Input: Can Life Insurance Be Paid To A Minor?

Output: Yes , a person under 18 can be the beneficiary of a life insurance policy . You should have provisions set up in your will to designate a guardian/trust to control the funds until he/she is old enough to claim them , otherwise a judge will decide who will be given guardianship.A life insurance trustcan be very useful in this instance if you want to control how and when the proceeds are paid out . Many times , a parent may want their child 's access to the monies be given in installments -LRB- e.g. giving a quarter of it to them when they turn 18 , a quarter when they turn 21 , a quarter when they turn 25 , and a quarter when they turn 30 -RRB- to make sure that the monies last and are not spend unwisely .


Input: Can Life Insurance Be Paid To A Minor?

Output: Yes , but only through an appointed guardian . So if you have a minor child you wish as your beneficiary , you should make sure that your policy lists the name of the person you wish to hold and use the money for the benefit of the minor . This is typically also done through a living trust . Thank you . GARY LANE .


Input: Can Life Insurance Be Paid To A Minor?

Output: Yes a minor child can be a life insurance proceeds beneficiary . If you plan to make the minor child the primary beneficiary , you should take these steps as well . You should have a will in place to name a trust or legal guardian to hold and disperse the funds until the child turns 18 years old . Otherwise a probate judge will decide the child 's guardianship . That court appointed guardian will disperse the funds .


Input: Can Life Insurance Be Paid To A Minor?

Output: Gener4ally if a minor is involved it is best to have life insureds proceeds held in a trust until the child 's 18th birthday . There may be exceptions to this depending on the circumstances . I generally do not recommend making a minor the beneficiarry of a policy because of the complications involved .


Input: Can I Add My Husband To My Medicare?

Output: Your husband will need to get his own Medicare insurance . However , if he does not qualify for free Part A because he has not worked enough years for that benefit , he can get free Part A based on your eligibility . He will need to be at least 65 to get Medicare , even you are already getting it .


Input: Does Car Insurance Cover Driving Abroad?

Output: That is a great question ! While you are able to drive in any State with your coverage , once you 've crossed the border , it 's not a safe bet that you are . Check with your agent before your trip , and find out exactly what is allowed . Canada might not be so much of a problem , but traveling to Mexico might be . And outside of the Continental borders will almost certainly be a no on coverage . Check with your agent , okay ? Thanks for asking !


Input: Does Car Insurance Cover Driving Abroad?

Output: Most auto Insurance policies written in the US are valid in the US and Canada only . Read the territory definition of your policy to determine if Canada is covered . As far as other countries than the US and its territories -LRB- US VI , PR , Guam etc -RRB- the answer is almost always no . However you may be able to secure coverage through your umbrella policy . If you do not have an umbrella policy talk with your agent and see if you can obtain one . That is a potential source of coverage as the territorial definition is usually global , but then there are restrictions for auto use so you really need to talk with you agent about your specific umbrella and where you will be traveling . Places like Mexico can be exceedingly difficult since you are required by their laws to buy their liability insurance . What I tell customers is 1 -RRB- always buy at least the minimum limit of liability coverage at the rental counter in a foreign country -LRB- except Canada -RRB- . And then 2 -RRB- always have an umbrella and be sure to ask your agent about this issue with the umbrella before you buy it . Their is generally no uniformity in the way umbrellas treat this issue .


Input: Does Car Insurance Cover Driving Abroad?

Output: This is a crucial question in states that border the US and Canada and Mexico . There is usually coverage for operating your car in Canada and extremely limited coverage for operating your car within a few miles on the Mexico side of the US and Mexico border . All other countries , including Mexico require local insurance . Near the Mexican border agencies are established that specialize in this coverage .


Input: Which Life Insurance Is Best In Pennsylvania?

Output: The best life insurance in Pennsylvania is the one that best fits the budget and needs of the person purchasing it . What works best for a younger person may not even be available to a senior person , and vice versa . To find the best life insurance for you , contact a trusted website that offers life insurance in Pennsylvania , or visit a local agency that offers choices from many companies . Your agent should be able to lead you to a policy with a highly rated company that best suits your budget and needs .


Input: Which Life Insurance Is Best In Pennsylvania?

Output: There is no `` best '' of anything . What is `` best '' for you depends upon your insurance goals . No website can help you determine your goals . Speak with a broker in your area in person or by phone , who can help guide you in making the decision as to which is best for you . Your insurance goals , financial goals , age , health , are all important parts of the puzzle .


Input: Does Any State Not Require Auto Insurance?

Output: I believe 49 of the 50 states have a require for drivers to have auto insurance or show financial responsibility . Not have insurance puts you and your family 's financial future at risk . Insurance is very low cost compared with the alternative , which is you paying for any accident out of your pocket . Many accidents can run in the hundreds if not thousands of dollars without any physical injury to people . If there is a physical injury caused by the accident it is likely that the cost will start in the thousands . Do n't leave yourself or your family financially exposed .


Input: How Much Is Life Insurance In Colorado?

Output: Life Insurance rates in Colorado will in most cases be the same in any other states . The rates or premiums as they are referred to are determined by a number of factors including you age , if you smoke or not , what if any health issues do you have ? , If there are health concerns , how well are you managing them ie . are you following your doctors directions with the required follow up ? The amount of coverage will also affect the rates as well as if you are looking at a term or permanent coverage . Contact your local broker to get more specific rates for your specific situation .


Input: How Much Is Life Insurance In Colorado?

Output: The premiums for life insurance in Colorado vary widely . Age is big factor , as a younger person can get a policy at just a fraction of what a senior person would pay . Gender , health , tobacco , driving record , substance abuse , and dangerous hobbies or travel all affect the price . Then add to that the fact that shorter guarantees contribute to a lower price , and it truly is impossible to answer this question without more information . To find the cost of a Term life insurance policy in Colorado , you can go to a website that offers instant quotes and input different criteria . That will give you an idea of what prices are .


Input: What Is A Good Rate For Whole Life Insurance?

Output: What is a good rate for whole life insurance ? What ever you can qualify for is the correct answer . You are the discount . Your good health and good health history reduces the rate for whole life -LRB- actually all types of life insurance basically -RRB- and provides you the discounted cost you seek . So if you have taken good care of yourself , the best rates will be available to you .


Input: What Is A Good Rate For Whole Life Insurance?

Output: A good rate for Whole life insurance is the most affordable premium on a policy that meets all of your goals for coverage . There are many factors included in quoting a whole life insurance rate such as age , build , health status , occupation , life style and income to name a few . I recommend using an experienced independent broker to professionally shop the market and find the best product at the best price for your unique situation .


Input: Does Allstate Offer Home Insurance In Nebraska?

Output: Allstate does offer Home insurance in the State of Nebraska . They are a good company but do not be afraid to look at other companies . There are many that offer in this state you want to shop and find which one fits your needs and your price point . Have a nice weekend


Input: What Are The Costs Of Long Term Care Insurance?

Output: The costs of long term care insurance vary according to the region you live in , your age , your health , whether you use tobacco , the elimination period you choose , the length of coverage -LRB- or total dollar amount -RRB- you choose , the features of the policy , and other factors . Therefore , to find the cost of long term care insurance for you , it is best to contact a broker who can guide you through all the choices and help you select the one that best fits your budget and needs .


Input: How Do Private And Federal Long-Term Care Insurance Programs Work?

Output: First of all , there is no federal long-term care program . If a person is or becomes `` indigent '' by state standards , they may qualify to have their long-term care facility expenses paid for by Medicaid -LRB- Medical in CA -RRB- . There is a commission in Washington currently debating if there will be a federal long-term care program , but they will have no power to institute one and it 's doubtful that given our current budget deficit , a comprehensive program could be afforded by either the states or the feds -LRB- Medicaid is a jointly funded and administered medical program for the poor -RRB- . Private long-term care programs at this point in time consist of applying to an insurance company and going through full underwriting to determine insurability . If so , they are issued a long-term care policy of insurance . Only insurance agents that are certified to sell long term care -LRB- most states -RRB- can do so . There is a Partnership long-term care program in 36 states -LRB- plus charter Partnership programs still going in CA , CT , NY , and IN -RRB- . The state departments of health `` partner '' with the person with a Partnership-approved long-term care plan of insurance so that if they blow through the insurance policy maximum benefits and are still alive , the amount of the payout from the insurance company will increase the impoverishment threshold dollar-for-dollar for that person and if the insured 's personal non-exempt assets are lower than what the insurance company has paid out , Medicaid will take over payment of the person 's long-term care costs until s/he dies.Note that there are some limitations1 . The person needs to be in a facility for full payment of costs by Medicaid . -LRB- Home care reimbursement from Medicaid is under $ 300/mo . -RRB- 2 . A lien in the amount of money paid out by Medicaid is levied against the patient 's estate . -LRB- This is currently being debated and is a point of contention with some states and consumer groups . Whether it will actually be done is not certain , but it 's `` on the books '' . -RRB- 3 . While there is a promise that no discrimination will be made between `` Medicaid patients '' and `` paying patients '' in nursing facilities , audits of some facilities have found that there are , in fact , `` Medicaid rooms '' and regular rooms . When discovered , those facilities are supposedly ordered to make no distinction in treatment , care , or placement of patients based on their ability to pay.At this time , it is clear that there is a looming problem of how to take care of the elderly of the boomer generation as that demographic bubble passes through old age . And , though medical technology allows people to live longer , that life is not necessarily better . No solution has yet been proposed at the federal level . The problem will fall to Medicaid for now . Recent surveys have shown that only about 7-8 % of the population owns its own long-term care insurance . Some calculations indicate that Medicaid is solvent for only another 8-10 years as currently administered .


