Your business in Matthews, NC is one of your most valuable assets. Why wouldn’t you want to have the best protection to prevent it from enduring financial turmoil? A commercial insurance plan is the best way to prepare for the unexpected. JC Demo Insurance Group can help you create an indemnity plan that is tailor-made to meet the unique needs of your company. Read on to learn about the three signs of a good commercial insurance plan. 

Sign #1: The policy covers income loss

You never know when an unexpected power outage will close your business for a day. A good insurance plan helps you prepare for such an occurrence by offering business income loss coverage. This indemnity option pays you for the sales you would have gained were it not for the unforeseen event closing your store. 

Business income loss is a good idea even when working from home. It only takes one bad Internet connection to thwart your workday. 

Sign #2: Natural disasters are included

A standard disaster in Matthews, NC is not included in a standard commercial insurance plan. You need to purchase additional coverage if you want to receive compensation for damage and loss related to flooding and fires caused by Mother Nature. 

Sign #3: General liability coverage is strong

Some entrepreneurs purchase just enough general liability coverage to satisfy the norm. You do yourself no favors by taking the cheap route when it comes to general liability insurance, though. It only takes one customer falling over one of your displays to cause significant financial hardship. 

It is important to note that not all commercial insurance plans are equal. Some business owners have employees and, thus, require workers compensation coverage. Other entrepreneurs are mobile services and, as such, require commercial auto insurance. 

An agent at JC Demo Insurance Group can help you find a commercial indemnity plan that best suits your company’s needs. Call them today to get started with a quote.

Death is not the most comfortable topic to discuss, but at times it is necessary. For those with dependents who count on you as their sole financial mode of support, you’ll need to get a life insurance policy. Purchasing a policy is easy in Matthews, NC. The agents at JC Demo Insurance Group can help you discover the amount of coverage you will need.

Life insurance is mainly about taking care of your family after you’re gone. How much you need will be based on your assets and the amount of debt you owe. For example, if you’re the primary breadwinner and you have an outstanding mortgage, auto loans, and credit card debt, you’ll need enough coverage to pay for all of those items, in addition to the funeral, burial, or cremation costs.

You should also consider any young children in your household. Do you need to provide for them for the rest of their lives? Not necessarily. If you can afford to do so, then yes, but otherwise they’ll need enough to get by on for a few months or maybe even a year. Think about it this way. If someone close to you died and you suddenly inherited all of their debt at once, you would feel completely overwhelmed. If that person had enough life insurance coverage to manage their debt, then you would not feel as though their death was a burden.

Talk it over with your insurance agent to find out exactly how much life insurance you need. At the JC Demo Insurance Group in Matthews, NC, their agents can help you get what you’re looking for so that you don’t have to worry about your family’s future. While you’re there you can also look into getting home, auto, or business insurance too.

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.