AZ INSURANCE TEAM BLOG

In the search for life insurance, you have most likely encountered the terms Permanent Life Insurance and Term Life Insurance. But what exactly is the difference between term and permanent life insurance? Well, let’s start by breaking down what exactly term and permanent life insurance is. Term life insurance is life insurance that is purchased for a set period of time, usually from 10, 20 or 30 year time frames. There are many benefits to purchasing term life insurance. The

We see advertisements for life insurance everywhere. But what exactly are the benefits of life insurance? Well, there are quite a few of pros to life insurance. Here are come common uses for life insurance payouts: • It covers lost income – If you or your spouse were to pass, life insurance can help to make up for the sudden loss of income. • It covers unexpected childcare costs – Even if there is no income to replace, if a parent remains at home to take care of the children,

Hopefully, you’ll never have to file a claim for your home insurance. But life is often unpredictable and knowing how to navigate the claims process can be an advantage in times of stress. How does a home insurance claim work? And how do you file one? Well, here are the steps you need to take to file a home insurance claim: 1. Ensure that everyone is safe – In the event of a covered peril (loss), such as a fire or water damage, your first priority should always be to make sur

If you have ever been in the market for insurance, you have probably encountered the terms landlord insurance and homeowner insurance. But what exactly are these? And how are they similar or different? Well, homeowner insurance, also called hazard coverage by mortgage companies, will cover quite a few things.  Dwelling Coverage – This covers the structure of your home itself and is used in the event of a covered loss.  Personal Property Coverage – This covers belongings lik

If you only have a basic knowledge of insurance you might know homeowner’s insurance and renter’s insurance, then you will know that the two cover different things. But what are some of the differences between home insurance and renter’s insurance? Well, homeowner’s insurance, also called hazard insurance by mortgage companies, covers quite a few things.  Personal Property Coverage – This covers belongings like clothes and furniture, televisions and cell phones, and just abo