3 Factors That Influence Whether or Not You Can Get Disability

In Evergreen Park, IL, the agents of Martin Insurance Team are able to assist their clients in getting the disability insurance benefits they need when they can no longer work. The disability process takes time and you need to have the proper documentation to prove your claim.

Medical Documentation

Medical records are needed to prove that your medical condition exists and is severe enough that you can no longer function in the workplace. A medical diagnosis is that proves your condition has an adverse effect on your ability to work is one of the biggest factors in determining visibility. 

Inability to Perform Daily Tasks

Another factor is the inability to perform basic tasks that are needed to function in daily life. This can include preparing meals, caring for your environment, basic health and hygiene tasks like bathing or taking necessary medications. In many cases, this is grounds for immediate approval if based on a doctor’s recommendation. 

Inability to Perform Job-Specific Tasks

The inability to perform job-specific tasks that are associated with your career is also a factor. If it is determined that you can no longer function at your chosen profession and cannot successfully be trained for another job, you may be eligible for disability. 

Residents who live in the Evergreen Park, IL area are encouraged to call the agents at Martin Insurance Team if they have questions about disability and whether or not they may qualify. Schedule a consultation today and get the answers to your questions. They will guide you through the process so that you can move forward with your life. Get the peace of mind you deserve!

3 Tips for Choosing the Right Health Insurance Deductible

At the Martin Insurance Team, we know that it can sometimes be a bit difficult for Evergreen Park, IL residents to choose between high or low health insurance deductible. Here are three tips for choosing the right health insurance deductible for your needs.

Tip #1: Consider Your Current Health

The first thing to consider is your current health. While having insurance is great in case you have a sudden accident, it is important to take into account your general medical state first. Most people who rarely become ill should consider a higher deductible than those with chronic health problems.

Tip #2: Think About Family Planning

Are you currently pregnant or planning to have children within the next year? If so, you’ll want to think about having a lower health insurance deductible. Pregnancy comes with many types of prenatal care appointments and lab testing that can add up quickly—even before the delivery!

Tip #3: Look at Your List of Prescription Medications

It’s also important to look at your list of prescription medications before choosing a health insurance deductible. If you currently take numerous medications or those that cannot be ordered generic, it might be a good idea to consider a low deductible health insurance plan.

Of course, these aren’t the only things to consider when selecting health insurance coverage. You’ll also want to look at other aspects, such as maximum out-of-pocket cost and whether certain routine or preventative services are covered. In many instances, this can be a great way to save money without having to pay more than you have to for coverage.

Need further advice on choosing the right health insurance plan for your needs? The Martin Insurance team can help! Contact us today to schedule a no-obligation coverage review at our Evergreen Park, IL location.

 

3 reasons why comprehensive motorcycle insurance is a smart idea

If you are a motorcyclist in the greater Evergreen Park, IL area, you may be wondering what type of motorcycle insurance is right for you. The agents at the Martin Insurance Team believe that comprehensive insurance is often the right way to go. Check out these 3 reasons why we advise our bike clients to always consider a comprehensive motorcycle policy:

  1. Liability – when you are involved in an accident while on your motorcycle you may be held liable for damage or injury to people and property. The level of liability will depend on the circumstances, and it is always a good idea to protect your personal assets. Basic policies give you some peace of mind, but they don’t always provide adequate protection.
  2. Damages – while many motorcyclists opt for protection up to the value of their bike, things can be a lot more complicated in the real world. In the event that you are involved in an incident with an uninsured driver, you may not have the coverage you need with a basic policy. Don’t let someone else’s negligence have a negative effect on your life!
  3. Medical coverage – while a basic policy will likely cover the value of your bike, what about medical expenses. If you are involved in an accident with a passenger on your bike, the situation can get even more complicated. Comprehensive motorcycle insurance can provide the protection that both you and your passenger may need in the event of a mishap.

If you are in the greater Evergreen Park, IL area and would like to learn more about the different options that are available for motorcycle insurance, call or stop by. We are proud to serve all of your insurance needs here at Martin Insurance Team.

In Which Instances Is It A Good Idea To Purchase Transportation Insurance?

Transportation insurance is designed to protect commercial trucks and fleets of various sizes. This type of insurance coverage is designed to protect business owners and companies from special risks and threats posed to hauling cargo. So, when is it a good idea to purchase transportation insurance for a company or business owner?

Transportation Insurance Coverage

Anyone who is planing to haul valuable cargo, especially across state lines, is encouraged to purchase transportation insurance. In the event of a loss, the cargo is covered to prevent financial losses by the policy holder. For example, if a truck is carrying valuable cargo and it is stolen, the insurance will provide protection. It is a sensible solution for transporting valuable cargo, especially for companies who are in the business of cargo transportation or who work within a variety of markets involved in retail or wholesale distribution. 

