Facing a terminal illness is a stressful time, particularly when you do not have a life insurance policy. You might wonder what will happen to your family or whether it is possible to obtain coverage in the state of Texas. Although it might seem challenging, coverage in San Antonio is available after you have been diagnosed with a terminal illness.
Identify The Options
Depending on your terminal illness, the options that are available to you will differ. If you have diabetes, then you have a much higher chance of finding coverage than if you are facing a cancer with low survival rates. Working with an independent agent will provide you the opportunity to find coverage in Bexar County or Comal County.
Provide Your Information
The only way to get coverage is by providing the information requested by the company. You will need to provide medical data, information about your activities you enjoy and details about your lifestyle habits. You are more likely to obtain positive results if you do not smoke or have a history of engaging in risky behaviors. If you take measures to protect your health as much as possible under the circumstances, then you will find that it improves your prognosis and you are more likely to see favorable results.
Determine the Premiums
Although you might have options available for coverage, you should expect higher than average premiums. If you have several companies offering a policy, then take your time to compare the options and get the best rate.
The final step is deciding on a policy and paying the premiums. An independent agent can help you understand any terminology that is complicated. Depending on your situation, the amount of coverage will vary.
Although it is hard to find life insurance after a terminal illness is diagnosed, it is not always impossible. The key is working with professional agents to get the best local rates.
As a homeowner in Bexar County, Comal County and San Antonio, Texas area you may have noticed that there are several parts to your home insurance policy. You may have read the additional structures part, liability, dwelling and even endorsed coverage. The part that draws a lot of questions is the additional living expense or the loss of use coverage. Here are some things that you need to know about this type of coverage
Additional Living Expense Coverage (Loss of Use)
- The very first thing you should realize is that the coverage is a set percentage of the dwelling amount. In most cases it cannot be changed except by increasing the dwelling coverage amount.
- This coverage pays for you to live in another home while your primary residence is being repaired. In other words, if your home is considered unlivable, then the insurance company will pay for you to live some place else.
- This kind of benefit will not cover other types of damages. It is for the use of you to find another home to occupy while your home is being worked on.
- This benefit is not usually subject to your deductible since it is paid before the dwelling amount ever pays out.
- It usually will only pay out in the specified amount.
We understand that you may have a lot more questions about your home insurance product. As your independent agent we can help answer all of your questions and even evaluate your current policy to make sure it is right for you. We also offer a wide variety of other products to help better protect you and your family from financial ruin. Give us a call today and let us help you get your insurance needs squared away.
When you are trying to decide whether to buy or lease a car in San Antonio, Texas, it helps to understand how the differences will impact your lifestyle. Buying and leasing both have positives and negatives, but the best choice for your needs will depend on your situation.
An auto insurance policy is a necessity for residents of Bexar County or Comal County. Although the minimum state requirements are necessary for both buying and leasing, you may find that a leased vehicle requires additional coverage.
When a car is leased instead of purchased, the company offering the lease may require a greater amount of minimum coverage in case an accident occurs. That can add to your monthly expense, but it also reduces your out-of-pocket costs if you are facing an accident or injuries after an accident.
In most cases, buying a vehicle will have a higher monthly cost unless the full value of the vehicle is paid before leaving the lot. The monthly payment for a leased vehicle is based on depreciation values, so it is often slightly lower on a monthly basis.
The issue of ownership is clear. Buying a vehicle means that the person who purchased the vehicle is the owner. When you lease a car, you do not own the vehicle. The leasing company maintains ownership of the vehicle, though you will have the option to purchase the car at a later date if you decide you want to maintain the same vehicle after the lease contract is up.
Although the decision to buy or lease a vehicle is ultimately your personal choice, we can help you make a solid decision about the best solution for your goals. As your independent agent, we are responsible for helping you identify all of the positives and negatives between your choices so that you make an educated decision.
For those in San Antonio, Texas, having life insurance can be a very important way of providing for your family after death. Yet, it is not always easy to know if a loved one had an insurance policy in place before he or she died. How can you know if your loved one left behind funds?
To find this out, turn to any experts he or she worked with that may know. For example, a financial planner, estate planner, attorney, or accountant may have this information on hand. Turn to any insurance companies that he or she worked with to determine if any policy was in place. You may want to look through documents or files you have on hand that could verify payments towards the life insurance policy. If the policy was one through an employer, turn to the employer directly to find this information.
If you are still unable to find information, there are a few other steps you can take. You could use an MIB Group’s Policy Locator Service. If it has been some time since your loved one’s death, turn to the state’s unclaimed property database for this information.
Protecting Your Family
As you search for documentation for your loved one, keep in mind that you do not want to put your family through this type of problem. That’s why you should have a life insurance policy in place for yourself. Further, you should be sure the beneficiaries to that policy know that is exists and where they can get the paperwork for it.
For those in Bexar County, Comal County, or the surrounding area, turn to us for help. As an independent agent, we can help you to have the right policy in place. Contact us today.