How Life Insurance Can Protect Chronically Ill Loved Ones

There are many steps you can take to help make the lives a chronically ill loved one easier. When it comes to financial strategies designed to protect them in the future, purchasing life insurance may be the most sensible decision that you can make. It can give you both the peace of mind necessary to ensure that their needs are met even if you pass away unexpectedly.

Give Your Loved One Security

It is a major challenge to care for a chronically ill person, which is why you should take any measures you can to deal with the treatment and to also secure the funding they need for future care. You can help accomplish this by purchasing life insurance. When choosing between whole life and term life insurance, it is wise to purchase whole life because you can build a cash value that can be borrowed against in the event of a medical emergency if necessary. In addition, it will secure funding for them if you pass away unexpectedly so they can continue to pay for their medical expenses. If you have a loved one who is chronically ill, you should consider purchasing a life insurance policy now so you can guarantee a secure future tomorrow. 

Finding The Right Policy

Finding the right life insurance policy to fit your needs can be tricky unless you have the assistance of a licensed life insurance agent. When searching for a compatible policy, you should seek the help of a reputable insurance agency that employs agents will experience and insight. If you live near the Suwanee, GA vicinity, you can count on Insurance Pro Group Inc. to give you the one on one attention you need to find policies that will give you and your loved ones the security you need. 

Residents in the Suwanee, GA area should call or stop by the Insurance Pro Group Inc. office to speak with a representative to discover what options they have. Get the coverage you need to ensure your loved ones have the protection necessary to treat a chronic illness. 

Auto Insurance Basics

When you purchase auto insurance, you might get tempted to only purchase the state minimums, especially if you do not know what each of the means. This blog from 
Insurance Pro Group Inc. of Suwanee, GA explains the types of auto insurance and what each covers, so you know what PIP, collision, comprehensive, uninsured/underinsured driver coverages provide.

Typically, you have the option to purchase seven types of auto insurance coverage. You can add any combination of these six to a single policy to protect your vehicle. 

Liability
Your liability coverage pays for damages to other parties when you are at fault. All states require this, so if you drive beyond Georgia’s borders, you still need this coverage. This coverage applies whether you drive your own vehicle or one owned by someone else as long as you have their permission.

Property Damage Liability
When you are at fault in an accident, property damage liability pays for the damage you caused to someone else’s property. States also require this. It may carry a deductible.

Bodily Injury Liability
Bodily injury liability covers the medical costs related to injuries suffered by other parties in an accident in which you’ve found at fault. It reimburses or pays for the other individual’s medical bills, physical therapy, occupational rehabilitation, lost wages, attorney and court costs, funeral expenses, and pain and suffering.

Comprehensive
When you hit something such as a deer or a cow, comprehensive covers the damages. It also covers weather damage like that caused by earthquake, fire, flood, hail, hurricanes, and tornadoes. If your vehicle gets stolen or vandalized.

Collision
Collision coverage pays for repairs when your vehicle collides with another stationary object. That might be a parked vehicle, building, fence or guardrail, etc. Some policies include potholes. This pays to replace your car at its current value if it gets totaled.

Personal Injury Protection (PIP)
Think of Personal Injury Protection as no-fault coverage. It covers what bodily injury liability coverage does not and it provides coverage for you, your designated driver and your passengers.

Uninsured/Underinsured Driver Coverage
Uninsured driver coverage pays for your damages and medical costs if your vehicle gets hit by another driver who does not have insurance or has too little insurance to completely cover your loss. It pays for medical expenses, property damage and lost wages. It sometimes covers car rental while you wait for your insurance payment.

Come by and see us at Insurance Pro Group Inc. of Suwanee, GA to discuss your auto insurance needs. We can help you determine what coverages best suit your needs.

Don’t Let Mother Nature Get You Down: Commercial Insurance Protection

Business owners understand that being off-line, even for a couple of hours can have a serious impact on production. Imagine the negative consequences if your business is forced to close due to a natural event such as a severe storm. Make sure that you have the coverage that you need well in advance of any disruption. The folks at Insurance Pro Group Inc. are here to assist the business owners in the greater Suwanee, GA area with all of their commercial insurance needs. Let us review your policy for completeness and advise you of any additional protection that may be available to you.

Protect Your Business from Mother Nature’s Wrath

If there is a force of nature that causes damages to your business you can protect yourself with commercial insurance. There are policy protections available for damage to your structure, loss of inventory, and business interruption insurance. Interruption insurance coverage can mean the difference between being able to get back on your feet after a storm or other event and having to close because your business is off-line for too long.

There is no need to have to single-handedly carry your business after a loss when you have the right coverage. Policies are available that include coverage for many natural weather events, although they may come as an additional policy. Your commercial insurance portfolio should include all of the policy types at the correct levels to keep your business viable, no matter what Mother Nature throws at you.

