Health Savings Accounts - Advantages and Disadvantages
HSA (Health Savings Accounts) can be combined with high deductible health insurance to provide a lot of benefits for some individuals and families. They do not work for everybody though. Do you need to compare individual health insurance? Learn how this type of health plan works to see if it can benefit you.
There are, again, 2 parts to these plans.
One is a higher deductible major medical insurance policy. The second part is the savings account.
The idea here is that the health insurance policy will cover the big bills. If the account gets funded, it provides the money to cover many bills that would not be included in a major medical policy, or it can pay bills until the deductible is reached.
There are some key advantages to having an H.S.A., but these will not benefit everybody. First look at some of the benefits. Then it will be easier to decide if you should be an H.S.A., PPO, or HMO!
The contributions the savings account will not be taxed if they are within current IRS limits. Since pre-taxed income can fund the account, this reduces tax bills. This makes that money go further.
Cash in the account will roll over if it doesn't get spent. Hopefully, this gives a family or individual the opportunity to set aside enough money to help them with medical expenses. Some accounts even earn interest just like regular savings accounts.
In addition, the account may be used to pay for some health care costs that would not even be covered by major medical insurance. Consider some of these health expenses that may not be covered under a major medical plan. They could include vision and dental care, natural supplements, etc. Make sure you consult current tax rules and specific plans to see how the money can be spent.
Because the actual H.S.A. major medical comes with a larger yearly deductible, so the rates should be lower. Some insurers relax underwriting rules a bit for higher deducible insurance so there is also a chance that more people would be accepted. For those who are accepted, but may have some minor health conditions, there may be a better chance they will only have to pay standard rates.
By now, you may have figured out that some people can realize a big benefit from this type of plan. If you need an additional tax deduction, this is a great way to get it while saving for future health expenses. An H.S.A. also allows you to control your costs by paying less for major medical while saving for future expenses in a way that gives you tax advantages.
A health savings account can combine with a higher deductible major medical plan to benefit a disciplined saver who can benefit from tax deductions. The cash account will keep growing, so it can continue to grow from year to year. At retirement age, the money can be withdrawn with no penalty.
As mentioned before, these plans do not work out that well for everybody. The actual cash account can only help if there is actually cash there. If a plan member never makes deposits, there will not be any cash in the account when bills need to get paid, and there will not be any tax deductions!
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Wednesday, November 03, 2010
Wednesday, October 13, 2010
Would You Be Happy In A Mobile Home?
Would You Be Happy In A Mobile Home?
More and more home buyers are turning to mobile and manufactured homes instead of traditional houses made of wood or bricks. This may seem extreme, especially if you are not familiar with modern alternative houses. Consider some of the reasons why people want to live in a factory built home!
Who decides to buy a mobile home? Retired people may choose to sell their old house and then replace it with a mobile home. While this trend is more common with older people, some younger folks are also embracing the idea. There are advantages to owning a solid and fixed home, but there are also many disadvantages.
You may think of camping when you picture mobile homes. You may need to update your ideas. The newest models come with many luxuries, including a good use of space and modern appliances. Some are nicer than houses.
Beyond the home iteself, if you park in a good place, you may be able to take advantage of a lot of amenities. Some of the best mobile home parks rival fine resorts. They offer swimming, exercise, community rooms, and more. These perks may be much better than anything you can find in a neighborhood at a modest price!
This may be a tough thing for many home owners to understand. Look at some of the advantages we have heard.
These days, everybody wants to save some money. The job market is slow and house prices are not rising. A new mobile home, with lots of luxuries, will be a lot cheaper than a modest brick and mortar house. This is one of the biggest advantages for many buyers.
They also cost less to repair and keep up. For example, it costs a lot less to replacce the roof of a mobile or manufactured home than it does to rebuild a traditional roof. You can order and install many parts. You will not have to hire a builder to do the job. The expense of repairs and upkeep forces many people out of their houses.
You will not have to wait as long to move in either! You can wait for months before your new house is constructed. Even if you purchase a home that is already built, it could take a long time to close. You can order your new manufactured or mobile home, and then you can move in days later.
While interest rates on loans may be hire than home mortgages, you may not have a lot of closing costs either.
Your insurance bill could be high or low depending upon what type of manufactured home you buy and where it is located. Look into Mobile Home Insurance Discounts. This will give you an idea of which sorts of choices are more expensive or cheaper to insure.
Mobile home living also has some disadvantages. If the area you want to live in has bad storms, you might worry about safety. Some mobile homes are simple to move. But manufactured homes may need to be taken apart and hauled on a semi. Where houses are expected to appreciate, mobile homes may depreciate.
Mobile home living is not the best choice for everybody. But you should compare alternatives in order to find the best place for your family to live!
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Do you need to cut costs where you live? Get the best rates from top homeowners insurance companies!
Best Homeowners Insurance Rates
Mobile Homes
More and more home buyers are turning to mobile and manufactured homes instead of traditional houses made of wood or bricks. This may seem extreme, especially if you are not familiar with modern alternative houses. Consider some of the reasons why people want to live in a factory built home!
Who decides to buy a mobile home? Retired people may choose to sell their old house and then replace it with a mobile home. While this trend is more common with older people, some younger folks are also embracing the idea. There are advantages to owning a solid and fixed home, but there are also many disadvantages.
You may think of camping when you picture mobile homes. You may need to update your ideas. The newest models come with many luxuries, including a good use of space and modern appliances. Some are nicer than houses.
Beyond the home iteself, if you park in a good place, you may be able to take advantage of a lot of amenities. Some of the best mobile home parks rival fine resorts. They offer swimming, exercise, community rooms, and more. These perks may be much better than anything you can find in a neighborhood at a modest price!
This may be a tough thing for many home owners to understand. Look at some of the advantages we have heard.
