Category: Blogging (page 2 of 2)

Salute to Kansas City

Look around KC, and you’ll find that the city offers a lot of amenities and options for people people in the area. There are a variety of interesting local businesses to support in the city, and we would like to briefly give you a run down of a variety of businesses you might consider supporting.

As the Chiefs gear up to start their season, and the holidays are upon us, we want provide you with options of local Kansas City businesses which gain our stamp of approval.

Kansas City has it all. Whether it’s local bbq in KC to places where you can buy CBD Oil. The city boasts citizens which benefit from a relative higher standard of living to a die-hard fanbase of the Kansas City Chiefs.

Locals have options to get a wonderful massage in KC to entertaining yourself at Worlds of Fun. When any asks you, “Is there anything interesting going on around town,” you know there are always local events happening practically every single day in the city.

These are just some of the reasons why we like to call KC our home. At Alexander Group, we serve Kansas City to help by doing our part making this city a greater place to live and raise your family. Helping to assure peace in the household and assurance of a better tomorrow is what inspires us to work hard for KC everyday. If you need insurance, please contact us today!

How Health Insurance Works for Dummies

A few things in life are straightforward. Unfortunately, understanding how your personal health insurance works isn’t one of them. In this blog, we are going to make health insurance simple.

Health Insurance Basics

By having health insurance, you establish a way to pay for medicinal consideration and remedies. All health insurance plans have something called a “premium”, which is the amount of money you’ll pay for insurance inclusion. After paying a premium, you receive coverage when you need care.

The sum that you pay will rely upon whether your specialist is in your medical network. Network specialists agree to charge a specific amount for the administrations, so you will probably pay less when you use them.

Are There Processes I Need to Know?

There are some processes you will need to know, it may seem overwhelming at first, but reading your policy carefully and talking to a representative of your health insurance can alleviate any confusion. For instance, you may have a “copay” or set sum you’ll pay every time you visit your medical specialist.

There’s also the “deductible” or the amount you’ll pay in order to start your plan. You may also have something called coinsurance or the rate you pay for administrations once you achieve your deductible.

What’s more, there’ the “out-of-take limit” – the most you’ll pay for system administrations amid the year.

Let’s Talk Drugs

There are a couple things you need to realize when visiting the drug store. For one, nonexclusive medications have the same effectiveness as popular brands, but at a much more cost effective price.

Picking the Right Amount of Coverage

There are normally two kinds of health insurance plans, a conventional health insurance plan, which regularly accompanies a higher premium and lower deductible and high-deductible well being plans may have a lower premium and a higher deductible. Some high-deductible plans additionally accompany a unique record.

A health reimbursement account is subsidized by your employer and is utilized to enable you to pay for qualified restorative costs, like a visit to a specialist or an x-ray.

A health savings account is an account that gives you a change to set cash aside, tax-exempt, to spare and pay for human services costs now or later on. Please make sure to check with your manager to check whether your health insurance plan additionally offers different advantages like vision and dental inclusion or health programs.

Getting The Care You Need

To help keep you healthy, health insurance plans offer 100% payment for routing preventative consideration like a mammogram or yearly health test. In the event that you become ill or harmed, you can visit your essential consideration doctor, who knows you and your health history best, you can also see a specialist any place or whenever with a Virtual Visit on your cell phone or PC, or stop by an accommodation care facility situated in many retail locations.

Understanding health insurance doesn’t have to be hard, you just have to know the processes. Once you do that, you pick a health care plan you feel is the most cost effective.

Do you have any more questions for us about health insurance policies? We would love to help you and answer your questions.

Description of Insurance Limit Coverages and What They Mean to You

Insurance limits are the total amount that an insurance company pays for a claim within the period of the policy. The amount is always clearly spelled out in the policy agreement before coming into effect.

If you experience more losses than the written down limitations and don’t have other policies then you will bear the cost of the extra losses incurred.

These limits exist because it would be impossible for the insurance companies to cater for all the losses incurred which might run into crazily large amounts of money.

For those who feel they might need extra insurance protection, above the set limits, buy back up policies just in case you will need them.

Some of the insurance limits offered are:

Scheduled Limits

This is a type of coverage where each asset/property has its own specified limit. This insurance limit is mostly used in asset insurance. This coverage is generally used when an individual or a company owns several buildings. In this case, the owner will have to ensure each building separately.

Standard Limits

This is the most amount you can get back within the policy period, meaning you will, therefore, cater for the extra amount exceeding the standard limitation amount. This type of limitation helps the insurance companies in balancing their books by checking how much they are liable for, this is where they derive their profits from.

Out-of-pocket Limit

This is the amount a policyholder will have to pay to cater for covered medical costs within a policy year before their medical insurance pays for any extra cover. It is regulated by the Affordable Care Act to help make medical services more reasonable.

You will still require treatments or have certain health procedures that aren’t covered in your policy, meaning you may still end up paying more than the actual limit for health care costs.

Maximum Limit

This is the total amount of cash that an insurance company would have to pay over a period of time to cater for a claim made by a policyholder, this is usually within one policy year.

A discussion has risen on whether this policy should be for essential benefits like life-saving surgeries or medicating a deadly disease. In 2014 it was decided that there shouldn’t be a cap on such crucial benefits. Any educated attorney from Kansas City KS will tell you that the limits still exist on non essentials meaning you will pay out-of-pocket expenses for them once the insurer has reached the determined coverage.

Combined Single Limitation

This is a part of an insurance property stating that a single amount covers all aspects of any claim whether its injury to other persons, damage of property. If you get stuck on the specifics there are many lawyers in Kansas City that can help you gain clarity. This takes care of the entire claim payout. It is common in property insurance.


Be Careful to Not Accidentally Commit Insurance Fraud

You must always be truthful when making an insurance claim. There are people that have an accident and because they fear their insurance rates will go up, they think it’s appropriate to lie about how the accident happened or they’ll intentionally cause the accident to a piece of property they want replaced and collect the insurance money. Know that this is not only lying but is a crime. You will get caught and have to pay a criminal defense attorney in Kansas City KS to help argue your case. It’s best to not put yourself in this type of situation.


From the above information, it can be concluded that insurance limits are more advantageous to established businesses than they are to individuals, out-of-pocket policyholders actually pay more in medical covers than businesses pay in their asset/property cover. These businesses are better off with the combined single limitation cover than the scheduled limitations.

Do you have specific questions about your insurance limits? We’re here to help, let us know by email.