imsumit18/insurance_training_data huggingface dataset:
Children can be on their parents' health insurance plans until they are 26 years old. However, it may be more cost effective at a certain point before then to have them go on their own individual plan or group plan through their employer if they are employed. You should consult with an experienced health insurance broker regarding your family's insurance plan benefits and costs to determine the if there is a more suitable program for your family's specific needs. I hope the information is helpful - please feel free to contact me for help and if you have any other questions. Thanks very much.
The rate depends on many factors including your age, where you live, your health and whether you smoke. Monthly rates could vary between $25 per month to $250 per month (or much higher) depending on these factors. And of course, different carriers such as Anthem, Aetna, Cigna, UnitedHealthcare etc... will charge different premiums. To view rates, you can visit a reputable website that offers free online quotes. There is no obligation and you can easily apply online for coverage after viewing your best options. You may also receive a federal tax subsidy when State Exchanges are operational. Naturally, an experienced broker can also assist you.
What is better for the person buying the life insurance policy, depends on the need for which the person is buying the policy. If the need is temporary and the applicant is on a limited budget, Term insurance can be a cost effect way to meet a temporary need. Whole Life is excellent for final expense, business succession, and estate planning purposes, because it is sure to be there at the time of death, which is when it is needed.
Yes it does. There is the added exposure of someone falling into your pool and drowning or being injured, which could reult in a lawsuit against you. The liability coverages in your homeowners policy would provide you with coverage for attorneys expenses to defend you and a possible payout, up to the liability limit in your homeowners policy.
If you are looking for Cheap Renters Insurance, Renters Insurance is very inexpensive. The best way to purchase Renters Insurance Online is to request the lowest Personal Property (Contents) Coverage needed, the minimum Personal Liability Coverage needed and the highest deductible that you can afford; this will provide the cheapest quote. There is a link providing an online format to obtain a quote and buy renters insurance online in multiple States; it may be useddirectly by Consumers. A great way to buy renters insurance online! WEBSITELINK
Renters insurance will provide protection for your personal property, personal liability, and loss of use up to the policy levels possibly subject to a policy deductible. If you have renters insurance and your rented premise is damaged by fire, smoke, or lightning (to name some of the covered perils). 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.
Purchasing health insurance for an LLC is no different than applying for an individual or group health insurance plan. If the LLC has few or one one employee then individual policies would make the most financial sense. If the LLC wants to provide benefits for all its employees then either a small group plan or a defined benefit plan will make sense. Group's plans require an in depth fact finding analysis to uncover the true needs of the group. Important factors include: Size of the group Number of employee participating Amount employer wants to subsidize - if any? Type of benefits Are employees local or spread out among states The new trend in 2014 for small group is setting up a defined contribution plan (section 105 plan) where the employer subsidizes a set amount to employees tax-free and the employees use that money to offset their health insurance premium, costs etc for the individual plans they purchase.
As and Insurance agent I would have to say yes it should be required. As a consumers pint of view I can see why you would not want the extra expense. But The policies on average are 10 to 15 a month and it lowers your car insurance that much a month with many carriers if you bundle it. What little you are paying for in the event of a loss you would be glad you had the coverage. What a renters policy is paying for is many things from Liability if someone get hurt at your apartment to if you had a fire and had to stay in another place till you could move back in it would cover your living expense. It also covers to replace your thing like clothes and furniture and much more. Many home owners that are renting out the home with some carriers they require that if you are renting the home that they have to have the renters get renters insurance. There are more benefits to having it then not.
In order to drive a vehicle in many States, the law requires a licensed driver to be insured! If the driver does not own a vehicle, a policy form is available by the name of 'Named Non-Owner' Insurance; this insurance provides liability and optional uninsured motorist coverage for the named insured driving a vehicle not titled in his/her name. If you have a Named Non-Owner Insurance policy, the carrier upon request will issue an SR-22 endorsement to the Governing State Department of Motor Vehicles. In the event that the insurance is cancelled, an SR-26 cancellation form is issued and sent to the Governing Department in order to confirm cancellation of the insurance thus cancelling the SR-22. If one does not desire to purchase the insurance and is merely attempting to get a Form SR-22 issued, there is no method to do so without keeping active insurance for the term that the SR-22 is required. The SR-22 is simply a reporting form confirming continuous coverage. Many States now require electronic reporting between insurance carriers and the State Department of Motor Vehicles.
