An insurance policy is the written document or contract between you (the policy holder) and your insurance company that details what coverage or reimbursement they will provide, in what circumstances,…
Tag: insurance
Your insurance deductible is the amount you will have to pay when you have an insurance claim before your insurance kicks in and starts to cover your expenses. After you…
Insurance premium is the amount you pay your insurance company for the coverage they will provide for you for a defined period of time. It’s basically the cost of your…
How do you protect the things you value most in your life (family, health, home, car, etc) in case something unexpected happens? How would an accident, illness, or injury impact…
Every year around the holiday season, it’s easy to get busy and put your finances on the back burner. However, that period as the year comes to a close is…
An umbrella insurance policy is a type of additional liability insurance that supplements your homeowners, renters, auto, and/or boat insurance policies, if due to a claim, those limits are exhausted.…
If we told you that you could save up to 30% on medical expenses, would you be interested? The cost of healthcare can be overwhelming and even with insurance people…
An HSA is similar to a Health Care Flexible Spending Account (HCFSA); you can pay for health care expenses from this account before taxes, but the HSA has several notable…
Coinsurance is the percentage of your medical bill you pay after you’ve met your deductible. You may pay 0%, 10%, 20% or more depending on your plan and whether you…
A deductible is the amount you must pay towards medical expenses during a given time period, usually a year, before your health insurance benefits begin to cover the costs. At…