News & Events

Insurance companies can’t cold call about Medicare supplemental plans.

Question:

At least one or two times a week (since I turned 65 and went on Medicare) I receive promotional material from different health insurance plans available in my area. I have already signed up for a supplemental plan which I am happy with so far. Since I have ignored all the mailings can these companies start calling me directly?

Answer:

Medicare has given permission to private companies to market and sell Medicare Advantage Plans and Part D prescription drug plans but there are very clear guidelines they must follow. Sales representatives are not allowed to call you unless you specifically ask them to do so. Door-to-door “cold calls” are also prohibited. If either of these occur consumers are strongly encouraged to call 1-800-MEDICARE to file a report.

If a Medicare beneficiary chooses to meet with a representative they should understand what to expect during the visit. Upon receiving permission to schedule a meeting the sales representative must document the options you want to learn more about. The individual can provide plan materials, explain how the plan works, give you an enrollment plan, collect a completed enrollment plan if you decide on the option and leave cards for you to pass on to friends and family.

The agent cannot discuss other plan options you have not inquired about, sell you any other products not related to health care (such as life insurance), ask for credit card or banking information, or use pressure tactics to get you to make a decision you are not prepared to do at the time. They also should not ask you to provide names, addresses and phone numbers of family/friends for them to solicit. Following the meeting the plan may contact you only if you chose to join the plan during the meeting with the sales representative.

It is often advisable to have another family member or trusted acquaintance to be present during the meeting. This is one way to assure you all rules will be followed and this person may assist you in asking questions if you are unclear about the information presented.

Source:  Rosanne DiStefano, October 28, 2013, Eagle-Tribune.

 

 

Beware of Medicare Scams!

New Medicare cards are on the way

Changes are coming to your Medicare card. By April 2019, your card will be replaced with one that no longer shows your Social Security number. Instead, your card will have a new Medicare Beneficiary Identifier (MBI) that will be used for billing and for checking your eligibility and claim status. And it will all happen automatically – you won’t have to pay anyone or give anyone information, no matter what someone might tell you.

Having your Social Security number removed from your Medicare card helps fight medical identity theft and protect your medical and financial information. But even with these changes, scammers will still look for ways to take what doesn’t belong to them. Here are some ways to avoid Medicare scams:

  • Is someone calling, claiming to be from Medicare, and asking for your Social Security number or bank information? Hang up. That’s a scam. First, Medicare won’t call you. Second, Medicare will never ask for your Social Security number or bank information.
  • Is someone asking you to pay for your new card? That’s a scam. Your new Medicare card is free.
  • Is someone threatening to cancel your benefits if you don’t give up information or money? Also a scam. New Medicare cards will be mailed out to you automatically. There won’t be any changes to your benefits.
  • For more on the new changes to your Medicare card, visit Centers for Medicare & Medicaid Services. And report scams to the FTC.

**** For local help, contact Bill Beck or Natalie Grieser at Beck Insurance Agency.  877-446-2325

Defiance, Bryan OH Health Insurance

It is needless to say that you seek security in your life. Obviously, you want to live a life surrounded by your loved ones, forgetting all the worries. But, when the thought of financial damage due to some unfortunate incidents crosses your mind, I am sure you lose your peace. In such a situation, when you are thinking of securing all assets of yours and even your life, it is necessary that you get everything insured. And for that, all your need is a health insurance. And one trustworthy name in areas like Archbold, Bryan, Defiance and Montpelier OH, for providing ideal insurance policies for health is Beck Insurance Agency.

Are you wondering, why you should come to us and why we are one of the most reputed ones in the area? Read the following points to know why you should trust us.

Aspects That Makes Beck Insurance Agency the Right Choice for Many

  • Experience: Serving since 1948, we have a glorious period of experience in dealing with various clients. We have witnessed the paradigm shift in the world of finance. And we also know how difficult it can be for anyone to feel secure amongst the threats of financial loss and liabilities. So, our team advises you to take all the required measure to insure your assets.
  • Transparency: It is surely necessary for anyone to hire some firm that will be completely transparent in dealing, especially in the case of financial deals. So, when you are thinking of insuring the assets, you need to find a company that will be transparent enough about your dealings with them. We ensure 100% transparency in our clauses and dealings.
  • Complete Assistance: We totally understand that financial dealings can leave you bewildered. So, it is necessary that you get the complete assistance while opting for insurance. Our team of executives is ready in Napoleon and Waterville OH to assist you.

