Health insurance is a vital aspect of taking care of your well-being, but it can also be a significant financial burden for many individuals and families. If you find yourself unable to afford health insurance, it’s essential to understand that you still have options to access medical care ...
It pays to know what you can expect and how to soften the blow.US News &World Report
When you’re healthy and you can’t afford health insurance, you might consider paying the penalty instead of much more expensive monthly premiums. But if something were to happen and you had to cover medical expenses out of your own pocket, you’d be putting yourself in a very bad financi...
» MORE: What to do if you can’t afford your homeowners insurance Don’t cancel your policy While you may be tempted to skip having insurance altogether, this decision can have long-term consequences. Since every state except Virginia requires most drivers to carry some amount of car insura...
“Maybe you’ve got a mortgage that you’re trying to make sure is covered in the event of your untimely death. Or maybe it comes down to cash flow and the death benefit,” says Jolly. “If you can’t afford the premium on permanent life insurance, then I think term insurance solves...
Here are six steps to try if you can’t afford your homeowners insurance. Be proactive If you’re not sure you can make your next homeowners insurance payment, reach out to your agent or insurer as soon as possible — ideally before your policy lapses. Although there may be a grace perio...
but it may be able to help you afford your earthquake insurance deductible if you qualify. FEMA can help you out temporarily, but it isn’t an insurance policy. One of the key benefits of earthquake insurance is having peace of mind that, should the worst happen, what’s likely your larg...
"If they decide that one party is going to keep it, that person has to look at whether they can afford it,'" Colton said. First, the property will need to be retitled: The spouse relinquishing the house must sign a quitclaim deed to remove their name before the mortgage can be resol...
An unfortunate reality is that not everyone can afford to have dental insurance. Poor dental health has a negative effect on your overall health. An increased risk of heart disease and diabetes are serious health conditions that are linked to poor oral hygiene. If you...
Term life insurance is attractive toyoung people with children. Parents can obtain substantial coverage for a low cost, and if the insured dies while the policy is in effect, the family can rely on the death benefit to replace lost income. ...