Indexed Annuity Returns Over 15%
Blog
Indexed annuity accounts credit interest based on the performance of chosen stock and bond market indexes, however they are not variable in nature and have no direct market exposure. This simply means that when the market goes down, there is no risk of losing your invested principal or interest gains from previous years. During the past twelve months, […]
May 6, 2010
Plan F Medicare Supplement Insurance
Blog
Plan F Medicare supplement insurance policies are the most comprehensive supplemental plans available for purchase today. They cover all gaps in Medicare and have no out-of-pocket costs to the insured for Medicare approved expenses. With Plan F, there are no deductibles, coinsurance or copays to meet. So long as your expenses are Medicare approved, Plan F […]
April 30, 2010
Category: Medicare Supplements
Medicare Supplement Price Increases
Blog
Medicare supplement premiums are usually locked-in during the first year of the policy. After 12 months and on your policy anniversary, you'll usually find the insurance company increases your monthly rates by 5-10%. Many carriers are enacting price increases of ten percent or more year over year. Some are raising prices more than once in [...]
April 23, 2010
Category: Medicare Supplements
Insurance Policies That Lower Your Income Tax Obligations
Blog
It’s April 15th and while many have already filed their tax returns, some are still scrambling to get their documents in on time. Thus, it is an appropriate time of the year to talk about different ways to reduce your income taxes. If you wish to reduce the amount of taxable income on your 1040 or are […]
April 15, 2010
Category: Annuities, Articles, Life Insurance, Wealth Transfer
Medicare Supplement Plans N and M
Blog
Medicare supplement insurance Plans M and N will be available for purchase with effective dates of June 1, 2010 and beyond. These two new plans offer attractive coverage for those willing to exchange lower monthly premiums for higher out of pocket expenses. Both M and N are cost sharing plans. The insured will be responsible for additional […]
April 8, 2010
Category: Medicare Supplements
Health Care Reform – Insuring Children with Preexisting Conditions
Blog
One of the first components of the health care bill to take effect is the requirement that insurance companies provide coverage for children under age 19 who have preexisting conditions. The change is slated to take place in September of 2010 and is designed to prevent children from being excluded from their parent’s policy or a […]
March 31, 2010
Category: Health Care Reform
Easy Term Life Insurance Enrollment
Blog
If you are interested in term life insurance with no medical underwriting, physicals or blood-work, then there are policies available for you. Many companies now offer non-med term policies; also known as simplified issue term life insurance. These policies are appropriate for those with less than perfect health and for those who want to avoid [...]
March 30, 2010
Category: Life Insurance
Indexed Annuity Accounts – The Role of Spreads, Caps, and Participation Rates
Blog
If you are considering investing in a fixed indexed annuity, you should become familiar with a few terms. Almost all indexed annuities have internal moving parts referred to as spreads, caps, and participation rates. The fluctuations of these moving parts can significantly affect your annuity’s rate of return now and in the future. Insurance companies will adjust their […]
March 12, 2010
Life Insurance & Annuity 1035 Exchanges
Blog
You may wish to exchange your old annuity or life insurance policy for a new one for any number of reasons. Section 1035 of the IRS tax code allows you to do so while deferring any taxable gains in your old policy. The accumulated gains in your old policy can be transferred to a new [...]
March 2, 2010
Category: Annuities
New Medicare Supplement Plans For 2012
Blog
The recent passing and implementation of the Medicare Modernization Act created permanent changes to the Medicare supplement plans insurance companies can offer after June 1, 2010. All plans are still in effect for 2012. Plans A, B, C, D, F, G, K and L offer nearly the same benefits as before with Plan F now […]
February 18, 2010
Category: Medicare Supplements
New Anthem Health Insurance Plans
Blog
As debate heats up about the rising cost of individual and family health insurance around the country, many carriers are looking at ways to reduce premiums for existing and future insureds. Anthem Blue Cross Blue Shield recently introduced new coverage options with new benefit designs in order to keep prices affordable. Our agency is proud […]
February 11, 2010
Category: Health Insurance
Avoid and Reduce Inheritance Taxes in Ohio
Blog
Editor’s Note: As of 2013, Ohio non longer has an inheritance tax. Residents may still be subject to Federal Estate Taxes, however. It is also possible that Ohio residents could pay inheritance taxes on property and assets inherited from a deceased resident of another state. Furthermore, we still see many of our large-estate clients using […]
January 29, 2010
Category: Life Insurance, Retirement Planning
Ohio Group Health Insurance Application
Blog
Whether you manage a small or large number of employees, it can be a painstaking and time consuming process to obtain group health insurance quotes in Ohio. If you have a new business or are shopping for better rates on your existing plan, correctly filling out applications with several companies can be a tedious process […]
January 25, 2010
Category: Group Health Insurance
Medical Mutual of Ohio Health Insurance Quotes
Blog
In a landscape of national health insurance companies, Medical Mutual is considered to be more of a regional insurance player. While they have branched out to other states in the last few years, they are best known in Ohio as an individual, family and group health insurance provider. In business since 1934, they offer products […]
January 12, 2010
Category: Health Insurance
Gerber Life Medicare Supplements In California
Blog
Gerber Life is now offering Medicare supplement insurance in California. This is the same well known and well rated Gerber Insurance Company that offers life insurance to children. Gerber Medigap plans are priced quite competitively and in many areas they are the best rates available for those over age 65. Consumers can request personal quotes from […]
January 5, 2010
Category: Medicare Supplements, Retirement Planning