Benefits of a term life insurance policy

Term life insurance is the simplest form of insurance and the easiest to understand. The insurance covers you for a certain amount of time – called the term – and if you die in that period your family will get the proceeds of the policy.  If you outlive the term of the policy, there is no payout. It is also the cheapest form of life insurance, making it good for certain people in certain situations. Keller Insurance services in West Deptford, NJ can help you determine if term insurance is a good for you.

The purpose of life insurance is to replace lost income, so the family will not have undue hardship as a result of a death.  Stay at home parents may also benefit with a policy covering the years when the children are young.  Term policies can also be tied to a mortgage, so you family will not be forced to move out because they can no longer afford the mortgage payments if you are gone. 

There are also permanent life insurance policies and whole life policies that grow in value and pay you back at some point, with interest. These are benefits involving estate planning, while a term insurance policy is more focused just on a specific period of time. This could be a time when you or a member of your family is vulnerable and would be in a great hardship if you were to die.

Another way you might use term life insurance is if you are in a business partnership, and you and your business would be in deep trouble if one of you died. 

Contact Keller Insurance services in West Deptford, NJ, to find out how you might be able to benefit from a term life insurance policy, or any other type of life insurance policy. 

Do Pet Shops Need Commercial Insurance

If you have chosen to open up your own pet shop, it is imperative that you take into account the type of insurance you will need. Operating a pet store can get very hectic, and there are lots of supplies you will want to protect from damage and theft. Insurance is a great way to provide this protection. What you must keep in mind, though, is that there are various types of insurance for you to invest in, and depending on your exact needs, one type of policy may prove more advantageous than another type. 

Types of Insurance for Pet Stores

A general liability policy is a type of commercial insurance that will provide protection for a variety of events. This type of policy is of immense value because it tends to cover events that aren’t specifically listed in the policy, such as advertising liability. 

A business owner’s policy is a bit more extensive. It will likely cover everything from your buildings and contents to your business income. There is no major difference in the cost of these types of policies. It all depends on the specifics of your policy and your business’ history. As with any type of insurance, the more claims you make, the more likely it is that your insurance premiums will be higher. 

It is always important to speak with a qualified insurance professional to learn more about the best type of insurance for your pet store. A thorough assessment performed by a qualified agent can lead to a much better understanding of the type of insurance that will suit your business best. Contact Keller Insurance Services serving the West Deptford, NJ today to learn more. 

Do Singles Need Life Insurance?

As a young single, you may consider life insurance unnecessary at this stage of your life. After all, life insurance is geared toward protecting couples and families in the event a spouse should suddenly pass on. Contrary to what you may think, life insurance has much to offer single adults. Here are a few ways singles can benefit from a life insurance policy from Keller Insurance Services in West Deptford, NJ.

Provides Financial Support for Surviving Family

Spouses and children are not the only ones who can benefit from life insurance benefits after you’re gone. Life insurance benefits from a life insurance policy can provide financial support for aging parents or siblings or help pay for college expenses of nieces and nephews upon your demise. You can also designate a favorite charity or worthwhile cause as your beneficiary, making a positive contribution to your community. 

Eliminates Debts

Life insurance benefits can help pay off student loans, mortgage on a house, credit card debts, car loan, etc. after you’re gone, making it easier for remaining family to settle your estate. These benefits can also help cover the cost of funeral expenses so your loved ones don’t have to bear this burden. If you own a business with a partner, death benefits can help cover your share of business debts, enabling your partner to carry on.   

Locks in Affordable Rates

Obtaining life insurance when you’re young and single enables you to lock in a long term policy at an affordable cost. Low cost life insurance will come in handy once you get married and start a family. Your loved ones will have the protection they need in the event of your sudden demise.

To learn more about life insurance and all it has to offer, contact a Keller Insurance Services agent in West Deptford, NJ today.

Protecting Your Basement Studio With Flood Insurance

West Deptford, NJ is home to a wide range of home studio owners. Having a studio in the basement is a lot of fun because it lets your record yourself or your friends. However, if your basement floods, your studio could be destroyed. Is your studio a commercial or residential enterprise when you choose to buy insurance? And how can we at Keller Insurance Services help?

Studios Can Be Very Expensive

Even a basic studio with a four to the eight-track recorder can cost thousands of dollars to set up. You are going to need microphones, amplifiers, instruments, soundproofing equipment, and a variety of other items to ensure it runs properly. All that equipment sitting in a basement is in serious danger of being impacted by a flood. That’s why it is important to get coverage for your equipment.

