Life insurance provides financial protection for your loved ones in the event of your death. When you purchase a policy, you expect that the death benefit will be paid to your beneficiaries if you pass away during the coverage period. But life insurance claims can sometimes be denied. So do policies always pay out when … Read more
Dealing with a denied insurance claim can be frustrating. But before giving up, filing an appeal is worth a shot. A well-written appeal letter has the potential to get your claim reviewed and approved. Crafting an effective insurance appeal letter may seem daunting at first. But following key steps can set you up for success. … Read more
When you purchase an insurance policy and pay your premiums each month, you know that part of that money goes to compensate the agent who sold you the policy. But what happens when you actually file a claim – does your agent also earn commission when they process your claim? This is a common question … Read more
Whole life insurance provides lifetime coverage along with a cash value savings component. This cash value can be accessed through withdrawals or policy loans while the insured is still living. But dipping into the available cash affects the other key policy value – the death benefit and face amount. Reducing cash value can shrink the … Read more
Medicare Advantage (also known as Medicare Part C) allows seniors to receive their Medicare benefits through private insurers. These plans include offerings like HMOs, PPOs, and others. But what exactly is included in a Medicare Advantage plan? What benefits, services, and costs should you expect? In this comprehensive guide, we’ll explain the key components included … Read more
Renters insurance provides protection for your personal belongings while you’re renting a home or apartment. If something happens like theft, fire, or water damage, renters insurance can help replace your items. But what happens when you buy a home – do past renters insurance claims follow you? The short answer is no, renters insurance claims … Read more
When you receive medical care, someone has to foot the bill. The entity that pays your medical costs is known as the insurance payer. Payers play a critical role in healthcare by providing coverage and reimbursing providers. But what exactly is an insurance payer? And what different types of payers are there? This article will … Read more
If you’re a healthcare provider that bills insurance companies for services, you may have received a request to complete a W9 form. This is a common requirement from insurers, but one that often leaves medical practices wondering – why exactly does the insurance company need my W9? This article will explain what a W9 is, … Read more
Traveling overseas can be an exciting adventure. But if you have Medicare, you may be wondering if your coverage applies abroad. Here’s what you need to know about using your Medicare benefits internationally. Medicare Coverage Outside the U.S. is Limited In most situations, Medicare won’t pay for health care or supplies you get outside the … Read more
Having an LIC policy that is nearing maturity? Want to check the maturity amount online without visiting an LIC branch? With LIC’s online facilities, you can easily find out your policy’s maturity details from the comfort of your home. This comprehensive guide will explain the step-by-step process to check your LIC policy’s maturity amount online. … Read more