These days, everybody wants to save some money. The job market is slow and house prices are not rising. A new mobile home, with lots of luxuries, will be a lot cheaper than a modest brick and mortar house. This is one of the biggest advantages for many buyers.
They also cost less to repair and keep up. For example, it costs a lot less to replacce the roof of a mobile or manufactured home than it does to rebuild a traditional roof. You can order and install many parts. You will not have to hire a builder to do the job. The expense of repairs and upkeep forces many people out of their houses.
You will not have to wait as long to move in either! You can wait for months before your new house is constructed. Even if you purchase a home that is already built, it could take a long time to close. You can order your new manufactured or mobile home, and then you can move in days later.
While interest rates on loans may be hire than home mortgages, you may not have a lot of closing costs either.
Your insurance bill could be high or low depending upon what type of manufactured home you buy and where it is located. Look into Mobile Home Insurance Discounts. This will give you an idea of which sorts of choices are more expensive or cheaper to insure.
Mobile home living also has some disadvantages. If the area you want to live in has bad storms, you might worry about safety. Some mobile homes are simple to move. But manufactured homes may need to be taken apart and hauled on a semi. Where houses are expected to appreciate, mobile homes may depreciate.
Mobile home living is not the best choice for everybody. But you should compare alternatives in order to find the best place for your family to live!
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Do you need to cut costs where you live? Get the best rates from top homeowners insurance companies!
Best Homeowners Insurance Rates
Mobile Homes
Tuesday, September 28, 2010
How Do Online Car Insurance Quotes Work?
Are you satisfied with your auto policy?
At some point, most of us get notified of an auto insurance premium increase and wonder if another insurer will be cheaper. Or, we may not be satisfied with the claims process after a wreck and wonder if another company would be faster and better at handling our business. A quick car insurance quote is one way to compare competitive policies and prices in your area.
You simply fill out a quick form which asks you some basic questions like where you live, what type of car you drive, etc. It takes about 4 minutes. What do you get back for your time? Well, you get competititve auto insurance quotes online, plus the contact information for eager local agents in case you have questions.
Fast and free car insurance policy quotes can save you money. They can also save you time over having to do all that insurance research without the help of an online system. Thousands of drivers are finding good coverage at an affordable price with online car insurance quotes - why not you?
At some point, most of us get notified of an auto insurance premium increase and wonder if another insurer will be cheaper. Or, we may not be satisfied with the claims process after a wreck and wonder if another company would be faster and better at handling our business. A quick car insurance quote is one way to compare competitive policies and prices in your area.
You simply fill out a quick form which asks you some basic questions like where you live, what type of car you drive, etc. It takes about 4 minutes. What do you get back for your time? Well, you get competititve auto insurance quotes online, plus the contact information for eager local agents in case you have questions.
Fast and free car insurance policy quotes can save you money. They can also save you time over having to do all that insurance research without the help of an online system. Thousands of drivers are finding good coverage at an affordable price with online car insurance quotes - why not you?
Saturday, September 11, 2010
Lower Cost Home Insurance
Got The High Home Policy Blues?
Experts always tell us to evaluate our policies every year or so. This may seem like a lot of trouble, but there are actually some good reasons for this advice.
1. Things may have changed in your home that will affect your coverage and your premiums. This could go either way. For example, if you just tossed out your old 19 inch TV in favor of an expensive home entertainment system, you may not be covered well enough. On the other hand, if you did some home repairs or added a security system, you could be paying too much. You need to make sure you are well covered, but also taking advatage of homeowners discounts!
2. The market changes too. Another insurer may be more competitive or friendlier to a home ower like you!
Does this all seem too complicated?
Try finding a good insurance agent who can help you evaluate your coverage! You can also use online insurance rate quote forms which will show you competitive home insurers in your area. They also provide contact information for local agents who are eager to compete for your business.
This is true if you are a home owner, but it also applies to renters, landlords, and condo owners!
Experts always tell us to evaluate our policies every year or so. This may seem like a lot of trouble, but there are actually some good reasons for this advice.
1. Things may have changed in your home that will affect your coverage and your premiums. This could go either way. For example, if you just tossed out your old 19 inch TV in favor of an expensive home entertainment system, you may not be covered well enough. On the other hand, if you did some home repairs or added a security system, you could be paying too much. You need to make sure you are well covered, but also taking advatage of homeowners discounts!
2. The market changes too. Another insurer may be more competitive or friendlier to a home ower like you!
Does this all seem too complicated?
Try finding a good insurance agent who can help you evaluate your coverage! You can also use online insurance rate quote forms which will show you competitive home insurers in your area. They also provide contact information for local agents who are eager to compete for your business.
This is true if you are a home owner, but it also applies to renters, landlords, and condo owners!
Monday, July 19, 2010
Online Insurnace Quotes Save Time and Money!
Do Online Insurance Rate Quotes Work?
Online insurance quotes are not shady at all. Oh, please be careful and look for the forms that have 3rd party verification (i.e. Better Business Bureau) and run on a secure severe. Just like anything, it pays to go with trusted firms.
What you will get is an easier way to compare different policies and plans. This is true if you are looking for home, car, or life insurance! The forms take less than 5 minutes to fill out, and some take just a few clicks. What you will get are a few insurers that do business in your area that are eager to work for your business because they are out there competing in the competitive online market place!
If you would like to see if you could find a better insurance rate, try it! It is free, it takes less than 5 minutes, and it can really save you hundreds of dollars a years on your premums.
Online insurance quotes are not shady at all. Oh, please be careful and look for the forms that have 3rd party verification (i.e. Better Business Bureau) and run on a secure severe. Just like anything, it pays to go with trusted firms.
