Category Archives: Finance Guide

When it comes to insurance, competition is fierce! With countless providers vying for your attention and dollars, it’s hard to know where to turn. But just how competitive is the insurance industry? In this post, we’ll take a closer look at the landscape of insurers and explore what that means for you as a consumer. […]

Are you the proud owner of a sports entertainment company but unsure about what type of insurance you need to protect your business? Look no further! Running a sports entertainment company can be exhilarating, but it also comes with its fair share of risks. From injuries to damaged equipment, there are various potential threats that […]

Have you ever wondered if cochlear implants are covered by insurance? If yes, then you’re not alone. Many people who suffer from hearing loss or have loved ones with the condition often ask this question. It’s an important one because cochlear implantation can be a life-changing procedure for those who need it. But navigating insurance […]

A Canadian conviction for impaired driving can have severe consequences. It’s embarrassing to let everyone know that you were impaired and that it is considered a crime. Because of an impaired driving conviction, even people who have never been in trouble can suddenly become convicted criminals. Another consequence is an increase in car insurance costs, […]

Fender benders occur every day. While damages are sometimes minor, you may still wonder whether to file an insurance claim as this can negatively impact your rates. Before filing a claim, however, it would be prudent to obtain an estimate for repairs; you might find that their cost comes in close to or under your […]

As part of a Marketplace application, it’s necessary to estimate your estimated household income. Your household typically comprises you, your spouse (if applicable), any tax dependents who require coverage (even those without health needs). To calculate your MAGI, the following factors will need to be used. 1. Estimate Your Income for the Year You Want […]

As long as your health insurance premiums are paid through payroll deduction, they qualify as tax deductible expenses. Please be aware that only certain premiums qualify. Limiting exclusion could reduce work incentives for those who place high value on health coverage, especially those who expect heavy medical use, while it might impact how employers structure […]

Medicare Supplement insurance (commonly referred to as Medigap) is private health insurance designed to supplement Medicare Part A and B costs. There are 10 standard Medicare Supplement plans that each offer the same set of benefits no matter which insurance company sells it. Costing of Medicare Supplement insurance depends on many variables, such as which […]

If you plan on placing your car on hold for any extended period, be sure to talk with your insurance company first. They may have special rules in place that can help avoid coverage gaps and potentially expensive rate hikes. GEICO provides numerous ways to save on car insurance policies. Get your personalized rate quote […]

Insurance policy documents such as cards and declaration pages should always be kept as long as their policies remain active. This is particularly crucial for auto and health policies as law enforcement or hospitals may request to see these documents for verification purposes. Medical explanation of benefits (EOBs) should only be kept until they can […]