Why Life Insurance Should be a Must for Most

Sadly, some people will die young. While many folks would rather not think about something as morbid as death, the simple fact is that you and your family must prepare for every contingency. If you or a loved one passes away, it will not only be an emotional burden but often a financial one as well. Fortunately, the right life insurance plans can mitigate risks. If you are considering life insurance plans, get in touch with AHI Group. We serve Olathe, KS and other communities and would be happy to explain various life insurance options to you.

The Financial Security Life Insurance Provides

Unfortunately, when someone passes away, a family will often lose many valuable resources. While the first consideration after death should be emotional and should focus on grieving, the simple fact is that death can leave a family in a dire financial situation. This will make it hard for the family to plan a funeral and to grieve.

That said, life insurance policies may provide financial assistance in the event of a death. To be clear, you’ll need to read the fine print of any insurance policy you’re considering, or you should work with an insurance agent. What is covered can vary from plan to plan. An insurance pro can help you select the right plan for your given situation.

The payout provided by insurance can greatly reduce stress for the surviving family members. The funds could be used to help pay for a funeral, cover mortgage payments, and fund child care. This will greatly reduce the stress for surviving family members, which in turn will help them focus on grieving and supporting loved ones.

Think you need to take out a life insurance plan?

Contact the AHI Group, which serves Olathe, KS and other communities.

Should I cancel my auto insurance if I no longer have a vehicle?

Various circumstances could leave you without a vehicle.  Your car may have been totaled, and you don’t have the funds to purchase another immediately.  Maybe your vehicle has broken down or been repossessed, or you sold it.  No matter the circumstances behind your not having a car, you don’t have to cancel your auto insurance altogether.

When we think of an auto policy, we think of a car that we want to cover and protect.  However, in Kansas, you can purchase a non-owner insurance policy to protect you financially if you’re involved in an auto accident. 

How a non-owner policy works

A non-owner policy covers you when driving a borrowed or rented vehicle.  Suppose you are liable for causing an accident.  In that case, a non-owner policy covers your legal liability for auto accident-related property damage and injuries to the other parties involved.  A non-owner insurance policy is typically cheaper than most regular auto insurance policies.  If you don’t own a vehicle but want to protect yourself financially, you can work closely with our agents at AHI Group in Olathe, KS to discuss the appropriate non-owner insurance coverage that meets your needs. 

Coverages for non-owner insurance policies

Non-owner insurance policies in Kansas must cover the state’s minimum coverage that applies to a traditional car insurance policy.  Those coverages include up to $25,000 for bodily injury per person and $50,000 per accident.  They also cover up to $25,000 per accident for property damage. 

How to get a non-owner auto insurance policy

If you have found yourself without a vehicle and have to borrow a friend’s car, drive a rental, or operate a vehicle as part of a ride-sharing program, contact our agents at AHI Group in Olathe, KS to discuss a non-owner policy.  We can get you covered and protected financially with a personalized insurance policy. 

What are the most common misconceptions about commercial insurance?

As a business owner, you probably have a lot on your plate. You need to run your business to make sure it is successful and also make sure that it is protected. One of the best ways to protect your business is to have commercial insurance, but there are many myths surrounding it.

Let’s take a look at some of these myths and debunk them:

Myth 1: Commercial Insurance Covers All The Losses

A common belief is that commercial insurance covers any type of loss. However, this is not true. Just like any other type of insurance, business coverage has a number of exclusions. There is no commercial policy that would cover everything. Every policy is different, and it is crucial to understand that. 

Myth 2: Small Businesses Do Not Need Commercial Insurance

The truth is that all businesses can benefit from commercial insurance regardless of their size. Therefore, if you think that your company is too small for business insurance, you are wrong. 

Myth 3: Your Home Insurance Will Protect Your Home-based Business

Do you think that your home insurance will also protect your home-based company? Well, this is untrue. Unfortunately, your home insurance covers your home and personal belongings only. Therefore, if you run a business from home and want to make sure that it is protected, you need to get commercial insurance. 

Looking For Insurance in Olathe, KS?

Are you a business owner running your business in Olathe, KS or any other town in the state of Kansas? Do you want to make sure that your company is well protected in the event of loss? Then, consider reaching out to AHI Group and getting business insurance. At AHI Group, we specialize in all types of insurance, including commercial insurance as well. Reach out to us today. 

What is a Loss of Use Policy in Home Insurance?

When purchasing home insurance, it’s important to look at the various policies that are available to you. At AHI Group, our team likes to design specific policies that will fully insure the people of Olathe, KS. One type of coverage to consider is loss of use, an insurance policy that pays for additional living expenses. 

What Situations Require Loss of Use Insurance?

