Having the right kinds of insurance — including good medical, disability, automobile, homeowner, long-term care, life, and even travel insurance — is key to good financial planning. This page about insurance gives you the lowdown on how to successfully navigate the often perplexing world of insurance coverage.
Health Insurance After Retirement – Know Your Options
One of the biggest concerns for someone facing retirement is figuring out how one’s healthcare costs will be covered. Especially in the last few years, there have been a multitude of changes in healthcare costs, benefit options, and pension elections. Your health insurance options will also change depending on your age of retirement and the [...]
Disability Insurance for the Self-employed
Most of my clients worry about their family’s welfare in the event of their death, but many don’t consider what could happen if they were to become disabled. The very best advice I can give when it comes to disability insurance is to get it when you’re young, as that is when you are the [...]
The Key to Key Man Insurance
Unless you’re a sole proprietor, your business probably relies on certain individuals to run it effectively and efficiently. Employees might like to think they are all equally valuable, but certain employees can be more important to a business’s bottom line than others—and without those individuals, the business could suffer. If you are a business owner, [...]
Tips for Documenting Homeowner’s Insurance Claims
Most people don’t enjoy paying for homeowner’s insurance—that is, until they have a claim. Where I live, in the Northeast, we had brutal weather over the past year and cause to be thankful for insurance. We had severe flooding from rainstorms, an earthquake and a hurricane in one week, and snow in the fall, and [...]
Adjusting Your Homeowners Insurance
Set it and forget it? Homeowners insurance is not that easy. Your insurance portfolio is more like maintaining a car—you need to regularly change your oil or periodically get a tune-up. Similarly, life changes could require tweaks to your insurance policy. Updating your homeowners insurance coverage The personal property coverage, or contents coverage, for a [...]
Avoid Homeowners Insurance Claims While You’re Away from Home
As we enter the worst part of winter here in the Northeast, I’m seeing many of my neighbors take ski trips or escape to warmer weather. However, as a homeowners insurance broker, I always try to warn my friends and clients of some considerations that need to be made when leaving the house for any extended [...]
Will Your Policy Protect You from an Uninsured Driver?
If you’re going to be out on the road, auto insurance is a requirement. However, with the recent economic downturn, people have had to make some tough choices in their budgets and changes to their spending habits. Unfortunately, important expenses—like insurance—may sometimes get cut. What happens if you get into an accident with someone who [...]
How to Handle a Hit-and-Run Car Accident
You always hope that there are no injuries in the event of a car accident. In addition, there are always a lot of emotions that can exacerbate the situation. So what happens if you’re a victim in a hit-and-run car accident? It could be absolutely debilitating—physically and emotionally. The first thing to do after any [...]
Health Insurance Discounts for Healthy Lifestyle Habits
When it comes to reality TV, I have one guilty pleasure: The Biggest Loser. I think it’s inspiring to watch people overcome critical emotional and mental limitations to make a much-needed transformation in their bodies. As a result, they improve their confidence in their appearance and build strength from their exercise regimen. When I see [...]
Women’s Health Insurance Coverage
Women’s health insurance coverage, along with many other women’s issues, can be very complicated. There is good news and there is bad news. Women are lucky because, according to the actuaries at insurance companies, we live longer. Many women may survive their spouses, and many of us could live a long life, but if we [...]