People in Matthews, NC are living longer than they ever have before. The most recent analysis of life expectancy calculated by the state of North Carolina has shown that the average person in Matthews, NC is expected to live to be 80 years old.

Better health care, advances in disease prevention, new medicines, more attention to healthier living, exercise, and living in a great part of the country are considered to be contributors to the increase in long life.

At JC Demo Insurance Group we feel that a longer life makes life insurance more important. The length of the terms of a life insurance policy is not as important as the aim of the policy. The terms of any policy should be determined by the reason that a person has for taking out the life insurance policy.

Naturally, age does play a part in the decision about how long life insurance terms should be. We would never think to give a 70-year-old a 40-year term. This is unethical and illegal.

Our view of life insurance is asset protection. The term should be long enough to guarantee that your survivors are provided for financially. Everything that you worked to give your family should be covered and paid for so that your family does not have to worry about money if you die unexpectedly.

JC Demo Insurance Group has been helping people make decisions about how long life insurance terms should be for over 20 years.

We offer our clients an advantage because we are an independent agency. We have relationships with the best life insurance companies in the country. This allows our clients to pick the coverage that best suits their aims. We provide experienced personalized help through each step of the process. Your peace of mind is our goal.

Call us at 704 541 5155 and we will explain how long life insurance terms should be for your goals.

Basic commercial insurance covers property, liability and workers’ compensation. Yet, if you work in the housing, construction or demo business, you need an insurance policy that covers incidents specific to your industry. Your JC Demo Insurance Group agent can provide more information about the types of coverage that would benefit your Matthews, NC business. In the meantime, here is a primary of the types of policies available beyond basic commercial insurance.

Additional Commercial Insurance Coverage

Property Insurance covers losses to real or personal property. Boiler and Machinery Insurance, or "equipment breakdown," covers the breakdown of boilers, related coverage can be written to include debris removal after a fire or flood, glass insurance, and other industry-specific coverages. Talk to your JC Demo Insurance Group to find out what coverage would best protect your business. Meanwhile, business Interruption Insurance reimburses lost income or expenses caused by property damage and loss.

Ordinance or Law Insurance has you covered for costs associated with demolishing and rebuild for a partially destroyed building. (Usually 50 percent coverage) Tenant’s Insurance provides the coverage required by commercial lease agreements. 

Crime Insurance reimburses your business for loss due to theft, burglary, and robbery, and Fidelity Bonds pay for losses caused by a bonded employee’s theft of business assets. Errors and omissions insurance protects your business from damages awarded for mistakes that cause injury to another person. Meanwhile, malpractice insurance covers injuries to third parties when it’s determined the level of care fell below industry standards. Also, Directors’ and Officers’ Liability Insurance-covers the legal of lawsuits filed against directors and officers.

Commercial automobile policies cover your business fleet of vans, trucks, and cars, while Workers’ Compensation Insurance-pays for an employee’s on-the-job injuries. 

Contact Us

Contact JC Demo Insurance Group today to set up an appointment for a free quote or to purchase additional commercial insurance to protect your Matthews, NC business.

Whether you own one truck that delivers goods to the local area or you have a fleet that distributes supplies throughout the country, you’ll need to have those trucks protected with commercial insurance. Driving a delivery truck or semi-tractor trailer can introduce a variety of dangers to other vehicles on the road. If one of your drivers causes an accident, you should have the appropriate amount of insurance to cover the cost of medical bills, lawyer’s fees, vehicle repairs, and other costly incidentals.

Where Should You Start?

When shopping around for commercial truck insurance, start with independent insurance agents like JC Demo Insurance Group in Matthews, NC. Their professional agents can help provide you with a variety of carriers and insurance options. As experts, they can offer you advice based on your company’s needs, driving radius, and the number of trucks you own.

Types of Coverage

• General Liability Insurance – protects you from liability claims that may include bodily injury and property damage as a result of an accident.
• Physical Damage – gives you protection against damages that you may incur because of a collision, theft, or vandalism.
• Cargo Coverage – protects the cargo you’re hauling that may be damaged or stolen.
• Non-Trucking Liability – protects you when the driver is operating the truck for personal use.

How Much Coverage Do You Need?

According to the North Carolina Division of Motor Vehicles, businesses must have a specified amount of liability insurance for their trucks depending on their weight. If your commercial truck hauls non-hazardous materials and weights 10,000 or more pounds, then you must maintain a minimum liability of $750,000.

It is important to know what type of coverage you will need for your commercial vehicles. Contact the independent insurance agents in Matthews, NC at JC Demo Insurance Group today to receive information concerning commercial truck policies.

