Financial Services to Protect Yourself From All of Life’s Unexpected Expenses
Medigap and Medicare Advantage, + Dental, Life Insurance, Long-term Care, Disability Insurance, and more!
At MediGap Advisors, we believe in helping you protect yourself against unexpected expenses while keeping your costs lost. We also believe in taking the complex topic of insurance and making things simple and easy to understand. In addition to Medigap and Medicare Advantage coverage, we help our members with life insurance, long-term care insurance, dental coverage, and more! We are here to make it easy.
Second only to insuring your health is insuring your life. In most cases, we believe that purchasing a term life policy makes the most sense, as it provides coverage for a set period of time and is the least expensive life insurance plan there is. Your loved ones can use the proceeds from the policy to pay for your final expenses, and to clear any debt you may have.
You can choose coverage amounts starting at $50,000. You can also choose how long you would like the term to be, from 10 years on. At the end of whatever term you choose, you can either renew your term policy (although the rate will be slightly higher due to age and health factors) or apply for a new policy.
Rates for a policy vary by age, location and lifestyle choices such as tobacco use. MediGap Advisors has access to the lowest life insurance rates available. Visit our Term Life Insurance page to receive a general estimate of the rates you will pay. You can also use the form on this page to request a quote for your area.
Self-funded Pension Plans
Self-funded pension plans are designed to provide you with a guaranteed monthly income over time. If you’re concerned that you may outlive your retirement savings, an self-funded pension plan may be just the ticket for you.
There are 2 main types of self-funded pension plans: deferred income plans, which allow you to defer tax payments on the money you receive from the self-funded pension plan, and income self-funded pension plans, which pay you a monthly fixed income amount. With both types of plans your money grows based on either a fixed rate, or it grows variably, based on how it’s invested.
For more information on the benefits of self-funded pension plans and the companies that we represent, visit our Self-funded pension plans page.
You might be over 65 and eligible for Medicare. But that doesn’t always mean you’ve stopped working. If you sustained an injury that keeps you out of work for an extended time, how would you pay your living expenses?
Disability insurance pays you a weekly sum if you’re out of work due to an injury. It starts paying when you’ve been out of work for 14 days, and continues to pay, either $250 or $500 per week, depending on the level of coverage you select. Rates are very low for these types of policies, and that money can be a lifesaver if you’re out of work.
Go to our Accidental Disability Coverage page to learn more about this type of coverage.
Long-Term Care Insurance
Over a third of people aged 65 and older will spend at least some time in a long-term care facility. For this reason, having insurance coverage for that times is vital. Medicare does not cover a stay in any type of facility, nor do Medicare supplement policies. In order to make sure you are covered in the event of a move to an assisted living facility or having to have someone come into your home to assist with your daily needs, a long-term care insurance policy is important.
For more information about how to choose a policy, or to submit a request to speak with a long-term health insurance expert, please visit our Long-Term Care page.
Since Original Medicare does not cover any type of dental services, we offer several different options to help with your dental expenses.
The first of these is the Spirit Senior Dental Plan, which is available for anyone aged 65 and older. This plan also covers spouses and children who are under 19 and unmarried. This is a guaranteed acceptance plan, and offers maximum amounts of up to $3,000 per year with a $50 deductible for both preventive and basic or major services. The Spirit Dental page can provide more detailed information.
We also have a discount plan available called the Careington (CARE) plan. Although this is not an insurance policy and you are responsible for all of the costs, your dental services can be greatly discounted through this plan. There are over 60,000 providers who participate in the CARE network. To see the participants in your area, please visit the Careington website.
Lastly, DentalPlans.com offers a discount program for those whose dental provider does not participate in the CARE network. Signing up through MediGap Advisors for one of the 30 plans available also gives you three months free as well as an additional 10 percent off. Please visit Dentalplans.com to find a plan that best fits your needs.
Final Expense Insurance
Final Expense Insurance - The National Funeral Directors Association estimates that the expenses associated with death and burial average between $6000 and $15,000. This can include pre-burial expenses such as ambulance and physician’s charges, burial expenses like caskets and vaults, and post-burial expenses such as probate costs and final debts.
Final Expense Insurance is a form of life insurance that is specifically-designed to pay these expenses. Typically the face value of these policies is low - averaging around $35,000 - and subsequently the premiums are low as well. Most people can qualify based on their health status, and once purchased the premiums never increase and the policy cannot be canceled.
Final Expense Insurance protects your loved ones from the significant costs associated with death and burial. MediGap Advisors works with many A-rated insurance companies to provide this valuable coverage to our members. Visit final-expense-medigap-plans-fex to learn more about how this affordable coverage can help you, and to get an instant quote.
With Call A Doctor Plus, you are able to see a doctor via phone or video conference to address your non-emergent health care needs. A U.S. Board Certified doctor will be available to discuss your questions and concerns, and can even ensure your prescriptions are filled! Call A Doctor Plus offers many other member benefits - including legal assistance and financial services, as well as pharmacy discounts and medical bill savings.
Not Sure Which Ones To Get?
Remember, if you need help deciding which additional insurance plans you need, one of our MediGap Personal Benefits Manager will be happy to help you in any way he or she can. With years of insurance expertise to draw from, our Personal Benefits Manager can help you find the plans that will fit your budget and provide the coverage you need most.
Please call our toll free number at 800-913-3416 to speak with a Personal Benefits Manager today. Our services are free, and you are under no obligation to buy.