Uncategorized

Sep

2023

What If I Get Diagnosed With A Chronic, Critical or Terminal Illness?

Chronic illness coverage is insurance that provides financial assistance to people who are diagnosed with a chronic illness. Chronic illnesses are long-term health conditions that can significantly impact a person’s daily life. Some examples of chronic illnesses include heart disease, cancer, diabetes, and Alzheimer’s disease.

Terminal illness coverage is insurance that provides financial assistance to people who are diagnosed with a terminal illness. Terminal illnesses are illnesses that are expected to result in death within a relatively short period of time, typically 6 to 12 months. Some examples of terminal illnesses include cancer, ALS, and Lou Gehrig’s disease.

Critical illness coverage is insurance that provides financial assistance to people who are diagnosed with a serious illness, regardless of whether the illness is terminal or chronic. Some examples of critical illnesses covered by critical illness insurance include heart attack, stroke, cancer, organ transplant, and blindness.

All three types of coverage can be valuable financial tools for people who are facing serious health challenges. Chronic illness coverage can help people pay for the high cost of treatment and care associated with chronic illnesses. Terminal illness coverage can help people pay for end-of-life care and other expenses. Critical illness coverage can help people pay for the unexpected costs associated with a serious illness, such as medical bills, travel expenses, and lost income.

Here are some specific examples of how chronic, terminal, and critical illness coverage can help people:

A person with heart disease can use chronic illness coverage to pay for the cost of medications, doctor’s visits, and rehabilitation.

A person with cancer can use terminal illness coverage to pay for experimental treatments or to make sure that their loved ones are financially taken care of after they pass away.

A person who has a stroke can use critical illness coverage to pay for the cost of rehabilitation and to help them make necessary modifications to their home.

If you are concerned about the financial impact of a serious illness, you may want to consider purchasing chronic, terminal, or critical illness coverage. These types of coverage can provide much-needed financial assistance during a difficult time.

Sep

2023

What is a Long Term Care Rider (LTC)? Do I or Should I Have One?

A long-term care (LTC) rider is a feature or rider on a life insurance policy that allows the policyholder to access the death benefit while they are still alive to pay for long-term care expenses. Long-term care expenses can include things like home health care, assisted living, and nursing home care.

LTC riders can be a good option for people who are concerned about the cost of long-term care and who want to have a way to pay for those expenses without having to deplete their savings or rely on family members for financial assistance.

Here are some factors to consider when deciding if you need a long-term care rider:

Your age and health: If you are older or have a chronic health condition, you are more likely to need long-term care in the future.
Your financial situation: If you have limited savings or other assets, a long-term care rider can help you protect your assets and ensure that you have the money you need to pay for long-term care.
Your family situation: If you have a spouse or dependents who rely on you financially, a long-term care rider can help you ensure that they are financially secure if you need long-term care.

If you are considering a long-term care rider, it is important to compare different policies and riders to find the one that is right for you. You should also talk to your insurance agent about the eligibility requirements and any fees associated with accessing the rider’s benefits.

Here are some specific questions you can ask your insurance agent:

What types of long-term care expenses are covered by the rider?
What are the eligibility requirements for accessing the rider’s benefits?
Are there any fees associated with accessing the rider’s benefits?
How does the rider affect my life insurance policy’s death benefit?

If you have questions about your policy or are interested in learning more about LTC Riders, please reach out to your agent.

Sep

2023

What Are Living Benefits & How Can They Help Me?

Living benefits are features or riders on life insurance policies that allow the policyholder to access the death benefit while they are still alive. These benefits can be used to pay for a variety of expenses, such as:

Medical expenses associated with a terminal or chronic illness
Debt, such as mortgages or loans
Long-term care
Quality-of-life expenses, such as travel or hobbies

Living benefits can be especially helpful for people who are facing serious health challenges or who are nearing retirement. They can provide much-needed financial assistance in a time of need.

Here are some specific examples of how living benefits could help you:

If you are diagnosed with a terminal illness, you could use a living benefit to pay for expensive medical treatments or to make sure that your loved ones are financially taken care of after you pass away.

