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What Are the Alternatives to Nursing Home Care?

March 28, 2015 by Leave a Comment

Alternatives to Nursing Home Care

Fourteen percent of people age 65 or over need long-term care. Among those 85 or older, half need some long-term care, according to the Georgetown University Long-Term Care Financing Project. If you don’t like the sound of a nursing home, relax because today’s long-term care insurance policies can cover many other long-term care options. There...
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Filed Under: Life & Health Insurance Information   •  Long Term Care Insurance   •  Retirement Planning

How Much Do Speeding Tickets Cost?

March 12, 2015 by 1 Comment

Speeding Tickets Cost

Speeding tickets cost you a lot more than you think. Every year, about 41 million Americans, or one-fifth of drivers, get them. Speeding tickets cost drivers more than $6.2 billion in fines, according the U.S. Highway Patrol. Speeding tickets are big business, too. StatisticBrain.com reports that the average annual speeding ticket revenue per U.S. police...
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Filed Under: Auto Insurance Information   •  Personal Lines   •  Top Personal Insurance Stories

Protect Yourself from Identity Theft

March 10, 2015 by Leave a Comment

Proetect Yourself From Identity Theft

In 2012, financial losses due to personal identity theft totaled $24.7 billion, over $10 billion more than the losses attributed to all other property crimes measured in the National Crime Victimization Survey. Identity theft affected about 7 percent of Americans in 2012, but not all of them suffered a financial loss. About 14 percent of...
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Filed Under: Identity Theft   •  Personal Lines   •  Specialized Personal Insurance Policies   •  Top Personal Insurance Stories

Improve Your Financial Wellness

March 9, 2015 by Leave a Comment

Financial Well-Being

Consumers can experience financial well-being—or a lack of it—regardless of income. How would you rate your financial wellness, and why does it matter? Money problems rank as one of the top causes of stress, divorce and relationship problems. They can also affect your physical health. And when your health begins to deteriorate, that can further...
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Filed Under: Critical Illness   •  Group Disability Insurance   •  Life & Health Insurance Information   •  Long Term Care Insurance

Choosing Term or Permanent Life: A Simple Guide

March 7, 2015 by Leave a Comment

Term or Permanent Life Insurance

You may have heard the phrase “Buy term and invest the difference.” That works if you have the discipline for a regular investment program. But for some, a permanent life insurance policy will provide more security and better returns. It also offers tax advantages that other investments lack. There are two categories of life insurance:...
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Filed Under: Life & Health Insurance Information   •  Life insurance

How to Protect Yourself from Social Media Liability

March 6, 2015 by Leave a Comment

Should you worry about the content of your teen’s tweets or your spouse’s Pinterest posts? All it takes is for one tweet to veer away from commentary to defamation, or one image to invade another’s privacy, and you could face a lawsuit. The liability portion of your homeowners policy covers you for certain types of...
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Filed Under: Homeowners Insurance Information   •  Personal Liability   •  Personal Lines   •  Top Personal Insurance Stories

How to Prevent Home Fires

March 6, 2015 by Leave a Comment

Which type of claim is the most expensive under a homeowner insurance policy? The answer: home fires. But they are preventable! The following simple steps can prevent a tragedy. Cooking Stay in the kitchen when you are frying, grilling, or broiling food. If you leave the kitchen for even a short period of time, turn...
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Filed Under: Homeowners Insurance Information   •  Personal Lines

How To Save Money on Long-Term Care Insurance

March 1, 2015 by Leave a Comment

The American Association for Long-Term Care Insurance recently published an article on some of the ways you can save money on your long-term care insurance…and how not asking the right questions can cost you. Some points to consider: Marital discounts. Some insurers give discounts to married people, on the theory that married people are more...
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Filed Under: Life & Health Insurance Information   •  Long Term Care Insurance

Lose Weight, Save Money

February 23, 2015 by Leave a Comment

Excess weight not only affects your health; it can affect your finances. Researchers have linked overweight and obesity to the following health conditions: Coronary heart disease Type 2 diabetes Cancers, such as endometrial, breast, and colon High blood pressure (hypertension) High total cholesterol or high levels of triglycerides (dyslipidemia) Stroke Liver and gallbladder disease Sleep...
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Filed Under: Affordable Care Act (ACA)   •  Life & Health Insurance Information

What are Viatical Settlements?

February 3, 2015 by Leave a Comment

Viatical Settlements

For many people, a chronic condition such as heart disease or cancer starts a downward spiral of declining health and rising bills. A life insurance policy can help you improve end-of-life quality—here’s how. In a viatical settlement, a terminally ill policyholder sells his/her life insurance policy to investors through a viatical broker. Once investors purchase...
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Filed Under: Life & Health Insurance Information   •  Life insurance

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