Life Insurance and annuities are issued by State Firm Life Insurance Company. (Not Licensed in MA, NY, and WI) State Firm Life and Accident Assurance Company (Licensed in New York and Wisconsin) Home Office, Bloomington, Illinois. Neither State Firm nor its agents provide tax or legal advice. Please consult a tax or legal advisor for advice regarding your personal circumstances. DMV.
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To help pay for medical expenses, many people rely on their health insurance. With the passing of the Affordable Care Act, almost every American is required to enroll in a health care plan, or they face a penalty. Health insurance works similarly to other forms of insurance, although it is probably used to cover expenses more often, since car accidents and home damage are relatively rare compared to doctor visits and the need for medicine. Health insurance also operates on a premium-deductible model, and policyholders can choose what level of coverage works best for their lifestyle.
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