Jan 15, 2024 | Things Happen
The insurance industry has been significantly impacted by climate change in various ways. Here are some key effects: Increased Frequency and Severity of Extreme Weather Events: Climate change has led to an increase in the frequency and severity of extreme weather...Jan 3, 2024 | Articles & Videos
Snowmobiling is a popular winter activity here in Maine, and is also a boost to our economy through the sales of sleds, gear and lodging to travelers who like to take advantage of our great conditions. There’s lots of fun to be had out there on our trails, but only if...
Oct 19, 2023 | Articles & Videos, Things Happen
Medicare Supplement Plans, or Medigap plans, are private health insurance plans that fill in the coverage gaps with your Original Medicare plan. Accordingly, these plans assist in paying your out-of-pocket expenses such as copayments and deductibles. Also, until you...
Oct 19, 2023 | Articles & Videos, Things Happen
Medicare Supplement Insurance is private insurance to assist you in paying out-of-pocket expenses not covered by Original Medicare. In order to purchase a Medigap policy you must be covered under both Original Medicare Part A and Part B. Part A is your Hospital...
Oct 19, 2023 | Articles & Videos, Things Happen
When are you eligible for Medicare? Medicare eligibility requires that you are a permanent legal U.S. resident, as a green card holder or U.S. citizen, who for at least five years has lived in the U.S., and meet at least one of the three following conditions: Age 65...Sep 21, 2023 | Articles & Videos, Press Releases
Houlton, Maine – In today’s ever-changing business world, cultivating effective leadership is vitally important. F.A. Peabody Company (FAPCO) is delighted to announce its role in an exciting collaboration. On September 13, 2023, the Network of Vertafore Users (NetVU)...
Sep 7, 2023 | Product Offerings
Universal life (UL) insurance is a permanent life insurance, similar to whole life insurance in that way. If you pass away your beneficiaries will receive the payout. Moreover, it builds cash value that you can borrow against. Your premium payment is comprised of...Sep 1, 2023 | Product Offerings
The very names of these two types of insurance pretty much defines the primary difference in the two products. The difference between whole life and term insurance is whole life insurance is something that you purchase for coverage your entire, whole, life. Term life...Aug 31, 2023 | Articles & Videos, Press Releases
Presque Isle, Maine – Diane DuMont, Northern Aroostook District Supervisor for F. A. Peabody Insurance (FAPCO), is pleased to announce that Tricia McLean has earned her Property and Casualty License. Tricia joins FAPCO with a decade of insurance experience. DuMont...