Life insurance is a valuable investment to help take care of your family and loved ones after you are gone. It is a final gift given to them to help provide while you are no longer able to. But is life insurance right for you? Is it something you should be considering, or should you put it off until alter? These are likely questions you have regarding life insurance. Here at State Insurance Solutions, our staff is here to help. So whether you live in Dallas, TX or the surrounding metro area, we’re just a phone call away. 

Do You Need Life Insurance

Stop and think about those you care for. Do you provide for them? Do you have a spouse or children? These are individuals who will be left behind when you are no longer around. If you don’t, do you have outstanding debts that would be passed on to family members? If you answer yes to any of these questions then it is a good idea to consider life insurance. It will provide when you’re not around to do si. 

Care For Your Family With Life Insurance

You do everything in your power to care for your family. However, what isn’t in your power is just how long you’ll be around to do this. When the time comes where you’re no longer physically able to provide for your family you can continue on with the help of life insurance. This is an essential investment that will not only provide for your family, but give you peace of mind. So, if you are in metro Dallas, TX and want to learn more, our staff here at State Insurance Solutions is ready to help address all of your questions and concerns. Give us a call today. 

When you start your own business, commercial insurance is one of the main investments to make. Whether you are a freelancer who uses his business as a supplemental income or a small business owner expanding his company and hiring new employees, you will definitely benefit from having business insurance. If you are still thinking about skipping it, here are some good reasons why you really need it: 

To Sign a Commercial Lease

Since anything can happen to a commercial building, most landlords require their tenants to carry at least general liability to protect their business property. In fact, there are many landlords who will not rent you space until you get minimum coverage. 

To Get More Clients

If you want to get a bigger client, be ready to sign a contract. One of the requirements for such contracts is to carry errors and commissions insurance (also known as professional liability insurance) that protect clients from mistakes made by you or one of your employees. Therefore, having commercial insurance increases your chances as a business owner to win bigger clients. 

To Protect Yourself and Employees

If you operate your business in Dallas, TX, or anywhere else in Texas,  it is not required for you to carry commercial insurance. However, having it is still a smart decision because it will help to protect you and your employees in case something happens. 

Finding the right commercial insurance might be a challenging task, especially if you have never dealt with business insurance before. Let State Insurance Solutions based in Dallas, TX be your advisors and help to get the right coverage that will meet your needs and budget. Call  State Insurance Solutions today to figure out how we can help you and discuss the available options. 

You may have heard people talk about life insurance in a way that doesn’t seem like the standard purpose of an insurance policy. Why would the policyholder need to use their life insurance at any point? Isn’t it meant for the person’s loved ones as opposed to the insured? If you live in Dallas, TX, State Insurance Solutions wants you to know more about how many types of plans there are and what they’re meant to be used for. 

Life Insurance as a Savings Account 

In the case of a temporary insurance policy, you enact coverage up until a certain time. Often, this date is when their dependents come of age and can provide for themselves. But some people will purchase a different type of policy that sets them up for forced savings. If you have a difficult time putting money aside (and keeping it there) in a regular savings account, your life insurance policy is a way to charge you money in a form that’s technically irreversible until much later on. If that sounds similar to a retirement account, you’re right. 

How Much Can I Withdraw and When?

It depends on the type of policy you choose and the terms attached to it. However, the idea is that you’ll get more money than you put into it. Whether you choose this type of life insurance or a different policy in Dallas, TX, it’s all about what you’re looking for. If you have no problem saving on your own and you feel you can get better returns without the help of a policy, then you would have no need for this. 

If you have questions about the best life insurance coverage for you, call State Insurance Solutions for more information today.

Commercial insurance is one of the biggest types of insurance. That’s why it has several insurance products. At State Insurance Solutions in Dallas, TX, we offer several commercial products. Depending on your type of business, you may not need every commercial insurance product.

Here are some of the most common commercial insurance products. You can explore all of them. In fact, most businesses require them.

1. Employees’ compensation insurance

This commercial insurance policy protects your business from your employee’s on-the-job injuries. If you have employees, it is mandatory in Texas to purchase the policy. Besides, it is a necessity because accidents happen once in a while and if it happens in your business premises, the victim will see it as an on-the-job injury and request his medical bills from you.

Many of the injuries that occur in workplaces are caused by the employees themselves, but because the accidents happened in the line of duty, you may be held liable for the injuries caused. For example, an employee searching for a file checked the topmost cabinet but didn’t see the file. She forgot to push in the cabinet. She bent down to search the bottommost cabinet and found it. As she tried to get up, she hit her head on the open topmost cabinet and sustained an injury. Of course, it was her fault. But, technically, she sustained the injury at work, so you may be held liable. This is why you need employees’ compensation insurance.

