Health Insurance for the Self Employed

One the most difficult things about being self-employed is having to find and pay for your own insurance. When you have a job with a benefits package that includes health insurance it's easy to become “spoiled”. Rates are often far better and coverage usually far more comprehensive than for individual and family insurance.

When your employer offers health insurance, pretty much the only decision you need to make is whether or not to accept it. When you're on your own, having to research all the options and decide what is most appropriate for you you may be overwhelmed by the choices and costs.

In your employer's plan everyone in the company paid the same rates. Now you're faced with more decisions than Baskin Robbins has flavors, but unlike buying ice cream, your decision has consequences.



The first thing you'll discover is that every state has a different set of rules and laws that govern and regulate the insurance industry for that state. Prices vary, not only from state to state, but zip code to zip code. There are dozens of insurance carriers to choose from, including names familiar to you from television, which may or may not offer you the best deal.

You're going to have to do some investigating and you're going to be shocked, especially coming from group health policies, where pretty much everything is covered, from doctor visits to prescriptions, and everyone is acccepted by the very nature of group coverage.

You are going to find that individual and family and insurance is quite selective. Pre-existing conditions will either be excluded, not covered at all or be a cause for your rejection altogether. It is important before you apply for any insurance policy to know what the restrictions are. One of the worst things that could happen is for you to be rejected because of a medical condition. Rejection by one carrier will raise a red flag and possibly cause you to be either rejected, out of hand, or forced to pay a higher premium with other carriers.

You should also make certain when buying a policy that you're guaranteed not to raise your premium for at least 12 months. Insurance companies often offer a teaser rate to get you to sign up with them and then raise your rates soon after. All of the companies going to consistently raise your rates, just make sure you're rates are locked in for a least a year.

Make sure you're with a reputable firm. Some of the offerings sound great but unless you're an expert you may not see the loopholes which render the policy useless to your needs. Your best bet is to consult with a health insurance professional, a broker, an independent agent, one who represents a multiple insurance companies. Such a person knows the business, can answer questions and lead you in the right direction.

Another option is to consult an online quoting engine, available through the Web Sites of many independent agents. Here you can compare a variety of health insurance policies and companies, and note the variety of prices and options of coverage.

Quoting engines are nice, but do not forget that they only display the "preferred" rates, which may not necessarily reflect your actual rate. They also lack the ability to advise you about loopholes, and potential pitfalls. For that you need a trained and licensed health insurance agent.

Author : Jeff Wild is an independent agent and a representative of some of the highest rated insurers in the United States. His Web Site, Simple Health Coverage was created to educate, inform and connect you, the consumer with the best carriers, policies and agents in your geographic area.

What is Level Life Insurance?

Mortgage insurance is level term life insurance that protects the home. In case of death, life insurance can be used to pay off the mortgage on your house so that your loved ones will own their home free and clear and can continue to live in familiar surroundings.

Is your home your castle? The largest investment most Americans will ever make in their life is their house. Term life can protect that investment in case of an untimely death. It can save your family from facing the insecurity of wondering how long they can afford to make monthly mortgage payments and remain in their home. Your children will not have to be uprooted from their schools and friends, and your spouse will not be forced to sell your house in a buyer's market or seek rental housing in a less than desirable neighborhood.

The insured home is where the heart is!

With a single phone call or e-mail you can start the process to protect your mortgage and receive a term life insurance quote. You can choose your family as beneficiary, and not the mortgage company. Let a qualified adviser help you choose the plan that best fits your family mortgage needs with a term life insurance company.


Level Term Life Insurance (http://www.equote.com/li/level-term-life-insurance.html) plans usually match the length of your loan (5, 10,15, 20, 25, 30) years. The insurance is locked in for the length you choose. The face value never changes and the premium is guaranteed to remain level for up to 30 years.

HomeGuard is a unique product for the mortgage insurance marketplace. With HomeGuard, if you or your spouse dies, the mortgage is paid off. If you should become unable to work, you can receive up to $1,500 a month tax-free income to pay your home loan. If you should become unemployed, the plan can make mortgage payments for you for up to six months. And as part of the insurance plan, you can have all premiums refunded if you do not use the disability benefits during the policy period. Whether you live or die, become disabled or unemployed, this plan can protect your family and benefit you.

About Equote

Ever since EQUOTE was first founded in 1999, the company has maintained a solid vision regarding providing the finest of all products available relating to life insurance, annuity products and long term care products. EQUOTE has higher aspirations than to simply serve as a vehicle through which to search for low-cost term life insurance. Instead, EQUOTE has a goal that revolves around completely and thoroughly educating consumers and customers alike so that they may make their own informed decisions regarding life insurance and long term care, rather than being forced to make these decisions without the research and understanding necessary to do so. The people behind EQUOTE are heavily family oriented, and believe strongly in the principles behind having good life insurance as a means of keeping your family protected and ensuring their safety for many years to come.

Author : Lynette Tyson has extensive experience with life insurance and other financial planning products. She has previously written articles on term life insurance and life insurance quotes for Equote.com, a San Diego based life insurance company.

Consider Loan Insurance With A Specialist Provider.

Loan insurance is excellent, a return plan on which rely if you should suffer the misfortune of an accident which was to keep you to be able to work. It would also provide you with the sum that you insured against if you were to become ill and were not able to go to work and it would also disbursement if you fall in unemployment statistics. Anyone who has loan or credit card reimbursements to make each month should have something to fall back on so that they would be able to carry on the reimbursement of their loan or credit cards. By not being able to pay, you are at least risk seeing a decrease of your credit score.

As your credit score is what all lenders look before you give a loan you are very unlikely to be given any form of loan if you previously failed on borrowings. This is not the worst, you could also be taken to the court and have a CCJ against you or the judge could order repossession of your goods to pay to the lender. Into debt is so much easier to get out and it could take many years before you restored your credit rating to his glory. Loan insurance can put an end to this issue and it has not to be expensive.

You provide choose the option to purchase of an autonomous provider you can make large economies of a policy. An independent supplier will give you the information necessary for you be able to decide if you would be able to benefit from the coverage as there are exclusions that may stop you. These must be checked against your situation and once you have ensured a policy would be appropriate that you can then apply online very easily. The majority of lenders will give you an estimate that will be based on age you are when they take on the coverage and the amount that you wish to insure each month.

You are authorized to take the protection with suppliers for up to a certain amount of your refund each month and that is the amount that you will get if you need to affirm on policy. Different suppliers will be defined different starting and end dates in small characters, so, you should check the terms of the policy. The payment will be generally given when it reached between the 30th and 90th days to be unable to work or to become unemployed. Some of the suppliers with their coverage to the first day of you who come out of work or incapacity; once again that you must check in small characters before purchase.

Once your policy began pay it would then provide with an income tax-free each month, again according to the provider this can be between 12 months and 24 months. Loan insurance would allow you to forget about your reimbursement of loans and find the money which lets you free to concentrate on the recovery and the return to work or find another position.