Insurance companies base their pricing on mounds of historical data. They carefully review statistics common to the industry as well as those specific to that company's loss experience. This risk analysis ultimately results in the rates we pay for the products that company offers. Over a great many years, statistics have tended to show that younger less experienced male drivers tend to be involved in more claims than their young, less experienced female counterparts. That being the case, and all other things being equal, it would cost more for a male to insure a car than it would for a female to insure the same car.
If the household relies on both of you as wage earners, then both of you need life insurance. One major factor to consider is annual salary. You should get at least 3 - 5 times this number. Other things to consider is amount of debt (mortgage, credit, loans etc.), children's college tuition and any attained assets currently owned. All these things among others should be considered when figuring out how much life insurance should be purchased for the wage earner. This is why it is very important to speak to an Agent about purchasing Life Insurance.
Renters INsurance can go into effect fairly quickly so lon as your insurance professional has binding authority with the company in which the policy is issued. Assuming that to be the case, working with your insurance professional, the application process is really pretty easy and quick. In our case, we could issue a Renter's policy in about 15 minutes.
Beginning in 2014, under the new affordable care act, everyone will have to have health insurance or pay a penalty (also known as an "individual shared responsibility payment"). If you choose to pay the penalty instead of securing coverage, you will still be responsible for 100% of your medical care. The penalty is calculated in one of two ways (you pay whichever is the higher amount). In 2014, the penalties will be calculated as: 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 calculations will change each year. In 2015, method one increases to 2% of your yearly household income and method two increases to $325 per person. In 2016, it will increase again to 2.5% for method one and $695 per person for method two. The penalty methods will be adjusted for inflation in later years.
Why is whole life so expensive? Because it is the ONLY product that really will cover you for your whole life. You are paying a premium that is LOCKED in time, they can't come back and raise the price. Finally, when you buy whole life, YOU control the policy. Nothing can be done without your permission. I guess I would add this, the insurance industry is an industry of math. It is statistic driven and risk oriented. If you were an insurance carrier would you charge the least or the most for the product you bare the most risk from for payout? Once an insurance company has sold a whole life, they're no longer in charge, the insured is.
In my personal opinion Travelers home insurance is a superior product. Also Travelers has excellent customer service and claims handling. As an independent agent I work with many different companies and the one that rises to the top and receives praises from my clients continually is Travelers Insurance. Make sure to discuss the details with an agent as Travelers has several package options ranging from Silver to Platinum.
Hyoscyamine is a medication used to control symptoms resulting from various GI tract illness and conditions. The drug can be used for for relief of stomach ulcers, IBS (irritable bowel syndrome), colitis and other illnesses. The drug is sold under various brand names including Levsin, Symax, Anaspaz and other names. Check your Part D drug formulary for coverage and benefits.
Life insurance quotes are distributed through career, brokerage and company direct. Historically these offerings have not been as competitive as brokerage distribution channels, who offer many life insurance products from various companies. Some of these companies are on line. If the web site doesnt display several companies or a calculator that displays a spreadsheet of all companies, its not worth reviewing.
Group Disability Insurance is disability insurance coverage offered to a group of employees through their employer or entity for which they work. It is one of the benefits offered to some employees. If the employer pays the Disability Group Insurance premiums for the employee, disability income benefits would be taxable to the employee when used.
Health insurance for one person in Texas can cost as little as $25-$40 per month (short-term plan) or much more, depending on the age of the person to be covered, their zip code and what medical conditions (if any) that they have. Shopping and comparing the major carriers will always save money. As an experienced broker, our job is to do the shopping for you. We take your information and quickly provide the companies in your area that will offer the lowest rates. It's that simple. Starting in October (2013), Open Enrollment will begin and many affordable plans will become available to Texans that have pre-existing conditions. A federal tax subsidy will be available (depending on your family income) that could potentially pay a large portion of your premium.
Medicare is "too big to fail" but that does not mean there won't be changes. Funding and benefits will need to be adjusted in order for the system to survive. Medicare is like a balloon. You squeeze in one place and it bulges in another. Going forward, medical providers will have reimbursements squeezed, deductibles and premiums will rise. The biggest threat to Medicare beneficiaries is the Obamacare IPAB that will oversee medical treatment.
