In my quest to find life insurance, I took a look at Aflac since I know they have life insurance policies. My husband’s employer currently doesn’t have it, but perhaps he could be persuaded to look into it if a few employees expressed interest. So I went to their website to learn a little bit more.
I was surprised to see that you can obtain policies through Aflac as an individual! Last I knew you needed to have an employer participating to obtain a policy. I spoke with the representative this week and and received a few quotes on Term Life Insurance, Accident Insurance and Dental Insurance. Unfortunately, Vision is not available to individuals and that was one policy I was interested in (remember how my frugal glasses broke? I still haven’t bought new glasses yet).
The price for Dental seemed pretty high for us. My husband has teeth of steel and has never had a cavity in his life. My teeth haven’t been so fortunate and I’ve lost two molars since the birth of my son (I seem to remember hearing about the women in my family having problems with their teeth after pregnancy). If the insurance would help cover the cost of replacing my lost teeth I would be inclined to sign up. But the benefit was very low.
As for the accident insurance, that could be a good thing to obtain. But, most of it requires that you see a doctor for your injuries and we tend to take care of our own injuries unless they seem really serious. There’s one time I fell down my stairs and I thought for sure I broke something. It hurt so bad that it was the first and only time I smoked a cigarette in my house. If I had health insurance, I probably would have gone to the emergency room that night and who knows what tests and remedies I would have been given. In that case, Aflac probably would have been great to have. But since we do not have insurance, I toughed it out. I sure hurt for the next few days but I healed and had the biggest, blackest bruise I ever saw in my life!
The term life insurance was reasonably-priced to another quote I received through AAA Michigan. A big benefit of Aflac Life Insurance is that there is no health exam or blood test, just some questions. I am concerned that having an insurance company check our overall health could uncover something that could hinder obtaining health insurance (not sure if that’s true - but it’s a concern of mine).
One thing to note is that while Aflac does offer some policies to individuals, you will pay more than if your employer offered it. I learned a lot about the Aflac policies and if I had more money to spend per month and if I was a little older, I may be more inclined to purchase other policies besides term life insurance. Right now, our money has to be spent wisely and strategically used for things that help protect us in the event of something catastrophic happening. And that puts life insurance and health insurance at the top of the list of things to get.
I still have to read through all of the fine print, but I thought I would write about the individual policies in case anyone was thinking about Aflac but their employer doesn’t offer it. This is by no means a recommendation about Aflac since I have yet to purchase their services.Â
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Posted: July 20th, 2006 at 2:28 pm
So much to say, cause I am a big mouth and a mom. Decided it would be better
to post my big mouth motherly advice.
http://divorce2financialfreedom.blogspot.com/2006/07/insurance-is-must.html
Posted: July 21st, 2006 at 3:43 pm
[...] Tricia of Blogging Away Debt just moved her blog away from blogspot (Congratulations!) so give her new place a good breaking in. As for interestingness, I found her experience with AFLAC (think of the duck that keeps yelilng AFLAC but no one pays attention) pretty informative. [...]
Posted: July 21st, 2006 at 11:45 pm
Thanks D! My mom reads my blog so I’m sure she’s smiling cause you’re telling me EXACTLY what she tells me