Finding The Right Insurance Provider

They key to protecting valuable cargo during transportation is to work with an insurance provider that can offer options that completely protect valuable products in between destinations. Agents who offer these products must be able to explain in detail how each policy covers cargo and can provide coverage from outlined risks. Anyone who is in the market for transportation insurance and who lives in the Evergreen Park, IL area should contact Martin Insurance Team for more information about different insurance products that can offer coverage that works for specific needs. 

Business owners and companies located in the Evergreen Park, IL area should call or stop by the office of the Martin Insurance Team and learn how they can provide high-quality insurance products designed for transportation.  

Should I buy life insurance if I already get it through work?

If you live and/or work in Evergreen Park, IL, you probably get a small insurance policy through your employer for free. This kind of insurance is usually a basic group life insurance policy, and you probably have the opportunity to add supplemental insurance to get a higher amount.

There are advantages to buying insurance through work:

  1. It’s convenient, and you probably only have to fill out paperwork provided by your company.
  2. You won’t find a better rate.
  3. It’s easy to get accepted, even if you have a condition like a heart problem that would keep you from getting accepted on your own.

However, there are also good reasons to speak to  Martin Insurance Team about purchasing your own life insurance policy, either on its own or, more likely, in addition to the policy, you can get through work.

  1. If and when you ever leave that company, it is unlikely that your life insurance policy will follow you. Even if the company you are getting the policy through lets you convert it to an individual policy, the price will probably go up drastically.
  2. Your next employer may not offer life insurance at all. 
  3. If you only have life insurance through your employer, you are limited as to what kind of options you have to choose from. Term life insurance, which is only payable as a death benefit, is usually the kind of life insurance offered by employers.
  4. Your work policy might not have a limit as high as you need.

Clearly, there are advantages to the group policies offered by employers in Evergreen Park, IL. You should never say no to free coverage, but you should also consider that if you are depending on that policy, you might be in trouble when you are older and trying to policy on your own. If you want to discuss the policy that would best help you and your family, call Martin Insurance Team today.

Is Your E-Commerce Business Protected?

An e-commerce business in Evergreen Park, IL still needs to have the right kinds of insurance in order to stay protected. An agent at Martin Insurance Team can help you find the right insurance for your business.

Liability Insurance: Liability insurance is needed because someone could hurt himself or herself with your product and sue your business. If you think that no one could possibly hurt himself or herself using your product, think again. Liability insurance is useful no matter what type of product you sell. Someone could have an allergic reaction to the material in your clothing or a child could choke on a small piece that isn’t supposed to break off. Even if the legal claim isn’t founded, someone will have to pay for the legal fees.

Property Insurance: Your e-commerce business will have products stored somewhere, so it’s important to protect those products in case something goes wrong. It can cover any loss, theft, or damage to your inventory. It can also cover any equipment that is damaged. If you run your e-commerce business from your home, then note that home insurance won’t cover any items related to your business.

Transit Insurance: This insurance applies if you are shipping products. If you are getting large batches of inventory from distributors or shipping batches to a warehouse, then this protects items in route. When transporting your items there may be contractual protection for distributors, warehouses, or suppliers, but you need to understand what is covered and what isn’t and fill in the gaps.

Data Security: Online businesses need to keep customer data secure, and if a breach were to happen, you could be held liable for each customer’s lost information. Data security insurance can provide coverage for these events.

Business Interruption: This insurance can help if you rely on third-party providers to help with Internet or shipping services. If there is an issue that stops business, then you can recuperate losses.

Contact Martin Insurance Team, serving Evergreen Park, IL, to get a quote on commercial insurance. 

Ways to Keep Your Home Safe

Besides keeping windows and doors locked, there are other ways to keep your home safe in Evergreen Park, IL.  By keeping your home safer you may be able to lower your home insurance premiums, since your home is less at risk. Speak with an agent at Martin Insurance Team about using these techniques to save on home insurance.

Look at the Front Door for Potential Weaknesses: The front door is important as your home’s entrance and exit. It should be a steel front or solid hardwood door to prevent intruders from kicking in the door. You can also get a doorway reinforcement kit, which can help strengthen any weak spots.

Use Timers: Burglars will target homes that are dark in the evenings and a lot of break-ins happen during the day when people are at work, so set timers to fool intruders into thinking you are home when you aren’t.

Be Careful of Sliding Glass Doors and Windows: Intruders can lift some sliding windows and doors off the tracks. Use a shower curtain rod in the track so intruders can’t slide it open if they are able to get past the lock. You can also use window-sensing alarms.

