Your IRA Can Help You Pay for Your Health Insurance Premiums - Keeping up on health insurance premiums while unemployed can be difficult. Especially since a lot of people choose COBRA and the premiums for COBRA are usually much more expensive than what one was previously paying through their employer.
Under most circumstances if one wants to withdraw money from their IRA there is a hefty penalty but if the money is withdrawn from the IRA and used to pay for health insurance premiums there is no penalty. Remember though that you must be unemployed for at least 12 weeks to avoid the withdraw penalty. Your IRA Can Help You Pay for Your Health Insurance Premiums originally appeared on About.com Personal Insurance on Tuesday, March 9th, 2010 at 20:46:50. Permalink | Comment | Email this
Cutting Your Insurance by Signing a "Tobacco-free Affidavit" - We will see it more and more as we all realize we have a nation full of sick people who don't want to change their lifestyles but still want equal health care coverage. Have you ever taken the time to think about why smokers usually pay the same amount for their health insurance as you do?
It is a change that some insurance companies started years ago and it is catching on quickly. Yes, in individual health insurance one pays for their lifestyle choices but in group or employer health insurance everyone usually pays the same. But now, that is also changing.
According to www.newsandsentinel.com city employees can pay less for their health insurance if they don't smoke but will have to sign a "tobacco-free affidavit" and "the city will perform a review to make sure tobacco users are truthful in their claims."
How the "review" is handled will surely be a contested point among workers and staff alike. And I am sure both sides will argue about why one way or the other is not fair. Regardless, this is the future. Think about other insurance policies such as your homeowner and car insurance. Do we all pay the same amount for car insurance but get to drive any way we want?
Cutting Your Insurance by Signing a "Tobacco-free Affidavit" originally appeared on About.com Personal Insurance on Thursday, March 4th, 2010 at 19:34:35. Permalink | Comment | Email this
Life Insurance with No Medical Exam? Yes, But You May Pay. - According to www.doityourself.com, some people mistakenly choose special life insurance policies that do not require a medical exam. Byron Udell states in the article, "While it may be more convenient to buy insurance that way, it will cost you a fortune in the long run. These policies are significantly more expensive than their fully underwritten counterparts because the insurance company isn't being given the opportunity to really evaluate its risk."
If you are nervous about your life insurance medical exam, check out the article What to Expect: Your Life Insurance Medical Exam. It will give you a list of common questions asked and procedures performed for your life insurance medical exam.
Life Insurance with No Medical Exam? Yes, But You May Pay. originally appeared on About.com Personal Insurance on Tuesday, March 2nd, 2010 at 22:32:29. Permalink | Comment | Email this
Weekend Insurance Tip: Know Why Driving Distracted a Problem With Teens Driving - There are many reasons why teens tend to be more distracted while driving. Parents and their driving habits play a key role and insurance will just keep going up for us all if we don't stop our distracted driving.
Weekend Insurance Tip: Know Why Driving Distracted a Problem With Teens Driving originally appeared on About.com Personal Insurance on Saturday, February 27th, 2010 at 22:13:08. Permalink | Comment | Email this
Monitor Car Insurance Rates Nationwide - We all know that health insurance rates are on the rise but what about car insurance rates? Here is a great tool that will help you monitor car insurance rates nationwide. It is the Auto
Insurance RateWatch from Insurance.com. The car insurance rates update the first of each month.
Shopping for car insurance online? Then don't forget to check out the Online Auto Insurance Quote Guide. Monitor Car Insurance Rates Nationwide originally appeared on About.com Personal Insurance on Thursday, February 25th, 2010 at 09:57:19. Permalink | Comment | Email this
| 
