Long-term care (LTC) insurance helps pay for services like nursing home care, assisted living, and in-home care. Policies cover a portion of costs, but are not unlimited. LTC plans have defined benefit limits and maximums. Understanding key LTC policy benefit limits allows you to evaluate options and select appropriate coverage. This article provides an overview … Read more
When researching insurance options to protect your business or personal assets, you may come across terms like “third party liability” and “public liability” coverage. This raises the question – are these the same type of insurance or are there key differences? Understanding what each covers and when they overlap or diverge is important in assembling … Read more
Filing taxes can be confusing, especially when tax laws change from year to year. One important decision for seniors is whether to take the standard deduction or itemize deductions on their tax return. For 2023, the standard deduction amounts have increased. Additionally, if you are 65 or older, you may qualify for a higher standard … Read more
Having health insurance protects you and your family by providing coverage for medical expenses. But what if you are in a committed relationship without being legally married? Does your partner still qualify for insurance benefits? The answer depends on your state’s laws and your employer’s policies on domestic partner coverage. Here’s what you need to … Read more
If you’re enrolled in Medicare, you may be wondering if you need to get issued a new Medicare card annually. After all, many types of ID and insurance cards need to be renewed regularly. The short answer is no, you do not receive a new red, white, and blue Medicare card from the government every … Read more
Cigna Open Access Plus (OAP) is a type of preferred provider organization (PPO) health insurance plan offered by Cigna. As a PPO, the OAP plan provides more flexibility in choosing doctors compared to health maintenance organization (HMO) plans. But you may be wondering, what exactly is a PPO and how does the Cigna OAP plan … Read more
Arthritis is a term that describes over 100 medical conditions that affect the joints and surrounding tissues. It results in pain, swelling, and stiffness in the joints that can limit mobility and reduce quality of life. But what is the most common type of arthritis that affects people? Keep reading to learn more. Osteoarthritis is … Read more
Universal life insurance is a form of permanent life insurance that combines lifelong coverage with a cash value component. This cash value can grow on a tax-deferred basis and be used in various ways during your lifetime. But what happens to any remaining cash value when the policyowner passes away? When you die, the cash … Read more
When you first enroll in Medicare, you’ll receive a red, white, and blue Medicare card in the mail. This card is your proof of Medicare coverage. It contains important information like your Medicare number and your coverage effective dates. A common question many Medicare beneficiaries have is whether their Medicare card ever expires. Do you … Read more
Hitting a deer can be a scary and dangerous experience for any driver. These unpredictable animals can dart out in front of your vehicle unexpectedly, leaving you with little time to react. The resulting collision often causes extensive damage to your car. After such an incident, one of the first questions on your mind is … Read more