Living Benefits of Whole Life Insurance
* Tax-free source of cash
- Cash values can be accessed either as loans or withdrawals to cost basis and then loans
- Dividends can be taken in cash, as opposed to buying paid-up additions
* Supplemental income at retirement for Key Employees using
- Deferred Compensation Plan
- Section 162 Executive Bonus
- Split Dollar Plan
* Supplemental income at retirement for Individuals
* Out-of-pocket costs may be reduced as policy cash values grow
Little Drips Make for Big Waste
Presented by: Alyssa Tkach
Every homeowner can attest to the importance of protecting their home. Although many are aware of the potential destruction of disasters such as fires and storms, there is less knowledge overall about the significance of home water leaks. In fact, according to Bloomberg’s article, “The Hidden Property Danger Lurking in Your Home,” almost half of all property damage losses in 2015 were due to water leaks. 1 in 50 homes have water leaks or frozen pipes each year.
Water leaks, if left unattended, can be very costly, so it is absolutely crucial for homeowners to stop them before they occur. If not, in the long-run one may have to bear additional costs for repair and also hire professionals from a reputable water damage restoration company. CHUBB lists several ways to reduce the risk of water damage in the home:
- If you’re leaving for an extended period of time, ask someone to stay in or check on the home periodically.
- Routinely check the home’s appliances for potential leaks.
- Inspect water supply lines or get it inspected by professionals available at websites similar to https://cityplumbingandrooter.com/sherman-oaks/.
- Turn off the main water supply when you leave for an extended period of time.
- Clear out your home’s gutters regularly.
- Inspect your home’s roof regularly.
- When you are planning to leave, set your flow-based water shut off device to “away.”
- Regularly replace the batteries in your water leak sensor device.
- Always inspect your sump pump, and keep a battery-powered backup.
- Schedule annual maintenance for your backup generator, and routinely ensure that it’s in working order.
Many people tend to install anti-water disaster devices within their home or call in experts to help prevent a water damage. Bloomberg’s article, “The Property Damage You’re Most Likely to Suffer,” lists three main types of devices that homeowners can choose from:
- Device sensors: installed near water-using appliances, these devices are triggered by water near them, and they will sound an alarm.
- Centralized system: attached to the home’s main water line, these devices monitor the amount of water flowing into the home, triggering the main water shut-off valve if necessary.
- Combination system: this system can sense when water is near it as well as control the home’s water shut-off valve.
Sometimes, the water from a particular supplier might contain minerals that can corrode the pipes over time and this might also cause leakage. In such situations, it is advisable to Switch Water Supplier and get pure water. Additionally, sump pumps can be a beneficial addition to any home. They are designed to drain excess water to another point far away from the home, preventing foundation damage.
Homeowners who take the steps to install a device, or simply just inspect their water supply regularly, have a much higher chance of stopping a leak in its tracks. Don’t let water damage your home-be proactive and stay aware!
Links used:
https://www2.chubb.com/_global-assets/documents/chubb_waterdefensetips.pdf
Healthy Smiles All Year Long
O
ral wellness is the foundation for overall health, so regular visits to the dentist for checkups and cleanings are fundamental to making your smile last and preventing tooth decay and gum disease. Even if you don’t have any symptoms, dental exams are important to make sure your teeth and gums stay healthy. And if problems do occur, they’ll be easier to treat.
Current or former smoker? Lost a tooth? Have diabetes?
You could be at higher risk for periodontal (gum) disease, tooth loss, or even mouth cancer. Delta Dental makes it easy to measure your risk with a quick and easy online self-assessment in the Your Oral Health section of www.deltadentalma.com.
Help Your Dentist Help You
- See a dentist regularly. Doing so can help ensure that problems are taken care of before they become more serious and expensive.
- Choose a dentist who belongs to your plan’s network. Switching from a dentist who isn’t in the plan to one who is enrolled will likely save you money.
- Take advantage of any exams, teeth cleanings or X-rays your insurance may cover. Getting regular dental checkups, such as cleanings and exams, will help prevent dental complications or worsening of dental problems such as cavities.
- Become a partner in your dental health. Tell your dentist about yourself and your concerns, and ask questions about caring for your teeth. Make sure you also understand any treatment options your dentist recommends.