Input: How Long Does It Take To Borrow Against Life Insurance?

Output: I think you mean : how long does it take to get the money when you borrow against a life insurance policy ? If this is the question the answer , generally speaking , is a few days up to a week tops . For those who need the money immediately , arrangements can be made by the insurer to overnight a check to the policy holder . Some carriers can transfer the money very quickly by EFT , but this is somewhat rare .


Input: Will Homeowners Insurance Cover Roof Leak?

Output: Any damage to the residence caused by one of the named perils is covered . When the incident is sudden it is generally assumed to be covered . If it is a long term , slow leak there might be some concerns about proper maintenance . Recovery on the roof itself will probably be restricted to actual cash value at the time of loss . This restriction is frequently in an amendment to the policy . The damage to the interior is treated in accordance with policy provisions .


Input: Will Homeowners Insurance Cover Roof Leak?

Output: Perhaps it will yes , but it is a good idea to talk with your Insurance Professional about the specific terms and conditions of your policy . Generally speaking if you suffer water damage in your home as a result of a roof leak caused by wind driven rain or if a tree falls on it and breaks through during a storm , or due to winter ice damming to use three examples , then you would more than likely have coverage subject to your policy deductible .


Input: Will Homeowners Insurance Cover Roof Leak?

Output: That is a great question ! The best answer is to contact your insurance agent , and have them explain to you in detail what is , and is not covered , and to what extent . There are some things that they will cover , and some that they cover when clauses are added , so it 's important to know for sure . In most cases , it should be . Thanks for asking !


Input: Does Nationwide Have Life Insurance?

Output: Nationwide does offer life insurance , however , they 're known primarily for their property and casualty insurance . A common question we see from persons with their auto insurance , home insurance , etc. from a propertly and casualty insurance company who are looking for life insurance is `` do I get any discounts for having my life insurance through them as well ? '' - the answer is NO . Carriers can not discount their life insurance rates under the guise of a multi-policy discount like they may with auto insurance and home insurance . Life insurance is a different marketplace from property and casualty insurance . If you 're looking for life insurance coverage , you should consult with an experienced independent life insurance broker who can shop the case for you among a large number of places to determine which carrier will be able to offer you the lowest rates for the desired coverage . Please note , the most important factor when looking for life insurance is the RISK CLASSIFICATION that you qualify for - the risk classification determines the premiums for the program . Without knowing the details of your medical history , any quotes any agent provides are pretty much just guestimates and are for the most part , meaningless . Each carrier has different underwriting so you may be looking at preferred with one carrier , and standard with another - the result being one carrier offering the coverage at a lower price than others . At the same time , you do n't want to apply to multiple companies at the same time as this works against you - it 's basically a sort of red flag to insurance companies . You want to try to get it right the first time which is where a broker comes in handy because they can shop it for you with the medical history and get you in the right direction - brokers also do n't charge fees for their services so it can only help you . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Does Nationwide Have Life Insurance?

Output: Having represented Nationwide for nearly 30 years here in Connecticut , I can tell you that we do indeed offer Life Insurance solutions . Nationwide has a wide array of Life Insurance products that are designed to meet almost every need and purpose for families and businesses . The Company 's financials are extremely good and ranked very well in the industry so you can feel very confident that a Life Insurance solution that you purchase today will be serviced well by your Nationwide Professional and will be there to meet your loved one 's needs when it it necessary .


Input: Does Nationwide Have Life Insurance?

Output: Yes , even though Nationwide is primarily known as a property and casualty insurance company they do have a life insurance division along with investment companies and banks . However it is always wise to shop around for life insurance and not just purchasing the first one that you find . I recommend using an independent experienced agent to shop multiple companies to find the best product at the best price on the market .


Input: Does Cigna Health Insurance Cover Abortions?

Output: Cigna health insurance does not cover an abortion . Cigna offers many different types of coverage , including individual and family , small-business , self-employed , student and short-term plans . But like most carriers , elective abortions are not covered.In the event of a medical emergency , it is possible that benefits may be different . Reviewing your policy with an experienced broker will help you if that applies to you . We 'll help you find suitable coverage by shopping all of the available plans in your area .


Input: When Can I Add Medicare Part B?

Output: You are automatically enrolled in Medicare Part B at the same time that you are enrolled in Medicare Part A if you are receiving Social Security benefits at age 65 , you are under age 65 and have been disabled for two years , or you have ALS . If you do n't want Part B at that time , you can send in a card indicating that you do not want Part B. To sign up for it later on you should enroll during a special enrollment period to save money . Call Social Security at 1-800-772-1213 to find out if you are eligible for a special enrollment period . If not , you will need to wait until the general enrollment period Jan1 to Mar 31 , 2014 .


Input: How Much Should Life Insurance Cost?

Output: In order to see what a competitive life insurance policy would cost for you , you can go to any number of websites that offer instant life insurance quotes and put in your date of birth , height , weight , and whether you use tobacco . Unless the website also asks about health conditions , it will only show the rates for people with excellent health , and these may be much lower than what you need to pay . But it does give you an idea what life insurance should cost for a segment of the population .


Input: How Much Should Life Insurance Cost?

Output: The premiums charged for life insurance are regulated by the state insurance commissioner in most states . Although rates may vary a bit , they are all based upon the same basic information . If you are dealing with a life insurance agent representing a reputable company you can be sure that the policy will pay the death benefit and that is the reason that you buy life insurance . If the policy ends in a death claim it is almost sure to have cost much less than the death benefit .


Input: How Much Should Life Insurance Cost?

Output: That 's too vague of a question . It depends on many factors . It mainly depends on how much death benefit you want and how likely you are to die while the policy is covering you . If you are a healthy 25-year old and want 20-year term it 's going to be cheap . You can get millions of dollars of coverage for very little premium . Because if you do n't die before age 45 you wo n't have cost the insurance company anything . It 's pure profit for them . If you are an 80-year old with a history of heart attacks and a cancer survivor , it will cost much more than that for a $ 10,000 burial whole-life policy . But that 's because the burial policy is going to COST the insurance company money . They are certainly going to have to pay a claim on that one .


Input: How Much Should Life Insurance Cost?

Output: The cost of life insurance varies withmanydata points to consider . Life insurance is a mortality product for protecting financial liabilities for the surviving family members , business associates and charitable organizations that depend on your benevolent giving . The premium price tag depends on whether you purchase term or permanent life insurance . It also factors in you personal information like gender , age , smoking status , health history , and current medical condition . It also takes into consideration your behaviors like recreational activity , vocation hazards and motor vehicle violations . All these items weighed carefully in the determination of the premium price you 'll pay for life insurance .


Input: How Much Should Life Insurance Cost?

Output: There really is no price tag that one can say life insurance should cost . The cost of life insurance is dependent on far too many factors to be able to do that . It is a little like going out to buy a car . Without taking into consideration the year , the model , the bells and whistles , and the condition of the car , it is impossible to state the price it should cost .


Input: How Much Should Life Insurance Cost?

Output: That is a great question ! The answer really depends upon you , and what you want the policy to do for you . Life insurance can cost less than $ 10 a month if purchased as a child , or several hundred dollars a month for large face values , or if you have health issues . Without more specific information about you , it is impossible to give you even a ballpark figure . If you would like to contact me , I 'd be happy to go over this with you , and give you a better idea . Thanks for asking !


Input: What Type Of Trust Is A Life Insurance Trust?

Output: Generally , life insurance may be a great solution , but owning it inside your estate may exacerbate estate taxes . One option is to create an irrevocable life insurance trust -LRB- ILIT -RRB- and have the ILIT own the life insurance policy from the start . The ILIT will collect the death proceeds and distribute the proceeds to the trust beneficiaries .


Input: What Type Of Trust Is A Life Insurance Trust?

Output: The type of trust that is referred to as a life insurance trust is called an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- . The owner of the life insurance must be the trust , so it is important to get the ILIT set up correctly . Not all trusts that are used for life insurance are Irrevocable Life Insurance Trusts . But that is the one most people are referring to when they talk about a life insurance trust .


Input: Will My Health Insurance Cover My Pregnant Daughter?

Output: If your daughter had health insurance at least a year before she got pregnant them yes , it will be covered . Read the fine print on the policy.If she tries to get insurance after discovering she was pregnant , then it is considered a pre-existing condition and she wo n't be covered unless there is a complication during labor .


Input: How Much Should Long Term Disability Insurance Cost?

Output: The cost of a long term disability policy will vary based on quite a few factors . Here are a few : 1 . The amount of monthly benefit you select . The higher the benefit , the higher the cost . 2 . Your specific occupation . The more hazardous your occupation , the more the insurance company will charge for the coverage . 3 . The riders you choose . Disability contracts have `` riders '' which are additional options and features that can be added to your policy . An example would be Future Purchase Option -LRB- FPO -RRB- which is the ability to buy more benefit as your income goes up without having to through medical underwriting . 4 . Your age and health . Disability insurance is more expensive the older you are . If you have health concerns , a disability carrier could charge an additional amount or decide to exclude a specific health issue in your policy . 5 . Tobacco usage . Smokers pay a higher premium .


Input: How Can I Get Health Insurance In Maine?

