Your Cover Online
Home  |  About  |  Articles  |  Reports  |  Links  |  Site Map    
Welcome to Your Cover Online!
Insurance Articles
•
•
•
•

Home
:: About Us
:: Contact Us
:: Article
:: Reports
:: Links
:: Site Map

Related Links

Small Boat Insurance

Courier Insurance

Payment Protection Insurance

Marina Insurance

Loading Bay Equipment
Why Don`t Insurance Companies Reward Us for Being Healthy?
By Daryl Kulak


Insurance is always a gamble, a bet actually.

You are betting that you?ll eventually get sick or hurt. And your insurance company is betting that you?ll stay healthy.

If you stay healthy your whole life, but still pay into insurance, that?s great for the insurance company. Actually, it?s great for you too, because you got to be healthy for your whole life. But you still lost the bet.

So an insurance company is never going to reward you for being healthy. That?s not the terms of the bet.

But here?s a secret.

You can reward yourself.

Here?s how. Open a Health Savings Account (HSA). Put as much money as you can into it. Tell your insurance company that you want to raise the deductible on your insurance policy as high as it will go. The deductible is the amount you have to pay before the insurance finally kicks in.

Now sit back and relax. You are completely covered for any healthcare crisis. You can use the HSA money for the small stuff and your insurance policy will kick in for the big stuff.

But?

If you don?t get sick or hurt, the money will stay in the HSA. Then you?ll put in the same amount next year, and it will sit there again. Earning interest, too.

After a while of being healthy, year-after-year, you?ll have tens of thousands of dollars sitting there.

And when you retire, your HSA turns into an IRA ? individual retirement account. You can take the money out and live on it.

And guess what? It?s your reward for staying healthy. You rewarded yourself for staying healthy, and simultaneously covered yourself just in case you did get sick along the way.

Happy retirement!

For more information about this article and/or the author visit http://www.healthoffthegrid.com

For more information, news and articles see:

Courier Insurance - Courier Insurance
...e quite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services....
Visit Courier Insurance...

Payment Protection Insurance - Payment Protection Insurance
... due to the global economic downturn, there is a real concern for many people regarding the security of their job with the threat of being made redundant ever increasing. The biggest fear for many is ...
Visit Payment Protection Insurance...

Car Gap Insurance - Car Gap Insurance
... I had never heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the e...
Visit Car Gap Insurance...

Jet Ski Insurance - Jet Ski Insurance
...time now in the UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilarating experience and ...
Visit Jet Ski Insurance...

Marina Insurance - Marina Insurance
... insurance you may well have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you th...
Visit Marina Insurance...

Dock Levellers - Dock Levellers
...your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibility, and you are able to place the...
Visit Dock Levellers...

Gap Insurance - Gap Insurance
...hat gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event ...
Visit Gap Insurance...

Hgv Courier Insurance - Hgv Courier Insurance
...insurance that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; the...
Visit Hgv Courier Insurance...

Ppi Claims - Ppi Claims
...ou felt pressured into taking out payment protection insurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite underst...
Visit Ppi Claims...

Loading Bay Equipment - Loading Bay Equipment
...oading Bay Equipment for our clients. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effectiv...
Visit Loading Bay Equipment...
Click For More Detailed Information on:
Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map
Copyright © 2003-2010. All Rights Reserved.


Valid CSS!