Should I Have a Life Insurance Policy on My Kids?

Living in Las Vegas, NV, there are days when you think of little more than how hot it is. Still, life here is like anywhere, and there are always more responsibilities to be tackled. One of those is getting a  life insurance policy. While you’re shopping, you might wonder if you need coverage for the whole family. That can be a surprisingly deep and complex question, but Sage Insurance Services Inc. has simplified the answer.

Yes, If

Child policies don’t work the same as adult policies. Technically, you can attach a term policy for your child to the one you already have, but it doesn’t usually make sense to do so. Instead, children qualify for whole life insurance. These policies basically work as an additional investment account that will belong to your kid when they hit adulthood.

Whole life policies have guaranteed returns. They won’t set records for how much interest they accrue, but they are zero risk and tax-deferred. That second part is what matters most. If deferring taxes on the money you put into a whole life insurance policy could save you money in taxes, then it’s a reasonable way to set your child up with a nest egg later in life.

The Special Case

Without tax savings, child policies aren’t usually necessary. There are plenty of other ways to put money away. The one exception is for children who develop a lifelong medical condition. Even if the condition isn’t overly serious or life-changing, it could inhibit their ability to purchase life insurance as an adult. If you get them a whole life policy, it locks in their eligibility, and they’ll be guaranteed the right to have life insurance no matter what happens in the future.

Overall, life insurance for children isn’t the first concern for most people, and it doesn’t really have to be. Instead, if your basic insurance needs are met, you can talk to your Sage Insurance Services Inc. representative and see if there are any golden opportunities. Not everything in Vegas has to be a gamble.

 

3 Tips for Buying RV Insurance in Las Vegas, NV

Las Vegas, NV is the perfect place to park your RV. Making this city your RV home will give you easy access to surrounding states and all they have to offer. However, before you even drive or pull your RV out of the sales parking lot, you’ll want to make sure it is properly insured. Even if you don’t plan to live in your RV, you still need to protect this important recreational asset. Read on to learn how to save money when purchasing an RV insurance policy.

1. Compare Quotes

It’s important to look at more than one quote before deciding on a policy. Sage Insurance Services Inc. recommends you view at least two or more policies, carefully going over the fine detail to be sure you acquire the right policy at the right price.

2. Bundle Your Insurance Policies

Chances are you already have at least one insurance policy. This can be homeowner’s insurance, auto insurance, condo insurance, or another policy. If you’re happy with the insurance company you work with, take a look at their policy for RV insurance. If you find another policy you like better, consider switching any existing policies under a new insurance company. Either way, it makes sense to bundle your polices to save money on your monthly premiums. 

3. Work with a Reputable Agent

Looking for an RV insurance policy on your own is not recommended. It’s easy to miss something and then be totally caught off guard if and when you submit a claim. To ensure you get the right policy and understand it, work with a reputable agent to help you.

At Sage Insurance Services Inc. our knowledgeable and friendly staff will answer all your questions and concerns about RV insurance. Contact us today to learn more.

Can Roomates Share A Renter’s Insurance Policy?

Whether you are a homeowner or a renter Sage Insurance Services Inc. located in Las Vegas, NV will be able to aptly help you define exactly the right policy to fit all of your needs. Generally, renters insurance is for individual renters. However, roommates are able to have joint policies as long as they are documented as being on the policy. The documentation of a roommate is crucial because the insurance benefits will not automatically apply to the roommate if they are not related to the renter who is on the policy. 

Acquiring renters insurance is a smart move because it can protect you in the event of a robbery or some other stipulated circumstance that can occur that causes you to lose your property.  Some landlords require you to carry renters insurance in order to live on premises.  When you decide to rent a property with a roommate sitting down and having a conversation about renters insurance is in order.  The bottom line is that if you own valuable items and plan to store them in your rental space renter’s insurance will protect you. 

 The agents at Sage Insurance Services Inc. have been trained especially to help you determine what is going to work best for you. In addition to renter’s insurance, we are professionals in auto insurance, home insurance, life insurance, boat insurance, motorcycle insurance, trailer insurance, all-terrain vehicle insurance, as well as toy insurance which includes Jet-ski‘s. No matter what facet of your life needs protection we will be able to guide you to the very best policy to protect you. 

Call today to find out how we can formulate an appropriate renter’s insurance policy to fit your needs. Our telephone number is 702-547-1900 and our offices are located 1081 South Cimarron Rd STE. B-5 Las Vegas, NV.,

New Motorcycle Owner? Here’s What You Need To Know About Insurance Coverage.

If you’ve recently bought a new motorcycle, you’re probably eager to take it out for a spin around Las Vegas, NV, right? Hold on! You may think that the only protection you need is your safety gear, but if you don’t know the basics of motorcycle insurance coverage, your bank account could take a serious hit. Here’s what you need to know from the insurance experts at Sage Insurance Services Inc. 

