All major health insurance plans are covered under the Affordable Care Act (also known as Obamacare). Different types of insurance plans include:
Individual and Family Insurance. This is the most common type of insurance because it covers all members of your family, whether they are young or old, male or female and people with varying incomes.
Life Insurance. Many life insurance policies cover both the policy holder and dependents that will live on the policy. This type of plan can be used to pay off a mortgage or to pay for funeral expenses.
Short-Term Insurance. This plan pays the insured for a period of one month at a time. For example, if you purchase a policy from a company that sells insurance for six months at a time, you will be covered during the entire six months. This is ideal for someone who has only had one medical expense.
Accident Insurance. This plan will pay for medical expenses for you and other persons that are in the accident and are injured because of the accident. Accident insurance plans cover not only the insured’s own expenses but also the expenses of anyone else that may come to the accident’s location or assistance provided by another person. These plans can be purchased individually or they can be purchased with an existing health plan.
Auto insurance. This is a must have when driving. Most states require all drivers to have car insurance in order to legally drive a vehicle. This is due to the fact that accidents involving cars and uninsured motorists result in more damage being caused to properties than accidents involving uninsured drivers. Therefore, it is important to always be sure that your automobile insurance is current and up-to-date.
Student Discount Programs. There are many discounts for college students, including student health care plans. Many times these plans can help save students hundreds of dollars on their premiums and can even result in them qualifying for government assistance programs such as Medicaid and subsidized health care.
Multi-Quotes. This tool is a simple online service that will compare quotes from various insurance providers from different companies in minutes and allow you to view the coverage offered by each insurance provider. You will have all the details on your screen, including the cost for each policy along with the deductible amount, total premium, the maximum out of pocket expenses, age and more.
Travel Insurance. There are a lot of reasons that travel insurance is required by most states. First of all, most states require that you have health coverage while traveling outside the state. However, if you do not have health insurance then you can still purchase travel insurance to provide your necessary coverage when traveling.
Property Insurance. This is designed to protect your home and any personal property that you may be carrying while traveling. It is also necessary to cover your home when you are on vacation. While it is possible to purchase separate policies to cover these types of risk, this type of insurance is usually bundled with other types of policies so that you get coverage from the same insurance company that provides other types of coverage.
Liability Insurance. If you are a property owner or operator, you may be required to carry this type of insurance, as well. Liability insurance covers your business assets and will pay any legal costs if you are sued due to someone damaging your property or someone injuring yourself in your business.
Life Insurance. This type of insurance will provide financial protection in the event that you die. The coverage is paid in several stages, starting with the first payment when you receive your annuities to covering burial benefits, medical payments, disability and the like.
Medical Insurance. Most health insurance providers offer different levels of coverage depending on the cost of coverage, the age of the insured and the health of the insured, among other factors.
