6 Holiday Headaches You Can Control with Home Warranty

The holidays can be both joyous and stressful. With a home warranty, unexpected repairs can be fixed by reliable technicians. Save yourself a headache!

While many of us look forward to the holiday season all year, it can also be a time of great stress. In between all that cookie-baking and gift-buying, it can be challenging to get someone to fix your broken dishwasher or HVAC system. Fortunately, there’s a solution for any unexpected breakdowns that might put a damper on your holiday spirit: a home warranty plan.

home warranty is an excellent way to protect your home from unforeseen and unexpected expenses. The Home Warranty Plan is a one-year service contract for the repair or replacement of covered home system components and appliances that typically break down over time.

Take a look at these five common holiday season headaches that can be easily managed with an Home Warranty Plan.

1. Finding reliable help around the holidays

It can be just as challenging to find reliable home-repair help during the busy holiday season as it is to get that Thanksgiving turkey just right. With a home warranty plan, you’ll have access to industry-leading expertise 24 hours a day, 7 days a week, 365 days a year. askmedicalinsurance will find the right licensed personnel and eliminate the need for you to locate qualified help during the busy days leading up to and during the holidays.

2.Unforeseen expenses 

Repairing something as major as your home heating system could cost you thousands of dollars. Such a huge expense can be stressful at a time when you’re already spending money on gifts, food, decorations and other miscellaneous holiday expenses. But with a home warranty, you’ll only need to pay the monthly fee along with a trade service call fee, which is a fixed amount that's easy to plan for.

3. Dealing with insurance companies

With a warranty plan, you can skip the whole process of filing claims and deal with insurance, and spend that precious time shopping, wrapping gifts, cooking delicious meals, or decorating your home with family and friends.

4. Playing host with a broken appliance

A broken dishwasher or refrigerator can really put a damper on your holiday festivities. A home warranty plan offers an expedited repair process on covered items. You no longer have to worry about a crisis caused by appliance or system breakdowns at a time when your house is swarming with guests.

5. Paying the full cost of repair or replacement

In the event of a breakdown, insurance usually reimburses the value of the item minus depreciation. This means you will not be reimbursed the full amount paid at the time of purchase. With a warranty plan, you won’t have to pay for the actual repair or replacement of covered items, and your contract will cover repair or replacement of covered items regardless of age, make or model.

6. Not enough time to coordinate home repairs

Finding reliable help that suits your budget, following up and replacing parts all involve a considerable time investment. Since the costs associated with repair and replacement are so high, it is not possible to skimp on the research and effort needed to get a satisfactory solution. A warranty plan will save you time when you need it the most this busy holiday season.

Can you get Term Life Insurance if you have Heart Disease Risk Factors?

 

The heart wants what it wants.

As if having a heart condition or related risk factor isn’t unnerving enough, the worry of not being able to provide or afford to provide financial peace of mind for your loved ones could compound the stress of a medical issue.

Naturally, life insurance companies are interested in how healthy your heart is as they assess their risk in granting you coverage. People with or at risk for cardiovascular disease, or even a family history of it, could end up paying higher premiums for their policies. A drop of one rating class (e.g., Super Preferred to Preferred) could mean an increase of 25% or more in the cost of your insurance policy. And under certain circumstances, an insurance company might deny you coverage.

If You're Thinking About Applying for a Life Insurance Policy, Keep These two Things in Mind: 

  1. You need to be completely honest about your current health status and medical history.

Lying, misleading, or omitting crucial information about your health will likely get you rated at a higher premium or denied a policy. And if you’re granted a policy, die, and the insurance company discovers you lied or misrepresented information on your application, it could either lower the benefit your family receives or the company will altogether refuse the claim.

  1. Although you may not be able to help that you have a heart condition or risk factor, doing what you can to keep issues under control will work in your favor. 

For example, if you have blood pressure that’s typically higher than the ideal normal reading of less than 120/80, you might consider seeing a doctor and getting it under control before you apply for life insurance. I have first-hand experience with this one. My blood pressure had been running high, but because I didn’t have other risk factors and was under a physician’s care to keep my BP under control, I still got a preferred plus rating when I applied for term life insurance.

