Month: August 2024

Navigating the world of commercial insurance can be overwhelming for small business owners. At AFI Insurance in Denver, CO, we believe that understanding your unique needs is the cornerstone of finding the proper coverage. Our agents begin with a personalized consultation to get to know your business inside and out. We explore every aspect, from the nature of your operations to the specific risks you face.

Comprehensive Risk Assessment

Once we understand your business, our agents carry out a comprehensive risk assessment. This involves identifying potential vulnerabilities and evaluating the types of coverage that would best mitigate these risks. Whether it’s liability, property damage, or workers’ compensation, we tailor our recommendations to adequately protect you.

Tailored Insurance Solutions

With the information gathered, our agents then craft tailored insurance solutions that align with your business goals and budget. We recognize that every small business differs, and a one-size-fits-all approach doesn’t work. Our goal is to provide you with customized policies that offer maximum protection without unnecessary coverage.

Ongoing Support and Adjustments

Your business is constantly developing, and so are its insurance needs. Our agents at AFI Insurance are dedicated to providing ongoing support, ensuring your coverage adapts as your business grows. We regularly review your policies and make adjustments as needed so you can focus on what you do best—running your business.

Partner with AFI Insurance Today

At AFI Insurance in Denver, CO, we’re committed to helping small businesses thrive by providing the right commercial insurance products. Contact us today to schedule a consultation and let our experienced agents guide you toward comprehensive, customized coverage that offers peace of mind and security for your business’s future.

If you have aging parents, you might be concerned about whether they have adequate funds to cover their final expenses in case one of them passes away. If they don’t have any life insurance policies or savings in place, you might end up shouldering the costs. Fortunately, you can help your parents get life insurance. The agents at AFI Insurance in Denver, CO, offer a few things to consider before doing so.

Discuss Life Insurance with Your Parents

Before investigating a life insurance policy for your parents, it’s imperative to have an open discussion with them about it. After all, the parents themselves need to file the application, except when they are suffering from diseases like dementia or Alzheimer’s.

How Much Do Your Parents Need for Final Expenses?

You can offer aid to your parents in choosing a life insurance policy that meets their needs. But, before seeking out coverage, take into account that they need to invest in essential elements that include:

• Funeral costs
• Outstanding debts
• Medical costs

Choosing the Appropriate Insurance

When searching for life insurance for your parents, it’s vital to be aware of the types of policies and their differences. There are two types of policies:

• Term Life Insurance – This coverage provides protection for a specified term, which is usually between 10 and 30 years. If one passes away before the term ends, the policy’s set value is paid out as a lump sum.
• Permanent Life Insurance – These whole life policies last for the insured’s lifetime, provided premiums are paid. There are two components: a savings component and a death benefit payout. Some policies permit policyholders to borrow against these savings.

Seeking Insurance Coverage for Your Parents?

At AFI, Armed Forces Insurance, we offer our services, particularly for those who’ve served our country. Since 1887, we have been creating life insurance policies accepting military risk, and we can provide you with ideal life insurance plans tailored for your parents. Contact AFI Insurance in Denver, CO, for a free life insurance quote. We are here to serve military families with excellent service and competitive rates!