What You Need To Know When Calculating How Much Life Insurance Is Necessary

Life insurance is a great way to offer financial security for loved ones in the event of a covered death. Anyone who is interested in purchasing life insurance coverage must first figure out how much coverage they want to secure in addition to who the beneficiary is going to be before shopping for a policy. 

Calculating Life Insurance Needs

On average, a good number to use when calculating how many years you should provide financial support for surviving loved ones should be ten years. Of course, this number may fluctuate depending on each situation, but for people who need to have a figure in mind before shopping, ten years is a good point to estimate from. Include all of the surviving loved ones living expenses, including mortgage and even college if there are children benefiting from the policy. To get a more detailed figure, working with an experienced agent to get a clearer picture of needs is an excellent idea.

Getting The Right Amount Of Life Insurance Coverage

There is no wrong amount of life insurance protection, but it is wise to choose an amount that is rounded to the next highest amount of coverage that will provide security for ten or more years for the beneficiary. People who are considering a life insurance policy and live in or around the Ball Ground, GA area should contact The Sanford Group and let their experienced agents help arrive at a figure that will secure the future for loved ones. 

Anyone who has questions about life insurance coverage and who live in the Ball Ground, GA area can call or stop by The Sanford Group and speak with an agent to get additional details. Get the coverage necessary to have peace of mind. 

 

Does Commercial Insurnace Cover Shoplifting Losses?

If you own a business, a commercial policy is going to make a huge difference in the overall success and security of your business. Owning a business is a great thing but you can come up against things like vandalism, burglary, and shoplifting. If you have a commercial business that falls prey to shoplifting, you should consider a commercial policy very helpful. If you live in the Ball Ground, GA area, the agents with the Sanford Group can help you find a commercial policy that is going to work for you.

Commercial insurance covers a wide range of occurrences, including shoplifting losses. When you take out a commercial insurance policy you are going to be required to give both a statement as to the value of your building and the property that it is on and the contents as well. This means that you are going to be able to show inventory for what you have and are going to be able to claim if a large number of items are stolen. This means that if your business has an inventory value of $5000 and $1000 worth of merchandise is shoplifted, if you have proof that it was shoplifted you may be able to place an insurance claim to help recover the cost of these items.

If you have a business that has an inventory you need to take the time to look at your policy and see what it covers. If you live in the Ball Ground, GA area, the agents with The Sanford Group can help you to find the right policy that is going to work for you and that is going to cover every aspect of your business. If you have a business that has merchandise, protecting that merchandise is a top priority.