Financial Planning MonthOctober 03, 2022
Adequate insurance coverage is animportant part of any financial plan. Some common areas that may be overlooked
include home-based business coverage, equipment breakdown coverage, insured
values on property (especially if improvements have been made), and ACV vs.
replacement cost coverage. It might also be a good idea to review the
deductible on your policies to be sure you are financially capable of assuming
that cost in case of a covered loss. Your insurance agent can help you
understand your coverages and determine if you are adequately covered in case of a loss.
Please reach out to us if you need help understanding any of the coverages on any
policy you have written with us. You can reach our office at 417-843-6265
Monday-Friday 8:00 AM – 4:30 PM Central. You can also email
our Customer Service department any time.
This information is meant to be a broad overview and should not be the only source
you consult for evaluating your risk management needs. Adherence to the above
guidelines does not ensure coverage under your policy, nor does it guarantee
your risk will be accepted by our company or that your property or operations
are safe, healthful, or in compliance with laws, rules, or regulations.
Coverage is determined by specific policy provisions, limitations and
exclusions that can only be expressed in the policy itself.