Category Archives: Finance Guide

What Do I Need To Know About Short Term Health Insurance?

You will need to make sure that you have insurance against huge medical bills, regardless of whether you are a bricklayer or a housewife. You should have some form of health insurance. If you are diagnosed with a serious illness or have an accident, a good insurance policy will protect you from financial ruin. You can be confident […]

Are Life Insurance Premiums Deductible?

Most life insurance policies aren’t tax deductible as the IRS considers them personal expenses; however, there are exceptions; for instance, premiums paid by an employer for group life policies may be deducted; also some permanent policies provide tax advantages like an untaxed death benefit and tax-deferred growth of cash value. Taxes Though many individuals and […]

How to Get a Job in Insurance

Insurance may seem intimidating for those unfamiliar with it, as its terminology and jargon can seem like indecipherable legalese. Insurance offers many opportunities for those seeking a rewarding and financially stable career path, and the following tips will assist in making that dream of becoming an insurance professional a reality. Education and Training If you […]

Required Information on Auto Insurance

A contract between you, the insurance company, and your auto insurance policy is an agreement. A premium is paid. The insurance company will pay a premium in return for specific financial losses related to your car, provided that the coverage limits are met. Many states require you to have minimum amounts of automobile liability insurance. The law requires […]

Driving without insurance in Nevada

In Nevada, driving without insurance is a risky proposition given the consequences. Nevada’s LIVE program electronically tracks vehicle owners and can detect when a car insurance policy has lapsed. By reporting on incidents, car insurance companies must keep the Department of Motor Vehicles (DMV) current. The DMV also checks vehicles owners periodically throughout the year in order to verify that they […]

Penalties for driving without insurance in Colorado

Driving without insurance can be illegal and could result in severe penalties. Each state has its own definition. According to the Insurance Information Institute, 16.3% Colorado drivers were not insured in 2019. This makes Colorado the 13th most uninsured state. Colorado law prohibits drivers from driving without insurance. You could face fines, penalties and other consequences that could have […]

Does Insurance Cover Gender Reassignment?

As part of the Affordable Care Act, it became illegal for health insurance companies to deny coverage based on sexual orientation or gender identity; however, policies and requirements can differ widely depending on each policy provider. Private insurers may require letters from healthcare professionals certifying the medical necessity of gender affirmation surgery before providing coverage […]

Does Health Insurance Cover Allergy Testing?

Allergies are a prevalent health condition that often results in symptoms like runny nose, itchy skin and watery eyes, as well as more serious adverse reactions that could even be life-threatening. Allergy testing can identify which allergens may be triggering such reactions and help diagnose their source. Allergists carefully tailor allergy tests to each individual, […]