Insurance Term of the Day: Asset
When you think about insurance, whatโs your first thought? Is it a moody grumble, or possibly, โthank goodness I had insurance when I got into my last accident,โ or even, โOh shoot, I forgot to make my last payment!โ (Nowโs a good time to do that.)
You work hard for your money. So why spend a fraction of your income on an invisible investment such as insurance?
Insurance protects your assets. What exactly are assets in the insurance world?
According to Google, asset is defined as โproperty owned by a person or a company, regarded as having value.โ Assets are your most prized possessions. How long did it take you to come up with the money to buy your most expensive belongings? What would you do if something happened to it? Just go out and buy another one?
Itโs a little more complicated than that.
Your house, that car, that big diamond ring you bought, and many more assets, are all important reasons why you need insurance to protect them.
What are your most valuable assets? Which belongings of yours would affect you the most to lose?
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Insurance Blogs
Beyond the Funeral: 9 Reasons Why You Need More Life Insurance Than You Think
Life Insurance: Not Just for Buryin’! Unexpected Costs You Never Knew Were Covered
Life Insurance Myths Busted: Unveiling the Simple Truths Behind Financial Security
Considering life insurance but confused by the myths? We clear the air on common misconceptions and show you how to get simple, affordable coverage.
The Farewell Financial: Planning a Peaceful Goodbye
Beyond Goodbyes: A Guide to Navigating Funeral Costs and Life Insurance
Why Life Insurance Matters for Businesses
Death and the Business Owner: How Life Insurance Can Secure Your Legacy
Beyond the Grave: Burial Insurance vs. Life Insurance Explained
Don’t Be Buried by Confusion: Understanding Burial and Life Insurance
From Bronze Age to Boomers: How Life Expectancy Went From Meh to Magnificent
How Long Will You Live? A Look at Life Expectancy Throughout History (and Why You Might Need Life Insurance)
Beyond “My Beloved Spouse”: A Guide to Choosing Your Life Insurance Beneficiary
The Beneficiary Bunch: Understanding Your Options
Life on the Edge? How Your Hobbies Can Affect Your Life Insurance Rates
Beyond the Premium: Unveiling the Unexpected Links Between Hobbies and Life Insurance
Unveiling the Different Players (and Why We’re Your Guide!)
Insurance Companies: Not All Created Equal! Find Your Perfect Match with Our Help
Cracking the Code: Cash Value, Loan Value, Surrender Value – It’s All in the Life Insurance Policy!
Beyond the Death Benefit: Unlocking the Hidden Gems of Your Life Insurance Policy