Input: What Is A Deferred Annuity Policy?

Output: A single premium immediate annuity is the basic annuity . It provides a lifetime of monthly income in exchange for a single premium . A deferred annuity is different in that it provides that the stream of income does not start immediately , but later , and that the company will accept deposits to the annuity until it starts the monthly income payments . The advantage to this plan is that the growth realized in the deferred annuity is free of current income tax .


Input: What Is A Deferred Annuity Policy?

Output: A differed annuity is an annuity that has an accumulation period before it begins to annuitize or pay out the agreed income . Typically these accumulation periods are two , five , seven , or ten years , but may be extended or deferred for longer periods . During the accumulation period you may continue to pay into the annuity and it will also grow by earning interest .


Input: How Long Does A Health Insurance Claim Take?

Output: Turn around from visit to payment is usually around 30 days or less . For most insurance carriers , their goal is payment within five days of receipt . Receipt is the big deal as some medical offices hold claims and submit in batches through the month . I have had experience with medical offices sending late notices or threats of collection without ever mailing the claim to be processed . For a claim to be paid , it first has to be submitted .


Input: Is My Life Insurance Part Of My Estate?

Output: Only the cash value of your policy is part of your net worth while you are alive . When you pass , if your policy was left to your estate as beneficiary , the policy becomes part of your estate . And as long as you were owner of the policy , if the amount of the coverage passed to your beneficiaries exceeded estate tax limits , estate tax will need to be paid -LRB- unless the beneficiary was your spouse -RRB- .


Input: Is My Life Insurance Part Of My Estate?

Output: Is life insurance part of my estate ? Yes , no , maybe ... . If your assets are large enough your life insurance death benefit can impact your estate in a negative way by increasing your assets by the size of the death benefit . A simple way around that is to simply transfer ownership of the policies to a trust , removing them from your ownership without effecting your beneficiary .


Input: Does Homeowners Insurance Cover Tree Damage To Car?

Output: In virtually all cases if your tree falls either on your car or a neighbors car your homeowners insurance will not pay . You are not responsible for an Act of God and are not negligent . The person in questions auto insurance comprehensive coverage would pay for the auto damage caused by the falling tree . If however it can be proven the tree owner was negligent by not taking care of a tree , and the tree was deemed as hazardous a homeowner could be held liable . -LRB- This generally means a law suit -RRB- . This is not an easy one to prove since there would of had to of been an trail of ongoing complaints both verbal and documented in writing by another party in advance to show the homeowner was negligent in maintaining the tree . Then again if a neighbor was filing complaints over a period of time against the homeowners lack of maintaining the tree that was a potential hazard why did he or she continue to park under the tree ? So at the end of the day it is the duty of all homeowners to maintain their property which includes bushes and trees and show pride of ownership a homeowner is rarely held liable for a branch falling off a tree and hitting a vehicle . The owner of the vehicle must seek coverage under his comprehensive portion of their auto insurance .


Input: Does Homeowners Insurance Cover Tree Damage To Car?

Output: If the tree falls on your car , you would look to the physical damage coverages , specifically comprehensive , in your auto policy to repair the damage . If it falls on a neighbors car , your homeowners will provide a defense in cases of physical injury and property damage lawsuits . The coverage will protect you to the limits of the policy . That is why it is important to carry as much liability coverage as possible . You should consider the benefits of an umbrella policy to increase that liability limit .


Input: What Does The D Stand For In Medicare Number?

Output: The letter D after a Medicare number stands for Aged Widow , age 60 or over . -LRB- Their idea of `` aged '' does not agree with mine ! -RRB- If there is a 1 after the D , it stands for Aged WidowER , age 60 or over . A 2 or 3 after the D stands for Second Claimant for the Aged Widow or Widower , respectively . And a 6 after the D stands for Surviving Divorced Wife , age 60 or over .


Input: How To Transfer Renters Insurance?

Output: Renters Insurance can not be transferred from one tenant to another tenant ; the named insured can not transfer the insurance to another person . However , if the named insured moves to a new rental location , the location can be changed by request to the Carrier 's Customer Service department in writing or online -LRB- if available -RRB- . If the named insured is moving to another State , the policy will need to be rewritten as policy forms are approved separately by each independent State thus requiring a rewrite to the new State . We provide an online format to obtain a quote and buy renters insurance online in multiple States should you be unable to make a change to your current renters insurance policy based on your current situation . An exemplary online solution for all ! WEBSITELINK Should you need additional assistance , please contact a licensed professional to answer your specific questions !


Input: What Type Of Auto Insurance Is Required By Law In Florida?

Output: In the state of Florida you must have liability coverage of at least $ 10,000 per incident and $ 20,000 maximum with $ 10,000 in personal property . These are the required minimums for the state of Florida . If you have a loan on the care you cover , your bank will also require comprehensive -LRB- collision -RRB- insurance as well .


Input: About How Much Is Homeowners Insurance?

Output: A homeowners policy is written individually for each unique home . While there may be averages for a block of policies that wouldnt provide you with much information . To determine the cost of a homeowners policy contact a trusted insurance agent . If you dont have an agent , get recommendations from friends , colleagues or neighbors . The agent should listen to what you have to say , offer meaningful advice and communicate accurately with you and the company . Whatever you pay for the policy it will be insignificant if you must file a claim . Setting appropriate limits is the most important thing an agent can help you with . If at the time of claim , you discover that your coverage was inadequate you will not be pleased .


Input: About How Much Is Homeowners Insurance?

Output: A homeowners policy is tailored for each specific home . It is difficult to tell you what to expect to pay for a homeowners policy . It depends upon where the home is , what the replacement cost would be if the home were destroyed , what firefighting facilities are nearby , and past losses .


Input: About How Much Is Homeowners Insurance?

Output: That is a great question ! unfortunately , without knowing where your home is located , how much you wish to insure it for , and what level of deductible you want , it is almost impossible to give you a solid number . The cost for homeowners insurance can vary widely from one zip code to the next , based on home costs in the different neighborhoods , and homeowner demographics . Your best bet is to contact an independent agent in your area that can provide you with more detailed information for you . Thank you for asking !


Input: How Much Is Disability Insurance A Month?

Output: It depends on your gender , age , health and the amount you want to protect . A rule of thumb for healthy midlife earners is 5 - 8 % of your compensation based on the average no frills disability insurance policy that can pay 60 % of your pay tax free , up to 80 % of your pay if you deduct the disability premium as a business expense .


Input: What Does Medicare Home Care Cover?

Output: Original Medicare -LRB- Parts A & B -RRB- cover somehome health care services such as skilled nursing care , physical therapy , speech-language pathology services , to name a few . A home health care agency will usually coordinate your services as ordered by your doctor . Some home health care services are not covered by Medicare , including : 1 -RRB- 24/7 care at home 2 -RRB- Delivered meals 3 -RRB- Homemaker services -LRB- e.g. cleaning your house , doing your laundry , etc. -RRB- 4 -RRB- Personal care -LRB- e.g. helping you bathe , get dressed , etc. -RRB- You should check with Medicare what they will pay exactly for your home care services . In general , you 're paying $ 0 except for your 20 % of durable medical equipment -LRB- covered under Part B -RRB- - a Medicare supplement plan can pay this portion .


Input: How Much Does It Cost To Purchase Health Insurance?

Output: The answer varies greatly from state to state and individual situation . Individuals and families making less than 133 % of the federal poverty level may be eligible for Medicaid . Those making less than 400 % of poverty level -LRB- $ 45,960 for individuals and $ 94,200 for a family of four in the lower 48 states -RRB- may be eligible for tax credits to help reduce the cost . Individuals can contact an agent or visit the Healthcare Marketplace for their state to get an estimate of the monthly cost .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: One other factor you need to be aware of is the potential back log of applications underwriters are have to process . If your application needed additional information such as those listed in the previous comments , then your application may go to the bottom of the pile and have to work it 's way up to get looked at again . Be sure your agent is the squeaky wheel as sometimes the applications are missed and just sit there . The only error here is that we are all human . Typical turnaround time to plan on is 2-4 weeks depending on the type of insurance you are applying for .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: Life insurance underwriting takes into account many factors , including lab tests -LRB- f used -RRB- , results from paramedical or physical , financial records -LRB- if applicable -RRB- and answers to medical questions . Depending on the face amount of the policy , the process may not take as long as anticipated , depending on how quickly information is received and reviewed . An insurer must make certain all information is received and accurately gathered so the correct rate can be applied to the policy . Once approved , until the term expires -LRB- assuming it is a term policy -RRB- , your rate is guaranteed not to change and you may have specific conversion privileges .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: In order to properly assess a risk the life insurance company needs to have a complete picture . Essentially the more information you provide upfront the less likely an underwriter is going to ask for more information and order additional reports . There are ways you can help yourself . If there is going to be a medical then present yourself in the best light by : Getting a good nights rest Not doing any heavy exercise for 24 hours before Avoid food and beverages -LRB- except water -RRB- for 2 hours before Drinking water to help you provide a urine specimen Avoiding caffeine for several hours Avoiding alcoholic beverages for at least 8 hours Do not smoke for at least 1 hour before the exam If you are taking prescription medication be sure to have the information for reference Avoid taking non-prescription for 24 hours prior If you have an insurance exam scheduled and you are under severe stress or ill , consider rescheduling if you are not able them be sure and advise examiner . If you have a condition that you believe might cause your insurance to be rated , be aware that companies deal with conditions similarly but differently - check with your independent insurance broker . The underwriter needs a complete picture them more information you can provide up front the quicker a decision can be made . 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 Does Life Insurance Underwriting Take So Long?

