Are you debating life insurance for your Saint Paul, MN family but aren’t sure if it’s right for you? Let us help you at Rising Star Insurance. There are many reasons why you need life insurance. However, these simple reasons all help to make your family safer after you pass. Here are three of the most common reasons people get life insurance and what you need to know about them.
Death Can Come at Any Time
Are you still relatively young and in good health? That’s wonderful, but death can happen even to the most prepared person. We’re not trying to scare you here, but it is essential to remember that things like car accidents, cancer, and much more don’t care about your overall health and youth.
Your Loved Ones Need Protection
Are you the primary breadwinner in your family? Then it would help if you had life insurance for after you pass. This policy will help your family take care of your after-life needs and recover after losing you. Money is not enough to replace you, but it can help make life a little easier to handle.
Life Insurance is Usually Not Taxed
When you leave money to your family after you pass, much of it will be heavily taxed, and your family won’t see that portion ever again. However, a life insurance policy is not taxed, meaning that they’ll get the vast majority of the payment, making life easier after you pass away.
Give Your Family This Help
If you want life insurance that Saint Paul, MN can trust to handle your after-life needs, please call us at Rising Star Insurance right away to learn more. Our team will work with you to find a meaningful policy and ensure that you are satisfied.
The Saint Paul, MN area has continued to be a good place to own and operate a business. If you do own a business in this part of the state, you can find that there is a lot of support for small organizations and that you can be quite successful. While there are clear opportunities for those in this area to do well, there are risks as well. A way that some risks can be offset is by getting a commercial insurance plan as it can protect a company in several ways.
Mitigate Liability Risk
A great way that someone can benefit by having a commercial insurance plan is that they can offset their liability risk. Business owners should always be aware that there is a chance that they could be held liable for an accident that results in a loss. As the damages can be significant, getting commercial insurance to mitigate the risk is helpful.
Protect Assets of Company
You can also be protected by commercial insurance as it can cover your assets. A commercial property insurance plan can cover a wide range of assets that are owned by a business. If they are stolen, damaged, or destroyed, your commercial insurance plan can give the coverage you need to repair or replace them.
Businesses all over the Saint Paul, MN area are going to need to have proper insurance support in place. If you would like to get commercial insurance protection here, it is always beneficial to speak with someone that you can trust and that is experienced. In this area, Rising Star Insurance is always a great group to call. The team with Rising Star Insurance can help you carefully assess all insurance options and give any support needed to build your next plan.
When you think about life insurance, you see a safety net that protects your family and loved ones when you are long gone. While life insurance protects what matters most, have you thought about updating your policy? Life insurance isn’t a “buy and forget” policy. Rising Star Insurance in Saint Paul, MN, recommends you update your policy from time to time to ensure it meets your needs.
Not sure when you should update your life insurance policy? Here are the reasons you should review your life insurance policy.
Change of beneficiaries
A beneficiary is a person entitled to receive your life insurance proceeds when you die. Always have an up-to-date beneficiary list. Remove or add your beneficiary list should you marry, add a child, or divorce. Updating your beneficiaries smoothens the claim process when your loved ones lodge one.
You have a new job
Landing a new job is a big step in your life. As such, you need to check with your life insurance agent to see if your needs are still covered adequately. It’s essential to account for the changes in your income and lifestyle in your life insurance policy.
You have started a business
Life insurance isn’t for individuals only – it can benefit your business, too. Life insurance is pivotal for a business as the proceeds can be used to settle commercial loans or buy your shares to keep your legacy in the business.
You have added debts
Added a mortgage to your debt portfolio? Your life insurance agent should know about this and adjust your policy accordingly.
Learn more about life insurance in Saint Paul, MN
Still not sure when you should review your life insurance plan? Don’t worry. Life insurance can be a confusing topic for many. Fortunately, at Rising Star Insurance, we are here to become your lifelong partner when it comes to life insurance. Contact us today to get the conversation started.
Anyone that resides in the Saint Paul, MN area will have various insurance needs. One form of life insurance that people in this area of the state should consider getting is life insurance. This form of coverage can provide financial protection to the beneficiaries of the policy. There are several reasons all people in this area of the state should consider getting a life insurance plan.
Coverage Provides Financial Support
A key reason to have a life insurance plan in this part of Minnesota is that it will offer financial support. Life insurance is designed to provide an insurance payout if the policyholder passes away during the term of the policy. This can be a great way to protect the financial future of those that you care most about. It can also cover end-of-life expenses, which otherwise may be a burden on your loved ones.
