Insurance

Have Kids? Then You Need Life Insurance to Make Sure They are Protected!

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Life insurance is not the sort of thing that gets a warm welcome as soon as it is mentioned. It doesn’t quite have the same appeal as, say, Girl Scout cookies or a trip to Disneyland. Instead, as soon as the term is spoken, people think of the inevitable and want to change the subject. However, the unexpected does happen on a regular basis, and a lack of planning can really put a family in a lurch, especially when living on a single income.

This is where life insurance, properly set up, becomes a critical safety net in a family’s financial portfolio, ensuring that the long-term security of the family is taken care of. However, kids grow older, and what is needed for life insurance can change dramatically. The long-term coverage necessary with a new family and young children isn’t necessarily the same need when the kids are ready to move out of the house and support is needed to take care of a partner. Unfortunately, a simple term life insurance policy doesn’t give a family the flexibility to change as its needs for protection change over time.

This is where the Nest Insurance Agency can really help Amarillo and Lubbock, TX families. They have a wide assortment of policy tools available that can be tailored to both immediate and long-term needs, allowing families to shift their priorities over time. Families in Amarillo and Lubbock, TX are the same as everywhere else, they grow and change, and need different things over time. Let the Nest Insurance Agency help your family secure the right financial safety net for your needs today and throughout the future. There’s no need to settle with a generic life insurance tool that doesn’t change as your life changes over time.

Do I need insurance if my employees get hurt at work?

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There is no doubt that your employees are the most important part of your business. They keep the place going, and contribute parts of their lives to make sure your company gets its work done. Unfortunately, there are times when your employees get injured or ill while in your employ, whether on your premises or while out on business for you. 

Because of liability laws, you are responsible for their well-being during those times. If their injuries occurred as a result of negligence, they need to be compensated for their injuries. It is important for them to receive appropriate medical care at no cost to themselves. If you do not provide this basic care, your employees can sue you in order to force you to pay for their damages.

You can explore various options for obtaining Worker’s Compensation Insurance at Nest Insurance Agency. Depending on your location and the size of your company, you may not be required to carry Worker’s Compensation Insurance. There are also special rules for contract work. However, you can still be sued to pay for any injuries or illnesses which occur while someone is in your employ. 

Your policy should cover potential injuries, lost wages, fees for temporary replacement workers, and even legal fees. Otherwise, you could end up being liable for all these damages without warning in the event of an accident. This kind of loss could seriously damage your business if you were not protected, leading to financial difficulties.

At  Nest Insurance Agency, we can help you compare various Worker’s Compensation Insurance policies so that your business is protected based on your own needs.