Month: November 2020

Those that are in the Pomona, CA area need to spend some time assessing all of their personal insurance needs. One form of insurance that could be a good addition to any personal insurance plan is life insurance. There are several reasons why you should get this type of insurance coverage. 

Provides Protection for Dependants

A key reason that you should get life insurance is that it can offer protection for your dependents. If you have people in your life that depend on you and your income, you will want to ensure that they have financial resources if you were to pass away. With life insurance, you can provide them with this coverage. When you get this insurance, you can build a policy that will meet your needs.

Offers a Financial Investment Opportunity

Another benefit that can come when you get life insurance is that it can offer you an additional financial investment opportunity. Anyone that is looking for another form of investment to round out their portfolio should consider getting a whole life insurance policy. With whole life insurance, you can receive insurance coverage and a portion of your payments will build in an account that you could convert to cash in the future. 

There are a lot of reasons that you should get life insurance. If you would like to get a life insurance policy in the Pomona, CA area, you should speak with someone that understands the complexities of this type of insurance. The team at THINK Insurance & Financial Services can be a great resource. If you do call THINK Insurance & Financial Services, you can learn more about what your options are. They can then help you to construct a policy that will provide you with the right coverage.  

As a small business owner, it’s your responsibility to protect your business against risks that can cause financial loss. This includes liability risks that your Pomona, CA business faces in your local community. These tips from THINK Insurance & Financial Services can help safeguard your business against liability claims that can affect your bottom line.

Maintain a Safe Business Environment

Put safety first when it comes to your business environment. A safe environment will reduce the risk of accidents on your business site. Make sure your employees are on board in maintaining a high standard of safety for your customers.

Document Everything

Keep accurate records of all business transactions to include emails, phone conversations, letters, etc. to avoid misunderstandings in business transactions that can lead to a breach of contract and lawsuit.

Don’t Make Slanderous Statements

Be careful about the statements you make in public to avoid problems with slander. Slanderous statements can easily lead to lawsuits. In like manner, avoid doing business with people of questionable character as it could tarnish your business image.

Hire a Skilled Attorney

Hire a business attorney so you’ll have competent legal aid in the event of a lawsuit. Make sure your attorney is familiar with laws in your local area and experienced with business issues in your industry.

Purchase Commercial Liability Coverage

Make sure you have the right commercial insurance to protect you against liability claims. General liability covers accidents on your business site. If you produce or sell products, you may need product liability to protect you against faulty products that can cause injuries. If you offer professional services, E&O coverage will protect you against a lawsuit for negligence in the services you provide.

For more information about commercial liability coverage for your Pomona, CA business, contact an agent from THINK Insurance & Financial Services today.