Common Benefits Of Commercial Property Insurance
Posted: August 4, 2020
Owning commercial property carries significant risks, which is one reason many businesses elect to lease rather than own. Fire, theft, and natural disasters such as tornadoes and hurricanes can have a heavy financial impact. Commercial property insurance is designed to help mitigate the risk of owning commercial property. What Types Of Protection Does Commercial Property Insurance Provide? When a commercial property is leased or rented,...
Will My Auto Insurance Cover Me If I Drive Across The U.S. Border?
Posted: August 1, 2020
Your personal auto insurance policy provides protection against liability, bodily injury, and property damage in case you are involved in an accident in the U.S. But what happens if your travels take you into Canada, Mexico, or beyond? Are you still covered once you cross the U.S. border? The answer depends on which country you are driving to. Yes, if your trip is to Canada....
How To Handle A Hit-And-Run Accident
Posted: July 30, 2020
Getting in a car accident is enough to ruin anyone's day. But if you’re involved in a hit-and-run, the experience can be especially disorienting. You realize that your vehicle’s been hit and before you can step out to get the other driver’s information, their car is taking off into the distance. As overwhelming as the experience can be, how you react next can play an...
What Happens To My 401(k) After My Death?
Posted: July 28, 2020
For many Americans, a 401(k) is the foundation of their retirement planning. The goal is to set aside sufficient tax-deferred dollars (ideally, with matching employer contributions) to see you through from the date of retirement to the date of your death. But what happens if you die before you have a chance to spend your 401(k) funds? You certainly can’t take it with you when...
What If My Beneficiary Can’t Claim My Life Insurance Money?
Posted: July 22, 2020
Many people purchase life insurance policies to provide for a spouse and children. But what happens if your death arrives while your children are still minors? In that case, the life insurance company cannot pay out benefits until the court appoints a guardian for your minor children. That can be a lengthy process, requiring attorney fees and court costs. Similar problems could arise if your...