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Best Life Insurance Companies in Dearborn

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Acova Insurance Agency, Inc. logo
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License Verified:

License: 10212986

Michigan Department of Insurance and Financial Services

Acova Insurance Agency, Inc.

3156 Fort Street, Lincoln Park, MI 48146
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  • Life Insurance
  • Health Insurance

Business Description

Acova Insurance Agency, Inc., is a company that offers life insurance coverage to clients in Dearborn and the surrounding areas. In addition to life insurance, which consists of universal life, whole life, and term life, the company offers health insurance policies such as vision, dental, Medicare, and group medical. It also provides a wide variety of insurance plans such as auto, homeowners, and commercial insurance. In addition, it extends its coverage to clients needing legal services for identity theft, surety bonds, and commercial drivers.

License Verified:

License: 10212986

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (31)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Big John Insurance Agency, LLC. logo
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License Verified:

License: 16165726

Michigan Department of Insurance and Financial Services

Big John Insurance Agency, LLC.

Dearborn, MI
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  • Life Insurance

Business Description

Big John Insurance Agency is a full-service insurance agency owned by Paul Grosshans that services locals near Dearborn. The agency assists individuals and families select and secure insurance plans that offer coverage for their future goals. The most common life insurance plans Big John Insurance Agency assists with are term life and whole life or permanent life insurance. It also offers supplemental insurance coverage for short-term disability, accident indemnity, critical illnesses, and vision or dental needs.

License Verified:

License: 16165726

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (6)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Bob Zakar logo
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License Verified:

License: 971331

Michigan Department of Insurance and Financial Services

Bob Zakar

936 North Telegraph Road, Dearborn, MI 48128
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  • Life Insurance
  • Health Insurance

Business Description

Bob Zakar has been a State Farm agent since 1974, providing life insurance policies to customers in Dearborn and the nearby communities. State Farm offers term life, whole life, and universal life insurance policies. It also has the capabilities of helping clients change their policies and beneficiaries. Bob also helps clients secure auto, home, and business insurance. In addition, clients may consult him for various financial services. Bob is a member of the Dearborn Area Chamber of Commerce and the HFC Foundation.

License Verified:

License: 971331

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.0 / 5 (74)
Facebook
5.0 / 5 (16)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
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Detail
––
Champagne Agency logo
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License Verified:

License: 16794440

Michigan Department of Insurance and Financial Services

Champagne Agency

18555 Fort Street, Riverview, MI 48193
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  • Life Insurance
  • Long Term Care

Business Description

Champagne Agency is an insurance agency that serves clients in Dearborn. It offers a wide range of life insurance policies, including term life, unit-linked insurance, participating insurance, and non-participating insurance. It also offers various types of insurance products, such as car insurance, long-term care insurance, and flood insurance. The agency is a member of the Strategic Insurance Agency Alliance. Owner and principal agent Tamara Champagne specializes in small business coverage. She has been providing insurance services for 22 years.

License Verified:

License: 16794440

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Facebook
4.0 / 5 (179)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Daly Merritt Insurance logo
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License Verified:

License: 17926640

Michigan Department of Insurance and Financial Services

Daly Merritt Insurance

3099 Biddle Avenue, Wyandotte, MI 48192
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  • Life Insurance

Business Description

Formed in 1971, Daly Merritt Insurance is an insurance company affiliated with AssuredPartners that serves clients in the Wyandotte and Dearborn areas. The company leverages its access to national insurance carriers to provide clients with a wide array of personal and business insurance solutions. These range from individual life and property insurance to commercial casualty and property insurance. The company and its insurance professionals also have experience serving various industries, such as manufacturers and construction companies, with their insurance needs.

License Verified:

License: 17926640

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Facebook
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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––
Drew Doran logo
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License Verified:

License: 16828410

Michigan Department of Insurance and Financial Services

Drew Doran

3601 West Road, Trenton, MI 48183
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  • Life Insurance
  • Health Insurance
  • Whole Life Insurance
  • Long Term Care
  • Term Life Insurance

Business Description

Drew Doran is a third-generation insurance agent of State Farm who serves individuals, families, and businesses in Dearborn. He helps and advises clients with finding and purchasing insurance products that fit their future goals and needs. One of the services he offers is life insurance policies, the most common of which are term life and whole life or permanent life insurance. Additionally, Doran also offers other types of insurances, including home, auto, and property insurance.

