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- Did you know that small group health plans in Florida (2-50), must be issued regardless of any manner of ongoing health conditions the group may have, and may not be rated up more than 15%?
- Did you know that the only two Medicare
Supplement Insurance plans that never
ask medical questions are Blue Cross and
the AARP?
- Did you know that most Life Insurance Companies temporarily bind coverage for 60 days if a deposit is placed on an application with less than $500k of coverage?
- Did you know that most Long Term Care
plans today will cover Alzheimer’s
Disease and Parkinson’s Disease
while the insured is in a Nursing Home,
an Assisted Living Facility (ALF), or
in their own home?
- Did you know that most Health Insurers only cover individuals who are permanent residents with Social Security numbers, but due to changing demographics, this rule is now being waived by many Florida insurers?
- Did you know that money earned in a
Life Insurance policy is not taxed until
funds are withdrawn?
- Did you know that Nursing Home costs
are expected to triple in the next 20years,
and that 43% of people over 65 will spend
time in a Nursing Home at some point?
- Did you know that approximately one
in three people suffer a disability lasting
90 days or more before age 65?
- Did you know that individuals with estates
valued over $2 million should expect taxes
to be 18-49% payable by their heirs?
- Did you know that Nursing Home costs
are expected to triple in the next 20years,
and that 43% of people over 65 will spend
time in a Nursing Home at some point?
If you have a "Did you know"
item you think should be here, contact
us!
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