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Why do many people getting life insurance in Tennessee need to get a physical first?

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There are some companies that offer life insurance to Tennessee residents without requiring a physical exam. However, depending on your circumstances, it may be to your advantage to choose a policy that does require an exam. Riskbusters Insurance can help you explore your options so you can choose the best policies for yourself and your family.

 Why Are Exams Required Before Purchasing Life Insurance?

Life insurance companies make decisions based on risk. The longer you live, the better it is for the insurance company because they generally won’t have to pay out while you are alive. 

If you are not in the best of health, don’t despair. Your insurance agent can still help you find a policy with the best rates possible. There are even some competitive policies that don’t require an exam.

What Happens During an Exam

A physical exam for a life insurance policy can take place anywhere, including your home, a doctor’s office, or your insurance agent’s office. Most of the exam is questions. The examiner will want to know:

  • What is your history of tobacco, alcohol, and drug use?
  • What is your driving record?
  • Are you currently taking any prescriptions?
  • Have you ever been hospitalized?
  • Is there a history of cancer, heart disease, or other chronic conditions in your immediate family?
  • Do you have any dangerous hobbies?

You should prepare for the exam by gathering any records you have so that you can answer the questions easily.

Consult With Us

You have a lot of choices if you are getting Tennessee life insurance. It can be overwhelming, and you want to get the best policy you can. If you have any questions about life insurance or would like to compare policies, please call Riskbusters Insurance today.

Do Freelancers Need Commercial Insurance?

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If you’re a freelancer serving clients in Tennessee and beyond, you may think you don’t need commercial insurance, primarily if you work out of your home. However, some situations may require obtaining specific insurance types before taking on new clients. Other situations may not require them but may be preferable to your future operations. Riskbusters Insurance can help you decide what types of commercial insurance can meet your needs.

Your Clients May Ask You to Carry Insurance

An increasing trend involves clients asking freelancers they work with to carry insurance to cover risks at no cost to them because of today’s highly litigious society. Many businesses do whatever they can to minimize risk and protect themselves from paying defense fees, compensation costs, and reputational damage if a lawsuit occurs. In most cases, professional liability insurance may be nice, but in other cases, it could be a dealbreaker for lucrative contracts that bring in a lot of money.

The Type of Policies Needed Depends on Your Industry

Freelance contractors performing physical work like plumbing, electrical, HVAC, and similar jobs can benefit from policies that protect their tools and equipment. Some professions may also need a general liability policy for freelancers to obtain a license. Errors and omissions insurance can be tailored to your specific industry requirements. Among the various types of policies to consider are:

  • Tech errors and omissions to protect against unexpected cyberattacks
  • Media liability insurance for plagiarism or libel claims
  • Inland marine insurance when transporting business property
  • Business interruption insurance

Consult With Us

If you’re wondering what types of commercial insurance are most appropriate for your freelancing career, Riskbusters Insurance serving Tennessee residents and businesses can help. Contact our office today to speak with one of our agents to get started on a policy.

Do Freelancers Need Commercial Insurance?

Posted on by admin

If you’re a freelancer serving clients in Tennessee and beyond, you may think you don’t need commercial insurance, primarily if you work out of your home. However, some situations may require obtaining specific insurance types before taking on new clients. Other situations may not require them but may be preferable to your future operations. Riskbusters Insurance can help you decide what types of commercial insurance can meet your needs.

Your Clients May Ask You to Carry Insurance

An increasing trend involves clients asking freelancers they work with to carry insurance to cover risks at no cost to them because of today’s highly litigious society. Many businesses do whatever they can to minimize risk and protect themselves from paying defense fees, compensation costs, and reputational damage if a lawsuit occurs. In most cases, professional liability insurance may be nice, but in other cases, it could be a dealbreaker for lucrative contracts that bring in a lot of money.

The Type of Policies Needed Depends on Your Industry

Freelance contractors performing physical work like plumbing, electrical, HVAC, and similar jobs can benefit from policies that protect their tools and equipment. Some professions may also need a general liability policy for freelancers to obtain a license. Errors and omissions insurance can be tailored to your specific industry requirements. Among the various types of policies to consider are:

  • Tech errors and omissions to protect against unexpected cyberattacks
  • Media liability insurance for plagiarism or libel claims
  • Inland marine insurance when transporting business property
  • Business interruption insurance

Consult With Us

If you’re wondering what types of commercial insurance are most appropriate for your freelancing career, Riskbusters Insurance serving Tennessee residents and businesses can help. Contact our office today to speak with one of our agents to get started on a policy.

Will my homeowners insurance protect me from damage caused by a vandal or burglar?

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For whatever reason, burglary rates are higher than average in Tennessee. You want to protect yourself and your family, and you probably already take steps to make it as difficult as possible to get into your Tennessee home. Even then, there are people who may vandalize your property or steal items left outside, such as garden tools. At Riskbusters Insurance, we want to help you navigate those risks to a level where you are comfortable.

