General liability insurance, along with property and worker’s compensation insurance, is essential for most companies!
September 16, 2008 by Raluca · Leave a Comment
In today’s litigious society, even small mishaps can result in large lawsuits. That’s why general liability insurance, along with property and worker’s compensation insurance, is essential for most companies. Liability insurance protects the assets of a business when it is sued for something it did (or didn’t do) to cause an injury or property damage. General liability insurance can be purchased separately or as part of a business-owner’s policy (BOP). A BOP bundles property and liability insurance into one policy; however, the liability coverage limits are generally pretty low. Businesses that need more coverage usually purchase liability insurance as a separate policy. The amount of coverage a business needs depends on a couple of factors:
- Perceived risk. Business owners should first consider the amount of risk associated with their business. For example, a business that manufactures heavy machinery is at a greater risk of being sued than a company that manufactures linens, and would therefore need more liability insurance.
- The state in which you operate. Businesses that operate in states with a history of awarding high damage amounts to plaintiffs typically need to carry liability insurance with higher coverage limits. An insurance broker can offer guidance in this area. Read more
Rick LeCates Insurance Services - Do you know what your travel insurance should cover?
September 16, 2008 by Raluca · Leave a Comment
Travel insurance is insurance that is intended to cover medical expenses, financial (such as money invested in nonrefundable pre-payments), and other losses incurred while traveling, either within one’s own country, or internationally. Travel insurance can usually be arranged at the time of booking of a trip to cover exactly the duration of that trip or a more extensive, continuous insurance can be purchased from (most often) travel insurance companies, travel agents or directly from travel suppliers such as cruise lines or tour operators. However, travel insurance purchased from travel suppliers tends to be less inclusive than insurance offered by insurance companies. Many people deeply regret not taking out travel insurance. They think their credit card accident cover, home insurance, or private health cover is sufficient.What should my travel insurance policy cover?
- medical and health cover for an injury or sudden illness abroad - more infomation on medical and health cover
- 24 hour emergency service and assistance
- personal liability cover in case you’re sued for causing injury or damaging property
- lost and stolen possessions cover
- cancellation and curtailment (cutting short your trip) cover
- extra cover for activities that are commonly excluded from standard policies, such as jet skiing.
- The policy should cover the whole time that you’re away. Read more
State Farm - Michael A. Coughlan: Long-Term Care Insurance Gives You Peace of Mind
September 16, 2008 by Raluca · Leave a Comment
Long-term care insurance is purchased for many reasons. Long-term care insurance puts a plan in place that provides for your loved ones and brings peace of mind at the same time. Everyone knows a family that has suffered a catastrophe. Long-term care events happen to young working adults as well as active seniors who are just aging as gracefully as possible. The difficulties families face after the catastrophic event are determined by how well they planned. We all know that advance planning is critical.So, why do so many people fail to plan for such an occurrence? The key reason why people don’t plan is fear and discomfort with facing the prospect of family tragedy especially one in which you are involved. Who wants to discuss your own aging, becoming frail and eventually needing help with the activities of daily living? It is easier not to approach the subject that to picture oneself getting and needing assistance with activities that we take for granted when we are in our youth. Read more
Should You Get a Supplemental Health Insurance Policy? Stradling & Spece Insurance can answer your questions!
September 16, 2008 by Raluca · Leave a Comment
Generally, supplemental insurance is thought of as only for senior citizens on Medicare. However, anyone can buy a supplemental policy. These policies work with the insurance coverage you already have, acting as an “add-on” to give you extra coverage. With this type of insurance, you typically receive direct cash benefits regardless of what your other insurance pays. There are three main types of supplemental policies:Disease Specific Insurance. This policy pays you cash benefits if you require treatment for a specific disease, such as cancer.
Accident Health Insurance. This policy reimburses you for medical costs resulting from accidents. It can also pay cash benefits if the accident disables you or if you lose your vision or a limb, finger, or toe. If you die because of an accident, your beneficiaries receive the payments.
Hospital Indemnity Insurance. This policy provides a daily, weekly, or monthly cash benefit if you’re in the hospital for over a specific number of days. Read more
Talone Insurance Inc- It’s vital to be covered at all times with health insurance!
September 16, 2008 by Raluca · Leave a Comment
Short term health insurance has become a lot more viable in recent years, and more and more people are turning to it as an option. Because health care in the US and most of the world now costs more than ever, it’s vital you are covered at all times so that if something does happen to you, you don’t have to worry about how you’re going to pay. Of course we all hope nothing will ever happen to us, but the reality is you could get ill or injured. Once you’ve decided on the short term option you need to know how to get short term health insurance. First of all, you must already be healthy. No short term health insurance will cover you for an illness you already have. Next, when looking for an individual insurance plan you’ll want to do research into exactly what you will be covered for and how much it will cost. Prices have been dropping for short term health insurance so if you are eligible you may be able to get it at a lower price than you could have imagined. If you are thinking about how to get short term health insurance, you’ll need to weigh up the positives and negatives to see whether it is right for you. Usually, short term plans are for people who are going through major changes in their life such as losing a job or having to move home. If this sounds like you, a short term insurance plan could be perfect. Read moreStop a moment and imagine if your home is robbed or damaged by a storm. Purchasing insurance can protect you from such unpredictable losses!
