Disney Information Station Logo

Go Back   The DIS Discussion Forums - DISboards.com > Disney Trip Planning Forums > Budget Board
Find Hotel Specials & DIScounts
 
facebooktwitterpinterestgoogle plusyoutubeDIS Updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Rate Thread Display Modes
Old 09-23-2008, 11:11 AM   #1
Lisa_M
DIS Veteran
 
Lisa_M's Avatar
 
Join Date: Feb 2006
Posts: 2,475

Aflac- is it worth it?

Today is sign up day for Aflac at work and I'm just wondering if the folks here think it's worth it. How are they with paying out claims? Easy to work with? Hard? I think it's pretty cheap because we are young, but I'm interested in knowing how some of you have fared with them before I sign up.
__________________
Me DH DD DD #2 my little babeski
Lisa_M is offline   Reply With Quote
Old 09-23-2008, 11:29 AM   #2
Sue122
Earning My Ears
 
Join Date: Dec 2007
Location: Texas
Posts: 28

We love it!

We have a couple of policies through them. One policy that my husband bought costs us around $17/month and covers specific health issues (heart attach, stroke, coma, and a couple of others). Well, right before I turned 34, I had a couple of minor strokes. They were full-fledged strokes, not TIA, but I was able to recover completely.

That AFLAC policy ended up paying my around $8,000. My out of pocket costs after my regular health insurance paid were $4,000, so I ended up with about $4,000 left over that I could use however I wanted.

Most of their policies offer some sort of wellness benefit. One of ours will pay $60 per person on the policy that has any kind of doctor visit. Another policy pays $75 per person for any cancer screening (Pap, PSA test, mammogram).

You can download the claim forms from their website, fax them in and they pay within a few weeks.

AFLAC has definitely been worth the money for us!

Sue
Sue122 is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 09-23-2008, 11:33 AM   #3
ProudMommyof2
DIS Veteran
 
ProudMommyof2's Avatar
 
Join Date: Feb 2007
Location: RedSox/Patriots Nation
Posts: 2,542

You are far more likely to have an illness or accident that leaves you unable to work for a period of time than you are to die. Everyone protects their family in the event of death with life insurance but ignores the much more likely catastrophic illness.

I sit on the HR committee for my company and pushed hard for AFLAC!
__________________
Me(Pam) DH DS15 DD13

1986 Disneyland, 1988 Disneyland, August 1991- WDW Offsite, May 1997- WDW Offsite, May 2007- Wilderness Lodge, May 2009- BCV & AKV, August 2011- Poly & AKV, April 2013- WBC- Universal & WDW, July 2013 Disney's Hilton Head Island Resort, April 2014- Yacht Club, July 2014 Disney's HHI Resort

ProudMommyof2 is offline   Reply With Quote
Old 09-23-2008, 11:36 AM   #4
cndij
Mouseketeer
 
Join Date: May 2008
Location: NC
Posts: 422

If claim processing time is a concern, I can vouch for them being the best in the industry. I have faxed in claims (from NC) on a Friday after 4 PM, and gotten a check in the mail by the following Tuesday (comes out of Columbus GA). I have never seen anything to beat it. Also we have a cancer policy, that when my husband was diagnosed 4 years ago, paid out about $10,000 on top of whatever his medical insurance paid. It also pays us back for followup testing enough to more than cover the ongoing cost of the insurance.
cndij is offline   Reply With Quote
Old 09-23-2008, 11:42 AM   #5
prettyprincessbelle
I'm just excited for the BBQ! Yum YUM!
Pots and pans? Seriously?!
 
prettyprincessbelle's Avatar
 
Join Date: Nov 2007
Location: Camarillo, California
Posts: 5,246

I have 2 Aflac policies and I’m 21. I have the cancer one and the accident one. With both policies I pay about $40something each pay check (I get paid every 15th and 30th of the month). With the cancer policy I pay a little extra each pay check so if in 20 years I am not diagnosed with cancer I will get all my money back that I put into it and if I want I can start the policy over again. The cancer policy has the wellness benefit and I just got $20 back for getting a PAP.

