Insurance Info
Pros and Cons of Final Expense Insurance: Is It the Right Choice for You?
Ensuring your family is financially protected after your passing requires careful planning. Final expense insurance is often marketed as an accessible and affordable solution for covering funeral costs and other end-of-life expenses. However, with smaller benefit amounts and higher premiums per dollar of coverage, it’s important to assess whether this option truly meets your needs. […]
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Who Qualifies for Medicaid? A Comprehensive Guide
If you’re struggling to afford healthcare, Medicaid may offer the coverage you need. This joint federal-state program provides essential medical services—from doctor visits to long-term care—for millions of low-income individuals and families. However, Medicaid eligibility rules differ by state, making it important to understand whether you qualify. This guide breaks down Medicaid requirements, the application […]
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How to Open an IUL Account
Indexed Universal Life (IUL) insurance is more than just life coverage—it is a long-term financial tool that offers both protection and growth potential. By linking cash value accumulation to the performance of a stock market index, an IUL provides opportunities for tax-advantaged growth while offering downside protection. For individuals planning for retirement, building wealth, or […]
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Guide to Umbrella Insurance
Lawsuits and liability claims can arise unexpectedly, putting your finances at risk. While home and auto insurance offer essential protection, their liability limits may not always cover high-cost claims. Umbrella insurance adds an extra layer of protection when standard policies fall short. This guide explains how umbrella insurance works, what it covers, how much it […]
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What is Final Expense Insurance and How Does it Work?
Final expense insurance is a type of whole life insurance designed to cover end-of-life expenses, such as funeral costs, medical bills, and small outstanding debts. It is sometimes referred to as burial insurance, funeral insurance, or simplified issue whole life insurance. Unlike traditional life insurance policies, which may provide large payouts to replace lost income, […]
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How to Choose the Best Insurance Plan for Your Prescription Needs
Choosing a health plan feels like decoding a foreign language. Formularies, tiers, copays, coinsurance—what does it all mean? And more importantly, how does it affect what you’ll pay for your prescriptions? If you’re tired of sifting through fine print and insurance jargon, this guide is for you. We’ll break down exactly what to look for […]
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Why Does Health Insurance Cost So Much?
Health insurance is imperative if you want to protect yourself financially, but it can feel expensive. So many people wonder why health insurance costs so much and what they can do about it. 3 Reasons Health Insurance Costs are High Health insurance costs have increased recently, but not because of anything you’ve done. Here are […]
Read moreDoes Health Insurance Cover Mental Health Services?
Your mental health is just as important as your physical health, but health insurance companies may not treat it the same. The Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act passed in 2008 set out to change that for consumers, to make mental health service coverage equal to physical health coverage, […]
Read moreWhen Can I Enroll in Medicare?
When you retire, health insurance should be a priority. Not having insurance through your employer means you’re on your own for healthcare coverage. In addition, as you age, your risk of needing extensive medical care increases, making Medicare enrollment important for most seniors. Typically, you’re eligible for Medicare when you turn 65 years old, but […]
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