September 16, 2008 by Raluca · Leave a Comment
It is the sincere desire for all of us to own a home. For most of us, owning a home or apartment represents a major investment cost. Stop a moment and imagine if your home is robbed or damaged by a storm. Purchasing insurance can protect you from such unpredictable losses. In the event of a loss, you are required to make a list of your personal property, including the original cost. Also, you should maintain receipts or pictures of your possessions and keep this information in a secure place, such as a safe deposit box or a fireproof box. Over the last six years, there has been a steady increase in home insurance costs. According to the Insurance Information Institute, there is a projected increase of 2.5 percent from last year. This projected increase reflects higher prices for each of us. Nationwide -Christopher Sniscak can save the most on home insurance costs because of the broad range of policy choices available. Your home can be insured under any of the following policies if you own the home and live there, and if no more than two families and two boarders live there:- Broad coverage- This is a standard coverage insuring your personal property
- Special coverage- This is a slightly more coverage insuring the building and personal property
- Actual cash value- This is required for older homes, your property will be reconstructed to a livable condition with common building materials; the insurer will not pay for any replacement costs beyond the basic reconstruction. Read more
Stay above the waterline by staying on top of your marine insurance policy! The Lunar Agency is here to help!
September 16, 2008 by Raluca · Leave a Comment
Boat Insurance with The Lunar Agency, Inc. does not have to be complicated, nor does it have to be difficult. It is actually a simple process to insure your personal watercraft, boat or Yacht. Stay above the waterline by staying on top of your marine insurance policy! Almost all boat insurance policies will cover the cost of replacing the vessel, engine and the boat trailer but actual cash value boat insurance plans only pay for replacement less any vessel depreciation from the point of loss. When the craft is a complete insurance right-off then the second hand value of the boat is used to estimate its market value. Optional insurance usually includes coverage for reasonable repairs, emergency services to your boat, motor, or boat trailer, and wreck removal. Where there has only been limited damage to the vessel, partial damage repairs include the restoration less any items that can be deducted. Agreed amount value boat insurance policies mean that the owner of the boat and the insurance company have decided on the cost of the boat, and in the aftermath of a total loss the owner will be compensated with that amount. Agreed amount value policies also replace old objects with new ones, exclusive of any assumption for depreciation. The majority of agreed amount value boat insurance policies necessitate actual cash value on specific destroyed assets like sails, protective covers, batteries, dinghies, trailers and aged outboard motors, lower drive units etc. Read moreMetlife Resources is here to help with disability income insurance!
September 16, 2008 by Raluca · Leave a Comment
Metlife Resources is here to help with disability income insurance! An individual disability income insurance policy pays a benefit if you suffer an illness or injury that prevents you from working. You can use the benefit to help pay your normal living expenses and any medical bills associated with your disability. Benefits can last for a set number of years or until you reach retirement age. If you own the policy and pay the premiums yourself, the benefits are usually not taxable. To understand the value of this type of insurance, consider what life would be like if you were to become disabled without disability coverage:- You could find yourself in a vicious cycle in which your income declines precisely when medical bills begin to accumulate. In order to make ends meet, you could be forced to dip into your retirement savings or go into debt, or both. Each outcome could have serious long-term consequences.
- If you have to borrow money to make ends meet, it could take years to repay the debt. You may need to reduce the amount of your retirement contributions in order to help make the payments.
- If you dip into your retirement savings, it could delay your progress toward retirement goals. You could be forced to work past your planned retirement age, accept a lower standard of living in retirement, or both. It may be uncomfortable to consider the possibility that you could become disabled. However, preparing for the possibility now could help you avoid some more serious discomfort later. Read more
Three good reasons to choose Kreger Agency - Nationwide auto insurance!
September 16, 2008 by Raluca · Leave a Comment
Three good reasons to choose Kreger Agency - Nationwide auto insurance:- Better claims service! Nine out of ten Nationwide customers who filed an auto insurance claim would recommend Nationwide insurance to a friend or family member. Why? Because they give customers a better claims experience.
- Auto insurance discounts! There are lots of ways to save on auto insurance with Nationwide. Save when you insure more than one vehicle, when you stay accident-free, and when you insure both your car and home.
- Nationwide On Your Side Review! Make sure your insurance coverage keeps up with your life with a Nationwide On Your Side Review. A Nationwide insurance agent can help you look at the big picture. So you can get the coverage that fits your needs, goals and budget. Read more