Input: What Do Life Insurance Agents Do?

Output: A life insurance agent provides coverage to families in the event of the loss of a loved one . This helps protect the family assets , as well as helps the family to maintain the lifestyle that their family has not only worked their whole lives for , but has become accustomed to .


Input: What Do Life Insurance Agents Do?

Output: Well , that is a great question ! As I think about it , I realize that I am 5 people rolled into one . -LRB- Perhaps that is why my wife keeps asking me Just who do you think you are ?! :-RRB- We are hunters . We love to go out and find people with whom we can do business . We are personal coaches . We help our clients clarify their values and set priorities . We are field underwriters . We prepare people for going through the formal application process . We are advocates . We fight tooth and nail to get an approval at the rate quoted , and to solve any and all problems that emerge along the way . We are family friends . Processing life insurance claims is hard on everybody . A death in the family is tough to deal with . We are there for the beneficiaries in any way they need - on top of delivering a check to them .


Input: What Do Life Insurance Agents Do?

Output: Life insurance agents wear many hats , especially if they work independently . They must first establish an office from which to work and meet clients . They must decide if they want staff to do their bookwork , and if they want to hire other agents . If so , they advertise for help , hire , train , and keep track of staff . They have to keep up continuing education , licenses , contracts and fees . They need to know their products inside and out and continually stay on top of the financial industry . They market their business , and if they sell face to face , get involved in things that help them meet new people . They help people find the right products , help them purchase them , and keep records of what they sell . That is a short , incomplete summary of what life insurance agents do .


Input: How Do Life Insurance Loans Work?

Output: You can often borrow money -LRB- in the form of a loan -RRB- from a life insurance policy . Typically , it is a whole life policy or another form of permanent coverage . Many years ago , the loan interest rate was 5 % or lower . The rates increased but have been reducing in recent years . Tax ramifications will also have to be considered anytime you withdraw funds from your contract . Your best resource for determining if it is wise to secure a loan from your policy is an experienced local full-time broker/agent . Typically , advertisers and marketers are not your best choice .


Input: How Do Life Insurance Loans Work?

Output: In order for permanent insurance policies to provide a level death benefit for a level premium money must be accumulated in the policy to be ready to pay the skyrocketing costs when people reach their average mortality . At that point half of the population is dying each year . Those funds are available to the policyholder as collateral for a loan . Those values are guaranteed in the contract .


Input: Why To Buy Long Term Care Insurance?

Output: The reason people buy Long Term Care Insurance is so that they have the resources to pay for home health care , assisted living care , nursing home care , or some other types of care that are needed if they are unable to take care of themselves independently . Some people with large estates get Long Term Care insurance because they do not want all their hard earned money or property go to paying a nursing home . Rates of $ 100,000 per year are not uncommon for skilled nursing care . In order to qualify for Medicaid to pay these expenses , resources must be spent down to almost nothing -LRB- if a spouse is at home , the spouse does get to keep half of the couple 's resources -RRB- . So having Long Term Care insurance to pay for these costs both helps preserve the estate and assists the spouse left at home , if applicable . One aspect of Long Term Care insurance that is not always considered is the freedom of choice that is offered to persons who carry insurance to cover chronic care expenses . If they have the right type of coverage , they can pay a relative to come live with them or choose home health care , if that works . If they must go to a nursing home , they have more choice in the facility they want to live in , versus having to go with the room arrangements or facilities that only Medicaid will cover . This is not to say that Long Term Care Insurance is for everyone . If you have very few resources and are already on Medicaid , or anticipate getting Medicaid benefits in the future , there is no need to purchase Long Term Care Insurance . And if you need to dip into grocery money , forego medical care , or lead a poor quality of life to pay for LTC insurance , that is not worth it . Consulting with agencies that can shop for these policies to get you the best rate , and also guide you through the decision whether and what to buy LTC insurance , is a great place to start .


Input: Who Gets Life Insurance If No Beneficiary?

Output: If there is no named , living beneficiary of the life insurance policy when the insured dies , the proceeds are paid to the estate . It is not an ideal outcome since this subjects the proceeds to probate which would not have occurred if there was a beneficiary . To ensure this does not occur , the policy-owner should name a primary and a contingent -LRB- back up -RRB- beneficiary and review the policy every three years with a life insurance professional .


Input: Who Gets Life Insurance If No Beneficiary?

Output: An alternative option is naming a trust as the beneficiary . This way you can outline the full line of beneficiaries in the order you wish . You will need to form a trust to do this . A living trust is a great document to have as it usually contains your will and medical directives as well .


Input: Who Gets Life Insurance If No Beneficiary?

Output: You always want to keep your beneficiary up to date . They may predecease you , so change them if that happens . That is the whole purpose of life insurance . If you fail to keep your beneficiary up to date , then the proceeds of your life insurance policy will go to your estate . It is the same as having no will or no living trust . It goes into probate -LRB- the court -RRB- and you must have the court decide where the money goes . This usually requires an attorney , at your family 's expense , along with court costs , and time , in California up to 3 years ! Do not do this to your family . Keep an updated beneficiary at all times ! Thank you . GARY LANE .


Input: Who Gets Life Insurance If No Beneficiary?

Output: That is a great question with a really bad answer . It is really important to name a primary beneficiary , and a contingent one , just in case . If there is n't a beneficiary , thenthe proceeds go into probate court . That can cost you up to 40 % of the proceeds -LRB- in Texas -RRB- and several years if it is contested . In any case it is a bad situation that is easily avoided . Call your agent and check the beneficiaries , the owner is the only one who can name them.Good luck , and thanks for asking !


Input: Who Gets Life Insurance If No Beneficiary?

Output: If there is no beneficiary on a life insurance policy the proceeds go to the estate . This means normally tax free funds will now go into probate court and will be taxed with the assets of the estate . This is a very expensive mistake . As Gary pointed out ALWAYS keep your beneficiary up to date . This really defeats the purpose of life insurance by taxing a tax free asset .


Input: Is An Annuity Right For Me?

Output: David 's article is well written and the basic principles are the same in Canada , the design and tax regulations and advantages are of course very different . Accumulation annuities : Guaranteed Interest Annuities -LRB- GIA -RRB- - your money invested is guaranteed Guaranteed Investment Annuities -LRB- GIF -RRB- also referred to as segregated funds or variable annuities - your money is invested in equities and is not guaranteed . Since the products are issued under the insurance act they include maturity and death benefit guarantees , typically 75 % or 100 % . Payout annuities : You exchange a lump sum of money for a stream of payments for the rest of your life or for a specified number of years . Since they provide a guaranteed pension income they are often used by retirement income planners to cover fixed expenses . The guarantees , estate planning applications , potential creditor proofing and tax advantages are reasons why annuities are an important part of retirement planning . In Canada as in the USA , whether or not an annuity is right for you depends on your individual circumstances . Using an annuity strategy is not always complicated , it is however , often permanent . In most provinces in Canada , almost anyone can call themselves a Financial Adviser or Financial Planner . Look for an insurance broker with a professional designation like a Chartered Life Underwriter -LRB- CLU -RRB- or Certified Financial Planner -LRB- CFP -RRB- . Annuities are often used in combination to increase after tax income , guarantee income , address volatility , `` lock in '' gains , leave a legacy , ensure privacy and provide potential creditor protection . With their increased risk exposure protecting your retirement nest egg is of special importance if you are the self employed . You can find 16 `` I want to ... how do I '' examples at www.jpw.ca If you have further questions please contact me .


Input: Is An Annuity Right For Me?

Output: There is a calculator available on the internet called the Living to 100 calculator . Medical science is steadily increasing the life expectancy of the general population . If the calculator shows that you can expect to live past normal life expectancy , an annuity is going to make awfully good sense . An annuity is a contract with a life insurance company to exchange a sum of money for a lifetime of monthly payments . There are variations to meet your specific situation . If you are in pre-retirement an annuity can be used in most tax qualified plans . In these plans your risk tolerance should guide you to a specific plan that allows you to leave all the investment decisions to professionals or handle them yourself . The key is that the deposits in the annuity are a transfer of capital from current consumption to future consumption . The results of the annuity while important are not nearly as important as the decision to move assets from the present to the future . An annuity does this quite well . An annuity can also be purchased outside a qualified retirement plan . While losing some of the tax advantages of the qualified plan , the annuity still accumulates money free of current income tax and allows the owner a great deal of flexibility in drawing the annuity down . An annuity addresses the issue of excess withdrawal risk by making regular payments without the ability to raid the bank . Since excess withdrawals have ruined many retirement programs this is a very important issue . The monthly check is like a paycheck and the retiree learns to live within their means . An annuity addresses the frailty risk in that it is already established before the retiree becomes frail . It is very simple to negotiate and the retiree will not require any professional assistance to use the annuity . In the same vein it addresses the issue of Financial Elder Abuse because in most cases no one can access the funds , not even the annuitant . Other than a variable annuity , most annuities are not subject to market risk . Once the annuity starts to make monthly payments , they will continue for life regardless of the performance of the market . Annuities are also not involved with Interest Rate Risk Annuities can be established in such a way to efficiently handle the unexpected loss of a spouse . The annuity can be set up to pay the same or a reduced benefit for the lifetime of the surviving spouse . An annuity can be an efficient way to reduce stress in retirement . The results are predictable ; it doesnt require anything from the annuitant and will be there as long as the annuitant survives . An annuity is a contract that is executed outside the estate and can pass directly to the beneficiary without the time consuming probate procedures . This can provide cash for paying estate taxes or final expenses . An annuity is a very important part of the retirement income plan . It has its own tax regulations and may be instrumental in keeping taxes at a manageable level . The key is that it is a financial product that blended with others gives the diversification a retiree needs to handle the changes that they might experience .


Input: How To File A Life Insurance Claim?

Output: To file a life insurance claim , first call the life insurance company , or ask the agent who sold it to do so for you . Sometimes the funeral director will do this for you . They will send you a claim form . Send the completed claim form back with a certified death certificate . The insurance company will process it and send you a check .


Input: Why Would I Be Declined Health Insurance?

Output: There are any number of reasons why a carrier would deny your health insurance application . Most carriers do not issue coverage to those who are in the country illegally . If you are incarcerated or employed in a hazardous occupation you may be denied health insurance . The most common reason is the cost of your health care is more expensive than the carrier is allowed to charge to cover the risk .


Input: Where To Shop For Homeowners Insurance?

Output: I agree with my colleague . Start by talking to your Insurance Professional . If you do n't have one , referrals from your REALTOR or Attorney would be a great start . Certainly most major companies have an on line portal where you can go to begin to explore options , but it is always best to talk to a licensed professional about your specific needs . They can make the proper recommendations and answer any of your questions to make the purchase of your new Homeowners policy a smooth and easy transaction . Be sure to find out about any and all discounts that may be available .


Input: Where To Shop For Homeowners Insurance?

Output: The best place to shop for a homeowners insurance policy is with an insurance agent . If you dont know an agent , your friends , colleagues or neighbors will probably offer recommendations . An agent will listen to you , provide solid financial advice , and communicate clearly with you and the insurance company . Since setting limits is the most important part of this process , an agents advice could be critical .


Input: Would Renters Insurance Cover Tornado Damage?

Output: Great question ! I sincerely hope that you are n't asking because you have had that happen to you . In most cases the damage should be covered , but you will want to ensure that it is by reading the exclusions , but again , it usually is covered . If I can help in any way , please contact me . Thanks for asking !


Input: What Will Happen To My 401K If I Die?

Output: Your beneficiary will receive the benefits as income and will be taxed as income it can still be held in the account or rolled over in another product if the plan is set up in the spouses name also such as John and Jane Doe keep in mind once the proceeds are out of the account and in the bank it is considered cash and will be considered income talk with a financial planner . See my website


Input: What Is Guaranteed Level Term Life Insurance?

Output: When a policy is designed to be `` Guaranteed Level Term '' it means that the premium that you pay for the coverage provided will remain the same for a specific time certain , guaranteed . Thes policies are usually offered in increments of 10 , 15 , 20 and 30 year terms meaning that the premiums are guaranteed to remain the same for the nomber of years you buy regardless of your increased age or any changes in your health . That having been said , at the end of that guaranteed term your premiums would more than likely substantially increase and would continue to do so as long as you maintain the policy in force .


Input: What Is Guaranteed Level Term Life Insurance?

Output: Guaranteed level term life insurance refers to the premium cost assigned to the policy for a specific period of time . For example a term life policy may have guaranteed level premiums for 5-10-15-20-25-30-35 years without increasing regardless of your change in health or employment . The life insurance company is assuming the risk .


Input: What Is Guaranteed Level Term Life Insurance?

Output: Guaranteed level term life insurance provides coverage for a limited period of time for temporary protection needs . The premium is guaranteed and level for the initial period of coverage which is generally from 5 to 30 years . After that , the coverage expires or may be continued for a much higher -LRB- usually cost prohibitive -RRB- , annually increasing premium .


Input: What Is Guaranteed Level Term Life Insurance?

Output: Term life insurance is temporary coverage to indemnify beneficiaries against economic loss at the death of the insured . T.E.R.M. = Temporary Expense Reimbursement Money . The term life insurance market offers guaranteed coverage for a specific duration of time : 5 , 10 , 15 , 20 and 30 years .


Input: How To Estimate Personal Property Value For Renters Insurance?

Output: You can estimate your personal property value by simply itemizing each and every belonging you have in your house , condo or apartment . You should try to establish the cost new on each item , although there is no guarantee that you will receive that amount . Then discuss your figures with an experienced broker who can provide the best course of action .


Input: How Much Does Smoking Increase Life Insurance?

Output: Smoking affects life insurance rates but how much depends on other health and lifestyle factors . In general , the premium for term life insurance for people in their thirties and forties is three times more for tobacco users than for non tobacco users . The factor widens on older individuals . For permanent -LRB- cash value -RRB- policies the difference is not as great . The kind of smoking or tobacco use affects rates , too . In recent years , a few innovative insurance companies have been offering non tobacco rates to cigar smokers and users of smokeless tobacco making their tobacco class rates effectively cigarette user rates . Celebratory cigar use e.g. once or twice a year at weddings , may even qualify at such innovative insurance companies for preferred non tobacco premium rates .


Input: How Much Does Smoking Increase Life Insurance?

Output: A smoker rating can cause a major increase in premiums . For example , a 40 year old male shopping for a $ 500,000 , 20 year term , would be quoted about $ 64.25 per month at standard non-tobacco rates . If that same insured was rated as a standard smoker , his monthly premium would be $ 177.92 per month .


Input: How Much Does Smoking Increase Life Insurance?

Output: Depending on the company the premium increase for smoking may be roughly 40-60 % of the regular premium . It seems the industry is not unsure that smoking causes premature death of insureds . The pricing reflects the databaseinsurance companies use for underwriting . One thing to consider with a smoker 's policy it does n't have to stay that way forever . You can quit smoking and save money by having them reclassify you as a nonsmoker . Depending on the company anywhere from 1 to 3 years from quiting .


Input: What Is The Best Way To Buy Life Insurance?

Output: The best way to buy life insurance is through a trusted life insurance agent . If you dont know an agent , get recommendations from your colleagues , neighbors and friends . A good agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . This agent should be able to match a plan that you need with one you can afford .


Input: What Is The Best Way To Buy Life Insurance?

Output: Life Insurance is one of those items that many people feel can and should be purchased online because it seem obvious to them that looking for the least expensive policy is in their best interest and easy to do . Unfortunately , this is usually not the case and ends up with the applicant either disappointed in their health rating or having to take multiple exams . An independent agent can not only help with the best value , but is paid by the insurance company , not the client . Agents come in all qualities from terrible to excellent , just as all professionals . Speak to friends or get a referral from someone you trust . You will be less stressed during the process and happier with the result .


Input: Can Retirees Deduct Health Insurance Premiums?

Output: Since the current tax law only allows health insurance premiums to be deducted by businesses or self-employed business owners . This leaves most individuals that have to pay for the cost of their premiums themselves having to do so with after tax dollars . Unfortunately , there is no additional provision that would enable someone that is retired to also pay their premiums with tax-free dollars .


Input: When Do I Need Disability Insurance?

Output: Disability insurance is part of defensive planning and should be considered as soon as you enter the work force . Most American workers have 90 days in cash reserve and could not maintain their lifestyle without income . Disability insurance is paycheck protection during times of protracted sickness and/or injury and can generate tax free benefits when you need it most .


Input: When Do I Need Disability Insurance?

Output: You need disability insurance as `` paycheck protection '' . You should look at your current monthly budget and determine what needs to be covered if you were to lose your paycheck due to an accident or illness . 1 in 4 20 year olds will go on disability before they retire from work . You should look at the your expenses and determine what is the net amount of income that I could get by on . Many people have disability insurance through their employeer . You have to be careful because this policy is usually paid `` pretex '' and is taxed upon your drawing income . You need to check your employeers policy to determine what your benefits are for disability . Business Owners can get a disability policy to pay for their business income . What would happen to your business if you could not do what you do daily to generate income . Would you need to hire somebody ? You can get a policy to cover this . Would your business stop working and revenue dries up ? You may be able to cover this . You need to work with an independent agent to compare the rates and benefits of multiple companies as they treat each situation different . An example would be a Physician who might be offered more income during their disability with a particular company . You would need to check to see if you receive benefits if you can not work your current profession versus working at anything . All paychecks need protection . You should have your evaluated and deceide how you would do if you became disabled .


Input: How Would A Medicare Voucher System Work?

Output: A Medicare voucher system allows Medicare beneficiaries to pick their coverage from a variety of options . In reality , a voucher system is no different from the way you pick plans now . Medicare beneficiaries can opt for traditional Medicare or may use taxpayer dollars to fund at least a portion of the cost of a Medicare Advantage plan .


Input: How To Tell If You Need Long Term Care Insurance?

Output: Based on the geriatric statistics of seniors in retirement you will need Long Term Care Insurance -LRB- LTCi -RRB- sometime during retirement if not before . LTCi benefits paid are not necessarily confined to extended care in a nursing home . The odds are much higher that youll use it for assisting home living . Unless your family history has a disposition of shortened life expectancy , youre probably going to live long enough to use it . The stats tell the story .


Input: Can You Buy Flight Life Insurance?

