We are all responsible for protecting our financial assets so that we can live comfortably within our means. As time goes by, we also look to our financial future, and our thoughts turn to protecting and increasing our financial assets. If you live in the Oklahoma City, OK, area and want to discuss your financial assets, our staff at Freeland Insurance looks forward to discussing your financial options with you. We have been protecting clients’ financial assets in your area since 2006.

What is the Financial Services Sector

Our company is called Freeland Insurance, but insurance is only one of the many ways that we can help you protect your financial assets. The financial services sector covers businesses that provide economic security (such as banks), brokerages, loan companies, and credit card companies. Companies and their staff perform financial services, while financial instruments are the methods by which those services are delivered to those who need them. These services are offered to individuals and corporations.

According to Investopedia, the International Monetary Fund is the international overseer of the millions of daily individual transactions between buyers and sellers. These millions of transactions – in all their forms – are components of the financial services sector. The Freeland Insurance Group can help you navigate the many types of financial transactions that may benefit you and your family’s financial future.

Call Us Today for Your Appointment

Whether you need financial advice or want to discuss customized insurance policies for life, health, and auto, our agents at Freeland Insurance can help present you with all available options. Our years of insurance and financial experience have prepared us for whatever you may need. Clients in the Oklahoma City, OK, area can feel confident when they place their financial or insurance needs in our hands. Call us for an appointment today.

Choosing between company health insurance and personal health insurance depends on your situation. Company health insurance, or group health insurance, is a policy an employer provides to its employees. This type of coverage typically comes at a lower cost than personal health insurance because the employer shares the cost of premiums with the employees. Additionally, since the insurer covers a large group of people, premiums tend to be lower than individual plans. Group health insurance is often comprehensive, including coverage for medical care, prescription drugs, dental, and vision benefits.

Employees generally have access to a set of pre-negotiated plan options, allowing them to select the coverage that best suits their needs. Many companies around Oklahoma City, OK also offer supplemental benefits, such as wellness programs, which can enhance the value of the coverage. The downside, however, is that employees have limited control over the selection of insurers and the details of the plan.

Understanding Personal Health Insurance

Personal health insurance is purchased individually and is not tied to employment. This option gives you more freedom to choose your insurer and the specific coverage options that meet your personal or family needs. Self-employed individuals between jobs or whose employers do not offer health insurance often turn to personal health insurance plans.

While personal health insurance offers flexibility, it usually comes at a higher cost because no employer can share the premium burden. Moreover, the plans can be less comprehensive than company-provided policies, and you are solely responsible for managing and paying for the coverage.

Freeland Insurance For Better Understanding of Insurance

Freeland Insurance offers all of the information you need to get insurance. Our agency serves locations in and near Oklahoma City, OK. Call today.

When planning for your future, it may not be pleasant to think about how you will pass away someday. However, thinking about it can lead to thoughts of how to provide for the needs of those you leave behind. If you live near Oklahoma City, OK, you can learn more about life insurance at Freeland Insurance.

If you want to be sure the funds from your insurance policy are distributed as you choose, let your beneficiary know they are named on your policy. To ensure the beneficiary will be contacted after your death, update their address with the insurance company, if necessary. If a beneficiary passes away before you, choose another beneficiary as soon as possible.

Unclaimed Life Insurance Benefits

According to the Oklahoma Insurance Department, they become aware of millions of dollars in life insurance benefits that remain unclaimed yearly. The NAIC National Association of Insurance Commissioners) has established the Life Insurance Policy Locator. That program assists the State of Oklahoma in locating the recipients of these funds. 

Since 2019, the Policy Locator has located and awarded funds of over $94,700,000 to over 4,800 beneficiaries. The Locator is a free online service offered by the Oklahoma Department of Insurance. If you believe you may be entitled to unclaimed insurance benefit funds, you can do so via the Oklahoma Department of Insurance website.

