Insurance Plans

Auto Insurance

Why should you buy car insurance through an independent insurance broker? The courts have defined the reason. There have been “malpractice” lawsuits against insurance companies for failure to offer underinsured and uninsured motorists coverage limits matching the liability limits. However, when the insurance company sells directly to consumers, these cases have gone in favor of the insurance companies. The courts found that when a consumer buys insurance directly from an insurance company, rather than an insurance broker, the consumer is only buying insurance and is not paying for advice.

When you buy auto insurance from an independent insurance broker who represents several different insurance companies, you get the advantage of an insurance professional who can evaluate your needs and advise you accordingly. Additionally, only an independent insurance broker can provide you with a choice of insurance companies and premiums, so you get the best coverage at the lowest price.

Home Insurance

It is important to get your home insured. But do you know how to get homeowners insurance quotes? You are always recommended to invest in a reputed homeowners insurance company and seek advice from a reliable insurance agent. Only professional insurance agents can offer you the right home insurance quote.

Here are some important factors that should be discussed with your insurance agent while requesting for the homeowners insurance quote:

1) Liability protection.

2) Coverage for your personal belongings.

3) Coverage for structure of your home.

4) Ask your agent if their policy covers additional living expenses in case your house is temporarily unsuitable for living.

5) What type of disasters does the policy cover?

6) How can you save money with this specific policy?

7) How often will you have to renew your homeowners insurance?

8) What is the difference between nonrenewal and cancellation?

9) How you can get right home insurance rate?

After getting satisfactory answers to all these questions you can choose right homeowners insurance quote.

Health Insurance

There are thousands of unsuspecting people who end up falling victim to health insurance scams each year. Unauthorized insurers are ready to sell you health insurance with a low-cost premium and most people would never think that there are fake insurance companies out there waiting to steal your money. With so many companies offering health insurance, how does one decipher which ones are scams?

The current trend of scams is on the rise due to the large number of uninsured individuals compared to the rising cost of prescription drugs. Simply put, people are looking for the best deal. There are ways to keep yourself safe from these con artists and still pay a reasonable premium.

Does a health insurance company seem to be offering a policy that is too good to be true? It could be. Victims of health insurance scams are usually those who go shopping around and find a great deal (and then find that in an emergency they are without insurance). There are no clear indicators of fraud unless you know what particular red flags to listen for during their sales pitch of their particular policy.

Medicare Insurance

Every citizen is automatically eligible as soon as they reach retirement age. There is no questioning on who qualifies because if you meet the requirement of citizenship, you have a chance to participate in the program.

The first part of Medicare kicks in to cover hospital expenses in case there is need for that level of care. Medicare covers a wide range of services that you might need during hospitalization including room and meals, nursing and other hospital services that are needed during your time in the hospital. But the hospitalization benefit doesn’t end when you drive away from the building. Medicare also covers home health services you might need during recuperation as well as equipment such as wheelchairs and in home needs of the disabled and hospice services for care during end of life situations. Millions have benefited from this part of Medicare’s coverage so by itself it may justify the existence of Medicare.

You may have noticed that the first part of Medicare did not cover the actual medical costs of the care you receive. Part B of Medicare kicks in to help out with those costs. Under this second area of Medicare, doctors bills are covered as well medical procedures needed during your hospital stay, medicine, ambulance care if that is needed and even physical therapy the doctor may prescribe to aid in your recovery. Again, this aspect of Medicare has benefited millions of the citizens and it often very much needed for the elderly struggling with health issues.

Life Insurance

Do you love someone enough to spend your hard earned dollars on a life insurance premium — month after month?

Because the real benefit of a life insurance policy isn’t for you. It’s for those you love… but after you’ve gone.

Life insurance is money paid to those who rely on you right now to provide a secure standard of living. They can lose this in a heartbeat. Life insurance is money when needed the most… with no income tax or publicity.

Buying a life insurance policy is challenging because it isn’t an easy subject matter to begin with. Most people get confused about how it works and whom they can trust enough to make the purchase. And there’s a large number of companies and sales agents all clamoring for your attention.

We will help to clarify a huge misconception about term life insurance. Also, We’ll introduce you to what many knowledgable professionals consider to be the best kept secret in a life insurance policy.

Disability Insurance

If you and your loved ones depend on your salary for support, then you probably need long term disability income insurance. Think about it: if you were to become disabled, even for a few months, how would you and your family manage? Who would pay your bills?

Disabling illness or injury is one of the leading causes of bankruptcy in the United States. Most people do not realize that their chances of becoming disabled are greater than their chances of dying prematurely. Yet they are more likely to buy life insurance than disability insurance. For this reason, people in the insurance industry call disability “the forgotten risk.’ According to statistics from the Journal of the American Society of Chartered Life Underwriters, if you are age thirty to fifty-five, your chances of becoming disabled are two to three times greater than your chances of dying.

Many people mistakenly believe that the government or Worker’s Compensation will pay them an income if they become disabled. Actually, more than 80% of the people who apply for Social Security disability benefits are rejected. Social Security does not pay benefits for partial or short-term disability. Your disability has to either last a year or be expected to last a year before you can collect Social Security. Worker’s Compensation pays only if you were injured on the job and benefits are often limited to a few years.

Long Term Care

What is Long Term Care Insurance? Long term care insurance serves to help those individuals who need extra care and attention as they age. Long term care insurance helps to take financial burden away from family members, and for the individual in need of such care.

Often, the elderly have very little income and no “extra” money. Yet, the cost of aging itself seems to be rising. Those who can least afford it are expected to pay huge healthcare costs. This is why long term care insurance can be beneficial, and take financial burden away from those who cannot afford the high cost of healthcare.

A long term care insurance policy may be purchased at any time, though policies are ideally purchased before the need for long term care arises.

Paying the Price of Long Term Care Insurance Long term care insurance premiums and rates will usually go up as the policyholder ages. In some cases, long term care insurance will not be needed at all. In those cases where long term care is needed, however, long term care insurance can be invaluable.

The price of paying for long term care insurance is much less than the cost of paying for long term care. Healthcare these days is very expensive. Long term care, these days, is astronomical.