Researching Medicare Coverage: The Do’s and Don’ts

What upsets most about turning 65, or those first receiving Medicare coverage, is the hours they will inevitably spend researching their supplemental health coverage online. I admit, deciphering the advertisements from the objective information can be difficult, as well as finding a knowledgeable, unbiased agent to discuss your concerns and questions. If I were to guide a newly enrolled Medicare beneficiary, these are the steps I would tell them to take.

Let me back up, first. Before you turn your computer on, take a moment to admit one thing to yourself: You will need to spend time researching and learning if you want to come out the winner in this situation. My article will help you prepare for purchasing Medicare supplemental insurance most efficiently, as well as most responsibly. There is no quick-fix here. Alright, now that we have faced the music, let’s begin.

Step One: Read, take notes, and educate yourself on Medicare. I speak with people who have never touched the website, and rely on agents to give them objective, accurate information instead. This is a big no, no! You should never rely on just one person, especially a person working independently of Medicare. There is a “Publications” section on the Medicare website, and this should be your first stop… before you ever speak with an agent. The better informed you are, the easier it will be to recognize a good agent from a lousy one, as well as understanding Original Medicare and what it covers, which will better assist you in evaluating what you need to supplement. Covering this base will ultimately give you a keener eye once you begin to shop for coverage.

Step Two: After perusing the site, take a minute to look at your health and financial situation. What do you need, and how much are you willing to spend for it each month? You may have to do a little financial planning– in fact, meeting with a financial planner about your concerns is a smart thing to do. The reason I urge you to contemplate these two questions before speaking with an agent is simple: you need to know what you want/need before you sign up for something an agent is selling. Here’s an interesting analogy: If I go into a clothing store without planning, I leave having purchased more than I should. The sales associate will tell me those heels look fabulous, and I will leave the mall $50 poorer, and none the less richer. If I had carefully inspected my needs and financial situation, I would have known a pack of socks from Walmart would suffice my needs. The agent plays the sales associate in this scenario, and I play the Medicare beneficiary– not knowing how my decision at the mall will affect the next month’s budget.

Step Three: Let’s say you have done your planning, and you are ready to purchase a Medicare Supplement or sign up for Medicare Advantage (Part C). The next piece of information I give you is to research agencies. You can also refer back to an older article I wrote, “How to Catch a Medicare Supplement Agent: The Good, the Bad, and the Ugly,” for a more detailed analysis on finding the perfect agent/agency.

Step Four: Alright, you are informed, you know what you want, and you have done some research on finding a good agent; in my professional opinion, you are ready to speak with an agent one-on-one. But, wait, why is this even necessary? Two things, most agents do know what they are talking about, and secondly, they can assist you in shopping around by looking at different policies available in your area. That’s why finding the right agent matters.

These four easy steps will help you in securing the right coverage for your situation. Some Medicare beneficiaries make the mistake of simply Googling “Medicare Advantage,” “Medicare Supplements” or even just “Medicare coverage” before ever completing any research/evaluation. This blunder can lead you down a rabbit hole filled with confusing, biased, and unsupported findings. Do the smart thing, as I stress in every one of my articles, utilize the power of the consumer! Shop around and stay informed.

How to Find the Best Lic Agent Near Me?


You never know what life is going to serve you. It is unpredictable in every sense of the word. You can never prepare too much for life. It might serve you with something sudden for which you will need financial planning that helps you when you require it the most. You would not have to go anywhere because you have already found the solution and that is your LIC policy. But to select a LIC policy is not something that can be done without professional help. This is where a LIC agent enters. They work to give you the best possible LIC policy, according to your needs and requirements like coverage, benefits, etc.

The life insurance corporation of india agent makes sure that the LIC policy you choose gives you a financially secure and happy future.



Anagent near you is your best choice because he or she can respond to your needs swiftly. You can easily access their services and easily convey your requirements to them who will then, work to fulfill them to the best of their abilities.

For instance, if you live in Delhi, you must choose a LIC agent in Delhi. They will know the economic scenario, which suits you the best according to your requirements. There are many agents in Delhi but you cannot just choose someone because they are near to your home. You need to consider other characteristics when you choose the best one for yourself. Some of them are mentioned below.


Experience speaks for itself. Your chosen agent is the best choice only if the LIC agent is specialized in their field. Their experience should speak for them. The way theagent has handled his past clients, the number of policies he has sold, the way the policies furnish the financial and material needs of the client will determine whether the agent is the best for you or not. The experience will be reflective of the his or her conduct and business ethic.

