Comments on: Take Time to Learn About Your Benefits During Open Enrollment

By: Evolution Of Wealth

Evolution Of Wealth — Mon, 12 Oct 2009 01:55:43 +0000

@calshana group life insurance is not always convertible. In fact, most of the time it isn’t. It’s also not always the cheapest thing. If you have no health issues it’s worth comparing costs with individual term coverage.

In my opinion, the second most important benefit is disability insurance. How did it not even get a mention? This is the problem with most people’s DI. They assume it’s adequate when in fact most isn’t even close.

By: Savings Accounts Girl

Savings Accounts Girl — Thu, 08 Oct 2009 20:32:55 +0000

Yup definitely agree – these are all very important – but somehow people still manage to overlook them.

By: Financial Samurai

Financial Samurai — Thu, 08 Oct 2009 05:08:47 +0000

This is a great reminder. One of the keys to look at is health insurance. This is when you can decide about high or low premiums. If you are expecting to do something major next your medical wise, change to a high premium low deductible insurance plan.

This is KEY!

Also, bulk up the flex spend if you plan to spend a lot on something like Lasik eye surgery.

By: calshana

calshana — Wed, 07 Oct 2009 01:45:08 +0000

FYI – For employer group life insurance, you always have the ability to convert it into an individual policy.

By: John DeFlumeri Jr

John DeFlumeri Jr — Wed, 07 Oct 2009 01:27:08 +0000

Yes, it’s the time to pay attention to all of it.