Oncken Insurance Agency, P.C. Blog
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.