Long-term care insurance in the United States is gaining traction and becoming more popular as the life expectancy in the US is the highest it has ever been. This form of insurance provides a wide variety of services. Such services range from home care and adult day care to residential care in assisted living or nursing home facilities. With that said, long-term care is generally defined as hands-on assistance provided for an extended period of time to people (of any age, though older people are the primary users) who can't take care of themselves due to a disability, illness or a form of impairment such as Alzheimer's disease. In order to receive long-term care insurance, your physician must deem you no longer able to perform daily activities in your life. These daily activities can include eating and getting dressed.
Topics: Long Term Care Insurance
"If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance." - Suze Orman
When it comes to life insurance, many individuals become evasive due to the complexity of the numerous policies offered. While it can be very confusing at times, life insurance can be one of the most important insurance policies to own. With a better understanding of life insurance, individuals find that it can offer a great sense of security in the event of a sudden accident.
Topics: Life insurance
Off-road vehicles provide individuals with adrenaline, convenience and an opportunity to explore areas that may not be possible with a standard car or truck. These off-roading machines range in both usage and size. Golf carts, snowmobiles, dirt bikes and ATVs are just some of the vehicles that off-road insurance covers. Although these machines vary in performance and other aspects, the need to protect them from theft, damage and other factors stands firm.
With insurance, your ORV is protected against collisions and other aspects such as any safety gear that you may have been wearing at the time of an accident. If your off-roading vehicle is damaged due to weather or another form of accident, having insurance on it will save you thousands! Insurance typically has the option to cover the following:
- Bodily Injury Liability - If you have an accident & another individual ends up injured, you may find yourself held accountable for their medical charges - this could be any sort of medical bill. Bodily injury coverage provides coverage for the injured individual's medical expenses.
- Property Damage Liability - If you damage someone else's property, whether it be a car or home, this insurance will cover the costs of repairs to the structure of the property. If you have one of these damaging accidents, you could be facing thousands of dollars in repair. Property damage liability coverage can help protect you financially from these accidents.
- Collision Coverage - Picture yourself driving along in your ORV, suddenly you hit a car or some sort of object and damage your vehicle. Repairing the damages to your ORV can be extremely expensive. Collision coverage helps cover the repairs to your vehicle.
- Comprehensive Coverage - What happens if a tree were to fall on your dirt bike while you're out on a camping trip? Or, what if your dirt bike gets stolen? Don't forget about weather damage too! With comprehensive coverage, your off-road vehicle is protected in events ranging from natural disasters to theft.
Want to save even more on your off-road vehicle insurance? Here are a few ways to save money on ORV insurance!
- Bundling policies with existing coverage
- Safety course discounts
- Multi-unit discounts
Topics: Off-Road Vehcile Insurance
So you’re looking into buying some dental coverage for your new business. Not so hard, you think, it’s pretty much the same as any medical coverage, I’ll just get a decently priced plan and I’m sure that will be fine. Not so fast. Dental insurance (any medical coverage in general) is a bit like hiring a contractor. Each plan is a bit different and finicky in its own way. Some may take forever to do a job, but when its finished everything is fantastic. Others get right to the point and are okay, but charge through the nose for speed. Of course, there is always that one contractor that’s slow and the project turns out terrible—and nobody likes that guy. Dental plans have all of these aspects you have to consider, before agreeing to coverage for your business. Not only cost, but also waiting periods, annual maximums, and more can have huge effects on what your plan means for your employees. Fear not though, nothing is ever as difficult as it may seem. You just need a referral. Your friend glen just had his kitchen redone and the contractor was great, so now you have a reliable person to hire. While Glen can’t refer you to his dental plans, In a similar way, if you examine what individual plans do, the good and the bad separate distinctly.
With the month of June finally here, so is the official start of summer. Now that a majority of schools are out for the summer and working adults are getting ready to use their vacation time, many families and individuals will be traveling to vacation spots all over the country. If you intend on renting a vehicle for your upcoming vacation, you may want to understand the insurance perspective of renting. Many people wonder how a rental car is insured. Should insurance from the rental company be purchased? Or, is their existing auto insurance policy enough to cover the rental? It is always crucial to have the correct amount of insurance for all that you own or rent. Below is a brief description of what you should know before renting a car.
Topics: rental car insurance
The month of May is National Disability Awareness Month, recognizing the insurance policy that provides money to you in the event of a sudden illness or injury. Although no one expects to be sidelined from work with a disability, there is a 30% chance that you could experience an accident that causes you to miss crucial work time. As the saying goes, time is money - and when you lose time away from work, you could be losing out on a lot of money.
Anyone will tell you one of the easiest ways to save money on insurance is to bundle your policies. Usually after you search around and do countless hours of research, you'll bundle policies with the company that offers you the best price and coverage. With all of the money you save, it would seem that everyone would be bundling their policies. Surprisingly, only 58% of Americans choose to bundle their insurance policies (National Auto Insurance Policy). This method of bundling is not just for auto and home- you can bundle plenty of other policies including renter's, boat and motorcycle! More people are starting to realize that this route is the right direction to take.
At some point or another, many people find themselves renting out a place to live. Living on your own is one of the biggest transitions individuals face in their lifetime. With all of this new found freedom comes a great deal of responsibility. The key to being a smart renter is very easy - all you need is renter's insurance.
Topics: renters insurance