Benefits of Auto Pay for Your Insurance Premiums

Posted on March 17, 2020August 20, 2024 by McGriff Williams in Auto Insurance, Blog, Disability Insurance, Health Insurance, Home Insurance, Life Insurance, McGriff-Williams News |

We currently happen to be in a time of uncertainty with some businesses temporarily closing or being short staffed due to Covid-19 social distancing recommendations. One of the concerns that has developed is people still being able to pay their bills, such as insurance premiums.

Thankfully, most insurance carriers accept payment either online or via an automated phone system but Auto Pay could alleviate any worry or doubt you might have about these payments being processed correctly and on time. There are several benefits to Auto Pay, depending on what type of policy it is.

– When it comes to life or disability insurance, a lapse without timely reinstatement could mean that you will now require an underwriting review, sometimes involving medical evidence or you could even have to secure new coverage at your current, older age and possibly lesser health.

– For a health insurance policy that cancels due to late or non-payment, it cannot be reinstated at all and you would be left without coverage until the next open enrollment period for the following year. Scary, right?!

– For auto or home insurance, it would depend on the company if they were willing to reinstate or rewrite the coverage. The biggest risk here is that something detrimental and very expensive could happen in that lapse period where you would have no coverage at all.

Auto Pay is convenient, yes. It saves paper and printing costs, yes. It’s peace of mind and one less thing to worry about, yes. But it’s also imperative for maintaining some pretty important coverage. This is coverage that you may not be able to get back if you elect to receive a paper bill that gets lost or doesn’t get paid. An Added bonus is cost savings as well you can almost always save on installment fees by going this route.

If you’re able to arrange Auto Pay either through EFT (electronic funds transfer from a checking account), recurring credit card, online bill pay with your bank, or whatever options there are it’s definitely the safest way to ensure that your coverage will not be interrupted or affected.

If you have questions about a specific policy or company that we work with, please let us know anytime at info@mcgriffwilliams.com or (352) 371-7977.

“Run Your Day The Intentional Way”

Posted on February 25, 2020August 20, 2024 by McGriff Williams in Human Resources, Insurance, McGriff-Williams News |

THEME. By definition, it is the subject of a talk, a piece of writing, a person’s thoughts, or an exhibition; a topic. In our situation, it’s what we want as our personal and professional priority for this year. It’s our compass. It’s what we want every decision to be guided by and a focus that everyone on our team keeps at the forefront of their minds at all times.

INTENTIONAL. By definition, it is done on purpose; deliberate. It takes thought, effort, and strategy. It means you are purposeful in every word and action. It takes engagement and belief in both the process and the end result.

We, as a company, were challenged to come up with a theme for 2020. We’re making some changes and shifting some things we do as an organization and wanted this theme to kick off some really exciting things for our future as a company. So, we tapped into the best resource of all our people. We involved everyone on our team to participate and contribute ideas to get to our theme. We talked a lot about focusing on the core values our company has always lived by. We want to make them a top priority and shift our minds back to what’s truly important, rather than just getting caught up in a busy routine and going through the motions day in and day out. We discussed how if you don’t run your day, your day will run you. So drumroll we are proud to reveal our 2020 theme: RUN YOUR DAY THE INTENTIONAL WAY.

Intentionality can be accomplished in many ways. Here is how we are striving to be intentional rather than accidental:

– The way we show appreciation to our staff and foster our culture
– How we treat our clients and the guidance we provide them
– Taking a holistic approach to their individual situation and exposure
– Getting creative with solutions to problems some may not even know exist
– Who we partner and do business with

Running your day the intentional way starts with the second your eyes open in the morning (side note: it helps to have coffee) and your feet hit the floor. Your attitude and intentions can set the tone for the rest of the day, week, month, and year. We plan to give everything we’ve got to stick to our goals and support eachother throughout this year to really do things on purpose with purpose. Join us! Go choose a word, a resolution, a theme and run your day the intentional way!