If you are diagnosed with a chronic illness, you could use a living benefit to pay for long-term care, such as home health care or assisted living.

If you are nearing retirement and have accumulated significant debt, you could use a living benefit to pay off your debt and improve your retirement income.

If you have a young family, you could use a living benefit to pay for college tuition or other expenses.

Of course, there are some limitations to living benefits. For example, may need to have a certain type of life insurance policy or meet certain medical criteria in order to qualify. Additionally, there may be fees associated with accessing living benefits.

Overall, living benefits can be a valuable financial tool that can help you meet your needs during difficult times. If you are considering purchasing life insurance, be sure to ask your insurance agent about the living benefits that are available.

As you review your insurance portfolio, here are some specific questions you can ask your insurance agent about living benefits:

What types of living benefits are available on my policy?
What are the eligibility requirements for each living benefit?
Are there any fees associated with accessing living benefits?
How can I use living benefits to pay for my expenses?

If you’re not sure if your policy includes living benefits, or if you think you’d like more information about adding them to your policy, don’t hesitate to reach out.

Mar

2023

Spring Cleaning Tips

Spring cleaning is great way to shake off the rainy weather and dive into spring. Taking the time to freshen up your home gives you a head start on that spring and summer beach weather, but as you’re cleaning there are a few easy maintenance things you can do to help prevent expensive homeowners claims. Here are some tips to make the cleaning part as easy as possible and a list of maintenance items you can tackle while you’re at it.

CLEAN ONE ROOM AT A TIME
Keep the cleaning manageable by making a plan for each room to help you stay organized and to remind you of the areas that need extra attention. It’s ok skip areas that are cleaned regularly, and focus on the parts of your home that were neglected over the winter.

GET RID OF THE CLUTTER
Clutter is a problem for all of us, and the thought of getting rid of it can be panic inducing. Try taking a systematic approach to make things manageable. Start by identifying problem areas and then sort everything into one of these categories—throw away, give away, put away or store for late use.

TACKLE SEASONAL CHORES
Make sure that you don’t forget to tackle season chores so you can enjoy your home and your backyard during spring and summer. Wash the windows (inside and out), give the barbecue a once over, clean the pool, refresh the patio furniture. When you’re done with that don’t forget to clean and store all those winter clothes, bedding and decorations

QUICK MAINTENANCE TASKS:
Check the batteries on your smoke or carbon monoxide detectors, garage door openers and car keys
Clean or replace HVAC filters
Check your water heater and air conditioning
Check the seal on windows and doors
Trim and/or remove any branches or shrubbery that might be a fire hazard
Clean the gutters and spouts after all the rain
Check your driveway and sidewalk for cracks or uneven surfaces that might cause injuries

Mar

2023

Types of Small Business Insurance You Might Need

As a small business owner your time and wallet are likely stretched thin, especially right now, and you might be asking yourself if you really NEED insurance. Making sure that you’re covered allows you to take smart risks on your business, protects you from property and other damage and gives you a safety net in case of an accident involving a customer or employee. So what are the different types of business insurance that you need to be looking at?

GENERAL LIABILITY INSURANCE
As a small business owner, you may be legally responsible if another person gets hurt or incurs damage to their property while at your business or because of something you did. General Liability insurance provides insurance coverage for your business in the case of claims made by others including bodily injury, property damage, or personal injury.

ERRORS & OMISSIONS INSURANCE
Errors & Omissions (E&O) insurance is useful if you or your employees provide a service that a client could claim is inadequate or tied to negligence. For example, if you are a real estate agent, you may find yourself facing a lawsuit if a homeowner finds defects in their new property after closing. This homeowner may allege you did not disclose the defects and try to collect based on the diminished value of the home.

WORKERS COMPENSATION INSURANCE
Workers compensation insurance protects your employees and your business from work-related accidents, illnesses, and even death. Workplace injuries happen in even the safest of workspaces. Even if the employee has health insurance, you are responsible for medical costs for a job-related injury or. The worker is also to a percentage of their wages if they are unable to work due to their injury or illness. These costs are covered by workers compensation insurance.

