I am looking for a medical insurance which doubles as duration insurance. any suggestions?
i am married with 1 child. male, 40 yrs ancient. don't smoke, don't drink. i want to invest in my future and i come up with insurance is the way. i am looking for an insurance coverage to safeguard my savings intended for my wife and daughter's adjectives. i don't want my life savings to be used and depleted to reimburse for medical expenses should i need medical attention. can anyone suggest a reputable insurance company i may be able to inquire next to? by the way, i am self employed.
Answers:
Medical insurance and enthusiasm insurance are two different things, and would be purchased separately.
Insurance is not an investment, you will not get money hindmost.
Medical insurance is very expensive for doctor visit with the sole purpose, average $14000/year for a family, but you still need to salary co-pay ( about $10 per visit) and deductible( $1000 per hospital stay), the most commons are Kaiser, HMO, Blue cross. They don't give insurance to existing diseases such as Cancer, AIDS, surgery..., and the hospital may restrict your call on and stay. Dental and Vision is extra.
Life insurance is for your death or severe disable, you get the amounts( death) or half( disable) your insured, rate can be $1 /month for $10K.
There are nonspecific disable insurance based on your income, rate based on your occupation and risk factor.
If you have element health insurance then you wouldn't enjoy to worry about your funds being depleted by expensive medical costs. Most plans have out of pocket edges that prevent you from having to shell out more than several thousand dollars.
You would purchase life insurance to protect your home from the loss of income that your family would experience should you pass away or to relief cover your funeral costs and pay off debts.
If you are worried just about nursing home and skilled facility care down the road then a long permanent status care policy would be the way to dance, but most financial experts don't advise that purchase until you are around 60. Source(s): My blog: http://gardenstatelifeinsurance.blogspot…
Sounds close to you're looking for a long-term care policy. They're separate from your medical insurance, but a great idea if you want to preserve your estate surrounded by case you need home strength care or nursing home facilities.
Call a local agent. The policies available depend on where on earth you live. An experienced agent can narrow down your options to one that best fits your wishes in just a few minutes. Avoid the online shopping, nearby is just simply too much information, and too many scam to watch out for. Also, be open minded around an HSA type of policy. For more info about HSA's see link below.
Don
http://mtnhealthinsurance.com
Related Questions:
Answers:
Medical insurance and enthusiasm insurance are two different things, and would be purchased separately.
Insurance is not an investment, you will not get money hindmost.
Medical insurance is very expensive for doctor visit with the sole purpose, average $14000/year for a family, but you still need to salary co-pay ( about $10 per visit) and deductible( $1000 per hospital stay), the most commons are Kaiser, HMO, Blue cross. They don't give insurance to existing diseases such as Cancer, AIDS, surgery..., and the hospital may restrict your call on and stay. Dental and Vision is extra.
Life insurance is for your death or severe disable, you get the amounts( death) or half( disable) your insured, rate can be $1 /month for $10K.
There are nonspecific disable insurance based on your income, rate based on your occupation and risk factor.
If you have element health insurance then you wouldn't enjoy to worry about your funds being depleted by expensive medical costs. Most plans have out of pocket edges that prevent you from having to shell out more than several thousand dollars.
You would purchase life insurance to protect your home from the loss of income that your family would experience should you pass away or to relief cover your funeral costs and pay off debts.
If you are worried just about nursing home and skilled facility care down the road then a long permanent status care policy would be the way to dance, but most financial experts don't advise that purchase until you are around 60. Source(s): My blog: http://gardenstatelifeinsurance.blogspot…
Sounds close to you're looking for a long-term care policy. They're separate from your medical insurance, but a great idea if you want to preserve your estate surrounded by case you need home strength care or nursing home facilities.
Call a local agent. The policies available depend on where on earth you live. An experienced agent can narrow down your options to one that best fits your wishes in just a few minutes. Avoid the online shopping, nearby is just simply too much information, and too many scam to watch out for. Also, be open minded around an HSA type of policy. For more info about HSA's see link below.
Don
http://mtnhealthinsurance.com
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