There are quite a few medical services that are covered on a typical Arizona health insurance policy that do not require having to meet the policy’s annual deductible first. Per federal law, Affordable Care Act (ACA) well-care visits such as physicals must be covered at no charge to the policyholder. Most ACA policies cover office […]
Within the last two years major changes have occurred in the way a typical Arizona term life insurance policy is underwritten. Pre-COVID, life insurance companies, employing a rules-based approach, would start with assumptions of risk and predict an outcome. Today, many insurers are now using a predictive model-based strategy. Predictive models begin with outcomes and […]
Rarely will you find an individual on disability claim that believes they bought too much disability insurance. Typically, the opposite is true, the disability policyholder wishing they bought more coverage, not less. During a disability claim it is common for expenses to increase while income decreases. Issue and participation tables are used in the individual […]
