Category Archives: Insurance
How To Evaluate Your Disability and Life Insurance Needs
The beginning of the New Year presents multiple opportunities to evaluate your current estate plan and your financial strategies. Significant changes have occurred for many people throughout the last two years at a global level in addition to those that might have affected your personal life, such as a marriage or a divorce. This… Read More »
Getting A Handle on Planning After the Birth of a New Baby
Congratulations on your newest addition. There are many different things to think about in the wake of becoming a new parent but one of the most important is putting an emergency fund. The U.S. Department of Agriculture shares that the cost of raising a child up to age 18 is more than $230,000 for… Read More »
Medical ID Theft On The Rise
Senior citizens, already uniquely vulnerable to identity theft, are most often the targets of a specific variation of this kind of fraud. A medical record folder being pulled from the records (Photo credit: Wikipedia) “Medical identity theft happens when someone steals your personal information and uses it to commit health care fraud,” according to… Read More »
Long-Term Care Rate Hikes Troubling
As members of the Baby Boom generation move into retirement and beyond, long-term care insurance policies to help cover the costs of assisted living or nursing homes are becoming more and more of a necessity, rather than a luxury. Unfortunately, the cost of these policies is rapidly become prohibitive for a large segment of… Read More »
Long-Term Care Cancellations Require Better Notification
It should never happen again. And whether it’s by passage of a new law or a rule change at the Virginia Bureau of Insurance, maybe it never will. A recent story in the Richmond Times-Dispatch brought to light the plight of people left without long-term care for the elderly. The story focused on the… Read More »