Input: Why Does Everyone Need Health Insurance?

Output: The idea of insurance is to protect yourself in the event of a catastrophic financial event by shifting the risk to a third party -LRB- the insurance company -RRB- . Therefore , your only financial responsibility is to pay for a monthly premium and any applicable deductibles , coinsurance , and copayments stated under your policy . In the case of health insurance , a common catastrophic event is a surgical procedure.For example , if you broke your leg and and the procedure to repair the fracture cost $ 100,000 , you would be responsible for the entire bill if you do n't have any health insurance and most people can not afford to write that check . After the procedure , you may need the aid of equipment to assist you -LRB- e.g. crutches -RRB- , some physical therapy , or medications - these expenses can add up fast too . Maternity care is a big one as well - the birth of a pre-mature baby can cost over $ 1,000,000 in expenses for his/her care and development . Maternity care is one of the essential health benefits covered under every individual health plan in marketplace . I recommend consulting with an experienced health insurance broker who can help you find the best program for your specific needs . I hope the information is helpful - please feel free to contact me for help and if you have any questions . Thanks very much .


Input: Why Does Everyone Need Health Insurance?

Output: That is a great question ! As a humanitarian answer , I 'd tell you that everyone needs healthcare to provide relief and treatment from illness and injury . Christ tells us that we are to `` love each other as we love ourselves '' , and you 'd want treatment if you were suffering , would n't you ? Financially , I 'd say that everyone needs health insurance because those that do n't increase the costs for those of us that do . Because they are not shouldering any part of the care that is provided , that cost is passed on to us in the form of higher priced services and goods . By requiring everyone to have health insurance , the Affordable Care Act -LRB- Obamacare -RRB- has -LRB- along with other measures in the bill -RRB- slowed the growth of health care costs from double digit yearly increases to 4 % last year . That is reason enough in my book ! Thanks for asking !


Input: Does Auto Insurance Affect Your Credit?

Output: The health of your credit score may impact the premium rates you pay for car insurance , but having automotive coverage does not directly affect your credit . Many auto companies use credit scores to determine how to price your policy . While they may look at data contributed by banks and other lenders , these insurance companies do not report any data themselves to credit bureaus . However if you have an accident while uninsured , the consequences may impact your ability to repay any outstanding loans . Being late on these loans would certainly affect your credit .


Input: How To Change Homeowners Insurance When In Escrow?

Output: That process is a little more complicated , but it certainly can be done . A mortgage company can not compel you to stay with a carrier . We have been successful in keeping the transition as easy as possible for our clients with a coule of approaches . The most effective , and frankly this is the easiest , is talk to your insurance professional early , at least 45 days in advance of your current policy 's renewal . That way , your agent will have time to prepare an invoice that can be sent directly to your mortgage company along with the new policy declaration sheet and copy of a written cancellation request which would be sent to your current insurer . We have found that most effective in receiving the required annual premium withthe least disruption to you .


Input: How To Change Homeowners Insurance When In Escrow?

Output: This is generally quite simple and a process that the mortgage company understands . Apply for the new homeowners insurance policy . When the policy is issued the insurance company will provide evidence of insurance and an invoice to the mortgage company . It may be necessary for you to contact your previous insurance company but your agent will probably assist in notifying the former insurance company . The mortgage company will balance the returned premium from the previous policy with the premium requirement from the new policy .


Input: What Is Fegli Basic Life Insurance?

Output: FEGLI stands for Federal Employees ' Group Life Insurance . It was established by the federal government in 1954 . FEGLI Basis Life Insurance is the amount of group term life insurance you are automatically enrolled in when you begin your job with the federal government . You pay 2/3 of the cost and the government pays 1/3 . Optional life insurance can be added to your basic policy , and you would pay the full cost of that .


Input: Can You Stay On Parents Health Insurance If Married?

Output: 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 .


Input: Why Does My Landlord Require Renters Insurance?

Output: Renter 's Insurance does n't just insure your personal property . It comes with Liability Insurance as well . This is what the landlord is interested in . I will give you an example . Let 's say you had a candle burning and it caught the building on fire . If the building burns down , the landlord will collect from his insurance company . That insurance company then has a right to come after you since you caused the fire . Knowing that most people who live in apartments do n't have sizable net worth 's they assume they wo n't be able to get you to pay them for the damage to the building and for loss to other tenants in the building . So , the landlord 's insurance company probably gives him a discount for requiring tenants to have Renter 's Insurance . Your Renter 's Insurance will pay for certain types of damage that are caused accidentally by you , such as fire and explosion under your liability coverage . This is a great way to protect your assets and Renter 's Insurance is very Inexpensive . If I can help shoot me an email at dbeukel1@amfam.com .


Input: Why Does My Landlord Require Renters Insurance?

Output: That is a great question , with a very simple answer ! Your landlord wants to pay lower insurance premiums himself ! By ensuring that each tenant that they rent to has a renters policy , the risk that the landlord 's insurance company has to shell out after a catastrophe is lessened . The tenant causes the catastrophe , their insurance company is liable for the damages , not the landlords . Hopefully the landlord is passing along his or her savings to you in the form of cheaper rent . Thank you for asking ! -LRB- p.s. renters insurance is cheap , and a really good idea for you to have anyway , so the landlord is really doing you a favor by requiring that you have it . -RRB-


Input: Why Does My Landlord Require Renters Insurance?

Output: A landlord is not responsible for any personal injury or property damage on the property he has rented to you . He doesnt want to be brought into a law suit because you dont have coverage for liability . He also knows that if the unit burns to the ground , you will want your personal property replaced . That isnt his responsibility either . He wants you to have a policy that will replace your property in the event of damage by a covered peril .


Input: How Much Does Aflac Disability Insurance Cost?

Output: There is no single simple answer to this question . The price of the policy will be different for everyone . There are five primary factors that will determine what the policy might cost . The industry of your employer determines the rate classification . Each policy for all employees at your employer will then vary by the monthly benefit amount you choose , the elimination period , the payment duration , and whether you want to include accidents and/or illnesses in the coverage .


Input: How Much Does Aflac Disability Insurance Cost?

Output: The cost of Aflac Disability Insurance depends on the amount you get , the elimination -LRB- waiting -RRB- period , the length of time you want the benefits to last , and any optional riders you choose . In addition , it depends on your age , gender , and whether you have any health conditions . You can visit the www.aflac.com website for contact information on how to obtain quotes for Aflac Disability Insurance .


Input: Can You Deduct Disability Insurance On Taxes?

Output: If you have a legitimate business with business expense , you should be able to deduct individual disability coverage , but make sure the deduction is worth it . Deducting the disability premium can increase your benefit up to 80 % of your compensation but the benefit is taxable . Not deducting the premium will deliver up to 60 % of your compensation but its tax free . Do the math . A deduction in hand is not necessarily worth two in the bush .


Input: How To Change Car Insurance When Moving Out Of State?

Output: Depending on your insurance carrier the process could be fairly seemless . If the carrier that you currently operates in both states that you are dealing with then they would more than likely be able to assists you in getting coverage in the new statewith out too much trouble . In either case what will happen is your current policy will be cancelled and a new policy written in the new state . If your carrier does not operate in the state that you are moving to then you will have to find yourself another agent/carrier that you are comfortable working with .


Input: Why Should I Sell Life Insurance?

Output: Most of us who sell life insurance do so out of a conviction that life insurance does society a great benefit . No one likes to see people on street corners with posters trying to collect money for the funeral of a departed loved one . We want to help people who love to fulfill their dreams even if they can not . We want families to stay together . There are many other reasons , some perhaps , are self-centered but to stay and flourish in this business you need to understand the good you are doing for others .


Input: Why Should I Sell Life Insurance?

Output: This is really a question you need to ask yourself . In my opinion the reason to sell life insurance is because you believe in the product . If you ask me personally life insurance is one of the most important insurance coverage 's a person can have . There are two reasons for a person to have life insurance . 1 -RRB- if you owe somebody . 2 -RRB- if you love somebody . It is a sad , sad thing to see the bread winner of a family pass on with no life insurance and leave the spouse and children hi and dry . If your in it just for the money your in it for the wrong reasons


Input: What Is The Average Health Insurance Cost Per Month?

Output: What is the average cost of health insurance ? Well , it 's going to depend on plan features , the age of the insured and the cost of care in their area . There really is n't a true average cost of health insurance as it just depends on who , what and where you are .


Input: What Is The Average Health Insurance Cost Per Month?

Output: The average health insurance cost per month is different in every area , and also depends on the age of the insured , the coverage , smoking status and household income . Typically , the younger and poorer you are , the cheaper your health insurance becomes . You may even be eligible for Medicaid , depending on your state .


Input: Does Health Insurance Cover Spider Vein Removal?

Output: Some health insurance policies may cover removal of spider veins as long as the surgery is considered a medical necessity . Vein removal simply for cosmetic reasons is not a covered expense . If your condition has been evaluated by a medical doctor and it has been determined that the veins need to be treated -LRB- such as the potential for deep vein thrombosis -RRB- then your health insurance policy may cover sclerotherapy or other forms of treatment as a covered expense .


Input: How Do I Find Out If My Now Deceased Father Had Life Insurance?

