February 2021

18
Feb

Simple Ways to Balance Your Work and Personal Life

As reported by the Organization for Economic Cooperation and Development (OECD), the Netherlands ranks first with a rating of 9.3 out of 10 for countries that offered their workers the best work-life balance. Several factors, including average work hours and personal time, were considered. Sadly, the United States did not rate as well. This indicates how maintaining a work-life balance is difficult for an average American.

According to research, people who work long hours are at a 33% greater risk of having a heart attack and are 13% more susceptible to cardiovascular diseases. Luckily, a better work-life balance is achievable in simple but pragmatic steps.

Move with a Planner

Maintaining a sound mind at work can sometimes feel like a job itself. If you want to achieve work and personal goals, a good habit to get into is writing down a plan every day. Keeping a small journal that outlines your plan for the day can keep you in check and allow for a healthier balance of life and work.

Filter Your Activities for the Day

If you find that you regularly waste time on low-value activities, you most likely find yourself working long hours, too. If you’ve identified this as a problem, use a recorder to capture every minute of your time for a few days. Then, review what you captured and cut out non-value adding activities. Spending time on social media platforms or making personal calls are examples of no-value activities at work. Also, activities that are out of your job description should be delegated or passed to the appropriate person since maximizing every minute is paramount to work-life balance.

Have A Regular Time Out

Isolation increases the risk of dying by 50 percent. That is why an active social life is essential for work-life balance and for healthy living in general. You can plan a picnic with your closest friends once a month. Organize your work around the picnic to force a time out to disconnect and have fun. View it as a meeting with an important client that you cannot miss. Remember, the goal is to balance your work and life.

Manage Your Stress Well

You cannot escape stress as an entrepreneur. However, you should attempt to avoid chronic stress that can affect your health. Try to develop the habit of momentary withdrawal from stressful situations to calm down and clear your head. Managing your stress wisely will bring about a better work-life balance.

As an entrepreneur, you must priortize your health. For all your insurance needs, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage. We are ready to assist you with all of your insurance needs.

4
Feb

Will I Need Collision Insurance if My Car is Paid Off?

Anytime your car is involved in an accident, besides the scratches and dents, you also need to think about the effect of the accident on your auto collision insurance coverage.

Although collision insurance is not mandatory, if you’re buying or leasing a car, you will be required by your lender to purchase both collision and comprehensive coverage. However, if the car is paid off, it becomes your decision if you need collision coverage or not.

Here are a few things you need to consider while deciding whether to get auto collision insurance coverage.

Listen to Your Wallet

Collision coverage costs a few hundred dollars every year, but it covers the cost of repairing or replacing your car in the event of an accident. However, collision coverage may be significantly more expensive if you have a history of accidents on your driving record. So, your decision could depend on how much you’re spending on the coverage and whether that amount fits into your budget.

Know Your Car’s Value

Can you afford to repair or replace your car without an auto collision insurance coverage? If you’re not financially buoyant to take on major repairs out of pocket, you probably need to maintain your coverage. Also, a car-specific insurance bundled with collision coverage could save you on the major repair costs associated with luxury vehicles. Additionally, if the impact of staying without a car is enormous and will significantly affect your daily life, you would probably benefit from collision insurance.

Estimate Your Exposure to Risk

Car insurance with high risk may require a collision coverage. If you live in a high-risk location with a high propensity for collision or accident, or if you are a high-risk individual of a certain age, you may need to have collision insurance coverage.

Choose the Best Fit

Research your costs, weigh your options and choose a policy with a deductible that fits your budget. If you plan to use your collision coverage for only major damages, you may want to consider setting the deductible higher, that will help lower the cost.

If your car is paid off and you are aware of the potential disruption to your life if you were to be involved in a car accident, then it is essential to have the right collision insurance coverage.  For all of your auto insurance needs, visit Abatelli Group, Inc. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage. We are ready to assist you with all of your insurance needs.

COVID-19 Update

Our office remains open and our staff is working remotely to continue to service our clients. You can reach us at (718) 352-6000 Letter to Policyholders