2. Automobile insurance

This insurance product is meant to provide coverage for all the vehicles you use for your business. Protect your trailers, trucks, vans, and cars with this insurance policy. If any of them is damaged or stolen, this insurance may provide adequate compensation. Also, if the driver of any of them damages someone’s property or injures someone, this coverage will refund you for the repair of the property or the medical bill of the injured person.

3. Property insurance

This commercial insurance policy compensates you for the loss of your business properties. For instance, if your office gets burnt down, this policy will provide adequate compensation.

For other business insurance products, you can contact us at State Insurance Solutions serving Dallas, TX. You can also explore our website to familiarize yourself with our insurance products.

Young families in the greater Dallas, TX area are gaining a good understanding of the many benefits of life insurance. If you are newly married or thinking about starting a family, now is the right time to consider your life insurance options. The team at State Insurance Solutions is here to provide the necessary information for you to determine the right option for you and your family. 

Finding the right life insurance policy

There are so many different life insurance policies available, it can become overwhelming trying to choose the right one for your family. As you consider your options, there are a few factors to consider. Namely, are you a one or two-income family? Is either spouse considerably older than the other? Are there any health issues to consider? How many children do you have or are planning to have? These are just a handful of the types of questions that your agent will go over with you to help you find a robust life insurance policy to protect your family. Whether you choose term, universal, variable, or whole life, you will rest assured that your family has the protection it needs.

Now is the right time to review your options and determine the appropriate choice for your family’s needs. There are benefits to all types of life insurance, and your agent can help you to pinpoint the features that are most important to you. Having a strong life insurance policy in place is an important step in protecting your family’s future.

Ready to secure a life insurance policy for your family? Call or stop by State Insurance Solutions today, we are proud to serve the insurance needs of the greater Dallas, TX community and look forward to working with you!

The city of Dallas, TX is one of the largest and fastest-growing cities in the country. For those all over the area, there are plenty of benefits that come with starting a business to take advantage of these great economic factors. While there are plenty of benefits that come with starting a business in the Dallas area, there are some risks as well. Getting a commercial insurance policy can actually help to mitigate some of these risks. 

Provides Liability Protection

One of the advantages of getting a commercial insurance policy in the Dallas area is that it can provide you with liability protection. Business owners are going to take on risk if they sell a product or service. If a customer or client is hurt through the use of the product, the business owner could be held and found liable. Fortunately, a commercial insurance policy will help to protect against this risk.

Asset Protection

Business owners also need commercial insurance to ensure that their company assets are protected. Businesses need to invest in many assets including equipment and inventory. If these assets are stolen or damaged, it could be devastating and very financially impactful for the company. Your commercial insurance policy will ensure that you have the protection that you need to replace or repair these assets. This could help to keep your company solvent. 

Those that own a business in the Dallas, TX area will find that having commercial insurance is a necessity. When you are shopping for insurance for your company, you should call the team at State Insurance Solutions. The insurance team at State Insurance Solutions can help anyone to get into a great policy. This will include carefully assessing the risks of your organization to make sure you are adequately protected. 

Whether you’re single or married, young or old, working or retired, you can benefit from the financial security that a life insurance policy can provide. By discussing life insurance options with your State Insurance Solutions agent in Dallas, TX, you can get a better idea of what type of policy would be best for you. Here are a few good reasons to consider adding life insurance to your financial portfolio.

Financial Support for Spouse/Children

If you’re the main breadwinner of the family, your spouse and children count on your income for daily living. Your family could suffer financially if they were to suddenly lose that income due to your unexpected demise. Life insurance benefits can replace lost income to help pay the bills until your spouse can make arrangements for the future. With a life insurance policy, you needn’t worry that your spouse and kids will go without.

Care for Aging Parents

Life benefits can help support aging parents, giving singles peace of mind that their loved ones will be taken care of after they’re gone. If your parents have medical issues or are struggling to pay the bills, your support can be a lifesaver in their time of need.  

Support a Business

As an entrepreneur, your income is the lifeblood of your business. If you were to suddenly pass on, your business partner may struggle to carry on. Life insurance benefits can help replace your income to keep the business going upon your demise. A budding enterprise can provide extra income for your spouse and family after you’re gone.

Fund a Charity

If your desire is to make a difference in the world, you can name a favorite charity as your beneficiary to help those in need and give back to your local community.

