Input: How Long Does It Take For A Life Insurance Claim To Be Paid?

Output: Typically , a life insurance claim is paid within a few short weeks if everything is in order . The beneficiary needs to contact the insurance company for a death claim form which is a short one or two page form and have a certified copy of the death certificate . It should be worked as soon as it is received by the carrier and funds released . The only hold ups would be a contestable death within first two years of the policy effective dateif the death was an apparent suicide which is excluded for two years .


Input: How Long Does It Take For A Life Insurance Claim To Be Paid?

Output: How long it takes a life insurance claim to be settled depends on the insurance company . Generally once the insurance company is informed of the death of the insured it will initiate the claim and ask you to provide a copy of the death certificate . Once the death certificate is received by the insurance company it should n't take more than two weeks to issue the benefit check . But again , that depends on the insurance company .


Input: How Much Does Health Insurance For One Person Cost?

Output: It varies from person to person . Your age , where you live , if you use tobacco products , and if you qualify for a subsidy to reduce your premium will determine how much a good policy is going to cost . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . All of the plans offer good coverage . A silver or gold plan are your middle of the road type of plans because they provide strong coverage at an affordable price . I always recommend consulting with an experienced health insurance broker before you apply for anything . We can help you determine the plan that 's going to be most suitable for your needs and budget . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Can I Get SR22 Insurance Without A Car?

Output: Keep in mind that an SR22 really is n't insurance at all . It is a state filing that attaches onto auto insurance . For people who do not own vehicles , the SR22 can be attached to either a named operators policy -LRB- aka non-owners policy -RRB- or a broad form named driver auto insurance policy .


Input: Can I Get SR22 Insurance Without A Car?

Output: Yes , you can purchase a non-owned auto policy with a SR-22 . The non-owned auto policy typically provides liability , uninsured and under-insured motorist coverage . This type of coverage is typically more costly than the same coverage for someone that does own a vehicle . Contact a local agent to find out about availability and pricing within your area .


Input: How Can I Compare Annuities?

Output: It is best to find an independent agent who specializes in annuities . They can help you sort through the hundreds of annuity products out there , and show you a comparison of products well suited for your situation . It is important to use an independent agent who will show you multiple companies . If you go to a specific insurance company , all they will show you are annuities from their company . An independent agent can show you annuities from all of the companies out there . As a consumer , be sure to try your best to have a set of defined goals you can go over with the agent . This will help them find suitable products to show you . You can also do your own homework on the internet . There are many different sites out there that will show annuity comparisons . But as I eluded to before , it is easy to get bogged down in all the info for hundreds of annuities . Some sites try to help by showing what they consider `` consumer friendly '' annuities , such as WEBSITELINK


Input: How Much Should I Pay For Disability Insurance?

Output: The average cost of disability insurance is between 1 and 3 % of one 's annual salary . Women pay a little more because they have more frequent and longer claims , on average . If a supplemental policy to boost the income replaced by a group policy , the average cost is 1 % of one 's annual salary .


Input: How Can I Tell If My Auto Insurance Agent Is Ethical?

Output: First you trust but verify . Check to make certain the terms and conditions that he is explaining to you match up with the terms and conditions in writing on your policy . Just like with any type of insurance , speak to more than one agent and go with the one that communicates well with you .


Input: Does Renters Insurance Cover Broken Pipes?

Output: A renter 's policy could cover damage to other people 's property -LRB- i.e. a floor below you -RRB- should a pipe burst . Otherwise , no coverage is afforded for the residence or `` dwelling '' . Personal Property would be covered for Water Damage if you have a named peril policy that covers water damage


Input: Does Renters Insurance Cover Broken Pipes?

Output: A renters policy does not provide coverage for the residence . It only provides for personal property that is damaged . If the broken pipes are the result of property damage on the part of the renter , then there would be liability coverage available .


Input: Is It Smart To Buy Long Term Care Insurance?

Output: It is usually smart to buy Long Term Care Insurance if you have assets to protect and can afford the premium for Long Term Care Insurance . It is not smart to buy Long Term Care Insurance if paying the premium would be an extreme hardship , and if you have so few assets that Medicaid would pay your long term care expenses within a very short time .


Input: Does Bank Owned Life Insurance Really Work?

Output: Bank-owned life insurance `` works '' in the sense it is typically reputable and the underwriting carrier is fairly highly-rated . However , often , the beneficiary is not your spouse or other family member but rather the bank itself . Also , plans may be limited and the premium you pay might be higher -LRB- perhaps significantly -RRB- than other available options . Always shop around for life insurance , especially term coverage .


Input: Does Bank Owned Life Insurance Really Work?

Output: Bank owned life insurance -LRB- BOLI -RRB- allows banks to obtain better after tax return on assets than tier 1 capital . The bank is owner and beneficiary of the life insurance , not bank executives . Regulations have tightened in recent years and banks must have a legitimate reason to own life insurance on the lives of highly compensated executives of the bank . BOLI is usually set up to informally fund nonqualified benefit plans for selected executives . The executive is an insured in these policies but has no ownership interest . The executive 's family not a beneficiary of the policy though the nonqualified benefit agreements may have death benefit provisions which are income taxable to them unlike a life insurance policy death benefit . Though not BOLI , split dollar arrangements have reemerged which can overcome most BOLI shortcomings and allow both the bank and the executive to directly participate in and benefit from a life insurance contract .


Input: What Is Business Owned Life Insurance?

Output: Business owned life insurance is insurance owned by the business usually on the lives of shareholders or key employees . Business life insurance can be used for a variety of purposes , including the funding of a buy-sell agreement , key person protection , covering a loan and more . Cash value life insurance is often used as part of an executive compensation plan to supplement retirement . In Canada , the death benefit is received by the company tax free , a portion of which can be paid out as a tax free capital dividend to shareholders -LRB- a simple explanation of a complex issue -RRB- . This provides some estate planning opportunities . 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: What Is Business Owned Life Insurance?

Output: A business is an entity . The business has insurable interests in specific employees . It can , with the cooperation of the employee , purchase life insurance on any employee . If the loss of a certain employee will have a negative effect on the company , they may buy insurance on that employees life . Banks will loan money to businesses but require personal guarantees . In these cases the company buys life insurance to cover the loan so that the banks interests will be satisfied immediately . There are many other instances where a company will buy insurance on an employee .


Input: What Is Business Owned Life Insurance?

Output: That is an excellent question ! There are times when an employee is so important to a business that if they would pass , the business would suffer , and possibly fail . To help guard against that , there are policies that the business can purchase to provide in the event of that employees death . For example , two people own a business . One passes , and the policy provides enough money for the remaining partner to buy the deceased partners share of the business . Or a company insures its best technician , because should they pass , the company would have a loss when they have to hire and train a replacement . The tech and his family see none of the money , it stays with the company . I hope that helps . Thanks for asking !


Input: Can You Have Medicaid And Medicare?

Output: Yes . Eligibility rules for Medicaid is going to vary by state . Medicaid can help pay for services and costs that Medicare does n't cover . When you have both programs , Medicare pays first and Medicaid will pay second.If you qualify for Medicaid in your state , you automatically qualify for extra help paying for your Medicare Part D prescription drug coverage .


Input: Does Auto Insurance Cover The Car Or The Driver?

Output: When it comes to auto insurance and you are driving another vehicle that is not your 's your insurance will be primary for the liability coverage and then the liability insurance for the person that owns the vehicle would be secondary . Comprehensive and collision coverages typically are only for the vehicle that they are registered to . As always read your policy completely to know what is covered and what exclusions the policy may have or call your local agent and have them go over the coverages and exclusions with you .


Input: Does Auto Insurance Cover The Car Or The Driver?

Output: Great Question . Usally and you should always check with your current insurance compay . Insurance follows the car not the driver . So if you borrow my car with my permission and you get an a car accident my auto insurance should cover the accident . So please check with your current insurance compay for more detail .


Input: What Is Oxford Health Insurance?

Output: Oxford Health Insurance is a large reputable insurer and is part of UnitedHealthcare . It offers coverage primarily in New York , New Jersey and Connecticut . Their rats are typically very competitive and they have a wide range of products for individuals and families . A licensed broker can review and shop their plans for you .


Input: How Much Does Life Insurance Cost In Arkansas?

Output: The cost of life insurance in Arkansas varies greatly according to the insured person 's age , tobacco use , health conditions , build , and other risk factors . The type of policy purchased also makes a big impact on premiums . The cost of a 10 year Term policy can be as low as 1/10 of what a Whole Life policy costs . However , the premium goes up every 10 years , whereas the cost for Whole Life stays the same for the rest of your life . You can visit or call a website that offers life insurance in Arkansas to find the cost of life insurance for you , or visit a local agency . They will help you find the policy at the lowest cost and with the features you desire .


Input: How Long Will Medicare Pay For Hospice?

Output: Medicare should pay for hospice all the way through except for a deductible and coinsurance if you do n't have a Medicare Supplement Plan . After 90 days you would need to use lifetime reserve days or pay all the costs . To qualify for hospice care , a hospice doctor and your doctor must certify that your terminally ill and expected to live 6 months or less . Hospice care is typically at home unless it is determined that it must be medically managed in a facility . The hospice coordinator should be able to give you much more detail .


