Leigh Insurance Agency of St Augustine Blog
Are you prepared for any natural catastrophe? Would you and your family get easy access to emergency supplies, such as freshwater, food, and first-aid kits, if you need to evacuate immediately? Preparing an emergency kit does not have to be expensive and complicated. Your survival kits should include supplies and equipment to offer basic weather protection, address health and first aid needs, and notify rescuers.
The basic tips for your survival kits are:
Do you seek a loan but are concerned about the lack of collateral? You should consider a potential source you may not have considered, your life insurance. A life insurance policy should be used as collateral to secure the loan through the collateral assignment. If you die while a policy is active, yet you still make payments on the mortgage, the death benefit is used to pay off the balance.
Here's what you need to know:
As you begin to plan for your death, you should develop an estate plan that allows you to identify beneficiaries. If you are a parent, you will most likely wish to designate your kid as the beneficiary, believing they will have a secure future.
However, naming a child as a beneficiary on a life insurance policy might result in severe issues. And here are the reasons why:
Beneficiary designations are a simple way to ensure your loved ones receive assets directly, but they can also pose issues. You must ensure that your beneficiary designations are properly done and submitted to the financial institution, and mistakes can be expensive. This article will teach you about naming beneficiaries the right way.
Designating both main and dependent beneficiaries is one of the finest strategies to ensure that your assets are managed according to your preferences. However, if you're still undecided who to choose because you're unsure what is the difference between the two, here's what you need to know.
Life insurance is one of the best investments that most people ignore. Some say they are too young and healthy to buy one. While you can still purchase life insurance when you get old and sick, buying it at early times will save you lots of money, not to mention that you will have a longer time to live worry-free because you are covered. You will have peace of mind since there is money to protect your family and estate when you retire or in the event of your demise.
Aside from protecting you and your family when you are gone, below are the three reasons why insurance can make your life easier.
If you want to grab the advantage of the opened shops, parks, restaurants, and bars during the pandemic, you should still practice the necessary guidelines in protecting yourself. This way, you also protect your home and your loved ones. The coronavirus will most likely stay for a few more months, and you will have to keep on raising your defenses against it.
About 55% of Americans are stressed, 20% more than the world average. Constantly bombarded with stress, inside and outside of their homes, people are tired at the end of the day. Situations like traffic jams, pressure from bosses, and crazy deadlines are some examples of what might happen in your day.
Ways to relax
People have different ways to cope with stress, but some are struggling to find the perfect way to de-stress themselves. To give them options, here are some ways they can shake that bad vibes off:
In life, there will always be problems of varying degrees. They can come unexpectedly and ruin your planned activities. Usual issues can leave you with something as simple as a bad day, but some are so severe it may impact you for years. Sometimes, a bad day can cause a domino effect headed towards worse adversities.
Don’t resign to your situation. Sometimes, a bad day can be a wake-up call for you to change something in your life. It requires mental strength to push forward, so here are ways for you to develop that mental strength and turn a negative into a positive.
As you become an adult with assets to protect and a family to provide for, you might want to consider purchasing a life insurance policy sooner or later. This way, you won’t have to worry about what you will leave behind in case something unexpected happens. Here are a few things that a good life insurance policy will give you.