imsumit18/insurance_training_data huggingface dataset:
If you have an agent that you trust, start there. Insurance companies respond to complaints and you can usually reach the company by mail, email or in many cases, directly through the company website. The insurance commissioner in your state is also interested in your complaint. My recommendation is to approach the three levels that I mentioned one at a time, giving each sufficient time to respond. If you complain everywhere at once, it can cause a lot of confusion.
Aetna Life Insurance is a Final Expense type policy. Final Expense meaning a policy which gives you a lower face amount with minimal underwritting needed. $35k is the maximum death benefit you can get. There are 3 different plans available. A level plan, graded benefit plan, and a modified benefit plan. Even if you are not healthy, you may qualify for a policy. If you would like more information, please do not hesitate to contact me. Thank you.
Life insurance proceeds are not taxed. The proceeds are directed to the named beneficiary. This is also a great option for estate planning. Tangible assets depending on how it's structured, may be taxed. It's best to meet with a licensed professional to design a program that can eliminate taxes to be paid. Life insurance can offset any taxes to be paid.
One of the first changes to come from the passage of the Affordable Care Act (ObamaCare) when it was passed in March of 2010 was to extend the period of time that a child could be covered as a dependent under their parent's major medical insurance. Children can be covered under their parent's health plan up to age 26. The child does not have to be dependent uponthe parent and it does not matter if the child is employed and has coverage available through their job or if they are married and could be covered under their spouse's health insurance.
An SR22 is nothing more than an administrative trail of the status of your auto insurance coverage. The form is filed because the State licensing agency has determined a need to be aware of the status of your coverage, usually due to failing to have insurance or having committed any of several offenses of driving laws. An SR22 is merely attached to your insurance record and your carrier agrees to submit status updates to your state bureau of motor vehicles. An SR22 does not provide any coverage.
Yes, Medicare covers DME supplies if they are prescribed by your doctor and are for use in your home rather than in a health care facility, long term rehab center, etc. In addition, Durable Medicare Equipment must be long lasting, used for a medical reason, and not useful to someone who is not sick or injured.
It can vary a lot from one person to the next, and even what city and state you live in. In my area of the country (the mid-west) I would save an average person spends from $60 - $150 / month for full coverage car insurance. Your credit will play a role in your rate as well as your driving record and even what other drivers might have access to your car.
First consideration is whether the plan should be qualified or non-qualified. If your tax bracket is high and/or your employer matches some of your contributions, a qualified plan should be considered. If your tax bracket is low and your employment doesn't offer a match then non-qualified plan should be considered. Once you establish whether the plan should be qualified or non-qualified, then funding your retirement with the proper product is next. To do this you need to establish a personal financial profile that includes a risk tolerance assessment, your financial goals and a life expectancy review.
You can secure health insurance by enrolling in the Patient Protection and Affordable Care Act (PPACA) or Obamacare. Youll need to find out if your state sponsors one of the health exchanges. Not all states do. Enrollment starts October 1, 2013. You can also go online to see the listing of local medical agents who offer health care as part of their practice.
Car insurance rates on a 19 year-old will vary, depending on where you live, your driving record, the type of car you own and your coverage. It could be quite cheap or fairly expensive, if there are multiple violations. As an experienced broker, our job is to shop all of the top companies for customers and utilize our websites to research and compare the best choices.
You're generally getting your health insurance coverage from one of two places, the individual market or your spouse's group coverage. If you qualify for a subsidy, you would want to look at health insurance ON the exchanges - subsidies can only be used for on-exchange policies. The first open enrollment period under the Affordable Care Act ended on March 31, 2014. If you're looking for an individual policy, you will need a special enrollment period (a qualifying "life-changing event") to purchase a plan outside the open enrollment period, otherwise you may be subject to paying a penalty. The penalty in 2014 is the greater of: 1) 1% of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan. 2) $95 per person for the year (If under age 18, then $47.50) featuring a maximum penalty per family of $285 under this method. The penalty figures will change in future years. Consulting with an experienced broker is always a great first step to learn more about plans available in your area and discuss and compare quotes. Please feel free to contact me for further assistance. Thanks very much.
If you are sued for bodily injury or property damage, your homeowners policy will provide coverage up to the limits of the policy. In this process they will investigate and settle the claim. They are not required to provide a defense after they have paid an amount equal to the policy limit. This provides coverage for a person who is on your insured premises with your permission and is injured because of a condition on the premises or an activity that involves you, This also covers your domestic employees and animals although there may be limitations to the coverage on dogs. There is also limited coverage for other peoples property that is damaged by you.
