Everyone knows that it’s illegal to drive without car insurance but why? Well, accidents can happen at any time–which, is why they are called accidents. And because by their very nature cars are dangerous and can cause everything from loss of life to severe financial hardship it is necessary to be sure that an uninsured person doesn’t cause an accident and then say oh sorry I have no money to pay for all the damage I caused.
Being properly prepared goes a long way when it comes to your financial future. Therefore, here are four financial tips to help you be properly prepared for Retirement.
Even with health insurance, you can rack up medical bills if you need an extraordinary surgery or simply have to stay in the hospital for a long period of time to recuperate from a dangerous illness or devastating injury. And for those without health insurance, one simple accident could land you in the hospital for a week and in debt for years.
Even with insurance, medical bills can take a huge bite out of your wallet due to deductibles and co-pays. That is why it’s important to carefully analyze your bill for errors, overcharges and just plain extortion. Medical Bill Overcharges are extremely common, recently I heard a case where a woman was in the hospital for […]
Paying for unexpected medical bills can be costly and set you back financially if you are not prepared. However, there are some things you can do to minimize the impact of future emergency medical costs and other unexpected expenses. We have put together a list of practical ways you can better prepare for emergency expenses, no matter where they come from.
Every family needs several different types of insurance. Some offer protection for the near term, and some for the long term. Both types are important for protecting your family’s financial future. Make sure your family insurance plans are up to date and will cover the costs of unexpected disasters. Home, Auto, Natural Disasters We buy […]
What is a Private Health Savings Account? A health savings account is a special account that individuals in the United States can use to pay for certain medical expenses. It is “tax-advantaged” similar to an IRA. The idea of the health savings account (HSA) is to help offset high-deductible health insurance plans and thus allow […]
Protecting Against Emergencies Protecting your family from disaster doesn’t have to be difficult. Of course, having an emergency fund is a good place to start, but what about other disasters that are right around the corner? What do you do about medical emergencies, pet emergencies, or a natural disaster? Health Insurance With Obamacare health insurance […]