The same goes for cholesterol levels. Total cholesterol (a measure of your HDL, LDL, and other components) of below 200 and a ratio of LDL and HDLs of 5.0 or less are considered ideal. As with blood pressure, if your levels are outside of the preferred levels, getting them under control before applying for life insurance will serve your wallet well.

How do Insurance Companies Check your Heart Health?

When you apply for insurance, you’ll need to share about your medical history (and family medical history) by answering questions on the application. You’ll also need to undergo a paramedical exam that includes blood tests, blood pressure check, and urinalysis. Depending on your age, history, and amount of coverage requested (if larger than normal), the insurance company might also ask you to go through an electrocardiogram (EKG) and/or a stress (treadmill) test to further evaluate your heart health.

Realize that all insurance companies have different policies and procedures so the requirements, considerations, and rates will vary from one to another.

How can you get the Best Life Insurance Rate?

If you’ve avoided looking into life insurance because you don’t think you can afford the cost, you might be pleasantly surprised if you explore the option of term life insurance. You’ll need to go through the same type of health assessments as you would when applying for whole life insurance, but term life policies offer premiums that could be substantially lower. They’re simple, straightforward policies without the bells and whistles that run up premium rates.

You can quickly and easily get a preliminary term life quote online. To find out if a term life policy might be the right choice for you and your family, talk with a trusted insurance professional who can explain how it works and answer your questions.

Extended Car Warranty, How To Choose The Right Plan

 There are many extended car warranty programs to choose from but it can be a bit tricky to find a “reputable” plan to suit your needs. The best way to choose a reliable extended car warranty program is to find a company that makes the following criteria…

1. Make sure the company is in business for 10 years or more. This assures you that they are not only in the business of selling coverage but also successfully paying claims.
2. You want to choose a company that has an A+ rating with the Better Business Bureau and perhaps more importantly, is accredited by the BBB which holds them to a much higher standard of excellent business practices and customer service.
3. You want the warranty program to be directly underwritten by a US-based insurance carrier holding at least an A rating with an industry rating service such as AMBest or Standard & Poors. This will assure you that if any part of the claims administration process fails the underwriter will directly pick up all claims if needed.

There are also many different levels of coverage available for your vehicle. These levels are Powertrain, Major Component Plus, High-Tech Component, Component Type Bumper-To-Bumper, or Exclusionary Bumper-To-Bumper coverage. Depending on the age and mileage of the vehicle all or most of these levels could be available. It is important to look through the different levels of coverage for any companies you are considering side-by-side to make sure that you are purchasing the best coverage available for your needs. Do not rely on plan names such as Platinum, Elite, or Gold as they do not always correctly define the level of coverage you are purchasing. Some less than reputable companies will take a very basic plan and label it with a very fancy name. You want to look at the actual list of what is covered to make sure you are getting what you’re paying for.

All in all, an extended car warranty is an excellent investment and can save you thousands of dollars over the term of the coverage. To begin researching the different types of coverage you can visit Auto Advantage and see what the choices are. It is a great idea to fill out the quote request form and let them send you the specifics including coverage details and pricing.

What to Ask When Choosing a Home Warranty

There are a number of things to know about before getting your first Home Warranty Plan. Here are 10 questions to ask yourself and the provider when comparing your options.

Purchasing a home warranty to cover your major appliances and system components (refrigerator, dishwasher, garage door entry system, HVAC unit, etc.) can be tricky. You have to balance consideration of each warranty's options, premiums, deductibles, terms, and conditions. At the end of the day, what you really want is some assurance that, in times of need, you and your family will remain safe, comfortable and suffer the least amount of inconvenience.

What should you look for in a home warranty? There is no simple answer, and there is no one-size-fits-all home warranty solution. As with all your other investments, one of the best things you can do for yourself is to enter negotiations as well-prepared as possible. So we’ve assembled this checklist of questions to ask before you commit to a home warranty agreement to help you better understand your needs, your expectations, your reservations, and your own attitudes towards what makes a house a home.