COMMERCIAL AUTO INSURANCE
Commercial auto insurance covers vehicles used for business and the people who drive them. If you or a driver of your business vehicle causes an accident that injures another person or damages their property, they can file a claim on your policy and bring a lawsuit against you or the driver.

Sep

2022

Should You Consider Life Insurance for your College Student?

College students are usually focused on getting to class, maintaining good grades and graduating on time. Student life insurance policies are an issue that they’re unlikely to contemplate

But there are some circumstances when a college student should weigh buying life insurance. It can provide an extra layer of financial protection for a surviving family. Consider the situations below.

STUDENT LOANS
Many college students pay at least part of their education with student loans. For federal student loans, the amount owed is canceled in the event the student dies before paying off the debt. That doesn’t happen with private student loans, which are more like traditional loans and still must be paid off. These types of loans also typically require a co-signer, who becomes liable for paying off the loan if the student dies.

In some cases, the loan’s repayment schedule is accelerated after a death or can even require immediate repayment in full. This may put the co-signer in a serious financial bind as they struggle to pay off the loan or damage their finances and credit rating in the process. A student life insurance policy will pay off the remainder of the loan in the event of a student’s death and protect the co-signer financially

COVERING DEPENDENTS
It may not be the norm, but it’s certainly not uncommon for an undergraduate to get married or have children while in school. There are also many cases of older, married students who have delayed the start of their education or are returning to college after time off.

Here, too, life insurance offers financial protection to a spouse and dependents by paying off student loans and other debts as well as funeral expenses if the student dies. Depending on the policy, it can also provide financial support for the student’s children.

PROTECTING PARENTS
Student loans aren’t the only way to pay for a college education. Parents of students can finance their child’s education through various methods, including home equity credit and 401(k) loans. If the student dies prematurely, these debts still need to be paid off, which can take a heavy financial toll on a family. A term life insurance policy on the total amount of their expected college debt will help cover these expenses.

College is expensive. To cover family members in the event of a student’s untimely death, a life insurance policy provides financial protection from unpaid loans and other debts. Give us a call at (760) 271-6651 to talk about life insurance options for every stage of life, including college.

Sep

2022

Life Insurance and Saving For Your Child’s Education

Most people have heard of a 529 account, but there are other ways to save for your child’s education. What if your children decide not to go to school? What if they want to use that money for real estate, starting a new business or taking a trip overseas?

TAX ADVANTAGES
Life insurance offers certain tax advantages. In the event of your death, your family can choose to use the income tax-free death benefit to pay education costs. And with some types of life insurance, you can take loans against your policy without tax penalties.

ADDITIONAL FEATURES
Be sure to take into account these additional features when planning for your kids’ college funds, available with certain types of life insurance:

Guaranteed cash value, so you know a certain amount of money is available
Access to your money, so you can use it for tuition and other educational expenses
Market participation, so your policy’s value has the potential to grow based on the performance of investments in your policy

TERM AND PERMANENT LIFE INSURANCE
If you simply need to pay for your child’s college expenses in the event of your unexpected death, consider term life insurance and you can choose the length of time you need coverage and the amount of death benefit you need.

With permanent life insurance, you may be able to take withdrawals or loans against your policy’s cash value, which can continue to grow tax-deferred. This may be an option if you’ve maximized your 529 plan, which also offers tax-deferred growth and tax-free withdrawals for higher education expenses. Talk with your agent about how you may be able to use permanent life insurance to help with college expenses.

If you have questions about how to best use your life insurance portfolio to provide for your children’s education please reach out to us at (760) 271-6651 or via email.

Sep

2022

Common Questions About Life Insurance

WHY DO I NEED LIFE INSURANCE?
Life insurance can offer you some reassurance that the people you love will be taken care of if a tragedy strikes. Payouts are tax-free, so that’s one less thing they will need to worry about.

WHAT ARE THE DIFFERENT TYPES OF LIFE INSURANCE?
Term life insurance covers you for a length of time, and is generally the most affordable type of life insurance. If something happens to you within the term (10, 15, 20, or 30 years), your beneficiaries will receive the payout benefit. There are other types of insurance for people seeking life-long coverage, but they tend to be more expensive than term life policies.

