Friday, November 16, 2012

Give the gift of EPLI for the holidays!



How many times do we all hear the phrase, "I don't have to worry about EPLI lawsuits in my office"? Or the classic, "For that price I will take the risk."

So what information can we give you to help you help you clients? What can we provide you that will convince your clients that EPLI is needed now more than ever?
For one, try reading the recent article found in National Underwriter magazine called just that - EPLI Needed Now More Than Ever. Next, our friends at National Underwriter have another article in the same online issue about how the 'Recession Creates EPLI Demand'. (If you are not already receiving these online news updates, you should). This suggested reading can provide useful tips.

EPLI Insurance is that "extra" that clients seem to think they don't really need. It is that piece they feel, especially when times are a little difficult and they are trying to cut costs, they can probably do without. As their agent, how do you talk to them about the importance while keeping costs down?

What about all of those Holiday Parties? People that typically don't drink may tend to 'take a sip or two' more than usual around the holidays and let their guard down around other employees and/or employers. Reduced inhibition can lead to situations that create the potential for lawsuit. Comments or jokes made when someone has had a few too many drinks that are misinterpreted by another employee who is sober often lead to trouble.

Defense costs can be costly. Forget about the settlement which obviously can be extremely high in many instances. How will your client defend themselves? How will they protect their reputation?

But, your client doesn't need EPLI, right?

This is the time of year for celebration, jubilation, thanks and good tidings. But it is also the time of year to take a moment and realize that one mistake - or even one person claiming a mistake - can take it all away.

How can they afford NOT to have EPLI?

Jimcor's Professional Liability Specialists are available to assist you and your staff with placing this coverage as well as numerous other professional liability classes.

Call today for more information or click here for a representative near you.

Monday, November 12, 2012

Portable Generator Hazards

Portable generators can be useful.  In the aftermath of Super-storm Sandy many businesses and homes lost power and resorted to their generators.  While a quick fix, there are numerous safety issues that one must be aware of.
To avoid CO poisoning when using generators:
  • Never run generators indoors, including garages, basements, crawlspaces and sheds
  • Get to fresh air right away if you start to feel dizzy or weak

Be safe.

From your friends at Jimcor Agencies


Friday, November 2, 2012

POST SANDY

First, we hope everyone is safe in the aftermath of Superstorm Sandy.

In efforts to provide the best service to our agents and their clients we wanted to pass on some useful information:

  • Homeowners / businesses should take photos or videos showing the extent of losses before cleaning up damage.
  • Only necessary repairs to prevent further damage to property, like covering broken windows, should be done at this time.  Permanent repairs should not be made until after insurers have inspected losses.  Damaged personal property should be kept until after an insurance settlement has been reached.
  • Homeowners and business owners should cooperate fully with their insurer.
  • Keep a diary of all conversations with agents, adjusters, etc and include name, time, dates and details of each call.
  • Please check if your area is required to boil water... it is the small things that can mean so much during these tough times. Gas is hard to find in the tri-state area, so only drive when necessary and car-pool when you can.
Most importantly, keep safe.  Objects can be replaced.

Red Cross and FEMA have set up stations throughout NJ and NY.
FEMA - 800-621-3362 www.disasterassistance.gov  www.fema.gov
Red Cross information: http://www.redcross.org/mobile-apps/hurricane-app  http://www.redcross.org/find-help/contact-family/register-safe-listing

Our industry has pulled together through disasters before, and we will pull together through this.

Thank you for your trust.

Your friends at Jimcor Agencies