How to Choose Car Insurance Coverage

f you own a car, there's no way around this–you have to have insurance coverage. It can sometimes be a bit overwhelming, though, when it comes to choosing your coverage. Deciding what type of coverage to get, negotiating deductibles, figuring out which carrier to go with--all are things that can get you easily confused, particularly if you're new to shopping for car insurance. Don't worry, though. Just keep a few simple pointers in mind when you're choosing your insurance plan.

 

Affordable Term Life Insurance - Cheap Term Life Insurance

Online Affordable Term Life Insurance

With thousands of insurance agencies and companies providing affordable term life insurance packages online today, choosing cheap term life insurance policies is not necessarily the best option.

Because premiums are lower than other plans, the best term life insurance plan will usually be affordable. Term life insurance will cover you or your loved ones for a set period, which ranges anywhere from 5, 10, 20 to 30. Upon expiration and if you renew, your premium, or the amount you pay, may increase.

Term life insurance is popular today due to its flexibility, which allows you to pick a policy when you feel you need it. Many companies will offer cheap term life insurance policies, but these will offer less financial coverage and term limits may be limited.

Six Tips for First-Time Life Insurance Buyers

Looking to buy life insurance for the first time? If so, you're probably asking yourself questions such as "How much do I need?", "What kind of policy is best?" and "Which company should I buy from?" There's no question buying life insurance for the first time, like any other new experience, can be more than a bit daunting. Below are six important tips that we hope will make the process smoother, eliminating frustrating false starts and unnecessary bumps in the road.

Term Life vs Whole Life Insurance

Life insurance is a complex topic and one which you are well served to become educated about before visiting with a well intentioned and commission-motivated insurance salesperson. Insurance salesmen are trained to sell you insurance. They may have good intentions to teach you about insurance, but in the end, they get paid a commission if they sell you insurance, so they are going to do everything they can to sell you insurance which makes them the highest commission.

How to Evaluate Health Insurance Plans

 Whether you are looking for private health insurance plans or deciding between multiple corporately offered health insurance plans, the principles are the same. In order the compare health insurance, you need to get the research out of the way and know exactly what aspects are important to you and your situation. The following are the common comparisons which need to be made.

Life Insurance and Foreign Travel

Imagine you are completing an application for life insurance and a seemingly innocuous question regarding your future foreign travel plans appears.  Of course, you answer honestly and state you may visit relatives in Israel or Colombia at some point in the future.  Unbeknownst to you, you just raised a super-sized red flag for the insurance company and perhaps provided a reason for them to decline your application.

This practice of risk assessment as it relates to foreign travel has been used by life insurance companies for many years.  Only recently has the practice become an issue, and now a hot button for legislation at both the federal and state levels.

How to Find Self-Employed Health Insurance

If you are self-employed, or planning to start your own business now or after you retire, the following tips will help you find the best self-employed health insurance coverage options that will fit your budget.
 
Keep the Health Insurance You Have, For Awhile
The easiest way to ensure that you continue to have good health insurance after you leave your corporate job is to keep the same coverage by invoking your rights under health provisions in the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986.
Under COBRA, you can leave your job and keep your current coverage for up to 18 months at group rates, so long as the company you’re leaving employs 20 or more people and you weren’t fired for gross negligence or incompetence. For more information about COBRA coverage, check with the U.S. Department of Labor
Even so, expect the price tag to be a shock. Once you’re self-employed you’ll have to pay the full cost of the coverage, which is likely to be much higher than the amount you were paying as an employee. According to the Kaiser Family Foundation, workers typically pay only 28 percent of their insurance costs.