Having a Child
Congratulations to you and your baby! When you finally get over the rush, a sense of responsibility settles in. When you begin thinking about your insurance needs now that you have a little one, you'll want to consider homeowner’s insurance and life insurance.
Homeowners Insurance for a Family
Shelter is a basic human need. You have to maintain that shelter for your child for at least the next 18 to 22 years. That means you need a home through all foreseeable and especially unforeseeable life events. A good homeowner's policy tailored for you by one of our insurance professionals will help you achieve continuous shelter.
A homeowners Insurance policy will protect:
- Your family belongings
- Your home and other living structures
- Your liability in case someone gets hurt on your property
"Peril" means cause of loss. A homeowner's insurance policy will protect you and cover your structure and belongings from damage resulting from 11 perils:
- Windstorm or hail
- Fire and lightning
- Vandalism or malicious mischief
- Damage from vehicles and aircraft
- Riot or civil commotion
- Glass breakage
- Volcanic eruption
- Personal liability
Note: Flood coverage is available on a separate policy, earthquake coverage can be added by endorsement.
Homeowners policies will also pay for reasonable living expenses if your home is deemed uninhabitable. This will continue your shelter if you're struck by a peril. Eastern Insurance will make sure you have all you need to maintain shelter for your family.
Life Insurance for Parents
What will your family do if something happens to you and your earning power is gone? That's the question you'll answer when you consult with a life insurance specialist. In fact, the purpose of life insurance is to financially provide for the people who are dependent on you, after you're gone.
Eastern Insurance can show you the best available life insurance options for parents and how to add beneficiaries to the policy. We want to help you ensure that your family will always be financially provided for, in the event of an unfortunate loss.
Life Insurance for Your Baby
It may surprise you to learn that life insurance is primarily designed for you and your spouse to ensure that your dependents are always provided for. Because of this, you probably don't need to buy life insurance for your baby. An appropriate life insurance policy for you and your spouse will make sure that your baby's needs are met.
We want to help you protect your baby in the best way possible.Contact Eastern Insurance Group LLC at 1-800-333-7234, and we will provide you with all the latest life and homeowners insurance options for your new family!