In Sickness and In Health
Nobody can predict the future, or what their health needs may be down the road. Let us guide you through your individual options. We here for you in sickness and in health. Health insurance is one of the most important coverages to consider for both you and your family.
Why do I need health insurance?
Although many employers offer health insurance to their employees, not all can afford to do so. There are many reasons why a person may need to seek out their own policy. For example, healthcare costs continue to rise and serious illness or injury could financially bankrupt you if you do not have a good insurance plan. Insurance coverage provides financial protection for you and your family when you need it most. That's where General Insurance Services comes in.
Long-Term Care Insurance
When you're young, you can bounce back from a minor injury. But for older people, a single fall could be catastrophic. Are you prepared to pay for long-term healthcare after you've retired? Even if you've saved money, is it enough to pay for expensive nursing or rehabilitation care?
Long-term health insurance can help. It provides coverage for elder care – whether at home (at a lesser rate) or in a licensed facility – allowing you to preserve your estate for your heirs. It's important to plan today for the older you.
Why is long-term care insurance important?
Many healthy people eventually become frail toward the end of their lives and need care. The cause could be a physical impairment, which can be managed by medication or therapy, but cannot be cured. Or it could be a cognitive impairment, making it difficult if not impossible for you to safely interact with your environment.
Any situation can require custodial care, the cost of which could have serious consequences to your family, including your finances and retirement portfolio. These services can be most efficiently paid for with long-term care insurance coverage, to avoid depleting your savings and investments and alleviate the stress and anxiety for family caregivers. We can show you the options so you can make an informed decision of what is best for you and your family.
Accidents happen. Some are only minor, but others may impact you for a long time or a lifetime. Make sure you're covered through a disability plan from General Insurance Services.
How will this coverage help if I'm injured?
If you're like most people, you depend on your paycheck to pay your monthly living expenses. But what would happen if you had a disabling accident or illness and could not work? Make a plan for income replacement. A disability income policy can help keep you financially stable during difficult times by paying a monthly income amount directly to you, when you are sick or hurt and unable to work.
There are two types of disability policies: Short-Term Disability (STD) and Long-Term Disability (LTD):
- Short-Term Disability policies (STD) have a waiting period of 0 to 14 days with a maximum benefit period of no longer than two years.
- Long-Term Disability policies (LTD) have a waiting period of several weeks to several months with a maximum benefit period ranging from a few years to the rest of your life.
Medicare Supplement Insurance
You've worked hard your entire lifetime. You've paid 1.45 percent of your earnings into FICA – Federal Insurance Contributions Act – which goes to pay Medicare. Your employer has paid another 1.45 percent for your portion. Yet that may not be enough.
What does Medicare cover?
Medicare is one of the most important programs available to senior citizens. But, Medicare does not pay for everything. For example, coverage for certain tests and procedures depends on where you live. And for many people, what Medicare does not cover can cause a severe strain on retirement finances. That's why it's important for you to have a trusted advisor like General Insurance Services.
How does supplemental insurance help?
Medicare supplement insurance is designed to cover the gaps in Medicare, helping to pay many of the expenses Medicare does not pay. When combined with Medicare, Medicare supplement insurance provides a high level of health insurance protection. And at General Insurance Services, we give you the flexibility to choose between different plans to meet your individual needs and budget.
Individual Major Medical Insurance
If you're single with no dependents, an individual health plan may be the perfect choice for you. Trust us to compare our providers and select coverage that's tailored for your needs.
How can General Insurance Services help me?
Whether you're looking for a comprehensive insurance plan, one that provides basic coverage, or something in between, we have a plan for you. You can choose from one of our several plan options designed specifically for individuals. We offer varying deductibles, coinsurance, and copayments – the higher these amounts, the less you pay in premiums.
Coverage Without Boundaries
We know that the reasons to travel abroad are many and varied - that's why our products are too.