If you have a start-up in Albany, NY, you may be channeling a lot of your time and effort into expanding it but forgetting to protect what you already have. Start-ups need commercial insurance just as much as established businesses. They may need even more protection because most start-ups do not have the funds to pay for risks such as fires, liability claims, vandalism, or theft. Contact an insurance agency such as NY Twin Bridges Insurance Agency to get your new quote for commercial insurance. They will help you find the insurance commercial insurance coverage options that are able to meet your needs.

Why Your Start-Up Needs Commercial Insurance

• To Protect You From Liability Claims

If third parties are injured in your business property or their property is damaged, the may sue you. Your business may be required to compensate them for the costs of medical charges, and repair or replacement of their property. Liability insurance coverage compensates you for those fees and any legal charges that you may incur including lost wages, and pain and suffering compensation.

• To Protect You From Loses Due To Business Interruption

If your business is unable to maintain its normal operations because of risks such as fires, protests, or floods, you may be unable to pay your taxes, employees, and rent. If you don’t have insurance, such factors could force you to sell your assets. Business interruption insurance compensates you for the net profits you would have made and helps you to make your payments.

• To Protect Your Business Property

Business property insurance protects your business property such as computers, machinery, furniture, and merchandise from common risks. It may also cover other people’s items that are under the care of your business. In case of insured risks, it compensates you for the repair or replacement costs.

Contact NY Twin Bridges Insurance Agency on 518-608-5797 to get a new quote for your start-up in Albany, NY.

Everybody, of course, wants to live their lives with utmost peace of mind. To do this, though, there are several steps that a person must take. For starters, a person can take a look at the benefits to be gained when investing in life insurance. For now, let’s look at how life insurance provides peace of mind and why you should speak with a qualified agent to discuss your various policy options. 

Offers Help on Final Expenses

Final expenses can consist of any expense that is related to a person’s passing. When someone passes away and they have life insurance, the policy will help pay for final expenses, such as the casket, preparations, funeral costs, memorial services, and more. These things can get quite costly, with the average funeral costing around $7,000.  

Income Replacement

You can have peace of mind when choosing to get life insurance because, if you are like most, your loved ones may depend on you and your income to help them meet daily needs, such as car payments, utilities, medical care, and food. If you were to pass away and do not have the means to replace your income, then your family’s standard of living might be in jeopardy. But with the right policy, you can rest assured your family will be financially taken care of after your passing. 

Pay off Your Mortgage

Life insurance has the ability to pay off your current mortgage, providing your surviving family with the ability to stay in their current home and not have to worry about outstanding payments. Could your family members afford the home mortgage if your paycheck was not in the picture? If the answer is no, then they are at risk of losing the home they love. A life insurance policy, however, can help ensure they are able to make payments, and if the payout is large enough, they may even be able to pay off the entire mortgage. 

If you would like to learn more about enjoying life to the fullest with peace of mind, then contact the NY Twin Bridges Insurance Agency serving the Albany, NY area today to discuss various life insurance policy options. 

After years of working steadily at your career, making sacrifices for the future, and supporting others along the way, it’s important for you to know that there are rewards. One of these is retirement. Another is dependable insurance that covers you when unfortunate incidents happen. Here at NY Twin Bridges Insurance Agency, our agents are ready to sit down with you and discuss your retirement insurance needs. They know Albany, NY and the surrounding communities. They can answer your questions, search the best policies available to you, and help you get your insurance squared away. That means you get to enjoy retirement with a lot less worry on your mind. What are some things to consider when looking for insurance coverage? Ask yourself some questions:

• What is my health condition now?
• How is my health likely to change in the future?
• Do I want to travel extensively?
• Do I look forward to enjoying my garden and backyard swimming pool?
• What are my most important concerns right now?
• What are my big dreams?
• What plans am I making right now that could use a good insurance policy?
• What investments into my future retirement have I made over the years?
• Will my workplace insurance benefits follow me into retirement?
• How do I want to change my retirement now that I’m in it?

Once you know many of these things about yourself, you’ll know what kinds of questions to ask us at NY Twin Bridges Insurance Agency. That way we’ll be able to help you find the insurance you need. We’ll be glad to make you aware of options you may not have thought of, as well. Serving the communities in Albany, NY, NY Twin Bridges Insurance Agency is here for you. Give us a call today.

Picking the right life insurance policy is a very important decision for anyone in the Albany, NY area. For those that are shopping for life insurance, choosing between whole life and term life is a big choice. There are several differences between whole and term life that should be taken into consideration when you are choosing your policy. 

Term of Policy

One of the main differences between a whole and term life policy is the length and term of the policy.  Like the name of the insurance options suggest, term life insurance will provide you with coverage for a specific period of time while whole life will provide you with coverage for up to your entire lifetime. 

Cash Value

Another difference between the two options is that whole life insurance policies have a cash value. After making payments for a certain period of time, your policy will begin to accrue value that can be liquidated at any time.  The value will continue to grow based on a conservative rate of return, which can also make it a good conservative investment option.  Term life policies have not cash value. 

Amount of Coverage

The amount of coverage you receive is also much different. Term life insurance will typically provide you with far more coverage for a much smaller monthly payment than whole life. This can make it ideal for someone that is only looking for insurance coverage and is not looking for whole life investment benefits.  

If you are in the Albany, NY area and are considering your life insurance options, meeting with the NY Twin Bridges Insurance Agency will be very helpful. The NY Twin Bridges Insurance Agency will help you determine which type of life insurance is right for you and how much you need. They can then help to get you into a great policy.

