If you own a business, protecting your assets is crucial. The best way to accomplish this is by investing in commercial insurance. If your company operates near the Hope Hills, NC area and you’re in search of a reliable insurance agent, turn to Cross Creek Insurance, Inc. With over 20 years of serving local clients, we look forward to working with you.

SBA Loans for Drought Relief

If you’re a small business operator, you may be interested in learning about small business loans available through the SBA (Small Business Association) for qualifying North Carolina businesses negatively impacted by droughts. As per the SBA website, the U.S. Attorney General declared some areas of North Carolina as disaster areas in early July 2021 due to drought conditions. You can borrow up to $2 million, which can offset the costs of reviving your business post-drought.

These loans are available to aquaculture businesses, nurseries, farms, and private non-profit organizations. If your company meets these guidelines and can document an economic impact directly due to the drought, you are eligible to apply for an SBA loan. The loans offer a 4% interest rate for small businesses and a reduced rate of 3.25% for non-profit organizations.

Call Us Today for an Appointment

There are many types of commercial insurance, and our agents can help you understand which is right for your business. Businesses operating near Hope Hills, NC seeking to ensure they have the necessary protection should consult one of our experienced agents at Cross Creek Insurance, Inc. We’ll take the time to discuss your business and answer any insurance-related questions you might have. Give us a call today to discuss all your coverage needs.

Did you know that about half of all people in the Hope Hills, NC area and throughout the country have insufficient or no life insurance?

At Cross Creek Insurance, we believe that the more you know about life insurance, the less likely you will be caught unprepared.

One common question is, what’s the difference between life and burial insurance?

Burial Insurance

Burial insurance, an older term gaining renewed popularity, traditionally refers to a life insurance amount sufficient to cover burial expenses. These usually encompass services, the casket, embalming, a vault, a marker, and other associated costs.

Life Insurance

As time has passed, people have recognized the value of life insurance in covering more than just burial expenses. Nowadays, life insurance is utilized to pay debts, mortgages, family living expenses, and even for a child’s college expenses.

With term life insurance now so affordable, many families are increasing their coverage to ease the financial burden in case of the breadwinner’s unexpected passing.

The Essential Difference

The difference between burial insurance and life insurance may primarily be the amount of coverage and the intended use of the proceeds. If it’s a smaller amount to help cover burial or cremation expenses, it’s often dubbed burial insurance. Conversely, if it’s a larger amount to ensure a family’s quality of life should the insured pass, it’s typically referred to as life insurance.

Have Questions? Contact Us

If you’re curious about burial or life insurance or interested in its affordability, we invite you to contact us at Cross Creek Insurance, serving the Hope Hills, NC, area. We’re more than happy to assist you in securing the coverage that you and your family deserve.

Risk is an inherent aspect of being a business owner, regardless of your business type. From liability concerns for service industry businesses to manufacturing facilities that have assets to protect or distribution companies that need to safeguard inventory, every business comes with risk. The good news, however, is that for whatever type of business you might be in, there is commercial insurance to help protect your company. That is also why so many companies from in and around the Hope Hills, NC, area rely on the friendly and professional team at Cross Creek Insurance for all their commercial insurance needs.

Commercial Insurance: For All the Risks Your Business Faces

The bottom line is that it doesn’t matter what type of business you own because owning a business comes with risks. That is just part of the territory, and that is also why commercial insurance makes a difference. With the help of experienced and professional agents, business owners can get help determining those threats and the coverage they need for all the risks their companies face, including those less-than-obvious culprits.

For All Your Commercial Insurance Needs in Hope Mills

If you are a business owner in the Hope Hills, NC, area and have questions or need commercial insurance for your company, we can help. From small to large businesses and for every type of business and industry, insurance is available to fit your company’s needs. Let our experienced, trusted, and professional team help with all your commercial insurance concerns and the solutions your company needs and deserves. Contact us to find out more and protect your business with commercial insurance solutions from Cross Creek Insurance today.

Losing a loved one is a heartwrenching experience, and having to deal with life insurance claims will add to the stress and confusion. The insurance agencies in the Hope Hills, NC, location are well-versed in navigating you through these times.

Understanding the Policy

Take the time to understand what is covered, the policy limits, and any specific requirements for filing a claim. Gather all the necessary documents, such as the policy itself, the death certificate, and any additional forms required by the insurance company.

Filing the Claim

The next step with the insurance company is filing a life insurance claim. Be sure to follow the insurer’s specific instructions and promptly submit all necessary paperwork. Please keep copies of all documents for your records, and consider sending everything via certified mail to ensure it is received.

Understanding the Process

It’s essential to understand the process and timeline for the insurance company to review and make a decision. Some claims may be straightforward and processed quickly, while others may require additional investigation, especially in the case of certain types of death.

Seeking Assistance

Seek assistance from the insurance agent for challenges or delays in the claims process. Contact the insurance agency about the claim status and ask for guidance on any additional steps that may be necessary. 

Closure and Moving Forward

Upon approval, the insurance agency will pay the designated beneficiaries according to the policy terms. This financial support can ease some difficult times and help the beneficiaries move forward with their lives.

Cross Creek Insurance Helps Guide You

Cross Creek Insurance will help guide you and show you how life insurance can save you in the long haul. Our team covers the Hope Hills, NC, region. Get in touch with us today.

