Ask me Life Insurance Questions!

Ask insurance questions on this website to get answers to questions about a variety of topics, such as how to buy life insurance online and get a good insurance quote. Question and answer formats are good for insurance because they make sure that you get the answers that you need when you need them and they can be a lot more precise than just regular old posts.

But what are the types of insurance questions that you should ask? I will give you some suggested topics, and you should make sure to email me at the appropriate address or reply in one of the comments.

Life insurance questions

I really like life insurance quesitons since I already write about life insurance a lot and therefore more posts about it will help me become an AdSense advertiser. I will need to work my way up to $100 before I can withdraw from AdSense, but my hope is that I will eventually be able to use this page to generate some extra money so that I can make money online. Questiond about life insurance help me do that a lot more than questions about other types of insurance.

Getting cheap insurance

With insurance, you usually get what you pay for but cheap insurance is a lot better than going without insurance. That is why when you are buying insurance you need to make sure that you get a good deal on the insurance that you are buying. Read all of the fine print, the small words at the bottom of the page! These often include "hidden clauses" like yearly caps. Some of the really bad insurance plans cap what they pay you to as little as $1000 per year, even though you're paying $40/month in premiums!

Car insurance questions

Car insurance is something that everybody should have. Due to the complex legal framework and other issues regarding life insurance, it is critical that you know a lot about car insurance and thus ask me questions about it. I am an expert in auto and car insurance so I can answer a lot of the questions that you might have about it. If you wish to ask me a question, leave a comment on this blog or email me. My email address is in my bio and I have changed it to make sure that you are not a robot.

Why is car insurance so expensive?

Compared to other types of insurance, it may seem that expensive car insurance is very expensive. This is because it is mandated by law (or else only the rich would be able to drive) so there is a huge market for it. Furthermore, people use their cars for work, so if they forego paying their health insurance for a few months (which is a really bad idea) they think they can save money (but they won't because they'll have a gap in coverage). On the other hand, if they let their car insurance laspe then there can be a legal penalty if they get caught driving without it or if they get in an accident. In most states, police officers check someone's car insurance on each traffic stop so it is only matter of time before someone without insurance gets caught.

Can I get by without insurance?

I woke up this Sunday morning to a cheap insurance email from a young lady from Palm Springs, California with the following question:


I'm 22 and I can afford health insurance (my company provides a subsidy) but if I buy it I will not have money for much else. I don't have any health problems. What should I do?

Well, in theory you have two options: Buy insurance or do not but insurance. You can also buy cheaper insurance than what you currently have and you will be covered less but you will be more at risk for serious injury. Often they have higher co-pays as well and very low maximum yearly benefit caps, so cheap dental insurance might only get you coverage for one or two teeth getting drilled. Let's weigh the pros of each possibility:

Buy insurance

Buying a good insurance plan and spending a lot of money on it is usually the best course of action when deciding whether or not to be covered, and it is good for a plethora of reasons.

You are more healthy and have a higher quality of life

Simply put, people in countries with single payer healthcare are more healthy than people in countries with more primitive, insurance based systems. They are more healthy because they go to the doctor more, even in countries where people also have poor diets like us Americans.

Because you are more healthy, you save money on healthcare costs (just like with car insurance in the long term

It is a lot cheaper to remain healthy than it is to get sick and get cured. Let's take cancer, for example. If you go to the doctor and get a cancerous skin growth removed, it might cost you $50. But if you let it become full blown cancer then you will have to go back in a dfew years and spend thousands on expensive radiation therapy.

You have piece of mind knowing that you will be covered if you get sick

If you have a good insurance plan then you do not have to worry about paying for it if you get sick as long as you select a good insurance company and do not have gaps in your insurance coverage. Plus, not being worriful has positive health effects since worry puts strain on your heart, among other things.

Don't buy insurance

There are, however, a few times when it is probably best to not buy insurance.

For example, let us say that buying insurance for your car will make it so that you cannot buy good health insurance. If you have kids or you or a loved one is sick then it is probably best to buy health insurance and avoid driving if possible.

Cheap insurance: You save money in the short term

A cheap insurance plan will help you save more money in the short term than getting no insurance plan and being uninsured, even though the cheap plan will not give you as good of coverage as the more expensive insurance plan. Because of this, instead of becoming full uninsured, you should instead just downsize yoour insurance plan so that it costs you and your family less money.

So, now we have the pros and cons of buying health insurance. Although some people are too destitute to buy it, when it is your choice you should really almost always buy it as long as you have enough money.

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