Wednesday, May 20, 2015

Residential Builders Risk Insurance

A comprehensive, flexible plan for residential and commercial builders
We’ve got the best Builders Risk Plan in the business
As a specialist in insurance for the construction industry, we offer a wide range of coverages, including:

·         Theft: Equipment to be installed, building and landscaping materials are covered from the moment they are delivered to the job site.

·         Materials in transit and at temporary locations:

·         Protects job materials as well as office and tool trailers.

·         Also includes coverage for materials that are installed or uninstalled, including landscaping.

·         Mechanical and electrical breakdown: Covers breakdown of plumbing, air conditioning lines and elevators.

·         Sewers and drains: Covers backup of sewers and drains with no deductible.

·         Laws and ordinances: Provides coverage for losses due to changes in laws or ordinances.

·         Model homes and unsold dwellings: Optional coverage protects models and their contents and completed homes that have not yet been sold.

·         Profit: Ability to include your profit in the total estimated completed value.
If you are Building a home get a free quote on Builder Risk Insurance just give us a call


Monday, May 18, 2015

Home Ins Increase

With the increase of Homeowner Insurance make sure you get the most bang for your buck get a free quote with Top Carriers Insuring Renters, Condo's , Townhouses and Homes of course let us give you a FREE Quote today or give us a call at 704-545-7000 we look forward to quoting and protecting your interests.

Three Ways You Can Benefit From Converting Term Policies Earlier

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Term insurance policies are designed to protect you for a short period of time: 10, 15, or 20 years often at a reasonable price.
Before your level term period expires (and before your policy anniversary date nearest age 70), you may be able to convert some of that term insurance into a permanent policy. Be sure to check your policy for your specific last day allowed to convert.
Here are three reasons to consider converting your policy to permanent life insurance earlier.
1. Premiums are directly related to age and health
When you convert, your life insurance premiums are directly related to your age and the risk class of your term policy. With each birthday, the insurance premiums will increase. Meaning the least expensive time to purchase insurance is now!
Let’s look at Scott and Max:
  • Both purchase $500,000 of 20-year term insurance at age 35 for $350 annual premium and receive a preferred non-smoker risk class rating.
  • Max converts his policy after 5 years to a Prestige 100 whole life insurance policy at age 40 for an annual premium of $7,673.
  • Scott converts his policy after 15 years to a Prestige 100 whole life insurance policy at age 50 for an annual premium of $12,693.
  • By age 90, Max will pay $385,750 in premium while Scott will pay $513,320 for the same Prestige 100 whole life policy.
2. Build a cash value
While term insurance can have a lower cost, it may be costing you in the opportunity to build cash value.
Depending on the type of permanent life insurance that you purchase, you have the opportunity for dividends and compound cash value growth that happens inside of a permanent policy. This cash value can be accessed in an emergency, or potentially supplement your retirement income.
3. Potential for higher benefit at death
When you own a whole life insurance policy, at death your beneficiary receives the stated amount of the policy (example: Scott and Max have a $500,000 death benefit) plus the amount any non-guaranteed dividend additions (if the paid-up additions option is elected).
With term insurance, the beneficiary only receives the stated amount of the policy ($500,000).
The earlier you convert, the more time you have to take advantage of the benefits of permanent life insurance.
Check with your representative or insurance company to see if you may be eligible to convert that term insurance coverage into permanent insurance.
Author: Ben Haenning, Senior Communications Coordinator - Life Marketing
Whole life insurance rates subject to change without notice. Prestige 100 issued on policy forms 06-PW-1 and any state variations by The Ohio National Life Insurance Company. Guarantees are based upon the claims-paying ability of the issuer. Dividends are not guaranteed. Product, product features and rider availability vary by state. Issuer not licensed to conduct business and products not distributed in Alaska, Hawaii and New York.

Term life insurance products are issued by and guarantees based on the claims-paying ability of Ohio National Life Assurance Corporation. Term Life Insurance Policy Form 07-TR-1 and 07-TRE-1 and any state variations.
Premiums are based on the age of the insured at nearest birthday and specified underwriting classification and is subject to change without notice. Premiums for issued policies may be different than a quote premium based upon actual underwriting classification. The premium stated in the policy is guaranteed to remain level for the term of the policy. The policy includes certain limitations during the first two policy years.
Product, product features and rider availability vary by state. Company not licensed to conduct business in Alaska, Hawaii and New York.


