How Do I Buy Insurance (health, Life, Disability, Long Term, Etc.)? I’m Self-employed And My Wife Is Pregnant.
Posted December 6, 2009 – 4:37 pm in: term life insuranceI have no clue how the insurance industry works, so I feel like I’m in a bad position to bargain shop. I tend not to trust slick advertising. Do I need to read a book? Are there trust-worthy, friendly, smart professionals who can meet and talk with you about this? What are they even called??
Tags: Disability, Etc., Health, Insurance, Life, Long, Pregnant., Selfemployed, Term, Wife
4 Comments
Let me start by saying – I am not sure how it works in your state, but in Nevada; a lady who is pregnant can not get individual coverage until she delivers AND and expecting father can not get indivdiual coverage as well. This is because of the risk associated with covering a newborn.
Because you are self employed – do you have a LLC, C or S corp? If so, are both you and your wife listed on the articles of incorp or the list of managers? If so, and both of you work for the company – you may qualify for Group Coverage. In the state of Nevada, pre-existing exclusions for pregnancy are not allowed on group plans.
Find a good broker to discuss your options.
yes please, u will be personally contacted http://www.tkqlhce.com/click-1748196-103…
The professionals are called independent insurance agents. They know the market in your area and can find the best plan for you. They do not charge you any extra for their help.
You will not be able to get the health insurance with your wife pregnant. You can possibly get on a guaranteed issue policy if one is available in your state. Check with the agent. Stay away from the medical discount plans because they’re not worth the ink to print the slick advertising. Most doctors will not accept those plans. You will save more money paying cash for the delivery.
You can still get the other policies, again check with the agent.
OK, the BEST thing to do, is go to the guy who sells you your car insurance and/or house insurance. You already have a relationship there, start with them.
Then ask around to friends, coworkers, neighbors, how they like their agents.
What you’re really looking for is a local, independent agent, who will shop out what you want. The REALLY good guys don’t have to advertise heavily – they rely on word of mouth – so your neighbors & friends are the BEST place to go, if you’re own agent can’t help you.