I’ve been really happy with it! HTH!
__________________
Courtney
prettyprincessbelle is offline   Reply With Quote
Old 09-23-2008, 11:45 AM   #6
Livi'sMom
Mouseketeer
 
Livi'sMom's Avatar
 
Join Date: Oct 2005
Posts: 138

I have a couple of their supplemental policies.... the hospital/intensive care and short term disability policies were VERY helpfull when I was hospitalized on bedrest and then gave birth to a 25 weeker. Every day of the 99 days she was in the NICU paid out, plus the time I spent in the ICU and in the hospital. And the time I spent off work. I didn't file until she was discharged. We received a check for more than $43,000.00 Considering that I was then off work for almost 4 years....became a SAHM... best money I ever spent!!! I have the accident and cancer policies too. The cancer policy has a wellness benefit that pays you for receiving an annual cancer screening... for each member of the family that you have covered.... and the accident policy has come in handy a few times!
__________________
A Girl, A Boy, and their Princess
Many trips... much money... making memories.

Livi'sMom is offline   Reply With Quote
Old 09-23-2008, 11:59 AM   #7
Lisa_M
DIS Veteran
 
Lisa_M's Avatar
 
Join Date: Feb 2006
Posts: 2,475

Wow, I'm glad to hear that you all like it so much. I looked up some reviews online and alot were less than favorable...so I wasn't sure about this. I'll definitely get some more information from the lady about it.

Budget boarder's always know the good deals.
__________________
Me DH DD DD #2 my little babeski
Lisa_M is offline   Reply With Quote
Old 09-23-2008, 12:14 PM   #8
Colinsmom
DIS Veteran
 
Join Date: Dec 2004
Posts: 1,523

Hospital indemnity, accident, short-term disability, cancer and other disease policies are huge, huge profit-makers for the companies. Sure, if you get a diagnosis, you can get a nice benefit. But why not just buy a lottery ticket with your premium instead of sending it to them? I work in insurance and have worked with these policies in the past; there's no way I could recommend in good conscience that anyone purchase them.

You do, however, NEED a long-term disability policy if you do not already have adequate coverage at your workplace. Good health insurance, too, is essential, and for many people, life insurance (term only, please!!) is also essential. But I don't think that is what you are asking about here.
__________________
1976 - Contemporary, 1982 - Offsite, 1984 - Polynesian, 1994 - POFQ, 1999 - POR, 2001 - POR, 2004 - AKL, 2005 - BC, 2007 - AKL, 2008 - 5 days in Sanibel and 5 days at WDW at the Swan
Colinsmom is offline   Reply With Quote
Old 09-23-2008, 12:14 PM   #9
puffkin
DVC Owner- SSR & AKV
 
puffkin's Avatar
 
Join Date: Apr 2001
Location: Reading, PA
Posts: 9,195

I am still debating it.

We had our initial enrollment (just got Aflac at my firm) in June (effective 7/1) and then open enrollment going forward in November for 1/1 effective date. I decided to skip the initial enrollment because I couldn't decide.

Check the exclusions before you decide. I thought it would be great for us until I realized my DH was excluded from most of the policies due to him being an insulin dependent Type 1 diabetic.
__________________
~Kelly~

Veteran of 25+ trips to the World
puffkin is offline   Reply With Quote
Old 09-23-2008, 12:21 PM   #10
Iott Family
DIS Veteran
 
Iott Family's Avatar
 
Join Date: Aug 2004
Location: Indianapolis
Posts: 1,384

My DH sales insurance and AFLAC is one of the company's he is licensed with so I might be a bit biased but we carry three policies with them and they are very efficient with claims, usually within 48 hours ofaxing we have a faxed back check/reply. They cover the everyday tragedies that dont kill us but leave us temporarily down and out and for a decent out of pocket expense. You are more likely to make a claim against your afalc policy than you are your term life. Its your money at work for you when you really need it.
Iott Family is offline   Reply With Quote
Old 09-23-2008, 12:41 PM   #11
Lisa_M
DIS Veteran
 
Lisa_M's Avatar
 
Join Date: Feb 2006
Posts: 2,475

Quote:
Originally Posted by puffkin View Post
I am still debating it.

We had our initial enrollment (just got Aflac at my firm) in June (effective 7/1) and then open enrollment going forward in November for 1/1 effective date. I decided to skip the initial enrollment because I couldn't decide.

Check the exclusions before you decide. I thought it would be great for us until I realized my DH was excluded from most of the policies due to him being an insulin dependent Type 1 diabetic.
hmm...there is nothing in the brochure about those kind of exclusions, just exclusions for risky behavior and self inflicted injuries....

This financial stuff is difficult for me because I don't really understand much of it. I guess I need a finances for dummies book...can anyone recommend one?

The lady said I can sign up and cancel within 3 days, but I don't like that kind of stuff. I guess today is the only day I can sign up, so I will pass for now. I can always sign up next year.

To the person who recommended LTD and life insurance. Those things are definitely on the "To Do" list. I think that may be a better place to start than Aflac.

I'm still interested in hearing other opinions about Aflac, so next year I'm better prepared to make a decision. She told me it would be 20.75/pay period for accident coverage and 12.95/per pay period for cancer coverage. That's about $65/month. That seems a little high to me, but IDK.
__________________
Me DH DD DD #2 my little babeski
Lisa_M is offline   Reply With Quote
Old 09-23-2008, 12:43 PM   #12
jennifer293
SHHHHH , but we live in the sticks
yep, I said naked women
 
jennifer293's Avatar
 
Join Date: Jan 2005
Location: TN
Posts: 2,461

YES YES YES!!!! GET IT!!!!

We got ours in July of last year and I was in an accident in August and they paid us out around 4K when we had only paid them one months premium of $48.00. The Aflac rep in our area was so helpful and answered emails within minutes. This is one thing I will not let my DH cancel!!!
__________________
May 13-20, 2005 ASMo
July 14-23, 2006 Keri's 6th B-day POP Century
March 20-27, 2008 Spring Break Trip
DH 35 Me 33 : DD 8 DD 5
jennifer293 is offline   Reply With Quote
Old 09-23-2008, 12:49 PM   #13
mamalle
DIS Veteran
 
mamalle's Avatar
 
Join Date: May 2004
Location: South Fla. Go Colts!
Posts: 3,829

yes! Yes! I agree also. I just love the accidental.. I fell yesterday up in Indy and today went to the urgent care for xrays, etc.. I submitted my info and should have a check in 7 business days or less. they are really good about turnaround times on claims. so far this year I have had to use it 4 times between the kids and I.. I also carry the cancer policy.
we pay $48 biweekly for the family for both policies..
mamalle is offline   Reply With Quote
Old 09-23-2008, 01:04 PM   #14
puffkin
DVC Owner- SSR & AKV
 
puffkin's Avatar
 
Join Date: Apr 2001
Location: Reading, PA
Posts: 9,195

Quote:
Originally Posted by Lisa_M View Post
hmm...there is nothing in the brochure about those kind of exclusions, just exclusions for risky behavior and self inflicted injuries....
Trust me I know. I ran all the numbers after the initial presentation and it seemed like a GREAT deal for my family. Then when I sat down with the guy to get my official quote he asked all the health questions and that is when I found out all the exclusions for diabetics. Now that my husband can't covered I am still debating about just doing myself, but I am one of those freakishly healthy people so I am not sure how much use I would get and if would just be better for me to invest my money elsewhere.
__________________
~Kelly~

Veteran of 25+ trips to the World
puffkin is offline   Reply With Quote
Old 09-23-2008, 01:09 PM   #15
Lisa_M
DIS Veteran
 
Lisa_M's Avatar
 
Join Date: Feb 2006
Posts: 2,475

Quote:
Originally Posted by puffkin View Post
Trust me I know. I ran all the numbers after the initial presentation and it seemed like a GREAT deal for my family. Then when I sat down with the guy to get my official quote he asked all the health questions and that is when I found out all the exclusions for diabetics. Now that my husband can't covered I am still debating about just doing myself, but I am one of those freakishly healthy people so I am not sure how much use I would get and if would just be better for me to invest my money elsewhere.
My husband has high triglycerides I wonder if that is in the fine print.

We're from the same area, so "Hi neighbor!"
__________________
Me DH DD DD #2 my little babeski
Lisa_M is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

facebooktwitterpinterestgoogle plusyoutubeDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 07:22 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.

You Rated this Thread: