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What are Out-of-Pocket Health Insurance Expenses?

What are Out-of-Pocket Health Insurance Expenses?

When comparing health insurance policies, one of the terms you will come across is “out-of-pocket expenses.” What are these? What does this mean and how does it impact what you will pay for the insurance plan? Sometimes, out-of-pocket expenses are called cost sharing....
Moving? Here’s what to do with your Homeowner’s Insurance.

Moving? Here’s what to do with your Homeowner’s Insurance.

Step 1: Get a new homeowner’s insurance policy To prevent any lapses of not having homeowner’s insurance coverage, it is highly recommended to have your new policy in motion before you cancel your old policy. In order to find the best coverage for your property, your...
Life Insurance: Frequently Asked Questions

Life Insurance: Frequently Asked Questions

What is life insurance? Life insurance is a contract between an insurer and a policyholder in which the insurer gives the policyholder a certain quantity of money to an assigned beneficiary upon the death of the insured person. While the policyholder is alive, they...
Why Your Child Should Have a Life Insurance Policy

Why Your Child Should Have a Life Insurance Policy

Having a child means you go over and beyond to protect them. Whether they lose a tooth or they are having difficulty in college, as a parent, you will always be there for them. So, when it comes to preparing for their future, why not purchase their life insurance at a...
Life Insurance: Frequently Asked Questions

Life Insurance: The Basics

Permanent Life, Term Life, and other Types of Life Insurance A variety of life insurance plans are available for you to choose from. Some of the most notable types and terms include: Permanent Life: Remains effective until the policyholder dies, surrenders the policy,...
Life Insurance: Frequently Asked Questions

Medicare Supplemental Insurance

What Additional Coverage does Medigap Provide? A Medigap policy generally provides coverage to cover any gaps among Medicare Part A and Medicare Part B Plans. Some additional coverage provided includes: Coinsurance Deductibles Copayments Healthcare outside the U.S....
Workers’ Compensation Insurance

Workers’ Compensation Insurance

The health and wellness of employees should be a top priority for all organizations. Still, even businesses that implement proper precautions and maintain a safe workplace may not always be able to prevent work-related illnesses and injuries completely. In the...
4 Ways Your Company Can Reduce Workers Compensation Claims

4 Ways Your Company Can Reduce Workers Compensation Claims

Business owners face a variety of costs that impact how successful their business is financially. From payroll cost to the cost of maintaining inventories, it’s important for business owners to steadily look for measures they can take to reduce the cost of...
How to Protect Your Home From Flooding: 9 Tips to Follow

How to Protect Your Home From Flooding: 9 Tips to Follow

When the time comes to buy a home, you’ll likely look at every aspect of your new neighborhood, the home itself, and any climate hazards that might be common in the area. If you’re house hunting in a location where there’s a high risk of flooding,...

Retirement Savings Options

n Individual Retirement Arrangements (IRA Plans) n IRA plans are one of the most commonly used savings options. They are individually established. IRAs give you significant tax breaks as you save money for your retirement. There are Traditional and Roth IRAs: n n n...

Watercraft Coverage Benefits

n Before you go on any adventures on this water this Summer, make sure that you have proper coverage. Check out these 4 benefits of watercraft and boat insurance: n n n Coverage for Bodily Injuries n n n In the event that a boating accident occurs, insurance can help...