A Health Savings Account is a great way to defray the extra expenses that your health insurance may not cover. Burlington, NC residents can direct any questions they have about health insurance and health savings accounts to the agents of Don Allred Insurance. They have the answers to the tough questions when their clients have concerns about their health insurance policies.

An HSA Is Not Health Insurance

A health savings account is not health insurance. It is a savings account that can be used to cover specific types of medical expenses. High-deductible insurance policies are cheaper in the long run but costly until you pay the deductible. A health savings account can be used to pay your deductible and other medical expenses.

HSA’s Pay for Medical Expenses That Aren’t Covered by Health Insurance

Health savings accounts fill in the gaps by covering expenses that aren’t covered by your health insurance. This includes deductibles, prescriptions, supplements, and other medical expenses that often slip through the cracks.

HSA’s Are Another Type of Savings Account

A health savings account is a savings account is designed to help you save money for unexpected medical expenses. Money that is put into an HSA is dedicated to your health care costs and shouldn’t be spent on other types of expenses. 

The agents of Don Allred Insurance offer residents of Burlington, NC an opportunity to learn more about health savings accounts and how they can defray the cost of additional expenses. They can answer your questions and help you identify whether or not a health savings account would benefit you. Call today and schedule a review of your health insurance policy and ask for more information about the benefits of an HSA.

Those that live in the Burlington, NC area are going to have many different forms of insurance needs. One form of personal insurance that you should consider getting is life insurance. There are several reasons why someone should consider getting a life insurance policy and adding it to their total personal insurance plan. 

Ensures Financial Protection for Dependants

One important reason to get life insurance is that it can help to protect the financial future of your dependants. If you have people that rely on you or your income, you will want to make sure that you are protecting it as well as possible. While saving money and being diligent is part of it, so is getting life insurance. With a life insurance policy, you can ensure that your dependant’s future costs will be covered.

Provides Investment Alternative

Another reason that you should get life insurance when you are in North Carolina is that it can give you a good investment alternative. If you choose to get a whole life insurance policy, it will allow you to earn additional interest income while also receiving life insurance protection. This could make it a good conservative investment option that will also provide you with protection for your dependents.

Anyone that is in the Burlington, NC area will want to ensure that they get a quality life insurance policy. Since it can be confusing to choose a life insurance policy here, it is a good idea to speak with someone that you can trust. The team at Don Allred Insurance can give you the guidance and support that you need to choose a new policy. Don Allred Insurance is able to do this by assessing your situation and helping you build a personalized plan.