Life and Health Insurance Tips

When purchasing a life insurance policy, you have a minimum of 10 days from the date of delivery of the policy to review and return the policy to the insurance company for a full refund if you are not completely satisfied. 

If you decide to buy an accident and health insurance policy, you can return the policy directly to the agent or the company by certified mail within ten days of receipt of the policy for a full return of the premium paid. This only applies to individual policies, not group policies. For Medicare supplement and long-term care policies, new policyholders have 30 days to return the policy. 

There are no Medicare agents. If you receive a card or letter referring to "Medicare Information", an insurance agent may call you to discuss a policy to supplement your Medicare. 

If you are unable to find accident and health insurance coverage, health insurance is available at the market rate during Blue Cross's continuous open enrollment process. 

Health insurance for children may also be available through the Children's Health Insurance Program (CHIP). Be aware that warranties and service agreements not issued by insurance companies may not provide the same protections available as those sold by insurers.