Archive for May 2020
Insurance
Not all life Insurance policies are created the same. Traditional life Insurance policies only allow you to get the proceeds when a person dies. We use carriers that not only pay upon death, but also allow access to the death benefit while the insured is alive. Having access to the policy proceeds while alive can…
Read MoreStand alone Prescription drug plans Vs. Medicare Advantage plans
Medicare offers prescription drug coverage for everyone with Medicare. This coverage is called “Part D.” There are 2 ways to get Medicare prescription drug coverage: How Medicare Prescription Drug Coverage Works with a Medicare Advantage Plan or Medicare Cost PlanRevised May 2018Medicare offers prescription drug coverage for everyone with Medicare. This coverage is called “Part…
Read MoreDifference between Living Benefits & Traditional Life Insurance
Buying life insurance now provides a financial safety net for your dependents later if you’re not around to take care of them. After you’re gone, your family can use the proceeds to cover funeral costs, mortgage payments, college tuition and other expenses. There are two main types of life insurance: Term life insurance is the easiest…
Read MoreMedicare Supplement Vs. Medicare Advantage Prescription Drug Plans
Medicare Supplement and Medicare Advantage Prescription Drug Plans are not the same. Original Medicare • Original Medicare includes Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). • If you want drug coverage, you can join a separate Part D plan. • To help pay your out-of-pocket costs in Original Medicare (like your 20%…
Read More