What you will get is an easier way to compare different policies and plans. This is true if you are looking for home, car, or life insurance! The forms take less than 5 minutes to fill out, and some take just a few clicks. What you will get are a few insurers that do business in your area that are eager to work for your business because they are out there competing in the competitive online market place!
If you would like to see if you could find a better insurance rate, try it! It is free, it takes less than 5 minutes, and it can really save you hundreds of dollars a years on your premums.
Sunday, July 04, 2010
Getting Elderly People Life Insurance Policies
Do older people need to cover their lives?
You may be surprised to note that life insurance for the elderly is actually a pretty popular topic. Contrary to popular belief, not everybody outlives their need for a policy when they turn 65, 75, or even passes into their 80's!
Why do older people look for coverage?
There are some valid reason that an older person could benefit from coverage. They range from personal reasons like concerns over affording the high cost of funerals to business reasons like guaranteeing financing arrangements.
The first thing to consider is the reason that you think an older person needs a policy. Is it for the transfer or an estate, business reasons, or simply to make sure end of life expenses can be paid? Once you have figured out what you hope to gain with a policy, you can move onto narrowing down your search to the type and amount of coverage you may want to find.
Note that insurers differ, and it is important to find the top rated company with policies that are friendly to a customer like you! Many seniors choose whole life, while others are happy to find term life for older people!
The good news is that you can find life insurance for older people. Insurers are more willing to extend coverage to older people, and some rates are dropping!
You may be surprised to note that life insurance for the elderly is actually a pretty popular topic. Contrary to popular belief, not everybody outlives their need for a policy when they turn 65, 75, or even passes into their 80's!
Why do older people look for coverage?
There are some valid reason that an older person could benefit from coverage. They range from personal reasons like concerns over affording the high cost of funerals to business reasons like guaranteeing financing arrangements.
The first thing to consider is the reason that you think an older person needs a policy. Is it for the transfer or an estate, business reasons, or simply to make sure end of life expenses can be paid? Once you have figured out what you hope to gain with a policy, you can move onto narrowing down your search to the type and amount of coverage you may want to find.
Note that insurers differ, and it is important to find the top rated company with policies that are friendly to a customer like you! Many seniors choose whole life, while others are happy to find term life for older people!
The good news is that you can find life insurance for older people. Insurers are more willing to extend coverage to older people, and some rates are dropping!
Wednesday, June 16, 2010
4 Real Ways To Save Money On Auto Insurance
Why Not Get Cheap Auto Insurance?
Just because you have to pay car insurance premiums every month does not mean you need to pay too much. And I am not talking abougt purchasing your coverage from Joe's Shady Insurance either! I am talking about getting coverage from a top quality company like Essurance , State Farm, or Progressive!
1. Compare and Save! Sometimes Esurrance will be the cheapest, but sometimes another company who is not known as a discounter will actually give you the best deal because they may have discounts you can take advantage of. I did better with an insurer who had a sweet discount for home and auto discouts.
2. Look for discounts for things you already do, or for things that are easy to do. That means, when you are looking for another auto, be aware of safety features or anti-theft devices that can earn you big price breaks. Can you sit through a defensive driving course for a few hours? It can be worth a 10 - 15% discount on your premiums, and this really adds up over a year. If you need to cover your home too, the home and car discount is one of the most popular way to get a generous discount from SOME insurers!
3. If your vehicle is older and paid off, consider cutting down to the required liability insurance. This can be a little risky because you will have to be responsible for the whole cost if you cause the wreck. But when you car gets that old, it may get totalled at book value for the most minor damage anyay.
4. If you got a rate increase, find out why! If you got hit with a big increase, call your insurer to get the details. Knowledge is power. Do you know that some major insurers will raise your rates for a poor credit score, not matter how perfect your claims history is? If that is your case, it may be time shop with another insurer who treasures your great driving record.
Do you need help shopping for a new policy?
Our web quote forms make it easy to compare multiple insurance companies in a jiffy.
Just because you have to pay car insurance premiums every month does not mean you need to pay too much. And I am not talking abougt purchasing your coverage from Joe's Shady Insurance either! I am talking about getting coverage from a top quality company like Essurance , State Farm, or Progressive!
1. Compare and Save! Sometimes Esurrance will be the cheapest, but sometimes another company who is not known as a discounter will actually give you the best deal because they may have discounts you can take advantage of. I did better with an insurer who had a sweet discount for home and auto discouts.
2. Look for discounts for things you already do, or for things that are easy to do. That means, when you are looking for another auto, be aware of safety features or anti-theft devices that can earn you big price breaks. Can you sit through a defensive driving course for a few hours? It can be worth a 10 - 15% discount on your premiums, and this really adds up over a year. If you need to cover your home too, the home and car discount is one of the most popular way to get a generous discount from SOME insurers!
3. If your vehicle is older and paid off, consider cutting down to the required liability insurance. This can be a little risky because you will have to be responsible for the whole cost if you cause the wreck. But when you car gets that old, it may get totalled at book value for the most minor damage anyay.
4. If you got a rate increase, find out why! If you got hit with a big increase, call your insurer to get the details. Knowledge is power. Do you know that some major insurers will raise your rates for a poor credit score, not matter how perfect your claims history is? If that is your case, it may be time shop with another insurer who treasures your great driving record.
Do you need help shopping for a new policy?
Our web quote forms make it easy to compare multiple insurance companies in a jiffy.
Sunday, May 30, 2010
Texas Health Insurance
Looking For Major Medical Insurance In Texas?
To help you in your search for Texas Health Insurance Providers, you may be interested in the rating list from US News and World Report. They ranked companies based upon several factors, which include their success at preventing and controlling disease ad customer satisfaction.
Keep in mind that this list only goes so far. For one thing, not all plans are marketed in all areas, and not all are open to everybody. For example, a Humana plan in Austin Texas made the top of the list. This plan would be different in Dallas, Houston, San Antonio or El Paso!
