Dental Insurance
Healthy teeth and gums are an important part of your overall health. Original Medicare generally doesn't cover routine dental care, so many people add a dental plan to help with these costs.
Depending on the plan, dental insurance may help pay for:
- Routine exams and cleanings
- X-rays
- Fillings
- Crowns and bridges
- Dentures
- Other covered dental services
Some Medicare Advantage plans include dental benefits, but coverage levels vary. A stand-alone dental plan can add coverage or fill gaps.
Before choosing a plan, it's worth checking what's covered, whether your dentist participates, and any waiting periods or annual maximums.
part of a health plan
Vision Insurance
Good eyesight helps you stay safe, active, and independent. Vision insurance can help lower the cost of routine eye care, glasses, and contact lenses.
Depending on the plan, vision benefits may help cover:
- Routine eye exams
- Prescription eyeglasses
- Frames and lenses
- Contact lenses
- Other covered vision services
Original Medicare generally doesn't cover routine eye exams or glasses. Some Medicare Advantage plans include vision benefits, and you can also buy a stand-alone vision plan.
If you need regular eye exams, glasses, or contacts, a vision plan may help lower your out-of-pocket costs.
Short-Term Care Insurance
After an illness, injury, or surgery, many people need extra care while they recover. Medicare's coverage for skilled nursing care is limited, and it generally doesn't cover custodial care. Short-term care insurance can help fill that gap.
Depending on the policy, benefits may help pay for:
- Home health care
- Skilled nursing facility care
- Assisted living
- Adult day care
- Recovery and rehabilitation services
- Other covered care services
Short-term care policies usually provide benefits for up to one year. They often have simpler health questions than traditional long-term care insurance, which may make coverage easier to qualify for.
It can be a good option for anyone who wants protection for a recovery period without the cost of a long-term care policy.
Hospital Indemnity Insurance
A hospital stay can bring costs your health plan doesn't fully cover. Deductibles, daily copays, and everyday bills still add up while you recover. Hospital indemnity insurance pays a set cash benefit when you're admitted to the hospital.
Depending on the policy, benefits may help with:
- Hospital deductibles and daily copays
- Inpatient hospital stays
- Observation stays
- Skilled nursing facility stays
- Ambulance or emergency room visits
- Everyday expenses while you recover
Benefits are paid directly to you, so you can use them however you need.
Hospital indemnity insurance can be a good fit with a Medicare Advantage plan, where daily hospital copays can add up quickly. We can help you see how a policy would work with your current coverage.
Life Insurance
Life insurance helps make sure your loved ones are taken care of. It can provide money for final expenses, unpaid bills, or support for your family after you're gone.
Depending on the policy, life insurance may help cover:
- Funeral and burial costs
- Outstanding medical bills
- Mortgage or other debts
- Income replacement for a spouse
- Gifts to family or charity
- Other final expenses
There are several types of coverage. These include term life, permanent life insurance that can build cash value, and final expense policies designed for seniors. Some options have simplified underwriting or no medical exam.
The right policy depends on your age, health, budget, and what you want your coverage to do. We'll help you compare your options in plain language.
Annuities
An annuity is a contract with an insurance company that can help you grow your savings and turn them into a steady income stream during retirement.
Depending on the type, an annuity may offer:
- Tax-deferred growth
- Guaranteed interest rates
- Protection of your principal from market losses
- Guaranteed income for a set period or for life
- Death benefits for your beneficiaries
- Other contract features and riders
Common options include fixed annuities, which earn a guaranteed rate, and fixed indexed annuities, which earn interest tied to a market index without directly investing in the market.
Annuities are long-term products. They may carry surrender charges if you withdraw money early, and their guarantees depend on the financial strength of the issuing insurance company.
We'll walk you through how they work so you can decide whether one fits your retirement plans.