imsumit18/insurance_training_data huggingface dataset:
Yes, State Farm offers term life insurance. You can contact a State Farm agent to get a quote. If you would like to compare their term quotes to quotes from other companies, be sure to compare the same terms, and check to see that all the guarantees are the same.
Go to WEBSITELINK to apply for Medicare online. This page is the government page to apply for Medicare online. You cannot use this page is you want to activate your social security at the same time. This page is for Medicare online enrollment only. If you already have Medicare Part A and want to sign up for Medicare Part B you should call Social Security at (800) 772-1213 to activate your Part B coverage.
Tax deferred annuities can be product solution for long term savers, investors or those in high tax brackets. Guaranteed fixed interest rate annuities that are 7 or 10 years may be too long a position with the recent uptick in Treasuries, so most fixed interest rate annuities with five year or less may be a consideration. If you believe the market has topped out and a correction is at hand then indexed and variable annuities could be risky products. But if your market expectations are positive both of those types of annuities could be a consideration.
That is a great question! The vast majority of people get Medicare when they are turning 65. The program will allow people under the age of 65 to enroll under certain conditions, like kidney failure, or if you have been on disability for a designated amount of time. The program is designed to help Senior Citizens afford health care, so unless you meet the exceptions, you will need to be 65 or older to enroll. Thanks for asking!
Any disability insurance policy is priced based on several factors of the applicant. These include age, gender, occupation and duties of that occupation, tobacco use, and the amount of coverage needed or desired. The amount of coverage is often dictated by the person's earned income; the more someone earns, the more coverage that is available. There are several policy design features that can be included in the plan (or not) that will also affect the price. The person's medical history can also play an important role in pricing. As you can see, there are lots of moving parts to a disability policy that will affect the price. Doctors often buy coverage to protect their specific medical specialty. Best to discuss this important insurance coverage with a knowledgeable professional.
That is a great question! While they may also look for other things, as a rule they will look for these things:Your sugar levels, for diabetes; cholesterol/triglycerides for heart disease/stroke risk; drug, alcohol and tobacco use (both illegal and legal drugs); chemicals that show kidney health and liver health; proteins that show cancer risk; HIV and hepatitis. All of these things help validate the truthfulness of your answers, and assess their risk insuring you. Great question, thanks for asking it!
Generally speaking, tax deferred index annuities use domestic and foreign indices for its crediting method. But there are three crediting method types within any one policy (sometimes more) that play a role in what you receive from the indice performance: spreads, rate caps and participation percentage. Participation determines what portion of the performance is credited to the annuity policy, i.e. 70% of a 10% net return would credited 7%.
Your chimney is part of your house and there fore is covered for many possible claims including fire. Theft is also included although admittedly, in my 32 years of experience as a premier broker, I have yet to see anyclientreport there chimney missing or stolen. Keep in mind that wear and tear of an aged chimney is not covered.
The short answer is no. Medicare will not run out of money. Any government program will never run dry as long as DC has the ability to print money. But since 2008 Medicare has paid out more every year than it has in the trust fund. Some projections say the trust fund will run dry by 2024 while others as soon as 2016
Allstate does offer life insurance through their subsidiaries: Allstate Life Insurance Company, Lincoln Benefit Life Insurance Company and American Heritage Life Insurance Company. To compare quotes from Life Insurance offered by Allstate with other life insurance quotes, you can visit a website with a quote engine that includes Lincoln Benefit Life.
Car insurance rates are based on several variables which are different for everyone. To start, what is your age, what is your driving history? What car are you driving and how much coverage do you want vs. need? Some companies look at your credit score as well. I wish I could tell you exact numbers however as you can see, the range could be inexpensive to pretty costly. Always shop around talking to agents to see what can be offered.
Disability insurance like most individual morbidity insurance products does not cover pre-existing conditions like alcohol abuse. Motor vehicle records can be used to detect DUIs. One of the urine analysis items covers liver function, which can detect alcohol abuse. Medical records of all attending physicians will be ordered include rehabilitation facilities.
It is possible to get an auto insurance quote over the phone, but to secure coverage the carrier will more than likely require you to meet with an agent to sign the application and verify that all of the information on the poliy is correct. A will typically not want to cover a vehicle for damage if no one from the company has seen thevehicle to verify its condition.
Will life insurance know if I smoke? Well, depending on how much coverage you purchase, if anyone else knows you smoke chances are they will too. First off, most insurance companies ask for an attending physicians statement and chart notes. So if you've told your doctor, you smoke. Second, many plans require labs so if you smoke it will show up in your labs. And finally, some states have enacted laws that skip the two year contestability clause on life insurance when the applicant lies about smoking. These states view this as no contract was formed and won't let the carrier pay a reduced benefit. Just a return of premium.
