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Best Life Insurance Companies in Rochester Hills

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Action Insurance Service logo
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License Verified:

License: 958352

Michigan Department of Insurance and Financial Services

Action Insurance Service

45445 Mound Road, Utica, MI 48317
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  • Life Insurance
  • Health Insurance

Business Description

Action Insurance Service is an independent, full-service insurance firm that comprises professionals who are committed to providing services with excellence and establishing trust with clients. The firm has been providing financial and insurance services to clients in Rochester Hills for more than 50 years. It specializes in products such as auto, business, life, health, and home insurance. Its life and health insurance options include plans that cover disability income, vision, self-insured health, and pension plans. Its life insurance has an insurable interest, which is included when purchasing life insurance for another person.

License Verified:

License: 958352

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 (10)

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
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Adam Smith logo
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License Verified:

License: 16113080

Michigan Department of Insurance and Financial Services

Adam Smith

58904 Van Dyke Avenue, Washington, MI 48094
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  • Life Insurance
  • Health Insurance

Business Description

Adam Smith is a life insurance agent who serves the Rochester Hills area. He and his team connect with customers and walk them through term, whole, and universal life insurance options. He also provides advice on other coverage types, including home, property, auto, and pet insurance, as well as financial matters like banking and mutual funds. Adam Smith is a Macomb County Chamber of Commerce member and a Business Administration graduate. In addition, he speaks Spanish, Arabic, French, Hindi, and Portuguese.

License Verified:

License: 16113080

Michigan Department of Insurance and Financial Services

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
Aitken & Ormond Insurance & Risk Management logo
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License Verified:

License: 959664

Michigan Department of Insurance and Financial Services

Aitken & Ormond Insurance & Risk Management

33970 23 Mile Road, New Baltimore, MI 48047
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  • Life Insurance

Business Description

Aitken & Ormond Insurance & Risk Management is an independent insurance company that handles term life and whole life insurance solutions. Serving the community of Rochester Hills, it provides access to various carriers to give its clients the freedom to select the most fitting insurance coverage for their needs and goals. Its agents strive to offer objective advice and recommendations, as well as assistance during the claim process. Aitken & Ormond Insurance & Risk Management has three offices in New Baltimore, Grosse Pointe, and St. Clair.

License Verified:

License: 959664

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 (11)
Yelp
5.0 / 5 (2)

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
––
Beck Insurance Agency logo
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License Verified:

License: 959669

Michigan Department of Insurance and Financial Services

Beck Insurance Agency

8344 Hall Road, Utica, MI 48317
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  • Life Insurance

Business Description

Beck Insurance Agency has been providing insurance solutions to individuals and families in Rochester Hills since 1939. It is a family-owned and independent firm offering life insurance plans. Its insurance agents review existing coverages and provide counsel in cases where policy updates are needed, ensuring that the policyholder is adequately covered should the unexpected happen. Additionally, the agency furnishes auto, homeowners, renters, RV, and motorcycle insurance. Business insurance, such as general liability, workers' compensation, and cyber liability are also available.

License Verified:

License: 959669

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 (24)
Facebook
5.0 / 5 (8)
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
Responsiveness
Friendliness
Helpfulness
Detail
Beth Shutko logo
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License Verified:

License: 6985566

Michigan Department of Insurance and Financial Services

Beth Shutko

36391 26 Mile Road, Lenox, MI 48048
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  • Life Insurance
  • Health Insurance

Business Description

Beth Shutko is an insurance agent offering its services to the residents of Rochester Hills. She offers life insurance, home, property, auto, and business. Beth is a State Farm agent and is also the head of The Beth Shutko State Farm Team established in 2008. Her team has a combined experience of over 20 years and sponsors local community organizations. She also offers pet, health, mutual funds, annuities, and banking insurance. Beth is a notary in the State of Michigan.

License Verified:

License: 6985566

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
Facebook
4.0 / 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
Blackmore-Rowe Insurance logo
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License Verified:

License: 0005613

Michigan Department of Insurance and Financial Services

Blackmore-Rowe Insurance

6235 Corunna Road, Flint, MI 48532
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  • Life Insurance
  • Health Insurance

Business Description

Established in 1915, Blackmore-Rowe Insurance is a family-owned independent insurance agency that serves Flint and surrounding Michigan areas, including Rochester Hills. It partners with multiple insurance carriers and offers a variety of coverage solutions such as life and health insurance, home and auto insurance, commercial property insurance, general liability insurance, cyber liability insurance, and beekeeper insurance. It also offers specialized business insurance solutions such as farm, contractor, school, restaurant, and non-profit insurance. Blackmore-Rowe Insurance is licensed in 10 states and has 5 community memberships.

