Do I need life insurance if I am not married

Life insurance is not one size fits all. It can be overwhelming to consider the type and amount of insurance that you need. You may be questioning if you need life insurance at all if you are not married. Life insurance is not something that most people talk about and it can seem almost morbid when you do have questions. At Cross Creek Insurance in Hope Hills, NC we understand how confusing it can be and we are here to give you the guidance that you are looking for.

Life insurance should be a part of your overall financial planning. It is not just about the death benefit but it can also be a source of cash while you are still relatively young, say when you are going to buy a home. In order to know if you need to have life insurance if you are not married,  you need to ask yourself a couple of key questions. Does anyone count on you to provide for them? Do you have aging parents, a child, or other dependants?  Do you have any debt? Do you have enough assets to clear that debt?  Have you made arrangements to have your last expenses paid for? 

If you have someone who counts on your income to survive, it is important that you take the necessary steps to make sure that they will continue to be provided for if you pass away. You also don’t want to leave your loved ones to clear up your debts and try to come up with enough money to pay for your final expenses. Even if you are not married, life insurance can offer peace of mind to you and your loved ones.

If you are ready to discuss life insurance the team at Cross Creek Insurance in Hope Hills, NC is always ready to sit down with you and discuss this important coverage. Stop by our office or give us a call to set up an appointment. 

What Commercial Insurance Products Do I Need In Hope Hills?

Cross Creek Insurance in Hope Hills, NC has been offering commercial insurance for several years, and we will discuss a few important commercial products that are essential to businesses. If you’re considering commercial insurance, these insurance products should top your consideration list.

Commercial property insurance

This policy provides coverage for the physical location and property of your business. Generally, it provides coverage for your business furniture, inventory, and equipment. Even if you run your business from home, this commercial insurance policy can help.

Here are some of the situations in which this insurance policy can help. If fire or any other disaster damages your office and you cannot open for business for some time, this coverage will provide funds for repairs and also compensates you for the loss you incurred during the period of the closure.

If your computer and other tools get damaged, you will be provided with the funds for repairs or replacement. Every business needs this insurance product. No matter what your business is, you’ll have a tool with which you work. Even if you’re a freelance writer that works from home, you need to protect your laptop.

Cyber insurance

With the high spate of hacking and cybercrime, it is necessary to consider this commercial insurance product. Even if you don’t do any financial dealings, you could be a victim of ransomware attacks. You could be locked out of your system by cybercriminals. This policy will compensate you for all the losses you incurred due to cyber-attacks.

Workers’ compensation insurance

If you have people working for you, this is the most important commercial insurance product. It is even required by law in North Carolina. Also, it prevents your employees from being able to file lawsuits against you for work-related injuries.

When you visit us at Cross Creek Insurance in Hope Hills, NC, we’ll tell you about the other commercial insurance products and also help you make the best choice for your business.