Articles Tagged ‘insurance advice’
Advice on Long-Term Care Insurance Policies
Thursday, December 1st, 2011
One of the largest medical costs you're likely to incur in your lifetime is long-term care. This means that someone has to live with you or that you require round-the-clock care. This type of care is very expensive.
For care outside of the home, a private room in a nursing home can cost over $75,000 a year. Long-term care insurance, while not cheap, can reduce that burden.
As with everything else, this type of insurance has its benefits and drawbacks. Have you considered long-term care insurance in your retirement planning? Increasing numbers of insurance companies are beginning to offer this...
Read More »
Loading ...
Tags: insurance advice, Long Term Care
Posted in Long Term Care | No Comments »
Money Saving Advice for Auto Insurance with a Teen Driver
Tuesday, November 29th, 2011
Getting a driver’s license is an important milestone for any teenager. But it can be rather sad for the parents. It’s yet another sign that your little boy or girl is growing up, and it’s usually associated with a big increase in your auto insurance bill.
Statistics show that teenage drivers are much more likely to have accidents than drivers with more experience behind the wheel. That’s why insurance companies charge higher premiums for young drivers. While there’s no way to avoid your insurance going up when you add a teen driver, there are ways to minimize the damage.
Here’s some...
Read More »
Loading ...
Tags: auto insurance, insurance advice, teen auto insurance
Posted in Auto | No Comments »
Do You Have Enough Life Insurance?
Friday, November 18th, 2011
Life insurance isn’t something that most of us like to think about. But if we want to make sure that our loved ones are taken care of when we’re gone, it’s something that we should consider carefully. Here's some advice you need to consider. An alarming number of people have no life insurance, and many others don’t have as much as they should.
Those who are able to get life insurance through their employers often do so, but these policies rarely provide adequate coverage. Most offer a death benefit of $10,000 to $25,000, which is barely enough to pay your...
Read More »
Loading ...
Tags: enough life insurance, insurance advice, life insurance
Posted in Life | No Comments »
Health Insurance Open Enrollment Tips
Tuesday, October 4th, 2011
November is right around the corner and for millions of people that means open enrollment time for their health insurance plans. Open enrollment is the time when employees and employers can make changes to their insurance needs. It can be a confusing time. You’re often faced with an abundance of decisions and many of them may not be clear.
Before open enrollment comes around and you’re handed a stack of paperwork to review and sign, consider these open enrollment tips.
Being prepared for it will help you make the right insurance decisions for you and your family.
Here is...
Read More »
Loading ...
Tags: health insuranc, insurance advice, medical insurance, open enrollment
Posted in Health | No Comments »
Understanding the New Changes to Medical Insurance
Wednesday, August 24th, 2011
In 2010, President Barack Obama signed two healthcare reform bills into law: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. These new laws require major changes in the United States healthcare system, especially when it comes to health insurance. As was expected, such sweeping reform has caused a great deal of confusion among those affected.
Some of the changes required by the healthcare reform laws have already taken effect. Others will become effective between now and 2014.
Here’s a summary and advice about what you need to know about how these changes could...
Read More »
Loading ...
Tags: health insurance, insurance advice, medical insurance
Posted in Health | No Comments »
What Is Variable Universal Life Insurance?
Monday, June 27th, 2011
Life insurance is, without a doubt, something that just about everyone should have. But not everyone should have the same type of policy. Here's some advice on one of the the many different flavors of life insurance, and any given type may or may not be suitable for you.
One little known type of life insurance is variable universal life insurance, or VUL for short. Like other universal life insurance policies, VUL builds cash value and is paid when the insured dies, regardless of whether he or she is still paying premiums. But unlike your average universal life policy, the...
Read More »
Loading ...
Tags: insurance advice, life insurance, variable universal life
Posted in Life | No Comments »
Does Your Home Insurance Cover Tornado Damage
Wednesday, June 1st, 2011
If you’ve been through a tornado, know someone who has, or have even seen pictures of the aftermath on the news recently, you know that it can be devastating. Tornados have been known to take out entire towns in just a few minutes. Thanks to early warning systems any loss of life is usually minimal, but property loss can be heavy.
Those who have homeowners insurance rarely think about tornado coverage until it’s too late. The good news is that tornado damage is included in almost every standard policy. But that doesn’t necessarily mean that all of your losses will...
Read More »
Loading ...
Tags: homeowner insurance, insurance advice, tornado damage
Posted in Homeowners | No Comments »
Things to Know About Permanent Life Insurance
Monday, May 9th, 2011
When it comes to buying life insurance, shopping around is a must. There are lots of life insurance companies to choose from, and you can buy through an agent or directly from the company. Most companies offer a variety of life insurance products, and some will meet your needs better than others.
The first thing that life insurance shoppers need to know is that there are two main types of life insurance: term and permanent. Term life insurance is purchased for a period of up to 30 years. The policyholder is covered for the duration of the term as long...
Read More »
Loading ...
Tags: insurance advice, life insurance, permanent life insurance
Posted in Life | No Comments »
How to Take a Personal Inventory for Your Home Insurance Policy
Thursday, April 14th, 2011
When a disaster such as a fire, flood or theft strikes, your homeowners insurance is there to help you pick up the pieces and move on. It covers not only your home, but the contents of it. If you want to make sure you’re compensated for everything that was lost, you must keep a record of the things you own.
Ideally, you should take a personal inventory before purchasing homeowners' insurance to make sure that you will have enough to cover everything. But if you didn’t do that, it’s not too late. Taking inventory now will allow you to purchase...
Read More »
Loading ...
Tags: home insurance, home inventory, insurance advice, take inventory
Posted in Homeowners | 1 Comment »
Specialty Life and Health Insurances for Seniors
Tuesday, April 12th, 2011
When you think about buying an insurance policy, you probably think of a few well-known kinds of insurance; life, dental, health, auto, etc. But what about other kinds of insurances that might be much more affordable and provide much more specific coverage? There are many kinds of insurances available that you might not have ever heard of, but could benefit you greatly.
Medicare Supplemental Insurance is a fantastic insurance option for seniors age 65 and above who need a little extra coverage in addition to the Medicare benefits that they receive from the government. Medicare Supplemental Insurance,...
Read More »
Loading ...
Tags: insurance advice, medicare supplemental insurance, senior life insurance
Posted in Health | No Comments »
How to Compare Dental Insurance Options?
Tuesday, April 5th, 2011
Dental insurance comes in a variety of plans. Each plan offers different options that range from coverage waiting periods, co-payments and approved providers. Here's some advice on why it can be somewhat confusing when comparing dental insurance options. Do you choose a PPO, HMO or Indemnity plan? How much insurance do you really need? And where can you find a provider that takes your insurance.
What about discount plans? While you can purchase discount dental plans through a traditional insurance provider you can also purchase dental discount plans at many dentist offices. Dental discount plans offer members the ability...
Read More »
Loading ...
Tags: compare dental insurance, dental insurance, dentist, insurance advice
Posted in Dental | No Comments »
Loading ...
