Life Insurance for the cost of……..Chipotle?
My 19 year old son religiously gets a chicken burrito at Chipotle at least twice a week. Let’s pretend he doesn’t splurge for the queso and guacamole, even though we all know he does. That comes to $7.25 per tasty burrito. If he gets two a week, that comes to 104 burritos a year, which […]
I’m on Medicare, what if my prescriptions change in the middle of the year?
What if my prescription gets changed in the middle of the year when I’m on Medicare? No worries! You really do not need to do anything, except have your script sent to the pharmacy of choice and present your prescription drug card. When you sign up for either a stand alone prescription drug plan (PDP) […]
Life Insurance for the cost of Amazon Prime?
How much life insurance can I get for the monthly cost of Amazon Prime? As I type this, the going rate for Amazon Prime is $12.99 a month. Again, randomly choosing an insurance company, a healthy 32 year old female would be able to buy $218,546 of life insurance on a ten year term for […]
I am Medicare eligible now, but I still work full time. What should I do?
I still work full time, but am now eligible for Medicare – what should I do? Many more people are working later into – and past the age of Medicare eligibility. There are many variables that come into play when turning age 65, and different options for employees. Here are the two most common, basic […]
Life Insurance for the cost of Spotify
How much life insurance can I get for the monthly cost of Spotify Premium? As I type this, the going rate for Spotify Premium is $9.99 a month. Cheap right? Randomly choosing a life insurance company, a healthy 30 year old female could get $1120,695 on a ten year term life insurance policy. She could […]
Why do I pay for my Medicare plan while television commercials say it’s free?
I keep seeing commercials on TV saying that Medicare plans are free. Why do I pay for my Medicare plan? We get this question often. The zero premiums plans that you hear about are Medicare Advantage plans. These plans are common and many customers do choose them, however they are certainly not free when considering […]
Life Insurance for the cost of Netflix
How much life insurance can I get for the monthly cost of a standard Netflix subscription? As I type this, the going rate for standard Netflix is $13.99 a month. Just picking a random life insurance carrier, $13.99 would get a 30 year male non-smoker $226,099 coverage on a ten year term. 40% of Americans […]
Do my spouse and I have to have the same Medicare supplement plan?
I’m married, do we need to carry the same Medicare supplement plan? The short answer is no. Married or single, each individual person may choose and carry their own plans for both Medicare supplements as well as prescription drug coverage. At Frost-Beck Insurance Agency, we consider each individual’s particular needs and find what plan works […]
When should I start thinking about Medicare?
So when should I begin planning for Medicare? If you are approaching your 65th birthday you are most likely wondering how or when do I sign up for Medicare. At Frost-Beck Insurance Agency, we recommend signing up for Medicare anytime between 3-6 months prior to your sixty fifth birthday by contacting your local social security […]
You end up in a nursing home TODAY…….now what?
How will I pay for a nursing home? At roughly $7,500 a month and an average “stay” of 2 1/2 years……what is your plan? Will your estate need to go through the impoverishment process to get on Medicaid? Auction off your farm ground? Use assets intended to be passed down to loved ones? Liquidate the […]