Life Insurance Brokers

The Internet provides some of the best deals on a wide array of products and services including life insurance. There are a large number of insurance companies that sell life insurance policies online. In addition, the fierce competition among these companies has led to some of the lowest prices for life insurance policies in years.

However, given that there are quite a lot of insurance companies to choose from, canvassing for a good life insurance policy can be a bit of a challenge. It would take a lot of time to go to each insurance site and compare products. Therefore, it makes sense to contact a life insurance broker.

A life insurance broker deals with numerous insurance companies and will search for the best company and policy for you. You supply your broker with the provisions you are looking for, and the broker will search for the best policy to suit your requirements. When you hire a life insurance broker, you can expect to be provided with as many as twenty life insurance quotes. A broker will submit your information to different insurance companies and when the quotes come in, will discuss the pros and cons with you to help you make a decision about what policy is best for you.

Looking for a good life insurance policy online can be a bit of a challenge because of the large number of insurance companies who advertise online. However, the search for a good insurance policy can be easy with the help of a life insurance broker. A broker will do the legwork in finding the best possible insurance for a client and will offer sound advice on how to decide and pick an insurance policy.

Whole Life Insurance

Mankind lives by hope—hope for a better tomorrow, for a better standard of life and for a better future for his or her legacy and dependents. Individuals strive and toil to realize a future where the children and dependents are happy even after he or she is gone. But the only permanent thing in nature is change. Nature, in its change, brings tragedies like death to an individual level through diseases or strikes at society through calamities such as hurricane and earthquake. Insurance as a social weapon helps to combat these problems.

Insurance is the collective pooling of individuals to mitigate the risks against calamities such as diseases and nature’s wrath. It is an innovative form of risk mitigation strategy that provides financial independence to the dependents during times of disaster.There are several types of insurance that provide coverage against any type of risks to both life and inanimate objects such as buildings and inventories. Life insurance provides coverage against death. Initially, life insurance companies provide coverage for a limited period of time, during which if the insured dies, the death benefit is usually given to the dependents, called beneficiaries. But if the insured doesn’t die during the period, he incurs a financial loss, as there is no possibility of getting the death benefit or recovering the premiums.

Whole life insurance circumvents this problem by providing a death benefit, no matter when the insured dies. The concept of whole life insurance becomes significant when one ages, bringing more responsibilities such as raising children, providing for their education and providing for retirement. Whole life insurance has a cash component, “cash value,” which is treated as a savings account within the policy. This can be used for temporary expenditures such as buying a home. This cash value provides income by investment in government-designated bonds.
There are advantages and disadvantages to whole life insurance. But it certainly provides relief and independence by way of assured benefits.

Life Insurance

Life insurance is the policy you take out to protect your family and loved ones when you are gone.

How would you feel if the provision you made for your family is not able to keep them after your demise? You have to know what to expect when you are gone. To get the rest of mind that a good life insurance gives, you need to get information on all the fine details of life insurance. Here are a few tips to help you out.

· There are two types of life insurance. Term insurance and Cash value. Term insurance is the policy that gives you coverage for a specified period of time while the cash value is the policy that gives you a combination of death benefit and cash value. There is also a policy known as the convertible term insurance. This is a policy that can be converted from term to whole life policy. The term policy is best for people who want something that is temporary for example those who want a policy till when their children leave home. For someone on a tight budget and not very many dependents, you may want to take out a term policy. The cash value policy gives you lifetime protection.

· To determine how much life insurance coverage you need, you have to estimate how much income your family would when you are gone. If you are married and have children, your life insurance needs would definitely be different from that of a single person or one who does not have dependents. Your assets and liabilities (what you have and what you owe) is also a strong indicator of how much coverage you need.

· You need to know that the income your life insurance would bring would help replace the income your family would lose after your death. Unless you are single and have no plans of getting married, or you do not have any dependents, you really need life insurance. Your life insurance can also help to pay off your debts and final expenses.

· Before you buy life insurance, verify that you are dealing with a company that is licensed to sell insurance in your state. You can use resources like your State's department of insurance website, and institutes that rate insurance companies. (Standard and Poor's, AM Best and others). You do not want to deal with a company that would come through for you.

Temporary Health Insurance - Saving Money On Quotes

Temporary health insurance is a great option for many people who find themselves without health insurance. There are some limitations, but it can be an affordable alternative. Here are some things to consider.

