Laura Peery

Final Expense Insurance: The Conversation Nobody Wants to Have But Everyone Needs Most people don't think about funeral costs until they have to. By then, it's too late to do much about it. A funeral today averages between $7,000 and $12,000. Add a cemetery plot, flowers, and a reception, and you're easily at $15,000 or more. Those costs don't wait for your family to get their finances in order. They come due within days. The Real Problem When someone passes away without a final expense plan,...

"Self-Insuring" Is a Myth: The Reality of Self-Funding People often say they're "self-insuring" when they decide not to buy long-term care insurance. But here's the truth: self-insuring doesn't exist in this context. It's a myth. What they're actually doing is self-funding, and there is a big difference. Self-funding simply means you're not transferring risk to an insurance company. You're keeping it. But that doesn't automatically mean you have a strategy. You might just be hoping that...

What to Do If You Lose Your Medicare Advantage Plan Imagine opening your mailbox and finding a letter that says your Medicare Advantage plan won’t be available next year. No negotiation, no appeal — just a notice that your insurer is leaving, and you need to figure something out before January 1. That’s what recently happened to tens of thousands of older adults in Vermont, and it’s becoming an increasingly common reality across the country. Key Takeaways: What To Know If Your Advantage Plan...