Taking A New Job With A Lot Of Travel Involved? Check To See If You Have Enough Insurance
When you take a job that will require a lot of traveling both flying and driving, it's important to check your insurance policies. You want to make sure that you have the right type of insurances, and enough insurance, so you are covered if there is any type of emergency or mishap. Here are some of the things that you should take into consideration and talk about with your insurance agent, or other legal professionals, to get the insurance you need in place:
Are you Leaving Behind Assets and Need Insurance?
Are you leaving behind a house, auto payment, or other assets that you don't want to go to the bank? If so, you want to have enough life insurance to cover the cost to pay off these different assets or to keep the payments going until the assets can be sold. If you want to leave behind any money to pay for funeral arrangements, take this into consideration as well.
Do You Have a Will and Medical Power of Attorney?
Make sure that you have a will, so there is no confusion with assets and things if something tragic happened, and also that someone is established as your medical power of attorney. You may have an accident, and you need someone to make important life or death situations, and you want to choose who that person would be.
Is Your Auto Insurance Up to Date?
Do you have an auto insurance policy that has coverage for the miles you will be driving with your new job? You want to talk with an agent to make sure that you have any type of benefits that could be needed, like having towing coverage, rental cost coverage and more. Your insurance company could deny claims if you are driving more than you put down on your agreed policy.
There are a lot of different things that you could need when you talk with an insurance agent, like unemployment insurance if you are self-employed and something happens that prevents you from earning a wage. Talk with your local agent to see what different options they can add to the policies that you have now, and to make sure that you are covered no matter what the situation is with your new job. When you bundle these insurance needs together, you can save money on the overall monthly or annual costs for your policies.
Contact a company like Northeast Insurance Agency for more information and assistance.