Output: Your first step is to go onto the Federal exchange website to get your `` obamacare '' prices . If you have issues accessing it , you can use the websites of the 2 companies that are on it : Anthem or MCHO -LRB- www.maineoptions.org -RRB- . Depending on your income , you could qualify for a nice credit that will bring the plan prices way down for you . If you receive little or no credit , you may want to consider a health plan off the exchange , and I have a nice one for you if that 's the case .


Input: Can Creditors Come After Life Insurance?

Output: In Canada , products issued by a life insurance company , life insurance , annuities , investment funds -LRB- segregated fund , variable annuities -RRB- are afforded creditor protection if : The beneficiary is in the preferred class : spouse , child , grandchild or parent of the life insured or The beneficiary is irrevocable beneficiary . -LRB- No changes to contract can be made without written permission of an irrevocable beneficiary -RRB- Protection is in cases of unforeseen bankruptcy . Since there are circumstances where creditor protection may not apply , it is recommended that you consult a legal advisor to find out if you are eligible for this protection . When the death when received is an asset of the beneficiary and is protected from the creditors of the policy owner . No protection if the beneficiary is the policy owners 's estate . 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: Can Creditors Come After Life Insurance?

Output: One of the beautiful advantages of life insurance is that it is a protected asset . Unless you 've put your life insurance cash value up as collateral , no one can touch it except the owner . Your cash value is also protected from taxation . And the benefit is paid to your beneficiary without being taxed and it can not be attached by creditors - either yours or theirs .


Input: Does Health Insurance Cover Breast Pump?

Output: Under the new Affordable Care Act provisions , equipment for breast-feeding is often covered . But mechanical equipment coverage seems a bit murky . It may be best to contact your current insurer and describe the type of breast pump you have . They should be able to advise you if it is covered . Breast ... , I mean , best of luck to you .


Input: How Much Renters Insurance Do I Need?

Output: What can you lose ? The easy part is to figure out what personal property is located in the rental unit . How much will it cost to replace it ? Dont forget clothes . The second part is more difficult . You can be sued for bodily injury and property damage that happens in your unit . How much would it take to pay that bill ? Those are the two major determinants of the price of a tenants policy . A competent insurance agent will walk you through these questions and then make a recommendation .


Input: Can I Add My Girlfriend To My Car Insurance?

Output: Insurance follows the car . You can add any member of your household to your policy . You can loan your car to anyone you please . If your girlfriend did n't live with you and was in an accident while operating your car with your permission , she would be covered to the limits of your policy .


Input: Can I Add My Girlfriend To My Car Insurance?

Output: Some carriers will allow you to add your girlfriend to your auto insurance policy provided that she lives at the same address as you . Contact your local agent to find out more details about coverage availability and pricing within your geographic area . Some carriers may require each of you to have your own auto policies if you are not married .


Input: Is Medicare Different From Medicaid?

Output: Medicare is a federally run health insurance program for persons who are older , those who have been determined disabled by Medicare , or have end stage renal disease . Medicaid is a state run program to help pay health care costs for persons and families who have limited income and resources .


Input: How Long Can You Be On Medicare?

Output: If you are 65 or older , and have qualified for Medicare based on residency and tenure in the Social Security system , you can remain on Medicare for life unless you opt out . If you are under 65 and on Medicare due to a disability that qualifies under Social Security , you continue on Medicare as long as you are disabled .


Input: Does Life Insurance Pay Off Debt?

Output: Life insurance pays thebeneficiaryof the policy . Thebeneficiarycan use the death benefitproceeds in any way they deem fit . If debt is cumbersome to the family or business , the proceeds can be used to pay debt down or eliminate it all together . The largest debt is generally a home mortgage . Manybeneficiariesretire theirmortgage from lifeinsuranceproceeds .


Input: Does Life Insurance Pay Off Debt?

Output: Term life insurance will pay off debt if the person who is insured passes away . When using Term life insurance to repay loans , many people use an assignment form . This form states that the death benefit of the policy will pay the lender the amount that is owed , then will pay the remainder of the death benefit to the primary beneficiary stated on the policy -LRB- e.g. spouse -RRB- . Whole or Universal Life insurance that has cash value can also be used to pay off debt while the insured person is still alive , by borrowing from the policy . Many people prefer borrowing from something they own vs borrowing from someone else .


Input: Will Life Insurance Cover Cancer?

Output: Yes , if someone has a life insurance policy and later passes away from cancer , the life insurance policy will pay the death benefit . The only exception would be if the applicant knew they had cancer but did not disclose it at the time the application was filled out , and if death occurred within the first two years . If the policy was guaranteed issue and the application did not ask about cancer , then not disclosing it will not matter . If someone is diagnosed with cancer and then applies for life insurance , the type of policy that can be obtained will be dependent on the type , stage and treatment of the cancer , and when the cancer was diagnosed and last treated . Life insurance almost never carries exclusions for cancer , but a graded policy can exclude paying the full death benefit for all but accidental death during the first 1-3 years of the policy .


Input: How Much Is Condo Renters Insurance?

Output: There isnt such a thing as a condo-renters policy . If you own the condo , then you need the condo form of a homeowners policy . If you are renting a unit regardless of how the title to the unit is held , you need a tenants policy -LRB- commonly called a renters policy . -RRB- The Condo form is for the owner of the unit and has similar coverages to as standard homeowners policy except that there isnt coverage for the building . The building is covered by a condominium master policy . The tenants policy covers the possessions of the renter . That form is the same regardless of whether it is a condo or an apartment .


Input: How Much Is Condo Renters Insurance?

Output: Like all other types of insurance , there is no one company that offers the `` best '' or `` most affordable '' renters insurance for everyone . To determine the best plan for your personal situation , I suggest speaking with a licensed insurance agent , one who represents many companies in your area . That is the only way to ensure you receive honest , expert advice , based on your personal needs . With property and casualty coverage such as home owners , renters , or auto insurance , you can normally get a better deal when purchasing coverage for more than one item . For example , I have my car and my home both covered on policies with Auto-Owners Insurance company . With the multi-policy discounts I receive , I actually pay less to insure my home and car than I would pay to insure my home , if that was the only policy I carried with that company . While that may sound illogical , if not unbelievable , it is true , and is a very smart approach to take to make sure you keep as much as your hard earned money in your pocket as possible .


Input: How Much Does It Cost To Be Put On Your Parents Car Insurance?

Output: The change in premium that is realized on your parents auto insurance policy can vary greatly from carrier to carrier and location to location . There are many factors that go into the determination of your auto insurance rates . Please contact your local agent to discuss coverage availability and pricing within your area .


Input: Who Offers The Lowest Auto Insurance Rates?

Output: It 's pretty simple ; those who are comparing the most number of quotes are the best way to get the lowest auto insurance rates . Again you want to get as many quotes as possible online and off line . Discounts and other offers make your auto insurance policy cheaper if you qualify . Here are a few good driver discounts , vehicle safety discount like alarms and Onstar , also low mileage can help but you may need proof that you drive very low miles per year . Good student , college degree , good credit and occupation . Try this out when shopping around ; you should save money with these tips .


Input: Who Offers The Lowest Auto Insurance Rates?

Output: The lowest auto insurance rates are easily found when you work with an experienced broker and their website . Why ? It 's important to check multiple companies , and receive unbiased advice from someone with at least 20 years in the business . Whether you have a great driving record or are considered a high-risk , you 'll save money . LIVE answer provided by : Ed Harris - Premier Auto Insurance Broker for last 33 years and owner of several top-rated websites that offer the lowest available rates .


Input: How To Choose A Good Life Insurance Policy?

Output: This is an excellent Question . You want a company that has good rating i.e Moodys and one that has been around for a long enough time to have proved themselves . Aside from that you want to go with a company that have the products that you are seeking .


Input: How To Choose A Good Life Insurance Policy?

Output: In addition to selecting a good life insurance professional and a company with good rating , you choose a good life insurance policy by knowing the features of the policy . Are the premiums guaranteed to stay the same for x number of years -LRB- for Term life or some Universal life -RRB- or are they guaranteed to stay the same for the rest of your life -LRB- for Whole life or GUL -RRB- ? Will the policy pay 100 % of the death benefit from day one for death by any reason -LRB- except suicide in first two years -RRB- ? Is the policy convertible to a permanent policy ? If so , how long and to what product -LRB- s -RRB- ? If accumulating cash value , what is the guaranteed interest rate ? You will want to see an illustration showing policy values and cost indexes . What riders are available and what is their cost ? Details like this can cause you to choose one policy over another , so do n't be afraid to ask questions .


Input: How To Choose A Good Life Insurance Policy?

