Archive for the ‘News to Know’ Category

Home-Based Businesses Are On The Rise

Posted on: July 18th, 2017 by Agent Mark No Comments


The number of home-based businesses in the northeast is now estimated at 1.5 million and growing.

It is not a surprise, with low startup costs, flexible hours and internet access fueling the growth of many home-based businesses. For many, the thought of eliminating their commute and making their own work hours are very attractive employment benefits.

For some people, their home business supplements their primary income. For others, it brings in enough income to make a full-time living.

Whether your home-based business is a side business or your primary income source, it is important to review the “insurance aspects” of your home-based business.

Your home insurance policy does not provide coverage for business property or your business liability.

Here are a few claim examples we have seen over the years:

• Stolen inventory at a trade show.

• A fire at home destroys business property and inventory.

• A customer slips and falls at an event sponsored by you.

• You host a pop-up party promoting your business, alcohol is served and an invited guest has a car accident on their way home and looks to you for property, medical and lost wage damages.

Its good business to check that your business insurance is providing the coverage most important to you.

Tips for your own phone mobile security!

Posted on: May 31st, 2017 by Agent Mark No Comments

phonesecurityWe had a family reunion this weekend that brought many of us together from all different parts of the country. Many of us flew in from various cities and one of us left our phone on the plane!

The good news about this phone left behind was that the phone contained the standard MOM entry in the contacts. Due to this MOM entry, the phone did get back to its owner after a few days in the airport lost and found.

Now what exactly was on that phone and how secure was it? Not really sure about what was on that phone but I do not since they called MOM from it, security was not fabulous.

Here are a few phone security tips we think might be useful!

  • Set a lock and pin on all devices (most phones have an “auto lock” feature).
  • NEVER connect to unsecure, public Wi-Fi options
  • Keep Bluetooth out of “discovery mode”
  • If this is a phone used for work, notify your employer immediately if a device is lost or stolen. There are remote “wiping” features that will clear a device’s data if it falls in the wrong hands.
  • Enable “Do Not track” in your mobile web browser
  • Use a recovery app to find a lost or stolen device
  • Add a contact to contact in the event of a lost phone. (Maybe not MOM)

By the way our family reunion was a great time! It was a great way to kick off summer! Hope you enjoy your summer days. They really are coming soon.

Will Talk Time

Posted on: April 10th, 2017 by Agent Mark No Comments

downloadConfession time here. It has taken me over two years to get my will documents signed and in order. I am relieved to say that at the time of this writing, my will is finally all set.

You are probably wondering…… why the delay?

My honest response is, there was no good reason. I just did not get around to getting signatures, getting notaries and mailing documents around. If I died without my will in place, things could be complicated.

When you die without a will, your property will generally pass according to state law (under the rules for intestate succession). When this happens, the state essentially makes a will for you. State laws specify how your property will pass, typically in certain proportions to various persons related to you. The specifics, however, vary from state to state.

Most state laws favor spouses and children first. For example, a typical state law might specify that your property pass one-half or one-third to your surviving spouse, with the remainder passing equally to all your children.

Even if it seems that all your property will be transferred by beneficiary designation, joint ownership, or trust, you should still generally have a will. You can designate in the will who will receive any property that slips through the cracks.

Now that the will task is completed I will move on to rechecking my life insurance. A grown up’s work is never done.