Hurricane Harvey caused major damage in 2017, being the first major hurricane to cause landfall in the U.S. since 2005’s Wilma. The Hurricane ended up inflicting $125 billion in damage mainly due to catastrophic flooding in Southeast Texas and the Huston Metropolitan area, forcing 30,000 to be displaced. Stream Energy, a Dallas-based company, decided to stand up and use the money earned from its energy sales business in order to fund the recovery and also ease the financial burden of its own customers.
Corporate philanthropy has always been a part of Stream Energy. The company established its own charity foundation entitled “Stream Cares”, in order to formalize their philanthropic activities through Texas and throughout the United States. Stream Energy has a long standing relationship with Habitat for Humanity as well as the Red Cross, relationships which allows the company to further its mission to give back to the community. In the past, Stream also had a rapid response in the case of the 2016 tornadoes that hit North Texas after Christmas. The Dallas-based company worked with Salvation Army and alongside its associates they managed to raise thousands of dollars for the residents that lost their homes as well as their businesses. Stream Energy matched the funds raised, doubling the donations that were brought forth by its associates.
One particular cause that Stream associates are heavily involved in is homelessness in North Texas. The company partnered with Hope Supply Co. in order to organize the annual Splash for Hope event. As a result of the partnership, Stream and its associates are covering the entrance as well as meal costs for more than 1,000 homeless children in North Texas and bring them to a local water park in order to deliver money, supplies, as well as an experience of a lifetime. Hope Supply Co. is an organization that provides diapers, school supplies, and clothing to homeless children. Stream Energy has been working with the charity for more than 4 years. Kimberly Girard, the company’s senior event manager, notes that Stream is an organization that plans to consistently identify new ways to give back to the community.
Life insurance is the miracle product. It is the only way that we can create an instant estate by depositing pennies on the dollar. The Freedom Life Insurance Company offers excellent opportunities for planning and implementing the best approach based on individual needs.
There are two kinds of life insurance. Term life insurance is the least costly of the two. It is temporary coverage, but the temporary timeline can last up to 30 years. Term life can also increase in price, as in 5-year renewable term. Every five years the price goes up because the insured is 5 years older.
Permanent life insurance is the same price for the rest of the insured’s life. In fact that is one reason that it is also called “whole life” as it covers an individual for the whole of his or her life. The price and death benefit stays the same for permanent life insurance. It has a cash value that builds within the policy. The cash value is a reserve that offsets the increasing mortality costs of the policy, so the price remains the same for the permanent life insurance policy.
The cash value is available for the policy owner to borrow as long as the policy is in force. If the insured should die while the loan is outstanding, then the death benefit is the face amount of the policy less the amount of the loan.
Term insurance is ideal for covering young families because a lot of coverage can be purchased on the breadwinner(s) to protect against a premature death of them. Permanent insurance provides retirement cash as well as lasting well beyond the time when the family is young. It is good to have to cover final expenses.
Life insurance planning will use both term and permanent type policies in combination to combine the best of both worlds. Lots of coverage is available when the needs are great and the permanent policy lasts well into the middle and later years. Freedom life insurance agrees with this concept.
The Freedom Life Insurance Company has experienced agents who will help people plan their life insurance estate in order to fit the needs of the situation. Read more about at Meghan Natural Health at https://www.corporationwiki.com/Texas/Fort-Worth/freedom-life-insurance-company-of-america-3543239.aspx