Before March, most people’s lives were “normal”. Normalcy, obviously, is measured by the degree of predictability in life assessing one’s current status, living accordingly, and planning for the future as far as possible. Graduations, weddings, family vacations, real estate closings and the like are in the works complete with dates and times. Overall, 2020 is shaping up in much the same way as 2019. People all over the world go about their daily routines comfortably and with what they perceive to be reasonable expectations of what the coming year will bring.
Then the world stopped.
When COVID-19 arrived at our doorstep, everything changed in no time. In the US, in the span of two weeks, businesses closed and stay-at-home orders were issued that halted life, and ended virtually everything that almost all people consider normal and, when you consider it, are most certainly taken for granted.
Suddenly, people with steady jobs were unemployed, kids had to quickly transition away from online learning from home and there was an unexplained scarcity of toilet paper. Information about the Coronavirus is not clear and it seems to change every day and nobody can predict what will occur and everyone seems to be not prepared. However, some were more unprepared than others.
This uncertainty has caused many people to take a personal inventory of how prepared they’re for the unforeseen and examine ways to make sure that they’re better prepared for the next sucker punch that life may throw at them.
Preparing people for the future and protecting them from the unforeseen is something that Rich “Big Daddy” Salgado, CEO of Coastal Advisors does. The LLC has been at it for 25 years.
Coastal Advisors is an insurance consulting firm with more than 500 clients, mainly in sports and entertainment (Rich’s brother, Jim, is Coach Nickles for Buffalo Bills), but Salgado emphasizes that their insurance policies still work for everybody. way of life. Given the current national health crisis, he said he was receiving plenty of calls from ordinary people wanting to review or improve their current coverage.
“This is a good time to evaluate your coverage, especially if you are home in quarantine,” Rich explains, adding that it is crucial to be prepared for all situations and not leave your family with nothing when the unforeseen happens. “Talking is free,” he added. “We are happy to answer questions and educate the public so they can make informed decisions about their insurance needs.
Some of the best known clients include Adam Schefter and Jay Glazer of NFL Insider, Michael Strahan, officially of the New York Giants and current analyst for Fox NFL Sunday and Co-host of ABC’s Good Morning America, and Kevin Weekes of NHL Network and ESPN .
Rich himself is a Super Bowl Correspondent for Fox & Friends and has hosted Super Bowl Parties as an envoy for Saks Fifth Avenue.
“Working with sports magnates, our insurance offering is unique,” says Chris Muro who works with Coastal Advisors in Boca Raton, Florida. He points to term insurance where policyholders and beneficiaries can receive life benefits when a player may suffer a career-ending injury or sickness (such as ALS). He explained that this was not only unique by term insurance standards in that the policyholder would normally must die for the insurance to take effect, but also attractive to non-athletes.
An example of this is a term policy of at least $1,700/year, and pays $1 Million with cognitive impairment.
Colin Young was recently delivered to Dallas at Coastal Advisors to complete the company’s offering of home, auto, and umbrella insurance. “Right now, people are refinancing their homes but also looking for lower insurance rates,” he explains. “People are shopping for good prices because they may have lost their jobs and are more budget conscious, but there is always a need for good insurance coverage.”
“What helps me sleep at night is how far I go, helping people,” summarizes Salgado. “Our clients, whether they are professional athletes, TV personalities or bus drivers, are our friends and we care about them.”
To that end, Coastal Advisors is giving back too with programs like Big Daddy Youth Soccer Camp, which is a non-contact program designed to help campers in grades one through eight develop and sharpen their skills in offense, defense, and special teams. , while instilling the ideals of good sportsmanship as well. Also, and maybe more famous is the Big Daddy Celebrity Golf Classic.
The worldwide pandemic has undoubtedly turned many lives and plans upside down and nothing appears to be going well this year. Evaluating insurance is, without a doubt, a wise and careful consideration at this time.
For more information, visit www.coastaladvisorsllc.com or www.youtube.com/bigdaddyinsures