Because life insurance is all about statistics companies can provide life insurance for individuals in a wide range of health. There are some who cannot obtain coverage because their longevity is in immediate risk, however, many who consider themselves uninsurable actually can obtain coverage. When life expectancy is not very long, the premium for the coverage is going to be quite high.
Health insurance for individuals is available from almost all major health insurance companies. The cost is based on many factors including your age, zip code, height/weight, smoking status and health conditions. Monthly rates could be as low as $22 for a young person covered on a short-term plan. However, the rate could also be several hundred dollars per month (or much more) if you were older and had some serious health issues. In 2014, health conditions will not be used in determining the rate you pay. Also, a federal tax subsidy will be available for those that qualify. State Exchange Marketplaces will be operational in each state. An experienced broker and also a very reputable website can provide specific prices and quickly determine the best plans for you. There is no cost or fees when a broker is used. Myself, like all other agents/brokers never charge any fee.
Yes, absolutely they can. When you fill out an application, you give them permission to check your medical records, and unless your policy is extremely small, they certainly will check those records. That is the only way they can be sure they are not missing a major medical issue you were not frank about. Protect yourself. Be honest and get the coverage you need. If necessary, drop the amount, so long as you have coverage for your family. Thank you. GARY LANE.
Before you break out your HP12c calculator, consider this. Almost all proposals illustrate internal rate of return on both death benefit and cash values. If you have an existing life insurance policy you can order whats called an in force ledger and request the internal rate of return on both death benefit and cash values.
Any Home or Auto insurance company can drop you. Home insurance is not guaranteed renewable. The company has a right to drop you or raise your premium at each renewal. This can be done because of claims experience, deterioration and maintenance of your home, or in some cases a company will pull out of an area or state completely. This happened in Florida because of the frequency of hurricanes.
Not all! Accidental discharge of water and its attendant damages is normally covered. This means when there is an accidental discharge of liquids or steam from the plumbing, heating or air-conditionaing the loss is a covered loss. It is very important to understand what is not covered. Flood is one of the most common causes of loss in the US and the homeowner's policy does not cover it. Water back up such as from a blocked sewer line is not a covered loss (some companies offer the coverage as an option.) When there is repeated or continuous seepage or leakage from a system in the house that is not covered.
As long as it is not a group plan or a Medicare Advantage plan you can. An individual health plan or Medicare Supplement can be cancelled at any time. A group plan may require a qualifying event in order to make changes. A Medicare Advantage plan can only be changed during the annual Open Enrollment unless there i a qualifying event.
Not if the ring is not "scheduled" specifically for coverage as a rider to your Homeowners' policy. Homeowners covers your belongings for specific perils, as listed in the contract. If an item is "lost" or "mysteriously dissappears", these unfortunately are not covered perils in a Homeowners policy. If the ring is scheduled on a rider or insured separately on it's own such policy, then the lost ring's replacement would be covered.
How much does a New York Life agent make? Well it goes from zero to millions, depending on the agent. New York Life is a commission based company that pays agents for completed transactions in insurance and equity investments. Since the company is based in New York all commission payments are based on the State of New York's restrictions on commissions. So in many cases this means the New York Life agent makes less upfront on sales than other agents. Commission payments tend to be stretched out over time with the policy.
It is always best to talk to your Insurance Professional about the specific terms and conditions of your policy. In general, a Homeowners policy will help you with damage that is caused by a "covered peril" as they are listed in your policy documents. There may be situations where the water damage to your interior walls but the repair of your roof may not be included. In general, Insurance does not pay for damage that is an ultimate result of wear and tear or neglect so it is always a good idea to look over your property as each season changes to see if anything needs attention.
Car insurance companies that do business in your state are regulated by two state insurance commissioners, your state and the state where the company is domiciled. Your state commissioner is trying to allow companies to operate in your state that will keep their promises. The best auto insurance company is one that keeps its promises.
MetLife and its related companies have the most assets and life insurance in force than any other U.S. Company. John Hancock has the best five year net investment yield of U.S. carriers.There are life insurance companies who are the number one in several critical balance sheet items.
A garage door is part of the dwelling so this means the garage door is covered by the same perils of the policy as the rest of the home minus your deductible. If it's attached to the home is part of the home. If it falls free then it's personal property and not dwelling.