Output: There is such a coverage for flight insurance . It is known as common carrier accidental death insurance . It can be purchased online , through travel agents , insurance agents and even most airports . It is a very low priced high benefit life insurance that will only cover you for that particular flight and return flight . This is a very low risk policy for insurance companies hence the low premium . Flying is still the safest way to travel and very few policies every have a claim .


Input: Can You Buy Flight Life Insurance?

Output: That is a great question ! You bet there is , and insurance companies love to sell it ! The safety record for flights is really very good , and it is very rare when the company has to pay a claim , so they make a lot of money on these policies . Before you purchase one though , check with your credit card company - many times that is a perk they offer for free in their benefits package that everyone forgets about . Thanks for asking !


Input: Can You Buy Flight Life Insurance?

Output: Flight life insurance is available . It is typically an short term policy that as the name suggests covers you while you are flying in the even of an accident . It is typically available from selected brokers , travel agents , and even is included on some credit cards . This is a type of accidental death insurance . If you have further questions , or feel I could be of assistance , please do not hesitate to contact me .


Input: What Do I Need For Disability Insurance?

Output: The first need for disability insurance is a job . Disability insurance is designed to protect your most valuable asset , your ability to earn a living . There are two basic types of disability insurance , short term and long term . Short term is primarily used in case of a brief illness or injury to be able to have funds coming in to meet everyday bills . Long term disability is meant to supplement an income for years after becoming permanently or long term illness or injury .


Input: Why Is Disability Insurance Important In Financial Planning?

Output: Disability insurance is important in financial planning because , without it , there may not be income to invest or save . The loss of a paycheck due to disability disrupts even day to day living , and much more so , long term goals . Disability replaces income in place of a disability , an important part of most financial plans .


Input: Why Is Disability Insurance Important In Financial Planning?

Output: In order to plan your finances , you have to have an income . If you become disabled and can no longer work , you no longer have an income -LRB- minus any passive income -RRB- . Disability Insurance ensures that you will continue to receive an income while you are unable to work.Many people think , well I have a savings account to back me if something like that should happen . But the average long-term disability claim is 31.2 months -- would your savings last that long ?


Input: What Is The Best Age To Start Long Term Care Insurance?

Output: Many brokers believe that the best age to start Long Term Care Insurance is prior to age 50 , because premiums are lower at younger ages , and because most people do not develop serious health conditions until after that age . However , most people do not think about LTC insurance until older . As long as you can qualify for it medically , there really is no bad age to purchase Long Term Care Insurance .


Input: What Percentage Of Term Life Insurance Pays Out?

Output: Most term life insurance expires before the life insured does ! The statistics are not generally shared by carriers and tend to vary from company to company . The consensus it is it less than 5 % and probably under 1 % in many life insurance companies . Most policies expire or are converted to permanent before the expiry date .


Input: What Percentage Of Term Life Insurance Pays Out?

Output: If people pass away while holding active Term life insurance policies , their policies will pay out nearly 100 % of the time . The exceptions would be suicide during the first two years , or having filled out the life insurance application fraudulently during the first two years , just as with Permanent life insurance . Also , unless their policy is graded during the first years and death occurs during the graded period , the Term life insurance policy will pay 100 % of the death benefit . When comparing the % of the number of life insurance policies purchased with the number of persons who actually passed away while their Term policies were in effect , the % is small . But for those who passed away while having Term life insurance , pretty close to 100 % of them had 100 % of their death benefit paid to their beneficiaries . And that is why people buy life insurance .


Input: What Percentage Of Term Life Insurance Pays Out?

Output: The number of term life insurance policies that expire before the death of the insured is simple to determine . If you look at a mortality table and see how many people your age are expected to die in the coming year , you will have an idea of what percentage of one year term policies would have expired without paying a death benefit . Look at the same table for ten , or twenty years to get an idea of the probability that a policy will pay a death benefit . Dont forget that term insurance is frequently purchased by younger people .


Input: Where Can I Verify Medicare Eligibility?

Output: You can verify Medicare eligibility at WEBSITELINK . There are also a number of websites created for that purpose , such aswww.checkmedicare.com . If you would rather call than use a website , you can call the Centers for Medicare and Medicaid Services at 1-800-MEDICARE -LRB- 1-800-633-4227 -RRB- .


Input: How Are Fixed Annuities Guaranteed?

Output: A non-qualified , tax deferred fixed rate annuity is only as guaranteed as the contract provisions outline and is only as good as the annuity insurance company that issued the contract . That being said , many financial stable annuity insurance companies offer a non-qualified tax deferred fixed rate annuities , generally at 5 , 7 and 10 year periods .


Input: What Is On A Life Insurance Application?

Output: All life insurance applications ask for name , address , SSN , face amount , beneficiary , means of payment , and signature to agree to the terms of the contract . If it is a guaranteed issue policy , that is about the extent of the application . Simplified issue life insurance will ask a limited number of health questions in addition to the above . Most policies of this type will also ask if a policy is being replaced as a result of this transaction . Fully medically underwritten policies include all of the above , plus more detailed health questions , employment info , income , net worth , family health history , smoking history , whether the applicant indulges in dangerous hobbies , substance abuse questions , driving record , crime record , and names and addresses of doctors and medical records . Medically underwritten policies also request permission to do the HIV test .


Input: What Is On A Life Insurance Application?

Output: A life insurance application requires sufficient information to positively identify you . The application also identifies the plan and face amount that you desire . It positively identifies who will receive the proceeds , and if they dont survive , who will be a contingent beneficiary . The application may include sufficient medical questions to get a good idea of your general health and then the application includes releases so that additional information can be gathered .


Input: What Is On A Life Insurance Application?

Output: Each carrier 's application is different , but you can generally expect to find the same types of sections on each including : 1 -RRB- General information section -LRB- e.g. name , address , social security number , phone number , occupation , etc. -RRB- 2 -RRB- Plan Information -LRB- where you enter in what coverage you want to apply for -RRB- 3 -RRB- General information questions 4 -RRB- Health information questions 5 -RRB- Trust information -LRB- if applicable -RRB- 6 -RRB- Replacement form -LRB- to be used if replacing existing coverage -RRB- 7 -RRB- Authorization forms -LRB- including HIPAA forms , Blood test form , etc. -RRB- 8 -RRB- Supplementary Forms -LRB- e.g. foreign travel form , medical condition specifications , alcohol/drug usage , tobacco usage , etc. - generally only needed for certain histories or if requested by the carrier -RRB- . I always recommend to my clients to let me go through the application with them to make sure everything is in good order so you do n't have to redo any paperwork or chase down clarifications later .


Input: What Is The Average Cost Of Life Insurance Per Month?

Output: It depends on how good your health history and current medical condition is as well as your gender , age and smoking status . Most term life insurance is offered in increments of 5 , 10 , 15 , 20 and 30 years with a guaranteed level premium . Other considerations are motor vehicle violations , hazardous job or recreation . All these items can contribute to the premium . A nonsmoking super preferred male or female age 25 will pay less than $ 100 a year for $ 100,000 of ten year term life insurance .


Input: When To Buy Auto Insurance?

Output: When should you buy auto insurance ? If you are currently uninsured , now is the time to get covered , considering the fines , penalties and possible license suspension risks . Your rate may be lower than you realize when you utilize an experienced online broker and their website . It 's important to secure the best coverage at the lowest available rates . Experienced broker shop the major companies for you and allow you to quickly compare the best prices and get covered !


Input: Is Bat Removal Covered Under Homeowners Insurance?

Output: Generally any animal removal is not covered . However , there are MANY different insurance companies , and they all have different rules for coverage , so it is possible but not likely for it to be covered . The best thing would be to call your local insurance specialist and ask if it is covered under your policy . Thank you for asking !


Input: Does Homeowners Insurance Cover Lost Jewelry?

Output: Jewelry is personal property and is covered by a homeowners policy . Most homeowners policies limit the recovery on jewelry and many offer a floater that provides worldwide coverage without a deductible for jewelry . There is an additional charge for that coverage . If jewelry is lost or damaged and not included in a floater , it will be adjusted on the replacement or depreciated value depending on the type of personal property coverage elected . The result will be reduced by the deductible .


Input: How To Compare Health Insurance Rates?

Output: The best way to compare health insurance rates is to utilize an experienced broker that also has a top-rated and reliable website . You will save frustration , time and money by allowing a professional search , compare and present to you the best individual and family healthcare options in your area . That 's our job -LRB- as experienced brokers -RRB- , and by understanding new legislation , how Exchanges work , and how to maximize the federal subsidy , a consumer can be assured of receiving the best pricing and service .


Input: How To Compare Health Insurance Rates?

Output: There 's many factors to consider when looking at health insurance . It 's not as simple as just seeing who 's cheapest . You also want to compare the benefits as well as the deductibles , coinsurance and copayment amounts , and the maximum out-of-pocket expenses . I always recommend consulting with an experienced broker when you 're looking for health insurance coverage . We have an in-depth knowledge of products from multiple carriers and can help determine which plan is most appropriate for your needs and your budget . Please let me know if I can be of further assistance . Thanks very much .


Input: Does Disability Insurance Cover Death?