Output: To find out if your deceased father had life insurance , start by looking through his files . He should have a copy of the life insurance policy , or some evidence that he purchased one . If not , ask relatives or friends if they recall him ever talk about buying life insurance . Check with local financial agencies to see if they sold him one . If you know his favorite life insurance companies , you can call them to ask if there was any policy taken out on your father . Finally , if all else fails , keep any eye out for unclaimed property a few years down the road .


Input: How Much Is The Average Health Insurance Deductible?

Output: It depends on the metal level of your health insurance plan , from which carrier you have it through , and where you 're located . Typically you can find bronze plans with a deductible in the range of $ 5,000 - $ 6,350 , silver in the range of $ 3,000 - $ 5,000 , gold in the range of $ 500 - $ 2,000 , and platinum in the range of $ 0 - $ 1,500 . Deductibles can fall outside these ranges - this is just a rule of thumb type of idea/measure . If you 're unsure of the options available to you and what plan would work best for your specific situation , you should consult with an experienced health insurance broker who can work with you on a personal level . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: When Were Enhanced Annuities Introduced?

Output: When you apply for life insurance , you can be rated , or pay an additional premium , for certain conditions that are expected to shorten your life expectancy . Cancer , heart conditions , liver conditions , weight , high cholesterol , diabetes and other health issues are among the health issues that can cause ratings . There seems to be no official start date on record , but I can attest that since the 1970 's , enhanced annuities , also known as enriched or impaired annuities , have taken shortened life expectancy into consideration . Shortened life span , means you are not expected to live as long . Consequently , the life annuity income payments will be larger since they are expected to be paid out over a shorter period of time . The types , qualifications and annuity payments can vary significantly from company to company so it is important to check . It is your money . An independent life insurance broker , representing several insurance companies , can help you find an annuity that is right for you . If you have further questions . or feel that I could be of assistance , please do not hesitate to contact me .


Input: Why Is Medicare Advantage Going Away?

Output: Medicare Advantage plans are a prime target of the Obama administration . Congress is looking for ways to reduce their contribution to private insurance carriers to fund Advantage plans . Medicare Advantage plans can not be offered in every area . Medicare sets forth specific guidelines for Advantage plans including the number of hospitals and participating doctors they must include in their network . Over the next few years you can expect to see fewer Advantage options , fewer participating providers , higher premiums , higher copay 's . They are not going away , but you may find fewer reasons to choose an Advantage plan over a Medigap plan .


Input: Can I Cancel My Car Insurance After A Claim?

Output: Automobile insurance coverage is an at will policy . You may cancel the policy at any point that you wish and the insurance carrier will typically return the unused portion of the policy premium to you . Your current carrier will more than likely require you to sign one of their cancellation forms or have you send a signed letter to them to verify your desire to cancel the policy .


Input: Can You Negotiate Car Insurance?

Output: If you are speaking of personal auto insurance coverage , then I would have to say the answer is no . I am not aware of any personal lines insurance carrier that is allowing their agents to negotiate price with their prospective clients . Commercial auto insurance coverage is another story . There is sometimes a small amount of wiggle room in the pricing , but not all the time . Most carriers do not want to be haggling with the prospective client over the cost of the coverage , so in many cases the agent is not able to get the premium altered from what is offered .


Input: Can You Negotiate Car Insurance?

Output: You can not negotiate your auto insurance . However , you can `` play '' with coverage options and pay only for those provisions that you really need . Subject to your state insurance requirements , certain coverage options are provided at your will and you can opt out from those . You can also increase deductible to lower the premium . But it usually results in insignificant savings .


Input: Who Is The Best And Cheapest Car Insurance?

Output: The cheapest auto policy is the one that completely pays a claim . That company will make you whole when you have a loss . No matter how much or how little you pay , that company is the cheapest , and it just happens to be the best because it pays your claim . We want to evaluate insurance by its price but the real test is the way it pays your specific claim .


Input: Is Homeowners Insurance Public Record?

Output: A homeonwers insurance policy is typically an agreement between the insured and the carrier and in some cases a third party intrest -LRB- such as a mortgage company -RRB- . This information to the best of my knowledge is not shared with the general public , in fact I believe in most cases can not be divulged to outside parties without the consent of the homeowner and possibly the other parties covered by the agreement . Each state has its own insurance regulations . To find out the regulations within your state contact your states insurance commisioner .


Input: What Is The Best Life Insurance Company For Seniors?