Call us on our toll-free number 877-446-2325 to get more information. We promise to provide you the best insurance for you and your family’s health.

Defiance, Bryan OH Health Insurance from Beck Insurance is affordable peace of mind. Contact us today for details on Defiance, Bryan OH health insurance.

Defiance OH, Bryan OH Auto Insurance

Are you thinking of getting a new car? Or maybe thinking that a policy will be enough to help you drive without any worries? If yes, then you are mistaken. At Beck Insurance Agency, we meet people who once had ignored having auto insurance and later on, they regretted a lot. If you are wondering, how it will help you or maybe affect your finances, then you need to have a clear idea of what all the insurance covers.

Often, there are many people who suffered from huge losses because they ignored buying auto insurance. When an unfortunate incident, like an accident, happens it not only hurt you physically, but also causes enormous financial burden that can affect you a lot. So, if you are in the areas like Archbold, Bryan, Defiance or Montpelier OH and thinking of getting auto insurance, come to us. We are here to offer to you what you need. Still wondering, do you really need it or not? Then take a look at the following points to get rid of the dilemma.

 3 Major Reasons to opt for Auto Insurance

  • Bodily Injury Liability: If you are behind the wheels and your vehicle is responsible for someone’s bodily injury, then it is obvious that you will be liable financially for this case. Auto insurance covers such grounds and you will get adequate bodily injury coverage for such cases.
  • Uninsured and Underinsured Liability: Though the law is to carry insurance for the cars, but everyone doesn’t seem to follow that. As a result, if you are involved in an accident with another car, which is underinsured or uninsured, it is going to get you in deep trouble. To save yourself from financial debacle, best get auto insurance now.
  • Damage: If you are involved in some accident, where your car becomes responsible for the damage to some other vehicle, then it is necessary that you cover up the damage completely. And its only auto insurance that will completely cover such liability for you.

I am sure that now, when you know how this insurance can have your back when you find yourself entangled in some terrible situations, you will get one for your car. If you are in Napoleon or Waterville OH, get in touch with us by  calling at 877-446-2325 and get all the information.

Defiance OH, Bryan OH Auto Insurance from Beck Insurance is affordable and the quote is free! Contact us today for Defiance OH, Bryan OH auto insurance.

Spring cleaning tips from Beck Insurance Agency

Spring cleaning tips from Beck Insurance Agency

Of course, because spring is a time for new beginnings, cleaning and organization around the house are very popular this time of year. If you’re ready to tackle that monumental chore, read on for some helpful information. (And if you’re so tidy and organized throughout the year that spring cleaning isn’t a big chore for you, well, keep that to yourself! Unless you want your friends and neighbors to be jealous, that is.)

Take it one room at a time. Deciding to clean or organize your entire home can quickly get overwhelming. If you focus on just one area or room, then move to another only when you’re finished, you’ll likely work more efficiently.

Follow the six-month rule. Generally, if you haven’t used something in six months (with the exception of seasonal items), it’s a good idea to consider throwing it away or donating it.

Don’t forget the kitchen. Just like other rooms, your kitchen likely has things that haven’t been used in some time — and this includes food in the refrigerator or freezer. Give those appliances a thorough cleaning and get rid of anything you won’t be eating.

Set yourself up for success. Paper clutter is something we all could probably cut back on pretty easily. Setting up a few recycling bins throughout the house gives you a convenient alternative to just setting that old magazine or paperwork down somewhere and watching the pile grow.

Make some money! Of course, the spring cleaning garage sale is a tradition for many homeowners, and can be a great way to bring in some extra income. Talk about a win-win situation — you get rid of stuff you don’t need, and someone pays you for it!

Stay safe. When you’re cleaning or maintaining your home, be mindful of the physical risks involved. Lift with your leg muscles, not your back. Avoid prolonged repetitive motions. Use ladders, lawnmowers and other dangerous tools with caution.

Contact Us! 

For further questions and assistance, please contact Beck Insurance Agency at 877-446-2325 (BECK) or info@beckinsurance.com.

Insurance Myths, Legends, and Lies…. (#4)

“Insurance is all the same.”

This myth is the hardest of overcome.  Major insurance company advertising campaigns have effectively convinced people that insurance is all about price.  Even insurance agents have contributed to this lie.  My first phone calls as an agent began with, “I’d like to see if I can save you money on your insurance.”

