Is There More Than One Kind Of Life Insurance?

Life insurance is like toothpaste. It comes in many varieties. The different kinds of insurance work best for certain purposes. To have the best coverage they can be combined as a package of protection designed to meet one’s life goals.

There is no need to try to attempt complex life insurance decision-making alone. Consult with an expert agent at Cordell Insurance, serving Baton Rouge, LA, and the surrounding areas, to learn more about the variety of life insurance products and the benefits they have for protecting you and your family.

Here are some basic life insurance choices and a brief description of what they represent:

Term Life Insurance

Term life insurance provides a death benefit for a certain period while the policy is in force. It does not build up any cash value. It is most useful for low-cost coverage to have peace of mind that protects your loved ones if something bad happens to you unexpectedly.

Permanent Life Insurance

Permanent life insurance is designed to last the entire life of a person. It can have a flat monthly premium that starts when young and the premium amount never changes over a person’s life, which makes it easy to pay for.

Whole Life Insurance

Whole life insurance builds up a cash value over time. Part of the premium pays for the death benefit and a portion is used as a cash value investment to create an asset that can be borrowed against in the future.

Universal Life Insurance

Universal life insurance has a cash value and also has investment characteristics because a policyholder gets to select whether it has a fixed interest rate or a variable interest rate and makes an allocation of the equities that will be invested in with a part of the premium funds.


There are many other options to consider that deserve an in-depth discussion with your agent at Cordell Insurance in Baton Rouge, LA. Contact us today to get a quote for all of your life insurance needs.

Boat Ownership: A Simpler Approach For Insurance Planning

Boat ownership can be such a nice way to enjoy the waters with others.  The crystal blue waters with amazing scenic views are incredible to see and those who enjoy boat outings can appreciate this type of recreation.  Preparing to own a boat can be a simple process if you know some of the tips involved.  Serving the Baton Rouge, LA area, Cordell Insurance is experienced helping owners with boat insurance.  The friendly staff is known for good quality service and can show you a simpler approach for insurance planning.

Loading the boat from the waters gets easier and knowing how to pack everything in the storage areas is one consideration.  When considering the boat purchase, you might check out the storage areas and make sure there is adequate room for keeping your water sports gear, food, safety equipment, and any other items you may choose to take with you.  Depending on the amount of time out on the waters, you could understand how much food to take and the best ways to plan for your trip.  Other items such as towels are good to organize for the boat outing.

Be sure to call Cordell Insurance for your boat insurance needs or check the company’s website for more information.  The staff is available to answer your questions.  A good insurance company serving the Baton Rouge, LA area can simplify the process and make planning easier for owning a boat.  Planning ahead can make it easier to prepare for the trip and clean up following your recreation outing.  Boat ownership is just a few steps away with a simpler approach for insurance planning and enjoying outdoor recreation can be a nice way to be thankful for the beauty of the locations you choose.


Tips for RV Traveling Alone

If you have finally made the decision to solo travel, congratulations! Your trip will be an adventure and it’s a great time to meet new people and experience new places outside of Baton Rouge, LA. There are actually more solo RVer’s than many people realize, so if you’ve been hesitant about traveling by RV alone-don’t let the fear prevent you from living the dream. One of the main concerns many people have about traveling alone is safety, so to help put your mind at ease, here are a few tops to ensure your safety when traveling alone.

Research the RV Lifestyle

If you’ve never traveled by RV, either solo or with others, it’s important to understand the RV lifestyle. For instance, you’ll need to know how to pack for your trip, where the best campgrounds are and most importantly how to drive and park your RV. There is tons of information available online for solo RV travelers, so spend some time researching the RV lifestyle.

Have a Reliable RV

There is nothing that is going to ruin your trip quicker than a broken-down RV, so plan ahead. Be sure to take the RV in for service a few days before you’re scheduled to leave. While at the service center, talk with the mechanic about how to check the fluids, the air pressure in the tires and what noises to be on the alert for that may indicate a problem with the motor.

Stay Safe

You will meet a lot of people while on your travels, but it is important to use caution when traveling alone. Do not hesitate to talk to people, but be careful about what information you provide. For instance, don’t advertise that you are traveling alone, lock your doors and windows at night and trust your instincts.

Before you hit the road don’t forget to contact Cordell Insurance to make sure all of your insurance policies are up to date. Be sure to make photocopies of your driver’s license, insurance policies, and your itinerary to leave with a family member or friend while you’re away.

Residents of Baton Rouge, LA interested in learning more information about insurance policies for their RV should contact Cordell Insurance.

Umbrella Insurance – A General Overview For Louisiana Residents

Baton Rouge, LA Home of Cordell Insurance

Umbrella insurance is an insurance product that comes in handy just in the nick of time much like a real-life umbrella is used for rain. It’s great to have. Even though you wouldn’t mind if you never used it.