Input: Does Renters Insurance Cover My Bicycle?

Output: Renters insurance is designed to cover sudden and accidental losses and will cover your personal property `` any where in the world '' . If your belongings are stolen or damaged away from your residence most policies cover up to 10 % . For example , if you have a Renters policy with the following limits : Personal Property = $ 20,000 Liability = $ 300,000 Medical = $ 1,000 Deductible = $ 500 If your bike is stolen away from your apartment you would have coverage up to 10 % or $ 2,000 . Keep in mind your deductible . In the example above you would receive a check for $ 700 - $ 500 = $ 200 .


Input: Does Renters Insurance Cover My Bicycle?

Output: A bicycle is personal property so as long as you purchased personal property coverage as part of your renters insurance policy there would be coverage in the event of a theft or destroyed in a fire or other covered peril . There is no coverage if you damage -LRB- wreck -RRB- the bike . Also keep in mind your renters insurance deductible will apply . Talk to your local agent forfurtherdetails .


Input: Who Should Get Variable Annuities?

Output: Product suitability is based on the clients personal profile , risk tolerance and economic goals . A variable annuity insurance product is a security and as such has the potential to lose money in the actual cash value account . Variable annuities are generally considered long term hold positions purchase ultimately for income . Non-qualified variable annuities accumulate tax deferred with distributions taxed on gain and basis free .


Input: Can A Wife Take Out Life Insurance On Her Husband?

Output: Yes , a wife can take out life insurance coverage for her husband as there is an insurable interest . However , the wife can not take out life insurance coverage without the husbands knowledge and consent . The husband must sign the application and submit his personal and medical information to the insurance company 's underwriting department .


Input: Can A Wife Take Out Life Insurance On Her Husband?

Output: A wife can and often does take out life insurance on her husband . And a husband often takes out coverage on his wife . Parents also purchase life insurance on their children . And business owners will often purchase plans on other key employees in the business or their partners in the business .


Input: Can A Wife Take Out Life Insurance On Her Husband?

Output: It 's a good idea for a wife to take out life insurance on her husband . Make sure you have an open conversation with your spouse and express your concern and come together on what you want the life insurance to do . Nothing can replace the loose of a spouse but having a game plan of how life insurance can easy the financial transition , maybe cover the mortgage payment , utilities , car payment or provide you a steady source of replacement income giving you time to grieving before you have to tackle the process of readjusting you life now that your spouse is gone . Know matter what your age is , it 's always a good idea to see if life insurance on a spouse fits your needs .


Input: Is Homeowners Insurance Paid In Advance?

Output: The principle of insurance is that premiums are paid before coverage begins and claims are paid when it ends . Of course , it doesnt always work exactly like that but homeowners policies are always prepaid . If this is the first policy you are buying on a home you have just purchased the title company will take the initial premium out of the closing unless you can show proof that it is has already been paid .


Input: Is Homeowners Insurance Paid In Advance?

Output: Homeowners Insurance is in fact paid in advance ; this is not specific to home insurance ; insurance is a prepaid service of security . However , depending on the insurance carrier , you will most probably be offered multiple payment plans spanning from Annual to Monthly payments . There are few carriers that specifically offer a ` Paid In Full ' discount for those that prepay the annual premium ; if you bump into one of these plans only with select carriers , it would be well worth going with that plan even if the policy premium is slightly greater . You may review options at : WEBSITELINK


Input: What Is An Incident Of Ownership Of Life Insurance?

Output: An incident of ownership of life insurance is the right of the person holding that title to : Change the beneficiary of the policy Transfer the ownership of the policy Borrow from the policy Use the collateral of the policy for a loan Modify the policy Terminate the policy When someone has an incident of ownership in life insurance , the proceeds from the policy can be counted as part of the estate . Some people transfer ownership of their life insurance policies to an Irrevocable Life Insurance Trust to avoid estate taxes .


Input: Why Is Whole Life Insurance Better Than Term?

Output: Whole life is not necessarily better than term insurance , but it can be . Whole life provides coverage , as the name suggests , for the whole of your life , it does not expire like most term policies . Whole life policies usually have cash values which grow in a tax advantaged way . In addition , whole life can provide additional financial and retirement planning opportunities . With term insurance you pay for the coverage and in most cases that is what you get - life insurance at a specified price for a specified term . If you need coverage for the long term , then whole life could be better . If you need coverage for the short term , then term insurance could be better . Another product to consider is Universal Life which could be better . What policy is right for you depends on your individual situation . An independent insurance broker can help you find the right policy at the right price . 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: Why Is Whole Life Insurance Better Than Term?

Output: Better depends on available funds . Something is better than nothing . If you can not presently afford whole life , then getting term insurance is the smart thing . Getting whole life and not being able to afford it , may result in not paying the premium and being left with NO insurance . A reputable insurance agent will only sell you what you need AND can afford . Whole life never changes its premium , unlike term which will escalate at the end of the stated number of years . Also whole life builds up cash value . That value can be borrowed against , and not repaid , kept tax free , although it will lower the death benefit if not repaid . Whole life can eventually pay its own premium , from the cash value being built up . But be sure you can afford whole life at the beginning . Do not ever leave yourself with no insurance . Thank you . GARY LANE .


Input: Why Is Whole Life Insurance Better Than Term?

Output: That is an excellent question . You should be aware that there are times when a term policy makes more sense to have , but there are two points that make a whole life policy better than a term . The first is that a term policy ends . After that happens , you have to renew , or get another policy . If your health declined during the policies life , that may make it difficult to get another policy . In any event , your increased age will cause the new policy to be more expensive . A whole life policy ends when you do . your health can decline , and it has no effect on your locked in payment . The second is that term policies have no value , other than what the face amount is should you pass . A whole life policy will generate a fund of cash that can be borrowed against , should you ever need . I hope that helps . Thanks for asking !


Input: Why Is Whole Life Insurance Better Than Term?

Output: I would not say that whole life is better than term life . It really depends on the clients need for life insurance . Whole life insurance name is literal , it is a face amount of life insurance that will last your whole life at a fixed premium . It is typically more expensive than term when your young therefore the face amount is typically less than a term insurance counter part . It is however much more affordable in later years because of the fixed rate . Term life insurance is typically more affordable in younger years with a fixed time period of level premiums such as 5-10-15-20-30-35 years . Term life insurance is used to cover a time period of debt such a mortgage . For example you purchase a home with a $ 250,000 mortgage for 30 years . It would be prudent to purchase a $ 250,000 30 year term policy as well . Try to avoid mortgage life insurance unless you are uninsurable . This term is known as decreasing term life and reduces as the mortgage is repaid . With straight term life , your loved ones will receive the difference of the face amount instead of the insurance company .


Input: How Much Is Ocella Without Health Insurance?

Output: The best way to shop for the lowest cost of any medication , including Ocella , is to visit the web site goodrx.com , which allows you to enter the name of any medication , the zip code where you want to pick up the medication , and then shows you a list of local pharmacies , along with the estimated cash price , and a coupon you can use at the pharmacy of your choice to get the lowest price possible . In my zip code in Georgia , I see cash prices ranging from $ 63 to $ 87 , and discounted prices from $ 33.57 -LRB- at CVS -RRB- to $ 57.15 . Everyone , with or without insurance , should always shop for their medications on this site . It 's THE place to find the best deal possible .


Input: What Does SSDI Medicare Cover?

Output: SSDI Medicare , Social Security Disability Income + Medicare is the same Medicare coverage available to those who are age 65 or older and qualify for regular Medicare . If you meet the Social Security definition of disability , once you have been totally and permanently disabled for 2 years you qualify for Medicare .


Input: Can You Sign Up For Car Insurance Online?

Output: These days we can do almost anything on line and yes , signing up for car insurance is one of those things . Some companies only offer an on line experience , others offer products only through traditional brick and mortar locations and some offer both alternatives . As an agent and a licensed Insurance Professional , though , I am partial to the direct personal approach . The benefitsof sitting down and talking to a professional in my opinion are vastly different from filling in blanks on a computer screen . One on one , questions can be answered an you can be more sure that you are going to end up with the protection you need for you and your family that is customized especially for you . And , when the initial transaction is complete , you not only have the peace of mind that proper insurance provides , you also have the assurance of knowing that you have someone you trust working for you who will be there when you need them the most .


Input: What Is The Best Medicare Advantage Plan In Texas?

Output: The best Medicare Advantage plan in Texas is one that meets your needs and budget . Medicare Advantage plans vary greatly from state to state and even within a state . Medicare Advantage rates and benefits are based on your zip code or county . A plan that is available in your county may not be offered in an adjacent county . Advantage plans have a lot of moving parts and several thousand dollars in out of pocket expenses when you have your greatest need for the plan . Most Advantage plans have networks . Some plans will cover out of network expenses but with higher copay 's and out of pocket while other plans will not cover any non-network expenses except in the case of life and death emergency .


Input: Does Homeowners Insurance Cover Animal Damage?

