Posts Tagged ‘Beck Insurance Agency’

Ohio Plan 30 Year Founding Member

Tuesday, October 16th, 2018

Beck Insurance Agency was recently honored for being a founding member and agency partner with The Ohio Plan.  The 30 year partnership between Beck Insurance Agency, The Ohio Plan, Hylant Administrative Services, the other agency partners, and most of all the 200+ Ohio Plan Members has far exceeded our expectations.  Conrad Beck was on hand to accept the honor on behalf of Beck Insurance Agency.  Here is to 30 more!

For more information on Beck Insurance Agency, Conrad Beck, The Ohio Plan & The Ohio School Plan or…….please click here.

Conrad can be reached at 419-446-2777, cbeck@beckinsurance.com, or by contacting us here.

Cab Essentials for the Road

Sunday, October 7th, 2018

If you have ever taken your family camping, you know there is a lot to pack. Food, clothing, activities, and so much more. Similarly, truck drivers must understand the items needed on the open road. This knowledge is shared from driver to driver. We then add to this wisdom from our own experiences and personal needs. For example, a long-haul driver operating from coast to coast will need different resources than a local driver who is home most nights. Drivers need to be prepared for delays due to weather, inability to get loaded or unloaded, breakdowns, inspections, fatigue, and even sickness.

Truck Insurance

Here is a short list of items I found necessary to keep in my truck in a regional trucking operation:

1.An emergency preparedness kit. It is sometimes difficult to predict what we will encounter on roadways. As a result, the emergency kit should contain extra batteries, gloves, a flashlight, a sleeping bag, winter clothing when in season, non-perishable foods, extra medication, an extra pair of prescription glasses, a basic tool kit, duct tape, spare bulbs, jumper cables, extra fuses, bottled water, a foldable shovel, window deicer, emergency flares, an extra cell phone charger, and a first-aid kit.

2.Extra money. If your credit card quits working, you lose your wallet, or the store’s power is out, a few hundred dollars tucked away in a safe place can come in handy when you need to spend the night or purchase provisions.

3.Keep your food cold. If your truck is not equipped with a refrigerator, an insulated cooler is important in preserving perishable food items and keeping your drinks cold.

4.How are you cooking? A lot of drivers used to use little propane stoves to prepare meals in their trucks and save money on food costs. My preference is a microwave, which many trucks are now equipped with or have a converter or an APU. A microwave can make a big difference in comfort for a long-haul driver.

5.Another alternative is a slow cooker. Meat, potatoes, and fresh vegetables can be a satisfying end to a long day. A slow cooker allows you to prepare your own healthy food with minimal effort. However, make sure it is secured so it does not cause injury in the event of a sudden stop.

6.Food for truck drivers is no longer one size fits all. Many cultures and tastes influence our food choices. I chose to stock up on items that remained safe at room temperature and could be easily prepared, such as granola bars, bread, peanut butter, jelly, apples, bananas, nut varieties, deli meat, cans of soup, and water—lots and lots of water. There are a lot of healthy choices out there. Google and decide what works best for you.

7.Paper towels and wet wipes were essential items for me. They can be used for maintaining personal cleanliness, as a cleaning cloth in the truck, or as a rag to complete an unexpected repair.

8.Extra clothing. You will need several changes of clothing, depending on the duration of your trip. I found that extra socks, underwear, gloves, and footwear could make life much more comfortable in unexpected events such as weather and breakdowns.

9.Personal hygiene items, including deodorant, toothpaste, a toothbrush, a comb, mouthwash, and floss.

10.Know where you are going. A motor carrier map can prove very helpful in arriving safely to your destination. Understanding your route options and identifying toll roads, inspection stations, and roadway and bridge restrictions can prove invaluable. Personally, I used a trucker’s road atlas first and GPS as a second referral only while driving.

11.Stay warm and pack essentials. If you have ever been really cold and alone, you will identify with why I also kept a small propane heater stowed away. The same holds true for a portable toilet. Whether trapped in a traffic jam or in a remote location, having extra toilet paper and a clean portable toilet can bring a lot of comfort in those emergency situations of life on the road.

When you are stopped, take some pictures to share with family and friends, and remember to take the time to enjoy your trucking experience—appreciate the sunrises and sunsets, the old barns and cattle grazing, and the mountains you encounter along America’s roadways.

Cliff J. on August 15, 2018 in Trucker Focus , Acuity.

Interested in an insurance review and competitive bids on your Trucking Operation?  Call Beck Insurance Agency at 419-446-2777, send an email to joe@beckinsurance.com , or click here.

Conventional long term care insurance is too expensive now.

Thursday, June 14th, 2018

Fortunately, many of our life insurance markets have rolled out unconventional products that provide affordable long term care insurance solutions. One such solution available through Beck Insurance is Lincoln Financial Groups “Money Guard II”.

Planning ahead with Lincoln MoneyGuard® II gives you flexible options beginning at age 40. This universal life insurance with an optional long-term care benefit rider gives you a choice of premium payment options of one through 25* years.

Unlike traditional long-term care insurance, your policy costs are set at issue and will never increase provided your premiums are paid as planned and no loans or withdrawals are taken. Your policy provides benefits, even if you never need care, provided all total planned premiums are paid.

