Month: July 2025

How Frequently Should I Review Commercial Insurance Policies in North Carolina?

Posted on by AgentInsure

Whether you own a boutique retail shop or work as a contractor in Matthews, NC, it’s essential to know how frequently you should be reviewing your insurance policies. As your business grows, expands, or relocates, your commercial insurance needs will also shift. At JC Demo Insurance Group, we’re here to guide you in finding the best commercial insurance policies while reviewing and reassessing your needs routinely.

Review Frequency

When managing a business, it’s highly recommended to review your commercial insurance policy and needs at least once a year. This will help:

  • Check Coverage Limits: Ensure coverage limits align with asset growth and account for global or economic inflation.
  • Policy Endorsements: Ensure that your policy endorsements align with your operations throughout the year.
  • Compliance: Verify compliance with landlord and/or lender requirements.

Other Times to Review

There are other situations when reviewing your commercial insurance policies is necessary, including:

  • Expanding Locations: Adding or renovating a commercial space may require additional property and/or liability coverage.
  • Revenue Changes: Significant growth or loss in revenue will change your risk exposure. Greater revenue may require additional coverage, such as general liability and/or business interruption limits.
  • New Equipment: Adding a new work fleet or specialized tools may require commercial auto or inland marine coverage policies.
  • Adding Employees: Hiring new employees may change your workers’ compensation needs and require updates to your commercial insurance policies.

From investing in new commercial property space in Matthews, NC, to purchasing a brand-new office building, determining your commercial insurance coverage needs can be challenging. With the right insurance agency by your side, you’ll find it much easier to finalize your decisions confidently. To learn more about reviewing your commercial insurance policies and premiums, contact JC Demo Insurance Group for your consultation today.

Should Students Budget Life Insurance in Their College Finances?

Posted on by AgentInsure

While most people attend college immediately after high school, college is accessible to every age group. Is life insurance something you need to think about while building or rebuilding your professional trajectory? JC Demo Insurance Group explains why the answer is yes.

Why Purchase Life Insurance While You’re in College Near Matthews, NC?

Life insurance protects your loved ones from debt, medical bills, and financial burdens if you pass away unexpectedly. Qualifying students can lock in low premiums for life insurance policies that last decades. The process to secure a policy is quick, as long as you have no health issues. Once active, you’ll have peace of mind knowing your loved ones are financially protected no matter what happens.

Who Qualifies for Life Insurance During Their College Years?

  • College students with responsibilities, such as children or aging parents
  • Students with co-signers on loans that don’t expire upon death
  • Students who want to pay a low cost now to cover potential health risks later

If none of these apply, life insurance may be more optional than necessary. However, that doesn’t mean you should rule it out entirely. Your health, career, and lifestyle choices will evolve as you age, and those changes could make it riskier for insurance companies to insure you. There’s no harm in visiting our office to learn more about your options and ensure you’re prepared for the future.

Are There Life Insurance Policies for College Students in Matthews, NC?

Yes, there are starter policies, as well as term or permanent life insurance with riders that trigger upon specific life events. These policies adapt to your lifestyle changes or move with you as you switch jobs or careers. Term life insurance is an affordable option, while permanent life insurance provides coverage for your entire life, not just a set period.

JC Demo Insurance Group will discuss your concerns, policy options, and questions to help you decide which carrier’s policy is best for your needs. Contact us in person or by phone for more information on life insurance.