Choosing Between Low- and High-Deductible Health Plans

February 03, 2020 by First Federal Bank

Look beyond the premiums and deductibles associated with high- and low-deductible health plans to figure out which option will serve your physical, mental and financial health best.

Topics: Insurance

Insurance Terms Defined: Premiums, Deductibles, and Everything in Between

January 10, 2020 by First Federal Bank

Insurance is a must if you own a home, rent an apartment, invest in a condo or if you drive a car. Health insurance and life insurance are non-negotiables, as well. The world isn’t perfect and since bad things happen, insurance is an important safety net, helping to protect your home, auto and possessions. Knowing that you need insurance is a...

Topics: Insurance

Insurance Policies Every Small Business Should Have

November 12, 2019 by First Federal Bank

Obtaining the proper insurance coverage is one of the most important steps you can take to ensure the success of your small business. No matter what products you sell or services you provide, carefully assess all the risks your business might face and consider purchasing these key policies to preserve your peace of mind — and your profits.

Topics: Business Banking, Small Business, Insurance

Health Savings Accounts: Choosing the Right One

October 02, 2019 by First Federal Bank

Health Savings Accounts have a wealth of benefits. They can help you save on taxes, aid in bolstering your retirement fund and earn tax-free interest on your savings. Thanks to this trifecta of benefits, Forbes contributor John Goodman claims that no other savings vehicle can top an HSA. However, different HSAs are tailored to different needs....

Topics: Saving Money, Budgeting, Insurance

How to Appeal a Denied Health Insurance Claim

September 24, 2019 by First Federal Bank

Dealing with insurance red tape adds complications no one wants when facing a health issue. To receive a denial on your insurance claim, even after you’re feeling better, can be exceptionally frustrating. To help avoid unwanted stress on your finances and your peace of mind, consider the following methods to appeal a denied health insurance...

Topics: Saving Money, Insurance