Get Covered Before the Deadline
We’re in the final days of Medicare Open Enrollment. It’s time to wrap up your review of available health plans and enroll by December 7, 2019. Remember, your health coverage will begin January 1, if you choose a plan by the deadline. If you still have questions, our senior health staff can assist you. Call 1-800-259-5300.
Open enrollment for healthcare through the marketplace ends December 15, 2019. If you do not select coverage by the deadline, you will be unable to get healthcare coverage for 2020 unless you qualify for a Special Enrollment Period. Coverage for plans sold during open enrollment will start January 1, 2020.
_________________________________________________________________________
Know Your Options
It’s a good idea to add a review of your insurance coverage to your New Year’s to-do list. Here are a few life events that may require re-evaluating your coverage.
Have you rented an apartment?
Your landlord's insurance covers repairs to the building, but not your personal belongings. Make sure your possessions are protected against theft, fire and other events typically covered in a homeowner's policy, with renters insurance.
With all property insurance, it is a good idea to take photos or videos of your possessions. Creating a home inventory makes the process easier. Discuss valuable antiques, artwork or jewelry with your agent or company to determine proper coverage.
In addition to covering your belongings, renters insurance typically includes liability coverage in case someone is injured in your home.
Did you buy a house?
In addition to insuring your personal property, make sure you have enough insurance to rebuild your home should disaster strike. Standard homeowners insurance does not cover damage from floods or water coming up from the drains. While it is possible to purchase a rider for sewer backup, it will not cover you for flood. In order to protect against floods you need to purchase separate insurance for those disasters.
Have you remodeled your house?
If you have major improvements to your home, let your insurance company know. If as part of the renovation you purchased furniture, electronics, hot tub or pool let your insurance company know and add those items to your home inventory.
Do you have a teenage driver?
It is generally cheaper to add a teenager to the family auto policy than purchasing a separate policy. Children with good grades and those who take driver's education courses are usually eligible for a discount.
_________________________________________________________________________
Holiday Safety Tips
Don’t let a grinch ruin your Christmas. While you’re out shopping this holiday season, remember to lock your car doors. It only takes a minute to protect your valuables. Here are a few safety tips.
- Lock your car doors and close the windows.
- Park in a well-lit area.
- Keep your valuables out of sight.
- Never leave your vehicle’s engine running unattended.
Watch this video to learn more about avoiding auto theft.
__________________________________________________________________________________________
Stay Connected with the LDI
Keep up with tips and news from the LDI, including newsletters, press releases and videos, by connecting with us through social media.