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Articles Archive for May 2006

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[17 May 2006 | No Comment | 487 views]

Not one of us is going to live forever. It’s a fact that many of us don’t want to think about; however, not thinking about it isn’t going to make it any less painful when the day does come that we leave our family members and loved ones behind. Not only are we going to leave them with sadness, but we may also leave them with accumulated bills, including medical bills, as well as funeral costs.
Purchasing a life insurance policy will help ensure that our families and loved ones won’t have to worry about any of the financial difficulties or strains that almost always arise in the even of death. Purchasing a whole life insurance policy will take care of three important concerns: costs, coverage duration, and cash value. Below you’ll find information and advice about these three whole life insurance components.
 
Most whole life insurance policies have permanent, level premiums, …

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[17 May 2006 | No Comment | 465 views]

If you are a resident of New York and in need of health insurance, you can purchase individual health insurance plans directly from a health maintenance organization (HMO).
HMOs in New York are required by law to offer both standardized HMO plans and point of service (POS) to those who seek to purchase individual health insurance. An HMO is a health insurance provider that works directly with a particular network of doctors, hospitals, and other medical professionals. This means your medical care must be from someone in the network and your insurance most likely will not cover medical care from those who are not in the network. If you need to visit a specialist covered in the network you will need a referral.
HMO/POS plans are a bit more flexible because you can obtain medical care from both the HMO network and out-of-network medical professionals. Although, with an HMO/POS plan you will …

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[17 May 2006 | No Comment | 548 views]

Unlike term life insurance policies which only insure you for a certain period of time, whole life insurance policies cover you for life. These insurance policies are ideal if you want coverage for the duration of your life and are excellent options if you are looking into long-term goals.
Whole life insurance policies usually offer level premiums for life, which means your premiums won’t increase as you get older. You may want to purchase a whole life insurance policy at a young age and enjoy the level premium for the rest of your life.
You can sometimes earn dividends from your whole life insurance policy, which means that you will receive a returned portion of your whole life insurance premium if the actual life insurance costs end up being less than what was figured when the premiums were set.
Whole life insurance policies accumulate tax deferred cash value, and the amount of cash …

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[17 May 2006 | No Comment | 565 views]

Of all the various life insurance options, term life insurance policies are most often the least expensive and the most commonly purchased life insurance policies.
Term life insurance policies are the least expensive life insurance policies. This is because you are purchasing life coverage only when you purchase a term life insurance policy, whereas with other life insurances, such as whole life insurance, you are also purchasing an investment component. Many whole life insurance policies call these investments “retirement savings,” but there are many other ways to save for retirement without having to choose a life insurance policy that may not be the best for you. Since you are not paying for anything but life insurance with a term life insurance policy, term life insurance is less expensive than any other life insurance option for the coverage offered.
However, term life insurance is not the most practical policy choice for you if …

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[17 May 2006 | No Comment | 536 views]

If you live in North Carolina and are in need of health insurance, it is important that you take your search for coverage seriously. Searching for individual health insurance is not as simple as signing up for the health insurance offered by an employer—much more thought on your part goes into the process. Follow these tips to help you find, and keep, affordable individual health insurance that offers the coverage you need.
1. Plan. Before you start looking for an individual health insurance provider, figure out the coverage you need and how much you can afford to spend. If you plan first, you will find it easier to look for and compare insurers that offer what you need at the price you can pay.
2. Shop around. The search will probably be long and tiring, but it is important to compare the rates and coverage of several different health insurance options before …

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[17 May 2006 | No Comment | 590 views]

If you’re starting a small business, you probably already know that facing several mountainous problems in the beginning is usually standard initiation. You concentrate on where the business will be located, how you will provide services, the people you will employ, etc. However, did you know that finding low cost health insurance for your small business employees doesn’t have to be one of those problems? Although the price of medical attention seems to remain rather high, there are organizations and companies out there that offer great coverage options and negotiation opportunities to small business owners. You just have to know how to find them!
Everyone knows that the key to finding the best coverage at the most affordable price is to compare several different health insurance providers. The same is true for small business owners. Finding a good health insurance provider isn’t usually a task that can be completed in one …

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[17 May 2006 | No Comment | 561 views]

In California, health insurance is marketed under both individual and group policies. People who are unable to obtain health insurance from employers or other professional trade or group affiliations that offers health insurance should opt for individual health insurance. Individuals who usually fall into this category include contractors, the self-employed, and/or employees of small businesses.
The individual health insurance and large group health insurance (policies that cover more than 50 employees) are medically underwritten, which unfortunately leads to some people having difficulty finding adequate health insurance since health insurance providers can deny coverage based on medical history. A medical underwriter will review your application, and if you are approved you may face a waiting period of at least a year from the date the individual health insurance becomes effective and six months from the date the group health insurances becomes effective for any pre-existing health conditions to be covered. There is …

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[17 May 2006 | No Comment | 570 views]

A Preferred Provider Organization, or a PPO, is health care organized by a particular insurance company. Medical professionals, hospitals, and clinics are contracted by the insurance company to work with the PPO system. The PPO decides the managed medical care guidelines and the fee schedule and the medical professionals, hospitals, and clinics that are contracted by the PPO agree to these terms.
A PPO is similar to a health maintenance organization (HMO) in that it offers a network of health care professionals available to the insured person; however, a PPO is more flexible than an HMO in that a PPO also offers the option of seeing an out-of-network health care professional. Many times people would rather visit their family doctor, or a doctor that is highly recommended, than a doctor in the PPO network with whom they may not be familiar. Yet, PPO networks usually represent a high number of medical …

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[17 May 2006 | No Comment | 361 views]

Life Insurance Quote
There may be plenty other things where you could spend your money, why put your money to buy Life Insurance? You could have bought that flat screen TV instead but then what good would it be after a few years? These things would not count for much when our spouses and children do not feel safe and sound. Life insurance provides your family security even when you are not there. This investment is long term.
Get the quote from the best company:
Life insurance quotes can be obtained from the best life insurance company so that you are sure that you get the best of what is offered. You would like to be sure that even when you pass away, your family will carry on living in the house you had built for them. The house you have seen your children grow up, where they took their first step and …

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[17 May 2006 | No Comment | 354 views]

There is no way around needing Homeowners insurance if you are about to embark on the journey of purchasing a home. Depending on the size of the home, Homeowners insurance can cost as little as $400 a year to as much as $2000 a year, if not more in some parts of the country. The amount of Homeowners insurance you receive will also be determined by the value of the interior property, including the upkeep of remodeling on the home, as well as whether your policy will include valuable electronics and jewelry.
Once you have determined what type of policy you would like to implement, you can begin discussing yearly and monthly costs with insurance agents. One thing to keep in mind while you are searching for Homeowners insurance is that the rates won’t vary that much between each company, but there are small ways to save a few dollars to …