Term insurance: simple and affordable When it comes to comparing different types of insurance policies for covering your life term insurance policies turn out to be the most simple and inexpensive. If your insurance needs don’t require sustaining a policy for your entire life, you may find it very appealing to get a term policy especially with the price tag being times smaller than of continuous policies. Why term policies are the cheapest option for life coverage? Term insurance policies will cover you only for a specific period of time. They also usually have pre-set premiums and fixed... 

The Health Savings Account (HSA) has a colorful reputation. Depending on who you ask, it’s either the best thing ever to come on to the healthcare market, representing a sweet investment opportunity for the healthy and wealthy, or it’s an unaffordable luxury plan of no relevance to the ordinary, low- and middle-income American. Well, let’s start with a simple definition. As the name suggests, an HSA is a savings account where you make provision for the need to pay all the obvious medical and long-term care expenses including some not included in the average health plan, e.g. dental... 

This is being written as we approach Thanksgiving and most people will be meeting up with family and friends to celebrate. As we plan for these big holidays, the main focus tends to be on planning the menu for the feast, buying the food and deciding who’s going to be responsible for laying in the alcohol. Not that many take out the auto policy to check nothing will go wrong with their insurance. This is a mistake. There will be bumper-to-bumper traffic on all the main routes as everyone gets on to the road to get where they are going. These are the busiest times of the year on the road. At... 

A group representing the insurance regulators has been meeting over the last few days. There have been a number of issues on their agenda, but the most interesting has been whether to adopt a policy for every state to require its local insurance companies to offer pay-as-you-drive policies. These policies have a simple purpose. If motorists drive less, there’s a reduction in the level of greenhouse gas emissions. This is a good thing because it will cut down on the overall damage to the environment. No matter what you believe about climate change, this will improve the health of the many... 

High risk drivers quite often might feel that they are the object of discrimination as it is very hard to find insurance coverage at an affordable price, if any coverage at all. The rates they are charged with often make them think of ways to reduce their costs while having the necessary amount of coverage, and it doesn’t seem that easy like with ordinary drivers. But still, don’t give up hope as there are effective ways you can lower your rates while still retaining the benefits you need if you are a high risk car owner. Get the best price you can find There are many insurance companies... 

The easiest thing to say in the world right now is that some US states are suffering more than others in the recession. The national media rightly focus on the headline figures showing the total numbers of unemployed, the foreclosure rate, and so on. This can be somewhat deceiving because it hides the fact that some states are actually turning in statistics very different from the national average. In Michigan, for example, the unemployment rate stands at 15.3%. The government estimates that, by the end of 2009, some 310,000 jobs will have disappeared with no sign of any consistent move for businesses... 

Insurance is a program that lets you pay instalments now against the risk of expenses in the future. With something like fire insurance, you get a quote for rebuilding your home or business premises from the ground up. That represents the maximum amount necessary to put you back into the position before the fire struck. No matter how optimistic or pessimistic you are, you and the insurance company can put a price on the potential loss. Unfortunately that does not work so well when it comes to medical costs. The young and optimistic have perfect health and prefer not to think about the risk of accidents... 

Washington likes acronyms when it comes to lawmaking and this new law is no exception. This is the Genetic Information Nondiscrimination Act (GINA) and this November sees it finally come into force. Because it affects both employers and the insurance industry, this has been a hard-fought change and was only signed into law last year. Now it should prevent you from obvious discrimination. Sadly, it does not rule out discrimination by backdoor means. If an employer overhears you talking at the water cooler or routinely surveys local news including the obituaries, it is legal to use this information.... 

Being self-employed has its pros and cons, and health insurance is one of the aspects, which makes potential freelancers think a lot about switching to this form of working. Some state that it’s hard to find appropriate health insurance if you are self employed, advocating against freelance jobs. But as with any other form of employment, there are ways you can get good coverage even when you’re on your own. It only takes time, patience and dedication to find good deals. And there are different options a freelancer can take to obtain health insurance coverage. Be independent There are... 

Is it true that red car owners have more speeding tickets than people whose cars are colored differently? Does your insurance company set rates according to the color of your car’s body? Have colors have anything to do with the likelihood of car accident occurrence? These are questions you have asked yourself at least once. Are the red cars really fast? You have definitely heard numerous rumors telling about red cars being ticketed far more often and costing more to insure than cars of any other color, even if there’s no statistical proof of such information. Because there’s no...