prop7335 October 16, 2015 No Comments

Baby Boomers and Retirement

Baby Boomers – Are you ready for retirement?

Baby boomers, those born between 1946 and 1964, are facing retirement. If you are a baby boomer, the big question, is will you be ready? Gulf Coast Educators Insurance has experienced and knowledgeable financial services agents on staff that can guide a baby boomer through the various retirement planning options.

It is never too late to start planning for retirement. Many baby boomers are working past retirement age in the hopes of adding more income to their savings plan. Other baby boomers have no savings and are relying on social security or pension plans. While other boomers want to save but are confused by the myriad of options available to them.

Currently, baby boomers are re-shaping the way to plan for retirement. Baby boomers are living longer and need more money to live on. Pensions are being replaced or eliminated altogether. Baby boomers need to manage their nest eggs now and throughout their retirement. Gulf Coast Educators Insurance offers financial services to help with retirement and savings. There are various financial saving options available such as:

• Annuities
• IRA’s
• 403 (b) Plans
• 457 (b) Plans
• Simple IRA’s
• SEP IRA’s

The financial service agents at Gulf Coast Educators Insurance are available to discuss all of these options. Each option has different saving options and benefits. Any of our agents at our three southwest Florida locations can help explain these options. To contact an agent at our Naples office, please call 239-591-0963. To speak with an agent at our Port Charlotte office, please call 941-391-5423. For an agent at the Fort Myers location, please call 239-997-0420.

Gulf Coast Educators Insurance wants to make sure that you have the necessary knowledge and planning for a healthy retirement plan. Please call one of our agents today to get started saving!

prop7335 October 7, 2015 No Comments

Life Insurance and Baby Boomers

How Healthy Is Your Life Insurance?

If you’re a Baby Boomer when was the last time you reviewed your life insurance policy?

Baby boomers are those that were born between 1946 and 1964. Currently, approximately 20% of the United States are a member of the baby boomer generation. Baby boomers are living longer and staying in the work force longer then generations before them. Gulf Coast Educators Insurance recommends that baby boomers take a look at their life insurance policy and see if it still meets their needs.

Life insurance is important to have since it can help lift a financial burden off of family members when a person dies. Baby boomers have usually accumulated a home, money, jewelry, stocks/bonds, real estate, artwork or real estate that will be passed down to family or friends. If there is a great deal of wealth then family members could face an estate tax and/or inheritance tax. A life insurance policy can help family members pay those taxes.

Baby boomers might also have debt that will be passed down to family members. A life insurance policy can ease the financial burden of debt. Credit card bills, car payments, and funeral costs will all need to be paid after a person’s death. A life insurance policy provides funding to cover these expenses.

Gulf Coast Educators Insurance offers an array of life insurance products. There are many different options of life insurance available including:

•Term insurance
•Whole life insurance
•Universal life insurance

Life insurance needs might change. A life insurance review is recommended by Gulf Coast Educators Insurance to see if your current policy is still meeting your needs. We have three southwest Florida insurance office locations available to help with your life insurance needs. To speak with an insurance agent at our Naples office, please call 239-591-0963. For an appointment with an agent at our Port Charlotte office, please call 941-391-5423. To reach an agent at the Fort Myers office, call 239-997-0420. Our experienced insurance agents are available at all three of our locations to help you decide which type of life insurance products best fits your needs. Please give us a call today!

prop7335 September 23, 2015 No Comments

Looking For The Best Life Insurance?

Affordable Policies In Naples, Port Charlotte and Ft. Myers

Which To Choose?

Term life or whole life insurance?

A life insurance policy offers protection for family members or a spouse as well as being able to provide financial coverage for funeral costs, cover bills, and pay off debt. Gulf Coast Educators Insurance offers a variety of life insurance products. The two most common policies are term life insurance and whole life insurance.

More about Term and Whole Insurance:

Term life insurance is a policy that covers a person for an allotted time period. The rate of payment is fixed for the term of the policy. After the policy expires, then a person loses coverage or has to obtain a new life insurance policy that will have different payments and conditions. Term insurance is the most affordable type of life insurance because it only lasts for a fixed period of time. If the person insured dies during the policy term then the beneficiary receives the death benefits.

Whole life insurance is a insurance policy that remains in force during the insured’s entire life. This policy offers lifetime protection. Premiums are required every year during the insured’s lifetime. A whole insurance policy doesn’t have to be expensive.