You’ve got benefits:

Benefits if you need care

You get more for your money because your policy provides income tax-free reimbursements for qualified long-term care expenses worth more than your premium payments.1 Once eligible, there’s no deductible or waiting period, which could make a real difference in your total out-of-pocket costs for qualified long-term care expenses.

Return of premium Options

You have options. You may choose to maximize your long-term care benefits. A return of 80% of your paid premiums is available once all total planned premiums are paid.3

Or you can maximize your return of premium — 100% return of premium is available after year five, subject to the vesting schedule below, provided all premiums are paid as planned; additional cost applies.3

Vesting schedule
Year 1: 80%
Year 2: 84%
Year 3: 88%
Year 4: 92%
Year 5: 96%
Year 6+: 100%

Stay in control with added advantages

Take the next step toward your future with Lincoln MoneyGuard® II.
1. Add inflation protection options4 to help keep pace with rising long-term care costs.
2. Feel confident if you live abroad because your policy includes international benefits.
3. Help protect your savings and your legacy.

Call Beck Insurance today at 419-446-2777, or click here for more information on alternative, affordable Long Term Care solutions.

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Don’t make this dangerous Medicare mistake

Thursday, April 26th, 2018

“I hadn’t gone to a doctor in over 40 years! So I didn’t think I needed an insurance plan to supplement Medicare when I reached age 65, since I was very healthy.”

That’s what a neighbor, Mary, recently told my wife and me as she shared an unfortunate story. She had signed up for Medicare at age 65, but she hadn’t bought either a Medigap plan or a Medicare Advantage plan to supplement Medicare, nor had she signed up for a prescription drug plan under Medicare Part D.

But at age 70, in spite of being in excellent health, Mary suffered a stroke. We were all surprised, given that she dances, practices yoga and tai chi, and walks regularly. She’s slim, athletic, doesn’t smoke and eats very healthily. She’s one of the last people we thought would have a stroke, but we’ve since found out that strokes can strike anybody, including people who are otherwise very healthy.

Mary spent about 10 days in a hospital, followed by many days in a skilled nursing facility for rehabilitation. Now she’s facing many thousands of dollars in bills for hospital, doctors, physical therapy and rehab charges because she wasn’t aware of Medicare’s high deductibles and co-payments.

As a result of her experience, Mary is now interested in buying a plan to supplement Medicare. The problem is, insurance companies are allowed to apply medical underwriting for Medigap plans once you’re beyond your initial enrollment period at age 65. That means it’s very likely the insurance companies will either deny her outright because of her preexisting condition — the stroke — or they’ll charge her a higher premium.

She can enroll in a Medicare Advantage plan, but these plans will require her to use the health care providers in their network, instead of the doctors she currently sees.
Here’s how the costs are adding up for Mary for Medicare’s deductibles and co-payments and other items not covered under standard Medicare:

• Medicare Part A applies a $1,340 deductible for each stay in the hospital.
• Medicare Part B applies another $183 deductible for doctor and outpatient services, plus a co-payment of 20 percent of the services of doctors and rehabilitation specialists. These charges are adding up to many thousands of dollars for Mary because her share of 20 percent is a large amount.
• She’s also paying the full freight for drugs she has been prescribed.

If Mary had spent more than 20 days in a skilled nursing facility following her hospital stay, Medicare would have imposed a co-pay of $167.50 for each day after her 20th. Fortunately, she was discharged before the 20-day mark.

The fact is, Mary made a common mistake among retirees who are approaching their Medicare eligibility age: She assumed that because she was healthy at that time, she probably wouldn’t need substantial medical care in the future. This usually turns out to be a short-sighted decision that has unfortunate lifelong implications.

Need a quote?  Click Here.

How many Americans make Mary’s mistake? Let’s try to estimate the number.

According to the American Association for Medicare Supplement Insurance, 13.1 million Americans owned a Medicare Supplemental Insurance plan (Medigap) in 2016 and 18.5 million Americans participated in Medicare Advantage plans, for a total of 31.6 million people buying some form of insurance to supplement Medicare. However, the population of Americans age 65 and older surpassed 50 million in November 2016, according to the website SeniorCare.

Subtracting the number of seniors with some sort of supplement from the total senior population results in an estimate of around 18 million people who might also be making the same mistake that Mary did. The actual number is most likely much smaller, though, because many people might not need a supplemental policy due to other coverage, such as Medicaid, Tricare or from the Veterans Administration. Still, it’s safe to assume that millions of older Americans are making this mistake.

The bottom line: If you’re approaching age 65, investigate a health care policy to supplement Medicare, no matter how healthy you think you are now. If you’re beyond your initial Medicare enrollment period and don’t have supplemental insurance, check out your options — it’s not too late. You might still qualify for a Medigap plan if you don’t have preexisting conditions.

Alternatively, a Medicare Advantage plan might help you. And you can still enroll in a Medicare Part D plan to cover prescription drugs during Medicare’s next open-enrollment period.
If you’re confused or intimidated by these options, find qualified people who can help you.

At some point in your life, you’ll need more than just Medicare. And your health and well being could depend on getting it.

Credit:  Steve Vernon / CBS Money Watch  Source