Medicare can pay for nursing home stays under certain conditions: 1) The nursing home stay must be within 30 days of a qualified hospital stay in the hospital of at least days. 2) There must be a prescribed medical need for daily skilled nursing or rehabilitative care. 3) The facility must be Medicare approved. 4) Medicare will only continue as long as the patient is showing improvement. 5) The first 20 days are totally covered. Days 21-100 charge a co-payment that was $144.50 per day in 2012. After 100 days, Medicare no longer pays any benefits for nursing home care.
Your policy provides your health plan information - it'll tell you the carrier name, your policy number, plan details including premiums, copayments, coinsurance, deductible, maximum out-of-pocket expense. If you're unsure of what you have exactly, you can always contact your health insurance agent to get more information. If you're looking for new coverage, I always recommend consulting with an experienced broker to make sure that what you have provides good coverage and meets your needs and budget. Experienced brokers will have an in-depth knowledge of products from multiple carriers, can review a wide range of options with you, and help you determine which program will best serve your needs. Please let me know if I can be of further assistance. Thanks very much.
If you have all of the information that is required by your local agent to get you a quote and you have the ability to pay the required downpayment you could have auto insurance coverage within minutes. When you go to see your local agent make certain that you have the vin numbers of the vehicle(s) that you are looking to cover and the driver's license numbers of the person(s) to be covered.
Under Medicare part A you will have a deductible for the first 60 days, a copay for next 60 days. After that you enter your lifetime reserve during which your Medicare cover is extended to a maximum of an additional 60 days during your lifetime at an even higher daily copay. Most people never use their lifetime reserve days but it does happen. After your lifetime reserve days are used you are responsible for 100% of the costs.
Great question. Health insurance can cover dentail if your plan offers dental insurance as well. Some plans offer dental with the health insurance. Most plans do not offer dental insuarnce. Dental insurance have to be purchase separte for the health insurance. You should check with your health insurance agent for more detail.
Renters insurance in Massachusetts can vary in price, depending on which carrier you are insured with and the limits of your policy. Typically, a rate of between $10 and $25 per month is common although the price could be much higher if you have scheduled property or other specialty items.
Under Obamacare adult children can stay on their parents' health insurance until they are 26. The law allows you to be on your parents's plan if you are married. You may have to convince your parents tha,t although you are married, can vote, drive and serve in the military, you still need to be on their health insurance.
Is it possible to go to jail for nothavingauto insurance. Yes it is possible. Slim but possible. Usually your looking at a hefty fine unless you are either a repeat offender or are involved in an accident or a combination of the two. It is illegal to operate a motor vehicle without insurance.
You are not required to accept the decision of the claims adjuster. The company does not have to pay if fraud is involved. Normally, this would go beyond suspicion or implication. Many companies have separate units to investigate fraud. These companies will often refer their files to criminal prosecutors.
When considering the surrender of a life insurance policy you have to ask yourself some questions. Does anyone I care about suffer without this life insurance policy? Who needs my income? Who would be responsible for my debt? I am wealthy enough to be sure my loved ones are taken care of financially? If you find that there is no longer that need for life insurance, then it is time to surrender the policy. Remember the increase incash value that accumulated is now taxable as income upon surrender.
When you are applying for auto insurance coverage most if not all insurance carriers will do what is called a soft pull of an insured's credit score. This soft pull normally will not adversely affect a persons credit rating. Credit score is only one part of the many factors that are taken into consideration when your rate is calculated.
Disclaimer: The following answer is not to be considered tax advice. Contact a qualified tax professional before making any financial decision. Yes, long-term care premium payments may be tax deductible. It depends on the tax status of the individual or business entity filing an IRS tax report. The IRS annually publishes the limits on the amount of premium that can be entered into the tax return and where to enter that amount for consideration of tax deductibility. For non-business consideration, that would currently be "Medical expenses" in Schedule A. If by adding the allowable portion of the LTCi premium to Medical expenses causes the total amount of medical expenses to exceed the threshold (formerly 7.5% of AGI, going forward 10% of AGI), then the amount beyond that threshold may be deductible. If not, then the allowable portion of the LTCi premium would not qualify for deduction. For business consideration, the portion of the premium allowable for possible tax deductibility is usually reported on Schedule C. At the present time, only a C-corporation may have 100% of the LTCi premium considered for deductibility. The allowable amounts of LTCi premium for tax deductible consideration are age-based. For insured-ages 40 and under, the published allowable amount of the LTCi premium for 2013 is $360. For those ages 71 and over, the published allowable amount of the LTCi premium for 2013 is $4550. Between that minimum and maximum are various age brackets with different allowable amounts. Those amounts will be adjusted for income-tax-year 2014 and each year thereafter, under current tax law. Tax preparers, accountants, tax attorneys, and tax-preparation software are informed and are updated for each tax year.
