Category Archives: Finance Guide

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 […]

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 […]

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 […]

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 […]

Are you confused about what Medicare really is? Is it a health insurance or something else entirely? Well, you’re not alone! Many people are still unclear about the role of Medicare in their healthcare. In this blog post, we’ll dive into the details and help you understand whether or not Medicare is considered health insurance. […]

The Competition Commission announced they will ban the sale and purchase of Payment Protection Insurance (PPI) at point-of-sale for loans, credit cards and store cards. An expert in personal finance estimates that as many as 50% of PPI policies worth an estimated 10 billion pounds could have been missold. This could be recovered by lenders, he suggests. […]

Are you tired of dealing with complicated health insurance policies and rising premiums? Well, you’re not alone – the healthcare industry is constantly evolving, and so are the options for health insurance. With new technologies and innovative approaches to coverage, it’s becoming easier than ever before to find a plan that works for you. In […]

Carnival Cruise Insurance: is it worth the cost, or just another unnecessary expense? As you prepare for your upcoming voyage with Carnival, one of the biggest questions on your mind may be whether or not to purchase cruise insurance. While some travelers swear by it, there are others who feel that it’s an added expense […]

One million drivers are uninsured in Britain, which is partially responsible for spiralling insurance costs. It is easy to think that people driving without insurance should face punishment. But did you know that there are other ways you could be driving without insurance? There are many reasons your car insurance might not pay out when you need […]

Gas prices are rising every year and many people are trying to find ways to save money on fuel. Despite these money-saving strategies, drivers still need to pay for their full auto insurance. We all know that there are certain corners that can’t be missed. So we think so! Many auto insurance companies are looking into a new […]