Output: There is no one best life insurance company for seniors , although some are certainly better for older persons than others . The one that is best for you will depend on your age , what face amount you desire , what type of policy you want , your health , and even the state in which you reside . If you are over 60 and looking for something to cover your funeral , you will most likely find your most affordable rate in a `` final expense '' or `` burial '' policy . These usually refer to small , permanent policies that can be obtained with a minimum of underwriting -LRB- usually no exam is required -RRB- . You can also get them under age 60 , but sometimes there is some savings to taking an exam at younger ages . If you are looking for a policy over $ 100,000 there are very few No Exam options available to older persons . So you will want to apply with a life insurance company that caters to senior health for a policy like that . Some life insurance companies allow higher blood pressure readings above a certain age , disregard family history if the applicant outlived his/her parent , or provide other concessions to seniors . Shopping with an agency that carries many options will help .


Input: What Is The Best Life Insurance Company For Seniors?

Output: A senior should do business with a qualified life insurance agent . That agent will listen to the seniors unique concerns , offer sound financial advice , and communicate clearly with the insurance company and the senior . Matching the senior and their risk with an appropriate insurance program is the function of such an agent .


Input: What Is The Best Life Insurance Company For Seniors?

Output: As with most types of life insurance coverage their is no `` best '' company . There are many carriers that may meet your objective , however the cost will change based on your health , amount of coverage needing and age . Sometimes this coverage will be so-called `` final expense '' insurance while in other situations another choice may be necessary or even better for you . As in most situations , a call to a good independent life agent will not only give you information , but also help define your needs .


Input: What Is The Best Life Insurance Company For Seniors?

Output: That is a great question ! There are a lot of great companies out there to buy a policy from , and several that cater specifically to our Elder Citizens . There are some things that might help you weed out a few of them , like the financial strength of the company , -LRB- look for A to A + ratings by A.M. Best or Standard & Poors -RRB- , their main product line -LRB- If they are known for auto repairs , or lobbying for Elder Citizen rights , they may not do their best work on insurance , though they will have policies available to purchase . Be very careful to understand all of the details , and fine print before you buy one , please ! -RRB- , and their track record with your State 's department of Insurance -LRB- Look for complaints or citations -RRB- . The best thing to do is look for an independent agent who can do all of that work for you , and help you find a policy that is right for you . Thank you for asking !


Input: What Is The Best Life Insurance Company For Seniors?

Output: The best life insurance for seniors is the company , who offers the most benevolent underwriting for older insureds . As you grow older , your health could become an issue . Favorable underwriting can really make a difference whether you purchase term or permanent life insurance . There are several spreadsheet services that rank the best the best life insurance companies by premium . If any of those are known as benevolent underwriters , you have a good opportunity securing a deal .


Input: Who Offers Purchased Life Annuities?

Output: Many different Insurance Companies offer Lifetime Annuities . The best thing to do is to use an independent agent to shop the current rates to find the best current rate for you . It is important to use a company with strong financial ratings . For a Lifetime Annuity I recommend at minimum an A rating .


Input: Does comprehensive auto insurance cause damage caused by a garage door part falling on the vehicle?

Output: That is an interesting question . Based upon your description of the incident , I suspect that there would be coverage under the Comprehensive portion of your auto policy as the cause of the damage was a fallen object . Keep in mind that the final determination of coverage would be made by your claims professional and subject to your policy deductible .


Input: Does Renters Insurance Cover A Security Deposit?

Output: No . Renters insurance provides coverage for your personal property up to the policy limits for covered perils . Your security deposit is money that is provided to the landlord to help protect the landlord against any damages to the premise that were not taken care of properly by the tenant before moving out . Renters insurance has nothing to do with this .


Input: How Much Does The Renters Insurance Cost?

Output: The premium for renters insurance could vary greatly for each individual . In my experience and within my geographic area renters insurance can start at as little as seven dollars per month and up . In some cases when you have your auto and your renters insurance with the same carrier the cost of the renters insurance could virtually free . Contact a local agent to find out about pricing in your area for your needs .


Input: How Easy Is It To Change Homeowners Insurance?

Output: It is simple to change homeowners insurance carriers!You mayobtain a quote and purchase your new #HomeInsurance policy online . You will only need to answer a few simple details regarding your home -LRB- i.e. year built , square footage , type of roof etc. . . -RRB- , a few personal details and you will need toprovide your mortgage information to be listed on the policy -LRB- if applicable -RRB- . Once you have your quote , you may bind the new policy by providing yourdesired method of payment ; thus turning the quote into a policy . There is a linkproviding an online format to obtain a quote and buy home insurance online in multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: How Old Should You Be When You Get Long Term Care Insurance?

Output: You should , ideally , be under 60 when you buy long term care insurance . Being younger helps your rates be lower , and when you are under 60 years old , you have less chance of developing some of the health conditions that crop up as we age . But you should get long term care insurance whenever you feel the need , be that at an older or younger age .


