old age woman thinking about life insurance plan
Nov 24

At What Time Do You Need a Life Insurance Plan the Most?

Posted by Randy Jones Insurance Services

One type of insurance one shouldn’t do without is life insurance plan. While some take full advantage of it, others take it for granted. That’s probably because nobody expects death to hit them or anyone they love. However, this is all the more reason why you need life insurance plan the most. Death…

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Old woman outliving her life insurance
Nov 17

What Will Happen if I Outlive My Life Insurance?

Posted by Randy Jones Insurance Services

Life insurance is a touchy subject for most people because nobody wants to dwell on the thought of dying and leaving their loved ones behind. Nevertheless, life insurance is a legal agreement between the policyholder and the insurer to pay a certain sum, i.e., the insurance benefits to beneficiaries named in the policy,…

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Health Insurance
Oct 13

Getting a Health Insurance Coverage When Laid Off

Posted by Randy Jones Insurance Services

The pandemic affected businesses in numerous ways, and the resultant restructuring or folding up process left many unemployed. The importance of functional health coverage cannot be overemphasized now, especially with the increase in delta variant cases. There are some ways to keep you and your dependents covered depending on your income and your…

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Life Insurance
Oct 6

Does Your Employer-Provided Life Insurance Offer Sufficient Coverage?

Posted by Randy Jones Insurance Services

The best job offerings come with numerous benefits. These benefits include insurance benefits, paid leaves, allowances, and many others overseen by the personnel department to motivate employees. However, if your employer provides group life insurance for staff members, it is rarely ever the case that this plan is sufficient by itself. When Can…

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What you need to know about average life insurance payout
Sep 23

What You Need to Know about the Average Life Insurance Payout

Posted by Randy Jones Insurance Services

Have you ever wondered? What is the average life insurance payout? How much will your loved ones likely be paid if they ever claim on your insurance life policy? The answer is around $600,000. This figure is the average purchased face amount of a term life insurance policy. Consequently, it is the average…

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Term life insurance and how does it work
Sep 9

What Is 30-year Term Life Insurance and How Does It Work?

Posted by Randy Jones Insurance Services

The 30-year term life insurance is an insurance policy that provides its users with life insurance coverage for 30 years. However, it requires you to pay your premiums periodically to make good use of its benefits. This insurance coverage spans 30 years. For this reason, most insurance companies do not issue the policy…

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Enorll For Medicare If You Are 65 And Still Working
Aug 26

Should You Enroll for Medicare If You Are 65 and Still Working?

Posted by Randy Jones Insurance Services

It seems wise for a 65 or older employee who is covered under group health insurance to sign up for Medicare, as it can help minimize out-of-pocket costs. However, Medicare is complicated, and there are many caveats and some surprise expenses that need to be avoided. Let’s understand the different scenarios when a…

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How Dose Heath Care Typically Work In The U.S.
Aug 12

How Does Health Insurance Typically Work in the U.S.?

Posted by Randy Jones Insurance Services

The necessity of taking out health insurance cannot be overemphasized as healthcare costs continue to skyrocket. Each doctor’s office visit can cost up to several hundred dollars in the U.S. Additionally, a few days of hospital admission can incur a cost of tens of thousands of dollars. Health insurance coverage helps cover your…

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How the American Rescue Plan Has Made ACA Health Insurance Cheaper
Jul 22

How the American Rescue Plan Has Made ACA Health Insurance Cheaper

Posted by Randy Jones Insurance Services

The American Rescue Plan (ARP) was recently signed into law and has helped reduce the cost of health coverage under the Affordable Care Act (ACA). This is the largest expansion of the ACA since it was signed in 2010. This plan expands subsidies significantly, increasing subsidies for those who qualified before and for…

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Life Insurance Myths And The Truth Behind Them
Jul 8

6 Common Life Insurance Myths and the Truth Behind Them

Posted by Randy Jones Insurance Services

There are several common myths about life insurance, which can cause lots of confusion. This article discusses 6 of these myths while providing accurate information regarding each one. 1.Life Insurance Is Costly A study conducted in 2017 by LIMRA found that most people assumed life insurance policies cost more than three times the…

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