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California Insurance Blog

When Should I Get Life Insurance?

If you have loved ones who depend on you, life insurance can provide invaluable peace of mind. In the event of your passing, an active life insurance policy ensures your beneficiaries receive a death benefit that can make a significant difference in their lives. The professionals at THINK Insurance & Financial Services, servicing Pomona, CA, can help you find the right life insurance policy for your needs.

When Is the Best Time to Get Life Insurance?

One common question we hear is: when should I get life insurance? While there’s no definitive answer, a good time to consider life insurance is when you have beneficiaries and want to ensure their financial security after you’re gone.

Many people choose to purchase life insurance when they start a family, while others opt for coverage as part of their long-term financial planning.

What Type of Life Insurance Should You Choose?

There are several types of life insurance to consider, including:

  • Term Life Insurance: Term life insurance provides coverage for a specific period, such as 10, 20, or 30 years. These policies are often more affordable and are popular among individuals with young families.
  • Permanent Life Insurance: Permanent life insurance offers lifelong coverage and pays out regardless of when you pass away, as long as premiums are maintained.
  • Funeral Insurance: This type of insurance provides a benefit specifically to cover funeral expenses, offering financial relief to your loved ones.

How Can You Get Life Insurance?

If you’re ready to explore life insurance options, the professionals at THINK Insurance & Financial Services, servicing Pomona, CA, are here to help. We work with a variety of carriers to ensure you find the best policy to meet your needs. Contact us today to get started.

Motorcycle Collision Coverage – Repair Strategies

Do you carry collision coverage for your motorcycle? If so, you may not have considered what steps to take if you’re involved in an accident. Use the strategies below to assist with repairing your motorcycle and navigating the claims process.

Collision Coverage

Collision coverage is designed to help repair your motorcycle’s body and mechanical components. This type of coverage reduces the expenses you’re responsible for and can be used to pay fees incurred during the restoration process.

Motorcycle Insurance Claims Process

Before your collision coverage can pay for expenses, you’ll need to file an insurance claim. The claims process involves reporting the incident and scheduling an inspection of your motorcycle by an insurance adjuster.

The adjuster will prepare a report detailing their findings and assess the extent of the damage to your motorcycle. Once the inspection is complete, you’ll need to wait for your claim to be approved or denied.

Rate Comparison and Repair Steps

If your motorcycle insurance claim is approved, the next step is to consult with a mechanic. It’s a good idea to compare rates from several qualified mechanics to ensure you’re getting the best value. Once you’ve selected a mechanic, you can discuss the repair process and timeline.

Keep any receipts provided by the mechanic, as your insurance provider may require them to determine the reimbursement amount for your repair costs.

Additional Information About Motorcycle Insurance Claims

Do you have questions about the claims process or repair steps? Speak with one of our insurance agents at your convenience. Contact an agent serving Pomona, CA. A representative from THINK Insurance & Financial Services will answer your questions and provide a detailed explanation of the insurance claims process.

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