Month: November 2022

As a business owner in Colorado, it’s vital to ensure you have the right commercial insurance coverage to protect your business.

Commercial Auto Insurance

You’ll need commercial auto insurance if you use any vehicle for business purposes. This type of insurance will cover damage to your car and any injuries that may occur while you or your employees drive for business purposes. Whether you have a fleet of vehicles or just one company car, talk to your insurance agent about getting the right coverage for your business.

Alliance Insurance Services can help you find the right commercial auto insurance policy to protect your business.

Business Interruption Coverage

No matter how well you plan, there may be times when your Arvada, CO business has to close its doors due to an unforeseen event. If this happens, you could lose a lot of money in lost revenue. That’s where business interruption coverage comes in. This coverage will help reimburse you for lost income and expenses incurred while your business is closed due to a covered event. Be sure to talk to your agent about what events are covered under this policy.

Commercial Property Insurance

You’ll need commercial property insurance if you own the building where your business is. This type of policy will cover the cost of repairs or replacement if your building is damaged by a covered event such as fire, wind, or theft. It’s important to note that this policy will not cover damage caused by flooding or earthquakes. If you live in an area where these events occur, you’ll need to purchase a separate policy to cover these risks.

Contact your Alliance Insurance Services representative today to learn more about commercial property insurance and how it can protect your business.

Whole life insurance is one of the two main types of these insurance policies. It’s always essential to have a life insurance policy so that you can take care of those who depend on you after you are gone. Without a life insurance policy, your heirs could face serious economic hardships. Give us a call today at Alliance Insurance Services in Arvada, CO to get a whole life policy.

Good for Life

A whole life insurance policy is called this because it is good for your whole life. It doesn’t have an expiration date like term life insurance policies do. With a full-life policy, you can keep it for the rest of your life if you choose to. When you continue paying the premiums for a whole life policy, it cannot be canceled, even by the insurance company. No matter what age you reach, you can keep your policy. Many people like this for peace of mind and to ensure they can be insured when they get older. 

A Cash Value

Another benefit to this type of insurance is that, over the years, it will build up a cash value. This cash value is an amount that the policy is worth that you can borrow against. This is very helpful to have in place just in case of a financial emergency sometime down the road. This can give you a lot of peace of mind about those types of emergencies and give you options in case one should happen to you. Building up this value takes a few years, but it can be beneficial. 

Get Your Whole Life Policy

When you need life insurance, e can help. Call us at Alliance Insurance Services in Arvada, CO to find out more about these policies.