How Long Will My Life Insurance Application Take?
Posted: March 7, 2020
Applying for life insurance may seem like a daunting process, but knowing what to expect can make it simpler and easier for you. Depending on a variety of factors, the underwriting approval process can take anywhere from a few days to a few months or longer. The following are the basic steps you can expect with a life insurance application process. Gather Up The Necessary...
Insuring Farm Vehicles: Do I Need Commercial Auto Insurance Or Agribusiness Insurance?
Posted: March 4, 2020
If you are in the field of agriculture, agribusiness insurance can help protect your entire business, including your farm equipment. If you have vehicles used on your farm or in your business, you will likely want to include commercial vehicle insurance in your agribusiness insurance package. Our knowledgeable agent can advise you on the insurance coverage you need and help you find the best available...
Can I Designate Someone Other Than A Family Member As My Beneficiary?
Posted: February 22, 2020
Although many people name family members as beneficiaries on their life insurance policies, it is certainly not a requirement. There are almost no rules restricting who you can choose, and you can change your beneficiary at any time (for example, after a divorce). The only universal restriction for life insurance beneficiaries is age. You cannot name a minor as your beneficiary. To provide a person...
Builders Risk Insurance Vs. Contractors Insurance
Posted: February 19, 2020
If you are in the construction business, you need the right types of insurance coverage to protect yourself. You are likely to need builders risk insurance in addition to contractors insurance. Together, these two forms of coverage can protect you against certain losses. What Is Builders Risk Insurance? Builders risk insurance is designed to cover a contractor’s equipment, materials, and property related to the construction...
Understanding The Main Life Insurance Classifications
Posted: February 7, 2020
Life insurance companies use a system of classification to determine an individual’s state of health, based on a series of factors pertaining to that person. Your classification can affect how much life insurance coverage you can get at each price point. Healthy people get more favorable classifications and lower rates. If you have health issues, that will be reflected in your life insurance premiums. The...