Insurance Sterling VA

Insurance is a form of risk management, where one party pays another to hedge against some type of loss. Insurance policies can be purchased for a number of different uses and to protect against a variety of losses. Life insurance, auto insurance homeowners insurance, and health insurance are some of the most common types that people pay for. In these instances people are hedging against sickness and loss of life as well as damage and destruction of property at the hands of others. There are differing laws throughout the country that govern the necessity of having certain types of insurance.

Griffin-Owens Insurance Specialists
(703) 652-0308
847 Station Street
Herndon, VA
Alternate Phone Number
703-471-0050
Services
Insurance

Allstate Insurance
(443) 829-8180
12150 Monument Dr
Washington, DC
 
Tatiana Busch Insurance Agency
(703) 815-4562
13881 Metrotech Dr Suite E
Chantilly, VA
Services
Insurance and financial services

Insurance Associates
(301) 838-9400
21 Church St.
Rockville, MD
 
Lowe-Tillson Insurance
(301) 258-7773
2403 Research Blvd, Suite 350
Rockville, MD
Alternate Phone Number
301-258-7773
Services
insurance, car insurance, commercial insurance, business insurance, life insurance, business insurance, car insurance, commercial insurance, cyber insurance, general liability insurance, homeowners insurance, insurance, motorcycle insurance, life insurance, property insurance, workers comp insurance

Allstate Insurance Agency of Ashburn
(703) 724-1981
20609 Gordon Park Sq
ASHBURN, VA
Alternate Phone Number
7037241981
Services
Landlord, Auto, Home, Life, Business Insurance
Prices and/or Promotions
Earn $10 Gift card for referrals

Karen Lerner Insurance Agency
(703) 660-2316
1703 Belle View Blvd, Ste B1
Alexandria , VA
Services
Insurance and Financial services

Nationwide Insurance
(703) 385-6815
11092 B Lee Highway, Suite 103
Fairfax, VA
 
Woodland Financial Group, LLC
(301) 874-0293
1 Research Court
Rockville, MD
Alternate Phone Number
1-877-209-8604
Services
Finding lowest cost Life Insurance for consumers.

Planning Needs Financial Group
(301) 230-0076
6219 Executive Boulevard
Rockville, MD
Alternate Phone Number
301-230-0076
Services
Life Insurance Consultation, Health Insurance Consultation, Disability Insurance Consultation, Long-Term Care Insurance Consultation, Medicare Advantage Consultation, Financial Planning, Retirement Planning, College Planning, Estate Planning

Insurance

Insurance


Term Insurance or Whole Life Insurance?
By Jonas Zamora
March 13, 2007
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

There are two main types of insurance – term and permanent/whole life insurance. For many, term insurance is a good route because it is the least expensive life insurance. Some folks like the many bells and whistles that go with permanent insurance along with life time coverage. Of course this makes whole life insurance more costly.

Term Insurance

Term insurance is the least expensive. Benefits are payable at death as long as it occurs during the term of the policy. Coverage is purchased at a specific price for a specific period – the length of period can range usually from one year to 30 years.

If you have certain expenses that need to be paid off during a certain period, term is the way to go. Such expenses, like your mortgage or college education for children, are great examples of this. Let’s say you have a 15-year mortgage and your debt is $250,000. You may consider a 15-year policy to protect your family for the amount you owe. Same thing if you have young children. Match up the amount of insurance you buy with your expected tuition bill. Keep in mind that you must adjust today’s college expenses for inflation.

Remember that term insurance is inexpensive because your coverage lasts for a limited time and there is no investment component. The money you save by purchasing term instead of whole life, however, could always go into your own investment account or disability insurance.

Whole life/Permanent Insurance

Permanent or whole life insurance is more expensive and it covers you whether you die today or when you’re....

Click here to read the rest of this article at Zacks.com

Home Insurance

Over the last decade, the inflation cost of construction has far outpaced other sectors of the economy. If your homeowner insurance policy has not kept pace, you may have a coverage gap to be concerned about. Additionally, property owners create another coverage shortage by not advising their agent about additions and alteration upgrades. Most homeowner insurance policies contain clauses requiring an Insured to notify the agent and or insurance company when a renovation or addition increases the property replacement cost. The company is only obligated to pay up to the replacement cost of the documented square footage. You, as the homeowner, would have to make up the difference.

Attribution: All Choice Insurance Agency INCORPORATED

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