Life insurance can help a family pay off debt, keep the family in the black, and pay for funeral costs. Gulf Coast Educators Insurance suggests having a life insurance policy to ease financial burdens that can occur due to an untimely death. Even single people should consider carrying a policy so in the event of their death, their family can use the life insurance payout to cover funeral costs, medical bills, and pay off the insured’s debt obligations.

The best time to purchase life insurance is when you are young and healthy so you will pay a lower rate. Purchasing life insurance at any age is a good idea so don’t feel because you didn’t buy a policy earlier you should not consider it now. At any age we recommend considering life insurance. Our caring and compassionate agents at Gulf Coast Educators Insurance are available to guide you through the various life insurance policy choices and customize a policy to your needs. Please call any of our three life insurance offices to speak with our experienced agents. To contact our Naples office, please call 239-591-0963. To speak with an agent at our Port Charlotte office, please call 941-391-5423. Our Fort Myers insurance agents can be reached at 239-997-0420. We invite you to call today!

College kids Living on their own?

Renters Insurance gives you peace of mind

Do you have a college age student that has moved into his or her own apartment? Do you know that most landlord’s insurance doesn’t cover the personal belongings of your college age student if something happens such as a burglary? Gulf Coast Educators Insurance offers a renter insurance policy to help protect your college age student.

A renters insurance policy is an affordable way to have peace of mind. A renters insurance policy helps protect belongings such as furniture, clothing, televisions, computers, and jewelry that our commonly in an apartment. A policy can also include liability coverage which could come in handy if someone is injured in the apartment. Events covered by the policy vary but could include:

• Theft
• Lightning
• Fire or smoke damage
• Accidental water damage
• High winds or hail

Approximately 33% of people currently have a renters insurance policy. Common reasons that we hear for not carrying renters insurance include: it is too expensive, it isn’t needed, or it’s not important. Gulf Coast Educators Insurance wants you to know that renters insurance is a very affordable option. It is an important insurance to have in case of a catastrophe.

Could you afford to replace the contents of an apartment? Renters insurance is needed in the event of an emergency. We hope that you never have to deal with a fire, theft, or other catastrophe at your apartment, however, isn’t it better to have insurance coverage than to be wondering how you are going to live and how you are going to pay to replace the contents of your apartment.

Gulf Coast Educators Insurance is affordable and most policies cost less than a dollar a day. For a rental insurance quote, please contact any of our three Southwest Florida locations. To reach our agents at the Naples office, please call 239-591-0963. Our Port Charlotte agents can be reached at 941-391-5423. To speak with an agent at our Fort Myers office, please call 239-997-0420. We look forward to helping you with all of your renters insurance needs. Please call us today!

Florida Retirement Plans

What’s Your Investment Plan Preference?

A 402(b) or a 457(b) Retirement Plan?

Gulf Coast Educators Insurance offers many financial products to help educators invest in their future retirement. We have experienced and knowledgeable insurance agents available to explain all of the ins and outs of each of the different types of financial services that we offer. A sample of the investment plans available for educators include the 403b investment plan and the 457(b) investment plan.

The 403b investment plan is a retirement plan for public school employees, tax-exempt organizations, and ministers. There are different types of 403b plans available. They include:

•An annuity contract provided by the insurance company
•A custodial account
•A retirement account income

An employee’s payment to the plan are made before income tax is paid. The money is taxed as income when it is withdrawn from the plan. Another benefit from this plan is tax deferred earnings on plan contributions and the ability to take loans from a 403b account. To see if a 403b investment plan might be right for you, please contact one of our three Southwest, FL locations: Naples, Port Charlotte, or Fort Myers. To reach the Naples office, please call 239-591-0963. To speak with an agent at the Port Charlotte office, please call 941-391-5423and for our Fort Myers office, call 239-997-0420.

With a 457(b) plan, you select a portion of your income to be put into a tax-deferred savings plan. This plan has a pre-set selection of investment choices but you decide where you want to invest your contribution based on the options provided. There are advantages to this investment plan such as:
•Your contributions and earnings are tax deferred
•Your money has the opportunity to grow because of time and compounding
•You can make an emergency withdrawal as long as you meet the criteria
•Your account is protected by law from anyone taking control of your assets including your employer provided you have certain exemptions
•You may be able to take a tax credit for elective deferrals

Gulf Coast Educators Insurance has retirement planning specialists available to answer any questions you may have about the array of financial products that we offer. Please call any of our three offices at the above numbers to schedule an appointment to discuss your investment plan options. We look forward to helping you get on the path to securing your financial future. Please call us today!

