Let’s say that a Buford, GA resident has decided to purchase a life insurance policy. However, it can be difficult to choose between whole life insurance and term life insurance policies. To find out more about each of these policies and how they can best be utilized, be sure to read on.

Term Life Insurance

Those who purchase term life insurance only receive benefits after death and they must die while the policy is in effect. It is an easier policy to purchase and the use of the phrase "term" has to do with the amount of time that is being covered (anywhere from 5 years to 35 years).

These policies become more costly as we grow older. In order to ensure coverage over the long haul, these policies must be renewed before the chosen term has ended. They can also be added to a permanent life insurance policy. Term life insurance is able to be converted to whole life. 

Whole Life Insurance

These policies provide lifetime coverage and allow the insured to build a cash value accumulation over its lifespan. Health examinations are required and can be purchased without exams, albeit at a slightly higher cost. It will take between 12 to 15 years for the cash value to build. 

Whole life insurance is best for estate planning and works well for those who are looking to withdraw during the policy. The premiums are more than term life insurance policies and more suited towards those with more to spend upfront. 

Term life is best for clients who are younger, have children to consider and are the primary earner of their home. Older clients who are looking to care for their loved ones after they have passed on tend to choose term life insurance as well. Whole life insurance comes with j

Buford, GA residents that would like to learn more about the differences between whole life insurance policies and term life insurance policies are urged to pick up the phone and get in touch Town & Country Insurance. Their experts will be more than happy to help. 

The potential risk of encountering legal compliance issues, lawsuits, hazards, and different forms of losses happen every day to any business. Therefore, every business needs commercial insurance to protect itself against these perils. Here is a look at different types of commercial insurance in Buford, GA you should consider.

Property

The purpose of property insurance is to protect your business’s buildings and the contents inside of them. Many carriers provide additional coverage for loss of rent and inflation guards. This means that you should purchase property insurance even if you’re renting your business premises. The property policy that you’ll purchase can have coinsurance, a total insurable, and value deductibles.

Workers’ Compensation

The law requires your business to carry Workers’ Compensation insurance for all employees. The policy provides lost wage benefit and medical for employees who get injured at the workplace. In fact, the insurance will protect your business against employee lawsuits. Your Workers’ Compensation policy from Town & Country Insurance pays for lost wages and medical expenses until the employee is fully reimbursed for his or her losses.

Liability

It is advisable to have general liability to protect your business in the event that you encounter a lawsuit. The liability coverage will cover defense costs and perhaps settlements up to the limit of your general liability policy. Typically, the policy is split up into aggregate limit, premises limit, and products operations limit. The aggregate limit is the maximum amount of payout to all the claims combined while the premises and operations limits are designed for paying individual claims or occurrences. In most cases, liability insurance policies have additional coverages for premises that your business rents, medical payments, and non-owned car liability.

Auto

This is a very crucial policy for property damage and automobile liability. The automobile liability protects your business against lawsuits that stem from the business’s use of vehicles. Property damage protects your business from any damage to the business vehicles and is subject to deductibles.

It’s important to protect your investment against unforeseen risks. Do you need help determining the type of commercial insurance suitable for your business? Contact us today, at Town & Country Insurance, for more information and guidelines on how to secure affordable commercial insurance.

 

Buford, GA and the surrounding area has a variety of campgrounds that make camping in an RV fun. However, we at Town & Country Insurance have noticed many of our customers are trying to drive these recreational vehicles without insurance. This is a huge mistake that will cost you if you get into an accident.

You May Be Breaking the Law

If you drive an RV without recreational insurance, there’s a good chance you are breaking the law. In Georgia, all vehicles that can be driven and which require registration must have insurance. So if your RV is driven, and not hauled, you’ll need insurance or you are breaking the law.

And since RV laws vary depending on the state, you may or may not need insurance for certain types of vehicles. It is a safe bet, though, that getting into a crash with an RV that you drive is going to be very problematic if you don’t have insurance.

Monetary Loses are Practically Guaranteed

Without proper recreational insurance, you are going to pay a lot of money in an accident. For example, you are likely to pay for medical coverage for those you have injured, repairs to their vehicle, the costs of replacing certain types of property, and much more.

These costs are only going to increase if you cause the accident. While your RV will be repaired by the insurance of another if they cause the accident, you may still get a ticket and have to pay a fine for failing to have insurance. It’s basically a lose-lose situation for you.

Getting the Help You Need

So if you live in the Buford, GA and want to protect yourself when driving an RV, please don’t hesitate to contact us at Town & Country Insurance. Our specialists will find a way to get you the high-quality recreational insurance you need to be protected and safe.

