From health coverage to life insurance, securing the right benefits is an important decision for you and your family. Our advisors at TCI Insurance are here to help walk you through the options and decide what coverage will best suit your current needs.
Health insurance has undergone a lot of changes under the new Health Care Reform. Whether you’re an individual looking for coverage or a business in need of a group health plan, TCI Insurance can help find the plan that is right for you.
Employer sponsored insurance coverage for businesses and their employees
Group discount offered by insurers
Great benefit to offer employees
Advantageous for tax purposes as employers receive a tax deduction for offering coverage to employees
Ongoing information regarding health care legislation and compliance
Individual health plans are available during open enrollment, or if you have experienced a qualifying life event and are eligible for a special enrollment period
We can help you determine eligibility and provide you with individual health insurance quotes for flexible, affordable healthcare
We can also help you apply through the Health Insurance Marketplace during open enrollment
Short Term Medical
If you have a gap in coverage and are not eligibile for a special enrollment period, a short-term medical plan can help protect you and your family from medical bills that result from unexpected illnesses or accidents
This temporary coverage can last from 30 days to 180 days, and is available throughout the year — even outside open enrollment periods
If you are age 65 or older and have been a U.S. resident for at least 5 consecutive years, you qualify for Medicare health coverage
Young people with certain disabilities may also qualify
Medicare may have some coverage gaps, leaving you responsible for expensive health care costs
Medicare supplement policies can help cover out-of-pocket expenses like copays, extended hospital stays, and prescription drugs
At TCI, we can help you find a dental insurance plan or vision insurance that offers you the protection you need, reducing your out of pocket expenses. Dental and vision coverage is available from the companies we work with for individuals, families and groups. We would be happy to provide you with quotes.
Life Insurance is an important decision for you and your family, meant to provide peace of mind, knowing that your loved ones will not face financial burden as a result of your death. The type and amount of coverage that you’ll need depends on your current situation. Our insurance advisors at TCI are here to help walk you through the options and decide what type and how much coverage is best for you and your family.
Term Life Insurance
Term life covers the insured person for a certain period of time, the “term” that is specified in the policy. It pays a benefit to a designated beneficiary only when the insured dies within that specified period. Term life policies are renewable, but premiums increase with age. This type of coverage might be preferred by someone who only wishes to have coverage until their children graduate or until a debt is paid off, like a mortgage.
Permanent Life Insurance
Permanent life provides lifelong protection as long as the premiums are paid. These policies are designed and priced to be kept over a long period of time and have the ability to accumulate cash value on a tax-deferred basis. This type of coverage might be preferred by someone who wants to provide financial security for their children or grandchildren regardless of their status in life, or a spouse who could potentially live years past the death of the insured. Examples of permanent life policies include: Whole Life Universal Life Final Expense
Here at TCI, we understand the importance of preparing for unexpected and often uncontrolled circumstances, like a disability. Disability insurance protects the beneficiary’s earned income against the risk that a disability will cause them to be unable to perform core functions of their work. It includes paid sick leave, short-term disability benefits, and long-term disability benefits.
While your employer may cover you with some form of company-paid disability insurance, often coverage is only partial and/or short-term. Purchasing a personal disability policy can help you cover any financial gaps that you may have with the added bonus that these benefits are paid to you and are not taxed.
Contact the team at TCI for more information on disability protection.
There are times when additional coverage is needed that goes beyond your health or disability insurance. Health insurance or Medicare will only pay for doctor and hospital bills. If you develop a chronic illness or become disabled and are unable to care for yourself for an extended period of time, you’ll need long-term care services, which come at a steep cost. Find out how you can protect yourself and your loved ones with long term care insurance by getting a quote from TCI today.
An annuity can be a valuable addition to your overall retirement strategy because it offers tax-deferred growth while you’re saving for retirement, and dependable income after you retire. There are several types of annuities to choose from:
Fixed annuities provide steady, or “fixed,” interest for a specified period of time.
Fixed index annuities offer potential interest based on positive changes in an external index, but without actually participating in the market.
Variable annuities give you the possibility of greater potential returns based on the variable investment options you choose, but they will experience market ups and downs – so you could lose money, including principal.
Index variable annuities allow you to participate in market gains – with a level of protection against market drops.
Our TCI insurance agents can help you determine which annuity may make sense for your individual situation.