(800) 633-4227 For information on Medicare in English and Spanish
(877) 486-2048 People who require TDD or TTY can call.
Medicare Enrollment You can start enrollment 3 months before your 65th birthday. Here is the website to enroll online:
Direct link to start - choose: start new application.
MEDLINPLus Health information for the national library of Medicare
Standard & Poor's (S&P)
Duff & Phelps
(800) 289-8100 *except Florida
There are modest fees for quotes with this service.
The National Committee for Quality Assurance (HMOs and other MCOs)
2000 L St., NW, Suite 500
Washington, D.C. 20036
The State Health Insurance Advisory Program (SHIP)
For the elderly and disabled this government program provides information on Medicare. Hot-lines are different for each state. You can For service in your state call (800) 677-1116.
America's Health Insurance Plans
601 Pennsylvania Avenue, NW
South Building, Suite 500
Washington, DC 20004
National Council on Aging
409 3rd Street, SW Suite 200
Washington, D.C. 20024
National Association of Insurance Commissioners
120 West 12th St. Kansas City, MO 64105
The Joint Commission on Accreditation of Health Organizations
One Renaissance Blvd.
Oakbrook Terr., IL 60181
Smart Money Insurance
Independent Insurance Network
American Bar Assn. Commission on Legal Problems of the Elderly
Offers The ABA Legal Guide for Older Americans, which includes sections on assisted living.
Assisted Living Federation of America
Offers a free pamphlet, Assisted Living Guide & Checklist, and a listing of member facilities by state; also publishes industry magazine, Assisted Living Today.
LeadingAge is an association of 6,000 not-for-profit organizations dedicated to making America a better place to grow old.National Academy of Elder Law Attorneys
Guaranteed Issue Life Insurance is an affordable way to help your loved ones with your final expenses such as medical bills, debts and funeral costs. With guaranteed coverage and no premium increases throughout the life of the policy, you can have peace of mind knowing your family will not have additional financial burdens upon your death.
A Guaranteed Acceptance Life policy can be an affordable way to protect your family with coverage ranging from $2,000 to $25,000 and rates starting at less than $10 per month. These premiums are guaranteed throughout the life of the policy.
For those between the ages of 50 – 75, Guaranteed Acceptance Life Insurance guarantees coverage without medical exams and health questions and you cannot be denied coverage for health reasons.
In the event of your death, Guaranteed Acceptance Insurance offers your loved one’s the freedom from financial obligations that may arise with final plans and/or expenses when you are gone. With continued premium payments, you will have peace of mind knowing this death benefit is guaranteed for the life of your policy leaving fewer financial burdens for your family.
Universal Life Insurance provides permanent protection with flexibility to meet life’s constant financial challenges. With varying premiums and the proper account value, Universal Life Insurance offers the financial security that can work for you and your loved ones.
In the event of your death, Universal Life Insurance provides permanent coverage to protect your family. Many Universal Life policies also offer an option to guarantee the death benefit with continued premiums being paid so that there is peace of mind knowing your family will continue to be protected.
In the event that your monthly finances can change, Universal Life Insurance can provide flexible premium payment options to allow for extra payments if you like or lesser payments if needed depending on the account value and ability to pay the monthly administrative and insurance fees.
Build Account Value
Universal Life Insurance allows you to borrow from the policy to supplement additional life events such as college or retirement as the policy may accumulate account value depending on the chosen premium.
Whole Life Insurance offers permanent protection for a powerful way to protect your family with premiums which do not increase over the life of the policy. Whole Life Insurance also builds cash value (that you can use while you’re living) to help reach financial needs and goals now and into the future.
When you choose protection that is guaranteed to last a lifetime, Whole Life Insurance helps to protect those who matter the most in your life. So whether you are several years into your retirement, were just married or had your first child you’ll the have the confidence knowing your family is covered in the event of a life changing experience or tragedy.
Build Cash Value
Whole Life Insurance accumulates guaranteed cash value over time and allows you to borrow from the policy during your life which can supplement financial challenges such as college tuition, retirement or family emergencies.1
Opportunity to Earn Dividends
Whole Life Insurance offers policy holders the opportunity to receive dividends that can be used to increase insurance protection and cash value. Dividends are not guaranteed but have been paid to eligible policy holders.
What is Term Life Insurance?
Term Life Insurance is a good starting point when deciding on affordable options for you and your family. It provides insurance for a limited period of time, such as 10 or 20 years. Options are also available to convert Term Life insurance to a more permanent solution. Term Life allows you to meet your life insurance needs at a price you can afford.
Term life insurance can help protect your loved ones when you no longer can with:
Mortgage Payments, College Tuition, Debt/Credit & Monthly Income
Term Life Insurance is the simplest and most affordable life insurance products available because it offers:
Life insurance is a good place to start when you want to provide financial security for you and your family. There is nothing like having one less thing to worry about during difficult times by providing your loved ones with a death benefit. If you need it, some policies also build cash value1. We represent a variety of carriers to offer the best prices and multiple types of life insurance to match your needs and budget giving you the confidence of knowing you’re covered.
Below a few different types of Life Insurance:
Meet your life insurance needs at an affordable price.
Help meet your financial goals and protect your family’s future.
Life Insurance through optional guarantees and flexible premiums.
Help your loved ones pay for final expense costs.
Long Term Care (LTC) Insurance can help protect your assets from being used for care and maximize your options for care if you become chronically ill or have a severe cognitive impairment. As you age and your health changes, putting a plan in place early will help control costs while ensuring you will receive the quality of care where and when you may need it.
Whether you use traditional LTC insurance, life insurance with an LTC component, or some combination that matches your needs and budget, you can gain confidence in knowing you’re covered.