Output: Bottom line question : What is the best type of life insurance to have ? Bottom line answer : The type that is in force when you die.Keep in mind that life insurance is the only financial vehicle that provides an income-tax free lump sum of money to the one who depends on the insured person financially upon the trigger-point of the contract : the death of the insured . Focus on that death benefit or face amount . Do n't be distracted by cash values , living benefits , etc. to begin with . -LRB- That can come later -RRB- . As far as choosing a `` good life insurance policy '' , the answers are endless . But , here are a few basic parameters to guide you to the answer that is best for you :1 . Ask the beneficiary , `` What would you do if I -LRB- the proposed-insured -RRB- were to die today ? '' . `` Do '' is the key word . This is not a quantitative inquiry . It has to do with values . What matters most to the person you care about ? 2 . Then , `` what would be the negative financial impact to the beneficiary if I were to die today ? '' This is n't that hard for most people . It has to do directly with what the beneficiary believes they would do if the insured dies . For instance , if the beneficiary would sell the house , do n't put that into the equation . If there 's debt , do put it in the equation . Income replacement is typically the most important . But , it may not be if there are no children and the beneficiary has a career . See ? It all depends on what the beneficiary would do . 3 . Once the amount is determined , my suggestion is to first buy a permanent plan of insurance that would cover final expenses . That does n't have to be a large face amount . But , it should be big enough to take care if immediate funeral and burial costs projected to mortality age .4 . Cover the rest of the need with low-cost , guaranteed level premium and fully convertible -LRB- exchange all or part of the term to a permanent plan of insurance without the need to medically qualify -RRB- term.Now you can discuss bells and whistles . But , only pay the extra amount those cost if -LRB- big if -RRB- they have value specific to your situation . An experienced agent who actively listens -LRB- let 's you talk more than s/he does -RRB- can guide you .


Input: How To Choose A Good Life Insurance Policy?

Output: I know this will sound trite , but you choose a good policy with good advice which means first choosing a good life insurance professional . Also consider that one must choose the right policy , not just a good one . By that I mean , choose a policy that matches the need . If you have a temporary need , term is fine and is inexpensive relative to permanent life products . If you have a permanent need , do not buy term insurance as it is a good product but the wrong solution . Also consider the company you choose since they need to be around to pay the claim - look for top rated insurers . Again , a life insurance professional will help you with all of this .


Input: Can You Have Medicare Part B Only?

Output: Yes , it 's possible to enroll in Medicare Part B without also enrolling in Medicare Part A . You can do this if you 're 65 or older , a U.S. resident -LRB- additional rules apply for non-U.S. citizens -RRB- , and do not yet qualify for premium-free Part A -LRB- having met the requirement of 40 quarters -LRB- 10 years -RRB- of working life and paying FICA taxes -RRB- . If you qualify for premium-free Part A , you 'll apply for both Part A & B together or apply for Part A first and Part B down the line .


Input: How Do I Apply For Medicare In Iowa?

Output: To apply for Medicare in Iowa , you can visit your local Social Security office to fill out an application . Or you can go to this website to sign up online : WEBSITELINK . Finally , you can call Social Security at1-800-772-1213 .


Input: What Blood Test Are Done For Life Insurance?

Output: The blood tests that are done for a life insurance exam generally include : Glucose AGP and Hemoglobin A1C BUN Creatine Alkaline Phosphatase Uric Acid Total Bilirubin Total Protein , Albumin , Globulin SGOT -LRB- AST -RRB- , SGPT -LRB- ALT -RRB- , GGT Cholesterol , HDL , LDL , and ratios Triglycerides These indicate abnormalities of blood , kidneys , liver and heart along with other diseases . The blood is also tested for presence of nicotine and drug use .


Input: When Do Annuities Pay Out?

Output: Annuities pay out at the time you choose to annuitize your policy . If you have an immediate annuity for which you paid a lump sum , your annuity will pay out almost immediately after taking out the annuity . If you have been putting payments into your annuity for a number of years , you make the choice when you want the annuity to start paying you .


Input: When Do Annuities Pay Out?

Output: Annuities are ultimately purchased for income scenarios . Deferred annuities can be annuitized or if they have withdrawal income riders can be scheduled to meet your income needs . Some are designed for 10 or 20 years certain . Immediate annuities can pay out according to your specified request or generate lifetime income you cant outlive .


Input: How Much Do You Pay For Disability Insurance?

Output: Disability insurance depends on a number of factors . The cost -LRB- your premium -RRB- is based on a number of factors - the most important being your medical history , your job , and your income - and the policies are very customizable . This is a very important type of coverage to have that many do n't think about . It protects one of your greatest assets - your ability to work.If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the policy structure is the DEFINITION OF DISABILITY . Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: How Much Do You Pay For Disability Insurance?

Output: But perhaps the most overlooked item is your human value , the ability to earn income over your working life . Providing an income stream for your family or business partners is a critical component to defensive planning . Disability premium pricing depends on your medical information , behaviors and your compensation . Medical information is collected such as gender , age , smoking status , health history , current medical condition , etc. . Behaviors like dangerous recreational activities , hazardous vocations and motor vehicle violations . And how much of your compensation do you want to coverage within the limits of disability insurance ? The generally rule of thumb for a nonsmoking healthy male covering 60 % of his compensation can be 3 to 5 % of the compensation coverage .


Input: How Much Do You Pay For Disability Insurance?

Output: There are too many factors to answer this question simply . To calculate a quote on disability insurance an agent needs your age , build , state of residence , occupation , length of employment , health status , life style , income , net worth and experience in your current field . Then the type of policy you need both short term and long term . Then we would need the elimination period and the benefit period and any riders you may need . I highly recommend using an independent disability broker to help you maneuver through this maze of questions . Almost all of us offer our expertise free of charge .


Input: Does Renters Insurance Cover Pest Control?

Output: Most insurance companies exclude coverage for routine maintenance such as pest control . Most insurance companies will not pay for damage caused by birds , vermin , rodents , insects or domestic animals . There may be exceptions to that exclusion when the damage is hidden .


Input: How To Cash In Life Insurance Policy After Death?

Output: When the insured of a life insurance policy dies , the primary beneficiary -LRB- ies -RRB- of the policy can make a claim on the death benefit . To file a claim , the carrier will generally require a claim form and a copy of the death certificate of the insured before they can pay the proceeds of the policy - some carriers may have additional requirements , varies by company . The beneficiary will generally have a couple of options on how to receive the benefits including being delivered a check for the amount or the carrier setting up a savings account with the proceeds for you to withdraw from at your leisure . Please feel free to contact me for help . Thanksverymuch .


Input: How To Cash In Life Insurance Policy After Death?

Output: To cash in a life insurance policy after the insured person dies , you start by contacting your agent or the insurance company through which the policy was issued . The policy should have a phone number listed on it , or else use an internet search engine to find an updated phone number for the claims department . They will send paperwork to fill out and send back with a certified death certificate . The check for the death benefit will be mailed to you , and will be made out to the beneficiary listed on the policy . If none of the beneficiaries are alive , the proceeds from the policy will go into the estate of the deceased and go through probate .


Input: How To Cash In Life Insurance Policy After Death?

Output: That is a great question ! First the beneficiary must contact the company and file a claim . At that point the company will send out a form , and when it is completed , and the deathcertificate is sent in , the company will begin to process the claim . If everything is in order , they will soon issue the check for the death benefit promised , minus any loans , fees , or unpaid premiums that might be owed . Thank you for asking !


Input: How To Cash In Life Insurance Policy After Death?

Output: Cashing in a Life Insurance policy after death is what we call filing a claim . If you know the agent or broker who was working with the insured , I would contact them first as every company has paperwork which needs to be filled out . You will most likely have to call the claims department . You can call the company and ask for that extension or number . This will start the claim process . You will be sent paperwork which will need to be filled out as well as attaching the death certificate . The certificate will have to be the original , fyi . After receiving the paperwork back the company will process it . In most cases the turnaround time will be a couple weeks . If death happened within a couple years of getting the policy , it might be longer until the benefit is received .


Input: How Do Life Insurance Policies Pay Out?

Output: Life insurance policies pay out the death benefit as a lump sum , or in installments , or both . If paid in installments , there is interest added to the payments for the extra time that the life insurance company had that money in its possession . The installments can be a number -LRB- such as paid out in 10 equal installments -RRB- or a time period -LRB- such as paid out within 10 years -RRB- .


Input: How Do Life Insurance Policies Pay Out?

Output: When a death claim , a period of company due diligence occurs to verify the claim for the beneficiaries . Generally the life insurance is paid in a lump sum , but by election of the beneficiaries paid in installments . Depending upon the policy owner , the death benefit proceeds may pass tax free .


Input: Does Home Insurance Cover Replacement Windows?

Output: Homeowner 's policies vary a lot , so the only way to know for sure is to file a claim . Having said that it probably depends on what caused the windows to break . If it was something sudden and accidental such as a windstorm , vandalism or an accident with a baseball then you are probably covered . If the windows need to be replaced because of old age , then you probably wo n't be covered because of the wear and tear exclusion .


Input: Does Home Insurance Cover Replacement Windows?

Output: As always , it is best to talk to your Insurance Professional about the specific terms and conditions of your policy . If you are asking if a homeowners policy would pay to replace your older windows with replacement windows , unless the older windows had been severely damaged or destroyed by a covered peril , the odds are that your policy would not pay for the replacements . A Homeowners Insurance policy provides coverage to return your property to proper condition in the event that it has been damaged or lost due to some covered peril . Fire , severe wind , hurricane , lightening etc are some examples of these . Wear and tear is not .


Input: What Do Home Insurance Policies Cover?

Output: A home insurance policy covers a wide range of items . Your dwelling is typically covered for its replacement cost along with the contents inside the home . Expenses incurred as a result of a claim are typically covered along with liability protection in case you are sued . Medical payments to others along with coverage for unattached structures is generally covered on most policies . Specific coverage can be discussed with an experienced broker .


