imsumit18/insurance_training_data huggingface dataset:
Not yet, but most individuals will be required to show proof of insurance beginning in 2014 or pay a penalty. Some groups of individuals are excluded from the mandate. This would include Native Americans and those who are excluded by virtue of a religious affiliation. If you are required to have coverage it must meet the minimum standards.
Unfortunately, term life insurance has no cash value to build up. Therefore there is no money to cash out. Think of term life insurance as renting your life insurance and permanent life insurance as buying life insurance. Cash value plans are policies such as whole life and universal life insurance. These are more expensive premiums but do build cash value for times when you need money.
Great Question. It is normal to switch your home insurance if you can get a better rate and coverage from another insurance company. You must inform your mortgage if you have a mortgage on your property. Make sure your new policy will cover the important things to you in your home.
Beginning in 2014 the PPACA, better known as the Presidents signature legislation, Obamacare goes into effect. Obamacare is a mandatory health insurance regulation that every American is legally bound to purchase, if they qualify under income means testing. If they elect not to participate, then the IRA will levy a penalty which the Supreme Court defines as a tax.
Genworth is a leading manufacturer and distributor of long term care insurance. Their long term care policies cover various options of elderly care from assisted living at home to nursing home confinement. The contract offers additional riders like the inflation rider that can mitigate rise in the cost of living.
You can sign up for Medicare online at medicare.gov. If you are nearing age 65, you can sign up in the three months before or after the month of your 65th birthday. If you would rather sign up by phone, you can call 1-800-MEDICARE (1-800-633-4227). Or you can go to your local Social Security Office to sign up for Medicare.
For the most part a very common cause of power surge is a lightening strike and this is a covered peril in most standard issue Homeowners' contracts. Sometimes, if power is lost as a result of a storm, when the service is restored there might be a surge and this too would be covered as it is a result of the storm damage.
Many factors affect the premium for your homeowners insurance coverage. Some these factors are: geographic location, reconstruction valuation of the home, number and dollar amount of homeowners claims that you have experience over the last five years, distance to the nearest fire department, distance to nearest fire hydrant, and many more.