Individual and Family Insurance
Morin Associates offers a complete line of insurance and financial
products and services ranging from life and disability income to
group life and health insurance.
Individual and family health insurance is health coverage specifically
tailored to those not covered by employer groups or organizations.
A broad selection of individual and family health insurance plans
is available. Less expensive plans may provide coverage in case of
a major accident or illness, while other plans may provide comprehensive
coverage for all your healthcare needs. These products and services are
designed to provide solutions to your personal and business financial
An annuity can help you accumulate tax-deferred earnings as part
of your overall retirement plan. Annuities offer the opportunity
for lifetime payments and tax-deferred earnings, and provide a guaranteed
death benefit for your beneficiaries. All guarantees are
backed by the continued claims-paying ability of the issuing insurance
You may want to consider investing in an annuity as part of your
long-term financial plan if:
- You're in a higher tax bracket, and want to defer additional
- You've reached your deductible limit on all your retirement accounts
and wish to save more for retirement.
An annuity is different from most other retirement savings vehicles — it's
actually a contract between you and an insurance company. In return
for making one or more premium payments, the insurance company agrees
to provide you an income stream — usually during retirement.
You can elect to receive payment all at once or as a series of payments,
even for the rest of your life.
Individual Dental Insurance is available to individuals and families that are
not covered on group dental insurance. For people without dental
insurance, cost often stands in the way of getting the care they
need to maintain the health of their teeth and gums. Even for routine
preventive care, a trip to the dentist's office could mean a substantial
amount of money out of your pocket.
A freedom-of-choice plan allows you to see any dentist you wish.
However, this plan does impose 6- to 12-month waiting periods for
some services. This is not the best plan for an individual who needs
comprehensive coverage within the first 12 months. However, if dental
coverage is desired for a long period of time, and there is no rush
to receive the major benefits, this plan may work for you.
Get a Dental Quote and Apply Now
Disability Income Protection is a must for a business owner, and
highly recommended for executives. If you are a business owner, you
should consider purchasing both group and individual policies, if
possible. As an executive, you should be sure to obtain group coverage
if it is available. Only forty three percent of large companies
provide group long term disability insurance.
Your chances are even less likely to get long term disability insurance
if you work for a small company. The cost of a plan provided by your
employer is usually less than you would pay for an individual disability
policy and often you can get coverage automatically without having
to qualify medically. If your employer doesn't provide disability
insurance then you may want to consider an individual disability
Or, you may need a personal disability insurance policy to supplement
an employer group plan. Be sure to check the group provisions carefully:
How long does the group disability insurance coverage last? How much
is the benefit? Does the disability insurance policy cover bonus
and commission income? Will the coverage continue if you leave that
A typical Individual Disability Income Protection plan starts to
pay benefits after you have been off work for 1 to 6 months, and
pays benefits for several years or until retirement age, depending
on the policy.
Individual health insurance programs are designed for individuals
and families who cannot obtain health insurance through an employer.
Due to the continually rising cost of medical care, it has become
more important to provide health insurance for you and your families.
Morin Associates offers health insurance programs to individuals
which offer extensive coverage as well as high-deductible programs
which are designed to protect against catastrophic financial losses.
As an independent agency, Morin Associates can provide
insurance plans from numerous health insurance companies. With the
health insurance market changing frequently, we are always on the
lookout for quality, service-oriented insurance companies for our
Life insurance from Morin Associates can help you secure
your family's financial future by providing the funds they need to:
cover burial expenses, uninsured medical bills, pay off your mortgage
and other outstanding debts, and maintain a comfortable standard
There are a variety of life insurance policies that we can provide.
The kind of policy you choose depends on your needs:
Term Life Insurance is a low-cost way of providing maximum coverage
for your family. Protection is provided for a limited number of
years. The insurance expires without value if the insured lives
beyond the policy period, usually 5 to 20 years. Other policy life
periods are available, including 1 year annual renewable term.
Term insurance premiums will not increase during the guaranteed
policy time period (term) you select. Term Life Insurance pays
a death benefit only if you die during that term. Term insurance
generally provides the largest insurance protection for your premium
Term Life Insurance remains in force for as long as premiums are
current, provided there are no misrepresentations on the application.
The insurance coverage terminates if you discontinue your premium
Individual Life Quote
Universal Life is characterized by great flexibility. Policyholders
can determine the amount and frequency of premium payments - i.e.,
the more you pay, the less time you will need to pay. Your premiums
cover the insurance part also the savings or investment element
and the expense part. The stated interest on the investment portion
changes along with movement in interest rates; moves in 1/4 % interest
steps are typical as banks and other financial institutions make
Individual Life Quote
Whole Life Insurance provides permanent protection for the whole
of life - from the date of policy issue to the date of the insured's
death, provided that premiums are paid. Premiums are set at the
time of policy issue and remain level for the policy's life. Unlike
term insurance, whole life combines insurance protection and savings
or cash value which builds over time. Cash value build-up may provide
a source for living benefits, for example, helping pay off a mortgage,
or a child's education, or cash surrender value if the policy is
Individual Life Quote
These products are continually changing and we can provide you with
the latest information and policies available!
Individual Long-Term Care (LTC)
Care is the type of care received either at home or in a facility,
when someone needs assistance with activities of daily living, such
as bathing and dressing due to an accident, an illness or advancing
Rising life expectancy means that the potential need for "long-term
care" grows with every passing year of your life. The likelihood
is that you or a member of your family will need long-term assistance
due to a prolonged illness, a disability, or general deterioration
of your health and ability to perform routine daily activities. Most
long term care expenses are not covered by Social Security or Medicare,
Medicare Supplement ("Medigap"), or private health insurance.
Medicaid pays for nearly half of all nursing home care, but you must
meet federal poverty guidelines and may have to "spend down" most
of your assets on health care.