One of the biggest mistakes people make in planning their health and life coverage is assuming they'll never need long-term care services, or that if they do need these services, they will pay for them with their savings.

Many people shy away from long-term care insurance because they worry about premium hikes or the fact that if they don't use the coverage, they never benefit from their premium payments. But now there is a policy that melds long-term care insurance with life insurance.

Introduction

On December 19, 2018, the Department of Health and Human Services (HHS) issued proposed regulations to rescind the requirement that employers and plan sponsors obtain and use a unique health plan identifier (HPID).
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While life insurance may seem confusing and is not a topic people want to address, it is important to have life insurance and to pick the right type of policy. There are different options, and the right option for one person may not necessarily be the right option for another person. Each one has advantages and disadvantages. 
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As natural disasters continue to increase in number and severity, and insurers pay out record amounts of claims for damaged homes in many parts of the country, homeowner's insurance rates are on the rise.

In recent years, that's prompted some homeowners to hunt for the lowest possible premium they can find, but that can end up costing them more than they expected.
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Shopping for insurance based on price alone can have a number of consequences:

• Poor coverage and exclusions that may absolve the insurer from paying all or a portion of the claim.
• Insufficient coverage - or insurance with low payout limits that may not cover all the damage.
• Insurance with a poorly rated carrier that may not be as diligent about paying claims as other insurers.

According to the American Veterinary Medical Foundation, nearly two-thirds of pet owners consider their animals to be members of the family. In any given year, one in three of these beloved family members will need costly veterinary care, even if it’s for routine exams and vaccinations. Should a pet become severely ill and need emergency care, the costs can sometimes be more than pet owners can bear. Pet insurance can help.
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What is pet insurance?
Pet insurance provides coverage for pet illnesses and accidents. These plans are similar to your own health insurance plan, but with more focus on unforeseen medical incidents rather than routine preventive visits. Most pet plans cover dogs and cats, though some may cover other animals.

Insurers are experimenting with new technology that tracks how many miles you drive, your driving patterns and other nuances in how you drive, in order to price policies and offer discounts. 

As part of the process, insurers will typically require that policyholders download an app that will use the phone's GPS system and location-tracking to generate a picture of how the policyholder drives.
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Many of these apps will rate your driving and good drivers can earn discounts and rewards for safe driving, based on the data collected by the app.

With homeowner's insurance rates on the rise, you may be looking for ways to reduce your annual premium without skimping on coverage. After all, a large portion of your net worth resides in the same place as you do.
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But there are a number of strategies you can use to chip away at your overall annual premium.

When you have business insurance policies you will often hear the terms “insurance binder” and “certificate of insurance,” but do you know the difference?

A binder is a contract of insurance. It's called a binder because it "binds" your coverage and creates an insurance contract and is used temporarily until the policy is issued.
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A certificate of insurance is a form of proof of insurance warranting that you have coverage for a specific period.

There are about 10 million adults over the age of 50 in the United States who provide care for their aging parents. During the past 15 years, the number of adult children providing primary financial or personal care for their parents has increased more than three times. About 25 percent of all adult children in the country today are the primary care providers for their parents. The same number is almost equal to the number of non-working adult children who help their parents.

Having a medical condition doesn't automatically disqualify you from buying life insurance. While finding coverage can be more difficult than it is for others, individuals with challenging medical histories and even severe conditions can usually find at least some coverage.