Input: Can I Be Denied Health Insurance For HPV?

Output: Great question ! Like it or hate it , the Affordable Care Act -LRB- `` Obamacare '' -RRB- has done you a great blessing - coverage can not be denied to you due to your previous health condition . You also will find that lifetime caps on coverage for you have disappeared also . I 'd suggest that you try the exchanges first , and see if you qualify for a subsidy to help drop your insurance cost - another nice perk . Hope that helps ! If you need more information , please feel free to contact me , I 'm glad to help.Thanks for asking !


Input: Can I Be Denied Health Insurance For HPV?

Output: While the Affordable Care Act eliminated health based underwriting , there are limitations around when you can purchase your policy , and when you would expect the coverage to become effective . The initial open enrollment period concluded on March 31 , of 2014 . If you have a pre-existing condition such as HPV you may have to wait until the next open enrollment . Plans purchased during this second open enrollment will be effective January 1 , 0f 2015 .


Input: Can I Be Denied Health Insurance For HPV?

Output: Under the Afforable Care Act , you can not be declined for health insurance due to a pre-existing condition or other health-related issue . You have the option to secure a bronze , silver , gold , or platinum level plan - please note , not every carrier offers a plan under each level -LRB- e.g. company XYZ may only offer bronze , silver , and gold plans , but not platinum plans -RRB- . Individuals under age 30 also have the option of securing a catastrophic plan . If you qualify for a subsidy , you would want to look into plans ON the health insurance exchanges . If you do n't qualify for one , you may want to look into plans OFF the exchanges as you will generally have more options available to you .


Input: Where Do I Sign Up For Medicare Part B?

Output: You can sign up for Medicare Part B online at medicare.gov . The website offers information about when and how to apply , along with a form that you can fill in and submit online . If you would rather call to sign up , you can call Social Security at1-800-772-1213 . Or you can sign up at your local Social Security office .


Input: Do Federal Employees Have Disability Insurance?

Output: Up until recently , federal employees were not offered short term disability or long term disability insurance . If a federal employee was disabled for over a year and met the length of employment guidelines , they could take advantage of a disability retirement program . However , federal employees are now offered a choice of disability plans through FedAdvantage to fill in the gaps in their federal benefits .


Input: Can I Get Disability Insurance If I'm Already Pregnant?

Output: Yes you can get disability insurance once you are already pregnant , but your current pregnancy will not be covered . Many insurance companies do not ask pregnancy related medical questions on the policy application . Policies purchased through employers often do not ask these types of questions . Any non-pregnancy related illnesses along with accidental injuries would be covered . Most policies will exclude losses for any preexisting medical condition . The exclusion typically lasts for twelve months . Future pregnancies may be covered depending upon the elimination period you choose .


Input: Who Can Help Me Find Health Insurance?

Output: Being an agent , I would have to say that your best bet is to work with a health insurance agent . Why ? Because trained , licensed health insurance agents know which carriers have the best prices at any given time , which policies best fit your particular situation - and agents are there to help you before , during and after the sale . I am helping my existing clients on a daily basis . And with Healthcare Reform coming , my clients know they do n't have to worry about a thing - I will be there to help them make the transition .


Input: What Is Individual Disability Insurance?

Output: Individual Disability Insurance is paycheck protection . Most working Americans have a 90 day cash reserve . The average disability period is 30 months . You may experience a period of disability during your working lifetime . Disability insurance benefits can pay up to 60 % of your compensation tax free and up to 80 % taxable if you can deduct the premium as a business expense .


Input: What Happens When You Get Dropped From Auto Insurance?

Output: You will have to seek coverage with another carrier . If you can you will want to secure coverage with a new carrier before the termination of your current policy . You may pay a higher premium with the new carrier due to being dropped from your previous carrier depending on the circumstances . If you let your coverage lapse you may pay an even higher premium and possibly have a more difficult time finding a carrier due to the lapse .


Input: What Does It Mean For A Retirement Plan To Vest?

Output: It means that you 'll receive whatever full benefit you have accumulated or qualified to receive . The opposite of vesting would be forfeiture . In other words , if you are not fully vested under a plan you will forfeit certain benefits -LRB- and in some cases all benefits -RRB- if you terminate from the plan . Vesting a process that takes place over time and is used to encourage employees to stay in the plan -LRB- i.e. stay with the company -RRB- . Conversely it can also be used somewhat nefariously as a way to prevent payment of certain benefits , or to prevent the obligation of paying certain benefits to shorter term employees . Vesting as a practice is guided by rules set forth by the Employee Retirement Income Security Act -LRB- ERISA -RRB- . ERISA also requires full automatic vesting for any employee who has reached his or her `` normal '' retirement age , defined in the United States as the age at which you become qualified for full Social Security retirement income benefits . This automatic vesting happens regardless of years served as per normal vesting schedules .


Input: Who Sells The Cheapest Renters Insurance?

Output: The Cheapest Stand Alone Renters Insurance is available through Stillwater Insurance Group . In order to obtain the lowest quote for renters insurance , you must select the minimum property coverage required , the minimum liability coverage needed and the maximum available deductible ; this would provide the cheapest quote for Renters Insurance . There is a link available in multiple States in order to obtain a quick quote and purchase your renters insurance online . WEBSITELINK If the insurance has been required by a Landlord , it may be a good idea to find out if the Landlord needs to be listed as an Additional Insured on the policy ; in which case , the Landlord must provide the name , address and applicable account number -LRB- if any -RRB- to be listed by the insurance carrier on the policy .


Input: Can A Tummy Tuck Be Covered By Health Insurance?

Output: A tummy tuck -LRB- I always thought they could come up with a better description -RRB- is typically not covered if it is for cosmetic reasons . And usually , they are . However , if it is related to a medical condition and must be performed to prevent additional health issues , it could easily be covered . It 's best to check with your broker .


Input: How Much Does Long Term Care Life Insurance Cost?

Output: The cost of long term care insurance varies so much that it is impossible to answer that question . It varies according to the age , health , smoking status , and build of the applicant . It varies according to the type of policy , length of coverage , elimination period , and policy features . It varies according to where you live and what company you buy it from . One way to find out a general price for each age is to look at the federal guidelines they use for tax exemptions . Otherwise , calling a long term care specialist is the best way . The can give you a range of prices and features and help you pick the best choice for you .


Input: Does Health Insurance Cover Overseas?

Output: When you travel outside the US your health insurance follows you but it does not cover all contingencies . There are no networks outside of the US so your policy becomes a reimbursement contract . You should consider supplementing your major medical plan with an international travel plan to cover things like med evac and translation of medical records .


Input: Can I Change Auto Insurance At Any Time?

Output: You can change your auto insurance at any time . The process is simple . You contact an experienced broker and then we shop all of the major companies to provide you with the lowest available rates and the most flexible payment plans . However , before you cancel an auto insurance policy , it 's important to know exactly what the rate on the new policy will be . Therefore , it should be underwritten and an offer in writing should be received . A broker can easily review the process with you .


Input: Can I Change Auto Insurance At Any Time?

Output: Yes you can at any time ... But your policy could be canceled short rate and you will be charged a short rate fee . It 's better to switch at renewal unless you are saving lots of money . See if it 's really worth it to switch because also if you have not had insurance for a few months and this is your first policy in a few months you could be losing your prior insurance discount for your next six months , depending on the State you live in . Visit my blog to learn more . WEBSITELINK


Input: Why Does Suze Orman Dislike Variable Annuities?

Output: To be fair to Suze , she has online piece called The Truth About Annuities , that outlines her position on annuities and which also addresses variable annuities -LRB- VA -RRB- . While she appears to question the VA expense loads a legitimate gripe as in all investment , she seems to down play the tax deferral feature . Read her piece online to determine her position .


Input: What Does Dwelling Mean In Home Insurance?

Output: Dwelling is the building or structure you are insuring . Agents determine the dwelling value based on the cost to rebuild your home . In order to get Replacement Cost coverage you have to insure your house for 100 % of the Replacement Cost -LRB- the amount it would cost the insurance company to rebuild your home . -RRB- . Other lines of coverages are percentages of the dwelling value . For example , if your home is insured for $ 500,000 you would have 70 % for contents coverage or $ 350,000 and 10 % for other structures or $ 50,000 .


Input: How Does Medicare And Tricare Work Together?

Output: If you are currently on Tricare you will be required to enroll in Medicare parts A & B when you reach age 65 . In most cases this happens automatically . The part B has a charge . When you have a claim the claim is processed first by Medicare . They pay the benefit on their schedule . The balance of the bill is then sent to Tricare . Tricare then pays what they will pay subject to any applicable deductibles and co-payments . The balance is then due and payable by you . In practice most physicians and hospitals get complete information about how the bill will be handled before they treat you . If you are responsible for any part of the bill , they will demand payment , frequently , before treatment starts .


Input: What Occupation Makes Car Insurance Cheaper?

