Understanding Long-term Care Insurance and Its Importance

When it comes to long-term care insurance, many people are confused on the exact type of coverage provided. And while coverage does vary from one policy to the next, for the most part, this type of insurance is meant to cover the following types of expenses: – Nursing home – In-home care – Community-based care –… Read more »

Tips for Getting the Most Out of Your Employer Health Insurance

When it comes to having insurance through your employer, it is imperative to get the most out of your policy. And truth is, there are probably many features that your policy offers that you are unaware of. Here’s a close look at a few tips for making sure you get the most out of your… Read more »

Understanding the Benefits of Providing Insurance to Your Employees

If you’re thinking about providing your employees with health insurance, you should certainly be aware of today’s most recent regulation changes. The Affordable Care Act mandates that almost all employers with 50 or more employees must provide their workers with health insurance. Employees can opt out of the health coverage and buy a policy on… Read more »

Understanding Long-term Care Insurance: What It Is and Why You Need It

When it comes to investing in health insurance, you can never be too picky about your policy’s coverage. In fact, the more coverage you have, the better. However, for some people there are budget restraints in place that cause them to carefully evaluate their health care options. One thing that remains the same, though, is… Read more »

Tips for Calculating Your Term Life Insurance Benefit Amount

If you’re going to invest in term life insurance, it’s very important that you purchase a policy in the amount that will cover the expenses you intend to have covered if you were to become deceased. It’s important to remember that in addition to the expenses you want covered, you will want the policy to… Read more »

When Business Owners Retire or Sell Their Business, Life Insurance Needs Change

During the life of a business, life insurance policies are frequently purchased for a variety of reasons:  key person coverage, buy-sell arrangements, stock redemption agreements, securing credit or as a valuable fringe benefit.  But, when a business is sold or an owner retires, these policies are frequently no longer needed.  Additionally, policies sometimes become unaffordable,… Read more »

Retirement Often Signals a Change in Insurance Needs

During our working lives, most of us carry some amount of life insurance to replace the income to our families should we die prematurely.  Upon retirement, however, the need for life insurance and the ability to pay for it may change significantly. When life insurance becomes no longer needed, wanted or affordable, it is frequently… Read more »

Estate Tax Law Changes May Have Reduced Your Need for Life Insurance

Life insurance has long been considered an attractive way to offset estate taxes by providing the cash required to pay those taxes exactly when needed.  Due to significant changes in estate taxes brought on by the American Taxpayer Relief Act of 2012, it is estimated that only roughly 1/8 of 1% of all Americans will… Read more »

A Local Insurance Agent can Help Secure Your Financial Future

When it comes to protecting the financial future of your family, one of the best protectants to invest in is a life insurance policy. You may even want to consider investing in life insurance plans for both you and your spouse. Best of all, many insurance plans come with rider coverage, meaning your children would… Read more »

Your Old Life Insurance May Have Hidden Value

Due to a relatively new concept, called a Life Settlement, life insurance policies that are no longer wanted, needed or affordable may have greater value than their cash surrender value.  In a life settlement transaction, investors purchase life insurance policies from policy owners who are about to lapse or surrender their contracts.  After the sale,… Read more »