You also must consider your budget. The best health plan is one you can qualify for, afford, and which provides quality coverage to protect your health and pocket book! No health insurance will help you if you cannot afford to keep it active, and if it does not help you access affordable health care!
Unemployment Heath Insurance
Unemployment health insurance options are in Texas too. COBRA, Medicaid, CHIPS and other programs can help you find coverage if you are out of work, have a very low income, or need to cover kids or a pregnant woman!
Find The Right Texas Health Insurance For You
The easiest way to compare plans and prices is to run some online health insurance quotes with a safe internet form. Find online health insurance here. It takes less than 5 minutes for most people to fill out the form, and you can find the insurers who want to do business with a Texan like you!
To help you in your search for Texas Health Insurance Providers, you may be interested in the rating list from US News and World Report. They ranked companies based upon several factors, which include their success at preventing and controlling disease ad customer satisfaction.
Keep in mind that this list only goes so far. For one thing, not all plans are marketed in all areas, and not all are open to everybody. For example, a Humana plan in Austin Texas made the top of the list. This plan would be different in Dallas, Houston, San Antonio or El Paso!
You also must consider your budget. The best health plan is one you can qualify for, afford, and which provides quality coverage to protect your health and pocket book! No health insurance will help you if you cannot afford to keep it active, and if it does not help you access affordable health care!
Unemployment Heath Insurance
Unemployment health insurance options are in Texas too. COBRA, Medicaid, CHIPS and other programs can help you find coverage if you are out of work, have a very low income, or need to cover kids or a pregnant woman!
Find The Right Texas Health Insurance For You
The easiest way to compare plans and prices is to run some online health insurance quotes with a safe internet form. Find online health insurance here. It takes less than 5 minutes for most people to fill out the form, and you can find the insurers who want to do business with a Texan like you!
Thursday, May 27, 2010
Buy The Best Life Insurance Policy
Get your policy from one of the top life insurance companies.
Find online life insurance today.
Most of us know that we should have life insurance. If anything would happen to us, we want to make sure that the people who depend upon us are not left without any means to support themselves. Beyond that, we do not want our deaths to cause a financial hardship for our families. We want to be sure that our funerals are paid for and our debts can be settled without causing our spouses or kids to get strapped for cash.
Find online life insurance today.
Most of us know that we should have life insurance. If anything would happen to us, we want to make sure that the people who depend upon us are not left without any means to support themselves. Beyond that, we do not want our deaths to cause a financial hardship for our families. We want to be sure that our funerals are paid for and our debts can be settled without causing our spouses or kids to get strapped for cash.
It is not a matter of deciding if we need life insurance most of the time. It is more a matter of determining with product we should buy. This can seem complicated and time consuming, and I am sure that is why many people put it off.
But some simple tips can help you find the best policy for you. You can protect your family with coverage from a top insurer. In addition, you can find a premium that will fit your budget. After all, no policy will help you if you end up terminating the policy because you cannot afford to pay for it!
Nobody can make a blanket statement about which company is best. Insurance is regulated at the state level, for one thing. In addition, rates may even be set at the local level. What does this mean? It means that the policy your cousin in New York purchased may not even be sold in New Jersey. And if it is sold, the rates may be very different.
You will want to compare a few important things in order to make sure you are satisfied with your coverage. You want one of the top insurers who is financially stable and has great customer service. You can find out a lot about these things by searching the internet these days.
You will also want to be sure you are purchasing the right type of insurance. This will depend upon your own goals.
And finally, you will want to avoid overpaying for your policy. Different insurers have different rate scales, and you will want to look for a company that is friendly to a person like you.
And age, health, the amount of coverage you want to buy, and the actual insurance company will determine your rates. So the company your neighbor bought from may not be the right insurer for you either.
Do not assume that all insurers are the same either. We researched 20 year term policies for a 40 year old man in our area. We found premium differences of hundreds of dollars a year for the same $100,000 policy. This added up to thousands of dollars over the course of 20 years.
So it is important to compare premiums in your area. This used to be hard because you had to set appointments with multiple agents, give them all of your private information, and probably sit through sales presentations.
The interenet makes this a lot simpler. You can simply enter in some basic information to an online form. This takes a few minutes. After that, you will get multiple life insurance quotes returned to your home PC. This is a great way to save time and money when you are shopping for a life policy.
Buy The Best Insurance
Thursday, May 13, 2010
Return of Premium Term Life
Mortgage Life Insurance With Return of Premium
What is Mortgage Life Insurance? Mortgage Insurance or Mortgage Life is simply a term life policy that has been designed for homeowners. It is usually marketed to new homeowners, or those who have refinanced recently. By recently, it usually means within the last year or so, though some of these products can be purchase by those with older mortgages.
It is usually designed to have a term of years that closely matches the length of the mortgage, in increments of 10, 15, 20, or 30 years. The face value of the insurance policy will usually start at the amount of the loan, though most companies will allow a range of face values. For instance, if a spouse has income, a family may not need to the entire amount of the face value to protect itself. On the other hand, if the family has high expenses, they may desire a higher face value than just the amount of the mortgage.
No Medical Exam Life
Mortgage Life is often sold with a promise that the applicant will not need a medical exam. This sounds good, but health questions must still be answered on a detailed life insurance application. So it won't give health insurance to those with serious health conditions. However, for people with minor health issues, it may speed up the underwriting process. In fact, underwriting is often based on credit, and the fact that the applicant has just qualified for a new mortgage, eases that requirement, so some health requirements may be relaxed.
In any case, for busy people, this really speeds up the life insurance application process! It takes time for medical exam information to get returned to a life insurance policy, and for that information to get processed by a life insurance underwriter.
