Archive for November, 2015

Cyber Monday! Watch out for Cyber Fraud

Posted on: November 30th, 2015 by Personal Insurance No Comments

Today is Cyber Monday! It is also the tenth anniversary of the first Cyber Monday.

We at Herlihy Insurance Group want to remind all consumers to be careful! At our own agency we have recently had emails appearing to come directly from Jim Herlihy asking for our bank info. When I checked in with him, he was not the sender.

Avoid Cyber Crime: Tips for Safe Online Shopping

Make sure the site is legitimate: Before you enter your personal and financial information, look for signs that the site is secure. This includes a closed padlock on your web browser’s address bar or a URL address that begins with shttp or https, which indicates that the purchase is encrypted or secured. If you’ve never shopped on a site before, or have never heard of the site, do some research to ensure they are legitimate. Never use unsecured wireless networks to make an online purchase.

Protect your personal information: When making a purchase, be alert to the kinds of information being collected and make sure you think it is necessary for the vendor to request that information. You should never, for example, have to enter your social security number to make a purchase.

Use safe payment options: Credit cards are generally the safest option because they allow buyers to seek a credit from the issuer if the product isn’t delivered or isn’t what was ordered. Also, unlike debit cards, credit cards may have a limit on the monetary amount you will be responsible for paying if your information is stolen.

Keep a paper trail: Save records of your online transactions, including the product description, price, online receipt, terms of the sale, and copies of any email exchange with the seller. Read your credit card statements as soon as you get them to make sure there aren’t any unauthorized charges.

Turn your computer off when you’re finished shopping: Many people leave their computers running and connected to the Internet all day and night. This gives scammers 24/7 access to your computer to install malware and commit cyber crimes.

Be wary of emails requesting information: Attackers may attempt to gather information by sending emails requesting that you confirm purchase or account information. Legitimate businesses will not solicit this type of information through email.

Safe Shopping to all! Hope you get some great deals. And if you purchase any high valued items, don’t forget to check on insuring them right away.

Take another Look at Trusts!

Posted on: November 16th, 2015 by Personal Insurance No Comments

Trusts

This week I was assisting a sibling with a question on flood insurance. Well technically I did not do the assisting. Our Herlihy Group Flood Guru answered the question, but during these conversations we were reviewing an individual’s home info. As we reviewed the client’s options we noticed that not only had the street number of the home change but also the ownership!

The story is a trust was created years ago and this property was transferred into that trust. The issue is that the property owner forgot to change their insurance policy to name the trust as owner.

The key challenge with homeowners insurance and trusts comes from the nature of insurance. When you purchase a homeowners policy, you might think you are insuring your home, but you aren’t. You’re insuring yourself (or whoever owns the policy) against something bad happening to your home or at your home. When you throw a trust into the mix, you end up muddying the picture of who is insured and who isn’t.

Since each property and trust is different we suggest that you review your insurance to make certain that both the trust and the individual have the property and liability protection that they need.

Questions? Trust Us at Herlihy Insurance Group! We can figure it out.

Today in honor of all Veterans Herlihy Insurance Group would like to share

Posted on: November 11th, 2015 by Herlihy Insurance Group No Comments

Veteran’s Day Prayer

By Joanna Fuchs

Dear Lord,
Today we honor our veterans,
worthy men and women
who gave their best
when they were called upon
to serve and protect their country.
We pray that you will bless them, Lord,
for their unselfish service
in the continual struggle
to preserve our freedoms, our safety,
and our country’s heritage, for all of us.
Bless them abundantly
for the hardships they faced,
for the sacrifices they made
for their many different contributions
to America’s victories
over tyranny and oppression.
We respect them, we thank them,
we honor them, we are proud of them,
and we pray that you will watch over
these special people
and bless them with peace and happiness.

Amen