Posts Tagged ‘key person insurance’
What Happens to Your Insurance Policy After a Fire?
What Happens to Your Insurance Policy After a Fire? Tom B. who lost his building in Altadena during the Eaton Fire, he was left with a big question: What happens to his business insurance policy now that his building is gone? Tom B. who was insured with State Farm for decades, called his agent as…
Read MoreTips for Choosing Business Insurance
Tips for Choosing Business Insurance Running a business is rewarding, but it comes with risks. Business insurance is essential for protecting you against costly setbacks. Here’s a quick guide to help you choose the right insurance and keep your business secure. 1. Identify Your Business Risks Every business faces unique risks. Start by considering potential…
Read MoreLife Insurance FAQ
Q: What is life insurance, and why do I need it? A: Life insurance is all about financial protection. Think of it as a way to provide for your loved ones if you’re no longer around. It can help cover big expenses like mortgage payments, kids’ education, or everyday living costs, giving your family some…
Read MoreHow To Borrow: Life Insurance Policy
Borrowing from a life insurance policy is an option if you have a permanent life insurance policy, such as “whole life” or “universal life”, which builds “cash value” over time. Here’s a step-by-step guide on how to borrow from your life insurance policy: 1. Verify Your Policy Type – You can only borrow against…
Read MoreInsurance: Protecting Your Business
The Importance of Insurance: Protecting Your Business In an ever-changing and unpredictable business landscape, safeguarding your company’s assets and ensuring its long-term stability is paramount. One of the most effective ways to mitigate risk and protect your business is through comprehensive insurance coverage. In this article, we will explore the importance of insurance for businesses…
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