That is a great question! And the great answer is yes, you both can have your own Roth, and contribute to each. There are limits, so if your individual incomes are in the low $100k area, you can cap out, and if together your combined income puts you at $180k or above, you can max out also. As long as you fall in between that range, go for it! Good luck, and thanks for asking!
A life insurance unit is $1,000. Life insurance is priced per unit. So if you wanted to purchase a $500,000 life insurance policy that costs $2.00 per unit, the cost of the policy would be $1000 per year, plus policy fee. Most people do not see the unit price when purchasing life insurance, but buying a child rider is a time when the unit price is often shown and you are given the chance to pick how many units you want you want in the rider.
There are hundreds of species of mold common to the United States. Small areas of visible mold that build up on moist areas in a home not only look bad but are also a health risk, the mold may cause allergy like symptoms and/or breathing difficulties. Basic home insurance policies, generally limit coverage for mold or exclude it. It is very easy for mold to grow given suitable conditions in a home that doesn't show pride of ownership; mold claims became so excessive in prior years, the insurance industry chose to limit or exclude coverage rather than raise premium to address the growing claims. Although the standard coverage will vary from State to State as well as vary between insurance carriers, it is important to view your specific insurance policy to find out if there is coverage for mold and what the limit is.In some cases, a carrier will actually allow an extended amount of coveragefor an additional premium. It is best to maintain a clean and moisture free structure to prevent the growth of mold. In homes with a basement, it is important to remove all moisture as quickly as possible following any leaks. The Federal EPA recommends homeowners clean up any area affected by mold which is less than 10 square feet using bleach or a suitable product, any area larger than that should involve a professional.
All premium quotes are dependent on the final underwriting outcome based on health, gender and age of the proposed insured. Heres an example, more of a rule thumb. Participating Whole Life Insurance purchased as a base policy with no riders is generally 20% over its guaranteed universal life (GUL) counterpart. A 30 year old male nonsmoking with super preferred health covering $100,000 of GUL is averages around $550 annually with the top 25 the leading life insurance companies. The average participating whole life policy should come in around $675 annually. Always check the rate quoted by any online life insurance service to confirm the cost before moving forward.
STM (short term medical) insurance is real major medical insurance . . . but with some limitations. STM plans do not cover any pre-existing conditions. The application process is simple, usually 5 yes/no questions or less. A "yes" answer is an automatic disqualifier. Most STM plans have a simple design of a deductible then coinsurance. A few have copays. Every one I have seen includes an Rx discount plan and some have PPO networks. Benefit periods are on a month to month basis with most plans issuing a maximum of 6 months although a few offer 12 month policies. When the benefit term expires so does your coverage. There is no renewal. Instead you apply for a new plan with new underwriting and new pre-existing limits.
Almost anyone who wants to buy a life insurance policy can do so. If they are buying it for themselves as the insured person, they must have some sort of income or assets to financially qualify for the amount they are purchasing. If owning a policy on someone else, there must be a close family tie or insurable interest. In the US, those buying life insurance must be citizens, have a Green Card, or (with some companies) have a work Visa.
Homeowners insurance generally excludes any type of activity involving a motor vehicle. The question does not really give enough information to answer the question adequately. What this all comes down to is liability. Are you responsible for someone else s bodily injury or property damage and then how did it happen?
The exclusion ration on immediate annuities is referring to the part of the payment that represents the tax free return of basis or the original contributions. The exclusion ration is amortized in the annuitized payments to the annuitants life expectancy. Once the basis is recovered, the payments going forward are entirely gain and taxed as ordinary income.
If the laptop is broken as the result of a covered peril the renters policy will pay to make it whole. The payment will be subject to the deductible and if the computer has depreciated very much your reimbursement might not be significant. If the computer is damaged by negligence or if it simply is running out of gas, then it probably wont be covered at all.
Medicare HIC stands for your Medicare Health Insurance Claim number or code. It begins with the Social Security number of the wage earner under whose benefits the eligible person is receiving Medicare. E.g. If you are receiving benefits as the result of yours having paid into Medicare the required period of time, the Social Security number would be yours. If you are receiving Medicare benefits under your spouse's employment, the Social Security number would be his or hers. The suffix behind the SSN indicates your relationship to that person.
Retirement planning is paying yourself. Disciplined despots into a retirement plan from every paycheck, no matter how small can help you develop a habit that you'll appreciate when you retire. You only need to look to the baby boomer generation and their under funded retirement accounts to give you a glimpse into your future. How you save today will determine your lifestyle in retirement.
