Archive for the ‘Insurance’ Category

2846
March 10th, 2010 By: Richard


Long Term Disability Insurance

Since I found out that I’m soon going to be a father, I’ve been thinking a lot about how I’m going to provide for my family in the event that I were to die, or to become disabled. A week or so ago I wrote about how I’m currently looking for the best term life insurance for my situation. I’m also looking into buying some good long term disability insurance as well because if I become disabled, I won’t receive life insurance, but I’ll still need to provide for my family.

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  • 10351A Unique and Advanced Way to Save Money It seems like everyone these days are trying to save money and reduce expenses, but everyone overlooks this unique and advanced way to save some money while providing further protection for your family. Don't worry it is not illegal, nor is it on late night commercials/infomercials. 1035 Exchange of Insurance......
  • universallifeComparing Life Insurance Policies pt 3 Speaking of Universal Life Insurance… What are the disadvantages of this type of insurance? Universal life insurance is generally much more expensive in comparison to term life insurance options. While some of these added costs are going to be going into your account in the form of a cash value......
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February 26th, 2010 By: Richard


Post image for Shopping For Term Life Insurance And Why It’s A Smart Choice For Most Situations

Since taking Dave Ramsey’s Financial Peace University I’ve been convicted of the fact that I need to have a life insurance policy.

During the class they share the story of one young father who after taking FPU bought a term life insurance policy. A few weeks later he was found to have terminal brain cancer. His family was lucky because he bought insurance before receiving the diagnosis, and they were now taken care of and would be able to stay in their home after he passed.

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  • blog traffic exchangeIs Shopping Online For Insurance A Myth? I’m sure most of you remember what the internet used to be like. My family got our first computer in the mid-1990’s – and it was slow… and heavy… and expensive.  Now I carry more than 10x the computing power in my pocket for less than 1/10th the cost. Perhaps......
  • older-people.jpgDo You Or Your Loved Ones Need Insurance For Long-Term Care? I wrote a while back about long-term care insurance for our parents, but I just came across an article in Parade Magazine asking the same question I did back then, with some helpful information for those of us starting to look into long-term insurance for our loved ones. If you......
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January 8th, 2010 By: Richard


Post image for Subsidy For Unemployed Workers To Help Pay For Cobra Health Care Benefits Expanded To 15 Months

About 2 weeks ago President Barack Obama signed a measure to extend the Cobra health care benefit subsidy for workers who have been terminated from their jobs.   Under the new measure workers terminated from January 1st through Feb. 28th, 2010 would eligible to receive the subsidy to help pay for their health care benefits for up to 15 months, 6 months longer than was passed in the stimulus bill last February.   Previously eligibility for the subsidy would have only run through 12/31/2009.

From the Wall Street Journal:

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  • blog traffic exchangeApplying For COBRA Health Insurance Yesterday I gave a brief overview of COBRA continuation coverage.  Today, I'll cover how to go about applying for it. When separated from your former employer, you should receive a special COBRA election form along with all your other separation paperwork.  If you didn't, call HR immediately.  This form will......
  • How to Avoid the 7 Most Dangerous Long Term Care Insurance Traps  Your chances of living longer have greatly increased. With that blessing comes new challenges such as how you will live and if you will be able to stay in your own home. Long term care insurance, which aids you in caring for yourself during your old age, could be the most important decision you......