Many people choose temporary or short-term health insurance as a way to protect themselves from a financially catastrophic illness or injury while they are temporarily uninsured. For example, you may be in-between jobs or waiting for your employer health insurance benefits to start. Or maybe you're a recent college graduate, just getting ready to start your career -- including a salary and benefit plan.

There are some restrictions with short-term health plans: Pre-existing conditions are usually not covered, and neither are routine doctor visits, preventative care, physicals, dental and vision. Policies are typically available for anywhere from 30 days to 12 months. Coverage usually can start within 24 hours after receiving the application and initial payment. Also, enrolling in temporary insurance can make you ineligible for the more expensive guaranteed-issue HIPAA plans which usually cover pre-existing conditions.

If you think you need longer coverage, have a pre-existing condition or need additional benefits, you may want to look into a regular individual or family health plan. If you are self-employed, a long-term plan may be a better option.

When your coverage term ends with temporary health insurance, you are often able to re-apply for another term.

Health insurance rates are determined by the insurance company and filed with the state that you live in. Rates can vary quite a bit, and so can plan features. The best way to save money and get the right insurance for your situation is to do some comparison shopping. You should try to get at least three plans to look at for comparison.

Also, you may be able to save some money by choosing to pay the entire premium upfront instead of in monthly payments.

Short Term Health Insurance Plans

Short term health insurance plans are temporary health insurance plans, which provide flexible, inexpensive coverage for most injuries and illnesses. Its medical coverage usually ranges from 30 days to 6 or 12 months.

Short term health insurance plans are designed for healthy individuals and families, who do not require coverage for pre-existing conditions. Most short term health insurance plans are open only to those who are under the age of 65 years. Many short term health insurance policyholders are fresh graduates, people in non-traditional jobs, temporary employees looking for health insurance, people in career transition, self-employed, between long term health insurance plans, recently laid off or unemployed, and those who looking for an affordable option to COBRA coverage. This plan is also ideal for foreign students studying in the country.

Short term health insurance plans belong to a category known as "indemnity care." Short term health plans include emergency care, hospitalization, prescription drugs as well as some preventive health programs. Depending upon the plan, profits can be generous and extensive. These plans often can be a one time cost. Holders have the option to pay on a monthly base or have a single payment choice. Cost of all such plans is often half the price of an individual health insurance policy. You can also drop the short term health insurance plan easily.

Generally, short term health insurance plans finish after the specific policy period. The plans normally cannot be renewed. After a plan is finished, you will need to find health insurance coverage through a long term plan. The majority of the short term health insurance providers also have long term plans. It is wise that you consider an individual health insurance plan rather than a temporary plan in case you need insurance for more than six months. Before deciding on a short term health insurance plan thoroughly understand its features and usefulness for your health care.

Need Low-cost Temporary Family Health Insurance

Many families will find themselves without medical coverage at some point in their lives. So, what do you do if you find yourself in this situation? Here are some thing that you should consider when purchasing quality, low-cost temporary family health insurance.

Low-cost temporary family health insurance is available for those under 65 and who are in generally good health. It also usually covers dependants under 19, as well. Although these policies are only good for six months or so, you can reapply for coverage, as needed. Bear in mind, however, that any illness or condition that occurred during this temporary coverage will be treated as a pre-existing condition under the new policy.

Before you apply, however, there are some questions you should ask the salesman or representative. You need to be certain of the maximum policy benefit, for example, and you should make sure of the co-payment schedule. Many low-cost temporary family health insurance plans are PPO networks, so you need to find out if you are required to have a primary care physician. You should also ask the representative how pre-existing conditions will be treated under the plan. Some companies will not cover pre-existing diseases or conditions; some will do so, after a pre-determined period, like twenty-four months.

There are many good low-cost temporary family health insurance plans available and with a little patience and research, you will find the policy that is just right for your family.

Short Term Disability Insurance

Short-term disability insurance (also known as STD) is a branch of general disability insurance policies. This type of insurance covers potential disabilities only for a short period of time. That is, if you happen to be unable to work for a limited period, the insurance will cover a percentage of your salary; this continues until you are again able to work or until the deadline of the coverage expires.

Specifically, short-term disability policies are designed for people who do not have the financial background that would enable them to make it through a temporary disability situation. This means that those policies are only designed to cover a period of time that lasts no longer than one year. A typical example is a woman who is about to give birth. She is going to be unable to attend her job for at least three months. If she were not financially strong enough to handle a loss of salary, then short-term disability insurance would definitely help her.

