Articles
Securing a Guaranteed Income for Life
Many of us understand the need for protection against the financial consequences of unexpected illness and death. But what about the financial impacts of living a long life? Americans are living longer into retirement than ever before. That means retirement savings...
Medigap: What Are Your Options?
Confused about your Medicare supplement options? You aren't alone. As you reach the age of 65, you have a lot of decisions to make. Most people understand that standard Medicare Part A coverage, or Part A and Part B, by themselves, offer a pretty skeletal medical...
New Rules Aim to Rein in Deceptive Medicare Advantage Advertising
We've all seen the splashy TV commercials with Joe Namath or William Shatner promising you the world if you call a 1-800 number and opt for the Medicare Advantage plan they are hawking: Free meals, free gym memberships, free dental coverage and a bunch of other...
Medicare Coverage of Weight-Loss Drugs
Novo Nordisk's Ozempic and Wegovy (semaglutide) and Eli Lilly's Mounjaro (tirzepatide) were originally created to treat Type 2 diabetes, but they have a beneficial side effect: They suppress the urge to eat, and patients typically lose significant amounts of weight as...
When to Call Your Financial Advisor
If you're experiencing a major life change of any kind, or facing a crucial financial decision, it's a good idea to make an appointment with your financial planner. Here are some examples of major life passages when you may need some good financial advice - and some...
What to Do If You’re Worried About Stock Market Volatility
A volatile stock market is fine for the 20- and 30-somethings. It's a different matter for people approaching retirement. Your retirement nest egg should be a source of security and comfort to you. It shouldn't be something that makes your blood pressure spike. If...
Understanding Your Auto Insurance Policy’s Rental Car Coverage
When you car gets damaged in an accident or stolen, the repair or recovery cost is only part of the story. Without another vehicle available, your only recourse may be to rent one. The good news is that your policy may already include coverage to defray the cost of a...
Preparedness Tips For Hurricane Season
Hurricane season starts at the beginning of June and lasts until the end of November. The 2023 hurricane season is shaping up to be "near- or above-normal" one according to forecasts by NOAA, with 12 to 17 named storms and an estimated six to nine hurricanes. But if...
Are You Covered for Personal Use of Company Vehicle?
Getting a company car is a coveted perk for employees, but it can also cause some coverage issues with your personal auto policy. The standard auto policy excludes coverage for non-owned vehicles furnished or available for your regular use. This means you are relying...
Understanding Your Boat Insurance Policy
If you have a boat or are considering buying one, you should understand your insurance obligations and what is permitted under your coverage. Owning a boat opens you up to a whole new set of liabilities, particularly property damage to a third party or physical injury...
When to Make a Police Report for a Claim
After an automobile accident, most people are a bit confused and frightened. And the last thing on your mind is trying to figure out whether you need to report the accident to law enforcement authorities and what your insurance company requires of you. Depending on...
Don’t Gamble on Minimum Coverage Policies
One of the biggest pitfalls a car owner can make is buying the minimum liability limits required by their state. While the minimums vary from state to state, in all cases they are woefully inadequate to cover the costs of a serious accident if you are found at fault....