Additional living expenses, also known as ALE, are usually incurred from unexpected life events. If a fire or a storm damages your home, then you might have to move into a temporary residence as your home gets rebuilt. Whether it’s a hotel room or a rented RV, temporary living can be surprisingly expensive – potentially creating new costs for your living situation. For example, if you don’t have a fridge in your temporary home, you might resort to buying restaurant food or quick meals from a convenience store. There could be additional costs from new clothing, health supplies, and beauty products – items that are sometimes lost from property damage.

What Does Loss of Use Cover?

In a home insurance policy, a loss of use policy will cover hotel stays, vehicle fuel, and other necessary expenses while you’re living outside your home. This policy is especially useful if you’re living in a hotel room that is more expensive per month than your actual residence. 

Getting Loss of Use in Olathe, KS

If you’re interested in including loss of use in your home insurance plan, then please contact one of our agents in Kansas. You can call the AHI Group to learn more. We offer other types of coverage, so feel free to ask about those policies as well. 

Does my RV insurance in Olathe KS cover every driver in my household?

Whether or not you need to insure your RV depends on whether your RV is a motorized vehicle or if it is something towed along by something else, such as a pop-up camper or travel trailer. If you do have a motorized RV in Olathe, KS, you do need to make sure you have the proper insurance to protect your assets. At  AHI Group, we can help you make sure you have the coverage you need.

Legal Requirements

If your RV is self-propelled, you need to have coverage much like regular automobile coverage. 

  • Liability insurance will pay other people’s property damage and medical bills if you are found to be at fault in an accident. The state has minimums, but you can speak to your agent about whether you are comfortable with minimal coverage.
  • Personal injury protection (PIP) pays medical bills for you and your family after an accident, no matter who is at fault.
  • Uninsured motorist protection helps you if you are in a collision with an uninsured motorist.

Who Is Insured to Drive?

When you fill out your insurance application in Olathe, KS, you will be asked to list your household members. During that time, you will list all the people who will be driving the RV. An RV is a serious piece of equipment, and it is important that you are honest about who will be behind the wheel. 

RV insurance usually follows the vehicle, not the driver. That means that the claim will probably be paid, but you need to add anyone who will be a regular driver. If anything changes while you have the policy, you should contact your insurance company right away. If you have any questions about RV coverage, please feel free to call AHI Group today.

Riders You Can Add to Your Life Insurance

At AHI Group, we offer the residents of Olathe, KS life insurance that helps them provide for their families in the event of their death. Life insurance policies, like other types of insurance, offer riders or add-ons that let you customize the policy to your needs. Life insurance riders allow you to add additional utility to your policy. Some add to the premium, while others do not. Let’s explore the most common riders and what each does.

Life Insurance Add-Ons

Accidental Death Rider

The accidental death rider pays an additional amount to your beneficiary if you die in an accident. Some of these riders pay twice the face value of the policy, hence the name double indemnity policy.

Guaranteed Insurability Rider

Adding a guaranteed insurability rider lets you add coverage at a later date without a follow-up medical exam. This can come in handy as you age and have children since as your family grows, so should your amount of insurance. If you develop an illness that would otherwise preclude coverage, with this rider, it won’t keep you from adding to your policy.

Waiver of Premium Rider

A waiver of premium ensures that if you sustain a disabling injury or illness, you won’t have to keep paying premiums for your life insurance to remain active. The rider pays the premiums for you.

Long-Term Care (LTC) Rider

You have two choices when it comes to LTC – a rider on your life insurance or a standalone policy. The rider adds LTC coverage to your life insurance that accesses part of your death benefit as funds to pay for care in a residential facility.

Family Income Benefit Rider

This life insurance rider provides monthly income for your family when you die. Typically a rider added to the life insurance of the sole income earner in a household, this add-on protects your family’s ability to maintain their way of life and high living standards.

Accelerated Death Benefit Rider

An accelerated death benefit lets you access your death benefit while you live if you receive a diagnosis of a terminal illness. This rider can protect other family finances and fund your medical costs to fight the disease.

Child Term Rider

A child term rider adds term life coverage for your minor child to an existing parental life insurance policy. It pays a death benefit if your child dies during the term covered.

Protect Your Family with Life Insurance

Contact AHI Group serving Olathe, KS to ensure that you provide for your family in death. Let us help you provide your family with peace of mind.

Is Auto Insurance Required in Kansas?

Our agents at the AHI Group serving the Olathe, KS area want you to know that auto insurance is required in the state of Kansas. This means that auto insurance is mandatory for all drivers and if you are caught driving without the minimum amount of auto insurance, you can be fined, lose your license, and even have to serve jail time in some cases.

The minimum amount of auto insurance in Kansas includes personal injury protection (PIP) and uninsured or underinsured motorist coverage. This type of liability insurance will only cover the other vehicle if you are at fault in the accident and help pay the medical bills of the other vehicle’s driver and passenger.

Uninsured and underinsured motorist coverage will help you out if you are involved in an accident with someone who has no insurance or who does not have very much insurance. This means that this type of insurance will help you pay for the damages to your vehicle and for any injuries that you suffer in an accident.