Use Light: The outside of your home should be lit in order to discourage any burglars. Set exterior lights on a timer so they turn on when it gets dark. For inside, be sure there is a light near windows and you should be turning on lights when you are home, as well as away.

Take Caution during Vacations: Anything that can indicate you are on vacation can be a sign to burglars. Things like ads being piled up or mail build up is a clue that you aren’t home, so have a neighbor pick up the mail or put a temporary stop for mail delivery.

Hide Your Valuables: Keep blinds closed and don’t advertise what you have in your home. If a burglar does get inside, they are going to quickly grab what they can. Don’t hide valuables in usual hiding places and get more creative.

Visit Martin Insurance Team, serving Evergreen Park, IL, to get a quote on home insurance. 

 

The Best Way to Insure Your Child’s Vehicle

Raising kids is — a bigger job than can fit in this blog. There are many milestones to celebrate and dread. Someone, your child learning to drive is both. If you’re planning to get them a car of their own, there are some things you should know before you take the loan. Insuring your kids is a little more complicated than you might think, even in Evergreen Park, IL. That’s why Martin Insurance Team has a couple of tips for you.

When They Live With You

If you’re paying your kid’s insurance and they live with you, things are a little easier. The most important thing to know about is registration. You might want to put the car in your kid’s name, but that comes with complications. Generally speaking, an insurer will not grant a policy if the name on the registration and the primary driver don’t match. When your child lives with you, that matters less, since both of you should be listed as drivers regardless. When they don’t live with you, things get more complicated

When They Don’t Live With You

It’s hard to justify putting yourself as a primary driver on a car that you never drive. Also, having multiple drivers usually raises the premiums. When this happens, the easiest way to handle insurance is to put the registration in your kid’s name. They’ll be the primary driver, and the policy will be in their name too. If you’re still paying for all of it, that’s fine. Insurers don’t care who cuts the check, as long as the paperwork matches and they get paid.

While these two tips are useful, Martin Insurance Team has plenty of advice for residents in Evergreen Park, IL. If you want the best plan for all of your policies, a simple chat can get you there.

 

How to Retire Tax Free

In years gone by retirement was something that folks really looked forward to, relatively stress-free, but today it can be a very different story. For starters, individuals retiring in today’s economy are held much more responsible for their retirement income than say our grandparents and great-grandparents were. Companies simply do not offer the same kind of retirement packages they did decades ago. So the burden of preparing for retirement lays almost entirely on the shoulders of the individual. So, what are some ways that you can boost your retirement efforts? Looking for ways to save for retirement tax-free is your first step. 

Roth IRA

A Roth IRA account is a great starter account for most people. I say most people because there are income caps on who can contribute to this type of account. There are also caps on how much you can contribute each year. Currently, it is $5,500 per year if you are under 50 years old and $6,500 if you are older than 50. This is an important type of retirement savings because the money goes in tax-free and most importantly, it comes out tax-free as well. 

Roth 401(k)

If your plan allows it, then this is a great additional type of retirement account. The great thing about a Roth 401(k) is that it allows a much larger annual contribution than the Roth IRA. Currently the contribution amount is $18,500 if you are under 50, and it allows for $6,000 catch up if you are over 50. 

Working with A CTA

One of the best ways to get your retirement on track is to speak with a CTA. These professionals can help you identify ways to save tax-free for retirement. If you would like to speak to someone about this service, please contact our friendly staff at Martin Insurance Team serving Evergreen Park, IL. 

How Your Car Insurance Will Change After Marriage

Marriage is a huge time of change for a couple. Most people move after marriage, merge bank accounts, start thinking of having kids and basically get much more serious about their lives. Car insurance is another aspect of life that can change drastically after marriage. While planning your wedding you probably didn’t give much thought to car insurance, but car insurance is an important topic to discuss. Here are a few ways car insurance might change might change if you combine policies after marriage. 

Combine to Make Life Easier

It is not a law that you combine your car insurance after marriage, however, most couples find that combining policies is much simpler than dealing with two different policies. This would also be a good time for both of you to shop around a bit in order to make sure you have the best deal possible. 

Combine to Save

In many cases, married couples will get a discount that single people can’t get. And even if you don’t get a discount for being married, you will often get a discount for having multiple cars on a policy, so either way, there is potential to save some money now that you are married. 

Combine to Save on Other Big Changes

If you have coupled buying a home with getting married, which many people do, then you will want to check with the insurance company to see if they also offer home owner’s insurance. There are huge discounts available to individual’s who bundle their auto with their home owner’s insurance. This is a great way to knock out two chores at once and save some money at the same time. 

If you would like to learn more about how your insurance will change after marriage, contact the helpful staff at Martin Insurance Team in Evergreen Park, IL.