ISU - Armac Blog

When you are in your twenties or thirties or even forties, you may be in the best of health. Having an accident or illness may not be a major concern. However, aging is a normal process and by the time you hit your fifties, you may realize you are vulnerable. Disability insurance may be an ideal solution for self-employed people who are dependent upon their income for monthly expenses. Individual short term disability insurance can help to cover your financial risks when you cannot work temporarily.

Are you about to move in a new home or condo in CA? It’s likely you’ll be taking out a home or condo insurance to protect your newest major asset. Has it been a while since you read through the fine print of a home or condo insurance in California policy? It’s not uncommon for home owners to remain loyal to the same insurer for years and simply keep renewing the policy. Doing so however, might mean that you are now unaware or unfamiliar with the finer details of the policy. Here are a couple of things you might like to check.

Getting individual short term disability insurance is something to consider when you are dependent upon job earnings to pay your bills. Short term disability insurance helps enable individuals to receive some income when recovering from injuries or illnesses. Most policies may pay a percentage of the insured’s salary for a specific time until they can return to their job. Individuals can purchase short term disability insurance and many employers also offer this type of insurance in their benefits packages.

Living in a condo does not suit everyone, but some folks love the idea of a beautiful home close to downtown areas, luxury amenities and no yard responsibilities. On a condo property, the condo association or board sees to the insurance for the structure of the complex and common areas. As a condo owner you are responsible for obtaining condo insurance in California for personal items inside your condominium and for certain internal structural parts of your dwelling. 

Living in a condominium is not the same as living in your own home, and therefore it is useful to get the advice of experienced insurance agents when you are ready to buy condo insurance in California. California requirements are similar to other states in respect of condominium insurance, and you can expect many risks in relation to the building structure to already be covered by your condo association’s insurance policy.

Do you work for yourself and need to know that your individual short term disability insurance is adequate for the risks associated with your occupation and individual needs? Understanding policies that offer such specific cover is not always easy. Our agents can help appraise your needs and compare them with products available on the market. Don’t rely on guesswork to get the protection that you need.

Earlier this year, Blue Shield of California announced their pledge to give back.  If they earn more than 2% net income, they will return the excess amount to their customers and the community. Based on the insurance carrier’s 2010 income alone, they are able to give back $180,000,000. They have already distributed the credits to our clients twice since making the announcement.