Permanent life insurance is a policy that covers you for your entire life, and usually builds “cash value” over time. There are three types of permanent life insurance policies:
Whole life insurance builds value based on a set schedule. You’ll know the exact cash value of your policy at each anniversary. (If you take a loan or make a withdrawal from your policy , the cash value and death benefit will decrease.)

Universal life insurance earns a fixed interest rate on the cash value of the policy. While the interest rate may change over time, it will never dip below a guaranteed minimum rate.

Variable universal life insurance lets you invest your cash value in the stock market, so your policy value goes up or down based on the performance of your investments. The investment subaccount options in VUL policies are not offered for sale to the general public.

Accidental death Insurance is a policy offers you guaranteed coverage**, a minimum of $100,000 in financial protection for your loved ones if you die in an accident, and returns ALL of your premium payments in year 20 if you do not.

HOW DO I DECIDE ON THE COVERAGE AMOUNT?
Think about the amount of coverage you need and the lifestyle you want for your loved ones add up the balance of your mortgage, your credit card debt, and the amount you want to leave your beneficiary (for things like paying for college or paying off loans), then subtract your current savings.
Is the life insurance policy I get through work enough?

Keep in mind that employer policies generally don’t move with you if you change jobs, and go up in price as you age. Many people are surprised to learn that the life insurance included as part of their benefits package is only one or two times their salary. For most people, this amount does not cover their needs.

For help finding the right life insurance policies for you and your family, call us at (760) 271-6651 or get a personalized life insurance quote online.

** Accidental Death policy does not pay if the insured dies of natural causes, including, but not limited to cancer, heart failure, etc or suicide.
Content: Nationwide Insurance

Aug

2022

7 Things To Look For When Shopping For A Car

As your high school and college students head back to class this fall, you may be on the look out for a safe car for them to use. Not only do vehicles vary in size and color, but there are also important safety differences. Some vehicles are just safer than others. Consider the following safety features when shopping for a new or used car:

SIZE
Physics dictates that larger and heavier cars are safer. Pay attention to the weight of the car to opt for greater safety.

ON THE ROAD EXPERIENCE
High performance cars can tempt you to drive fast. Consider this if you have teenage drivers that will be using the car.

GOOD STRUCTURAL DESIGN
Ask the dealer about a car’s safety cage. Some brands are better known for their safety than others.

RESTRAINTS
Seatbelts, airbags and head restraints are standard on most new cars. Remember to consider this if buying used or vintage cars.

AYTIME RUNNING LIGHTS
Also standard on most new cars. Make sure you know how to turn them on before driving off the lot.

ANTI-LOCK BREAKS
Standard on most new cars, but remember to consider this if you’re purchasing a used or vintage car.

CRASHWORTHINESS RATING
Find your comfort zone. Check highwaysafety.org to find out how the cars you’re considering rate.

Jul

2022

You’re not imagining it…

If you are wondering if things are costing more than they did last year, you are not imagining it! Along with the woes of the economy, insurance companies are also having to make adjustments in what business they are accepting and how they can recover some major losses. There are many carriers changing the way they do business in California.

Why is full coverage auto insurance so much more than I remember? During the first year of the pandemic, most insurance companies offered a 15% reduction in auto insurance because drivers were staying home and driving less. Unfortunately, many allowed their coverage to lapse all together, leaving the insurance carriers without as much collected premium to cover losses. Now that many are back on the road, accidents are on the rise, carriers are short staffed and customer satisfaction is spiraling. Many well known carriers are asking for 6 months premiums to be paid up front instead of monthly installments and some are asking for larger premium commitments up front than ever before.

Did your home owners premium increase? It probably did! For homeowners, the replacement cost of your home definitely increased in the past year, and that will drive your premium up. Building costs, supply chain issues and labor shortages mean that if there is a significant loss in your home, it will cost the insurance company more than last year to make you whole, and they are passing that on to you! Check your statement for replacement cost or dwelling value and compare it to previous years.

