Month: February 2020

Life expectancy in Colorado is 80 years for all residents collectively. That might be a high number, but not everyone is lucky enough to live that long. Life is unpredictable and there is nothing you can do about it. However, there is something you can do to mitigate this risk for your loved ones and those you are financially dependent on your income.

You must consider getting a life insurance plan. There are different types of a plan such as term insurance, in which you can get life insurance for a certain duration of time or you can opt for universal life, which will cover you for life. There are other options available too but keep in mind that the more you delay getting a life insurance plan, the older you get and therefore it is going to get more expensive.  

There is no good time to wait and get a life insurance plan. The only good time is right now. You just can’t predict when your demise will come. Typically, death is not a topic people like to discuss or think about. However, if you are really thinking about it, it is an inevitable event in everyone’s life. Why not embrace it? Why no plan for it? Why not getting life insurance now?

Alliance Insurance Services, serving Arvada, CO, is a licensed and reputed agency that can help you decide on what type and limits of life insurance you should get. They will provide you with education on the topic so you can make an informed decision and therefore have the peace of mind to know what exactly is covered in case you pass away. The contact details for Alliance Insurance Services, serving Arvada, CO, is available on their website. Let them help you protect your loved away in case you are not there to protect them.

Owning a business comes with many responsibilities and one of those is to ensure that you have the proper commercial insurance policy in place but what exactly is commercial insurance?

Commercial insurance is essentially an insurance policy that protects you and your business from unexpected circumstances. There are three main types of commercial insurance, including property insurance that covers your equipment, building, and office areas, general liability insurance that protects you and your business if there is damage or injuries to a third party, and worker’s compensation that covers medical costs for employees if they are injured on the job.

Commercial liability encompasses several issues and is the most important part of commercial insurance coverage. Whether you own a small pizza shop or a large plastics manufacturing company, your business needs to be covered under commercial liability insurance.

This type of insurance covers the injuries a person may suffer, or damage to their property if it occurs because of you or one of your employees while you are working. Also, if a person visits your store, office, work area, or shop and is injured, your commercial insurance policy will cover the costs of their medical bills and other expenses. If the products you produce causes an injury to someone, your commercial insurance policy can help cover the medical expenses of that person.

Sometimes businesses can get sued for a variety of reasons, including when someone is injured on your property or because of one of your employees or equipment. Having a commercial insurance policy in place will give you the peace of mind you need to focus on growing your business to success without the worry of a catastrophe happening.

In Arvada, CO, contact your experienced agents at Alliance Insurance Services for all of your commercial insurance needs.