Does your insurance policy cover jewelry loss for reasons other than theft?

You might be surprised to learn that your homeowner’s or renter’s insurance policy probably does not offer full coverage for your engagement ring and other fine jewelry. Your insurance policy probably covers jewelry theft, but not loss that occurs for other reasons.

Typical Insurance Policies

Renter’s and homeowner’s insurance policies set limits for the loss of certain categories of personal property, including jewelry. Homeowner’s policies typically pay a maximum of $1,000 for jewelry theft. A renter’s insurance policy might have a lower limit for jewelry loss–$500 is common. Read more

Do You Have Renters Insurance?

This may come as a surprise to you, but did you know your landlord’s insurance does not cover your personal property? Your clothes, jewelry, stereos, televisions, bicycles, computers, furniture, artwork and other valuable possessions are not protected against loss or destruction.

Renters insurance from Peterson Insurance Services Havertown, protects your personal property at home and away from home against the following hazards: fire, smoke or lightning, burglary or vandalism, riot or civil commotion, explosion or electrical surge damage, windstorm or hail, falling objects, and other hazards detailed in policy. Read more

What Can Universal Life Insurance Do For You

Universal Life Insurance, also called “Flexible Premium Adjustable Life Insurance,” entered the life insurance market in the early 1980s as a more flexible version of Whole Life Insurance. Like Whole Life Insurance, Universal Life Insurance features a savings element that grows on a tax-deferred basis. A portion of your premiums are invested by the insurance company in bonds, mortgages and money market funds. The return on the investments Read more

Got questions about Auto Insurance?

Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident.

In many jurisdictions it is compulsory to have vehicle insurance before using or keeping a motor vehicle on public roads. Most jurisdictions relate insurance to both the car and the driver; however the degree of each varies greatly. Read more

Do You Have Life Insurance

Life insurance is a crucial step in planning for your future and the future of your loved ones. It can fulfill promises made to your family if you are no longer around by providing a death benefit to your beneficiaries in return for premiums paid to the insurance company. Life insurance form Joseph H. Tyson & Company can also provide benefits while you are living. The cash value growth of a permanent life insurance policy is tax-deferred, which means Read more

Who will Pay your Mortgage if You are Unable to Work?

Typically, people buy property and casualty insurance to protect their possessions (houses, cars, and furniture) and life insurance to provide income for their survivors. However, many people don’t think about protecting their income with disability insurance. But how well could you live if you weren’t able to work? Disability is an unpredictable event, and if you become disabled, your ability to make a living could be restricted. Although you may have enough money in the bank to Read more

Understanding Your Car Insurance

Collision and Comprehensive Insurance Coverage

If you read and understand your car insurance policy and coverage limits, you’ll be less worried and more relaxed should something happen, because you’ll know what to expect with comprehensive auto insurance coverage.

 

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Long-term Care Insurance - Can You Afford Not to Have it?

   

Long-term care refers to the many services beyond medical care and nursing care used by people who have disabilities or chronic (long-lasting) illnesses. Long-term care insurance helps you pay for these services, which can be very expensive. A policy also ensures that you can make your own choices about what long-term care services you receive and where you receive them.  Ordinary health insurance won’t cover it. People are living longer and longer these days. That’s good news, but the flip side of that is there are more years in which there’s a risk of serious health problems. And that could literally cost all of your remaining life’s savings. Unfortunately, ordinary health insurance policies and Medicare usually do not pay for long-term care expenses. Medicaid, a federal/state health insurance program, will only pay for long-term care if you’ve already spent most of your savings or other assets. So, there’s long-term care insurance. Read more

Get the insurance plan you need today!

Medicare Supplement policies are designed to cover expenses not covered (or only partially covered) by the “original Medicare” fee-for-service benefits. Medigap plans may be purchased on a guaranteed issue basis (no health questions asked) during a six-month open enrollment period when an individual first becomes eligible for Medicare. The benefits offered by Medigap plans are standardized. Read more

Full Service Insurance from Brian Roselli

Permanent life insurance is a form of life insurance such as whole life or endowment, where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value.

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