Input: What Is Disability Health Insurance?

Output: In the United States , Disability Insurance and Health Insurance are two different products . Health Insurance pays for the cost of health care , while Disability Insurance pays the insured person cash to replace some of the income lost by becoming disabled . The dollar benefits of health insurance are based on the cost of the care , whereas the dollar benefits of disability insurance are based on the income the insured person was making before he/she got injured or ill .


Input: Which Is The Best Life Insurance Company Ratings?

Output: Every rating agency has their own ratings . With AM Best , A + + is their best rating . With Fitch , their highest rating is AAA . Moody 's highest rating is Aaa . S&P 's best life insurance company rating is AAA . Weiss 's highest rating is A + . The companies with the best ratings will have high ratings from all these agencies .


Input: Does Life Insurance Cover Plane Crashes?

Output: The question maybe more accurately asked : Does Life insurance cover policy insureds in the event of a plane crash ? The answer is yes for the flying public . Student pilots and certified pilots must declare their operators flying status in flight hours , instrument ratings , size of aircraft and whether or not their commercial pilots . A life insurance company will assess the risk and rate according to their underwriting protocols for pilots .


Input: Does Life Insurance Cover Plane Crashes?

Output: Yes , life insurance does cover passengers in plane crashes . It also covers the pilots of plane crashes if they disclosed on their application that they were pilots , and obtained coverage that did not exclude their flying while piloting the plane . Life insurance covers death due to accident AND natural causes such as illness .


Input: How Much Home Insurance Do I Really Need?

Output: That is a great question ! Your question is a really good one , as it really speaks to the balance of affordability and adequately covered . Your insurer will have a program that estimates the value of your belongings . If you own an expensive collection , or have high end electronics or jewelry , that value may not be covered . Take some time and research what the value of those items are , if that is the case for you . Find out what it would cost to replace it , or if you have the receipts , what you paid . Contact some local builders , and find out what it would cost to build a home like yours Do not include the cost of the land , unless it 's landscaped , or forested -RRB- . Compare those amounts with what you have for your coverage . If the opposite is true , and you have n't got a lot of stuff , go low , and increase your coverage as you add to your belongings . I hope that helps - thanks for asking !


Input: How Much Home Insurance Do I Really Need?

Output: You should estimate the replacement cost for your home - your insurance advisor should be able to do this for you at ease based on your property description and general details . This would take into account the cost of materials and labor to rebuild your home back to the same position that you were at before . It is always suggested that you insure your home at a minimum at replacement cost , if not more depending on improvements/betterments made to the home .


Input: How Much Home Insurance Do I Really Need?

Output: The amount of coverage on a homeowners policy is prescribed by the lender in the majority of cases . As long as the market conditions are lower than the cost of rebuilding that works well . However , when housing prices rise , lenders often want more coverage than necessary to replace the house . In California the lenders are not allowed to demand more than the amount necessary to reconstruct the home . Your agent can provide all the information that you require .


Input: Does Homeowners Insurance Cover Water Damage From A Dishwasher?

Output: Your homeowners policy may provide some coverage for water damage caused by water from a diswaher less your deductible up to the limits of the policy . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: Our Grandson Lives With Us And Has Insurance With Step Dad. He Had An Accident, Are We Responsible?

Output: First of all , I hope everyone is ok from the accident . Well , there are a few questions that you need to ask and you need to take a look at the auto policy . How long has your grandson been living with you?Take a look at the policy to see ifyour grandson 's name listed on the policy as a named insured . Here is how `` you and `` your '' is defined in the policy : 1 . Those named in the declarations , and 2 . The spouse of the person -LRB- s -RRB- named , if they are a resident of the SAME household a. Living in the same household as `` You '' , or if not living in the same household as `` You '' , he or she isconsidered `` You '' unitl the earlier of : 1 . 90 days after a change in residency 2 . The effective date of securing his or her own coverage 3 . The date the policy expires A `` Family member '' is defined : 1 . A resident of your household who is : a.related to you by blood , marriage , or adoption b. is a ward or foster child . Now thatyour grandson lives with you , the insurance company is wanting to add him to your insurancebecausehe is a `` Family Member '' of your householdand not his step fathers.You need to discuss what you would like to happen with your current agent . The insurance company may offer a solution and have you sign a driver exclusion form that would specifically exclude your grandson from your policy .


Input: Our Grandson Lives With Us And Has Insurance With Step Dad. He Had An Accident, Are We Responsible?

Output: This is a very common question and the the answer given about the technical aspects are excellent . The main thing in this type of case as I have discovered over the years is to contact a lawyer and pay for a simple interview if you must . I had a similar thing happen with an accident I had before I entered the insurance profession and I wound up paying my own deductible when the other party was issued several tickets . I did two things , I had an attorney write a letter to the company we were both insured with and I took my insurance elsewhere . I received a refund for my deductible .


Input: What Insurance Do You Get When You Are On Disability?

Output: It depends on the situation . If you are on Social Security disability then after about two years you can qualify for Medicare . If you are on disability from work your companies insurance will usually continue to cover you . If you have a personal disability policy and a health insurance policy then you would need to keep paying for your health insurance unless your policy includes some type of disability waiver , which is not common .


Input: What Is Guaranteed Premium Life Insurance?

Output: Guaranteed premium life insurance is life insurance where the premium is guaranteed not to go up for a certain amount of time . In term life , this is usually -LRB- but not always -RRB- the number of years in the term . When the term ends , the premiums usually jumps very high . In universal life , you can often select a period of time where the premium will not go up and the policy will not lapse . If you want the premium to not go up for your lifetime , you would pick a universal life policy with the premium locked in to age 100 or longer . In whole life , the premium is usually guaranteed to age 100 , at which time the policy will pay you the face amount if you are still alive .


Input: What Is Guaranteed Premium Life Insurance?

Output: Guaranteed premium life insurance simply means that the premium is guaranteed to be unchanged from what was promised in the contract . It is not the same as guaranteed Level premium , which means that the premium at issue will never increase . So unlike guaranteed level premium , with guaranteed premium the premium may well increase over time . Also with some Universal life policies while the premium is guaranteed , the cost of insurance is not , so as a result if you do not pay more that the guaranteed premium your policy will eventually lapse for non payment once the cash value is exhausted . Beware !


Input: What Is Guaranteed Premium Life Insurance?

Output: Guaranteed premium life insurance is a life insurance policy in which you get a contractual guarantee that the premium will not change . It will not increase , and it will not decrease . That is a very good deal . You do not want to have to worry about your premium changing . This product is , after all , supposed to be the foundation of your financial portfolio . As such , it should be dependable . Virtually all life insurance products available now provide premium guarantees . Its really just a question of how long the guarantee will last . Term insurance gives you guarantees for a specified amount of time . Could be 10 years , 15 , 20 , 30 , etc. . After that , watch out . The price could go skyhigh . Universal life could also give you guarantees for a specified amount of time . The interesting thing about this product is that since it has a flexible premium , you can determine how long you want that guarantee . It could last from a few years , to your lifetime . You can kind of make it function as permanent term insurance . No guaranteed cash accumulation , but a lifetime guarantee on the premium . And on the death benefit , by the way . Whole life typically comes with a lifetime guarantee on the premium . Thats the way the product is designed . I think you can appreciate that the longer you want the guarantee , the higher will be the premium . You get what you pay for . There you go . What else do you need to know ?


Input: What Is Guaranteed Premium Life Insurance?

Output: That is a great question ! `` Guaranteed premium '' means that the price stays the same - it 's `` guaranteed '' . This is typical in most whole life policies , but can be different in term life policies . For example , you might purchase a straightforward 10 year term policy . In 99.9 % of those policies , your premium payment is the same from first payment to the last payment . In a term policy like those offered by AAA or AARP , however , their premiums will increase as you age , and pass through each `` age band '' -LRB- 55-59 , 60-64 ,65 -69,70 -74,75 -79 -RRB- until you reach your 80th birthday , and the policies end . They will `` Guarantee '' your price through each band , but increase it in the next one , and `` guarantee '' that rate until the next . If you have questions , please drop me a line , I 'm always happy to help . Thanks for asking !


Input: How Much Is A Health Insurance Policy?

Output: The cost of a health insurance policy can vary , depending upon many factors . Although your health conditions will soon not be a factor , your age and zip code will , in part , determine what you pay . If you 're not a high income earner , your premium could be incredibly low . Otherwise , with a big family and large income , you will pay more . However , an HSA would help reduce your rates . As experienced brokers with top-rated websites , we help consumers find the lowest prices from the best insurers in their area . Quotes , of course , are always free .


Input: Does Group Life Insurance Work?

Output: Yes , Group life insurance works . Group life will pay a claim , just as an individual policy would . The question with group life , is should it be your only form of life insurance ? While it is nice that a portion is picked up by most employers -LRB- up to 50,000 -RRB- as they get a tax deduction for providing coverage to a point . However , as an individual on a group plan , you have no control over the situation . If your employer changes plans or decides to end the benefit , you have no coverage . Where this can become a problem is if your health changes while in the group plan . The plan ends , you still need coverage , but your health may prevent you from getting covered or covered at a reasonble price . With group coverage , you do n't have a lot of say over the coverage . It is always better to find your own coverage that suits your needs and then using group coverage as bonus coverage as no telling if it will be there when you need it to be .


