Insurance Articles

Finance » Insurance | By MIKE SELVON @ Thursday, 28th August 2008 @ 9:08 PM

Unfortunately, many backpackers travel insurance policies often fail to cover the activities that backpackers enjoy. Backpacking and many popular backpacking destinations may offer travel and adventure, but not if you are relying on a basic insurance policy for medical care or replacement of belongings. Standard travel policies effectively place limits on the activities you can take part in, as well as the places you can go. Before heading off for an international backpacking trek, it is... more...

Finance » Insurance | By Josie Olson @ Wednesday, 27th August 2008 @ 9:24 PM

In today's economy we're looking for every way to lower costs. Insurance is one of those mysterious items with lots of big words and confusing language. Since most of us pay homeowners through our monthly mortgage payment we do not give it much thought. Getting educated on insurance can be very good for your budget. 1. Get Quotes From Several Agents Insurance premiums vary by as much as 40% from company to company. It'll take a little legwork, but a few phone call... more...

Finance » Insurance | By Terry Stanfield @ Wednesday, 27th August 2008 @ 1:09 PM

What is Long-Term Care? When people consider the subject of long-term care, they often think about nursing homes. In fact, long-term care has little to do with nursing homes. Understanding the difference can help you protect your family and finances. The Consequences of Living Longer Long-term care is a continuum of care services and housing that you will need later in life. Think you won't live a long life? Think back 25 years ago. If you had cancer or a stroke, you simply ... more...

Finance » Insurance | By Stuart Brown @ Wednesday, 27th August 2008 @ 1:17 AM

Affordable health insurance is almost a requirement these days, but forty million Americans are entirely uninsured. Ten million of these people are young singles, but the rest have families to worry about. It used to be possibly to rely on your employer to provide an affordable group insurance plan, but those days have passed. With cost-cutting on the rise, many employers are reducing or dropping their benefits plans entirely. Because premiums for individual plans are rising, it can be h... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 12:23 PM

Reverse mortgages are being used by more and more seniors in an effort to get a loan that does not have to paid back until they move or die, giving them the funds they need to pay for their own long-term care, without relying on family or insurance. It is an incredibly popular practice for those over the age of 62, who own a home and don't want to be a financial burden on their families. In fact, they are the most popular type of loan for Americans over the age of 62. However, senior... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 12:17 PM

If you are like most people, you do not want to be a burden to your loved ones as you age. As people are now living longer than ever before, many are living until their children approach retirement age. The last thing any parent wants to do is to burden their own children with their care. You and your spouse have a 70 percent chance that one of you will need long term care at least once in your lifetime. If you do not have a spouse, you have a 40 percent chance of developing some conditio... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 12:10 PM

Lets take a few minutes to look how LTCi policies protect senior citizens. Life is a journey full of surprises! No one knows exactly what the future holds. You worked hard to save and invest wisely for retirement. And, though it's impossible to predict what lies ahead, we can gain some control of the future by examining our lives and finding solutions that will protect our independence. The reality of life is that, despite everything you do to take care of yourself, your chances of needing ... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 10:16 AM

Nothing in our lives is static, least of all our own ability to care for ourselves. Eventually, as we age, the need to have a long-term care solution becomes increasingly important. However, long-term care insurance does not have to only apply to the elderly. Christopher Reeve, who was paralyzed at the age of 42, required nine years of long-term care. As a result, the need for long-term care insurance is incredibly important and individuals need to start looking to purchase long-term care insura... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 10:08 AM

I always like to ask my clients, "Will your financial planner be willing to pay your long term care bills, will they have access to good quality Home Health Care Providers?" Many lawyers and advisors are now reluctant to recommend against Long Term Care Insurance for fear of law suits later on, from children, when hundreds of thousands of dollars were required to pay for their parents long term care bills. Planners who fail to recommend coverage are more times than not, unaware of the re... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 9:28 AM

Long term insurance coverage is part of a plan leading to a financially stable and safe future in case of a long term care event. However, if you do not have any provisions in place, then you should begin to look into LTC insurance to help make your life, and the lives of your family, more secure. There are many factors to look for when you are getting long-term care insurance coverage, and we will cover the most important in this article. Overall, you want to make sure that the long-term... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 9:26 AM

Who knows what the future will hold for us. A simple drive through the city can turn into a serious car accident that leaves you in need of long-term care for the rest of your life, depending on how circumstances fall into place. Many people understand that the worst can happen in life, but few actually prepare for it. If you do want to prepare for the possibility, there is nothing better you can do than purchase long-term care insurance. Long-term care is something various people, at dif... more...