License Verified:

License: 16828410

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Facebook
4.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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E.W. Smith Agency logo
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License Verified:

License: 958238

Michigan Department of Insurance and Financial Services

E.W. Smith Agency

1717 Fort Street, Wyandotte, MI 48192
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  • Life Insurance

Business Description

E.W. Smith Agency is a small, family-owned insurance agency in Dearborn founded in 1917 by Edgar Smith. The firm assists clients in shopping for policies across auto, home, business, renters', and life insurance. It has partnered with Frankenmuth, AAA, Progressive, The Hartford, Auto-Owners, and Citizens to provide prospective policyholders with a broad range of options. Over the last century, the firm has grown into one of the biggest independent agencies in Southeast Michigan, managing 65 agents and employees.

License Verified:

License: 958238

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (78)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Family Auto Insurance Agency logo
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License Verified:

License: 18176462

Michigan Department of Insurance and Financial Services

Family Auto Insurance Agency

6442 Michigan Avenue, Detroit, MI 48210
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  • Life Insurance
  • Health Insurance

Business Description

Founded in 2012, Family Auto Insurance Agency is a provider of group life insurance products for clients in Dearborn. It offers term life insurance that benefits various types of groups, including employees of companies and members of unions, associations, and superannuation funds. It also caters to businesses applying for group health, disability, dental, and vision insurance policies. In addition, its team carries supplemental and accidental insurance plans that pay for the expenses not covered by the policyholder's regular insurance.

License Verified:

License: 18176462

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
3.0 / 5 (38)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Goodwin, Lademan & Associates, Inc. logo
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License Verified:

License: 0020307

Michigan Department of Insurance and Financial Services

Goodwin, Lademan & Associates, Inc.

6736 Allen Road, Allen Park, MI 48101
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  • Life Insurance

Business Description

Goodwin, Lademan & Associates, Inc., is an independent agency providing personal and business insurance in Southeastern Michigan, including Dearborn, since 1999. It offers life insurance, health insurance, pet insurance, casualty insurance, disability insurance, and property insurance. Its team of agents designs insurance programs and then markets them to various self-insured groups, managing agencies, and insurance companies. The company represents American Modern, Blue Cross Blue Shield of Michigan, Delta Dental of Michigan, Humana, The Hartford, and UnitedHealthcare

License Verified:

License: 0020307

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Howey & Associates Insurance logo
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License Verified:

License: 962338

Michigan Department of Insurance and Financial Services

Howey & Associates Insurance

22333 Allen Road, Woodhaven, MI 48183
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  • Life Insurance
  • Health Insurance

Business Description

Serving Dearborn, Howey & Associates Insurance is an independent insurance agency providing services to clients in the metro. It offers life insurance products such as term life insurance, whole life insurance, universal life insurance, group life insurance, worksite life insurance, and key man insurance. The company also has business and commercial insurance options including business income, commercial auto, professional liability, cyber liability, and employment practices liability insurance. Howey & Associates Insurance was established in 1953.

License Verified:

License: 962338

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Yelp
4.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
J.C. Moczydlowsky logo
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License Verified:

License: 0595054

Michigan Department of Insurance and Financial Services

J.C. Moczydlowsky

21647 Allen Road, Woodhaven, MI 48183
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  • Life Insurance
  • Health Insurance

Business Description

J.C. Moczydlowsky is a licensed, multi-line insurance agent at Farm Bureau Insurance. He introduces clients in Dearborn to a wide range of insurance products and services, including two types of life insurance, term life and whole life. Moczydlowsky also offers health, auto, home, business, and farm insurance. He additionally provides insurance coverage for crops and handles various types of retirement planning solutions, including SIMPLE IRA and traditional IRA. Moczydlowsky attends continuing education courses to further expand his insurance expertise and better serve his clients.

License Verified:

License: 0595054

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Lademan Insurance Agency logo
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License Verified:

License: 960201

Michigan Department of Insurance and Financial Services

Lademan Insurance Agency

16093 Eureka Road, Southgate, MI 48195
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  • Life Insurance

Business Description

Lademan Insurance Agency is an independent company serving businesses, families, and individuals in the Dearborn metro. It is a life insurance service provider that helps clients acquire whole, term, and universal coverages. Additionally, the company's insurance professionals offer other personal and business policies such as home, motorcycle, auto, workers' compensation, and fleet insurance. Lademan Insurance Agency is a family-owned business that has been providing insurance solutions since 1947. It supports the Animal Resource Funding Foundation to give back to the community.

License Verified:

License: 960201

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.0 / 5 (94)
Facebook
4.0 / 5 (49)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Lifestyle Safety logo
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License Verified:

License: 18121727

Michigan Department of Insurance and Financial Services

Lifestyle Safety

19304 Wyoming Avenue, Detroit, MI 48221
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  • Life Insurance
  • Health Insurance

Business Description

Lifestyle Safety provides life insurance policies that cover funeral expenses for the deceased, funds for medical needs, college fees, mortgages, and income replacements for clients in Dearborn. It also offers options for premium waivers and in the event of accidental deaths. Clients can choose a coverage that doubles once their children reach the age of 18. Lifestyle Safety's agent Janine N. Davis has more than 15 years of industry experience. She also has background in handling actuarial and underwriting policies.

License Verified:

License: 18121727

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (47)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
London Consulting and Insurance Firm logo
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London Consulting and Insurance Firm

15400 Grand River Avenue, Detroit, MI 48227
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  • Life Insurance

Business Description

London Consulting and Insurance Firm is an independent insurance agency that serves clients in Dearborn. It offers life insurance options for individuals, including whole life insurance, term life insurance, and child life insurance policies. It has also formed partnerships with several insurance companies, including MetLife, Progressive, and Safeco Insurance. The founder, Stephanie Coney, has developed an interest in customizing life insurance packages for clients since working in the insurance industry in 2000. She is also experienced in workers' compensation, general liability, and disability insurance contracts

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Mercure Insurance Agency Inc. logo
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License Verified:

License: 0005525

Michigan Department of Insurance and Financial Services

Mercure Insurance Agency Inc.

22200 Huron River Drive, Rockwood, MI 48173
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  • Life Insurance
  • Health Insurance

Business Description

Mercure Insurance Agency Inc. has been providing life insurance solutions to clients in the Dearborn area since 1980. The company assists clients plan or purchase term or permanent life insurance, as well as convertible policies. It also offers various personal insurance products, including homeowners, auto, boat, motorcycle, and flood coverages. Commercial products are also provided, such as cyber, umbrella, and general liability, in addition to workers' compensation and marine insurance. Moreover, it is a Trusted Choice agency.

License Verified:

License: 0005525

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Facebook
4.9 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Noel Selewski Agency Inc. logo
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License Verified:

License: 964520

Michigan Department of Insurance and Financial Services

Noel Selewski Agency Inc.

15206 Mack Avenue, Grosse Pointe Park, MI 48230
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  • Life Insurance

Business Description

Since 1979, Noel Selewski Agency Inc. has been offering life insurance products to the Dearborn area. It also provides various types of insurance products for individuals seeking protection for their loved ones, wealth, and assets. These include home, auto, rental, commercial, umbrella, and content insurance services. Additionally, the agency is available for dwelling property, rental condo, tenant-occupied, and real estate-owned insurance products. Its sole proprietor owner, Noel Selewski, has worked for the John Hancock insurance company.

License Verified:

License: 964520

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (6)
Google
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Robert Loomis & Associates logo
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License Verified:

License: 0008416

Michigan Department of Insurance and Financial Services

Robert Loomis & Associates

131 Kercheval Avenue, Grosse Pointe Farms, MI 48236
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  • Life Insurance
  • Health Insurance

Business Description

Robert Loomis & Associates is a full-service independent insurance agency that operates out of Dearborn. With over 50 years of experience, it provides life, health, home, auto, and business insurance coverage in 20 different states. The agency's insurance solutions are customized to fit client specifications and needs, regardless of what stage they are in life. The agents have insurance policies that protect individuals and families, as well as business owners and their corporate organizations. Rober Loomis & Associates only works with ACA-compliant providers.

