Services
Information in this web site is for illustrative purposes only and is not intended as an offer, recommendation, or contract of insurance. Insurance terms, descriptions of coverage, and other insurance information are not meant to be complete. Your specific coverage is only described in your policy. You should contact a Purmort & Martin Insurance Agency to discuss your particular coverage and insurance needs.
Personal Insurance
AUTOMOBILE COVERAGES
Bodily Injury Liability
Property Damage Liability
Comprehensive
Collision
Uninsured Motorist
Medical Payments
Personal Injury Protection
Rental Reimbursement
Towing & Labor
Classic & Collector Cars
Motorcycles
Motor Homes
HOMEOWNER COVERAGES
Building Coverages
Medical Payments
Loss of Use/Additional Living Expense
Other Structures
Personal Property
Personal Liability
MISCELLANOUS COVERAGES
Flood
Jewelry Floater
Life Insurance
Personal Property Floater
Personal Umbrella
Watercraft
Commercial Insurance
Purchasing business insurance should not be complex, but should reflect the needs of your company.
The following is a list of the most widely used business policies. Consult your Purmort & Martin Agent for an exposure analysis to determine the appropriate coverage's for your business.
Commercial General Liability
Inland Marine
Property
Professional Liability
Business Auto
Directors and Officers Liability
Commercial Excess/Umbrella
Employment Practices Liability
Workers Compensation
Bonds
Flood
Life Insurance
The lifestyle that you and your family enjoy in the future is up to you and will certainly depend on how you plan for it. At Purmort & Martin Insurance Agency, our professionals will work with you to take some of the guesswork out of the process of determining the best protection to maintain the lifestyle that your family is accustom to.
Life Insurance is a complex financial tool that is designed to provide an amount of cash for your family or others upon your death. With a variety of options available, you are faced with a number of decisions.
• How much will I need?
• How long will I need it?
• What type of policy do I need?
Every situation is unique. With Purmort & Martin your needs, comfort level, and what you can afford all will be taken into consideration. If your concerns are about your family's financial security, your child's education, your retirement or estate preservation, your Purmort Life Insurance Specialist will be happy to create the right solution for you. Choose from the following Life Insurance plans:
WHOLE LIFE INSURANCE
Whole life insurance provides death protection for the insured's entire life. Typically the policy owner would pay the same premium for as long as the insured lives. Premiums can be several times higher than you would pay initially for the same amount of term insurance.
Although you pay a higher premium initially for whole life than for term insurance, whole life policies develop cash values that may be available to the policy owner
UNIVERSAL LIFE INSURANCE
Universal Life has several unique features not found in whole life policies. Specifically, the policy owner is provided with the flexibility to vary the timing and amount of premiums. Cash values are function of past and present premium payments, interest crediting rate mortality charges and expense charges. The interest rate credited to the policy cash value is based on current rates of interest, subject to a stated guaranteed minimum interest rate.
In addition, current mortality and expense charges are deducted from the accumulation value, but the only guarantee is that these charges will not exceed certain maximums. As a result, the policy owner bears more of the risk of adverse trends in mortality and expenses than if a traditional whole life insurance policy were purchased. On the other hand, if the insurance company’s mortality costs and expenses improve, the policy owner may benefit through lower charges.
TERM LIFE INSURANCE
Term insurance provides death benefit protection for a term of one or more years. Death benefits are paid only if the insured dies within the specified term of years.