imsumit18/insurance_training_data huggingface dataset:
To get car insurance you would need at minimum you would need the vehicle identification numbers of all vehicles that you are getting coverage for, the drivers license numbers of all personsto be covered, the dates of birth of all persons to be covered, address of persons to be covered, garaging address of vehicles, and other personal information of parties to be covered along with required payment by carrier.
Most people I talk to wish that they had bought their life insurance a few years ago. One man recently was kicking himself around the block for not doing so. Obviously, the older you are the closer the company is to the day that they will have to pay a death benefit. In other words, as you age you become a greater risk to the company and the company must charge more to compensate.
Homeowner's insurance can potentially pay for a lost diamond if you have it "scheduled" on your policy. When this is done, you are covering the ring for a specified amount, and generally all risks are covered. The premium charged is in addition to the regular policy premium. There also may be a rider that extends coverage to include that risk, althoughschedulingis often the best option.
Insurance companies make promises. They are regulated by the state insurance commissioner who has two charges, keep the insurance companies able to keep their promises and to keep you as a consumer happy. There are many criteria that could be used to compare homeowners companies. The overwhelming majority of companies are going to keep their promises and pay claims as they occur. The best way to find a good homeowners insurance company is to contact a good insurance agent. If you dont have an agent, get a recommendation from a friend, colleague or neighbor. The advice of the agent is what is critical and a good agent will not want to represent any suspect insurance company.
Since you are asking this in the critical illness section I will assume you have health insurance. Your major medical health insurance plan will pay the bulk of your medical bills but you will still be personally responsible for your out of pocket costs including copay's, deductibles, coinsurance and so forth.
If your brother does not live with you and heoccasionallydrivers your car, he would be covered inmoststates. However, if your brother moves in with you and lives in your household, in moststates the insurer will require him to be listed on your policy as an additional driver. Of course, if he has his own car that is insured, it will be much easier.
A profit sharing plan is an employer qualified defined contribution plan based on the salary level of the participant (employee). The contributions are tax deductible. The plan account accumulates tax deferred. The distributions are taxable as ordinary income. A profit sharing plan is under ERISA (The Employee Retirement Income Security Act of 1974.
Lenders normally require a mortgage holder to provide hazard insurance to cover the lenders interest in the property. This is normally interpreted to mean, a homeowners policy. The amount of coverage requested by the lender does not necessarily match the replacement cost for the residence. In California the mortgage holder cannot be forced to carry insurance in excess of the replacement cost of the residence. Your insurance agent can compute the cost of the policy that you require.
It depends. In some cases your coverage stops the last day you were actively at work. In other cases, coverage continues to the end of the month or it may continue through the end of the following month. In most cases you will be eligible for COBRA and continue for up to 18 months.
The best way to choose a Medigap Policy is by working with a licensed independent agent who specializes in Medicare Supplement insurance. We work closely with you to make sure you understand the benefits associated with each Medigap Plan. All Medigap Plan benefits are standardized, so if you want the benefits of Plan F, it's the same exact coverage with every insurance company. The only difference is the price. An independent agent who specializes in Medicare Supplement insurance can work with you to make sure you get the benefits you desire. We shop the insurance market to find the best priced premium. This is a great option as opposed to calling or applying online to an insurance company. Often they are the companies with the higher premiums. It's always in your best interest to start off with the lowest premium for the Medigap plan you want since premiums do increase over time. Thank you for reading my response. Please let me know if I can be of further assistance.
Your premium price tag depends on your gender, age, smoking status, health history, current medical condition and paramed exam results. Your premium price tag is also dependent on your behaviors like: motor vehicle violations, dangerous recreational activities and vocational hazards. A nonsmoking married couple in good health and both age 60 will pay around $300 a month for a long term care policy with an inflation rider for $7,000 of monthly benefit and total benefit of $420,000.
Critical illness insurance will protect you and family from the financial burdens that would come along with it. Many people survive critical illnesses like heart attacks, cancers, strokes etc. only to end up filing bankruptcy from being stuck with steep medical bills. With the right plan and benefits you can minimize or eliminate your out of pockets expenses in the event of a critical illness and have something left over to help pay your personal bills while you are recovering.
Your employer will notify you of your COBRA rights within 30 days after your group health insurance plan terminates. You have 60 days in which to exercise your COBRA rights plus an additional 45 days before your premium must be paid. Premiums for your election are retroactive to the first day your of COBRA benefits.
