Search Results

There’s quite a range of prices for Medicare supplement insurance (Medigap) policies, and there’s a good your health and the state where you reside, says Kiplinger’s recent article “How to Save on Medicare Supplement Insurance.” See if your insurer will allow you to switch to a less expensive policy. Reference: Kiplinger’s (August 4, 2016) “How to Save on Medicare Supplement Insurance” #Medicare #Medigap

Term life insurance will cover you for a certain period of time. This depends on how you want to use the insurance. If the company is a mutual insurer, there might also be annual dividends. Check on the financial strength ratings of the insurance companies you’re comparing. He or she can refer you to a qualified life insurance professional to help.

According to mysuburbanlife.com‘s recent article “Understanding Long Term Care Insurance,” the U.S. There are several things to consider and several types of LTC insurance to review before purchasing a This is based on the insurance company’s overall claim experience. Many insurance companies will offer LTC policies to individuals between 40 and 80 years of age. Reference: mysuburbanLife.com (April 7, 2016) “Understanding Long Term Care Insurance” #AssetProtection

that it’s a risk that she’s chosen to manage in part with life insurance. a nonprofit founded to help consumers make smart insurance decisions. It’s a rite of passage to buy life insurance before your first race. With term life insurance, many life insurance needs will expire, assuming that a family is on track to Term life insurance can be pretty inexpensive.

The insurance agent actually convinced the man to combine the funds from an IRA with non-qualified assets This story ends on a happy note because an experienced and forthright insurance agent was later able polite and trusting, often makes them marks for schemes by unscrupulous sales reps pushing inappropriate insurance /finra-securities-helpline-seniors if you believe you’ve been misled by a financial adviser or life insurance Standard (January 16, 2016) “Seniors, don’t get ripped off” #HoustonElderAbuse #HoustonFinancialAbuse #Insurance

article “3 life insurance mistakes you can easily avoid.” They cite three common mistakes that can be easily avoided or fixed: Not enough insurance. Of those who do have insurance, 50% have less than $100,000 in coverage. because the insurers will get those records, as well. However, what’s known as “three-corner life insurance”—where the owner, insured and beneficiary are all

One option would be hybrid long-term care insurance. These policies combine the benefits of an annuity or life insurance agreement with a traditional long-term the consumer has the guarantee of long term care benefits or, if no care is needed, the promise of insurance Unlike other insurance option you do not have to prove insurability by completing an application with Lastly, many single-premium whole life insurance policies have an attached long-term care rider.

Do I Need Long-Term Care Insurance? Without long-term care insurance, life can become particularly difficult. Long-term care insurance can be expensive, but it can end up saving your estate in the long run. Your Houston elder lawyer will be able to present you with a variety of options for long-term care insurance that will cover expenses between the time that it is determined you need long-term care and when your insurance

This is especially true for people without long-term care insurance. policy or other insurance benefits. We will also cover permanent life insurance and legal planning. More payment options, like benefits from life insurance policies, might be needed. Life Insurance Options: Riders and Benefits Some life insurance policies offer options that can help

US News’ recent article, “Pros and Cons of Whole Life Insurance,” says that life insurance is often First, decide whether term or permanent insurance is for you. insurance companies. Permanent life insurance has other benefits in addition to the death benefit. The goal is not to depend on life insurance in general or on any one particular type of life insurance

Look into purchasing a Medigap supplemental insurance policy to cover some of your out-of-pocket costs There’s also Medicare Advantage, which provides health coverage through a private insurer. Consider buying a long-term-care insurance policy.

More importantly, you can make your wishes known for the end of your life and ensure your legacy is solidified While the primary purpose of estate planning is to ensure you and your family are taken care of, you Fund Beneficiary: You can name a charity as a beneficiary of your retirement plan or life insurance,