Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly.
Healthcare is an expense, to be sure, but the importance of insurance really helps defray that expense. To find you the best coverage, at the best rates, A. L. Saland Insurance Solutions, Inc. will compare plans and costs to find you the best policy for you and your family’s needs.
The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents or survivors.
Disability insurance provides benefits that replace part of your lost income when you become unable to work due to illness or injury. If you become injured or ill and can no longer work, disability insurance generally does not fully replace your income during your disability; it only replaces a portion of your income. Unlike workers compensation, disability income insurance supplements your income even in cases where the illness or injury is not job-related.
Protects individuals and families against dental costs. It insures against the expense of treatment and care of dental disease and accident to teeth. Coverage for braces is optional. The most common types of dental insurance plans are Preferred provider organizations (PPO) or dental health maintenance organizations (DHMO).
Provides reduced-cost fees on some eye health and vision correction services and products, such as routine eye health expenses such as eye exams, contact lens fittings, contact lenses and eyeglass lenses and frames and may provide a discount on LASIK procedures.
Group medical coverage refers to a single policy issued to a group (typically a business with employees, although there are other kinds of groups that can get coverage) that covers all eligible employees and sometimes their dependents.
Executive Bonus Plans
An executive bonus plan is an arrangement under which an employer pays the premiums on a permanent, cash value life insurance policy. Although the employer pays the premiums, the executive-not the employer-owns the life insurance policy. The basic executive bonus plan is simplicity itself. It is in the application of the plan that some complexity enters the arrangement.