Archive For The “Insurance” Category
Variable Annuities: What is a Variable Annuity?
By Jorge Hiram Garcia, Your Insurance Advisor | May 21, 2010
A variable annuity is a type of annuity that resembles a mutual fund. A variable annuity provides a consumer with some of the safety that a regular annuity provides, but offers a rate of return that can vary dependent on what happens in the market.
Fixed Annuities: What is a Fixed Annuity?
By Jorge Hiram Garcia, Your Insurance Advisor | May 19, 2010
The fixed annuity is similar to a bank CD or Certificate of Deposit. The fixed annuity buyer is assured a guaranteed rate of return for a specific period of time, or term. In the majority of cases, the longer the term, the higher the rate of return.
Auto Accident Insurance Claims Settlement Secrets
By Jorge Hiram Garcia, Your Insurance Advisor | May 18, 2010
Knowing how insurance companies process auto accident insurance claims can make the difference between receiving the minimum amount or receiving thousands of dollars more for your auto accident insurance claim. Learn what you need to know to get the most for your auto accident insurance claim.
An annuity is an insurance product that helps consumers protect themselves against living too long. In effect, it works as the opposite of a life insurance policy which protects you from living too little. An annuity guarantees the annuity owner a fixed amount of income for as long as they live.
In a recent post about disability insurance coverage, we discussed how to determine what amount of disability insurance to buy? Today, we’ll take a look at a quick and easy method to estimate the amount of money needed (as an amount of disability insurance coverage) as accurately as possible. The most effective and accurate way [...]
How can I determine how much disability insurance I need?
By Jorge Hiram Garcia, Your Insurance Advisor | April 29, 2010
The goal of buying long term disability insurance is to make sure that if a disability occurs, you and your family will have enough financial resources to maintain your family’s lifestyle without having to make drastic changes. You’ll need to make some adjustments of course, but the goals is to ensure that those adjustments do [...]
Why is the impact of disability worse than death?
By Jorge Hiram Garcia, Your Insurance Advisor | April 28, 2010
Disability is the inability to earn a living (this means working for most of us) due to illness or injury. Long term disability results from this type of condition existing for a period of three months or longer. The longer the period of disability, the harder it becomes financially for the disabled, and his or her family.
Are you concerned about qualifying for a health insurance plan, or being able to afford one?
By Jorge Hiram Garcia, Your Insurance Advisor | April 27, 2010
Many Americans worry about their health. Specifically, they worry about being able to pay for their health care expenses if something bad happens. Unfortunately, it’s not even really a matter of if, but of when. For many Americans struggling to make ends meet, especially now during this difficult recession when many of us are worried [...]
Many consumers do a poor job of protecting themselves from the long term loss of income due to a long term disability. The great majority of consumers who do buy this type of coverage do so through their employers, yet these types of employer provided long term disability insurance policies may not be the best choice for consumers.
What deductible should I choose in my auto insurance policy?
By Jorge Hiram Garcia, Your Insurance Advisor | April 24, 2010
When it comes to auto insurance policies, the deductible amount that you choose can determine, in large part, the price you will pay. The higher the deductible amount, the more money you save on your monthly premium payment amount.
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