Input: Does Group Life Insurance Work?

Output: Most group life offered by the employer is term insurance that will cover you while you are employed . Some companies will continue your insurance at a reduced amount after retirement and some give you an option of converting the insurance to a whole life plan and you would pay your own premium . Group term life will only pay while it is in force , meaning while you are employed . Never rely on group term life coverage as your only source of life insurance . In today 's economy you could find yourself out of work and if you are sick , uninsurable Always carry at least enough insurance to pay final expenses and pay off outstanding debt .


Input: What Is A 20 Year Level Term Life Insurance?

Output: Term poicies last for a certain period . You can purchase a 20 year term which will give you both a level death benefit and level premium for 20 years . At the end of 20 years the policy will end . Many times these policies carry a conversion option so you can actually convert them to a permanent plan as long as you do it within the 20 year period . The benefit to these convertible plans is you do n't have to pass an insurance exam when you are ready to convert .


Input: What Is A 20 Year Level Term Life Insurance?

Output: 20 Year Level Term Life Insurance is a guaranteed level premium for a 20 year period of coverage based on the policy insureds gender , age , smoking status and health condition . It requires economic justification for the amount of death benefit coverage and insurable interest between the policy beneficiaries and the insured .


Input: What Is A 20 Year Level Term Life Insurance?

Output: A 20-year level term insurance policy is a contract where the premium and face amount -LRB- death benefit -RRB- are guaranteed for 20 years . Many large and reputable carriers issue these type of policies . You are not obligated to keep coverage for the full term and there may be conversion options available . They are actually among the most popular term life insurance plans available to consumers and can be very affordable , depending on your age . A full-time experienced broker can help determine the best face amount of coverage , but also find the lowest rates and provide the best information .


Input: Does Homeowners Insurance Cover Appliances?

Output: Your Homeowners Insurance policy provides protection against losses caused by covered perils named in the policy , or those perils that are not specifically excluded -LRB- earth movement and flood for example -RRB- . If your appliance simply gives out over time due to wear and tear , this would not be a covered peril . If however , your appliance is damaged as a result of a fire , or a power surge caused by lightning to name two examples , then they moire than likely would be coverage in your policy for such damage , subject to your policy deductible . Talk to your Insurance Professional about the terms and conditions of your policy .


Input: How Long After An Injury Can I File Workmans Comp?

Output: Workers Comp injuries are to be reported and filed immediately . The longer you wait the more potential problems you may have with the claim as this would seem suspicious . This is not to say late reporting does not happen but there will be additional investigating . In most cases you could potentially go as much as a year but rules vary by state . If you have a legitimate WC claim I suggest you report the issue right away .


Input: How Long After An Injury Can I File Workmans Comp?

Output: Each state has it 's statue of limitation on Workers Comp . claim . It 's highly advisable to report your injury as soon as possible . After 30-45 days you may loose your right for a workers comp . claim . It is also known , that an injury may show up after a prolong time , like limited poisoning received during an employee visit of warehouse , where mercury was spilled . In that case , you are better to get a check up and report any injury as soon as the accident was discovered .


Input: Can I Change My Car Insurance Anytime?

Output: Yes , you can change at any time . If you have already paid your premium the company will have to refund any unearned premium . Some companies may short rate you however , meaning you may not get the full amount you are expecting . This amount is usually small and not all companies do this .


Input: How To Make Your Own Retirement Plan?

Output: While I was in High School , I played sports . We had a great football and wrestling program . While I would like to believe the reason it was so great was because of yours truly ... That would be untrue ! Point being , it was great coaching that created a great team and great success . You can certainly ` create your own awesome retirement plan ' - but would n't it make sense to do so , with the help of great coaches ? I think so !


Input: How To Make Your Own Retirement Plan?

Output: If you are in a low tax bracket you may consider using a non-qualified retirement plan that uses life insurance and / or annuities . Although these products have their own policy expenses and surrender charges , the are generally more flexible than a qualified plan , especially a life insurance policy designed to maximized cash values .


Input: Can I Get Auto Insurance For Just One Month?

Output: You can get auto insurance for one month . When you apply for coverage , you will be required to make an initial payment and the rate is usually guaranteed for 6-12 months . You can elect different billing arrangements . You always have the right to cancel a policy at any time . A refund -LRB- short-rated or pro-rated -RRB- will be offered .


Input: Does Long Term Care Insurance Cover Rehab?

Output: Rehab for the first 20 days after a qualifying hospital stay is usually covered by Medicare . Then on a sliding scale of cost to the patient , Medicare can help fund rehab provided for up to an additional 80 days . If the patient needing rehab has a long term care insurance policy , the policy may help pay for rehabilitation services after the elimination period is satisfied . These rehabilitation services may be provided in the home or other living arrangements besides skilled nursing facilities , with some long term care insurance policies . Individual policy provisions will determine what is covered .


Input: What Is The Best Long Term Health Care Insurance?

Output: There are not many long term care insurance companies remaining in the market , but those who left are are solid carriers , Each carrier presents policy provisions with their own proprietary definitions and benefits that may favor one carrier over another . But from an overall perspective , Genworth is one of the top long term care insurance companies .


Input: What Is The Federal Retirement Plan?

Output: There is the federal employees retirement system for federal government employees . . Most of these plans are defined benefit retirement plans , but some offer defined contribution plans , which are becoming more popular .


Input: Where Do Life Insurance Companies Make Money?

Output: Life insurance companies have several sources of revenue to potentially generate money . The big one is the cost of insurance or mortality charges . Then the money generated by return on their investment portfolio . Lastly , money is made from front end premium loads , administration charges and individual policy fees .


Input: Where Do Life Insurance Companies Make Money?

Output: Most life insurance companies earn an underwriting profit , especially on the life lines . If they have diversified into other areas such as annuities or health insurance , profit margins are usually a bit slimmer . Most carriers earn the bulk of their profit from cash flow investing and earnings on statutory reserves in the general fund .


Input: What Is The Difference Between Mortgage Insurance And Home Insurance?

Output: Home insurance protects your home and your possessions against accidental loss or damage . You can find an agent to help you determine your needs very easily . Mortgage insurance could mean one of two things . PMI or Private Mortgage Insurance allows you to take out a larger loan from the bank than you might normally qualify for . This is because the insurance company is promising to pay the bank money if you can not pay your mortgage for some reason . This is usually provided through a company that works with the bank . MPI or Mortgage Protection Insurance is a type of term life insurance . This insurance pays off your mortgage if you die or , depending on the plan , are unable to work . You can find a local life insurance agent who can help you with this plan .


Input: What Is The Number One Car Insurance?

Output: USAA -LRB- United Services Automobile Association -RRB- out-scores mostother car insurance companies by far , in theJD Power auto claims & auto insurance customer satisfactionstudies each year , but it 's available onlyto active US military , honorably-discharged veterans , and somequalifying family members . Amica , acompany available to the general public in most US states , also performs well in JD Power auto insurance studies . If by number one , you mean the company insuring the most private passengercars in the USA , the answer to your question is State Farm .


Input: Is Long Term Care Insurance Considered Health Insurance?

Output: Health insurance and long term care insurance are both morbidity insurance products -LRB- disability insurance as well . -RRB- Health insurance pays the medical bills incurred in hospitals , emergency rooms and doctors visits . Long term care insurance pays for extended care whether assisted living -LRB- at home -RRB- or nursing home confinement .


Input: Can I Get Veterans Life Insurance?

Output: The requirements for receiving VGLI -LRB- Veterans Group Life Insurance recently changed -RRB- . For those retiring from the service before Nov 1 , 2012 , you must apply within 1 year and 120 days from the date you separated from the service . At this point in time , you will need to answer some health questions to be eligible to get the policy . You also need to have been on SGLI while you served , in order to qualify for VGLI . If you retired after Nov 1 , 2012 . you have 240 days to apply for VGLI without answering health questions . If you miss that deadline , you can get VGLI with evidence of good health if you apply within 1 year and 120 days from the date you separated from the service . Again , you must be on SGLI at the time you left the service , in order to qualify for VGLI . Others who can get VGLI are the Individual Ready Reserve or Inactive National Guard . If you do not fit any of these categories , or do not wish to go that route , veterans can get an individual policy from private companies . Some of the health conditions that , unfortunately , can hit veterans disproportionately high are hepatitis , PTSD , diabetes , and others . Going to a company that specializes in any health conditions you might have will be a big help .


Input: What Is Long Term Care Insurance Credit?

Output: Long Term Care Insurance credit is a tax advantage given to those who purchase LTCI . About half the states in the United States offer a tax credit to those who purchase LTCI , and the tax credit can be as high as 25 % of the Long Term Care policy premium , in some states .


Input: What Insurance Do I Need For A New Home?

Output: This is really a question that each individual must answer for themselves . My personal recommendation for every homeowners is a homeowners policy with personal liability coverage and equipment breakdown coverage . I would also recommend that every homeowner carry umbrella insurance . Your exact coverages are something that only you can decide upon . To ensue that you are properly insured you should contact a local insurance agent to discuss your needs with .


Input: What Insurance Do I Need For A New Home?