Other Types of Auto Insurance

Collision Insurance

collision insurance is designed to help you pay for any damages to your vehicle if you collide with another vehicle or even some sort of stationary object.

Comprehensive Insurance

Comprehensive insurance is very important to have since it will help you replace or repair your vehicle if it is damaged in a way other than an accident. This can include a natural disaster, a fire, an act of vandalism, or even if the vehicle is stolen.

Both comprehensive and collision insurance policies are normally required by lenders who offer auto loans.

Contact Us Today

To create the best auto insurance policy for you and your vehicle, contact the experienced and knowledgeable agents at the AHI Group serving the Olathe, KS area today!

Does my commercial insurance policy protect my business when the business is closed because of weather?

Besides your home, your Olathe, KS business is your most valuable asset. Your commercial insurance through AHI Group probably has coverage for at least the property and vehicles you use. When bad weather strikes, you will hopefully have coverage to help you recover from property damage. However, if the event is serious enough, bad weather can close your business for a short time or even indefinitely while your recover. 

Bad Weather Coverage

Especially if you live in an area where there are frequent weather events, it is vital to make sure that your insurance covers those kinds of incidents. Some policies will have exclusions for certain kinds of weather events, and you need to make sure you understand what your policy covers. However, even if you have coverage, you will likely only be protected against physical damages. Coverage for when your business is closed is different and must be obtained separately.

Business Interruption Insurance

When your business is closed, you still have to pay your mortgage and employees. Some businesses never recover from a business closure that happened because of a weather event. Income protection insurance, also called business interruption insurance, can help cover that gap. You will still be able to pay wages, rent, taxes, utilities, and other necessary bills that continue to accrue while your business is closed. 

Get The Coverage That You Need

If your business closes because of an unforeseen weather event, you will want to get back open as soon as possible. Business interruption insurance can help you to stay afloat while you make necessary repairs. If you feel as though this is a protection that could help your Olathe, KS business, or if you have questions about how it works, please call AHI Group today.

Spring is a Great Time for a Home Insurance Review

If you have a home, you know how important it is to protect your investment in it. It’s the place where your family feels safe and makes memories, and you want to take good care of it. Spring is a good time to review your home insurance policy and make sure you have all the coverage you need for your house. If you’re in the Olathe, KS area, AHI Group can review the policy you have and see what kinds of changes you might want to make.

Reviewing Your Home Insurance

In the springtime, everything feels fresh and new, and that can give you extra incentive to clean your house, donate items, and make changes. While you’re working your way through those changes, consider your home insurance policy. Does it need changes, too? If you’ve made improvements to your home, for example, or you’ve added detached structures like a shed, you may need coverage adjustments.

Working with our professional, dedicated insurance agents makes it easy and convenient for you to make any needed changes to your home insurance, so you can have more peace of mind and know that you’re protected. It’s a good idea to review your home insurance policy once a year and anytime you have a big change to your home for any reason. That way you’ll always have the level of coverage you need.

Give Us A Call

Our team at the AHI Group can help with your home insurance review if you’re in the Olathe, KS area. We know your home is very important to you, and you want to keep it safe. Insurance is one of the best ways to do that, and our agents are here and ready to help answer your home policy questions. After a thorough review from us, you’ll have the knowledge you need to make an informed decision about any coverage changes.

Kansas RV Insurance: Are You Prepared?

Embarking on an RV adventure is an exciting way to explore the beautiful state of Kansas and beyond. However, it’s crucial to ensure you’re well-prepared for the journey by securing the right insurance coverage. Here we delve into the importance of Kansas RV insurance and spotlight the services of AHI Group in Olathe, KS to help you navigate your options and stay protected on the road.

About RV Insurance

The open road can present numerous challenges and risks, making it vital for RV owners in Kansas to have adequate insurance coverage. AHI Group, a trusted insurance agency in Olathe, KS, offers tailored policies to fit the unique needs of RV enthusiasts, ensuring that they can travel with confidence.

Kansas RV insurance typically encompasses several components, including liability coverage, collision coverage, comprehensive coverage, and additional optional coverages. Liability coverage protects you in case you’re at fault in an accident, while collision and comprehensive coverages safeguard your RV against damage from accidents, theft, and other perils. It’s essential to work with an experienced insurance agency like ours to determine the appropriate levels of coverage for your specific RV and travel plans.

We can provide you with customized RV insurance solutions. Our  team of professionals is dedicated to helping you understand your options and crafting a policy that addresses your unique needs and concerns.

Give Us A Call

Securing the right Kansas RV insurance is an essential aspect of preparing for your adventures on the open road. By partnering with a dependable agency like AHI Group serving the greater Olathe, KS community, you can ensure that your RV and its occupants are protected, giving you peace of mind to enjoy the journey ahead. Don’t let insurance concerns put the brakes on your RV escapades – contact us today for a seamless and comprehensive insurance experience.