Account Services Group Insurance

Every June 14th, we celebrate the Stars and Stripes on Flag Day. While we’re all familiar with the United States’ flag, we might not know all of the history behind this symbol.

To celebrate, we wanted to share a few fun facts about the history of the flag that might surprise you:

🔹 The current 50-star design was created by a 17-year-old. Robert G. Heft of Lancaster, Ohio, submitted the design as a high school project in 1958. It was chosen by President Eisenhower out of more than 3,000 submissions in 1960.

🔹 There have been 27 official versions of the flag. Twenty-five of those changes were solely to update the number of stars every time a new state joined the Union. The star additions were admitted on July 4th, and, together, they give us a rich visual history of the country's growth over time.

🔹 The colors for the flag have taken on their own meanings over the years. Charles Thomson, secretary of the Continental Congress in 1774, suggested that red represents hardiness and valor, white symbolizes purity and innocence, and blue stands for vigilance, perseverance, and justice.

🔹 Six American flags have been planted on the moon. Neil Armstrong and Edwin E. “Buzz” Aldrin were the first, but five additional Apollo missions have also left a flag on the lunar surface.

🔹 The current design is the longest-running version in history. No new states have been added since Hawaii joined the union in 1959, making this the most enduring flag design the country has ever had.

Wishing you a wonderful Flag Day filled with pride and appreciation for the history behind the flag we share.

If your business regularly moves materials, tools, or equipment between locations, it is important to understand where standard property coverage ends and where additional protection is needed.

Inland marine insurance is designed to cover property that is mobile or frequently moved from one location to another. For construction operations, this can include materials, tools, and equipment while in transit or stored at temporary job sites.

This type of coverage is especially valuable because standard property policies typically only cover items at a fixed location. Inland marine helps fill that gap by protecting assets as they move between projects or are stored off-site, which is a common exposure in construction operations.

When evaluating whether this coverage makes sense for your business, it is important to consider the types of materials, tools, and equipment you use, how frequently they are transported, and where they are stored.

That said, if you would like to review whether your current coverage aligns with your day-to-day operations, reach out to start the conversation. We are here to help make sure your operation is adequately protected.

As life insurance agents, we’re often asked about additional features that can be added to an existing life insurance policy. With that in mind, we wanted to share a bit of information about a commonly used optional feature that may be worth considering: a guaranteed insurability rider. Swipe to learn more.

If you’re wondering whether a guaranteed insurability rider might make sense for your policy, feel free to reach out. We’re always happy to walk you through the timing requirements, coverage limits, and potential costs to help you determine whether this option fits your long-term plans.

As the cost of doing business continues to increase, we wanted to share a quick overview of equipment breakdown coverage. This crucial piece of business coverage can help offset the costs related to key systems breaking down.

Swipe for an overview of what equipment breakdown coverage is, how it works, and why it can be so important for businesses that rely on critical pieces of equipment every day.

If your business depends heavily on critical systems to operate, it may be worth reviewing your current coverage portfolio to see what is and isn’t covered. Give us a call today, and we can get started.

For many contractors, equipment is one of the most valuable parts of the business. That is why it is essential to understand how that equipment is protected as it moves from one jobsite to another.

Equipment floater insurance is a specialized form of inland marine coverage that focuses specifically on contractor-owned equipment.

This includes items such as excavators, loaders, generators, and other machinery that regularly travel between job sites.

Because these assets are both valuable and exposed to a range of risks, equipment floater policies are designed to cover losses from events like theft, vandalism, fire, and certain weather-related damage. This ensures that critical equipment can be repaired or replaced quickly, helping to minimize downtime and project delays.

The right approach often depends on the types of contractor-owned equipment your business relies on, how frequently those assets are transported, and the exposures they face throughout day-to-day operations.

If you would like to discuss whether your current policy provides the right level of protection for your equipment, feel free to reach out.

Additional insured endorsements are common in commercial agreements, but they are also widely misunderstood. Being listed as an additional insured can provide valuable protection in the right situation, but it does not turn someone else’s policy into blanket coverage for every risk.

Swipe to learn what an additional insured endorsement is and what it generally does not do.

It is important not to assume additional insured status provides full protection. If you want to review how your policy handles additional insured endorsements or whether a contract requirement is being met properly, contact our office.

Growth in your business often comes with increased revenue, expanded teams, and greater responsibility. While that is a positive step forward, it is also the right time to revisit your insurance coverage.

As income and operations evolve, your exposure to risk can change as well. From employee benefits and group health insurance to general liability and workers’ compensation, ensuring your policies align with your current needs is essential for long-term protection.

At Account Services Group, we help businesses across Mississippi review and adjust their coverage with tailored insurance solutions that grow alongside them.

Has your business changed in the past year? Let’s take a look at whether your coverage still fits.

(601) 981-3663
https://www.accountservicesgroup.com

When a contract requires one party to add another party to their liability policy, that doesn’t mean broad protection automatically applies. In reality, additional insured status is more specific than that, which is why it is important to understand what this endorsement is designed to do.

Swipe to learn what an additional insured endorsement is and how it generally works.

If you need help reviewing a contract requirement or understanding how additional insured status may apply under your policy, contact our office.

We are often asked about ways to make insurance coverage more flexible over time—especially as needs evolve.

One option worth considering is a guaranteed insurability rider. This feature allows you to increase coverage at specific points in the future without additional medical underwriting, helping protect long-term financial goals as circumstances change.

For business owners and professionals, this can be particularly valuable when planning for growth, expanding responsibilities, or changes in employee benefits.

If you are reviewing your current coverage or exploring ways to strengthen it, our team is here to help. We can walk you through how timing, limits, and costs work so you can make an informed decision.

Have questions about your policy? Reach out to us anytime.