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Understanding the difference between HMO, PPO and POS

Which health insurance plan is best for you? Let Insurance.com help you find affordable health insurance now. Health maintenance organizations (HMOs), preferred provider organizations (PPOs), and point-of-service plans (POS) are all types of managed health care. The purpose of managed care is to provide members with access to a comprehensive system of medical care that offers savings…

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Why your life insurance is key to financial planning for your special-needs child

Financial planning for any family is complicated, but the challenges rise to a new level when a child has special needs. "Parents are not only planning for their family's needs and retirement, but for well beyond their lifetimes," says Linda Hunter Suzman, a Special Care Planner with MassMutual Financial Group in Seattle. The process, including buying life…

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Term life insurance vs. permanent life insurance: Is cash value the best value?

If you're looking for life insurance, aside from considering how much you need, you'll find the need to understand and possibly choose between the two basic types: term life insurance and cash value life insurance. The main difference between the two is that term life insurance covers you relatively inexpensively for a set period, whereas cash…

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