As we all mature, buy a house, get married, have children and grandchildren, and potentially start a business, the idea of obtaining a life insurance policy begins to take shape. Having a sound financial plan in place as you age is a good idea that will give you the peace of mind you need and deserve.

There are many reasons to obtain a life insurance policy and one of them is to protect our loved ones after we are gone from this earth. This is very important to people of all ages because even if you are a younger parent, your children need to be provided for in the event you die suddenly and unexpectedly. Money from your life insurance policy can provide the people who mean the most to you with the things they need, such as housing, childcare, and other essentials.

Many times when someone dies who had no life insurance policy in place, their family has to dip into their own savings or ask for assistance from the public for funeral expenses. If you have a life insurance policy, this can pay for your final expenses and possibly leave some amount as an inheritance for your children and grandchildren.

A life insurance policy can also alleviate debt that you still had when you died, such as a mortgage, vehicle loans, or credit cards. It is unfair to saddle your children or spouse with these types of debts when you die and by having a life insurance policy in place, you can have peace of mind in knowing everything will be taken care of when you pass away.

To create the best life insurance policy for you and your situation, you will need to enlist the assistance of an experienced life insurance agent. The staff at the JC Demo Insurance Group in Matthews, NC is ready to assist you with all of your life insurance needs. Call for an appointment today!

Advanced planning is key to protecting your small business in Matthews, NC from disasters. You can’t keep disasters from happening, but you can take measures to minimize injuries and property damage at your business site. Here are a few suggestions from JC Demo Insurance Group on how you can ready your NC business for disasters.

Make a Disaster Preparedness Plan

A disaster preparedness plan can give you an edge in recovering from a disaster.  Designate a disaster coordinator to help create your plan and a disaster committee to help implement it. Your plan should cover such factors as employee safety, communications during and after a disaster, evacuation procedures during business hours, and business operations post-disaster. Rehearse your plan on a regular basis and update it when necessary to keep it relevant.    

Update Your Commercial Insurance

Assess the risks your small business faces in Matthews, NC and update your commercial coverage accordingly. Your property coverage should be sufficient to compensate you for damage to your building, equipment, and inventory. If your business has to close down temporarily for disaster repairs, business interruption can expedite your recovery by covering lost revenue, payroll, business loans, and other expenses to avoid financial loss. Talk to your JC Demo Insurance agent about other essential coverage you may need to recover from disasters.

Protect Essential Data

Protect your essential business data by backing it up on different devices and storing it safely in separate locations. This includes business files, financial records, customer and employee information, and other data essential to your business operations. Make sure this data is encrypted to prevent security breaches and that your encryption keys are only accessible to authorized personnel.

To purchase commercial coverage to protect your NC business against disasters, contact JC Demo Insurance Group today.

For over 20 years, JC Demo Insurance Group has assisted residents throughout North and South Carolina through providing access to different types of personal insurance coverage. We use our standing as an independent agency to our advantage by establishing relationships in multiple markets around Matthews, NC. This allows us to meet the insurance needs of our clients regardless of their situation.

Consider Variable Life Insurance

JC Demo Insurance Group is aware that many people believe that purchasing life insurance is unnecessary. However, purchasing a life insurance policy is very beneficial to your future. There are some alternatives that you may consider, such as variable life insurance. Here is an in-depth look at variable life insurance and why that may be the best option for you.

A variable life insurance policy is an agreement involving you and the insurance company. Under the terms of the agreement, your beneficiaries will receive an outlined amount after your death. Variable life insurance policies also include a cash value that is based on your premiums and investment choices.

As the policyholder, you will have a large influence on how your premiums are invested. Primarily, you can choose to invest your premiums into bonds, stocks, or mutual funds. You can also choose to place some of your premiums into a fixed account. Putting some of your assets into a fixed account guarantees that they will accumulate a fixed rate of interest. The more money that you put into your premiums, the lower your expenses will be.

JC Demo Insurance Group Can Assist You

We are committed to providing excellent customer service to all of our clients in Matthews, NC and the surrounding areas. If you are interested in a variable life insurance policy, our agents will discuss all of the details with you, so that you can make an informed decision. Contact us at your earliest convenience or visit our website.

When you go into business for yourself, you have numerous things to accomplish including insuring the business against loss. This basic of business continuity requires knowledge of the many policy types though because commercial insurance offers a wide variety of kinds of coverage.

Typically, you obtain a business owner’s policy (BOP) to cover your liability and general damages to your storefront or office environment. You can purchase the components of a BOP separately as property and liability insurance. If you hire employees, you will also need workers’ compensation insurance. Otherwise, you will need specialized policies to cover various aspects of your business.

Here is what each policy type does. 

• Automobile Insurance: provides liability and property damage coverages to the vehicles in your fleet and damages caused by your employees when driving a fleet vehicle.
• Boiler and machinery insurance: also called equipment breakdown insurance, this covers repair or replacement of boilers, business machines, equipment plus pays for the business interruption losses.
• Builder’s risk insurance: also called construction insurance, this covers your structure as it gets built.
• Business interruption insurance: pays for the real property expenses resulting from a named peril as well as lost income.
• Crime insurance: reimburses your business from loss from property crimes including burglary, robbery, and theft.
• Debris removal insurance: this policy pays for removing debris following a named peril such as a fire.
• Directors’ and officers’ liability insurance: Corporations and non-profits obtain this insurance to cover the costs of lawsuits involving their officers and directors.
• Errors and omissions ("E & O") insurance: most common among manufacturing firms, attorneys, and medical practitioners as well as publications, it pays for failures or mistakes causing third party injury. The mistake must be inadvertent, not intentional.
• Glass insurance reimburses you for the replacement of broken windows and plate glass on your commercial buildings.
• Inland marine insurance: a typical insurance type for dry cleaners and shipping services, it pays for damage to property in transit and third party property at your business.
• Liability insurance: pays for injury or damages to third parties. 
• Malpractice insurance: also called professional liability insurance, covers losses stemming from third party injury due to a professional not meeting the appropriate standard of care. Also, it covers attorney fees.
• Ordinance or law insurance pays to have a building demolished and rebuilt to code when the structure has been partially destroyed. 
• Property insurance: reimburses you for damage to real or personal property.
• Tenant’s insurance: a requirement of many landlords as a stipulation of a commercial lease, this policy covers repairing damages to the lessee’s improvements and building damages caused by the lessee’s employee negligence. This differs from renter’s insurance which covers your property and belongings.
• Workers’ compensation insurance: this policy pays for medical care and time off from work due to injury or illness from the workplace.

Avoid the confusion by speaking with an insurance agent from JC Demo Insurance Group today. We serve the Matthews, NC area.