When deciding whether whole or term life insurance is right for you, there’s a lot to think about. Whole life insurance offers a death benefit and cash value that you can access while you’re alive, while term life insurance only offers a death benefit.

Whole or Term Life Insurance?

So which one is right for you? It depends on your needs and goals. If you’re looking for coverage to protect your family in case of death, then term life insurance is a good option. If you’re looking for a way to save for retirement or other long-term goals, then whole life insurance may be a better choice.

Contact Cross Creek Insurance Agency in Hope Hills, NC today to discuss your life insurance options. We can help you decide if whole or term life insurance is right for you.

Pros and Cons of Whole and Term Life Insurance

There are pros and cons to both whole and term life insurance. Whole life insurance can be more expensive than term life insurance but offers more flexibility and benefits. Term life insurance is less costly but only provides a death benefit.

Choosing the Right Life Insurance Coverage

When deciding which type of life insurance is right for you, you must talk to an experienced agent who can help you understand your options and make the best decision for your needs.

Cross Creek Insurance Agency has been helping Hope Hills, NC families with their life insurance needs for years. Contact us today to learn more about whole and term life insurance and to get a quote.

Those that live in the Hope Hills, NC area will find that being a business owner can be a great career path. As you are looking to build a business here, getting proper insurance needs to be a priority. There are various reasons why a business owner in this part of North Carolina must have a proper commercial insurance policy at all times. 

Protect Your Company

The most important reason you should have commercial insurance for your North Carolina business is so you can protect your company. Commercial insurance offers various coverage forms, including protection for your business assets and commercial liability risk mitigation. Both of these types of coverage can help to protect your business during some otherwise challenging situations.

Meet Requirements Set for Business

You also will want to get a commercial insurance plan to ensure you meet the standards set for your company. A variety of common contracts and transactions will result in a business’s insurance requirements. Most lenders, investors, vendors, and large clients will require that you have this coverage before entering into a transaction. This commercial insurance will ensure you remain in good standing with this obligation.

Being a business owner can be a good option if you are in the Hope Hills, NC area. As you are looking to build your business here, it would be helpful for you to call Cross Creek Insurance. Many choices come with selecting any insurance for your business, but Cross Creek Insurance can make it easier for you. These professionals understand the value of this coverage and can help you build a policy that will meet your needs. 

When you have a business in North Carolina, there are certain types of commercial insurance that you may need. Two types of commercial insurance are mandated for many North Carolina businesses, but these aren’t the only types your business could use to stay safer. Call us at Cross Creek Insurance in Hope Hills, NC to talk to an agent about the types of your business needs. 

Workers’ Compensation

This type of insurance is a policy that you have for your employees. Suppose one of them were to be injured while on the job. This policy would pay for the resulting medical bills. This insurance coverage is required if your business has at least three employees. The employees can be either full or part-time. This policy also provides several employee expenses, including their lost wages after an accident. It also includes employee disability payments. This can protect your business against liability and keep employees from suing for medical bills. 

Commercial Auto Coverage

If your business owns any type of vehicle, state law requires you to have it insured with a commercial auto policy. When a work vehicle gets into an accident that is your driver’s fault, this insurance will pay for the resulting medical bills for the third parties and the damage to their vehicle. It must have a specific amount of coverage for one person’s bodily injury liability and another amount for everyone’s bodily injury liability in the accident. It also requires a specific amount for property damage liability. These are the required coverages by law, but you can also add additional coverage to your policy to protect your work vehicle. 

Get Your Business Covered

If your business doesn’t have the coverage it needs, it’s time to call us at Cross Creek Insurance in Hope Hills, NC.

 

The greater Hope Hills, NC community can rely on the team at Cross Creek Insurance for all of its insurance needs. If you have questions about auto insurance, we can help! Our team is here to help guide you through your insurance decisions. Give us a call or stop by the office today!

What does your auto policy cover when you’re renting a car?

We all know the confusion that occurs when we are asked what insurance we want when renting a car. This can cause us to be over or under-insured. Do you know what your auto policy covers when it comes to car rentals?

