Category Archives: Finance Guide

Marriage can be an emotional process, and couples often face questions regarding health insurance options when planning a joint effort. Some couples opt to consolidate coverage while others maintain individual policies. Understand your options and select the optimal healthcare policy for your family is essential, and to do that you’ll need to understand a few […]

Car insurance rates depend on many variables, with vehicle make and model being one of the primary considerations. Drivers can often reduce costs by selecting a lower deductible amount and driving less frequently while bundling policies with one provider. Other variables to keep in mind when buying or leasing a vehicle include its safety rating, […]

Unexpected financial emergencies can put any family on its back foot. Savings and insurance plans can help manage these expenses more easily. Based on state laws, employer-provided health insurance generally expires either upon your last day at work or the last day of the month in which you were terminated from it. There are various […]

Renters insurance policies that include roommates or significant others aren’t usually recommended, since if one person on your policy files a claim, that will appear on both records and cause problems down the road. Shared policies may have an effect on coverage limits, liability coverage and deductibles. Coverage Limits If you live with roommates, purchasing […]

Prior to the Affordable Care Act, insurance companies often dropped dependents from their parents’ plans once they turned 26. That is no longer an issue. Under COBRA or New Jersey’s Small Group Continuation law, young adults can stay on their parent’s plan up to age 29 without being subject to penalties for doing so; however […]

Electric Insurance Company announced in 2021 as part of a major corporate restructuring, will sell their personal lines portfolio to Plymouth Rock Assurance as part of their major corporate restructuring and separate into three public companies. Established to provide employee health insurance at General Electric (GE), the company now sells home and auto policies as […]

Errors or overcharges on medical bills are unfortunately commonplace. If you suspect something might be amiss with your bill, begin by asking for an itemized copy and carefully reviewing each charge individually. Keep careful records of every interaction with providers and insurance companies, including names of each person spoken with, telephone numbers used, and an […]

Have two health insurance plans can be advantageous, particularly if they complement each other to reduce overall out-of-pocket expenses and provide peace of mind should one plan be lost. But having two policies also means paying twice the premiums and deductibles and managing double the paperwork. Coordination of Benefits (COB) Coordination of Benefits (COB) is […]

Health insurance can be an integral component of recruiting and retaining top talent, so working with a PEO to offer competitive group health coverage can save time, money and hassle. PEOs create master health insurance plans by pooling employees from different small businesses together and using this leverage to negotiate rates typically reserved for larger […]

If your dependents depend on you for financial support, life insurance can help cover funeral and end-of-life medical costs, estate taxes and any debts. As you age, term policies become less affordable; whole or universal life insurance may be a better solution as these can last until your death without needing medical exams or health […]