Thus, factor in experience when you choose the best agent for yourself.


While experience matters, what also matters is that the agent you choose is also an expert in the area you are concerned with. For instance, if you are looking for an insurance plan for the education of your child, then the best agent would be an expert in child education insurance plans.

Thus, make sure that the agent knows, the area you are concerned with, from top to bottom.

How to Be a Financially Savvy Medicare Supplement Policyholder

With all the joys of the holidays upon us, sometimes it’s difficult to be bothered with evaluating your health insurance. Heck, it can be downright annoying to have agents calling you a few days before a large family get-together. However, I would like to stress the importance of staying tuned in to what you are spending on your health insurance. You’ve seen the Geico commercials, right? Switch now, save big! While I don’t sell car insurance, this same strategy applies to most insurance. My article is a wake-up call for those who own Medicare Supplement policies. Below, I will discuss my acronym, CAP, standing for 3 features of Medicare Supplement insurance that will help you in evaluating your policy’s competitiveness.

The first letter in my acronym is “C,” which stands for Carrier. What carrier is your policy with? This matters. Even though Medigap plans are standardized, carriers can charge different rates, in different zip codes. For example, in my zip code, a local carrier is the most competitive, however a few zip codes north, this same carrier has higher, less competitive rates. The bottom line? Call an agent to see if the carrier you’re with is the top dog in your zip code– you may have to call several agents to get the right answer.

A” stands for Age of Policy. How long have you owned this particular policy?

Want to hear something terrifying? I just got off the phone with a senior who has had the same Medigap plan for over 20 years.

It kills me when I hear someone say “I’ve had the same policy for years,” in a prideful way.

Each year, your rates increase, despite your continued good health. Every few years it is financially savvy to get your rates compared with other carrier rates in your zip code. If you purchased a policy with a top carrier in your area, you may have to wait 3-5 years before switching becomes worthwhile. Although, what I have found, is that many people get smuckered into policies with carriers who are not the most competitive, leaving these policyholders unaware of how much they could be saving if they had chosen the right carrier. How can you make sure this doesn’t happen to you? Shop around, use the power of consumerism to ensure you acquire the best policy.

P” stands for Plan Type. Many people purchase a Plan F, because it is most comprehensive in its coverage. However, some people have never heard a single word about the other plan types available. For example, Plan G is identical to Plan F with the exception that it does not include the Part B deductible of $147 (2013-2014). Many people switch from Plan F to Plan G and end up saving hundreds, even with the $147 factored into the equation.

Now it is time to evaluate your Medicare Supplement policy. Please utilize my acronym when deciding if your policy is still competitive– or if you are purchasing a policy for the first time, this same acronym can help you make sure you purchase the best policy in your area! That gentleman I spoke with might save over $1,000/year by switching– how much could you save? It’s definitely worth finding out!

Get Car Insurance Quotes: Info On the Most Important Things to Consider When Comparing Policies

It is very easy these days to get car insurance quotes online. The part that is not easy is actually comparing the quotes and determining which one offers the type(s) of coverage you most need at a reasonable price. In order to begin, you’ll need to fill out a few details and hit the “submission” button. The types of details you’ll be expected to provide vary from one site to the next. Experts recommend to compare at least three offers before making your final decision. Also, review your current policy. It may very well still be the best option for you.

If you want to add somebody else to your policy, such as a teenager or spouse, then be sure and add their details as well when requesting quotes. What kind of coverage do you need? Most states require drivers have some sort of auto insurance. Find out what your state’s minimum requirements are. Even if you think you already know, double check to ensure that nothing has changed since the last time you purchased an auto insurance policy.

Most states require, at the very least, that drivers have liability insurance. When purchasing this kind of insurance, the coverage limits tend to be indicated by three numbers. The first number refers to the maximum bodily injury (in thousands of dollars) for one individual injured in an accident. The second number refers to the maximum liability for every injury caused in the accident, and third number indicates the maximum property damage liability. Keep this in mind when you are trying to get car insurance quotes online.

Get Car Insurance Quotes for PIP

Another thing to consider is personal injury protection (PIP). This is essential if you play an important role in your family’s finances. If you end up badly injured and in the hospital and unable to work, and then have to pay medical bills on top of that, then your entire family will be in trouble. PIP is definitely important coverage to have.