License Verified:

License: 0008416

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Smith Insurance Group logo
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License Verified:

License: 962149

Michigan Department of Insurance and Financial Services

Smith Insurance Group

8258 Allen Rd, Allen Park, MI 48101
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  • Life Insurance
  • Health Insurance

Business Description

Smith Insurance Group is an Allen Park-based agency that extends its services to individuals, families, and business owners in the Dearborn metro and nearby communities. It is an independent agency that helps clients obtain life insurance policies that include universal, whole, and term coverages. Additionally, the company deals with other personal and business plans, such as homeowners', renters', classic car, builders' risk, and cyber liability insurance. Smith Insurance Group has been providing insurance solutions since 1903.

License Verified:

License: 962149

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Helpfulness
Detail
The Dearborn Agency logo
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License Verified:

License: 958572

Michigan Department of Insurance and Financial Services

The Dearborn Agency

22691 Michigan Avenue, Dearborn, MI 48124
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  • Life Insurance
  • Health Insurance

Business Description

The Dearborn Agency is a life insurance firm that has been serving the metro's residents since 1924. The agency is equipped with more than 80 years of industry experience which makes it the oldest insurance company in Dearborn. The Dearborn Agency offers life and health insurance products, as well as personal and business insurance policies to its clientele. The agency also covers automobile, home, and umbrella policy insurance while also handling workers' compensation and business income insurance.

License Verified:

License: 958572

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.9
Google
3.0 / 5 (39)
Facebook
5.0 / 5 (37)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Mustapha Family Agency logo
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License Verified:

License: 0448077

Michigan Department of Insurance and Financial Services

The Mustapha Family Agency

10619 West Warren Avenue, Dearborn, MI 48126
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  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

Business Description

The Mustapha Family Agency is an independent insurance firm in Dearborn. It provides different kinds of life insurance coverages, including term life insurance and whole life insurance. The company also offers property insurance policies covering homes, condo units, rental properties, personal articles, and flood damages. Some of its other offerings are vehicle insurance plans for auto, motorcycles, and boats. Owner Ghada Mustapha has over 10 years of professional experience in the industry.

License Verified:

License: 0448077

Michigan Department of Insurance and Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
3.8 / 5 (112)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

Which is better, term or whole life insurance?

Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

How much life insurance do I need?

A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

How does life insurance work?

The details of how life insurance works depend on your individual plan, but the basics are as follows: 

  • You pay a premium to purchase the insurance. Typically the premium is paid monthly, but it could be rolled into quarterly, bi-annual, or annual payments. 
  • As long as you are meeting or have met premium obligations, if you pass away, the insurance company makes the agreed-upon payment to the beneficiaries you designated. 
  • Beneficiaries usually have to provide the insurance company with a death certificate to receive their payments.

How much is life insurance?

The cost of life insurance ranges widely. Term life insurance can cost as little as a few dollars a day, and whole life insurance can cost thousands per month on the high end. Factors that impact the cost of your life insurance include whether you're choosing term life insurance or whole life insurance, your age, how much coverage you want, your overall health, and your gender.

Is life insurance taxable?

Life insurance proceeds are the funds paid via your plan to your beneficiaries if you pass away. These are also called death benefits. Typically, these are not considered income for taxes. If you take out cash value from a whole life insurance investment and the amount exceeds how much you paid in premiums, the difference may be considered taxable income.


Can I buy health insurance that is not Obamacare?

When people say "Obamacare insurance," they typically mean insurance within the health insurance marketplace. You can get health insurance outside of the marketplace by going through your employer, choosing COBRA coverage if you leave your job, or buying a short-term health insurance policy through an insurance agent. ACA-compliant plans meet all the benefits and coverage requirements of the Affordable Care Act. But you may be able to find supplemental or short-term coverage that simply provides peace of mind for major medical expenses.

Can I buy health insurance anytime?

To buy health insurance in the marketplace, you must purchase it within open or special enrollment periods. But you can purchase short-term coverage to bridge the gap between now and the next open enrollment period. These plans are meant to be used for less than a year. You can purchase them online or via insurance agents, but they may not be ACA-compliant.

Who should buy supplemental health insurance?

Supplemental health insurance is a product that helps cover the cost of services that your primary health insurance policy doesn't. One popular option is secondary insurance that helps cover some of the costs associated with high deductibles. Medicare supplemental insurance is also popular. Medicare doesn't cover everything, and older adults on a limited income can face large prescription or medical bills after Medicare pays. Supplemental insurance helps reduce those patient costs.

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