If you have questions about your coverage or want to see if there is better pricing available don’t hesitate to reach out, we’re here to help!

Jul

2022

Get ready for wildfire season

California is facing another dry year and the state is bracing for an intense wildfire season.

Over 73% of California remains in Extreme Drought, with over 37 million Californians in a drought area. As dry conditions continue to persist, it’s not a matter of if but when a wildfire will be heading your way.

Tips for staying prepared during fire season:

CREATE DEFENSIBLE SPACE AROUND YOUR HOME
Defensible space is the required space between your home and the wildland area that helps to create a buffer to slow the spread of wildfires to a structure. It also protects your home from inciting due to direct flames or radiant heat.

MORE TIPS TO MAKE YOUR HOME AND PROPERTY SAFER DURING WILDFIRE SEASON:
• Remove dead vegetation from plants and lower branches from tall trees.
• Keep the gutters, roof and outdoor spaces free of debris like leaves and twigs.
• Clear out window screens and attic vents.
• Move firewood at least 30 feet from the house.
• Use roofing materials with a Class A fire rating (the highest).
• Install metal angle flashing at the edge of the roof.
• Box-in eaves that have an open construction (i.e., where rafter tails are visible).
• Install metal flashing where wood decking meets the siding (if the siding is combustible).
• Replace single-pane windows with multi-pane, tempered glass windows with screens.

PUT TOGETHER AN EMERGENCY KIT
Have your emergency kit ready and make sure to include:
• Important documents or possessions
• Medications
• N95 masks
• A first aid kit
• Water and food to take with you
• Tools including a flashlight, batteries, manual can opener, portable chargers for your phone/devices
• Don’t forget to prep for your pets as well with extra water, food, bowls.

Be sure to sign up for local warning system notifications. You can do that by visiting the County’s Ready San Diego page here.

MORE TIPS TO MAKE YOUR HOME AND PROPERTY SAFER DURING WILDFIRE SEASON
• Remove dead vegetation from plants and lower branches from tall trees.
• Keep the gutters, roof and outdoor spaces free of debris like leaves and twigs.
• Clear out window screens and attic vents.
• Move firewood at least 30 feet from the house.
• Use roofing materials with a Class A fire rating (the highest).
• Install metal angle flashing at the edge of the roof.
• Box-in eaves that have an open construction (i.e., where rafter tails are visible).
• Install metal flashing where wood decking meets the siding (if the siding is combustible).
• Replace single-pane windows with multi-pane, tempered glass windows with screens.

Jun

2022

Where to Watch Fireworks in North County

From concerts to carnivals there are plenty of family-friendly places to close out the long weekend with a fireworks in North County. Check out our top picks…

City of Vista
Independence Day Celebration at 1200 Vale Terrace Drive
Brengle Terrace ParK
Free
9 pm

Escondido July 4th Fireworks at Grape Day Park
321 N Broadway
Free
9 pm

Lakehouse Hotel San Marcos
1105 La Bonita Dr
Free
10 am Carnival
9 pm Fireworks

Legoland Red White and Boom
1 Legoland Drive
Cost of admission
9 pm

Oceanside fireworks at SoCal Soccer Complex at El Corazon
3302 Senior Center Dr
Free
9 pm

Poway Fourth of July fireworks at Poway High School Stadium
15500 Espola Road
Free
9 pm

San Diego County Fair at Del Mar Fairgrounds
2260 Jimmy Durante Blvd
Cost of admission

Jun

2021

5 Great Road Trips from San Diego

If you’re ready to break free of all this rainy weather, we’ve got you covered with 5 great road trips to some of Southern California’s best outdoor playgrounds. There’s a little something for everyone here from wine tasting to rock climbing and hot springs to snow shoeing, and best of all these are all less than 4 hours from San Diego.

SANTA YNEZ VALLEY

TOP THINGS TO DO:
Each of the towns in the Santa Ynez Valley has something fun and unique to offer. Solvang is known for its Danish architecture, giant windmills and incredible baked goods. If you’re a wine lover check out Los Olivos for tasting rooms, cute boutiques and galleries or embrace your inner cowboy (or cowgirl) in Wild West themed Santa Ynez. Once you get into the countryside you can explore local vineyards, hiking and biking trails or get go boating on Lake Cachuma.

