How Do Medicare Advantage Plans Work?
Posted: January 21, 2022
Medicare has four different parts -- Part A (hospitalization), Part B (healthcare services), Part C (Medicare Advantage Plans), and Part D (prescription drug coverage). Medicare Advantage Plans are an alternative to Original Medicare for Part A and Part B coverage. These plans are offered by private companies approved by Medicare and administered according to set Medicare rules. Because they work like private health insurance, Part...
Common Life Insurance Riders to Consider
Posted: January 21, 2022
Life insurance can play a vital role in financial planning for your family’s future. It is primarily designed to provide for your loved ones when you are gone. You can also add supplemental benefits with riders – amendments to your life insurance policy. Riders make it possible to opt in for benefits not typically included in basic life insurance policies and to modify your policy...
New Year, New Life Insurance Review
Posted: January 7, 2022
It is a good policy to review your life insurance every year. If you have paid your premiums on time, the policy will still be there, most likely without any material changes since you purchased it. However, if major changes have occurred in your life, your life insurance policy may need adjustments or no longer suit your needs. Why Review Life Insurance Annually? Conducting a...
5 Winter Safety Tips for Seniors
Posted: January 6, 2022
Ice, snow, and freezing temperatures can make life more challenging for seniors during the winter months. Slippery walkways and bone-chilling colds can lead to serious injuries and illnesses, particularly for older adults. These tips for winter can help keep seniors safe. Dress Warm to Prevent Hypothermia Hypothermia is a risk for older people living in regions with colder temperatures in winter. This condition occurs when...
How to Leave a Legacy through Life Insurance
Posted: December 22, 2021
Your legacy – what will it be, and how will you be remembered when you pass? A guaranteed death benefit provides financial support when your loved ones need it most. The policy benefits can be used to buy property, provide for the family, pay for college tuition, trips, or whatever your loved ones choose, but one thing you can count on – the legacy you...