Do you need comprehensive coverage? If you have a cheap, older vehicle then you might not. This type of coverage reimburses you in the event that your vehicle is badly damaged in an accident or stolen. If it isn’t worth much anyway, then it might be a waste of money to pay on a policy with comprehensive coverage. You might be better off taking the risk and then just paying the deductible if it’s damaged.

Now that you know about some of the important things to look for when you get car insurance quotes, you can head to esurance and take a look at their options. There are tools that help you choose the best car insurance plan, such as the “Coverage Counseler” and “Compare Car Insurance”.

Texas Property Insurance 101 – Do You Know Your Policy’s Deductible?

For those posed with the question about their property deductible, most would laugh it off.

“Me? Of course I know there is a deductible. What kind of fool do you take me for anyway?”

Well, be surprised. Many folks just assume they know what kind of deductible comes along with their property policy. In states like Texas, however, where nature’s storms are common, the amount associated with a deductible is not a given for those living out of state.

Example Question – Do you know the answer?

Q: You don’t live in Texas but own property there. You have a five percent deductible associated with your $500,000 coverage on your building in Austin, Texas. Your building sustains $100,000 worth of damages from a hurricane. How would you explain your 5% deductible in relation to the amount that the insurance company will recompense you?

1. Does the insurance company reimburses you for $95,000 (five percent of your claim’s total)

2. Or does it reimburse you for $75,000 (five percent of the property’s total value)

If #1 was your answer, you flunked the test! The right response would be #2!

Unlike most states, in Texas, the five percent deductible refers to the property’s total value, also known as TIV.

Those living in Austin, Dallas, Houston, San Antonio, Irving or any other spot in Texas where Mother Nature wreaks her cyclone havoc are far more familiar with deductibles and pertinence to the total value of owned property. That is why the average Texan would probably have chosen option #2. Because of widespread damage and losses as a result of violent storms, the insurance companies always affix high deductibles in order for damage liability risk to be pooled together with the property policy owners.

What about the scenario of bigger losses?

Example of building deductible in the event of wind damage:

• Your building is valued at $5 million

• There is a five percent deductible

• You are not covered for $250,000!

Example of apartment complex deductible incorporating 3 buildings in the event of wind damage:

• Your property incorporates 4 strips of ten places of residence, each valued at five hundred thousand dollars, equaling a total of $2 million

• 1 strip is destroyed from the storm and there is a five percent deductible

• You are not covered for $100,000!

Moral of the Story

If there’s anything a property owner can learn from the above is to get educated about the contents of your policy as well as to utilize the services of a qualified, reputable independent insurance agency that will steer you in the right direction.

Non-Obamacare Short Term Health Plans On The Rise

American’s are looking for lower cost alternatives when it comes to their healthcare needs. Those who do not need a huge demand for medical services to be covered have other options. Even those with some medical requirements on a monthly or quarterly basis are OK with little less coverage if they are saving enough on premiums. The good news is alternative plans are here, and they will continue to grow in demand as 2018 continues.

The Trump Administration signed off on an executive order in the fall of 2017 requiring that short-term health care plans be extended from the current 90-day restriction to the full 365 days as it once was. These types of policies are not there to replace the ACA plans, but to provide individuals and families with more choices for their healthcare needs.

This is great news for millions of Americans who do not qualify for the federal health subsidies and really cannot afford the premiums for the ACA plans. By freeing up some of their hard-earned dollars, they can put it back into the economy, retirement, college or whatever they need.

Short-term plans are non-ACA qualified health plans that are not required to cover preexisting conditions or certain ACA (Obamacare) mandated Essential Health Benefits (EHB), that are covered by ACA-qualified plans.

These benefits include:

  • Maternity and newborn care
  • Mental health and substance use disorder services
  • Specific preventive care benefits such as routine exams, mammograms, cancer screenings, etc
  • Pediatric services (oral care and vision)

The short-term plans are a great option without the above coverages in the policy. Insurance is supposed to be for sudden, expensive things that you usually could not afford on your own. Look at your homeowners and auto insurance. They provide coverage for the unforeseen, costly risks that you cannot afford to take on yourself. The short-term medical plans do just that.

The short-term medical plan extension from the current 90-day maximum to 365-day maximum takes effect May 1st. After that date, you can apply with an insurance company that offers the short-term plan that does not have the 90-day maximum limit.