1. How much wear and tear do your appliances already have?

Appliances exist for one reason: to make our lives easier and that means taking on the dirty work (literally, in the case of a dishwasher or washing machine). Some of us use them harder than others and age can add up over the years, but as long as you use your appliances according to manufacturer's instructions, a home warranty can help you keep your machines running without worrying about unexpected repair or replacement costs. Should your appliance's or system's major components break down due to your normal use, a home warranty can be there to help cover the costs to get back in working condition.

2. Do you plan on upgrading or replacing your appliances any time soon, even though they are still functioning?

New appliances and systems come with manufacturer's warranties which are great protection, however, they run out and are unit specific. A home warranty can provide more of an umbrella of protection for your home to cover multiple appliances and systems. Plus, some companies, askmedicalinsurance, for example, provide programs such as the Appliance Discount Program that can save you money on the purchase of brand new, brand-name appliances.

3. Are you aware of any pre-existing conditions or problems with your appliances that have gone unaddressed?

Home warranty companies want to help you keep your home in working order but there may be some limitations when it comes to addressing certain pre-existing conditions. Check with your potential provider.

4. Are there any essential components on your appliances (e.g., your refrigerator’s ice-maker; your HVAC system’s ductwork) that may not be covered by a particular warranty?

Today's appliances are amazingly complex machines with evolving pieces and parts. However, they still basically rely upon essential core parts to perform their necessary duties. Those components are what require protection and often can be most expensive to repair. Your home warranty should cover these core components.

5. How does a particular warranty complement or supplement your existing homeowner's insurance policy?

Home insurance is great protection for your home for what MIGHT happen (fire, flood, natural disaster, etc.). However, what about protection for things that WILL happen? For example, your air conditioner condenser finally giving out or your clothes dryer refusing to dry your clothes. Having a home warranty plan to work side-by-side with your home insurance can greatly help your home remain a comfortable and happy place.

6. Will a specific home warranty policy help you pay for routine preventative maintenance of your major appliances?

A home warranty may not cover your routine preventative maintenance, however, they may penalize you for NOT taking that action. American Home Shield will not do that. We understand you're busy and that time gets away from you. That's why we can help cover you when your major system and appliance components break down from normal use.

7. Will a specific home warranty policy help you to pay for significant cosmetic damage to your major appliances?

Home warranties are designed to cover parts and components that are designed to wear down from normal wear and tear. If that normal use causes cosmetic damage, you should be covered. However, if an overly excited family member causes damage to your dishwasher door, for example, you will not be covered.

8. Are any repairs, services or appliances too minor (e.g. your microwave oven) to be covered by a specific warranty?

It all depends on your provider and your contract. An askmedicalinsurance Home Warranty Plan, for example, covers every part of your refrigerator. Other companies may exclude coverage for a dozen or more parts. 

9. What is the upper limit for repairs and replacement that the warranty will cover?

This depends on your prospective provider, but AHS offers some of the most competitive levels of coverage. In some cases, askmedicalinsurance provides twice or even five times as much in terms of replacement coverage.

10. When can you make a claim with your prospective warranty provider?

You may currently have appliances in need of repair. Most companies may make you wait 30-60 days before you are able to submit a service request. 

So, which home warranty combines the best reputation, the greatest expertise, and the most satisfactory customer service?

That warranty is the one that can be of the most benefit to you when the time comes for you to maximize your home’s equity. And American Home Shield is confident that the home warranties we offer are world-class in that regard. As the home warranty industry creator and leader, we are proud to offer the best, most comprehensive and award-winning home warranty plans. Learn more about askmedicalinsurance Home Warranty Plans and get a quote today.

When Does a 10-Year Term Policy Make Sense?

Term life insurance can be seen as income replacement if you were to die prematurely.  It’s affordable and customizable.  One of the ways you can customize your term life insurance is with the term length.

