Medicare insurance along with Medigap covers a host of services - medical expenses that include doctor visits, hospital care, preventive and long term treatment costs for mental, dental, reproductive, eye and teeth care, and so on.
>>>While many of us strive to put aside some small portion of our earnings into a savings account or investment of some kind, a portion of financial planning that we tend to neglect is an insurance policy. Often, it might seem like a waste of money to pay out a premium year on year towards something that you do not immediately see the benefit of. Howe
>>>What are the pros and cons of term life insurance?Term life insurance is a life insurance policy that requires one you to pay a fixed premium for a certain period ranging from 20 to 30 years. The major problem with term life insurance is that the policy remains valid only for a specified period.
>>>On the policyholders demise during the term of the policy, the amount of money stated in the policy is paid out by the insurer. This tax-free face value of the policy is usually transferred to the beneficiary of the insurance policy.
>>>However, term life insurance is not a tax-free saving. And, with every renewal, the premium tends to increase and ultimately becomes redundant if it is not valid until the insured persons death.
>>>This is an assured, free-of-cost service for all citizens of the United States and their spouses who have worked and paid taxes to the Federal Government for at least ten years. And for the rest, Part A of the Medicare insurance can be availed for a monthly premium.
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