4 Ways to Find Insurance Plans That Work for You After Your Retirement

Now that you're approaching your retirement, you find yourself making many plans for your financial future regarding Social Security and other areas. 

However, you should not forget to take a closer look at insurance plans as well. By doing so, you can protect not only your health, but also your home, family, and many other important aspects of your life. 

If you are now looking for insurance plans that will work for you after you retire, here are four things to consider.

Travel Insurance

Considered the number one goal of most retirees, traveling the nation and perhaps the world may be one of your highest priorities. If it is, consider investing in travel insurance. 

Along with providing coverage for any medical or emergency treatment you may need while traveling, it will also cover cancellations, delays, and other circumstances.

Lifetime Annuity

While you will hopefully receive a Social Security check each month after you retire, chances are it won't begin to meet your expenses. To make sure you don't run out of money, you may want to purchase a lifetime annuity. 

Able to be bought from an insurance broker, it allows you to pay a certain premium in exchange for getting a predetermined amount of guaranteed income for the rest of your life.

Combination Life Insurance

If you want to have both traditional life insurance coverage and also have the security of long-term care insurance, it might be a good idea to invest in what is called a combination life insurance policy. 

Though generally more expensive than traditional life insurance policies, they usually provide many benefits that may become important as you age. Since most seniors spend well over $100,000 on long-term care after retirement, keep this option in mind when speaking to your insurance agent.

Supplemental Medicare Insurance

As you know, Medicare does not pay all of your medical expenses. Since you will still need to pay 20% of your medical expenses after Medicare pays its share, this can add up to thousands of dollars very quickly. 

If you want to avoid this problem after you retire, it is best to purchase a supplemental Medicare insurance policy from your insurance company. 

While this can reduce your costs to almost nothing, it can be very confusing figuring out which policy is best for you, which is why you should turn to an experienced insurance professional you can trust.

By choosing to be proactive prior to your retirement and getting these and other types of insurance in place, you can make your golden years more enjoyable than you ever imagined.

How to Make Sure You Always Have Health Insurance During Any Life Event

Each year, there is always a time where you qualify to enroll for health insurance coverage through one of the following ways:

• Through your employer

• The federal or state government insurance brokers

• Directly through insurance brokers

For most states, the open enrollment for a cover runs between 1st November through to 15th December. At this duration, you can enroll for a new plan or change your existing plan.

There are, however, special enrollment periods that enable you to enroll for a cover outside the open periods. These include the following:

Marriage or Divorce

In case you get married or are going through a divorce, you always have two options. The first option is getting a new insurance cover, and the second option is changing the current cover, where you can make changes to your marital status. In the case of getting married, you can opt to include your spouse on your insurance cover.

Getting a Baby or Adopting One

For childbirth and adoption, it is necessary to have your growing family in your cover. The options available are either getting a new cover that can include the whole family or adding your child to the existing cover.

Moving to New Neighborhoods

Some health plans usually have a geographical limitation. To always stay covered, talk to your agents and find out whether the new location is covered. In case of a non-covered area, get a new plan.

Loss of Parental Coverage

When children are 26 years of age, they can no longer be under their parents' plan. This means they should enroll for their plan after their 26th birthday. Once your kids come of age, encourage them to start searching for a viable insurance plan.

Loss of a Job-Based Cover

It is possible to lose a job-based cover, especially in the event of loss of work or contract termination. In this situation, you qualify to get insurance at any time of the year.

Gaining American Citizenship

After acquiring a lawful presence, you stand a chance of enrolling for a cover at any time of the year, including during the special enrollment period. You will not have to wait for the open enrollment period.

The above situations are qualifying events. Through these events, you can either acquire a new cover or make changes to your existing plan. This will make sure you and your family are always covered. No life changing event should leave you vulnerable and uncovered.

Knowing Aflac and the Insurance Plans Covered - Auto, Disability Insurance and Health Care

There is virtually no way to avoid being bombarded by commercials and advertising aimed at selling you the latest and greatest car, truck or SUV. Whether you choose what you drive for “status” or if it is merely a transportation necessity, the automobile is a part of daily life in North America.

And for every automobile ad you see or hear, there is likely to be an auto insurance ad nearby. After all, if you have a car, there is a very good chance that you have car insurance. But do you have enough? And do you have the right insurance? Far too often we discover the deficiencies in our insurance coverage after it is too late.

For a family living on a fixed budget, with little or no savings, a major automobile accident can be a significant setback. Even if your auto insurance covers damages to property and your liabilities, there are often collateral expenses that are not covered and can be a significant financial burden. 

Fortunately, Aflac, an insurance carrier, has an insurance product which helps policyholders in time of need when their primary auto insurance is not enough. Aflac car insurance, however, is not your typical auto insurance policy, which can create confusion for those trying to understand exactly what insurance options they have with Aflac.

To help you better understand, Aflac is a known as a supplemental insurance company, meaning, Aflac covers what typical insurance coverage exempts. These exemptions might include lost wages. 