Umbrella insurance companies generally is an extension of an existing policy that covers amounts that exceed a standard insurance policy limit.  Because we get a lot of rain and hurricanes in this area having added umbrella insurance as an extension of your home insurance may be a great idea. If you suffer tremendous loss as a result of any event, umbrella insurance will open up just like a huge and colorful umbrella to make that rainy day just that much sunnier.

If there were a hurricane and there was damage suffered as a result, the umbrella insurance policy would pay over what your standard insurance policy would pay. If the damage was the result of some other weather factor aside from a flood, it would cover the loss. Umbrella insurance by definition covers just about anything that can happen. Speak with an agent today to find out If this is something you should add to your insurance products.

Umbrella insurance can be added to other types of insurance products as well. Personal insurance, as well as commercial insurance products, have standard limits that are set. An umbrella policy can help cover liability that may be incurred. The goal is to protect your personal assets. An agent will be able to tell you where it would be used most effectively.  

Located in Baton Rouge, LA. Call us at Cordell Insurance – 225-767-8840.  Serving the greater Baton Rouge area we can use our decades of experience to help you have a great experience with your insurance company.

Flooding and Water Damage

Flooding can be a serious issue in Baton Rouge, LA., especially during hurricane season. From heavy rainfall to overflowing riverbeds, this area is susceptible to flooding. 

The results of a flood can be devastating. Water does a lot of damage. It enters every crack and crevice and creates a big, soppy mess. The result of a flood is often ruined flooring, destroyed furniture, structural damage, and other water damage. Besides your valuables, you may also lose sentimental belongings, such as family photos, awards, or something passed down along the generations. Unfortunately, water restoration services are expensive and without a flood insurance policy in place, you’ll be left to clean up the wreckage out of your own pocket. 

If you experience flooding, you’ll need to act fast. The longer you wait, the more damage the water will do. It’s recommended to have a cleanup crew at the location within 24 hours because standing water is a breeding ground for bacteria, pathogens, and mold. In just 24 hours after a flood, toxic mold can begin to grow, putting you and your entire family at risk. 

Get a Flood Insurance Policy

When you have flood insurance in Baton Rouge, LA, you will have peace of mind knowing that if something were to happen – whether a hurricane or tropical storm strikes and flooding occurs – you are protected. At Cordell Insurance, our friendly agents will help you find the right flood insurance policy and help you save money, too. We’ll look at the amount of flood insurance you need, compare quotes, and talk about bundling all of your insurance policies under one company to save you money on your premiums. To reach a team member at Cordell Insurance, call us today at 225-767-8840.

5 Reasons to Buy Life Insurance Now

.When you’re young, life seems like a neverending adventure. However, accidents and misfortune aren’t limited to the well established. Here are some important reasons why young people need life insurance policies too.

  • You own a business. Life insurance isn’t just for your dependents. If you aren’t able to fulfill your business obligations, your partners suffer too. A business life insurance policy ensures your colleagues can continue operations if you aren’t able to work. These policies can also be instrumental in convincing investors to see you as an acceptable risk.
  • You’re married. Even without minor dependents, your family relies on your financial support. Make sure your spouse can handle all of your joint obligations by providing them with a sufficient life insurance policy.
  • You like high-adrenaline sports. Snowboarding, racing, and other dangerous sports make it more likely that you’ll end up in a catastrophic accident. With a life insurance policy, you won’t have to worry about leaving behind big medical bills for others.
  • You travel frequently. Life insurance payouts can be used for funeral services too. If you get in an accident while you’re overseas, those funds can be used to help transport your remains back home for a proper burial.
  • You have goals. What do you want from your life? A whole life insurance policy provides a cash reserve that can be used to fund your dreams. Over time, your policy could accumulate enough cash value to help you buy a home, pay for your education, or fund an epic trip around the world.

Life insurance is a vital part of any long-term financial plan. Talk to the experts at Cordell Insurance in the Baton Rouge, LA area for more information on protecting yourself and your loved ones with insurance coverage.

The Facts About Boat Insurance

Going to take the boat out this weekend? Feel safe and secure once you have boat insurance. You will be able to take the boat out whenever it is convenient when you’re covered. The Cordell Insurance independent insurance agents in Baton Rouge, LA are available to help you secure your future with boat insurance.

What is Boat Insurance?

Boat insurance gives you coverage if anything were to happen to your boat. Most personal watercraft are included under boat insurance. These crafts include fishing boats, kayaks, pontoons, yachts, and paddle boats. Depending on your type of coverage, your homeowner’s insurance offers a limited amount of coverage for your watercraft.

Types of Boat Insurance Coverage

  • Property damage liability – if you cause any type of damage to someone’s property, such as their dock or boat.
  • Bodily injury liability – if you cause injury to someone’s body resulting in financial costs. For example, a person receives medical attention because of your negligence, their medical bills would be covered under this policy.
  • Collision – covers the cost for repairs or replacement of your boat if it is in an accident.
  • Comprehensive coverage – if your boat is damaged not caused by a collision, such as vandalism or theft.

