Frequently asked questions

You are eligible for Medicare at age 65. You can enroll during your Initial Enrollment Period (IEP), which is a seven-month window beginning three months before your 65th birthday, including your birthday month, and ending three months after. If you qualify due to a disability, you may be eligible before age 65.

You can enroll in Medicare through the Social Security Administration (SSA). If you’re already receiving Social Security or Railroad Retirement Board (RRB) benefits, you’ll be automatically enrolled in Medicare Part A and Part B. If not, you can apply online at the SSA website, by phone, or at your local Social Security office.

If you miss your Initial Enrollment Period, you can sign up during the General Enrollment Period (GEP), which runs from January 1 to March 31 each year, with coverage starting on July 1. However, you may face a late enrollment penalty for Part B and Part D if you didn’t have credible coverage.

If you do not enroll in Medicare Part B when you are first eligible and do not have credible coverage, you may face a lifetime late enrollment penalty. The penalty is 10% of the standard Part B premium for each 12-month period you were eligible but did not enroll.

It depends on the size of your employer. If your employer has fewer than 20 employees, Medicare will be the primary payer, so it’s advisable to enroll in Part B. If your employer has more than 20 employees, you can delay enrolling in Part B without penalty, as long as you maintain credible coverage.

You should drop your group health coverage and enroll in Medicare Part B when you stop working or your employer coverage ends. You will have an eight-month Special Enrollment Period (SEP) to sign up for Part B without a penalty. The SEP starts when your employment ends or when you lose your group health coverage, whichever comes first.

Yes, you can keep your employer group health coverage if you’re still working and eligible for Medicare. However, Medicare will coordinate with your group health plan, and your group health plan may be the primary payer if your employer has 20 or more employees. You can delay Medicare Part B without penalty as long as you have credible coverage through your employer.

You may not need Medicare Part D if your employer coverage includes credible prescription drug coverage. Credible coverage means it’s as good as or better than Medicare’s prescription drug coverage. If your coverage is not credible, you should consider enrolling in Part D to avoid a late enrollment penalty.

Yes, you can switch from a Medicare Advantage plan back to Original Medicare during the Annual Enrollment Period (AEP), which runs from October 15 to December 7 each year. You can also switch during the Medicare Advantage Open Enrollment Period (January 1 to March 31) if you’re already enrolled in a Medicare Advantage plan.

We have license to provide Medicare and life insurance solutions in 11 states: AL, CO, FL, GA, IL, NC, NM, NY, SC, VA, and WV. 

 Life insurance provides financial protection for your loved ones after you pass away, but it can also serve other purposes. Some life insurance policies offer benefits while you’re still alive, such as helping cover long-term care expenses or providing a lump sum if you’re diagnosed with a critical or chronic illness.

Yes, certain life insurance policies, such as those with long-term care (LTC) riders, allow you to access a portion of the death benefit to pay for long-term care services like nursing home or in-home care. This can be a helpful resource to offset the costs of care not covered by Medicare.

In order to give you life quotes, we prefer to speak with you to learn more about your health history, lifestyle, and the purpose of the life insurance.   That way we will have an idea of which carrier we should run the quote from.   

Life insurance policies with chronic illness riders provide an accelerated death benefit. This means you can receive a lump sum payment while you’re still alive if you’re diagnosed with a chronic illness. These funds can be used for medical expenses, home care, or any other needs you may have during your illness.

An accelerated death benefit allows policyholders to access a portion of their life insurance death benefit early if they are diagnosed with a terminal, chronic, or critical illness. The funds can be used for medical expenses, care costs, or even daily living expenses, providing financial relief when needed most.

Yes, some life insurance policies offer living benefits through critical illness riders. If you suffer from a serious health condition such as cancer, heart attack, or stroke, you may be able to receive a portion of the policy’s benefit to help cover your living expenses, including mortgage payments, bills, and other financial obligations.

Yes, policies with critical illness riders provide access to funds if you are diagnosed with a severe health condition, such as cancer, heart disease, or major organ failure. These funds can be used for medical treatment or living expenses, such as mortgage payments or utilities, to ease the financial strain during recovery.

Life insurance with living benefits offers financial protection as you age, helping cover long-term care, chronic illness, or critical illness expenses. It ensures that, even if your health deteriorates, you can access funds from your policy to maintain your quality of life and avoid dipping into your savings or retirement funds.

Yes, there are so many ways you can use it but it all depends what type of the policy you have.   if you have a permanent policy, you can take a loan against your own policy or cash out the entire policy for its cash value which can then be put towards home care.

If your  policy has chronic illness riders, you can take cash advance from the death benefit to pay for home modifications (e.g., wheelchair ramps or safety equipment) or in-home care services after filing the claims and receiving the benefits. This helps you remain in your home while receiving the necessary care to live comfortably and safely.