Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection Insurance
Posted: June 22, 2020
Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection InsuranceLife insurance, final expense insurance, and mortgage protection insurance are all similar in certain ways. They all pay out in the event of the policyholder’s death and they all provide protection for surviving loved ones. Aside from that, they are different types of insurance policies that offer different types of protection. What Is Life Insurance? A life insurance policy is a contract with an insurance...
Short-Term Disability Coverage Vs. Long-Term Disability Coverage
Posted: June 13, 2020
Short-Term Disability Coverage Vs. Long-Term Disability CoverageShort-term disability and long-term disability are both designed to protect your income in case you are unable to work. However, there are differences in the two types of coverage. Many people elect to have both short-term disability and long-term disability insurance policies. What Is Short-Term Disability Insurance? Short-term disability (STD) policies pay benefits for shorter time periods, after a brief waiting (elimination) period, which is...
What Happens If You Don't Have Any Health Insurance?
Posted: June 10, 2020
What Happens If You Don't Have Any Health Insurance?Americans are required to carry health insurance under the Affordable Care Act of 2010 (ACA). Originally, the ACA called for a penalty (known as a shared responsibility payment) for people who did not have health insurance, enforceable on the federal level. This portion of the ACA was repealed in 2019, and the authority to enforce health insurance requirements was transferred to the states. Depending on...
I'm Young & Healthy: Do I Really Need Life Insurance?
Posted: June 7, 2020
I'm Young & Healthy: Do I Really Need Life Insurance?If you’re young and healthy, you may think it’s too early to buy life insurance. The truth is, buying life insurance young can save you money – lots of it. Purchasing a life insurance policy in your 20s or 30s is a smart move, even if you don’t believe you need it yet. Younger Equals Cheaper When It Comes To Life Insurance Buying life insurance...
Should I Offer My Employees Critical Illness Insurance?
Posted: May 28, 2020
Should I Offer My Employees Critical Illness Insurance?Critical illness insurance is designed to compensate policyholders in a lump payment if they are diagnosed with a range of illnesses as listed in the policy. These policies can also be structured to make a series of payments based on the policyholder’s condition and ongoing medical treatments. Also known as catastrophic illness insurance, it covers major health emergencies, such as heart attack, cancer, or stroke....