DRIVING TIME
About 3 hours and 45 minutes

IDYLLWILD

TOP THINGS TO DO:
Idyllwild is the gateway to Mount San Jacinto State Park. Outdoor activities are popular here so bring your mountain bikes and discover scenic rides for bikers of all skill levels. You can also go bouldering or rock climbing and there are dozens of hiking trails of varying lengths and skill levels. Also be sure to check out the town of Idyllwild for great food, boutiques and galleries.

DRIVING TIME
About 2 hours

BIG BEAR LAKE

TOP THINGS TO DO:
Visit in the warm weather months to enjoy fishing, hiking, and mountain biking or rent a boat and get out onto the water. In the winter, enjoy some of the best downhill skiing and snowboarding in the state. You can also enjoy tubing or go snowshoe hikeing to enjoy the winter wonderland scenery

DRIVING TIME:
About 3 hours

PALM SPRINGS

TOP THINGS TO DO:
Palm Springs is known for its fabulous resorts, spas, and golf courses. It is the ultimate relaxation destination, with lots of outdoor activities, but lots of art, museums, shopping, and dining as well. Be sure to check out the Palm Springs Aerial Tramway for panoramic views from Mt. San Jacinto and take a soak at Desert Hot Springs.

DRIVING TIME:
About 2 hours

JOSHUA TREE NATIONAL PARK

TOP THINGS TO DO:
Bouldering and hiking are the most popular activities in Joshua Tree. There are hikes for every skill level, from short and scenic nature trails to harder hikes that take you to mountain peaks. While experienced climbers can have a blast scaling the vertical rock faces in the park, amateurs can have fun scrambling up large boulders. Check out the scenery from Keys View at sunset, and once night falls you’ll find a number of quiet spots for stargazing.

DRIVING TIME:
About 2 hours and 30 minutes

Jun

2021

How an insurance agent can save you time, money and stress so you can get back to the things that matter

Buying insurance is just about the last thing that most of us want to do. It’s complicated, takes a long time and you’re never quite sure that you’re getting the coverage you need or the best price. This is where an independent agent, who is licensed to sell insurance products for multiple companies, shines. Using an agent is like having a personal assistant to help you buy insurance.

At the end of the day, you want to make sure that that you have the best coverage at the most affordable price. Working with a trusted, experienced insurance agent who knows and understands your personal situation and needs can help guide you in the right direction. They’re able to look through dozens of companies and policy options to make sure you have the coverage you need and make sure you understand your policy service options before making a final decision.

An agent can also help you review your coverage regularly to make sure your coverage is up to date and reflects any big life changes. Here are 5 reasons to choose an independent agent:

1. They give you options – Independent agents represent many different insurance companies so they can offer you a variety of coverage options and price points. Agents use their connections and knowledge of the market to find you a better value for your insurance dollar than you might find searching on your own. Your agent is going to do the shopping while you do the saving.

2. They are licensed experts – A good agent can explain the complexities of insurance in terms and help you make smart decisions. They make work hard to understand their customers’ insurance needs and match them with the insurance carrier best equipped to meet those needs at a price the customer can afford. Seek the advice of a licensed insurance professional is the best way to be certain that your car, your home, and business are properly protected.

3. They are your advocate – If you have questions about a claim, miss a payment or need to change your coverage, your agent is your advocate and works with the insurance company on your behalf.

4. They are your neighbor – Independent agents are your neighbors…they are a part of the community where you live, and understand the ins and out of the neighborhood. Your agent is likely very involved in the community, sponsoring youth sports teams, shopping at local businesses, supporting local schools, and participating in community groups and events.

5. They want to be your agent for a lifetime – Your agent is invested in your success and there to help you through all the changes in your life. Whether that means going from renting an apartment to buying a home, starting a business, getting married, renovating your home, adding a teen driver to your auto policy, or looking to cover that retirement condo.