Input: Can I Buy Short Term Disability Insurance?

Output: There are not many companies that sell short term disability policies on the private market , but yes , you can buy short term disability insurance . If it is offered through your workplace , that is usually your best price . But a good broker -LRB- like me -RRB- would certainly be happy to help you find a private policy if that is not available to you .


Input: Can I Buy Short Term Disability Insurance?

Output: There are very , very few companies that sell short term disability insurance . You may need to go through an agency who handles many carriers to find one . Two carriers that offer it are Assurity Life and Mutual of Omaha Life . If you use a life insurance agency that sells products from those companies , they can help you , if they understand disability insurance .


Input: Can I Buy Short Term Disability Insurance?

Output: You can purchase short term disability insurance from insurance agents or online brokerage shops . But before you do determine if your employer sponsored group benefit plan has a short term disability policy . Keep min mind that Social Security has a disability plan for working Americans and other for non workers .


Input: Does Insurance Follow The Car Or Person?

Output: That actually depends upon the terms and conditions of your policy so it would be a good idea to talk to your insurance professional about this . Unless there are specific limitations , with standard auto policies , you may find that the coverage applies to you and your car as well as to you and any other car you may be lawfully driving while it temporarily replaces your car . There are a couple of key things to remember if that is the case . First , only the coverage you have will apply so if you do n't have collision on your policy , it wo n't apply to any other car you are driving . Second , the coverage extension may also only apply to the use of other private passenger cars so it wo n't apply to that Uhaul truck you are planning on renting for the day .


Input: What Factors Contribute To High Car Insurance Premiums?

Output: When you consider insurance as shared risk pool , the answer to this question comes into sharper focus . If there are two drivers in the same city with the same driving record driving automobiles that are both the same year make and model , who should pay more for their policy , the driver who will commute 30 miles day to work or the one who uses the car sparingly on weekends ? Mileage makes a difference . Every mile is a unit of exposure that makes one riskier than another . If one of our drivers trades in their sedan for a high powered , low weight sports car and the other driver is still driving the low powered four door sedan he had in the first example , who should pay more ? Assuming the same mileage , the high powered sports car presents two problems to the shared risk pool . The first problem is that with that power and low weight the driver is more apt to engage in aggressive and perhaps dangerous driving . The second is that the body of that low weight sports car is probably more expensive to repair . The anticipated use of the vehicle and the cost of repair are two items which shift the expense that the risk pool will experience . Now suppose that the first driver , the one with the sedan is 16 years old while the driver of the high powered sports car is 55 . Experience plays a major role and might reverse the experience making the sedan the riskier car to insure . Experience is very important in rating an automobile risk . Now suppose that this first driver also has a recent citation for driving under the influence of alcohol . The older driver has a spotless driving record . Certain violations are deemed more dangerous than others and a DUI is considered the worst . This blemish will follow this young driver for ten years in California and the price of insuring that driver will increase a great deal . DUI , and racing are two violations that have a tremendous impact on the cost that the risk presents . Now suppose that our older , more stable driver takes a job delivering pizzas for a neighborhood pizzeria . The driver now presents an entirely different type of risk because he is now doing commercial driving . The risk he presents is increased a great deal because he will not be as focused on driving as he will be looking for addresses and worrying that the pizzas might be getting cold . As you can see most drivers are unwilling to pay the same amount for insurance that a driver that is inexperienced , or driving an expensive fast car , or driving excessively , or using the car for commercial purposes or has a record of DUI . They want to share the expense of insurance with like drivers and that is exactly how the insurance company operates . The insurance company issues rates for standard drivers and then alters the rates to take into account the variations that exist . These rates and variations are based upon the companies experience with thousands of accidents . The assignment of rates is not a perfect science but it is as close as possible to reality . The amount an insurer charges for a risk is what they think it will cost them to include that car into their risk pool . Insurance companies are not designed to gouge the public . They are required by law to remain solvent so that they can pay claims and meet their promises . The price an individual driver pays needs to be considered from the perspective of all the other drivers who the company insures .


Input: What Factors Contribute To High Car Insurance Premiums?

Output: That is an excellent question ! There are many factors that contribute to how the companies set their premium prices . The first thing to know is that insurers are all about the risk . The more risk that they will have to pay out , the higher your premium payment will be . Why ? because they do n't want to collect a couple of payments from you , and get stuck paying out a large sum . So your driving record will be the first thing . Your age and gender will be a factor . Young male drivers are higher risks than middle-aged mom 's , for example , so the young man will likely pay higher premiums than Mom will . What you are driving also plays a part , a sports car or expensive to repair vehicle will cost more than a gently used family car would . A new vehicle verses an older one , for the same reasons . Then there are things like your credit history , and where you live ; and the companies profit margin to consider . There can be more , but these are the big ones that you can count on as factors . I hope that answers your question , thank you for asking !