Insurance should be about the protection provided, not the cost – a truism it took me a couple years to learn as an agent.  That is not to say the cost should not be considered, but we must remove the idea from peoples’ minds that insurance is all about price.


We must view a policy not by cost, but in terms of value.  We can ALWAYS BUILD an insurance package at a lower price than what one carries, but you must consider “will it provide all the necessary protection?”.  Of course not.  A poorly designed insurance program (i.e. the cheapest policy) can cause a major loss in the person’s bottom line (the one looked at and depended on the most heavily). 

 

 

Source:  Christopher Boggs, Insurance Journal

 

 

Myths, Legends, and Lies…. (#3)

“Corporate status will protect me from liability; I’ll just declare bankruptcy and shut down.”

Courts can and do pierce the corporate veil in small, closely held corporations.  Not being able to provide legal advice (which is a disclaimer agents should provide), this is not to be construed as legal advice; but agents should not let a statement such as this one go by unchallenged.  Governance and tax considerations should drive the choice of a legal entity-type, not protection against personal liability.  A one or two man corporation can very likely expect to see the veil of corporate protection removed if the injury or damage is severe enough.  This myth is used to avoid purchasing an umbrella or excess policy.  As stated before, don’t risk a lot for a little!

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Source:  Christopher Boggs, Insurance Journal.

 

 

 

Insurance Myths, Legends, and Lies (#2)

“There is no need to purchase liability limits higher than my net worth.”

This is a slightly smarter version of last week’s “lie”, which you can see here.  A person’s net worth is the value of all they own minus all they owe; why should it be the magic number…that’s not all the attorney is going to ask the court to award.  More than one individual with a net worth of $250,000 (for example) has lost a $1 million (or more) negligence suit.  A key rule of risk management is, “don’t risk a lot for a little.”  Umbrella and excess policies are very inexpensive, bordering on cheap, compared to the limits that can be purchased – invest a small amount of money in the large amount of protection.  (Credit again to Christopher J. Boggs, Insurance Journal)

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Interested in learning more about Umbrella coverage and rates?  Call 877-446-BECK (2325), email us at info@beckinsurance.com, or submit your request for a quote here.

See you next week!

Insurance Myths, Legends, and Lies (#1)

As professional insurance agents and perpetual students of the industry we routinely hear a wide variety of commonly held beliefs that often leave us scratching our heads.  The talented Christopher J. Boggs over at the Insurance Journal has put together a list of some of the most common myths, legends, and lies in hopes of dispelling some of this information.

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Here we will try to share and dispel at least one myth each Tuesday, so keep checking back.  Some will be short, some much longer.  Any questions or comments please let us know!  You can call 877-446-BECK, or send us an email at joe@beckinsurance.com.

“If I don’t have anything, they (the plaintiff, lawyers and court) can’t get anything; you can’t get blood out of a turnip.”

Want to bet?  The belief that an at-fault individual cannot be financially harmed because he doesn’t have much is one of the most insidious lies conceived by it’s originator.  Future wages can be attached; possessions can have liens placed against them, etc.  Many states don’t allow the court to take someone’s house in settlement, but the at-fault party will be unable to amass much beyond the house until the debt is satisfied.  A lot of what can be done might be subject to state law, but the pound of flesh will somehow be exacted.

 

Christmas Theft Prevention

The Christmas season is a joyous time for most, especially thieves. Here are just a few easy tips to make you and your family less of an easy target:

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1. When out shopping if you must leave your purchases in your car, lock them in the trunk so they are out of sight.

2. Keep it off social media….if you travel for the holidays, share your travel plans and trip experiences after you return home. It is probably also a good idea to not post the pricey gift you received this year as well.

3. Taking out the garbage….breakdown and bag up boxes and packaging for big ticket items. Thieves roam the neighborhoods looking for the house with the big screen smart TV box out with the garbage….and they always find one.

4. When putting up your outside Christmas lights, remove and put away your ladders when finished with them.

5. This time of year it gets dark much earlier. One of the better theft deterrents has always been good lighting. Installing motion detecting exterior lighting is quick & easy, inexpensive, and effective.

There are many, many other great tips available online but these five are very easy and should significantly reduce your risk of trouble this holiday season.

Stay safe and have a Merry Christmas!
Joe Beck, CIC, VP
Beck Insurance Agency