Maine is a New England gem with picturesque waterways, stunning coastline, rolling mountains heavily forested interior, exquisite seafood, and endless opportunities to enjoy the great outdoors. Commercial fishing, agriculture, and forestry are Maine’s economic drivers, along with tourism and outdoor recreation. With a modest population of roughly 1.4 million, Maine offers up plenty for folks to love and enjoy. Where there are people, there’s always the need for insurance services.
You Matter Insurance & Financial Group is proud to be a leading provider of insurance services in Windham, Maine, and committed to providing all our customers with the best insurance product. We offer these insurance services:
Services Provided
We have 4 different insurance services available. Each type fills a different need, so let’s take a closer look!
- Whole life insurance. This type of permanent life insurance policy is designed to protect your family by securing benefits that can be used to cover end-of-life expenses or death benefit, as well as cash value that can be withdrawn or borrowed for an emergency as long as you continue to pay the premium on the policy. Whole life insurance carried a fixed premium for the entire length of
your policy and as such, your premium payments will never increase. This policy is tax-advantaged and you can earn dividends on the policy. - Term life insurance. Term life insurance is a policy that offers a death benefit and could provide financial protection for your family should you pass. However, the term life policy is only good for a certain period, or a term, which could be 10, 25, 20, or 30 years. This is an affordable insurance policy that can help cover costs such as car loans, college costs, and other expenses that are temporary.
Premiums are fixed and typically nonrefundable unless your policy has a “return of premium” stipulation.
- Mortgage protection insurance. Mortgage protection insurance is a type of term life insurance policy that is designed to provide coverage to pay off a mortgage. If the policyholder dies, suffers an accident, becomes disabled or unemployed as a result of redundancy, the policy will pay off the entire mortgage or a portion of the balance. In the process, it protects equity, ownership, and possession of the home for those loved ones you’d have left behind.
- Medicare. Medicare is a federally regulated health insurance program meant for individuals 65 and older. It consists of Part A, Part B, Part D. Medicare beneficiaries in Maine have different options available for them to choose from. Coverage options include Original Medicare covering Part A (hospital insurance) and Part B (medical insurance) benefits. A Medigap (Medicare Supplement) insurance plan can be used to help cover Original Medicare out-of-pocket costs, from copayments to deductibles. Medicare Advantage plan is offered by a private Medicare-approved insurance company and provides additional benefits, including Part D prescription drug coverage. An individual can also qualify for Medicare at any age through disability or having specific conditions, like end-stage renal disease or Lou Gehrig’s disease.
Why Choose You Matter?
There are many ways to protect your family today so that they can be worry-free in the future, and You Matter Insurance & Financial Group help you with all your insurance needs. We can answer all your insurance questions, from premium costs to policy benefits. You can trust us to have your back and help you get the insurance protection that you need.