Will I Have to Have a Medical Checkup When I Get Life Insurance?

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Obtaining life insurance typically includes going for a checkup with a physician. The insurance firm bears the expense of this medical examination, which usually takes less than an hour to complete.

At Irvington Insurance in Indianapolis, IN, we assist our clients in procuring life insurance coverage. We also cater to individuals who wish to acquire life insurance but prefer to avoid a doctor’s appointment. Here, we provide essential information about life insurance coverage.

Is a Medical Checkup Necessary for Life Insurance?

A medical examination is typically (though not always) a requirement for acquiring life insurance. This checkup aims to enable the insurance company to assess the risk of granting you insurance accurately and to set the policy rate appropriately. This evaluation assists the insurance company in determining the amount of coverage you can purchase and its cost.

There are insurance policies that can be purchased without a doctor’s examination. However, such policies prevent the insurance company from assessing the risk involved in insuring you. This could lead them to assume a higher risk, which may result in a lower coverage amount at a higher cost.

What to Expect If You Do Not Want a Medical Checkup

If you desire to take life insurance but are not keen on undergoing a medical exam, you should be prepared to pay a higher premium. You might also have to answer several health-related questions without having to schedule a full medical examination.

If you are considering life insurance, contact Irvington Insurance in Indianapolis, IN. We offer life insurance policies to our clients and can help you choose the policy that best fits your needs.

My Home Was Just Damaged By Fire – How Do I File A Claim?

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Your home insurance policy should cover damage caused by fire, which is a common peril covered by typical policies. 

Filing a homeowner insurance claim can be a stressful process if you don’t know what to do. Getting help from your insurance agent is the best way to make the process easier.

Your insurance agent at Irvington Insurance, servicing Indianapolis, IN, can provide you with the information you need to file a claim on your home insurance. Here’s what you need to know. 

Document Damage

Documenting damage is one of the first steps to filing a home insurance claim. To do this, you’ll take pictures of the damage and keep all information relating to what happened.

If you file a police report, keep copies of that report for your insurance claim. Your insurance agent will give you information on what specifically needs to be documented. In addition, you may receive paperwork about your insurance claim. Keep that paperwork for yourself. 

Call Insurance Agent

Early in the process, call your insurance agent to get information about moving forward with an insurance claim. One of the things you’ll need to know is how much your deductible is.

If the damage exceeds your deductible, you may decide not to file an insurance claim. Your insurance agent can provide you with paperwork about your policy if needed and can help walk you through the steps of filing a claim. 

Make the Repairs

Once you’ve coordinated with your insurance agent, then it’s time to start the repairs. Save all receipts and paperwork during this process. This information will be important for filing your claim. 

Do you have questions about filing a claim after a home fire? Call Irvington Insurance, servicing Indianapolis, IN, to learn more about how we can help you. 

Do You Need to Add Your Teen Driver to Your Auto Insurance Policy?

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Experience Outstanding Auto Insurance Services at Irvington Insurance

Irvington Insurance in Indianapolis, IN, prides itself on its committed, capable insurance specialists who strive to tailor your auto insurance to fit your precise needs. Our years of experience ensure thorough elucidation and effective navigation of complex insurance details.

Protecting Your Teen Driver with Auto Insurance

When considering auto insurance for your teen driver, there are crucial factors to bear in mind. Teen drivers often cause insurance rates to rise as they are considered high-risk. However, including your young driver in your policy ensures their full insurance in case of an accident. Further, knowing your teenager is insured brings invaluable peace of mind.

Assessing your teen’s driving record and level of experience is crucial, as these variables directly influence insurance rates. Although having a teen driver included may initially seem costly, the safety and security it brings can outweigh financial considerations.

Optimal Auto Coverage in Indianapolis, IN

At Irvington Insurance, serving Indianapolis, IN, we offer top-tier auto coverage to meet your unique needs. Our professional team is geared toward selecting the best insurance plan that only provides what you need.

Contact us today and receive industry-leading service and the peace of mind that comes with comprehensive coverage. Trust in Irvington Insurance for unparalleled auto insurance plans in the Indianapolis area.

The Role of Life Insurance in Community Development

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Life insurance, often associated with personal financial planning, has significant potential to drive community development initiatives. Beyond providing financial security for individuals and their families in the Indianapolis, IN area, life insurance plays a multifaceted role in fostering economic growth, social stability, and community resilience.

Financial Stability for Families

At its core, life insurance offers security for families when the ultimate breadwinner dies. Life insurance ensures that loved ones can maintain their standard of living, cover expenses, and pursue their long-term goals even after the loss of income. 

