Personal Insurance Information
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Reports indicate that upwards of one out of every four Arizona residents are uninsured. With over 6.5 million residents, this indicates that many automobile owners, homeowners, and the general population are living life without personal insurance. Amongst the most valuable forms of risk management, any risk that can be measured can potentially be insured. Phillips Law Group believes in the prospective power of personal insurance and the importance it holds to Arizona residents of all kinds.
Regardless of the specific type of general personal insurance, the unpredictable factors in life are too enormous for an individual to neglect to acquire the security that comes with some form of personal protection.
Phillips Law Group has provided a breakdown below of the most common types of general personal insurance:
In the event of a motor vehicle accident, automobile insurance protects the policyholder against monetary damage due to a collision involving their vehicle. Generally, coverage includes but is not limited to: liability coverage, medical coverage, and property coverage. In this regard, drivers are protected in the case of legal responsibility for property damage or bodily injury, medical bills and lost wages, and damages to the vehicle itself.
Also referred to as catastrophic risk insurance, this type of personal insurance protects Arizona residents in the event of a significant disaster. In this case, individuals receive compensation for damages endured during these calamities. Some of the most common forms are earthquake insurance, natural disaster insurance, and tsunami insurance.
Covering the cost of medical treatment, health insurance is sometimes referred to as health care coverage, health coverage, and/or health benefits. This type of personal insurance is viewed by many as an essential form of protection. In 2010, 49.9 million people in the U.S. were uninsured. Statistically, those who are uninsured have a lower household income and are noncitizens.
Owning a home is an incredible accomplishment. However, homeowners insurance is important for Arizona residents looking to protect their house and the contents within it. Typically, homeowners insurance coverage is for the structure of the home, the contents inside, and any injury suffered by those people on the property itself.
Life insurance is most commonly either universal life insurance or whole life insurance. These policies give a financial benefit to a deceased’s family or other chosen beneficiary. Universal life insurance protects others in the case of death of the policyholder. Typically, universal life integrates flexibility in coverage. Whole life insurance guarantees a policy value for the life of the individual if the premiums are continually paid.
Long-Term Care Insurance
Not limited by a predetermined period, long-term care insurance provides protection for the cost of coverage for things not covered by Medicare, Medicaid, or health insurance. Typical long-term care services include but are not limited to: nursing facilities, assisted living homes, hospice care, and adult daycare, in the community or at-home care.
Due to the immense amount of risk associated with daily life, maintaining an adequate level of personal protection is important for both the policyholder and their loved ones. Personal insurance is amongst the most valuable ways to safeguard yourself, your family, and your property.
By transferring personal risk to insurance companies, policyholders are able to achieve a level of comfort in knowing that they are protected and secure in the event of an emergency or unexpected event. Financial stability is reliant on sufficient personal insurance.
Phillips Law Group prides itself on a knowledgeable, experienced staff. Covering regions from Phoenix to Tucson, we are Arizona’s law firm.
For more information about individual insurance inquiries, complete a Free Case Review form today.
Liz Gonzales was great!!!!
A friend of mine recommended Phillips Law and I’m so grateful, because they were so wonderful, so down to earth, so professional. I felt like they were family.
Kathy Hudson and Donato Giovanatto. Continues to go above and beyond the call of duty. Reaching out to the insurance company about the damage to the vehicle. Forcing them to take responsibility.
Phillips is the best!! Love all that they do to give back to the community and how much they help those who are experiencing homelessness. ❤️
Phillips law group is a great firm! Caroline is great.
I would have no hesitation at all recommending Phillips Law Group. In particular, Juan Roque has impressed me with his professionalism, his integrity and his heart for the community!
PLG is the best! Highly recommend. Love that they do so much to help the community.
I was recently served court documents that I was being sued from an accident that happened years ago. For someone who has never been through something like this and not familiar with the court lingo or where to even begin, it was very frustrating and stressful. I reached out to a family member who knew Tracy Laskos and the great reputation of Phillips Law Group and within the hours of the initial call for help, I had a direct number to Lead Attorney Nassar. Nassar heard my case and almost instantly put me at ease by explaining the process and how easy it was to handle. Nassar spoke to me like he was a friend, not like I was a client. I am so grateful to Tracy, Nasar and of course my cousin Stephanie for helping out and giving me the direction that I needed to get through this situation. I plan on referring my friends, family and patients that are in need of a personal injury Attorney to Phillips Law Group. Thank you!!
Jasmine helped me so so much I want to thank her ! And also Aaron , i was always scared after an accident , knowing I would have to deal with lawyers but not here . Luckily I’ve only been in 3 accidents but this time it was fast and easy . And i received all the treatments I needed to help me recover ! Thank you Jasmine and Aaron!
I want to thank attorneys Tim and Robert and the paralegal Bethany for all they had done on my case. They were all empathetic, knowledgeable and professional. All my questions were answered, emails returned in a timely matter, and promises fulfilled. I recommend Phillips Law Group if you need help with your injury case.