Navigation Links
Big Cuts in Family Budgets Usually Means Insurance Gets the Ax
Date:7/9/2009

With many struggling in the current economy, families are making big cuts to their budgets. Typically the first large expense to go is car insurance, medical insurance or, most commonly - life insurance. Insure-Net.com urges families to look at other options rather than dropping coverage and offers these money saving tips.

Minneapolis, Minn. (Vocus) July 9, 2009 -- The current economic climate is worrisome to many families. Often the first major expense to be cut when reevaluating the family budget are various types of insurance, such as medical insurance, car insurance, and most commonly - life insurance. Insure-Net.com urges families to look at changing coverage to make it more affordable rather than dropping car, life or medical insurance all together.

Life insurance can often be confusing, but with the right tools, finding affordable life insurance quotes can be made easy. Insure-Net.com offers a quick and easy way to find life insurance quotes and offers information so people can better understand plans, with articles such as the life insurance primer.

The fastest and simplest way to save on insurance is to shop around to compare plans and rates. When considering life insurance, Insure-Net offers these money saving tips to bring costs down and make it more affordable in a tight budget.

First, consider switching to modal payments. Modal payments are a quick and easy change. If paying life insurance rates annually, families can simply call their insurance agent and switch their payment schedule to semi-annually, quarterly, or even monthly. This change does not take sifting through policies and making big decisions. Plus, having a smaller amount to pay more often rather than one lump sum is usually easier to manage.

While the insurance agent is on the phone, ask about reducing the term length. Typically, the longer the term the better; however, when money is tight it is better than dropping coverage all together. Usually a shorter term will mean lower premiums but will maintain the same death benefit protection. Be sure to get qualified for a new plan and note whether health has changed.

In addition to reducing the term length on a life insurance policy, ask about reducing the death benefit. While it is not always the best solution, it will make the plan more affordable and is better than dropping coverage completely. This should be the first item to reevaluate once the family financial situation improves to ensure the family is adequately protected.

About Insure-Net.com:
Insure-Net.com is committed to helping families find the most complete insurance coverage at the lowest possible rate. Insurance shoppers can save by obtaining and comparing car, home, medical and life insurance quotes from our nationwide network of insurance agents. For further savings, we offer articles with money saving tips on all types of insurance, such as car, home, life and medical insurance.

Contact: Marlene Brown
Public Relations Specialist
612-385-1331

###

Read the full story at http://www.prweb.com/releases/insurance/medical_insurance/prweb2623444.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. NIH Stem Cell Guidelines Ethically Irresponsible, Scientifically Unworthy, Useless to Patients, Says Family Research Council
2. Family History Key to Psychiatric Disorder Risk
3. SIRIUS XMs Doctor Radio to Air July 4th Family Special 24 Hours About Our Kids: Why Kids Behave the Way They Do
4. A Random Act of Kindness Changes a Familys Life Forever as Alexzander Prados Wish to Walk is Granted at Abilities Expo
5. American Board of Family Medicine Obstetrics Formed
6. American Heart Association Extends Sympathy to Family of Singer Michael Jackson
7. UN Gathering of Global Experts to Address Current Crisis in Family Planning
8. Lightspeed Releases the New DepthQ(R) Family of Stereoscopic HD Video Software
9. FamilyCord Joins as Cord Blood Sponsor for WBLIs Dana DiDonatos Baby Shower
10. Radiation Rescue: 4 Steps to Safeguard Your Family from the Other Inconvenient Truth - The Health Hazards of Wireless Technology
11. Surging Internet Use Cutting Into Family Time
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... Pittsburgh, PA (PRWEB) , ... May 26, 2016 ... ... transplantation, and one that has a significant negative impact on long-term patient survival, ... to date. The results, published online this week in the Journal of Thoracic ...
(Date:5/26/2016)... ... May 26, 2016 , ... ... solutions for drugs, biologics, consumer health and global clinical supply services, today announced ... to support the company’s continued investment and strategic growth plans in the Asia ...
(Date:5/26/2016)... ... May 26, 2016 , ... In an effort to provide hair restoration information to the ... users and those who do not use the app. Dr. Mohebi, the founder of Parsa ... Dr. Mohebi Live . , Dr. Mohebi says, “The positive response to the Snapchat ...
(Date:5/26/2016)... ... 26, 2016 , ... Eating Recovery Center, Washington ... a brand new child and adolescent residential treatment center on June 1. The ... more specialized eating disorder treatment and access to life-saving care. , To celebrate, ...
(Date:5/26/2016)... ... May 26, 2016 , ... Nike Yoga Camps at ... daily practices, arts & crafts, discussions, and games all geared towards enhancing your ... have combined backgrounds in kids’ yoga, collegiate sport yoga instruction, and global yoga ...
Breaking Medicine News(10 mins):
(Date:5/26/2016)... TARE (Transarterial Radio-embolization) Using ... and Overall Decreased Use of Hospital Resource ... specialist healthcare company, has today announced the publication ... of ISPOR (International Society for Pharmacoeconomics and Outcomes ... using yttrium-90 glass microspheres is associated with cost ...
(Date:5/26/2016)... , May 26, 2016 Since ... matured into an essential life science tool for conducting ... applications. BCC Research reveals in its new report that ... growth phase, one powered by a range of new ...      (Logo: http://photos.prnewswire.com/prnh/20140723/694805 ) , ...
(Date:5/25/2016)... May 25, 2016 According to ... Type (3D, 2D, 4D), by Therapeutic Area (Oncology, Cosmeceutical/Plastic ... User (Medical Device Manufacturers, Hospitals/ Clinics) - Forecast to ... Medical Animation Market for the forecast period of 2016 ... 301.3 Million by 2021 from USD 117.3 Million in ...
Breaking Medicine Technology: