Aflac anyone?
has anyone within this forum ever had aflac and be it worth it?
Answers:
If you are considering any of the lines of coverage from AFLAC, you are either an member of staff that has be offered (or about to be offered)coverage through your employer on a payroll assumption basis. Or, you are an employer wanting to present voluntary benefits to your employees.
If you are the member of staff: It depends on the type of insurnce being offered to you. Typically this is coincidence, disability or cancer insurance. The first decision is to know what you can afford to spend. Then you should filch advantage of what that will buy. Disability is other the best option because it protects your income if you are unqualified to work because of injury or illness. I suggest you wage for the disability insurance with "after-tax" dollars. What you will not be told is that paying for disability insurance next to pre-tax dollars will result in your disability benefits self taxed. Paying for disability benefits beside after-tax dollars will result in a tax-free benefit. Accident and cancer insurance is worth it if you are worried something like those issues. Accident and cancer insurance also covers your family.
If you are the employer: You should do your homework and formulate sure you are offering the best price for the benefits. Colonial, Allstate, Unum, and AIG are all principal carriers near broader product offerings and better prices.
Which one of their policies are you referring to? Short-term disability, long-term disability, critical illness, residence, whole energy, cancer policy? Aflac is just the company.
Most Afflac products probably are not worth your time because of the relatively small size of the benefits. You would be better bad spending your money on larger and more comprehensive insurance.
Most of Afflac's insurance policies can be prepared to a car rental; the price you repay is less than a motor payment, but you simply get to drive it for a year and your uses are limited. It is ususally more cost updated to buy the car. Rather than a cancer or AD&D policy, buy valid life insurance that covers every departure. Rather than worrying about short residence DI buy long term DI. Etc.
The bottom string is that there is nil wrong with Aflac policies, of late that there are better uses for your insurance money.