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3 Insurances Everyone Should Have

insurances most people should purchase

  Insurance is one of those funny things that most people hate buying, try to never use, but are gloriously thankful for if the right situation comes along. There are some insurances that I believe we can do without, but I think there are 3 insurances most everyone should have; health, life, and disability. There are Still Tons of People without Health Insurance Despite over 11 million new signups for health insurance through Obamacare, there are still plenty of people who don’t have health insurance. The penalty for not having insurance is not enough of a deterrent for many people, and the list of reasons you can forgo the penalty due to a hardship exemption is broad enough to cover just about anyone who doesn’t want to purchase. For those of us who don’t qualify for a subsidy or for those who don’t want one, seeing premiums double or triple every year makes it tempting to go without, especially for the young and healthy. I had a patient just this week who was upset that her insurance didn’t cover eye care, despite a $700 a month premium. She said she was thinking about droping insurance and saving that money to ...

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Term Life Insurance for Couples

term life insurance for all types of couples

  Your partner in life means everything to you.  Whether you are married or not, your significant other is there for you supporting you through everything life throws your way and you are there for them.  But what would happen if you suddenly were not there anymore? You are there for each other emotionally and physically, but are you also financially supporting each other?  If your significant other relies on your income, they are going to struggle if it is no longer available.  Term life insurance would ensure your loved one would be safe from financial disaster if you died unexpectedly.  Quotacy, an online life insurance agency, will guide you both through the process of getting term life insurance so your loved one will not feel financial struggle in the wake of unexpected loss. Married Couples Married couples, especially if you have children, have the greatest need for life insurance.  You have made a lifelong commitment to this person through sickness and health, but if you died unexpectedly how would they get by without your income?  Mortgage income, credit card debt, funeral expenses, these are all things that a term life insurance policy could help pay for if something happened ...

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Have You Had The Life Insurance Talk?

Playing at Sunset

If you’re like me, you think about living to a ripe old age, where your days will be spent telling the grandkids about the olden days when you had to type on actual keyboards, uphill, through the rain to get any work done. No one wants to think about the alternative. Realistically, you never know when your time is up. Because life is uncertain, you need to have the life insurance talk with your significant other today. When Do You Need Life Insurance? Its a judgement call, but I think there are several instances when you absolutely can’t do without life insurance. If you have dependents who rely on your income to live, you need life insurance. If your income helps pay the monthly bills, how would your family fare if that income was suddenly taken away? You don’t want your spouse to worry about how to feed the kids, especially when dealing with grief. If you have a mortgage, I think it would be wise to have enough coverage to pay it off. That way, your family won’t have to worry about losing their home. If you own a business that needs working capital generated by you, I think ...

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