Life insurance provides a death benefit to loved ones (beneficiaries). Term life insurance policies will only pay out if you die during a specific period of time (often 10, 20, or 30 years). Permanent life insurance (whole life or universal life) is more expensive but will pay your beneficiaries when you die, regardless of when that happens.
Health insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals.
Supplemental insurance refers to an insurance policy that supplements your primary health insurance coverage. Supplemental insurance includes a variety of policies that can pay a lump-sum cash benefit to you that can off-set high deductibles and co-insurances your health insurance plan won't cover. It can be offered by employers or purchased individually.
Medicare is a government national health insurance program in the United States that begun in 1965 under the Social Security Administration. It is administered by the Centers for Medicare and Medicaid Services. Let us help you find the best plan that fits your particular needs.
Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance.
An annuity is an insurance contract in which you make a lump sum or series of payments to an insurer, who then provides periodic payments to you immediately or at some point in the future.