Life insurance is more important than most people realize. It provides security for your loved ones financially when you pass away. They will then have the space to grieve your death without the financial stress that may come with it and the life insurance agents at Colling Insurance Services Inc in Lakewood, CO are prepared to answer any questions you have about life insurance policies.

The Importance of a Life Insurance Policy

Life insurance is a very important type of policy to have as it protects your loved ones in the event of your death. It will also give you a sense of peace and comfort in knowing your loved ones will have financial stability when you pass away.

Types of Life Insurance Policies

There are three main types of life insurance policies.

Term Life Insurance

A term life insurance policy is more strict in the fact that you only have the coverage during the term in which the policy is active. Once the term expires, you will need to purchase another term and your premiums may increase. It is a simple type of life insurance that you get to choose the amount in which the term lasts, from one year to 30 or more years.

Universal Life Insurance

Universal life insurance is a very popular type of policy since you can borrow from the policy while you are still alive. This allows you to pay off major bills before you pass away, such as your mortgage and credit cards, so that your loved ones are provided for in the event of your untimely death.

Whole Life Insurance

There are three types of whole life insurance policies you can choose from, including universal life, variable universal life, and traditional whole life. Any of these three types are considered permanent life insurance and will pay out a death benefit when you pass away.

To obtain a quote and to decide upon which type of life insurance will work best for you and your loved ones, contact the trusted and experienced life insurance agents at Colling Insurance Services Inc in Lakewood, CO today!

People that are in the Lakewood, CO area will always have various insurance needs. One type of coverage and protection all people here need to have is health coverage. Those that do reside in this area of the country will need to have this health insurance coverage for multiple important reasons. 

Having Access to Affordable Care

A primary reason that all people should maintain a health insurance plan is so they can have access to affordable care. When you do get health insurance, you will have access to doctors, physicians, specialists, and other healthcare professionals at a much reduced rate. Further, you will have access to medication and other services and reduced rates as well. If you do incur a significant medical expense throughout the year, there are typically out-of-pocket caps that you can hit to further reduce your bill while receiving necessary care and attention. 

Maintaining Coverage Will Meet Legal Requirement

The primary reason people in this area of Colorado should get this coverage is to ensure they have access to affordable care. However, having health insurance is also a legal requirement today. For several years, all people have been required to maintain this insurance. If you are not able to provide evidence of coverage when filing your income taxes, you could be assessed a fee at the end of the year. 

Those that are in the Lakewood, CO area will always want to ensure that they have proper health insurance in place. When you are looking to get a health insurance plan in this area, it would be a good idea to call Colling Insurance Services Inc. The team with Colling Insurance Services Inc. can help you build a plan that will ensure you remain properly protected and supported. 

Colling Insurance Services Inc. offers coverage to the Lakewood, CO community. We recognize that each of our clients have unique needs. That’s why we work closely to find custom policies. We want our clients to be protected in any situation.

Dental Insurance Variables

You strive to live a healthy lifestyle so that you can make the most of your experience as a Lakewood, CO resident. Part of having a healthy lifestyle is taking care of your teeth. Dental insurance covers your treatment. You are protected for preventative care visits every year, as well as emergency visits. This includes teeth cleaning and x-rays. While researching dental insurance policies, consider these variables.

Research your policy carefully to see which treatments are automatically covered and whether you may need to amend your policy. In some cases, dental insurance will cover you if you need your teeth pulled. However, you may need extra coverage if you plan to undergo a root canal.

Think about whether you will be assigned a network. It’s possible that your dental insurance policy will assign you to a network where you are allowed to receive treatment. If you choose to see a dentist outside the network, things may become complicated. You may have to inquire about an alternative policy.  Some policies allow you to stay protected even when you are traveling. If you are having a bad toothache on vacation, you are covered if you need to go to the local emergency and receive treatment. Dental insurance policies have flexible treatment options.

Colling Insurance Services Inc. Will Help You Find The Right Policy

Visit our website to learn more information about dental insurance.

Those that reside in the Lakewood, CO area will find there are always a lot of fun things that can be done in the great outdoors. A way anyone can maximize their experience in this area of the state is by getting their own recreational toy and asset. While these assets can provide a lot of fun and adventure, they are also important assets that you need to protect with insurance. A toy insurance plan here should be considered a necessity for a few reasons. 

Coverage Protects Your Asset

An important reason to always have a toy insurance plan is that it will protect your asset. If you are going to purchase a recreational toy, you will want to make sure you can use it regularly for a long time. A great way to ensure this happens is by getting insurance. A proper plan will give any coverage needed to repair or even replace the asset. 