Return Of Premium or ROP
The Return of Premium Feature is called a rider. It will cost more than the base policy, but it provides an attractive benefit! If the insured person survives the policy, they will get the whole value of the premiums paid back. For a policy term that lasts decades, those monthly premiums can really add up! This is a great way to buy insurance, plus get back a nice check just in time for retirement!
Would you like to know how much a policy will cost you?
You can quote no medical life insurance with our online forms.
We would also like to share more about Return of Premium Term Life too.
Article Source: Insurance Articles
http://EzineArticles.com/?Mortgage-Life-Insurance-With-Return-of-Premium&id=587671
Tuesday, May 04, 2010
Why Buy Renters Insurance
Renters Insurance is Key When Living in an Apartment
Renters Insurance vs. Homeowners Insurance Policies
When people who own the home they live in purchase a homeowners policy, they focus on protecting a very large asset. The actual building they live in is covered. But homeowners insurance policies also provide a package of protection, so it contains contents insurance, liability, and relocation protection.
Many renters feel as if they do not need insurance because they do not own the building they live in But they still have risks that they should consider. If you rent a house or apartment, your home is still probably filled with all of your belongings. You have furniture, tv sets, laptops, jewelry, and other personal property in that home!
Contents Insurance For Renters
The value of this probably is often underestimated. You probably did not go out and buy everything in a day or two. You own property you have accumulated over a span of years. If you had to go to stores to replace it, how much would it cost you?
I hear a lot of stories of apartment dwellers losing a lot of property because of theft. A friend of mine lost a CD collection worth thousands of dollars. Since he did not have any renter's insurance, he lost the whole value of his collection. A very cheap policy could have covered this.
You may think it is not big loss, and that people can live without recorded music for awhile. But what if the robber took a laptop he needed for work, his tv set, or all of his furniture. That would be more than inconvenient for most of us.
Make sure the contents of your home is covered at the replacement value, and not the current value. Your big screen tv might only be worth $100 at a garage sale if you wanted to sell it today. But you probably do not want to comb thrift stores or garage sales to replace it. If you had to buy a new one at the store, it will cost you hundreds of dollars to replace!
Liability Insurance For Renters
in today's society, lawsuits are common. A good renter's insurance policy can have your back if a visitor to your home claims something you neglected to do caused them damage It would be far better, in my opinion, to have the support of a top insurer if you were faced by a claim like this.
Relocation
If the house or apartment you live in suffers damage, you may have to move very quickly. Even if you do not own your home so you do not have to pay for repairs, you still need to pay to move into another home. I see stories like this on the news all of the time. A fire or storm damages an apartment complex, and most of the residents have no where to go. If these people had a policy, their insurer could be finding them motel rooms for the night, and then go on to help them find alternative housing later.
A good renters insurance policy should include a provision to help you find housing. If your rented home is damaged so you cannot live in it, it will be very helpful to know that your insurer will find you temporary housing, cover moving costs, and also make sure you can get settled into another place to live.
Do you need cheap renters insurance?
Find home contents insurance in your local area with our insurance rate quotes.
Renters Insurance vs. Homeowners Insurance Policies
When people who own the home they live in purchase a homeowners policy, they focus on protecting a very large asset. The actual building they live in is covered. But homeowners insurance policies also provide a package of protection, so it contains contents insurance, liability, and relocation protection.
Many renters feel as if they do not need insurance because they do not own the building they live in But they still have risks that they should consider. If you rent a house or apartment, your home is still probably filled with all of your belongings. You have furniture, tv sets, laptops, jewelry, and other personal property in that home!
Contents Insurance For Renters
The value of this probably is often underestimated. You probably did not go out and buy everything in a day or two. You own property you have accumulated over a span of years. If you had to go to stores to replace it, how much would it cost you?
I hear a lot of stories of apartment dwellers losing a lot of property because of theft. A friend of mine lost a CD collection worth thousands of dollars. Since he did not have any renter's insurance, he lost the whole value of his collection. A very cheap policy could have covered this.
You may think it is not big loss, and that people can live without recorded music for awhile. But what if the robber took a laptop he needed for work, his tv set, or all of his furniture. That would be more than inconvenient for most of us.
Make sure the contents of your home is covered at the replacement value, and not the current value. Your big screen tv might only be worth $100 at a garage sale if you wanted to sell it today. But you probably do not want to comb thrift stores or garage sales to replace it. If you had to buy a new one at the store, it will cost you hundreds of dollars to replace!
Liability Insurance For Renters
in today's society, lawsuits are common. A good renter's insurance policy can have your back if a visitor to your home claims something you neglected to do caused them damage It would be far better, in my opinion, to have the support of a top insurer if you were faced by a claim like this.
Relocation
If the house or apartment you live in suffers damage, you may have to move very quickly. Even if you do not own your home so you do not have to pay for repairs, you still need to pay to move into another home. I see stories like this on the news all of the time. A fire or storm damages an apartment complex, and most of the residents have no where to go. If these people had a policy, their insurer could be finding them motel rooms for the night, and then go on to help them find alternative housing later.
A good renters insurance policy should include a provision to help you find housing. If your rented home is damaged so you cannot live in it, it will be very helpful to know that your insurer will find you temporary housing, cover moving costs, and also make sure you can get settled into another place to live.
Do you need cheap renters insurance?
Find home contents insurance in your local area with our insurance rate quotes.
Friday, April 30, 2010
Beware Health Reform or "Obama" "Insurance" Scams
It seems that the passage of health reform has barely been put in force, but a new wave of scammers are out to play upon the media attention and misinformation. This article has nothing to do with health reform, but with health insurance scams to be wary of.
Note: If you would like an easy way to compare actual major medical health insurance in your area, we suggest looking at Best Health Plans. If you want to research Medicare Health Plans, visit: Best Medicare Plans.
