 Retail & Distributors |
Renters Insurance Apartment renters need special insurance to protect their belongings. This type of insurance covers your personal property at home and away form home. The policy insures your personal effects against 17 perils including: smoke, fire, lightening, burglary, vandalism, riot or civil commotion, explosion or electrical surge damage, windstorm or hail, falling objects and other similar hazards. You’ll also receive financial protection against claims or suits brought by others for accidental bodily injury or property damage suffered while in your apartment. The policy covers all members of your family and your pets. If an accident with Fido leads to a lawsuit, you’ll be covered by your Renters insurance. Keep in mind, some insurance companies are skittish about writing policies for owners of certain ferocious breeds such as Rottweilers, pit bulls and Doberman Pinschers. You might be able to save some money on your premiums if you haven’t had any claims in the past three years, if you home has smoke detectors or fire extinguishers, if the home is less the 10 years old, if you’ve installed a burglar alarm or deadbolts, or even if you’re a senior citizen. This policy provides exactly the same coverage, as homeowner with the exception there is no coverage for a building. Be sure to ask about any other discounts when you’re getting a quote. Contact us at Assurance Insurance Agency or give us a call today at 1-800-897-1395.
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 Food Service |
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 Auto Garage |
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 Contractors |
Renters Insurance
February 6th, 2012 No comments »
Home Owners Insurance
February 1st, 2012 No comments »
| Homeowners Insurance There are six basic types of home insurance policies. Regardless of what state you live in, except Texas, the policies are very similar. Each is defined by the perils it covers. The HO1 Policy covers the basic home and it’s contents. The dwelling itself is covered and all personal property is guarded against losses from eleven types of perils. If your home burns down or is struck by lightning, you are insured against the loss. Other disasters covered include windstorm, hail, volcanic eruption or an explosion. If your home or property is vandalized or if you are robbed, the insurance company will reimburse you for your loss. Your home is also protected against damage from riots or civil commotion. And if any vehicles or aircraft do damage to your property, you will be paid an amount equal to the cost of rebuilding. If you have a mortgage on your home, you are required to have home insurance. These policies are usually very basic and you may want to consider adding special provisions for valuable personal items, such as jewelry or computers. Many homeowners add coverage against natural disasters not covered in the basic policy, such as earthquake or flood. Contact us at Assurance Insurance Agency or give us a call today at 1-800-897-1395.
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 Personal Insurance |
 Professional & Office |
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 Pawn Shops |
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 Oilfield Service Work and Oil & Gas Mfg |
Whole Life Insurance
January 25th, 2012 No comments »
Whole life insurance is a permanent level of insurance protection. It is in effect from the policy issue to the death of the insured. This type of life insurance carries level premiums, level benefits and cash values. Whole life insurance combines insurance protection with a savings element. The policy’s cash value builds, increasing each year the policy is in force. This is often referred to as the “cash surrender value”. The amount of the policy’s cash value depends upon 3 factors: The face amount of the policy. The duration and amount of the premium payments. How long the policy has been in effect. Whole life insurance was designed to mature at age one hundred. The number 100 is an actuarial assumption, because every insured is presumed to be dead by then. For those who are lucky enough to live to age 100, the company will issue checks for the full value of the policy. Another benefit of whole life insurance is the fact that the policy owner has access to a ready source of funds that he can borrow at reasonable rates. Contact us at Assurance Insurance Agency or give us a call today at 1-800-897-1395.
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Retail & Distributors |
Food Service |
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Pawn Shops |
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Personal Insurance |
Term Life Insurance
January 17th, 2012 No comments »
| Term insurance provides protection for a limited number of years. It will expire without value if the insured survives the stated period. That stated period can be one or more years, but usually policies are written for five to twenty years. Term insurance is the simplest type of life insurance plan. Term life insurance is also called “temporary” life insurance because it provides protection for a short amount of time. Most families buy term insurance to cover the years when children are young. Term policies can be written to provide coverage from their issue date until the end of the year specified or they can be written to cover the insured until he or she reaches a certain age. There are two basic forms of term insurance. Level term offers a level amount of protection for a specified period and then the policy expires. Decreasing term insurance offers benefit amounts that decrease gradually over the term of protection. Most term policies should also offer the option to renew at the end of the period and an option to convert to a whole life policy.
Contact us at Assurance Insurance Agency or give us a call today at 1-800-897-1395.
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Retail & Distributors |
Food Service |
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Pawn Shops |
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Personal Insurance |
Variable Life Insurance
January 10th, 2012 No comments »
| Variable life insurance is permanent life insurance with many characteristics of traditional whole life insurance. Policyholders of variable life insurance select how the cash values will be invested. The cash value will, naturally, fluctuate in relation to the investment performance of the equities selected. Consequently, the cash value is not guaranteed, as it is in traditional whole life insurance. The cash value of the variable life policy becomes a part of the death benefit. A minimum death benefit equal to the face amount of the policy is guaranteed. Because there is a risk involved with variable life insurance, the federal government has labeled it a “security”. State insurance departments and the Securities and Exchanges Commission regulates it. For more information on variable life contact us.
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Personal Insurance |
Professional & Office |
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Pawn Shops |
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Oilfield Service Work and Oil & Gas Mfg |
Happy New Years from everyone at Assurance Insurance
January 2nd, 2012 No comments »
Happy New Years from everyone here at
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Contractors |
Auto Garage |
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 Metal Goods |
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Oilfield Service Work and Oil & Gas Mfg |
Universal Life Insurance
December 27th, 2011 No comments »
| Universal life insurance is a variation on whole life insurance. It has considerable flexibility, but consider it a type of term insurance with a policy value fund attached. This type of policy allows the insured to determine the amount and the frequency of premium payments. It also allows policyholders to adjust the policy face amount, up or down, as needed. As a result, one policy serves through all kinds of changes in circumstances. Universal life has an insurance element, a savings element and expense element. Each month, a mortality charge is deducted from the policy’s cash value account for the cost of the insurance protection. This charge may also include an expense or loading charge. As premiums are paid, the cash value accumulates, interest is then credited to the policy’s cash value. As long as the cash value account is sufficient to pay the monthly mortality and expense costs, the policy will continue in effect. One other distinguishing factor of a universal life policy s the fact that partial withdrawals can be made from the policy’s cash value account. And the policy owner may surrender the policy for its cash value at any time.
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Retail & Distributors |
Food Service |
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Pawn Shops |
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Personal Insurance |
Happy Holidays from everyone at Assurance Insurance
December 14th, 2011 No comments »
Certificates and Bonds
December 6th, 2011 No comments »
Certificates and Bonds are a very important part of your insurance program. We recognize the importance of working on your schedule, not ours, and provide you with the ability to request both 24 hours a day, 7 days a week. Your requests will be processed, and you will receive a confirmation within 24 business hours.
To make certain your requests are correctly and promptly processed, there are several simple things you can do.
Be sure to send us your request at least 2 hours prior to your deadline.
Make certain we always have either an email address or fax number for the Certificate Holder.
Provide all special requirements or endorsements required. If you have any question on the requirements, please email or fax us a copy of applicable contracts and we will review them for you.
Oilfield Services or Oil & Gas Manufacturing
November 28th, 2011 No comments »
Getting the right insurance for Oilfield Services or Oil & Gas Manufacturing can be tough. We at Assurance Insurance are committed to getting the insurance you need without selling you things you do not need.
Quality of your insurance policy is not judged by the cheapest price.
Let us show you the difference.