Walk away from your customer smelling like a rose. Get to know and understand General Liability (GL) coverage.

Included within this Reference Guide, you will find various GL terms & definitions. These terms are outlined within the proposals sent to you by NEA. This guide will serve as an aid to help you and your staff to understand General Liability coverage.

OCCURRENCE LIMIT – An accident, including bodily injury or property damage, which occurs during a policy period.

AGGREGATE LIMIT – the maximum amount the policy will pay during a policy term.

PREMISES/OPERATIONS – Included in the Business Liability. Premises exposures arising at the place of business, such as a store or office, (a slick floor or loose board might cause injury.) Operations exposure relates to the insured’s ongoing operations – generally associated with manufacturers, processors, or contractors, The CGL policy covers these operations whenever the insured is operating. (A contractor who has several jobs going on at one time has operations coverage at each jobsite).

PRODUCTS/COMPLETED OPERATIONS
Included in the Business Laib. Provides protection for all injuries occurring away from the premises & arising out of the insured’s work or product.

• The products exposure is the possibility that a product sold, manufactured or distributed by the insured might injure a person.
• Completed Operations exposure relates to the insured’s liability for work that have performed and finished.

PERSONAL INJURY – A General Liability coverage that provides protection if the insured is accused of publishing (whether  verbally or in writing) inaccurate information that slanders or libels a person or organization; publishing materials that violates a person’s right to privacy; false arrest, detaining or imprisoning someone; maliciously prosecuting someone; wrongfully evicting someone. 

Countless individuals think about life insurance to be the foundation of a sound financial plan.

Dealing with our mortality is a subject most of us stray from. The right life insurance policy provides reassurance to you and your loved ones in the event they were to pass away. The beneficiaries would be able to reallocate the funds from anything from real estate, taxes, funeral expenses, making up for lost income, or a college fund. In most cases, it can even be used to allow your family to continue to make the monthly mortgage payments so your family can stay in your home. 

A Life Insurance policy is never a bad idea since you can never know when catastrophe will strike. Will your family be able to support themselves without you? Will your end-of-life arrangements cause your family to suffer further still? A life Insurance policy can provide you with peace of mind just as it provides them with financial security. Life insurance is a particularly good thing to have if you generate a large amount of your family’s income.

There are several kinds of Life Insurance policies, all of which provide a lump-sum payment to beneficiaries in the event of the insured’s death, but which differ in other details. Term Life Insurance policies last a predetermined number of years (10-20), after which the insured may be offered another term policy, although at higher premiums. Universal Life Insurance and Whole Life Insurance policies come with higher premiums, but have a cash value and last for the duration of the insured’s life. At Cruz Insurance Agency we want to help you protect the people who make your life worth living.

Here at Cruz Insurance Agency we understand that choosing the right policy is a huge decision, with many important options to consider. As your life insurance agent, I am dedicated to guiding you through the process, finding the right options, and finding the best policy that provides the right amount of coverage for the reassurance your family deserves.

Why do I need home insurance?

The most important reason is to make sure that you are protecting you and your family financially if any accident were to occur and cause damages to your residence. Home insurance is really important because, in reality, your home is probably the biggest investment you have made in your life.

• If your home were destroyed by an earthquake, fire, tornado, hail, you will need money to repair the damages or replace them.
• If one of your guests were hurt from an accident on your property
• If you’re ever a victim of a break-in, theft, or vandalism
• If you’re still making mortgage payments your mortgage lender requires that you have homeowners insurance

It’s important to know that your homeowner’s insurance policy is meant to safeguard you and your family from any accident or unexpected damage. Ask Cruz Insurance about what is covered in your policy so the owner knows exactly what is included and what is not.

Questions to ask about your homeowners insurance policy?

• How much will it cost to replace your home if it is damaged or destroyed?
• Does the company have a good reputation and customer service?
• Are they known for paying out claims promptly and fairly
• What discounts are available to me?
• What is the process of filing a homeowners insurance claim?

Choosing the right auto insurance policy can prove to be a daunting feat in itself. In today’s overcrowded digital landscape the myriad of options of coverage finding the right auto insurance  that can often leave most customers confused . Cheap isn’t good and good isn’t cheap. Finding the right auto policy that matches your budget and accommodates the right amount of coverage to protect your loved ones and personal assets. It would also facilitate getting your car back on the road in an expeditious manner. Your policy should protect your vehicle in the event of accidental damage, theft, or any other event etc. Your auto insurance should cover your family against medical and legal damages in the event that you’re at fault for an accident involving your car.

An auto insurance policy is a contract negotiated between an insurance company and the holder of the policy. In most cases you would pay a monthly premium for any specific losses for the duration or term of the auto insurance policy. Cruz Insurance Agency, Inc. is here to help you determine what is the best customized coverage to fit you and your family needs.

Let Cruz Insurance Agency, Inc. can help you find the right coverage or policy by shopping your quote to multiple top insurance providers. Since our company is based in Burlington,VT we focus on providing the best customer service throughout your experience. Auto Insurance coverage can vary from state to state. In most states to drive a car you must have the following:

• Liability coverage — to pay for losses you cause others, or
• No-fault coverage — to pay you and your passengers for medical and related expenses caused by injuries from a car accident, regardless of who is at fault, or both liability and no-fault coverage.

Some states require by law that you must have coverage that protects others from losses they cause to others. Having the right insurance policy is crucial to protecting your family and to help ensure that you’re covered and abiding by the law.