imsumit18/insurance_training_data huggingface dataset:
You can only apply for health insurance outside of the annual enrollment period if you qualify for a special enrollment period (SEP). This goes for health plans both on and off the health insurance exchanges. To qualify for a special enrollment period, you must have a "life-changing event."Qualifying events include: 1) Getting married 2) Having a child 3) Adopting a child 4) Fostering a child 5) Moving out of your current coverage's service area 6) Losing your existing health insurance under certain conditions including: 7) Loss of group coverage through your employer 8) Your COBRA coverage expired 9) You get divorced 10) You come off your parent's group coverage 11) Your plan was terminated by the carrier 12) You lose your Medicaid eligibility, CHIP eligibility, or similar situation 13) Becoming a U.S. citizen 14) Leaving incarceration 15) Becoming a member of an indian tribe: those in a federally recognized tribe can apply for new coverage/make changes to their existing coverage once a month throughout the year Please note, voluntarily terminating your existing coverage or your coverage was terminated by the carrier because you didn't pay your premiums are NOT considered qualifying events for a special enrollment period. Please let me know if I can be of further assistance. Thanks very much.
Perhaps this question is best answered by the statistical averages gathered over the years by LIMRA (Life Insurance and Market Research Association):- Only about 7% of agents that sign on with a single insurance company remain with that company past the first five years.- The percentage that remains in the business after departing from their first insurance carrier is around 20% and each year that percentage declines.- About 3% of all individual sales representatives that enter the insurance business remain in the business for 20 years or more.- The average age of a life insurance agent today is about 57 years old.It has been said that if you can sell life insurance, you can sell anything. As a career, being a life insurance agent can be very rewarding, but it is highly unlikely that life insurance will be the only line of insurance you sell unless you become highly specialized and work with other advising financial professionals as a team in the high-net worth market. Otherwise, you will find it necessary to sell other lines of insurance, notably health, DI, Annuities, LTCi, or property-casualty insurance (auto, home, liability, etc.) to pay the bills.Sometimes, insurance agents become securities-licensed and obtain various professional designations that allow them to practice financial advisory services and sales of stocks, bonds, and mutual funds. This is a fairly recent trend and usually results in the sale of life insurance being a rare occurrence due to all of the other responsibilities of being a financial advisor.Perhaps the most rewarding thing about being a life insurance agent (or being licensed to sell life insruance, among other things) is being the person that "delivers the check" to the survivors of someone that died prematurely and on whom there was a high level of financial dependence.
Life insurance costs more for men simply because men die sooner than women on average, according to actuarial tables. The difference in rates between men and women is not as much at younger ages and for short term insurance. It is in longer term and permanent policies, and policies purchased at an older age, where the price increases for men show up more. That is because the policy is insuring the male to an older age, and the chances of mortality are higher.
If you take care of 6 kids or less some homeowners insurance companies will let you endorse day care coverage on the policy. However this is a very limited coverage. Otherwise you would need to purchase day care insurance which runs on average in my area of Northern California of 1000.00 annual. Generally you would need to work with an independent agent who can find you the right coverage.
There are many carriers out there all can be quite "Cheap" But be careful when shopping for rates cheap doesn't always mean you have the proper coverage. Also depends on what type of coverage you are looking for. When shopping online there are times that the rate is fantastic then you find out that they are not even allowed to sell insurance in your state. you also have to think about in the event of a claim can they be reached and you talk to someone local? Buyer beware make you are covered properly like the old saying goes if it is to good to be true then most likely that is the case. However I do have some carries that I have a client in that has full coverage on a car and only $143 for 6 months of coverage with low deductible now that is cheap but her coverage is not. So the key is making sure you know what you are purchasing before you put the money out. A Local agent or the States insurance commissioners office can assist you in finding what you are looking for
Ask yourself these questions: Do you own your home? Do I want to pass it to my family? What about my other assets? If I had to go to a nursing home do I want to have to spend down my assets to qualify for Medicaid? What will my family do if this happens? Proper planning can help insure that when your time comes that you need care your family will not have to suffer the burden of taking care of your personal needs. Help will be available to allow you to stay at home rather than being forced into a nursing home and losing all your hard earned money and assets. Talk to a good Care Resource Planner familiar with not only Long Term Care Insurance, but also Medicaid, Veterans Benefits, and other sources that could save you literally thousands of dollars.