It is common for people to do a little research when choosing their auto policy and then never really think about it again. This can create some issues when it comes to missing out on features you are paying for. There’s no reason to pay twice for a service!

Car rental insurance is one thing that many folks don’t realize comes with many auto policies. If you’ve never checked your policy to see what features it provides, it may not be a bad idea to sit down with a local agent. It’s a smart idea to know what you are paying for when it comes to your auto policy! If you want to have the insurance you need when renting a car, it’s a great time to review your policy.

Give us a call today!

The entire Hope Hills, NC area can count on Cross Creek Insurance for their insurance needs. If you are unsure if you have the auto policy that best meets your needs, call us today. We are here for you!

Though you may not want to spend any extra money on life insurance, the truth is that it could be a big mistake. Life insurance is meant to give you peace of mind to help your family after you are gone.

However, it is more than that. Here are many reasons why you need life insurance. 

Your family will get a lump sum of money after your death. Your beneficiaries will get their money in order to help them through difficult times. They will have the money to pay for your funeral, as well as keep their life going while dealing with their grief. 

If you were the primary breadwinner (and even if you aren’t), this money can help replace your income. It can help them keep up with their bills, including your mortgage, health care, electricity, and everything else. This will give them time to grieve before having to figure out how they are going to pay for everything without you. 

It is tax-free. If your policy is for fifty thousand dollars, your family will get all of it. They won’t get taxed and lose some of that money to the government. 

If you don’t want to worry about your family when you are gone, you need to get life insurance. They will get a lump sum of money to keep their bills paid, while they are dealing with their grief. Even better, it is tax-free, so they will get all of it! 

If you want to make sure that your family is protected, in case of your death, you should contact Cross Creek Insurance in Hope Hills, NC. We will make sure that you have enough life insurance to help your family. 

Hope Hills, NC area small business owners can rely on the folks at Cross Creek Insurance to help them secure the necessary policy to protect their businesses. We believe that business ownership is an important part of our community, and are dedicated to helping those in our area get the insurance coverage they need.

Protect your business with the right commercial policy

Protecting your business from loss and liability is a job for any successful business owner. There is a lot that can go wrong when it comes to running a business, and it only makes sense to have the right commercial policy in place.

As businesses grow and become more successful, their insurance requirements can change. It’s important to review all commercial policies at least once a year, if not twice. Making sure that your commercial policy is keeping pace with company needs is often a task that is overlooked or left undone.

Savvy business owners take the time to review all of their insurance protection needs on a regular basis. If their reviews reveal any gaps in coverage, they take the steps necessary to fill them. When a company has the right comprehensive insurance policy in place, owners and managers can focus on keeping the company thriving. There is no reason to have insurance coverage that lags behind a company’s needs. 

If you are unsure if your company has the right insurance in place, now is a great time for a policy review. Protect your company with the right policy.

Now is the perfect time to review your options!

Cross Creek Insurance is here for business owners in the greater Hope Hills, NC area. If you want to protect your business with a comprehensive commercial policy, give us a call today.

When you have people who will be left behind after you pass away, it’s important to have life insurance to give them a helping hand. This is especially important for anyone who is dependent on either your salary or your services. Whole life insurance is one type of life insurance that is popular for its many advantages. Find out what whole life is and how it works. If you need coverage, call us today at Cross Creek Insurance in Hope Hills, NC.

Insurance for Your Whole Life

Term life insurance is a type that is good for one set term such as 20 years. However, whole life insurance is good for the rest of your life as long as you keep paying the premiums as agreed. As long as you keep up the payments, it will be there for your loved ones no matter how old you become. This insurance is often preferred for just this reason. With term insurance, you would have to shop for a new policy after the term ended, and that would be at a much higher rate. With whole life insurance, you can keep it for as long as you want it.

Building a Cash Value

Another reason that this type of life insurance is so popular is that it builds a cash value over time. This means that after a few years, the policy will start to include a portion of the proceeds that it earns through your policy into a cash value that you can then borrow against. This can solve a serious financial problem if you need quick access to cash sometime in the future. 

