How Life Insurance Protects a Mortgage Life insurance can help protect a mortgage in a few ways. First, it can provide a death benefit that can be used to pay off the mortgage if the policyholder dies. This can help to ensure that the surviving family members are not burdened with the mortgage payments. Second,…
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Which Group Dental Plan Type Fits My Small Business Needs The best group dental plan type for your small business will depend on a number of factors, including the size of your business, the budget of your business, and the dental needs of your employees. If you have a small business with fewer than 50…
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Medicare Beneficiaries Have Until Dec. 7 To Change Coverage. Medicare open enrollment is a time each year when Medicare beneficiaries can make changes to their Medicare health and prescription drug coverage for the coming year. This year, open enrollment runs from October 15 to December 7, 2023. During open enrollment, Medicare beneficiaries can: Switch to…
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Your Term Life Policy Is Expiring. Here Are Your Options If you have a term life insurance policy, you know that it will eventually expire. This is because term life insurance is designed to provide coverage for a specific period of time, usually 10, 20, or 30 years. Once the term expires, so does the…
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Small Business Employer Contribution A small business employer contribution to health insurance can vary widely, depending on the size of the company, the industry, and the region. However, according to the Kaiser Family Foundation, the average employer contribution for single health insurance coverage in 2022 for small businesses with fewer than 50 employees was $4,565…
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COBRA Expires At The End Of Month: What To Do Next If your COBRA coverage is expiring at the end of the month, you have a few options to consider. 1. Enroll in a new health insurance plan You can enroll in a new health insurance plan through your employer, the Health Insurance Marketplace, or…
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Why Term Life Insurance Is Perfect For Someone In Their 30’s Term life insurance is a type of life insurance that provides coverage for a specific period of time, typically 10, 20, or 30 years. If you die during the term of the policy, your beneficiaries will receive the death benefit. If you outlive the…
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Medicare HMO-POS Medicare HMO-POS stands for Health Maintenance Organization Point-of-Service. It is a type of Medicare Advantage plan that combines the features of an HMO (Health Maintenance Organization) with the flexibility of a POS (Point-of-Service) plan. With an HMO-POS plan, you must choose a primary care physician (PCP) who will coordinate your care. You must…
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What Kind Of Life Insurance Should You Get In Your 30s? The best kind of life insurance to get in your 30s is term life insurance. Term life insurance is a type of life insurance that provides coverage for a specific period of time, or term. If you die during the term of the policy,…
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Everything You Need to Know About IRMAA The Income-Related Monthly Adjustment Amount (IRMAA) is a surcharge on Medicare Part B and Part D premiums for people with higher incomes. IRMAA is designed to help offset the cost of Medicare for people with lower incomes. Who is subject to IRMAA? IRMAA applies to Medicare beneficiaries who…
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