Mythology and misinformation are rampant in life insurance. This article will dispel some myths and give useful information to assist consumers in making rational decisions about the purchase of life insurance. An earlier article, “Why Buying Term Insurance and Investing The Difference Is A Big FAIL!” was published. In an earlier article (“Why Buying Term and Investing […]
Category Archives: Finance Guide
16
May
May
Medicare does cover surgery for cataracts, but there may be coverage restrictions or copays. Medicare covers cataract surgery, which affects 68% of Americans over the age of 80. Medicare Part B deductibles and copays apply. There are limitations on coverage for intraocular lenses and new surgical techniques. According to the National Eye Institute, cataract surgery is extremely […]
16
May
May
In 2019, there were 9363 car crashes in Ramsey County. This is Minnesota’s home to St. Paul. No matter how many cars they drive or the type of car they have, every driver in St. Paul must have car insurance. Car insurance costs in St. Paul average $829 per annum for a minimum coverage policy, and $1948 for full […]
16
May
May
Why should we purchase insurance? Answers may vary depending on the needs of each individual. It could be used to provide financial protection. Some people use it as a way to save taxes. There are many insurance plans on the market that cater to different needs. Therefore, one should not buy insurance just because they need it but […]
16
May
May
Are you wondering if your house requires flood insurance? With the increase in natural disasters and extreme weather conditions, it’s important to know if your home is at risk of flooding. Whether you live near a river or on top of a hill, every homeowner should be aware of the potential for flooding and the […]
16
May
May
It is not easy to educate and communicate with employees about the benefits offered by their employer and broker(s) before the “Enrollment Period”. The Employer and Broker must collaborate to make the Benefit Plan Design, the Programs, and/or Services clear and understandable for the employees and their families. Effective “Group Meetings”, including preparation and follow-up, can have […]
16
May
May
When it comes to driving, there are many things that can go wrong on the road. One of the most common issues is a cracked or chipped windshield. Not only is it unsightly, but it can also be dangerous if left untreated. But the question remains: does your insurance cover windshield repair? In this blog […]
16
May
May
Utah law provides for prison sentences and fines for those who flee the scene of an accident that results in bodily injury or property damage. A hit-and run offense can result in long-lasting penalties.According to data from Quadrant Information Service, Utah’s car insurance premium could more than double if a person is convicted of leaving the […]
16
May
May
There is a lot of competition to buy an independent agency in the insurance industry. This is especially true if the agent does not own an agency. Not a strategic acquirer. My firm regularly works with agents across the country to help them sell and acquire insurance agencies. We know firsthand what it takes for deals to happen. After […]
16
May
May
Health insurance is a crucial benefit that many employees look for when considering job opportunities. However, not all employers offer health insurance coverage as part of their employment package. So, what are the options available to employees in such cases? One option is employer reimbursement for health insurance. This approach allows employers to reimburse their […]