Coverage Offers Investment Incentive
You may also want to have a life insurance plan as it can provide a good investment incentive. If you choose to get a whole life insurance plan, some of the monthly payments will build up in an account and accrue interest. This can make whole life coverage a good low-risk investment and is a good addition to your total financial plan.
People that are in Saint Paul, MN area would always benefit by having a proper life insurance plan. If you are in the market for a new policy in this area, it would be a good idea for you to call Rising Star Insurance. There are a lot of choices that come with life insurance and Rising Star Insurance can help you simplify your options. This can help ensure that you will receive the ideal life insurance coverage for your situation.
A boat is not an ordinary asset in Saint Paul, MN and owning one is pride. Getting decent insurance for your boat is not an overnight affair, as there are factors you must never overlook. It is prudent not to merge your homeowner’s policy with your boat insurance, lest you miss coverage like Wreck towing and salvage services. It is also wise to choose your insurer wisely since working with an institution such as Rising Star Insurance is a rewarding experience.
What To Consider
Insurance institutions look into several factors when engaging their clients on boat insurance. Luckily, almost every vessel has a matching policy with a reasonable price. Factors such as the value of your boat, current condition, physical size, horsepower, and the operating region, are among the primary ones when looking for a policy. Such determine the amount of money you pay for your policy.
What Insurance Options Do You Have?
Boat insurance policies come in two options, actual cash value, and agreed value. The approach employed to calculate the value of depreciation is the only factor that brings the difference. The second option concentrates on the initial value of the boat at the time of writing the agreement. It is more expensive but does not consider any depreciation, even in situations of total loss. The actual cash value is less costly because depreciation is a primary consideration. It compensates your boat depending on its current value after devaluation.
Getting boat insurance in Saint Paul, MN is not debatable as it falls among the most crucial requirements. You must buy a cover for your vessel in most states. You may have challenges trying to dock your boat without an insurance policy. Whether your state has laws governing boat insurance or not, failure to get a policy is not worth the risk. Contact Rising Star Insurance today to enjoy a smooth operation, knowing your vessel or finances are not in jeopardy.
Safeguarding assets is a number one priority for most people in Saint Paul, MN. With an umbrella insurance policy with Rising Star Insurance, you can enjoy extra protection over and above the existing limits of other insurance policies.
What Does an Umbrella Policy Cover?
An umbrella insurance policy protects you against significant liability claims that aren’t covered by other liability policies you have. An umbrella insurance policy will generally cover damage to property, injuries, and particular lawsuits.
While you might have other policies like homeowners insurance that cover some of those occurrences, it is vital to get umbrella insurance to cover you beyond the limits of those coverages.
An umbrella insurance policy doesn’t cover for:
- Deliberate or criminal actions leading to damage to other people
- Liability under a contract
- Business losses
Do You Need an Umbrella Insurance Policy?
Umbrella insurance can come in handy for everyone. That’s because everyone is prone to accidents. Umbrella insurance policies help to avoid paying a high cost to a person’s legal or medical bills if you’re found responsible.
Let’s put it into perspective. Suppose you’re found responsible after a visitor is injured while walking or playing in your yard. Umbrella insurance will cover the resulting costs up to the limits of your policy.
Your umbrella insurance policy can also extend to your children, spouse, and other relatives residing in your home. That means that you will have everything covered in case your teenage daughter causes an accident.
Get an Umbrella Policy Today
We’re in a world where anything can happen at any time. Your neighbors can sue you for anything, bringing about a significant financial burden. Even if you’re the most cautious person, you can end up being caught up on the wrong side of the law.
Are you seeking to find the most affordable insurance company in Saint Paul, MN? Check out Rising Star Insurance to stay protected.
You bought a motorcycle so that you can enjoy the feeling of freedom it brings as you are riding down the highway, and you will want to protect the investment you made in your bike. To do that, you will need to have an insurance policy in place and the motorcycle insurance agents at Rising Star Insurance in Saint Paul, MN understand the importance of being protected.
Liability Motorcycle Insurance
All motorcycle owners in the state of Minnesota must have at least liability insurance to drive the motorcycle legally on the roadways. There is a minimum amount of liability insurance that you must carry at all times that will cover injuries and property damage to another person that you were involved in an accident with that is your fault.
Underinsured and Uninsured Insurance
Although not required in Minnesota, it’s a good idea to have underinsured and uninsured insurance coverage for your motorcycle. This will protect the investment you made in your motorcycle if you are involved in an accident that is the fault of someone who has no insurance or not enough insurance to cover the damage to your bike or injuries that you sustain in the crash.
Collision Motorcycle Insurance
Collision insurance will cover any damages to your motorcycle that occur if you collide with another vehicle or an object.
