There’s a lot to consider when it comes to protecting your investment in a vacation home. Watkins Insurance Group can help by making sure you have the insurance coverage you want.
To that end, here are four things that may impact the coverage you choose and how much you’ll pay for it.
Looking to buy home insurance? To get started with a free quote, contact me at (334)328-6750. #HomeInsurance
0 014 August, 2019
Here are some KEY reasons you should consider getting a Term Life insurance policy and kick your bank mortgage insurance to the curb!👇🏾
📌The death benefit from the bank insurance shrinks with your mortgage! Bank mortgage insurance only covers your outstanding mortgage balance. This means you're paying the SAME monthly payment on a DECREASING balance.
👉🏾If you own a Term Life policy your death benefit remains the SAME, so as you pay down your mortgage your death benefit will NOT decrease
📌With bank insurance underwriting is done at claim time so you could find out later that you aren't eligible for coverage leaving your family with nothing.
👉🏾If you own a Term Life policy the underwriting is done when applying for the coverage so once you're approved you don't need to worry about being denied when making a claim.
📌With bank insurance you'll need to renew your policy at the end of your mortgage term which may cause your payment to INCREASE because you're older in age.
👉🏾If you own a 25 or 30 year Term Life policy the monthly premium remains the same until the full term is up! Your mortgage renewal has no effect on your term policy.
🔑Most importantly your bank pockets the death benefit at claim time NOT your family. When you own your own Term Life policy your beneficiaries get the death benefit and can decide how it should be spent.
🙋🏾Term Life Insurance is generally MUCH cheaper than bank mortgage coverage so why pay more than you need to?
Click the LINK IN BIO to schedule an Action Call with me! I’d be happy to review your current mortgage coverage.
TAG A FRIEND WHO OWNS A HOME AND NEEDS TO KNOW THIS INFO!!!!🙌🏾
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Are you or your clients properly covered? Anyone can write a cheap policy. But, will it cover you or your clients? Isn't that what we have insurance for...protection? Don't have your clients upset with a policy from someone you recommended. Call us, and let the experts get to work for you!
Secara umum, ada dua jenis asuransi jiwa seumur hidup. Berikut ini adalah penjelasannya.
1. Asuransi Jiwa Seumur Hidup Langsung (Straight Life Policy)
Biasa disebut asuransi jiwa seumur hidup tradisional atau permanen.
Ciri khas utamanya adalah premi tetap yang wajib dibayarkan sampai tertanggung meninggal dunia atau maksimal sampai usia 90-100 tahun.
Nilai tunai premi dalam polis ini terbentuk selama polis berlangsung dan aktif sampai jumlahnya setara dengan jumlah uang pertanggungan dasar ketika tertanggung mencapai usia 90 atau 100 tahun (polis jatuh tempo).
Jadi, jika tertanggung masih hidup sampai melewati polis jatuh tempo maka proteksi asuransi berakhir dan manfaat nilai tunai premi asuransi (sebesar uang pertanggungan) tetap akan dibayarkan kepadanya.
2. Asuransi Seumur Hidup Pembayaran Terbatas (Limited-Payment Whole Life Policy)
Asuransi ini memberikan proteksi seumur hidup tanpa harus membayar premi asuransi seumur hidup.
Premi cukup dibayarkan sampai jangka waktu tertentu saja, misalnya sampai usia 60 tahun sedangkan jaminan asuransi akan tetap berlaku seumur hidup.
This great post is brought to you by @insureefficient
I would say 7-10 times you annual income to protect your family but 6-8 times is a good start.
3 214 August, 2019
Reposted from @abcnews (Thanks!) - SAVE IT FOR LATER: Police in Massachusetts released new footage showing the moment a driver who was allegedly texting while driving slammed into a utility pole, suffering minor injuries and earning a citation.
Why settle for just having insurance when you can work with an agent who makes sure you’re properly covered? Let’s sit down and do an insurance consultation and see what your risks are and how we can help you get the proper protection you need. Home, Auto, Life and or Business, we have insurance solutions for you.