Output: Although many auto insurance companies inquire about occupation , the answer you give them does not affect the rates . They ask this question as more of a screening than anything else . They want to make sure you are not using the vehicle for commercial use -LRB- which would not be covered under a personal auto policy -RRB- . For example , if you list your occupation as a delivery driver , they may ask you additional underwriting questions to make sure you are insuring the vehicle on the right type of policy -LRB- or at least make you aware of the fact that you 're not covered while using the vehicle commercially -RRB- . There are however , private insurance companies who only sell to certain groups -LRB- e.g. military personnel , teachers , govt . workers , etc -RRB- They can offer very low rates at times . But never have I seen the type of occupation affect rates with a public auto insurance company .


Input: How Much Life Insurance Am I Able To Get?

Output: How much life insurance for income replacement purposes you can get is primarily a function of your income if considering a purchase during your working years . Each insurance company has its own maximum limit of the amount they will issue you considering all of the life insurance you have on your life but a good rule of thumb for insureds under age 45 is up to 25 times earned income . The multiple is less at older ages and in retirement years , net worth becomes a key factor .


Input: How Much Life Insurance Am I Able To Get?

Output: The amount of life insurance coverage is directly correlated to the amount you can economically justify which may include future values on income and/or estate growth . There is also some play here within the retention of life insurance companies to be more benevolent with amounts that fall into multi-planning scenarios such as domestic and business insurance purchasing .


Input: How Much Life Insurance Am I Able To Get?

Output: In addition to the other excellent answers above , sometimes you can get life insurance as a senior , homemaker , or student , even though you may have little to no income coming in . Many insurance companies will allow a stay at home spouse to take out the amount of life insurance that the employed spouse has on his or herself . Sometimes students can get life insurance based on what their income will be in the near future . And seniors may be able to get a final expense policy even if their income is very low .


Input: How Do I Get Cheap Car Insurance?

Output: There are two ways to measure whether an auto insurance policy is cheap . From the television advertisements you could think that the premium is the way to determine who has the cheapest insurance . Your state insurance commissioner is charged to make sure that insurance companies keep their promises . He does this by making sure that the premiums being charged are adequate . Since all insurance companies doing business in your state are offering their policies to the same group of people , it would seem that ultimately they would have pretty similar experience and would charge fairly similar rates . When you hear an advertisement telling you that customers saved on average 25 % by switching to company A , you need to understand that information like that is the result of after sales surveys . This is what people report . That is why almost every insurance company has similar advertisements . If everyone is saving money over everyone else , something isnt quite right . The other way to determine cheap insurance is to determine by value . You buy automobile insurance to pay claims when you have an accident or your car is damaged . When this occurs how much you paid in premium may be insignificant if the policy you hold on your automobile is inadequate to handle the law suits coming your way not to mention the repair of your vehicle . A few days ago a client was struck a glancing blow on the right rear of his car while stopped at a signal light . The car then proceeded to hit the expensive car stopped alongside my clients , pushing that car into a small car with two children on board which then rolled forward and knocked over and ran over a motorcycle operator . The driver who started this mayhem is not thinking about how much he paid in premiums , he is thinking about how much the company is going to pay in the costs that will come next . Incidentally , two people left the scene in ambulances and others were undoubtable injured . The way to have the cheapest automobile insurance is to secure the services of a competent insurance agent . The agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . In the end the agent will guide you to appropriate limits . These limits will determine how well the insurance company performs when you have an accident . Regardless of which company the agent and you agree upon , the real test is going to be how well the company performs when you have an accident . There are two other fallacies that affect an automobile insurance purchase . The first is the idea of legal limits . If you purchase automobile on the basis of the limits required by law you may well bankrupt yourself when you have an accident . Those limits can handle some accidents but certainly will stop paying long before the bills stopping coming if the accident involves much personal injury or the car struck is expensive . The other fallacy is full coverage . Most consider full coverage to be enough to satisfy the state requirement and enough to satisfy the lender . While keeping those entities satisfied you are still assuming too much exposure personally . Your company could run out of money before everyone is satisfied . Then they will sue you directly .


Input: How Do I Get Cheap Car Insurance?

Output: You can get cheap car insurance by shopping and comparing with an experienced broker . There are dozens of reputable and reliable insurers in your area , so it is very difficult to find the best pricing without taking a week off from your daily activities ! For example , as an experienced broker -LRB- more than 32 years -RRB- , we are committed to our customers and finding the best rates from top-rated carriers . When you hear `` shop till you drop , '' you can apply that work ethic to an experienced broker/agent when they go to work for you . Since a broker understands underwriting guidelines of multiple companies , your specific information will help determine the carrier that gives you the best deal and the broadest range of discounts .


Input: Does Homeowners Insurance Cover Roof Damage From Snow?

Output: In most case , yes , your homeowners insurance would cover roof damage from the snow . While it is possible that you have specific exceptions in your homeowners policy that I am not aware of , generally speaking , roof damage is covered by your policy . I would recommend you contact your insurance agent and cover the information with him/her BEFORE filing a claim , though . Depending on your homeowners insurance deductible , it may be a better option to have the repairs done yourself rather than having a claim on your insurance record .


Input: Should Renters Get Earthquake Insurance?

Output: I do not believe that earthquake insurance should be a concern for a renter . The tenant does not own the property so any damage to the structure of the building would not be insured under a renters policy . Therefore , the renter would only need to make sure they have coverage for their belongings in the residence .


Input: Why Is Life Insurance Important In Financial Planning?

Output: Financial Planning is all about understanding what it will take to meet your financial goals now and into the future looking at all possible events that are controllable and unexpected . Life Insurance is a great tool to use which provides cash liquidity for lost income , paying estate taxes , providing tax-free income and more . How do you want your family taken care of when , not if you die , especially prematurely ? Life Insurance provides a benefit for pennies on the dollar for the benefit you will get in return . The expected events include weddings , vacations , new cars or other toys , etc. . The unexpected are the market corrections that take away potential future income through retirement , health issues , kids and family support to just name a few . I hope this provides a `` nutshell '' approach to why Life Insurance is important and should be considered in Financial Planning .


Input: Why Is Life Insurance Important In Financial Planning?

Output: Why is life insurance important in financial planning ? Depending on the type you choose it provides a safety net to your portfolio and/or a completion aspect to your planning if you were to pass away . For the indivdual it falls on what 's important to them . If they have others in their lives that they care about , insurance makes great sense .


Input: Why Is Life Insurance Important In Financial Planning?

Output: Every financial planner I know urges their clients to have Whole Life Insurance . It allows you to build up cash equity , in addition to providing a death benefit later . It allows you to borrow against it , which continuing to grow . It allows you to help fund college education and retirement later on . It protects those you love , so they can maintain their standard of living . What could be a more important part of a financial plan . And it is tax free to boot ! Call me for questions . Gary Lane , Registered Representative and Agent , New York Life , 949 797 2424 . Thank you .


Input: Why Is Life Insurance Important In Financial Planning?

Output: Most financial planning involves investments that are tax deferred . Life insurance is not subject to income tax at all . Therefore , people of high wealth are using life insurance for financial planning , while persons of low wealth are using life insurance because it is the most sure way to pass money to dependents in the event of an untimely death .


Input: Why Is Life Insurance Important In Financial Planning?

Output: Why is life insurance important in financial planning ? Because it is one of the first things in building a financial plan that should be considered . It is the foundation of planning . While everything else a person can do will be exciting in comparison , life insurance provides the boring grey cement that keeps stable if the ground shakes , winds blow and rain and snow come . Life insurance is the boring part of a financial plan . . why ? cause it does what it says it 's going to do without drama ... . it will be the most predictable financial product you will own .


Input: Why Is Life Insurance Important In Financial Planning?

Output: In most situations , life insurance is passed tax free to the beneficiary , which gives it a huge advantage over many other types of savings and investments . It usually bypasses probate , making the funds more readily available . The proceeds can be paid out in a lump sum or in installments with interest . One does not have to wait until you have saved up enough money to get it . By paying regular premiums , it will pay your survivors far more than you could save up in the event of an untimely death . It is secure and -LRB- unless one borrows from it excessively -RRB- it can not be depleted until death .


Input: How Much Is Health Insurance For A Single Person?

Output: The cost of health insurance for a single person can actually be zero , if you qualify for full federal subsidies that are now available with ACA -LRB- Affordable Care Act -RRB- legislation . The tax credit is based on your household income and the Federal Poverty Level Guidelines . As an experienced health insurance broker -LRB- 33 years as one of the nation 's top-rated brokers -RRB- , our expertise , unbiased recommendations and reputable websites , help consumers find the most affordable healthcare options . Although many individuals and families qualify for subsidies , certainly not everyone is going to get `` free '' health insurance . Where you live , your age , your smoking status and the type of coverage you select , will impact the price you pay . State Exchanges -LRB- Marketplaces -RRB- offer different `` Metal '' plans that can greatly vary in cost , coverage , and out-of-pocket expenses . It 's important to have an experienced broker review the best available plans and how they best treat any pre-existing conditions you may have .


Input: How Much Is Health Insurance For A Single Person?

Output: Unfortunately there 's too many factors that go into premium pricing to say what an average plan costs . Your age is a big factor - 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 . If you 're an individual buying on or off the exchange -LRB- and not securing group coverage through an employer -RRB- , you need to consider the level plan you want . There are four metal plans : bronze , silver , gold , and platinum . 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 . There 's also a catastrophic plan , but these are only available to individuals under age 30 . If you qualify for a subsidy , the cost of your premium can be lowered as well - whether you qualify for one depends on your income . 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 .