Liability Mitigation

As you are going to use a recreational toy of any kind, it is important to remember that you are taking on liability risk. If you happen to cause any type of accident, you could be held liable for various damages. As these damages can be significant, finding a way to mitigate the risk is important. With liability insurance through your toy insurance plan, you can offset this risk. 

As you are looking for a toy insurance plan in the Lakewood, CO area, you will find that there are plenty of decisions that need to be made. Due to the importance of this type of coverage, calling Colling Insurance Services Inc. for support is a great idea. The team with Colling Insurance Services Inc. can help you choose an insurance plan that will provide proper support for both yourself and your recreational toy. 

Whether you purchased a brand new RV or a fixer-upper, eventually you will upgrade or update the interior. Another area of upgrade is your engine and electrical.

When you make these upgrades, you also need to update your RV insurance. You purchase a policy that insures your vehicle at a specific value. When you renovate your RV, you raise its value. Your insurance, until you update it, still reflects the original purchase value.

The process of updating proves pretty simple. You call or email Colling Insurance Services Inc. serving Lakewood, CO to discuss your upgrades. We may be able to view the updates via a Zoom call or another video service or we might need to visit the RV to see the updates in person.

Your insurance agent will calculate a new premium for you based on your updated value. You begin benefitting from your upgraded policy as soon as you switch from the old premium payment to the new one.

So, what qualifies as an upgrade? Many items qualify. It could be as simple as painting your interior or replacing its furniture. Purchasing new appliances for it also qualifies. You might wallpaper the interior or update the bathroom with new faucets.
If you switch your RV from using propane to solar, you need to update your insurance policy. Also, upgrading your mechanical systems can cause you to need an RV insurance update. Improving the suspension with SumoSprings, adding a steering stabilizer, or choosing a new motor raises the value of your RV. So does upgrading the air conditioning or heaters.

Contact Colling Insurance Services Inc. serving Lakewood, CO before you make your upgrades to learn how they will affect your insurance or after you made them to quickly update your insurance. In your bid to make your RV a rolling luxury palace, don’t forget to upgrade the insurance to protect your investment.

If you purchased a boat recently in Lakewood, CO, you could attest that it’s an expensive investment that you ought to care of as you do to yourself. Unfortunately, perils like accidents, theft, fire, and many others are never far from your boat. If any of these mischances arises, you incur costs that you were not ready to bear. 

However, with a boat insurance policy from Colling Insurance Services Inc., you are well-covered. Here are reasons why investing in boat insurance is a no-brainer.

It may be required 

If you are interested in purchasing a personal boat but have no financial capacity to do so, you can approach a bank and ask them to finance you. Most of them will be ready to help you but under one condition — that you must obtain boat insurance coverage. 

They want to be sure the boat will be compensated in case of damages.

Liability coverage

Just as cars encounter crushes on the highways, boats also face perils in water. In unfortunate instances, your boat could crush another boat causing damages and maybe injuries. If you are the one at fault, you are held liable for the losses. Thankfully, your boat insurance comes to your rescue, protecting your finances.

Medical payments

If you or your passengers suffer injuries in a boating accident, boat insurance helps cover the resulting medical costs. Besides, it covers partial loss of income if you can’t work due to injuries. 

Protects your boat

Assume an accident, theft, or fire-ravaged your boat? This mishap would be a huge setback, especially if boating is your prime activity. However, when covered with boat insurance, your boat will be repaired or replaced without touching your pocket

Buy boat insurance today!

Are you shopping for affordable boat insurance in Lakewood, CO? Please contact Colling Insurance Services Inc. to obtain your coverage today and be a happy boater. 

For those in and around Lakewood, CO, residents are going to have a few forms of insurance protection. Many of these, including auto or home policies, will include a provision for liability insurance. While you can receive some coverage with this insurance, it is not always enough. Due to this, having an additional umbrella insurance plan is a good idea. People here need to get an umbrella insurance plan for a few reasons.

Coverage for Significant Claims

A reason that you should get an umbrella insurance plan here is so you can get the coverage you need for significant claims. Your home and auto policies are going to have some liability coverage. However, the protection is limited to what your policy amount is. With a major claim that has a lot of damages, your liability could exceed the coverage. With an umbrella insurance plan, you are going to get additional coverage that will protect against larger claims. 

Coverage for Wider Range of Risks

You should also consider getting an umbrella insurance plan as it will give coverage for a wider range of risks. Most actual liability risks incurred by the typical person are covered by home or auto plans. However, there is always a risk that you could be named in a liability claim that is not covered. In these cases, umbrella insurance will provide support for otherwise uncovered situations. 