Output: Right Peggy !! The `` death benefit '' inside a disability policy is usually limited to a few months worth of the `` Monthly Benefit '' . So if your benefit is $ 3,000 a month , then you might get 3 , 6 , maybe 9 thousand in a death benefit . LOOK AT THE LANGUAGE . Does it pay ONLY AFTER you have met an elimination period or is it an immediate benefit ? Disability is a very important plan to own . Yet , I know that buying life insurance , buying disability , buying long term care , buying critical illness , & then buying home , auto , umbrella , & more can be very overwhelming ... . You might consider buying a Living benefits & / or Hybrid Life insurance plan ... These are life insurance plans that you can use BEFORE you die . I have a massage therapist that owns a plan with a death benefit , a $ 30,000 critical illness benefit , and has a $ 1000 a month disability benefit . She pays about $ 43 month for all of this . PERFECT for single mom with a modest income . YES ... standalone Disability has more features and better terms ... yet the all in one plan allows her to cover a critical illness , a disability , & early death . Reach out with questions :--RRB- - gravy


Input: Does Disability Insurance Cover Death?

Output: Some Disability Insurance policies will pay a survivor benefit if the insured person dies . This can go to a surviving spouse or children . Certain conditions must be met for this benefit go kick in . However , Disability Insurance is primarily designed to make payments to the insured person while they are still alive , but disabled . Life Insurance is what covers death .


Input: Does Disability Insurance Cover Death?

Output: That is a great question ! You will have to look at the specifics of your policy , it might , but typically a disability policy will not . These policies are designed to help pay expenses while you are injured or sick , and have no need to pay if you have passed . An accidental death and dismemberment policy will pay upon your death , but only under a strictly defined cause of death . If you have a stroke and pass , for example , it would not pay . A life insurance policy is designed for that . I hope that helps , thanks for asking !


Input: When Is The Best Time To Buy Life Insurance?

Output: The best time to take out a life insurance policy is when you are young and your health is good , because the cost will be lowest at that time . That being said , if you missed that window , there is no time like now to purchase life insurance and protect those you love from financial hardship upon your death .


Input: When Is The Best Time To Buy Life Insurance?

Output: In the life insurance business youth and health are really important . Buy life insurance when you are young , and you will never be any younger than you are today . Most people who really want to buy life insurance cant due to health conditions . Dont wait to get sick or have your first heart attack , get the life insurance that you want from a trusted agent , one who will listen to you , offer sound financial advice and communicate clearly with your and the company .


Input: Is A Slab Leak Covered By Homeowners Insurance?

Output: If the cause of a slab leak is a named peril the leak will be covered . In an all-risk policy that includes every conceivable cause of loss except those specifically excluded . Some of those exclusions could cause a slab to leak . There isnt coverage if the slab leaks because of underground water , or earth movement . If the crack was the result of settling , cracking , or shrinking the claim would not be covered .


Input: How Is Homeowners Insurance Calculated?

Output: How your homeowners insurance premium is calculated will more than likely vary from carrier to carrier , based on many factors . Some of the major factors that help determine your rate are geographic location of the premise , the age of the premise , the architecture of the premise and materials used to construct it , the valuation of reconstruction of the premise and claims history of the insured just to name a few . Contact a local agent to discuss the information that they need to provide you with a quote .


Input: What Does Medicare Cover For Home Health Care?

Output: If prescribed as reasonably and medically necessary , Medicare covers home health care in the following ways : 1 . Skilled nursing care 2 . Physical therapy , occupational therapy , and speech-language pathology services 3 . Medical social services 4 . Medical supplies It will not cover 24 hour per day care or homemaker or personal care services , if those services are the only care needed and not necessary for one 's plan of care .


Input: Is Banner Life Insurance A Good Company?

Output: Banner life insurance is a great company and they are part of the Legal & General of America companies . Banner started in 1949 as Government Employees Life Insurance Company -LRB- GELICO -RRB- . AM Best rates Banner life insurance A + which is a measure of its financial strength . They often have some of the least expensive term premiums and I personally use them very often .


Input: Is Banner Life Insurance A Good Company?

Output: Banner Life is a very good company . I have had a contract with them and know them to be very competitive and very financially sound . Check the AM Best Ratings of any company you look at . They should have at least an A rating . There are many good companies out there . If you like the Banner Life plans then you should n't lose any sleep if you go with it .


Input: Is Banner Life Insurance A Good Company?

Output: I believe that Banner Life Insurance Company is a good company . They offer very competitive premiums , are willing to do underwriting for a variety of health conditions , offer a nice assortment of products , and are reputable . They sometimes are referred to by the name of their parent company , L&G .


Input: Why Do People Take Out Life Insurance?

Output: People take out life insurance to ensure that their survivors will be taken care of financially . Those who get life insurance know that life insurance is not only a means of survival , it is a love letter to those left behind . Life insurance can do everything from feeding small children left fatherless by a car accident , to affording an elderly widow the luxury of someone making him a home cooked meal three times a week . That is why people take out life insurance , among many other reasons .


Input: What I Need To Know About Auto Insurance?

Output: There are two basic parts to an auto policy . There is a liability section which provides protection should you be sued as the result of operating your automobile . There is a physical damage section which repairs or replaces a vehicle should it be damaged . Each of these sections has limits of coverage or deductibles . There are also additional coverages which can usually be selected such as roadside service .


Input: Does A Whole Life Insurance Policy Have A Cash Value?

Output: Absolutely . Wait a year or two and it will accumulate value . That is a major reason folks go with whole life . Another variation is a permanent equity indexed universal life policy . They accumulate value , usually at a much higher rate , and with the right one , they never go down , since they have a guarantee of zero loss each year . Only a few firms offer these . You should talk with your agent . Thank you . GARY LANE .


Input: Does A Whole Life Insurance Policy Have A Cash Value?

Output: Because a whole life policy is designed to last a lifetime at a level premium it develops a reserve or cash value . In the early years of the policy the premium will be higher than a similar term policy ; however , in later years it will be lower . That cash value can be used to provide collateral for a policy loan . It is the surrender value of the policy .


Input: Does A Whole Life Insurance Policy Have A Cash Value?

Output: Yes , whole life does accumulate a cash value . However , depending on how your life insurance agent set up your premiums it can take a few years . Usually the first 5 to 7 years are paying for the cost of insurance and the cash will accumulate very slowly in early years . There is a page in your whole life policy called the illustrations page . This is a chart of cash value from year to year of the cash value accumulation .


Input: When Does Life Insurance Start?

Output: While the definition is and seems simple , there is no more trickier issue in life insurance than when coverage starts . Most policies define start of coverage to be when the application is accepted and approved , payment is received and no outstanding policy delivery requirements remain outstanding . Interestingly enough , no agent has any binding authority with life insurance , which tells you right there how strictly the start-of-coverage rules are with life insurance . One word of advice : once you think your coverage is in force , ask for a note or letter stating so . Never assume that your coverage is in force until and unless all 3 conditions above have been met .


Input: When Does Life Insurance Start?

Output: Life insurance starts when the policy is paid and `` in force '' on the books of the insurance company . This assumes that the policy in not a graded benefit policy which generally goes into effect after 21 years , or a `` guaranteed issue '' policy which has the same exclusions . On regular life policies , a death benefit will be paid during the first 2 years except for fraud in the application or suicide of the insured .


Input: When Does Life Insurance Start?

Output: Life insurance will start on the desired effective date of the application provided the application has been approved , rate-ups , riders or any other policy changes have been accepted and premiums are paid . Since most life insurance companies require first months premium submitted with an application , once approved the policy will go into force .


Input: When Does Life Insurance Start?

Output: In Canada , with the majority of companies the life insurance policy officially starts after than policy is delivered to the owner and there are no delivery requirements outstanding . If there has been a chance in health since the application was taken then the policy has to be returned to the insurance company for review . If some basic requirements are met then a temporary insurance agreement can be issued that lasts for s a stated period of days while the policy is being underwritten . As mentioned by Robert , do not assume ask and get it in writing . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: When Does Life Insurance Start?

Output: Great question ! The simple answer is once it has passed through the underwriters and the policy is approved ; your payment -LRB- which can be paid up to 30 days from the date the application is signed for some companies , btw -RRB- has been received and processed ; and you have received and returned the `` receipt of policy '' notice that some companies will require . After those things have been accomplished , your policy will usually be in effect . Some States have rules that can affect when coverage begins also . The best thing to do is to call as soon as you see the first payment has cleared , and have them tell you the policy is active . I hope that helps , if you have more questions , contact me , I 'm happy to help . Thanks for asking !


Input: When Does Life Insurance Start?

Output: For the consumer , most companies provide a conditional receipt which places all or some of the coverage in force on the date of application . It is called conditional because the case must still qualify to be issued . If the cause of death is accidental , that requirement is often waived . Otherwise it is the date when the company accepts the risk and the insured pays the initial premium .


Input: Is Eylea Covered By Medicare?

Output: In South Carolina there are several medicare companies that pay to offset yuor total cost of replacing yuor glasses . Original Medicare does not . Medicare Advantage also pays for glaucoma screening and cataract surgery . I do not mean to make this sound like I am recommending that you buy a Medicare Advantage plan because I still think if your budget will allow you to stay with original medicare and have a medicare supplement it may be to your advantage because once you switch to medicare advantage and then wish you had stayed with original medicare you will have underwriting questions


Input: Is AD&D The Same As Life Insurance?

Output: AD&D is short for Accidental Deaty and Dismemberment . This means that if you die due to an accident this insurance may pay a death benefit . If you lose a leg , arm , hand , etc. and survive the accident there may be a benefit paid to you . Life insurance differs in that it pays the face amount when the insured dies providing the cause death was not excluded in the insurance policy . Keith Prim - Dallas , TX 214-435-0791


Input: Is AD&D The Same As Life Insurance?

