[caption id="attachment_895" align="alignleft" width="150"] How Much Life Insurance Do New Parents Need[/caption]New parents will experience a seemingly endless set of changes in their lives, not the least of which are the financial changes and new financial responsibilities that arise. For new parents who just had their very first child, the issues that arise can seem overwhelming. One of the first things new parents will need to do is purchase life insurance.
The process for taking out new life insurance policies is straightforward, but almost as soon as you begin you’re faced with a single question that will end... Articles Tagged ‘insurance advice’
How Much Life Insurance Do New Parents Need?
[caption id="attachment_895" align="alignleft" width="150"] How Much Life Insurance Do New Parents Need[/caption]New parents will experience a seemingly endless set of changes in their lives, not the least of which are the financial changes and new financial responsibilities that arise. For new parents who just had their very first child, the issues that arise can seem overwhelming. One of the first things new parents will need to do is purchase life insurance.
The process for taking out new life insurance policies is straightforward, but almost as soon as you begin you’re faced with a single question that will end...
Tuesday, May 10th, 2016
[caption id="attachment_895" align="alignleft" width="150"] How Much Life Insurance Do New Parents Need[/caption]New parents will experience a seemingly endless set of changes in their lives, not the least of which are the financial changes and new financial responsibilities that arise. For new parents who just had their very first child, the issues that arise can seem overwhelming. One of the first things new parents will need to do is purchase life insurance.
The process for taking out new life insurance policies is straightforward, but almost as soon as you begin you’re faced with a single question that will end... Healthcare Enrollment – Three Things You Need to Know Before You Sign Up
Healthcare in general, and health insurance in particular, are certainly more complicated today than they were a generation or two ago. Making sure that you and your family are adequately covered is no longer simply a matter choosing one of the three or four plans offered by your employer. Today many employers choose not to offer coverage to their employees, but at the same time we have more choices through the various government Health Insurance Marketplaces.
But getting this type of coverage is subject to an open enrollment period whereby, in the absence of special circumstances, you must enroll for...
Tuesday, November 3rd, 2015
Healthcare in general, and health insurance in particular, are certainly more complicated today than they were a generation or two ago. Making sure that you and your family are adequately covered is no longer simply a matter choosing one of the three or four plans offered by your employer. Today many employers choose not to offer coverage to their employees, but at the same time we have more choices through the various government Health Insurance Marketplaces.
But getting this type of coverage is subject to an open enrollment period whereby, in the absence of special circumstances, you must enroll for... How Getting Married Changes Your Insurance Needs
Getting married will change many things in both your and your spouse’s lives. You’ll likely spend a lot of time, effort and money planning for and having your wedding, and even more time, effort and money setting up your new household. Combining two lives into a single venture can certainly take some getting used to.
In addition, getting married can change what the two of you need to do with respect to your insurance requirements. Remember that insurance is the foundation of a secure personal financial scenario, and it should be one of the first things you reexamine whenever there...
Thursday, June 11th, 2015
Getting married will change many things in both your and your spouse’s lives. You’ll likely spend a lot of time, effort and money planning for and having your wedding, and even more time, effort and money setting up your new household. Combining two lives into a single venture can certainly take some getting used to.
In addition, getting married can change what the two of you need to do with respect to your insurance requirements. Remember that insurance is the foundation of a secure personal financial scenario, and it should be one of the first things you reexamine whenever there... 5 Insurance Changes To Make When You’re Getting Ready To Have A Baby
Having a child represents a significant change to your life in many different ways. You probably anticipate and understand that your life will have a different focus once you’re a parent, though perhaps the full extent of the change can be hard to understand if this is your first child.
And chances are you’ll also be making plans to address the financial changes that having a child will bring. One sometimes overlooked financial aspect of these changes is your insurance.
In most cases there are at least five basic types of insurance changes you want to consider when you’re getting...
Wednesday, May 6th, 2015
Having a child represents a significant change to your life in many different ways. You probably anticipate and understand that your life will have a different focus once you’re a parent, though perhaps the full extent of the change can be hard to understand if this is your first child.
And chances are you’ll also be making plans to address the financial changes that having a child will bring. One sometimes overlooked financial aspect of these changes is your insurance.
In most cases there are at least five basic types of insurance changes you want to consider when you’re getting... Surprising Things That Raise Your Health Insurance Premiums
Chances are that your health insurance costs are becoming an increasingly larger portion of your monthly household budget. So doing whatever you can to reduce those costs (without reducing the scope of coverage) is as important as ever.
For example, you probably already know that staying healthy and quitting smoking will help you keep your health insurance premiums low. Perhaps you’ve even raised your deductibles or your coinsurance ratio, knowing that these steps can help minimize your monthly out-of-pocket costs.
But you might also want to consider some of the surprising things that could raise your health insurance premiums, and...
Friday, January 30th, 2015
Chances are that your health insurance costs are becoming an increasingly larger portion of your monthly household budget. So doing whatever you can to reduce those costs (without reducing the scope of coverage) is as important as ever.
For example, you probably already know that staying healthy and quitting smoking will help you keep your health insurance premiums low. Perhaps you’ve even raised your deductibles or your coinsurance ratio, knowing that these steps can help minimize your monthly out-of-pocket costs.
But you might also want to consider some of the surprising things that could raise your health insurance premiums, and... Homeowners Insurance Endorsements You Should Pay Attention To
Homeowners insurance is absolutely essential in order to protect what’s likely the single largest financial asset you own: your home. Besides that, your bank will require that you have a sufficient amount of homeowners’ insurance when you first take out your mortgage, and that you maintain such coverage for the life of the mortgage.
But through the use of optional coverages – also known as “endorsements” – you can make sure you are fully protected. There are many different types available, and insurance companies don’t always do a great job of publicizing what they have to offer. Chances...
Wednesday, February 26th, 2014
Homeowners insurance is absolutely essential in order to protect what’s likely the single largest financial asset you own: your home. Besides that, your bank will require that you have a sufficient amount of homeowners’ insurance when you first take out your mortgage, and that you maintain such coverage for the life of the mortgage.
But through the use of optional coverages – also known as “endorsements” – you can make sure you are fully protected. There are many different types available, and insurance companies don’t always do a great job of publicizing what they have to offer. Chances... 5 Common Umbrella Insurance Questions Answered
Once you’ve got your comprehensive auto and homeowner’s insurance policies in place you’re completely covered against losses relating to your car and home, right? Unfortunately, that’s not necessarily the case.
Homeowner’s and auto insurance policies are subject to maximum coverage limits, so they wouldn’t cover you completely if you’re ever subject to a claim that exceeds your maximum coverage. So if you’re ever subject to a large claim, your personal assets could be subject to loss to cover that claim. Sometimes the best approach in protecting yourself isn’t to get more homeowner’s or auto insurance, but to purchase an...
Tuesday, November 26th, 2013
Once you’ve got your comprehensive auto and homeowner’s insurance policies in place you’re completely covered against losses relating to your car and home, right? Unfortunately, that’s not necessarily the case.
Homeowner’s and auto insurance policies are subject to maximum coverage limits, so they wouldn’t cover you completely if you’re ever subject to a claim that exceeds your maximum coverage. So if you’re ever subject to a large claim, your personal assets could be subject to loss to cover that claim. Sometimes the best approach in protecting yourself isn’t to get more homeowner’s or auto insurance, but to purchase an... Surprising Reasons Why Obama Care Might Be Right for You
Millions of people across the country have visited the HealthCare.gov website since the October 1, 2013 launch. That was the day that the federal health insurance program known as “Obama Care” or the “Affordable Care Act” was officially launched. Although many have visited the site to see what it is about, many are still waiting to see what happens to the health care industry and the financial markets once health care insurance evolves to a more competitive market.
There were certainly a number of glitches in the launch of the web site. The establishment of this more competitive marketplace will...
Monday, October 7th, 2013
Millions of people across the country have visited the HealthCare.gov website since the October 1, 2013 launch. That was the day that the federal health insurance program known as “Obama Care” or the “Affordable Care Act” was officially launched. Although many have visited the site to see what it is about, many are still waiting to see what happens to the health care industry and the financial markets once health care insurance evolves to a more competitive market.
There were certainly a number of glitches in the launch of the web site. The establishment of this more competitive marketplace will... The High Costs of Not Having Health Insurance
It would be virtually impossible not to notice how much the price of health insurance and medical care has exploded over the last two decades. The situation has gotten so significant for so many people that comprehensive health care reform (including access to health insurance, medical malpractice reform, and a host of related issues) has become one of the most pressing issues facing our nation.
On an individual level, it’s reached the point where some people have decided that health insurance is simply too expensive, and they forego coverage altogether.
Unfortunately, even though this might save on the monthly...
Thursday, September 26th, 2013
It would be virtually impossible not to notice how much the price of health insurance and medical care has exploded over the last two decades. The situation has gotten so significant for so many people that comprehensive health care reform (including access to health insurance, medical malpractice reform, and a host of related issues) has become one of the most pressing issues facing our nation.
On an individual level, it’s reached the point where some people have decided that health insurance is simply too expensive, and they forego coverage altogether.
Unfortunately, even though this might save on the monthly... What Your Homeowners Insurance Doesn’t Cover
All insurance policies have limitations and exclusions on the things they’re covered, and the amounts you may be able to receive as reimbursement. Your health insurance policy, for example, won’t cover every type of illness and accident or other malady that may affect you. Even umbrella insurance policies have coverage limits and exclusions for certain types of claims.
The same is also true with your homeowner’s insurance policy. You might assume that you’ll be fully covered in compensated for any damage that might happen to your home, for whatever reason, but that’s simply not the case.
Everyone’s policy is different,...
Friday, June 21st, 2013
All insurance policies have limitations and exclusions on the things they’re covered, and the amounts you may be able to receive as reimbursement. Your health insurance policy, for example, won’t cover every type of illness and accident or other malady that may affect you. Even umbrella insurance policies have coverage limits and exclusions for certain types of claims.
The same is also true with your homeowner’s insurance policy. You might assume that you’ll be fully covered in compensated for any damage that might happen to your home, for whatever reason, but that’s simply not the case.
Everyone’s policy is different,... 
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