Month: July 2019

Commercial insurance covers a great deal more than you might imagine. That being said, there are some things that commercial insurance simply does not cover. For those that live or work in the Denver, CO area, the agents with AFI Insurance can help you find the policy that is going to work best for you.

For the most part, your commercial policy is going to cover a great deal including some repairs to your commercial structure. For those that do have a commercial policy, you are not likely to get any sort of coverage for flood or for flood repairs on your commercial policy. Much like a home insurance policy, your commercial policy is not going to cover flood simply because it is not the norm and is not super common in any one area. This means that since flood is not something that all buildings are at risk of, flood is nearly never covered on a standard commercial policy.

You can, however, add flood coverage if you live in an area where flood is possible or where flood is common. If your business is located near a body of water, in a flood plain, or in any area where flooding is possible and likely to happen, you are going to want to have some sort of flood coverage in place. This being said, taking the time to find a great policy that is going to work well and one that is going to be tailored to your company is a must. You should take the time to consider extra flood coverage if it is needed and you should take the time to make sure your policy works for you. For those that live in the Denver, CO area, the agents with AFI Insurance can help you to get your policy figured out.  

Life insurance is something that we can all benefit from. Being able to know that after we pass our loved ones are not going to struggle to pay final expenses can be very comforting. For those in the Denver, CO area, the agents with AFI Insurance can help you create your ideal policy.

Life insurance is not designated for one expense or other in most cases. When you take out a life insurance policy you are not naming what the money is to be spent on, but rather who the money is going to be paid out to and then they decide what to do with it. You can ask your family members to keep your final wishes in mind and can ask that they use the money to pay for a specific type of burial but there is no way that you personally can use your life insurance to pay for end of life expenses. A better way to go about it is to create a will that outlines what you want to be done with your body when you pass. You can then designate one person, or one beneficiary, to collect the life insurance and carry out those wishes.

You can also leave life insurance money to children, dependents, friends and more. The only stipulation is that if you are taking out a life insurance policy on another person, you have to have some sort of vested interest in them. This is to prevent people from taking policies out on strangers. The money from a life insurance policy can be used for any expense and is a great way to make sure that your family is well taken care of even after you pass. For those in the Denver, CO area, the agents with AFI Insurance can help you to get your perfect policy.