Who You Work With Matters

What is title insurance? The insurance is the exact opposite of all the other lines that you may deal with, because you're dealing with what's happening in the future, if somebody's going to have a fire or a car accident, whatever it is, potential theft, that's future liability. Two Rivers Title deals with what's happened in the past. Title insurance is simply taking a look at everything that's transpired involving a piece of property from the dawn of time, and who owns it, and who has a right to use it, and what liens may be on it. Watch to learn more!

Aaron Levine, CIC, MBA

https://www.alevinegroup.com/​

Follow us:

Instagram: https://instagram.com/luxurygroupins/

Facebook: https://www.facebook.com/LGinsuranceinc​

LinkedIn: https://www.linkedin.com/company/lginsurance

Follow Matthew Cohen:

Facebook: https://www.facebook.com/tworiverstitle/

Twitter: https://twitter.com/tworiverstitle

LinkedIn: https://www.linkedin.com/company/two-rivers-title-company-llc/

Disclaimer: https://www.alevinegroup.com/disclaimer/​

#insurance​ #homeinsurance #titleinsurance #businessowner​ #lien #liens #homeowner

We're hopeful that a lot of people are starting new businesses. We're hopeful that people are going to fill up those empty retail spaces. When somebody starts a business, they get a lease. Sometimes it's 10 pages and it's handwritten or it's from 1986 because you have an old-timer that's used the same lease forever and hasn't changed. That's okay. We liked that too, I guess.

Sometimes we get a lease that's 90 pages long. The bigger the landlord, the bigger the lease. As many buildings as they have, they add a page for every time they acquire a new property. They also ask for more and more insurance as they continue to grow themselves. When should a business owner, a prospective business owner, consult with you as an attorney?

We sit down to discuss this an more with Joseph J. Asterita of Bonfiglio & Asterita.

On this episode we have Beth Fredrickson, an independent reseller of voluntary benefits.

Beth runs an insurance agency that specializes in voluntary benefits. She choose Aflac as the face of her business because, the branding and the support of the fortune 500 company has proven to be every level of ethics that she wants to have in her everyday business. "If I make a promise to you as a business owner or a policy holder, I know Aflac will be there to stand behind the promise and commitment that I made to you."

So what is voluntary benefits you may ask?

So your major medical is designed to pay the doctors, the hospitals, and the providers. But we know in the time that we're living in that people have additional out-of-pocket expense and exposure, should they have a medical event in their household? So the voluntary programs are designed to help meet the financial gap that they may have as far as an exposure. Should they have an injury? Should they have a major diagnosis, like a cancer or critical illness? What many people don't take into consideration is while they're going through their care for recovering, from an event, the major medical may have a copay. It may have a deductible. It may cause them to miss time from work. There may be things like transportation expenses. You can't use that blue cross card to go through the E-ZPass if you're traveling for medical care. People can incur high expenses. Just to give some context, Harvard did a study a few years ago and they found that 60% of the bankruptcies in this country stemmed from a major medical event in the household. 77% of those individuals had an act of major medical plan at the time the event took place. So we know that it may not be enough, and that's why these voluntary programs are so important for people's financial stability.

Business owners always want to know if I 1099 my employees do I really need workers' compensation? So we figured we'd bring in an expert on the other side of the coin and kind of dive into the tax side of it. I've got Kevin Muldowney from David Muldowney, Jr. CPA out of Colts Neck and Little Silver