Decoding and demystifying terms and practices in insurance that can baffle the sharpest of minds!
Misconception #1. It costs more to go through an agent than to buy direct. Whether you use an agent or buy direct, you pay EXACTLY the same amount. The difference is that, when using an independent agent, you get free advice and guidance – allowing you to compare the rates Read more…
This is an article I wrote for the Nashville Chamber‘s HR Notes newsletter Have you set up a cafeteria plan for your payroll? If not, you shouldn’t put it off any longer. Cafeteria plans are so nicknamed because they allow employers and employees to choose “a la carte” benefits. More Read more…
So, what is the difference between group and individual health insurance? What options are there? Uncertainties in the economic market alongside the options available through the Affordable Care Act have led to many people calling me over the years about switching their health insurance plans. This could be a voluntary Read more…
What is the point of life insurance? The reason to have life insurance is pretty simple: If you have loved ones and you have an income, there are probably bills that need to be paid and people who are being cared for. It’s likely that they are at least partly supported by your Read more…
There can be confusion about WHY someone would seek out an independent insurance agent, verses buying online, or directly from an insurance company. People often assume that it must cost more to use an agent – that the costs must be built-in like they are when people use real estate Read more…
Did you ever look at an insurance quote and think, “I have no idea what all of this means, but I guess it looks okay”? For most people, reading through the terminology on an insurance quote is a good cure for insomnia. The words seem familiar but you haven’t taken Read more…
Health insurance quotes are confusing and full of jargon, some of which I went through and explained last time. This time, I’ll go through some of the most common red flags often overlooked by the consumer. Some common red flags: 1. What is the cancellation policy? – All policies have provisions where Read more…