Comprehensive Motorcycle Insurance
Comprehensive motorcycle insurance will cover the repairs or replacement of your bike if it is destroyed or damaged in a fire, a natural disaster, or due to vandalism. It will also cover your motorcycle if it is stolen.
Obtain Your Policy
To obtain a motorcycle policy to protect you and your bike, you may contact the motorcycle insurance agents at Rising Star Insurance in Saint Paul, MN to obtain a quote and to get your policy started today!
What a great question! Here at Rising Star Insurance we always welcome questions like these from our clients. We are thrilled to serve the boating community in the greater Saint Paul, MN area! Of course, the answer to this astute question depends on a number of different factors.
Let’s Take a Closer Look Your Boat Insurance Policy
Owning a boat is a serious pastime in our neck of the woods, and it’s a smart idea to have comprehensive insurance. And when you have the right coverage for your situation you can rest easy knowing you have the protection you need!
- Dry dock — do you store your boat in the dry dock over the winter? Make sure that you have damage and theft coverage for when your boat is on dry land.
- Marina — is your marina safe? With the right policy, you’ll have the protection you need, wherever your boat may be.
- Transport to and from the water — if you trailer your boat to and from the water, make sure that your trailer, vehicle, and boat are all adequately covered.
- Liability — with robust liability protection you are safe if your vessel is involved in an accident that causes injury, property damage, or the loss of your boat.
Get ready for boating and lake season by confirming that your boat policy is the right one for all your nautical needs.
Contact us today and review the boat insurance policy options available in MN
If you are a boat owner in the Saint Paul, MN area, it’s time to meet with Rising Star Insurance and review your policy options. There are many different types of boat insurance available, stop by today and let’s make sure yours has the coverage you need!
Having enough insurance is different for everyone. For many people, having enough liability insurance entails getting an umbrella insurance policy. This kind of insurance works alongside the auto and home coverage that you already have. If you are interested in umbrella insurance, call us at Rising Star Insurance in Saint Paul, MN.
Liability and Auto Insurance
If you have auto insurance, you may know that it comes with a certain amount of liability coverage. This liability coverage, however, is often relatively low. Today’s costs for injuries and property damage are higher than ever, and that can mean that your insurance policy doesn’t pay for everything before it meets its maximum payout. If you have umbrella insurance, that’s when your umbrella policy kicks in. It covers over and above the amount that your auto insurance will pay to give you a much higher maximum payout.
Liability and Home Insurance
Umbrella insurance works in much the same way with home insurance as it does with auto insurance. It gives you a higher maximum payout after your home insurance has paid its maximum for liability. This gives you another high maximum that can pay off your liability without you having to pay for it out of your own pocket.
Get More Liability Coverage
In today’s world, medical bills and property have skyrocketed, and your liability insurance coverage may not have kept up with the times. If you want to be protected from the many accidents and incidents that can lead to you paying for medical bills and repairing the property, call us at Rising Star Insurance in Saint Paul, MN. Make an appointment to talk with an agent about umbrella insurance policies and how they can protect you from costly bills and lawsuits.
Do you have children? If so, you need a life policy from Rising Star Insurance. Having this type of policy can help ensure your kids are taken care of in the event of your death. Keep reading to learn why every Saint Paul, MN parent needs to have adequate life insurance.
Why Parents Need Life Insurance
It’s probably pretty obvious that working parents have a big role in the financial structure of the family. After the death of a loved one, the surviving family can sometimes have a hard time making ends meet or even keeping up with the mortgage. However, the proceeds from a life insurance policy can help fill in gaps, pay off the house, and more.
And, yes, even stay-at-home parents need life insurance coverage. The reason for this is that the adult who chooses to take care of the household may only contribute a minimum financially, but they play a huge role in childcare, household tasks, and more. After a death, the surviving parent would be forced to hire someone to come in and take care of the same things.
Even Divorced Parents Need Life Insurance
Although it might be difficult for some co-parents to arrange, even divorced couples need life insurance coverage. The reason for this is that if one parent dies, the other one will likely still need the support of some kind, whether that’s financial or just an extra babysitter once in a while to fill in the gaps. Plus, having a policy ahead of time can help ensure the children have the resources they need to thrive.
Our Rising Star Insurance Team Can Help
While having a difficult conversation about life insurance is tough for most couples, protecting your children is well worth the discomfort. By ensuring you have enough coverage, you can rest assured that your family will have the financial resources necessary to carry on after the unthinkable.
Are you looking for life insurance in Saint Paul, MN? Please contact our Rising Star Insurance team today to schedule a no-obligation consultation appointment.