Our Strategy

Accident insurance is a form of insurance policy that offers a payout when people experience injury due to an accident. This type of insurance does not usually cover negligence, or natural disasters, and the policy may include restrictions such as caps on total payouts or restrictions on payouts for activities deemed risky. Many insurance companies sell accident insurance, which can be purchased as a standalone policy or bundled into an existing insurance policy. This policy may feel the needs that exist in your current medical plan.

Critical illness insurance provides additional coverage for medical emergencies like heart attacks, strokes, or cancer. Because these emergencies or illnesses often incur greater-than-average medical costs, these policies pay out cash to help cover those overruns when traditional health insurance may fall short. These policies come at a relatively low cost. However, the instances that they will cover are generally limited to a few illnesses or emergencies.

Term life insurance.
This policy has a specified end date, such as 10, 15, 20 or 30 years from the start date, and the death benefit is only paid out if the policyholder dies during that time. Term life insurance is generally more affordable than permanent life insurance.

Permanent life insurance.
This policy lasts for the policyholder’s entire life and does not expire. Common types of permanent life insurance include:

• Whole life insurance: This policy pays the beneficiaries a specific amount upon the death of the insured, and it also builds up a tax-deferred cash value over the life of the policy. The policyholder can borrow against this cash value.

• Universal life insurance: This policy combines life insurance and investment components. The policyholder can pay funds into an investment account, and payments for premiums and other expenses are taken from that account. The policyholder can increase or decrease premiums to affect the policy’s cash value, and they can also raise or lower the coverage amount.

Gap medical insurance, also known as supplemental health insurance or group supplemental health insurance, is a plan that works with a high-deductible health plan to help pay for medical costs before the deductible is met. It can help people who have high medical costs before reaching their deductible, are between jobs, or have many health concerns that lead to high deductibles, copays, or coinsurance. Gap insurance can also be a good option for relatively healthy people who want to reduce out-of-pocket medical costs.

Short and Long-term disability (STD) insurance is a private insurance plan that replaces a portion of your income if you’re unable to work due to a non-work-related injury, illness, or medical condition. STD can help you cover living expenses while you recover, such as rent, groceries, and mortgage payments typically up to 12 months.

Long Term disability can provide benefits after a 90 or 180 day waiting period. The benefits would pay for a benefit period of 5 years, to age 65 or Social Security Normal Retirement age.

Hospital indemnity insurance, also known as hospitalization insurance, is a type of insurance that provides a cash payment to help pay for hospital stays. It can supplement existing health insurance coverage by helping to pay for expenses that primary health insurance doesn’t cover, such as deductibles, co-insurance, and co-pays. 

The payment is usually a lump sum and is made directly to the insured, not to the medical provider. The amount paid is typically based on the number of days spent in the hospital, and the payment is not dependent on the amount charged by the hospital or other insurance coverage. The insured can then use the money however they choose, such as to pay for non-medical expenses like housing, groceries, or car expenses.

Verdegard

Transamerica

WellFleet

Assurity

Lincoln Financial