Input: How Do You Calculate Annuities?

Output: If you are asking how to calculate the payment received by an annuity this depends on the type of annuity payout . The simplest is a period certain based on a given interest rate . This is a time value of money solve for payment given a present value of X and interest rate of Y and a future value of zero . For annuity that are based on a life -LRB- or multiple lives -RRB- you would need to know that insurance companies discounting factors for mortality given a certain life covered .


Input: Where Is The Best Place To Get Life Insurance?

Output: I recommend sitting down with an independent life insurance agent . A good agent will examine your current situation and recommend a plan that meets your goals and budget . He will be able to find the plan or combination of plans with good solid companies . A local experience agent will also be able to provide you with the service you may need as time goes on .


Input: Where Is The Best Place To Get Life Insurance?

Output: The best place to get life insurance ... ideally ... is a broker/website that offers the lowest available rates from the top-rated carriers ... and offers you expert guidance . This resource should be a full-time broker/agent that is possibly a Certified Financial Planner . Term insurance is essentially price-driven so a great website -LRB- reputable -RRB- may be a great starting point .


Input: How Much Is Car Insurance For 21 Yr Old?

Output: Age alone is not a consideration for rating an auto policy in California . Experience is the rating factor . There are several levels of inexperience and a 21 year old would probably find themselves in the latter two levels which make their premium a little less severe . Once the driver has completed eight years of driving experience they normally receive a standard rating and keep that until they are much older in which case the rating starts to increase a bit .


Input: How Much Is Car Insurance For 21 Yr Old?

Output: Car insurance rates for a 21-year old can be very affordable , if you shop the right way . It 's important to understand that many factors determine the rate , including where you live , how long you have been driving , your coverage , the vehicle , and your driving record . An experienced broker is your best resource since they can find the policy that costs the least and has the best coverage . You will save time and money . LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years , and owner of several top-rated websites that offer the lowest available rates to consumers .


Input: Where To Invest If Not Eligible For Roth IRA?

Output: The Roth IRA provides an ideal solution to many peoples retirement planning needs . Contributions are made with after tax dollars but taxation on the earnings is deferred and then forgiven upon reaching the age of 50 and a half . The plan must have been in effect for five years . These tax free dollars give the retiree tremendous leverage and flexibility . The Roth IRA is an essential part of many peoples plans . There are income restrictions that disqualify individuals and married couples filing jointly from establishing a retirement program using a Roth IRA . There is a phased out eligibility for Singles or heads of households earning between $ 60-70 ,000 annually or married couples filing jointly of $ 96,000-116 ,000 . and there are other restrictions . If a person is facing these restrictions and can not contribute to a Roth IRA there are several steps that can be taken . The first is to contact the plan administrator at their place of employment . It is a fairly simple matter to add a Roth option to existing 401 -LRB- k -RRB- and 403 -LRB- b -RRB- plans . These Roth 401 -LRB- k -RRB- and 403 -LRB- b -RRB- plans have all the benefit of a Roth IRA and the limits for participation are much higher making them ideal , particularly for highly compensated employees . The key is to determine if the persons future income tax rate will exceed the rate that is currently being charged . Many are surprised to find that when they stop paying on a mortgage and other deductible expenses that their income in retirement can be in a higher tax bracket than their current bracket . If there is not an option for a Roth 401 -LRB- k -RRB- or 403 -LRB- b -RRB- plan an alternative would be permanent life insurance . It is taxed in a similar way to the Roth IRA . The deposits are made with after tax dollars and the distribution can be free of income tax with some careful planning . The life insurance has the additional benefit of being self-completing should death interrupt the accumulation phase . Permanent life insurance comes in several styles which will match the investment options normally available to those who are interested in a Roth IRA . For the more conservative there is the totally guaranteed funding available in whole life insurance . The insurance company assumes all of the risk and steady growth is guaranteed . For the more adventuresome there are life policies in which the cash value is invested in a separate fund . This is normally administered by the insurance company but may have a better yield that the funds held in the companys general fund . There is another form where the detached cash value earns interest based upon one of several popular market indexes . These indexed universal life policies allow you to experience some of the gains of the market while often limiting the downside of the market . For those who want to experience the fluctuations and opportunities of the market there are variable life policies where the cash value is fully invested at the discretion of the policyholder . These policies have greater risk and potential rewards .


Input: When Do Immediate Annuity Payments Begin?

Output: Generally speaking the annuity payment starts within one year of making the deposit . Otherwise it is called a deferred annuity . Annuity payments come at regular intervals for the remainder of the annuitants life , unless he selects another option . This will provide a higher level of consumption and remove the risk of exhausting the capital .


Input: What Does Life Insurance Do?

Output: Life insurance pays a specified amount of benefits to an individual or individuals known as beneficiaries upon the death of a person , known as the insured . Typically , these benefits are used to pay final expenses of the deceased and any other unpaid bills -LRB- i.e. mortgage , auto loans , etc. -RRB- that they might have incurred during their life . There are different kinds of life insurance coverage . Some life insurance can be in force for a specified amount of time and then expire . Other kinds can build cash value , allow the policyowner to take out a loan against the policy or it can even become paid up and you 'll have it for the rest of your life and never have to make payments on it ever again . Premiums are the amount you 'll pay per month to have the coverage . This amount will vary based on the type of coverage you want , the amount of the benefit , the age of the insured , occupation , hobbies and so on . Term life coverage usually offers the lowest premuim . It provides coverage for a specified amount of time , usually 10 to 30 years and then it expires if the insured is still alive . If the insured does pass away during the coverage period , then benefits are paid to the beneficiary . Other coverages like whole life and universal insurance are generally more expensive , but depending on your long term goals , it may be a better option for you .


Input: What Does Life Insurance Do?

Output: In addition to what Daniel Graham posted , many newer Life Insurance policies offer living benefits as well as death benefits . Many policies have an Accelerated Death Benefit Rider . This will pay a percentage of the face amount if the insured contracts a terminal illness . This varies according to company . Some contracts also offer Long Term Care benefits and critical illness benefits . While Life Insurance was never meant to be an investment , it does create an immediate estate . If you put $ 100 into a money market for example , and you die the next day , your beneficiary would get $ 100 . If you pay a $ 100 premium on a new life policy with a face value of $ 100,000 and you die the next day , your beneficiary would get $ 100,000 . My point is that Life Insurance has a definite place in financial planning and with the living benefits many companies now offer , it is even more attractive .


Input: What Does Life Insurance Do?

Output: What life insurance does that no other financial product does is create a pool of money upon the death of the insured that does not involve a surrender or sale or expense that any other product or asset may . When there is a stated beneficiary life insurance also passes outside of probate which makes the benefit funds available within days of a death . Life insurance provides protection and security to families as it is the one thing that really can step in and help during a terrible time . It can provide temporary coverage for a momentary need . It can provide a life time of coverage and supplement retirement needs depending on what a person chooses to do with it . This will date me , but I call life insurance the `` silly putty '' of financial products because it can be stretched , twisted , pulled , transferred into just about any shape for any purpose , more than any other financial product out there . It is the Swiss army knife of financial products .


Input: What Does Life Insurance Do?

Output: What does life insurance do ? That is a great question . Auto insurance pays to repair your car , home insurance pays to repair your home , health insurance pays to repair your health . But life insurance does not pay to repair your life . Rather , life insurance pays when death occurs . It 's purpose is to `` repair '' some of the financial damage that is incurred upon the death of a loved one and/or provider . That is not all life insurance does - there are many reasons that people purchase life insurance . But it is the basic purpose .


Input: Where To Buy Short Term Disability Insurance?

Output: Most independent insurance agents and advisers have access to companies who sell disability , including short term disability insurance . But before you decide which disability insurance company to purchase , determine if your employers group benefit plan has short term disability insurance . Some of the companies to consider are Standard of Oregon , Mutual of Omaha , Mass Mutual , MetLife , etc. .


Input: What Is The Need For Health Insurance?

Output: The need for health insurance ? I will answer your question with original content that has never been posted elsewhere . You need health insurance to protect you if you suffer an illness , injury , or other medical condition that you can not pay out-of-pocket . Of course , hopefully , you will remain healthy and never have to use coverage !


Input: What Is The Need For Health Insurance?

Output: That is an excellent question ! The purpose of health insurance is two fold - to protect you now , in case of something bad happening to you , and to provide for the opportunity for check ups and preventative procedures to reduce the risk of something bad happening in the future . If you are healthy now , the preventative stuff can help keep you that way , and since the Affordable Care Act -LRB- Obamacare -RRB- makes it possible for very cheap policies , it is well worth doing . Thanks for asking !


Input: What Is The Need For Health Insurance?