License Verified:

License: 0005613

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.
4.6
Facebook
4.7 / 5 (20)
Google
4.0 / 5 (16)
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
Responsiveness
Friendliness
Helpfulness
Detail
Brian Lane logo
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License Verified:

License: 1903189

Michigan Department of Insurance and Financial Services

Brian Lane

21250 Hall Road, Clinton Township, MI 48038
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  • Life Insurance
  • Health Insurance

Business Description

Brian Lane is a Farm Bureau multi-line insurance agent serving clients in Rochester Hills and the rest of Michigan. He offers term and whole life insurance plans, as well as commercial insurance products for business auto and worker's disability compensation. He also provides health insurance policies for homeowners, farmers, and retirees. Crop insurance is also available. Lane strives to improve his services by attending continuing education programs. He is also a Life Underwriter Training Council Fellow.

License Verified:

License: 1903189

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
Yelp
5.0 / 5 (3)

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
––
Cadili Insurance Agency, Inc. logo
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License Verified:

License: 4598345

Michigan Department of Insurance and Financial Services

Cadili Insurance Agency, Inc.

55075 Van Dyke Avenue, Shelby Township, MI 48316
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  • Life Insurance
  • Health Insurance

Business Description

Cadili Insurance Agency, Inc., is an independent company serving the Rochester Hills metro. It is a life insurance provider that offers term, whole, variable, annuity, and universal coverages. Additionally, the business helps individuals and families acquire other plans, such as auto, umbrella, home, long-term care, and Medicare Supplement insurance. It also deals with financial planning services that include traditional IRA and 401k insurance coverages. Cadili Insurance Agency has been providing insurance solutions for more than 50 years.

License Verified:

License: 4598345

Michigan Department of Insurance and Financial Services

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
––
Community Insurance Center logo
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License Verified:

License: 19788983

Michigan Department of Insurance and Financial Services

Community Insurance Center

932 South Lapeer Road, Oxford, MI 48371
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  • Life Insurance
  • Health Insurance

Business Description

Community Insurance Center has been providing insurance and financial services to clients in the Rochester Hills area for over 40 years. It offers life and health insurance for individuals and businesses. It also provides insurance to personal properties such as auto, watercraft, motorcycles, motor homes and RV; as well as homes, condos, and rentals. Umbrella insurance, identity theft protection, and valuable items coverage are also offered. Community Insurance Center also caters to specialty insurance coverage for golf courses and contractors.

License Verified:

License: 19788983

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 (22)

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
––
Del Barba Insurance logo
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Del Barba Insurance

9787 Dixie Highway, Anchorville, MI 48004
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  • Life Insurance
  • Health Insurance

Business Description

Del Barba Insurance is a family-owned and family-operated company that has been serving families, individuals, and businesses in the community of Rochester Hills and its surrounding areas since 1962. It offers a wide range of insurance coverages that includes life, homeowners', health, and automobile insurance. The company creates customized insurance solutions to protect its clients' businesses from worker's compensation to general liability. In addition, its independent insurance agents also work with multiple carriers to provide customers with bill pay and online claims 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 (30)

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
Duncan Insurance logo
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License Verified:

License: 15996636

Michigan Department of Insurance and Financial Services

Duncan Insurance

72980 Fulton Street, Armada, MI 48005
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  • Life Insurance

Business Description

Duncan Insurance is an independent personal insurance agency committed to delivering customized solutions for individuals and families in Rochester Hills. Its team of agents has over 100 years of cumulative experience in the industry and maintains relationships with several insurance companies. They help clients review the wide range of available life insurance options and create a tailor-fit package that answers their unique needs and fits their budget. Additionally, the agency provides commercial and farm insurance policies.

License Verified:

License: 15996636

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.
4.6
Facebook
5.0 / 5 (19)
Google
4.0 / 5 (12)

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
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 has been in the life insurance industry since 1917, serving the insurance needs of Rochester Hills residents and the surrounding areas. It has helped clients in acquiring suitable policies for auto, home, business, and life insurance policies over the last 100 years. They offer two life insurance options, namely term insurance and permanent insurance, to fit the specific needs of policyholders. It represents a number of insurance companies from which clients can choose specific products, these carriers include Frankenmuth, Foremost, Grange, and Progressive.

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.
4.5
Google
4.0 / 5 (16)
Yelp
3.0 / 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
Envision Insurance logo
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License Verified:

License: 18402925

Michigan Department of Insurance and Financial Services

Envision Insurance

38221 Mound Road, Sterling Heights, MI 48310
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  • Life Insurance
  • Health Insurance

Business Description

Envision Insurance is an independent insurance agency that serves clients in Rochester Hills. It offers various types of life insurance policies that include whole life, term life, universal life. It also offers other insurance products, such as home, auto, group health, and business insurance. Its partnership with several insurance companies, including Liberty Mutual, Humana, and Progressive, has allowed Envision Insurance to offer a wide range of insurance options for clients. Tony Saco serves as the agency's president.

License Verified:

License: 18402925

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 (487)
Facebook
5.0 / 5 (27)

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
Michigan Insured Insurance Agency logo
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License Verified:

License: 0117420

Michigan Department of Insurance and Financial Services

Michigan Insured Insurance Agency

805 Oakwood Drive, Rochester, MI 48307
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  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

Business Description

Michigan Insured Insurance Agency is an insurance company whose mission is to help customers in Rochester Hills find the right life insurance coverage to secure their and their family's future. Its life insurance options include universal, term, and whole life insurance plans. Established over 10 years ago, the agency also offers home, car, and business insurance coverages. With a goal to provide quality and convenient service, its team strives to help clients in each step of the insurance process.

