Raleigh, NC, July 9, 2008 – According to the Kaiser Commission on Medicaid and the Uninsured , only 9% of all long-term care expenditures, which are in excess of $150 billion per year, are being paid for by private long-term care insurance coverage. The remainder of the costs is being paid privately through the savings of family and friends or by Medicaid. The cost of long-term care is draining savings accounts of the individual and the government, but this can be prevented through increased awareness and preparedness.
“A common and understandable misconception by younger working adults is that they are healthy today and will continue to be tomorrow. They will work and build up their savings so that they may retire well and continue to care for themselves in the future. Unfortunately, this isn’t always true. The fact is that 40% of all long-term health care benefits are provided to people who are between the ages of 18 and 64,” said Reilly O’Neal, founder and president of QuoteRetriever.com.
Long-term health care policies are typically available to anyone who is currently in good health. As with all insurance plans, each provider stipulates its own eligibility requirements. A knowledgeable company, such as QuoteRetriever.com, can help younger professionals compare long-term care plans from trusted providers that suit their background and potential future needs.
The long-term care policies are used by people who are no longer able to take care of their day to day functions, such as dressing or cooking on their own. Because long-term care coverage benefits are not standardized, the details of each policy vary from one insurance company and state to the next. Generally, however, the policies provide the insured with an allowance of money to cover their care expenses by the day or by the hour. For example, the insured may receive $20/hour to cover in-home care or $200/day to cover assisted living costs.
“It is scary for someone who is 34 to think of themselves in a position where they are no longer able to do the buttons on their shirt or visit the restroom whenever they need to, but it happens all too often. When these younger professionals are forced to leave the workforce, they find themselves unprepared to handle the costs associated with having someone come to their home to assist with their care or residing in an assisted living facility. Can you imagine what it would feel like to be dealing with all of the related emotional issues of this situation and then to also be worrying about how you will pay for your care? That’s why I always tell people that it’s simply better to be prepared now: even if you don’t use your coverage today, it can always be available to you as you approach the over-65 age group where the percentage of people who need this type of care increases even more dramatically. This means, little risk today and lots of peace of mind forever,” shares O’Neal.
Locating appropriate policies can be confusing, but with the new online comparison capabilities of QuoteRetriever.com and the team of licensed specialists who support the website, younger professionals can compare quotes and sign up for the best policy quickly. They simply complete a 5-minute questionnaire online at QuoteRetriever.com and an expert delivers their personalized quotes to their inbox within 24 hours.
Don’t wait until an emergency presents itself. Be prepared by visiting QuoteRetriever.com where you will learn more about long-term care coverage and find the best policy for yourself.
Kaiser Commission. “Medicaid and Long-term Care Services.” July2006: 1. The Henry J. Kaiser Family Foundation. Menlo Park, CA. 20 June 2008 < http://www.kff.org/medicaid/upload/Medicaid-and-Long-Term-Care-Services-PDF.pdf>.
Showing posts with label insurance broker. Show all posts
Showing posts with label insurance broker. Show all posts
Wednesday, July 09, 2008
Wednesday, November 07, 2007
QuoteRetriever.com Introduces Online Insurance Quotes, The Next Generation in Shopping for Insurance Online
Raleigh, NC (PRWEB) –- QuoteRetriever.com intends to completely change the way internet visitors shop for insurance online.
“QuoteRetriever.com’s focus is to provide the opportunity for internet insurance shoppers to review quotes instantly online for all of their insurance needs including home, vehicle, life, disability, long term care, medicare supplement, health, annuity, business, and at one easy to navigate website. This resource allows visitors to receive quotes and request an application at their own pace, rather than being bothered by salespeople at an inconvenient time. We will only contact a potential client if they request we do so by giving us a day and time that is best for them.” says CEO and founder T. Reilly O’Neal.
QuoteRetriever.com offers over fifty different types of insurance products, in forty-eight states, from over one hundred and twenty five insurance carriers and partners. Of these insurance products, forty types of policies such as travel, motorcycle, and accidental death generate instant quotes online. Additionally, the site offers instant comparison quotes for over twenty-five different types of policies such as annuities, health, auto, and life insurance. Even more convenient to visitors, twenty different types of policies such as instant term and homeowners insurance policies can be applied for instantly online.
A feature that is sure to be popular, the annuity section of the website, makes comparison shopping for an annuity easier than ever. A visitor can choose from CD-type, fixed, step rate, tax sheltered, single premium immediate, multi-strategy, and equity indexed annuities. The website offers comparison shopping instantly online from over sixty-five different annuity carriers, making it easy to find the annuity with the best rate. In addition, the visitor can view carrier ratings and specific annuity product information which allows the internet shopper to make sure they purchase the best annuity available for their needs.
