Category Archives: Finance Guide

Quick Auto Insurance – How Long Before I’m Insured

Motorists are responsible for having insurance on their cars. However, the actual cost of car insurance can be much higher than you’ll find in an instant auto insurance quote. It is easy to get an insurance quote by calling several companies, contacting the Internet, or speaking directly with your insurance agent. Personal Information Required To get […]

Do My Parents Have To Claim Me As A Dependent For Health Insurance?

Under the Affordable Care Act, insurers are mandated to offer dependent child coverage until young adults reach 26. This provision includes plans in both individual and employer markets. However, there are certain criteria you must fulfill in order to remain on your parents’ plan. This includes factors like living with them and being claimed as […]

Can HSA Pay For Medical Insurance Premiums?

Health savings accounts offer triple tax benefits: contributions are tax-deductible, earnings on investment earnings are tax-free and withdrawals used for qualified medical expenses are free from federal income tax; insurance premiums do not qualify. IRS offers an exception for individuals receiving federal or state unemployment benefits or COBRA coverage and who use HSA funds to […]

How Does Life Insurance Work?

Life insurance provides loved ones with financial security against the risk of debt repayment after your death, including living expenses, mortgage and utility bills. In exchange for premium payments made, an insurance company pays out a death benefit directly to named beneficiaries. Life insurance policies come in various shapes and forms; choosing the appropriate policy […]

What Happens If You Pay Your Car Insurance Late Progressive?

Most insurance companies allow between seven and 30 days of grace period after one missed payment for your car insurance policy to remain active; otherwise it could result in policy cancellation and other serious repercussions such as reduced coverage and higher rates on subsequent auto policies. Car insurance lapses can have serious financial repercussions, from […]

Get Rid of Co-Insurance Clauses & Save Money on Business Insurance

Still, sophisticated or not, errors are made. After twenty-five years of working in this dull and evil field, I still come across intelligent businesses that need incompetent assistance. It is often disguised as honest, professional and friendly. It amazes me how much we can tolerate, but it must be the nature of the product. Insurance can be confusing, boring, […]