TodayInsurance.net

It wasn t to long ago that the most popular form of health insurance was the indemnity heath care plan. This form of health insurance also sometimes referred to as a “fee-for-service” health care plan were preferred over other coverage or plans provided by health insurance companies or providers because they gave the insured the opportunity to choose their own hospital, doctor or health care specialist. Unfortunately, with the rapidly rising costs of medical treatment and hospitalization these plans have taken a back seat to managed health care plans. In fact, most of today s companies only really offer their employees the opportunity to sign up for a managed health care plan if they even offer health insurance coverage as a benefit of employment.

As was previously mentioned indemnity health care plans were extremely popular because they gave the freedom for anyone subscribing to this form of insurance the ability to keep their own doctor or physician and seek health care from a hosp (more...)

For years, mortgage life insurance has been the topic of heated debate among financial planners, lenders, and insurance agents. One side argues the utter waste of money it is, while the other side argues the practicality of it. With opinions flying so wildly, which side of the debate is right?

A mortgage life policy is designed to pay off the balance of your mortgage in the event that you die or become disabled. With a person s home being their primary asset, the concern that it be protected is understandable. This is especially the case when someone has children they want to provide a home for in the event they are no longer alive. However, what are the implications of purchasing it?

While the basic principle of mortgage life insurance is a sound one, there may be better ways to spend your insurance dollars. Most financial planners that criticize it do so because it is so limited in scope. Typically, narrowly targeted insurance is discouraged as the protection it offers is restricted (more...)