Output: Usually it is because the insurance company is waiting for information . If your company requests medical reports from the doctor , very often this is not very high on your doctors priority list . I have had to have many clients call their doctor and request that they get the information to the company as soon as possible .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: Believe it or not technology . When I started 25 years ago , the turn around on a life policy was about 3 weeks . Now , it is not uncommon for 8 weeks to pass before a policy is issued . I say technology because the modern age has lowered insurance pricing but has increased how much an underwriter gets to review . With the information age being what it is , it still takes time to gather and review all the new information available today . Having access to more information has lowered pricing but added time .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: If you are applying for a policy that requires an exam , there is the chance that the underwriter will want to see your medical records . As an impaired risk life insurance specialist , I have seen several cases take nearly 6 months due to the complexity , amount , and elusiveness of those applicants ' medical records . This is what I have learned , to help speed up the process . 1 -RRB- Put all the doctors you have seen in the past 5 years on your application , and include the doctor who diagnosed your most serious health conditions . Delays often happen because records are received , but then the underwriter notices that the patient was referred to someone else during that time . Getting all your doctors noted at the start does not necessarily mean the insurance company will order records from all of them , but at least it gives underwriters the opportunity to pick and choose which ones they want , so they order them in a timely manner . 2 -RRB- Do your exam quickly . Putting of an exam for months sets back the whole application process . Sometimes medical records are not even ordered until the exam is done . 3 -RRB- Warn your doctor or clinic that they will be getting a request for your medical records , and ask them to fill the order ASAP . You might even want to collect your own medical records to speed things up , if that is allowed . 4 -RRB- Provide additional details in a timely manner . Sometimes insurance companies will see something on your MIB or MVR or application that will cause them to need more information . Answering that extra question , filling out that extra form , or doing whatever needs to be done , can eliminate unnecessary delays . 5 -RRB- Do n't jump to another company without talking it over with your agent first . Give him/her a chance to find out where the logjam is , and get it cleared up . If you can not get answers from your agent , it 's OK to switch , but close your first application out , or transfer it to someone else . Otherwise , you may end up applying for the same policy with two different agents , and that can cause further complications and delays .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: In order to save money , many life insurance companies are trying to cut down on ordering medical records from the insured person 's doctor . As a result , they often wait to order medical records until after the exam is completed . One way to possibly shorten the time that your policy is in underwriting is to have your paramed exam done as quickly as possible after applying . At our agency , we have an in house Case Manager who can order medical records , which helps cut down time in underwriting . Still , it is easy to get delayed if an underwriter decides to order additional medical records after everything comes in . It can be nerve wracking to those going through it , but if your agency is on top of things and gives you regular reports , it helps alleviate the stress .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: I am so glad you asked this question . Life insurance is an underwriting-driven sale . A well-managed underwriting process will yield both good pricing and good service . This is what you need to keep the client satisfied . The underwriter has the final word . At the same time , the client , the broker , the general agent , the case manager and the underwriter all collaborate in making things happen . In addition , third-parties such as physicians offices , and advisers such as accountants and attorneys and bankers , all have a role to play . Let me give you some examples of how things could work the right way , and also the wrong way . The right way can get you an approval in a matter of weeks . The wrong way can drag it out to months and months and months . First of all , you as the client must go through full disclosure . Answer every question thoroughly and accurately . Make sure you get prequalified so that any underwriting challenges are addressed before you submit a formal application . You might have to clarify elements of your medical history . You might have to give details on risky activities such as mountain climbing a scuba diving . Amendments to physician records may be needed . If all this information is collected up front , then you can benefit in two ways . First of all you can be confident that you have both competitive and reliable quotes . Your application should be approved at the rate quoted . In addition , the underwriting process should run more smoothly because a number of underwriting requirements have already been obtained . If you dont get prequalified , and underwriting challenges are not addressed before hand , then all the time needed to do so will delay the formal underwriting process . It is also important to get the insurance exam completed quickly . Those lab and test results are essential to evaluating the level of risk you present . It may be that your blood chemistry is off the day you take the exam , and that might raise some questions . You might even have to repeat the exam . Or clarification may be needed from your doctor . Better to take care of these items sooner rather than later . The longer you wait in scheduling that exam , the longer the evaluation will take , and the longer it will take to remedy any emerging issues . Medical records are also a dealmaker or a dealbreaker . They too play a huge role in assessing risk . These days many physician offices are short-staffed and overloaded with bureaucratic insurance company and government requirements . They often contract with services to make copies of records . Their turnover of requests for copies of files is often slow . Bear in mind that they are paid in advance and well paid for this service . You as the patient may have to get involved to stress the importance of a faster turnaround . Many times , statements and documents from professional advisors are needed . In one case I have , I obtained a medical approval of great pricing over six months ago . However , copies of trust and buy sell agreement documents are required to get the final approval , and to issue the policies . The attorneys and accountants still havent delivered . General agents play a key role in delivering customer satisfaction . Brokers typically do not deal directly with underwriters - we deal with general agents who operate at the wholesale level . A general agent who has strong leverage with carriers will be able to deliver underwriting concessions . He or she will also be able to intervene as needed and advocate on behalf of the client and broker if snags pop up during underwriting . Things can happen . Sometimes one underwriter will prequalify a case , and another will formally underwrite it . These two may not agree on what the price should be . The general agent needs to stay on top of this and get the dispute resolved as quickly as possible . Case managers are also key . These are personnel inside general agencies who expedite requirements . If they are really on the ball , then the broker is notified promptly of the need for outstanding records , documents , client information , etc. . If they are slack , then requirements are filled too slowly . I think too many agencies just rely on software to give updates . This technology is useful ; at the same time , managers really do need to stay involved personally with cases and move them along . It takes the personal touch . In essence , with the right team approach and cooperation from all involved , then things can happen relatively quickly . The broker needs to treat underwriting as such and provide proper direction . Without this leadership , there is so much room for error that underwriting can become a nightmare .


Input: Why Does Life Insurance Underwriting Take So Long?

Output: While technology has definitely shortened the life underwriting process , it has not reached the level that has eliminated waiting for the required information . Typically , life underwriters gather information regarding the risk of insuring a person 's life through more than just the application . They will check MIB -LRB- Medical Information Bureau -RRB- , the lab results and often medical records . The medical records often take the longest to obtain . Many doctors utilize services to copy the records & send them to the requesting party , while others do this `` in house '' . On occasion , we have had to have the insured called their doctor 's office to get them to release the records . Sometimes , obtaining medical records could take 30 - 60 days , resulting in longer underwriting times .


Input: Why Do People Get Denied Life Insurance?

Output: There are a variety of reasons that can trigger a declination . The leading cause of declination is your health condition where the company has calculated your life expectancy is unprofitable for the company to take on the risk of your demise . Hazardous recreations and vocations can also cause a declination . A motor vehicle report with several moving violations in a 2-3 year period or DUIs can result in a declination .


Input: Why Do People Get Denied Life Insurance?

Output: Why do people get denied life insurance ? The biggest reason that people get denied is because the policy they applied for is not one that they qualify for . They may not qualify because their health , their age , or even their income does not fit the guidelines for that policy . The sad thing is , many declines could be prevented by visiting with knowledgeable agents who understand what products best fit each person 's situation . And many less people would be declined if they would answer the agent 's questions without trying to hide things . Those things usually catch up with you in the end , so it is much less frustrating to get them all out in the open at the start and allow your agent to find you a policy that you indeed can get and not be denied .


Input: What Is Blue Cross Blue Shield Health Insurance?

Output: Great Question . Blue Cross Blue Shield Health insurance for Health insurance . The time you get sick you can use that type of insurance to seek medical advice . Most people have medical insurance if not the state plan might cover them if they fall under certain conditions . Check with your local broker for detail .


Input: Does Obama Care Require Employers To Provide Health Insurance?

Output: Employers with 50 or more full time employees are required to provide a government approved plan for their workers . Smaller employers -LRB- fewer than 50 full time -RRB- are not required to offer health insurance and many may not . Failure to comply with the employer mandate will result in fines -LRB- taxes -RRB- levied on the employer .


Input: Who Pays For Medicare?

Output: Employers and anyone who works and pays taxes helps to pay for Medicare . Medicare is funded through payroll taxes , which are split down the middle between employers and employees . Payroll taxes are also know as FICA taxes . Most employees pay 7.65 % of their income in FICA taxes . Social Security consumes the first 6.20 % . Medicare consumes the remaining 1.45 %


Input: How Much Taxes Do I Pay On Life Insurance?

