How to pick a health savings account
A Health Savings Account can help you cover out-of-pocket healthcare costs if you have a high-deductible plan. Learn how to choose the best HSA for your needs.
Insurance
Life insurance: What it is and why you need it
Before you purchase life insurance, here’s what you need to know, including what policies are available, how premiums are calculated, how claims work, and where to shop for life insurance policies.
Benefits of buying life insurance at a young age
The younger you are, the cheaper life insurance premiums will be. Buying life insurance young can save you bundles over your lifetime.
Should you buy travel insurance? It depends
I have never bought travel insurance in my life — and I’ve still received thousands of dollars in compensation when things have gone awry during my travels. How? Credit card travel insurance.
Disability insurance gives you an income if you can’t work because you’re hurt or sick
If a medical condition prevents you from working, disability insurance can come in handy. Learn what it covers, how much it costs, and where you can get it.
Renter’s liability insurance will protect you if someone sues you, and more
Personal liability renters insurance is a valuable policy for any renter to have. Learn what it covers, how much it costs, and how to choose the right amount of coverage.
Understanding your health insurance
A premium is what you pay to maintain coverage; deductible is the amount you pay for treatment before the insurance company covers remaining expenses; copay is for routine medical services; and out-of-pocket maximum limits the total amount you pay each year for health care.
How to choose health insurance
When choosing health insurance you need to: 1. Decide whether to buy through your employer or state’s Marketplace. 2. Compare the plans available to you. 3. Consider the out-of-pocket costs associated with your shortlist of plans.
How does marijuana use affect life insurance eligibility and rates?
Marijuana use will not automatically exclude you from buying life insurance, but policies vary widely by company. Here’s what to know about how recreational or medical cannabis use affects your ability to get life insurance.