Output: There are a few types of coverage to consider . First of course is a Homeowners ' Insurance Policy . This will be required by your mortgage company and it provides broad loss coverage on your new home and your personal belongings as well as liability protection for you and your family in the event you happen to be legally responsible for someone 's injury or damage to their property . Next , and this may be required depending upon the location of your home , is Flood Insurance . Flood damage is NEVER covered under a homeowners ' policy so if required , it means you are located in a higher risk flood zone . If not required it is still a good idea to consider . Finally , look into Life Insurance to protect your family in the event you die before your mortgage is paid off .


Input: When Should I Drop Collision From My Auto Insurance?

Output: This is a tough one since everyone 's personal situation is involved in a different fashion . For some folks a 10 year old vehicle might still need collision coverage while for other folks , they expect that a loss could eliminate the vehicle . I suggest you start by doing an online appraisal of your car , either through Edmund or Kelly Blue book . Answer the data questions and then you will know the value of your car . I also recommend you continue to carry Uninsured Motorist Property Damage Coverage . This coverage is very inexpensive , uses a deductible and should remain on your vehicle .


Input: Who Is Stonebridge Life Insurance?

Output: Stonebridge Life Insurance Company is a sister company to Transamerica . Both are AEGON companies . Stonebridge life insurance is offered in several types of policies , including Term and Whole Life . To compare Stonebridge Life Insurance rates with the rates of life insurance with other companies , you can look for instant life insurance quotes on internet quote engines , or call a life insurance agency that carries policies from more than one company .


Input: Will Homeowners Insurance Cover Water In Basement?

Output: It may be possible , but it depends upon the source of the water and the terms and conditions of your policy . If for example you have suffered water damage because a pipe failed , then in most cases this would be covered . It is common that damage caused by ground water seepage is not covered , however , talk to your insurance professional to see if your insurance company offers an endorsement that provides protection from the failure of a drainage system . Any coverage available through your Homeowners policy would , of course , be subject to your deductible .


Input: Will Homeowners Insurance Cover Water In Basement?

Output: A homeowners policy pays for damages caused by specified perils . Water could enter your basement from a burst water line in the house , in which case the damage is most likely covered by your homeowners policy -LRB- there are various forms . -RRB- If the water entered your basement from outside it is very unlikely that there will be any coverage because that peril is usually excluded from a homeowners policy . 25 % of losses suffered by homeowners have to do with flood . Flood insurance is usually a separate policy .


Input: Will Homeowners Insurance Cover Water In Basement?

Output: Possibly yes and possibly no ! The question that needs to be answered is how the water got there . If the water is ground water entering the home thru doors and windows , only flood insurance , NOThomeowners insurance , covers the resultant damage . And even with flood insurance the coverage is very limitedin areas of the home below grade . If the source of the water is seepage thru cracks in the foundation there is no coverage . If the source of the water is sump pump failure , whether by power outage , mechanical failure or simply being overwhelmed , you will need to have optional coverage available from many insurers . The same for the source of the water being a back up of the sewer system . If the source of the water is overflow from above , such a burst washer hose or clogged commode , there would likely be coverage . You will want to consult your insurance professional for a detailed review of the coverage you have and/or need .


Input: What Is Supplemental Term Life Insurance?

Output: Supplemental Term Life Insurance is coverage offered by an employer to employees and/or spouses , whereby they can add onto the coverage provided by the employer in their group plan . They are able to purchase the supplemental term life insurance coverage at group rates , but most likely will not be able to take their term policy with them at that price if they leave that place of business .


Input: Is Retirement Plan Income Taxable?

Output: Is income from retirement plans taxable ? In most all cases the answer is yes . You either pay taxes going in or coming out . Most retirement plans are qualified plans where your contributions going in are tax free . From there they grow tax deferred and upon distribution are subject to income taxes based on the bracket you fall into in retirement . There are also plans that allow you to put money in that you 've already paid taxes on . Those funds are never taxed again , so in some plans you have taxable and non taxable distributions paid out to you . The non taxable funds are not subject to income taxes in the year you take them out .


Input: Is Retirement Plan Income Taxable?

Output: Ultimately all qualified retirement plans are taxable as ordinary income , whether defined benefit or defined contribution plans . There is no basis in the distributions , so your original contribution are taxed upon distributions as well . Income generated from qualified retirement plans are also included in the provisional income test for Social Security taxation .


Input: How Much Will Car Insurance Cost For A 20 Year Old?

Output: There is not enough information to answer the question . As an agent I would need to know what kind of car the driver will be operating , What are the desired coverage 's the driver wishes to carry . Also I would need to check driving history , location or garaging address and see if the driver may qualify for any potential discounts . These are just the basics in order to get a rate .


Input: How Much Will Homeowners Insurance Cost?

Output: As my colleague said , there are a great many factors that are considered when the premium for a home is developed . In addition to those he mentioned , the year of construction and style of home along with it 's proximity to fire services , namely water sources such as hydrants and distance from the closest Fire Fighting Company would be included . Having a monitored alarm system and also insuring your cars with the same company would more than likely earn you money saving discounts . Talk to your Insurance Professional about the specific terms and conditions of your homeowners ' policy and ask about any available discounts for which you may qualify to best manage your costs .


Input: How Much Will Homeowners Insurance Cost?

Output: That is going to depend on many factors . To name a few : the valuation of the home , your geographic location , your homeowners loss history , any endorsements on the policy , and many other factors . That being said I would say that a good many homeowners policies in my area run from about $ 600 to $ 2000 per year . Please contact a local agent to find out what the rates would be for a policy in your area .


Input: Does Medicare Part A And B Cover Eye Exams?

Output: Routine eye exams are not covered by Medicare Part A or Part B . If you are an inpatient in a hospital , and have an illness or injury to your eye , Part A would cover that exam . If you are treated as an outpatient in the ER , clinic or doctor 's office for illness or injury to your eye , Part B will cover at least a portion of the exam .


Input: Can One Have Two Health Insurance Policies?

Output: On the same vehicle ? No . Because how would you decide which company had to pay out if there was a claim ? On separate vehicles , for example if you had a convertible you like to take out on the weekends and did n't want it on your family policy , that would be fine .


Input: Can One Have Two Health Insurance Policies?

Output: Yes it is possible to have more than one insurance policy if you are under the age of 65 and not on Medicare but whether or not this is advisable is the real question . Keep in mind you will have two premiums to meet , two deductibles and quite possibly these two different plans will not have the same benefits and even network of hospitals and doctors .


Input: Can One Have Two Health Insurance Policies?

Output: You can have two auto policies but not on the same car . I have many clients that own small business and they have a business auto policy and a personal auto policy which then gives them a multi policy discount on the personal auto and cost them much less per auto and the business auto they use the insurance premium as a business expense on their taxes .


Input: Is Home Insurance The Same As Mortgage Insurance?

Output: This question addresses the issue of policy names . A home policy could mean a homeowners insurance policy . A mortgage policy could be talking about the policy that protects a lender from default on a loan . The mortgage policy could also be talking about a term insurance policy that provides enough money to pay off the mortgage in the event of death during the term of the policy -LRB- and hopefully the mortgage . -RRB- Another problem is that there is a variety of property insurance policies , any one of which might satisfy a lender . Knowing the list of covered perils is critical and understanding the value added in a homeowners form is essential . The bottom line is that the home policy is probably designed to satisfy a lender and restore a damaged home for the benefit of the homeowner . The mortgage policy is generally designed to either insure enough money to pay off the mortgage or protect the lender against default by the borrower .


Input: Is Home Insurance The Same As Mortgage Insurance?

Output: No . Home Insurance protects you if your house incurs a loss due to a covered peril such as fire , wind , lightning etc. . It also protects you from theft and liability if someone is hurt on your property and files a law suite . Mortgage Insurance , -LRB- I am assuming you mean Mortgage Term -RRB- is a form of life insurance that pays off your mortgage in the event of your death . Your bank may also have a form of mortgage insurance that protects the bank in the event you default .


Input: Is Home Insurance The Same As Mortgage Insurance?

Output: No . Home insurance is the coverage that you get to cover your contents and your liability for owning the home . It is a policy designed to take care of the building and its contents . Mortgage insurance is typically a life insurance product that covers the financial amount owed to the mortgage company . So basically it is an overpriced term policy . I would suggest getting with an insurance professional that can work with you to protect your property as well as your financial obligations .


Input: Is Home Insurance The Same As Mortgage Insurance?

Output: No they are two distinct types of coverage . A Homeowners ' policy provides financial support in the event that your home or pesonal belongings are damaged or destroyed by a covered peril . It also protects you in the event you injure someone or cause damage to their property through the Liability coverage portion of your policy.Your Insurance Professional will be able to discuss the specifics of your policy including coverage and any policy limitations or exclusions . `` Mortgage Insurance '' generally speaking is a Life Insurance policy that is taken out in the amount of your mortgage . Typically these are term policies . The idea is that shoud you die unexpectedly before your mortgage if fully paid , your family would receive enough life insurance benefit to pay off that loan and maintain the security of the home you halped to provide for them .


Input: How Can I Cancel My Health Insurance In Tennessee?

