Sprinklers essential to safety in high-rise residences

By | agent, alarm, automatic, burn, code, college, communications, condo, construction, detection, dorm, dormitory, elder, elderly, emergency, fire, Fire Prevention, hazard, high-rise, home, hotel, housing, independent, inhalation, injure, injury, Insurance, life, motel, NFPA, occupants, pathways, premises, prevent, protect, residence, safe, safety, senior, sleeping, smoke, sprinkler, standards, student, system, travel
high-rise

High-rise buildings with residential uses pose unique risks that deserve special attention to safety. Whether you are purchasing a condo, staying in a hotel or living in a high-rise senior apartment or college dorm, consider whether the building is protected by automatic sprinkler systems.

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How annuity maximization could benefit your heirs

By | 401(k), agent, annuity, assets, beneficiary, family, heirs, immediate, independent, inheritance, Insurance, life, Life Insurance, maximization, ordinary, policy, premium, protect, retirement, single, Social Security, supplement, tax
annuity-maximization

Many people struggle to understand annuities and wonder if they really need one or not. To help shed light on this situation, let’s look at one example.

The post How annuity maximization could benefit your heirs appeared first on The Cincinnati Insurance Companies blog.

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Can you depend on crowdfunding for funeral costs?

By | agent, burden, costs, crowdfunding, death, dependent, die, donate, expenses, final, financial, generosity, healthy, independent, Insurance, life, Life Insurance, LIMRA, loved, policy, stability, survivor, sympathy, unforeseen, young
crowdfunding-funeral-costs

It’s an all-too-common occurrence: A family loses a loved one unexpectedly and is forced to appeal for help to cover expenses. Many of us have seen the memorials on social media, the crowdfunding websites or the donation bins at a local store for a family dealing with an unexpected loss. In many cases, the family must reveal personal details – forfeiting privacy – just to get the help they need.

The post Can you depend on crowdfunding for funeral costs? appeared first on The Cincinnati Insurance Companies blog.

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How does group life insurance measure up?

By | age, agent, business, family, financial, group, household, independent, individual, Insurance, life, Life Insurance, owned, planning, policy, portable, premiums, pricing, protect, protection, services, simplicity, voluntary
How does group life insurance measure up?

Many Americans rely on group life insurance from an employer in the event of a death in their family. But in some circumstances, group life insurance is not enough, and an individual policy can provide more protection.

The post How does group life insurance measure up? appeared first on The Cincinnati Insurance Companies blog.

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How life insurance saved a business

By | agent, business, Business Life, downturn, independent, Insurance, life, Life Insurance, loan, long-term, personal, planning, policy, prevent, protect, protection, value, whole
life-insurance-saved-business

LifeHappens shares the story of how a successful business owner included life insurance as part of his long-term planning. When there was an unexpected downturn, that life insurance policy saved the business and all those whose livelihoods depended on it. Watch the video.

The post How life insurance saved a business appeared first on The Cincinnati Insurance Companies blog.

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Expect the unexpected: Name a contingent beneficiary on your life insurance policy

By | adviser, agency, agent, asset, assets, beneficiary, benefit, child, children, claim, contingent, estate, family, financial, independent, Insurance, legal, life, Life Insurance, plan, planning, policy, proceeds, protect, tax-free, taxes
contingent-beneficiary

Life doesn’t always go as planned. When you married, you did the responsible thing and purchased life insurance policies for both you and your spouse. Each of you named the other as beneficiary, ensuring that no matter who passed away first, the survivor would be taken care of. At least, that was the plan.

The post Expect the unexpected: Name a contingent <br>beneficiary on your life insurance policy appeared first on The Cincinnati Insurance Companies blog.

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Expect the unexpected: Name a contingent beneficiary on your life insurance policy

By | adviser, agency, agent, asset, assets, beneficiary, benefit, child, children, claim, contingent, estate, family, financial, independent, Insurance, legal, life, Life Insurance, plan, planning, policy, probate, proceeds, protect, tax-free, taxes
contingent-beneficiary

Life doesn’t always go as planned. When you married, you did the responsible thing and purchased life insurance policies for both you and your spouse. Each of you named the other as beneficiary, ensuring that no matter who passed away first, the survivor would be taken care of. At least, that was the plan.

The post Expect the unexpected: Name a contingent <br>beneficiary on your life insurance policy appeared first on The Cincinnati Insurance Companies blog.

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Life insurance protects, offers peace of mind

By | agent, consumer, data, family, financial, independent, Insurance, life, Life Insurance, love, parent, prepare, protect, single, stress, survey, unknown
life-insurance-data-survey

Did you know most Americans (78 percent) agree that preparing financially for life’s unknowns is a way to show that you care? In fact, a little closer look at the data finds almost 2 in 3 (65 percent) think that having life insurance is key to taking care of their family financially.

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Term vs. permanent life insurance: Which is right for you?

By | agent, automatic, beneficiary, benefit, cash, convertible, death, holder, independent, Insurance, life, Life Insurance, loan, owner, paid-up, permanent, policy, premium, return, temporary, term, universal, value, whole, withdrawal
term-whole-permanent-life

The biggest question to answer when purchasing life insurance is whether you need a term or permanent policy. Each type has advantages and limitations. To make the right decision, you should know and understand your options.

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Don’t put it off: Assess your life insurance

By | affordable, agent, benefit, care, childcare, cost, cover, coverage, education, expenses, family, financial, help, independent, Insurance, life, Life Insurance, LIMRA, loved, mortgage, need, payments, peak, policy, protect, salary, survivor, term, time, utilities, wages, whole, years
assess-life-insurance

Would you believe that 1 in 5 families with children under age 18 does not have life insurance? As shocking as that may be to many of us, a 2018 study by LIMRA, a leading insurance and financial services trade organization, also found that 3 in 10 families would be in immediate financial trouble if a primary wage earner died. And, nearly half of respondents would experience financial adversity in just six months.

The post Don’t put it off: Assess your life insurance appeared first on The Cincinnati Insurance Companies blog.

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