What are the Primary Benefits of a Whole Life Policy?

Agents at the Sanford Group work to provide residents living in Ball Ground, GA the best options when it comes to different types of life insurance policies. Whole life policies can be more expensive than term life policies but the benefits they offer are more tangible and provide more substantial relief.

Substantial Payouts

Whole life policies are written to cover the entire life of the insured. Whether you live six months or 60 years after the policy is put into effect, you will receive the maximum payout. You may also be eligible for a double indemnity payment if you choose to include it and die in an untimely accident.

Supports Your Family

The payouts from a whole life policy are meant to be substantial enough to support your family without your earnings for at least two to five years. If you pass while your children are still young, you want to ensure they are able to maintain their current lifestyle for as long as possible.

Final Expenses

Another reason for any type of life insurance policy is to pay for your final expenses. Whether you have a basic, no-frills funeral or one that is completely extravagant, the benefits from your life insurance will be used to pay off your final expenses.

In Ball Ground, GA, the agents at The Sanford Group are available to answer your questions and make sure you have the information you need to make a sound choice when choosing your life insurance policy. Call to schedule your consultation today. You will meet with an agent who has the answers to all of your questions and can address your concerns.

 

Small Business Insurance: What Is It, And Why Do I Need It?

As a small business owner, entrepreneur, or startup, you already face numerous challenges. Defending the Ball Gound, GA business you have worked so hard to build against costly and time-consuming claims, lawsuits, and legal battles shouldn’t be one of them. At the Sanford Group, we care about protecting small business owners. Here’s what you need to know. 

What Is Small Business Insurance? 

Small business insurance is a type of insurance policy specifically tailored to a small business owner’s needs. Every small business should have the protection of small business insurance coverage, yet many business owners aren’t sure what type of insurance or coverage is best for their type of business or industry.  

What Types of Small Insurance Policies Are There? 

There are several types of insurance coverage that are essential for small professional service providers, but the top three are general liability insurance, professional liability insurance, and a business owners policy. If your company has even one employee, you should also consider workers compensation insurance. 

Why Do I Need Small Business Insurance? 

Small business insurance will protect your Ball Ground, GA business against a variety of perils. For example: 

  • General Liability Insurance – This coverage protects you in the event of injuries to others, physical property damage cause by your company, as well as protection against claims of slander and libel.  
  • Professional Liability Insurance – This coverage protects your company from claims that you failed to perform services, or were negligent in performing them. Also called errors and omissions insurance, this unique type of coverage insures the actual services your business provides.  
  • Business Owners Insurance – If your business owns your own buildings or property, or owns valuable equipment, this insurance coverage includes general liability, and will protect you against damage to your own property or equipment. 

It is important as a small business owner to partner with an insurance carrier that understands your business. Call The Sanford Group today to learn more about how small business insurance can give you peace of mind.