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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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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What You Need to Know About Life Insurance for Cancer Patients
Posted by Randy Jones Insurance Services
Getting the right kind of life insurance policy best suited for you is hard enough without the complication of a cancer diagnosis. Qualifying for a traditional term or whole life insurance policy after a cancer diagnosis depends on if the patient is a cancer survivor in remission who has been out of treatment…
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Why Term Life Insurance Plans are Important for Women
Posted by Randy Jones Insurance Services
A term life insurance policy is a type of life insurance that offers coverage for a specific period of time or number of years. If the policyholder dies while the policy is active, the insurer will pay out a death benefit. If the term expires and the policyholder dies after the expiry of…
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A Quick Guide to Life Insurance for Business Owners
Posted by Randy Jones Insurance Services
Life insurance for business owners is far more complex than for others. It provides financial support to those left behind after you’re gone and extends to cover people beyond your family. As a business owner, you’re probably a financial provider to others, and it is important that you not only consider your household’s…
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Will Being Vaccinated for COVID-19 Disqualify Me from Getting Life Insurance?
Posted by Randy Jones Insurance Services
As far as it is concerned, the COVID-19 vaccination has absolutely nothing to do with life insurance in any way. Still, a handful of people have managed to create a link between these two and have spread their own theories, resulting in confusion and fear amongst those who believe them. Unsupported Claims Social…
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When Is the Right Time to Switch from a Medicare Advantage Plan?
Posted by Randy Jones Insurance Services
While you may feel overwhelmed as you go through the process of switching to a Medicare Advantage plan, try to stay calm. You aren’t losing many benefits at all. The switch does not mean that you’ll lose out on Medigap forever. Read on to learn how you can effectively switch back to the…
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How to Get the Right Life Insurance Coverage with Local Independent Agents
Posted by Randy Jones Insurance Services
For many people, talking about life insurance is a difficult subject. While it may be uncomfortable thinking about your death, it’s important to prepare for it. That’s where life insurance comes in. Life insurance helps you care for your loved ones as they deal with the aftermath of your passing. If your assets…
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How to Determine the Right Life Insurance for Your Needs
Posted by Randy Jones Insurance Services
Life insurance is a contract drawn up between two parties: the provider and the client. The former promises to pay monetary benefits to the beneficiaries of the latter’s estate post their death. This policy is essential because it protects your family from financial difficulties caused by your demise. Although there are several types…
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What You Need to Know About a Health Savings Account
Posted by Randy Jones Insurance Services
A Health Savings Account (HSA) is awarded to a person with a High Deductible Health Plan (HDHP) to save up pre-tax dollars for medical bills. You can save as much money as you like per year, up to certain IRS limits, to cover a significant portion of your healthcare expenses. Here are the important…
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