New School Year Means Fresh Look At Your Retirement

How Healthy Is Your Retirement?

School is back in swing and a fresh new school year is starting. This is the perfect time to review your savings plan for retirement and make sure that you are on track. If you don’t have a retirement savings plan, then Gulf Coast Educators Insurance wants you to be aware of the options that we offer. Our insurance experts are here to help guide you towards the best option for your retirement and savings.

At Gulf Coast Educators Insurance, we offer the option of investing in annuities. An annuity is a form of investment that provides payments to an individual once the annuity has matured. Annuities have two options: fixed annuities and indexed annuities.

A fixed annuity guarantees that you make a stated rate of interest on your investment. This annuity is not tied to the stock market and is guaranteed. It is a risk free type of investment since your investment will not fluctuate due to the stock market. With a fixed annuity, you can opt for an immediate or a deferred annuity. With a fixed annuity, you can usually withdraw up to 10% yearly without having to pay an early withdrawal penalty. To learn more about a fixed annuity, contact one of our knowledgeable and experienced insurance agents at any of our three southwest Florida locations: Naples, Port Charlotte, or Fort Myers. The Naples office can be reached at 239-591-0963. To reach our Port Charlotte office, please call 941-391-5423. To speak with an agent in our Fort Myers office, please call 239-997-0420.

An indexed annuity offers a return on your investment based on a specified equity-based index. The stock index will vary over time so there is a limited risk with this investment though it could end up being in your favor. To learn more about this type of annuity, please call one of our agents at the numbers above.

An IRA, individual retirement account, is another option for investing in your future. A Roth IRA lets you withdraw you money tax free. You pay the taxes prior to putting your money into a Roth IRA. There is a limit on the amount of money you can put in your Roth IRA every year. This IRA option also allows you to leave your money in your account for as long as you like. This plan offers more options than a traditional IRA. For all of the details about a Roth IRA, please set up an appointment with one of our insurance agents.

Gulf Coast Educators Insurance offers an array of financial products to help you save for your retirement. Please give us a call at any of our three offices to set up an appointment to review all of your retirement savings plan options. We look forward to helping you get and keep on track for a financially healthy retirement. Please call us today!

Affordable RV Insurance

Gulf Coast Educators Insurance offers insurance policies for a variety of RV enthusiasts! We offer coverage for campers, travel trailers and motor-homes. We are happy to insure Class A and Class B motor homes as well as Class C units. There are many things to consider when purchasing your RV policy.

A sample of the questions that we are frequently asked at Gulf Coast Educators Insurance include:
•How much does RV insurance cost?
•What type of insurance do I need for a motor home?
•Does RV insurance cost more for a Class A or a Class B motor home?
•Is a travel trailer less expensive to insure than a motor home?

Another consideration is whether you are using your RV as your home or purely for recreational purposes. Do you need homeowners insurance instead of RV insurance? We encourage you to call our office to understand what type of RV insurance will meet your needs and offer the maximum protection.

An insurance policy that covers your recreational vehicle provides peace of mind in case of damage, fire, theft, or an accident. Damage can occur while traveling, while camping, or even while your rig is parked at your home. Don’t leave it to chance, get your travel trailer, RV, camper, or motor home insured!

Gulf Coast Educators Insurance, a Horace Mann Company, offers competitive rates for your rig. We offer a free insurance quote. To discover how much you could be saving, please contact any of our three convenient Southwest Florida locations. To learn more about RV insurance or obtain a free quote, call our Naples office at 239-591-0963. To reach our Port Charlotte office, please call 941-391-5423. To find out how much you could be saving on RV insurance, contact our Fort Myers office at 239-997-0420.

Our knowledgeable and experienced RV insurance agents are available Monday through Friday. They are happy to answer any questions that you may have about RV insurance and its coverage. Please give us a call today for your free RV insurance quote.

New Carriers

Naples, Florida Insurance Agency Adds New Carriers

Gulf Coast Educators Insurance offers a vast array of insurance and financial services for residents in Naples, Port Charlotte and Ft. Myers. We are locally owned and operated. Our offices have experienced agents that offer affordable, quality insurance and financial service products.

