Q: What is the Medicare’s Annual Enrollment Period ?  
A:  Medicare Annual Enrollment Period is from October 15th – December 7th.  Decisions made during this time typically go into effect January 1st of the next calendar year. 

Medicare Life Annuities insurance in Asheville

Frequently Asked Questions

Q:  If I have a Medicare Supplement when can I change plans?
A: Medicare Supplements can be changed anytime during the year, as long as your current health qualifies.

​​​Q:   Do you charge a fee for your services?  
A:    No, there are no fees. 

​​​Q:   Do you offer services to people not on Medicare?  
A:    Yes, I offer coverage to people of all ages.

Insurance Definitions

Accident Insurance

  • Accident - an insurance policy that provides coverage, singly or in combination, for death, dismemberment, disability, or hospital and medical care caused by or necessitated as a result of accidental body injury or specified kinds of accident.
  • Accidental Death & Dismemberment - an insurance contract that pays a stated benefit in the event of death and/or dismemberment caused by accident or specified kinds of accidents.
  • Accident Only or AD&D - policies providing coverage, singly or in combination, for death, dismemberment, disability, or hospital and medical care caused by or necessitated as a result of accident or specified kinds of accidents. Types of coverage include student accident, sports accident, travel accident, blanket accident, specific accident or accidental death and dismemberment (AD&D).


  • Fixed Annuity ​is a contract issued by an insurance company in which the insurance company makes fixed dollar payments to the annuitant for the term of the contract, usually until the annuitant dies.  The insurance company guarantees both the earnings and the principal.
  • Indexed Annuity is a special class of annuities that earns interest on your contributions based on a specified equity-based index.

Dental Insurance
Policies providing only dental treatment benefits such as routine dental examinations, preventive dental work, and dental procedures needed to treat tooth decay and diseases of the teeth and jaw.

Limited benefit expense policies. Provides benefits for hearing exam and hearing aids.

Life Insurance

  • Final Expense Life Insurance policies  are meant to cover funeral and other end-of-life expenses.  They are really like most other life insurance policies, meaning you can get them in a wide range of coverage amounts. However, you can usually get a policy with a death benefit value as low as $5,000 (best for basic funeral expenses) and as high as $50,000.
  • Term Insurance is a life insurance policy payable only if death of insured occurs within a specified time, such as 5 or 10 years, or before a specified age.
  • Renewable Term Insurance is insurance that is renewable for a limited number of successive terms by the policyholder and is not contingent upon medical examination.
  • Universal Life UL is a type of permanent life insurance.  Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.
  • Whole Life Insurance is life insurance that may be kept in force for the duration of a person's life and pays a benefit upon the person's death.  Premiums are made for the same time period.  Generally, whole life insurance will accrue a cash surrender value after it has been in force for a certain number of years.   

Living Benefits Rider
A rider attached to a life insurance policy providing long term care for the terminally ill.

Long-Term Care
A policy with services that include medical and non-medical care provided to people who are unable to perform basic activities of daily living, like dressing or bathing. Long-term supports and services can be provided at home, in the community, in assisted living, or in nursing homes. Individuals may need long-term supports and services at any age. Medicare and most health insurance plans don’t pay for long-term care.

Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-State Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).

  • Medicare Advantage Plan - An HMO, PPO, or Private Fee-For Service Plan that contracts with Medicare Advantage Prescription Drug Plan, also includes drug benefits. The plan may provide extra coverage such as vision, hearing, dental, and/or health and wellness programs. Medicare pays a fixed amount for insured's care every month to the companies offering Medicare Advantage plans.
  • Medicare Part D Prescription- Stand-alone Part D coverage written through individual contracts; stand-alone Part D coverage written through group contracts and certificates; and Part D coverage written on employer groups where the reporting entity is responsible for reporting claims to the Centers for Medicare & Medicaid Services (CMS).
  • Medicare Supplements - Insurance coverage sold on an individual basis to help fill the "gaps" in the protections granted by the federal Medicare program. This is strictly supplemental coverage and cannot duplicate any benefits provided by Medicare. It is structured to pay part or all of Medicare's deductibles and co-payments. It may also cover some services and expenses not covered by Medicare. Also known as “Medigap" insurance.

Short-Term Disability Income
A policy that provides a weekly or monthly income benefit for up to five years for full or partial disability arising from an accident and/or sickness.

Short-Term Medical
A policy that provides major medical coverage for a short period of time, typically 30 to 180 days. These policies may be renewable for multiple periods.

Travel Coverage
Covers financial loss due to trip cancellation/interruption; lost or damaged baggage; trip or baggage delays; missed connections and/or changes in itinerary; and casualty losses due to rental vehicle damage. Medical Protection - accident, sickness and medical expenses. Emergency and medical 

Limited benefit expense policies. Provides benefits for eye care and eye care accessories. Generally provides a stated dollar amount per annual eye examination. Benefits often include a stated dollar amount for glasses and contacts. May include surgical benefits for injury or sickness associated with the eye.