Health Insurance

Everyone Needs Health Insurance

When we are young we think we are invincible. We take stupid chances and get ourselves into dangerous situations while thinking our bodies will be strong enough to sustain them. The truth is that we can all get into serious medical trouble no matter what age we are at. Health insurance is crucial because it can be the difference between saving your life and keeping you out of bankruptcy. This won’t be an issue for very long because the new Affordable Care Act law is about to go into effect in 2014. This will require everyone to purchase health insurance or face substantial penalties on your income tax return. So, you should visit the healthcare.gov website and see if you can apply for health insurance through their marketplace. If they are still having technical difficulties, then you can try applying over the phone. The website will give you the number to call.

Life Insurance is Commonly Overlooked

We all know that we need health insurance, but why do we need life insurance? This is the kind of insurance that pays after you are dead. What fun is that? Well, this insurance is meant to compensate your family so that they can pay for your funeral costs and other expenses after you pass away. Depending on how much coverage you have, it could also help keep a roof over your spouse’s head after you are gone. So, make sure you look into some affordable life insurance policies as soon as possible. And again, you don’t necessarily have to be old to want to take out a policy. You never know what accidents or tragedies might happen to you in life. Even though we don’t want to think that those things will happen, sometimes they are out of our control. Therefore, take out a life insurance policy that will protect your family and keep them secure.

photo by: 401(K) 2013