A life insurance payout can help your loved ones cope with final expenses, outstanding debt, and cover any lost income that you may have been providing. Recent retirees may be newly aware that your employer-provided life insurance policy expired when your employment ended—along with the benefits you had earmarked for loved ones. If you do wish to continue providing a death benefit for your beneficiaries, understanding your options for a separate life insurance policy will enable you to choose a plan that makes sense for you.
In the United States, every state except New Hampshire and Virginia requires drivers to carry an automobile insurance policy. Mandated coverage varies from state to state and can always be customized with options, but most basic auto policies include collision, bodily injury liability, personal injury protection, property damage liability, and comprehensive. Premiums—typically paid monthly, semiannually, or annually—are based on various risk factors, including age, marital status, credit history, vehicle type and driving history.
The summer of 2022 may see the first boom in destination travel since the onset of the COVID-19 pandemic. Many individuals and families have been stockpiling vacation funds for two years and now as restrictions lift and anxieties ease, find themselves eager to embark on luxury vacations. At the same time inflation is on the rise, meaning that the cost of travel today has eclipsed similar costs in 2019—the last summer during which travelers could move about the world unencumbered.
What brought you to the insurance industry and eventually to Eastern Insurance?
When your life changes, so should your insurance policy. Aside from an annual renewal, there are several instances throughout the year when you may want to take a second look at your policy and make some amendments with your agent. Making a major purchase, re-locating, expanding your family, and even completing some DIY projects around your home are all events when your current coverage may not be enough. An insurance review can provide peace of mind in knowing that your family and your assets are protected should the unexpected happen.
Home insurance claims are filed 365 days a year, but did you know that 51% of them are filed in the winter months? From frozen pipes to slips and falls, wind damage, and more, your risk of experiencing an accident is more likely from December through March in New England. The best way to reduce your risk is to take preventative measures and always be mindful of potential dangers.
Whether you just made your first big purchase and need to obtain an auto insurance policy, or you’ve been working with your local agent for decades, there is a lot of insurance jargon written into your policy that you may not be familiar with. The first step in understanding your coverage and making sure it fully suits your needs is to learn the language.
In 2009, there were 12.4 million ransomware attacks reported. In 2021, that number has skyrocketed to 812.67 million, with 92% coming through email. As we continuously shift to a technology-driven society, these numbers are only expected to rise along with the cost to individuals and businesses who fall victim to an attack.