Output: It depends upon what you mean by Animal Damage . Your insurance policy will not cover damage to your own property caused by your animal . That is not technically accidental . Your insurance might cover damage caused to your home/personal property caused by another animal . It will depend upon the type of homeowners policy you have and whether that damage is excluded by endorsement or not covered at all . If you are talking about animal damage to another person because of a bite , then that will be something covered by your homeowners liability UNLESS the dog has a known history of biting others . I hope this helps .


Input: How Does Life Insurance Check For Smoking?

Output: Fully underwritten life insurance requires blood and urine tests for a variety of medical items . Urine analysis can detect smoking behavior by testing for cotinine a byproduct of tobacco in cigarettes . Cigarette smoking can impact your life expectancy , so the life insurance company charges more because your life span is less based on the statistics of smokers .


Input: How Does Life Insurance Check For Smoking?

Output: If you are applying for a policy that requires an exam , the life insurance company will check for smoking through a urine test and blood test . The byproduct of nicotine , called cotinine , shows up in those tests . Even if you are applying for a No Exam policy , the insurance company will look on your MIB to see if you have ever been rated a smoker when applying for insurance in the past . And you will be asked on the application whether you have used tobacco in the past year or longer . If you are currently smoking and say you are a nonsmoker , the policy could refuse to pay the claim if you passed within the first two years of obtaining the life insurance policy .


Input: Can You Get Insurance That Will Provide You An Extended, Paid Maternity Leave From Your Job?

Output: To answer your question requires us to consider the requirements under law for the family medical leave act . The FMLA imposes upon employers certain obligations to provide the employee unpaid leave from their job without fear of losing their job . Employees continue to enjoy employer provided medical benefits as if they are active at work . Maternity leave is an eligible medical event . Employees are entitled to up to twelve work weeks of leave in a 52 week year . Seek out more information by searching the Family and Medical Leave Act of 1993 for more information . Now , as to obtaining an `` extended , paid maternity leave from your job '' , you seem to be asking on whether there is a way to buy an extended period of benefit for a group , employer sponsored medical or disability income program . I have not encountered this option as a benefit in 38 years of work in this industry but , the best option is to contact the benefits administrator or Human Resources at your employer with this question . No optional benefit available will waive the rights or duties of the employer under common policy and practice , nor under the FLMA of 1993 . There are indemnification type health insurance policies that may provide some cash benefit , and you can buy disability insurance prior to the pregancy that can cover medical as a disability , but they wo n't impact the employer benefits nor their right to expect you to return to work when their maternity leave expires . The indemnity policies and disability insurance will have specific underwriting requirements and being currently pregnant is likely to be a condition that prohibits a benefit until the pregnancy runs its course .


Input: What Is An Average Car Insurance Payment?

Output: Auto insurance rates vary from individual to individual , area to area , and vehicle to vehicle . To provide a number and call it the average car insurance payment would be extremely difficult due to the number of variables that are used to determine your rate in the first place . Contact a local agent in your area , I am certain that they would be willing to provide you with a quote for your insurance coverage at no cost to you .


Input: What Health Insurance Should I Pick?

Output: There are a several things to pick besides premium and they are available deductibles , copays , and coinsurance which makes up the total out of pocket costs . If you are healthy and do n't go to the doctor much then a higher deductible and no doctor visits might fill your needs thus saving you money . On the other hand , if you go to the doctor more or have some medical issues then a lower deductible with doctor copays may be better for you which would be benefits that would raise your premium . The last , and maybe the most important , is the provider network that is affiliated with the carrier and how big is it in your area because the premium savings you may have could be eaten up by a the high cost of a poor provider network . If you have any questions or need more information please call Ronald G Hinch at 843-44450-9879 .


Input: How Can I Avoid Medicare Levy?

Output: I believe the Medicare levy is a tax for citizens and legal residents of Australia , used to help provide access to healthcare . I do n't believe it can be avoided . In the United States , people pay Medicare taxes -LRB- also known as FICA taxes -RRB- during their working lives and get access to Medicare benefits when they turn 65 -LRB- or earlier for people on disability -RRB- . FICA taxes are typically deducted from a person 's paycheck and everyone is required to pay them .


Input: When Do People Get Life Insurance?

Output: People often get life insurance when they are faced with their own mortality , such as after being diagnosed with diabetes . Many purchase life insurance when they take on a responsibility that will not end upon their death , such as getting married or having a baby . Lots of people purchase life insurance when they do their estate planning . And thousands of people buy funeral policies after the death of a loved one , or when preparing for their golden years .


Input: How Cost Effective Is Medicare?

Output: That is a great question ! I 'll answer it in two parts . It is very effective for you , especially if you have combined it with a Medigap plan . The Part D can make a world of difference in affordability of your prescriptions . That said , the other part of the answer ? There are several parts of the program that are slated for cuts under the Affordable Care Act -LRB- Obamacare -RRB- that will not affect anyone 's coverage or benefits , but are designed to pare some administrative excesses . These cuts are to be reinvested into the system , and if done to plan , should extend the Medicare trust fund through 2029 . There was a lot of pork and fraud in the system , because it was not policed very much , or very well . Thank you for asking !


Input: How Cost Effective Is Medicare?

Output: Medicare can be very cost effective . Original Medicare is made up of Part A and Part B. Part A is your hospital insurance which is premium-free for most individuals . Part B requires a monthly premium -LRB- $ 104.90 per month in 2014 - can be higher for persons with incomes in higher brackets -RRB- . Original Medicare will pay for about 80 % of your healthcare expenses after your deductibles -LRB- $ 1,216 for Part A in 2014 - $ 147 for Part B in 2014 -RRB- . If you want coverage to pay for a portion or all of the other 20 % , you can also purchase a Medigap plan -LRB- also known as Medicare supplement plan -RRB- . The main benefit of a Medigap plan is that it helps you create a much more predictable healthcare expense structure . If you 'd like prescription coverage too , you can look at adding a Part D plan . Please feel free to contact me for further assistance . Thanks very much .


Input: What Is Cashing Out A Life Insurance Policy?

Output: When most people talk about cashing out a life insurance policy , they are talking about surrendering the policy for the cash value available , paying no more premiums , and terminating the policy so that a death benefit will no longer be paid when death occurs . In contract , a cash loan can be taken from a cash value life insurance policy , and if paid back with interest , the policy 's death benefit will stay in effect .


Input: Is Western National Life Insurance Company AIG?

Output: Western National Life was acquired by American General Life in late 2012 . American International Group -LRB- AIG -RRB- owns American General Life . So Western National Life is now part of American General , and American General is owned by American International Group . They are not the same , however , as American International Group is simply the parent holding company .


Input: What Home Insurance Is The Best?

Output: The best homeowners policy is the one that pays the claims at a time of loss with the least hassle and most satisfactory settlement . The key to having that kind of experience is really between you and the agent . Having good records of the contents of the home goes a long way in settling a personal property loss . This can be done with simple photographs or video , safely stored off-site . The other issue is making sure you have the highest possible liability limit as a law suit can ruin your weekend .


Input: What Home Insurance Is The Best?

Output: The very best homeowners insurance is the policy that pays the maximum when you experience a loss . Regardless of the company , regardless of the premium , a satisfactory claim is the acid test of a homeowners policy . This type of policy is the crafted achievement of a good insurance agent . A good insurance agent listens to you , provides sound advice and communicates clearly with you and the insurance company .


Input: Where To Get The Best Term Life Insurance?

Output: Unfortunately there 's no one company that offers the `` best '' term life insurance . The carrier that 's going to offer the best rates for you may not be the carrier the offers the best rates for someone else . There are 4 main factors that determine the rates for your life insurance policy - your age , risk classification , amount of coverage , and how long it 's guaranteed for . Your risk classification is the MOST important factor when looking for coverage . Some companies may offer you a better risk class than others because they each have their own underwriting guidelines and respond to specific medical histories differently . It is ALWAYS best to consult with an experienced life insurance broker who can compare multiple companies and shop the case for you and help determine the most likely risk classification you will qualify for with each company based on your medical history so you can figure out which company will offer you the desired coverage at the lowest rates - in short , which company will be your best starting point . Please feel free to contact me for help . Thanks very much .


Input: Where To Get The Best Term Life Insurance?

Output: The best term life insurance is the best life policy at the best premium to meet your unique situation . This is where an experienced independent broker can really be helpful . Their services are free of charge and they are compensated by the insurance company . An independent broker can take your information and shop it over multiple insurance companies to find the right combination of plans that will meet your exact needs and be sure you are purchasing them at the very best premiums .


Input: Where To Get The Best Term Life Insurance?

Output: When looking at Term Life insurance , you want a policy that is guaranteed `` level '' . That means the the premiums are guaranteed not to go up , and the face amount is guaranteed not to go down , for the entire term . You also want the insurance company to have a good rating by AM Best or another rating agency . Finally , you want a competitive price . E.g. . If you chew tobacco and are paying smoker rates , you could possibly cut your premium in half by using another company . To find all these features in one policy , it is easiest to go to an agency that offers many different products , and let them do the hunting for you . This can be a local agency or an online one . The more choices they offer and experience they have , the more likely you are to find a the best Term Life Insurance policy available to you .


Input: Where To Get The Best Term Life Insurance?

