When you are pregnant, you have a slew of new health care problems to think about. You have to think about yourself, and the new human that you are growing. 

It might feel like it’s impossible to get health care right now, but it isn’t. A Don Allred Insurance, we want Burlington, NC mothers and mothers-to-be to know what health care options are when they are pregnant.

Your Health Care Options During Pregnancy

When you are pregnant, you have options for health care. The Health Insurance Marketplace may be open to you for special enrollment. You can also get Medicaid health insurance to cover your pregnancy needs and your labor and delivery.

After that, you will be choosing family plans, whether you are buying health insurance in the Marketplace or elsewhere. You will have 60 days from your child’s birthdate to enroll them through Special Enrollment.

You will want to have coverage for when you are pregnant so that you get your prenatal checkups and all of the screening you need to keep you and your baby healthy. 

What to Look for With Health Care

When you are looking for health care when you are pregnant, you want insurance that will cover every need, even the ones you may not know about yet. For pregnancy, you need coverage for your prenatal care, the labor and delivery, and for the after-care of your baby for the first 60 days of their life.

You also want coverage for any prescriptions you may need during any of that period. You might also want to consider additional coverage for services such as chiropractor, massage, or natural therapies as your body is dealing with the natural strains of pregnancy.

Get a Quote

When you are looking for health care when you are pregnant, you will have a lot on your mind. At Don Allred Insurance, we want Burlington, NC mothers-to-be to have the coverage they need while they are taking care of a baby on the way.  Call us for a quote today.

Generally speaking, it is a good idea to invest in a life insurance policy. However, only a little over half of Americans have one. If you are on the fence about getting life insurance, Don Allred Insurance wants to share some of the benefits of life insurance.

You Can Financially Support Your Loved Ones

Did you know that 40 percent of households in the United States (including Burlington, NC) who don’t have life insurance will struggle to pay for living expenses if the primary wage-earner passes away? By investing in a life insurance policy, you and the rest of your family can rest easy knowing that everyone is taken care of from a financial standpoint if something happens. This means daily living expenses, mortgage payments, college tuition, etc.

You Can Pay for Final Expenses

Did you know that the average funeral and burial runs around $7,500? That’s a lot, especially if your family is already struggling financially. Life insurance can cover those expenses.

Life Insurance Payouts Are Tax-Free

When it comes to tax considerations, the money received from life insurance is not considered income. Therefore, your family will receive the money they need and not have to worry about paying taxes on it down the road.

You Won’t Leave Debt Behind

While your estate will usually cover most of your debts, there are some exceptions to the rule. For example, if you and your spouse share a credit card account, your spouse will be responsible for that account’s balance upon your passing. The same is true with a co-signed loan. With life insurance, those debts can be handled.

If you are interested in learning more about life insurance and how it can benefit you, contact one of our agents. Serving Burlington, NC, Don Allred Insurance is ready to help you figure out the best life insurance policy and amount based on your unique situation.

Do you know who should consider essential benefits? There are a number of reasons why anyone should consider essential benefits. Also, each benefit in North Carolina has been chosen to help you to receive better health care. If you have any questions about how essential benefits work, please contact Don Allred Insurance.

With these aspects in mind, Let’s read further to understand what essential benefits are, and why you should consider them.

Consider The Benefits

There is an assortment of benefits that are considered to be keenly essential when you purchase your health insurance plan. Have you thought about some of these aspects that may be included in an insurance plan?  You may want to consider:

• Out-patient ambulatory care
• Hospitalizations care (in-patient)
• Prenatal care
• Postnatal care
• Maternity care
• Mental Health
• Services for (Substance-abuse-disorder)
• Coverage for prescriptions
• Pediatric care and services
• Health laboratory service
• Wellness care and services
• Preventative care and services
• Emergency care and services

Health Insurance in NC

There are many reasons to get the right health insurance plan for your needs in Burlington NC.

Additionally, essential benefits are there to help cover many of the health costs that you may encounter. The essential benefits may help to lower your health costs.

Who Should Consider EB

With all of this information in mind, who should consider essential benefits? Anyone who is considering health insurance should be aware of the essential benefits that are offered in Burlington, NC.

