Insurance Maze Blog

There are situations in which we find ourselves needing more life insurance coverage, but due to health problems, we just can’t buy life insurance, at least at the standard insurance premium. There is an option available and it is known as “Graded Benefit Life Insrance”. (more…)

You need Business Auto Insurance if you own a vehicle which is used in your business. Your professional business insurance agent is the best person to advise you on the best coverage for your business vehicle and the types of insurance coverage in your area. Let’s take a look at types of coverage in general terms. (more…)

Many people who start a business out of their home live with the misconception that their home business is insured under their homeowner’s insurance policy. A traditional homeowner’s policy was designed to offer insurance protection for a private residence and not a commercial business. (more…)

A lot of people are again realizing that a permanent form of life insurance may be a better buy than the financial gurus want us to believe. Whether it be the traditional whole life insurance, universal life, or variable life, we need to understand the difference.

The Type Of Permanent Life Insurance Will Fall Into One Of Four Categories:

• Traditional Whole Life Insurance
• Universal Life Insurance
• Variable Life Insurance
• Variable Universal Life Insurance

It is important to understand that different life insurance companies may offer different variations of each policy category.

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Do you understand how your life insurance proceeds will be distributed at your death? Do you have a written, legal Will? The confusing part here is that we name a “beneficiary” in both documents, but does one have anything to do with the other? (more…)

First of all, a Business Owner’s Poicy, commonly referred to as a BOP, is designed for small and medium-sized businesses. This type business insurance program combines both property and liability coverage in one policy. There are usually additional types of coverage included at no additional premium. (more…)

There is a lot of information involved in obtaining any type of insurance and business insurance is no different. A lot of time can be saved by putting together a list of information about your business, before you call your business insurance agent for a business property insurance quote. (more…)

Term life insurance is simply, as the name implies, life insurance designed to remain in effect for a certain period of time or “term”. This term period may be 1 year, 10 years, 20 years or 30 years and with some insurance companies, different term periods may be available. (more…)

Some people consider a sound life insurance program a vital part of their financial planning, while others wouldn’t buy life insurance if it cost only 1 cent per thousand. That, of course, is a personal decision. There are some very important things to keep in mind when making the decision to buy or not buy life insurance. (more…)

Once an insurance company (insurer) has issued a general liability insurance policy for your business, the insurer has agreed to pay all costs for a covered liability claim against your company. This claim or lawsuit might be based on an action by your business and, in some cases, it might be based on an action you didn’t take. (more…)