Output: The most important thing is to select a life insurance agent that you trust . If you dont know have a life insurance agent , already , get recommendations from friends , colleagues and neighbors . The trusted agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . While policy and plan are important , setting the appropriate limit of coverage is critical . If you have inadequate coverage the ones who will suffer are the very people you are trying to protect .


Input: What To Look For When Buying Term Life Insurance?

Output: Term insurance comes with many option . First , consider the reason for buying the insurance and find a product that meets that need . If you are covering a mortgage for example you might want to consider a 20 or 30 year term policy . There are two options here . Decreasing or Mortgage term or level term . I prefer level term due to the fact that many people do not remain in the same home for the life of the mortgage any more . There are policies that will add mortgage disability and Return of Premium . Next , how long will I need this coverage , 1 year , 5 years , ten years ? Also , what is my budget ? With term insurance the shorter the term the less the initial premium , so a on year term will be less than a 20 year term , at least initially . Every time the policy renews , the premium will increase . Is the policy renewable and convertible . Renewable means that you can renew the policy at the end of the term even if your health gets bad . Convertible means that you can convert the policy , or part of the policy to a whole life plan , regardless of health . If you need to keep the insurance for a lengthy period of time I highly recommend a policy that is renewable and convertible . A good agent can help you determine your best choice for your individual situation .


Input: When Is Medicare Primary To Group Insurance?

Output: Generally , Medicare is primary to group insurance when the company has under 20 employees , and is secondary to group insurance when there are over 20 employees . There are many other factors to consider , such as the person 's age and how they qualified for Medicare . To see when Medicare is primary , this website is helpful : WEBSITELINK . You may call 1-800-MEDICARE for individual situations .


Input: How To Bill Medicare Part B For Pharmacies?

Output: Medicare Part B normally does not cover expenses billed by your pharmacy . Exceptions may be DME supplies if your doctor has written a prescription for the device and your pharmacy is considered a Medicare approved DME supplier . Outpatient prescription drugs as well as OTC medications are not covered under Part B . If the pharmacy has a clinic onsite they will know how -LRB- and if -RRB- to bill Medicare .


Input: What Is Whole Life Insurance With Cash Value?

Output: Some life insurance accumulates equity , known as cash value . Some does not . If you buy Term insurance , which is temporary , with a rate guaranteed for a specific number of years , it will never accumulate cash value . However , if you buy permanent life insurance , either whole life or universal life , it will accumulate equity . Equity can be borrowed against and even then kept and never paid back , totally tax free , although it will generally lower the death benefit if not repaid . Cash value can be used for retirement , or even for college funding . That money is tax free . While it starts out costing more , at the end , it definitely is cheaper long term and can even pay its own premium out of the accumulated cash value . Talk with an experienced agent . Love to help . Thank you . GARY LANE .


Input: What Is Whole Life Insurance With Cash Value?

Output: The percentage of the population that will die at a given age increases with age . That is , there will be a higher percentage of 50 years die in a given year than 20 year olds . That is why term life insurance is more expensive for a 50 year old than it is for a 20 year old . Imagine what the cost would be fore term life insurance for a 90 year old . The choice then , is to purchase a policy that will pay a death benefit should you die in the next term -LRB- 10 20 years for example . -RRB- The problem is that you are likely , very likely to live longer than the term . If you still want the death benefit paid to those you love , you must take steps to get a longer term policy , in which case you will probably still outlive the policy term , or buy a whole life policy . The whole life policy will have an initial premium that is greater than the term insurance premium , because it is going to pay the death benefit sometime and it guarantees not to increase the premium , ever . The whole life policy can do this because it accumulates reserves in anticipation of the increasing frequency of death claims as you age . These accumulated reserves become the cash value of the policy . Because the premium for term insurance increases as you become older there will be as point at which the whole life insurance purchased at an earlier age will be cheaper than the term policy purchased at an increased age . The cash value gives the policyholder the flexibility to make adjustments over time . It provides a cash reserve or emergency fund and a loan can be taken against the policy . If the coverage is no longer necessary it can be surrendered and the cash value will be given to the owner of the policy .


Input: What Is Whole Life Insurance With Cash Value?

Output: That is a great question ! There are two basic kinds of life insurance . One is called term insurance . It lasts a specified length of time , has no cash value , and ends at the designated date . The other is called whole life . It lasts as long as you do , and has a feature where there is an amount of cash that grows within the policy that is available , should you need it . If you would like to talk about ths more , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Types Of Life Insurance Are There?

Output: There is annual renewable and guaranteed level term life insurance . Permanent life insurance has two actuarial policy platforms : participating whole life insurance and current assumption universal life . Universal life has three basic crediting methods : interest rate , index and separate equity/bond sub account performance . The life insurance spreadsheets from the brokerage community are an excellent starting place to explore the life insurance company that best suits your financial profile , risk tolerance and economic goals . The spreadsheets are divided into two macro categories : Term Life Insurance and Permanent Life Insurance .


Input: What Types Of Life Insurance Are There?

Output: The two main types of life insurance are Term and Permanent . Subtypes under Term include Return of Premium -LRB- ROP -RRB- Term that returns all the premiums if the insured person outlives the number of years in the Term policy . It includes hybrid policies that are a combination of Term and Accidental Death , or Term and Universal Life . The premiums for Term policies jump very high after a set number of years . Subtypes under Permanent life insurance include Whole Life , Universal Life , Indexed products and Variable products . When funded properly , these will be in effect upon death at any age . Permanent policies can have a guaranteed premium but not all permanent policies are guaranteed not to lapse at a level premium . They also have more choices of payment , such as single premium policies -LRB- paid for with a lump sum -RRB- or limited pay policies -LRB- paid in fewer years than if one paid the premium for life -RRB- .


Input: What Types Of Life Insurance Are There?

Output: There are three categories of life insurance : Ordinary Insurance , Industrial Insurance , and Group Insurance . When you go to purchase a policy , you are looking for Ordinary Insurance , and it comes in the following types : 1 -RRB- Term Life Insurance This comes in Level term , Increasing Term , and Decreasing Term . But almost all policies sold now are level term , which stay at the same face amount for the full amount of the term . Term Life is temporary coverage that expires at the end of a certain number of years , unless one is able/chooses to renew or convert them . They do not usually have any cash value and if will lapse if premiums get more than a month behind . 2 -RRB- Whole Life Insurance Comes in Straight Whole Life , Limited Pay Whole Life , and Single Premium Whole Life , named after how long one pays the premiums -LRB- the shorter the years one pays the premium , the higher the premium -RRB- . There are also a number of other forms of Whole Life that differ by other features than how long the premium is paid . Whole Life is permanent , stays in effect for one 's `` whole life '' . Has cash value that can be borrowed against or used to pay premiums . If dropped after a certain length of time will have a cash surrender value or can become a reduced paid up policy . 3 -RRB- Endowment Policies Cash values grow rapidly so that the policy endows at maturity and the face amount can be collected , even if still alive . 4 -RRB- Nontraditional Life Insurance Universal Life , Indexed Universal Life , Interest Sensitive Whole Life , and variable products belong in this category . They all have features that make them different from one another , but all have the ability to provide permanent coverage and have cash value .


Input: What Types Of Life Insurance Are There?

Output: There are two basic types of life insurance : term and permanent . Term is for temporary needs and covers a specific length of time - typically up to 30 years . Permanent or cash value life insurance is designed to last for a lifetime and , provided the required premiums are paid , can not be outlived . The best kind of life insurance to have is one that has n't expired before you do ! Term life insurance is very affordable but it is for short term needs . Most term life insurance reaches the end of its coverage period and expires . If you have temporary needs that wo n't extend beyond the coverage period , match the term period to those needs . Otherwise consider permanent life insurance that is designed to last for your entire life . Permanent policies have variations with features and flexibility for a wide range of planning situations . Consult with a life insurance professional to design the best plan to meet your specific needs .


Input: Can The Government Force Us To Buy Health Insurance?

Output: Great question ! As an answer I 'd say that I think every child at some point say 's to their parent , `` I do n't want to , and you ca n't make me ! '' . The end result is that while no one can make you do anything as a child , or as an adult , they can make it increasingly painful for you until you do as they asked . That is the case with health insurance . The Government ca n't make you buy it , but they can and will start penalizing you in increasing amounts until you do . There is a good reason for buying it , and another is this : Doctors are required to treat everyone , insurance or not . As a result , everyone that does not have insurance gets some form of treatment , and the rest of us get the bill , in the form of higher prices we pay when we need help . By having some of these people take responsibility for their own costs , in theory , it lowers costs for the rest of us . And if you have coverage available in your workplace , you can always enroll in it , and not the public marketplaces , though I would advise you to compare prices and coverages first . As to whether the politics of the health insurance law is right or wrong , that is a matter of personal opinion , and I 'll leave it at that . If I can help in any way , please contact me . Thanks for asking !


Input: Does Life Insurance Usually Test For STDs?

Output: No , life insurance does not test for STD 's , but the insurance application may ask whether you have an STD at the time you fill out the application . Life insurance does test for HIV antibodies , blood counts that may indicate infection , and other labs for conditions that may or may not have been sexually transmitted . But there are not tests done specifically for STD detection .


Input: Does Life Insurance Usually Test For STDs?

