Your insurance company doesn't pay for absolutely everything. You must pay for part of the costs of health care and your insurer pays the rest.
Coinsurance generally looks like a fixed percentage, or a percentage of the total cost of care, usually 20% or 30%. Your insurance company covers the rest.
While you can’t buy an insurance policy specifically to cover maternity leave, there are several ways to help you pay for the time off you’ll miss.
Active-duty military personnel is automatically enrolled in the TriCare Program. Family members also can receive coverage through this program.
Long-term care includes a range of services and support for your overall care, which doesn't involve medical care.
In addition to replacing your own income with disability insurance, you may need a business overhead expense policy for your business.
While most people will agree that responsible parents own life insurance, they won’t all agree on the kind of life insurance you should own.
Many older couples apply for short-term care policies because they waited too long to buy long-term care insurance, and the cost has become prohibitive.
The answer depends on a policy’s affordability, how much additional coverage you need, what you wish to be insured for, and your risk factors.
Becoming a doctor is a noble and rewarding career choice. But it comes with greater risk and responsibility than most other occupations.
The percentage of adults reporting symptoms of anxiety and depression increased from 10 percent in 2019 to just over 40 percent in 2020.
Most college students haven't thought about life insurance, but if you have student loans, you might want to get started.
Many insurance carriers offer hybrid long-term care insurance. This is a policy that combines long-term care insurance with life insurance.
NAIC reported that about 70 percent of people who reach age 65 are expected to need some form of long-term care at least once in their lifetime.
The biggest benefit of long-term care insurance is not having to use your own savings if you someday require long-term care.
Underwriting is the detailed analysis preceding an insurance policy's issuance, the granting of a loan, or the pricing of an IPO.
You may need to consider one or more alternatives to long-term care insurance if you can’t afford the premiums or if you don’t qualify for coverage.
Premiums that an individual pays on a long-term care insurance policy can qualify as a deductible medical expense.
Everyone evaluating their retirement planning should have a plan in place to deal with long-term care expenses.
Consider any payment you make to a healthcare provider because your insurance company won't cover it to be an out-of-pocket expense.
Developments in insurtech are expediting processes, so what customers say about their experiences will influence how others make decisions.
Disability insurance adds to your expenses, yes. However, it’s better than choosing to not get it and finding yourself in a precarious financial situation.
Though it may not be at the top of your to-do list, it’s crucial that you select the right types and amounts of insurance to protect your family.
Between the rising costs of healthcare and the shortcomings of health insurance, many people face bills they simply can't pay.
According to the tax code, for the calendar year 2021, the minimum individual deductible to qualify as an HDHP is $1,400 and $2,800 for a family.
Supplemental insurance pays benefits above and beyond the coverage you carry either through a group or individual policy.
As you carefully consider how you’re protecting yourself, you may find you need more insurance and retirement savings than your male counterparts.