When you’re in charge of a business, you’re responsible for making the right decisions to protect your business for yourself and for everyone else who is depending on your business to do well. You don’t have unlimited resources, so you need to make decisions that are efficient and cost-effective while still getting the job done.  

If your business is in Albany, NY, you can talk to the agents at NY Twin Bridges Insurance Agency about how a Business Owner’s Policy could help you both protect your business and save money. Your business may need several kinds of insurance, such as automobile, property, general liability, business interruption, workmen’s compensation, and others, depending on your circumstances.

A Business Owner’s Policy combines the protection for all the major property and liability risks you need in one package. This kind of package works best for small and medium-sized businesses, allowing them to get discounts by putting their policies together. Not only will it save money to combine policies, but it will provide for more efficient handling of claims, as they will be in one place. 

Your Business Owner’s Policy can cover:

Commercial Property – This will include the buildings and their contents, including furniture, equipment, supplies, stock, and signs.

General Liability – If someone on your property is injured or property is damaged because of the operation of your business, you will be covered for resulting damages, including medical bills and the cost of litigation itself.

Business Interruption – When a disaster forces you to close your business temporarily, this kind of coverage will help you keep paying the bills during your downtime.

If you are interested in learning how better to protect your small business owner in Albany, NY, feel free to contact NY Twin Bridges Insurance Agency today for a free evaluation of your situation.

Retiring opens up a world of possibilities when it comes to how to handle the next steps, and this type of freedom can either be thrilling or terrifying. Some people vastly underestimate just how long it will take to adjust to a very new lifestyle. If you’re wondering how to plan ahead during this particularly uncertain time, NY Twin Bridges Insurance Agency has a few tips for you when it comes to moving forward with your life. 

Set Your Goals 

Retiring is going to be radically different to how you used to structure your days, and that type of major change can be difficult to adjust to at any age. If you live in Albany, NY, you need to be able to chart out your time in a way that makes sense for you. One of your goals should be to get the financial stability that you need to cover anything that may come your way. From unexpected illness to a family emergency, retirement insurance can serve as an extension to your current coverage so you can take care of all your obligations and responsibilities (without dipping into your savings.)

Find Help 

To ensure that all of your finances are properly managed, call NY Twin Bridges Insurance Agency today to ask us more about how retirement insurance can work for you. It’s not that pensions and savings aren’t helpful during this time in your life, but you may need more coverage to prepare for those truly rainy days. If you live in Albany, NY, it’s time give us a call to learn more about how our plans can supplement the precautions that you’ve already accumulated. We can help you take advantage of all the potential ways to safeguard your wealth from the disastrous events that may occur. 

If you have a business with more than one employee, you will need commercial insurance. The most important aspect of a business is keeping it running. A business can be interrupted as a result of a storm, vandalism, theft, accidents, or other harmful incidences. If your business isn’t generating revenue, your bills will not be paid and you could quickly lose everything. Get in touch with the independent insurance agents at NY Twin Bridges Insurance Agency in Albany, NY. They can offer you a variety of options for your business needs.

Types of Commercial Coverage

• Commercial Property Insurance – covers the buildings’ property that is damaged as a result of common perils, which may include fire, theft, lightning, and explosions.
• General Liability – protects against legal actions due to bodily injury and property damages. You may be protected if a customer receives injuries as a result of negligence at your place of business or through regular business operations.
• Worker’s Compensation – In New York, employers must maintain worker’s compensation insurance for all of their employees, including part-time workers. Worker’s compensation provides for employee’s medical treatments and a portion of lost wages if that person was injured on the job.

Other Options for Commercial Insurance

• Errors & Omissions – also known as Professional Liability Insurance, it protects those who provide services against claims that are made for negligence or inadequate work. Such professions can be hairdressers, physicians, and lawyers.
• Commercial Auto Insurance – provides protection for companies who have vehicles that are used for their business. You will need this type of insurance if your business hauls locally or across the country.
• Employment Practices Liability – is a good option to protect your company from a lawsuit if an employee accuses your company of civil rights violations.

The helpful experts at NY Twin Bridges Insurance Agency are waiting to take your call when you’re ready to search for commercial insurance. You can also stop by their offices in Albany, NY.

It is very important to get an insurance policy from a renowned company such as NY Twin Bridges Insurance Agency in Albany, NY. It not only financially secures your family after your demise, it also gives your family a degree of security to meet their financial needs regardless of what becomes of you in the future. There are some key questions you need to ask your agent in order to make a good choice from the many policies available to you. This will also help you to understand the whole process. These questions will also help you to know whether the agent in question is the ideal choice to help with your future insurance needs.

Who Do You Represent?

While some agents work for brokers that represent many insurance companies, others work for a single one. You need to get hold of some information about the company or companies you will be dealing with. You will like to know their financial rating and other information such as, recent legal or financial problems the company may have faced in the past and how long and successful they have been in business.

How Can I Meet My Long-Term Goals And How Will You Assist Me?

Your agent will assist you to choose the insurance plan that will be best for you; a whole life or term insurance policy and to further advocate the policy to benefit your family on the long run. Whether you are planning to leave an inheritance for your children or to put them through college, an agent will help you make the most beneficial decision.

What Are The Benefits Of Choosing One Particular Policy Over Another?

Choosing an insurance broker such as NY Twin Bridges Insurance Agency in Albany, NY that can help you find good value is very important. Your agent should be able to explain to you why one policy is better for your particular situation compared to other policies. The agent should also be able to explain how the companies your agent is working with differs from others.

In Case of Problem, Who Should I Call?

If you encounter a problem or have any questions about the policy, it is important to know how your issues will be resolved and who to call. Often you have to call a support center but you want to look for a policy where your agent is your point of contact.