Ada mitos mengatakan, asuransi jiwa hanya bermanfaat bagi mereka yang sudah “berumur”. Definisi berumur ini sering dikaitkan dengan mereka yang sudah menikah dan memiliki anak. Padahal faktanya, asuransi jiwa memberi perlindungan terhadap jiwa Anda jika terjadi risiko kematian.
Artinya, jika risiko itu terjadi, maka perusahaan asuransi akan membayarkan manfaat berupa uang pertanggungan (UP) kepada keluarga yang ditinggalkan. Dengan UP tersebut, maka keluarga yang ditinggalkan dapat menjalankan kehidupan sehari-hari tanpa mengalami keterpurukan finansial akibat pencari nafkah wafat.
Mengingat fungsi asuransi jiwa yang melindungi tertanggung dan keluarga yang ditinggalkan, jelaslah bahwa siapa saja yang sudah berpenghasilan dan menanggung penghidupan orang lain, perlu memiliki asuransi jiwa.
Fakta selanjutnya, semakin muda Anda membeli asuransi jiwa, semakin murah premi yang dikenakan. Karena asumsinya, semakin bertambah usia tertanggung, semakin tinggi risiko sakit dan kematian yang akan menghampirinya. Itu sebabnya, dengan jumlah UP yang sama, misalnya Rp1,5 miliar, premi yang harus Anda bayar untuk asuransi jiwa tradisional pada usia 23 tahun ialah Rp200.000 per bulan.
Sementara jika Anda berusia 28 tahun, premi yang harus Anda bayar ialah Rp400.000 per bulan.
Tip of the day!
A question I commonly get (almost daily) is about coverage for things that have deteriorated or broken due to age. These sorts of things aren’t covered by any insurance companies. An example is a fence that has fallen down because it’s old or a slow leak due to aging pipes in your home. Insurance coverage kicks in when it’s a sudden event, not from wear and tear over time. You can always call your agent to check if you aren’t sure, it never hurts to ask and do a determination of coverage! #tipoftheday#farmersinsurance#bravo#bravoagency#wearefarmers#homeinsurance#autoinsurance#insuranceagent
As a business owner, my hours are rarely 8-5pm...many times they are like today. Wardrobe change and off to support to of my favorite organizations! 💗😀 First stop, Empty Bowls...I live to support my community!!❤️🇺🇸💙. Hope to see you on one of my stops! #giveback Follow me TODAY on Instagram at #thefloodgirl
While the availability and reduction of premium may vary, generally, customers can reduce their home insurance premiums by making improvements to their home. If you’ve made recent improvements to your home, give me a call.
1 613 August, 2019
SPECIAL BLOG UP TODAY ON OUR WEBSITE! We interviewed Jim Murray, President & Founder of The Murray Group. Jim has experienced his fair share of joy and heart ache in his 45 years in business. He has helped thousands of #capitaldistrict residents & business owners over the years. Today he finds great pleasure in working with his children and staff, some who have been with him 25+ years.
Click the link in bio to read his unique perspective on life, business, and, of course, insurance. 👨💼😁
4 4813 August, 2019
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Benifts of hiring me as your agent: You’ll have me as your agent. 👩🏽💼
I could go on, but I think I made my point! 🧡😊
11 17022 April, 2019
Here at Southern Roofing and Renovations we choose to work smarter, not harder 😎
🌳Help Us Plant a Million Trees🌳 🌴😀👉 In line with our paperless initiative, I'm thrilled to announce that Travelers has entered into a partnership
with American Forests, the country's oldest nonprofit conservation group, to plant up to 1 million trees over the next year. 🤔How 😀👉Until April 30, 2020, we'll plant one tree for every paper billing account that is converted to paperless (Auto, Home, Boat, etc.) 😀👉We've named the campaign A Million Reasons Why
Help us reduce our carbon footprint by considering the opportunity on every line of business to convert new and existing customers to paperless.
🌳🌴🌲🌳🌴🌳🌴🌲🌳🌴🌲🌳🌴🌳🌴🌲🌳 🙌Thank you!