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Personal Insurance You work hard to provide for your family and loved ones. Protecting your personal assets is an essential part of maintaining the security and lifestyle of the people you care most about. Automobile insurance Most people are aware that substantial coverage limits are required to protect against the large awards being handed down by juries. What you may not know is that adequate uninsured motorist coverage is necessary to protect you in the event that the other driver does not have proper insurance coverage. We can guide you through this and other complexities of today's auto policies, to ensure that you have the protection you need, without paying for costly coverages that are not necessary. Homeowner's and renter's insurance Properly protecting your home and its contents is basic to your family's financial well being. Policies are available for those who own a home, coop or condo, and for those who rent. Coverage will include the portion of the physical structure(s) that you own and your personal property. Your policy will also provide liability protection if others are injured on your property, and living expenses if your home is damaged or destroyed. There are several essential coverages that are specifically not included in a basic homeowners policy, and require a separate policy or endorsement:
High value items We will cover your special items of value with any of our specialty floaters. Items to be covered on a "scheduled" basis will receive worldwide coverage and will be protected for their current value. Whether you own Fine Arts such as artwork and antiques; or valued items such as jewelry silver, and furs; whether you own musical instruments, cameras or computers; or just want to protect the value of special collections, talk to our underwriter about special floaters to protect your items of worth. Boat & Yacht insurance Homeowner's policies have very limited coverage for watercraft. All boats above a certain length and/or horsepower rating require a separate liability policy to protect your other assets in the event of an accident or other claim. In addition, you may want to protect the value of this important asset with appropriate physical damage coverages. Life insurance Most people underestimate the amount required to see their children through college, or to allow a surviving spouse to maintain his or her standard of living. Selecting the right insurance product and coverage is key to meeting these needs. The two basic types of coverage are term life, which provides the most affordable coverage, and permanent life insurance, which combines a death benefit with an investment component. There are several types of permanent life policies which differ in the investment options involved. One of the most popular is Universal Life, which provides a market interest rate and payments that are generally lower than traditional whole life. Variable Universal Life allows you to choose between investment options, assuming both the risks and rewards associated with your selection. Long term care If you or a family member becomes disabled, long term care insurance will pay for non-medical costs necessary for the care of that individual. Depending on the policy, services may be provided in a nursing home or other facility, or in the home. Making the right tradeoffs between cost and policy features is important. Individual policies vary in the amount of coverage, the requirements before they begin paying benefits, the length of the benefit period, the type of services that are included and the setting in which they will be delivered. Generally, coverage is far less costly if purchased at an early age. Our long tern care professionals will be pleased to review your situation, and help you select the best policy for your individual needs. |
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