Output: The idea of insurance is to protect yourself in the event of a catastrophic financial event by shifting the risk to a third party -LRB- the insurance company -RRB- . Therefore , your only financial responsibility is to pay for a monthly premium and any applicable deductibles , coinsurance , and copayments stated under your policy . In the case of health insurance , a common catastrophic event is a surgical procedure.For example , if you broke your leg and and the procedure to repair the fracture cost $ 100,000 , you would be responsible for the entire bill if you do n't have any health insurance and most people can not afford to write that check . After the procedure , you may need the aid of equipment to assist you -LRB- e.g. crutches -RRB- , some physical therapy , or medications - these expenses can add up fast too . Maternity care is a big one as well - the birth of a pre-mature baby can cost over $ 1,000,000 in expenses for his/her care and development . Maternity care is one of the essential health benefits covered under every individual health plan in marketplace . I recommend consulting with an insurance agent/broker regarding your health insurance coverage . If you 'd like some assistance , send me a message by clicking on the `` contact me '' button .


Input: What Is The Need For Health Insurance?

Output: The purpose of health insurance is to protect yourself financially in the event of a catastrophic event by shifting the risk to a third party -LRB- the insurance company -RRB- . This way you 're only paying a small amount of money and not stuck with a bill for 10s of thousands of dollars , if not 100s of thousands of dollars . Would you rather pay a small amount of the bill or take on the risk of paying the entire thing yourself ? For example , if you have a health insurance plan and broke your leg and needed to have a $ 100,000 surgical operation , you may only be responsible for a few thousand dollars of it -LRB- e.g. your deductible or coinsurance -RRB- , as opposed to being responsible for paying the entire bill yourself . How many people could afford to write a check for that amount without liquidating all of their assets ? Many health plans will provide additional benefits as well , such as coverage for preventive care , routine doctor visits , prescription drugs , etc. . I always recommend people consult with an experienced broker - we have an in-depth knowledge of a wide range of products available in the marketplace and can help you find the health plan that 's going to be most suitable to your needs and your budget . Please let me know if I can be of assistance . Thanks very much .


Input: Is Critical Illness Insurance The Same As Ppi?

Output: Critical Illness Insurance is not the same as PPI , or Payment Protection Insurance . Critical Illness Insurance pays a cash benefit to the person insured by the policy , when the insured person is diagnosed with a serious disease listed in the policy . The cash benefit can be used as the insured person wishes . PPI payments are triggered when the insured person is unable to work due to job loss . The inability to work may be due to illness or other reasons . The payments go to repay a lender who is carrying a mortgage or large loan for the insured person .


Input: Does The Medicare Levy Apply To Me?

Output: There are two , or possibly three , types of Medicare levy or surcharge that may apply . Medicare Part B will assess a surcharge on your Part B premium if your earnings exceed a threshold as determined by Congress . There is also a late enrollment penalty for Part B if you fail to sign up on a timely basis . A third kind of levy is on Part D if you do not sign up for D when you are first eligible .


Input: Can I Turn Down Medicare?

Output: Yes , you can turn down Medicare . However , with no premium for Medicare Part A , and in consideration of the valuable health care that it provides , one should give very careful consideration before turning down Part A. Part B is not needed if you are still working and receiving group health insurance , so it can be turned down and picked up later . Again , to turn it down permanently , first look hard at the benefit it provides , and the alternatives , before making that decision .


Input: What Percent Of The Us Population Has Health Insurance?

Output: That is a great question ! I read just yesterday that as a result of the Affordable Care Act -LRB- Obamacare -RRB- that the number of Americans without health insurance coverage is at the lowest that it has been in over 50 years . Almost 87 % of Americans now have coverage , and that number would be higher , but there are still 18 States that have not allowed the expanded Medicare provision in their State . There is a fierce battle in the Virginia Congress even as we speak over the inclusion of their 40,000 Seniors that would benefit from the passage of the Act there . I also read that despite the hype and hollering to the contrary , Medical and insurance prices have dropped significantly , and the number of people who have kept the insurance has been at or above the industry standard , averaging around 83 % . So I guess despite all the rhetoric , and hollering about it , most people have bought into its benefits . Thanks for asking !


Input: Will My Health Insurance Cover A Motorcycle Accident?

Output: Your health insurance policy will cover a motorcycle accident , if it is a qualified Marketplace plan in your state . Typically , ER and other major medical expenses are part of the benefit package . A deductible and/or coinsurance may apply , depending on which tier of plans you chose . Physical damage to the motorcycle -LRB- collision and comprehensive -RRB- would only be provided on a separate policy . A federal subsidy may have been available to help you pay for coverage . Open Enrollment allows you to change plans and compare all available options . Answer provided by : Ed Harris - Premier Health Insurance Broker since 1980 and owner of several top-rated consumer websites that offer the lowest available rates .


Input: Will My Health Insurance Cover A Motorcycle Accident?

Output: Yes , assuming that we are talking about normal use of a motorcycle for transportation , in that case it is no different than if you are involved in an auto accident . Your health insurance carrier will want to coordinate with any benefits you may receive for an accident under your vehicle insurance and that come sometimes lead to some frustrating back and forth between insurance companies as they argue over who pays what and when . If , you are engaging in certain types of activities with your motorcycle , especially if they are moneymaking or high risk activities you may find those activities excluded from coverage . So , if you just know you can do the Evel Kenevil jump across the Grand Canyon on national TV you had better get a special insurance policy for that kind of activity .


Input: How Can I Find Out If I Am A Life Insurance Beneficiary?

Output: To find out if you are a life insurance beneficiary , the only way I know is to ask the person who owns the policy . Unfortunately , you will not be given that information by the life insurance company unless you are the owner of the policy , so even if you know the company , it probably will not do any good to call them .


Input: Is Life Insurance On A Mortgage PPI?

Output: It can be , but often times is not . It depends on the source insuring or offering the coverage . Some plans are a payment protection only , and will pay the payments due until the entire loan schedule has been repaid . Other plans simply pay the balance of the mortgage off when death occurs .


Input: Which Are The Best Health Insurance Providers?

Output: Unfortunately , as a 30 year veteran of the health insurance industry I have to tell you there is no objective measure or rating that the consumer can refer to in attempting to answer the question `` Which Are The Best Health Insurance Providers ? '' . The herd has been thinned out considerably amongst health insurance carriers over the last 20 years and so you have your big national players life AETNA , Assurant , CIGNA , Humana , United Healthcare , WellPoint , state based Blue Cross/BlueShield plans and then more regionally based carriers like Kaiser . To be blunt , insurance carriers have become more of a commodity -LRB- some might argue public utility -RRB- these days than they would ever want to admit to . They are all copying each other and often using the same health care providers in their networks . So , while it would be incorrect to say they are all identical , the quality of care and customer service levels from the consumer 's perspective are very similar from one health insurance carrier to the next . From the health care provider 's perspective some health insurance carriers have reputations for being more aggressive in negotiating discounts and being easy or complicated to get paid by than other health insurance company 's do . But , even this can vary from state to state and change over time as health insurance carriers continually adjust to the changing environment .


Input: Can You Have Life Insurance While On Medicaid?

Output: Absolutely , you can obtain life insurance while on medicaid . Medicaid is health insurance . Health and life insurance are mutually exclusive so having one does not prevent you from having the other . In fact , life insurance is often a very prudent and savvy addition to anyone 's financial and estate planning portfolio .


Input: Can You Have Life Insurance While On Medicaid?

Output: There are no government restrictions to owning a life insurance policy while you are on Medicaid . The main thing is to be sure your monthly premiums are affordable and in your budget . It does not make since to purchase a life insurance policy that in a few months or years you can not afford . This would be a huge waste of money . Good luck .


Input: Can You Have Life Insurance While On Medicaid?

Output: While on Medicaid you can have any amount of Term Life insurance that you wish . You are allowed a final expense life insurance policy that is designated for funeral , cemetery , and other final expense needs . You are also allowed to have Whole Life Insurance , but if the cash value is above $ 1,5000 to $ 2,000 for an individual -LRB- much higher for a couple -RRB- , you may need to make some adjustments . Contact your Department of Social Services in your state for more information .


Input: How Much Car Insurance Should I Carry In Pennsylvania?

Output: Pennsylvania state minimums for car insurance are 15k/30k for Bodily Injury , 5k for Property Damage and 5k for Medical Payment . All other coverage and limits are optional . However I highly recommend Uninsured -LRB- UM -RRB- and Underinsured Motorist -LRB- UIM -RRB- coverage . This protects You if the person who hits you does n't have insurance or enough insurance to cover Your damages . With that being said , the state minimums are very low and people who only carry the minimums often find themselves short changed when it comes time to submit a claim . I do n't think any of us can get any emergency medical treatment for $ 5k these days . The average auto owner in NEPA at least , carries 100/300 BI , 100 PD , 100/300 UM and UIM -LRB- unstacked if your insuring 1 car / stacked if 2 or more -RRB- , 10k Med pay , 250 comp , 500 coll , and most of the first party benefits along with towing and rental . It really is beneficial to speak to an agent about your personal needs so that an appropriate policy can be written to shield those needs ! Go to WEBSITELINK for more information and some free quotes !


Input: How Much Car Insurance Should I Carry In Pennsylvania?

