Life Insurance

• What's the difference between Term Policy and Permanent Policy?

  The Permanent Policy has Cash Values . Permanent insurance, such a “Whole Life or Universal Life has cash Values accumulation. Term Insurance does not. You can borrow against the cash value of a permanent policy for any reason but always keep in mind that it reduces the cash value and therefore the death benefit payable under the policy. You also can put the money back in order to save more money. Term Policy is simple, the company just pay the face amount directly to the beneficiary when the Insured dies.

• What's the beneficiary ?

  The beneficiary is the person , or persons of your choosing to whom Insurance Company will pay the death benefit when the insured dies . The beneficiary can also be a company or a thrust .

• How claims are paid ?

  Claims are paid promptly once the Carriers receives all the necessary requirements . A completed claim form and death certificate are required for most claims.

Health Insurance

• What’s the difference between short term insurance and long term health insurance ?

  Unlike long-term insurance, short term (known as temporary) options are limited to a period. Twelve months is typically the maximum coverage on a short term policy. Some policy required a three -month minimum . Also, these plans are not renewable. There is an option for 3 years but the premium increases each year. In Market Place, the preexistent conditions are not considered and they have to accept you anyway.

• Who is eligible for Obamacare?

  Anyone living in the United States who is a citizen or legal resident, and who is not incarcerated, is eligible for Obamama care. The cost will be based on income.

• Who is eligible for Medicare ?

  A citizen can purchase Medicare and non citizen may be able to qualify to purchase Medicare . Both will be eligible when they turn 65 years old. Also for young people with disabilities and people with end stage Renal Disease.