Output: No , AD&D , Accidental Death and Dismemberment Insurance , is not the same as Life Insurance . AD&D only covers death or dismemberment that occurs as the result of an accident , such as car accident or falling off a ladder . Life insurance covers death due to all types of illness and all types of accidents . It even covers death by suicide after the first two years .


Input: Is AD&D The Same As Life Insurance?

Output: Great question ! And the answer is no ! Many people believe that an AD&D policy is a cheap way to insure themselves if they were to pass , but these policies most often do not cover any form of death by illness , and often have strict definitions of what an accident is . For example , you are bitten by a spider , and the bite causes an allergic reaction that kills you . The bite certainly was n't intentional on your part , but does n't qualify as an accident in most cases in the eyes of the insurance company . There would be no payout in this case . The life insurance policy would have paid , however , as there are very few exemptions that would disqualify payment . I know that can seem confusing , but if you need more information , please contact me , and I 'll help with whatever questions you have . Thanks for asking !


Input: Is AD&D The Same As Life Insurance?

Output: No , AD&D is not the same as Life Insurance . Accidental Death and Dismemberment Insurance only pays if death is cause by an accident , or if a limb is lost due to an accident . It will not pay if a person dies from illness or old age . Even if the accident is cause by illness -LRB- e.g. getting in a fatal car accident while having a heart attack -RRB- , an AD&D policy will generally not pay the death benefit . Life insurance pays for death cause by illness or by accident . Since most death occurs by natural causes , more death benefits are paid , and the policy has a higher premium than AD&D . But the chance of having a permanent Life Insurance policy pay out is nearly 100 % , where the chance of ever collecting on an ADD&D policy is very low .


Input: When Is A Life Insurance Policy Effective?

Output: A life insurance policy becomes effective on the effective date . That is the official date that the policy is issued by the insurance company . In order to be issued , the insurance application must be reviewed and approved by the company 's underwriter . Once the underwriter gives the okay , coverage goes into effect .


Input: How To Cash In A Paid Up Life Insurance Policy?

Output: To cash in a paid up life insurance policy , contact the company that has issued you the policy . They will provide you with a form that you can complete and sign to perform this action . Before you do that , you may want to inquire about taking a loan against your policy . That way you can keep the death benefit protection but still get use of the cash value .


Input: What Is Considered Full Coverage For Auto Insurance?

Output: Full coverage for auto insurance will typically include property damage coverage , bodily injury coverage , medical payments coverage , collision coverage , other than collision -LRB- comprehensive -RRB- coverage , rental car reimbursement coverage , and towing coverage . Collision and other than collision typically have policy deductibles associated with them from none up to two thousand five dollars per claim .


Input: What Exactly Is A Medicare Advantage MSA?

Output: Medicare Advantage MSA is a rare duck . Essentially a high deductible Medicare plan coupled with a savings account ... much like the HDHP + HSA for the under age 65 crowd . With the Medicare MSA you enroll in a high deductible Part C plan that does not pay until you have satisfied your deductible . You have the option of funding a tax favored savings account to cover some of your out of pocket expense .


Input: Does Medicare Cover Erectile Dysfunction Pumps?

Output: Medicare does cover vacuum erection systems -LRB- VES -RRB- , believe it or not , if you have a medical condition . These pumps are recognized as a treatment device for erectile dysfunction . This may change in the future though as there have been reports in the media that Medicare may consider changing the coverage parameters for this type of item or possibly not cover it at all . I would recommend checking with Medicare before buying one if you want to see if it 'll be covered . You can always pay for it out-of-pocket though .


Input: What Does Life Insurance Cash Value Mean?

Output: Whole life insurance policies also known as permanent insurance along with some other types of products such as universal life insurance build up a cash value after the insurance has been in force over an extended period of time . The cost per $ 1,000 of coverage is more expensive than term insurance and part of the premium is credited to the insureds cash value account . Keith Prim Dallas , TX 214-435-0791


Input: What Does Life Insurance Cash Value Mean?

Output: Permanent life insurance , such as whole life and universal life are comprised of two parts . One part is the pure insurance , or death benefit . The other part is the cash or accumulation account . When you pay your premiums , part of your premium goes to pay for the death benefit , the internal cost of insurance . The remainder is credited to the cash or accumulation account -LRB- minus a small expense deduction -RRB- . This account grows by additions from the insurance company in the form of interest or dividends . Universal life policies earn interest while whole life policies are paid dividends . This interest or dividend is dependent on the performance of the insurance company 's investments and can change year to year . Just like any other accumulation account , the larger the amount the faster it grows . So , at the beginning of the policy it grows rather slowly and , as the account receives more deposits it , grows more quickly . With life insurance , you wo n't receive a 1099 at the end of the year . The tax is deferred until you withdraw it . Then , the withdrawals are considered paid premiums first , until you 've withdrawn as much as you 've paid in . Only after that will withdrawals be taxed at your current income tax rate . This tax deferral is one of the great things about life insurance . You also have the ability to take a loan against the cash value in your life insurance , usually at a very low rate and this does not trigger income tax . Lastly , for a long term need , permanent insurance is the least expensive way to purchase life insurance . Over time , the cash value will grow and will eventually be more than what you 've paid making it essentially free , or better . If this interests you , find a good agent you can trust and he/she will help you put together the right plan for you and your family .


Input: What Does Life Insurance Cash Value Mean?

Output: Thisis the value added to your account as you pay premiums . Initially as you pay into your policyyour cash value will not make any gains . However after a few years this amount will add up and gains are exponential . The average rate of interest is about 3 % . Read Bank on Yourself and purchase a policy from a mutual company . Use the funds as you see fit . Marc Crolius 877.894.4643


Input: Can You Withdraw Annuities?

Output: Most Deferred Annuities allow you to withdraw a certain amount free of surrender charges . Many allow 10 % free each year . Others allow 5 % or whatever interest has accumulated . Ask your agent or read your contract to find out the specific amount your annuity allows . An Immediate Annuity is usually more restrictive when it comes to withdrawals . It is usually only advisable to take withdrawals from an immediate annuity in the event of an emergency . But since an immediate annuity pays a monthly or yearly income , it is usually rare that people access any withdrawal features .


Input: How Much Life Insurance Can I Afford?

Output: Life insurance can be designed to fit virtually any budget . It is definitely more affordable the younger you are so start early and do so before your ability to qualify medically changes . If your budget is tight , term insurance may be a place to start . For example , for about a dollar per day , a 35 year old in excellent health could buy $ 500,000 of 20 year term life insurance coverage . You can later convert it to permanent coverage , without having to prove you are insurable , when your budget allows for the higher premium . Then you can have coverage you can not outlive .


Input: How Much Life Insurance Can I Afford?

Output: Can you afford not to be covered ? Term life insurance can be purchased as short a period as five years . Some term life insurance companies also sell annual renewable term life insurance coverage . The only real issue here is your medical condition , can you obtain affordable coverage ? Your employer may offer group life insurance , possibly part of your benefits for free or group term life insurance .


Input: Does Allied Auto Insurance factor in DUIs that are more than 3 years old in California?

Output: All auto insurers in California are subject to prop 103 laws and guidelines . This means a DUI is chargeable for 3 years , however the person in question with the DUI will not be a California good driver for 10 years . California good driver is a 20 % discount that would not be available by any Insurer operating in California . Not being a good driver in California can potentially make you unacceptable by certain carriers that will only accept California good drivers . Work with many Insurers including Allied and depending on your situation Allied most likely will accept you as an insured but you will not get the good driver discount .


Input: Do I Need Medigap Coverage?

Output: That is a question only you can answer . Consider this . Medicare has two parts . Part A -LRB- hospital -RRB- and Part B -LRB- outpatient -RRB- . Medicare only pays about 80 % of the cost of your care , you pay the other 20 % . Your financial responsibility is unlimited . If you are comfortable with paying large deductibles for hospital admission and 20 % of outpatient charges you may not need a Medigap plan . The per admission Medicare Part A deductible is $ 1184 . The Part B annual deductible is $ 147 followed by 80 % coinsurance . -LRB- Medicare pays 80 % , you pay the balance -RRB- . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: Why Buy Medigap?

Output: Original Medicare -LRB- Parts A & B -RRB- only cover about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . While 20 % does n't sound like a very big figure , it can add up to a nice big medical bill really fast . For example , if you had a procedure done that cost $ 10,000 and Medicare paid for 80 % -LRB- $ 8,000 -RRB- , you would be responsible for the other $ 2,000 of the bill - how many people can just get out their checkbook and write a check for that amount ? That number can be a lot higher too . The idea of a Medicare Supplement plan -LRB- commonly referred to as a Medigap Plan -RRB- is to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a much , much more predictable health care expense structure - and when you 're on a fixed income , this is vital . A plan F is the most comprehensive Medicare supplement plan available in the marketplace today - plans C , G , and N are very competitive as well .


Input: Why Buy Medigap?

Output: The big reason to buy a Medigap plan is Medicare Part A & B does not cover everything by itself . The bigger reason is the 20 % that is n't covered has no limit ! I am not sure why anyone would want to leave themselves exposed to a limitless risk . Medicare along with the right Medigap plan is great health insurance . The ability to see any doctor you want and to be able to control your out of pocket expenses for healthcare is important . Once you have a Medigap plan your benefits ca n't change as long as you have that plan . Speak to an independent agent that specializes in Medigap plans and you will save a lot of time and money selecting the plan that meets your needs .