Output: The life insurance underwriting process involves application questions , blood and urine lab testing , paramedical exam for vitals and medical history and possibly a review of medical records if the underwriter needs them . The application has medical history questions which include STD but they do n't use the lab testing for that . Answering yes is unlikely to have an impact on the underwriting process however .


Input: How Does Weight Affect Life Insurance Rates?

Output: That is a great question ! Insurance companies are all about risk . If you have a lot of tickets , or accidents , your auto insurance rates will be high . If your home is in an area wherehurricanes are common , your homeowners will be high.Likewise , if you are obese , you are much more likely to develop weight related diseases that can affect your life expectancy . Diabetes , high blood pressure , strokes and heart disease are found more often with people that have issues with their weight . Being too thin carries similar risks . Many insurers will have a set standard for your weight and height that they will use to help determine that risk . They will use that to help determine your rate . The less risk there is that you will pass away sooner than later , the lower your rate will be . I hope that helps , thanks for asking !


Input: How Does Weight Affect Life Insurance Rates?

Output: If you are moderately overweight , it will not affect your rate much at all . If you are obese , the policy may cost double or more of what a policy for those with `` prefect '' weight would be , but the price is still very affordable . Being morbidly obese can restrict your choices to No Exam policies that have higher prices . In any event , overweight persons can get life insurance , and using an agency that specializes in policies like that can save you hundreds of dollars .


Input: How Does Weight Affect Life Insurance Rates?

Output: Being extremely underweight , or extremely overweight , can cause you to be declined for medically underwritten life insurance . However , you can still get simplified issue , or guaranteed issue policies , in most cases . The face amount for this type of policy is usually capped at $ 25,000 but some allow you to take more . Some policies are graded ; others are not . Premiums are based on your age , so it is impossible to give a number here . They are not cheap , but by shopping we can sometimes find some surprisingly low rates for those who are morbidly obese . If obese or just overweight , you can usually find a medically underwritten policy . These will run higher than someone with perfect weight and perfect health , but sometimes run no more than the perfect health person whose father had a heart attack before age 65 . In other words , you just need to have a personal consultation with an agent -LRB- phone or email is OK -RRB- who specializes life insurance for those who have weight issues , and let them find your best price


Input: How Does Weight Affect Life Insurance Rates?

Output: Life insurance insurance rates are determined by a very complex equation that the insurance carrier has developed . Some the things that will be taken into consideration in this equation will be your height , weight , your habits , your medical history and your families medical history . Your weight is only part of the whole equation depending on how far outside of the federal height and weight guidelines for your sex will determine how much your weight will affect your rate . Getting a rate for coverage is typically free and I would recommend contacting a local agent to discuss coverage availability and pricing .


Input: Who Benefits From Disability Insurance?

Output: Disability Insurance is actually `` disability Income insurance '' , so primarily the policy holder is the first beneficiary . Disability insurance does not pay the entire amount of income when claimed though . THis is to discourage prolonged dependence on the insurance income . Typically disability insurance pays only 50 to 62 % of the insured 's income when they are disabled from working . Of course the benefits trickle down to the family of the insured and their creditors as the income provided will enable them to continue to pay the bills .


Input: Who Benefits From Disability Insurance?

Output: Disability Insurance is paycheck protection . When you insure yourself against sickness or injury , youre valuing your ability to earn money for your family and/or business partners , who can benefit if youre unable to work .


Input: Who Benefits From Disability Insurance?

Output: Those who benefit from disability insurance are those who benefit from the income brought in by the insured person . The disability insurance policy replaces part of that person 's salary if the insured person is unable to work due to disability . So anyone who is supported by that income , is benefited by the disability insurance policy .


Input: When Do Car Insurance Rates Go Down For Males?

Output: Depending on what state you live in Montana there is no rate difference for males or females . Also your driving history and prior insurance plays a role in rates , many cases the average here in Montana drops after the age of 25 no matter what sex you are . If you have had no tickets in 3 years or accidents in 5 years the rate should lower . a Reputable agent will requite your renewal to see if there is another carrier with a better rate available .


Input: When Do Car Insurance Rates Go Down For Males?

Output: Typically , car insurance rates for males reduces once you have either 1,3 or 5 years of driving experience . At ages 21 , 25 and 30 , you may see additional reductions . Of course , each carrier has different underwriting guidelines . Getting married will reduce your rates , although be prepared for some huge Target and Kohls bills that will wipe out your savings . Believe me ... I know !


Input: How To Understand Health Insurance Plans?

Output: In 2014 and beyond , under the provisions of the Affordable Care Act , individual & fully insured small to medium sized group health insurance plans will have to fall within four categories referred to as Bronze , Silver , Gold and Platinum . These categories represent an actuarial valuation of how much financial exposure the policyholder has up to a maximum out-of-pocket financial exposure of $ 6350 . It is a gross over simplification but for the average health insurance consumer , the closest I can come to explaining these `` Metallic '' plan categories is that Bronze represents 60 % coverage , Silver equals 70 % coverage , Gold equals 80 % coverage and Platinum equals 90 % coverage . All of these plans , by law , must be guaranteed to be issued by the insurance carrier , can not be subject to underwriting and must cover pre-existing conditions immediately with no lifetime limits on coverage . In addition , all plans must cover what are referred to as the Minimum Essential Benefits . These requirements range from covering a wide range of preventive care services at 100 % , coverage for maternity , mental health & substance abuse along with a variety of other services including pediatric dental & vision to even educating women on how to nurse their babies -LRB- how the human race survived for thousands of yearswithout the government providing for such training is a mystery to me -RRB- . Unfortunately , there really are no simple andconcise ways to explain health insurance plans . Different state regulations also apply and each insurance carrier can design health insurance plans that fall within these four different `` Metallic '' categories that can vary widely in their appearance . To make an informed choice for your health insurance as an individual or a business it is more important than ever that you seek out the advice of an experienced health insurance broker/consultant who understands the intricacies of the health insurance plans options and their associated costs that are available to you in your specific area .


Input: How Much Does A Small Business Pay For Health Insurance?

Output: Small business is generally defined as fewer than 50 full time employees . That is also the definition used by Obamacare . Small business owners are generally required to pay at least 50 % of the employee premium . Small businesses are also required to have at least 70 % of eligible employees covered under the group health plan . If the small business fails to meet participation standards , the business owner will need to increase their contribution to the cost of coverage to increase participation .


Input: How Much Does A Small Business Pay For Health Insurance?

Output: Group health insurance quotes are based on the size of your business , the industrys SIC code , age of employees , and average employee health -LRB- except in Maryland , which requires no medical underwriting -RRB- . There are no instant online quotes for group health insurance for these reasons . To get a quote for group coverage , you 'll need to contact a health insurance agent - working with an independent one will allow you to shop for quotes from multiple companies in one place . I hope the information is helpful - please feel free to contact me for help with your health insurance needs and if you have any other questions . Thanks very much .


Input: Does My Husband Have Life Insurance?

Output: The first place to look is your husbands employer group plan to see if he elected life insurance . It may also be itemized on his pay stub or payroll check receipt . It is possible that his employer purchased life insurance on him as a key executive or part of his executive package separate from the businesses group plan . The next place to look is your checking account for payments that appear to be to an insurance company .


Input: Does My Husband Have Life Insurance?

Output: The only way someone can have life insurance on them as the insured person -LRB- meaning , the policy would pay the death benefit if that person died -RRB- is if they gave their consent to it . So the best place to start is to ask your husband if he signed any applications authorizing someone to take out life insurance on him . If his parents took out life insurance on him as a child , they may have kept a copy of the policy somewhere , or perhaps you know where they did business so you could ask that office if they have a record of life insurance taken out on your husband . If he has any through work , they will also have a record .


Input: What Is Business Use Auto Insurance?

Output: What is business use auto insurance ? When you ask a company for a quote , they will ask you how you use your vehicle . the most common uses are : to work -LRB- commute to an office -RRB- and how far . Pleasure use -LRB- non-working drives to the store and such -RRB- . Business use -LRB- drives vehicle in the course of daily business , such as outside salesmen . -RRB- Generally the more frequently you are on the road the more a auto insurance carrier will charge for coverage .


Input: What Is Business Use Auto Insurance?

Output: ` Business Use ' is a rating classification -LRB- or used to be -RRB- used in rating a personal auto policy . Many personal auto insurance carriers in the past did not allow a ` business use ' classification on a pickup or van so a commercial autoor business auto policy had to be obtained for that vehicle . With the rating methods used by carriers today , it may be possible to insure a vehicle on a personal auto policy and use it for business purposes . The agent or broker providing the quote -LRB- s -RRB- should be able to advise you . If you are purchasing personal auto insurance online , you are acting as your own broker and good luck to you in obtaining the coverage you should have for such a situation .


Input: Is Medicare Enrollment Automatic?

Output: Medicare enrollment typically is automatic when you turn age 65 . However , if you are still working then you will want to consider if you can delay your Part B and stay on the company insurance . If you have that option it 's important to compare it to a Medicare Supplement that you can get in the market . Many clients find they can get equal too or better coverage for less money by looking at a Medicare Supplement instead of the company group plan . It is still a good idea to call your local Social Security office or go online at www.SSA.gov a few months prior to your 65th birthday to make sure everything is in order . You can also start reviewing your Medicare Supplement options up to 6 months out from turning 65 .


Input: Does Applying For Auto Insurance Hurt Credit?

Output: Applying for auto insurance or shopping around for a better rate does not impact your credit score . Many car insurers pull your credit report and consider your generic risk score when determining what rate to charge . When this occurs a soft inquiry is noted on your report . Soft inquiries are visible only to you when you review your personal report . Soft inquiries are not seen by lenders , or used in calculating your score .


Input: Does Applying For Auto Insurance Hurt Credit?

Output: In a word , no . Although most if not all auto insurance companies include credit along with your driving and accident record as part of their premium determination , these credit reviews are considered `` soft '' hits and so therefore they do not affect your credit record . Talk to your Insurance Professional about your coverage options oin order to determine what is right for you .


Input: How To Choose A Life Insurance Policy?

Output: Before you choose the right life insurance policy you must choose the right agent . The agent should always have your best interest at heart and represent many of the top carriers . Also , the agent should present level term protection as the primary type of insurance as it is the most affordable and gives the client more insurance for less money so the he will be properly covered . Coverage should be adequate to pay for final expense , pay off debt , replace income , and provide college funding for any dependent children . Not hard at all .


Input: How To Choose A Life Insurance Policy?

Output: You want to find the structure that is going to be the most suitable to meet the needs you want to have covered . There 's a number of factors that you should think about when buying life insurance including : 1 -RRB- Why do you need the coverage ? 2 -RRB- How long do you need it ? 3 -RRB- What risk class do you qualify for ? -LRB- this is one of the MOST critical items when buying insurance because it 's what determines the premiums for the coverage you 're applying for -RRB- . 4 -RRB- Does the policy provide full coverage -LRB- payout whether death occurs by illness or injury - if you die by illness and you only have an AD&D policy , then the policy will not pay a death benefit -RRB- . 5 -RRB- What is the company 's financial rating ? - this is a big point when you 're looking at permanent coverage . Work with an experienced independent life insurance agent/broker . Doing the research on your own can be extremely time consuming and you may not always find the information you 're looking for . Independent brokers have an extensive knowledge of the subject matter and know the differences between products that are available in the marketplace . Brokers can help you through the entire process from start to finish . This includes helping you determine how much coverage is suitable to what you need the coverage for and how long you should have it in place for through an insurance needs analysis , provide quotes from multiple carriers and compare the options with you , track the application while it 's in underwriting and provide assistance on future needs as well . If you 'd like assistance in buying a life insurance policy , send me a message - my contact information is provided on my profile . I do not charge fees for my input and can walk you through the entire process of securing a policy .


Input: How To Choose A Life Insurance Policy?

Output: To choose a life insurance policy , you will want to look at : 1 -RRB- What you want your life insurance to cover -LRB- e.g. to raise your children -RRB- 2 -RRB- How long that need will be in effect -LRB- e.g to their age 25 -RRB- 3 -RRB- What policies are available to cover that need -LRB- e.g. 20 year Term -RRB- 4 -RRB- Whether it has guarantees -LRB- e.g. will the price and death benefit stay the same for the full 20 years -RRB- 5 -RRB- What features your policy would have -LRB- e.g. if you quit paying on it in the future , will it lapse or will you have a reduced paid up policy -RRB- 6 -RRB- Does the cost fit your budget -LRB- e.g. paying 20 % of your salary for life insurance is probably not something you will be able to keep up -RRB- 7 -RRB- Will it cover death by any reason -LRB- e.g. do n't get fooled into buying accidental death insurance when you are trying to buy life insurance -RRB- 8 -RRB- Can you qualify for it medically -LRB- e.g. if you were recently diagnosed with cancer , you will have much fewer choices than if you have excellent health -RRB- 9 -RRB- Do you want to take an exam -LRB- e.g. if you have not been to the doctor and have no idea how your blood test will turn out , you might want to consider No Exam coverage -RRB- 10 -RRB- How is the insurance company rated -LRB- see AM Best , S&P . Moody 's , or Fitch 's for ratings -RRB-


Input: How To Choose A Life Insurance Policy?

Output: Fortunately there are qualified life insurance agents who can counsel you . If you dont already have a trusted life insurance agent , get a referral from friends , family or colleagues . This trusted agent should listen to you , offer sound advice and communicate accurately with you and the insurance company . The plan you select is not as important as is the amount of coverage that is in force on the day that you die . Regardless of what you have paid for your coverage , the death benefit will make any active policy a real bargain . Setting limits is the most important decision you must make .


Input: How To Choose A Life Insurance Policy?

Output: Great question ! There are a couple of things that you want to ask yourself before shopping for a policy . Ask yourself : What do I want this policy to do for me - provide burial expenses , transfer wealth to my survivors , provide a potential retirement income , or protect against a major expense like college or a mortgage ? How long will I need this coverage ? If you want it to last as long as you do , then you would want to look at a whole life policy instead of a term product . If you are looking to cover a short term risk , then a term policy is the better choice . Once you have an idea of what you want the insurance to do for you , figure out what you can afford to spend . Remember that life insurance is like buying a new car . You stop making timely payments , and one day your car is gone . The same thing happens to the money that you have paid into your policy . Find an independent agent , -LRB- one not tied to a specific brand -RRB- who can help you compare companies , policies , and what they will do for you.If you would like help , please feel free to contact me , I 'd be happy to make time for you . Thanks for asking !


Input: What Is A Health Insurance Network?

Output: A health insurance network is a list of healthcare providers and facilities where you can go for medical evaluations and treatment and have the expenses covered by your health insurance plan with the least amount of cost to you . This is commonly referred to as being `` in-network '' . If you go to a healthcare provider or facility outside of the plan network , the care would be considered `` out-of-network '' and expenses incurred would not be covered by the plan , unless it 's a medical emergency . Some plans will still provide coverage if you go to an out-of-network provider or facility , but you would be responsible for a larger portion of the expenses than if you went to an in-network provider or facility . Please feel free to contact me for further assistance . Thanks very much .


Input: How To Know If Someone Has Life Insurance On Me?

Output: If a family member has coverage on you , they would be the ones to ask . Their ability to purchase coverage on you would depend on insurable interest . Insurable interest would apply to your parents , grandparents and some extended family members . Regarding employers , at one time they could insure employees without their knowledge . In fact a very large retailer did this at one time with the thought of profitability from the death of employees as the main consideration . Needless to say , once discovered the laws changed and secret insurance was no longer legal to carry upon an employee . So outside of family , there is no one who legally can own life insurance on you without your consent .


Input: How To Know If Someone Has Life Insurance On Me?

Output: Generally they wo n't be able to unless you know about it and agreed to it with your signature . The exception could be if it was purchased when you were a minor child . In that case , it would be a parent , grandparent or someone with a guardian relationship with you . You should ask those people . There is no real database to find such information .


Input: How To Know If Someone Has Life Insurance On Me?

Output: The only way you could have life insurance on your life without knowing it would be if you parents or custodial stewards bought it when you were a minor . Every insured adult applicant requires a degree of competence to sign as the insured whether family , business , charitable givingit does n't matter .


Input: Can Two Unmarried People Share Car Insurance?

Output: Car insurance follows the car . It is based on the household attached to the car . Every licensed driver in the household should be included on the policy or excluded by endorsement . If two unmarried person occupy the same household , the cars attached to that household will include both as drivers . The policy will probably name the registered owner of the car as the primary insured but can name the other driver as a secondary insured .


Input: Why Does Dave Ramsey Hate Whole Life Insurance?

Output: Dave Ramsey feels that you can make more return on your money by putting it into other investments , and just using life insurance for pure death protection . Term insurance is the least expensive form of life insurance because the money all goes to death protection , without any going toward cash value , as you get with whole life . Thus , he advocates term insurance , but with investing your money on the side so that when the term ends , you have money to live on .


Input: Why Does Dave Ramsey Hate Whole Life Insurance?

Output: As a guest speaker at may Dave Ramsey classes , I 'm quite familiar with Dave 's perspective on term life versus whole life . Simply put , Dave is an advocate for getting the maximum amount of life insurance you can to protect the most valuable asset your family hasyour income . Term Life Insurance delivers the biggest `` bang for your buck '' when it comes to pure death benefit for the dollar you spend . There are many cash value benefits from a whole life policy . However , Dave 's guiding principles are to use the money that would go towards the whole life guarantees and cash value options of a whole life policy in a different form of investment . For many people , term life insurance is an appropriate solution .


Input: Can Businesses Write Off Health Insurance?

Output: IRS Schedule C is used by businesses to tabulate deductible business expenses . Line 14 is used to deduct contributions to employee benefit programs . The instructions specify that accident and health plan contributions qualify . Self employed workers can make a deduction on line 29 of form 1040 . The write off must be reduced if the small business tax credit was used .


Input: Can Businesses Write Off Health Insurance?

