Month: May 2020

Protecting Your Family with Life insurance

Posted on by AgentInsure

Life insurance is one way to protect your family’s financial future.  You will have the peace of mind that your children will be protected if you or your spouse pass away.  Many people wonder if they will be able to cover the cost of a funeral and any final expenses.  Children will need money to complete their education.  Also, you may be wondering if you can designate funds for a charity that you support.  All of these things can be taken care of with a life insurance policy.  At Mid Atlantic Insurance Financial, our team works with people throughout the Laurel, MD area to understand how life insurance can safeguard their families. 

Deciding on the type and the policy amount requires some consideration.  Your agent will be able to help you with information so that you can make informed decisions.  Inflation and estate taxes will need to figure into your decision-making process.  Term life and whole life are the two types of life insurance.  Both have their own merits.  Term life insurance policies are for a predetermined time period.  They are less expensive than whole life and can be renewed.  Each renewal will cost more.  Also, term life policies do not increase in cash value over time.  As the name implies, whole life policies stay in place while the policyholder is alive.  They do have higher premiums but they build cash value.  This amount can be borrowed against if needed. 

Our team at Mid Atlantic Insurance Financial can help you decide which life insurance policy option is best for you and your family.  We work with families like yours throughout the Laurel MD area.  We’ll answer your questions so that you understand your options.  Your family is important.  Contact our agents today to start protecting their future. 

A Guide To Help Laurel MD Residents Find The Right Commercial Insurance Coverage

Posted on by AgentInsure

 Mid Atlantic Insurance Financial offers different insurance policies to residents of Laurel, MD, and many of the surrounding areas. We strive to offer solutions regardless of our clients’ situation. We understand that every person has different needs and we are determined to help our clients find the right insurance coverage.

Commercial Insurance

Commercial insurance is important for a number of different reasons. Commercial insurance helps protect businesses in the event that a catastrophe occurs. Repairing serious damages to a building may cost hundreds of thousands of dollars. Having to cover the cost of large damages can have a long term impact on the future operations of a business. That’s why commercial insurance is so important. However, there are a number of different commercial insurance policies that people can purchase, which can make the process overwhelming at times. To assist Laurel, MD residents through the process here is a guide of the different commercial insurance coverages.

Liability Insurance

Liability Insurance will cover you in the event that someone gets injured. Purchasing policy will protect you against many of the common injury risks that may occur on your property.

Workers’ Compensation Insurance

Workers’ Compensation insurance covers your business in the event that one of your employees is injured on the job.

Mechanical Breakdown Coverage

Mechanical breakdown coverage protects your property in the event that the equipment starts deteriorating. You’ll receive reimbursement for the cost of repairing the property damage and all of the potential missed income while the property was closed.

Commercial Automobile Insurance

Commercial automobile insurance will cover all of your businesses’ vehicles if they are damaged or stolen.

Mid Atlantic Insurance Financial Will Help You Find The Right Policy

For over a decade, Mid Atlantic Insurance Financial has helped people find the right insurance policy at the right time. Visit our website today to get a quote.