Output: Individual and group health insurance policies can be terminated essentially at any time by the policyholder . The correct manner is to send in a written notice of termination to your health insurance carrier that states the date of termination . Generally the date of termination should be for a date after you are sending in the termination notice . For example , you send in a letter on June 5th notifying the insurance carrier of your intent to terminate coverage effective July 1st . Attempting to terminate your coverage in a retroactive manner is more problematic and should be avoided if at all possible . First of all , if premiums have already been paid for the period you are wanting to backdate your coverage to the insurance carrier will be within their rights to hold on to your premium and to check if any claims activity has occurred during that period . Even in this electronic age a claim may not be filed immediately after services are rendered and the insurance carrier has to be mindful of this lag time . For this reason a request for a retroactive termination will certainly be delayed and if any claims activity came in during that period the request for a retroactive termination would most likely be denied and granted for the fist of the next month . Then there is the less graceful way of cancelling your coverage and that is simply not to make your premium payment . Failure to pay is a violation of your individual or group contract terms and will lead to contract cancellation by the insurance carrier . I do not recommend this approach as it is bad personal and/or business practice . Also , most individual health insurance contracts and an increasing number of group health plans are set up on an automatic bank draft basis . Failure to provide a notice of termination will not stop this automatic draft from being drawn from your account . Sometimes people put a `` stop pay '' order for the draft on their bank account , for which you have to pay the bank a fee , and then from the insurance carrier 's perspective when they attempt to make the monthly payment draft this is no different than getting a bounced check so they will still attempt to collect payment while adding a late payment charge onto the premium . This situation can get quite messy and end up taking more of your time to resolve than simply sending in a termination notice .


Input: What Is Single Premium Immediate Annuities?

Output: A `` single-premium immediate annuity -LRB- SPIA -RRB- '' is an annuity . That is to say , an annuity is defined as an income stream that continues until the annuitant dies when a person pays a lump sum of money -LRB- single premium -RRB- to an insurance company in exchange for that income stream -LRB- annuity -RRB- . So , the term `` single-premium immediate annuity '' is a bit redundant . Think of it as taking retirement money from a privately funded pension , except that , in this case , you are funding it with a one-time , lump-sum of money.The important thing to remember is that once you pay the single premium , that money is essentially `` gone '' . You have just `` purchased '' an income that you can not outlive.There are all sorts of ways to design the annuity -LRB- stream of income -RRB- . You can get a monthly check , quarterly check , annual check - just about any payment schedule you can think of . You can also have the annuity pay out completely should you die before the original single premium you gave to the insurance company gets paid out . Should you choose that option , you will need to name a `` beneficiary '' to receive the remainder of the payout.Annuities , in general , are complex insurance contracts and space is not provided here to go into all the details . But , be absolutely certain that an annuity is right for you before you fork over the money because once it is committed to the contract , you either ca n't get a refund or there are stiff surrender penalties associated with backing out of the deal . Work only with an experienced insurance professional that has a solid working knowledge of what annuities are , how they work , and whether or not it is in your best interest to own one . More advanced knowledge about annuities can be obtained by consumer-friendly websites online .


Input: Does Fidelity Sell Life Insurance?

Output: Yes , Fidelity sells life insurance through Fidelity Life Association . The company was established in 1896 as a fraternal benefit society in the state of Illinois . They are licensed to sell life insurance in all the states except Washington and New York . They sell to both individuals and groups . Their products include Term , Universal , and Whole Life Insurance , many of which do not require an exam .


Input: What Is So Bad About Annuities?

Output: Product selection is a client suitability issue , not a moral assessment . For example : People who consider tax deferred , fixed rate annuities are generally long term savers who desire a better interest rate than a mid to long term bank CD . They also may have a high effective tax bracket and desire to defer taxes , something a CD does n't do . There are also other crediting methods for tax deferred annuities that may appeal to investors . All saving and investing products need to be carefully weighed before any purchase to establish the product fit or it 's suitability for the client .


Input: Who Is Eligible For Medicare Part A And B?

Output: If you are a US citizen or legal resident , have lived in the US at least 5 years and you -LRB- or your spouse -RRB- have 40 quarters of Social Security wages , you are probably eligible for Medicare Part A and Part B. Most will get Part A at no charge but you will have to pay for Part B


Input: What's The Best Retirement Plan?

Output: The best retirement plan is the one that is suitable for you . To determine suitability , youll need to perform a personal financial profile that includes a risk assessment , your tax bracket and annual contribution amount . Your first step in to determine if your employer offers a retirement plan and if it offers a matching contribution . If that option doesnt exist , then the next step is considering a qualified or non-qualified plan . Your last step is to fund the plan with saving or investment option suitable to your financial profile .


Input: Can A Business Own A Fixed Annuity?

Output: That is a great question ! There are a great number of companies that hold fixed annuities as part of their retirement benefit plans . In some cases they are offered as an investment option for the employees , in other cases the company holds them to be able to fund the employee benefits to be paid at some later date . The annuities ensure the availability of income at that later date . Thank you for asking !


Input: Can A Business Own A Fixed Annuity?

Output: A fixed annuity is an annuity that pays interest at a guaranteed rate . There are two types , immediate and deferred . A business can own an immediate annuity . If the business were to buy a fixed deferred annuity it would not receive favorable tax treatment unless it was a part of the estate of deceased natural person , or was held within a qualified plan .


Input: What Does Life Insurance Test For In A Blood Test?

Output: A life insurance blood test , along with a urine test and medical records , are used to assess the risk to the life insurance company for offering you insurance . The blood test checks for any illegal drugs , prescription medications and any health conditions you may have .


Input: What Does Life Insurance Test For In A Blood Test?

Output: The blood test used for life insurance exams tests for HIV , cholesterol and other lipids , drug use , cotinine -LRB- a metabolyte of nicotine -RRB- , liver function , kidney function , and blood glucose . While not testing for specific diseases , the blood test results can point to a variety of diseases and further documentation may be ordered if exam results are questionable .


Input: Can You Deduct Medicare Premiums From Taxes?

Output: Medical expenses can only be deducted if they exceed 7.5 % of your adjusted gross income -LRB- AGI -RRB- . You are allowed to add Medicare premiums to out-of-pocket costs , which may put you over 7.5 % of the AGI threshold and cause your total itemized deductions to exceed the standard deduction amount . Also , people who continue to run their own businesses after qualifying for Medicare can now deduct the premiums they pay for Medicare Part B and Medicare Part D and the cost of supplemental Medicare policies .


Input: How Does Health Insurance Work While On Disability?

Output: How does health insurance work while on disability ? Since I just ended 12 months of disability that included many hospitalizations and treatments , I can tell you it works exactly the same as not being disabled . Disability insurance protects your income , health insurance protects your health . You can have both going on at once . Depending on your employment situation , how your health insurance is paid for may make a difference . Maybe your employer continues to pick it up , maybe it 's covered under workman 's comp , maybe you pay your own premiums . . the main thing is health insurance does n't go away if you 're collecting disability insurance .


Input: How Does Health Insurance Work While On Disability?

Output: Health insurance during a period of disability is an important , but confusing topic with many outcomes depending upon where the policy is sourced . If the policy was purchased as an individual than nothing changes . You must continue making premium payments as before . If the policy was purchased through work the answer depends upon whether you are subject to FMLA protections . FMLA stipulates that your health benefits continue on the same basis as when working . You will need to continue making premium payments , but wo n't have the advantage of pre-tax payroll deductions . If you are not subject to FMLA or once the twelve weeks are exhausted you could be eligible for COBRA extension . These premiums are often much higher because the employer contribution is lost . You could also purchase a policy through your state insurance exchange as a change in health plan qualifies as a life event .


Input: What Are Medicare B Excess Charges?

Output: Medicare excess charges are the difference between what your provider charges and what Medicare pays . This could occur if you go to a doctor that does not accept the Medicare assigned reimbursement amount . Example : You go to a doctor who performs a test for which Medicare pays $ 200 but the Dr charges $ 300 . The excess charge would be $ 100 . However , you can purchase a Medicare Supplement plan which will pay the excess charges .


Input: What Are Medicare B Excess Charges?

Output: The Part B Excess Charge is the amount above what Medicare approves for a procedure or office visit . Providers can bill you for excess charges if they do not accept Medicare Assignment . Because the doctor does not accept Medicare Assignment , he or she is able to charge an additional amountthis is the Part B Excess Charge . The doctor , however , is limited to charging 15 % over the Medicare approved amount . To avoid excess charges it is important to understand Medicare Assignment . This term refers to providers who WILL accept full payment by Medicare . If a doctor does not accept Medicare Assignment , he or she IS allowed to bill you for Part B Excess Charges . To find out if your doctor accepts Medicare Assignment you can always call their office or visit Medicare.gov and locate the physician information . If you do n't like the idea of paying Part B excess charges , you can consider purchasing a Medicare Supplement plan to cover that expense . In 2014 , there are two plans -LRB- F , G -RRB- that have that benefit . Thank you for reading my reply . Please let me know if I can be of further assistance .


Input: What Are Medicare B Excess Charges?

Output: Medicare Part B excess charges happen when you use a medical provider that does not accept Medicare assignment . Almost all providers will accept assignment because they want to get paid quickly and paid by Medicare . If you use a provider that does not accept assignment they are allowed to bill an amount over and above the Medicare allowance . That allowance is capped by Medicare . Some Medicare supplement plans will cover those excess charges .


Input: How Much Term Life Insurance Should You Have?

