Oncken Insurance Agency, P.C. Blog
An annuity is a policy to cover specific objectives between you and an insurance provider, like principal security, lifelong income, legacy planning, or long-term care expenses. Annuities are more like contracts that you and the insurer are bound together with contractual obligations.
Businesses have suffered financially since the announcement of a global pandemic. The government had mandated lockdowns and shutdowns as a preventive measure. In this article are tips how to face the pandemic with business insurance.
COVID-19 has brought so many uncertainties in the lives of people around the world. As a young professional in these challenging times, it is not surprising that you will worry about your family. Securing the need of your family is a top priority.
More than ever before, Americans realized the significance of having life insurance. Like most of them, you see life insurance as a necessity nowadays, considering how the pandemic made the workplace hazardous.
Almost every American family across the country, in one way or another, feels the impact of COVID-19 in their lives. The pandemic not only disrupted their daily lives, but it also affected their source of income.
The sheer number of American workers who filed for unemployment benefit indicates the virus's adverse impact on the US economy. Statistics show at least 31 million Americans have lost their jobs and are currently getting some sort of unemployment benefits.
There are various possible sources of assistance for damages and losses from a disaster such as tort cases, government programs, philanthropy, and insurance payments. Insurance provides a significant role after various disasters.
The customers under annuity and life insurance policies face similar problems related to the pandemic every day: providing food on the table, adjusting to working from home, and getting worried about sore throats and coughs. They also continue to help people against various risks with the concerns below.
Nowadays, people spend most of their time at home, allowing agents and insurers to sell their value to homeowners. Here are takeaways you should know about how the pandemic affected the home insurance industry and how agents work with homeowners and carriers to adjust their business strategies.
Life insurance companies have consistently remained open despite the pandemic and insurers expecting to have consistent expenses. However, other life insurance types, such as term life policies (which provides coverage for a set of years) have a few changes in store.
If you are planning to get auto insurance policies, this year is the best time. Why? Because some of the top companies offer a lot of benefits when it comes to auto insurance policies. However, one challenge you might face when it comes to choosing the right is its qualifications.
To find the best insurance policy for your needs, you have to figure out the qualifications that suit what you are looking for when it comes to the document itself. Here are some of the most prominent characteristics of a good insurance policy in 2020.
Trying to get Home Insurance is something that would be very significant, especially at this time, because real estate offers tons of properties at affordable prices. If you have a steady job and can afford to buy a house, you can also get and use home insurance policies right away in 2020.
However, one question you should ask is, "What policy should I choose? What qualities should I aspire to have in a Home Insurance policy for 2020? Here are some options for you.