The term length of a policy determines how many years you have insurance coverage for.  A permanent life insurance policy lasts forever – hence calling it “permanent.”  A term life insurance policy lasts a specific number of years – a “term”.  The typical term length options are 10, 15, 20, 25 or 30 years.  So, if you were 30 years old and you purchased a 25-year term policy, you would be insured until you were 55 years old.

A 10-year term policy is one of the cheapest life insurance policies you can buy, which makes sense because the coverage it provides lasts the fewest amount of years.

The Estimated Monthly Cost of a
$250,000 10-Year Term Policy
for a Healthy, Non-Smoker

Age

Male Female
25 $11

$10

30

$11

$10

35

$12

$11

40

$14 $13
45 $20

$17

50

$28 $23
55 $41

$31

60

$63

$46

Even though a 10-year policy may not last very long, there are still situations in which it makes sense to purchase one.

Buy a 10-year term policy if it’s all you can afford.

You may have a lot of bills.  Maybe you’ve got credit card debt.  You couldn’t possibly afford to buy life insurance now, right?  Wrong.  It’s in situations like these when you likely need life insurance the most and can’t afford not to have it.  If your income were to suddenly disappear, what would happen to your family?  If you were already struggling financially, your death won’t make things easier.  Final expenses – such as any debt you had and your funeral costs – would be up to your family to somehow pay.

A 10-year term policy can protect your income and your family’s future while you work toward paying off debt.  A little bit of life insurance is always better than none at all.  Once your finances are more secure, if you decide you want to purchase more life insurance this is always an option.  You can either convert your 10-year policy into a permanent policy (if your policy is convertible) or you can purchase a new term policy.

Buy a 10-year term policy if you are close to retirement.

Most of the time term life insurance policies are purchased to cover the most financially-vulnerable years, such as when your children are small and you have quite a few years left on your mortgage loan.  Other times term life insurance policies are purchased to protect financial responsibilities that may crop up later in life, such as the purchase of a vacation home or your adult child’s graduate school tuition.

As an example, let’s say you are 55 years old and you and your spouse pull the trigger and finally buy that dream condo on the ocean.  It will be a great place for your children and grandchildren to visit.  However, one of your children isn’t quite done with graduate school and tuition isn’t decreasing anytime soon.  You have savings, Social Security benefits will be starting soon, and even though you’re healthy, you still want to be sure that if the unexpected happened, your spouse wouldn’t have to sell the condo and your child could finish school.

The Estimated Monthly Cost of a
10-Year Term Policy
for a Healthy, Non-Smoking 55-Year-Old
Coverage Amount Gender
$100,000 Male = $22
Female = $20
$250,000 Male = $42
Female = $32
$300,000 Male = $48
Female = $37
$500,000 Male = $73
Female = $55
$750,000 Male = $107
Female = $80
$1,000,000 Male = $136
Female = $102

Buy a 10-year term policy to supplement your existing life insurance.

Perhaps you planned ahead when you were young and bought life insurance right after your first child.  You locked in a great low premium payment for a 30-year $250,000 term policy.  Perfect.  Your child will be financially protected through her college years and your spouse could pay for your funeral and rent each month.

Now, fifteen years later you’re 40 years old and realize that your $250,000 policy won’t cover your $400,000 mortgage loan.  Instead of applying for a brand new 30-year policy with a $500,000 coverage amount, you can opt to add to your current coverage with a new 10-year policy $250,000 policy.  This will ensure you have an appropriate amount of coverage for the next ten years while you’re paying off your mortgage and through your daughter’s college years – without being over-insured.

Buy a 10-year term policy to protect a loan.

Whether you need to take out a personal or business loan, lenders need to know how you plan on paying back the loan.  They also like a backup plan as assurance that they won’t lose money should you die unexpectedly before the balance is paid in full.  One such option is to assign a term policy as your payment backup should you die.  Lenders will be more inclined to approve your loan if they see you have all intentions of paying it back – even in death.

Interested in a 10-year term life insurance policy?  Finding out how little a policy may cost you is incredibly easy.  Visit askmedicalinsurance.com/lifeinsurance. – run as many quotes as you want without being required to enter contact information.  We look forward to helping you purchase life insurance.