One other drawback for 2018 is the individual mandate. The short-term medical plan is not an ACA-compliant plan according to the IRS and will be subject to the tax penalty when you file your taxes in 2018. There are other ways around this. You will need to seek out a professional in the field to get more information. For the tax year 2019, this tax penalty goes away.

Are You a Good Candidate for Long Term Care Insurance?

Approximately 70% of older adults will need some type of long-term care at some point. This type of care could include a nursing home or various degrees of in-home care, whether that includes skilled nursing care, help with activities of daily living, or some combination of services.

The problem is that these services are very expensive-and the costs are not covered by Medicare, outside of a 100-day period where skilled nursing care is covered for those who qualify and which does not cover non-medical care.

Medicaid does cover some costs of long-term care, but the income requirements to qualify for Medicaid assistance are very strict. It is not uncommon for older adults to spend everything they have on their care in order to qualify, so that by the time they do, they are near destitution.

This can be prevented with an LTC insurance policy. But these policies come with challenges of their own-and not everyone is a good candidate. Here is an overview of when you should – and shouldn’t – consider long-term care insurance.

If you have assets to protect. If you have significant assets-such as a valuable home or savings account-that you want to protect and leave to your family, you may want to buy LTC insurance. If you can afford it, this type of insurance will cover your long-term care without requiring that you “spend down” to meet strict income requirements.

If you have a health background that suggests you need it. Long-term care policies can be expensive on their own, and sometimes include significant out-of-pocket costs. Essentially, you are taking a gamble that you will need long-term care someday. If you have a history of health problems in your family that typically need this type of care, however-such as dementia, diabetes, or cardiovascular disease-you may be more likely to need it yourself.

If you have no family members to rely on. If you have no close family members who could care for you, then buying long-term care insurance may be a better bet. That being said, it is possible that even if you have a family member ready and willing to care for you, he or she will not be able to provide the type of care you need as your situation progresses-or your future caretaker’s financial or job situation will change and make caring for you less of an option. Regardless of whether you have family members who might be able to care for you-and you should discuss this with them first-it is important to take the steps you need to prepare for your future.

If you can afford it. Long-term care is expensive. Generally, you should consider long-term care insurance only if you have at least $75,000 in assets excluding your car and home, and an annual income of $35,000 per year at minimum (although this can vary by state) according to the United Seniors Health Cooperative. Premiums can also increase significantly, so you will need to be sure you can afford them comfortably without making major sacrifices.

Because of the expense, making the decision to buy long-term care insurance is never easy. But for many seniors, it can be crucial. Do some research on your options, and hopefully you’ll be able to make the best decision for your situation.

The Cost Of Living Longer

Every day, we see clients for whom long-term care is the elephant in the room. They feel they can’t afford the costs, but they also feel they can’t afford not to have it either. So their solution is to pretend they don’t see the “elephant” and try to ignore the problem until it goes away on its own. This unfortunately often leads to our metaphorical elephant trampling their life savings and any future inheritance they are trying to leave behind. The older you are, the more expensive a long-term care policy gets, and if you get sick before you have long-term care protection in place, it’s too late. Insurance companies are looking out for their bottom line, and an already ill senior will scare them off.

The costs for these policies are rising faster than inflation too. Therein lies the conundrum for Boomers and Seniors: They’re living longer than their parents did and that means they need more money to make it through “old age”. Finding long-term care is a tough and complicated process. You’ll need to find a place that cares for people with your (or your loved one’s) circumstances. You need to find a place with the right facilities and staff, a place that leaves you with a good, safe feeling. And you have to be able to afford it too. This is not any sort of one-size-fits-all situation. Everyone has their own specific services and conditions that they or their loved ones will need met. Remember, what we call “long-term care” is a broad category, with options ranging from live-in facilities to your own home.

The greatest threat to the financial security of Boomers and Seniors is the cost of long-term care (and Obamacare will not assist with this). Assisted-living facilities are now climbing toward the $7,500-a-month mark and a private room at a nursing home will range from $500 – $600 a day.

Many people are choosing to live in retirement communities where they can still be in charge of their own day-to-day lives, but without many of the regular stresses of maintaining their own home. This option tends to be a little more expensive than living in their own home, but it does give the option of “aging in place”. Residents live in their own apartment and can increase their levels of service as they need them. For example: full independent living, adding visits from healthcare workers, even to the communities own skilled nursing care facility.