For shoppers looking for a life insurance policy, QuoteRetriever.com offers instant term policies underwritten by RBC Insurance. In as little as ten minutes a visitor can purchase up to $150,000 in level premium 10, 15, or 20 year term life insurance without the need for a medical exam. An individual looking to protect or provide for their loved ones can actually purchase life insurance without any assistance from an agent and print out their policy before they leave their computer. For those that desire more than $150,000 in life insurance coverage, the website offers instant online comparison quotes for level premium term, return of premium term, and universal life insurance policies from over fifty highly rated carriers.
Auto, homeowners, watercraft, health, and travel policies are also some of the types of products that can be instantly comparison quoted and purchased online, adding even more value to an already resourceful and convenient website. However, there are some types of policies offered that are too complex to be quoted online. In these situations a quote form is completed by the visitor which is electronically sent to one of QuoteRetriever.com’s licensed agents. The agent will then manually comparison shop among multiple insurance carriers, using their knowledge of the plans and carriers available, to find the best value. After finding the best rate, the quotes are sent to the client via email and a follow up call is made by the agent on the day and time requested by the client, again, avoiding the chance that the client could be inconvenienced by the call.
For products such as disability insurance, agents will comparison shop thirteen of the top disability insurance carriers in the marketplace, a valuable opportunity for those in need of disability coverage. This allows the client to avoid the need to call all of the carriers individually to get a quote, saving the shopper time and money.
“Another advantage”, says O’Neal, “is that many of the other insurance websites currently in operation actually gather information from visitors to sell to agents in the form of leads, instead of providing the opportunity for internet insurance shoppers to actually find the best policy at the best price. While in many cases this is a way for the shopper to receive multiple quotes, it is not what the visitor had anticipated. This has led to frustration on the part of the shopper.”
While there are many insurance websites that offer online insurance quotes for one or maybe even a few types of insurance products, QuoteRetriever.com is the first to offer instant online insurance quotes for all major categories of insurance, without ever leaving their site. In addition to being a valuable resource, the website is designed to be very user friendly. The navigation throughout the site is organized to make it easy for a visitor to move from product to product. In fact, a visitor is always just two clicks away from anything on the website. This means even someone who may not be internet savvy could easily take advantage of this money saving tool. A description of each product type is available by simply holding the cursor over the product tab. Carrier ratings and additional product information are also available on the site. Their knowledgeable agents are able to answer any questions a visitor or client may have should they prefer to speak with someone directly or simply have a question that is not answered on the website.“We feel like we have developed a website that will make it easier for individuals, families, and businesses to get the insurance that they need while putting the power in their hands to make sure they have found the best value and the best coverage. We are proud to be leading the way and plan to continue to find even more ways to use technology and creativity to be a better and more effective resource to our website’s visitors and to our clients.” says T. Reilly O’Neal.
Product Details:Vehicle: Auto, Watercraft, Motorcycle, and Recreational Vehicle.Home: Homeowners, Renters, Condominium, and Flood.Health: Individual, Short Term, Student, Dental, International, Critical Illness, Long Term Care, Medicare Supplement, and Group Health.Life: Level Premium Term, Return of Premium Term, Universal Life, Whole Life, Instant Term Policy, Child Policy, Senior Policy, and Accidental Death.Disability: Short Term, Long Term, and Group Disability.Business: General Liability, Umbrella Liability, Worker’s Compensation, Group Health, and Group Disability.Pet: Dog and Cat Protection Plans.Travel: Business Package, Flight Accident, Medical Evacuation, Travel Medical, and Multi-Trip Medical.Annuity: CD-Type, Fixed, Step Rate, Tax Sheltered, Equity Indexed, Multi Strategy, and Single Premium Immediate.
About QuoteRetriever.com Founded in 2004, QuoteRetriever.com (www.QuoteRetriever.com) is headquartered in Raleigh, North Carolina and is a nationwide insurance brokerage company working with more than one hundred and twenty five highly rated carriers and partners.
For more information, please contact:
T. Reilly O’Neal,
President of QuoteRetriever.com
877-306-2146
reilly @ quoteretriever.com
www.QuoteRetriever.com
“QuoteRetriever.com’s focus is to provide the opportunity for internet insurance shoppers to review quotes instantly online for all of their insurance needs including home, vehicle, life, disability, long term care, medicare supplement, health, annuity, business, and at one easy to navigate website. This resource allows visitors to receive quotes and request an application at their own pace, rather than being bothered by salespeople at an inconvenient time. We will only contact a potential client if they request we do so by giving us a day and time that is best for them.” says CEO and founder T. Reilly O’Neal.
QuoteRetriever.com offers over fifty different types of insurance products, in forty-eight states, from over one hundred and twenty five insurance carriers and partners. Of these insurance products, forty types of policies such as travel, motorcycle, and accidental death generate instant quotes online. Additionally, the site offers instant comparison quotes for over twenty-five different types of policies such as annuities, health, auto, and life insurance. Even more convenient to visitors, twenty different types of policies such as instant term and homeowners insurance policies can be applied for instantly online.