Output: Auto coverage depends on your personal financial situation . It is generally prudent to consider liability coverage that is at least $ 500,000 with a total $ 500,000 limit -LRB- a $ 1,000,000 limit would be more ideal -RRB- . Keep in mind that if you have assets in access of this amount , you risk those assets if you do not have coverage protecting the amount of those assets . Most auto insurers will cap coverage at $ 1,000,000 meaning you may need to look at an umbrella policy to further cover assets .


Input: Does Indexed Universal Life Insurance Work?

Output: Sometimes . The company controls the fees , the costs , the mortality charges . They send you a bill for it all . The cash value is used for this when the policies are funded at the correct level . The problem is when the agent shows you an illustration that has a higher than 6 % rate of return . Do n't fall for this trick . And remember there is the average return and then there is the actual returns .


Input: Does Indexed Universal Life Insurance Work?

Output: Yes , Indexed Universal Life Insurance works . If your goal is to build up cash value inside a life insurance policy that can offer financial flexibility later on , then it can work great . Universal life insurance accumulates cash inside the policy due to the success of a financial index such as the S&P 500 . Most companies give you choices of individual indexes or blends of several indexes and offer a `` floor '' of zero or 1 % . It is important to note that your money is NOT in the stock market . Interest is credited to your account if the referenced index goes up over a pre-selected length of time . Generally , insurance companies will put a cap on the amount of upside you can get because they are guaranteeing you no downside if the index goes down . Often , the caps can be 13 % - 17 % with blended index choices . Make sure you set reasonable expectations for what `` success '' is , though . Building significant cash value inside an indexed universal life insurance policy does n't happen over night . You should allow 10 to 15 years for accumulation for college education costs or a retirement income stream . And remember , even if you use the available cash build-up over the years , you still have the death benefit to pass on to your family upon your passing . As always , it is all about `` fit '' when it comes to financial products and Indexed Universal Life is no different . The design of the IUL is important and best left in the hands of an experienced , licensed financial professional .


Input: Does Indexed Universal Life Insurance Work?

Output: Your state insurance commissioner is charged with making sure the policies sold in his state work . The data upon which the policies are based is sufficient to predict that the company will be able to keep its promises . The theory is that the company will invest the cash value into investments that mirror the particular index selected . Since they rarely pay the full increase demonstrated by the index there is enough room to make sure that they can meet their obligations .


Input: Does Indexed Universal Life Insurance Work?

Output: That 's a great question ! The answer really kind of depends upon how much work you want to put into it to ensure it works . This kind of policy requires that you pay attention to its performance , and that you do your part in looking for a policy that has the best cap rate , highest participation rate , minimal surrender fees , and greatest guarantees . You will also need to be aware of your cash value , and the fees that are coming out of it . Can it work ? Yes , but this is not the type of policy that you can make minimum payments on and forget about , unless you 'd like to find out in a few years that it 's in trouble , and so are you.Especially if the market has been volatile , or taken a down turn . I hope that helps , thanks for asking !


Input: How Long Will An Insurance Company Provide A Rental Car?

Output: That can vary depending on the terms and conditions of your policy , so be sure to discuss this with your Insurance Professional and before you need it , not after . In most cases , a policy will include coverage for a specific daily dollar amount , say $ 30.00 a day and up to a maximum dollar amount or number of days . Keep in mint that maximum is a policy maximum , not the guaranteed maximum for your loss . If you have that coverage , your claim professional will work with your repair shop in order to conclude how long you may need the rental car based upon parts availability and the shop 's work schedule . If the shop can get the work done and your car returned to you in 5 days that will be the length of time approved by your claims professional . If some un foreseen event changes that plan , your claims professional can modify the benefit payment schedule . But remember , once the work is done and your car is ready to be picked up , if you choose to hang onto the rental , the daily charges moving forward will be your responsibility .


Input: How Long Will An Insurance Company Provide A Rental Car?

Output: That is a great question ! The answer will depend upon your company , and the policy restrictions . It may cover for a specified number of days , it may cover until the repairs to your vehicle are completed . A couple of years ago my car was hit , and the driver at faults insurance covered my rental car . After a week , they notified me that they were no longer going to cover the rental car , and it would be my expense . My car was n't finished , and the insurance company had not been in a hurry to see it get finished . After discussing the situation with them , they agreed to pay until my car was completed . They were n't happy , but were liable . If you would like some details on that discussion , contact me , and I 'll share them with you . Thanks for asking !


Input: How Many People Die Without Life Insurance?

Output: Sadly too many . I have seen statistics ranging from 40 % to 45 % that have no Life Insurance . Of those who do , roughly the same percentage probably do n't have enough to meet all of their family 's needs . In the type of economy in which we have been living , cost is a primary factor . Next time you are talking to your Insurance Professional , if you have Life Insurance , ask to review it and if you do n't , ask about setting up time for a discussion about how you can remedy that . Some companies offer discounts oncar and Home insurance policies for those who also have Life protection . The discounts could offset some of the premium making the purchase more affordable .


Input: How Many People Die Without Life Insurance?

Output: Unfortunately , far too many . According to a recent study , over half of Americans do not have life insurance , and of the roughly 45 % who do , most of those say they really need more . In this economy people are strapped to make ends meet , and either think that life insurance is `` just too expensive '' , or that `` I 'll just get it as soon as things get better , and I can afford it '' . Again unfortunately , neither of these are true . Please contact an agent and discuss with them your needs . I 'll be happy to help , just hit the `` contact me '' link !


Input: Can The IRS Take Life Insurance Money?

Output: There is no income tax paid on life insurance benefits , in most cases . Life insurance does not go through probate if the beneficiary of the life insurance policy is a person . If the estate is large enough , estate taxes must be paid on life insurance . So in that respect , the IRS can take life insurance money , through applicable taxes . If you are asking if the IRS can take the proceeds of a life insurance policy if the insured person passes while owing back pay to the IRS , if the beneficiary is a person , the IRS can not take the life insurance money from the beneficiary . An exception would be if the beneficiary filed jointly with the insured , or if the beneficiary owed his/her own money to the IRS .


Input: Where To Buy Credit Life Insurance?

Output: Credit life offered by the financial institution is a life insurance policy that PAYS THEM in the event of your death . However it is not only more cost effective for you to purchase your own life insurance policy to cover that debt , but it PAYS YOU . While looking into covering that debt , other debts and considerations could be addressed to ensure your total financial needs are covered and you can live every day to the fullest with the peace of mind that your loved ones will be taken care of financially and live in their hearts forever .


Input: How Much Is Car Insurance For A Bugatti?

Output: There are many factors to determine rates , from your age your credit , the year make and model of the car . Also the risk area you are in along with what state . Your driving record also would make a difference along with they liability limits and deductibles.To get an accurateanswer this information would be needed


Input: How Much Does It Cost To Add A Car To Insurance?

Output: If you are considering adding a vehicle to your policy I recommend you contact your agent or insurance provider and obtain a quote . You can discuss different coverage options that will be available to you in order to give you an informed decision as to which coverage 's you wish to purchase for your new vehicle .


Input: How Much Does It Cost To Add A Car To Insurance?

Output: There is no set cost for adding a car to your existing auto insurance policy . Many factors come into play such as the value of the car , desired coverage limits , historical claims costs for the particular vehicle , historical claims frequency of the particular car , safety and anti-theft features . A quick call into your insurance professional , preferably with the 17-digit vehicle identification number , can get you the added cost in seconds .


Input: Is Medicare Popular?

Output: That is a great question ! If you are someone who will struggle with being able to afford quality healthcare when you turn 65 , then yes , it is very popular . If you are someone who believes that each person should be financially secure enough to be able to pay for themselves , and that `` I should n't have to help pay for anyone else 's care '' , then it probably is n't . The sad fact is that according to the 2012 census data nearly 55 % of all Senior Citizens live in poverty , and without Medicare/Medicaid , we would have an awful lot less Senior Citizens . It is available to all Americans once they reach the age of 65 , and that makes it very popular . Thanks for asking !


Input: What Are Patent Annuities?

Output: Patent annuities are fees paid to the United States Patent and Trademark Office three times during 11.5 years , by owners of utility patents . By paying this maintenance fee through patent annuities , patent owners can block their patents from being copied , sold or manufactured by other parties , and from becoming intellectual property of the public .


Input: What Is The Best Health Insurance For A Single Female?

Output: Great question ! The answer can be found by asking yourself a few simple questions . The first is how healthy am I ? do I visit the Doctor only for the occasional check up , or do I have an issue that requires more frequent visits ? If you rarely need the doctor , then maybe a plan with a higher deductible , and co-pays is a cheaper and better plan . If you have more frequent needs , then look for a plan that has lower co-pays and deductibles . When the WEBSITELINK site becomes available for enrolment again , try there , and see if you qualify for help with your plan payments . If you need help , please feel free to contact me , okay ? Thanks for asking !


Input: What Is The Best Health Insurance For A Single Female?

