Archive for February 2014

The Deadline for Open Enrollment is Coming — Don’t Miss it Or You’ll Go Without Coverage

The final deadline for open enrollment for a health insurance policy is March 31st, and it will arrive much sooner than you realize. It’s important to get coverage before this date in order to avoid penalties come tax time in 2015. If you miss the open enrollment deadline, you are essentially out of luck for coverage unless you have a qualifying event. Not having a qualifying event means you’ll be without any health insurance until the next open enrollment period begins.

Note that this is the only year that goes to March 31st for signups. The problems with the Healthcare.gov’s website caused officials to extend the enrollment period to accommodate those who were unable to enroll due to technical problems. The next time that the exchanges will open up isn’t until October 15, 2014, and it closes on January 15, 2015. This is to obtain health insurance coverage for 2015.

If you are avoiding signing up because you can’t afford a policy, you may qualify for a subsidy. All tiers of coverage can have their premium cost reduced by a subsidy, and this can make a basic policy that much more affordable.

Are you in the Austin, Texas area and in search of an insurance policy? Contact the Insurance Agency of Dean Davis today. The Agency of Dean Davis is working with the expert onlinehealthexchange.com to help people get enrolled.

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Singles: Don’t Skip Life Insurance

If you are single, you may feel like the life insurance commercials do not apply to you. As it turns out, singles have many people depending on them, too. So you need the right coverage to provide for them if the worst should happen to you.

When you are younger, insurance rates are much cheaper for you. You may not need as much, but you can add to your coverage as the years pass. Think about those who could benefit from your insurance policy. If you have debts, how will your next of kin pay for them? Your aging parents and relatives could also use a boost. In short, think about how you want to be remembered. A life insurance policy might be just the thing to help keep your business partners solvent, or to give your family a way to keep your memory alive by benefitting others.

It can be hard to know what coverage is best for you. If you need assistance with your life insurance needs in Austin, Texas, contact the Insurance Agency of Dean Davis.

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Keep Your Home Safe And Secure While On Vacation

Whether you planned some short weekend trips or longer vacations, leaving your home unattended does risk attracting some burglars. However, you can implement some home safety measures to prevent burglary and keep the home secure.

Before you leave, stop newspaper deliveries and mail to reduce visual clues that the home is vacant. Setting your lights on a timer so that they come on at night will also help make it look like someone is in the home.

Never post on social media that you are on vacation as it only advertises to burglars that no one is home. Also, make sure that all alarms and locks get set before you leave the house.

Do not start the dishwasher on your way out in case it leaks and your floor gets left to sit in water while you are away. Consider shutting off the water to your washing machine before leaving as a way of preventing any leaks from it.

For information on homeowners insurance in the Austin, Texas, area, contact the Insurance Agency of Dean Davis today.

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How to Track and Manage the Expenses for Your Small Business

Many people believe that you can cut corners and take short cuts when it comes to running a small business.  The truth to this matter is that you cannot.  Running a small business is just like running a big business, small business owners should be aware of a few things that will help them manage the expenses of their small business.

Staying Organized

When it comes to tracking and managing the expenses of a business, the first thing that you should do is get organized.  If you are organized, it will be easy for you to keep a record of financial instances for your business.  Staying organized will help you in the long run, especially around tax time.

Separation

As a small business owner, you need to know how to separate business finances from personal finances.  If you do not separate the two, you may find yourself in debt for a number of reasons.  It will be in your best interest to open a bank account for your business and one for personal use.

Dig In the Paperwork

Many business owners do not like the sight of paperwork or the thought of completing it, but in the event of any legal matters, it all comes down to what is present on paper.  This is one reason why you should make sure that you stay on top of your paperwork.  Keep all of your documents and files in a folder and create a copy online for safe keeping.  You should have at least three copies of each document that involves your business.

For more information regarding business insurance in the Austin, Texas area, contact Insurance Agency of Dean Davis today!

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Men Gaining Ground in Gender Longevity Gap

In the United States the life expectancy of women is still greater than that of men. But the gap between the genders has shrunk markedly in the 20 years covered by a study performed by the Institute of Health Metrics and Evaluation (IHME).

This study’s data indicated that between 1989 and 2009, men’s average life expectancy improved by more than four and a half years, to age 76.2. The average life expectancy for women also improved, but by only about half as much, to age 81.3. So women’s advantage in the gender longevity gap has shrunk during that period from 7.0 to 5.1 years.

There are many influential factors, but if this rate were to remain constant, men would have the longevity advantage in a little more than 54 years–in the year 2068.

According to Boston University’s New England Centenarian Study, there are three behaviors men typically have engaged in more consistently than women. These behaviors are indulging in smoking, high-cholesterol foods, and internalizing stress. This study demonstrated a correlation between a reduction in these habits and an increased life expectancy.

The IHME study indicated that men on average have adopted healthier habits and are less obese, as well as more likely to do two very important things:  Exercise and treat cardiovascular disease indications. During the same 20 year period of the study, the number one cause of death for women became cardiovascular disease.

For more information on increasing life expectancy, or for questions about life insurance, contact the Insurance Agency of Dean Davis, serving satisfied clients throughout Texas.

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Don’t Miss The Affordable Care Act Open Enrollment Deadline

If you have not yet signed up for health insurance under the Affordable Care Act, then you still have a little time left. The open enrollment period runs through March 31, 2014, and after that date you are unable to obtain health insurance for the 2014 year. Other deadlines are just for an effective date earlier in the year with this being the final deadline.

The only way that you can get health insurance after this period is if you have a qualifying life event, such as a marriage, death or loss of other coverage. It is important to note that this is the only year that open enrollment goes through the end of March. For 2015, the open enrollment period starts on October 15, 2014 and ends on December 7, 2014.

You may even qualify for a tax subsidy that helps lower the cost of your health insurance under the Affordable Care Act.

For more information on health insurance in the greater Austin, Texas area, contact the Insurance Agency of Dean Davis today. The agency and health insurance expert onlinehealthexchange.com can get you signed up for health insurance now.

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