What Kinds of Incidents Homeowners Insurance Covers

Your homeowners insurance is really a contract and your protections are spelled out. You are covered from most unexpected incidents unless they are excluded in the contract. So you can expect your insurance company to step up if there is a fire, storm, vandalism, or burglary.  There are some incidents like flooding and earthquake that are almost never included in your standard homeowners insurance, and you can discuss with your agent if you need those.

What Does Homeowners Insurance Protect?

Your homeowners’ insurance protects most of what is on your property. This includes but is not limited to

  • all your furniture, rugs, and window treatments;
  • your appliances, both small and large;
  • electronics, such as your television and laptop;
  • your clothing and other personal items;
  • small items like inexpensive jewelry;
  • and gardening equipment.

There are some more expensive items that you may want to get extra coverage for, such as expensive jewelry or paintings. Those are the kinds of items that are attractive to thieves but that may fall outside the scope of your homeowners’ insurance. 

Schedule A Consultation Today

Protect your Tennessee home and your belongings. If you would like to discuss your coverage level, or if you just have general questions about homeowners insurance, please call Riskbusters Insurance today.

Special considerations when looking to buy a high value home

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When buying a high-value home in Tennessee, there are certain considerations that we at Riskbusters Insurance recommend you should take into account before making the purchase.

Special considerations for a high-value home

First and foremost, it is important to do your research and understand the local housing market. You should assess the current market conditions, understand how they have been trending in recent years, and gain insight into any changes or shifts that may be coming. Additionally, you should take into account factors such as school districts, property taxes, insurance rates, and local crime levels when evaluating potential neighborhoods. 

Another important factor to consider when buying a high-value home is the availability of financing options. It can be difficult to secure a loan for a large sum of money with traditional bank lenders, so it may be beneficial to look into alternative sources such as private lenders or hard money lenders who specialize in these situations.

Other aspects that could affect your decision include seeking out qualified inspectors to examine the property for any potential issues; considering whether renovations or repairs will need to be made; and understanding other fees associated with purchasing such as closing costs and title insurance. 

Overall, it is essential to thoroughly evaluate all elements of the home before finalizing the purchase in order to ensure everything is up-to-date and meets your expectations. By taking into account all these special considerations when looking at a high-value home, you will be able to make an informed decision about your real estate investment!

Consult With Us

For more tips or to explore an insurance policy that will cover your new high-value home, give us at Riskbusters Insurance a call today. We proudly serve all of Tennessee and would be happy to help you find a policy.

Four steps to choosing your life insurance policy

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When you’re on the market for life insurance in Tennessee, you can rely on Riskbusters Insurance to help you find the coverage you need. There are a few steps you need to go through when you’re choosing life insurance.

The following are four steps to choosing your life insurance policy:

Do your research

Life insurance is a complex financial product. You need to know about the different types of life insurance and coverage options before you buy a policy.

You also need to research the various insurance providers offering life insurance policies. You want to buy from a life insurance provider that you can depend on. 

Determine how much coverage you need

You’ll purchase a policy with a specified death benefit amount. Buy enough coverage so that the death benefit is large enough to support your beneficiaries if you die and your income is lost. 

Request quotes from a few providers

When you buy any type of insurance, you need to get quotes from numerous providers as part of researching your options. Requesting policy quotes ensures that you get a competitively priced policy.

Get in touch with life insurance providers and provide information on your situation and life insurance preferences so that you can compare policies. 

Carefully evaluate your policy quotes

Evaluate quotes and figure out which policy is best for your situation before you purchase a policy. Look not only at policy costs but also at the coverage you’re getting and how well the policy in question corresponds to your needs. 

Reach Out To Us

Once you have gone through these steps, you can purchase a life insurance policy that will offer financial protection to your family in Tennessee. Get a quote from us at Riskbusters Insurance. 

What Commercial Insurance Coverage Does a Small Business Need?

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In today’s highly-competitive business environment, starting a small business in Tennessee can be both exhilarating and challenging. Choosing commercial insurance should be an important part of your business strategy. Fortunately, Tennessee business owners can turn to Riskbusters Insurance for guidance in selecting commercial insurance options to meet their small business needs.  

Commercial Insurance Options for Small Businesses

One of the first things to consider when selecting business insurance is the risks your small business will face both now and in the future. The coverage you choose should protect you against those risks so your business has a chance to grow. For your convenience, we offer the following commercial coverage options for Tennessee startups:  

General Liability insurance

We recommend that all small business owners obtain general liability coverage for protection against accidental injuries a customer or client may sustain at their business site. Liability coverage also covers the risk of lawsuits that may arise from customer/client accidents.

Professional Liability

Professional liability is for businesses that provide professional services, like accountants, marketing firms,  consultants, etc. It protects your business against mistakes you or an employee may make that result in client injury or financial loss.  

