Frequently Asked Questions

How does the mortgage protection term insurance differ from other types of term life insurance?

The face amount under mortgage protection term insurance decreases over time, consistent with the projected annual decrease in the outstanding balance of a mortgage loan. Mortgage protection policies are generally available to cover a range of mortgage repayment periods, like 15, 20, 25 or 30 years. Although the face amount decreases over time, the premium is usually level in amount. Further, the premium payment period often is shorter than the maximum period of insurance coverage – for example, a 20-year mortgage protection policy might require that level premiums be paid over the first 17 years.

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Contact Information

Churchville location »
2907 Churchville Road, P. O. Box 70
Churchville, MD 21028
(800)519-8387

Elkton location »
211 West Main Street
Elkton, MD 21922
(800)519-8387

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FARM INSURANCE

As farm specialists in the Harford and Cecil County area, Lassen, Marine & Webster can assess your unique needs and risks to recommend the best insurance for you whether you’re running a large-scale operation or small family farm.


 

Traditionally known as scheduled personal property and other structures insurance, equipment insurance protects the equipment used to keep your farm operating, including tools, livestock, feeding tracks, irrigation systems, etc.

Your farm requires an abundance of equipment to keep it running smoothly. Equipment insurance, traditionally known as scheduled personal property and other structures insurance, covers anything from livestock to machinery. Scheduled personal property and other structures are insured against the following perils:

  • Fire
  • Lightning
  • Windstorm & hail
  • Theft
  • Smoke
  • Vandalism and malicious mischief
  • Collision explosion
  • Additional perils for livestock:
    • Attack by wild animals or dogs (sheep not included)
    • Accidental drowning
    • Accidental shooting
    • Electrocution

Scheduled Personal Property
  • Farm machinery
  • Irrigation equipment
  • Livestock
  • Protects newly acquired farm equipment for a certain period of time
  • Covers equipment/tools rented, borrowed or leased

Additional Structures
  • Barns
  • Silos
  • Portable buildings & structures
  • Fences
  • Corrals
  • Pens
  • Chutes
  • Feed tacks
  • Private power & light poles

Optional Coverages Include:
  • Custom Farming
  • Earthquake
  • Extra Expense
  • Limited Pollution Liability
  • Loss of Earnings
  • Seasonal Coverage