August 24, 2020
Business Insurance – Swimming Pool Contractors
What is Swimming Pool Contractor Insurance? Like all businesses, the maintenance and construction of a swimming pool come with several potential risks, especially when you factor in all the tools and equipment needed for the job. As a contractor, you may be held responsible for any accidents that may occur. Swimming Pool Contractor Insurance ensures […]
July 27, 2020
Funding a Buy-Sell Agreement
Before you can make a decision on a buy-sell agreement, it is best you consider the different ways of funding it. Typically, business owners fund their buy-sell agreement with a life insurance policy. Depending on the type of buy-sell agreement you have and your business, life insurance funding may be the best option. Many choose […]
July 23, 2020
Types of Buy-Sell Agreements
If you own a business, then you should know about buy-sell agreements. This type of insurance policy is beneficial for protecting your business. It is best to consider all your options when it comes to a buy-sell agreement. We recommend involving your attorney and financial advisor on the matter as well. With this group of […]
July 20, 2020
Benefits of a Buy-Sell Life Insurance Agreement
In a previous blog, we discussed why to consider a buy-sell life insurance agreement. A buy-sell agreement in a life insurance policy helps protect other co-owners and the family of the deceased. Upon the death or departure of a co-owner, their shares are passed on to their family. Then, other co-owners can purchase those shares […]
July 16, 2020
Have you considered a buy-sell life insurance agreement?
A buy-sell life insurance agreement is beneficial for business owners, their families, and any shareholders. This agreement activates when a co-owner leaves the business or dies. The family of the deceased obtain their loved one’s share of the business. All remaining co-owners or shareholders have the opportunity to buy back the shares of the deceased […]
July 1, 2020
Business Insurance for Contractors
Often insurance companies have bundles ready for specific businesses, like contractors. There is no specific contractors’ insurance, but we know that these businesses typically require similar coverages. These bundles typically include general liability insurance, commercial property insurance, and builder’s risk. In the end, though, you select the policies that best suit your operations. Usually, a […]
June 24, 2020
Do I Need a Personal Umbrella Insurance Policy?
When most think of umbrella insurance policies, they assume it applies to a corporation. Umbrella insurance is, after all, liability insurance, and we do usually think of liability in terms of a company. But an individual or dependent can also cause property damages or bodily harm that can mean certain lawsuits. Additionally, your umbrella insurance […]
June 17, 2020
The Benefits of Having an Independent Insurance Agent
When you understand the difference between a direct writer and an independent insurance agency, then the main benefit behind us becomes obvious. A direct writer works for a single insurance company. Meanwhile, independent agents, like us, represent and work with a variety of insurance carriers. As we will outline, this difference amounts to your insurance […]
June 10, 2020
Do I Need Flood Insurance For My Business?
What most do not realize is that standard property insurance will not cover you in the case of a flood. And this goes for commercial properties as well. Neither a Commercial Package Policy (CPP) or a Business Owners Policy (BOP) will include flood insurance. This is by design, though. As a business owner, you need […]
May 27, 2020
The Importance Of Cyber Liability Insurance
If you are a business owner, then you need cyber liability insurance. The further we get into the 21st century, the larger technology and the internet get. As the internet grows, so does the amount of people who abuse it. Cyber liability insurance protect businesses after their data was stolen or transmitted, the work of […]