Also, this includes an array of employed and unemployed individuals in different industries. Additionally, a wide range of self-employed individuals and business owners should consider the essential benefits. If you have any questions about essential benefits contact Don Allred Insurance.

Life Insurance as an Investment Tool

You can use life insurance as a way to save and invest for the future by choosing a cash-value account life insurance policy. Don Allred Insurance serving Burlington, NC can help you set up a life insurance policy that helps you build wealth while protecting your future and providing a death benefit to your beneficiaries in the event of your demise.

In some ways, a cash value account life insurance policy works just like a typical whole life policy. You pay premiums each month or quarterly and that funds your death benefit. You name a beneficiary or beneficiaries who receive payment of a lump sum named in the policy upon your death.

The difference is that you pay a slightly larger premium, and the overage gets deposited into a savings account – the cash value. This savings account amasses value either as a typical savings account, a money market savings account, or an investment account. Some of these accounts provide a guaranteed return, such as those linked to an investment account. This reduces the volatility of the potential losses.

Those that function as a savings or money market account typically use an interest rate between two and five percent. While this doesn’t provide a high yield in the sense of a high-performing stock, it does provide a guaranteed rate of return. The savings account interest applied to these cash value accounts also typically exceeds that of a regular savings account.

The other advantage of these accounts is that you can typically pay into them tax-free. You pay in pre-tax from your paycheck, then when your beneficiaries receive the death benefit, they only pay taxes on it if your estate exceeds a specific amount.

Contact Don Allred Insurance serving Burlington, NC to learn more about the many ways life insurance with a cash value account can help you plan for your future. Call us today!

Preventive care might not be a phrase that you are familiar with, but Don Allred Insurance serving Burlington, NC wants to tell you why preventive care is so important to your health.

Preventive care benefits are offered as a part of all health insurance policies. Preventive care ranges from something as simple as your annual physical with your primary care physician to specialized tests that are completed to make sure you haven’t begun to develop serious health issues.

Taking part in the preventive care services offered by your health insurance can literally save your life. Preventive care tests for high blood pressure, diabetes and a variety of different cancers are part of your benefits. Additionally, many vaccinations are available through your preventive care benefits. Participating in these annual tests and screenings is vital to monitor your health and wellness and will give you and your physician the opportunity to treat any health issues as soon as they begin to develop.

For certain conditions, such as cancer, early detection and treatment can literally be the difference between beating the disease and succumbing to it, so taking part in any and all annual cancer screenings that your health insurance offers is essential. Screenings for your A1C blood sugar levels can vastly lower the complications that can arise from uncontrolled diabetes. Having your blood pressure and cholesterol levels checked routinely can also help your physician determine if you are at risk for heart disease, which is often considered a silent killer.  

Take full advantage of your health insurance benefits and be an advocate for your own health by taking full advantage of your preventive care benefits.

Contact the team at Don Allred Insurance serving Burlington, NC today to learn more about health insurance and preventive care!

When you need life insurance, and most people do, it’s important to know what you are paying into and how it will work. Whole life insurance works very differently from term life insurance. If you are interested in whole life, call us at Don Allred Insurance in Burlington, NC right away to find out more. 

Whole Life

One way that whole life insurance stands out from other life insurance policies is that it is good for your whole life. Just as the name suggests, it will cover you for the rest of your life as long as you stay up to date with your monthly premium payments. If you keep paying for your policy, it can’t be cancelled- not even by the insurance company. This gives you peace of mind for life. 

Cash Value

Another factor that distinguishes whole life insurance is that your policy will build a cash value. As you pay your monthly premiums, over time the amount that you pay in starts to build up a value within the policy. This is a cash value that you can borrow against when you need to. If you have a major financial problem, you can borrow some of that cash value and pay it back later just as you would with any loan. This can be extremely useful if a sudden financial problem comes up. 

Death Benefit

The death benefit of your policy is guaranteed. If you have borrowed against the cash value of your policy, and you don’t finish paying it back, the amount that you owe is simply deducted from the death benefit amount. 

Get Whole Life

If you like the idea of being covered for life, you may be a good candidate for a whole life policy. If you’re interested in getting one, call us at Don Allred Insurance in Burlington, NC.