Yes, Medicare Part B pays for pneumonia vaccine and also the shot itself. If your doctor does not accept assignment, you may need to pay for your doctor's service, but not for the pneumonia vaccine or shot. Pneumonia immunizations are also covered by Medicare when administered at participating group clinics, unless you are in an HMO that requires you to go to a certain location to receive your shot in order for Medicare to pay for it.
Several factors impact the cost of your homeowner insurance. Insurance companies can take into consideration all of the following criteria: Insureds age, insurance score, policy type, claims history, supporting policies, coverage limits, age of the home, location, protection class, home updates, your deductible(s), replacement cost or actual cash value on your limits, etc... As you can see, there are many variables that are taken into consideration. And for what it's worth, I would use price as only one factor when considering what insurance policy or agent to go with. If you have five agents/companies quote your insurance, I guarantee you'll have five different quotes. Not all policies are created equal and it is important to understand what value you are getting for your money.
A supplemental disability insurance is a personally owned long term disability policy usually purchased to supplement a group employer sponsored long term disability plan. You are basically "supplementing" your existing group plan with a personally owned policy. The reason this is necessary is because most group plans only cover 50- 60% of an employees income. A supplemental policy will provide additional coverage in addition to the group plan. The amount of supplemental disability coverage you can purchase is limited based on the insurance carriers guidelines. This is determined by the amount of your income your group plan covers and weather or not you pay for your group plan or your company does. As a general rule, most carriers won't let you insure more than 70% of your gross annual income.
Long term care insurance is a morbidity that mitigates the cost of assisted living care and/or nursing home confinement. Long term care is generally a stand alone policy with various add on riders like inflation or cost of living increases. Long term care can also take the form of a rider on life insurance and annuity products for carriers that offer them.
Neither renters or homeowners insurance will cover flood damage. Flood insurance pricing is set by the federal government and sold through a limited number of private carriers. To be able to purchase flood insurance you must first find an agent in your area that is licensed to sell this coverage or if you wish you could find a carrier online.
Assuming this question originates from a negative assertion that (participating) whole life insurance is inherently wrong, there is no wrong on a financial basis as a product. It may very well be unsuitable or not economical depending upon the personal profile of the potential purchaser and their financial goals. The annual premium for guaranteed universal life insurance is generally cheaper than whole life insurance, so the difference in premium could be argued as economical. But participating whole life insurance thats designed for tax advantaged supplemental retirement income can be very valuable to a long term conservative saver who seeks returns that can compete with treasuries as an example.
I am going to take a stab at this as I am not quite sure what the question is. Health Insurance is not necessarily long term unless you have it for a long time however you may switch between different plans. If you are asking what is Long-Term Care Insurance then I will also answer this: Long-Term Care provides a benefit when you have chronic illness needs. Pays for Nursing Home & Care programs, assisted living situations, in-home support and more.
Life insurance covers the insured of the policy generally to indemnify the beneficiaries i.e. family members or business partner interests. The owner of the policy may also be the insured. But whoever owns the policy, controls the policy. And that means the policy owner could change the beneficiaries without their permission.
If you choose the beneficiary of your life insurance policy to be your estate, or if none of your beneficiaries are alive when you pass, your life insurance proceeds will go to your estate. Other than those circumstances, your policy proceeds go to the person or other entity that you chose to be your beneficiary, bypassing your estate. This allows the benefit to not be tied up in probate and avoids unnecessary fees. However, the value of your life insurance is considered part of your estate value. If the total value of your estate is over the federal or state exempted amount, and if your spouse has passed, estate taxes on the excess may apply.
MOOP in Medicare stands for Maximum Out Of Pocket costs associated with Medicare Advantage Plans. The Patient Protection and Affordable Care Act set the mandatory MOOP at $6,700 in 2013, or a voluntary MOOP of $3,400 or less in exchange for more flexibility. This does not include prescription costs and monthly premiums.
Suze has a online summary digest called "Truth About Annuities." About half way through the document she addresses variable annuities. Oddly enough she seems to give variable annuities a relatively fair expose' or treatment in her description and potential prospects for variable annuities. It's worth the read to understand her position.