Life insurance coverage needs to consider the stage of the life of a person. Insurance needs will be different when a person is younger, unmarried, and just starting out, when compared to an older person with a family, or an elderly adult when all their children have grown. There are many different kinds of life insurance that can be used for protection and to build long-term value. Ask your agent at JC Demo Insurance Group in Matthews, NC to explain the various options that include: 

• Whole Life – This type of life insurance is an investment. Over time it builds cash-value.
• Term Life – This type of life insurance protects those loved ones left behind when someone dies.
• Universal Life – This is a kind of hybrid between whole life and term life. Ask your agent for the specifics.
• Mortgage Term Life – This is a special kind of life insurance that pays off the mortgage on a home if the insured person dies.

It is important to  note that there are options for coverage that can combine life insurance with disability insurance to give benefits to a person who becomes permanently disabled and does not die. 

Early Years

It is a natural thing for young people to think that they will live for a long time and therefore have no need for life insurance. However, the really smart ones see the low rates for life insurance when they are young as an investment that will help them in the future. 

Family Years

It almost goes without saying that life insurance is a critical component for protection of those that have a family.

Sunset Years

Life insurance needs may diminish as people get older because their children have life insurance of their own and they no longer rely on their parents. Some policies that have built cash value can be used for retirement funds.

The best thing to do is to develop a long-standing relationship with your agent at JC Demo Insurance Group serving Matthews, NC and the surrounding areas. Your agent can give you advice about how to plan for your life insurance needs for the different stages of life.

Owning a business is a dream for many people. When you do own a business, there are many decisions that you will have to make, one of which is picking the right type of insurance. For those that are in the Matthews, NC area, one type of insurance that may be needed for a small business owner is commercial insurance. There are several types of people that will need to have commercial insurance in particular.  

Those that Own Real Estate

The first type of business owner that will need to have commercial insurance is one that owns real estate. If you own a commercial real estate property, even if it is leased to a different business, you will need to have a commercial insurance policy. This will be able to provide you with commercial property insurance too repair or replace the property in the event it is damaged.

Those with Liability Potential

If your business has the potential to be found liable for an injury to another party, then you definitely need commercial insurance. A commercial insurance policy will typically provide you with liability insurance as well. This is especially important if you are in an industry that produces food or other consumer products, all of which have some potential to cause harm.

Employers

If your business is large enough to have employees, then you definitely need commercial insurance for workers compensation. Workers compensation will provide you with insurance in the event your employee is injured while they’re at work.

For those that are in the Matthews, NC area and are confused about their commercial insurance needs, reaching out to JC Demo Insurance Group would be a great option. The JC Demo Insurance Group can help anyone to better assess and determine their commercial insurance needs and can even provide a free quote for the right policy.  

You expect your business to be safe, but sometimes accidents just happen no matter how careful you are or how well you train your employees. Since your employees are your greatest asset, you want to do everything you can to take care of them. Workers’ Compensation Insurance helps make sure that when your employees are injured, their bills can be taken care of. When choosing an insurance policy in JC Demo Insurance Group, serving Matthews, NC, it is important to find out the requirements for your business.

Workers’ Compensation Insurance is Required in North Carolina

Any business in North Carolina with three or more employees is required to carry Workers’ Compensation Insurance, even if the workers are minors or undocumented workers. Even if the business has fewer than three employees, there is still a requirement to carry Workers’ Compensation Insurance if any of the employees’ work involves the use of radiation, or is in the presence of radiation.

Exceptions

There are several exceptions to the requirement for carrying insurance:   

1. If the business has fewer than three employees, there is no insurance requirement.
2. Domestic help and household servants are exempt.
3. Agricultural employers are exempt unless they have 10 or more non-seasonal agricultural workers.
4. Corporate officers must be included in the employee count, but do not have to be covered.
5. Sole proprietors, LLC members and partners are not automatically counted, but may choose to be so.
6. Even some truckers must be covered now, although they are considered independent contractors.

Most businesses will need to carry Workers’ Compensation Insurance. Failure to do so could result in fines or even criminal charges. You can explore your options by contacting the JC Demo Insurance Group serving Matthews, NC today.

Life insurance is something that many people in younger generations rarely think about but it may be time to start looking into it. While many people look into it later in life, there are benefits to getting it when you are younger. These are just a few of those benefits from JC Demo Insurance Group serving Matthews, NC.

1. Life insurance is cheaper the earlier you get it. When you think about getting life insurance when you are younger, you can get a lower price for life insurance. Because you are younger, many people are in better health and if you can lock in those rates now, you will save money in the long run. 
2. If you have children, you need to have life insurance. When you have children, you need to think about how you would ensure they are taken care of in the case that you are no longer here. Life insurance is a great thing that can do that for you. No matter your age, with children, life insurance should be something you invest in.
3. If you have debt, then life insurance is a good way to ensure that those bills do not become a burden on your family members if you were no longer here. Student loans are becoming more and more prevalent among younger generations making life insurance, at least enough to cover your debts, a good idea.

Life insurance, as you can see, can be a good idea for many people that are younger. It is not something that is limited to people that are older. If you think that you would benefit from a life insurance policy, now is the time to get one so you can get a lower rate. Contact JC Demo Insurance Group serving Matthews, NC.