Life Insurance and Living on a Limited Budget

If you work hard for a living but have to keep a close eye on your savings account, you might think that life insurance is an extravagance you just don’t need. However, if you have a family in the Astoria, OR area, you may discover that life insurance from Linda Dugan Insurance is something you really shouldn’t sacrifice. Let’s check out the basics of what it’s all about.

Who Benefits from a Life Insurance Policy?

Your life insurance policy can designate your spouse, live-in companion, parents, or even a lifelong friend as its beneficiary. Basically, whoever you think will be responsible for taking care of your final expenses and caring for your personal possessions is a good person to receive payment from the policy.

What Can the Money be Used For?

The cash from a life insurance policy generally comes with no strings attached. However, if you have children it could help pay the rent or mortgage while they grow up and potentially fund a college savings account. It can assist the family through a period of adjustment by clearing credit card balances, pay off the car loan, or cover the wake and funeral. 

Providing Security at Crucial Moments in Life

If you are the sole source of income for your family, your death could create a tragic and traumatic period where the question of how to pay for food and utilities for the first year can be very serious. A life insurance policy provides the net that is needed to help your loved ones make it through an uncertain moment in their lives. 

Best of all, you don’t have to break the bank to purchase a life insurance policy in the Astoria, OR area. Give the friendly and understanding agents at Linda Dugan Insurance a call and ask us about all of your options today.

Commercial Insurance Add On to Consider

You have put a considerable amount of time and energy into your business, growing it from the ground up. With all of the time and energy you’ve put into your business you need to do what you can to protect it. One of the best ways to do this is to take out appropriate commercial insurance. With so many different commercial insurance add ons though you may not know what each does or what is right for you. If your business is in or around Astoria OR Linda Dugan Insurance is here to assist. 

Worker’s Compensation

If you have any employees this is a must. Should an employee injur themselves on the job while performing job related tasks you are required to cover medical expenses and other costs associated with the injury. This can quickly add up, which is why you need the insurance coverage. With the insurance coverage you can protecdt your own finances by having the coverage pay for the injury and costs associated with it. 

Data Breach

In the modern world of business there is likely a considerable amount of information stored online or on the cloud. It is your responsibility to take care of this information, so if there is a data breach and client data is lost, you will likely be held responsible. Data breach protection will help financially protect your business from potential lawsuits and other expenses that may be associated with such a problem. 

Commercial insurance is a critical investment of your business you need to make. There are a number of commercial insurance add ons to consider though, and what’s right for you will not always be right for the next business. So if you run a company in or around Astoria OR Linda Dugan Insurance is here to help.