The best place to buy health insurance in New Mexico is from an experienced broker that has a reputable website. It's important that he/she represent all of the major insurers in New Mexico. The state will partner with the federal government to create the Health Exchange Marketplace. Starting in October of 2013, an Open Enrollment will allow consumers to purchase individual and family plans without answering medical questions or being denied for coverage. A federal subsidy could also reduce premiums, depending on household income. Are you one of the 21% of the population that is not currently covered? As an experienced broker, we're here to help. You'll find Exchange policies quite affordable and very comprehensive since so many benefits are now mandated.
Short term disability last for as long as you are continually unable to work due to a covered medical condition, or until the policy benefit period it met, whichever is less. Every policy is different. You make a decision about the length of the benefit period when you purchase the policy. Policies with longer benefit periods cost more than those with shorter benefit periods. You may be able to choose between lengths of 3, 6, 12, or 24 months.
Often referred to as COVERAGE D, Loss of Use is coverage on your homeowners insurance that covers the cost of losing the use of your home. For example, a fire in your home has caused significant fire & smoke damage, making the house unlivable until repairs are complete. You would need to temporarily move out - maybe to a Residence Inn or hotel. The cost for food, hotel, etc would be covered under loss of use.Most policies have some limit beside COVERAGE D, butif your policy indicates "ALS", which is Actual Loss Sustained, this is the broadest coverage.
Michigan, like most states, requires its drivers to carry a specified minimum amount of auto insurance coverage. The minimum limits are $20,000 per person, $40,000 per accident and an additional $10,000 for property damage. However, these limits are quite low and if possible, and it is within your budget, you should consider higher limits. As an experienced broker, I highlyrecommend the next level of coverage, that will provide a much broader protection. Free online quotes are always available from the top-rated carriers.
For someone covered by two or more group health insurance policies, the term COB, short for coordination of benefits, would be used in such a scenario. Group insurance was designed to cover major medical expenses; however, it was never intended to pay in excess of 100% of incurred charges. For this reason,coordination of benefitswas established as a method by which two or more carriers or plans could coordinate their respective benefits so the total benefit paid does not exceed 100% of the total allowable expenses incurred. In most states, thecoordination of benefitsregulations specifies how benefits are to be coordinated by insurance companies issuing group policies in the state. In most states, individual health insurance policies do not have to comply with thecoordination of benefitsrules. Thosepolicies may have special provisions in place if you have more than one policy. You should review your individual health insurance policy to see how it pays if other insurance is involved.
On average, long term disability insurance costs 1% to 3% of the annual salary for men; slightly higher for women. There are many features to a Disability Insurance policy that can make it cost more. Some are important, some not so important. Most people will have to pick and choose to keep the Disability insurance premium within their budget but still get the important features.
No short term disability is a different policy than health insurance. Health insurance is designed to pay the providers, i.e. doctors, hospitals, clinics, etc. Short term disability is designed to pay you for the income that is lost due to an injury or illness. It can be used for medical expenses, food, mortgage or anything else needed to survive during a difficult time.
The cheapest car insurance for any driver is the policy that is in force and pays the claim when an accident occurs, regardless of the premium. In California an inexperienced driver is assigned to one of the cars in a household. That makes the premium for that vehicle increase substantially. Avoid the temptation to eliminate or reduce coverages to lower the premium. That could make your auto insurance the most expensive if it will not pay a claim or will not make you whole.
Health insurance may cover otoplasty, although in most cases it does not. If it is considered cosmetic (and usually it is), it may not be paid or covered under a typical policy. However, all plans are different and you should always check with your carrier and inquire about benefits. If it is not for cosmetic reasons, that will help your chances.
That is a client-specific driven question -- but a good one! It depends on the client's age, health, income, etc. When looking for a carrier, I would look for a carrier that has a strong history and creditworthiness in the life insurance business and rates well on the Standard & Poor's Rating.
You can make a claim against your homeowners policy any time that you experience a loss as a result of one of the covered perils. Your policy specifies the circumstances that are covered. Common perils are, fire, and lightning. You should remember that your policy has a deductible. Your policy might have some adjustments based upon being claims free. It is possible to file a small claim and realize very little after the deductible, only to discover that you lost your claims free discount which was much more.
Whole Life, also called Permanent Life, will last for the rest of your life, so long as you pay your premiums. Unlike Term Life, which lasts for a specific predetermined number of years, at a guaranteed rate. Whole life will not go up in price and will not go down in coverage amount. It accumulates cash value, from which you are able to borrow funds, for such things as college, home down payment, or even retirement, or whatever else you desire. With the accumulation in a quality policy, you can fund your retirement, as a substitute for a pension. Thank you. GARY LANE.