The least expensive option is of course still in home healthcare, but it has its other perks too: It doesn’t require you to move, your mortgage is probably already paid off and you already know where everything is. Unfortunately the cost of home healthcare is rising as well and may be more than many people realize when it comes time to pay. Thankfully, there are community healthcare programs may be able to help with home healthcare for those who qualify.

Some seniors have chosen to get long-term care insurance to help with these costs, but that’s also getting more expensive as companies raise their rates while cutting back on their coverage. In addition, this insurance is getting more complicated, as it now has to encompass aspects such as protection of the surviving spouse, caregiver issues, scams/ID theft, and making sure you have an advocate to fight for your rights in a system that’s slanted against you.

In short, we’re living longer, and unlike previous generations, people are generally not living with or even near their children. Seniors are going to need more money for this longer life and for any unforeseen medical problems that may arise.

Do you know what the fastest way for a Boomer or Senior couple to become an impoverished Boomer or Senior couple is? Simple, one of them just needs to become ill before they get long-term care insurance. We see it every day, people who have worked hard and saved money all their lives are forced to see it wash away in a flood of medical bills as they age. It is truly heart-breaking, because, if you’ve managed to squirrel some money away, you could probably have afforded long-term care.

Our life expectancies are going up these days and so is the cost of healthcare, the distance seniors are living from their children and families, and the financial pressures on Medicare and Medicaid. The new Affordable Care Act, in fact, stipulates $500 billion in Medicare cuts over the next decade! Where do you turn if you or your spouse gets ill? Home health care? Adult day-care? Assisted-living? A nursing facility? Respite-care services, which allow the caregiver to drop off the senior for a limited period? Who’s going to pay for it? And for how long? These are the questions to ask now, while you still have time to plan. If you haven’t purchased long-term care before you or your spouse become ill… forget about it. No one will insure you once you’re sick! If this happens to you, you’re going to be out of time, out of options, and very quickly out of money. And if you’ve planned to leave something for your heirs, there may be nothing left to leave to them other than a pile of bills.

It’s an old (but true) cliché: those who fail to plan are planning to fail. When it comes to healthcare expenses as you age, you fail to plan at the risk of yourself and those you love.

Car Insurance Claim Procedure

Motor Vehicle Insurance is compulsory in India under Motor Vehicle Act 1988. Motor vehicle insurance is the insurance coverage of the risk of third party arising out the use of motor vehicle and also for covering the risk of damage caused to the vehicle. Indian people neither concern about Life Insurance Plan nor Medical Insurance plan but they are more concern on Motor Vehicle Insurance either they are driving a Scooter or a Bike or a Car or a Truck. It is mandatory otherwise if anyone injured without insurance vehicle, it will treated like a Crime.

Now days everyone have their own vehicle, roads are jam pack with vehicles, the risk is high so as a result, motor insurance companies are growing day by day and claims have also gone up. But many a time, the policyholders do not know exactly what they can do to get their Car Insurance Claim Procedure.

Here we are explaining the procedure how to claim on your car insurance policy. This will help you a lot.

How to claim on your Car Insurance Claim

We will understand this procedure in some scenario step by step so it will be very easy for us.

Claims for own-damage: If your car met with an accident, you should follow these steps to claim for damages:

  • Inform the insurance service provider – First and foremost you should inform to the insurer at the earliest and you have to submit a duly filled in claim form along with the required documents to the insurance company before you send the car to the garage for any repairs. The forms are available on insurance service provider’s websites. Most insurers follow strict guidelines and its mentioned in the policy documentation.
  • Lodge FIR – In some cases, First Information Report (FIR) is required so lodge FIR to the nearest police station for the safer side. Although it may not be mandatory for claim settlements but it is advisable to lodge an FIR. It depends on the condition.
  • Assess the damage – Once you inform to insurance service provider, they will appoint a surveyor who will assess / evaluate the damage of your vehicle. He will prepare a report and pass it on to the insurance company. You will also receive a copy and then you can move your car to the nearest network garage for repair.Note: If the damage is severe then surveyor will reach the spot of the accident at the earliest for survey.
  • Claim settlement – As soon as insurance company receives survey report, they will analyze the claim request and sends an approval to the garage. The garage will have to provide an estimated cost for the vehicle repair and timelines for the same. The insurer will be in touch with the network garage for an overall view of the extent of damage and the way in which the repair work is proceeding.

