Posts Tagged ‘whole life insurance’
Navigating Commercial Insurance for Towing Companies in California
Protecting Your Business, Not Just Your Vehicles Navigating commercial insurance for towing companies in California and beyond. In the fast-paced world of towing and transportation unexpected challenges are part of the job. From roadside assistance in the San Fernando Valley to equipment hauling across Los Angeles Ventura County or even expansive stretches of San Bernardino County…
Read MoreWhy PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes
Why PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes The Allianz Life incident underscores a critical reality: no business is immune to cyber threats. At PM Insurance Services, we’re seeing firsthand the increasing sophistication and frequency of cyberattacks targeting companies, from small local shops to large enterprises. This is precisely…
Read MoreWhy Life Insurance is a Must-Have for Financial Security
Why Life Insurance is a Must-Have for Financial Security Let’s be real—life insurance isn’t the most exciting topic, but it’s one of the most important financial decisions you can make. If you have loved ones who depend on you, life insurance is a key part of making sure they’re taken care of no matter…
Read MoreWhat 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 MoreAging Rock Stars Touring Without Insurance
Aging Rock Stars Touring Without Insurance as Costs Soar As legendary rock stars continue to tour well into their later years, many are opting to forgo insurance due to skyrocketing costs. According to The Telegraph, the price of insuring against concert cancellations due to health issues rises significantly with age, making it an unaffordable…
Read MoreWhole Life Insurance
Whole life insurance can be a great option for people looking for more than just basic life insurance coverage. Here’s why you might want to consider it: 1. Lifelong Protection Whole life insurance covers you for your entire life, as long as you keep paying the premiums. That means your loved ones will receive the…
Read MoreYour End-of-Year Insurance Review
Your End-of-Year Insurance Review As the year comes to a close, small business owners juggle everything from year-end inventory to tax preparation. One important task that often gets overlooked is reviewing current insurance policies. This simple step can ensure your business is fully protected and set up for success in the upcoming year. Use this…
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 MoreKey Differences Between Term and Whole Life Insurance
Here are the key differences between term life insurance and whole life insurance: 1. Coverage Duration: – Term Life Insurance: Provides coverage for a specific term, such as 10, 20, or 30 years. – Whole Life Insurance: Offers coverage for the entire lifetime of the insured, as long as the premiums are paid. 2. Premiums:…
Read More