Input: Who Qualifies For Medicare Under 65?

Output: Anyone who has paid Medicare taxes for at least forty quarters and been on SS Disability for twenty four months qualifies for Medicare . My youngest Medicare client was thirty years old at the time I assisted him . Forty guarters is ten years of working where a person is paying into the Social Security System .


Input: Can I Put Insurance On An Automobile I Don't Own?

Output: In general , no , not for physical damage to the car . To insure property you need to have an insurable interest in the property you 're protecting . In other words , you have to have something at risk . If you do n't own it , what do you have at risk ? This why titling is so important . You could , theoretically , put insurance on a car you do n't own and not tell the insurance company that it 's not titled to you . Hopefully , your insurance agent is experienced and professional enough to ask who the car is titled to , but it does n't always happen . So , say you 've insured this car you do n't own and you get into an accident . You submit your claim to your insurance company to get your car repaired . One of the first questions a claims adjuster will ask is `` who is the car titled to ? '' . If the answer is n't you , you 've got a problem . The insurance company will only pay the registered owner of the car . They are the only party that has a loss . The only exception to this is if the car is financed or leased . In this case , the finance company will require , as part of the contract , to be listed as a loss payee . This entitles them to collect on the damage to that car . That 's how it applies to physical damage . For liability or injury , it 's different . Here , the insurance follows the insured . You could , theoretically , get liability insurance without owning the car you 're driving . Again , your agent will ask who owns the car , and they 'll believe what you tell them . If a claim happens for injury or liability , they will protect you , the insured . I do n't know why you 'd want to insure a car you do n't own , but I have an idea . It could be that a friend or relative is loaning you a car because you do n't have one of your own or it could be that a child , or someone else in your household owns this car but does n't want to , or ca n't , insure it themselves because they 're young and it 's expensive , or they have such a bad driving record they just plain ca n't get insurance . Either way , do n't get yourself in a situation where you have to lie to your insurance company or agent . If something happens , the truth will come out and you may not get anything out of it anyway . Be smart . Find an agent you can trust and be truthful with him/her . They 'll tell you the right way to do it so that you do n't put yourself or your family at risk .


Input: Is A Loan From A Life Insurance Policy Taxable?

Output: Is a loan from a life insurance policy taxable ? No , loans do not create a taxable income situation which is why they are used by those who own cash value policies . A policy loan is a great tool to have at your disposal . Usually in a few days money can be wired into your account , which is great when you need money fast . You do n't have to ask permission , state your case as worthy for the need , you just call or email and it 's done .


Input: Is A Loan From A Life Insurance Policy Taxable?

Output: Are policy loans taxable ? They very well could be . If the life insurance policy is a modified endowment contract , loans are taxable . If the life insurance is a non-modified endowment contract and the policy lapses , is surrendered or the policy reaches its maturity dateall policy loans , -LRB- those received and internal -RRB- are ordinary income tax events is the year they occur .


Input: What Is The Best Medicare Replacement Plan?

Output: Medicare Advantage plans are technically a Medicare replacement plan . When you enroll in a Medicare Advantage plan you are no longer in traditional Medicare . Rather you are enrolled in a privatized form of Medicare . Your doctor , if they participate in the Medicare Advantage plan you chose , will file claims with your Medicare Advantage plan , not with Medicare . There is no `` best '' Medicare Advantage plan . The one that meets your needs and budget is what is best for you .


Input: Can You Pay Car Insurance By Credit Card?

Output: That is up to the discretion of your insurance carrier . There are some carriers that will accept a credit card as a payment method . Many carriers will only accept ; automatic bank draft , cash , or bank debit card to pay your insurance premium . Contact your local agent to find out the payment forms that your carrier will accept .


Input: Can You Pay Car Insurance By Credit Card?

Output: I have never heard of any carrier refusing to not take a credit card for the down payment but not every carrier will use the card for automatic payment . However I do have insured that have those pre paid credit cards and if you contact the financial institution they do have routing numbers and account number that they can give you to set up automatic payment off that card as though it was a checking account number Many agents will not take the time and help you find our this information but it sure can make your monthly billing less setting it up on automatic payment


Input: What Is A Disadvantage Of Annuities?

Output: There are several considerations when purchasing an annuity , some of which could be construed as negative characteristics : fees , surrender charges , commissions . But many savings vehicles and investments have similar items that some deem as draw backs as a good financial product . Are the advantages worth the draw backs ? Each annuity product must be assessed on its our virtues .


Input: What Is The Best Rated Medicare Advantage Plan?

Output: Medicare Advantage plans have star ratings issued by CMS . The highest is a 5 star plan but you may have difficulty finding such a plan in your area . Most Medicare Advantage plans have doctor and hospital networks . If you choose a plan based on star ratings you may find that your doctor does not accept the plan .


Input: Does Medicare Cover Incontinence Diapers?

Output: As Peggy indicated , Medicare Part B does not cover incontinence diapers . This means there are no discounts , even if you purchase from a Medicare approved DME provider that accepts assignment . Many retailers such as Target and Walmart will carrier adult diapers and have good pricing . You should also consider warehouse clubs such as Costco and Sams as well as online retailers including Amazon .


Input: Does Medicare Cover Incontinence Diapers?

Output: Unfortunately , Medicare does not cover adult incontinence diapers and bed liners used at home because they are thrown away after each use , and not considered Durable Medical Equipment -LRB- DME -RRB- . If hospitalized or in a skilled nursing facility , Medicare will pay for incontinence diapers under Part A. Medicare will cover catheters .


Input: Who Is A Good Homeowners Insurance Company?

Output: That is a great question ! There are several really good companies out there that might qualify as `` best '' for you . My definition of best is lowest price for the highest , most comprehensive coverage with the lowest deductible and the best customer service and claims history . The financial stability and reputation of the company and its agents counts in a big way also . Go online , and check your State 's Department of Insurance records and see if the BBB has any complaints on file for the companies that you consider . Find a good independent agent to help you compare coverage and costs . Do your homework , you are about to enter into a long term relationship with your insurer , you want to be sure you 're compatible ! Thanks for asking !


Input: Who Is A Good Homeowners Insurance Company?

Output: A good insurance company is one that pays claims quickly & efficiently . I 'd recommend checking the AMbest rating of the insurance company as well as BBB for any complaints . You should also check with your local independent insurance agent to see how their experience is with that particular company .


Input: Who Is A Good Homeowners Insurance Company?

Output: A company is only as good as its ability to stand by its promises . Fortunately state insurance commissioners work hard to make sure that the companies admitted to doing business in their state can fulfill their promises . You are relatively secure buying a homeowners policy from any licensed agent representing an insurance company that is admitted to your state .


Input: Who Is A Good Homeowners Insurance Company?

Output: A `` good '' homeowners insurance company is one who has it 's financial house in order and knows how to handle claims in an efficient and compassionate manner . Naturally , you should rely on your Insurance Professional with whom you should discuss your options , but you can check a company 's financial ratings very easily by looking up the company . Most company websites will publish their ratings from A.M.Best , Moody 's etc which will give you a good idea as to their financial strength . Consumer Reports and others also publish company ratings each year which also reflect the financials but includes customer relations and servicing .


Input: Can You View Medicare Claims Online?

Output: Well , kind of . If you have established an account at mymedicare.gov you can review claims submitted and adjudicated by Medicare . If you have a Medigap plan , your mymedicare account will show if those claims have been submitted to your gap carrier or not . Medicare Advantage participants can review claims at their carrier site .


Input: What Is The Best Type Of Life Insurance Policy To Have?

Output: Life insurance is a matter of mathematics . There are years of historical data that allow companies to predict with a high degree of accuracy the probability that you will die during a specific period of time . Policies are designed to meet your requirements . If you need protection for a limited period of time a combination of term policies might meet your needs best . If you have lifetime requirements then permanent insurance is the way to go .


Input: What Is The Best Type Of Life Insurance Policy To Have?

Output: The best type of life insurance is the one you keep active . As mentioned above , sometimes people will choose to purchase multiple short term policies to cover them through much of their lives and save money on the side so when they are done with the active policies they are closer to being self-insured . Bottom line is , no policy is good if you ca n't realistically afford to keep it . It very well may be the case that in the toughest financial times , life insurance will be most impactful .


Input: What Is The Best Type Of Life Insurance Policy To Have?

Output: What is the best policy to have ? The first answer is always the one that is in force the day your family needs it . The overall answer to what the best policy to have is simply the policy that fits your stated wants and needs the best way .


Input: What Is The Best Type Of Life Insurance Policy To Have?

Output: The best type of life insurance policy to have is one that will be in effect , and pay the death benefit , if and/or when it is needed . How to achieve that at the lowest cost has been debated by great financial experts for many years . Some argue that it is best to take out a series of short term policies -LRB- which have the lowest premiums -RRB- , while saving money on the side , so that eventually you do not need to take out any more life insurance because you are self insured . Others contend that you come out ahead in the long run taking out permanent insurance with cash value -LRB- which has a higher premium -RRB- , due to features of the policy and because you are more likely to keep up a life insurance policy than save enough money on the side . Most financial professionals fall in the middle somewhere . They evaluate your needs and recommend term insurance for some , permanent for others . That is what I would suggest if you would call me . Thanks for asking and let me know if I can help .


Input: Does Renters Insurance Cover Broken Computer?

