Usually, wills can be written by any person over the age of 18 who is mentally capable, commonly stated as "being of sound mind and body.". Illinois Health Insurance is affiliated with Florida Health Insurance Company. By purchasing a life insurance policy now, you can make sure your familys finances will be taken care of after youre gone. These brokerage firms offer advice on the best kind of plan to choose, options for reducing premiums, different deductible options, and other aspects such as co-payments and co-insurance. Illinois health insurance companies offer competitive options and rates for Illinois citizens. This amount is scheduled to gradually increase from $1,000,000 in 2002/2003 to $3,500,000 in 2009 so that it will eventually shield $3,500,000 in gift or estate transfers from tax per taxpayer. Life and Health Insurance Agents makes the client understand about various policies schemes and helps them to select policy that suits clients financial and personal situation. To get free quotes and learn more about insurance please visit the following recommended sites. Many websites and advocates of insurance (to include myself) recommend having a minimum of $100,000 for bodily injury protection per person and at least $300,000 for property damage costs and physical injury costs. Despite the differences between these two different kinds of life insurance policies, one thing remains the same both term life insurance policies and whole life insurance policies will pay your beneficiaries, usually your family members, a certain amount of money in the event of your death. You should make sure that all your financial professionals (stockbrokers, accountants, financial planners) and banks have a signed copy. ---Federal estate taxes will generally be due if the net taxable estate is worth more than $1,000,000. By purchasing a life insurance policy now, you can make sure your familys finances will be taken care of after youre gone. Although wills are simple to create, about half of all Americans die without one (or Intestate). There are also several health insurance brokerage companies that offer health insurance options from multiple companies. The end of your life is something you probably don't want to dwell on, but thinking about what will happen to your loved ones and your assets and personal possessions is important. It is a separate document that authorizes someone you name to act in accordance with your financial intentions. Insurance is divided into two main categories: health and life and property and casualty. Nowadays customers can buy life and health insurance policy online through a reputed health insurance agent. Discuss your wishes as reflected in your living will with family members, and be sure all your doctors have a signed copy. Quotes can be obtained directly from the insurance company by submitting some basic information. An online application can be forwarded to insurance company by online Life and Health Insurance Agent. A power of attorney for health care (health care proxy) is not a part of your will. Fortunately this article outlines the auto liability insurance state minimums that you are required to have in order to legally drive in the United States. Some of the most popular health insurance companies in Illinois are: Assurant Health, Celtic, Unicare, Fortis Health, Blue Cross/Blue Shield, Golden Rule Insurance, Aetna, AIG, Allianz, Fort Dearborn, Guardian, HPA, Humana, ING, John Hancock, Metlife, Pacific Life, Transamerica, United Healthcare, Zurich and United Security Life and Insurance Co. And once your will is drafted, you won't have to think about it again unless something significant in your life changes. If the Virginia health insurance agent does not want you to send payment directly to the health insurance company, you should contact the health insurance company immediately. Fortunately this article outlines the auto liability insurance state minimums that you are required to have in order to legally drive in the United States. Without a will to indicate your wishes, the court steps in and distributes your property according to the laws of your state. Wills are not just for the rich; the amount of property you have is irrelevant.