Output: Absolutely , after attracting and retaining quality employees this is one of the prime advantages for businesses to offer health insurance to their employees . The portion of group health insurance and most other group insurance products that are paid for by an employer are a deductible business expense . For the 2014 tax year the Affordable Care Act has introduced another variable in this equation that employers with less than 25 employees who earn an average wage of less than $ 50,000 per year need to be aware of , they can be eligible for a tax credit of up to 50 % of what they pay towards employee premiums -LRB- 35 % for tax exempt organizations -RRB- . They catch is that the employer has to purchase their group health insurance through a state or Federally Facillitated Marketplace 's SHOP program to qualify for this credit . As the SHOP program was very problematic during the rollout of the health insurance marketplaces and insurance company participation in various state 's SHOP programs varied greatly , this tax credit will probably not be used by very many small businesses on their 2014 taxes . So the business expense deduction is the most likely way that most businesses will reduce their tax exposure . Marlin McKelvy Consumer Directed Benefit Solutions www.cdbsagency.com


Input: Does Health Insurance Cover Surrogacy?

Output: I would have to say no . This is not usually a medically necessary procedure that can threaten ones ongoing health and well being . While there are sound reasons for surrogacy it is still considered elective in most cases . Check your policy or call your company to be sure .


Input: How To Determine How Much Renters Insurance You Need?

Output: Great question there are several way 's to determine how much coverage you need example : you could count how many pieces of clothing you own and determine how much each piece cost you when you purchased the item like a pair of jeans $ 100 times the number you own , how much did you pay for your TV -LRB- S -RRB- , if you own the appliances and your furniture . Most people do n't realize how much they have invested in every day household items it is good idea to keep track of your purchases especially big ticket items . A good independent agent can help you determine the right amount of coverage for your needs also is good idea to video your Home/Apartment and catalog serial numbers and save receipt 's .


Input: How To Determine How Much Renters Insurance You Need?

Output: When computing the amount of coverage for personal property , ask yourself , How much money would it take to make me whole if everything went up in smoke ! On the liability side determine how much help you want from an insurance company should you be sued for bodily injury or property damage . If you have substantial personal wealth you would want as high a limit as possible to avoid being bankrupted by a law suit .


Input: How To Determine How Much Renters Insurance You Need?

Output: It is pretty easy if you are furnishing your first apartment , by totalling the amount you have spent to set up . In addition , inventory your clothing and other personal belongings and do a little research to get an idea as to what it might cost to replace those items . Always talk to your Insurance Professional about solutions that meet your needs and fit your budget .


Input: Can You Cash Out A Life Insurance Policy?

Output: Only if the policy has a cash value would it be possible to have a policy with the potential to cash out . Depending on the amount of time and the initial premium that initiated the policy will make a difference in the amount of caah value potential . Some carriers or policies may have fees involved with the cash out of the policy and you may also inccur some tax ramifications if you cash out a life insurance policy also . Please confir with a local tax accountant to find out about potential tax considenrations .


Input: When Can Auto Insurance Drop You?

Output: An auto insurance provider can drop you for the obvious like non payment of premium after the end of a grace period . You can also be non renewed at the end of your current policy term because you have had too many accidents or moving violations and therefore fall outside of their filed underwriting guidelines . In cases like these , they are required to give you notice of 30 days . If you receive a DWI and your license is suspended and the company hears of this , you may be dropped mid term , but again , notice must be sent .


Input: When Can Auto Insurance Drop You?

Output: An auto insurance carrier can not drop you mid term during a policy period unless you fail to make your premium payments or if you lied on your application . Now keep in mind , polices are self terminating . So when you purchase a 6 month policy for example , after the 6 months the policy self terminates . At renewal the insurance carrier will chose to offer you or not offer you a renewal , or another 6 months of insurance if they have determined the risk -LRB- that would be you the policy holder -RRB- have exceeded their risk tolerance . Each time you come up for renewal the insurance company will review you -LRB- the risk -RRB- and determine if you are a good risk or not . Then the insurance company will either offer you a renewal or chose not to offer you a renewal . It 's the insurance companies choice .


Input: What Is The Price Of Renters Insurance?

Output: Renters insurance cost can vari greatly . I would say that on the low end it would cost about $ 100/yr . If you have your renters policy and auto policy with the same carrier you will normally receive a discount . In some cases the discount for having renters insurance and auto insurance with the same carrier will almost cover the amount for the renters insurance .


Input: Is A New Roof Covered By Homeowners Insurance?

Output: Talk to your Insurance Professional about the terms and conditions of your policy , but in general , it may very well be covered . The damage that requires you to have a new roof must be caused by a covered peril if you have a named peril policy or as in a newer policy form , not excluded from coverage . The settlement will of course be subject to your property deductible .


Input: Does Whole Life Insurance Mature?

Output: A whole life policy accumulates cash value in order to maintain a face amount at a level premium . There is a point in the design of every whole life policy where the cash value equals the face amount . At that point the policy endows or matures . With increasing longevity companies are leaning to every later dates for maturity .


Input: Does Whole Life Insurance Mature?

Output: Yes , Whole Life Insurance matures , usually at age 100 . The maturity date is when the cash value equals the face amount of the policy . This is also called endowment . If you pay a higher premium in the earlier years of a Whole Life insurance policy , the policy can mature at an earlier age than 100 .


Input: What Is Covered Under Renters Insurance?

Output: A renters policy covers your personal property located in the rented residence . This includes your furniture , clothing , appliances and gadgets . The renters policy also protects your legal liability for personal injury or property damage . There are other coverages included but these are the two major coverages .


Input: Does Auto Insurance Cover A Boat?

Output: Auto insurance will not cover a boat . In order to properly cover or insure your boat you would need boat insurance . However in most cases your auto insurance liability will extend to the boat and trailer while they are attached to yourvehicle The boat and trailer will not be covered for physical damage but should you be backing up the boat for example and hit an object or person there would be coverage for the other party from a liability standpoint . Talk to your local agent about protecting yourself when you have your boat in the water or in storage with boat insurance .


Input: Does Medicare Pay For Sleep Studies?

Output: As long it is ordered by a doctor in order to diagnose a possible health issue a sleep study should be paid for under part B of Medicare . Sleep studies are used to diagnose several health related issues , the most prevalent being Sleep Apnea . Your doctor will know if the procedure he is recommending is covered .


Input: Is Life Insurance Sales A Good Job?

Output: Life insurance sales can be a very good job for someone who is sharp , outgoing , ethical , and persistent . It is not for the faint of heart . Getting with an agency that will train you and possibly pay you a salary , at least while you get on your feet , is a great way to start out . How you do after that is up to you .


Input: Is Life Insurance Sales A Good Job?

Output: Life insurance sales can not be considered a job . Whatever the technicalities of your employment may be , you have to consider it as your own business . There are no set hours , no specified tasks to do every day , and no income unless you generate it . Life insurance sales can be a great career if you are self motivated and enjoy the business . If you are looking for a career or a way to build your own business you should look into it , if you are looking for a job life insurance sales is probably not for you . Good luck in whatever you do !


Input: Is Life Insurance Sales A Good Job?

Output: I personally do n't see life insurance as a sales job . You should not enter our industry as looking to sell life insurance . You should enter our industry with the idea and heart of a teacher . Selling life insurance is one thing , helping to protect a family in the event of an untimely death with young families , large debts or key man at a business is something entirely different . You can make a lot of money selling life insurance and it is certainly needed by the masses and way under purchased by a misunderstanding public . You will need to complete the necessary paperwork , exams and background checks , but more importantly you need to be person of character , morals , patience and certainly a great work ethic . What we as life insurance agents do daily is certainly not for everyone , but it is a great career for the right ones . I wish you good luck !


Input: Is Life Insurance Sales A Good Job?

Output: A career in the life insurance industry can be very rewarding if you have good work ethic , youre personable and organized . It cant be considered a job . It is a career . The life insurance product inventory has expanded over the years to include variable products and so you should consider securing your life insurance license and your series 6 and 63 to sell all lines of life insurance .


Input: What Is The Best Medicare HMO?

Output: Medicare Advantage plans come in different flavors including the HMO . In evaluating which plan is best for you , consider the following . Advantage HMO plans have limited networks . If your current doctor is not in the network you will need to switch doctors if you want your treatment covered . HMO plans generally offer in network coverage only . If you receive treatment outside the network you are responsible for 100 % of the charges . Exceptions apply for emergency medical situations . Your out of pocket limit -LRB- usually $ 3000 - $ 6000 -RRB- does not include out of network expenses . If you want more flexibility and would rather not deal with out of network penalties , you may want to consider a Medicare supplement plan . Original Medicare is accepted nationwide , there are no networks , and the supplement plan picks up approved Medicare charges that are not paid due to deductibles and coinsurance . For many , Medigap plan N or Hi F is a good alternative to a Medicare Advantage HMO plan .


Input: What Is The Best Medicare HMO?

Output: You really need to research the Medicare Advantage HMO plans in your area . No two states are the same and even within the state they are different county by county . Your Medicare Insurance broker can show you the plans available or you can do research yourself at Medicare 's own website . Also consider the PPO network plans as well as the HMOs .


Input: What Is Extended Term Option Life Insurance?

Output: Extended term is one of the non-forfeiture provisions . When a person does not want to continue making payments on a whole life insurance policy they have options with what they can do with the cash value that has accumulated in the policy . One is to take a life paid up policy for a reduced amount , another is to receive the cash , or borrow the cash . The extended term provision maintains the face amount of the policy for a specified period of time . This is often the automatic , non-forfeiture provision .


Input: What Is Extended Term Option Life Insurance?

Output: An Extended Term Option is one of the standard nonforfeiture options in cash value policies . When a policy owner wants to stop paying required premiums , it is one of the alternatives to surrendering the coverage for its cash value . In this case , the death benefit is the same as the original policy -LRB- unless a loan is outstanding -RRB- and the `` extended term '' is the number of years and days of coverage that can be purchased with the available cash value at the insured 's attained age . Policies that have guaranteed cash values include a table showing how long the term will be , based upon these factors .


Input: What Happens If My Homeowners Insurance Is Cancelled?

Output: First of all it depends if the policy was actually cancelled or was it simply non-renewed . There is a big difference as any company can choose to non-renew any policyholder for any reason they choose . When it comes to cancelling a policy there are rules and regulations that could vary from state to state as to the process and for what reasons they can cancel your policy . The short answer is , go buy a new policy from a different insurance company , however if it was cancelled due to misrepresentation or concealment you will need to be able to explain your position as most companies will ask if your policy was ever cancelled for one of these reasons .


Input: Can I Change My Medigap Plan Anytime?

Output: Yes and many people do n't realize this because of all the advertising that is done during the annual enrollment period . The annual enrollment period -LRB- AEP -RRB- is only for people who have a Medicare Advantage plan . You can switch your Medigap Plan anytime it benefits you . If you work with a good independent agent that specializes in Medigap Insurance they will be able to make sure you have the best plan at the best premium for many years to come . Every few years it 's a good idea to check in and get a review of your current plan to see if there is anything more attractive out there . Rates and plans change all the time .


Input: Can I Change My Medigap Plan Anytime?

Output: Medicare Supplement plans can be changed anytime during the year . Just because you want to change your Medigap plan does not necessarily mean you can . When you are new to Medicare , after your Part B is activated , you have six months to enroll in any Medicare Supplement offered in your state with no health questions being asked , your acceptance is guaranteed . After your open enrollment periods ends you can apply for a Medicare Supplement later at any time but you must answer all of the health questions . If you have a serious pre-existing health condition you could be denied coverage or have to pay a substantially higher premium in order to get the pre-existing condition covered .


Input: Can I Change My Medigap Plan Anytime?

Output: Yes ! Medigap plans are not restircted to annual enrollment periods . You can apply for a new Medigap plan at any time during the year . If you 're outside of your open enrollment period when you were new to Medicare -LRB- and do n't have a guaranteed-issue right -RRB- to buy a Medigap plan with no medical underwriting , you may need to answer health questions on the application . You should work with an independent Medigap insurance agent who can work with you and compare multiple options in your area to make sure the plan you want is offered to you at the lowest possible cost . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: How Much Should I Get In Life Insurance?

Output: If you own an automobile worth $ 25,000 , you generally purchase enough insurance to give you an automobile of equal value should your vehicle be stolen or destroyed . You have value , human capital . That value is what you represent to those who depend upon you . You love people and they depend upon you . Make sure that they do n't suffer more than necessary if they were to lose you .


Input: How Much Should I Get In Life Insurance?

Output: When you 're considering the amount of life insurance you should have , take the time to add up all your financial liabilities , your future obligations , your charitable intent and generational planning for your children and grandchildren . And do n't forget your earning power , i.e. the amount you annual earning from now until retirement .


Input: How Much Should I Get In Life Insurance?

Output: There really is n't a right answer for this , there is only your answer for you . There are numerous software programs that you can plug into and it will spit out a number and you can choose to follow that program . Is it correct or exact ? Unfortunately the anwer is yes , no or maybe depending on the individual . I tend to individualize my approach to `` how much life insurance I need ? '' when thinking about how much coverage to get . The first or base level of coverage I consider is simply this `` if I did n't wake up tomorrow , how much money would put things at $ 0 . ? '' This is my starting point or minimum level of coverage I would consider . From there , I would start adding based on answers to questions posed like ; Does my spouse work ? Would extra money help in a transition to work ? How old are my children ? Do I want to have something for college set aside for them ? Who can do for my family what I can do if something breaks and I 'm not there ? What would that cost ? If the main person who does the childcare passes , how much would I need to help with that cost ? You can look at your own situation and bring different questions and costs to the mix too ! Then much like the purchase of lumber for a project you figure the amount plus 10 % extra for just in case . This may be why some just say 5X income or 10X income as answers . The assumption is all those questions would be answered and then some . The big thing is do n't let what ever number you come up with discourage you from getting life insurance . Some is always , always better than none .


Input: How Much Should I Get In Life Insurance?

Output: If you want a good estimate of how much life insurance you should have , we recommend that you carry at least ten times your annual income in life insurance . This might sound like a large amount of coverage , but it actually is a pretty conservative number when you take all the factors into consideration .


Input: How Much Should I Get In Life Insurance?

Output: The rule of thumb to calculate how much life insurance you should purchase is as follows . Add up all of your debt , any amount you would need to educate your children if any and then add ten times your annual income . This number represents the face amount of life insurance needed . The length of term has to do with the debt and education fund of your children . For example , if you owe 20 years on your mortgage you need 20 level term life for that amount . Do not worry about the extra , I have never seen a widow return proceeds because they felt it was just too much money .


Input: Is Credit Life Insurance A Good Idea?

Output: Credit Life Insurance is a policy that pays off a borrower 's debt if he/she dies . Is it a good idea ? I suppose , if you died , in retrospect it was ! However , the beneficiary often is the creditor and not someone you can choose . However , typically , rates on this type of policy are higher than what you may be able to get from a broker or agent . However , if you are guaranteed to be accepted and you have major health issues , it should be considered .


Input: How Much Does Group Disability Insurance Cost?

Output: The price for Group Disability Insurance must be obtained from the business for which you work . Your employer may pay part or all of the premium , or it could be paid for completely by employees . Group disability insurance is not able to be purchased apart from the group -LRB- employer -RRB- through which it is offered .


Input: How Much Does Group Disability Insurance Cost?

Output: If your employer is paying the premium for your group disability insurance , it will not cost you anything . Sometimes the employer splits the premium with employees , or the employee picks up the entire premium . You can contact your HR department to inquire about the cost of your group disability insurance benefits .


Input: Does Auto Insurance Go With The Car Or The Person?

Output: In California auto insurance goes with the car . The car is insured regardless of who is driving the car . The insurance is based upon the household where the car is registered and the driving records of the household , but the insurance itself follows the car .


Input: Does Auto Insurance Go With The Car Or The Person?

Output: I can only answer this for the states of CA and NV . The liability does follow you as primary if the vehicle you drive does not have insurance in place to protect when the accident is your fault . Your insurance will act as a secondary if the liability claim exceeds the the primary 's limit and takes care of the difference up to its limit . If you rent a car and damage it you will be liable , unless your insurer did not exclude protecting the insured from comp & coll while using another vehicle . It gets a little complicated , but you will need to check with your insurer and see if the exclusion is there . In special circumstances all your coverage will follow you on another vehicle used as a substitute . If you do rent a vehicle , I would suggest getting the damage waiver from the rental company . Damages are waived that is normally less than your deductible .


Input: Does Auto Insurance Go With The Car Or The Person?

Output: Insurance in most states follow the driver first , then the car . Always when lending your car to someone make sure that person has his own insurance . Otherwise your insurance will pay , but it can effect your rates . Some states are no-fault , such as Michigan . In those states neither driver is considered at fault and each drivers own insurance pays for any claim


Input: Is Medicare Part B Worth It?

Output: In order to qualify for Medicare Part B you must be eligible and covered under Medicare Part A . If you do not accept Medicare Part B and pay the premium you will be responsible for all of your outpatient charges . This includes doctor visits , lab , imaging , infusion therapy , outpatient surgery , etc. .


Input: Is Medicare Part B Worth It?

Output: Medicare Part B is a necessity if Medicare is going to be your primary insurance . Part B covers doctor and outpatient visits for the diagnosis and treatment of your health conditions . These are outpatient services received at a doctors office , hospital , clinic , or other health facility . There is an annual deductible of $ 166 for medical services under Part B and after the deductible is met Medicare covers 80 % of those expenses . If you have a Medicare Supplement is will pay the 20 % Medicare leaves off .


Input: Why Do You Need Life Insurance?

Output: Video Transcript : Today 's question is : Why do I need life insurance ? You need life insurance if you have financial indebtedness , if you have beneficiaries that would have to pick up that tab if you were not there . We 'd also need future obligations that you want to be able to make sure that you protect ; it could be college planning , it could be retirement planning . Anytime you have obligations that you want to protect your beneficiaries from , whether it 's indebtedness , future obligations , even charitable intent , you want to make sure that you 're covered with life insurance . You can get coverage sometimes through group plans through work , you could buy individually , and sometimes you can buy small units with guaranteed underwriting so you do n't have to go through the underwriting process . Even simplified underwriting can do it . Whether you 're using full underwriting , simplified , or guaranteed , you can get the coverage that you need to protect your beneficiaries from the financial liability that you may incur .