Get Your Life Insurance Policy

If you are interested in a whole life policy, contact our office today at Cross Creek Insurance in Hope Hills, NC.

When you have a business in North Carolina, there are certain types of commercial insurance that you need to have. These keep you compliant with the law as well as protecting you financially if something should go wrong. If you need any of your required commercial policies or one that is smart to have but not required, call us at Cross Creek Insurance in Hope Hills, NC.

Workers’ Compensation Insurance

When you have a business that has three or more employees, you have to have workers’ compensation insurance. The employees that you have might be part-time or full-time. This coverage pays for the medical bills and other expenses, including lost wages, that may be due when an employee gets injured at work. Injuries on the job are ones that your business is liable for, and having workers’ compensation insurance makes it unnecessary for employees to sue you after an accident. 

Commercial Auto Insurance

If your business owns a vehicle, that vehicle must have a commercial auto insurance policy. This coverage is required to have different types of liability insurance. It must include at least a certain amount of bodily injury liability for when one person is injured in an accident that your driver caused. There is also a required amount for two or more people who are injured in an accident caused by your driver. There is also a minimum amount required for the damage to another person’s property, called property damage liability. For trucking companies, there may be other coverage types required in order to stay compliant with regulations. 

Get Commercial Coverage

If you have a business and you need commercial insurance, give us a call at Cross Creek Insurance in Hope Hills, NC. Talk to an agent about your specific business and find out what kinds of insurance you may need.

There are many benefits of choosing term life insurance over permanent life insurance in North Carolina. The choice can seem difficult because there are many benefits to permanent life insurance as well.

At Cross Creek Insurance, we know that Hope Hills, NC residents have a lot of options when it comes to choosing life insurance. We can help you to choose the plan and the policy that is best for you.

What is the Difference Between Policies?

In term life insurance, you choose a policy that expires at the end of the term. You choose the coverage amount for your budget, with a term of 5, 10, or 15 years. 

If you pass away during the term, the coverage is paid out to your beneficiary in one lump sum. This death benefit will cover funeral costs, income replacement, and pay for expenses for your beneficiary. 

Permanent life insurance is life insurance that has a cash value. This is considered an asset, from which you can collect dividends, withdraw from, or borrow against. It is typically more expensive than term insurance.

Benefits of Term Life Insurance

Term life insurance is excellent coverage for life insurance and offers traditional benefits of life insurance. The key benefit for the policyholder is that it is more affordable than premium life insurance. It also offers you a higher amount of coverage for a lower rate, with premiums that are set for the term.

The primary benefit is that it offers life insurance coverage at any time of your life when you have something to protect in the event that you pass away.

Get a Quote

If you are considering life insurance, term life insurance is a great start. At Cross Creek Insurance, we want Hope Hills, NC residents to know their options before they make the commitment. Call us for a quote today.

Those that are in Hope Hills, NC and have a dream of being their own boss could find that this is a great area to start a small business. When you are looking to establish a business in this area, you will always want to know that you are properly insuring your company. There are a few reasons why you will want to have commercial insurance coverage for your business here.

Protect the Organization

A primary reason to have a commercial insurance plan is so you can protect your organization. There is a lot of work and investment that goes into building a company and you will want to ensure you protect it. Commercial insurance will offer you several valuable forms of coverage. This includes giving you coverage if you have assets that are stolen or damaged or if you are named liable in a lawsuit.

Ensure Compliance with Agreements

You will also want to have a commercial insurance plan to ensure you remain in compliance with any and all agreements. The average business in this area will sign many agreements that can require them to carry coverage. This can include agreements with investors, lenders, landlords, vendors, or other interested parties. Having a quality commercial insurance plan will keep you in compliance with all such agreements.

Those that want to get commercial insurance in the Hope Hills, NC area will always want to know that they are fully covered with insurance. As you are looking for protection in this part of the state, calling Cross Creek Insurance is very beneficial. If you do call Cross Creek Insurance, you can be assured that you will get the support needed to fully evaluate your commercial insurance and choose a plan that is ideal for your situation.