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Long-Term Care Insurance: The Missing Retirement Puzzle Piece

Preparing for your retirement years can be a daunting task. Securing your income stream, updating estate planning documents, deciding where to live, and protecting assets you would like to leave to your family are all important actions to complete. In addition to these, a plan on how to handle a long-term care event should be included on this list. It is estimated that 70% of those aged 65 or older will have long-term care needs during their retirement years. No other event can disrupt a retirement plan more than a long-term [...]

2020-05-13T16:54:30+00:00May 13th, 2020|

Special Event Insurance

From marketing events to holiday parties, most businesses host events throughout the year. They can be a great way to connect with your staff and your community. A ton of planning goes into these events and you probably spend weeks on end making sure that every detail is perfect. You spend the entire day before setting up and getting everything ready and then comes the day of the event. What if something goes wrong? What if someone gets hurts and sues your business or external factors force you to cancel at the last [...]

2020-05-11T15:29:53+00:00May 11th, 2020|

Boat Insurance

Picture this. You are spending a sunny afternoon on your boat at the lake with your family. Everyone is enjoying themselves when all of a sudden something goes wrong. You lose control of your boat and smack collide with another boat. It was a pure accident but now both boats have rather large dents and some of your passengers are feeling a bit of pain from the collision. Now what? Well, if you do not have boat insurance this could be an expensive accident. Not only do you need to fix your boat, [...]

2020-05-11T15:08:55+00:00May 11th, 2020|

Pool Safety Tips

Pools can be a great source of fun when warm weather rolls around. They can also bring great risk. According to the Centers for Disease Control and Prevention, for every drowning, there are 11 near-drowning experiences. In addition to this, drowning in private pools is the 2nd leading cause of death in teenagers and children aged 1 to 4 have the highest drowning rates. While supervision is the primary layer of protection when it comes to pool safety, it alone will not keep your swimmers safe. Keep the pool area locked down when [...]

2020-05-04T18:52:05+00:00May 4th, 2020|

Disability Insurance for employees?

When an employee is injured at work, it is likely that workers’ compensation insurance benefits will provide them with a portion of their regular paycheck as well as reimbursement for medical bills and rehabilitation required due to the injury. If one of your employees was injured away from work, what would they do?   Would they be able to survive financially if they became disabled?  According to LifeHappens.org, 70% of working Americans could not make it a month before financial difficulties would set in and 25% would have problems immediately; this is where disability [...]

2020-05-04T18:13:01+00:00May 4th, 2020|

Working Remotely During COVID-19

We at Gannon Associates understand the challenges of our current situation, including the need to focus on mental health and well-being.  We hope this document finds you well and the information from the Center for Workplace Mental Health will help you stay that way! As many of us are finding ourselves working from home as a result of COVID-19, we face new challenges. It is natural in these uncertain times to feel anxious, stressed, and drained. Our daily routines are interrupted, and we may feel isolated from those we interact with in our [...]

2020-04-15T12:56:24+00:00April 15th, 2020|

NY Policy Premium Notice

New York Policyholders, A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations issued by the New York State Department of Financial Services, extend grace periods and give you other rights under certain property/casualty insurance policies if you are an individual or small business and can demonstrate financial hardship as a result of the novel coronavirus pandemic.  These grace periods and rights are currently in effect but are temporary, though they may be extended further.  Please check the Department’s website for updates. If you are [...]

2020-04-07T19:41:17+00:00April 7th, 2020|

Coronavirus Aid, Relief and Economic Stability (CARES) Act

The Coronavirus Aid Relief and Economic Stability (CARES) Act Program was signed into effect on March 27th, the program includes an overwhelming amount of information. As a business owner, we recognize the importance of the Act to you and want to share some of the key points. Background On Friday, March 27th the President signed the Coronavirus Aid, Relief and Economic Stability (CARES) Act, a $2 Trillion stimulus and aid package passed by Congress to offset the economic damage inflicted by the COVID-19 pandemic.  The Act covers individual economic relief such as [...]

2020-04-06T19:31:20+00:00March 31st, 2020|

Life Insurance Concerns During COVID-19

By: Matt Tavani As we all work to adjust our lives and routines to more time at home than we would have ever expected, there are some frequently asked questions regarding life insurance that may be on your mind, too. I have life insurance coverage now. What happens if I can't pay my premiums? Like other lines of insurance business, life insurance companies are working to come up with solutions for late payments above and beyond what's already available. The contract that you already have likely allows for a [...]

2020-03-27T20:09:34+00:00March 27th, 2020|

Coronavirus Response Updates

We will post updates in regards to the Coronavirus Response and how it could affect and/or help our customers as we receive them. Pennsylvania Back to Work Guidelines Governor Wolf announced Pennsylvania’s plans for the "Process to Reopen Pennsylvania" on in April 2020. The process is outlined as a phased approach including, “red”, “yellow” and “green”, with specific criteria for requirements and guidance with each phase. Reopening is projected to begin on May 8th and involve a regional approach for moving through the phases based on data such as the [...]

2020-05-01T18:30:57+00:00March 20th, 2020|