A feature that is sure to be popular, the annuity section of the website, makes comparison shopping for an annuity easier than ever. A visitor can choose from CD-type, fixed, step rate, tax sheltered, single premium immediate, multi-strategy, and equity indexed annuities. The website offers comparison shopping instantly online from over sixty-five different annuity carriers, making it easy to find the annuity with the best rate. In addition, the visitor can view carrier ratings and specific annuity product information which allows the internet shopper to make sure they purchase the best annuity available for their needs.
For shoppers looking for a life insurance policy, QuoteRetriever.com offers instant term policies underwritten by RBC Insurance. In as little as ten minutes a visitor can purchase up to $150,000 in level premium 10, 15, or 20 year term life insurance without the need for a medical exam. An individual looking to protect or provide for their loved ones can actually purchase life insurance without any assistance from an agent and print out their policy before they leave their computer. For those that desire more than $150,000 in life insurance coverage, the website offers instant online comparison quotes for level premium term, return of premium term, and universal life insurance policies from over fifty highly rated carriers.
Auto, homeowners, watercraft, health, and travel policies are also some of the types of products that can be instantly comparison quoted and purchased online, adding even more value to an already resourceful and convenient website. However, there are some types of policies offered that are too complex to be quoted online. In these situations a quote form is completed by the visitor which is electronically sent to one of QuoteRetriever.com’s licensed agents. The agent will then manually comparison shop among multiple insurance carriers, using their knowledge of the plans and carriers available, to find the best value. After finding the best rate, the quotes are sent to the client via email and a follow up call is made by the agent on the day and time requested by the client, again, avoiding the chance that the client could be inconvenienced by the call.
For products such as disability insurance, agents will comparison shop thirteen of the top disability insurance carriers in the marketplace, a valuable opportunity for those in need of disability coverage. This allows the client to avoid the need to call all of the carriers individually to get a quote, saving the shopper time and money.
“Another advantage”, says O’Neal, “is that many of the other insurance websites currently in operation actually gather information from visitors to sell to agents in the form of leads, instead of providing the opportunity for internet insurance shoppers to actually find the best policy at the best price. While in many cases this is a way for the shopper to receive multiple quotes, it is not what the visitor had anticipated. This has led to frustration on the part of the shopper.”
While there are many insurance websites that offer online insurance quotes for one or maybe even a few types of insurance products, QuoteRetriever.com is the first to offer instant online insurance quotes for all major categories of insurance, without ever leaving their site. In addition to being a valuable resource, the website is designed to be very user friendly. The navigation throughout the site is organized to make it easy for a visitor to move from product to product. In fact, a visitor is always just two clicks away from anything on the website. This means even someone who may not be internet savvy could easily take advantage of this money saving tool. A description of each product type is available by simply holding the cursor over the product tab. Carrier ratings and additional product information are also available on the site. Their knowledgeable agents are able to answer any questions a visitor or client may have should they prefer to speak with someone directly or simply have a question that is not answered on the website.“We feel like we have developed a website that will make it easier for individuals, families, and businesses to get the insurance that they need while putting the power in their hands to make sure they have found the best value and the best coverage. We are proud to be leading the way and plan to continue to find even more ways to use technology and creativity to be a better and more effective resource to our website’s visitors and to our clients.” says T. Reilly O’Neal.
Product Details:Vehicle: Auto, Watercraft, Motorcycle, and Recreational Vehicle.Home: Homeowners, Renters, Condominium, and Flood.Health: Individual, Short Term, Student, Dental, International, Critical Illness, Long Term Care, Medicare Supplement, and Group Health.Life: Level Premium Term, Return of Premium Term, Universal Life, Whole Life, Instant Term Policy, Child Policy, Senior Policy, and Accidental Death.Disability: Short Term, Long Term, and Group Disability.Business: General Liability, Umbrella Liability, Worker’s Compensation, Group Health, and Group Disability.Pet: Dog and Cat Protection Plans.Travel: Business Package, Flight Accident, Medical Evacuation, Travel Medical, and Multi-Trip Medical.Annuity: CD-Type, Fixed, Step Rate, Tax Sheltered, Equity Indexed, Multi Strategy, and Single Premium Immediate.
About QuoteRetriever.com Founded in 2004, QuoteRetriever.com (www.QuoteRetriever.com) is headquartered in Raleigh, North Carolina and is a nationwide insurance brokerage company working with more than one hundred and twenty five highly rated carriers and partners.
For more information, please contact:
T. Reilly O’Neal,
President of QuoteRetriever.com
877-306-2146
reilly @ quoteretriever.com
www.QuoteRetriever.com
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