Insurance

With open enrollment season in full swing, it’s a good idea to go through the many health insurance plans to choose from. The options can quickly get overwhelming. However, understanding the fundamentals will help simplify your decision. By the end of this article you’ll understand the four main types of health insurance and know how […]

With the continual rise of insurance costs, it’s helpful to know the fundamentals of various types of health insurance plan structures available today. Let’s look at POS vs PPO health insurance, as these are the two plans we’re deciding between for the new year. One of the things I dread every fall is our health

What goes through your mind when you hear an ambulance siren? Until last year I used to think help is on the way! Now, the first thoughts that pop in my head are surprise bills and how broken the EMS system (Emergency Medical System) is in the US. Why? My perspective on ambulances changed completely

In addition to updating your umbrella policy in a bull market, your homeowners insurance policy likely needs to be increased as well. Given real estate values have surged higher, your house may be underinsured. I like to keep my real estate values static in my net worth calculations to keep me motivated. It encourages me

Making money hand over fist in this bull market is nice. However, the more money you make, the more money you have to lose. Therefore, it’s important to update your umbrella policy coverage to account for greater wealth. Compounding wealth has a funny way of sneaking up on us. What may have taken you 10

There is nothing scarier than being in a situation where you have to call 911 in fear of losing someone’s life. I’ve dialed those digits two times in my life. Both times I was scared sh-tless. Little did I know that the second call would lead me to a 11 month-long surprise ambulance bill nightmare.

There’s no one-size-fits-all best age to get life insurance. However, I believe the best age to get life insurance is around age 30. And the best life insurance term to get at around age 30 is a 30-year term life insurance policy. If you get life insurance at 30, you will likely get the best

Life insurance is a good idea if you are still on the path to financial independence. If you have debt and dependents, getting life insurance is a no-brainer. But do you still need life insurance when you’re financially independent, rich, or retired? To answer this question, we must first define what financial independence means and