Facilitating Intergenerational Wealth Transfer

Life insurance is a strategic tool for wealth accumulation and transfer across generations. Policyholders can use life insurance policies to build a financial legacy for their heirs, giving them an inheritance that can support their educational pursuits, entrepreneurship endeavors, or homeownership aspirations. 

Supporting Small Business Growth

Business owners rely on life insurance policies and can use them as collateral for loans, ensuring access to capital for business expansion, equipment purchases, or operational expenses. Additionally, life insurance can provide a succession plan for small businesses, ensuring a smooth ownership transition in the event of the owner’s death. By supporting small business growth and continuity, life insurance contributes to job creation, economic vitality, and community resilience.

Strengthening Social Safety Nets

Life insurance can also strengthen social safety nets and community support systems. Policies with charitable components or beneficiary designations to nonprofit organizations can contribute to philanthropic causes and community development initiatives. These contributions support vital services, such as education, healthcare, affordable housing, and disaster relief efforts, addressing societal needs and enhancing the well-being of community members.

How Irvington Insurance Can Help You

At Irvington Insurance, we can help answer questions concerning life insurance. We serve the Indianapolis, IN, area. Call us today.

Does Homeowners Insurance Cover All Natural Disasters?

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Whether you’ve been a homeowner for a while or just recently become one, you might have some questions about homeowners insurance and what it covers. Many homeowners have one question: how to file a claim, while others wonder if homeowners insurance covers natural disasters. While it would seem logical for homeowners insurance to cover natural disasters, they don’t since they’re out of your control. Here is a brief overview of what’s not covered.

Many Natural Disasters Are Covered

Even though homeowner’s insurance doesn’t cover all natural disasters, some common ones aren’t. These disasters are often covered:

  • Tornadoes/hurricanes/similar wind and hail damage
  • Winter storms involving snow, sleet, and freezing rain
  • Lightning and thunderstorms
  • Explosions
  • Volcanic eruptions

Natural Disasters That Aren’t Covered

Again, some natural disasters aren’t covered under your primary homeowner’s insurance policy. If you want coverage for these uncovered disasters, you’ll need to purchase an additional insurance policy. The natural disasters that typically aren’t covered are the ones that aren’t on the list above. This is why purchasing additional coverage is important if you live in an area where other natural disasters are common. Flood insurance is a common add-on, even for homeowners who don’t live in high flood areas. There are other homeowner’s insurance add-ons, so be sure to discuss what’s available with your insurance agent, who can explain all the different policies. 

As you can see, most standard homeowner’s insurance policies don’t cover all natural disasters, but some cover many. If you’re an Indianapolis, IN, homeowner and need a new insurance company, you should consider us at Irvington Insurance. At Irvington Insurance, we provide top-notch coverage for Indianapolis, IN residents and beyond. Give us a call today for a quote. 

Three Things to Know When Making a Claim Against Auto Insurance

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When you submit a claim against your auto insurance, it’s important to have all of your information straight and to know what your insurance company needs from you to make that claim.

At Irvington Insurance, servicing Indianapolis, IN, we proudly provide information to our customers to help them through the claims process. We know that filing an insurance claim can be stressful, and we’re here to make the process as smooth and stress-free as possible. Here’s what you need to know. 

1. Know Your Deductible

Your deductible is the amount you must pay for your vehicle repair before your auto insurance will pay. The deductible varies from one policy to another.

Some people choose a higher deductible because it will save them money on their auto insurance policy, while others choose a lower deductible because they want to pay less if they have to file a claim. You can find your deductible amount by contacting your insurance agency or looking at your policy. 

2. Know How Long You Have to Submit a Claim

Your insurance agency will require your claim to be submitted within a certain period. This information is important, especially if you don’t plan to file your claim immediately after the covered event. 

3. Know What’s Required to Submit a Claim

Your insurance agency will require specific types of paperwork when you file a claim against your insurance. Knowing what’s required when you submit a claim will help you submit all the paperwork on time and keep your claim moving smoothly. At Irvington Insurance, servicing Indianapolis, IN, we can answer your questions and give you the information you need to submit a claim through your car insurance. Call today. 

Are You Too Old For Life Insurance?

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We at Irvington Insurance know that far too many older people think their life insurance window is closed. That’s not the case! If you live in Indianapolis, IN, and are a senior with no life insurance protection, please read on to learn more about why it’s never too late to apply.

It’s Never Too Late to Get a Policy 

A common misconception is that you can’t get life insurance once you reach a certain age. That’s not true. Many people in their 50s to 70s get insurance all the time. It’s a smart idea because it can protect you and your family in various important ways.

For example, it can pay for your funeral expenses and even help your family as they prepare to sell your home, disperse your estate, or take other important steps. You can’t ignore it, so make sure you look for a policy that seems right for your needs.

