Does Your Life Insurance Policy Offer This Surprising Benefit?
Posted: September 1, 2021
Just six months after retiring from 32 years on the Richmond, Virginia, Fire Department, Len Archer got a devastating diagnosis from his doctor. He had pancreatic cancer, and he likely had only two to eight months to live. In an instant, Len, 56, and his wife, Paula, went from planning their retirement to preparing for what appeared to be the inevitable. At the urging of...
What Is the Difference Between ICHRA and QSEHRA?
Posted: August 28, 2021
The first step in understanding the difference is to spell out what these abbreviations stand for. “ICHRA” stands for “Individual Coverage Health Reimbursement Arrangement.” “QSEHRA” stands for “Qualified Small Employer Health Reimbursement Arrangement.” What Is an Individual Coverage Health Reimbursement Arrangement? An ICHRA is a new type of health reimbursement arrangement that only became available as of 2020, under Trump administration regulations. It allows employers...
When to Consider Supplemental Health Insurance
Posted: August 25, 2021
Supplemental health insurance can cover out-of-pocket expenses that your regular health insurance plan does not cover. Many older adults purchase this type of plan when they go on Medicare. Younger individuals may also consider supplemental health coverage to pay for deductibles, co-pays, coinsurance, and other expenses that may arise in the event of a serious accident or illness. If you are under age 65 and...
The Surprising History of 8 Iconic Car Accessories
Posted: August 24, 2021
1950s: Fuzzy Dice A staple of 1950s “hot rod” culture, fuzzy dice can still be found hanging from the rearview mirrors of classic cars across the United States. But while these colorful plush accessories may seem like the epitome of cheesiness, their origins are less lighthearted. It’s said that placing a pair of dice on the instrument panel became a common practice for fighter pilots during...
Starting a Family? Consider These Types of Life Insurance
Posted: August 22, 2021
When you have children, it is more important than ever to have life insurance. You want to provide for them in case something should happen to you. Death benefits from a life insurance policy could cover the mortgage payments, pay for your child’s college education, and help support your family. What Are the Different Types of Life Insurance? The two main types of life insurance...