For many people of older age, turning 20 seems like it was so long ago. And the truth is, turning 20 means you’re still fairly young. It also means you’re an adult and you need to take essential steps to set yourself up for a future that brings you peace of mind. From securing employment to going to college to investing in life insurance, there are several things you can do when you turn 20 that will help you obtain a peaceful future. Here at Town & Country Insurance, we’d like to provide you with a few reasons to make these critical decisions. 

Going to College

There has been a lot of debate lately regarding the cost and opportunity of going to college. For some people in Buford, GA, the cost of attending college and the available job opportunities doesn’t make financial sense. For others, though, going to college is the smartest move to make, especially for those going into the healthcare field. If you are thinking about going to college, it is imperative that you compare the cost of college and your expected salary once you graduate. 

Securing Employment

Whether you go to college or not, it’s a good idea to have a job when you’re 20. If you’re in college, then you may want to get a part-time job so you can have enough time and attention to direct toward your studies. Still yet, having a job while you’re young is an excellent way to gain valuable real-world working experience. 

Investing in Life Insurance

The younger you are, the cheaper life insurance is going to be. This is why all young people should purchase a policy as soon as possible. Not only does it help secure low premiums, but it also helps you sleep well at night knowing you are going to protect the financial future of your soon-to-be spouse and children. 

To learn more about the advantages of investing in life insurance, contact Town & Country Insurance serving the Buford, GA area. 

Most business owners know that they need insurance coverage for protection due to fire, theft, injury, and liability. However, whether you are a small Buford, GA business or a large corporation, you need to protect yourself from cybersecurity breaches, too. Statistics show that after having their computer system hacked, 50 percent of small companies go out of business. One of the main reasons is because they don’t have data breaches and cyber liability insurance coverage. Keeping your business safe from criminal hacking is key. Here’s what you need to know about cyber liability from Town & Country Insurance.  

Small businesses are a favorite target

While big data breaches get all the headlines, 43 percent of all cyber-attacks happen to small firms, according to Small Business Trends. 

Restoring your reputation is costly

A firm’s reputation drops after a data breach. Your customers may become wary. It is estimated with firms that have been hacked, they lose up to a third of their customer base, on average. It may take a lot of money and years of confidence-building to rebuild your reputation.  

Cybersecurity liability isn’t just about hacking

You could be held liable for any cost that involves loss of data, such as data breached on a customer’s stolen, or lost, laptop or smartphone.  

What Does Cyber Liability Insurance Cover? 

In addition to protection from business losses due to loss of data, extortion, disruption of activity, and computer fraud, a basic cyber liability insurance policy typically covers costs relating to: 

• Repairing affected computer systems 
• Notifying authorities and victims who may be affected by a breach of data 
• Defense against regulatory penalties and fines 
• Victims losses due to identity theft 
• Rebuilding your reputation 
• Lawsuits and class action suits claiming breach damages 
• Liability for copyright infringement or malicious falsehoods a hacker may insert 

If your business relies on networked technology, you need data breach insurance and cyber liability insurance. Town & Country Insurance has the experience and expertise to help you protect yourself from cyber crimes. If you live in Buford, GA, call us today to find out more about how we can tailor a policy to meet your specific needs. 

There are many facets to recreational insurance coverage. Whether you live in your RV fulltime or use it mostly for road trips, insurance is a must to protect your interests. At Town & Country Insurance, we recognize the importance of getting the right insurance coverage for your vehicle. Here are some of the most important features that RV insurance has to offer.   

Liability Protection  

RV liability coverage is mandatory in Georgia, with minimum requirements being $25,000 per person for both bodily injury and property damage. If you travel frequently around Buford, GA or beyond, you should consider getting more than just minimum liability coverage. Extra liability coverage will protect your assets if you’re found liable for an accident that causes serious injuries or property damage to other motorists.

Protection for Your Vehicle

At the same time, you need protection for your own investment, especially if you’re still paying off your vehicle. Collision coverage will help pay for damages to your RV if you crash into another vehicle. This will greatly reduce the amount of money you spend out of pocket. With replacement coverage, your insurer will cover the cost of replacing your RV if it’s totaled in a crash.

If you travel a lot, you should consider comprehensive coverage as it protects you against theft and damages caused by inclement weather. You may also want uninsured motorist insurance in case you’re hit by someone who has insufficient coverage or no insurance coverage at all. You don’t want to be left footing the bill for accidents caused by others.

RV Insurance Costs

When choosing RV insurance, consider the value, age, and condition of your vehicle as well as how your RV is used. By being selective in your coverage, you can get adequate protection without straining your budget. For quality insurance protection at affordable costs, contact Town & Country Insurance in Buford, GA.

