Having a life insurance policy can provide a sense of security that family members and loved ones will be financially taken care of after you pass. But that policy may no longer meet the needs it once did. Things change and you may want to review that policy. That’s why our professionals at Hanneken Insurance Agency Inc. are available to serve the life insurance needs of Little Falls, MN community members.  

Family Size Has Changed

This stands as one of the primary reasons you may want to update or create a new life insurance policy. Families are blessed with new members and need coverage to keep them financially well if a tragedy occurs. Another family change that people seldom consider is senior parents living with you that require specialized care. The cost of medical professionals can be expense and it’s an important consideration. Meeting changing family needs will allow you to sleep soundly at night.

Beneficiary Changes

Taking out a policy at the birth of a child makes a great deal of sense. But when that little person becomes an adult with income and wealth of their own, changes in beneficiary sums may be better served going to a spouse or another family member. Families evolve and so should your policy.

Home Costs Change

Another common way of looking at policy coverage is having enough to pay off the family home in the event you or a loved one passes. Mortgages are generally the highest expense for everyday people and it’s important to have adequate coverage to take care of that bill and others. As your property value increases, so will taxes. It makes sense to look at the total cost of paying for and running a home.

At Hanneken Insurance Agency Inc. we serve the Little Falls, MN community and our professionals are available to create or update a life insurance policy that provides you and your family with secure coverage.

When you run a business, it’s impossible to anticipate every problem. Quite often you are so busy working within the business doing what you do best, than worry about the business of business, much less the nebulous trouble of what could go wrong that might go wrong.

Commercial insurance is meant to give you protection and  protect your business from damages like theft, employee injury and fire.

Whether you are a startup business or well established, it is wise to choose a commercial insurance that fits your style of business and your growing business needs. From year to year they may change, so it is advisable to contact to contact your insurance agent.

3 ways commercial insurance can help your business

Commercial insurance is meant to give you protection. It protect your business and gives you peace of mind.

1- Commercial liability insurance protects you from the damages that may occur to any third party. It covers personal and property damage to others, by averting most lawsuits, it insures that you can focus on your business rather than deal with issues.

2-  As we’ve found out with many hurricanes in 2017 and fires in California, fire and flood can devastate a business. Property insurance can cover those damages and get you back to work quickly.

3-  No matter how safe your business is, no matter how safe you keep your crew or your employees, if you are in business for any length of time, it’s a matter of time before someone gets injured. And workman’s compensation can alleviate a headache for you, and assuage your employees discomfort.

For more information on how commercial insurance can transform your business, call Hanneken Insurance Agency Inc. serving Little Falls, MN.