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. 

3 Tips for Picking the Right Health Insurance Plan

With all of the health insurance plans out there, it’s not always easy to determine which plan is best for your individual needs. The Martin Insurance Team serves residents of Evergreen Park, IL and can help you make this important decision involving your health. Here are three tips for figuring out the insurance plan you should select.

Take a Look at the Benefits

Read the fine print so that you can make an informed decision and chose a plan that’s a good fit for you and your family. Some plans have better coverage for different aspects of care, such as when you’re traveling abroad, for specific pharmaceuticals or for mental health issues. Talking with someone in person is also beneficial to help you understand the various plans you’re considering.

Look at Your Healthcare Spending Patterns

Consider how much you spend each year on healthcare. Do you typically reach your deductible? If you didn’t by a wide margin and you predict a similar scenario for the upcoming year, you should consider a plan with a deductible that’s even higher, which means your premium will likely be lower. 

If the opposite is true and you met or exceeded your deductible — or if you will have upcoming medical costs, such as for a planned surgery or if you’ve been diagnosed with a disease such as diabetes — then consider opting for a plan with a lower deductible and higher premiums.

Avoid Unnecessary Out-of-Pocket Costs

This may seem obvious, but make sure your primary doctor accepts your insurance plan. Otherwise, you may have to switch doctors or pay out-of-network rates, which won’t be wallet-friendly. You may want to call to double-check if your doctor is in-network for the plan you’re considering to make sure you have updated information.

You can learn more about the type of health insurance plan that’s right for you by contacting the Martin Insurance Team, serving Evergreen Park, IL. Don’t hesitate to get in touch with us today!

Do You Need Disability Insurance?

Disability insurance is not something that many people know about. For some, however, it is essential and is a great thing to have. For those workers that feel they may need disability insurance, the helpful agents at Martin Insurance Team in the Evergreen Park, IL area can help you to find the right disability policy for you.

So what is disability insurance? This insurance takes the place of a disability payment should the worker become injured. This policy is going to help pay wages for the injured worker should they become injured and not able to work. This helps prevent the need to go through the process of applying for disability through your work or through your local government.

So who needs this type of insurance? Workers that are at risk to become injured at work, workers that have a job site that is not likely to pay out disability payments, or for those workers that do not want to deal with the hassle of filing for temporary disability, this might be the right solution for you. You can take our policies with a wide range of coverage to help you pay your bills while you are injured based on what your current pay is and based on what amount of money you need to be able to pay your bills each month.

You should note however that this type of insurance is still going to require that you prove you are disabled and show what happened as well as doctors notes to prove that you have been hurt. This is going to help to make sure that you get the right payout and that your policy is going to help pay the bills.

For those that live in the Evergreen Park, IL area, the agents with Martin Insurance Team can help you determine if you need a disability policy and what amount of coverage you need to be safe and secure.  

Understanding the Risks and Responsibilities of Motorcycle Ownership

Riding on the open road. The wind in your face. No doubt about it a motorcycle is just cool. However, there is a lot more to motorcycle ownership than just looking cool as your ride down the road. Understanding the risks and responsibilities of bike ownership is crucial to making the most of your bike. 


it is the reasonability of the owner of the bike to know how to operate the bike safely. Driving a motorcycle is nothing like driving a car. Just because you can drive a car does not mean you will be great at driving a bike. In order to learn the best safety practices when driving your bike, it would be in your best interest to take a motorcycle safety course. This will give you the chance to learn everything you need to know from a professional. 


If you choose to own and drive a motorcycle then you should also understand the risks involved with that ownership. There are an entirely different set of risks involved in driving a motorcycle than there are in driving a car. Never assume you know everything. Learning about the risks involved is the best way to avoid those risks. You should understand the dangers of driving in certain types of weather as well as in certain types of areas. You should also learn how to interact appropriately with the motorists around you on the road. 

If you have recently purchased a motorcycle or are considering purchasing one, take the time to find a quality motorcycle safety course or driving course in your area. Learning how to drive and operate your new bike from a professional will go a long way in preventing problems in the future. If you would like to learn more about bike ownership and bike insurance contact Martin Insurance Team serving Evergreen Park, IL. 

What You Need to Know About Transportation Insurance Before You Move

A move can be a busy and stressful time in the life of any family. Worrying about your possessions while they are being handled by movers or being transported to your new address is something you do not need. Transportation insurance for movers can help alleviate that worry. The Martin Insurance Team in Evergreen Park, IL can better help you understand your options. 

What is Transportation Insurance or Mover’s Insurance?

This type of insurance covers cargo that is being transported from one point to another. If you are going to be handing your possessions off to a third party, you will want to insure those possessions while they are in their hands. You should note that transportation insurance does not usually apply if you are moving the items yourself. 

Does My Homeowner’s Insurance Cover This?

The homeowners’ insurance on your previous house may contain some coverage for you during a move, but in most cases, it will not cover all of your possessions while they are being moved by a third party moving company. 

Where To Get This Insurance?

Many moving companies themselves will offer some form of transportation insurance for you. You can learn about these services when you are arranging for your move. Be sure to read the insurance policy carefully which they are offering. Sometimes these are very basic and may not cover all of the details which are important to you. If you are not comfortable with the insurance being offered, then you can look elsewhere to find a policy that is more customized to your particular situation. 

Prized Possessions

If you will be moving certain items that are very expensive or very important, then you will want to handle those items yourself or have them well insured. Do not leave your most important items up to chance. 

Transportation insurance is a great safety net to have for your family during a move. To learn more contact Martin Insurance Team serving Evergreen Park, IL.