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How to Choose a Business Loan in Nassau County, NY
Business loans can prove to be useful in numerous ways, from paying bills to investing in new technology. When the economy moves into periods of uncertainty, it’s important to maintain either a credit line or have access to lending options. If you need to pay a commercial mortgage in Nassau County, NY, or apply for a traditional small business loan,
Understanding the Differences Between Stacked Vs. Unstacked Auto Insurance
Stacking insurance, in simple terms, means combining coverage. While stacked insurance covers bodily injury, unstacked insurance is limited to covering just physical damage. Stacked bodily injury car insurance extends your standard auto insurance policy when your plan includes uninsured motorist (UM) coverage and underinsured motorist coverage (UIM). This stacked coverage is useful when the at-fault driver lacks sufficient insurance to
Lost Your Employer-Sponsored Health Insurance During COVID-19? Here Is What You Need to Do Next
Did you know that about half of the U.S. workers had health insurance through their employers before COVID-19? Unfortunately, when many people lost their jobs during the shutdown, they lost their employer-sponsored health insurance as well. Here’s a look at what you can do if you have lost your employer-sponsored health insurance coverage during COVID-19. If You Recently Lost Coverage
What to Do When You Are Denied Life Insurance in Nassau County, NY
Purchasing life insurance in Nassau County, NY can be a challenge for some people since every insurer has its own method of selecting clients. Generally, the plan of action to ensure you enroll in a life insurance policy is to keep trying to apply with different insurers. Here are answers to some of the questions you may have about how
What Is a Surety Bond?
Surety bonds are legally binding contracts between three parties. It is a promise to be liable for the debt, default, or failure of another. One party (the surety) guarantees the performance or obligations of the second party (the principal) to the third party (the obligee). In essence, a surety bond is used to ensure government contracts are completed, to cover
6 Powerful Benefits of Life Insurance
In case you die unexpectedly, your life insurance policy would provide a financial safety net for your loved ones. According to the Insurance Information Institute (III), the two main types of life insurance coverage include term and permanent life insurance. Permanent policies usually have two key elements: death benefit and cash value accumulation. Cash value is the part of your
A Quick Guide to Business & Asset Protection Insurance
What Is Business Insurance? Business insurance helps cover the costs of damage and liability claims incurred by your business. Your provider pays for the repair or replacement costs of damages caused by fire, theft, vandalism, and bad weather. Medical expenses are also covered if a visitor gets injured on your property. Overlooking this important business plan can cause you to
5 Most Important You Need to Know Before Buying a New Home in 2021
Owning a home is a dream for many, but getting the right mortgage deal can be taxing. Many are willing to invest their hard-earned money into a brick-and-mortar structure and then customize it to make it their own. There are several benefits of owning a home instead of renting one. This includes building equity in an asset that can increase
A Basic Guide to Surety Bonds
What Is a Surety Bond? A surety bond is a legally binding contract in which three entities are involved: The principal – the person who needs to fulfill the contract. The surety- the person who acts as a guarantor on behalf of the principal. The obligee- the person who owns the contract. The surety extends credit to the principal so
Commercial Insurance for Your Ecommerce Store: What You Need to Know
Commercial insurance is much-needed protection for your e-commerce business. Understanding and possessing the right commercial insurance coverage can give your e-commerce business an edge and protect it against unforeseen circumstances. Ecommerce businesses come with many risks, such as product liability issues, cyber risks, and professional liability concerns, which can be mitigated with the right commercial insurance policy. Of course, there