Output: The best kind of health insurance is the kind that is best for you . There 's a difference between the most comprehensive coverage and what is most suitable -LRB- or `` best '' -RRB- for you . Two questions that are helpful in pointing you in the right direction to find the plan type that 's best for you are : 1 -RRB- do you want the most comprehensive coverage you can get or are you willing to take on a larger share of the risk/costs to keep your premiums down ? 2 -RRB- what is your budget ? maximum dollar you 're willing to spend ? Under the new Affordable Care Act , there are four main benefit levels - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . You may also want to see if group coverage is available through your employer . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or your employement was terminated , you lose the coverage . An individual plan will stay with you wherever you go . It 's always helpful to consult with an experienced broker regarding your coverage . We have in-depth knowledge of products from multiple carriers and work on a personal level with our clients and help them find the coverage that will best serve their needs . Let me know if you have any other questions . Thanks very much !


Input: What Is The Best Health Insurance For A Single Female?

Output: Assuming you are talking about individual major medical insurance purchased after January 1 , 2014 , I think it comes down to some basic questions such as ; 1 -RRB- Do I qualify for a subsidy of my health insurance if I purchase it through the government health insurance marketplace ? The answer to this question may help you determine if you wish to purchase your coverage inside or outside of the government marketplace . In many areas of the country you will have more insurance carrier options outside of the government marketplace . 2 -RRB- Affordability - with or without a subsidy , what does your personal budget allow you to spend on health insurance premiums each month ? 3 -RRB- Plan Design & Cost Sharing - you will see a bewildering array of plan designs , many of which will look quite different from what you may have seen in the past . Terms such as Bronze , Silver , Gold & Platinum will need to mean something to you as they denote some basic levels of coverage and what you might anticipate in paying out of your pocket before your insurance benefits begin to pay . Bronze plans will offer the lowest monthly premiums but they will almost universally require you to pay a substantial deductible -LRB- perhaps $ 6000 + -RRB- before anything other than preventive care is covered . The trade off for a lower monthly premium can be more than offset by paying out of pocket for doctor 's services , inpatient & outpatient services and prescriptions . You will have to make some judgment call as to what you anticipate your health care consumptionwill be and how much up front financial exposure you are willing to take . If you are dealing with a chronic medical condition like diabetes you may be better served to pay a higher monthly premium for higher level plan designs that offer copays and lower deductibles . 4 -RRB- Provider Network - are the doctors , hospitals and pharmacies you want to use in the provider network for the insurance plan you may be interested in ? This is an especially sensitive area to women and one where you really need to do your homework . If you are purchasing coverage outside of the government health insurance marketplace you can be pretty confident that the providers the carrier says are in-network really are . There has been no small amount of confusion on this issue with some of the insurance plans offered in the government health insurance marketplaces . Also , you are more likely to encounter `` skinny '' networks in the government marketplaces than outside of them . The insurance products using skinny networks will generally be among the most attractively priced but the trade off is a significantly reduced provider network and possibly an environment more centered around Physician Assistants and/or Nurse Practitioners . 5 -RRB- Prescription Formulary - this kind of goes along with the points I was making above but it deserves special attention . You should not assume that every insurance carrier or even every insurance plan option offered by the same insurance carrier will cover the specific prescription medications you use . Every carrier uses prescription formularies -LRB- lists of approved drugs -RRB- and they can vary widely in what they cover , at what level they cover it , and possibly what steps you may have to go through before a specific medication would be approved for coverage . If you are using specific prescriptions you would be wise to verify their coverage status with a potential carrier before you enroll with them . 6 -RRB- Does Your Coverage Extend Beyond Your Local Area & Does it Require a Primary Care Physician Referral in Order to Visit a Specialist ? - some plan options may be restrictive as to the geographic boundaries of your coverage and may provide little or no coverage outside of their `` service ' area . If you are the stay at home type this may not be an issue for you but if you travel a lot is may be a serious factor in your decision . Also , you should not assume that you can just go directly to any specialist -LRB- even if they are in-network -RRB- without a referral from your Primary Care Physician -LRB- PCP -RRB- first . Some plans require a referral from a PCP to access specialty care . Without such a referral in these plans you may find your claim denied or treated as an out-of-network claim . You need to determine if the health plan you are considering uses such a gatekeeper approach and decide if this is acceptable to you . If you can do all these things then you will be well positioned to find a health insurance plan that best fits your needs . If you feel you are not equipped to find the answers to all these questions on your own then you should seek out an independent insurance broker to guide you through this process .


Input: What Is The Best Health Insurance For A Single Female?

Output: The best health insurance for a female depends on many factors , including health , income , where you live , and the types of available policies . Instead of adding another six paragraphs , I 'll make it simple - Use an experienced broker . You 'll save time , money and frustration . We do n't charge any fees and we simplify the process so you can easily compare the most affordable options . See . That was n't so difficult . As a broker with 33 years of experience , providing solutions is what we do best .


Input: Does Life Insurance Go To The Estate?

Output: Life insurance proceeds do not go to the estate unless the beneficiary chosen on the policy is the estate , or if the beneficiary is a minor and unable to legally receive the proceeds , or several other circumstances . Life insurance that is left to a person or trust will bypass probate and avoid income tax . However , the value of life insurance owned by the deceased , and left to anything but an irrevocable life insurance trust , is counted in the value of the estate for estate tax purposes .


Input: Can I Cash In A Life Insurance Policy?

Output: If the policy is a Whole Life or Universal Life that has cash value in it then the answer is yes , you can cash the policy in for the accrued surrender value . You can also take a loan on the policy which is a better option in most cases . Remember it is not always to your advantage to surrender a life policy .


Input: How Are Annuities Taxed On Death?

Output: Annuities in qualified plans are tax as ordinary income at the effective tax bracket rate of the plan participant and may be subject to estate taxes as well . Non-qualified tax deferred annuities are also taxed as ordinary income at the effective tax bracket rate of the annuity policy owner and may be subject to estate taxes .


Input: How Often Do You Pay Insurance For A Car?

Output: A typical auto insurance policy term is either six months or one year . Many carriers offer several payment options for their clients . Payment terms may include monthly , quarterly , semi-annually , or annually in many cases . Be aware that carriers will many times offer discounts if you pay your premium electronically -LRB- through automatic bank draft -RRB- or by paying for the full term of the policy upfront . Contact your local agent to find out about the payment terms available with your current carrier .


Input: Is Universal Life Insurance A Good Idea?

Output: Universal life , like any financial product should be proved suitable for the potential client . There are several reasons why universal life -LRB- UL -RRB- insurance could be right for you . To make sure , you need to create a financial profile that establishes your risk tolerance and confirms your economic goals . Universal life insurance has four policy types : guaranteed UL for indemnification and three current assumption ULs for income based on crediting options like interest rates , indices and separate subaccount using equities and bonds investments .


Input: Is Universal Life Insurance A Good Idea?

Output: Universal Life is an excellent option provided it is properly funded . Because of the nature of the products flexible premium feature , a Universal Life Policy can be sold at a premium not designed to keep the policy in force for the persons lifetime without having to increase the amount of money a person needs to put in to keep the policy in force .


Input: Is My Girlfriend Covered By My Car Insurance?

Output: If you have given your girlfriend permission to use your vehicle then your auto insurance would more than likely provide coverage in the event of an accident . Please remember every policy is different . Read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: When Will I Be Ready To Retire?

Output: Many consider an arbitrary age , such as 65 , as the time when they must retire . The better question is , when will I be ready to retire ? Planning towards that date makes better sense . Almost 40 % report that they started retirement at a date that they did not choose . This makes early planning very important . There is quantitative data that will be necessary to start this process . You should prepare a current financial statement so that you can identify your assets and your liabilities . A cash flow statement would show both your current income and spending habits . That would give you a good indication about your spending in retirement . It would also help you decide if your retirement objectives are realistic . You might be living on a modest income , but planning to retire in luxury . That might be difficult to accomplish . When you are looking at debt you need to identify those debts that will remain into your retirement . On the asset side you need to determine how much of those assets will be available once you retire . You probably have some assets that you dont think about such as cash value life insurance , the equity in your home , another home , or collections . Armed with this information you should seek professional help . If you are uncomfortable with that a visit to the local library will probably locate books that can help you evaluate things for yourself . If you do talk to a professional expect questions about your family , hobbies , organizations and other things that interest you . The next step , taken either alone or with a professional , is to identify and prioritize your retirement goals . It is often difficult to visualize what life will be like once you retire . You should , however , identify what activities you want to do when you retire . If you want to do wood working or golf or travel , these things have costs and need to be identified . Some activities that you enjoy today might be difficult when you retire . Many people want to leave a legacy . If you can establish now what you want to leave to charity or to your family that would be most helpful . If these can be funded early in the process it frees you to make decisions about your spending without worrying about conserving capital for a legacy . The three most pressing issues for most people are providing for a retirement that lasts longer than they anticipate , providing for their surviving spouse and the potential expense of long-term care . These concerns play an important role in your retirement plan and may even affect the date that you start retirement . Your cash flow statement should show what you are spending now . Those expenses will change somewhat and it is important to make those adjustments . Identify which expenses are absolutely necessary and which are discretionary . The way that you provide for basic expenses will be different from the way that you provide for your discretionary expenses . Remember that expenses are not going to remain constant over retirement . Inflation is a problem in retirement that results in increased expenses when the income is probably remaining the same . At the same time , with age comes reduced capability to engage in some activities and that might lower the cost of retirement . The next step is to identify the sources of retirement income . For most there will be social security . For a surprising number social security provides most or all of their retirement income . Perhaps you are fortunate and have a pension plan . Perhaps you have saved money for retirement in qualified or non-qualified plans . Armed with this information you can start to formulate a plan that will take you through retirement and help you meet your objectives .