As you are looking to get proper liability insurance protection, getting an umbrella insurance plan is helpful. As you are looking for a new policy around Lakewood, CO, it would be wise to call Colling Insurance Services Inc. When picking a plan, there are a lot of choices that need to be made and Colling Insurance Services Inc. can help you assess your needs and build a proper umbrella insurance plan. 

Long-term care insurance offers a sense of security. Statistically speaking, it is likely you will need some sort of long-term care in your lifetime, 52% of people will. Long-term care involves different types of care. It can be assistance at home or in a facility. In Lakewood, CO, Colling Insurance Services Inc. will help you to customize your insurance coverage. We will work hard to provide you with all the information you need to make an educated decision.  

According to the National Institute on Aging long-term care provides services that meet a person’s personal or health care needs. It can be for a short period or a long time. The aim is to help people live as safely and independently as possible when they can’t perform ADLs (activities of daily living) on their own. Home-based care is the most common type. 

Determining who is a good candidate for long-term care insurance depends on several factors. The two most important factors are wealth and health. In order to get and benefit from a long-term care policy you need to be able to afford it, and you can’t have certain pre-existing conditions. There is a saying "your money pays for long-term care insurance, but it is your health that buys it". The best time to buy this insurance is between 60 and 65 years old 

Long-term care insurance is expensive, there is just no way around it and the cost will rise as you get older. Compared to the cost of long-term care, it is a lot less expensive. You need to apply for this insurance while you are still healthy. Almost any serious illness will disqualify you. 

Colling Insurance Services Inc. in Lakewood, CO has a team of experts who can guide you as long for long-term care insurance.  

Acquiring a Lakewood, CO life insurance policy is fundamental as it comes in handy when you have dependents, a business, or loans. However, determining how much insurance you need can be somewhat challenging, considering that life changes daily. 

Fortunately, there are many considerations you can make to determine the amount of life insurance you need. Some of these include:

Debts

Since a life insurance policy can be used to cover your outstanding debts (such as car loans, student loans, and mortgages), you should consider an insurance policy that includes enough coverage. 

For example, if you have a mortgage of say, $250,000 and a car loan of $4,000, you will need at least $254,000 in your policy.

Insuring others

You have very many important people in your life. It could be a spouse, children, or aging parents. How much do they need before they can support themselves financially? Figuring this enables you to determine how much life insurance you need. 

Income

Tax returns play a significant role in determining the amount of insurance you need. In this case, those who earn more need more coverage. Your Colling Insurance Services Inc. agent can assist you in managing your life insurance calculations. 

Savings

Taking a closer look at your current savings will be a bit easier to figure out the amount of insurance needed. In connection to this, if you have significant savings or investments that can cover your outstanding debts, burial and offer financial protection to your dependents, you will require less life insurance. 

The Bottom Line

A life insurance policy gives you peace of mind knowing that you and your beloved family are protected regardless of what happens. Consider the above factors when estimating your insurance need, and if you have questions, don’t hesitate to contact Colling Insurance Services Inc. of Lakewood, CO. 

While you might faithfully be exercising, getting adequate sleep, and taking healthy meals, diseases can still wreak havoc on our health. And if it’s not a disease, injuries can strike, leading to hospitalization. Because you can’t prevent illnesses and injuries 100 percent, you need health insurance to protect you when the unthinkable happens.

When you get health insurance from Colling Insurance Services Inc. of Lakewood CO, your medical costs are taken care of. You also prevent future illnesses by accessing preventive and routine healthcare, like vaccinations and periodic checkups. Now that you know the importance of health insurance, here are three facts you need to know before going ahead to purchase one.

Your doctor may not be covered

Various health insurance plans have varying health providers’ panel lists. As such, if you would like a specific doctor, check whether they are covered under the health insurance plan you have your eyes on. HMOs are the most limiting, restricting you to doctors within their network. PPOs give you the liberty to go outside their network, but at a higher fee.

Not all medications are covered

Just like doctors, not all treatment procedures and medications are covered in your health insurance plan. Most dental procedures aren’t covered by insurance. That said, you might want to buy a dental insurance cover for optimal dental care coverage. 

Alternative treatment procedures like acupuncture and chiropractic care may also not be covered by some health insurance plans. Be sure to check with your agent before you get a surprise after the procedure.

The lowest premium plan may not be the most affordable

With health insurance, there is a lot that determines the ultimate cost. Variables like deductibles, co-payments, and co-insurance payments can quickly add up, eating up any savings made in the monthly premium payments. 

Are you looking for health insurance coverage in Lakewood, CO? Please contact Colling Insurance Services Inc. today for all your health insurance solutions.