“I’m trying to decide whether to purchase Term Life or Whole Life and can’t make up my mind. What is the biggest difference?” The biggest difference is that a Whole Life policy actually earns you money over the life of the policy. Term Life won’t. When my parents had me and my siblings purchase Whole…
When my father-in-law was diagnosed with Type 2 diabetes over 40 years ago he expected to live to be about 55-years old. He resigned himself to the fact that, like his father he’d be blind and lose his limbs to the disease, and it would take him at a young age. Thanks to advances in…
Not exactly. Term Life Insurance is designed to provide for your loved ones in the event of your premature death, but NonMed Term 350 gives you more options than just to purchase a policy for a set amount. Unlike other term life policies, NonMed Term 350 can also be converted to permanent insurance, and includes an…
All it took was a few hours in the emergency department, a chest x-ray and three days as an in-patient with IV antibiotics and steroids to blow my budget out of the water. The deductibles and co-pays for that trip to the hospital took nearly a year to pay off, and several times I received…
Years ago, when I was younger and more care free, I didn’t worry so much about things like dental insurance. I took care of my teeth as best I could to avoid going to the dentist, so I didn’t need insurance or so I thought. I found out later how wrong I was when I…
It’s the start of little league baseball season, and time to start those DIY home improvement projects. Things are starting to happen in the great out-of-doors as the temperatures start to rise. With those outdoor activities come a lot more opportunities for the unexpected trip to the emergency room. No one likes to think it…
Although Monday is the deadline to enroll in a healthcare plan, there are still many people unsure of what to do. High deductible/low premium or low deductible/high premium plans have some of us confused. And, then there are the plans that seem to fit, but then have hidden costs, like a deductible for prescriptions that…
Just a week before the deadline, the push is on to sign up for the Affordable Care Act, also known as Obamacare. There are a number of reasons people are waiting, but not having healthcare coverage when you need it because you don’t think you can afford it, isn’t a good reason to let the…
“My new job starts in a few weeks, then I have a 90 day probationary period before benefits start. I don’t want to sign up for the Affordable Care Act and purchase my own healthcare when I will have benefits with my new job. Is there an alternative?” Fortunately, there is an alternative. Short Term…
That’s the problem with most insurance programs. They don’t cover everything. With employee sponsored health insurance programs, there are either high deductibles and lower co-pays, or lower deductibles with higher co-pays. There are often few or no options for employer sponsored critical illness, accident or long term disability; and what if you are hospitalized? The…