Category Archives: Uncategorized

The Benefits of Buying Life Insurance When Young

by O. Ritter, November 20, 2014

 

What do you know about Life Insurance? Have you considered taking out a life insurance policy? If the answer is no, let me give you a brief description of the benefits of taking out a policy and doing this while you’re young! Well, let’s just say the younger you are, the lower the price will be to insure you and let me explain why.  When you are younger, you’re typically in better health than when you’re older.  With that being said, getting lower premiums will be a much easier process and you will be able to obtain a fixed rate as long as you’re paying your premiums on time. This is just a portion of the benefits received at the time of purchase so I encourage you to keep reading on.

The cost of life insurance depends on many factors, including the type of policy, the death benefit amount, age and health at the time someone takes out a policy. By buying life insurance at a young age, it ensures that if something happens to someone’s health in the future, that person’s rates will always be based on his or her health at the time the policy was purchased,” (New York Life Insurance).

How awesome is that? Pretty awesome! For you readers out there, this is important information to know before taking out a policy so make sure you DO YOUR RESEARCH!

Lastly, let me add that my thoughts on life insurance were the same as many other young adults. I thought, “I’m 24 with limited possessions and no kids – what the heck do I need life insurance for?” In doing my research, though, I found the many benefits it offers including building cash value overtime and being able to take out the cash you need in case of emergency – even if you simply need to pay off a loan. Now, if this information about life insurance hasn’t moved you to at least consider purchasing it, then I MUST say you should still think about it or maybe even pass along the information to your family and friends. This is one investment that is worth your while. Next week I will break down the many different types of Insurance options you have to determine the type of insurance that is best for YOU!

References:

Forbes.com

Wall Street Journal Online

Movember 2014

by Peter Andersen, November 10, 2014

Movember1

It is Movember, which means it is time for me, and many hundreds of thousands of men like me (4 Million in 2013!), to grow the much misunderstood and maligned mustache. We do it because we love the odd looks from people we don’t know, we do it for the comments of friends and loved ones that either think it is great or horrible, but mostly, we do it because it is for a good cause.  The owners of Levitt-Fuirst have always supported this endeavor, donating money to my MoSpace page each of the years I have taken part.  I appreciate their support, and hope that with each year, I find more people to support me in this endeavor.

Much like breast cancer awareness and the color pink, Movember is designed to bring awareness to men’s health issues. From testicular and prostate cancers, to mental health issues.  Movember is designed to open the eyes of the masses that men need to take better care of themselves, and to bring into the light the risks that take the lives of so many men earlier than they should.  Movember is about encouraging more men to take steps today that may allow them to live longer, happier, healthier lives.

But about the mustache…  I have to say right off the bat – I cheated. You are supposed to grow a mustache from scratch, just a clean face with no pre-growth. Me? I had a goatee, and decided to maneuver it into the standard for which I have been known for these last three Novembers. The Movember site calls it the “Trucker”, though I think of it as a Modified Zappa… Sad fact is prostate cancer took Mr. Frank Zappa’s life, at 53 years of age, so let’s call this an homage to him, in the hopes that there will be fewer prostate cancer victims in the future.

 

Regardless of the name, the shape, the comments it receives, or the motivation – the goal of Movember and the 4 million mustaches continues to be bigger than the fashion statement we are or are not making… The goal is to raise awareness, increase education, improve screening, catch diseases early, and improve treatment.  That is where you come in.

I ask you to visit my MoSpace page, http://us.movember.com/mospace/4335633, and donate to this good cause. Maybe because you know someone that has fought these diseases, maybe because you are a friend of mine, maybe because you just simply want to encourage a man with a mustache. Really, does the reason matter? The results are all good.

Thanks.

Peter

What’s Happening in the Region

by P. Andersen

Looking for something to do this weekend?  From Greenwich to Greenwich Village, from Westport to Irvington, our area offers a Cornucopia of entertainment.  Here are a couple options if your flavor runs towards pets of all shapes or sizes.

 

This Sunday, September 7th, come see, and maybe buy yourself a reptile at the Westchester County Center in White Plains! Over 100 reptile breeders will be at the NY Metro Reptile Expo selling their little (and not so little) friends, along with all the accompaniments you might need to turn your home into a terrarium. This is the largest reptile event on the east coast, so if you love the little critters, this is the place to be.

NY Metro Reptile Expo, $10/adults, $5/Children – 845-526-4845

Sunday, September 7th from 10:00 to 4:00

Westchester County Center, 198 Central Ave, White Plains, NY

http://events.greenwichtime.com/white_plains_ny/events/show/371420510-ny-metro-reptile-expo

Dog Cat

Looking for a more traditional pet? The Larchmont Pet Rescue in Harrison NY is sponsoring a Puppy/Dog Meet and Greet on Saturday, September 6th. Visit from 11:00 to 1:00, and find your family’s new best friend.

Larchmont Pet Rescue, 7 Harrison Ave, Harrison NY.

