Month: November 2021

Is Life Insurance Necessary?

Posted on by AgentInsure

Laurel, MD residents seeking information on life insurance should be aware of their options when shopping around. Mid Atlantic Insurance Financial highly recommends life insurance for anyone who has dependents or family members who rely on them. 

Maintaining a life insurance policy means your dependents and family members will be financially taken care of if you should pass away unexpectedly. It also provides you with the peace of mind that once you are gone, your family members will be comfortable and secure with what you’ve left behind. 

While you can try to plan your entire life, everything you want to accomplish, and the money you want to earn, at the end of the day you can’t really plan for what may happen to you. All we can do is celebrate every moment and do our best to plan and be prepared for when that day inevitably comes. 

The best way to do this is to ensure that your family is supported and financially secure. There are so many life insurance policy options that can offer your family the relief they deserve in a time of mourning. Life insurance policies can also cover end-of-life costs and expenses, including a funeral or a celebration of life. 

Rather than having to worry about getting money together for those expenses, a life insurance plan will allow your loved ones to mourn and grieve together, rather than stress about the financial burden a funeral is putting on them. 

If you’re shopping around for life insurance in Laurel, MD, be sure to contact Mid Atlantic Insurance Financial. An agent with experience can guide you through the process of selecting a suitable life insurance policy and give you peace of mind along the way.

Do You Need Commercial Insurance For An Online Business?

Posted on by AgentInsure

Suppose you have a killer internet business idea. The business plan is in check, and you have already accumulated enough funds to execute your e-business in Laurel, MD. But have you thought about commercial insurance from Mid Atlantic Insurance Financial?

Yes, your business may not have a physical location, but that doesn’t mean it’s free from business risks. Do you have an online business? Do you know the business insurance options to consider? Here are a few commercial insurance coverages you can incorporate into your business.

Cyber liability

If you have a heavy online presence, it makes sense to invest in coverage that protects your data. Whether stolen or leaked, having your data out there is never a good thing. And worse yet, recovering from a data leak can be an expensive affair. For this reason, you must invest in cyber liability insurance to take care of the below costs following an online attack:

  • Business interruption costs
  • Notification costs
  • Legal costs
  • Public relations costs
  • Negotiation costs

General liability coverage

Online and brick-and-mortar businesses must invest in general business liability to protect themselves when accused of bodily injury, property damage, and advertising injury. For instance, if your product causes harm to users, liability insurance covers medical costs and ensuing legal expenses.

Worker’s comp insurance

Do you have employees in your e-business? If yes, you must invest in worker’s comp insurance to protect your workers when accidents happen in your business. And that’s not all. This coverage covers partial loss of income when an employee can’t resume work because of injuries sustained.

Commercial property insurance

This coverage protects your business assets, including IT equipment, inventories, and so on. If you don’t want to start from scratch after the unthinkable, invest in commercial property insurance.

Protect your business today with commercial insurance!

If you are shopping or renewing your commercial insurance, look no further than Mid Atlantic Insurance Financial in Laurel, MD. We will provide you with a formidable business insurance policy that covers your business needs.