Why Buy Motorcycle Insurance? 

Nevada state requires standard motorcycle insurance coverage by law, the same as if you are driving a car. And, if you have a lease or loan, your lender will usually require coverage as well. Motorcycle insurance can protect you from losing your Las Vegas, NV home, life savings, or both if you are deemed responsible for an accident having caused personal injuries or property damage. Your policy may also cover your medical bills if injured, damage from vandalism, and theft. 

What Types Of Motorcycle Insurance Are There? 

Liability insurance is the coverage legally required that most people think of when they think about insurance. There are two liability insurance categories: 

Bodily injury liability: This pays for any medical bills, pain and suffering, or loss of wages for people you kill or injure due to an accident that you cause or contribute to.  

Property damage liability: This pays to repair or replace any property of others you cause damage to during a collision, such as telephones or cars, and will help pay defense costs if you are sued due to a collision.  

You may want to consider buying more than the minimum amount of coverage required, and optional coverage such as uninsured/underinsured liability. One minor accident can cause a serious dent in your finances. If you have assets to protect, you’ll want to make sure you’re protecting them. To find the perfect motorcycle insurance policy to cover you and your new ride, call Sage Insurance Services Inc. Today.

Is It Too Late To Buy Life Insurance?

Aging has a way of sneaking up on us. One day you’re graduating from school and starting your life. The next, you’re making plans for retirement. What happens if, while attending to the daily business of life, you forget to buy life insurance along the way? Can seniors in the Las Vegas, NV area still benefit from a life insurance policy?

Can I Qualify for a Term Life Policy?

Companies like Sage Insurance Services Inc. offer term life insurance policies that cover a specific number of years. Seniors over the age of 75 will probably have a hard time finding this type of coverage. However, those who haven’t reached that level of maturity can still gain great benefits from term life coverage.

What About Whole Life Coverage?

Whole life insurance policies are designed to cover you until your death. There are very few restrictions related to age for these policies. For that reason, seniors who have neglected their insurance coverage are more likely to be accepted into these funds. These policies do accrue cash value over time that subscribers can use for emergencies and other investments. However, depending on your life span, you may not have enough time to gather enough cash in the fund for your own use. Any extra cash will go to your dependents.

What Can I Do With My Life Insurance Policy?

  • Pay final expenses. The Social Security death benefit is never enough to pay for burial expenses. Your life insurance policy will provide your dependents with enough cash to give you a proper going-home ceremony.
  • Pay other financial liabilities. If you still owe money on your home, automobile, or businesses, funds from your life insurance policy will help your surviving dependents pay these off so they aren’t burdened by debt.
  • Provide for your family’s future. The money from your life insurance policy can be used to pay for education, moving expenses, or as a nest egg for surviving adult dependents.

Sage Insurance Services Inc. offers life insurance policies for residents of all ages in the Las Vegas, NV area. Contact us to find out more about your late-life insurance options.

Does The Holiday Season Put Your Business at Higher Risk?

The Holiday Season is the busiest time of year for may businesses even if they are not retail. There are many inherit risks when it comes on increased productivity, however there are also holiday specific risks a business owner should be aware. At Sage Insurance Services Inc. we want your business to be fully protected from loss year round. We serve Las Vegas, NV and the surrounding areas. 

Business Risks Unique to the Holiday Season

  • Theft is an increased risk during this time of year. in retail, the larger amount of people in and out of your business increases the risk, but even in other businesses, there are higher levels of theft from employees and other people. Offset this risk with increased security, and awareness. Also, a risk when it comes to theft within a business is employee injury be sure to educate your employee about not putting themselves at risk in the heat of the moment if there is a theft or robbery. 
  • Holiday parties are a perk of this time of year. They are a great way for your employees to get to know each other better and build moral across the company. However they do pose certain risks and drinking on company property should be kept to a minimum, even better for your liability issues would be to rent a room in a local restaurant or hall. 
  • The roads can be increasingly hazardous, even in areas without snow. this is due to increased traffic from shoppers, family visiting each other, and tourist in Las Vegas. Be sure to educate your employees that drive a company vehicle on increased holiday driving awareness. 

Contact us at Sage Insurance Services Inc. for more information about your business liability during the holiday season. We serve the people of Las Vegas, NV and the surrounding areas. 

 

What is term life insurance?

No one really wants to think about what would happen after they pass away, but for anyone with a family, this is one of the most important questions that need to be answered.  While your loved ones will never be the same after losing you, they will also be financially vulnerable.  In addition to losing your income, they may also have to contend with medical bills, legal fees, and other expenses.

In order to pay these bills, your family will probably need to rely on the funds received from a term life policy.  These policies are priced relatively cheaply and are good for a set period of time.  During that time frame, the policy would pay your survivors the value of the policy in the event of your death.

