- Created: Sunday, 15 November 2015
- Last Updated: Wednesday, 16 March 2016
A list of all carriers and information about them.
A list of all carriers and information about them.
Fixed and indexed annuities are an excellent source of retirement income for your clients, but these financial vehicles are also often used simply as a place for clients to earn a nice interest rate, usually well above the rate they might get at the bank in a CD. The most important fact about annuities, though, may be that the client cannot lose any principal in an annuity, making it an attractive, relatively safe financial product in a rocky economy.
Critical illness insurance is medical insurance that pays a lump-sum benefit upon diagnosis of a critical illness or condition. A critical illness insurance payout helps your client avoid the financial strain a major illness can create so they can focus on their recovery.
There are a variety of plans that include a combination of dental and vision discount programs. The most common types of dental insurance plans are Preferred provider organizations (PPO) or dental health maintenance organizations (DHMO). Both types are considered managed care.
Final expense insurance, also known as "burial" or "funeral" insurance, is a life insurance policy with a low face value, from $2,000 to $50,000, that your clients can buy when they reach the age of 50. Policyholders can name any beneficiary, typically a family member, who would make the claim and receive the money upon the policyholder's death. The beneficiary is then responsible for using the money to carry out the policyholder's wishes.
Typical health insurance covers the cost of most medical expenses incurred from hospital and doctor bills, but how will your client prepare for the out-of-pocket expenses, such as Deductibles, CoPays, and Coinsurance? Gap Plans are designed to provide a low-cost benefit to help pay for these out-of-pocket expenses. They provide coverage to help "fill the gaps" left by most major medical policies with three benefits. Accident benefits are available as well.
Simply put, health insurance is protection against medical costs. A health insurance policy is a contract between an insurer and an individual or group, in which the insurer agrees to provide specified health insurance at an agreed-upon price (the premium). Health insurance usually provides either direct payment or reimbursement for expenses associated with illnesses and injuries. The cost and range of protection provided by your health insurance will depend on your insurance provider and the particular policy you purchase.
Hospital stays can strain even the healthiest of budgets. And in many cases, you can’t ignore the care you need even if it pushes you financially.Hospital indemnity insurance is a type of plan that pays a set amount – per day, per week, per month, or per visit – if you're confined in a hospital.
Life-based contracts tend to fall into two major categories:
Medicare Advantage Plans are health plan options that are subsidized by the government to provide additional health coverage to Medicare Part A and Part B. Medicare Advantage Plans include HMOs, PPOs, PFFS and Medicare Special Needs Plans. Generally, Medicare Advantage Plans have little or no monthly premiums. Instead, seniors pay co-payments for doctor visits, hospitalization and other medical services.
A Medicare Supplement policy is senior health insurance sold by private companies to expand health coverage for seniors where the Original Medicare Plan coverage falls short, such as co-pays and deductibles for doctor visits, hospitalization and other medical services. Seniors pay a monthly premium but have few additional out-of-pocket expenses.
Property & Casualty insurance (P&C) are the types of insurance that protect against property losses to your business, home or car and/or against legal liability that may result from injury or damage to the property of others.
Short-term health plans are designed to provide you with an affordable way to receive limited health coverage for short period of time when you’re not insured. Lose your job, recent college graduate, divorced, or retired and not quite eligible for Medicare? Then consider short-term insurance.
Telehealth companies use telephone and videoconferencing technology to provide on-demand remote medical care via mobile devices, the internet, video and phone.
Vision insuranceis designed to help you cover and budget for ongoingvisioncare expenses like routine eye exams, prescription glasses and contact lenses. Vision insurance is generally supplemental to other types of medical insurance policies. Vision insurance helps offset the costs of routine checkups and vision correction wear that may be prescribed.
Now more than ever, employers need an advocate to assist them in understanding how the Affordable Care Act (ACA) will affect them. Changes are coming in almost every week from our government causing the medical providers to change their procedures. Most employers do not have an in-house specialist to keep up with all the changes. Some are forced to wade through this on their own or place their trust in an unqualified agent.
At MESSER Financial Group we are on top of the latest changes no matter where they originate. We have a fiduciary responsibility to our clients and will offer the most competitive rates along with creative plan designs.
Our 97% client retention rate is proof that the services we provide are superior.
Want to learn how to break out into Group Insurance? Just watch the video below!