June 28th is National Insurance Awareness Day! The observance was created to be a day to review your insurance coverages and to learn more about the different types of policies that are available.
Here are some things to consider on National Insurance Awareness Day (and every day!)
- How has your family changed? Has it grown, or have you had family members moved away? Do you have pets?
- Are you planning on buying a new home?
- Evaluate your current possessions – do you have valuables that do not have coverages placed on them?
- Do you need flood insurance?
- Do you have big changes coming up in the future that will influence the amount of coverage that you need?
For those with commercial policies, here are a few courses of action you can take to observe National Insurance Awareness Day:
- Remind your employees of safe workplace practices
- While workers’ compensation insurance is designed to protect your business and your employees, avoiding injuries is ideal. Consider setting time aside to remind your employees about workplace safety, whether it be scheduling a meeting or sending out an email that reviews safety policies.
- Ensure that your company’s data is protected
- While there is no way to guarantee your business will not experience a breach, the best way to mitigate the cost of a breach is to be prepared. Make sure everyone knows their role in preventing and responding to a breach and get a plan of action into place. Cyber liability insurance can also help provide peace of mind that your business and its assets will be protected!
Our final recommendation is to talk with your insurance agent! Set up a time where you can talk with your account manager and review your policies to help make sure your insurance coverage is exactly what you need, whether it be for you and your family or for your business. An in-depth review can help uncover any gaps in your current coverages or help ensure that you have adequate coverage limits. Feel free to reach out to your account manager to request a review of all your policies!