Term life policies are usually purchased in ten year increments.  For many young people, the risk of dying is fairly low, so the overall cost of these policies is much cheaper than other forms of life insurance.  That makes them an ideal choice for young families that are on a budget.

A term life policy can provide a lump sum payment to your loved ones that can cover any outstanding bills and leave additional funds to support your family until they have time to adjust to your loss.  This money can be used to pay off debt or it can be invested to provide a lifetime of income.

If you’re a resident of the Boulder City, NV area and you’re thinking about buying life insurance, contact the professionals at Sage Insurance Services Inc.  They can help you find the policy that is right for you.

Three Things You Should Know When Purchasing Boat Insurance

Purchasing an insurance policy for a boat isn’t always as easy as obtaining insurance for an automobile. Many insurers will not underwrite policies for boats. Other insurers want to charge an exorbitant premium for very little coverage. If you are looking for an insurance policy to cover your boat, keep the following three tips in mind as you comparison shop for the right policy at a price you can afford.

Minimum Coverage Isn’t Always Enough

Many states have laws on minimum coverage amounts; these amounts may not always be enough if an accident happens. Look at your overall financial picture and determine how much coverage you need to protect yourself in the event that an accident happens with injuries to other people and damage to property. Then select your coverage amounts and deductibles accordingly.

Types of Coverage Needed

Your boat is not the only thing that needs insurance coverage. You should purchase a policy that includes coverage for damage to property other than your boat, including other watercraft. You should also obtain coverage for injuries to yourself and others involved in an accident.

Cheapest Isn’t Always Best

Many people will select a boat or automobile insurance policy based on which policy has the cheapest premium amounts. This can involve exorbitant deductibles that can cause a hardship in the event of an accident. Select your policy based on coverage amounts and overall costs in the event of an accident. Don’t let the upfront premiums be your deciding factor.

If you are in the Las Vegas, NV area and you have a boat that needs insurance coverage, Sage Insurance can help. Visit online to get a boating insurance policy with more than the state minimum coverage at a price you can afford. Then go out and enjoy your boat with the peace of mind that comes from having all your affairs in order.

The Importance of Updating Your Insurance Policies

Here at Sage Insurance Services Inc. of Las Vegas, we want to make sure our clients have the absolute best coverage at all times. It is our job to ensure that you feel safe and taken care of as customers. One of the things that can help you stay at the best position possible with your coverage is occasionally updating your policies. While you may have started on the best plan for you, there may be an even better option for you now!

Regardless of the type of policy, over time things in your life change that could affect your insurance coverage. If you have made changes in your home that add safety features or substantial value to your home, your current policy could be out of date. Reevaluating could find you a cheaper rate, better coverage, or even discounts to add. A better premium is always a bonus, but making sure you are adequately covered could save you even more. If you have made a new large personal purchase or added on to your home, you don’t want to wake up one day to find that those things weren’t covered on your initial policy.

The same goes for your auto insurance. If you are thinking about purchasing a new car, check into how this will affect your premiums. Once you have made the purchase make the update immediately! You don’t want to drive your gorgeous new car one single day without making sure that it is 100% covered! New drivers in your household mean an update too. Teen drivers can increase your premium by quite a bit, but they can also qualify for discounts like a “Good Student” or “Drivers Education” discount.

What is available to you at any given point can change or fluctuate with your own life and you owe it to yourself to keep all your insurance policies up to date. If you don’t ask you’ll never know, so make sure to give one of our fantastic Sage Insurance agents a call to see what they can do to help you make your policies work better for you!

Little Known Uses For Common Cleaning Products

Everyone loves a great multi tasker so why not try to find alternative uses for your favorite household cleaners? There are more uses for common household goods than you might imagine and knowing what they are can help save time and money.

Dish soap can double as a grease remover in your laundry. Dish soap is formulated to help remove grease from plates and other dishes which means that when used in the wash it attacks grease stains and helps to life the fats that are in the grease out of your clothes quickly and easily. Similarly, vinegar can help remove nasty stains from clothes and peanut butter can remove gum.

Another cleaning product that pulls double duty is lemons. These can be used to help scrub away stains in pots and pans and can also work as an air fresher in your trash and garbage disposals. This fragrant fruit is great for adding a bit of a fresh smell to any room and can help make your life easier. The acid in the juice of a lemon can attack stains and when paired with something like baking soda it has even more cleaning power.

Have a broom duster, the pads can be used as cleaning cloths as well. Instead of buying a duster and a dusting broom buy just the broom and use the wipes to help remove dust from surfaces all over your home. These duster wipes can help collect dust and make your job tons easier without having to buy a million different cleaning products. No matter what products you use Sage Insurance Services Inc. wants your job to be easier so why not take a few short cuts. These are just a few multipurpose items, you can use them for just about whatever you want.