Whole life insurance promises lifelong financial security with a guaranteed payout – but at what cost and with what benefits? This coverage persists beyond the limits of term life insurance and includes a cash value accumulation that can be used while you’re still alive. How does it stack against other policies, and what does it mean for your financial planning? Our comprehensive guide cuts through the complexity to help you understand whole life insurance and whether it fits into your life’s financial tapestry.  Key Takeaways Whole life insurance provides lifetime coverage, a guarante ..read more

What exactly is term life insurance, and how does it fit into your long-term financial planning? Term life insurance is designed to provide your beneficiaries with financial security for a specified duration, typically ranging from 10 to 30 years.  It’s straightforward and cost-effective, often considered a temporary but essential part of a well-rounded financial plan. In this article, we’ll explore the specifics of term lengths, premium costs, and policy comparisons to help you decide if term life insurance aligns with your financial goals.  Key Takeaways Term life insurance offers ..read more

If you’re considering universal life policy, you’re looking at an option that offers more than just the security of a death benefit. It’s permanent life insurance that brings a cash value account and the flexibility to adjust premium payments to suit your financial situation. But, with flexibility comes complexity. How do you navigate the adjustable premiums, and what are the real costs involved? This article cuts through the complexity, providing clear insights on universal life without overwhelming details or sales pressure.  Key Takeaways Universal life insurance is a flexible, perm ..read more

For small businesses that are having some challenges with human resources (HR) functions , a professional employer organization (PEO) may be a solution worth considering. PEOs act as outsourced HR teams. They can manage administrative tasks like: Benefits Payroll  Workers compensation Employee training In some cases, a PEO can improve efficiency and make financial sense for small businesses. In others, you could save money handling these tasks in-house or by working with a more specialized partner, especially for group health insurance administration.  In this guide, learn more ..read more

Every year, you typically have the opportunity to choose to renew your existing health insurance plan, or make changes and enroll in something new. At AZ Health Insurance Brokers, we help people sign up for all types of insurance, including group business health insurance for their employees, individual health insurance and family health insurance . From working with self-employed individuals and individuals who want better insurance plans for their families, to consulting business owners on options to consider for their workforces, our decades of experience serving diverse groups have sho ..read more

In the U.S., having health insurance is essential to avoid high out-of-pocket costs for medical treatment. According to the Kaiser Family Foundation , some reasons to get health insurance include: Uninsured patients are typically charged up to 4 times for hospital service, compared to what health insurers and public programs actually pay. One-third of uninsured adults are asked to pay for the full cost of medical care before they can see a doctor, which typically results in credit card charges, negotiating payment schedules and/or having to source cash to cover the charges. Otherwise, patie ..read more

Health insurance in Arizona is essential , in case you get in an accident, need emergency treatment or want to take proactive steps to protect your health. According to KFF , uninsured patients were charged up to 4x what health insurers and public programs actually pay for hospital services. At least one-third of uninsured people must pay for full medical costs up-front before they can even see a doctor. When you’re in need of life-saving services, not having the funds to pay for treatment can be debilitating. Health insurance helps protect you for whatever comes your and your family’s way ..read more

Life insurance is an essential policy for most individuals and families. But with lots of different options to consider, selecting a policy can be challenging.   According to a recent study by IBM , 46% of Millennials were confused about life insurance policy specifics. There’s also the question of whether or not you need life insurance at all, especially if you don’t have dependents. Whether you’re married with children, or you’re single and independent, life insurance can help financially protect your loved ones when you pass on. Expenses like funeral costs and outstanding debts ca ..read more

When you live life without health insurance, you risk high costs when medical issues arise. According to the U.S. federal government, the average cost of various types of medical care include: $7,500 to fix a broken leg $30,000 for a 3-day hospital stay $100,000+ for comprehensive cancer care If you don’t currently have health insurance coverage, or you’re wondering about other options, it’s helpful to understand what’s available. That way, you can make a cost-effective decision that works for your finances and ensures you have the health insurance coverage you need.  Let’s explore ..read more

Group Health Insurance Options & Alternatives Health insurance coverage continues to be a top sought-out benefit for employees in the U.S. According to a February 2023 survey by Forbes Advisor , the number one benefit employees want from employers is “employer-covered healthcare,” cited by 67% of employees, followed by life insurance . Healthcare coverage is so important to workers, 40% of employers believe workers leave their jobs to find a role that offers better employee benefits. By offering healthcare to employees, you can increase retention and improve your recruitment efforts. Wh ..read more