Health & Financial Services
Cornilles Insurance & Investments offers a complete line of insurance and
financial products and services ranging from life and disability
income to group life and health insurance. These products and services
are designed to provide solutions to your personal and business financial
needs, including:
Group Insurance / Benefits
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Individual Insurance
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Individual 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.
Dental Insurance
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.
Individual Disability
 Individual
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 fourty 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
policy.
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
employer?
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 Disability
Quote Request
Individual Health
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.
Cornilles Insurance & Investments 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, Cornilles Insurance & Investments 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
clients.
Individual Health
Quote Request
Individual Life
Life insurance from Cornilles Insurance & Investments 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
of living.
There are a variety of life insurance policies that we can provide.
The kind of policy you choose depends on your needs:
Term Life
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
dollar.
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
payments.
Individual Life Quote
Request
Universal Life
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
similar moves.
Individual Life Quote
Request
Whole Life
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
ever cancelled.
Individual Life Quote
Request
These products are continually changing and we can provide you with
the latest information and policies available!
Individual Long-Term Care (LTC)
 Long-Term
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
age.
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.
Group Insurance / Benefits
Many businesses today face challenges in attracting and retaining
top employees. As a business owner, you know the importance of employee
benefits and their contribution to your business success. We will
work with you to develop a program tailored to your individual circumstances.
Buy / Sell Protection
If you have a partner in business, you have a need for insurance
so that in the event of death or disability, you can buy out your
partners interest without having to take out a loan or liquidate
company assets. This is also important where children and taxes are
involved.
Dental Insurance
Dental Insurance is one of the benefits most requested by employees.
Many employers provide dental insurance for their employees, but
a growing number of employers are offering this as a voluntary benefit
that is paid 100% by the employee through payroll deductions. Most
dental plans provide full coverage with a 100% benefit for preventive
exams &cleanings, an 80% benefit for basic services such as
fillings and root canals, and 50% benefit for major services and
prosthodontics such as dentures, crowns, etc.
Some dental insurance companies provide a dental buy-up plan which
allows the employer to purchase a base plan, while employees purchase
additional benefits as needed. Another newer option for dental insurance
is a dual option plan that allows each employee to choose a basic
plan or a more comprehensive plan based on his needs. This is a voluntary
benefit, which means that each employee gets the coverage he needs
for himself and his family.
Flexible Spending Accounts (FSA)
Employees' needs are as varied as their lifestyles, and benefit
programs need to be flexible to accommodate those differences. At
Cornilles Insurance & Investments, we not only recognize, but welcome this
diversity.
There are two FSA options. A Health Care FSA is an alternate way
of paying your share of your health care costs. In the same manner,
a Dependent/Child Care FSA reimburses you for expenses for dependents
and childcare which are necessary to allow you and your spouse to
work.
When you create an FSA, you choose to have a specific amount of
your annual salary withheld from your paycheck and deposited to your
FSA. These withholdings are on a pre-tax basis.
Flexible Spending Accounts (FSA's) are benefit options designed
to increase your disposable income by reducing the amount of taxes
you pay. An FSA enables you to use pretax dollars to pay for qualified
health care expenses which are not reimbursed under any health care
plan or insurance plan, and for qualified dependent/child care expenses.
Group Health
 At
Cornilles Insurance & Investments, we are committed to health insurance for
both our commercial customers, who need group coverage for their
employees, as well as the individual or family that needs coverage.
With the changing face of health insurance in today's market, we
at Cornilles Insurance & Investments are staying abreast of the latest developments
that will affect the coverage you expect as well as the cost impact
upon you.
We have the best health insurance markets available in our area,
and we will always present to our customers the best options at the
best price available.
Group Health Insurance
Quote
Group Life
Life insurance is an integral part of most employee benefits packages.
When provided by an employer, employees appreciate the value of life
coverage and the additional security it provides to their families.
Employers have a wide variety of optional plan designs to customize
a Group Life plan. Optional coverages include Voluntary Life insurance,
Supplemental Life coverage, Accidental Death and Dismemberment policies,
and Dependent Life insurance. The premium paid for Group Life is
generally a business deduction, and this stand-alone contract is
usually less expensive than the life coverage provided with medical
insurance.
Group Life
Quote Request
Group Vision
A Group Vision plan is especially attractive
for employers because it is inexpensive to offer, yet it's another
employee favorite. This is a separate plan that provides coverage
for eye exams and/or for frames, lenses and contact lenses. Many
times the basic health plan may provide for routine eye examinations.
However, it will usually not provide any benefit for frames, lenses
or contact lenses; this is where a separate group vision benefit
would be used.
Health Savings Accounts (HSA)
 An
HSA is a form of health insurance coverage that includes two parts:
- A tax-exempt personal savings account to be used for qualified
medical expenses.
- A health plan with a high deductible (e.g., $1,000 for an individual
or $2,000 for a family).
Account funds are used to cover medical expenses before the plan
deductible has been met. Unspent account balances accumulate and
accrue interest from year-to-year. Once the health plan’s
annual deductible has been met, coverage resembles conventional
insurance, typically in the form of a preferred provider organization
(PPO) with little-to-no cost sharing for in-network services, and
limits on total out-of-pocket costs.
An HSA account is much like an Individual Retirement Account (IRA),
except that deposits and qualified withdrawals are tax-exempt. Individuals
and their employers may deposit money into the HSA up to an annual
dollar limit, with extra catch-up contributions allowed for those
age 55 to 65. Account balances can be used to pay for a wide range
of medical expenses — including some ordinarily not covered
by insurance — as well as some insurance premiums. HSA funds
also can be used to pay medical expenses of family members not covered
by the high-deductible plan. After reaching age 65, you may use HSA
funds to augment regular income by paying ordinary income tax on
withdrawals for any non-medical expenses.
Like IRAs, HSA funds can be invested in stocks, bonds, and mutual
funds. Since you own the account, it is fully portable regardless
of any job changes.
Key Person Coverage
Your key employees are your most valuable business asset. Their
skill, knowledge and experience are your real profit makers. Without
them, the success and growth of your business could be in jeopardy.
Key employee insurance is designed to protect your business from
the adversities associated with the loss of a key employee, manager
or executive. The death or disability of a key employee could result
in a substantial financial loss due to hiring and training a replacement,
lost sales, and/or slowed production.
Long-Term Care (LTC)
Long-Term 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 age.
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.
Long-Term Disability (LTD)
In the event that an accident or illness prevents an employee from
working for an extended period of time, the financial impact can
be severe for the employee and employers. Long Term Disability (LTD)
protection is designed to help cover the employee's expenses while
their regular income is interrupted. Flexible plan design options
and benefit alternatives are available to meet specific needs. This
valuable protection is available with low-cost, tax-deductible premiums.
Group Disability
Quote Request
Short-Term Disability (STD)
A steady income is essential for most people. If an accident or
illness interrupts that income, it affects both the employee and
employer. Short Term Disability (STD) protection is designed to replace
a portion of the wages lost when a short term disability occurs.
An affordable, flexible STD plan can provide needed benefits to both
the employer and employee.
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