Ask Colleen King

All the questions you've had about health insurance, life insurance, annuities and long term care insurance (but were afraid to ask)

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Entries from September 2008

What about Annuities in this crazy time?

September 30th, 2008 No Comments

Can it get much crazier? If you’ve never considered an annuity for anything before, you should consider it now. An annuity is actually an insurance product that gives people a guarantee on their investment. At least the fixed annuities and fixed indexed annuities do. The stock market is a scary place to have your money [...]

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Health Insurance–what do you think of Supplemental Plans?

September 25th, 2008 1 Comment

Health Insurance is treated differently by people as opposed to homeowners or auto insurance, because unfortunately we tend to need to use it more often. Individual health insurance plans generally over 70% (or less) after you meet the deductible. So until you hit the out of pocket maximum, which is like a stop loss, your [...]

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Health Insurance–Should I use an independent agent or go ‘direct’?

September 16th, 2008 1 Comment

Health insurance tends to be confusing to most people, so going to a big, national web site to decipher what all is available might be okay for some. If you really understand it, then go for it. I can understand wanting to do it on your own and not risk being pressured into buying more [...]

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Life Insurance as ‘Mortgage Protection’ insurance–a so-so way and a much better way to do this

September 10th, 2008 3 Comments

Life insurance is life insurance, right? Many times yes, but with the right type of life insurance your mortgage will be protected in a way that affords your survivors more options. Have you gotten a mortgage or refinanced a loan lately? About 20 minutes after the close, you started getting things in the mail offering [...]

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Health Insurance–California and the U.S. aren’t the only places with problems.

September 3rd, 2008 No Comments

I was on vacation last week, and even though I was out of cell phone and computer/wireless range, there’s always someone talking about health insurance. I was in a cab on the island of Aruba, which is beautiful. My boyfriend and I with another couple had gone to a great beach and in the cab [...]

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