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When you apply for a life insurance policy, you’re asked a score of questions: age, sex, weight, family medical history, personal health history, fitness level, smoking habits, avocations, international travel plans, etc. The information you provide helps to determine your life insurance premium. Although you can’t change your age or personal health history, you can affect five health considerations that may impact your insurance premium costs.
Stop SmokingSmoking is responsible for an estimated one in five U.S. deaths, and cigarette smoking kills more Americans each year than AIDS, car crashes, alcohol, murders, suicides, illegal drugs and fires combined, according to the American Lung Association. Life expectancy for smokers is at least 10 years shorter than for nonsmokers. (Source: CDC)
It’s no surprise, then, that smoking significantly impacts life insurance premium rates. By quitting, not only will you reduce your life insurance premium, but you’ll potentially add years to your life.
Maintain a Healthy WeightIn 2011-2012, more than one-third (34.9% or 78.6 million) of U.S. adults (age 20 and older) were obese according to the Journal of American Medicine (JAMA). In fact, only smoking exceeds obesity in its contribution to total mortality rates in the United States, notes the national Centers for Disease Control and Prevention.
By reducing your excess body weight by 5 to 10 percent, you might lower your premium rate, but more important, you may lower your risk of many chronic diseases, including stroke, heart disease, diabetes and some cancers, while improving your quality of life.
Lower Your Cholesterol LevelCholesterol is manufactured in the liver for normal body functions—including the production of hormones, bile acid and vitamin D—and is transported in the blood to be used by the body. According to an American Heart Association report, only 46.6% of adults have ideal cholesterol levels (untreated total cholesterol <200 mg/dL for adults).1
A “desirable” cholesterol level is under 200 milligrams per deciliter (mg/dl).2 If you have a borderline-high level—200-239 mg/dl—or a high cholesterol level—more than 240 mg/dl—you’re more at risk for heart disease and will have a higher life insurance premium. To lower your cholesterol level, and, potentially, your premium, follow a doctor recommended diet that’s low in saturated fat. Aerobic exercise and not smoking will also help to reduce your cholesterol level.
Lower Your Blood PressureBlood pressure is the tension or force that is placed on the inside walls of arteries to keep blood flowing through the body. Blood pressure constantly changes, depending on how hard your heart is working.
Blood pressure is measured by two numbers; the higher number, known as the systolic pressure, is the pressure in your arteries when your heart contracts and exerts maximum force on the walls of blood vessels during a heartbeat. The lower number, called the diastolic pressure, is the pressure in your arteries when your heart relaxes between beats and fills with blood. Because high blood pressure is a risk factor for so many forms of heart disease, it’s important to get it under control. Maintaining blood pressure within normal range (120/70) reduces your chances of both heart attack and stroke.
High blood pressure, or hypertension, may be caused by risk factors beyond your control such as family history, sex, age or race. If your high blood pressure is caused by one of these factors, you may need medication to help control it. However, hypertension is often related to lifestyle factors that you can control, such as weight, sodium intake, exercise, smoking or alcohol consumption. Work with your doctor to develop an appropriate treatment plan and, over time, you may requalify for a lower life insurance premium.
Monitor Your Health RegularlyPreventive maintenance is the name of the game. Regular health checkups and careful attention to any medical condition you may have, such as high cholesterol or high blood pressure, will help to keep your health in check.
If you have a policy and improve your health in one of the areas mentioned above, you may qualify for a rate change on your policy. Be sure to speak with your financial advisor about the details of your policy. The more you know about your health, the more proactive you can be. This, in turn, may ultimately impact your life insurance premium.

1Mozaffarian D, Benjamin EJ, Go AS, Arnett DK, Blaha MJ, Cushman M, de Ferranti S, Despr├ęs J-P, Fullerton HJ, Howard VJ, Huffman MD, Judd SE, Kissela BM, Lackland DT, Lichtman JH, Lisabeth LD, Liu S, Mackey RH, Matchar DB, McGuire DK, Mohler ER 3rd, Moy CS, Muntner P, Mussolino ME, Nasir K, Neumar RW, Nichol G, Palaniappan L, Pandey DK, Reeves MJ, Rodriguez CJ, Sorlie PD, Stein J, Towfighi A, Turan TN, Virani SS, Willey JZ, Woo D, Yeh RW, Turner MB; on behalf of the American Heart Association Statistics Committee and Stroke Statistics Subcommittee. Heart disease and stroke statistics—2015 update: a report from the American Heart Association. Circulation. 2015;131:e29–e322

Insurance and annuity products issued by The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation. Guarantees are based upon the claims-paying ability of the issuer. Product, product features and rider availability vary by state. Companies not licensed to conduct business and products not distributed in AK, HI or NY.

Ohio National Life Insurance Company

Ohio National

The Ohio National Life Insurance Company, headquartered in Cincinnati, Ohio. Originally founded as a stock company in 1909, Ohio National converted to mutual company status in 1959. In 1998, Ohio National reorganized as a mutual insurance holding company. The mutual insurance holding company is Ohio National Mutual Holdings, Inc.; the intermediate holding company is Ohio National Financial Services, Inc. the company holds very good ratings.
  • Standard & Poor's: "AA-" (July 2013) fourth-highest rating on a 21-part scale
  • A.M. Best: “A+ Superior” (June 2014) second-highest rating on a 16-part scale
  • Moody's: "A1" (September 2012) fifth-highest on a 21-point scale
  • Ohio National Financial Services, through its affiliated insurance companies (The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation), markets a variety of insurance and financial products being offered in 47 states
  • Individual life insurance
  • Individual disability income insurance
  • Individual annuities
  • Ohio National is committed to building long-term relationships with there customers and providing them with financial solutions as their needs change over time.
At Capital Insurance, we help you make better decisions involving your life insurance needs.
Ohio National