Anyone who thinks that owning or running a business is easy is someone who has apparently never owned or operated a company. The truth is that most people only see the end product, the final results, and the success. Most people don’t see or realize the work, effort, and time invested and required to create those products and services, results, and success. Yes, running a business takes work, but commercial insurance can help. If you are a business owner in the Hope Hills, NC, area and have questions, the experienced and professional team at Cross Creek Insurance can help with all your insurance needs.

The Benefits of Commercial Insurance

Every business has its own set of specific concerns and risks. The obvious benefit of commercial insurance is that it addresses most of those potential issues. The benefits of commercial insurance, however, go well beyond the resources to help with needs like repairs, theft reimbursement, and liability claims. 

For business owners, commercial insurance alleviates the need to focus on safeguarding their business and operations. The right commercial insurance solutions also afford owners peace of mind and more time to spend making their companies stronger, better, and more successful. 

Commercial Insurance in Hope Hills, NC

Are you a business owner in the Hope Hills, NC, area? Are you looking for commercial insurance solutions for your company, or do you have questions about commercial insurance coverage? Then, our professional and proven team at Cross Creek Insurance can help with all your questions and commercial insurance needs. Contact us to learn more and to get the insurance and protection your business needs and deserves today. 

If you’re in the Hope Hills, NC area and looking for a life insurance policy, Cross Creek Insurance is here to help. We understand that it’s very important for you to get the insurance help you need, and we are committed to ensuring you can get your questions answered. Here are four of the most common questions you might want to ask your agent about a life policy.

1. How much coverage should I choose?
2. Is this a term or whole life policy?
3. How often should I update this policy?
4. Who can I contact if I have more questions?

While everyone’s situation is different, these questions are the biggest ones to start with. Our dedicated agents will be happy to answer them so you can focus on whether the policy you’re considering is suitable for your specific needs. Whether you have a family, the size of your assets, and other factors will all come into play when you’re looking for a policy, so you want to make sure you understand your options and what you need.

Talking with us is the best way to ensure that you have a quality policy that you can rely on because our agents understand that you’ll have questions and concerns. We’re here to reduce or eliminate any apprehension you have about choosing a policy so you can select one with confidence and know that you’re protecting your family the right way, both for the present and the future.

Contact us today at Cross Creek Insurance if you’re in the Hope Hills, NC, area and looking for a life insurance policy. We’re here to help you get the right coverage for all your needs, including a policy protecting your family if you pass away.

Understanding Workers’ Compensation Insurance

If you’re a business owner in Hope Hills, NC, you may wonder about the necessity and benefits of workers’ compensation insurance. Let Cross Creek Insurance break it down for a better understanding of this vital coverage.

Who Needs Workers’ Compensation Insurance?

Most states, North Carolina, included, require employers to carry workers’ compensation insurance if they have one or more employees. This requirement applies to businesses of all sizes, from small startups to large corporations.

Why Is Workers’ Compensation Insurance Necessary?

Workers’ compensation insurance provides dual protection to both employees and employers. It provides financial assistance to cover workplace injuries and illnesses incurred during employment. The absence of this coverage could expose businesses to substantial financial liabilities, including medical expenses and potential legal costs, in the event of workplace accidents. Conversely, it guarantees employees necessary medical treatment, rehabilitation costs, and wage loss coverage during the recovery period after a work-related injury or illness, providing financial stability and peace of mind.

How Does Workers’ Compensation Insurance Benefit Businesses?

Investment in workers’ compensation insurance extends beyond mere legal compliance; it’s a strategic business decision. This insurance helps cultivate a protected and supportive work environment, drawing and retaining key personnel while minimizing potential lawsuits and financial losses arising from workplace accidents.

If you’re unsure about your workers’ compensation insurance needs, contact Cross Creek Insurance today and learn more about our comprehensive commercial insurance solutions tailored for businesses in the Hope Hills, NC area.

Understanding Life Insurance Policies: Term Life and Whole Life Coverage

Life insurance policies are typically divided into two main categories: term life insurance and whole life insurance. This blog aims to provide a fundamental understanding of both types of coverage. Should you require further clarification or assistance, the expert insurance agents at Cross Creek Insurance in Hope Hills, NC, are always willing to assist.

What is Term Life Insurance?

Term life insurance policies offer coverage for a specified period or term. The exact term is clearly indicated in the insurance documents, and the policy remains valid throughout this dictated timeframe. Unlike whole life insurance, term life policies do not accrue a cash value that policyholders can borrow against. However, term life insurance typically carries a lower monthly premium compared to a whole life insurance policy, making it a more affordable option for many people.

What is Whole Life Insurance?

Whole life insurance policies contrast term life insurance policies in that they offer coverage for the entirety of the policyholder’s life, meaning there’s no need to renew the coverage after a certain date. A whole life insurance policy accumulates a cash value over time, from which the policyholder may borrow. However, the generally higher monthly premiums may make this option less affordable for some policyholders compared to a term life policy.

The Role of Supplemental Insurance

While employer-provided life insurance can be a valuable benefit, it may not provide sufficient coverage for your family’s needs. Therefore, evaluating potential family expenses and considering a supplemental insurance policy is beneficial. This increases the total coverage amount and fills in any potential gaps in a primary life insurance policy.

Keeping Your Insurance Policy Up-to-Date

Your life insurance policy should be reviewed and potentially updated throughout your lifetime to maintain its relevance. Any major life events such as relocation, property sales, or family changes should prompt you to contact your Cross Creek Insurance agent at Hope Hills, NC, to discuss updating your policy.