Term-Life Policies Work Well for Many 

While whole life insurance policies are a popular option for many people, they may not be the best choice for older adults. Instead, a term-life policy is probably a better choice for you. That’s because they typically cost less than a whole life and provide strong protection. 

Furthermore, most term-life policies last between 10-30 years, which is a good amount of time for older adults. For example, if you’re in your 70s, a 30-year plan is probably a wise investment and is typically available at far less than a more expensive whole-life insurance option.

We Can Help You!

Don’t think it’s too late to get life insurance coverage! At Irvington Insurance, we’ve helped many Indianapolis, IN your age or older get the policies they deserve. Please don’t hesitate to contact us if you’re interested in coverage, and we’ll do what we can to help you out.

Four of the most important details on your home insurance policy

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Insure your home in Indianapolis, IN with a policy from Irvington Insurance. The insurance coverage that we provide can protect the investments you make in your home and give you a sense of security.

Here are four of the most important details you need to be aware of regarding your home insurance policy. 

The amount of liability coverage your policy includes

You need to ensure that your policy offers adequate liability coverage to prevent financial hardship if you face a lawsuit as a homeowner. Check your liability coverage amount options and determine which coverage amount option will fully protect your assets. 

The deductibles on your policy

Knowing how the deductibles work on your policy is important. You need to make sure that you always have at least the amount of your highest possible deductible in an emergency fund. This way, you know you can pay your deductible without problems if you have to file a claim. 

The exclusions that limit policy coverage

Home insurance policies will exclude coverage for certain types of damage such as water and earthquake damage. If you want these types of damages covered by your policy, you’ll probably need to add endorsements to your policy that provide you with these types of coverage. 

The policy term

Home insurance policies aren’t permanent. They only cover you for a certain length of time. Home insurance policies usually have a term length of one year. Once a year has passed, you will probably have to renew your policy to enjoy continued coverage for your home. 

Enjoy financial protection as a homeowner with insurance coverage from Irvington Insurance. Call us now to get a policy quote. 

How to Choose Automobile Insurance Coverage

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If you’re purchasing a vehicle for the first time, you need to think about insurance. In the state of Indiana, a minimum of liability insurance is required. If you’re financing a vehicle, most finance companies require full coverage, which includes collision and liability. There is even the option to add comprehensive insurance, which covers your vehicle in case it’s damaged during an event that doesn’t include a car accident. If you’re having trouble choosing insurance for your new vehicle, here are some tips that can help.

Do Your Research

Instead of simply choosing the first auto insurance company you can think of, it’s a good idea to conduct some research. Rates and coverage can vary dramatically regarding different insurance agencies, so research is a good idea. During your research, be sure to inquire about any discounts that may be available. It can be easier to check out different insurance agencies online, but making phone calls and in-person visits are fine, too. 

Be Sure to Purchase the Right Type of Insurance

Determining whether to purchase liability or full coverage insurance can be difficult if your car is paid in full. However, some things to take into consideration are:

  • How often you drive the vehicle (the more often you drive, the greater your probability is of becoming involved in an accident)
  • How new the vehicle is (if the vehicle is new, full coverage is recommended because replacement in the event of a total loss could be expensive)
  • Your budget

If you’re in the Indianapolis, IN area, consider Irvington Insurance. We have been providing top-notch service and coverage to our customers for years, and we’re ready to provide the same to you. Contact Irvington Insurance today, and one of our experienced and professional licensed agents will be more than happy to give you a quote. 

What type of life insurance is right for me in Indiana?

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If you are a resident of the Indianapolis, IN area, you will likely know that there are many important types of insurance to consider getting. While many forms of insurance are designed to protect against liability risk or cover assets, life insurance is another important type of coverage. Today, various types of coverage are available, and it is important to understand the benefits and features of each when selecting a new plan.

Term Life Coverage

A common form of life insurance for many people is term life insurance. This is an ideal coverage option as it is customizable to meet your needs regarding coverage length and policy term, coverage amount, and premium costs. The plans tend to range from 10 to 30 years, and you will know exactly what your benefit is. A downside to the plan is that it does not offer any cash value or investment benefits.

Whole Life and Permanent Life Coverage

Another option for life insurance to consider is whole or permanent life insurance. This is a unique type of coverage because it has a term that will last for the rest of your life. While premiums tend to be much higher, they will also build a cash value over the years that you can either liquidate or post as collateral. This helps to make it an excellent addition to any investment plan. 

Choosing the right type of life insurance in the Indianapolis, IN area is very important. When you are looking for a new plan here, call our professionals at Irvington Insurance. Our team of insurance professionals at Irvington Insurance will always help you assess your options and build a new policy that fits your budget and provides the coverage and benefits you are looking for.