Sentences with phrase «purchasing supplemental insurance»

Since the average employee remains with an employer for less than five years, purchasing supplemental insurance through a private carrier may be a much better option.

After I qualified for Medicare and purchased supplemental insurance, I started asking my pulmonologist about lung transplants.

If you're in an area with a high risk of such events occurring, it might be wise to purchase a supplemental insurance policy.

You can also purchase supplemental insurance, called Medigap, that can help pay for your deductibles, copayments, and coinsurance.

Premiums paid by your employer, or you if you purchase supplemental insurance, are primarily determined based upon which age group you fall into (such as 30 - 34 or 35 - 39).

You can purchase a supplemental insurance policy to cover some or all of the out - of - pocket costs you'd otherwise incur under Original Medicare — ie, the «gaps,» which include copayments, coinsurance, and deductibles.

Even if you purchase supplemental insurance (such as Medicare Part B), there are still going to be some cost gaps.

While employers often allow employees to purchase supplemental insurance, costs aren't always competitive with the open market.

Turning 65 is a milestone event that typically includes eligibility for Medicare; however, most Medicare recipients also purchase supplemental insurance to help pay for medical services that Medicare doesn't cover.

Not exact matches

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

For those who need to purchase supplemental coverage, travel agents sell plans, as do insurance brokers.

If you find a standard home insurance policy's liability limit is lower than this amount, consider purchasing an optional umbrella policy to provide supplemental coverage.

Several health - related benefits are tax exempt including benefits from employer - sponsored supplemental disability insurance purchased with after - tax dollars, private insurance plans funded with after - tax dollars, most benefits from employer - sponsored health insurance plans, and worker's compensation.

In fact, about 90 % of Medicare beneficiaries purchase some form of additional supplemental insurance to help cover medical expenses.2

If you are already retired, you can compensate your healthcare expenses by purchasing illness - specific coverage or supplemental insurance policy.

Supplemental Life Insurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eaInsurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eainsurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eainsurance amount, and dependent life insurance of $ 10,000 for eainsurance of $ 10,000 for each child.

You may check other option of purchasing additional insurance coverage and any of the other supplemental services offered by the rental company (GPS, cooler, child seats, mobile phone rental, etc.).

Some employers provide employees with the option to purchase supplemental life insurance that increases coverage and does not have stipulations, such as AD&D or burial insurance.

A supplemental policy works the same way as most types of life insurance: You choose a coverage amount to purchase; make regular payments on the premium, and your beneficiary can receive a cash benefit when you pass away.

As an example of the above, let's assume that you are 40 years old and decide to purchase an indexed universal life insurance policy for supplemental income purposes.

When group coverage and traditional individual disability insurance don't provide enough coverage, the high - income professional can purchase a supplemental disability insurance policy.

Generally, purchasing supplemental term insurance offers a more cost - effective option.

To better secure your family's financial future, you may want to consider purchasing supplemental life insurance.

In order to obtain coverage for these storms, you may need to purchase a supplemental policy known as hurricane insurance.

An Umbrella or Excess Liability policy is not part of your Homeowners policy but makes a supplemental insurance coverage, which you have to purchase separately.

To protect that additional excess income, purchasing a supplemental dentist disability insurance policy is highly recommended.

Many people who have a short - term or long - term policy through work purchase supplemental disability insurance to make up the difference or to at least ensure they have enough money to cover their bills if unable to work.

While people often get some life insurance coverage through their employer, many purchase supplemental policies to have coverage tailored to their lifestyle.

That's part of the reason why most people are better off purchasing long - term disability or, at least, supplemental long - term disability insurance on their own.

On the other hand, if you need more life insurance than is provided as basic group coverage and have had trouble being approved for an individual policy, you should purchase supplemental life insurance.

Because vision insurance is supplemental to regular health insurance, it's difficult to understand which benefits are included and which ones must be purchased.

It can be purchased separately or as supplemental insurance in addition to term or whole life coverage.

If you purchase casualty insurance for home or business, be sure to view and read supplemental insurance.

Also, customers of AIG / American General can purchase retirement annuities (to help with tax - advantaged saving and ongoing income in the future), as well as accident and supplemental health insurance coverage, income protection solutions, and retirement planning programs.

Supplemental insurance is extra or additional insurance that you can purchase to help you pay for services and out - of - pocket expenses that your regular insurance does not cover.

Supplemental health products are products designed to be purchased in addition to a major medical health plan (such as a short term or an ACA / Obamacare health plan) or a health benefit insurance plan.

Supplemental life insurance is typically only a good choice if you have pre-existing conditions or for some reason can't purchase an individual term life insurance policy.

Whether you should purchase supplemental life insurance through your employer is primarily dependent on your health.

However, if you're relatively healthy and can qualify for reasonable rates elsewhere, we wouldn't recommend purchasing supplemental life insurance.

Supplemental dental insurance is purchased to fill the gaps in a policy holder's dental or medical coverage.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

An employee can then choose to purchase supplemental life insurance, typically by paying a small monthly premium.

With the summer travel season heating up, countless consumers will soon face a question they have little idea how to answer: Would you like to purchase supplemental rental car insurance?

If this is the case in your situation, one option is to purchase a supplemental life insurance policy on the private market.

Voluntary supplemental life insurance is another name for supplemental insurance that an employee chooses to purchase from their employer.

When you qualify for Medicare, you will be asked about which, if any, supplemental insurance plans you wish you purchase.

After hearing the salesperson's explanation, it may sound like a good idea to purchase their supplemental rental car insurance.

However, when an injured person in your vehicle is your spouse unlike the purchase made, you need to opt for Supplemental Spousal Liability Insurance.

Rideshare drivers should know how a rideshare company's insurance works and understand the advantages of purchasing supplemental coverage.