To enhance our services, Gulf Coast Educators Insurance has added three additional carriers to our line: Epic, Edison, and Chubb. These three carriers all have high ratings for service and quality. We chose them to offer a quality product at a competitive rate for our customers. A partnership with these companies helps to insure that our customers have a variety of options when choosing their insurance.

Gulf Coast Educators Insurance works hand and hand with our clients to create a customized homeowners insurance policy that works for them. Each client has different needs and wants. Our qualified insurance agents are available to review an existing policy or create a new policy to meet a client’s needs.

Gulf Coast Educators Insurance offers homeowners insurance for those that own a home, condominium, town house, or rent an apartment. We highly recommend that everyone carry a homeowner’s policy to protect their home and belongings. Renters insurance is important since it protects a renter in the event their apartment is damaged or their belongings are stolen.

Please contact us at one of our three locations: Naples, Port Charlotte, or Fort Myers to schedule an appointment for a homeowner’s insurance review or policy. To make an appointment with our Naples office, please call 239-591-0963. To reach an insurance agent at our Port Charlotte office, please call 941-391-5423 or to schedule an appointment with our Fort Myers office, please call 239-997-0420. We are happy to help you find the best home or property insurance coverage for your needs. Please give us a call today!

July 4th Home Protection

Happy Independence Day!

Many families choose to spend the holiday away on vacation visiting family, going to the beach, or having fun at a theme park. Gulf Coast Educators Insurance offers tips on keeping your home safe while you are away on holiday. A few ideas to keep your home secure are:
•Lock all your doors and windows
•Think like a thief. Walk around your home and see if there are any weak spots such as greenery that blocks windows and doors, are expensive items visible through the windows, is there a ladder out providing easy access to the second floor? All of these things can be fixed before your trip
•Have motion lights on all doors and timers on lights in your home
•Lock your shed
•Lock your car and remove the garage door opener from it so that a thief can’t get into your car and have easy access to your home
•Have a neighbor or friend pick up your mail and newspapers
•Have a friend or neighbor check on your home
•If you have an alarm, use it!
•Remove your spare key, you won’t need it while you are gone and you don’t want a thief to find it
•Don’t broadcast on social media that you are going away on vacation. Also, don’t post your pictures until you are back home
•Have a neighbor keep an eye on your home during the 4th to make sure that no stray fireworks land on your property and cause damage to your home

Gulf Coast Educators Insurance is happy to review your insurance policy for you to make sure that you are covered fully in the event of a theft or damage to your home due to fire. We are the leading agency for insurance and financial services in Southwest Florida! Gulf Coast Educators Insurance offers three convenient locations: Naples, Port Charlotte, and Fort Myers. To schedule an insurance review with our Naples office, please call 239-591-0963. To speak with an insurance agent at our Port Charlotte office, please call 941-391-5423. To reach our Fort Myers office, please call 239-997-0420.

Gulf Coast Educators offers homeowners insurance policies to homeowners, renters, and those living in condominiums and townhouses. We also offer flood insurance. For more information, please call one of our three locations. We look forward to helping you!

Auto Insurance, Drinking, Driving

Drinking and Driving Can Affect Your Auto Insurance Rates

With the July 4th holiday just around the corner the insurance agents at Gulf Coast Educators Insurance caution drivers to celebrate smart over July 4th. Your auto insurance policy can take a terrible hit if you get are cause an accident because you were under the influence of alcohol while driving.

Drunk drivers can cause accidents that can cost others their lives but the drunk driver can lose their driver’s license, gain points on their license and see a significant increase in their auto insurance rate. Insurance carriers can look at a driver who has been pulled over for drunk driving as a high risk and therefore may increase what you are paying for auto insurance.

On the flip side if you have had too many car accidents (whether you’re drunk or not) you may not be able to get car insurance. Wreck-less driving, driving while intoxicated, speeding, running stop signs and traffic lights can all be costly mistakes when it comes to your car insurance policy.

The auto insurance agents at Gulf Coast Educators Insurance encourage all drivers to be safe, stay alert, don’t text and do not get behind the wheel of your car if you have been excessively drinking. If you would like a competitive auto insurance quote we encourage you to call any of our Southwest Florida car insurance offices. We offer the best in auto insurance! We have offices in Naples, Port Charlotte and Ft. Myers, Florida. Contact us today for your free quote!