Like most types of insurance, life insurance comes with many different choices depending on your specific circumstances. This is good news because it allows a person to customize their policy however they like, but it can also be confusing to be presented with so many choices (not to mention the insurance jargon that comes with all those choices.) Two major types of insurance include permanent and term insurance, and they each come with specific benefits. Town & Country Insurance wants the people of Buford, GA to learn more about when to choose one over the other. 

Insurance with a Deadline 

You can think of term insurance as having a specific deadline based on the policyholder’s wishes. The most common way it’s used is to provide for minors until they come of age. So if you have three children, you might want to set your life insurance to expire when the youngest turns 21. This way, you know they’ll be taken care of if something happens to you. If you would prefer to have a policy for your spouse or your children no matter what, then you should choose permanent insurance instead. 

Finding Help 

Term life insurance tends to be a lot more affordable than permanent insurance, but permanent insurance also offers a savings component that term insurance doesn’t. In other words, if you happen to hit a financial emergency, then you can borrow against your permanent life insurance policy. Calling Town & Country Insurance is an excellent way to sort out which policy is right for you. If you live in Buford, GA, give us a call today to find out more about how policies can be personally tailored to fit your specific needs, no matter what your financial or dependent situation happens to be. 

When you own a business, it is imperative that you also have an excellent commercial insurance policy in place as well. However, not all commercial insurance policies are created equally. In fact, they are all created differently based on the type of business you have and what kind of coverage you need. Here at Town & Country Insurance, serving Buford, GA, we know that you need to be careful when buying commercial insurance. Use these tips to make sure you get everything you need in your policy. 

• Be detailed regarding the work you do – When you are talking to an agent, you want to make sure that they know what you do. This will help them develop a policy that meets your needs. Going into detail is the only way to make sure you get what you need. 
• Think through your employment policies – Commercial insurance should also take into account your employees and the liability that comes with them. Not only do you want to make sure that you protect your employees but also your business from your employees. The right commercial insurance policy is the perfect way to do both of these things as long as the policy has been crafted in a way that works both ways. 

As you can see, there are many different things to take into account when you are getting a commercial insurance policy. Even if you do not want to go through these steps, it is essential to get everything you need in one policy. Having the right agent on your side is imperative. If you are interested in getting commercial insurance for your business, be sure to reach out to Town & Country Insurance, serving Buford, GA, to speak with an agent and learn how to get started.

Many residents of the greater Buford, GA area are outdoor enthusiasts, and when the weather is nice, you can often find them on the water or out in the woods. If you have a recreational vehicle such as an ATV or jetski, having adequate insurance coverage is often a smart idea. Town & Country Insurance is here to help you meet those needs and help you rest easy knowing that you have adequate coverage of your toy vehicle. An insurance policy that covers children and underage operators is often beneficial if your kids are using these vehicles.

Coverage for Theft, Damage, and Liability

Certain toy vehicles require registration and insurance coverage while others do not. For example, if you do not take your ATV on the road but simply use it as a trail vehicle, it may not be required under Georgia law to be registered or insured. However, Town & Country Insurance recommends that their clients in the Buford, GA area carry insurance for all of their vehicles whether they are used on the road or not. 

Liability protection is the most compelling reason to carry insurance for your recreational vehicle, especially those that are used by children. If your child or one of their friends are injured while on the vehicle, or if they cause damage to another person’s property, you can be held responsible for damages. Our professional insurance agents are knowledgeable about the policies that include coverage to keep you protected from any such situation.

It is strongly advised that you have comprehensive coverage in place prior to your child’s use of an ATV or other recreational vehicles. Please call us today to review your insurance needs and to learn about the possible solutions.

Life insurance is something that many people are confused by. This is because there are a lot of different types of policies available for purchase and a lot of people do not know if they need it or how much to purchase. This guide from Town & Country Insurance, serving Buford, GA, can help you get a basic understanding of life insurance. 

• Life insurance is a benefit for the ones you leave behind. You will not benefit from life insurance at any point in your life in most cases. However, it is a great way to help take care of the people that you love if you are no longer around. It is also a great way to pay any of your existing debts so that your family does not have to do it for you. 
• You get to choose how much life insurance you want. You can choose to purchase a set amount of life insurance when you are choosing your policy. Because of this, it is recommended that you get only the amount you will need for your specific goals after death. 
• There are different types of life insurance. The two main types that are purchased today include term and whole life insurance. Term life insurance is a policy that is in place for a set number of years and then expires. Whole life insurance is a bit more expensive, but once you pay it off, it is in place for your entire life.

There is still a lot more to learn about life insurance, but this guide should have helped you gain a better understanding of how it works and the options you have available to you. For more information or to get a quote for your life insurance policy, be sure to contact Town & Country Insurance, serving Buford, GA, today.