The Benefits of Disability Insurance

You may have already purchased condo insurance, New York car insurance, and renters insurance coverage, but have you ever considered disability insurance for either your business or your own personal health? We all believe that our bodies are invincible, but the day may come where you find yourself in a bad accident and can no longer earn an income from work. Being a business owner, you may lose an important employee to an accident, in turn losing a large percentage of income for your company.

Disability insurance will financially protect you from any of these unfortunate scenarios. If you work a dangerous job such as a construction worker, zoo keeper, lion tamer, or stunt double, your life may be at risk every day. You may already have a form of life insurance, but disability insurance will allow you the proper amount of time to recover from any unforeseen accidents, as well as provide financial income.

If you own the zoo, construction service, or are financing any stunt doubles, disability insurance can keep you from paying disability costs out of your own pocket. Your insurance company will cover any disability welfare that your employees may occur from a dangerous accident.

If you’re searching for a disability insurance plan that fits your current situation, check out some of the affordable options available on our website!

Insurance Terms 101

new york renters insurance

New York City life is crazy enough as it is, without confusion when it comes to New York renters insurance. The insurance lexicon is vast and can prove overwhelming for those unfamiliar with its various terms, clauses and definitions. That’s why we’ve gathered together all the essential information you need to know in order to make informed decisions when considering policies, premiums and everything in between.

If you’re looking for an introduction to the topic of insurance, make sure you pore over our Insurance FAQ, which provides extensive information on everything from condo insurance to auto insurance. On the other hand, if you’re generally au fait with insurance but searching for an explanation of a particular term, our Insurance and Homebuyers Glossaries are the only resources you’ll need.

Here are some of the top insurance terms you may have heard, but may not quite fully understand:

Indemnity: Benefits of a predetermined amount paid for a loss.

Consideration Clause: Stipulation that states the basis on which an insurer issues an insurance contract.

Utmost Good Faith: The Insured and the Insurer are bound by a good faith of honesty and fairness; all material facts must be disclosed.

Mitigation: In the case of any loss or casualty, the asset owner must attempt to keep loss to a minimum, as if the asset was not insured.

Co-Op Insurance: What You Need to Know

When buying a co-op apartment there is a lot of information to consider before committing to a decision. As a co-op owner, you share the walls, hallways, basement, roof, elevator and walkways. You may also share common services such as lawn mowing, garbage collection, and snowplowing. What gets tricky, however, is the insurance.

A co-op association will have a master policy for the co-op complex, covering the common areas mentioned earlier. In an earlier post, we provided questions to help determine which master policy your co-op association possesses, and what kind of co-op insurance coverage you will need. Your co-op association will have one of three types of master policies:

  • Bare walls: This policy covers the structure, fixtures, and furnishings shared or common areas within the condominium complex.
  • Single entity: This policy covers everything within the bare walls policy, along with certain fixtures inside condo units (e.g., carpeting, cabinets, appliances).
  • All inclusive: This policy is the most extensive as it covers everything in the condo except for personal property the owner brings into the unit (e.g., clothes, bicycles, artwork).

Knowing the master policy of your co-op association is only the first step in making a fully informed decision about the co-op insurance policy you choose. Luckily we can help you determine what kind of coverage, and how much insurance you will need to feel secure at your co-op. Contact us for more information on all your insurance questions, from co-op insurance to New York renter’s insurance. We got you covered.

Buying from Kenneth Bieber: Travelers!

https://www.agencyinfo.net/__ivwp/companies/A customer might come to the Kenneth Bieber website and be a little bewildered by the range of our products–we offer co-op insurance, renters insurance, and New York car insurance, just to name a few. Kenneth Bieber will not only be the go-between for our customers and the insurance provider, we offer many useful online tools and convenient information that can help a customer make the best choice of insurance. The reason why we are able to offer these products at a suitable rate and arrangement for our customers is simple: we work with some of the best insurance providers in the country, like The Travelers Companies.

Travelers was founded in 1864 in Hartford Connecticut. Like the name says, the company was initially formed to provide travel insurance. Over its long history, Travelers created many industry firsts, such as the first automobile insurance, the first airline policy, and the first space travel insurance. Today, Travelers is an international company with headquarters right here in New York City, covering personal, business and financial sectors handily under its umbrella logo.

In addition to providing peace of mind through many insurance products, Travelers also maintains a philanthropic arm, the Travelers Foundation, mainly in support of developing public education reform, promoting academic success, and representing underrepresented youths in its hometown of Hartford, Connecticut.

Car Insurance in New York

If you’re going to drive in New York City, get ready to fork over the big bucks. There’s no way around it. Unless you register the car in another state, you’ll be paying higher premiums than almost anywhere else in the country. And from the insurance companies’ stance there is good reason for that. New York’s chaotic streets lead to lots of accidents. But despite the deterrents, for getting around the boroughs, many people will be best served by a car.  Here are a few things you need to know before hitting the road in NYC.

  • Everyone has to carry liability insurance. The amount that must be carried is substantial. Check with your insurance provider about minimum coverage and rates.
  • Pickup trucks and some other work vehicles can’t be registered at cheaper car rates. Because so many people use pickups and vans for work in the city, they are more susceptible to damage than a normal private vehicle.
  • New York car insurance must be provided by an in state company or an out of state company with a license to offer insurance in New York. This goes for the entire state and can’t really be worked around.
So now that you know the basics, its time to get out there in your subcompact and enjoy the gridlock!

Welcome to the Kenneth Bieber Insurance Blog

Whether you’re an individual, a family, or a company you need protection when things go awry. That is why you depend on insurance. You deserve the absolute best coverage and personal service, regardless of the type you seek. So many people go without insurance every day and that means they’re vulnerable financially. With insurance you know your bases are covered in case emergencies or other unforeseen circumstances occur.

Kenneth Bieber Inc. has been providing world class protection since 1962. A leader in providing quality auto, home, health, business, and life insurance, you are guaranteed to be covered today and in your future with incomparable dedication. By evaluating your specific needs you will be directed to the appropriate companies represented by Kenneth Bieber, Inc. You will never have to worry about New York car insurance or condo insurance again. Nor any other kind you may need.

And this blog is dedicated to providing you with information to help you make informed decisions. By checking here regularly you will get up-to-date news on insurance and related topics. Why go scouring the internet for questionable material when you can find it all in one hub. Here you will only be getting high quality content intended to help you.