Month: June 2021

Here at AFI Insurance, we know that you have hobbies. And we want to protect those passionate activities from risks. Serving the Denver, CO area, we want to help you to find the right specialty insurance policy for you. So you can get back to doing what you love knowing that you and your hobbies are covered.

Specialty insurance covers items or events that are… well, special anyway. These items are rarely covered by common insurance policies. Specialty coverage can vary, depending on what you and your situation require. It can cover accidents or some damages to your power sport vehicles. It can even cover houses with aged roofs.

Perhaps an unknown benefit of specialty insurance is that it can protect you from lawsuits. This is especially beneficial if you own a business or use your home as a business. Specialty insurance can help financially in the event that there is litigation against you or your business for a variety of accusations.

One of the biggest myths about specialty insurance is that it is overly expensive. And that is just plain not true. At AFI Insurance, we want to find the right policy for you and your needs according to your budget too. We know that some things are special to you, and we want to cover those specialties. By speaking with one of our agents, you can explore your options for specialty insurance coverage and find the right fit for you.

To find out more about specialty insurance or to find the right policy for you, please contact us at AFI Insurance, servicing the Denver, CO area. We are happy to answer any questions you may have about specialty insurance, the advantages it can have for you, and explore your coverage options.

Financial planning insurance is a sound plan when you reach that point in life where you begin to wonder how you will cover the cost of living after you retire. The planning doesn’t necessarily need to cover your retirement plan, but it can function as part of it. You may begin planning financial planning insurance to supplement a future pension for example, or to serve as an income stream in lieu of one.

You may also just want some extra coverage in the event that you lose your job today. There is always private insurance available for every life event.

Life Insurance

There are two kinds of life insurance for financial planning. Term life insurance pays benefits to beneficiaries in the event that you pass away. Whole life or permanent life insurance serves as an asset and can pay dividends to you during your lifetime. 

It can also be borrowed against as an asset if you need funds down the road. There is also a lump sum payment available to beneficiaries after you die.

Critical Illness Coverage

This kind of insurance is exactly what it sounds like. This is an insurance policy that will cover you if you get ill and have to quit work or take some time off. 

There are certain illnesses that this insurance policy will cover you for. If you have a pre-existing condition, you may still be able to get insurance. You will just have to pay a little more for it.

For many critical illness coverages, you get a one-time payment that is tax-free.

Long-Term Care Insurance

Long-term care insurance is a kind of financial planning that will cover long-term care such as nursing homes or in-home care. Long-term care insurance provides coverage and benefits that can support you if you need to move or need care in the home. 

You do not need to be a certain age to claim this. If you have an accident or need long-term care, you can make a claim on your long-term care insurance.

Get a Quote

There’s insurance for everything, but good financial planning begins with insuring yourself in the event of life’s crises. At AFI Insurance, we want Denver, CO residents to feel protected for every life event, today and tomorrow. Call us for a quote for insurance that can give you some financial planning peace of mind.