Life insurance agents' wages vary widely in Illinois, as they do across the nation. If the agent has a lot of high wealth clients and can sell a large range of products, they can make hundreds of thousands of dollars. On the other hand, many agents in Illinois and other states are unable to make a living in that career. How much you make depends on hard you work, who you know, and getting some breaks.
When you purchase disability insurance through a website or a local agency, remember to ask for quotes from at least two carriers. Most agents have the means to receive quotes form multiple carries, so they can show you a few different options. Don't just pick the cheapest product. Listen to your agent when she explains the different riders and provisions so you receive the BEST policy, not the most inexpensive.
A mutual life insurance company is owned by their policy holders who select a board of directors, generally by a proxy vote to operate the company on their behalf. Every year the board of directors generally declares a dividend which in turn is distributed pro rata to their policy holders.
No, life insurance is not usually considered income for income tax purposes. If you receive the death benefit in regular payments rather than a lump sum, the interest only will be considered income. There are some caveats to this, especially with cash value policies. But generally speaking, life insurance is not counted as income.
Auto insurance is priced based on several variables including: The type of car covered The age, gender, and marital status of the insured The coverage amounts elected by the insured For this reasons it's difficult to say exactly what you'd pay for coverage in any specific state However it is potentially noteworthy that Utah ranks number 12 within the nation for cheapest states in which to purchase auto insurance. This statistic comes from Bankrate.
Now that there is Open Enrollment for health insurance, here are the general guidelines. In 2014, Open Enrollment will run from 11/15/14 - 2/15/15. The earliest effective date will be 1/1/2015. There are certain events that will allow you to get health insurance outside of Open Enrollment. For example: If you lose employer coverage, if you have a change in your income, if you have a child, etc.
Your coverage will vary from policy to policy and carrier to carrier. Typically a renters insurance policy will provide coverage for losses caused by fire, smoke, lightning, and other perils. It will also typically provide some monetary coverage for accidents that occur on your covered premise that you are deemed responsible for and money to secure another place of residence after being displaced by a covered loss. Remember every policy is different. Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you.
$20 a month, if you have a serious accident and can't afford your $750 deductible it does not make any difference. I hope this helps.
I always recommend the highest limits of liability that you can afford. If you have a good insurance score, and a clean driving record, the premium difference between 50/100 (50k per person/100k per accident) and 100/300 will not be much relatively speaking. Also, it is a good idea to have a high limit of liability for property damage, such as $100,000. The national average vehicle liability award in 2008 was $326,628. That said, I always recommend at least 250/500 limits of liability. Additionally, I always recommend having an "umbrella policy" to increase your limits of liability. Ask your insurance agent for a quote on a $1,000,000 umbrella policy. Be sure to tell your agent of all properties or vehicles titled to you.
Philippine Prudential Life Insurance Company (Philippine Prudential) is a 100% Filipino owned financial services company. They offer endowment plans, whole life plans, group and permanent plans, healthcare coverage, education and pensions policies, and credit insurance. Philippine Prudential Life Insurance Company was established in 1963 and is headquartered in Pasig City, Philippines.
High deductible health insurance plans (often referred to as "HSAs), are one of the cheapest types of medical policies available to individuals and families. They are offered in every state by most of the largest insurers. Rates can vary between $40 and $500 per month, depending on your age, where you live and the deductible and co-insurance you select. If you qualify for a federal subsidy under Obamacare, your premium will substantially reduce.
Long term care insurance premiums will vary greatly according to age, health, features of the policy, and area in which the policy is purchased. However, you could look at the federal guidelines for how much premium can be exempted on income tax returns, to get a general guide for life insurance premiums. In 2013, they are: 40 and under: $360/single, $720/couple 41-50: $680/single, $1,360/couple 51-60: $1,360/single, $2,720/couple 61-70: $3,640/single, $7,280/couple 71 and up: $4,550/single, $9,100/couple
Think of the deductible as a form of self insurance. In other words, the portion you'll pay before insurance begins to pay on claims. Health plans usually offer a choice of deductibles have a lower premium cost if you choose a higher deductible. A higher deductilbe means you accept more cost upfront for the use of a health plan in order to receive a lower premium cost. After the deductible has been met, usually you go into a phase called "co-insurance". Co-insurance is the phase where you and the insurance company split the bill for care. A co-insurance level may be 50-50, 60-40, 70-30 or other combinations depending on your plan. For example if you had a plan with a 80/20 coinsurance provison and a $500 deductible and a bill for $2500 for a service. How it would be split up is as follows. The first $500 of the bill is yours. Of the remaining $2000, the insurance company pays $1600 towards the bill and you have an additional $400. Please note: once you've met your deductible for the year, you will no longer be charged it for claims, Co-insurance would be next. Then once you've met your co-insurance limits, your claims for the balance of the year (not counting copays) are covered at 100%.
