• long term care insurance

    How Long Term Care Insurance Works

    According to the U.S. Department of Health and Human Services, almost 70% of people aged 65 will require some kind of long-term care soon. Normal health insurance does not cater for long-term care costs. Medicare also won’t help because it will only cover a short stay in the nursing home or when you require specialized nursing care in a rehab. It does not pay for custodial care services, which includes help in performing day-to-day activities and supervision. If you need assistance and do not have insurance to...
  • long term care insurance

    Things to Know About Long Term Care Insurance

    It is possible that you have never thought about taking up long term care (LTC) insurance. While this kind of insurance may not look important during the prime years of life, it is bound to gain importance during your sunset years. Indeed, after age 60, one is more likely to suffer from dementia, a generative illness or a chronic illness that will require constant extended care either at a nursing home or at home. This is where LTC insurance comes in since, unlike general...
  • Mortgage Insurance Or Term Life Insurance

    Mortgage Insurance or Term Life Insurance

    You will definitely hear the term mortgage insurance in the process of seeking financing for your new home. It will be packaged as “protection for your family” although you will probably feel that it’s an unwelcomed guest looking to stretch tighter your already stretched budget. As a new or subsequent homebuyer, you already have a myriad of decisions and tasks concerning insurance. Yet there are two terms, “mortgage insurance”€ and “term life insurance”, that will give you a headache. It’s important to understand these...
  • Burial Insurance

    Burial Insurance for Cancer Patients

    Bad news. You have been diagnosed with cancer. Even more bad news, you are financially drained. From secondary procedures to cancer drugs, cancer treatment can be really expensive and will take a financial toll on anyone. This is especially the case if you did not have a medical cover. Well, there is light at the end of the tunnel. It is now possible to get burial insurance even after you have been diagnosed with cancer. Burial insurance ensures that your funeral expenses are covered in...
  • burial insurance

    Types of Burial Insurance

    Many people today have decided to purchase burial insurance to help protect their families. Deciding if this type of insurance is for you takes time. However, it is something you should consider. Known as final expense insurance, burial insurance is a specialized type of insurance that fulfills one purpose—covering final expenses. Some people may be reluctant to purchase this type of insurance, but it can be helpful to a large portion of the population. This is why it appeals to so many members of...
  • Burial Insurance

    Burial Insurance

    We don’t like to talk about death very often, therefore we’re often surprised by how much everything can cost. Headstones, flowers for the funeral, a casket or urn, labor fees to dig the burial site or run the cremation services—all of it adds up. Losing you will be hard enough for your loved ones, so if possible, you’ll want to help them avoid any financial stress surrounding your death. This is where burial insurance comes in. What is Burial Insurance? Burial insurance is a...
  • long term care insurance

    Long Term Care Insurance

    Ageing is inevitable. It is something that was programmed into our DNA since inception. It is therefore common knowledge that our health usually tends to deteriorate as we age. This is true even for those people who live a healthy lifestyle. This progressive deterioration of health might require long term care over an extended period of time, which might not be within the scope of short term covers. People who suffer from disabilities or have chronic illnesses may benefit from this long term insurance...
  • Term Life Insurance

    Simple Guide to Term Life Insurance

    The sad truth in life is that we all die. Fortunately, there are a few things you can do to ensure that your death is not as tragic. One of these things is purchasing life insurance coverage. Yes, getting the right life insurance policy may prove to be a tedious affair but trust me, this is not something you want to postpone. Follow along as we explore the most common type of life insurance and perhaps the most suitable for you: Term Life Insurance....
  • Term Life Insurance

    Term Life Insurance

    Life insurance is basically bought to replace one’s income in case they die; the money will cater for debts and day to day living costs of family members. A good example is where you and your partner own a home and it happens that you die, leaving your spouse to pay the outstanding mortgage on their own. Suppose you were already on a term life insurance plan, your spouse will benefit a great deal from the policy in terms of money to clear or...
  • cheap insurance

    Life Insurance: Is Cheap Insurance Good?

    There is a lot of consideration when it comes to the task of choosing life insurance. Having cheap insurance doesn’t necessarily mean that you will get the insurance coverage that you need. Getting life insurance that is budget-friendly is vital but so is choosing the proper life insurance that will cover your family’s needs in case of a misfortune. Low price, Low coverage The cost of life insurance might not be the same with the coverage that you are getting for that specific premium. This...
  • When Should You Invest In Life Insurance?

    Having life insurance is never a bad thing. However, you might be wondering whether or not you need to pay for a life insurance policy in your given circumstances. Before you decide you don’t need life insurance, consider this: the average cost of a funeral in America is roughly $10,000, and it’s only expected to increase. Add those costs to any additional expenses, and you’ll see the value of a life insurance policy. Although you shouldn’t treat your life insurance as you would a...
  • The Difference Between Permanent and Term Life Insurance

    An often asked question is “What type of life insurance is best?” The answer: it depends. There are different types of life insurance, like there are different types of ice cream, and every person has their own preference on flavor. Term Life Insurance Term insurance is life insurance in its purest form. You pay a premium and are covered for the term of your policy. The term can be anywhere from one year to over 30 years. After the term is up, you may...
  • Who Should Have Life Insurance?

    Life insurance policies have become cliche within the crime-drama genre on television. Everyone has seen a show in which a victim is killed by someone wishing to collect on a life insurance policy. If you take these shows seriously, you might come to the conclusion that it’s safer not to take out a life insurance policy. For many survivors, however, life insurance policies makes life easier. Do you need to consider getting a policy? Parents with Children Still at Home Parents with children still...
  • Life Insurance: How Much Do You Need?

    Almost everyone needs life insurance. If someone will be financially hurting if you pass away, you need life insurance. Determining if you need life insurance is easy; but, determining how much life insurance you may need is a little harder, and much more important. One thing to remember is that life insurance is there to replace you financially. Though you physically cannot be replaced, your lifetime’s income can. This guide should help you determine how much insurance you need. We’ll use a fictitious family...
  • What Are the Different Kinds of Life Insurance?

    Many people are already familiar with the benefits of health, car, and home insurance, but one of the most important forms of protection that a family can have is often neglected: life insurance. Today’s families often have two breadwinners who bring home income that should be protected against any tragic and unforeseen event. With the sudden loss of a primary wage earner’s income, the family can suffer devastating consequences. If you were to pass away today, would your family have the assets they need...
  • Unclaimed Life Insurance and How to Find Its Policies

    The United States has a large number of unclaimed life insurance benefits. In fact, there may be over $1 billion of unclaimed life insurance money, according to experts in the treasury department. How is this possible? Turns out, many people purchase life insurance policies, but they don’t tell their beneficiaries. Maybe they don’t want to talk about money, or maybe they just don’t want to bring up their death, but unfortunately, they never get around to telling their loved ones about the policies. When a policyholder...
  • Buying Life Insurance Online

    Opting into life insurance is always a good idea, although you might not want to take time off of work in order to make your way to the insurance office, just to fill out the necessary paperwork and answer whatever questions they might have. Due to this, it is important to look into other ways that fit into your time schedule. This is possible through the assistance of online life insurance providers. These life insurance providers are able to give you many of the...