Therefore, the Aflac auto insurance policy, supplements disability insurance policies. As such, an Aflac auto policy may only be purchased as an addition to insurance from a typical carrier. Such a safeguard may be a wise investment for those unforeseen extra liabilities that you may encounter after an accident.

Understanding Aflac Car Insurance

Vehicular accidents are unpredictable and sometimes fatal. The bills that come thereafter can be financially crippling, affecting your family’s economic stability. You may require time off work to recover, during which you still need to pay your bills. 

In the long run, if not well prepared, the stress of juggling between paying hospital bills and meeting your family’s everyday needs can make your present and future financial stability. In extreme circumstances, bankruptcy may be the end result.

To help reduce that stress and burden, Aflac provides a lifeline by providing disability insurance policies, including an auto insurance supplement - that is why there is no Aflac auto insurance, per say. 

The Aflac car insurance policy is like an insurance for your insurance. It kicks in when the policyholder is incapacitated after an accident and unable to return to work in a timely manner. The Aflac policy provides additional financial resources to keep the bills paid and the bank account balanced when income stops as a result of an accident.




Aflac has become a globally popular supplemental insurance provider and there are several reasons customers are finding Aflac auto insurance worth the investment.

To start with, several Aflac car insurance plans include rider insurance

A rider insurance option comes in handy as it addresses any extra medical costs resulting from the accident and gives the victims a recurring income. The accident victim still receives an income while recuperating. The rider insurance is very expensive not offered by most insurance companies that alone should help you see why Aflac’s plan is so popular.

Since the rider insurance is not affordable to all, Aflac has a supplemental insurance provision which extends to what other auto insurers will not cover. That is, the Aflac car insurance takes care of dental care, daily income expenses, intensive care, short-term lost wages, ambulance services, emergency room costs and extended hospital stays. With all these being included in the insurance plan, why would a policyholder opt out of Aflac?

Aflac Claims- Car Insurance

With a better understanding of the Aflac car insurance policy, one can’t help but wonder how effective Aflac is in terms of paying out a victim’s claim. Some insurance providers manage their policyholder claims through third party companies, which can be a great inconvenience to the policyholder. Aflac does things a little differently. 

Once an Aflac car insurance claim is made, Aflac makes payment directly to the customer with no third parties involved. This reduces delays in payment and frustration on the part of the insured party. Additionally, Aflac has a great deal of care for its customers, demonstrating this through offering immediate benefits to a victim’s spouse in case of serious bodily harm.

Aflac’s ability to pay claims quickly and efficiently not only saves the victim and family members a great deal financially, but also provides them peace of mind while the afflicted receive necessary medical attention.

Disability Insurance

Notwithstanding the unique Aflac car insurance, this insurer differentiates itself from other insurers particularly in its mode of operation. Instead of your typical insurance coverage, Aflac treats companies, non-profit organizations and individual clients to the disability insurance coverage. Their product ensures that the policyholder does not endure financial struggles after being injured while on the job or if they fall ill which leads to an inability to work.

Aflac’s medical and disability plans protect companies as well. Aflac offers plans that can be purchased in terms of group coverage. The group policy covers all employees in circumstances of illness or injury. The coverage comes into effect if they are incapacitated while on the job. All an employer has to do is to file a claim and will be ensured that their employee will be handed a financial lifeline.

The Aflac disability insurance plan is everything you will need, not only for your vehicle. Whether you are an individual or a group, this coverage will be your solution in times of accidents.

Healthcare

One might assume that since Aflac’s services are aimed at helping people meet their medical needs, there must also be an Aflac health insurance plan. Sadly, there is none. Aflac has, however, designed the disability insurance to work together with a policyholder’s health insurance coverage. Thus, there is no Aflac healthcare coverage.




A policyholder may only be eligible for Aflac’s insurance with an existing health insurance plan. In fact, many insurance providers will present their own policyholders with Aflac’s policy option as a way to supplement the purchased health insurance plan. The wide range of medical costs covered by Aflac is definitely worth supplementing the standard health plan.

About Aflac

There is no argument that the Aflac duck is the best corporate mascot ever. But the duck alone is not the star of the show. Founded in 1955, Aflac has gained worldwide popularity as a result of consistently meeting their customer’s needs and keeping their promises. Aflac has millions of satisfied customers with policies that include vision, dental, accident, cancer, life, short –term disability, hospital indemnity and hospital intensive care covers.

Aflac’s claim-handling procedures sets them apart from their competitors. Policyholders can file their claims on their website or over the phone. Claims are typically paid within a few days and, in some instances, on the same day, reducing stress and financial burdens for their customers. 

Aflac’s world class customer service has made it a trusted name in the insurance industry. This is, after all, what defines a good insurance company and customer relationship. Although Aflac is not the only option for supplemental insurance, it has built itself a name through exemplary service.

Through the decades Aflac has extended its services across the United States, Canada, Japan and other nations, proving that supplemental insurance can ease people’s financial struggles in times of accidents and illnesses.

Aflac’s excellent customer service and unique delivery of insurance plans makes it a top option for your supplemental insurance needs. Do yourself a favor by insuring yourself against unexpected accidents and financial stress with Aflac automobile insurance or disability insurance.