Is Your Studio Commercial Or For Fun?

First of all, it is important to define what kind of studio you own before buying insurance. Do you only record your own music and give that music away to friends? Your studio is likely considered a hobby, rather than a business.

As a result, you would need to get it covered with homeowner’s insurance. However, if you record other bands and make money from it, your studio is a business. In fact, your studio is likely a business if you sell your own albums and make decent money from it.

Do You Need Studio Insurance?

If you believe that your basement recording studio is a commercial venture, you need to contact us today. At Keller Insurance Services, we can provide amateur and professional recording specialists with the insurance they need to protect their investment from flood damage. So if you live in West Deptford, NJ and need help, please contact us today.

Reasons to Get Boat Insurance

Now that it is summer, you may be considering getting a boat that you can enjoy for the season. However, your boat is not just around for the warmer months. Since you are using it a lot during the summer and you may be storing it during the winter, you should consider getting boat insurance so you can better protect it as well as the passengers. These are just a few reasons to consider getting boat insurance from Keller Insurance Services serving West Deptford, NJ. 

  • You may be required to. Many water areas require that you have boat insurance before you can even launch your boat there. If this is the case, you will need to get boat insurance to keep your boat legal.
  • It provides legal protection. If there are any personal injuries on your boat, your boat coverage will help provide the protection you need. These claims can be very expensive without boat insurance and the cost you pay for coverage will be minimal to a legal proceeding about an injury that happened on your boat. Without it, you will run the risk of going bankrupt in one of these types of cases.
  • It can help pay for damages. Even if you do not consider your boat to be worth a lot of money, your boat insurance can help pay for any damages to it or another boat that is in the water. Instead of you paying out of pocket for damages, they can be covered by your boat insurance policy.

As you can see, there are many benefits to getting boat insurance. The benefits definitely outweigh the cost and if you are interested in getting a quote to see how much you can expect to pay, be sure to contact Keller Insurance Services serving West Deptford, NJ. 

Motorcycle Maintenance Awareness

Whether you use your bike every day or only take it out on the weekend, motorcycle maintenance will keep you on the road throughout the year. You can discuss your motorcycle maintenance options from the independent insurance agents at Keller Insurance Services in West Deptford, NJ.

Start With the Tires

Tires are what keep your motorcycle on the road. Keep the pressure set at the manufacture’s recommended amount. Tires with low levels can affect the way your bike handles and brakes. If your tires are worn or damaged, then it’s time to replace them.

Maintain a Working Battery

Motorcycle batteries should be checked regularly. If you remove the battery to inspect the acid, make sure the levels are appropriate before replacing the battery. If the level is too low, add de-ionized water and then charge the battery.

Regularly Change Your Oil

Check the oil levels regularly. If the oil is too low, you can add more. Having your oil completely changed should be done approximately every 5,000 miles. Clean oil keeps your bike’s engine in good condition. Change the filter between 6 and 12 months.

Read the Owners’ Manual

It is important to read the owner’s manual whether or not you decide to repair or maintain your motorcycle yourself. The book usually contains a checklist of when you should have your vehicle serviced.

Brake pad Checks

Brake pads keep your brakes working properly. If your pads are too thin, you may not be able to stop accurately when you’re on the road. Pads that are less than 2 mm thick need to be replaced. Depending on how often you ride your bike, you should check the brake pads once every 10,000 miles.

Partner up with Keller Insurance Services in West Deptford, NJ to start your search for the right motorcycle insurance coverage for you and your bike.

 

What Types of Umbrella Insurance Are There?

There is no legal requirement that the citizens of West Deptford, NJ procure umbrella insurance, however, many people choose to do so. This is because an umbrella insurance policy will provide additional coverage where your primary policy leaves off. In this article, we will be discussing the various types of umbrella insurance you can purchase. 

Homeowners Umbrella Insurance

You can supplement your homeowner’s insurance with umbrella insurance that will usually cover additional scenarios that your primary policy does not. These may include additional liability situations that involve property damage or also those involving bodily injury. It can also extend to cover the legal expenses that occur as a result of lawsuits. 

Commercial Umbrella and Landlord Insurance

Depending on the industry you work in, you will have purchased certain insurances. You can purchase umbrella insurance to protect you in areas of liability, and you can also purchase a plan to extend the coverage on your workers’ compensation as well. Landlord insurance, commonly referred to as property insurance, can also be supplemented by umbrella insurance, and this can provide added protection for your property and also against lawsuits. 

