Insurance
 What does tomorrow have in store? Serious injury, debilitating disease, premature death? No one can answer that question with 100% certainty. The question everyone should be able to answer though is, “are you and your family prepared for any of these”? Protecting your family and your assets is the most important goal everyone has.
At Snider, Fuller and Associates, we want to help give you that peace of mind of knowing that you are prepared for the uncertainties of life. Call today to let one of our agents assist you in evaluating your situation to determine the right types of coverage needed for you or your family. The types of insurance you should consider are:
Life Insurance
If you died today, would your family be able to survive financially without you? If you answered no, chances are you need life insurance.
The emotional struggle felt when a love one is lost, doesn’t have be compounded by financial struggles as well. If you are not sure if you need life insurance, think about what would happen if you died today. Would your family have the money to pay for your burial expenses? Could they meet the everyday living expenses of making the mortgage payment, buying food and clothing, covering automobile costs, paying for their healthcare, and even paying for educational costs? When you sit down and calculate all of these and other expenses you have, most of us realize that our families would need help in the event that we were not around to support them. Deciding that you need life insurance is the easy part, deciding on what kind you need is the hard part. Life insurance is categorized into 2 types:
 Term Life Insurance – This type of life insurance provides protection for a specific number of years, usually 5, 10 or 20 years. In the event that an insured person dies within that time, a death benefit is paid to the beneficiary of the insured. Many term policies can be converted into a permanent life insurance policy without evidence of insurability. Term insurance is most useful for younger people who have growing families and lower financial needs.
Permanent Life Insurance – This type of life insurance, as long as you continue to pay the required premiums, stays in force as long as you live. Upon your death, it pays a tax-free death benefit to your designated beneficiary. Additionally, a portion of the premiums you pay are deposited into a tax-deferred accumulated cash value account. This is money you can use while you are alive should you need it. There are many types of permanent life insurance, including whole life, universal life, and variable-universal life.
At Snider, Fuller & Associates, we will sit down with and assist you in calculating the expenses and needs your survivors will have, to determine how much insurance you need. In addition, we will further explain the types of life insurance available and help you determine what type of insurance is right for you and your budget, to protect your family. 
Health Insurance
If you have ever been sick or injured, you know the importance of having health insurance. We can’t plan for either of these events to occur, but we can plan on being covered in case one does.
 What if you are self employed or have quit your job and have decided not to go back to work. You may be able to comfortably support yourself financially in meeting your daily living expenses, but can you pay for all of the bills and expenses that come with being sick or injured? Health insurance policies are available with a range of coverage, deductibles and co-payment options. We can help you choose the coverage that is right for your financial situation.
Are you considering changing jobs in the near future? If you are, you may have a period of time in which you have to wait before being eligible to receive health care benefits with your new employer. Most of us do not want to take a chance on becoming sick or getting hurt and not have health insurance, even for a short period of time. We can help you obtain short term medical insurance in cases like this, whether it is only for one month, or six months.
Call us today to discuss your medical insurance needs and to get a quote for a plan that is right for you. During this time, we will review the various plans and options available to you and your family. Or, if you prefer, click the HealthCare1 link below to generate a quote that we can discuss when you call:
Long Term Care Insurance
What is long term care insurance?
Long term care goes beyond health insurance which pays for basic medical needs such as doctor’s visits and hospital bills. It includes all of the assistance you may need if you would have a chronic illness or a disability which may leave you unable to care for yourself for a lengthened period of time.
 Some people automatically think that this means coverage is only provided if you are in a nursing home or health care facility. But long term care insurance provides coverage for at home assistance as well, including for shorter periods of time. For instance, after an accident or surgery, you may need help during the rehabilitation period with daily living activities such as bathing, dressing, continence, and even eating. It is important for most of us that we know we won’t have to depend on family members to care for us and that we can maintain our independence in the comfort of our own home.
Long term care insurance is not just for older people. Younger people can benefit from the coverage during these short term periods. Another consideration is, as is with health and life insurance, the younger you are, the less the premiums are. There are a variety of methods to fund this valuable protection.
Call us today and let one of our representatives review your long term care needs today.
Disability Income Insurance
Have you ever thought about what would happen if you were sick or injured and couldn’t work for months or even years? Disability income is a source of replacement income in case this would happen. If you are unable to work for a period of time, you would still need income to continue paying the daily living expenses for you and your family. This is why anyone, young or old, can benefit from disability income. Sickness or injury can happen to anyone one at any age and can last for any given period of time.
 Some employers may provide some form of disability coverage, but many do not. Therefore it is critical that you understand the impact the loss of wages could have on you and your family. Disability income benefits typically provide coverage for either a short-term (up to 26 weeks) or for a longer-term (26 weeks until age 65 or life) and are priced accordingly. If you do decide to investigate purchasing disability insurance, make sure you understand the definitions within the contract that will trigger a benefit to be paid. Definitions can vary widely from company to company. A little research in the beginning can mean the difference between colllecting during your incapacitation or not.
Call us today to learn more about disability income insurance.
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