Category: Life Insurance

Life insurance is an important financial planning tool that helps protect individuals or beneficiaries in the event of the policyholder’s untimely passing. Anyone looking for reliable life insurance can find out more details or get coverage from the experts at Lana Insurance Center Inc, serving the residents in and around Wallingford, CT.

Life Insurance Policies 

Life insurance is a flexible and useful asset for individuals to help them provide for beneficiaries after they pass due to a covered event. Although many people secure a single life insurance policy, they may not realize they can have more than one. You may also have more than one beneficiary for a life insurance policy. To find out more about life insurance options and coverage, consult with our licensed life insurance agents, who can provide detailed information.

They can help provide insight regarding policies and carefully assess each individual’s situation to recommend life insurance that works for their specific situation. Our agents can also assist with documentation and submission of details to help secure the policy. Our agents are available to provide comprehensive customer service before, during, and after securing the policy. Be sure to get the life insurance protection necessary to offer a blanket of coverage to those who are most important.

Reach Out Today 

To learn more about life insurance policies and protection, please reach out to Lana Insurance Center Inc, serving the greater Wallingford, CT region. Call or stop by the office today to schedule a consultation with one of our helpful agents. We are here to help provide education and support to ensure our customers get the policies and protection that offer peace of mind and security for beneficiaries.

Many people have life insurance policies through their jobs. This is a great way to get coverage since it is usually cheaper than buying a policy on your own. But is this the only policy you need? Probably not. In most cases, having two life insurance policies is better than having just one.

Here are some reasons why:

Your Work Policy May Not Be Enough

The policy that your employer provides is probably not enough to cover all of your expenses if you die. Most work policies only pay out a few hundred thousand dollars, which may not be enough to cover things like your mortgage, college tuition for your children, or other debts and final expenses.

You May Not Be Covered If You Leave Your Job

If you leave your job, your life insurance policy will usually go with you. But there are some exceptions. For example, if you retire or are fired, you may not be able to keep your policy. So it’s vital to have a second policy that is not through your employer in case you lose your first one. Talk to Lana Insurance Center Inc. in Wallingford, CT to understand more about getting additional insurance in case you lose your job.

You May Want Different Types of Coverage

Employer-provided life insurance policies are usually "term life" policies. This means they only provide coverage for a certain period, such as five or ten years. But you may want a "whole life" policy, which provides coverage for your entire life. Or you may want a "universal life" policy, a type of whole life policy with more flexibility. So if you want different types of coverage, you may need to purchase more than one policy.

Contact Us Today

As you can see, there are many good reasons to have two life insurance policies. If you have a policy through your job, that’s great. But don’t stop there. Get a second policy from Lana Insurance Center Inc. in Wallingford, CT to ensure you and your family are fully protected.

When you own a condo, you have a home that is yours for as long as you want to keep it. It’s important to cover that investment with a condo insurance policy. This type of policy covers you in a number of ways all in one insurance policy. When you have a condo and aren’t insured, call us at Lana Insurance Center Inc. in Wallingford, CT to help you get started. 

Why You Need Condo Insurance

Protection for Your Condo

Your condo is likely your largest investment, and it needs to be protected with an insurance policy. Your condo insurance will cover the condo itself with enough protection to pay for large repairs, or even rebuilding if it’s needed. When you have this insurance and a covered incident happens that damages your condo, the policy pays for the necessary repairs. This is vital coverage to have with the high cost of repairs. 

Protection for Your Belongings

It’s important to have this coverage because it protects your possessions as well. When you have this coverage, it can pay for your possessions that are lost in a damaging incident. Issues like disasters and accidents can happen, and they can ruin your belongings. When you have a damaging incident occur, you could be left with nothing if you don’t have this coverage in place. 

Liability Protection

Condo insurance also gives you an amount in liability coverage. This protects you in case someone comes into your condo and has an accident with injuries there. This coverage pays for the expenses of this person, including lost wages and medical bills. It’s always smart to have this coverage in place so that you don’t have to face paying for these expenses by yourself. 

Get Your Condo Insurance

If you own a condo, it should be protected. To get started, call us at Lana Insurance Center Inc. serving the greater Wallingford, CT community.