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. 

Health insurance has many benefits. However, some of the benefits of acquiring health insurance aren’t always obvious. This is why it helps to speak with an agent to learn the benefits of health insurance, even if you’re a healthy young person. The team at Don Allred Insurance of Burlington, NC understands that many people have questions about health insurance and we’re here to educate North Carolina residents on the benefits of health insurance for everyone. 

I’m Young…

Many young people don’t see the benefit of health insurance. This is understandable because many of the benefits of health insurance aren’t readily apparent. In fact, it takes developing a fundamental understanding of how health insurance works to understand why it’s a good investment as a young person. For starters, many young people don’t understand the financial benefit of locking in health insurance coverage while you’re young and healthy. If you purchase health insurance as a young person, the cost of your insurance may be considerably less than trying to acquire insurance as an older person who may have pre-existing conditions. 

Life’s Seasons…

Many of us will go on to marry and have a family. For most of us, the out-of-pocket cost of handling doctor visits and emergency room visits would prove to be too much, especially if we have a family. Insurance helps us to manage those costs and also provides peace of mind in the event of some kind of unforeseen medical condition. 

As We Age…

As we get older, many of us may face unforeseen health issues that we don’t or didn’t see coming. Health insurance helps us to manage these unforeseen health issues, as well as meet our basic healthcare needs. Even if we are healthy, we still need the benefit of affordable preventative healthcare that allows us to routinely see a doctor if we need to. Our team at Don Allred Insurance is committed to educating North Carolina residents on the benefits of health insurance at every age. Give us a call. We’re here to help. 

There is never a bad time to buy life insurance in North Carolina, but there are often better times to buy it. You don’t want to buy it just when you become ill, or when a financial crisis is on the horizon. You want to buy life insurance to prepare you for those times. 

At Don Allred Insurance, we want Burlington, NC residents to be ready for any life problem, regardless of what kind of life insurance you are looking for. It’s never too late to buy it, and there may be things going on in your life now that have you thinking about it.

Major Life Changes

When your life reaches a turning point that is celebratory, you are often going to start thinking seriously about your financial future. When you get married, have or adopt a child, or buy a new home, these are all common times people start thinking about life insurance.

Life insurance can cover a number of things in addition to death benefits and funeral expenses. It can cover basic needs for your family, pay off a mortgage, help you create a nest egg, or even pay property taxes. 

When you undergo these life changes is the best time to get life insurance. When you are younger and healthy, term life insurance is often the most appropriate life insurance that you need, unless you can afford to begin investing in your policy.

When to Buy Permanent Life Insurance

The best time to buy permanent life insurance or whole life insurance is when you can afford it. This kind of life insurance is an investment that serves as an asset almost as soon as you start to pay into it.

It offers a cash value that can be used to borrow against, or pay you in dividends after you have kept the policy up to date for some time.

It is a little more expensive than term life insurance for that reason, and worth it if you have the room in your budget.

Buy Life Insurance Today

At Don Allred Insurance we don’t want Burlington, NC to wait to buy life insurance until it’s too late. You’ll need a medical, and some underwriting if you are buying a policy with over $100,000 coverage.