<h1>Financial Services</h1>

OceanPoint Insurance, an RI insurance agency, offers a range of financial services.

Presented by:

OceanPoint Insurance

Featuring:

Lindsay Lang, Interim Director of Healthsource RI

When:

Tuesday, September, 24th

Breakfast will begin at 8:30 am followed by the presentation at 9:00 am.

Where:

OceanPoint Insurance, 500 West Main Road, Middletown, RI.

Cost:

Free (breakfast provided)

Overview:

Navigating Healthcare in Today’s Market

The Healthcare Breakfast Seminar will be an opportunity for the small business owner to learn more about HealthSource RI, our commercial exchange that lets employers design a comprehensive package that in turn allows the employees to choose the plan that meets their needs. The health, dental and ancillary products include some of the most cost-effective products offered in RI coupled with the unique defined contribution option allows employers to customize and manage their healthcare costs.

The presentation will be an hour in length and will be followed by a brief question and answer session.

Take a few minutes out of your morning to join us for a healthy breakfast and learn more about exclusive benefits that help you attract and retain talented employees while managing your healthcare budget.

For more information, please contact:

Kyle Murphy, Employee Benefits Account Manager

Email: kmurphy@oceanpointins.com

Call: 401-367-1137

or

Sam Sylvester, Vice President /Financial Services

Email: ssylvester@oceanpointins.com

Call: 401-367-1124

Featuring:

Zachary Sherman, Director of Healthsource RI

When:

Wednesday, May, 15th

Breakfast will begin at 8:30 am followed by the presentation at 9:00 am.

Where:

BankNewport’s Corporate Headquarters, 184 John Clarke Road, Middletown, RI.

Cost:

Free (breakfast provided)

Overview:

The Healthcare Breakfast Seminar will be an opportunity for the small business owner to learn more about HealthSource RI, our commercial exchange that lets employers design a comprehensive package that in turn allows the employees to choose the plan that meets their needs. The health, dental and ancillary products include some of the most cost-effective products offered in RI coupled with the unique defined contribution option allows employers to customize and manage their healthcare costs.

Here’s how  it works:

1. The employer decides how much to spend on health and dental
2. The employee chooses a plan from multiple health insurance companies
3.  They pay the difference between what  you pay and the cost of their plan
4. You write one check to HealthSource RI

In addition to health and dental, HealthSource now offers ancillary product offerings including

  • Vision insurance
  • Life insurance
  • Accident Insurance
  • Long Term Disability

These plans provide financial protection and peace of mind and may help save on healthcare premium costs.

The presentation will be an hour in length and will be followed by a brief question and answer session.

Take a few minutes out of your morning to join us for a healthy breakfast and learn more about exclusive benefits that help you attract and retain talented employees while managing your healthcare budget.

For more information, please contact:

Kyle Murphy, Employee Benefits Account Manager

Email: kmurphy@oceanpointins.com

Call: 401-367-1137

or

Sam Sylvester, Vice President /Financial Services

Email: ssylvester@oceanpointins.com

Call: 401-367-1124

Long Term care Insurance

ri long-term care insuranceAs we age, basic everyday activities can become increasingly difficult. Over time, many people discover that they require assistance to go about their daily lives. If you became unable to care for yourself, do you have a plan in place that ensures you receive quality care? Securing a long term care plan now can help alleviate the financial and emotional strain that can arise when extended care is needed.

Long-term care insurance is designed to help offset the expenses of assisted living homes or in-home care professionals. When you or someone you love is in need of extended assistance or care, costs can add up very quickly. If you were required to pay these costs out-of-pocket, would you have the necessary funds needed to pay for them? By investing in long-term care insurance before you need it, you can help mitigate, or in some cases eliminate, future expenses.

The topic of long-term care insurance is one that few people like to discuss. While no one wants to think about themselves or a family member needing this type of coverage, it is a smart investment to safeguard your future

Another reason long-term care coverage is often overlooked is due to a common misconception. Your current health insurance does not include coverage for long-term care. For this reason, it is best to purchase long-term care insurance as early as possible. Your age and health play major factors in determining costs, and purchasing a policy at a younger age can mean much lower rates.

At OceanPoint Insurance, we can help you consider the costs and benefits of Long-term Care Insurance.  For more information, contact our financial services team.

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shutterstock_61894663Whether due to old age, mental or physical illness, or injury, many people find themselves in need of assistance with basic everyday activities. As we age, it is important to have a plan in place in the event that we are no longer able to care for ourselves. When the need for long-term care arises, long-term care insurance can help with the potentially devastating emotional and financial toll that can result.

Long-term care insurance helps with the expense of assisted living or nursing home and even an in-home care professional. When you or someone you love suddenly need help with getting out of bed, bathing, cooking, crossing the room, and shopping for groceries, the expenses that come with having to pay someone to assist you can add up quickly. If you need long-term care services and have to pay to obtain them, do you have the financial resources to cover it?

There is a common misconception that your health insurance will cover long-term care. However, neither your health insurance nor Medicare will pay for this expense. The longer you wait to purchase long-term care insurance the more costly it becomes. Because it is based on your age and health status, the sooner you make the investment in long-term care insurance the better your rates will be.

It is important that you make the investment in long-term care insurance to lift the burden of care from yourself and your loved ones. It is also crucial that you consider what would happen if you were not prepared or were unable to care for an elderly parent. Give yourself and your family a peace of mind knowing that you will be covered if the need for long-term care arises.

Call OceanPoint Insurance today at 847-5200, for more information on long-term care insurance.