Insurance

Do You Believe in Health Care Sharing Ministries?

Since Jan. 1, my family has been without traditional health insurance for the first time in our lives. Sounds scary, but it wasn’t a decision we took lightly, or one we made voluntarily. Due to the passage of the Affordable Care Act (ACA), also known as Obamacare, the Anthem plan we had last year was …

Categories: Health, Insurance

How to Start a Home-Based Medical Billing Service

There’s a reason your mother said that if you can’t be a doctor, marry one — because there’s lots of money to be made in health care. But if you missed the bus to medical school and you haven’t married a doctor, there’s still lots of money to be made from being a health care professional, …

Are Annuities Right for You?

Annuities are not complicated, which is why so many people find them appealing. They come in two basic types — immediate and deferred — with two ways of calculating earnings — fixed and variable. Immediate annuities: As their name implies, these begin paying you as soon as you buy them. Payments are based on your original …

Categories: Insurance, Retirement

Retiring Abroad? What You Need to Know About Health Insurance

So you want to pack up all your cares and woes and retire overseas. The world is full of possibilities, from hundreds of thousands of miles of warm and habitable coastline to mountain towns and cosmopolitan cities on six continents. Your retirement benefits including Social Security will travel to your destination. However, one thing that …

Will 2015 Bring Lower Health Care Costs?

When it comes to health care, the most common question is: Will my costs go up in 2015? The answer is a resounding… absolutely maybe! There are multiple answers. The cost of health care services will be going up in 2015. That means doctors and hospitals will increase their fees. The same is true for lab …

Categories: Health, Insurance

Why You Probably Don’t Need Rental-Car Insurance

Your bags are packed, you’ve found a sitter for the dog, and you’ve suspended your newspaper subscription for a few days. That can only mean one thing: You’re going on a trip. This year, consumers will take 1.6 billion leisure trips across the United States, reports the U.S. Travel Association, a trade group. Nearly eight in …

Best Travel Insurance for 2015

Do you really need travel insurance? An unexpected illness, a death in the family, a missed flight, even a lost suitcase — all are common scenarios, and all have the potential to cancel or ruin an expensive, carefully planned trip. For some globetrotters, travel can be an investment just as significant as a car or …

Categories: Insurance, Travel

What to Know Before Buying Insurance Stocks

Promises, promises. Insurance is all about promises. Policyholders promise to pay their premiums and insurance companies promise to pay claims in a timely manner. On the surface, it’s a straightforward proposition, unless the insurance company can’t afford to pay all its claims. Policyholders are not alone in that fear. For many investors, particularly casual investors, …

Insuring the Sharing Economy

Any doubt about the depth of wisdom of a mother’s time-honored aphorism to “share and share alike” has been laid to rest by the meteoric rise of the sharing economy. From Airbnb to Zipcar and an ever-growing list of collaborative enterprises, the opportunities for consumers and entrepreneurs abound almost equally. No matter whether you attribute …

Is Your Insurance Ready for Retirement?

Retirement is probably the most anticipated and planned-for milestone of our lives. When it finally arrives, it does so silently like an overnight snowfall that, even though it was expected, renders a once-familiar landscape alien. Retirement planning lends itself to metaphors that reference nest eggs and shedding the chains of responsibility. When it comes to insurance …

Four Tips for Using FSA Money Before New Year’s

At the end of the year, we can all get a little scatterbrained. Between work deadlines, gift shopping, baking treats for the kids’ holiday parties, making travel arrangements, and stressing over what to write in the greeting card, there’s just not enough time to get everything done. So we forget stuff — important stuff like our flexible …

Best Health Insurance Companies in 2015

The Affordable Care Act (ACA), Obamacare, the individual health-care mandate, health savings accounts, high deductibles — how in the world are you supposed to find the best health insurance companies? Unfortunately, picking a top health insurance company isn’t as straightforward as finding a low rate on car insurance, for instance. The best company and plan …

I’m Covered — No You’re Not! How to Dispute Insurance Claims

You’re sitting in your favorite chair when you hear the sound of screeching tires, followed by breaking glass and crunching metal. Before you even have a chance to get up and see what’s happening, a 1977 Cadillac Coupe Deville crashes through your living room wall, knocking you from your chair and breaking your right arm …

How to Insure Your Home Business

A business is a business regardless of where it’s located. That includes home-based businesses, which is why decisions about insurance should be based on need and not location. Each of the almost 40 million home-based businesses in the United States is unique. From the smallest part-time venture to multimillion-dollar international enterprises, they all need insurance to …

How to Start Your Own Insurance Business

Looking for a recession-proof business? Insurance is one of those industries that is largely untroubled by the state of the economy. The reason is that most insurance products are necessary part of modern life. You can’t own a car without automobile insurance, and while your mortgage company may not require that you have homeowners insurance, would …

Cyber Insurance for Your Business

The saying “crime doesn’t pay” is intended to caution would-be criminals that the reward is not worth the risk. And for the most part, it’s true: The average act of grand larceny in 2013 netted about $1,260, according to the FBI. Conviction of grand larceny is punishable by up to five years in prison; with time off, …

How to Find Affordable Health Insurance in 2015

Whether you’re self-employed, unemployed, or covered under an employer’s health-care plan, finding affordable health insurance can be a frustrating, time-consuming process. Throw in controversy around the Affordable Care Act (ACA), and finding accurate, reliable information can be a nightmare. Sure, cheap health insurance exists, but qualifying can be tricky, and you’ll want to be sure …

Best Cheap Insurance in 2014

Whether you’re looking for auto, home, or life insurance, you certainly don’t want to overpay. Unfortunately, policy prices are based on highly personal factors; what might be the cheapest insurance company for your friend or neighbor could be the most expensive for you. And you might find an awesome deal with a certain provider now, …

Categories: Insurance

Cyber Insurance and Personal Data

Imagine if complete strangers could look inside your head and see your every thought and know everything about you. Imagine if they could use that information any way they wanted to. What sort of damage could they do to your life? Strangers can’t get into your head to root around for information to exploit, but …