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Understanding Employer Insurance And Medicare

Medicare is health insurance for seniors, but it provides health coverage for people of all ages, while employer insurance is a type of health insurance offered by some employers to their employees. Understanding employer insurance and Medicare differences can help you make the best decision for your healthcare needs. What Is The Difference Between Employer Insurance And Medicare? While Medicare and employer insurance provide health insurance coverage, there are some key differences between the two. First, employer insurance is typically more expensive than Medicare. Another difference is that Medicare provides more comprehensive coverage than employer insurance, including coverage for things like hospitalization and skilled nursing care. Finally, Medicare is not income-based like employer insurance; it is based on age and disability status. As a result, anyone who meets the eligibility requirements can enroll in Medicare, regardless of their income level. Can I Have Both Employer Insurance And Medicare? If you’re covered by employer insurance and become eligible for Medicare, you may wonder whether you can have both types of coverage. The good news is that you can indeed have both employer insurance and Medicare, but there are pros and cons you should be aware of. One of the pros of […]

What Does Full Coverage Car Insurance Include?

Everyone needs car insurance to ensure they are protected on the road. While there are several car insurance policies, full coverage is a popular type of insurance that includes liability, comprehensive, and collision coverage. What Is “Full Coverage” Car Insurance? “Full coverage” car insurance is not actual coverage but a general term that many insurance agents, car dealerships, and lenders use to describe a policy that includes specific coverage. For example, when an agent says “full coverage” car insurance, they’re generally referring to the following coverage: Collision Comprehensive Liability (usually includes Property Damage and Bodily Injury) “Full coverage” car insurance may also include: Gap Insurance 24-hour Roadside Assistance Uninsured Motorist   What Does Full Coverage Car Insurance Include? While your coverage largely depends on your insurance company, full coverage typically covers you, your passengers, and the vehicle. Some of the things typically covered by a full-coverage car insurance policy include: Theft Vandalism Fire Damage Hail Damage Flood Damage Deer Accidents Fallen Tree Damage Windshield Cover Who Needs “Full Coverage” Car Insurance? You may need to consider “full coverage” if: You’re financing a car. Lenders require “full coverage” in addition to other coverage required. You want financial protection. You may be […]

What Is Excess Liability Coverage?

Protecting your business is very important. However, if you don’t have the right policy, unfortunate situations such as an accident, a guest slipping on your property, or a lawsuit can compromise your financial security. You need an excess liability insurance policy in cases like this. What Exactly Is Excess Liability Coverage? This insurance policy covers lawsuits that exceed the limits of your primary insurance policy. For example, if a business hits the coverage limit on a particular policy, excess liability insurance will cover the amount above the underlying policy limit. Who Needs Excess Liability Coverage? Real estate Manufacturers Media companies Retail businesses Hotels and motels Construction contractors Printers and publishers Wholesalers/distributors Insurance companies and financial institutions How Do I Know My Company Needs Excess Liability Coverage? You should consider excess liability coverage if: You work with clients who need more insurance coverage. You regularly face liability risks, such as if your workers do a lot of travel. The liability risks you encounter are higher such as if you manufacture a product that could result in employee injury. What Does Excess Liability Insurance Cover? This insurance policy offers additional coverage if your business exceeds your policy limit. This policy is designed […]

What Happen to My Home Insurance Coverage When I Move?

Knowing what to do with your current homeowner’s insurance policy when moving can be challenging. You won’t be permitted to transfer your current home insurance policy to your new home, so working with your insurer to close your old policy and get another insurance coverage for your new home is essential. How does my home insurance policy change when you move? Your old policy should be terminated immediately you move from the house or if you no longer own the property. You need to get a new insurance policy for the new home. Try to contact your insurance company before moving so that they can give you time to tie up your current coverage. They can even help you transit to a new one and help you cancel your old policy. You should reach out to your insurer to ensure no lapse in coverage. Can I keep my current insurance company when I move? This depends on your destination. You may be able to retain your present insurer if you move within the same state. However, this might be impossible if you are moving out of state. You need a new insurance provider because not all companies are licensed to […]

How Does A Pre-Existing Injury Affect Your Car Accident Injury Claim?

When you are injured in a car accident, you may wonder how your pre-existing injury will affect your claim. In some cases, your pre-existing injury can impact the amount of compensation you receive, even if your previous injury wasn’t related to the car accident. Here are things you need to know about how a pre-existing injury affects your car accident injury claim. What Is A Pre-Existing Condition For Car Accident Injury Claim? A pre-existing condition is any injury or illness you had before the car accident. Even if you did not seek proper treatment for the condition before the accident, it could still be considered a pre-existing condition. Why It’s Crucial To Disclose Pre-Existing Conditions With Your Attorney If you’ve been in a car accident, it’s crucial to disclose any pre-existing conditions you have to your injury lawyer. Insurance companies will try to use pre-existing conditions to deny or reduce your claim. They may argue that your injuries are not solely due to the accident but due to your pre-existing condition. However, if you disclose your pre-existing condition upfront, your lawyer can be prepared to counter any arguments the insurance company may make. How Does A Pre-Existing Injury Affect Your […]

How To Prepare For Your Initial Consultation

After an accident, one of the most important steps you can take is to schedule an initial consultation with your lawyer. But how do you prepare for this initial meeting? This guide will help you know what to expect and how to make the most of your time. What To Bring To Your Consultation? Preparing for your initial consultation after an accident doesn’t have to be stressful. First, you’ll need to bring any insurance information you have, including your policy number and the contact information for your insurance company. It’s also helpful to bring any police reports or other official documentation related to the accident. If you have any medical records or bills related to the accident, please bring them as well. By bringing all this information to your consultation, you can help your attorney get a clear picture of what happened and how it affected you. This will allow them to give you the best advice about proceeding with your case. Questions To Ask Make a list of questions to ask your lawyer during the consultation to ensure all your concerns are addressed. Here are some questions you may be asked during your initial consultation with an attorney: How […]

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