Guanteed Acceptance Health Plans – Good or Bad?
Are Guaranteed Acceptance Health Plans Good or Bad?
I have to tell you that I have never been a big fan of any sort of guaranteed acceptance medical plan, or even those mini-med plans that accept more people but have specified benefit levels.
Pros of Guaranteed Acceptance Medical
Takes anybody who can pay the premium (possibly with age restrictions)
Pros of Specified Benefit Mini Meds
Usually takes more people than individual major medical insurance. For instance, some will accept diabetics.
Cost Benefits?
Categories: Health Insurance Tags: guaranteed acceptance, Mini Med
Hudson Crash Passengers Get No Insurance Money
All of the passengers had a great feeling, and no doubt, the US Airways plane was staffed by a wonderfully trained and experienced crew. Everybody on the plane survived, and what could have been another airline tragedy turned into a wonderful story of survival and redemption.
But there were still losses on all sides. Passengers did endure injuries and stress, and they lost their belongings. Many passengers needed to seek treatment for stress afterwards. But the insurer, AIG, claims that since the airplane was so well staffed with a great pilot and crew, that the airline has no liability – no fault. Instead of crashing or drowning everybody on the plane, the people survived.
Categories: Insurance Tips Tags: airlines, liability, travel
High Risk Homeowners Insurance For Storm Country
Are you having trouble finding homeowners insurance?
Lots of people in storm prone areas are having a hard time finding homeowners coverage these days. After the last few years, many Gulf coast homeowners are struggling, but so are homeowners in many storm and wind ravaged areas. After top insurers had to pay out so many billions of dollars, they are nervous about covering certain areas, of if they will cover it, they want huge premiums!
Categories: Home Insurance Tags: high risk insurance, Home Insurance, windstorm
What is Senior Life Insurance?
Have you heard of senior life insurance plans?
If you ever watched daytime TV, you must have seen ads for products like the Golden Plan or Platinum Care plan, or some colors that suggest silver hair and a pleasant old age. They promise to cover senior citizens in their retirement years, though some will market to people in their 40′s or 50′s too. You usually see a silver haired TV personality or a pleansant looking older couple discussing their worry about not having enough life insurance in retirement. If you are a senior citizen, or if you care for an older person, you must have noticed these ads unless you never watch tv during the day.
Categories: Life Insurance Tags: burial, final expense, senior life, seniors, whole life
