Blog
Monday, May 15, 2017


 

 

 

 

 

 

 

 

A leading insurance professional organization recently recognized Jennifer Buch, CIC of BCF Group, Lancaster, for dedication and ongoing leadership in the insurance industry. The Society of Certified Insurance Counselors (CIC) honored Mrs. Jennifer Buch for ten years of successfully maintaining the Certified Insurance Counselor (CIC) designation, denoting significant commitment to advanced knowledge and customer service.

“This honor is an acknowledgment of the priority Jennifer Buch places on education and professional growth,” cited the Society’s President, Dr. William T. Hold, CIC, CPCU, CLU. “Customers, associates, and the insurance profession as a whole benefit from such a strong commitment to continuing education.”

The CIC Program is nationally recognized as the premier continuing education program for insurance professionals, with programs offered in all 50 states and Puerto Rico. Headquartered in Austin, Texas, the Society of CIC is a not-for-profit organization and the founding program of The National Alliance for Insurance Education & Research.

Tuesday, April 25, 2017


This is my story, one that illustrates the importance of planning ahead in the event of sudden, unexpected life changes.

Seven years ago my Mom called and asked me to pray for my Stepdad, she thought he had a heart attack and they were on the way to the local hospital. I had to sit down. I had just spoken to him 5 days earlier, not that you can tell by a phone call, but he sounded fine.

My stepdad had a LARGE personality. He owned his own business in a competitive environment. He built it by being smart and shrewd and he was successful. He worked hard serving tourist clientele from Memorial Day through Columbus and made his mark in the small place I grew up.

After my Mom and I spoke, they prepared my Stepdad to take a life flight to Massachusetts General Hospital where he would undergo open heart surgery to repair whatever was going on in his chest. Of course, I was miles away in Pennsylvania where I have spent all of my adult life. I felt helpless. My Mom was also several hours away and traveled to the hospital.

For the next hour or so, I spent my time calling my Sister, who is a nurse and could tell me what to expect, then my Mom, to see if there were any updates, and my Brother, who was on his way to Mass General and would arrive about an hour before my Mom.

The mood shifted when my Brother called me after he had arrived at the hospital. He had just come from the room where they had my Stepdad, the room where they were prepping him for surgery, the room where he went into cardiac arrest for his final time. “He’s gone” my brother uttered. An aortic aneurysm at age 66. I fell to the floor.

A blur followed for weeks. My heart still hurts when I think about how my children won’t remember him and all he had to offer to life. Don left a hole in our lives that was LARGE, just like him. Although this was 7 years ago, as I type the tears come back like it was this past Saturday. And we survive with a gap that just can’t be filled.

He did not have any plans to die like most of us of course, but this shrewd businessman literally had no continuing arrangement for his business, his family, my Mom. I refuse to be angry about it, I loved that man and won’t let this be my memory of him, but I have certainly seen the financial effects on my Mom.

What about you? Do you have plans in place for your spouse, your children, and your business? If you do, is it updated to your lifestyle and natural change in your life? My story is not meant to be exploitive or to seek business (I do work for an insurance agency right?). It’s meant for you to consider the horror of sudden changes in your life, a disability, accident, a death that you really don’t want to talk about but must. When life changes in an instant, or sometimes slowly over time, the last thing you want for your loved ones is for them to worry about is how everything will work when you’re disabled or gone.

It’s something for you to consider and plan. We are here for you.

Heather Groff
heatherg@bcfgroup.net 

Thursday, April 13, 2017

 

A leading insurance professional organization recently recognized Trent Hess, CIC of BCF Group, Lancaster, for dedication and ongoing leadership in the insurance industry. The Society of Certified Insurance Counselors (CIC) honored Mr. Trent Hess for six years of successfully maintaining the Certified Insurance Counselor (CIC) designation, denoting significant commitment to advanced knowledge and customer service.

