There are essentially two kinds of heath insurance: Fee-for-Service and Managed Care. Although these plans differ, they both cover an array of medical, surgical and hospital expenses. Most cover prescription drugs and some also offer dental coverage.
Long-term care and disability insurance are two other plans you can add to your health insurance policy.
There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance. Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.
The best way to figure out the amount and type of life and health insurance that makes sense for your particular needs is to meet with a qualified life insurance professional.
Shipman Insurance specializes in meeting your needs for
Longview Life and Health Insurance. Give us a call today at
866-515-7007. We are looking forward to helping you find the best insurance policy to protect you and your family.