3 Reasons Why Hospital Indemnity Insurance Is Worth The Money | We Discuss Why This Insurance Can Be An Important Component To Your Health Insurance

Updated: August 6, 2023 at 8:16 pm

hospital indemnity insurance worth the money

Many people wonder what hospital indemnity insurance is and if they need it.

Oh, John, you say. Stop right there. I have health insurance. I’m covered.

Many people think they are. However, did you know your health insurance likely does not cover everything? Here’s what I mean.

Let’s say you are in the hospital for a few days because of an accident. The pre-insurance bill is $50,000. After it is all said and done, you owe $7,500 which includes your $6,000 deductible you will need to pay and $1,500 of coinsurance.

Do you have the money to pay for that? How would you pay for these unexpected medical expenses? A hospital indemnity insurance policy is an option.

Continue reading 3 Reasons Why Hospital Indemnity Insurance Is Worth The Money | We Discuss Why This Insurance Can Be An Important Component To Your Health Insurance

Here Are The Insurances Stay-At-Home Moms And Parents Need [Very Affordable]

Updated: May 30, 2022 at 12:45 pm

Young mother reading a book to her children.Insurance for stay-at-home moms and parents?

Ha, you think!

But, you should know if you are a stay-at-home parent, you know your household can not function without you.

A large misconception for stay-at-home moms and parents is that, because they essentially earn $0, they have no worth. Nothing can be further from the truth.

In fact, many reputable industry sources illustrate that a stay-at-home parent “earns” anywhere from $100,000 to $160,000 annually from all of the things they do to keep the household functioning. One website, for instance, states that a stay-at-home mom is worth over $1780,000 in 2021. No different than the household breadwinner, stay-home-moms and parents need to protect their worth in case of the unexpected.

Yes, stay-at-home moms and parents need insurance protection, too.

Let’s talk about these insurances next.

Continue reading Here Are The Insurances Stay-At-Home Moms And Parents Need [Very Affordable]