There are local career agencies and brokerage shops in Michigan that offer long term care insurance. But you may also want to use online brokerage firms that offer an inventory of companies, sometimes with side by side comparison spreadsheets to understand which company is most competitive. Genworth is one of the leading long term care insurance companies in the market place.
Yes and no. Settlement amounts which are to cover vehicle repairs or even replacementand amounts to cover medical expenses resulting from the accident should not be taxable. Ifyou are compensated beyound medical expenses and vehicle repairs or replacement, such as lost wages, etc. These amounts may be taxable. Tax laws change from year to year. Consult your local tax advisor to know what would be taxable under your set of circumstances.
There are only a handful of universities that offer degrees in Insurance. If you are looking for professional training law would probably be the most helpful, particularly if you want to be involved in estate planning or commercial insurance. A degree in marketing would prepare you for that aspect of the insurance business. Actually, insurance agents come from a wide variety of educational backgrounds.
It depends which two people you are referring to. Naturally, ahusbandand wife in their 60s will cost much more than a young couple in their 20s or a single parent in their 30s with a child. Zip code, smoking status and type of plan will impact prices as well. As brokers, we need specificinformationbefore we shop all of the top-rated carriers and provide consumers with the best rates. Once we have that information, it's easy to show rates for different types of coverage.
A life insurance certificate is a certificate of insurance saying that a policy was purchased, and that outlines the basic provisions of the policy. When you are enrolled in a group policy, you may be given a life insurance certificate. You may need to order a certificate of insurance to prove to a lender or other entity that you have that coverage. For your own individual life insurance, having a copy of the policy is sufficient and preferable.
Medicare only pays for medically necessary treatments, surgeries, procedures, and medications. Medicare does not cover surgeries that are for cosmetic purposes. Abdominoplasty that is not medically necessary to correct a related to a heath condition, therefore, will not be covered by Medicare. Some Medicare Advantage plans may cover drugs related to having the abdominoplasty done.
There are plans available for anyone. Usually if a person is in very bad health there will be a graded death benefit for the first two or three years. The healthier you are the better your rates. If a person is very healthy that person can get preferred rating. If a person has Aids or some other serious disease they would have to go guaranteed issue and pay higher rates.
The reason many people rollover their 401 k plans is generally to have better control over the account if you are leaving that company. Also you have better control rather than having to contact the old imployer. You may get a getter return on your 40l k with a different investment firm,
To be eligible for Disability Insurance (DI), you must have health that meets the company's underwriting guidelines for that policy. It is harder to qualify medically for Disability Insurance than it is for Life Insurance, because so many more health conditions can cause a Disability than can cause a death. But a good Disability Insurance brokers can guide you to the right policy. You must also have an income in order to be eligible for Disability Insurance. Homemakers or others who do not receive a steady income are, unfortunately, ineligible for coverage. And some occupations will disqualify you. That being said, most people can get Disability Insurance and it is a very important part of a secure financial portfolio. A good Disability Insurance agent will be an immense help to you in determining whether you are eligible for affordable DI coverage.
The lender that provides your home loan is typically the vendor that sells mortgage life insurance to you, as well. When death occurs, the lender is paid the benefit of the policy, so that their portion of your loan is paid off. Life insurance can be used to cover a mortgage, however. It is more competitively priced than mortgage insurance and the death benefit does not decrease as your loan decreases. The beneficiary is the person of your choice. They can use the money to pay off the mortgage, or else spend it on other things if it makes more sense to keep the mortgage.
Since most of their locations are franchised, it would depend on the franchise owner. Typically, if coverage is offered, it may not be paid in full by the owner. But most importantly, can you get a good haircut at Great Clips? It's just my opinion, but my answer would be Yes!
Should you buy long-term care insurance in this economy. The most important factor is "your" economy. That is, if your business is insulated from some of the recent economic problems we have been facing, it should not have as big of an impact on your decision compared to most others. However, if you are concerned about your income in the next 5-15 years, this should be taken into account. Of course, you can always start with a lower amount of coverage to keep premiums lower.
Product suitability dictates whether you should purchase a non-qualified annuity or not. You first need to establish a personal financial profile that includes a risk tolerance assessment, defined financial goals, an estimate of your life expectancy and a determination of your effective tax bracket. This will assist you in your product suitability self-examination.