Life insurance isn’t just for those with families or other dependents. Young adults in the Albany, NY also benefit from comprehensive life insurance policies. Here are several reasons why you should consider a policy from NY Twin Bridges Insurance Agency.

• Life insurance can help you build a brighter future. Whole life policies accrue a cash value that you can borrow against to fund your education, buy property, or start a business. The stored value is also a great way to build an emergency fund to protect you from unforeseen circumstances.
• You may not have dependents but there are others who depend on you. Roommates, family members, and close friends could be financially burdened by your sudden demise. An active life insurance policy ensures that your final expenses will be covered.
• Young married couples need life insurance to protect the life they are building together. If one partner passes away suddenly, the funds from the policy will help the surviving partner handle daily expenses, pay for funeral services, and plan for their own future.
• Do you own a business? Your commercial insurance policies protect your assets while you’re alive, but what happens if you suddenly pass away? A life insurance policy gives surviving business partners and family members more options. They can use the funds to continue operations by hiring extra help to replace you or pay off debts that threaten the business’ profitability.
• As you get older, the cost to secure adequate insurance coverage rises. Get your policy now to avoid higher premiums in the future.

Life insurance is an important part of any long-term financial strategy. Not sure if a policy fits your plan? Talk to the professionals at NY Twin Bridges Insurance Agency. We carry life insurance policies for residents in the Albany, NY area. Let us know how we can help you secure a more stable future with life insurance.

No matter the kind of business you have you already have commercial insurance. However, there are some potential holes in your coverage. The last thing you want is to suffer thousands, if not tens of thousands of dollars in damage or lost property, only to discover your current coverage does not cover it. When living in and around Albany, NY, the NY Twin Bridges Insurance Agency can help you determine what commercial insurance add-ons are right for you.

Property Insurance

One misconception regarding commercial property insurance is it covers the building. If you rent your property you may assume you don’t need this kind of insurance. However, this is not the case at all. The property insurance will cover much of the machinery and other equipment you have within the building. While the property owner’s property insurance will cover their building, it won’t cover your equipment in the event of a flood or fire. That’s why you need to protect your business with this insurance add on. 

Window Insurance

Depending on the location of your business you may want to consider commercial window insurance. If you have a physical storefront that has a large number of windows, any kind of damage to the glass can become especially costly. By investing in commercial insurance for your windows you will cut down on the amount of money you’ll need to pay out of pocket. 

When you own a commercial business it is important to properly protect you. You have put your time, money and personal labor into building the business. The last thing you want to do is deal with rebuilding it from the ground up. That is why you need to consider commercial insurance add-ons. When living in and around Albany, NY, the NY Twin Bridges Insurance Agency can help.