Better Accounting now offers a variety of long-term planning solutions. Business owner’s often feel they don’t have the time to think about their future because they need to keep their company running in the present. Better Accounting believes that dedication to your company shouldn’t mean postponing your future which is why we now offer retirement solutions, in addition to life and health insurance, to help all of our clients optimize their present for a successful future, at an affordable price.
The benefits of permanent insurance include:
Think of a term policy as renting insurance where a permanent policy is buying insurance. The benefit of term insurance is that the premiums during the covered period are more affordable than permanent insurance. However, should the insured choose to renew their term insurance the premiums will often increase significantly, because the insured is now older and statistically more likely to die.
Health insurance is often seen as unnecessary by the young and relatively healthy. However, a single uninsured trip to the hospital starts at an average of $3,949 and $15,734 if the injured party needs to stay overnight. It’s true that health insurance does not cover 100% of these expenses, but insurance does limit the amount an individual can pay out of pocket and will reduce the cost from thousands down to hundreds.
Small business owners who lack access to corporate insurance accounts may feel that there is no affordable way for them to access health insurance. Insurance options in the U.S. are often extremely complicated and Marketplace insurance, or Obama Care, is commonly unaffordable for those with an average middle-class or higher income. There are other options available which are significantly more affordable than Obama Care and can cover your entire family.