Output: Renters insurance is not designed to cover a broken computer unless the damage is due to a covered peril . If your computer is damaged in a fire , is stolen , a windstorm causes a tree to fall into your house , that type of thing . It is not designed to cover your hard drive crashing or general breakdown due to normal use .


Input: When Is The Best Time To Get Long Term Care Insurance?

Output: The best time to secure long term care insurance is when youre young and healthy , especially if you have a family history of chronic illness or nursing home confinement . Most advisers begin addressing long term care insurance with their clients and prospects around age 50 . But in reality , most pre retirees purchase long term care insurance in their early 60s .


Input: Does Medicare Pay For Cialis?

Output: No , Medicare does not pay for Cialis or other erectile dysfunction drugs . Medicare Part B will not cover Cialis , nor will Medicare prescription plans -LRB- Medicare Part D -RRB- . Sometimes drug discount cards offered through other entities will pay a discount for the purchase of erectile dysfunction drugs such as Cialis , Levitra , or Viagra .


Input: What Insurance Do I Need If I Rent A Home?

Output: If you rent a home , you need ... yes , you guessed it ... Renter 's insurance ! Of course . Since you rent the home , you do not need to provide coverage for the structure . However , your belongings should be covered along with some liability protection as well . Your policy will provide those benefits and many others as well .


Input: How To Purchase Home Insurance?

Output: The best way to be sure that you are selecting the best fit for your needs is to talk to your Insurance Professional . You will need to provide the property location and whatever particulars about the house that you have , including style , year of construction and square footage , as examples . Your insurance professional will use this information , along with other source data from public record , real estate listings and most importantly , an on site visit to complete a reconstruction analysis upon which the recommendation will be based . Talk about deductible options and discounts that can help manage pricing .


Input: Is Building Insurance The Same As Home Insurance?

Output: There are several different property policies . Because commercial policies are complex they are broken into sections . A building policy provides coverage for a commercial building . A homeowners policy is a specialized policy . It combines the property and liability coverages that most homeowners desire in a single policy . This policy saves the homeowner money and provides comprehensive coverage .


Input: What Is Not Covered By Medigap?

Output: It all depends on which plan you choose . The government dictates which plans can be offered and these plans do n't vary by insurance company . So once you pick a plan the benefits from that plan are predetermined . Medigap plans are not meant to cover extended continuous health care needs -LRB- those that last over a year -RRB- . They also are not intended to cover the items you find covered under a long term care policy .


Input: What Is Not Covered By Medigap?

Output: It depends a lot on which Medigap Plan you have . Medigap Plans are designed to cover most of what original Medicare Part A & Part B does not cover . However , all Medigap Plans do not have prescription drug coverage . You would need to get a Part D plan in addition to cover prescriptions . This is a good thing because you will be able to change your drug plan as your prescription needs change without needing to change your Medigap Plan . Medigap Plans also do not cover dental and vision , however , you can get a separate dental/vision plan . The quickest way to find out what Medigap Plans cover and is to go to our website . You can compare Medigap Plans instantly online at SummitMedigap.com .


Input: Who Needs Short Term Disability Insurance?

Output: Short term disability insurance pays out a lot sooner than long term disability -LRB- typically in 7 or 13 days -RRB- . That means you can cover immediate costs when you 're unable to work and need an income . Anyone who does n'twant to drain their savings -LRB- since most people only have 3 months of cash reserves -RRB- should look into short term DI , or check to see if it 's offered through your work .


Input: Who Needs Short Term Disability Insurance?

Output: Most Americans are aware that they have Social Security Disability Insurance , but its limited in its scope of coverage . Many employees of corporations and businesses have short term disability coverage in their employer sponsored group benefit plans . But if thats not the case , you should consider short term disability insurance . Most Americans have 90 days in cash reserves to pay household expenses . The odds are high that youll experience a disability during your working career .


Input: How To Calculate Group Life Insurance?

Output: If you are referring to imputed income as it relates to group life insurance , you can find a calculator for that factor at this website : WEBSITELINK That will tell you what part of the group life insurance policy you will be taxed on .


Input: What Is The Best Homeowners Insurance In Delaware?

Output: The Best Homeowners Insurance Company in the State of Delaware may be Stillwater Insurance Company ; they offer excellent customer service , an online portal for client payments and outstanding claims service . Delaware Home Insurance has never been so easy , convenient and affordablefor preferredresidential home risks ! There is a link providing an online format to obtain a quote and buy Delaware Home Insurance online ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: How Long Does It Take For Life Insurance To Become Effective?

Output: Life insurance formally goes into effect after the policy has been issued , the delivery requirements have been returned , and the first premium has been paid . If coverage has been `` bound '' -LRB- the first premium paid at the time of taking the application -RRB- , temporary life insurance protection will be in effect until underwriting has been completed . And some No Exam policies are put into effect upon completion and approval of a digitally signed application , making delivery requirements unnecessary .


Input: Is Western Southern Life Insurance A Good Company?

Output: According to their website , Western Southern Life Insurance Company has the following ratings : Standard & Poor 's : AA + AM Best Company : A + Fitch : AA It takes a good life insurance company to get good ratings . To compare the prices of Western Southern Life Insurance products with the life insurance offered by other highly rated companies , use an online quote engine or call in to an agency that sells more than a few carrier 's products .


Input: Will Mayo Clinic Take Medicare?

Output: Mayo Clinic does take Medicare , however , Mayo Clinic does not accept assignment from Medicare for professional and physician services . Medicare does accept assignment for Mayo Clinic Hospital Facility charges . Therefore , if you are not receiving inpatient services , you will owe a small part of your payment to Mayo Clinic out of pocket .


Input: What Is Annuity Reinsurance?

Output: Like most forms of insurance , the issuing company may need to spread the risk among a pool of reinsurance partners . An annuity is a mortality product with a death benefit . The death benefit exposure is a risk to the insurance company . If their retention is too small they share that risk with reinsurance .


Input: What Is The Best Renters Insurance?

Output: The Best Renters Insurance is provided by Stillwater Insurance Group . Renters Insurance is written asa Form HO-4 providing coverage for Personal Property and Personal Liability . Stillwater Insurance does not require the client to have any other insurance with the company in order to provide an affordable renters insurance policy . The insurance is available in multiple states ; a quote may be obtained online at : WEBSITELINK directly by the tenant , if there are no further questions , the policy may be purchased directly online .


Input: What Is The Best Renters Insurance?

Output: The best renters policy is the one that you have in force on the day you experience a loss . If the company pays the maximum allowable settlement , then it is a really wonderful policy . The premium for the policy is insignificant compared to the settlement that you could receive . This type of policy is sold by an insurance agent .


Input: What Is Federal Employees Group Life Insurance?

Output: Federal Employees Group Life Insurance -LRB- FEGLI -RRB- is the largest group life insurance program in the world . It was established in 1954 to provide term life insurance protection for federal employees and retirees in the United States . It comes in Basic coverage -LRB- of which you pay 2/3 and the government pays 1/3 -RRB- and Optional -LRB- which can be added onto Basic at your expense -RRB- .


Input: When Does Medicare Pay As Secondary?

Output: It depends on your specific situation . Typically Medicare pays secondary to employer health plans depending on how may employees the employer has . If you have only Medicare and let 's say a Medicare Supplement , Medicare would be primary . Keep in mind it depends solely on what coverage you have with your Medicare .


Input: Can You Have Dual Health Insurance?

Output: Can you have dual health insurance ? Yes , you can in some cases have two plans . Today with employees sharing more and more of the premium costs of coverage , you do n't see it very often where spouses are dual covered by both employers , at least with health insurance . It is not that uncommon for fringe benefits like dental as it boosts total coverage . It comes down to cost in most cases , is it cost effective to pay two premiums for coverage that ca n't exceed 100 % ? Does it pencil out ?


Input: Can You Have Dual Health Insurance?

Output: Re dual health insurance , if you are referring to two policies that both cover near-identical benefits , there would simply be no purpose to doing that , as it would be a waste of your money . If you are referring to covering two persons on the same policy -LRB- husband and wife -RRB- , then it can be done and is very popular .


Input: Does Arthritis Affect Life Insurance?

Output: Aside from the type of arthritis , insurance companies want to know about stability -LRB- have you had recent attacks ? has your mobility or strength gone backwards over the past years ? -RRB- , treatment -LRB- are you taking narcotic pain pills ? are you on steroids ? -RRB- and the impact of the arthritis on your life -LRB- are you able to work full time ? can you dress and bathe yourself without assistance ? -RRB- . As with most health conditions , arthritis ranges from mild to severe and the type and degree of arthritis you have can affect your premiums accordingly .


Input: Does Arthritis Affect Life Insurance?

Output: Any medical issue can have an impact on your life insurance application . Companies have underwriting guidelines that address both osteo and rheumatoid arthritis . If you have detailed specifics about your arthritis , I suggest you provide details about the arthritis to the insurance company and ask them for a probable underwriting outcome . This gets you in the ballpark , but realize that until you actually go through the underwriting process and the company gets a look at your medical file , it will all just be an educated guess .


Input: If I Move To A New State, How Long Do I Have To Get New Auto Insurance?

Output: That is a great question ! Here in Texas , it is 30 days , but each State will have its own regulations as to the time period they will allow to pass before ticketing you for not being properly registered . I had to have a policy that was issued in Texas before being able to register my car and get plates , you may need to switch your policy first also . I 'd recommend going on line to your new State 's Department of Motor Vehicles or Secretary of State webpage and see what your State requires . Good luck with your move , and thank you for asking !