Search Results for: invest

Whole life insurance provides an assured death benefit regardless of when or if you die, unlike term life policies. Furthermore, its cash value accumulates tax efficiently to facilitate any withdrawals or loans3 made during its life span. Financial professionals can assist in helping to determine if this policy type is the appropriate choice for you. […]

Health insurance premiums are one of the costliest benefits employers offer their employees. In 2021, on average, employers covered 83% of an employee’s self-only premiums and 73% for family coverage. To help employees manage these costs more easily, some employers provide them with a stipend to cover out-of-pocket expenses. Here is how it works:. Premiums […]

Car insurance rates can fluctuate based on a variety of outside influences, including at-fault accidents and making multiple claims. Your location, adding drivers or increasing coverage may also cause your rates to change. One way to reduce car insurance premiums is to raise the deductibles, but make sure it remains an amount you can comfortably […]

Blue Cross or Aetna insurers hold Medicare contracts with each county in which they operate, providing at least one benefit package and often more. These contracts establish plan revenues and profits through risk-adjustment mechanisms. These plans combine your Part A, B and, if applicable, D Medicare coverage into one plan and comply with Medicare rules […]

Cataract surgery is an increasingly common medical procedure that helps improve vision in those suffering from cataracts. Unfortunately, however, cataract surgeries are costly; Medicare beneficiaries frequently incur out-of-pocket expenses for their procedures. At cataract surgery, your surgeon makes small incisions in your eye before using ultrasound waves to break up and suction out cloudy lenses […]

If you want to buy life insurance on someone who is dying, there are a few different strategies you could pursue. But for an impartial viewpoint and proper guidance it is vitally important to speak with an independent fee-only fiduciary financial advisor first. Keep in mind that any attempt at concealing information or lying on […]

Whole life insurance provides coverage that lasts the entirety of an insured person’s lifetime and provides guaranteed death benefits and premiums that don’t fluctuate over time. Universal life insurance provides greater flexibility when it comes to premium payments, making this an attractive solution for individuals experiencing income fluctuations or lifestyle shifts. Premiums If you’re shopping […]

Car insurance providers typically prioritize vehicle owners in case of an accident, and it is usually not possible to insure someone else’s car unless there can be proof of an insurable interest. In general, this means either being related to or living in the same household as its owner; however, other options exist as well. […]

Homeowners insurance can help homeowners manage the expense associated with roof repair costs. Under an open peril or named peril policy, an insurer may cover some or all of these costs to repair or replace an damaged roof. Property owners need to prepare themselves by gathering all the necessary documents, hiring an experienced contractor and […]

Your insurer’s guidelines will dictate whether a permit driver must be added to your policy or not, although most expect them to be covered under their parents or guardians’ policies since they have limited driving experience. However, if a young driver owns their own car titled under their own name or lives at a permanent […]