Input: What Factors Contribute To High Car Insurance Premiums?

Output: The answer is rather simple on the surface . The state you live in , the rating territory , the type of vehicle including year , make and model , the number of miles driven to and from work one way , the annual miles you drive , the age of the driver , the marital status of the driver , the driving history of the predominate driver -LRB- and other drivers in the household -RRB- , and the overall success of your insurance carrier at underwriting for a profit in you territory or state . Do n't overlook the influence of the required coverage for your state . There are so many influencers but this hits the high points in brief .


Input: Will Homeowners Insurance Cover Mold Problems?

Output: Homeowners insurance policies have a mold limitation or exclusion on the policy so there is a limit to the coverage . Also the question would be what caused the mold . If the mold was caused by a covered claim then there may be some limited coverage . If this is something occurring due to a non covered claim most likely the mold would be excluded . Always check with your agent .


Input: Can You Cash In Globe Life Insurance?

Output: If your Globe Life Insurance policy has net cash value after subtracting surrender charges and fees , you could cash it in just as you can any other Whole Life policy . Before doing so , you should talk to a Globe agent to see what other options your policy has , and to make sure you are making the correct choice in cashing it in .


Input: How Important Is Health Care Insurance?

Output: Very important . Health insurance allows people to go and get health care if needed . Typically people with insurance will get check ups , find problems sooner due to early detection and can address health needs proactively . When you do n't have health insurance you spend your days praying you never get sick . If at all possible strive to keep health insurance on yourself and your family .


Input: How Much More Does A Smoker Pay For Life Insurance?

Output: Typically , cigarette smokers will pay about 3 times the premium of a nonsmoker . If table rated , the difference could be higher , partly because of the pricing structure , partly because the insurance company may determine that smoking makes that person much more of a risk due to his/her health condition . If regularly using tobacco other than cigarettes , there are a handful of companies that will charge nonsmoker rates -LRB- but not preferred nonsmoker -RRB- . These run about half of smoker rates . If an occasional cigar user , some companies will rate preferred nonsmoker .


Input: What Renters Insurance Do I Need?

Output: You need a renters policy that is in force at the time you have a loss . It should have adequate limits to satisfy your landlord and replace your personal property . It should have enough liability protection to withstand a lawsuit if one is launched against you . They key is that the policy must be in force .


Input: Who Sells Individual Disability Insurance?

Output: There are several online brokerage outlets that represent multiple disability insurance companies . And because they represent multiple companies , they can spreadsheet several of the best disability carries to see which one is best suitable for your needs . The are many great companies in the brokerage market , The Standard is one of the top disability companies .


Input: What Is Full Life Insurance?

Output: Full Life Insurance is a name sometimes used for permanent life insurance , or life insurance that lasts your `` full life '' . It has cash value and will stay in effect until death at any age , or else pay out the face amount at a certain age -LRB- usually age 100 -RRB- while the insured person is still alive .


Input: Does Medical Insurance Cover An Auto Accidents?

Output: Most health insurance plans will cover your medical expenses when you are injured in an auto accident . There are exceptions of course . If you are injured in an auto accident while traveling on company business your employers workers comp plan is expected to be primary and your health insurance plan secondary . Your health insurance plan will exercise their subrogation rights against the workers comp carrier to recoup any `` double payment '' . Similarly , if your claim is covered in total or partially by an auto insurance carrier -LRB- yours or someone at fault -RRB- subrogation rights will kick in as well .


Input: Does Medical Insurance Cover An Auto Accidents?

Output: Your Medical insurance will cover an auto accident however , if you are in an accident and your health insurance pays , then when your auto insurance accident claim is settled you need to pay back to the health insurance company any moneys received up to the amount that was paid out by your health insurance . You can not receive double benefits .


Input: Which Life Insurance Is Best For Young People?

Output: Take a photo of yourself now , then go on the internet and morph it into what you will look like 40 years from now and ask that person the same question . The answer will be , permanent insurance and start it today ! It will never be less expensive and will almost always cost much less than the death benefit . It will give you a head start on developing an umbrella of protection so those you love will be cared for in your absence whenever that would occur .


Input: Which Life Insurance Is Best For Young People?

Output: The best any kind of insurance is the policy that fits your needs the best at that point in your life when you purchase it . In order to find the right policy and carrier for your needs contact a local agent . The local agent is there to help direct you to the policy that will best fit your needs and as you move on with life help you re-evaluate your coverage to help prevent you from not being covered properly . Coverage decisions are ultimately in the hands of the insured but the local agent is there to help educate and guide you .