8 THINGS TO WATCH OUT FOR WHEN BUYING A USED CAR

BUYING A USED CAR

The used car market is a haven for various automotive gems! It is the perfect place where you can look for that odd box-type sedan that brings you back to your good old childhood days, or if you are lucky enough you can get a rare expensive classic that can now be worth millions away from its original price. Regardless of whatever meets your eye as you wander about in the used car center, used cars can become financial liabilities if you do not make it a point to check on them after making your purchase. Whether the vehicle is for you, your brand new teenage driver, your significant other, or a friend/family member, before you jump the gun on purchasing a used car, make it a point to watch out for these elements.

BODY AND GLASS

First impressions last – at least that is how you should think when you start evaluating your used car of choice. Issues such as cracks, dents, and uneven paint should play a significant part in the used car’s pricing, since those can be costly to repair. Moreover, those kinds of damage may indicate that the used car may have been involved in accidents of various degrees under its previous owner. That, of course, may point to further internal damage, so make sure to look at those problems with great circumspect when you think about your used car purchase.

INTERIOR, SEATS, AND ODOR

When canvassing for a used car, do not just look at the outside. In fact, it is even more important that you discern whether the used car you are looking at has an interior that is bearable enough for you to spend most of your time; think about all that time you spend sitting in traffic to and from work. Things like seat upholstery, seatbelts, and overall odor play a huge part in your driving experience with your used car, so make it a point not to neglect those things.

CONTROLS AND SOUND SYSTEM

Watch out for missing dials, malfunctioning light indicators, and damaged interfaces when looking for a used car. A typical secondhand vehicle should have controls that are still working properly, albeit with some parts of it already worn out. Also, make it a point to check the condition of the used car’s sound system. Muffled speakers and a faulty sound system interface may make for an unpleasant driving experience (think about having to sit in silence or forced to listen to an awful radio station during that traffic we already talked about), while faulty electrical wiring for both your controls and sounds may prove to be dangerous in the long run.

LIGHTS

Obviously, faulty exterior lights are a no-no for used cars, and fixing them can be quite a costly ordeal. With that, it is highly important that you check the conditions of the headlights, signal lights, and taillights of the used car you are eyeing first before purchasing it. Moreover, also make sure that your interior lights are also in good shape, so that you would not have to experience inconvenience in the event you need cabin lighting as you drive during nighttime.

TIRES AND SUSPENSION

A good used car has a properly-rotated and balanced set of tires and a suspension set that provides stability and safety, especially during long drives. With that, make sure that your used car of choice has good tires and suspension. Otherwise, you would certainly find yourself flirting with the possibility of encountering unwanted road accidents. You do not want to be that person on the side of the highway waiting for road assistance because your tire blew.

FLUIDS

Before purchasing a used car, make sure to check the condition of its fluids. Watch out for residues, burnt smell, or foamy particles on the dipstick – those typically refer to various problems your mechanic should work on right away. Normally though, engine oil is brownish or blackish in color and residue-free, while the transmission fluid appears pinkish.

RADIATOR

A used car should not have green particles sitting around on its radiator. Otherwise, it shows that leaks may have been made, and that a replacement may be necessary. As long as the radiator does not appear rusty or to have corrosion, then you are in good company.

ROOF

Checking the roof of your chosen used car is actually a no-brainer. Doing so allows you to see whether there is a possibility of water leakage inside the cabin, which you must prevent at all costs if you want a pleasant driving experience. At the same time, make sure to check if your sunroof is working properly, if you have one.

How Can a Home Warranty Protect Your Dream Kitchen?

 
The day is finally here. After hours of research and meetings with contractors, a million pins on interest and only slightly fewer frozen dinners microwaved in your living room, you've built your dream kitchen!

Now — to make sure that it stays up and running — it’s time to protect it with a home warranty.The  E - exchanger Plan covers the repair and replacement costs of more than 20 of your home appliances and system parts. And E-exchange makes it easy — choose from existing plans or customize one that meets your needs without paying for unnecessary coverage.