Saturday, September 6th from 11:00 to 1:00

http://events.greenwichtime.com/harrison_ny/events/show/371600425-puppy-dog-meet-greet

What’s Happening In Our Region

By: Alan Mani

The weekend is here, and we hope you can take the time to enjoy the region’s events.  Levitt-Fuirst insures clients from Greenwich to Chappaqua, from Manhattan to Westport.  We love the region as much as anyone and we hope you get out and enjoy the spoils our beautiful area offers.

Hanging out with the family in Greenwich? Don’t know what to do Saturday morning? Go to the Third Annual Livingston County Farm Crawl. Take your family to a working farm and see how everything works. No charge for the visit. You can also go on Sunday if that works better for you.

 

In New York and you want to catch a show? Come watch Christopher McBride perform with his saxophone. Be sure to get your tickets before they sell out!

Not exactly sure what you want to do this weekend? See what interests you with a visit to the Greenwich Time website for more music, food and entertainment options in southern Connecticut, Westchester, and New York City.

 

What’s Happening In Our Region

By: Alan Mani

The weekend is here, and we hope you can take the time to enjoy the region’s events.  Levitt-Fuirst insures clients from Greenwich to Chappaqua, from Manhattan to Westport.  We love the region as much as anyone and we hope you get out and enjoy the spoils our beautiful area offers.

Are you in Chappaqua with your special someone? Do you enjoy watching butterflies and humming birds? Go do the Saw Mill River Audubon: Butterfly and Hummingbird Garden Tour at Pruyn at 10 in the morning. Learn how to attract butterflies and hummingbirds to your yard.

Visiting some family in Greenwich? Go to the Bruce Museum and explore the extraordinary deep sea by examining both the adapted survival strategies utilized by creatures of the deep and the technology that enables researchers to record ground-breaking observations.

Not exactly sure what you want to do this weekend? See what interests you with a visit to the Greenwich Time website for more music, food and entertainment options in southern Connecticut, Westchester, and New York City.

What’s Happening In Our Region?

By: Alan Mani

The weekend is here, and we hope you can take the time to enjoy the region’s events.  Levitt-Fuirst insures clients from Greenwich to Chappaqua, from Manhattan to Westport.  We love the region as much as anyone and we hope you get out and enjoy the spoils our beautiful area offers.

Spending the day in Danbury and you’re feeling a bit bored? Go check out the Summer Concert Series at Ives Concert Park-Westside Reggae Festival featuring Beres Hammond, Morgan Heritage, Barrington Levy, Anthem Band, Lupa, Nachy Bless and more. Tickets are still available.

If you’re in Manhattan in the evening, go down to Central Park (or Grand Central or Soho) and join the “Ghost Doctors” and hunt ghosts. Learn how to use the equipment and learn the protocols and some of the cities most interesting historical sites.

Not exactly sure what you want to do this weekend? See what interests you with a visit to the Greenwich Time website for more music, food and entertainment options in southern Connecticut, Westchester, and New York City.

Video Today, Simplified Claim Tomorrow

by Peter Andersen

August 6, 2014

The goal of any insurance policy in the event of a claim is to “make whole” the insured. The concept is that your insurance should put you back to the way you were before you had the loss – not better off, and not worse off – the same. The devil is in the details, however – how do you recreate the way you were at the time of the loss? How do you tell your insurance carrier exactly what was lost, and in what condition it was? How do you show them the valuables that were stolen, or the quality of the workmanship after a fire or flood or theft?

Q. How do you show your insurance carrier what needs replacement after the loss rendered the item unrecognizable, lost or stolen?

A. You have video and Inventory of your possessions BEFORE the loss!

If you want to protect yourself from a future claim, prepare today for the unthinkable. There are two key things you can do ahead of time to make your life easier after a loss: take videos and pictures, and make an inventory.

Your phone likely has an amazing camera and video camera. Take a walking tour video of your house, describing each item as you video it. Break the video up into rooms, and save each individually, making it easier to find a particular item. Take pictures and videos of valuables, those items that will be harder or more expensive to replace. One of a kind items? These are the most important items to document, and they should be listed on your Valuable Articles policy (as discussed in our blog from Monday). Still, collect details on these items as well – the appraisal, where and when you purchased it, price, and pictures or images of the object.

These videos and pictures will often auto backup to the web, but you should always manually store the images to the web so you can get them in an emergency, even if your computer or cell phone is destroyed, lost or stolen. There are several options for this – you can email yourself the pictures and videos if you use a web mail program (Google, Yahoo, etc). Even better, store them in the cloud using one of the free storage options (Google Drive, Apple iCloud and Microsoft OneDrive are all good examples of free cloud storage options). Should a claim arise, you now have video evidence of what you have in your house, making it easier for you AND the carrier to “make you whole”.

Once you have your video documentation, make up a home inventory to go along with it. Write down everything you have in your house that you would want replaced, should there be a claim. For more expensive items, get serial numbers and model numbers (to go along with the video evidence you just created). Where and when did you get it? How much did you pay? Information is so important – the more you have, the easier it will be when it comes time to discuss the claim with your insurance carrier. The website http://www.knowyourstuff.org/ is an excellent resource for creating your inventory, and this portion of their site gives you amazing insight into the process if how and what to inventory. Read about what you should do here, from Know Your Stuff, or watch the video on Youtube.  You can also simply create a spreadsheed using Excel, again saving the file to the cloud for access in the event of a claim.

