Most often, when we make large purchases, there is a debt attached to it and the plan is to pay it off throughout the years, whether it be a mortgage or a different kind of loan. Home purchases, for example, will usually have mortgage that will last between 15 or 30 years. When you really think about it, a lot can happen in 30 years, even death. If the person responsible for paying off a mortgage were to pass away, what would become of it? Who...more
Many people do not consider how much it will cost them out-of-pocket for health care associated with hospital overnight visits. Since they have health insurance they go to the hospital whenever they need care and then it is only after they figure out many things their health insurance doesn't cover. For those with a family and have a health insurance plan you may want to pick up a supplemental health care policy to help extend your coverage to...more
Recently, proposed health insurance rate increases have come under heavy controversy. The state of California has been the center of much of the hoopla. Most infamously, WellPoint asked for increases of up to 39 percent during a recession, far beyond the rate of medical controversy. The Obama administration used the public outcry as a rallying tool in order to pass their healthcare reform law this spring. For its part, WellPoint later admitted that there were several clerical errors in its calculations. Eventually, smaller increases were approved.The most recent health insurer to come under fire is Aetna. However, their conflict with the state's regulators was settled differently. In their case, an average rate increase of 19 percent was approved last week. The insurance commissioner determined that the request was legitimately based on the higher cost of health care. An earlier request was denied due to errors in their calculations.What can the 65,000 customers that will be affected by the changes do now? The health insurance plans will become more expensive on October 1st, leaving little lead time for preparation. Granted, Aetna has proposed these increases for...more
Riding a motorcycle can be pretty risky. Its bad enough that vehicular accidents cause more deaths everyday than airplane crashes do, but riding a motorcycle, makes driving much more dangerous. Sure, you get to enjoy the wind in your hair, but you are so much more exposed to the environment and the potential dangers that it offerslike friction with...more
If you live in the UK and plan to buy a motorcycle, you must be aware of the fact that you will need to get motorcycle insurance. It is illegal to drive any motorised vehicle in the UK without insurance. First, like for cars, there are three types of motorcycle insurance that insurance companies can offer you. The first and the most common type of...more
If you own a motorcycle, or are an avid biker, no one knows better than you do, the worries related to the heavy bills you have to pay once you get involved in a road accident. Every time you go on road while riding your favourite bike, you try to prevent yourself from harms, i.e., road accidents. Since these road accidents do not only put your life in grave danger, but also damage your motorcycle terribly, this eventually makes dents in your wallets, which definitely gives you nightmares. However, these road accidents are inevitable despite your over-cautiousness since you cannot only meet accident by your own fault, it could be due to the mistake of the other driver or rider. So, it is always suggested to have a motorcycle insurance to protect yourself and your bike.Motorcycle insurance is basically meant to protect you and your bike when you or your bike is direly in need of it. There are different kinds of expenses that the motorcycle insurance companies proclaim to bear. For instance, first and the foremost your medical bills then usually the motorcycle insurance covers property damage liability, bodily injury liability, the collision, and comprehensive, total loss coverage...more
There are thousands of unsuspecting individuals who wind up falling victim to health insurance scams yearly. Unauthorized insurers are ready to sell you health insurance with a affordable premium and most people would never believe that there are...more
Underwriting for Individual PoliciesAll states require the medical underwriting of individual policies. This helps insurance company to verify the applicants medical history and lifestyle before determining the type and price of the policy. Through...more
Shopping for long term care insurance cant be accomplished in two to five hours. This is not a typical insurance that you can just forget and replace it with other coverage. Getting long term care insurance entails time and proper planning to ensure...more
Have you heard of long term care insurance for so many times but still unaware on how is it going to affect you? The common blunder is that people only consider getting insurance coverage once they get into a point when they are seriously ill,...more
Steering one's own car is one of the rarest and the most stylish as well as flimsy hobbies. During the days in the past, the driving different types of cars and other vehicles was chiefly done by the men. The line of work of driving was...more
Getting whole life insurance is one of the best investments you can make for your family for after you are gone and cannot take care of them anymore. Through whole life insurance you can make sure that your family is well taken care of financially so...more