Automobile Insurance

You can purchase an umbrella insurance policy to work together with your automobile insurance, and this can protect your personal automobile or a fleet of vehicles that you own for your business. This can enhance the liability coverage that you have, and to get information on the specifics on all the insurance coverages mentioned in this article, you would need to speak to an agent. 

Speak to Keller Insurance Services

Call us, or stop by our office, and we will be happy to answer any questions you may have about umbrella insurance. Keller Insurance Services has experience serving the residents of West Deptford NJ, and we can set you up with the insurance package that would best suit your needs.  

Encouraging Employee Healthiness

When an employee gets sick or suffers an injury, both them and their employer suffer from lost productivity and earnings. Keller Insurance Services of West Deptford, NJ would like every company to consider these simple steps that can make for a happier and healthier company.

Improve Environmental Quality

Public buildings are filled with living, breathing people that are expelling airborne bacteria and shedding skin cells everywhere that they go. If the building’s ventilation system isn’t properly circulating and filtering air while managing its humidity, then this creates a breeding ground for molds and other microorganisms that can take a toll on the health of employees and customers. Make sure that your HVAC system is removing contaminants from the air with regular inspections. If you don’t have a humidity control system, consider adding one to the rest of your HVAC system.

Incentivize Exercise

For most workers, their daily focus is on getting the job done with little thought to how that impacts their body. Whether sitting at a desk or lifting rocks, repetitive activities with no breaks cause strains on the musculoskeletal structure that lead to chronic pain and weakness and contributes to the development of other health concerns. Encourage employees to take a break from their activities for a short time every hour to stretch and relax. Since being physically active reduces the risk of repetitive stress injuries, consider talking with local gymnasiums about group discounts for sending employees their direction. Some companies even have group exercise regimens that employees participate in every day, especially in Japan.

Provide Information about Health and Fitness

It can be hard to influence employee health as a business owner, but you can always provide information for your associates to digest and consider. If even a small percentage adopt healthier habits, you may see a reduction in lost productivity from workers staying home due to sickness or injury.

The Key Difference Between a Portable and Non-portable Life Insurance Company from Your Employer

If you have a great benefits package from your employer, it is likely that you have access to a life insurance policy. However, while you should take advantage of this life insurance package, you should also take a look into one key detail in regards to it. According to Keller Insurance Services serving West Deptford, NJ, you need to determine whether or not the life insurance policy is portable or non-portable. 

  • Portable – A portable policy is one that you can take with you if you lose your job or you decide to leave. If you do leave, you will have the option to continue paying the life insurance premium and simply convert it over to a personal policy. The price may slightly change because you are no longer covered through a group rate but you will get to keep your policy and will not have to go through the application policy for another policy.
  • Non-portable – A non-portable policy is one that you cannot take with you. If you lose your job or you leave your job for any reason, then you lose your life insurance policy too. If you want to keep insurance, you will need to apply for another policy and you will likely be given new market rates for your age group and will not get the benefit of originally having insurance the initial age you acquired it through your employer.

If you would like more information about a life insurance policy that is yours to keep even if you leave or lose your job, then it is time to reach out to Keller Insurance Services serving West Deptford, NJ. Most companies do not offer portable plans and if you do not have access to one, it may be time to consider a more secure life insurance policy.

The Hidden Dangers of Not Having Commercial Insurance

Every day, people around the world are driving for work. It can be as simple as taking a personal car to make sales calls for work or it can be driving a large commercial vehicle for deliveries. If you are not covered with commercial insurance you may be in trouble. There are hidden risks that people who drive for work do not realize and often can get stuck with a hefty bill. 

The hidden danger of not having commercial insurance is to think that your personal auto insurance will cover any damages. Often, if you are in an accident while driving for work, your personal auto insurance will not be enough. It can be dangerous relying on a personal insurance policy that will not be enough in the event of an accident. Commercial insurance is designed to protect the worker and should be purchased by the company to cover the employees. By having commercial insurance, you will not be blindsided by bills for personal damage, property damage to your own belongings or other people’s belongings, or for any medical or hospitalization bills. Plus, commercial insurance policies are completely customizable to ensure that you get just the right amount of coverage for just the right amount of employees. 

The residents of West Deptford, NJ understand how important it is to be protected in the work place and know that they want to have their employees protected from any accidents that may occur while driving at work.  If you feel that you may need to be commercially insured, be sure to ask your employer or reach out to the experts. To help understand what hidden dangers you may be at risk for, contact the professionals at Keller Insurance Services. Proudly serving the people of West Deptford, NJ, Keller Insurance Services promises a transparent answer to your most difficult questions.