Disability policies will cover injuries caused by accidents as well as illnesses that prevent you from being able to work. Again, the coverage will only be valid for a pre-specified, short period of time; as soon as that period of time is over, your short-term disability policy is no longer obliged to support you.

As a side note, this type of policies never supports you with your full salary; they will only provide you with a percentage of your original salary. Percentages usually range from 45% to 60%, and they never go above 70%. This is a factor that someone who seeks such a policy should consider very well before he chooses.

One important thing to know is that when you claim temporary disability, depending on the reason that you present, the payment may come earlier or later. Although first payments usually come after two weeks, injury disabilities are paid almost immediately. On the other hand, it takes a few days in order to prove that an illness is really preventing you from being able to work.

Thank: http://ezinearticles.com/

Personal Health Insurance Plan - How to Get the Best Rate

One size doesn’t necessarily fit all when it comes to health insurance. But if you have a group insurance plan, such as through your employer, you have to accept the coverages and deductibles they offer. A personal health insurance plan, on the other hand, lets you pick the coverages that are right for your health needs and that fit your budget.
What Is Personal Health Insurance?
A personal health insurance plan can be anything you need it to be:
* A comprehensive insurance policy to cover you and your entire family long-term.
* A short-term insurance policy to cover you when you are between jobs.
* A supplement to cover gaps in your existing health insurance policy.
Saving on Personal Health Insurance
Personal health insurance plans may be more costly than group plans because you are not sharing the cost with your employee. To help you get the best rate on your personal health insurance plan, follow these tips:
* See if your auto and home insurance company also offers health insurance and if so, whether you can get a discount.
* If you have any bad health habits, such as smoking or obesity, work to break these habits and improve your health.
* Set your deductible as high as you can afford.
Buying Personal Health Insurance
Ready to investigate how personal health insurance can help you? Begin by visiting an insurance comparison website, where you can
* Get quotes for your personal health insurance plan.
* Chat with insurance professionals and get answers to all your questions about personal health insurance. (See link below).
To get your quotes, you complete a form with information about yourself and your insurance needs. You then receive quotes from multiple A-rated health insurance companies and can choose the plan that's best for you.
With a little time spent comparison shopping, you can find the best rate possible for your personal health insurance plan.

thank http://EzineArticles.com/

Temporary Health Insurance Coverage

If you are in between jobs and think you need health insurance coverage while you look for another one, getting temporary health insurance coverage may be the solution for you. The following is a summary of how it works, some of its benefits, and some considerations to be made when thinking of getting a temporary health insurance policy for your family.

How it works
Temporary health insurance is exactly that: temporary. Most policies offer coverage no less than one month and no longer than six months (though there are states that offer coverage for an entire year), after which your policy is terminated. The process of application is much the same as with an individual insurance policy. The applicant must go through the screening process and must be cleared in order to be given coverage. It is at the point that the applicant is cleared that details on premiums, deductibles and duration of coverage are discussed. Also, most temporary health insurance policy providers will not allow you to change how long your coverage will last.

Advantages of having temporary health insurance
The application for this kind of health insurance is usually the fastest way to get coverage because the time frame of your coverage is short. Some policy providers even offer next-day approval. This kind of coverage is also good for people who either expect to be employed soon and simply require coverage for the meantime, or for self-employed people looking to enter a company. In both cases, the policy does not require that you make a commitment to it for too long a period.

Some considerations
If you expect to be employed within the next few weeks, this kind of coverage may not be a good choice for you. Most companies offer group insurance coverage and the minimum coverage of temporary health insurance is at least one month. However, if you are still in the process of looking for work and expect to have a job in three months, this can be good to tide you over during that time. Alternatively, if you are self-employed and do not wish to enter into a company, perhaps a better choice would be an individual health insurance policy instead of a temporary one. At the very least, it will reduce the hassle of having to renegotiate with your policy provider every time your policy terminates.

Thank. http://EzineArticles.com/

Apply Online for Temporary Health Insurance

There are times when you'll find yourself temporarily without health insurance. You may be between jobs, just starting a new job or a student who is no longer covered on your parent’s health insurance. Temporary health insurance purchased online can help provide gap coverage for those times when regular health insurance isn't a possibility.