Some Health Care Plans To Be Wary Of
If you get a call suggesting that somebody is working for the government or "Obamacare", and wants to talk to you about your health insurance benefits be vary wary. Some shady salespeople have used these buzzwords as a way to get in the door.
If you see a TV advertisement (I have) or something similar, suggesting that an inexpensive health plan has something to do with health reform, beware! There should not be anything like that out there yet. A lot of these are health discount plans, and they are not true health insurance from major insurers. Before you buy anything, and especially before you cancel any existing health insurance,make sure you know something about the company you are buying from!
Get more information about some misinformation, misleading ads, and downright scams here: Obama Health Insurance Scams
By the way, just because I associated President Obama's name with these scams, does not mean I'm not a fan. Change is painful sometimes. I just want consumers to be aware that people are using our President's name and the notion of health reform to mislead unwary consumers.
Note: If you would like an easy way to compare actual major medical health insurance in your area, we suggest looking at Best Health Plans. If you want to research Medicare Health Plans, visit: Best Medicare Plans.
Some Health Care Plans To Be Wary Of
If you get a call suggesting that somebody is working for the government or "Obamacare", and wants to talk to you about your health insurance benefits be vary wary. Some shady salespeople have used these buzzwords as a way to get in the door.
If you see a TV advertisement (I have) or something similar, suggesting that an inexpensive health plan has something to do with health reform, beware! There should not be anything like that out there yet. A lot of these are health discount plans, and they are not true health insurance from major insurers. Before you buy anything, and especially before you cancel any existing health insurance,make sure you know something about the company you are buying from!
Get more information about some misinformation, misleading ads, and downright scams here: Obama Health Insurance Scams
By the way, just because I associated President Obama's name with these scams, does not mean I'm not a fan. Change is painful sometimes. I just want consumers to be aware that people are using our President's name and the notion of health reform to mislead unwary consumers.
Wednesday, April 07, 2010
Final Expense Insurance Quotes
What is Burial Insurance?
Most people use the terms - final expense or burial insurance - to refer to a smaller face value whole life insurance policy. The death benefits usually range from $2,500 - $25,000 - and a lot of people buy coverage in the middle of that range. They are meant to provide a family with money to deal with funerals and burials, plus other expenses that may come up.
Since the beneficiary can get cash, they can really use the money in any way they see fit. For instance, they may use extra money to help pay for travel, lost time at work, or housing for guests.
Many funeral homes recognize the top funeral expense companies, and so they will accept these policies and work with the beneficiaries on payment arrangements.
If you are interested in coverage like this, we can help you find life insurance for older people with online quote forms.
It is a good idea to shop around, rather than just taking the first policy you find. Some agents will be able to compare quotes from top companies, or an online comparison shopping form may help!
Learn more about planning for final expenses.
Most people use the terms - final expense or burial insurance - to refer to a smaller face value whole life insurance policy. The death benefits usually range from $2,500 - $25,000 - and a lot of people buy coverage in the middle of that range. They are meant to provide a family with money to deal with funerals and burials, plus other expenses that may come up.
Since the beneficiary can get cash, they can really use the money in any way they see fit. For instance, they may use extra money to help pay for travel, lost time at work, or housing for guests.
Many funeral homes recognize the top funeral expense companies, and so they will accept these policies and work with the beneficiaries on payment arrangements.
If you are interested in coverage like this, we can help you find life insurance for older people with online quote forms.
It is a good idea to shop around, rather than just taking the first policy you find. Some agents will be able to compare quotes from top companies, or an online comparison shopping form may help!
Learn more about planning for final expenses.
Tuesday, March 30, 2010
Finding Maternity Health Coverage
How do you find maternity health insurance?
One big concern a lot of younger families have is how to afford a pregnancy. All of the well care, doctor's visits, tests, and hospital stays for a normal birth cost thousands of dollars. If extra care is needed, that number can multiple quickly. How do you find some insurance to help cover these costs, and also to make sure your baby is covered after he or she is born?
Group medical plans cover a lot of people, and that is a typical answer. If one spouse has a job with an employer who offers group health, that is a simple solution to this problem. However, millions of people are self employed, contract workers, unemployed, or just work at a job that does not have these benefits!
Individual health insurance is probably the second answer. But while complications of pregnancy should be covered under the medical insurance, routine pregnancy is not usually included. If it is, it is probably a rider (option) with an extra cost.
Go Here To Look For Good Health Insurance.
If you, or your spouse, is already pregnant and without coverage - individual major medical is out of the question in any case. They will certainly not accept the risk of covering a new applicant who is already pregnant. But if you have no health insurance, you still have some more options.
You may get help from CHIPS or Medicaid if you income is low to moderate. You may also be able to use a county health system, low cost clinics, or find financial assistance from a private charity. PPARX.org has some good resources.
Some hospitals and/or doctors have payment plans if your income and assets are higher.
Sunday, March 21, 2010
Buy Good Insurance
If you need to shop for insurance, you probably want to do one of two things:
In Person: To talk to a licensed pro, you want to find a good insurance agent who can help you buy a policy that satisfies your needs. They should not be too anxious to sell you one specific policy. They should be willing to listen to you, and then suggest solutions that will be good fits for a situation like yours!
Shop Online: You can also search for good insurance online with a variety of useful resources. Company rating sites can give you a picture of each insurers financial stability. Compaint and customer satisfaction websites can help you discover how other people feel about each company. And online insurance quotes can give you a fast way to compare prices!
You may also want to mix these two options. You can use the internet to start your search, and then talk to a pro once you have narrowed down your options. This may be the best solution to save you time and money, but also to make sure you have purchased the best product for your family's security!
In Person: To talk to a licensed pro, you want to find a good insurance agent who can help you buy a policy that satisfies your needs. They should not be too anxious to sell you one specific policy. They should be willing to listen to you, and then suggest solutions that will be good fits for a situation like yours!
