Finding yourself between jobs can be stressful for many reasons; you don't want to have to worry about your health insurance as well. This is especially true since the ACA (Affordable Care Act) has strict insurance requirements that can lead to tax penalties if you go without insurance. Fortunately, there are several options available that make it more affordable to keep coverage.
Join a family member's policy
You may be able to join a family member's insurance policy if you lose your company insurance during an open enrollment period.
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When it comes time to apply for Medicare, the status of your health and the insurance plans available in your area play significant roles in choosing the Medicare plan that is right for you. Although traditional Medicare offers the same benefits at the same cost no matter where you live, the benefits and costs associated with enrolling in a private Medicare insurance plan such as Part C, Part D, and Medigap vary.
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The key to avoiding a financial disaster when it comes to being involved in a car wreck is by having auto insurance in place. This is critical to help pay for any damages to your vehicle or covering medical expenses you may be faced to pay. However, auto insurance can be expensive, and it's ideal to be aware of effective methods that will decrease this cost for you.
Pay annually
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If you are renting property, it is very important that you always carry a renters insurance policy. Many renters fall into the trap of thinking that because they don't own the property it isn't as important for them to insure it. This couldn't be farther from the truth. Here are some reasons why renters insurance is so important.
1. You Have No Protection For Your personal Property
When you rent a property you have no coverage for your personal property.
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Insurers consider many different factors when calculating life insurance premiums. You have no control over some factors, such as your age and gender. You do have control over other factors, however, and making changes that impact these factors can help reduce your life insurance premiums. If you're shopping around for a life insurance policy, here are two factors that insurance companies will take into account -- and what you can do to keep their impact on your life insurance premiums minimal.
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