After the work is completed, you will have to take the duly signed bills and documents from the garage and submit them to surveyor. Surveyor will send it to the insurance company.

If all the documents are completed, the insurance provider will reimburse your bills. Keep in mind that there will be some compulsory deductible and variable deductible components, as stated in the policy document. Once your claim settled and your car is OK then you can drive again.

Car insurance claim process for a third party claim: -If you are responsible for an accident where a third-party suffers injuries or damage to property, here is what you need to do:

  • Inform to insurance service provider – First and foremost you should inform to your service provider at the earliest. Also remember not to make any financial commitments to third party.
  • Lodge FIR – Lodge FIR at the nearest police station and keep a copy of the FIR for future reference as well.
  • Share policy document – You should mandatorily share a copy of your car insurance policy with the third-party, so that they can raise a claim on it.
  • Claim at Motor Tribunal – According to the Motor Vehicles Act 1988, third-party liability claims are raised at the Motor Accident Claims Tribunal (MACT). The claim can be raised by the third-party at the tribunal closest to his/her residence or yours.

After receiving all the documents, the insurance service provider will verify the documents and assess the accident and if found satisfactory, you will get a lawyer appointed by them.

If the court directs you to pay the damages to the third party thereafter, the insurance service company will directly pay the dues to the third party.

It is advisable to see if the situation can be settled amicably outside the tribunal.

Claims for theft: If you find that your car has been stolen then follow the below procedure.

  • Lodge FIR – Lodge FIR at the nearest police station and keep a copy of the FIR for future reference as well.
  • Inform to insurance service provider – You should inform to your service provider at the earliest with a copy of FIR
  • Once you receive the final report from police station, make a copy of it and submit it to your insurance company. The insurance company will assign an investigator. Investigator will make the report and submit to insurance company. Once that is done, submit the RC book of your stolen car to the insurance company.
  • Submit the duplicate keys of the car and also a subrogation letter. You will also need to submit a notarized indemnity on a stamp paper also.
  • Once all the formalities are completed, the insurance company will disburse the claim.

It is very important for us to know about the formalities of car insurance claim procedure otherwise many people are paying from their pocket due to lack of these information. Now days the entire insurance service provider’s having a very good customer support network and their teams are skilled and co-operative also so you must communicate with your insurer whenever you need it.

I wish that you don’t need these procedures. I wish you will have a Safe Drive, someone is waiting for you.

Why Doesn’t Medical Aid Cover Fertility Treatments?

We are often asked whether fertility treatments cannot be claimed from a Medical Aid. Unfortunately they are not covered by Medical Aid and a couple will need to fund the cost of it on their own. Undergoing treatment is a big decision to make because it involves a lot of emotions and costs.

If you are infertile due to circumstances that were beyond your control, then why won’t the Medical Aid cover the costs of fertility treatments?

These companies will state that fertility treatments are not a life threatening illness. It is an elective treatment you choose to undergo unlike an ailment that threatens your life like heart disease. Some Medical Aids may cover the fixing of an issue that caused the infertility such as surgery for unblocking the fallopian tubes or blood tests. However, you have to speak to a consultant to advise you on what is covered by your Medical Aid scheme. Some restricted plans may cover up to a selected amount related to the fertility treatment. This will depend on your plan and the limits specified thereby. In such cases you may need to pay the fertility clinic first and then send the invoice to the Medical Aid company for compensation.

When you choose to undergo any type of fertility treatment you need to consider the costs of radiology, pathology, blood tests, hospitalisation and other additional costs involved. Fertility clinics are quite transparent when it comes to providing the full costs upfront. This is beneficial to the couple because you go into the situation fully aware of what needs to be paid. This allows you, as the couple, to budget accordingly and plan ahead. If your Medical Aid doesn’t cover any part of the fertility treatment that your fertility doctor has recommended, you can still make a plan. Open a separate savings account and, each month, you and your partner can save an agreed amount. Between the two of you, you will need to agree that these funds will remain untouched and serve as funding only for the fertility treatments. Although the fertility clinic gives you the full breakdown of the costs, add an additional 10% to 20% for inflation and contingencies. Rather save more than less. If you don’t use the additional 10% to 20% and the fertility treatment is successful then you will have some spending money to use on baby items.

On the bright side, Medical Aids do cover the gynaecological visits and the birthing costs if you fall pregnant. Given that you have surpassed the waiting period as stated by the company providing you with this medical cover.