Call Freeland Insurance for Oklahoma Life Insurance Options

Choosing a life insurance plan isn’t always easy. At Freeland Insurance, we’ll take the time to explain your policy options and help you make decisions about beneficiaries. Oklahoma City, OK, residents can trust us to offer them the best possible coverage at a premium price that most can afford. Call us for an appointment today, and let’s talk about insurance.

Acquiring commercial coverage will protect your franchise from accidental damage and theft. The coverage will also protect you if you are held responsible for an accident at your business.

The Building

Schedule an appointment to have your franchise inspected. The condition of the building that you own will help to determine the overall value of your business.

During an inspection, you will be advised about necessary repairs. Keeping your franchise in the best possible condition will minimize the risk of damage, theft, or injuries at your place of business.

An Inventory

Inventory the furnishings, electronics, and other items you use during normal business operations. It can be beneficial to have a list you can review on your own time.

Once you have taken an inventory, decide which items you want to add to your commercial insurance policy. Valuable items should be considered a priority, and each should be listed in your commercial insurance policy.

Risk Factors

If your building is not secure, your place of business is at risk of being broken into. Identify any risk factors which may necessitate the installation of security equipment.

Assess the location of your franchise as well. If your business is located in a high-traffic area, you may consider acquiring substantial commercial insurance coverage.

More Help

Now that you have reviewed some insurance guidelines, please schedule a consultation with one of our Oklahoma City, OK agents. An agent representing Freeland Insurance will prepare insurance documents for your new franchise.

As a financial services professional, you shoulder an enormous responsibility. Offering your clients security, value, and peace of mind is crucial. Equally crucial is protecting yourself while doing so, which is where financial services insurance becomes invaluable. If you’re operating in the Oklahoma City, OK area, our team at Freeland Insurance can assist in securing a policy that addresses your needs and provides optimal coverage for your company.

As you explore options, consider asking these four important questions:

• Is this insurance necessary for all financial service professionals?
• What kinds of policy options are available?
• How frequently should a policy be updated?
• Who can address my inquiries or concerns?

These questions provide a good starting point for learning about insurance options for financial services professionals. Remaining insured and protected is invaluable and brings peace of mind, allowing you to concentrate on assisting your clients on their financial journeys.

Working with our committed agents is ideal when you need answers and want to pick or update a policy. Whether you have just embarked on your career in the financial services sector or have been in the game for a while, securing a reliable insurance policy is of utmost importance.

You don’t have to pick a plan and hope it fits your needs. We can guide you by providing quotes from multiple insurers and helping you choose the best option.

If you’re in the Oklahoma City, OK, area and seeking financial services insurance, contact Freeland Insurance today. We’re committed to ensuring you’re well-protected and enjoy peace of mind.

The Importance of Robust Liability Coverage with Umbrella Insurance

Residents and businesses in Oklahoma City, OK need robust liability coverage to protect against potential financial and legal issues. Our team at Freeland Insurance is here to help you find suitable umbrella insurance policies and guide you in making informed decisions to minimize risk.

Why You Need Umbrella Insurance

Addressing your company’s liability is crucial, especially if your operation involves hazardous work fields. An umbrella insurance policy can offer an additional layer of liability protection and safeguard from the following:

• Additional liability concerns: Your other coverage might not cover everything, but umbrella insurance fills in the gaps.
• Lawsuits: Regardless of the nature of lawsuits, you’re likely to need umbrella protection to cover any incurred fees.
• High medical payments: If an injured person’s medical expenses are mounting, umbrella insurance can aid your business.
• Property Damage Costs: Excessive property damage caused by your business or actions is less daunting with an umbrella policy that covers replacement costs.
• Class Action Lawsuits: Large-scale class action lawsuits could threaten your financial health without the proper liability protection offered by umbrella insurance.

Note: For an umbrella insurance policy to take effect, it must be purchased separately; it doesn’t simply add on to your current policy but stands as its own form of coverage.

Freeland Insurance is Here for You

If you’re a resident of Oklahoma City, OK, and need umbrella insurance for your home or business, contact us at Freeland Insurance today to learn more about your options. We have years of experience in this field and will do everything possible to provide the support you need to protect yourself from lawsuits.