If your health insurance plan has it's pharmacy benefits integrated then it probably will. The type of plan and the scope of it's coverage will dictate how exactly such a medication is handled. If one has a "rich" level of coverage then one should have no problems what-so-ever, however with plans that offer "thinner" coverage and benefit options one may have to have their Dr. contact the insurance company to state that the medications are a medical necessity (which could be due to ones mental health-depression) this should meet the requirements to obtain approval for such Rx's for E.D.
Yes, up to the policy limit. You will need to check on your policy forms and look at the cash coverage. Its usually up to $1500, but may vary with different insurance companies. Talk with your insurance agent and have him or her explain the circumstances of this coverage if cash was taken from you.
Disability Insurance is a morbidity product with no accumulating cash values. The benefits of a disability insurance product are not considered an asset, but an insurance claim. Although most disability insurance claims are tax free, businesses that expensed the disability insurance premiums as a tax deduction, receive the benefits taxable as ordinary income.
Depending on where you get the policy if your purchasing online and understand the coverage's then it may be less then 30 min. I know that our agency can quote with 10 carriers and have a policy issued with in 15 minutes or less. So longs as you have all your information right infront of you most companies can issue a policy with in 15 to 30 minutes max.
Renters insurance is for renters of homes and apartments as house insurance is for those who own the house. Renters insurance protects YOUR property if there is a loss from say a fire. The biggest issue is what kind of policy you have. Does your insurance give yoy replacement cost or just current value. There is a big difference. Think about what you stuff costs today versus purchasing brand new.
Almost all people with lupus are able to get some type of life insurance policy. Mild, well controlled, systemic lupus alone should not keep you from getting any amount for which you are financially qualified. If you have had recent flare ups, are on steroids, or have complications from your lupus, you may need to take a nonmed policy. There are some no exam policies that do not ask about lupus, and that have reasonable rates. Contact a good impaired risk life insurance agent that carries lots of choices for those with health conditions, and you should be able to get affordable life insurance while having lupus.
Yes. And has worked in the United States for more than two centuries. It is rare for a company to deny a claim and very rare for a company to deny a claim outside the contestable period. Contestability varies by state. In California and most of the states that I am licensed in it is two years.
Do not drive your new car without insurance. If you have a policy in place that covers physical damage you should be automatically covered long enough to call your agent and notify them of the new vehicle. Otherwise you are driving uninsured which is not only breaking the law but risking a potential cost you can not pay. A dealership if they are doing their job will not let you off the lot without first verifying you have an insurance policy in place.
IVF, otherwise known as In Vitro Fertilization would generally not be something that medicare would pay for. Typically medicare provides coverage for treatment that is considered medically necessary. Without knowing the details of your particular circumstances and medical requirements it is difficult to answer this type of question definitively. I strongly recommend that you contact medicare directly at 800-Medicare to find a definite answer to this question.
I am not an employee of Bank of America but yes just like most banks today they do sell life insurance and annuities. BoA has subsidiary life insurance companies through Merrill Lynch, General Fidelity Life Insurance Company, Meritplan Insurance Company and Newport Insurance Company. Even now some insurance companies now have banks.
You should stop paying for life insurance when you have eliminated all your financial liabilities and future obligations, including charitable intent. You could also stop paying for life insurance if you have no beneficiaries, business partners or charities. You could stop paying for your cash value life insurance if the performance of the policy results in the policy sustaining itself to maturity. To be sure of the performance, or lack thereof, you need to order an in force ledger from the life insurance company.
A landlord will require a tenant to have renters insurance to help protect them and you and your family. Renter insurance provides liability coverage and personal property coverage for the insured. The liability coverage will provide for a covered loss occuring that the insured is deemed responsible for and the personal property coverage provides for personal property due to acovered loss. If you would like to discuss details of renters insurance coverage, please contact a a local agent to have them go over it with you.
The best to place to purchase insurance is from an agent. If you dont know an agent get a recommendation from a friend, colleague or neighbor. A good agent will listen to you, provide sound financial advice and communicate clearly with you and the insurance company. Setting limits and tailoring coverages are the agents job and many are quite good at it.
This is just to help flesh out the above answer. The two basic thresholds for getting a commercial auto policy. 1. You have a type of legal business entity in place (e.g. Corporation, S-Corp, Partnership, LLC) and you want there to be a company car; OR 2. You are doing business as an individual and you have five or more automobiles associated with the business. While that is easy, it gets more difficult if you do not own the company, but are merely and employee or agent and you are using your personal automobile for business purposes. The business will have to add an endorsement to its Commercial Auto Policy to cover other owned vehicles, so you have coverage. However, the limits associated with liability on your companies Auto Policy might not be high enough to cover you in a serious accident. Here is where you will have to coordinate your personal auto liability coverage with your companies liability in order to make sure you are adequately covered. Hope this helps.