Finance » Insurance | By Terry Stanfield @ Tuesday, 26th August 2008 @ 9:21 AM

Long-term care may be needed for yourself, or a loved one, in the future and you need to prepare for that possibility. However, it can be difficult to know exactly how much long-term care they will need in the future, since it is impossible to predict the future. You could end up needing long-term care insurance for a few months following an accident, surgery or illness, or you could need long-term care insurance for years in your old age when you need assistance with day-to-day activities. Ther... more...

Finance » Insurance | By Bruce Lipski @ Tuesday, 26th August 2008 @ 1:34 AM

The big debate in politics for the last 8 years or so is whether to nationalize health care. Many people feel that heath insurance and health care is a god given right and the government should take it over. The problem with that is that the government is usually a failure at whatever it does. Is the government social security system a success? No, as it will be bankrupt before I have the chance to get any of my money back. Are the government programs to help the poor a success? No, as we have j... more...

Finance » Insurance | By Andy West @ Friday, 22nd August 2008 @ 8:58 PM

Own occupation disability insurance is a great policy to have when preparing for your financial future. With many different insurance policies out there, having your own occupation disability insurance coverage can be beneficial and practical. Selecting insurance coverage that suits your individual needs can be difficult, but with the right preparation it is a task that can be completed. Insurance policies are highly dependent on a number of variables that an insurance agent will need to go o... more...

Finance » Insurance | By Andy West @ Friday, 22nd August 2008 @ 8:21 PM

A number of online companies will give you disability insurance quotes, but without having a little background knowledge, you may end up comparing apples to oranges. To avoid some of the confusion that comes with comparing prices and policies, it is extremely helpful to know what types of benefits are included in the policies you have been offered. With this information you will be able to truly compare disability insurance quotes in order to get the best value for your money. What are ... more...

Finance » Insurance | By Andy West @ Friday, 22nd August 2008 @ 8:21 PM

Many professionals, particularly doctors, dentists, surgeons and others in the healthcare industry are surprised to hear that they are among those who are most in need of disability insurance. The truth is, the more money you make the more you need disability insurance. Professionals often think that, since they may have investments in place and a comfortable amount of savings to fall back on they don't have to worry about long-term disability. They would be wrong, however, because they ... more...

Finance » Insurance | By Andy West @ Friday, 22nd August 2008 @ 7:13 PM

Selecting a suitable policy from the various disability insurance companies can be a trying and arduous task. There are many different factors and policies to consider, and the results can be overwhelming. Not only are there different variables that affect a policy, but the companies can have may different policies which are all affected by many different variables, not to mention the difficult task of trying to sort through the contractual jargon. It is also important to note that individual... more...

Finance » Insurance | By Amy Nutt @ Friday, 22nd August 2008 @ 4:19 PM

Everyone who drives needs auto insurance and they need the right kind of auto insurance, which is the part that can be somewhat tricky when shopping for it. Many insurance companies offer a tool on their websites that allow an individual to fill out basic information about themselves and their vehicle so that they can get a quote. The quote is not always 100% accurate, but it is accurate enough to help an individual make the best decision about which auto insurance is the best for them. ... more...

Finance » Insurance | By Amy Nutt @ Thursday, 21st August 2008 @ 4:52 PM

Aside from avoiding being in an accident, there are ways in which car insurance rates can be kept low. However, you sometimes have to be the vigilant one when it comes to finding ways to keep your rates low. In other words, you have to remind the car insurance company that there has to be some way within their system that will allow you to keep a few more bucks in your pocket. This is usually what prompts them to look and see what it is they can do for you, especially if you tell them that anoth... more...

Finance » Insurance | By Bercle George @ Thursday, 21st August 2008 @ 4:25 PM

Making a choice about the best life insurance policy entails weighing the advantages of each and pitching them against the disadvantages. Life insurance is made for the comfort of those you may leave behind. Picking out the best life insurance benefits both you and your family. Beneficiaries of a life insurance policy varies from person to person. Some individuals take out life insurance and make charities as their beneficiaries. As a business partner, you can make your business a benefi... more...