Input: Which Life Insurance Is Best For Young People?

Output: Which life insurance is best for young people ? It 's going to depend on needs and budget for most young people . This is also an excellent time to look at whole life insurance as the cost is very low for young people and the cost NEVER rises . That becomes very important over time as the cost of insurance rises considerably as a person ages . Locking in your costs , taking control of your policy is pretty special .


Input: Does Credit Rating Affect Homeowners Insurance?

Output: Yes it can . Many Homeowners Insurance Providers these days include your credit among other underwriting elements in order to determine the rate they offer you for Homeowners ' Insurance . Other factors include loss history , usually within the past three years , where the house is situated with respect to fire hydrants and responding fire departments and whether or not you have a central alarm system in your home . Many companies offer very nice discounts if also insure your car with them and others also offer an additional discount for Life insurance . So be sure to ask about any `` bundling '' offers your company may have .


Input: Which Retirement Plan Is Managed By The Individual Policyholder?

Output: The two basic types of retirement plans are qualified and non-qualified . Qualified plans allow you to deduct the expense of the plan from current income tax . You must pay tax on all distributions and can be subject to mandatory distributions and penalty taxes . In non-qualified plans you can do pretty much as you please . That is also true in qualified plans if you are the administrator . You are in charge of an IRA . There are limits to what investments can be placed in an IRA but it does have significant latitude .


Input: Which Retirement Plan Is Managed By The Individual Policyholder?

Output: Non-qualified retirement plans that use life insurance are : current assumption universal life , indexed universal life -LRB- IUL -RRB- and variable universal life -LRB- VUL -RRB- . All three allow the policy holder to manage the death benefit and premiums paid . The last two , the policy holder has policy management options that allow the selection or crediting methods such as domestic and foreign indices for IUL and separate sub accounts that use equities and bond investments -LRB- VUL -RRB- .


Input: Is Renters Insurance Required By Law?

Output: Renters insurance is not required by law in California . I doubt that it is required in any state . That it is not required doesnt make it any less important . As a tenant you have legal liability for everything that takes place at the rented place . If someone is injured , you can be sued . Your personal property is not the responsibility of the landlord , it is yours . If there is a fire , your property can be reduced to smoke and no one is legally responsible to pay you for the loss . These are the reasons it just makes good sense to have a renters policy


Input: How Much Does Medicare Cost At Age 65?

Output: Medicare Part A for most people will be free and Medicare Part B will be $ 104.90 per month for 2014 . The premium for Medicare Part B can be higher if you had a higher income over the last 2 years . However , Medicare Part A & B only covers about 80 % of the costs of medical expenses and for this reason many people get a Medicare Supplement Plan -LRB- Medigap Plan -RRB- to cover the difference . These plans can vary in premium based on which plan , your age , zip code and smoking status . You can compare Medicare Supplement Plans instantly at SummitMedigap.com or give us a call at 1-888-407-8664 .


Input: Is Long Term Disability Insurance Taxed?

Output: If you dont deduct your disability insurance premium as a business expense , your disability benefits are tax free . But if you do deduct your disability insurance premium , then your disability benefits are taxable at ordinary income tax rates . The advantage of the deduction is the disability insurance company will cover up to 80 % of your compensation , compared to 60 % if you dont deduct it . You need to determine you effective tax bracket rate to analyze which is better for your situation .


Input: Will Medicare Pay For Stem Cell Transplant?

Output: Medicare does not include any medical treatment that is considered `` expermental '' . This does not mean that a medical procedure that is being studied would be excluded . Your Physician would be the best resource for this information . Usually , the treatment for various types of blood disorders and cancers are recgonized procedures that would be covered by Medicare . You can read the section regarding this on the Centers for Medicare and Medicare Services website that is here : WEBSITELINK . I would encourage anybody about to receive treatment to consult with your Physician 's office about the role of Medicare in their treatment payment . You should check with your Insurance plan if you have a Medicare Supplement and have them determine their role as well . If you have Medicare Advantage , they will follow Medicare guidelines and you will need to get preauthorization .


Input: When Does Whole Life Insurance Expire?

Output: Only term life insurance expires . Whole life and universal life actually endows . It depends on how the agent sets the policy up at point of application , but the premiums are based on minimum , target and maximum premiums . The illustrations will show the age that was targeted for the coverage to endow . The most common ages are 95 , 100 , 105 and 121 years old . The whole life policy will endow at the specified age which means the premiums will begin to exceed the death benefit . At this point , you can take the cash value , you can continue paying premiums to allow the cash value to grow or you can stop paying premiums and allow the money to grow and leave your beneficiary the cash as a death benefit . Whole life insurance will not just simply expire .