To learn more about the benefits of life insurance, contact us at State Insurance Solutions in Dallas, TX.

Business insurance is often a term that entrepreneurs encounter when starting a company in Dallas, TX. Some small business owners, however, do not understand the basics of a commercial indemnity plan. Is business insurance required to start a company in Texas? How much coverage should you buy? The agents at State Insurance Solutions can help you find the business insurance policy that works for your new company. 

Is business insurance required in Texas?

There is no official rule that requires business owners to obtain general liability insurance in the state of Texas. You may, however, want to consider purchasing a plan that covers you in the instance of an incident in which you are found negligent. 

Commercial insurance requirements

You may not have to purchase a general liability insurance plan to run a business in Dallas, TX. Such does not mean that you can start a company in town without any insurance. 

Those entrepreneurs with companies that employ workers need to purchase workers’ compensation insurance a well as unemployment insurance to remain in compliance with the law. Workers’ compensation pays employees who are injured while completing tasks related to the job. Your workers do not have to be on the premises to receive workers’ compensation. They do, however, have to prove that their injuries are directly related to the job. 

Workers’ compensation insurance protects both the employee and the employer. Employees are compensated for the time they need to take off from work to recover. Meanwhile, employers are protected from lawsuits when a worker’s compensation insurance plan is in place. 

Call State Insurance Solutions for help!

We have been in the business of insurance for many years. Our agents can help you find the right business insurance policy for your company. Call today to get started with a quote!

You’ve worked hard to grow your business. But what would happen if you made an accidental mistake or faced an unexpected lawsuit? Would you be able to protect yourself against a costly court case? Thankfully, there is a type of small business insurance policy available to help protect you: professional liability insurance. Our State Insurance Solutions team put together this handy guide on purchasing professional liability insurance in Dallas, TX.

What is Professional Liability Insurance?

Also referred to as Errors and Omissions Insurance, professional liability insurance protects small businesses and independent consultants from a lawsuit in the event a customer is unhappy with their work. Generally, this policy protects against alleged or actual negligence and the costs associated with defending the claim in court.

Who Needs Professional Liability Insurance?

There are several industries that require professional liability insurance, including those in the legal and medical industries. However, there are others where having it is just a good business idea. Examples of these types of professions include:

• Real estate agents
• Doctors
• Attorneys
• Counselors
• Accountants
• Architects
• Engineers
• and Others

Of course, this isn’t an exhaustive list. Consultants of all types are also excellent candidates for professional liability insurance, as their work could easily be challenged in a lawsuit.

How Much Does Professional Liability Insurance Cost?

This is a difficult question to answer. There are numerous factors that go into professional liability insurance premiums, such as the type of industry you’re in and what your unique risks are. Simply put, there isn’t a specific number. Instead, it’s best to speak directly with an agent about your individual situation to obtain an accurate rate quote. 

Are you ready to learn more about purchasing insurance for your Dallas, TX business? Contact State Insurance Solutions today for your no-obligation policy review.

Quite often, life insurance is considered to be for the breadwinners of the family and for grandparents to ensure their families are taken care of when they pass away. In truth, life insurance can benefit any human being. The question asked most is whether life insurance is worth the cost, especially for kids. 

Choosing whether to get life insurance for your kids or not is a strictly personal decision, and there really is no one size fits all approach to it. For some people, it makes complete sense to purchase life insurance for kids because it can be a way to save for the future, as they can cash it out later in life, and it helps to lock them into a low rate. There is also the fact that should something happen to your child, life insurance can ease the financial burden of funeral costs, which allows you to focus only on grieving the loss. 

There are also plenty of arguments as to why there are much better financial moves than life insurance. For starters, many experts argue that purchasing whole life insurance as a savings plan is not a lucrative move. You would be better off investing in a 529 plan or other investment. They can still be cashed out at adulthood, but they typically provide a much better rate of return.

Additionally, the risk of a child dying is much lower than that of an adult. It is often more important to make sure you have enough insurance first. This is not to say that it would hurt you to purchase a policy on your child, especially while you are getting your affairs in order. However, a term life policy will often be enough. 

The wisest step a parent can take is to speak to a financial advisor about their individual situation, and an insurance company to understand what benefits your family might gain from having an insurance policy on your kids. We here at State Insurance Solutions are happy to help our Dallas, TX family take a deeper look into any insurance gaps or additional types you might need.

As previously stated, there is no single, simple answer to whether your child needs a life insurance policy. Each family is different and has different needs. If you are in or around the Dallas, TX area, give State Insurance Solutions a call today to get the right answer for your family.