What is Medigap Health Insurance?

While it is currently the law that citizens of all 50 states, including the residents of Little Falls, MN, obtain health insurance, it is not required that they purchase Medigap coverage. Many people make the decision to do so, and it is important to understand why that is the case. 

Medigap Insurance Basics

Your Medigap policy is designed to pick up costs that your primary insurance will not, and to qualify for Medigap health insurance, you must, in many cases, already have Medicare part A and B coverage. Your Medigap policy will be provided by a private insurance company, and it’s important to be aware that it will not cover everything. Services that are typically excluded from Medigap insurance policies are dental care, vision, long term care, and hearing aids. 

There may be some limiting factors to whether or not you can purchase a Medigap insurance policy, as you will need to do so only during open enrollment. You may not be eligible if you are not yet 65 years old and you have a disability or late-stage renal disease. Medigap insurers can refuse to approve coverage for six months if you have a pre-existing condition that was diagnosed in the six months prior to when you applied. If you purchased your indemnification after 1990, you cannot be dropped for reasons other than nonpayment, fraud, or if the company goes out of business. 

Hanneken Insurance Agency Can Help

Hanneken Insurance Agency is a fine purveyor of health insurance and can answer any questions you may have regarding Medigap health insurance. You can contact us, and speak to one of our representatives about your health insurance needs today! Faithfully serving the Little Falls, MN area, we consider it a privilege to work with you. 


3 Reasons You Need Farm Insurance in Little Falls MN

Farm insurance is known by many names; ranch insurance, livestock insurance, and crop insurance, for example. Whatever type of farmer you are in Little Falls, MN, farm insurance is a good idea to have if you want to protect your livelihood.  Whether it’s a failed crop, a disease that strikes your livestock, or damage to your farm buildings that you find yourself dealing with, farm insurance is a good thing to have in these kinds of scenarios.  Read on to learn about three more reasons you need farm insurance in Little Falls, MN.   

1. Put It All On One Policy

As a farm or ranch owner who also has a homestead on the farm, you can insure your farm or ranch and your homestead all on one policy.  It’s a good idea to check with an insurance agent to see if you can get a discount by putting everything on one policy.  

2.  You Live Far Away

If you don’t live on your farm or you live very far away, having farm insurance will give you peace of mind when you can’t personally be there.  

3. You Rent a Farm

Another form of farm insurance is farm rental insurance. This covers the livestock or crops that an individual is raising on rented land.  Even though you may not own the land, it is smart to ensure the hard work you put into the cattle and/or crops in case disaster strikes is covered with an insurance policy.  

If you are looking for a new farm insurance policy or wish to replace an existing one, contact the Hanneken Insurance Agency Inc. today.  We know the ins and outs of farm insurance and can help you purchase the perfect policy for your farm or ranch.  To speak with a reputable agent at Hanneken Insurance Agency Inc. call us at 320-632-6592.