There are several reasons to considering buying Supplemental Disability Insurance. 1) Group Disability policies usually pay 60% of your income in event of disability, and if your employer paid the premiums, the benefits are taxed. Thus, the benefit you actually receive may be approx 45% of your income. Supplemental Disability Insurance is not taxed and can possibly raise this benefit to 70% to 80% of your income. 2) Any group benefit will be lost when you leave the group. Having Supplemental Disability Insurance can be valuable if you no longer qualify for Disability Insurance upon separating from a job and its group benefits. 3) Group Disability coverage is often "own occupation" the first two years, then changes so that you will no longer receive your benefits if you can work at ANY job, not just your OWN type of job. Supplemental Disability Insurance can extend the own occupation feature to last longer than two years. You could also add other features such as a Cost of Living Adjustment rider.
Group Variable Life Insurance (or GVUL) is a combination of term insurance with a cash component that allows you to allocate your money into "separate" investment accounts. Depending on the carriers, those choices allow for mutual funds, etf's and bond funds, as well as a Guaranteed Principal Account (GPA). Many times the coverage is Corporate Sponsored which means that the employer pays the term cost and you the employee has the option to contribute through payroll deduction or bank draft. GVUL is a what Suzy Orman would call, buy term and invest the difference, except that the difference is placed in a product that you don't pay taxes on while it grows (because it is inside the life insurance) and when you take it out (if done properly) can be taken out tax free.
Unless the issue is caused by a covered peril your homeowners insurance would not pay for any of the repairs to correct the foundation issues. A foundation issue is typically considered a maintainance issue. Please read your policy completely to know what is covered and what exclusions there may be or contact your local agent to have them go over the policy with you.
If you're insured with a reputable company and a good agent, your renters policy should include theft. All a renters policy is is a homeowners policy without the building coverage. It's there to cover your stuff and your liability. It's rare, but there are companies that offer coverage that may not include theft. This coverage form is called "Basic Form" and it will not cover theft. Never, never, never accept a policy written on a basic form for your renters coverage. The most common form is Broad Form, and it will cover theft. Most companies and agents will use this when writing your renters policy. Don't accept anything less.
In order to answer that question an agent would need to know the year, make and model of the Mustang. The coverage's desired. Who is the driver or drivers which would include date of birth and drivers license number. After obtaining this information a quote can be obtained. I don't have to state the obvious but a base model Mustang and a Salene Mustang will have completely different rates. Also a 50 yr old driver vs. a 20 year old driver will have a difference in rate not to mention the driving record.
In Wisconsin Rural Mutual Insurance Company which is a part of Farm Bureau Financial Services offers renters insurance. I can only speak for Wisconsin, but Farm Bureau Financial Services does operate in other states within the United States and handles personal lines with other companies in those states. If you are in Wisconsin give me a call and I can try to help you with coverage if you are not in Wisconsin, then I would suggest contacting your local Farm Bureau office to ask them for a local agent.
Under The Affordable Care Act there will not be any medical underwriting associated with getting a health insurance policy issued. That means that if you are not in great health, you can still get health insurance to help pay your medical expenses. There are also federal subsidies available that are income-based where you may qualify for government assistance to pay a portion of your insurance premiums.
I would like to say a Retirement Income Certified Professional (RICP) however, that would be self-serving. You should carefully choose a person whose advice you can trust. While the procedure to start a plan is routine, at some point you will need to make changes and ultimately derive income. This requires experience.
That is a great question! The answer is one of those , "no, but you should" answers. Like health insurance isn't mandatory, having it is very wise, and not having it has penalties. It iskind of like that with your prescription coverage. While it isn't mandatory to have, the cost of your prescriptions without it is often prohibitive. A prescription that Medicare covers may only cost you a couple of dollars, that without the coverage would cost $45-50 dollars or more. On a fixed income, and looking at stretching a retirement fund, I'd wholeheartedly recommend that you enroll in the plan. Thanks for asking!
This depends upon your state and your insurance carrier. I will first speak generally then about the Michigan rules. General: anyone who is a family member and living in your home is covered by your auto insurance. Anyone who is borrowing your car with your permission is covered. Those are the major general coverage. Michigan: no-fault insurance goes like this 1. owner of the car, 2. driver of the car, 3. someone in the car, 4. a household family member who has no-fault. The general trend in Michigan is to find someone with insurance and make a claim against it, to prevent a mini-tort. I hope this helps.