“This honor is an acknowledgment of the priority Trent Hess places on education and professional growth,” cited the Society’s President, Dr. William T. Hold, CIC, CPCU, CLU. “Customers, associates, and the insurance profession as a whole benefit from such a strong commitment to continuing education.”

The CIC Program is nationally recognized as the premier continuing education program for insurance professionals, with programs offered in all 50 states and Puerto Rico. Headquartered in Austin, Texas, the Society of CIC is a not-for-profit organization and the founding program of The National Alliance for Insurance Education & Research.

Connect with Trent on LinkedIn: https://www.linkedin.com/in/trenthess/

 

SOCIETY OF CERTIFIED INSURANCE COUNSELORS

A Member of The National Alliance for Insurance Education & Research
P.O. Box 27027 Austin, Texas 78755-2027 800-633-2165 Fax 512-349-6194 alliance@scic.com
www.TheNationalAlliance.com

 

 

Monday, February 27, 2017

 

 

 

 

 

 

 

 

 

Hey baseball fans! Want up to SIX free tickets to the Lancaster Barnstormers season home opener? It’s easy!

Just click here to email us with the words "Barnstormers Tickets" in the subject line.

 

We’ll draw one name at random each business day through April 21, 2017, and will email the winners with the good news. Each winner will receive:

  • Up to six general admission tickets to the Barnstormers’ season home opener on Friday, April 28, 2017!
  • In addition to the game against the 2016 Atlantic League Champions Sugarland Skeeters, the winners will enjoy a concert by an awesome Beatles cover band
  • Plus, there is a free t-shirt giveaway to the first 1500 attendees
  • Plus, an incredible fireworks show after the game!

No purchase necessary. Only one winner per family. Giveaway ends April 21, 2017. Don’t worry – we will never share or rent your information.

Take a moment to share this with your network by clicking the social media icons below. GOOD LUCK!

Tuesday, February 21, 2017

Is my Umbrella Limit Enough?

This is a question that we get asked fairly regularly, but unfortunately it doesn’t have an easy answer. If you aren’t aware, an Umbrella policy is an insurance policy that provides an additional layer of Liability protection over your existing Personal or Business Insurance policies. This article is geared towards the business community, but the same concepts certainly apply to your Personal Umbrella as well.
First of all, we can never know how much is “enough.” You can purchase a $10 million Umbrella, but if one of your business vehicles causes a catastrophic vehicle accident we don’t know if this would be enough. The decision comes down to your personal risk tolerance, and which premium amount fits into your budget. What we can do is provide a few rules of thumb that can help to guide you:

 1.) How severe are the risks that your business face? Keep in mind that we are thinking of liability risks, not employee injuries. Employee injuries are paid by your Workers Comp carrier. For many businesses, the most significant risks come from their fleet, especially when heavy trucks or tractors are involved. We all know that it takes just a split-second for an accident with life changing consequences to occur. After vehicles, the next consideration is the Bodily Injury or Property Damage that could be caused by your product, operations or services. Could your product cause someone to die? Could your operations spark a fire that might destroy a costly structure? As unpleasant as it is, you need to consider the worst-case scenarios.


 2.) What assets does your business have? In general, the more physical assets you have, the higher your Umbrella limit should be. This can include real estate, vehicles, equipment, inventory, etc.


 3.) What is the premium for higher Umbrella limits? Sometimes the incremental cost for greater limits simply isn’t much. If another $1 million of protection is only $500, it may be foolish not to increase even if your business isn’t high-risk. The reverse can be true as well. The incremental cost for more protection on a high-risk business may be tough to justify.


 4.) When were your limits last increased? As simple as it is, this can be a reasonable consideration. When you first purchased a $1 million Umbrella 10 years ago it was probably an adequate limit, but as your business grows, inflation happens, and lawsuit values increase it may no longer be sufficient.


Ultimately the Umbrella limit is up to you. Our role is to give you unbiased guidance and help you make a reasonable decision that makes sense for your business.

Questions? Contact:  Trenth@bcfgroup.net