Personal Insurance
Auto/Motorcycle/Boat Insurance
- Liability - for damages you become obligated to pay
- Medical payments - for bodily injury to you
- Comprehensive - for any direct and accidental damage other than collision
- Collision - for upset or hitting of vehicle with another object
Homeowners Insurance ()
- Options for Renters and Dwelling coverage only
- Know the basics of your policy. Some forms, Basic (HO-1) and Broad (HO-2), only cover specified perils.
- A Comprehensive form (HO-3) is more extensive and excludes only specific things like flooding.
- Specific limits, jewelry, boats, guns, computer equipment; Maybe increase through endorsement
- Loss of use; provides living expense reimbursement
- Trees and shrubs
- Personal liability - for claims or law suits made against you
- Medical payments to others - covers accidental injury you cause to others
Health Insurance
- Pays hospitals and providers of medical services
Term Life Insurance
- Low cost for a specific time period (1, 10, 15, 20, 25, 30 years)
- No cash value
Permanent Life Insurance
- Universal Life or Whole Life available
- Level premium based on age and health at issue
- Builds cash value that may be accessed during lifetime
- May become paid up, requiring no more premium payments
Disability Insurance
- Pays benefits to you if you are unable to work
Long Term Care Insurance
- Provides money to pay for care in a nursing home, assisted living, day care, or at home
Insurance and Investment products marketed through a bank or other financial institution are; NOT a DEPOSIT, NOT FDIC Insured, NOT Insured by any Federal Government Agency, Not Guaranteed by any Bank or Savings Association.
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