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Critical Illness Insurance. The Press Is Giving Insurers A Hard Time.

Insurance / Medical Insurance

Aplus Legal Advice  |  2022.08.09 22:26  |  781 views

Recent stories in the press have again lambasted the insurers over critical illness insurance. The core problem is that a critical illness claim is not as straightforward as, for example, a claim under life insurance. With life insurance it’s going to be hard for the insurance company to argue that you’re not dead!



Informed Customers Pay Much Less for Insurance

Insurance / Home Insurance

Aplus Legal Advice  |  2022.08.30 13:54  |  629 views

It is widely known that insurance companies use factors such as your age, sex, and marital status to determine how much you are going to pay for your homeowner’s and auto insurance. What you may not know is that your insurance company is most likely using information found in your credit report as well. In fact, the single biggest factor in your premium is usually what the insurance industry refers to as your insurance score, and that insurance score is calculated from information found in your credit report.



Using Your Health Savings Account to Build Retirement Savings

Insurance / Medical Insurance

Aplus Legal Advice  |  2022.07.31 19:13  |  769 views

Health Savings Accounts are an excellent way to build a second retirement account. These tax-favored accounts, which have only been available since January of 2004, can be opened by anyone with a qualifying high-deductible health insurance plan. Once you open an HSA account, you can place tax-deductible contributions into it, which grow tax-deferred like an IRA. You may withdraw money tax-free to pay for medical expenses at any time.



Why Sports Cars Cost More to Insure

Insurance / Car Insurance

Aplus Legal Advice  |  2022.08.31 22:27  |  827 views

Have you ever wondered why sports cars cost more to insure than other types of cars even when the purchase price of the sports car is less expensive? If so, the following are the main reasons why this is the case.



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