Commercial Property Coverage

If your business owns a warehouse, office, or other physical property, you can benefit from property coverage to protect your building and its contents against such risks as fire, vandalism, storm damage, or other disaster.

Worker’s Comp

Worker’s comp is required coverage for Tennessee businesses that have five or more employees, full or part-time. It protects your workers against work-related accidental injuries. Good employees are hard to come by. Protecting your workforce is one way to retain trained workers to grow your new enterprise.  

Where to Obtain Commercial Coverage

Looking for commercial insurance coverage to protect your Tennessee startup? Give Riskbusters Insurance a call! We look forward to meeting all your business insurance needs.

Are Tornadoes Covered By a Home Insurance Policy?

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Here at Riskbusters Insurance, we are pleased to provide home insurance to residents in the state of Tennessee. One of the things that differentiate us from other insurance companies is that we take the time to listen to our customers and ensure they have a policy that best covers them and their homes. One of the questions that our customers have is whether a home insurance policy covers tornadoes. 

Does A Home Insurance Policy Cover Tornadoes?

Whether or not a home insurance policy covers tornadoes depends on the specifics of the policy. In general, most standard home insurance policies do provide coverage for damage caused by tornadoes, as they are considered a type of windstorm. However, it is always important to review the terms and conditions of the policy to understand what is and isn’t covered. Our agents can review your policy and tell you whether tornadoes are covered or excluded under a specific policy.

It’s worth noting that some insurance policies may have specific exclusions or limitations when it comes to windstorm coverage. For example, the policy may not cover damage caused by flooding or storm surges, which can often occur in conjunction with tornadoes. As such, it is important to understand what is and what is not covered.

We Are Here To Help!

Tornadoes can hit Tennessee, with an average of 17 tornadoes touching down in populated areas in Tennessee throughout the year. Having the right home insurance coverage is important to ensure that your home and your belongings are covered in case a tornado causes damage to your home.

Here at Riskbusters Insurance, our team can help you find the best home insurance policy for your needs. Call us now to schedule an appointment to talk about home insurance coverage with our helpful and knowledgeable insurance agents. 

What is the benefit of having high value home insurance?

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The warm weather and growing economy have led many people to move to the state of Tennessee. Along with this, property values have continued to appreciate, and many people now find themselves living in valuable homes. For those that are living in a home that either cost a lot or has appreciated considerably in value, getting a high-value home insurance plan could be a good idea.

There are various benefits that come with having this type of home coverage:

Ensure Assets are Fully Protected

One of the main reasons to have a high value home insurance plan is to ensure your assets are fully protected. With standard home insurance plans, there are limits to how much property and liability insurance you can receive. However, if you get high-value home insurance, the limits are much higher, and the insurer will likely be able to offer coverage that will appropriately cover your home.

Additional Benefits of Coverage

While you will enjoy coverage for your full property value, high-value home insurance can also provide additional benefits. This type of insurance can provide you with higher levels of personal liability coverage to help protect other assets, give more coverage for personal items, and provide ancillary benefits such as protection for contractors or domestic employees. There are generally many choices to make when looking for this type of insurance. 

Reach Out To Us

Ensuring that your Tennessee property is appropriately covered with insurance is very important. When you are looking for high-value home insurance, it can be an ideal option to call our team with Riskbusters Insurance. Our insurance professionals with Riskbusters Insurance will offer any support that you need to assess your needs and build a quality plan that will mitigate any risks. 

What Factors Should Be Considered When Determining How Much Life Insurance A Person Needs?

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 There are a number of benefits associated with purchasing life insurance. However, one of the biggest decisions that you need to make when it comes to purchasing a life insurance policy is deciding how much coverage you truly need. Here at Riskbusters Insurance, a company providing individuals in Tennessee with life insurance policies, we want to help you learn more about what factors you need to consider when determining how much life insurance is right for you. 

The Amount of Debt You Have

Anytime you are purchasing life insurance, you should consider how much debt you have. Ideally, your life insurance policy should cover the amount of outstanding debt you have, including student loans, car loans, and a mortgage. 

How Much Money is Needed to Ensure Your Family Can Live Comfortably

Another element to consider is how much money your family needs to live the same lifestyle they are accustomed to living if you pass away. Consider the number of children you have and their ages to determine approximately how long they will need financial support. 

What Your Final Expenses Will Cost

Lastly, you should always think about your final expenses and how much it will cost to bury or cremate you and have a funeral or a celebration of life. This helps to ensure your family has the money to cover the costs associated with your final wishes. 

We Are Here To Help

There are numerous factors that need to be considered when determining how much life insurance you should purchase. If you are looking to purchase life insurance in Tennessee, the team at Riskbusters Insurance can work with you to determine a reasonable amount of life insurance to help provide for your family when you pass. Schedule an appointment with us to start the process. 

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