Yes, as long as you are able to pay your premiums on time. I am not aware of a carrier that asks for a persons employer name or even employment status when they are applying to receive automobile insurance coverage. If you are able to make your insurance premium payments on time the insurance carrier will more than likely provide you coverage for as long as you wish to be provided coverage.
It depends on which Province you live in. In Ontario, you don't pay a premium for basic healthcare but in British Columbia you do. We moved away from Canada because the taxes were so high so "free healthcare" is up for debate. Also, Doctors can be hard to find in some areas.
Life insurance proceeds are exempt from income tax. If there is a part of the life insurance policy that is income earned beyond the death benefit (such as dividends or interest), that will usually be taxable. Also, if the policy is a MEC (modified endowment contract), income tax would be paid. If the proceeds are large enough to warrant estate taxes, federal estate taxed may need to be paid, depending on how the policy was set up.
At this time yes you can. However that is soon to change. Beginning in January of 2014 the affordable care act mandates that no one can be denied coverage based on pre-existing conditions. You will be able to take out a policy in or out of the exchange. You also cannot be charged more premium because of your health.
In order to determine the right coverage to fit your needs you really need to have a sit down with a local agent who can consult with you on the rightcoverage's. Without giving us any specifics of what we are trying to protect it is impossible to advise you.
Ultrasound exams are usually a few hundred dollars when you have health insurance. The Health Care Blue Book shows a price of $158 for an abdominal ultrasound including physician fees. Ultrasound on other body parts may be more or less. You should ask your doctor about costs in advance and negotiate an acceptable rate.
If you are asking about a living, breathing person and you have no ownership in the life insurance policy, then there is no real way for you to find out other than ask them and hope they will tell you. If the person has already died and you are trying to find out if there is life insurance, you should start by looking at their checking account records. A bank draft from a checking account is usually the way it is discovered. The listed beneficiary will be able to get the information from the insurance company once they provide a certified death certificate.
When permanent life insurance is a good thing? That depends on who you ask! Some would say only if you have dependents or someone you want to leave an inheritance to. But the fact is that Whole Life is perhaps the safest way to grow your money! It offers a guaranteed interest rate and with mutual providers it also offers dividends. It is a much better vehicle to save and grow your money that any bank instruments - guaranteed returns and Liquid for your use. Also with tax benefits not offered anywhere else! So when is permanent life insurance a good thing...ALLways!
Yes, it is highly recommended. Unless you have significant savings set aside for 30 months or so, you may need to consider disability insurance. The average disability can run 30 months. Most working Americans have 90 days in cash reserves. Is it important to have a paycheck coming in? Disability insurance is paycheck protection.
Medigap plans are standardized (there are 11 options total) meaning the benefits are EXACTLY the same, regardless of which carrier you purchase it through. Several of the major things to look at when shopping for a Medigap plan are the plan benefits (e.g. plan F, plan G, plan N, etc.), the premium, and the premium rating method (community rated, attained-age rated, or issue-age rated). If you want to have coverage that creates a predictable expense structure throughout the year, you will want to look at a plan F or a plan G. If you're willing to take on a larger share of the risk of expenses to keep your premium down, you may want to consider a plan Hi-F, or a plan N. Most companies will use the attained-age rated (rates based on your current age) system such as Omaha, Anthem, CareFirst, Cigna, Humana, and many others. United Healthcare uses the community-rated (rates are not based on age). There are a few carriers that will use the issue-age rated (rates based on age when plan is first purchased) as well such as Everence.
To apply for Medicare Part D in New Jersey, a good website to go to is: WEBSITELINK . There you will find some Medicare Part D plans to enroll in and how to enroll in Medicare Part D plans in New Jersey. They also provide a phone number where you can contact them to enroll in Medicare Part D.
