B&M Senior Benefit Specialists
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Medigap also known as Medicare Supplements, Part D is prescription drug, Medicare Advantage
Baby boomers are turning 65 every day, Medicare may be overwhelmed with callers. We take pride in helping seniors find the correct Medicare plan for their needs. Our licensed agents specialize in Medicare products and can walk you through the enrollment process effortlessly. We revisit your current plan options at each Annual Enrollment Period (AEP occurs annually from October 15th - December 7th).
Individual and Group Health Plans
Individual and Group Health Plans
With an ever-changing market in the health insurance industry, finding the balance that meets your needs and still fits into your budget is what we do. We ask the right questions to find that balance. We are built upon a tradition of integrity, industry leadership, and excellence, we are committed to delivering tailored benefit solutions, strategic planning, professional services, and value-based solutions weather it be for an individual or an employer. We also offer Ancillary Products include dental, vision, short-term & long-term disability, cancer, final expense policies are added value products that can also be purchased. Contact one of our licensed agents for details and pricing.
Did you know that oral health is vital to the overall health of your body? Infections and bacteria of the mouth can lead to disease and disorders of your internal organs.
Dental insurance is important because:
Preventive care is often covered, which saves you money: By seeing your dentist regularly, you can catch dental problems before they get too serious and require more extensive and expensive procedures.
If you do need treatment, it will cost you less:
When you receive a covered treatment from a network dentist, part (or all) of the cost is paid by the dental insurance carrier and any remaining cost is paid by the patient. Dentists who belong to dental carrier networks have agreed to discounted prices, so your out-of-pocket cost is less than if you didn’t have dental insurance.
If you’ve been skipping your biannual dental exams and have any of the following problems, call your dentist and make an appointment right away:
*You have tooth pain or you’re sensitive to hot and cold.
*Your gums are red, puffy and bleed when you brush your teeth.
*You have a bad taste in your mouth and your breath is consistently bad.
*Chewing and swallowing are difficult.
*You have sores or spots in your mouth that won’t go away.
*You have a chronic medical condition such as diabetes, HIV or cardiovascular disease.
Yearly eye exams can detect early onset of glaucoma, cataracts or other diseases of the eyes. Vision insurance isn’t legally required, like health insurance or car insurance, and it isn’t necessarily a critical part of your financial safety net, like life insurance. But like other insurance products, you should judge your coverage need based on your usage.
A few things you’ll need to keep in mind when selecting your vision insurance:
The basics you need. Eye exams, eyeglasses, and contacts are some of the staples of eye-care. But the discount or allowance you receive will depend on the plan you choose. You’ll also have to decide where you’ll get these items; as you’ll see, the frames and lenses may be separate costs at some retailers, and you’ll be able to get contacts at some retailers but not at others.
Additional enhancements. Glasses seem pretty straightforward, but when you get into progressive lenses, trifocals, transition lenses (that turn from cool sunglasses outdoors to standard glasses indoors), anti-glare lenses, impact-resistant lenses, metal frames, and more, you can see that there’s a lot out there. These extras will often cost more, and they may not always be covered by your plan.
Elective procedures. Most medically-necessary concerns are covered by your health insurance, but nice-to-have procedures like LASIK and PRK fall under your vision insurance. These can be pricey and your plan almost certainly won’t cover the full cost, so see what coverage you get before you elect to go through with them.
Life Insurance & Preneed Planning
Life Insurance & Preneed Planning
Life insurance protects an individual against death. If you have life insurance, the insurer pays a certain amount of money to a beneficiary upon your death. You pay a premium in exchange for the payment of benefits to the beneficiary. This type of insurance is very important because it allows for peace of mind. Having life insurance allows you to know that your loved ones will not be burdened financially upon your death. Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.
Life-based contracts tend to fall into two major categories:
Protection policies – designed to provide a benefit, typically a lump sum payment, in the event of specified event. A common form of a protection policy design is term insurance.
Investment policies – where the main objective is to facilitate the growth of capital by regular or single premiums. Common forms (in the U.S.) are whole life and universal life.
Preneed Funeral Insurance
You can alleviate the financial burdens and minimize difficult decisions for your family by preplanning with a Preneed Funeral insurance plan.
Preneed insurance is used to fund a funeral service agreement between you and a funeral home. You decide every element you want included in your funeral service, which includes everything from cremation or casket to flowers to transportation for the family. The funeral home director totals the costs, and that amount is the basis for your Preneed insurance plan. You can either pay the amount in one installment or through monthly premiums. Upon your death, the funds are used to pay the funeral home for your funeral.
General Liability Insurance: Every business, even if home-based, needs to have liability insurance. The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party.
Property Insurance: If you own your building or have business personal property, including office equipment, computers, inventory or tools you should consider purchasing a policy that will protect you if you have a fire, vandalism, theft, smoke damage etc. You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate.
Business owner’s policy (BOP): A business owner policy packages all required coverage a business owner would need. Often, BOP’s will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based on your company’s specific needs, you can alter what is included in a BOP. Typically, a business owner will save money by choosing a BOP because the bundle of services often costs less than the total cost of all the individual coverages.
Commercial Auto Insurance: Commercial auto insurance protects a company’s vehicles. You can protect vehicles that carry employees, products or equipment. With commercial auto insurance you can insure your work cars, SUVs, vans and trucks from damage and collisions. If you do not have company vehicles, but employees drive their own cars on company business you should have non-owned auto liability to protect the company in case the employee does not have insurance or has inadequate coverage. Many times, the non-owned can be added to the BOP policy.
Worker’s Compensation: Worker’s compensation provides insurance to employees who are injured on the job. This type of insurance provides wage replacement and medical benefits to those who are injured while working. In exchange for these benefits, the employee gives up his rights to sue his employer for the incident. As a business owner, it is very important to have worker’s compensation insurance because it protects yourself and your company from legal complications. State laws will vary, but all require you to have workers compensation if you have W2 employees. Penalties for non-compliance can be very stiff.
Professional Liability Insurance: this type of insurance is also known as Errors and Omissions Insurance. The policy provides defense and damages for failure to or improperly rendering professional services. Your general liability policy does not provide this protection, so it is important to understand the difference. Professional liability insurance is applicable for any professional firm including lawyers, accountants, consultants, notaries, real estate agents, insurance agents, hair salons and technology providers to name a few..
Directors and Officers Insurance: this type of insurance protects the directors and officers of a company against their actions that affect the profitability or operations of the company. If a director or officer of your company, as a direct result of their actions on the job, finds him or herself in a legal situation, this type of insurance can cover costs or damages lost as a result of a lawsuit.
Data Breach: If the business stores sensitive or non-public information about employees or clients on their computers, servers or in paper files they are responsible for protecting that information. If a breach occurs either electronically or from a paper file a Data Breach policy will provide protection against the loss.
Personal Home & Auto
Personal Home & Auto
Homeowner’s Insurance: Homeowner’s insurance is one of the most important kinds of insurance you need. This type of insurance can protect against damage to the home and against damage to items inside the home. Additionally, this type of insurance may protect you from accidents that happen at home or may have occurred due to actions of your own.
Renter’s Insurance: Renters insurance is a subset of homeowner’s insurance which applies only to those whose who rent their home. The coverage is protects against damage to the physical property, contents of the property, and personal injury within the home.
Personal Automobile Insurance: Another very important type of insurance is auto insurance. Automobile insurance covers all road vehicles (trucks, cars, motorcycles, etc.). Auto insurance has a dual function, protecting against both physical damage and bodily injury resulting from a crash, and also any liability that might rise from the collision.
Personal Umbrella Insurance: You may want some additional coverage, on top of insurance policies you already have. This is where personal umbrella insurance comes into play. This type of insurance is an extension to an already existing insurance policy and covers beyond the regular policy. This insurance can cover different kinds of claims, including homeowner’s or auto insurance. Generally, it is sold in increments of $1 million and is used only when liability on other policies has been exhausted.
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