Remember – after a loss is too late. Take the time to inventory, in list and image, before the need arises. As with all insurance, the best case scenario is you never need to use these images, videos and lists. It is the best possible outcome.

 

 

 

What’s Happening In Our Region?

8/1/14

By: Alan Mani

The weekend is here, and we hope you can take the time to enjoy the region’s events.  Levitt-Fuirst insures clients from Greenwich to Chappaqua, from Manhattan to Westport.  We love the region as much as anyone, and we hope you get out and enjoy the spoils our beautiful area offers.

This Week In The Region:

Waking up in Chappaqua, looking for something to do Saturday morning?  At 10:, come join Zumba Fitness with Peggy. It’s an exercise in disguise! Who said exercising had to be boring. Call Peggy and tell her you’re ready to dance the calories away.

If you are in NYC on Saturday, stop by The Brooklyn Flea in Fort Greene. Come and see what all these vendors have made and what delicious food is available.

Not exactly sure what you want to do this weekend. See what interests you with a visit to TimeOut New York or if you’re in Connecticut, checkout the Greenwich Time for more to do in southern Connecticut and Westchester.

Coverage of the week: Antique Auto Insurance

by A. Mani and K. Vargas

 

Welcome to this week’s “Coverage of the Week” blog where we discuss a particular coverage to educate and clarify a particular topic. This week’s topic…Antique Cars Insurance. Your 1958 Corvette Convertible can’t be insured in the same way as your 2010 Corolla. They are different, and therefore there are different coverages and rates. Allow us to tell you all you need to know about Antique Auto Insurance.

Generally for a car to be considered a collector car the vehicle will need to be 25 + years old. Some carriers do make exceptions to their guidelines based upon a cars rarity, uniqueness, collectability and/or historical significance. The details of the vehicle will normally need to be reviewed by the insurance company’s collector car specialist to determine its eligibility.

Collector cars are relatively inexpensive to insure compared to regular auto insurance policies. One reason for this is a collector car is maintained primarily for use in car club activities, exhibitions, parades, functions of public interest, or for private collection and is used infrequently for other purposes such as a joy ride. Generally, these cars are rarely driven and minimal mileage is tacked on annually. If a client has a collector car that is driven on a daily basis to and from work etc., the collector car eligibility would be declined. Some carriers also exclude damage to a collector car caused by a driver under the age of 25 years old.

These vehicles are normally insured on an agreed value basis. Agreed value is agreed upon by the insured and the insurance company before policy issuance.  In the event of a covered total loss the insurance company guarantees to pay the value agreed upon.   Normally the comprehensive and collision deductibles are “Zero” if this coverage is selected, and full glass coverage is included (varies by company/state). Photos of the car may need to be provided, and a vehicle appraisal could also be required if a client wants a higher agreed value than what the company helps determine.

The collector car policies usually include limited coverage for spare parts, for a direct or accidental physical loss or damage to spare parts you own that are kept as replacement for components normally part of your collector vehicle. Also, newly acquired vehicle coverage is included for up to 30 days normally. So if you purchase a new collector car and forget to tell your agent, you are covered for the first 30 days and some carriers will provide up to $50,000 in coverage for this newly acquired vehicle – but talk to your agent to be sure.

Policyholders are required to have an acceptable driving record as well as at least one regular private passenger vehicle.  It’s also important to know that most of the basic auto exclusions such as wear and tear, vehicles used to carry people or property for a fee, racing or track usage, or mechanical breakdown are excluded from this type of policy.

Check out a vintage auto race in Limerock, CT and these auto’s in Greenwich, CT.

What’s Happening In Our Region?

By: Peter Andersen

The weekend is here, and we hope you can take the time to enjoy the region’s events.  Levitt-Fuirst insures clients from Greenwich to Chappaqua, from Manhattan to Westport.  We love the region as much as anyone, and we hope you get out and enjoy the spoils our beautiful area offers.

This Week In The Region:

 

Tonight at 7 in Pleasantville, there is a rose wine tasting event happening at Best Wine Purveyors.  Rose, the oft maligned wine style, due to the over-sweet blush wines of the 80s, is actually a perfect accompaniment to summer.  Learn more about this underappreciated wine tonight – seats are filling up fast so register now!

On Saturday, July 26th, Peekskill has its 8th Annual Music Festival from 12:00 to 10:00, with a wide range of musical styles focusing on rock and blues.  Get out and dance in the beautiful weather we have in store.

Spending time in Westport with your poorly behaved pooch?  Perhaps a hands on dog training event in Westport is for you and Fido?  On Saturday, learn real world solutions to your canine’s problem behaviors with nationally known trainers.

See what else is going on at GreenwichTime.com!  We live in an amazing area, so get out and experience some of the wonderful things available to you.