Month: August 2026

Filing a Commercial Property Claim

Posted on by AgentInsure

If you’re a company owner, you must purchase commercial insurance. Our team at Mid Atlantic Insurance Financial can answer all your commercial insurance questions. If your company is near Laurel, MD, we invite you to visit us to review your insurance options. We’ve been working with businesses like yours since 2005.

Filing a Commercial Property Claim

There’s no way to predict when a disaster will damage your company’s property, so it’s good to be prepared for the steps involved in submitting a commercial property claim. An important part of that preparation happens before a disaster ever occurs: taking photos of your properties and keeping a written inventory of your computers, equipment, and furniture. Those photos and that inventory provide the basis for determining the extent of the damage.

To accurately document the damage after an event, you’ll need photos covering every aspect of the loss. Contact your insurance company as soon as possible after a disaster, but keep in mind that you’re not obligated to accept the first settlement offer. Review any offer carefully to ensure it fully covers the funds needed for repairs, replacements, and lost revenue. If you’re not satisfied, you have the right to contact a public adjuster to help represent your interests with the insurance company.

Call Us for Your Appointment Today

Every company is unique, and yours will require an equally unique commercial insurance portfolio. Our team at Mid Atlantic Insurance Financial will walk you through each type of coverage you may need. Companies in the Laurel, MD, area have discovered that we provide excellent customer service. Call our office today for your appointment, and let’s discuss your insurance needs.

How Can I Make My Spouse My Life Insurance Beneficiary?

Posted on by AgentInsure

When you choose to get life insurance, one of the things you’ll want to do is name a beneficiary for your policy. This is usually a straightforward process, but if you have questions or need help, the team at Mid Atlantic Insurance Financial, serving Laurel, MD, can walk you through it.

What Is a Life Insurance Beneficiary?

A life insurance beneficiary is the person who receives the death benefit when you pass away. Most policies allow you to name two tiers of beneficiaries. Primary beneficiaries receive the benefit if they’re still living at the time of your death, while contingent beneficiaries receive it if the primary beneficiary has already passed away. To ensure your spouse receives your benefit, name them as your primary beneficiary.

How Can I Name My Spouse as My Beneficiary?

You’ll have the opportunity to name your spouse as a beneficiary when you first sign up for life insurance, and you can update your beneficiaries at any time. If you go through a divorce and remarry later, you’ll need to update that information again. Your beneficiary designation isn’t tied to your will and won’t automatically update as life changes occur, so it’s your responsibility to keep it current.

What If There Is No Beneficiary Named?

If no beneficiary is named, your life insurance death benefit typically goes through probate before it’s distributed, which can significantly delay the payout. This is exactly why it’s so important to name a beneficiary when you choose a life insurance policy.

Have Questions About Life Insurance? Call Today

Life insurance can help your loved ones after you pass away. The best way to make sure your policy is there for them when you’re gone is to keep it up to date and active. The professionals at Mid Atlantic Insurance Financial, serving Laurel, MD, can help. Call today.