Short term health insurance is one of the easiest types of insurance to purchase online. It is meant to cover major emergency medical expenses for people who are temporarily without other health insurance. Sometimes referred to as catastrophic health insurance, it is not designed to be your primary health insurance. It won't pay for preventive health care, routine office visits, and prescriptions for pre-existing health conditions like asthma and diabetes, or treatment for pre-existing conditions. Many temporary health insurance policies also have a list of illnesses and injuries for which they limit coverage. Be sure to check the plan you're considering carefully to be sure that it will cover what you might need it for.

Depending on the deductible you choose, your age and your health condition, temporary health insurance can be very affordable. For instance, $30 to $50 a month will purchase a policy with a $250 deductible for a healthy male in his early twenties.

What will that buy you?
Under the terms of most temporary health insurance policies, if you're involved in an accident that lands you in the hospital with a $50,000 bill, you'll pay as little as $1,250 for treatment. Before you pshaw at that, consider this: treatment for a broken leg can easily top $10,000 once X-rays, casts and follow-up visits are factored in.

Short term health insurance is meant to be temporary, so there are limits to the length of time that you can be covered by a temporary health insurance plan. Some companies will allow you to renew your plan once at the end of the term of coverage. Others will make you apply again, but only once.

When you apply for temporary health insurance online, most companies will cover you within 24 hours of your application. Many policies will issue you a policy immediately. You can find many web sites that offer comparison tools and online applications for temporary health insurance. Once you decide on a plan that meets your needs, you can have up to ten quotes for health insurance premiums in minutes, and have health insurance coverage within 24 hours.

Thank. http://EzineArticles.com/

Temporary Student Health Insurance

Temporary student health insurance policy is designed specially to cover illnesses for students studying away from home. Temporary student health insurance gives a student short-term medical insurance coverage, should it be needed to pay for unforeseen illnesses and injuries.
The need of a student health plan is very important because while many health insurance plans cover full-time college students who are on their parent’s plans, many more limit that coverage to local doctors only. And some parent's health plans include children only up to a certain age, which can exclude college-age students.
Temporary student health insurance is simple, affordable and easy to acquire. College students under the age of 30 can use this plan and the coverage is available from 30 days to 6 or 12 months. The students have the opportunity to find their own doctor or hospital.
Today, there are two basic types of temporary health insurance plans - the Indemnity Plan and the Managed Care Plan with their variants. The Indemnity Plan gives a person the freedom of selecting any doctor or hospital; however, this freedom usually has high out-of-pocket costs. The Managed Care Plans, which are more restrictive, need a person to choose medical professionals and institutions that are part of the plan's ""network."" The cost for this insurance type is normally lower than the Indemnity Plans.
Now, a growing trend is seen in colleges and universities to require health insurance for all enrolled students. With extremely affordable rates, the institutions offer their own temporary student health insurance plans, or one through a local insurance source. Most college plans cover any health or accident related expenses as long as the students maintain a certain period as a registered scholar.
A temporary student health insurance plan, however, usually does not cover pre-existing conditions incurred for the first 12 months, maternity, outpatient prescription drugs, mental illness or substance abuse, routine physical exams, and intercollegiate sports injuries.

Temporary Health Insurance

Temporary health insurance, also known as short-term health insurance plans or short-term medical insurance, is an insurance policy valid only for a limited period of time. Health insurance is defined as a type of insurance plan whereby the insurer covers the medical expenses of the insured when he/she becomes sick due to covered causes, or due to accidents.
Temporary health insurance provides ideal protection for persons who are in-between jobs, employed part-time, waiting for permanent health insurance to commence, attending school or recently graduated, and temporarily without health insurance for any reason.
Temporary plans provide a person the freedom of selecting any doctor or hospital. They also have a deductible scheme for the individual as well as the family. A person under 65 years of age and children under 19 or 25 (if a full-time student) are eligible to apply for temporary health insurance. The insurer may be a government organization or a private agency. Normally, the temporary health insurance can be purchased for periods as short as 30 days or up to 360 days.
The important point to remember when considering this type of insurance plan is that the insurance should not be seen as an alternative for standard, long-term health insurance. The plan is only intended to provide treatment for unforeseen illness or injury. Temporary health insurance is also exempt from Health Insurance Portability and Accountability Act (HIPAA), which means that the plan does not have any guarantees. Once the limited time frame of the insurance ends, the insured may or may not be able to purchase extra health insurance, depending on his health at that occasion.
Temporary health insurance plan is a good option for those to whom a full insurance plan is not available. There are also low-cost health insurance plans, which are affordable plans designed for healthy people who are temporarily without health insurance.