Interested in learning more about the comprehensive commercial insurance options that are available to business owners in the greater Suwanee, GA area? Contact the friendly agents at Insurance Pro Group Inc. today to schedule a consultation. We look forward to working with you!

Do I stll need home insurance if I don’t have a mortgage?

Owning a home gives you a lot of security and a lot of stress. So many things can go wrong and all of them are expensive. Sometimes it may seem that having to pay for home insurance is just one thing too many. When you have a mortgage, your lender requires that you have home insurance to protect their investment. But once you pay off the mortgage, it may be tempting to let the insurance lapse and save the money you were paying for your premium. Before you make such an important decision why not talk to the experts at Insurance Pro Group Inc. of Suwanee, GA and go over all the options.

Home insurance protects your investment in your future. Life is full of uncertainty and things can happen that would destroy the value of your home. Consider the results of a lightning strike on your home. A fire might start that has the potential to turn your home into a pile of rubble in minutes. If you have home insurance, you will have the money to rebuild and to replace the contents of your home. If you choose to let your home go without coverage, you may have not only lost your home temporarily, you will have lost it forever.

The amount of money that you pay for a premium will seem small compared to the replacement cost of your home, furnishing, clothes and mementos. Even if you can afford to rebuild, your savings will have taken a severe hit.

Your home insurance also has liability insurance that protects you against legal action against you should someone be hurt on your property or off your property by a family member or pet. Being sued can be very costly and without insurance, you will be personally responsible for all the costs as well as any judgment against you.

Home insurance is something that protects you in so many ways that it is worth the cost. Why not stop by and talk to the agents at Insurance Pro Group Inc. in Suwanee, GA. They can help you find the protection you need at a price you can live with.

 

When is it time to drop collision coverage

Auto liability insurance is mandatory in Suwanee, GA for the minimum required by law. To see the minimum requirements you can visit the state of the Georgia Office of Insurance and Safety Fire Commissioner’s website.  Liability is insurance that protects other people and their property from you through negligence or fault. Collison is the insurance that covers your vehicle.

The agents at Insurance Pro group will explain the two kinds of insurance that cover your vehicle, comprehensive, which protects you from theft, fire and vandalism and collisions which provides coverage so that you can have your vehicle repaired in case of an accident. Collison insurance is not required by the state of Georgia, however, if you have a loan on your vehicle, it may be required by your lender.

Assuming that you have paid off the loan on your vehicle and own it outright, do you need to keep collision insurance on it? This is not as simple a question as it seems. Several things need to be considered. First, what is the value of your vehicle? If it was damaged, how much would the insurance company pay to repair it? If the car has a low value, it may be considered a total loss. You need to take a good look at your policy deductible and what you are paying for the coverage. What would you do if your car became a total loss, would you be able to purchase another car?

If you retain the collision coverage the money you receive for your lost car could provide the down payment on a new vehicle. You don’t however, want to pay more than your car is worth. If you live in the Suwanee, GA area, the agents at Insurance Pro Group Inc. can help you to decide what is best for you. Call their office to make an appointment or just stop by, they have the knowledge to help you make the right decision.

It’s time to look into comprehensive commercial insurance to protect your inventory

Owning your own business is more than a full-time job and requires protection that comprehensive insurance policy can provide. If you are seeking protection for your business including your inventory, it’s time to review your commercial policy. Business owners in the greater Suwanee, GA area have come to rely on the team at the Insurance Pro Group, Inc. to help them establish the insurance portfolio that covers all of their commercial needs. 

Make sure your coverage meets your inventory protection needs

When you first chose your commercial insurance policy, you may have been just starting out in your business. As your firm grows, your coverage will need to grow along with you. Inventory levels can ebb and flow throughout the month or can vary depending on the time of year. If your inventory is at various levels during the year, make sure that you have protection in place to cover the highest level of stock on-hand. You cannot average the annual inventory to determine your coverage level. You need to have the protection that will cover the highest amount of product that you will have on hand at any given time. Don’t make this costly mistake! 

We recommend that business owners have their commercial insurance policies reviewed regularly to ensure that the proper level of coverage is in place to protect the business in the event of loss or damage to your commercial property.

Is it time for a comprehensive review of your commercial insurance policy? Make sure that you have the coverage that you need to protect your inventory and other business assets. If you are in the greater Suwanee, GA area, call the team at Insurance Pro Group, Inc. today to schedule your consultation.

3 Benefits of Commercial Insurance

Simply put, commercial insurance is a type of coverage that protects businesses, business owners, and employees. If you are interested in learning its various benefits, keep reading. 

Lawsuit Protection

In an age in which lawsuits seem to be becoming progressively more common, making sure your business is protected is essential. By purchasing a high-quality commercial policy, you will be able to pay for things such as costly medical bills and other fees that may be requested. By settling this through your insurance company, you can prevent yourself from losing time and money on a lawsuit. 