Long Term Care Insurance
As life expectancy rises and accidents and illnesses occur, it’s critical to implement a strategy to help protect your future. There are many ways Long Term Care (LTC) Insurance may be needed. How would you cover expenses or choose where or how you get assistance in the event long term care was required? Long Term Care (LTC) Insurance can allow you to maximize your independence, help protect your assets and relieve loved ones of potential financial burdens.
Features and Benefits:
Maintain Your Lifestyle and Protect Your Asset
Long Term Care (LTC) insurance offers benefits that help to protect your assets from being used for care. Should the need arise, you can use these benefits to help reimburse your expenses for care thus securing your savings for you and your family’s future.
Options for Maximizing Your Care
LTC insurance reimburses you for services that can help improve the quality of life for those who are chronically ill and are unable to engage in everyday activities such as eating, dressing, bathing, and getting in and out of bed without assistance or who have a cognitive impairment. A comprehensive LTC insurance policy may provide coverage for long term care needs in the home, community-based settings, an assisted living facility or nursing home. By providing more choices and more control over care options, LTC insurance can help you face the future with confidence.
Long Term Care & Life Insurance Combination
Plan for both your life insurance needs and long term care expenses. When it comes to Long Term Care (LTC) planning, there are many ways to help protect yourself and your family. A Whole Life policy with LTC benefits may be a consideration if you need flexibility. Whether long term care services are needed or the death benefit is received, you will have peace of mind knowing that you have protection that lasts a lifetime.
Features and Benefits:
Pay Long Term Care Expenses
Proper planning for long term care is crucial. Rising costs and expenses can quickly cause financial difficulty when caring for a loved one. The carriers we represent offer life insurance and LTC combinations that can help cover costs with benefits that can reimburse expenses that can protect your assets and help obtain quality care.
Build Cash Value
Whole Life Insurance can help you reach financial goals by accumulating a guaranteed increase in cash value over time of which the cash value is available to you if long term care or life insurance needs change during your lifetime.1
When choosing Whole Life Insurance you choose lifetime protection. Whatever stage of life you are in, feel confident knowing that your premium will never go up and the coverage amount won’t change.
Opportunity to Earn Dividends
Whole life policy owners are also eligible to receive annual dividends. Any dividends you receive can be used to increase your long term care benefits, life insurance protection and cash value. Some Whole Life Insurance policies offer annual dividends to policyholders which can be used to increase your long term care benefits, life insurance protection and cash value.
1 Accessing cash values, through loans and partial surrenders or by accelerating benefits for long term care benefit payments, will reduce the death benefit payable, the cash surrender value and the long term care coverage available. The purpose of this material is the solicitation of insurance. Insurance products issued by carriers we represent. Contact us for costs and further details of coverage, including exclusions and reductions or limitations.
Life insurance has several purposes. Its most important function is to replace the earnings that would cease at the death of the insured. For businesses, life insurance is a way to protect key employees and the business itself. A third purpose is to use life insurance to pay potential estate taxes.
If you die during your earning years, your family could suffer a severe economic loss as a result of losing your current and future income. Unfortunately, your family would still have to pay its regular bills, the mortgage, and outstanding debts, and perhaps even continue saving for college and retirement. Unless you're independently wealthy, achieving these goals may be virtually impossible for your family with the loss of your steady income. Life insurance offers a way for your family to continue living comfortably and without worry.
Employers often purchase life insurance policies on key employees to insure against the loss of services or income that might result after an employee's death. Here, the proceeds from the policy are paid to the company. Life insurance works for business partners too, where one business partner purchases a policy to insure against the financial loss that might result from the other partner's death or to buy out the partner's heirs.
Life insurance is also used to pay potential federal estate taxes. Since these taxes must be paid in cash, life insurance can be a good way to ensure the fulfillment of this obligation.5
4. https://us.axa.com/axa-products/life-insurance/questions/why-do-i-need-life-insurance.html 5. gradientfinancialgroup.com Newsletter Insurance products and services are offered through Craig Colley | Coliday and is not affiliated with Gradient Securities, LLC. Some of these materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice. The above information is not intended to provide, and should not be relied on for, tax, legal, or accounting advice.
Finding the right life insurance policy can seem like a daunting and pricey task. 80% of Americans overestimate the cost of life insurance according to a 2015 Insurance barometer study by Life Happens and LIMRA (a research, learning and development organization for financial services companies). The reality is that it is fairly easy to get a policy that fits your needs and your budget.
The Sooner the Better!
Most young people don’t consider life insurance an important investment for their future. But, one of the benefits of obtaining life insurance at a younger age is cost. Lower rates can be locked in so if there are health issues in the future, lower rates can remain in place as long as the premium payments are made.
Good Health Benefits
Maintaining good health habits are important and can help in the affordability of life insurance options. Life insurance rates are based on several factors, especially health and lifestyle. An example of this is if you are maintaining a healthy weight and don’t smoke, insurance options will be more affordable. If health issues do arise such as with blood pressure or diabetes and you can show you are active in managing these concerns, you may be able to negotiate a lower premium rate. Be wary of policies that offer insurance without a medical exam as these do not go through a full underwriting process which means higher premiums for you.
Options for Layering Policies
Life changes. Having children and college educations may be a consideration when building a responsible financial future. Consider layering life insurance options. Start early with an affordable plan to cover short term goals and then add long term options to cover long term goals.
Finding the Right Provider
Finding a reputable and trusted company is important. Coliday will work hard to find the best policy with the best coverage and rates that fit your needs. Contact us at 949-216-8459 or firstname.lastname@example.org