You might think that because you have homeowners insurance you don’t need a home warranty, this is a common misconception but it's not true. Home insurance and home warranties offer different types of protection. A home insurance policy covers accidental damage to your home and belongings due to theft, storms, fires and some natural disasters. A home warranty is a service contract that provides for repair or replacement of your home appliances and system components that fail due to age and standard wear and tear.

Different Types of American Home Shield Plans

The Systems Plan covers items related to the major systems in your home such as air conditioning and heating (including ductwork), electrical and plumbing, water heaters, garbage disposals, water dispensers, central vacuums, smoke detectors, doorbells and ceiling fans. All things you take for granted, but that can cause major issues when they break down. For example, that new kitchen of yours will lose its luster pretty quick should you AC go out this summer. And it will be pretty hard to entertain should your garbage disposal or water dispenser go out.

The Appliances Plan covers, home appliances such as refrigerators, dishwashers, clothes washers and dryers, ranges/ovens/Cooktops, built-in microwaves, freestanding ice makers, trash compactors, garage door openers and built-in food processors. This plan helps get your household back up and running when one of these critical devices stops working. You don't want your refrigerator to break in the middle of summer, leaving you without cold beverages or frozen treats, right? What's summer without them, anyway?

Choose a plan that best fits what you need

The Combo Plan is our most popular and covers both systems and appliances.

The Build Your Own Plan lets you customize one that meets your needs without paying for coverage you might not need.

Optional Add-Ons

Don't think that you're limited to just standard appliances. You can always add coverage for things such as a pool/spa, water softener, well pump and septic pump. Simply select the plan that best suits your needs and then tack on any of these extras as appropriate. 

You’ve taken great care to build the kitchen of your dreams. It makes sense to protect your investment with an askmedicalinsurance Home Warranty Plan. Explore our plans, see a list of what’s covered and get prices in your neighborhood now. With this kind of peace of mind, you can sit back, relax and start trying cool summer recipes from your favorite chefs!

Term Life Insurance for 35 Years

35 years is a long time.

Think about some of the things that happened or were popular in 1981.

  • Raiders of the Lost Ark
  • MTV began
  • Prince Charles and Lady Diana married
  • Hall & Oates
  • The Rubik’s Cube
  • Donkey Kong

A lot can happen in that time of time. The fall of The Soviet Union. The Internet. Mobile phones. Emoji. 35-yr term life insurance.

Yes, you read that right. You can now buy term life insurance with a term period of 35 years from American General Life Insurance Company.

Until now, the longest term period available was 30 years. But with the new term length, you can lock in a low rate up to age 45 and keep it until you are 80 years old.

Will you need term life insurance for 35 years?

Maybe and maybe not. It all depends on your unique circumstances. Things to consider include:

  • How many years until your youngest child leaves home?
  • How many years until all your children (and perhaps grandchildren) graduate college?
  • How many years until you pay off your mortgage?
  • How many years until you retire?

This is a start, but there’s more to it. Thankfully, we’ve written a thorough guide to help you find out how long you will need term life insurance.

It’s important to note that you are never ‘stuck’ in a policy for the entire term length. Meaning, you can always cancel the policy before the term expires without incurring any penalties or fees. Most life insurance companies will refund any unused premiums as well. Just in time for last-minute holiday shopping!

Do Research Before Buying An Auto Warranty

When most people research auto warranties, they mainly look at price. Everyone is looking to get the best rate possible on an auto warranty. However, though price may be important, it should not be the deciding factor when you make the final purchase.

When you look into buying a warranty, it is important to ensure that you buy one that is great quality. In order to get the most out of your auto warranty and to make a smart purchase, here are two very important things to take into consideration when you do your research:

First off, consider the price. Price is an important factor when you make any purchase. However, when it comes to warranties, it is important that price is not the only thing that you look at.

Secondly, make sure you research the company thoroughly. Is the company reputable? Is it an established company? Are they visible online? Are their contact details easily and prominently located? And lastly, is the company accredited and does it have a high rating with the Better Business Bureau?

Why Should Consumers Purchase An Extended Warranty For Their Car?