Raise your hand if you are worried about your out-of-pocket health care costs. We thought so. As we discussed in previous articles, health care costs continue to rise, even much quicker than the ordinary cost of living. As of this writing, the average health insurance increase for 2018 plans is between 8% and 10%. Many carriers have dropped out of the Affordable Care Act (i.e. Obamacare) exchanges. Do you have affordable health insurance options in your area?
You feel good. You just completed a life insurance application, something on your “to-do” list for a while. A week goes by, and you don’t hear anything. A couple of days later, you receive a letter from the carrier. You open in earnest, only to read that you have been declined for life insurance. You are upset and don’t know what to do next. Declined for life insurance? How can that be? Don’t worry. Chances are you can still obtain life insurance coverage. How? We outline the steps next. In this article, we discuss what to do if you are declined for life insurance. First, we’ll discuss the top reasons why carriers decline people on life insurance. Then, we will discuss the steps to take if you are declined.
The marijuana industry has changed in the last few years. No longer is the stigma that smoking marijuana is a dirty, criminal activity (although still largely illegal at the federal level). TV shows such as High Profits have attracted record viewers. More importantly, as of this writing, 8 states have legalized both the medical and recreational use of marijuana. Additionally, 21 states have legalized the medical use of marijuana. The life insurance industry has changed as well. If you thought you could not obtain life insurance (or any other type, for that matter) because of your marijuana use, you should be happy to know that you absolutely can. In this article, we will discuss how to obtain life insurance for marijuana users. [Read more…]