Shop Online: You can also search for good insurance online with a variety of useful resources. Company rating sites can give you a picture of each insurers financial stability. Compaint and customer satisfaction websites can help you discover how other people feel about each company. And online insurance quotes can give you a fast way to compare prices!
You may also want to mix these two options. You can use the internet to start your search, and then talk to a pro once you have narrowed down your options. This may be the best solution to save you time and money, but also to make sure you have purchased the best product for your family's security!
Monday, March 15, 2010
Save Money On Insurance
Sometimes it seems like a large part of our monthly expenses are allocated to pay insurance premiums. If you spend a couple of hundred dollars a month for home and auto coverage, or if you spend $1,000 a month on auto, home, life, and health insurance, even a small savings can add up to hundreds of dollars a year.
Most of us need to drive, and so we need to cover our autos. You can save money on car insurance by following a couple of simple rules.
Shop around for car insurance quotes - car insurance companies have to do business in a very tough business climate. Take advantage of that, as a consumer, by price shopping. If your old company is not showing you any loyalty by reducing your price, than you may get a much better deal from another top rated auto insurance company that is eager for more business in your area.
Most of us need to drive, and so we need to cover our autos. You can save money on car insurance by following a couple of simple rules.
Shop around for car insurance quotes - car insurance companies have to do business in a very tough business climate. Take advantage of that, as a consumer, by price shopping. If your old company is not showing you any loyalty by reducing your price, than you may get a much better deal from another top rated auto insurance company that is eager for more business in your area.
Friday, February 26, 2010
Single Premium Life Insurance For Retirement Planning
Would you like to be able to take a lump sum of money, and then turn it into a larger sum of money so you could pass it on to the next generation? If you have spoken to a financial advisor or insurance agent, they may have mentioned SPLI (Single Premium Life). This product can work well for some people.
The most obvious difference is that you make one large cash payment when your coverage begins. You are probably used to having a monthly bill! That one lump sum funds your coverage, and so you do not have any more payments to make.
That money, paid at the start, will guarantee coverage for your whole life. What you have done, really, is to turn a sum of cash into a much larger amount of coverage on you. This is how you can take one amount of money, and turn it into a larger estate to pass on to your beneficiaries.
Let us say that a retired school teacher is comfortable with her pension and savings. In this example, she just inherited $22,000 from an uncle, and is certain that she will not need to use this money to enjoy her life. She may be able to take this amount of money and buy a $100,000 SPLI policy so she can have a very nice estate to pass on to her son.
Now understand that the price you would pay for a particular policy will depend upon many different things like your age, health, the insurance company, etc.
Who should consider single premium life (SPL)? It is something to consider if you have a lump sum of cash that you would like to leave to your heirs. Your children, grandchildren, or a favorite charity could be the beneficiaries.
Be sure you will not have to use the money for a few years. In the first few years, policies can impose fees and surrender charges. So it is probably not the right life insurance if you are not sure if you will need the money to live on.
Another advantage to the owner is a SPL policy's ability to grow a cash value quickly. If you can leave the money alone for the few years you will need to get past surrender charges, you can have a nice place to borrow money from. You can also cash the policy in. The cash value should grow quickly since the insurance is already funded by the initial payment!
Accelerated death benefits and nursing home confinement provisions are another feature. In some cases, the insured person can actually use part of the face value while they alive!
But SPLI is not good for everybody. There are some disadvantages to consider. You do need the money to fmake that first, and only, payment. If you do have to surrender early, you risk losing money for fees. The IRS treats these a little differently than regular life policies too. You may not enjoy all of the tax benefits.
Are you interested? Look here to get Single Premium Whole Life Explained.
The most obvious difference is that you make one large cash payment when your coverage begins. You are probably used to having a monthly bill! That one lump sum funds your coverage, and so you do not have any more payments to make.
That money, paid at the start, will guarantee coverage for your whole life. What you have done, really, is to turn a sum of cash into a much larger amount of coverage on you. This is how you can take one amount of money, and turn it into a larger estate to pass on to your beneficiaries.
Let us say that a retired school teacher is comfortable with her pension and savings. In this example, she just inherited $22,000 from an uncle, and is certain that she will not need to use this money to enjoy her life. She may be able to take this amount of money and buy a $100,000 SPLI policy so she can have a very nice estate to pass on to her son.
Now understand that the price you would pay for a particular policy will depend upon many different things like your age, health, the insurance company, etc.
Who should consider single premium life (SPL)? It is something to consider if you have a lump sum of cash that you would like to leave to your heirs. Your children, grandchildren, or a favorite charity could be the beneficiaries.
Be sure you will not have to use the money for a few years. In the first few years, policies can impose fees and surrender charges. So it is probably not the right life insurance if you are not sure if you will need the money to live on.
Another advantage to the owner is a SPL policy's ability to grow a cash value quickly. If you can leave the money alone for the few years you will need to get past surrender charges, you can have a nice place to borrow money from. You can also cash the policy in. The cash value should grow quickly since the insurance is already funded by the initial payment!
Accelerated death benefits and nursing home confinement provisions are another feature. In some cases, the insured person can actually use part of the face value while they alive!
But SPLI is not good for everybody. There are some disadvantages to consider. You do need the money to fmake that first, and only, payment. If you do have to surrender early, you risk losing money for fees. The IRS treats these a little differently than regular life policies too. You may not enjoy all of the tax benefits.
Are you interested? Look here to get Single Premium Whole Life Explained.
Wednesday, February 03, 2010
Term Life Insurance which Returns Premiums!
How do you get your money back from a term life insurance policy if you don't die?
Return of Premium (ROP) Riders on Term Life
Most people understand how simple term life works. You buy a policy for a set amount of time. This time period (called the term) may be 1 year or 30 years. But after the policy ends, the contract is over. You are not covered any more, and your term life policy does not build a cash value.
