Jay Gray

June 11, 2014

Life Insurance and Health Insurance broker EscondidoYou spent your life creating a stable financial foundation for you and your family, however setbacks and misfortune do happen. If you don’t protect your investments with adequate insurance, you could end up facing financial ruin and your family members might pay the price. You have a duty to yourself and your family to insure your life, health, and your property.

Different life stages require different types of insurance needs, so it is vital to check your policies to ensure you have the best coverage to fit your needs. The rule of thumb is to review your Health Insurance policy annually and your life insurance policy every two years.

What Insurance Agency in Escondido Can You Trust?

An Insurance Broker is an unbiased liaison between the insurance company and the consumer. They give independent suggestions based on knowledge of Medicare, health insurance, and life insurance. The main difference between an insurance broker and an agent is the agent works for the insurance company; however a broker works for you and holds no loyalty to one particular company.


Finding a Great Medicare Broker in Escondido

Decoding health insurance options can be daunting for people age 65 and over. Those who have paid 10 years of Social Security taxes qualify for Medicare at age 65; they are automatically signed up if they are receiving Social Security payments unless they take steps to opt out. Standard Medicare comes in two parts: A and B. Part A covers a portion of hospitalization expenses, and Part B applies to doctor bills and other medical expenses like lab tests and some preventive screenings.

But some seniors may find better value in Medicare Part C, or Medicare Advantage. Such plans are run by private insurance companies but regulated by the government, and must offer coverage that’s comparable to original Medicare parts A and B. Most also include prescription drug coverage, which for seniors who keep original Medicare is an optional add-on, called Part D.

Just Us Insurance Has the Most Knowledgeable Life Insurance Agents in Escondido

Did you know most people never buy enough life insurance and that a third of all wives don’t have life insurance at all? When purchasing life insurance you need to ask yourself some important questions. The main difference between the two is term insurance is less expensive and can buy more coverage for a set period of time where as permanent insurance will cost your more however it is more flexible, will last usually as long as you keep making payments, and many times can build cash value.

Health Insurance Agent In Escondido

When you are considering health insurance you need to be aware of three things. What does it cover? How much does it cost? What physicians are covered? There are also three types of coverages: Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs) and High Deductible Health Plan. The main difference between an HMO and a PPO, is that with an HMO plan you have to choose a primary doctor who will refer you if you need to see a specialist. A PPO doesn’t need a referral. Some companies offer a High Deductible Health which will have a lower monthly premium, however the majority of coverage doesn’t start until you fulfill the high deductible. This is a very good option for self-employed and someone only interested in catastrophic coverage.

It is now required that you have Medical insurance and you will receive a tax penalty if you do not have coverage in 2014.

Get an Insurance Quote through Escondido’s Best – Just Us Insurance Agency

Once you have decided how much insurance you need and what kind of coverage you need, you want to get quotes. The most suitable place to receive quality information is from an insurance broker. They make insurance companies vie for their customers business. When the companies remain competitive then the consumer gets a better policy at a lower price than if they had gone to the insurance company directly. Whether you are shopping for Health or Life Insurance you want the most suitable policy for the lowest price and have a piece of mind that everything you have worked hard for is covered.