Retirement, Survivors, and Disability Insurance is a reference to three of the benefits that Social Security pays to those who have paid into Social Security taxes. The "retirement" part refers to Social Security income that people get when they retire. the "survivors" part refers to the Social Security income benefits paid to dependents of a qualified deceased person. And the "disability" part refers to Social Security Disability benefits disabled persons receive if they are qualified.
When you applied for the life policy you probably had to indicate if you were involved in skydiving. If at the time that you completed the application you answered that truthfully and the company did not exclude skydiving from your policy, you are probably covered. If there isnt an exclusion for skydiving and the policy is more than two years old, you are probably covered. The statements on an application are representations and must be factually correct to the best of your knowledge.
The age to remember with health insurance is 26. Under the Affordable Care Act, children can stay on their parent/guardians health insurance until the age of 26 regardless of marriage status or enrollment in school. After the age of 26, the person must obtain their own insurance. Those under age 30 can obtain catastrophic insurance coverage for lower premiums than other ACA-compliant policies. With a catastrophic plan, preventive care is covered, but the individual is responsible for 100% of the cost up to the out-of-pocket maximum, which is $6,350 for individuals.
The license needed for disability is a health insurance license. However, something just to consider, go ahead and get both your life and health insurance license. You will find that most clients in need of disability also will need life insurance and vice versa. Also, some states will not grant you reciprocity unless you have both your life and health license. You may wish to cross license in other states as you grow your practice and this will become an issue. It really doesn't cost much more or take too much more of your time to carry both license together. Good luck!
Probably your term policy cannot be cashed out. There are term life policies that do develop a small amount of cash value; however, these policies often have restrictions as to when and how the policy can be surrendered for cash. If you want cash value in your life insurance program then speak to a licensed life insurance agent about permanent life insurance.
Tax deferred annuities have inherent financial value to those who are suitable to purchase the product. Any savings or investment vehicle can be misrepresented or misplaced in a financial plan. But that's a problem with the adviser, not the product. For those in high tax brackets or just someone who wants more than the banks are offering, annuities can make a real contribution to a retirement plan.
Because insurance is regulated by each state, there really is not only one answer to that question. Insurance companies are rated online for their financial strength, and customer satisfaction by several independent reporting agencies. My company posts our results on our website here: WEBSITELINK People choose different companies for different reasons, A friendly referral, price, or special features. What is most important to you?
Great question! One of great things about life insurance (as well as annuity contracts and IRA accounts) is the disposition is generally controlled by the beneficiary designation. Courts are very reluctant to interfere with a valid beneficiary designation. When do we see problems? When the account is not periodically reviewed and the beneficiary designation -- for example a parent is named and they have passed away but no new beneficiary has been named. Of course life insurance proceeds will generally become part of the probated estate when the estate is named as the beneficiary. Easy fix? Be sure to name primary and contingent beneficiaries and review them periodically! Hope that helps...
That would depend on your state regulations. In most cases landlords will recommend renters insurance and their are a few that will require it as part of the lease agreement. Renters insurance is there to protect both you and the landlord. Remember if the apartment building or the home you are renting were to burn down the landlord is not responsible for the replacement of your personal property in most cases and they typically will not provide the funds to secure another residence. Renters insurance can help with both. Contact your local agent to find out about all of the coverage offered with renters insurance and any exclusions that there may be.
The rule of thumb with auto insurance is, it follows the driver first and the vehicle second. If you are driving a vehicle that is not yours your auto insurance will typically provide coverage for the accident first and then if the claim exceeds your coverage a claim could also be charged against the vehicle owners auto insurance coverage.
Conventional wisdom is no later than age 50 when the potential morbidity events begin to increase and at age 62 for price considerations. Establishing a long term care insurance policy is part of defensive retirement planning and should be a high priority based on life expectancy and the average cost fo extended care during your senior years.
The best life insurance in Delaware will be a plan that fits your age, health and needs. Some companies specialize in wonderful Whole Life insurance, but their Term policies are not competitive. Some offer outstanding Term rates, but don't even carry Whole Life. You need to visit with a knowledgeable agent to determine the best policy in Delaware for your personal profile and the type of policy that will work best for you.