There are many folks out there that have a company vehicle or other transportation provided to them. While the exposure is different it is still you driving a car or truck. so, you need coverage too. Don't be confused by the fact the company that owns the vehicle ( typically your employer has liability insurance) . Liability will generally be something you might have in Excess of their coverage. However it is not unusual for you to need coverages such as Medical Payments and Uninsured Motorist. Especially with large employers you might think the employer has a heavy protection for their employees, that may be true for liability but ask your employer about Uninsured or Under insured Motorist Coverage The way to approach securing non owned coverage is the same way we would recommend you obtain any insurance need. Call or visit an agent on line and ask for a quote. If you live in AZ,CA,GA, MO or TX we would be glad to assist you further.
Esurance is an Allstate company. The Esurance website says the following at the bottom of the page for other life insurance products, where it addresses life insurance: "Life insurance is offered through unaffiliated partners of Esurance. Esurance does not underwrite, provide customer service, or process or pay claims on these products."
You should sign up for Medicare in the three months before the month of your 65th birthday, the month of your 65th birthday, or in the three months following the month of your 65th birthday. If you miss that enrollment period you can sign up between Jan 1 and March 31 each year.
Medicare Part B covers most outpatient treatment that Medicare considers medically necessary. Just a few of your covered expenses include doctor visits, lab work, X-rays, CT scans, MRI, medical transport (ambulance), Emergency Room, outpatient surgery, infusion therapy in a clinic or hospital setting. Some infusion drugs are also covered by Part B.
Krystexxa is a medication used to treat gout and can be effective when other treatments have not produced the desired results. FDA approval for Krystexxa was granted in 2010. In 2011 Medicare assigned a treatment code to Krystexxa. Krystexxa is infusion therapy, covered under Medicare Part B. Due to the cost ($60,000 per year) there may be limits placed on how many treatments will be approved by Medicare.
Dependent children can be covered under their parent's health insurance policies up to age 26. The main questions are the timing of your wanting to add this dependent to your coverage or if a change of life status event has occurred that allows for the addition of a dependent to your policy. If it's renewal time for your coverage then it's simply a matter of requesting the paperwork to add thedependent to your coverage. In the context of group health insurance plans it is quite likely that if it is outside of your plan's open enrollment period that a change of life status event will have to occur for you to be able to add your dependent to your coverage. The most common change of life status events are marriage, divorce, birth of a child, adoption of a child or loss of other health insurance coverage. If you had the dependent during your last open enrollment period and did not add them to your group's policy at that timeand there has been no change of life status event in the interim you will almost certainly have to wait until your group's next open enrollment period. Also, in one of the quirks of ObamaCare, spouses are not technically defined as dependents (I know, it doesn't make any sense but remember our politicians didn't read the law before they passed it). So, with health insurance rates rising sharply you are seeing more employers not providing spousal coverage, or allowing spouses to be covered only of they do not have coverage available through their employers (if they have one), or you may see an extra charge assessed for covering a spouse that has crappy coverage elsewhere. Just a word of warning regarding possible surprises you might encounter in wanting to add a spouse to your coverage.
If you are living in the same household then he should put you on the list of drivers. The insurance follows the car and that is linked to a household. The person buying the insurance is in the household and can loan the car to whoever he wishes. The insurance covers the automobile. If you are not living together there wouldnt be anything gained by putting you on the policy.
How to set up a personal retirement plan is a process. First start with the end in mind determine what retirement success would look like for you. Once you have an idea then you can determine what it would take to fund it. Retirement planning can be complex as there are many factors to consider and it is easy to put it aside for another day. The saying the journey of a thousand miles begins with the first step is applicable here - start saving a regular percent of your earnings today. Let the power of compound interest work for you. If you would like to work with a local Retirement Planner, you could start with a Google search. For example, if you search for: retirement planner Halifax or retirement planning Halifax, my name, along with several others, will come up. You can use the same method to find Retirement Planners in your community. If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
A good retirement plan is a financial strategy that should address income and long term care needs based on life expectancy. Establishing a milestone event like retirement can be daunting when youre young and life expectancy could extend beyond our understanding or the mere fact that Social Security may not even exist as we know it. But for baby boomers, retirement is a looming certainty. Most baby boomers will outlive previous perhaps by a decade (living to age 90) and most are planning on working until age 70 to contribute another five years to their retirement fund, maximize their income from Social Security and forced distributions from their qualified plans.