Input: Does Aaa Have Disability Insurance?

Output: No , AAA does not have Disability Insurance . To find a quote for individual disability insurance , you can visit a disability insurance broker or locate a brokerage like that on the internet . Some Life and Health agencies carry a number of Disability insurance policies , as well .


Input: Approximately How Much Is Homeowners Insurance?

Output: If you have a small house in a low hazard area the premium is low . If you have a small house in a high hazard area the premium is high . If you have a mid size home in a low hazard area the premium is moderate . If you have a mid size home in a high hazard area the premium is higher then the small house . If you have a large house in a low hazard area the premium is high . If you have a large house in a high hazard area I hope you have a good income . Without details there is no way to guess at a rate for any home in any given area .


Input: Can You Borrow Against A 403 B Retirement Plan?

Output: 403 -LRB- b -RRB- s allow borrowing , but the plan provider may not allow plan participants to access their retirement funds via loans . Those plans that permit borrowing may charge for the loan , require a loan repayment schedule and may restrict transfers to another qualified plan , if the loans are not paid off .


Input: Can You Cash In A Term Life Insurance Policy?

Output: You can not usually cash in a Term Life Insurance policy because Term Life does not have any cash value . The exception is ROP -LRB- Return of Premium -RRB- Term . About halfway through the term , it would give you back some of the premiums you paid in , if you were to drop the policy . If you are alive at the end of the term and the policy is still active , you can get back up to the total amount of premiums you paid in .


Input: Can You Cash In A Term Life Insurance Policy?

Output: Term policies are written for a specified amount of time in years like 10 , 15 , 25 , and 30 . These are terms in time . Unlike whole life policies they do not accumulate cash value . The younger the age of the applicant the better the lower will be the rates . Which will change at the end of each term .


Input: Can You Cash In A Term Life Insurance Policy?

Output: Horace Mann Life Insurance Company writes a cash value term -LRB- CVT -RRB- policy . Normal term policies do not build any cash value and the cost can become prohibitive if coverage is still needed after the policy term . The CVT policy allows you to receive the cash value if you no longer need the coverage . It can also be used to buy paid-up term insurance to 95 or continue coverage past the term with reduced rates .


Input: What does final expense mean in life insurance?

Output: Final expense is a common term that simply refers to life insurance people buy to cover their burial expenses and other small final debts . These are whole life insurance policies that are typically $ 25,000 or less in the policy 's face amount of coverage . There are no medical exams for them . The responses to the yes/no health questions , a prescription check , and a phone interview with the carrier -LRB- required by most companies , but not all -RRB- are the primary underwriting criteria that the carriers look at . If you 're someone who can not buy a final expense policy due to your health conditions , you always have the option to buy a guaranteed issue whole life policy - these are another type of final expense policies as they feature a maximum $ 25,000 face amount , except they feature a 2-yr graded period -LRB- if death occurs in the first 2 years of the policy , the carrier returns the premiums paid instead of paying out the death benefit , unless death occurs by accidental means -RRB- . The advantage with these are that they do not ask a single health question . In short , it 's pick and choose . Please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: What does final expense mean in life insurance?

Output: `` Final Expense '' is that portion or niche that is designed for the lower end of the market , usually up to $ 25,000 with some carriers now going somewhat higher in death benefit . Be careful when making a purchase of this type that you have heard about all the choices that are available . In this market in particular , it 's buyer beware .


Input: What does final expense mean in life insurance?

Output: That is a great question ! It is just another name for life insurance , one designed to create a concern over your mortality . In earlier years , -LRB- and in some areas still is -RRB- it was marketed as burial insurance , when pitched to lower income families who needed help with the funeral expenses of their loved ones . There is n't a whole lot of glamour or flash when it comes to insurance , so if there is a way to grab your attention and get you to buy , believe me someone will try it . It is a solid insurance ; typically more forgiving on health issues , and generally for amounts that are enough to cover funeral expenses , often with a little left over . Hope that helps , thanks for asking !


Input: What does final expense mean in life insurance?

Output: Final Expense is , as you might expect , to take care of someone 's final expenses . Their funeral , and related matters . These are the smaller life insurance policies , with the lowest rates , and frequently guaranteed issuance , regardless of health . Every family should at least have one of these , so the survivors are not left to struggle with those `` final expenses '' . Thank you . GARY LANE .


Input: What does final expense mean in life insurance?

Output: Final expense life insurance is a policy that can be used to pay off bills at the end of one 's life . Because life insurance does not have to go through probate , the beneficiary will receive a check fairly quickly . It can be used to pay the funeral , cemetery costs , credit card debt , cost of putting a house on the market , garage sale or auction , even transportation for out of state family members to return home .


Input: What Are The Pros And Cons Of Variable Life Insurance?

Output: Very simply , Variable products are tied to the stock market and thus are exposed to risk . Just as is the case when a person invests in the stock market or any other vehicles tied to the market there is the chance that there may be gains , and there is the possibility that there will be losses . The biggest `` pro '' is that the death benefit is guaranteed and will not be lost no matter how poorly the market performs .


Input: What Are The Pros And Cons Of Variable Life Insurance?

Output: Risk and Return possibilities . Or visa versa . What I will do is list my thoughts on Variable life and you can decide if it 's a pro or a con to having a VUL . Requires consistent steady review by insured . Requires rebalancing over time . Requires the insured to make investment choices and live with the results . Requires the insured to have financial knowledge about mutual funds . Requires the insured to have an understanding of financial risk . So depending about how you feel about the requirements as they can be either pro or con , depending on the individual , should determine how you feel about a VUL as a choice . While it is easy to reference `` potential for greater returns '' that does n't say anything about how to get greater returns , those requirements listed put you on track for greater returns , but that said , it does n't guarantee greater returns .


Input: Can I Add My Fiance To My Health Insurance In Georgia?

Output: Georgia law does not require health insurance companies to allow someone to join an insurance policy just because they intend to get married . However , your finance can purchase a policy on his or her own , and you could help pay the premiums if you would like . Ultimately , in the vast majority of cases , the cost of her coverage would the same whether she was added to your policy or if you purchased the exact same plan for her individually . In that regard , there really would not be any advantage at all to adding your finance to your current policy .


Input: Can Auto Insurance Be A Tax Deduction?

Output: Insurance for a car that is driven for personal reasons can not be deducted . If the car is used for business purposes a portion of the premium can be deducted . It is possible that other situations exist such as a car used for charitable purposes but in general , the premium is not deductible .


Input: What Is Disability Insurance Benefits?

Output: Disability Insurance benefits can be paid through a group Disability Insurance policy , through a State Disability Insurance policy , through a private Disability Insurance policy , or through Social Security Disability . The benefits are the payment that you get if you are disabled longer than the elimination period of your policy . The benefits are paid regularly , as you would be paid a paycheck , if you were still working .


Input: Can Old People Get Life Insurance?

Output: Yes , elderly people can get life insurance . If they have moderately good health , it is possible to purchase life insurance up to age 90 . For a small , final expense policy that does not require an exam , the oldest age at which that type of policy is offered -LRB- to my knowledge -RRB- is age 85 .


Input: Will Medicare Pay For Motorized Wheelchair?

Output: Medicare will pay for a motorized wheelchair if the wheelchair is medically necessary , as determined by a face to face evaluation . The person using the motorized chair must be able to use it safely , must be unable to do one or more ADL 's without it , and their home must accommodate it . Finally , Medicare will pay for the motorized wheelchair only if less costly devices will not work to accomplish that need .


Input: Does GINA Apply To Life Insurance?

Output: GINA only covers Health Insurance , not Life Insurance . So if you have undergone genetic testing and it is in your Medical Records , then the Life Insurance Company is legally able to take that into consideration when underwriting your policy . However , Life Insurance Companies each treat a certain conditions differently . So one company might not think something is a big deal while another might .


Input: How Much Long Term Care Insurance Should You Buy?

Output: The # 1 risk to retirement is longevity risk . That risk impacts retirement income and can increase the probability of using long term care for assisted living and/or nursing home confinement . An average 60 year old male non smoker may pay $ 300 a month for $ 7,000 a month for five years .


Input: Can Everyone Get Health Insurance?

Output: Can everyone get health insurance ? Well , soon we will find out in 2014 . The quesiton will be can we afford it ? Prior to Obamacare , health insurance was the domain of states to set the rules for insurance . Some states have very good consumer oriented insurance laws and others really do n't . I live in a state where anybody who wants health insurance can get it , granted you still have to pay for it , but you can get coverage . My state actually adopted the Clinton Plan and fixed it to where it works and works well . Obamacare will have a lesser impact in my state than others , because we already were doing many of the things in Obamacare .


Input: Can I Put My Car Insurance In Someone Else's Name?

