Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.
Feb 22, 2023, 9:52 AM
Bad credit impacts your credit-based insurance score, which may have an effect on homeowners insurance options. A credit-based insurance score is a number derived from a company-specific algorithm. The algorithm analyzes credit history to predict future claims. Insurers have identified a statistical relationship between credit and claims. Those with good credit tend to have fewer claims and pay less for insurance. Click on the link to learn more.
Feb 15, 2023, 9:34 AM
The odds of needing services from a nursing home or assisted living facility, adult day care center, or home health provider increase with age. Private health insurance doesn't cover long-term care. Medicare pays limited long-term care benefits in certain circumstances. Medicaid is for those with minimal assets. Are you prepared to pay for long-term care services out of pocket? If not, consider LTC insurance. A variety of products are available. Click on the link below to learn more.
Feb 8, 2023, 9:48 AM
Even good drivers sometimes have accidents. People often turn to an insurance company for help with crash-related expenses. Be certain you have adequate insurance protection in place before a crash occurs. Click on the link for tips to help you avoid a coverage surprise.