What is there was a way to get your money back if you bought term life? Well, some top insurers offer a return of premium rider on term life policies. Return of Premium Term Life riders are an extra option with an extra cost. But if you survive your policy, which is what we all want to do, you will get a refund of every premium dollar paid. This includes the extra money you spent for the rider.
An Example of ROP at Work
This can be a very handy way to plan for the future. Let us say you spend $30 a month for a $100,000 30 year term policy when you are 32 years old. After 30 years, your contract ends. Now you are 62, and you have spent over $10,000 for coverage you do not have any longer.
But let us say that you chose to spend $35 a month to buy term with an ROP rider. Now you turn 62, and you get back a check for over $12,000! How does that sound?
Learn more about life insurance and get free quotes : Term vs Whole Life Insurance
Return of Premium (ROP) Riders on Term Life
Most people understand how simple term life works. You buy a policy for a set amount of time. This time period (called the term) may be 1 year or 30 years. But after the policy ends, the contract is over. You are not covered any more, and your term life policy does not build a cash value.
What is there was a way to get your money back if you bought term life? Well, some top insurers offer a return of premium rider on term life policies. Return of Premium Term Life riders are an extra option with an extra cost. But if you survive your policy, which is what we all want to do, you will get a refund of every premium dollar paid. This includes the extra money you spent for the rider.
An Example of ROP at Work
This can be a very handy way to plan for the future. Let us say you spend $30 a month for a $100,000 30 year term policy when you are 32 years old. After 30 years, your contract ends. Now you are 62, and you have spent over $10,000 for coverage you do not have any longer.
But let us say that you chose to spend $35 a month to buy term with an ROP rider. Now you turn 62, and you get back a check for over $12,000! How does that sound?
Learn more about life insurance and get free quotes : Term vs Whole Life Insurance
Thursday, January 07, 2010
Comparing Car Insurance Quotes
Why is it important for you to compare car insurance quotes every once in awhile?
Drivers know they need auto insurance, but do not always understand why it is important to shop around for a policy. It is common to find that people think that all insurers are similar in the way they rate drivers and assign rates. But most insurance experts would tell us that attitude will cost us money.
Insurers have their own policy discounts, underwriting rules, and premiums. Some of the premium rate you pay reflects your own driving record, age, and zip code. But some of your premium will reflect the way that your insurer rates drivers or applies discounts.
Even if you did some insurance shopping a year ago, it is important to do it again today. You may have made some changes to your personal or financial life that impact your rates. Some of these changes may be obvious, but unless you are a professional underwriter, some are not obvious at all.
Think about some changes that can impact your own premiums. A job change may mean your commute is shorter. Some companies discount drivers who do not use their car very much. A move may put you in a zip code that is considered safer, and that could also mean lower rates. Some people already understand that these examples would affect them, but are probably not aware of all of the factors that insurers consider when they offer you a rate.
Would you like to learn more about auto insurance price discounts?
A driver's premium may not really be affected that much by a driving record. It could be tied to a location, how the vehicle is used, or even how it is parked in the evening.
All insurers want to encourage customers to do things that will reduce the chance of making a claim. They also may reward other things that make it easier or cheaper for them to do business. Multiple policy discounts are one popular example of this. Since you showed up for an auto policy, it should be easier for them to get your home policy business too.
You may not have thought about this much, but the financial situation of the whole economy may affect the amount that insurers charge too. They have to consider their own financial stability, competitive companies, and many other outside influences when they calculate how much they charge each customer. Since the economy is always changing, it is impossible to say if the insurer that was a great choice 3 years ago will still be the best choice next year.
It is fairly easy to compare car insurance policies and premiums with one of the quote forms on the internet. You simply have to enter your basic information in one time, click the submit button, and then sit back and wait for top companies to compete for your business.
We believe we have can help you compare insurance quotes!
Drivers know they need auto insurance, but do not always understand why it is important to shop around for a policy. It is common to find that people think that all insurers are similar in the way they rate drivers and assign rates. But most insurance experts would tell us that attitude will cost us money.
Insurers have their own policy discounts, underwriting rules, and premiums. Some of the premium rate you pay reflects your own driving record, age, and zip code. But some of your premium will reflect the way that your insurer rates drivers or applies discounts.
Even if you did some insurance shopping a year ago, it is important to do it again today. You may have made some changes to your personal or financial life that impact your rates. Some of these changes may be obvious, but unless you are a professional underwriter, some are not obvious at all.
Think about some changes that can impact your own premiums. A job change may mean your commute is shorter. Some companies discount drivers who do not use their car very much. A move may put you in a zip code that is considered safer, and that could also mean lower rates. Some people already understand that these examples would affect them, but are probably not aware of all of the factors that insurers consider when they offer you a rate.
Would you like to learn more about auto insurance price discounts?
A driver's premium may not really be affected that much by a driving record. It could be tied to a location, how the vehicle is used, or even how it is parked in the evening.
All insurers want to encourage customers to do things that will reduce the chance of making a claim. They also may reward other things that make it easier or cheaper for them to do business. Multiple policy discounts are one popular example of this. Since you showed up for an auto policy, it should be easier for them to get your home policy business too.
You may not have thought about this much, but the financial situation of the whole economy may affect the amount that insurers charge too. They have to consider their own financial stability, competitive companies, and many other outside influences when they calculate how much they charge each customer. Since the economy is always changing, it is impossible to say if the insurer that was a great choice 3 years ago will still be the best choice next year.
It is fairly easy to compare car insurance policies and premiums with one of the quote forms on the internet. You simply have to enter your basic information in one time, click the submit button, and then sit back and wait for top companies to compete for your business.
We believe we have can help you compare insurance quotes!
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