For over 30 years, Don Allred Insurance has helped Burlington, NC residents find insurance coverage. We proudly serve the community as an independent insurance agency. We assess each of our client’s situations to help them find the right policy for their needs.

Common Health Insurance Mistakes

Health insurance allows you to enjoy a comfortable lifestyle. The policy covers you as you seek treatment in the event that you become ill. Health insurance also covers your preventative care, such as your yearly checkups with your doctor. Health insurance also covers different types of medication that your doctor may prescribe to help you feel better. While you research different policies, avoid some of these common mistakes.

Neglecting Deadlines

The biggest mistake to avoid while researching coverage is neglecting deadlines and potentially missing out on your enrollment opportunity. Keep in mind that there is an open enrollment period every year where you can sign up for a new policy or amend your current policy. If you forget the enrollment deadlines, you may be stuck with your existing coverage.

Making Sure That Your Doctor Is In The Network

Every health insurance policy includes a specified network of primary care physicians and doctors that you are allowed to visit under the terms of your policy. If your doctor falls outside of the network, you may have to inquire about another policy or you can choose to amend your current one. Networks change regularly and you want to avoid being locked into a local Burlington, NC health insurance policy that you aren’t comfortable in.

Failing To Plan For The Future

As you research different policies, don’t forget to think about how things may change in the future. Things may change as you progress through life. Perhaps an accident causes your health to change. It’s important to plan for the future.

Don Allred Insurance Will Help You Find Coverage

Visit our website today to learn more information about health insurance.

Life insurance is an important part of most people’s financial portfolio. It provides peace of mind that your loved ones will be taken care of in the event of your death. Making sure it is active and will provide the protection you are counting on is important. At Don Allred Insurance in Burlington, NC, we have more than 40 years of experience minimizing our customer’s risks. As an independent agency, we can offer the finest in service and place customer’s needs first. 

Non-payment

The most common reason for life insurance to be canceled is non-payment. It can happen to anyone but letting your life insurance premium go unpaid is never a wise idea if you plan to keep the policy. Most companies will allow a 30-day grace period after the due date for you to make the payment. If there are extenuating circumstances you might be able to get an additional 30 days before your policy lapses. If you have a whole life policy you do have some other options. You may be able to use your dividends to pay your policy. Your policy may have a waiver of premium rider. If you have cash value that can also be used to offset your premiums. 

If you are having financial difficulties by all means contact your agent and discuss your options. It may be you need to get a less expensive term policy to get you through the difficult times. 

Fraud

Insurance companies take a very dim view of any attempt to defraud them. Never lie on your application. If you have pre-existing conditions that you fail to include on your application, they will cancel your policy if it is discovered. Even worse is the fact they can refuse to pay a claim if the fraud is discovered. 

Contact Don Allred Insurance in Burlington, NC for all your insurance needs.