Options for Additional Coverage

You can add other forms of insurance to your boating policy. Additional coverage could include but is not limited to personal property, roadside assistance, fishing equipment, and medical payments. You can also add uninsured or underinsured boaters insurance in case you are in an accident with someone who has no insurance or not enough insurance.

Stop by your local independent insurance agents in Baton Rouge, LA at Cordell Insurance to get information about boat insurance. You can also ask about home, auto, and life insurance while you’re there.

Making the Most of RV Ownership

Owning an RV is very different from simply owning a vehicle. This means that the insurance for an RV is very different too. To make the most of your RV ownership, it is important to make sure that your RV is well protected. Here are a few tips that will help you make the most of your RV. 

RV Insurance

In order to get the most enjoyment out of your RV, you will want to be well insured. RV insurance can vary greatly from that of auto insurance, and it also varies from home insurance. Even if your RV is your home, you will want to thoroughly research your insurance options. Deciding which type of insurance you need, will depend on which type of RV you have. 


Motorhomes, which are RVs you actually drive, are required to have at least your state’s minimum auto liability coverage. However, it is always a good idea to have full coverage in order to protect your investment and to protect your own financial security in the event that you also are injured in an accident.  Although it might be possible in your state to drive your motorhome with just an auto policy, you should consider that while you are driving your RV you will likely have belongings with you. Auto insurance will not cover these items in the event of a loss. RV insurance, however, will.

Full Time vs Part Time

The next thing you should consider is how often you use the RV. If your RV is your home, then you will definitely want full-time coverage. This will cover you all year long. However, if you only need coverage for part of the year, then you will want to go with part-time coverage. This type of policy will not be as expensive but still provides what you need. 
If you would like to learn more about RV insurance, please call our friendly staff at Cordell Insurance in Baton Rouge, LA. 

Why every Baton Rouge, LA business needs umbrella insurance

No matter how big or small your business may be, it is important that you have a comprehensive umbrella policy in order to protect your interests. Commercial insurance offers the protection that you need in the event that your business suffers a loss that affects your cash flow or your ability to continue serving the needs of your customers or clients. With your base policy, you may still be vulnerable to financial responsibility in the event that your claim exceeds the maximum coverage amount of your primary policy.

The team at Cordell Insurance is proud to serve the insurance needs of the Baton Rouge, LA area business community and ensure that their business and commercial clients have appropriate protection.

3 Top Reasons to Secure Umbrella Insurance for your Company

  • Policy limits – every insurance policy has upward limits to the amount of coverage that they will provide. It is highly likely that your business assets may exceed these limits. When you consider coverage for business interruption or damage or loss to your inventory and equipment, the $250,000 average limit can be reached quite easily.
  • Increased liability coverage – a significant liability case against your business could mean financial ruin for both your business and your personal portfolio. With a supplemental umbrella policy, you can have coverage that provides adequate in the event of an accident or incident.
  • Peace of mind – owning a business is stressful enough without worrying about exceeding your coverage limits. A comprehensive umbrella policy gives you the comfort you need.

Interested in learning more about how a comprehensive umbrella insurance policy can help protect your Baton Rouge, LA area business? Call or stop by Cordell Insurance and our professional agents can review the available umbrella policy options with you.

Is Flood Insurance Required in Louisiana?

There is a rumor that those living in Louisiana can bypass flood insurance and rely on their home indemnity policy alone to get them through the challenges that inclement weather brings. Such a notion is nothing short of a fallacy.

Flood Insurance Is A Necessity

There is no official state law that requires all individuals living in Louisiana to obtain flood insurance. Congress, however, has mandated that all lenders with mortgaged properties in high-risk areas require borrowers of said homes and commercial spaces to obtain flood insurance policies. Baton Rouge, LA is definitely a high-risk area, thanks to Hurricane Katrina and other storms that ravaged the city in past times.

Homeowner’s Insurance Is Not Enough

The average person, unfortunately, believes that their home indemnity plan is enough to keep them covered in a storm that leads to flooding. The reality, however, is that a standard home insurance plan does not pay for damages caused by flooding or any other natural disaster. You may find yourself out of thousands if your home suffers flood damage while you lack the proper indemnity plan.

How Much Does Flood Insurance Cost?

You can pay as little as $200 per year for flood insurance or as much as $1,000 annually for a plan. The amount of your premium mainly depends on the probability of your home falling prey to a flood as well as your desired level of protection. An agent from Cordell Insurance can help you find a policy that best suits your needs and budget.

There are times when taking risks is a good thing. Such is not the case when it comes to flood insurance. You need a plan that fits your lifestyle in Baton Rouge, LA. An agent from Cordell Insurance can help.