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Whether you buy group or individual health Insurance Policy in California, the options you have regarding the different types of  health  Insurance are generally the same.   In some groups you can even choose from available plans. These different types  are  traditional health Insurance Policy, health maintenance organizations (HMOs), and preferred provider organizations  (PPOs).

California goes beyond the Federal requirements for offering health Insurance Policy to its residents.  Examples of this include  Industry  Advantage plans (IAHP), short-term health policies, Insurance Policy for high risk Individuals and special plans for  children and teens.

Additional Health Insurance in California

The traditional health care delivery system is based on a fee-for-service type of arrangement. In a fee-for-service system,  you give  or each itemized medical service you receive. In the days of the frontier, “Doc” often received a chicken as  payment. Today,  physicians are paid with money, lots and lots of it. Fee-for-service health Insurance Policy recognizes this  practice and is designed to  reduce or even eliminate your duty to pay directly for your medical care. Traditional health  Insurance Policy comes in three parts:

California has four basic options for choosing a health care plan:

1. Health through an employer or association

2. Health Insurance Policy through Income eligibility such as Medicaid

3. Health care for high risk individuals such as those that have had cancer or a heart attack

4. Individual Insurance

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When shopping for term life insurance, you want to find the Good amount of insurance coverage at a reasonable price with a company you can trust. But for many people, getting started is the hardest part. That’s where the following Life insurance policy Checklist can help.

1. What you would like your policy to achieve?

Ask yourself what it is you want your life insurance to do. For example, do you want to have insurance coverage that will:

- Pay funeral arrangements?

- Pay the outstanding balance owing on a mortgage and other debts?

- Offset the loss of your income? And if so, for how long?

- Contribute to the future education of your children?

- A combination of all or part of the above?

Knowing what you would like to accomplish with your life insurance policy and approximately how much you need to achieve these goals will help you determine how much life insurance policy you should consider purchasing. Online life insurance calculators are available to help you put a dollar value on the amount of coverage you need.

2. Who would you like to insure under the life insurance policy policy?

Most insurance companies offer a variety of life insurance policy products to suit your lifestyle and family needs. You can get an insurance policy on your own life, or you can get one policy for both you and your spouse (called a joint life insurance policy policy). The most common joint life policy provides coverage when the first partner dies, leaving the life insurance benefit to the surviving spouse.

3. How long will you need life insurance policy?

Consulting a psychic isn’t necessary, although it does require that you estimate the timing of your life insurance needs. For example:

- When will your mortgage be paid off? The amortization period of your mortgage will often determine how long your term life insurance policy should be.

- When will your children be finished school? One day they’ll finish their education and having enough life insurance coverage to pay their educational expenses won’t be necessary.

- When are you planning to retire? You will have less income to replace at that time.

Knowing how long you’ll need life insurance coverage before you begin shopping will ensure you’re comfortable with the life insurance product you end up purchasing. Online tools are available to help you figure out which term for your life insurance policy policy is most recommended for people with similar lifestyles.

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In Part 1, we detailed the first five strategies on how to cut your car insurance costs. In Part 2, we show you the second five.

STEP 6 – Review, Change or Cancel No Fault & PIP (Personal Injury Protection)

No-Fault Coverage, and it’s Twin – PIP – started out as great idea’s. Your premiums were actually going to be lowered. Then, your State Politicians got involved (at the urging of insurance policy Lobbyists, of course) and mucked it up.

You see, no-fault insurance policy coverage was originally intended to have each individual’s losses, covered by their own car insurance company – no matter who was at fault.

Today, in many States, car insurance companies are making a ton of money on no-fault because the insurance companies convinced State law-makers to make “modifications.”

Today, because of the these changes, car insurance policy companies have actually used the no-fault laws to reduce payments on a claim made by a customer, instead of reducing car insurance premiums as it was supposed to do.

So, premiums keep going up-and-up and insurance companies end up paying less for claims – Someone’s getting rich on that deal….and it’s not you.

And to make matters worse, some States (with really, really talented insurance Lobbyist’s) also require an additional premium be paid on top of the no-fault premium. This beauty is called Personal Injury Protection (PIP).

PIP is a “wide-blanket” of coverage and can leave Collision Coverage, Hospitalization, Social Security Disability, Workers Comp, Personal Disability insurance policy & Life insurance policy.

The trouble with PIP and what it covers is….

You already gave most, if not all, of these coverage’s anyway, don’t you? So, you’re paying twice!

So, you need to do a couple of things:

Google “minimum levels of required auto insurance” to see if No-Fault insurance and/or PIP Is asked in your State;

Then, check your policy. If it’s not asked by your State to have No-Fault/PIP Coverage and it’s on your policy – cancel it. If No-Fault/PIP is asked by your State….take the absolute minimum. Here’s how.

If you must have No-Fault/PIP, ask for and get a deductible from your car insurance policy company.

STEP 7 – Cancel Medical Coverage

Medical Coverage, on most car insurance policy policies, is a promise to pay “reasonable” medical expenses for anyone who is riding in your car should you have an accident…as well as anyone in your car should it get hit by someone else.

Cancel it. You don’t need it.

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How much do you pay for Car insurance every year?

Eight hundred dollars a year?  One thousand?  Two thousand?

Whatever the amount you’re paying now, you can slash that amount by more than 50% by simply following a few simple strategies.

Can you cut your car insurance costs by investing only 30 seconds of your time?  No, that can’t be done.

But if you’re willing to spend 30 minutes today, this week, or next, I’ll show you how to save up to $6,000 on your Car insurance over the next 10 years.

Okay, here we go.  Grab your Car insurance declarations page (the page in your policy that details all the coverage’s you’re paying for) and follow along.  Make sure you take some notes.  If you don’t have your policy, or can’t find it, call your car insurance company and get one – they’ll send it to you pronto.

STRATEGY 1 – Make sure you’re getting all applicable discounts for your vehicles safety features, such as:

- Front, Side or Head Curtain Air Bags;

- Automatic Seat Belts;

- Anti-Theft Alarms or Tracking;

- ABS or Traction Control….and many more.

Think about the safety features you have….and write them down.

STRATEGY 2 – Review & Change Deductibles For Comp & Collision.

Most Car insurance policies have two deductibles – one for “collision” (you hit someone or someone hits you) and one for “Comprehensive” (all other damage or loss).

For both of these, have at least a $500 deductible – preferably a $1000 deductible.

Here’s why – If you are currently paying a $100 – $250 deductible, you’ll save up to 40% per year on your monthly premiums by moving it to $500.  That implies if you’re currently spending $1,000 a year on insurance, you’re going to get to keep $400 every year.  If you jump to a $1,000 deductible, you could keep almost $600 extra a year in your pocket.

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