License Verified:

License: 0117420

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)
Facebook
5.0 / 5 (3)

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
Mike Bashore logo
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License Verified:

License: 7822699

Michigan Department of Insurance and Financial Services

Mike Bashore

930 West Avon Road, Rochester Hills, MI 48307
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  • Life Insurance

Business Description

Mike Bashore is a State Farm insurance agent that provides insurance services to local individuals and businesses of Rochester Hills and surrounding communities. He provides insurance services like term life insurance, universal life insurance, whole life insurance, motorcycle insurance, renters insurance, and homeowners insurance. Additionally, he provides additional insurance services like business owner's policy, surety and fidelity bonds, workers' compensation, contractors' policy, commercial auto insurance, and liability umbrella. Mike began his career with State Farm in 2003.

License Verified:

License: 7822699

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 (207)
Facebook
5.0 / 5 (34)
Yelp
3.0 / 5 (7)

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
Ryan Insurance Independent Agency logo
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License Verified:

License: 8861962

Michigan Department of Insurance and Financial Services

Ryan Insurance Independent Agency

7151 North Main Street, Clarkston, MI 48346
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  • Life Insurance

Business Description

Ryan Insurance Independent Agency is a family-owned full-service insurance firm that delivers its services to clients in Rochester Hills and the neighboring communities. The insurance agency offers guidance to clients planning for their future by providing them with life insurance products that include term life and universal life insurance. It also provides clients with options for personal umbrella insurance policies that protect clients from liabilities and lawsuits. Additional products include home and auto insurance plans.

License Verified:

License: 8861962

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 (11)

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 Benefits Group logo
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License Verified:

License: 12259059

Michigan Department of Insurance and Financial Services

The Benefits Group

2550 South Rochester Road, Rochester Hills, MI 48307
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  • Life Insurance

Business Description

The Benefits Group is a full-service employee benefits agency serving Rochester Hills since 1978. It offers mainly health insurance products like dental and vision insurance for groups and individuals as well as employee health insurance. Its team designs benefit plans according to the clients' specific needs. Its other services include disability, travel, and life insurance. The Benefits Group is a benefits provider of the Michigan Mental Health Counselor’s Association. The agency has also received awards of excellence from companies like Humana and The Guardian.

License Verified:

License: 12259059

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 (126)

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
Thomas S. Raymond Agency, Inc. logo
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License Verified:

License: 960802

Michigan Department of Insurance and Financial Services

Thomas S. Raymond Agency, Inc.

67920 Van Dyke, Romeo, MI 48065
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  • Life Insurance

Business Description

Serving Rochester Hills, Thomas S. Raymond Agency, Inc. provides a range of insurance solutions to clients in the metro. It offers personal insurance products such as life insurance, disability income insurance, auto insurance, recreational vehicle insurance, high-risk auto insurance, and personal umbrella insurance. The company also has business insurance coverage options like property insurance, commercial auto insurance, commercial general liability insurance, workers’ compensation insurance, and bonds. Thomas S. Raymond Agency, Inc. was established in 1939.

License Verified:

License: 960802

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.
4.1
Facebook
4.0 / 5 (6)
Google
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
Responsiveness
Friendliness
Helpfulness
Detail
Total Insurance Agency Services logo
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License Verified:

License: 10426551

Michigan Department of Insurance and Financial Services

Total Insurance Agency Services

7044 Gateway Park Drive, Clarkston, MI 48346
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  • Life Insurance
  • Health Insurance

Business Description

Total Insurance Agency Services offers its services to clients in Rochester Hills and its nearby areas. It provides life, health, home, and pet insurances. It also addresses business and auto insurance concerns, as well as annuities. Its team of insurance professionals focuses on customizing coverage to address its clients' concerns and necessities. The agency is a member of the Michigan Association of Insurance Agents. Total Insurance Agency Services has been in operation for over 105 years.

License Verified:

License: 10426551

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
2.0 / 5 (3)

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
Verlinde Insurance Agency logo
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License Verified:

License: 958640

Michigan Department of Insurance and Financial Services

Verlinde Insurance Agency

68364 Main Street, Richmond, MI 48062
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  • Life Insurance

Business Description

Verlinde Insurance Agency is a locally owned independent business providing life insurance solutions to clients in Rochester Hills. The company helps clients protect their families from financial hardships by providing various life insurance options, including term, whole, and universal life. It aims to ensure that the clients understand each option to help them chose the coverage that benefits them the most. Additional services, such as auto, home, and business insurance, are provided. Moreover, Verlinde Insurance Agency works with clients in wealth management.

License Verified:

License: 958640

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 (225)
Facebook
5.0 / 5 (167)

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.

Read all FAQs