Shepard Insurance Insights
Indexed Life Insurance- Is it the right fit?
There are many versions of permanent life insurance to choose from. The traditional permanent policy has always been what is referred to as Whole Life, built on a foundation of strong guarantees with the investments primarily in Fixed Income. But the long period of declining (and now rising) interest rates have spawned a number of [...]
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Displacement- How are you covered?
It is routine in New York City with high rises that they experience water damage from a leaky toilet or a gusher from a neighbor doing renovations. The resulting damage from above can stretch from minor aggravation to having to move out of your property while the repairs are completed. It is of little surprise [...]
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Premium Financed Life Insurance and Rising Interest Rates
An old age axiom on success is OPM, using "Other People's Money" to achieve your financial success. That axiom is used in life insurance by doubling down on the leverage of life insurance by borrowing funds to pay the premiums. In a low interest rate environment, this can be an attractive financing tool. But what [...]
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Cold Weather = Frozen Pipes
January and February are typically the months with the coldest temperatures across the United States. When a cold snap occurs pipes freeze and burst. Frozen pipes are the most common and destructive causes of water damage. Even a small leak can cause extensive damage if undetected for a few hours. To avoid a frozen pipe [...]
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Global Warming – Our Little Obsession
It is understandable being coastal that we at Shepard Insurance work diligently to be experts on water damage losses, flood zones , and then flood insurance coverage. Some may call it a bit of an obsession. Did you know that water levels in Connecticut have risen by five inches since 1964? There is more- The [...]
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Hidden Exposures for Luxury Owners
New York City is home to many luxury town homes, co-ops and condominiums. What has been a relatively simple insurance choice to insure these properties has become a more complicated decision with the significant increase in water damage claims. What is the issue? In a world with Global Warming where coastal properties face a growing [...]
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