Employee Protection

On another note, your employees are one of your most valuable assets. Therefore, you need to ensure they are protected as well. If an employee becomes injured or some other major issue occurs, your commercial coverage will allow you a way to help your employee without losing lots of money in the process.

Contracts

Last but not least, if you are making contracts with other companies or vendors, commercial insurance may be required. Some companies are reluctant to do business with other companies they do not feel are reputable. Lacking commercial insurance may make your business appear to be such a company. However, by purchasing a commercial policy, you will not have to worry about issues such as these.

Overall, for residents of Suwanee, GA, purchasing commercial insurance is not only a good idea, but it can be simple too. By contacting Insurance Pro Group, Inc., you will be well on your way. Email us, call, or stop by the office in Suwanee, GA. An independent Insurance Pro Group, Inc. representative would be glad to assist you.

What Life Insurance Policy Is Right for You?

Determining the right life insurance policy in Suwanee, GA between permanent and term is a personal decision that should be based on the financial needs of your beneficiaries and your financial goals. An agent at Insurance Pro Group, Inc. can help you weigh the pros and cons of each policy.

  • Term life insurance will provide death benefits only and will only pay the benefits if you die while the policy is in effect. It’s the most affordable insurance to buy but does get more expensive as you age. It will only be in place for a specific term, but it can sometimes be converted to a permanent life insurance policy.
  • Permanent life insurance will cover you for life and can also provide cash accumulation that builds throughout the policy. It does take about 12 to 15 years to build up cash value, and you typically do need to have a health exam to qualify. It could be more expensive than term life insurance but could save you money throughout the life of the policy.

When deciding between the policies, take account of your current age, financial needs of the family, current state of your health, age of children, any plans for funeral or death expenses, your existing debts and mortgage, the need for additional retirement savings, and your feelings on paying into a term life policy and possibly never getting any money back. By adding up your living expenses, current mortgage, debt, and children’s education costs, you can see how much life insurance you should have. If you are in your 30s, have young children, and are the breadwinner, then a term life policy that would cover your financial obligations could be a good idea. However, if you are 60 with children that are grown, then your needs are different, and you may want a permanent policy that could provide for your spouse, or just a smaller term policy to cover any final expenses.

Contact Insurance Pro Group, Inc. serving Suwanee, GA, to get a quote on life insurance. 

Are There any Changes in 2019 to Georgia Auto Insurance?

As the year is wrapping up, we want to remind you about the importance of insurance to protect both you, your property, and family. At Insurance Pro Group, Inc., we stay up to date on all the changes in the insurance industry to keep you covered in all situations. We serve Suwanee, GA and the surrounding areas with insurance coverage for all parts of life. We want to help protect what is important to you on the road and off, so call today to make sure your insurance coverage is up to date in all aspects of your life. 

Georgia Auto Insurance in 2019

The good news is that after the auto insurance rate hike in 2016, not too much has changed when it comes to auto insurance rates or laws in Georgia for 2019. To refresh your state-mandated requirements, you must have liability at these minimum coverage amounts: Bodily injury at $25,000 per person, and $50,000 for multiple people in an accident with Property damage liability at $25,000 for one incident. You have the option under Georgia law if you want to add collision, comprehensive, medical, funeral, uninsured drivers, or rental insurance. However, your finance company may require more than the Georgia minimum.  

Contact us at Insurance Pro Group, Inc. for more information about your 2019 Georgia auto insurance. We proudly serve Suwanee, GA and the surrounding areas with quality insurance. Keep in mind that the lack of changes in 2019 can be seen as a good thing as it means that there are no state-mandated increases in premiums as of yet. 

Is it Time to Expand Your Commercial Insurance Coverage?

A commercial insurance policy is a great way to protect your business and the investment you have in it, but you need to make sure you have enough coverage to be protected. If you have not updated your insurance policy in a while, it may be time to take a closer look at it and see if changes need to be made. Especially if your business has grown, having an expanded level of commercial insurance may be something you want to consider carefully. But you also need to talk to an agent at Insurance Pro Group, Inc. so you can understand your options and genuinely get the coverage that matters, instead of just raising the limits of your Suwanee, GA area policy.

One of the problems that people run into with commercial insurance coverage expansion is that they raise the limits. That means higher claims would be paid, but it does not expand the coverage to other areas that may need to be protected. Seeing your business get bigger and add more people, new departments, and products are exciting. Make sure you do not get so caught up in that excitement that you do not realize that your larger business does not have the protection it really should.

Reach out to us today at Insurance Pro Group, Inc. and make sure your Suwanee, GA area business is protected the right way. Then you can truly have peace of mind as you grow, and you do not have to worry so much about what could go wrong. You will have a company and agents behind you that you can trust and feel good about, along with a policy that will keep your business financially protected as you work to make that business even bigger and better.