Output: Generally life insurance proceeds are paid to the beneficiaries of the life insurance policy tax free . There are exception if the proceeds remain in the decedents estate and could be subject to estate taxes . Life insurance proceeds that generate income could be subject to ordinary income tax if the policy is surrendered with gain in ht e contract including any policy loans in excess of basis .


Input: Is AARP Life Insurance A Good Deal?

Output: Life insurance purchased through AARP is popular , does not need an exam , and the premiums can be very competitive . Their coverage is underwritten by a reputable life insurance agency . You do need to review the policy , as with any Term or Permanent policy , to see if the premiums are guaranteed to remain the same for the entire years of the term -LRB- if buying Term Life -RRB- , or for the rest of one 's life -LRB- if buying Whole Life -RRB- . Otherwise , the price may raise as you age and become more than you can afford to pay .


Input: Is AARP Life Insurance A Good Deal?

Output: Is AARP life insurance a good deal ? As with many questions like this . . it depends . A person should look at the details which can be plus or minus with any plan . For example AARP term life is fairly easy to get with only a few questions asked.The downside with the plan is because of so few questions , the pricing is higher than a healthy person could get . It 's a trade off a person should review and decide upon .


Input: Is Disability Insurance Considered Health Insurance?

Output: Although disability insurance and health insurance are both morbidity insurance products they are not the same . Disability insurance can protects the income of the insured , it can protect the retirement contributions of the insured , it can protect business overhead expenses , key employees and bank loans from the disability of its business owners . Medical insurance protects against the expense of hospitalization or emergency room visits after the deductible has been satisfied .


Input: What Is A Matured Life Insurance Policy?

Output: A life insurance policy matures when it pays out a death benefit on policies that have no stated maturity date . Otherwise , the policy will indicate a maturity date which , on many whole life policies , may be age 95 , 98 , 100 , 120 , etc. . The issue with a policy that matures while the insured is still alive is that the maturity benefit will be taxable as the cash is constructively received at that point . Many policies in recent years have maturity extension riders or policy provisions which can extend maturity to prevent such an unwelcome situation so check your policy . Death benefits are normally received income tax-free but a living maturity is income taxable to the extent of gain in the contract to the policy-owner . If maturity is approaching and such riders are not present , insurers have been known to agree , upon request , to continue the policy extra-contractually . Contact an experienced life insurance professional for assistance .


Input: How Long Does It Take To File A Renters Insurance Claim?

Output: Generally , it is the interest of the insurance company to get a release from the claimant and close a claim . That release ends the companys liability . There are many things that can cause delays in the claims process but the companies are usually committed to quick action .


Input: Is Whole Life Insurance A Good Investment For Kids?

Output: Insurance as an investment is a topic that has been debated for a long time . A whole life insurance policy on a child makes good sense if you care about providing a base of insurance that will last a lifetime regardless of your childs future health or occupation . It makes good sense if you want to establish a savings program that has safety and a reasonable return . It also makes good sense if you want to guarantee that your child will be able to get life insurance in the future regardless of their occupation or health .


Input: Is Whole Life Insurance A Good Investment For Kids?

Output: That is an excellent question ! I am very hesitant to use the word investment when talking about life insurance in any sense , as it is n't designed to be like the stock market or mutual funds , where you invest a lump sum , and gain or lose off the investments ' growth . With life insurance , you make a steady payment , the premium , and the return for that payment is clearly defined : the face value , or death benefit . That said , it is a very common event that the amount of premiums paid are far less than the payout when it happens , but the insured is n't there to gain from it , as it only pays out when they pass . I 'd say that they are theoretically more like a savings account than an investment , as they are an excellent way to get cash when it might otherwise not be loaned to you . You can borrow out of the accumulated premiums that you have paid in . Another way that it will be a smart financial move for your children is that purchased as children , you lock in a very inexpensive price for the policy , that will never change . From that respect , you can save them a ton of money over the years from what they would have paid , purchased later in life , with health issues . Many companies will also allow for periodic increases in the amount of insurance without questions , a godsend if the child has developed issues with their health . I 'd love to discuss this with you privately , please contact me . Thanks for asking !


Input: Is Whole Life Insurance A Good Investment For Kids?

Output: I never call Whole Life an Investment , because it has an entirely different purpose , but it is a TOOL ! A financial tool that pays off in many ways . For a kid , it is probably the very best financial tool you can ever have . It guarantees that for the life of that child , they will always have life insurance , so long as premiums are paid . They do not have to worry about ever becoming uninsurable , such as with diabetes or obesity , or heart ailment , cancer , or any other reason on earth . They are insured ! Their premiums will NEVER ever go up . They are locked in for the entire life , no matter what happens . As a kid , their rates are extremely low , so low they can be incredible . Every parent or grandparent should get life insurance on their children or grand kids . Love to help . Thank you . GARY LANE .


Input: Does Life Insurance Go To Probate?

Output: In general terms , life insurance death benefit proceeds go direct to their beneficiaries , thus by passing the process of probate . If the life insurance policy owner is an irrevocable life insurance trust , then the proceeds are delivered to the trustee of the trust and distributed to the trust beneficiaries .


Input: Does Life Insurance Go To Probate?

Output: Life insurance does not go to probate unless the beneficiary on the policy is the estate . If there are no living beneficiaries at the time of the death of the Insured person , the life insurance can also go to probate . If the policy 's beneficiary is a person or trust , the life insurance proceeds do not need to go through probate in most circumstances .


Input: Does Life Insurance Go To Probate?

Output: The awesome thing about life insurance is that the death benefits go directly to the beneficiary tax free . You want to be sure to use a knowledgeable agent when writing the policy . If the policy beneficiary , whether primary , contingent or tertiary , is named to the estate instead of a person , business or charity , this will cause the proceeds to be paid into the estate . Now this money is comingled with the estate value , which means it will go through probate and will be taxed . Avoid this before it is too late .


Input: Is It Safe To Buy Term Life Insurance Online?

Output: How did you find the site ? Did someone you know and trust refer you to the site ? If you know nothing about the site , you take the risk , like anything else on the web . There are several excellent sites that sell life insurance online . And others I would question . If you know your local agent , that is usually the best way to go , but more and more , organizations are aligning themselves with trustworthy providers . Do your due diligence , like anything else you buy . Thank you . GARY LANE .


Input: Is It Safe To Buy Term Life Insurance Online?

Output: Buying insurance online will not necessarily help you get the best price , or give you advice that can help you achieve your objective . That said , there is nothing inherently wrong about using the internet for information . Just make sure the carrier you apply with is recognized as in good financial shape . Buyer beware is good advice no matter where you shop .


Input: Is It Safe To Buy Term Life Insurance Online?

Output: No ! It is not . If your objective is to receive a quote for a rate about which you are confident you will be approved , you need to speak with a broker . That broker must spend enough time with you to get thorough and accurate quote information . Then the broker must work his contacts to reach underwriters that are normally competitive for the type of risk you represent . If need be , the broker must work on getting medical records so that underwriters can feel comfortable putting their best rate on the table . Sometimes the broker must advocate on your behalf and negotiate with the underwriter . All this must take place prior to your submitting an application . It can take days or even weeks . The net result is that you get not only a competitive quote but a reliable quote . This is what you deserve before you then commit weeks or months of your valuable time going through formal underwriting . And the fact of the matter is that none of this can be effectively accomplished online !


Input: Is It Safe To Buy Term Life Insurance Online?

Output: If you pick a website that is safe , you will be safe buying life insurance online . Some things to look at to determine if a website is safe are : 1 -RRB- Are they part of the Better Business Bureau ? If so , how are they rated ? 2 -RRB- Do they have a lot of complaints ? 3 -RRB- Do they share information with other companies , or keep it private ? 4 -RRB- Do their testimonials sound legitimate ? 5 -RRB- Do they show their contact information ? Do they have a physical address ? 6 -RRB- Better yet , do they give any information about their management or employees ? 7 -RRB- Do they show what companies they sell for ? 8 -RRB- Do they provide educational information , or just push for a sale on their website ? 9 -RRB- Do you have the opportunity to talk to a licensed agent ? 10 -RRB- Can you wait to pay for the policy after you get it , or if you pay in advance , are you assured that you can get a refund if you choose not to take it ? If you go to the right website , you can get great service and never have to leave your home . Checking out the points above will help you have a good and safe experience .


Input: Is It Safe To Buy Term Life Insurance Online?

Output: If you know the website is safe and you trust the life insurance company or agency then yes it should be safe . However , do you know if you are getting the right coverage at the best price for your unique situation ? If you have doubt , I highly recommend using an experienced independent life insurance broker to shop the market for you . Almost all of us do that for free everyday .


Input: How Quick Can I Get Car Insurance?

Output: It 's easy to get car insurance . Here 's what you need . A car ! Assuming you have a car , now you need a valid driver 's license . And hopefully , you 're a careful driver ! And , if all information is provided , you can have coverage within hours ! Next , it 's important to compare auto insurance rates from top-rated companies . An experienced broker can quickly determine what companies offer you the best prices , down-payments and coverage . You can easily apply online or in-person . As a broker with more than 32 years of experience , finding affordable car insurance is always a concern of consumers . Fortunately , many carriers do offer low cost options . Finding them is where a broker can help . At no cost , of course .


Input: How Quick Can I Get Car Insurance?

Output: I would like to add my two cents to this : you can get auto insurance the same day you purchase a car . This is assuming that you are qualified to purchase auto insurance -LRB- i.e. you have a valid drivers license and an interest in an automobile -RRB- . Many direct insurance agencies like Progressive and Geico allow you to purchase insurance online and print out the proof of insurance immediately . If you go through your agent they can put in the request and draft the proof of insurance for you at the office .


Input: How Quick Can I Get Car Insurance?

Output: Most insurers have systems to check the identity of your car , check your motor vehicle record and determine if you have made claims in the past several years . The result is that the only time required is that of gathering the information . Normally we can issue a policy in less than 30 minutes .


Input: How Quick Can I Get Car Insurance?

Output: You can get auto insurance approved an issued as quickly as 20-30 minutes . As an experienced broker -LRB- 33 years in the business -RRB- , our job is to do the shopping for you , research which companies offer the best rates in your area , and properly explain the best coverage for your specific situation . With the use of top-rated websites , experienced underwriters and the latest technology , applying for and getting affordable car insurance is quicker than ever before .


Input: Is It Too Late To Plan For Retirement?

Output: The ten years before your retirement date and the ten years after is the critical time for retirement planning . Wherever you are in that time frame will normally allow you options . If you are ten years away from retirement start today to live on your retirement income and see how that feels . Put the difference between your current income and your retirement income into a Roth IRA . Make adjustments as necessary but get into the post retirement budgeting process as quickly as possible . Identify those skills and interests that you have that can generate additional income should that be necessary . During this period of time be particularly wary of changing investment strategies in an attempt to make up the short-fall . If you elect more aggressive strategies you could end up with an unacceptable loss .


Input: Is It Too Late To Plan For Retirement?

Output: It is never to late to plan for retirement . The earlier you start , the easier it is to make sure you have the money to maintain the lifestyle you want and desire . If you do no planing or do not save enough , you might get what I like to refer to as the `` blue vest '' retirement . Hence you see retired people working at Walmart as greeters as well as other market places . There are many options these days to make sure you will have the money , not run out of money you need for retirement . Take the first step now , make a call to your local adviser or at least due some research making sure who you are talking to or the material you are reading is credible .


Input: When Can You Add A Spouse To Health Insurance?

Output: If you have an individual health insurance plan , you can add a spouse any time you wish . Of course , individual companies may require an application to be submitted 15 days -LRB- for example -RRB- prior to the requested effective date . You must also allow time for the carrier to underwrite the application .


Input: Why Is State Farm Life Insurance So Expensive?

Output: Every carrier has their own rates - these are based off a long calculation of actuarial values and mortality tables . Some carriers are more aggressive than others and are willing to take on more risk -LRB- in underwriting as well - the evaluation of the risk class they assign to the insured -RRB- . More aggressive carriers will offer lower rates . More conservative carriers feature higher rates . So it 's hard to say one carrier is just very expensive . They may be cheaper for individuals in great health and more expensive for those with complex medical histories and vice versa . The age of the insured has a lot to do with this process as well - they could be a better carrier for younger individuals and more expensive for older ones and vice versa again . This is why it 's important to look at multiple carriers for your life insurance benefits and compare premium quotes and other factors .


Input: Does Medigap Cover Pre Existing Conditions?

Output: Yes , a Medigap policy will cover all of your per-existing conditions , as long as a portion of your treatments are covered by Medicare . This is one reason it is s important to enroll for a Medigap plan when you are first eligible , when coverage is guaranteed issue . If you try to apply outside of an open enrollment period , and have pre-existing health problems , you can be turned down for coverage . Like other types of insurance , you need to BUY NOW , before you need it , so coverage will be available when the time comes that you have a need .


Input: Does Medigap Cover Pre Existing Conditions?

Output: If you sign up for a Medigap plan when you turn age 65 and have prior creditable coverage , your plan is considered guaranteed issue and will cover pre-existing conditions . Medicare Part A and Part B does not have a pre-existing clause so even if you lacked prior creditable coverage you still have full coverage under Medicare .


Input: What Is Covered Under Medicare?

Output: Medicare Part A and Part B cover services and supplies that are considered medically necessary to treat a disease or condition . Original Part A and B Medicare also cover some preventative services . If you have Medicare Part D or a Medicare Advantage Plan , many prescription drugs will also be covered .


Input: Does Home Owners Insurance Cover Air Conditioner?

Output: Well it depends on the cause of damage . If let say it was a fire and the AC was damage then yes it covered . If lets say the AC motor blows out and the blower is not working then that is a maintanice issue and home insurance does not cover taht . Good Luck


Input: Does Home Owners Insurance Cover Air Conditioner?

Output: If damage to the unit was caused by fire , wind , lightning/hail or some other peril provided under your policy it would be covered-minus your deductible . If the unit had a mechanical breakdown you would need to have an endorsement on the policy for `` mechanical breakdown '' to have coverage afforded . Having said that , if the unit broke and caused damage to the home you would likely have coverage for the resultant damage caused by the unit . Hope this helps !


Input: How Is Whole Life Insurance An Investment?

Output: Whole life insurance is permanent insurance . It retains the same premium throughout your lifetime . It also builds equity . It is generally not considered an investment but a financial tool . However , the truth is that by building equity , it clearly also is a type of investment . You can borrow against it , and actually never pay it back , and keep the money tax free . You can use the money for retirement , or to buy a home . But buying life insurance should primarily be to protect your family and those you love ! Thank you . GARY LANE .


Input: How Is Whole Life Insurance An Investment?

Output: Life insurance creates cash at death . That being said the cash value that builds up in a whole life policy with dividends can not be ignored . Some whole life policies are touted as being investment grade because the based on current long term projections the internal rate of return is in the 4 % range for the total cash value . That reflects well on the balance sheet as a fixed income investment replacement . Whole life policies are valuable financial instruments in financial and retirement planning . However , the growing death benefit is where the policy shines , providing estate planning solutions . 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: How Is Whole Life Insurance An Investment?

Output: That is a great question ! Technically speaking , no it is not . Agents are generally cautioned against using the word investment in any of their presentations , so as to not mislead potential clients . A life insurance policy does not generate the returns for you that a money market fund , mutual fund , or stock market investment would . An insurance policy will pay off what the face value is , when you pass , and as such is not usable by you . There are policies called `` universal , or indexed universal '' life policies that promise large cash value gains , but even so , they are not to be seen as investments , when you read all of the fine print , and conditions needed to produce the promised gains . That said , it is an important and needed part ofalmost everyone ` sfinancial security , and it provides a great sense of relief , knowing that you 've provided for your loved ones . That you can consider a worthy investment . If you would like more detailed information on the financial differences , please contact me , okay ? Thank you for asking !


Input: Does Homeowners Insurance Cover Window Replacement For Weather Damage And Mold?

Output: A homeowners policy covers damage caused by specified perils . These perils are basically sudden events that destroy property such as fire . Water damage caused by seepage over an extended period of time doesnt fit with the definition of a specified peril . Mold is the same sort of situation . The damage isnt sudden . Mold damage might be covered if a pipe ruptures in a wall and the damage isnt detected quickly .


Input: When Should You Get Disability Insurance?

Output: You should seriously think about purchasing at the very least short term disability insurance if you ca n't afford long term disability . But before you start shopping around , make sure your employer does n't have some kind of disability insurance in your group plan . Nevertheless , you should purchase disability insurance when you start working full time .


Input: When Should You Get Disability Insurance?

Output: Long Term Disability is what most people need , what is most competitively priced , and what is recommended by most financial counselors when trying to decide between purchasing long and short term disability insurance . You should get is as soon as you can after beginning work at your new job .


Input: Is USAA Health Insurance Good?

Output: USAA -LRB- which is a very fine financial institution and which I am a member for my auto coverage -RRB- does not have their own health coverage . They are a broker for Assurant Health . Not sure if they have continued that relationship with Assurant Health since Obamacare has come to fully pass into law .


Input: Will Annuities Increase?

Output: The challenge to answering the question `` Will annuities increase ? '' is that the answer depends on the context of the question . I will provide an answer for different situations and if you would like further clarification you can contact me . In Canada , there are basically two type of annuities , immediate and deferred . Immediate annuities provide an income in exchange for a lump sum . With a deferred annuity , the income is in the future , Deferred annuities are often used as an accumulation or investment vehicle . When the investment options are guaranteed , it is similar to a guaranteed investment certificate , GIC , and could increase through interest growth . In Canada , variable deferred annuities are often referred to as segregated funds or seg funds . These are similar to mutual funds and their value can increase or decrease depending on the fund -LRB- s -RRB- performance . Since they are issued by insurance companies , seg funds do offer minimum death and maturity guarantees , typically 75 % or 100 % . Some companies also offer resets or the locking in of gains , the full details of which are outlined in the plan 's information folder . One major factor in determining the income provided from immediate guaranteed annuities is long term interest rates . If rates increase , the amount of income provided will also increase . The income from an immediate annuity can also increase after issue depending on the terms of the contact . An indexed annuity for example can provide for an increase in income each year . Another option would have part of the income dependent on the performance of a fund or pool of funds , where the income would increase or decrease depending on the funds ' performance . This is a basic overview of a potentially complex subject . Do not take any action without consulting a licensed professional . 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: How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now?

Output: In Canada and the United States , for a fee , you can use the Medical Information Bureau -LRB- MIB -RRB- Policy Locator Service to help you find a lost policy . Some companies have their own searchable databases . You are looking for clues : review bank statements for withdrawals ; contact friends ; did she have an insurance advisor ? ; etc. . Once found a review of the policy will determine if there is coverage or cash value that could be used . If you have further questions please do not hesitate to contact me .


Input: How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now?

Output: You 're referring to what 's known as an `` Accelerated Death Benefit Rider '' -LRB- also commonly referred to as `` Living Needs Benefit Rider '' or simply `` Accelerated Benefit Rider '' -RRB- . This rider is designed to allow a person to access a percentage of the proceeds prior to death if the insured person has been diagnosed with a terminal illness by her physician -LRB- some policies cite remaining life expectancy must be 12 months or less others may be 6 months or less - varies by insurance company -RRB- . The Accelerated Death Benefit Rider is included in most policies these days at no charge - if you 're unsure if it 's in her policy , you can contact the carrier to find out if it 's included in her coverage . Please note , when the rider is activated , there can often be a fee due for activation . The rider provides funds prior to death to be used for medical care , funeral arrangements , and other items and features an interest rate charged to the amount provided . Upon the death of the insured and a claim is made on the policy , the proceeds paid to the beneficiary will be the face amount less the amount provided prior to death and the interest generated from the loan . Another avenue is cash value if it 's a permanent life insurance policy -LRB- whole life or universal life insurance -RRB- - this money can be borrowed against the policy as a loan . However , it 's expected to be paid back . Should the death of the insured occur prior to repayment , the outstanding balance and any interest due would be deducted from the face amount and the difference paid to the beneficiary . If she is not terminally ill and is in need of long-term care , then you would be looking to determine if she has a long-term care insurance policy in place or a life insurance policy with a long-term care rider and what the benefits are under those programs . If you 're unsure if there are any existing policies on her and are trying to determine whether she has any coverage in place , the Medical Information Bureau -LRB- MIB -RRB- may be able to help identify a carrier she has applied for coverage with in the past -LRB- however , I believe they can only go up to a 7-year look back -RRB- , but due to privacy laws , she may need to do that herself . If you have documentation noting your authorization to review her input , then you may be ok on that matter . Otherwise , you may need to review past financial documents to determine whether she 's been paying premiums for a policy -LRB- e.g. input can be found via her bank statements -RRB- . If you know what carrier she has her coverage with , you can contact them to determine whether any of the above items are available under her policy . Please note , you would need authorization to do so or at the very least have her on the phone with you - due to privacy laws . I hope the information is helpful - please feel free to contact me for help with coverage and if you have any other questions . Thanks very much .


Input: How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now?

Output: If she can not remember if she has a life insurance policy but can remember the company name or agent 's name you need to start there . I am sure you have looked through her important papers and may be still can not find them , there are some websites to assist you . First is the NAIC or National Association of Insurance Commissioners . There website is free at WEBSITELINK web map.htm this site will lead you to her state 's DOI site where the policy should be registered as to the carrier purchased so you will know who to call . If that one is empty , the next step is to try the MIB Solutions website at WEBSITELINK life insurance howto.htm . This website boasts a 30 % success rate in finding lost policies and charges $ 75 per search . Just be careful if choosing a life settlement company to check on the company 's reputation . Unfortunately , there are a lot of scams involving these actions . Good luck !


Input: Why Is It Important To Have Home Insurance?

Output: Because if you do not have homeowners insurance and a catastrophe should strike your home you more than likely would not be able to financially afford to repay the mortgage and pay to have the home rebuilt . The other side is the liability coverage afforded by the homeonwers insurance policy . The other considerations are too numerous to list her . Contact a lcal agent to discuss coverage availability and pricing in your area .


Input: What Is Allied Health Insurance?

Output: I presume you are asking about Allied NationalHealth Insurance which is a company that provides group health insurance products in a number of states but not all 50 states . Their primary focus has been on the under 100 employee marketplace for group health insurance . They also offer self-funded health insurance plans , limited benefit medical plans , short term medical insurance plans and life and disability insurance plans .


Input: Can Health Insurance Cover Breast Implants?

Output: Health insurance does not generally cover cosmetic surgery , so if the reason for the implant isjust breast enhancement then no it would not usually be covered . If the reason for the implant is reconstructive in nature due to a covered illness or accident then the implants may be covered .


Input: How Much Is The Self Employed Health Insurance Deduction?

Output: The self employed health insurance deduction is entered on line 29 of form 1040 . The qualified amount is subtracted from your total income to help determine your adjusted gross income . You can deduct the amounts paid for you , your spouse , and dependent children . You can deduct the full amount of the annual premium cost provided your self employed income is higher . Otherwise , you can only deduct the amount of your self employed income . Please consult your tax adviser .


Input: I Don't Have Car Insurance Can I Rent A Car?

Output: Great question ! Most car rental agencies will offer their own coverage , as long as you have a valid drivers license , and a clean record . It is typically fairly pricey compared to what your individual coverage might cost , but it 's an option . Your best bet would be to ask before attempting to rent , and find out what they require . If you 've been dropped by your insurance company for some reason , it may make it tougher for you . If you have more questions , please contact me , I 'd be happy to help . Thanks for asking !


Input: I Don't Have Car Insurance Can I Rent A Car?

Output: Most rental companies would be happy to provide auto insurance to cover their rental car . Another approach is to purchase a non-owned auto policy . That would cover your liability concerns . If you are really gutsy you might check with your credit card company and see if they provide coverage for physical damage if you use their card . This system works but it is certainly not for the feint of heart .


Input: I Don't Have Car Insurance Can I Rent A Car?

Output: That is going to depend on the rental car company . Many rental car companies have third party insurance providers that they work with to provide clients with temporary insurance coverage during the period that they are renting a car from the rental car company . I would suggest that you call some of the local rental car companies that are in your area to find out if they offer this service .


Input: What Is 403 B Plan For Retirement?

Output: A 403 -LRB- b -RRB- is a qualified retirement plan available for public school teachers , principles , janitors , administrators as well as self employed ministers , some non-profit employers and service organizations . The contributions are deductible , accumulate tax deferred and are taxed as ordinary income at distributions .


Input: Will Home Insurance Cover Chimney Damage?

Output: Depending on what the damage is , the chimney may be covered . Most homeowners policies will cover the damage if caused by fire , wind , hail , smoke , explosion , vandalism , falling objects and collision . However if the damage is just caused by normal wear and tear then this would not be a covered peril of your policy .


Input: How Do Auto Insurance Claims Work?

Output: Typically when you have had an accident or damage to your vehicle and you have the appropriate coverage you would contact your carrier 's claims department or your local agent to inform them of the loss . The carrier will typically send out a claims adjuster to gather the information to ensure that all claims are paid in accordance with the policy . This process can typically be as short as hours to days or weeks depending on the details behind the claim . Most carriers attempt to resolve open claims as quickly as possible .


Input: Is Life Insurance Proceeds Subject To Estate Tax?

Output: Life insurance proceeds are usually not subject to estate tax.If the amount of the life insurance brings the value of the estate over the exempted amount , the amount that exceeds the exemption will be subject to estate tax . The federal estate tax exemption in 2014 is 5.34 million dollars . Some states have estate and/or inheritance taxes , as well , with different limits . Estate tax does not generally apply when there is a surviving spouse .


Input: What Are Some Long Term Care Insurance Disadvantages?

Output: The main disadvantage is never using the policy benefits , with no one to recoup the paid premiums . But remember you may never see the inside of a nursing home , but most seniors using elder care use assisted living at home , so the downside is n't so bad because most long term care insurance allows for in home care .


Input: Can Non US Citizens Get Health Insurance?

Output: Yes . A legal , non-citizen resident of the U.S. can get health insurance domestically . To make things even more interesting , ObamaCare contains provisions that may actually be more advantageous to legal non-citizens than to American citizens . Section 1401 of the Affordable Care Act created Section 36B of the IRS code which includes `` Special Rule For Certain Individuals Lawfully Present In the United States '' . This rule states that lawfully present aliens with incomes under the Federal Poverty guidelines who `` are not eligible for Medicaid under Title XIX of the Social Security Act by reason of such alien status '' shall be treated as though they had incomes above the Federal poverty level , thus entitling them to Federal insurance subsidies . This can lead to the situation where a lower income American citizen is forced into Medicaid -LRB- or left uncovered if they fall into the gap area in states that did not raise their minimum eligibility threshold for Medicaid eligibility -RRB- while a legal non-citizen at the same income level will be allowed to purchase health insurance through the government health insurance marketplace and to qualify for subsidies for their health insurance premiums .


Input: Does All Health Insurance Cover Birth Control?

Output: This is a great question ! Many major medical plans do cover birth control . typically , there is a cost or co pay involved . The best way to figure out if contraceptives are covered is to call the number on your insurance card or take a look in the summary of benefits for your plan .


Input: Should I Buy Disability Insurance Through My Employer?

Output: If your employer provides disability insurance it is very wise to obtain the disability through them because premiums will be less than a single individual policy . Keep in mind through the employer policy you are usually only renting the policy not owning it . In others if you were to leave your current employer can you take that policy with you . It is also wise to have your own disability policy outside to supplement at work , just in case you are no longer working for the employer . The best time to purchase anytime of insurance is when you do not need it because you probably can afford it and also be insurable .


Input: How Much Is A Medicare Deductible For 2013?

Output: The Medicare Part A deductible for 2013 is $ 1184 per admission . Once you satisfy the deductible , Medicare covers all approved inpatient charges in full for the next 60 days of that hospital admission . If you are discharged within the 60 day time frame and readmitted within 30 days to the same or a different hospital for the same condition you do not have to satisfy a new deductible . If you are admitted for a different medical condition you must satisfy a new $ 1184 deductible .


Input: How Much Is A Medicare Deductible For 2013?

Output: The Medicare Part B deductible for 2013 is $ 147 . This deductible runs with the calendar year . In other words , once satisfied for the calendar year , it no longer applies . Part B of Medicare covers things like outpatient procedures , labwork and doctor visits . The Part B deductible resets each new year . Many Medigap plans will cover this deductible , in addition to the Medicare Part A deductible and Parts A & B coinsurance .


Input: How Will Obama Care Affect Long Term Care Insurance?

Output: Obama Care does not have any direct involvement with Long Term Care Insurance rates or features . The Patient Protection and Affordable Care Act -LRB- PPACA -RRB- deals with Health Insurance only . One could speculate as to whether everyone having health care will reduce the number of people needing long term care , and thus reduce the cost of Long Term Care Insurance . Or if Long Term Care Insurance premiums will rise if insurance companies lose money on Health Insurance . Or any number of things . But as far as Obamacare affecting Long Term Care Insurance directly : it does not .


Input: When To Stop Paying Disability Insurance?

Output: Your can stop paying for disability insurance when you retire . Protecting your paycheck is vital and part of defensive financial planning . generally most disability insurance polices end at age 65 . If you want to continue to work full time , there are a handful of companies that offer disability insurance post age 65 .


Input: What Health Insurance Do I Need?

Output: What health insurance do I need ? The one that pays your medical expenses when you get sick or hurt . The best health insurance policy is the one in force when you need . Advice : Purchase the best benefits you can reasonably afford on a monthly basis . You 'll never regret that decision and be happy -LRB- happier -RRB- when something happens . Purchase the cheapest policy available and you 'll surely regret it . For more information on purchasing the right health insurance plan please visit www.clminsure.com or call 561-320-2978


Input: What Health Insurance Do I Need?

Output: Everyone has a need for health insurance and under the Affordable Care Act , everyone must have it or pay a penalty . The purpose of the insurance is to protect yourself financially against a catastrophic event by shifting the risk to a third party -LRB- e.g. the insurance company - you pay a monthly premium and they take on the risk of claims -RRB- . 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 . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be.This is where an independent insurance agent can really help you . They can work with you to look at a wide range of options from many of the top carriers in the industry . If you have any other questions about health insurance or would like to review your coverage , send me a private message by clicking on the `` contact me '' button - my direct contact information is provided on my profile page .


Input: Does Homeowners Insurance Have To Be In The Name Of The Owner?

Output: The primary insured is normally the name that is written on the deed . Some insurance companies dont like to name an inter-vivo trust . The name of a natural person would be accepted . The reason these should be the same is to make sure that there is full liability coverage should anyone sue the property owner .


Input: Why Do You Need Long Term Disability Insurance?

Output: Long Term Disability Insurance pays you a cash benefit if you are unable to work for an extended period of time . Becoming temporarily or permanently disabled is a traumatic event in itself . Not having any income during that time makes it much more life changing . Disability Insurance gives you the means to get through a difficult experience with fewer `` scars '' than you would without it .


Input: Why Do You Need Long Term Disability Insurance?

Output: Long term disability insurance is a way to protect your income if you become sick or hurt and are unable to work . Think about it this way , your income is very valuable . if you take your annual income and multiply it by how many years you are planning on working , this is how much your income is worth . For someone making $ 50,000 and planning on working for 20 years , their income is worth $ 50,000 X 20 . That equals , $ 1,000,000 . People buy long term disability insurance to protect that $ 1,000,000 . Please feel free to contact me if you have any questions !


Input: How Much Life Insurance Can I Have?

Output: You can buy pretty much however much life insurance you are willing to pay the premium on in most cases . If you want more than 20-times your annual income you will need to make a case about your need for the coverage . Life insurance is not a lottery ticket . There has to be a need .


Input: I Had A Car Accident Will My Insurance Go Up?

Output: There are many thing to consider to be able to determine if the rate will increase . Each carrier rates differently . Some carriers you pay for accident forgiveness other carriers you have right from day one small accident forgiveness and you pay nothing for that coverage . Also what type of accident did you cause damages to others or just damage to your auto . Was it a Deer . In Most cases the rate will not increase as much as it would cost to repair the damages . I have even seen some carriers that do not run your motor vehicle report so if you had them as a carrier the rate would not change at all . Each state and carrier has different laws and rates . Talk to your agent or your carrier and they should be able to tell you . Also even if you have not reported the claim and decided to pay it yourself your agent or carrier should be able to tell you if it will increase .


Input: I Had A Car Accident Will My Insurance Go Up?

Output: Not necessarily . That will depend on the many factors that go into determining you premium . Just because you have had to submit a claim does not mean that your insurance rate will automatically increase upon your next renewal . If you already have an accident or ticket on your motor vehicle record less than three years old then you will more than likely see an increase at renewal , but that is up to the carrier .


Input: How Does It Work When You Have Two Health Insurance Policies?

Output: Usually the two policy 's would coordinate benefits , meaning they both would pay a percentage . You can not get more than the actual charges . It really does n't make since to carry two policies . There are some policies designed to pay in addition to health insurance but these are not true Major Medical , they are called indemnity plans . They help pay the expenses not covered by your health insurance such as deductibles , copay 's , and loss of time from work .


Input: Does Dave Ramsey Recommend Annuities?

Output: No ! Dave Ramsey is not a fan of annuities . Dave 's generic advice is to invest in `` good quality mutual funds , with a long track record '' and to stay invested , even through your retirement years . I happen to disagree with his advice , and with his stand on annuities . -LRB- For the record , I can show you mathematically how following his advice through any of the major market downturns we 've suffered would have left you dead broke . -RRB- You have to remember , an annuity , like any other financial product , has a purpose . The purpose of an annuity is , among other things , to provide a stream of income that is guaranteed . When used appropriately , an annuity can be a valuable tool .


Input: Does Renters Insurance Protect The Owner?

Output: If by owner you mean property owner , then no it typicallydoes not provide coverage for the owner . Renter 's insurance provides coverage for the insured and the insured 's personal property only . The owner of the premise should have their own insurance policy for the building . Ipersonally would recommenda landlord or owner of rental property should have as a requirement of renting that the tenant secure renters insurance before moving into the premise and carry coverage during their residence .


Input: Does Medicare Pay For Euflexxa?

Output: Medicare will pay for Euflexxa injections for the knee only . As with all treatments , it must be determined to be medically necessary to be covered by Medicare . Evidence of osteoarthritis of the knee is required by X-ray in order for Medicare to cover hyaluronan injections , of which Euflexxa is one .


Input: Does An HIV Test Affect Life Insurance?

Output: The test has no baring on Life Insurance . Testing positive for HIV after a Life Insurance policy is in force has no affect on the policy . Once the policy is issued the company can not change it because your heath has changed . Testing positive before applying for coverage will be a decline with most companies but not all . Testing positive during an Insurance exam will be a decline or at best postponed till you are rechecked by your own doctor . Being HIV positive will result in higher premiums and restrictions on the amount of coverage . However , you can get coverage . It is very important that you are completely honest with your agent before any formal application is submitted . An experienced agent will do an underwriting pre qualification with a company prior to submitting the application .


Input: Does An HIV Test Affect Life Insurance?

Output: These are good answers . Any health condition -LRB- not just HIV -RRB- that is expected to shorten your life will get you rated up or declined when applying for a life insurance policy . If you policy is already issued there is no health condition that will get your premium increased or would cancel your policy . That 's why it 's important to buy life insurance today rather than put it off until tomorrow .


Input: Does An HIV Test Affect Life Insurance?

Output: Yes , a positive result on an HiV test will effect your ability to purchase life insurance . At this time , I am not aware of any carrier that will underwrite anything more than a nomial face amount of coverage at a large price . In my state because of current insurance laws a positive result on an HIV test means a decline .


Input: Does An HIV Test Affect Life Insurance?

Output: Testing positive for HIV would very likely result in a decline for life insurance . As the medical advances for HIV and AIDS treatment advance , it could change how life insurance companies underwrite this risk . Understand that anything that affects a person 's expected life expectancy compared to the norm will determine the offer for life insurance .


Input: Does An HIV Test Affect Life Insurance?

Output: I specialize in HIV Life Insurance and most of the people I have spoken to think it is always better to be tested anonymously when you get tested because if you test positive then the chances are it will end up in your MIB file forever . As far as a HIV test for Life Insurance if you know your positive then do n't waste your time on a company you know tests for HIV . It is not a requirement for every company . I actually offer a Group Life Insurance policy through a membership that comes with $ 10,000 in life insurance and you can buy-up to $ 100,000 in $ 10,000 increments . It is very affordable and the only requirement is that you work 30 hours or more a week and live in the USA and not in AK , MT , SD , UT VT , or WA CONTACT me for more info


Input: Can I Rollover A Variable Annuity To A 401K?

Output: What you can and can not do is subject to the rules of the 401 -LRB- k -RRB- plan which was established by your employer . Get a copy of the plan to determine if you can do this . There are always alternatives but basically you want to preserve the tax identity of all retirement funds because there is different treatment in retirement for various sorts of funding .


Input: Can I Rollover A Variable Annuity To A 401K?

Output: Per IRS rules , you CAN NOT rollover a Variable Annuity to a 401 -LRB- k -RRB- . You can move a Variable Annuity into an Individual Retirement Account -LRB- IRA -RRB- however , turning non-qualified monies into qualified , meaning you have to follow the rules for IRA 's . I recommend that you reach out to your Representative who helped you set up your Annuity to talk about options you have available . Annuities have surrender charges which need to be taken into consideration . If you need a Representative , let me know .


Input: Is Eyelid Surgery Covered By Medicare?

Output: In some cases yes , some no . Your eye care provider will measure the droop in your eyelid -LRB- s -RRB- and advise you if surgery is warranted or not . Insurance carriers -LRB- including Medicare -RRB- have guidelines that must be documented before the surgery is a covered expense . Your surgeon will be familiar with the requirements and can advise .


Input: When Will I Get Medicare?

Output: Most will be enrolled in Medicare automatically at age 65 . If you have coverage under an employer group health plan you should take Part A and postpone enrollment in Part B and Part D . If you are on Social Security disability , and have been receiving SSDI payments for 2 years , you are eligible for Medicare before age 65


Input: What Is Guaranteed Life Insurance?

Output: Guaranteed Life Insurance can refer to Guaranteed Issue Life Insurance . In that case , it is a policy that has no health questions and can not be declined for health reasons . Guaranteed Issue Life Insurance does have age limits . Guaranteed Life Insurance can also refer to a policy with premiums that are guaranteed not to go up , and face amount that is guaranteed not to go down , for the duration stated in the policy .


Input: What Are The Two Major Types Of Life Insurance?

Output: The two major types of Life Insurance are Term Insurance and Permanent Insurance . Term Insurance is very straightforward and there are not many variations . It is meant to satisfy the need for coverage on a temporary basis . Permanent Insurance comes in Whole Life , Universal Life , and Indexed and Variable options , among others . It is used for long term needs and some financial planning purposes due to its tax favorable status .


Input: What Are The Pros And Cons Of Long Term Care Insurance?

Output: The cons of owning long term care insurance are actually singular in nature if you can qualify for a healthy classification , the possibility of never using it . The statistics seem to suggest that senior couples will spend $ 250,000 in medical and extended care throughout their retirement . If those adds are correct , the pros of owning a long term care insurance policy is having those cost paid by the insurance company .


Input: How Is Medigap Funded?

Output: Medigap -LRB- Medicare supplement insurance plans -RRB- is a private insurance plan often purchased by individuals who are Medicare beneficiaries . Medicare Part A and Part B has deductibles , coinsurance and copay 's that become the responsibility of the Medicare beneficiary after Medicare has paid their portion . A good Medigap plan will protect the beneficiary from exposure to thousands of dollars in out of pocket liability for the approved but unpaid Medicare portion . Medigap is funded with premiums paid by the policyholder . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: How Is Medigap Funded?

Output: Medigap is funded 100 % by your premiums . When you are Medicare eligible you decide if you want original Medicare and a Medicare supplement or if you want something else . If you want a plan that allows you to use any doctor , hospital or lab , you want original Medicare and a Medigap plan .


Input: How To Select A Home Insurance?

Output: Start by talking to local agents in your area , when you find one that you feel is knowledgable and that will look out for your best interest . Your local agent is your first point of communication if you should have any concerns about your coverage , claims , rates , or about other insurance coverages that are available or recommended for your cituation .


Input: Does Car Insurance Cover Windshield Replacement?

Output: Car insurance covers windshield replacement if you have comprehensive coverage on your car . If you only have liability , it does not . Comprehensive coverage may have a zero deductible , $ 50 deductible , or full comprehensive deductible on glass coverage , you 're advised to inquire about this before making a claim . Your agent or carrier would be able to advise on that .


Input: Can 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 Home Insurance Cover Chimney Repairs?

Output: A homeowners policy pays for damages caused by named perils . Depending upon the individual policy named perils normally includes wind and lightning damage . However , coverage isnt extended to general wear and tear . A call to your insurance agent can probably clarify matters for you .


Input: Where Should I Get Homeowners Insurance?

Output: You should search Google local or Bing Local and find an Independent Insurance Agent in your local community . Usually an Independent Insurance Agent will represent more than one insurance company so you can get a few home quotes for comparison . When you receive the most competitive quote do n't forget to ask about the agent 's experience with company 's claim paying history . Price does matter but claim paying ability could be more important to you .


Input: Where Should I Get Homeowners Insurance?

Output: Check with your colleagues and friends . Get recommendations . Select an agent who will listen to you . Make sure that the agent provides accurate information to you and the insurance company . While price is important , having the correct coverage is more important . There may be discounts available based on your other lines of insurance and occupation .


Input: Where Should I Get Homeowners Insurance?

Output: I recommend you call a local independent insurance agent . An independent agent works with many different insurance providers and can shop for you the best rates and coverages to meet your insurance needs . Also an independent is primarily beholden to the client which is you and not the company so your best interest is always in mind .


Input: Does Medicare Cover My Spouse?

Output: If your spouse has worked and paid Medicare taxes for the entire required 40 quarters , or is eligible for Medicare by virtue of being disabled or some other reason , your spouse can receive his/her own medicare benefits . If your spouse has not met those qualifications , if you have met them , and if your spouse is age 65 , he/she can receive Medicare based on your eligibility .


Input: How To Document Belongings For Renters Insurance?

Output: There are several free home inventory programs out there that will help you gather the information about your belongings that are used in most cases to validate the worth of the property . Have pictures of your personal property is a great way to begin . Just remember you should also try to keep receipts , model , and serial numbers of major belongings . Try to keep your inventory up to date and keep at least one copy off site .


Input: How Much Does Life Insurance Cost For A Baby?

Output: Buying life insurance for a baby is a great idea . I wish more parents and grandparents did this . With whole life insurance you can lock in the very lowest rate possible , and keep that rate for the rest of the child 's life , regardless of ailments or future insurability . The cost for even the highest paying policy will be so low that virtually anyone can afford this . Later , as the child becomes an adult , they will be able to easily pay that locked in lowest rate ! Dollars a day . Thank you . GARY LANE .


Input: How Much Does Life Insurance Cost For A Baby?

Output: That is a great question , and you are doing a great job thinking about protecting your baby ! The premiums for a young child are very low , and by purchasing it now , you ensure that the rate never increases . Think of the thousands of dollars you just saved your child over the course of their lifetime ! I pay less than $ 10 a month for my kids ' insurance , and as Jason mentioned , the rider adding the opportunity to increase the coverage is a great thing to do - if your child were To develop some health issue during childhood , the rider will allow you to increase their coverage without the health issues being a factor . That can be a huge blessing . Great job , and thanks for asking !


Input: How Much Does Life Insurance Cost For A Baby?

Output: It costs just a few dollars a month to buy life insurance for a baby . If you are buying under $ 25,000 you can expect to pay under $ 10/month for a Whole Life insurance policy for the child . If you add a child rider onto your own policy , you can cover multiple children for that one price .


Input: How Much Does Life Insurance Cost For A Baby?

Output: Not all insurance companies will issue life insurance on a newborn . Often they require the child to attain 6 mos . To 1 year . Since a child does not yet love , it is the love of the parent that would motivate the purchase of a policy . The people who might suffer at the death of a young child are the parents and it may be in their interest to purchase the policy . The low cost is a motivator but inflation might make the amount of insurance insignificant as the child becomes an adult .


Input: How Much Does Life Insurance Cost For A Baby?

Output: There are a couple reasons people will purchase Life Insurance for children , not matter how old . . First , is for the intent of Life Insurance , to provide a death benefit if something happens . From personal experience , losing a child takes a huge toll on your family . Having Life Insurance has helped to pay for final expenses and the time away from work . The second reason is to build an asset which you or they can access the cash value to supplement college education costs or a new car and even to start a plan for retirement . There are plans out there starting as little as $ 4 for $ 50k of term insurance . Let me know if you have more questions pertaining to a specific situation you are thinking of .


Input: How Much Does Life Insurance Cost For A Baby?

Output: As Peggy noted , it 's really cheap to buy life insurance on a newborn baby . The primary underwriting factor is the responses to yes or no health questions - there are no exam requirements for them because of their age -LRB- they 're babies ! -RRB- . Many parents look at buying a whole life policy because it 's very cheap and can be kept for life . A great rider to look at adding to a WL policy on a child is a guaranteed insurability option rider -LRB- GIO -RRB- - in short , this rider says that you can increase the face amount at certain intervals with no additional medical underwriting . Another option many parents consider is adding a child rider onto their own policy - this is a very cheap and easy way to add term coverage for your children . Let me know if I can be of further help . Thanks !


Input: How Much Does Life Insurance Cost For A Baby?

Output: Not that much , but it is going to depend on how much you purchase . There are limits insurance companies place on child policies and they will want to know how much insurance you and your spouse have as well as any siblings . It is up to you on how much coverage do you want for your baby . Enough to cover a service , God forbid or enough to get a head start for down the road . For my kids , I chose the head start purchase which gave them a solid policy and options to increase coverage later , no matter their health . It was n't that expensive and years later , it has more than proved it 's worth in cash values .


Input: Can You Not Have Homeowners Insurance?

Output: Yes of course , provided that you do not have a mortgage . If you have a mortgage , then the finance sompany or bank will require you to have Homeowners Insurance as a condition of the loan , and to maintain it without lapse for the life of the loan . If you do not have a mortgage of any kind , then certainly there is no one looking over your shoulder requiring you to have it . In a case like that , should you risk everything you have worked so hard for by not having insurance ? My answer is a resounding `` NO '' ! Buy and maintain the insurance and live with peace of mind .


Input: Will Medicare Pay For Zostavax Vaccine?

Output: Only Medicare Prescription Drug Plans -LRB- Part D -RRB- or Medicare Advantage Plans will pay for Zostavax vaccine for prevention of shingles . Medicare Part B does not cover it . If you get a prescription for Zostavax , you can take the prescription to a pharmacy to have it administered .


Input: Where Can I Find More Income In Retirement?

Output: There are several steps that a retired person can take to increase their income . The first is to unretire . Retirement is overrated . Working has positive effects on a person and when the work is meaningful it can add years of enjoyment . It can certainly stretch your retirement budget . Even before you retire you can discuss this with your employer to determine if there is some way you can return to the workforce as either a consultant or contract worker . It would be best to determine which aspects of your work you enjoy and what type of projects you want to do . Enter into an agreement to work on those things that interest you . I know a teacher who shows up two periods of day to teach Physics and then gets in his car and drives home . He enjoys what he does and doesnt want to participate in the wider campus life . Sometimes it isnt possible to continue to work for your current employer . In those instances make an inventory of work in which you excel . Armed with that list contact people who need full or part-time help in your area of expertise and offer your services , or contract for your services . If you can not find an employer who needs your talents consider working for yourself . There are a variety of ways to advertise your skills and there are people looking for your talents . If you want to try something altogether new there are franchise opportunities available . These opportunities run the gamut from stores to on-line services and sales . Finding a program that suits your capabilities and temperament should be relatively easy . Some of these opportunities can become quite lucrative . I have clients who are leaving their employment long before retirement because their on-line sales business is flourishing . Obviously working provides income and it also reduces the number of years that you will depend upon your retirement savings to provide income . If you are drawing retirement income this will give you money which you can put into a Roth IRA to fund the period when you finally do stop working altogether . One of the most important things that working does is to allow you to delay receiving social security . For a long list of reasons it is usually to a retirees advantage to delay the start of benefits until they reach age 70 . The increase in benefits is substantial to the worker and to the widow it is amazing . Working provides a great deal of emotional satisfaction and a sense of freedom . Another technique to increase your retirement income is to tap into the equity of your home . Regardless of whether the mortgage is paid or not , you can take out a reverse mortgage after age 62 . A reverse mortgage will allow you to tap the equity in your home . This is a complex transaction and the only transaction that I can think of where an applicant must be counselled by a disinterested party . It is the right move for some , though and could make your retirement more comfortable . Another way to stretch your retirement dollars is to determine what you own of value that you no longer need . If what you own can be converted to cash it might help stretch your retirement income assets . Selling things on the internet is relatively inexpensive and can be quite fruitful . I advertised an accordion on the internet and was besieged with interested buyers . Estate sales demonstrate that there are things that are not being used by the retirees that are of interest to the public . Often cars are no longer being used , undeveloped land lies idle and jewelry lies unused in a safe deposit box . Another way to stretch your retirement income is to determine what services are available to seniors in your location that cost you money currently . Many places offer discounts and sometimes services can be free . Even utilities companies participate in programs to lower costs for seniors . With almost 50 % of retirees depending on Social Security for their retirement income it is very important to understand how you can stretch that income and even increase it .


Input: Where Can I Find More Income In Retirement?

Output: We actually never retire we just slow down statistics prove that stopping work increases our chances of death by 5 times so really retirement is a mind set if we plan and time is on our side we might want to volunteer our services at a non profit organization or church would be a good place to start . In the seed process time is our most important asset even over income but if there is a shortage even then we should tithe a 10th of our income and the word says he will open the windows of heaven and pour out a blessing that we want even be able to receive it all.So have an open mind to new ideas and maybe get involved in something you wanted to do in your 20 's or 30 ' but just felt there was either not enough of time or time and no money .


Input: Where Can I Find More Income In Retirement?

Output: That is a really good question ! More and more people are becoming worried that they will not have enough in the bank to live out retirement like they 'd hoped . There are a great number of things that you can do , many of which could depend upon where you stand financially now , and how close to/far into retirement that you are . Some simple steps ? 1 . -RRB- Eliminate as much debt as possible now . Eliminating interest on loans , credit cards , etc. will save you tons of money later on . Tightening the belt now and paying off those debts will free up cash later , when it 's needed . 2 . -RRB- Look at when you want to file for your SSI benefits to begin . If you or your spouse can hold off on starting the benefits , the payments when they do start will be larger . 3 . -RRB- Eliminate unneeded expenses , and downsize where possible . If you are living in a home that has become larger than you need , maybe downsizing the home or property could provide the money that makes the difference . 4 . -RRB- If there is available money to invest , then look at vehicles that might help down the road - annuities , or a Roth IRA that allows later distributions might be options . 5 . -RRB- Work , or making money off of hobbies is always a possibility . If you like to garden , grow vegetables to sell , or make flower arrangements , etc. that both gratify you , and add income . I wish that I had more information from you to work with in my answer , but I hope that there will be something here that will give you ideas , and hope . Thank you for asking !


Input: Is Plumbing Included In Homeowners Insurance?

Output: It depends on the policy form of your homeowners policy . Check to see if you have an HO-3 or HO-5 policy form which is a special form policy or `` all risks '' . These policies cover water damage -LRB- not a flooding event from natural causes -RRB- from plumbing . Some policies are limited and may exclude water damage such as an Owner Occupied Dwelling Form 1 policy . Always ask your agent if you are concerned about water damage and if your policy covers some of your conerns .


Input: What Is Medicare Plan F?

Output: Medicare SUPPLEMENT plan F is a Medigap plan with very rich benefits . Essentially all Medicare approved Part A and Part B expenses that are not paid due to deductibles and coinsurance are covered in full by Medicare supplement plan F. Plan F is the most popular , most oversold and most expensive Medigap plan on the market .


Input: What States Have Their Own Health Insurance Exchange?

Output: The majority of states did not set up their own health insurance exchanges as Obamacare was being set up . But your question is harder to answer than you might expect because there are federal-state partnerships of one extent or another in 11 states . There are 13 states plus DC that set up their own plans . The rest are federally facilitated markets . The states that set up their own plans include CA , WA , ID , CO , MN , NY , VT , NH , RI , CT , VT , KY , VA , and DC .


Input: What Is Paid Up Insurance In Whole Life Policies?

Output: This is the amount of insurance that if you stopped making premium payments today and elected to take a paid up policy , you would have that amount of insurance for the rest of your life . A 20 pay life policy would be paid up in 20 years with no premium due after that time while the insurance is still in force . A whole life policy can have a reduced paid up option after enough cash value has accumulated in the policy to provide a paid up policy . This table can be found in your policy . A good agent can help review your policy with you to help you understand your non-forfiture options


Input: Is It Legal To Not Have Health Insurance?

Output: Yes it is legal to not have health insurance . However , a penalty is scheduled to begin in 2014 under the Patient Protection and Affordable Care Act that will impose the greater of $ 95 or 1 % of income as an additional tax to those who do not obtain health insurance . This penalty tax will increase to the greater of $ 695 or 2.5 % of income in 2016 .