Personal Insurance

High-deductible health plans

High-deductible health plans

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Personal Insurance
If you’re deciding between a low- and a high-deductible health plan (HDHP), there’s more to consider than deductibles and monthly premiums. High-deductible health plans were conceived to encourage consumers to shop around for health care. The logic is that if you’re responsible for medical costs upfront, you’ll do a little more work to find lower-cost providers — cutting expenses for you and your insurer. That hasn’t panned out for most people. Although consumers with HDHPs do tend to reduce costs, they do so by skipping out on care, according to the Urban Institute. Health insurance plans with lower deductibles offer patients more predictable costs and often more generous coverage, but their higher premiums can be hard to fit into a monthly budget. Whether you choose a plan wi
Single women also need personal insurance

Single women also need personal insurance

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Personal Insurance
Most people, who are married or have children are aware of the fact that they should have life insurance. After all, should something happen to you, you’d want to ensure that those you care about most are well taken care of. On the other hand, if you’re young, healthy, and single, life insurance might seem like an unnecessary investment. In fact, the idea of your death in any aspect probably hasn’t even crossed your mind. Or it might seem like a morbid topic not worth discussing. Contrary to common misconception, however, just because you’re single, doesn’t mean you don’t need life insurance too. Most financial advisors would agree that there’s really only a minute percent of the population that doesn’t require life insurance at all. Ergo, whether you see yourself staying unattached or
Importance of personal insurance purchase options

Importance of personal insurance purchase options

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Personal Insurance
Protecting your most important assets is an important step in creating a solid personal financial plan. The right insurance policies will go a long way toward helping you safeguard your earning power and your possessions. In this article, we'll show you five policies that you shouldn't do without. Long-Term Disability Insurance The prospect of long-term disability is so frightening that some people simply choose to ignore it. While we all hope that "nothing will happen to me," relying on hope to protect your future earning power is simply not a good idea. Instead, choose a disability policy that provides enough coverage to enable you to continue your current lifestyle, even if you can no longer continue working. Life Insurance Life insurance protects the people that are financial...
Choose the best Home Warranty

Choose the best Home Warranty

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Personal Insurance
How can you be sure that you make the right decision when it comes to buying a home warranty? The following Choice Home Warranty review has answers to most of your questions. It is based on meticulous research of the company and real client feedback. Parameter Score Explanation Coverage 95 Choice Home Warranty offers coverage for most home systems and electric appliances. Additional coverage for pools, spas, lawn sprinklers, and other household items is available. Policy 95 Compared to other companies, it was much easier to find and understand this company's terms and conditions. All prices and time limits are stated clearly. Plan variety 95 There are three coverage plans: Bronze care for appliances, Gold Care for systems,and Platinum Care...