Output: There 's no exact figure on how much coverage someone should have and we all have our own needs and cost tolerance . A good way to figure out how much coverage you should have is by totalling up the debts and other expenses you want to have paid off in the event you passed away suddenly -LRB- e.g. mortgage , cars , kids college expenses , credit cards , other loans , etc. -RRB- . Then determine the amount of income needed for your spouse and kids if you died - this is generally around 70 % of current income amount - and multiply that by the number of years you want to make sure they 're taken care of at that level -LRB- e.g. 5 years , 7 years , 10 years , etc. -RRB- . If you have investment income or other sources of savings , the total amount of coverage needed may vary . This is a good starting point and should help you create an approximated figure of how much coverage you should have in place . The number of years of coverage depends on the need -LRB- some may be 15 years , some 20 , some 30 , etc. -RRB- . You should consult with an independent life insurance broker who can work with you on a personal level to determine how much coverage you should have to meet your goals and create a suitable structure for your budget . In many cases , you will likely need a larger amount of coverage for the next few years and less coverage down the line . For example , you can structure your coverage to have $ 1,000,000 of coverage for the next 20 years and have it drop down to $ 500,000 for years 21-30 . If you need coverage for more than 30 years -LRB- most do -RRB- , you should consider supplementing the term insurance coverage with a permanent insurance policy -LRB- universal life or whole life -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: Can A Physical Therapist Opt Out Of Medicare?

Output: Physical therapists can participate in Medicare and accept assignment or not . If they accept patients that are covered under Medicare they must also adhere to Medicare fee schedules and guidelines for submitting and documenting claims . Therapists that accept assignment file your claim with Medicare and are paid by Medicare . Those that do not accept assignment still are required to file your claim but Medicare pays you , not the therapist .


Input: Is Employee Life Insurance Deductible?

Output: Yes you can deduct premiums for life insurance premiums paid on a group life insurance plan that you offer your employees . You can deduct premiums that pay for up to $ 50,000 in death benefit to your employee . If you have employees to whom you offer more than $ 50,000 in death benefit , you can continue to deduct the premium , but the employee will need to recognize the cost of insurance above $ 50,000 as income -LRB- this is referred to as imputed income -RRB- . If the employee does not do this , than any death benefit above $ 50,000 would be taxable as income to the beneficiary .


Input: How Do I Find Out Who My Homeowners Insurance Is With?

Output: You can find out who your homeowner 's insurance is with by looking at the declarations page which will list your coverage , mortgage company and the insurer . If you ca n't find the declaration 's page , contact your mortgage company since they will likely have a record of it . If that fails , start calling different insurers !


Input: Does Whole Life Insurance Make Sense?

Output: There can be a place for Whole Life . Withpeople who are well-off , itcan be a convenient option to insure a business partner or loan , bequeath a charity , pay estate taxes , or leave a legacy to heirs . These folks already have substantial other investments . But that is not most people . the typical profile of a term life insurance owner is someone who is a family breadwinner and has minimal savings . It is critical protection . If you are in this category and are n't insured , get insurednow ! It is simple and inexpensive . To prepare you to speak with an agent and to save money , get some life insurance quotes so that you can compare rates . QualityTermLife 's website offer at current rates from over 50 top insurance companies .


Input: Does Whole Life Insurance Make Sense?

Output: Whole life insurance is a great vehicle for planning for the future . The premiums and death benefit remain fixed and guaranteed for life while the policy can build cash value at a great rate - this structure is known as a non-participating whole life policy . The other type is called participating whole life policy . These policies can pay out dividends which can be used in several ways : 1 -RRB- Decrease the premium - the premium would eventually hit $ 0 at some point and the policy would , in essence , be self-sustaining meaning the dividend is equal to or greater than the premium for the program -LRB- if greater , the difference can be used to increase the cash value or increase the death benefit -RRB- 2 -RRB- Purchasing paid-up additions - these additions increase the face amount of the policy 3 -RRB- Increase the cash value at a faster rate The question of whether whole life insurance makes sense for you depends on the need for the coverage . If you want to use it in the form of a retirement vehicle , you would want to take out the policy when you 're young to give it time to grow . If you are buying purely for the death benefit , I recommend you look at purchasing a Guaranteed Universal Life policy -LRB- these policies maximize the death benefit and minimize the premium as they do n't focus on the build-up of cash value -RRB- . If you only need the coverage for a set amount of time -LRB- e.g. 20 years -RRB- , then you may want to look into term life insurance . While whole life has many advantages , it is also the most expensive form of life insurance . Consult with an independent insurance broker to find out which program is appropriate for you - brokers can also look at a variety of options from multiple carriers rather than just one . Send me a private message on here if you 'd like assistance with your program -LRB- you can also visit my website - a link is on my profile page -RRB- .


Input: Does Whole Life Insurance Make Sense?

Output: Whole Life Insurance covers the person for life . The premiums remain constant . If you love someone and anticipate that love will have permanent obligations , then whole life insurance is the cheapest life insurance you can buy . The reason is simple . It will pay the death claim . When you anticipate short term obligations , such as a mortgage or loan , term insurance makes perfectly good sense . Whole life is designed for those obligations that will not go away .


Input: What Is A Paid Up Life Insurance Policy?

Output: A paid up life insurance policy is one for which no more premiums must be paid . If death were to occur , the death benefit would be paid to the beneficiary named in the policy , even though premiums had not been paid since being notified of the policy being a paid up policy .


Input: What Is A Paid Up Life Insurance Policy?

Output: A paid up life insurance policy is exactly what it sounds like - it is a policy that is all paid for . Therefore , no more premiums are due while the policy remains in force and the death benefit will be paid upon the death of the insured . These usually are an option when someone stops paying on a whole life policy before age 100 . The premiums that the insured has paid up to that point are used to purchase a `` paid in full '' policy , of course with a lower death benefit than the original policy was offering . For more information connect with me at : www.PaInsuranceMadeEasy.com


Input: What Is A Paid Up Life Insurance Policy?

Output: Paid up in life insurance mean no premiums required to keep the death benefit in force . So when you see something referred to as paid up life insurance , it means that the death benefit requires no more premiums to remain in place , and will never require premiums in the future to keep the death benefit in place .


Input: Will Medicare Pay For Blood Tests?

Output: Medicare Part A will cover blood tests done as an inpatient in a hospital or skilled nursing or rehab facility , and Part B will cover blood tests done as an outpatient in any setting , when the blood tests are ordered to diagnose or monitor a condition or disease . Medicare Part A and B does not ordinarily cover routine blood screening . However , some preventative screenings have recently been added to the blood tests that are covered under Medicare part B : diabetes screening for those who are high risk for diabetes , one blood test every 5 years to test cholesterol , HIV tests for those who are high risk or pregnant , and prostate cancer screening yearly . For specifics see this brochure : WEBSITELINK


Input: What Is The Right Car Insurance Coverage?

Output: The right car insurance will be wrong for one person and the best option for another person.Confused ? Sorry . Let 's try this : Everyone 's `` right '' coverage is different . The variables such as cost , coverage and policy benefits are going to be different for each person . An experienced broker can compare all of the options and show you what is the `` right '' plan for you . That is ... what policy costs the least , but offers the best benefits .


Input: How Long Should I Have Life Insurance?

Output: How long you should have life insurance depends on the purpose you want your coverage to serve . If you want life insurance to pay for you funeral or memorial service expenses , then you really need to have a permanent policy . How awful it would be to pay into life insurance to age 80 and then have the policy end . If you have life insurance to pay for expenses that will cease to exist after a period of years , then you can get life insurance coverage that lasts that number of years . A great example of this is 30 year Term Life Insurance to cover a 30 year mortgage . If you want life insurance to provide income during retirement , you could buy Indexed Universal Life that you pay into until retirement age , then draw on without paying any more premiums the rest of your life . Many people purchase different lengths of policies to accomplish different needs . If that is too much for your budget , just buy what you can afford . Something is always better than nothing .


Input: How Can I Lower My Auto Insurance Premium?

Output: Lowering your auto insurance premium is the easiest when you have an experienced broker working with you . We shop the top-rated companies so our customers can save the most money . Specifically , in addition to comparing rates , increasing deductibles and taking advantage of all available discounts is a great start to cutting your car insurance costs .


Input: How Can I Lower My Auto Insurance Premium?

Output: You can possibly lower your auto insurance premiums by changing your deductibles for your collision and other than collision -LRB- comprehensive -RRB- coverages . If you do not already have your renters/homeowners coverage with the same carrier as your auto insurance you could look into changing carriers to your auto insurance carrier and possibly receive a multi-policy discount . Or as a last resort you could possibly lower your coverage amounts .


Input: Who Does The Spendthrift Clause In A Life Insurance Policy Protect?

Output: A spendthrift clause in some life insurance policies is intended to protect the beneficiary of the policy proceeds from creditors by paying the policy proceeds as periodic income rather than in a lump sum . Some policies allow the policy owner to select this settlement option for the beneficiary . Otherwise , the beneficiary selects this . The payout could be arranged as a fixed payment for as long as the money lasts or for a fixed period of time . The proceeds are then usually protected from creditors . Creditor protection via life insurance varies by state and may provide only limited protection . Contact your legal adviser for more on how this might apply in your situation .