Output: Generally speaking , if you own your car and it is registered to you in your home staate , then the answer is probably no , you can not . Most states require proof of liability insurance in order to register a car and the name onthe policy needs to match the registration records for that car .


Input: Can I Put My Car Insurance In Someone Else's Name?

Output: With Property and Casualty Insurance an insurable interest must exist at the time of loss . Therefore if you have a car insured in someones name that does not own the car , therefore no insurable interest , the insurance company will most likely not pay the claim . Also , it would be difficult to even buy the insurance in the first place as most carriers pull what is called a C.L.U.E. report and would see that the owner is different then the named insured . Bottom line it is not the right thing to do and could cause you a lot of issues , even if you got away with it at first .


Input: What Is Coverage A In Home Insurance?

Output: `` Coverage A '' in a Homeowners ' policy refers tocoverage on your Dwelling , in other words , the house itself.Typically , you will find this defined and explained in Section 1of your Homeowners `` Policy Jacket '' which is the detailed document that , along with your policy `` Declaration '' comprise the primary parts of your Homeowners ' policy .


Input: How Will The Government Know If I Have Health Insurance?

Output: You must have health insurance starting 1/1/2014 . When you buyit , the carrier will reportyour purchaseto the federal government . If you do n't buy , then nothing will be reported which means you do n't have it . If you 're eligible for a subsidy , your application goes from the carrier to the IRS , HHS -LRB- Health & Human Services -RRB- and the Department of Homeland Security . The IRS is hiring16 ,500 new agents as a result of the Affordable Care Act . Bottom line - they 'll know .


Input: How Do I Drop Part B Medicare?

Output: If you were enrolled in Medicare Part A and B automatically when you turned age 65 , there will be a card in your packet that you can send back as instructed on the card . This will disenroll your from Part B Medicare . If you signed up for Medicare through Social Security , or if you have had part B for some time and now want to drop it , contact Social Security to drop Medicare Part B .


Input: Is Cialis Covered By Medicare Part D?

Output: Cialis is not covered by Medicare Part D prescription drug coverage . All ED drugs -LRB- Levitra , Cialis , Viagra , etc -RRB- are excluded from Medicare drug formularies . Some organizations and companies offer drug discount cards that can be used to help cut the costs of purchasing erectile dysfunction drugs such as Cialis .


Input: How Much Is Homeowners Insurance For An Apartment?

Output: That is an excellent question ! My advice for you is to find an independent agent -LRB- one who is n't tied to a particular brand -RRB- an have them look at several policies for you . They can look for one that gets you the coverage and price that you want . Saves you the footwork ! Thanks for asking !


Input: How Much Is Homeowners Insurance For An Apartment?

Output: There is a special homeowners form for renters . Since the building itself isnt yours , you only need property coverage on your personal property . As a result the premium is modest . Discuss this with your insurance agent . The agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . His job is to help you select appropriate limits and that is the key to settling a claim should one happen .


Input: Why Bother With Life Insurance?

Output: Everyone will always have a need for some amount of life insurance for some length of time . There really is n't any type of person that does n't need life insurance . Many people never think about all the uses for it or the needs that should actually have covered that are n't . Commonly , you 'll likely have a mortgage for a house , loans for cars , credit card debt , medical bills , burial expenses , etc. , that you would like to have paid off in the event of your death so your family does n't suffer financially due to the lost income . Another common use is income replacement -LRB- this is a common one that most people do n't think about -RRB- so your family can maintain their current lifestyle rather than having to make dramatic changes.Many people may buy a life insurance policy for estate planning purposes so they can transfer assets at the lowest possible cost.In short , regardless of where you are in life , you will always have a need for some form of coverage . I hope the input helps - please feel free to contact me with any other questions . Thanks very much .


Input: Why Bother With Life Insurance?

Output: I am not sure life insurance is a bother . You should purchase life insurance if you have a loved one in your life that depends on your income , would be saddled with your debt or would be responsible for your final expenses , i.e. funeral if you died today . If these statements are not true , then do n't bother with life insurance on a personal level . However , if you are in a business partnership or key to a business success then perhaps you need life insurance known as buy/sell insurance or key man insurance . This is if the business would suffer without you or your partner or a key employee . If these aspects do n't exist , then perhaps you should not bother with life insurance at all .


Input: Why Bother With Life Insurance?

Output: You dont have to bother if you dont have to . At least in this country for the time being , life insurance is not something that the government forces us to buy . And I hope the day never comes , because it would really mess up the life insurance marketplace . So the purchase of life insurance is voluntary . Who , then , should buy it ? If you are a billionaire , should you buy life insurance ? Sure you should . Lets suppose your estate would owe the government $ 100 million in taxes when you die . To pay this fee , your heirs might have to liquidate a bunch of businesses and buildings and other assets . They would then pay the bill dollar for dollar . Or , you could buy life insurance and pay the bill for pennies on the dollar . And keep all your assets intact as an inheritance for your heirs . Not only that : lets suppose you started a foundation to eliminate world hunger or some other noble cause . Lets suppose you wanted to leave the charity $ 100 million as a gift when you died . If you bought a life insurance policy and left that to the charity , you would only have to pay a few cents in premium for every dollar a benefit . You would have that much more money left over for other good causes . A very good use of your money . Now , lets suppose youre not a billionaire . Should you buy life insurance ? Heres the question : do you have a more economical way to take care of your family ? They have become dependent upon you . Why force them to reduce their standard of living when you die ? You could start putting money away into a fund . But what happens if you tragically died next year ? Would you have really accumulated enough money to let them live their lives ? Life insurance would provide them with all the money they need as soon as it is needed . No other financial product comes to the rescue like that . Why not die looking like a hero , as someone who cared and took measures to provide for his love ones ?


Input: Why Bother With Life Insurance?

Output: Gee whiz . If you have no family , no friends , no religious affiliation , no one you really care about and no one you would like to help , and no one you can trust to bury you , then you probably do not need to bother with life insurance . Otherwise , if you have at least one of the above , there is your reason to have life insurance . Thank you . GARY LANE .


Input: Why Bother With Life Insurance?

Output: If you bring home a paycheck to someone besides yourself , someone would be impacted by your death . Life insurance helps them have some time to get back on their feet , and not have to further intensify their pain with financial worries . If you are single , someone will need to take care of your final arrangements and settle your estate . Life insurance provides quick money so that no one has to pay out of pocket at a sorrowful and stressful time .


Input: Will Renters Insurance Cover Broken Window?

Output: Depends on the reason for the broken window.Typical renters policies will cover vandalism or a rock thrown from your lawnmower . If the broken window is on someone else `` s property then there maybe an issue with coverage . The situation becomes , how expensive is the window compared to your deductible ? The lowest deductibles are usually $ 250 - $ 500 and unless you broke a good size window , it will be cheaper to pay out of pocket .


Input: How Much Voluntary Life Insurance?

Output: If you 're asking how much payroll-deducted life insurance should you purchase above your free group term , there are a few considerations to think about . First , be sure you understand what happens to the coverage if you leave your employer . Most of these plans are not portable , and they terminate when you leave the company . For that reason , I would not look to these plans as a replacement for personally owned life insurance outside of your employer . The other issue is that contrary to conventional wisdom , payroll deducted life insurance may not be lower in cost than buying outside of work . Many of these companies who issue the coverage use a less stringent underwriting process , which may be a good thing if you are not insurable at the best rate classes . However , if you are in very good health , you will likely pay less for individual coverage than through payroll deduction . There 's also the term conversion benefit on personally owned coverage that you may not have on the voluntary policy .


Input: Is There A Penalty For Switching Auto Insurance?

Output: There is no penalty I 'm aware of for `` switching '' insurers but there are often penalties for terminating an insurance policy prior to its expiration date . The `` penalty '' is often 5-10 % of the unearned premium . The unearned premium is the amount the insurance company would have charged you for the coverage from the date you are cancelling to the date coverage would have normally expired . If you are `` switching '' insurers to achieve a significant premium savings or better coverage , the `` penalty '' should not be a major reason for delaying that decision .


Input: How Much Does Car Insurance Go Up After A Wreck?

Output: That is going to depend on your carrier and other factors , such as your past claims history . Every carrier sets their own standards on how an accident will affect the rates of a client . Depending on the dollar amount and types of claims that come of the accident your auto insurance rate may not change .


Input: How Good Is Federal Long Term Care Insurance?

Output: Federal long term care insurance is popular , fairly affordable and provides very competitive benefits compared to private market plans . The provided link : WEBSITELINK will give you specific rates , detailed information and information on how to apply for coverage if you meet eligibility requirements . Good luck !


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

Output: If the life insurance policy has been if force over two years , then on presentation of the claim form and proof of death the claim will be paid promptly . If the policy is under two years , it is within the contestability period to ensure all is in order . The cause of death will be examined and it could take a little longer to receive the claim . 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 Long Does It Take For A Life Insurance Claim To Be Paid?

Output: When an insured dies , the beneficiary making the claim on the policy will need to send in a completed claim form and a copy of the death certificate -LRB- some carriers may have an additional form - varies by carrier -RRB- . Once these items are received by the carrier , they will pay out the claim to the beneficiary . Typically the process can be completed within 2-3 weeks . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .