insurance (4) News

What Happens to Debt After Death?

When a loved one passes away, amidst the grief and sense of loss, the emotional unrest is often amplified by the practical matters that must be addressed. Among the many tasks and concerns to sort out is the often-overlooked question of what happens to the deceased individual’s debt.

MYGA’s vs. Fixed Annuities: What Sets Them Apart?

Annuities can provide individuals with significant value in retirement planning, such as increasing savings, managing tax exposure, or providing guaranteed income. Understanding the different types of annuities and assessing their suitability for one’s financial goals is crucial in determining ...

Understanding Medicare Advantage Plans in Minnesota

Medicare Advantage plans have become a popular choice for seniors seeking comprehensive coverage beyond Original Medicare. Also known as MA or MAPD plans, they offer supplemental benefits and often include prescription drug coverage, providing a more robust healthcare insurance solution over ...

How Does Medicare Part D Work?

Medicare consists of several different parts of coverage. Medicare Part A and Medicare Part B make up Original Medicare, which provides hospital coverage and doctor care, among other services. Find out more about what Original Medicare covers : What Do I Get With Original Medicare?

Are Medicare Premiums Income Based?

When it comes to Medicare, there’s a lot to consider beyond just the basic coverage options. One crucial aspect that often catches new enrollees off guard is the fact that Medicare premiums are income-based. This means that your premium amount for Medicare Part B may vary depending on your income ...

What is Family Life Insurance?

Most individuals are familiar with the term and concept of life insurance, but what about family life insurance? How is family life insurance different from any other life insurance policy? We’ll fill you in on the unique features and benefits of family life insurance and how it can provide ...

Can I Laminate My Medicare Card?

Shortly before your 65th birthday or when you sign up for Medicare, you’ll receive a red, white and blue paper card – this is your official Medicare card. Your Medicare card will be used for many things, such as receiving health care services from Medicare-approved providers, and you will need to ...