Smart move, Villages07. It is cheap insurance in this termite favoring area of the country. And block/Stucco is not a barrier to the little critters.
Remember, we live on sandy soil for the most part, and damp, dark sandy places are magnets for termites. They can come up through the slightest crack in a slab, and they absolutely love sheetrock!
I have lived in Florida for over 20 years (on and Off) and I've happily paid for an annual "bond" for every house I have owned.