Traditionally, you can get up to 20-30x your income level of life insurance. The medical history does not necessarily limit how much you can get. The medical history determines the risk classification which controls the premiums for the coverage you want to put in place. When it comes to breast cancer, the details of the medical condition will determine which carriers will offer coverage and what the risk classification would be (each carrier has different underwriting, you may not get the same risk class offer from each of them), The best thing to do is to shop the case via an independent insurance agent/broker who can shop it to multiple companies. You do NOT want to apply to multiple companies as this can work against you due to the MIB (Medical Information Bureau) - from a company's point of view, it's sort of like a red flag if you will if they saw you applied to multiple companies which they can check the MIB for. In order to secure the most accurate quotes for the coverage, a number of factors would need to be known such as when the cancer was diagnosed, what stage is it in/was it in, how was it treated, has treatment been completed, are there anymore tests scheduled or that need to be completed, are you being treated for any other conditions, what prescriptions do you take, family medical history, and other factors. If you have a copy of the pathology report, that will help with a lot of the input. If cancer is current, guaranteed-issue whole life (GIWL) will be the only type of coverage available as it doesn't have any medical questions or exam requirements. However, the amount of coverage available under a single policy is $20,000-$25,000, depending on the carrier. To get more than that, you would need to stack multiple policies. Under GIWL policies, they traditionally feature a 2 or 3 year graded period - meaning you only have accidental death coverage during those periods, otherwise the carrier just returns the premiums paid into the policy if death occurs during the graded period. After the graded period expires, the full benefit is payable. Carriers typically only issue fully-underwritten coverage if the cancer has been in remission/treatment completed for at least 2 years. Many carriers prefer 5+ years from the date treatment was completed for a more favorable risk class. Send me a message via the "contact me" button by my profile picture if you would like me to assist with your coverage. My group is licensed with about 50 different carriers in numerous states. I hope the information is helpful - please let me know how I can be of further assistance. Thanks very much.
According to www.irs.gov, $50,000 or less of group-term life insurance that is carried directly or indirectly by the employer (meaning the employer pays for some or all of the life insurance for employees OR arranges for the premiums paid by at least one employee to subsidize the premium for at least one other employee), does not have any tax consequences. Life insurance coverage over $50,000 that is carried directly or indirectly by the employer, will include on the W2 the amount of the premiums that is taxable to the employee. A policy that is not carried directly or indirectly by the employer has no tax consequences to the employee.
Yes you can. The rate will depend on age of onset and degree of control. You will probably pay a higher rate but you can get insurance. A good independent life insurance agent or broker can look at your individual situation and find a company that is affordable for you.
More than likely not. Insurance policy's are written for a specific person (and ther immediate family member living in the same residence). Transfering a coverage from one insured to another is virtually impossible and have the policy premium be proper for the risk that the carrier assumes for the risk.
The best life insurance to get is going to depend on many factors. The most prominent one being why are you taking out the policy. Otherwise, I would say a whole life policy is the one that will provide a lot of bang for the buck in most cases. To ensure that you get the policy that is right for you contact your local agent and discuss your needs and expectations so that they can direct you to the policy that best fits.
Any Medicare beneficiary should always file all of their medical claims their Medicare, as well as their Medicare supplement plan, any time they receive care., especially for hospital services that are covered under Medicare Part A, which is provide at no cost to any eligible US citizen that worked, and paid income taxes, for at least 40 quarters before becoming Medicare eligible.
Every disability insurance policy has differing definitions and communicates its contractual language in complex clauses or policy provisions. That being said, a general definition is any prolonged illness and/or injury that incapacitates you in your ability to work verifies by a physician constitutes a disability event. Again, make sure you read the policy provisions and have a good understanding before moving forward with your purchase.
As far as competitive premiums. I prefer Federal Life, Banner and Trans America. But again, every client's situation may differ on need, current health, past health and budgeted allowance for protection. What is the product being used for is it mortgage protection, income replacement or consumer debt? Are there any dependent children? Many factors in providing the right plan for the right situation.
what is a SIMPLE retirement plan? A Simple is an inexpensive opportunity for a small business to have a retirement plan that doesn't break the bank in advisor fees. A Simple plan is an IRS approved plan with only a few steps to follow so expensive testing and record keeping aren't necessary. For any small business who are considering a retirement plan to offer, this should be right on top as it does provide a great platform for a business who would rather use it's money to put towards employees retirements rather than third party administers plans.
Car insurance rates are rarely a moral issue. If guys have worse driving records than young women, the company can ask many states to allow them to rate them separately. In California, that isnt an option. There are only a few rating factors in California and sex isnt one of them. That doesnt make insurance cheaper, it merely means that there isnt a distinction between male and female drivers in California.
There are a lot of answers here which are all correct so I will take a little different approach. Asking the question When does Whole Life make sense is really talking about your situation. If you are looking to protect your family while the children are at home, then Whole Life may not be the best solution or if you have a loan such as your mortgage, Whole Life may not makes sense. However, if you are looking for Lifetime Coverage with not only a death benefit guarantee, because I can give you a death benefit guarantee for a lot less, but a guaranteed cash value to use as necessary in the future years. Whole Life is also used in some type of plans for businesses which is required to be fully guaranteed as well.
Nursing home care is covered by Medicare in some circumstances. 1. You must stay in a Medicare certified skilled nursing facility. 2. You must enter the nursing home after a qualified inpatient hospital stay of at least three consecutive days (starting with the day you enter the hospital, not counting the day you leave). 3. You must enter the SNF (skilled nursing facility) within 30 days. 4. Your doctor must have ordered the SNF stay due to your need for more than custodial care on a daily basis, and the SNF care must be for something treated during the qualifying hospital stay. 5. Medicare Part A pays for up to 100 days of nursing home coverage.
PPO is a "Preferred Provider Organization," which is a network of doctors, hospitals and other facilities that will offer their services at contractually lower prices to members affiliated with them. Often the discounts are substantial which saves individuals and families hundreds or thousands of dollars. It is a medical care arrangement where the insurers may pay a fee to become part of the actual Network. However, since their charges for procedures and other treatment is reduced, they may gain market share by writing more policies. Most major health insurers offer many PPO plans that help keep premiums low, while providing top-notch treatment and service.
There may be some exceptions. Carriers generally charge the same rate whether you use an agent to purchase your insurance or buy direct. The agent sales model has evolved over time and commission rates have been reduced as more people use the online model. But at this time there is not a cost savings to buying direct. The same holds true for Life Insurance. Using an agent provides you with advice and makes shopping multiple companies easier.
Term life insurance is cheap because it only pays out if death occurs during that period of time. The lower the age, the lower the actuarial risk of passing away, the lower the price. To get a policy that will be assured to be there to the end of life, the premium may be reasonable, but not necessarily "cheap". Knowing it will be there for your loved ones at the time of need can definitely make it worth the cost. That is not to say there is not a need for cheap term life insurance. Thankfully, both Term and Permanent policies are available so that coverage is available and affordable for nearly anyone who wants it.
Every financial product purchase has a value proposition, including long term care. Based on all the present gerontology statistics and ever increasing life expectancy, youll want to secure the maximum coverage for the longest period. Keep in mind that this includes the convention nursing home confinement our parents knew as well as todays popular assisted home living.
An auto policy covers an automobile, not a driver. If you are not the owner, and dont have any other insurable interest, you cannot be named as the insured on the policy. The information about being a loan holder is important. You named to be named on the policy as a lienholder. If you lease the car to someone else than you also need to be named as the additional insured.
Suze has a nice piece online entitled Truth About Annuities. She devotes a lengthy paragraph to variable annuities. She lays out the basics of variable annuities with a slight negative undertone, a disparaging down her nose expose. There are some contentions in her paragraph worth a rousing conversation.
Your renters insurance may provide some limited coverage for a lost engagement ring less your deductible. Many renters policies will provide limited coverage for jewelry, electronics, appliances, and other personal items. Please remember every policy is different. Read your plicy completely to understand the coverage provided and any exclusions that there may be within.
In order for a Disability Insurance policy to pay for time off from work due to maternity or childbirth, it must be a Short Term Disability policy. The terms of the policy will depend on which Short Term Disability policy you choose. Keep in mind that you can only purchase this type of coverage before becoming pregnant.
Great question. If you are asking what is...the cost...for a homeowner's policy, this may help you. Home policies are rated based on age of home, type of construction, occupancy and location. In my state, Florida, the distance to water is very important as well as the type of roof. There are two styles, gabled roofs (which are popular in the Northern States) and hip roof (which is a newer style and has better resistance to wind. (We have hurricanes here.)
The answer to your question is going to depend on if it is "cosmetic surgery" or is it medically necessary. Medicare and all health insurance policies have strict regulations about paying for "cosmetic surgery" and then what happens if you have complications from the suregery? I would recommend you rule out "cosmetic surgery" because once the invasion is made it exposes you to all the possiblities of infection or other complications. You can go to WEBSITELINK and type the procedure into the inquiry window and see what medicare says