Category Archives: Finance Guide

Are you struggling with anxiety, depression, or ADHD? Neurofeedback therapy may be the solution you need. This innovative treatment method involves training your brain to regulate its own activity and improve cognitive function. But before considering this option, it’s important to know whether insurance covers neurofeedback therapy, as well as its potential costs and side […]

Harry Truman initiated the establishment of a national health program by asking Congress for legislation to be enacted in 1945. He was the first to sign up under the Lyndon Johnson law, twenty years later. Two decades ago, the dangers of socialized medicine were being debated. Now, the United States has opened Medicare to all seniors over […]

Healthcare insurance can be a complex world to navigate, full of jargon and acronyms that can leave even the savviest consumer scratching their head. One such acronym is UCR, which stands for Usual, Customary and Reasonable. If you’ve ever received an Explanation of Benefits (EOB) from your insurer or had to file a claim with […]

Everyone who is medically eligible for long-term care insurance must be aware of the importance of this coverage. Why? Here are 10 reasons why. 1. The odds are in your favor: Your chances of needing long-term care have risen to 70%. Seven out of ten Americans will use their policies, which is more than an auto accident or […]

It is similar to buying and selling a cross-purchase plan by using your life insurance to finance a Buy/Sell Redemption Plan. You are effectively using the proceeds from your life insurance to fund a Buy/Sell Redemption Plan to make changes in ownership on a partner, a corporation or a member. This could be similar to basic buy-sell […]

What is Health Insurance? Affordable health insurance is essential to protect you in the event of an unexpected, costly emergency. This is possible only by comparing prices from all the major insurance companies and choosing the best health insurance plan for you. In the past, it was difficult to find affordable health insurance. Nowadays, students, small groups, families, […]

Permanent life insurance was long viewed as offering investors an attractive tax break: cash-value growth was tax-deferred while loans were taxed according to the last-in first-out method. But with most policies featuring cash values now failing the seven-pay test and thus being classified as modified endowment contracts (MECs), investors may lose some tax advantages of […]

Car accidents are unsettling experiences for all drivers, no matter their experience level or skill. Understanding when and how to report an incident to your insurer will make the process less cumbersome. Most insurance providers, like GEICO, recommend reporting immediately so they can begin taking steps on your case immediately. Damages Many people fail to […]

If a burst pipe occurs in your home, you should contact your insurance agent as soon as possible. Homeowners insurance often covers cleaning costs associated with burst pipes as well as required repairs caused by them. However, repairs for actual pipe damage might not be covered under your homeowners policy; adding a home warranty from […]

People often view vision insurance like any other health coverage. In reality, however, most plans like those offered by industry leaders VSP and EyeMed primarily act as discount programs designed to boost sales of frames and lenses associated with each company. That includes LensCrafters, Pearle Vision, Sears Optical, Target Optical and Sunglass Hut. Furthermore, VSP […]