June 2020 - Udell Family Insurance

Business Insurance: Why Keeping It Makes Sense

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Business Insurance: Why Keeping It Makes Sense

If the COVID- 19 pandemic has severely impacted your business, you may consider cancelling your business insurance to cope with the expenses. However, business insurance provides you with a lot of benefits, whether your business is open or closed.

Cancelling your business insurance may seem to be a cost-effective option, but you need to understand the risks before moving ahead.

Risks of Cancelling Business Insurance

By cancelling your business insurance, you expose yourself to certain risks, which include:

Premium Losses

You will have some losses when you cancel your business insurance […]

The Different Ways to Get Life Insurance During the Coronavirus Pandemic

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The Different Ways to Get Life Insurance During the Coronavirus Pandemic

The coronavirus pandemic has impacted everyone’s physical and mental health. As a result, many of us are getting anxious about our health due to the rising uncertainty. Buying life insurance in the coronavirus pandemic is important to stay healthy and protected.

Here are the different ways of getting life insurance during these difficult times:

Your Current Life Insurance Does Cover COVID- 19

People who already have life insurance coverage should know whether their current policy covers death due to COVID- 19. There is a list of exceptional cases that […]

The Importance of Life Insurance for Women

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The Importance of Life Insurance for Women

Did you know that only 56% of women have life insurance? No matter the job a woman has, life insurance is an important protection to have.

How Can Life Insurance Help Women?

Below are the top benefits of life insurance for women:

Financial Security for the Family

Having an insurance policy ensures that your family remains financially secure even in your absence. Whether you’re the earning member of your family, a stay-at-home mom, or a single woman, the need for life insurance becomes paramount.

Borrow Against […]

What You Might Be Getting Wrong About Your Renters Insurance

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3 Misconceptions about Renters Insurance Busted

Buying renters insurance is important to stay protected. However, many people think that buying renters insurance is a complicated process, and some people have misconceptions about coverage, which is why so many avoid or delay buying a policy. Once you understand the importance of buying renters insurance, you may be eager to take out a policy of your own.

Here are some myths about renters insurance you should be aware of:

“Coverage is Retroactive”

No, it is not. You can’t buy insurance to seek damages for incidents in the past. For example, if your house […]