Input: When Does Whole Life Insurance Expire?

Output: Whole Life Insurance does not expire ; it endows . When you hit a certain point in the policy -LRB- usually age 100 -RRB- , the cash value equals the face amount . At that time you can take the cash , or let it keep growing . The policy will never expire even after it endows .


Input: When Does Whole Life Insurance Expire?

Output: Whole life insurance expires when the insured dies because it 's a type of permanent life insurance policy . It can terminate earlier though if the policyowner does not pay the premiums on the policy -LRB- and there is n't enough cash value built-up inside the policy to sustain it -RRB- . If the policy fully endows -LRB- the cash value equals the face amount of the policy - generally the insured has reached age 100 when this happens -RRB- , the insurance company will terminate the coverage and give you a check equal to the face amount of the coverage . Please note , an endowment is subject to income tax on the amount that that is greater than the cost basis of the policy even though the death benefit would be tax-free . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much


Input: When Does Whole Life Insurance Expire?

Output: That 's a great question ! One of the best features of a whole life policy is that as long as you are making payments , the policy lasts as long as you do . You can structure these policies to where they are paid off in a set number of years , and the coverage extends again , as long as you do . I hope that helps , thanks for asking !


Input: Is Life Insurance Cash Value Taxable Income?

Output: Is life insurance cash value taxable income ? Yes , no , maybe depending on how your policy is structured . Depending on the type of cash value life insurance you purchase and how much you fund it , there can be taxable income situations . There are choices you can make with some policies that create current income taxes on the gains . Most people avoid this election choice so their policy can grow tax deferred . Cash values can be withdrawn several ways as well to be non taxable . Death Benefits to beneficiaries are usually always tax free .


Input: Is Life Insurance Cash Value Taxable Income?

Output: If you leave the cash value in your policy , it grows tax deferred . If you take it out , or it is given to your beneficiary after death , the life insurance cash value that is below your policy 's `` basis '' is not considered taxable income . Cost basis is the premiums you paid into the policy , minus any dividends that may have been already paid to you . If cash value greater than basis is paid out , the amount above basis is taxable .


Input: Is Life Insurance Cash Value Taxable Income?

Output: Cash Value for a life insurance policy is not taxable as income . Cash Value is tax deferred upon growth when the premium is paid of and accumulate compounded . Tax is applied if there is a basis . of you have 20,000 in cash value and you 'd basis is 15,000 you withdraw 8,000 you will not be taxed since its bow your basis . If it is handed to beneficiary after death then will not be taxed .


Input: Who Is The Cheapest Auto Insurance New Jersey?

Output: Wow ... that is a tough one . It really depends on the individuals circumstances , credit and insurance history . Home ownership , excellent credit , existing insurance coverage and superior loss history will get a client a good rate with a variety of NJ auto insurers . The better the risk , the better the price .


Input: Is Variable Life Insurance A Good Idea?

Output: Variable universal life insurance -LRB- VUL -RRB- is a unique security product that should be considered for a long term investor with a high tax bracket and an established risk tolerance for marketing investing . It has a guaranteed interest account as well as separate subaccounts using equity and bond investments . VUL designed for income can accumulate tax deferred and may be able to generate tax free income as long as the contract is kept in force for the life of the policy insured .


Input: What Does Kaiser Health Insurance Cover?

Output: Kaiser individual major medical plans vary greatly . Premiums are based on gender , age , zip code , plan design , tobacco use , and BMI -LRB- body mass index -RRB- . Premiums in Georgia will range from around $ 100 monthly to several hundred dollars per month . Some believe Kaiser premiums are inherently lower than most other carriers since they are a not-for-profit organization . That is a false assumption .


Input: Which Is The Best Renters Insurance Company?

Output: Great question ! There area lot of good companies out there that have good policies . All of the major companies -LRB- State Farm , Allstate , etc -RRB- will offer renters insurance . That said , they may not offer the best one for you - based upon your budget , and coverage needs . I 'd advise that you shop around a bit , or find a good independent -LRB- meaning not tied to one specific company -RRB- agent who can help you find the policy that fits you best . If you need more information , feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Which Is The Best Renters Insurance Company?

Output: The good renters policy is the one that is in force when you have a claim . The best policy is that one that meets your expectation when that claim is settled . If you dont have a policy it really doesnt make any difference . Your state insurance commissioner is committed to seeing that companies in your state deliver on their promises . If the company is admitted in your state see an agent , get a policy and make sure that the limits are high enough for you .


Input: Is There Any Way To Get Home Insurance To Pay A Claim In The Event Of Arson?

Output: If your brother-in-law was a listed insured on the policy , I am afraid you have a very difficult road ahead . You can not burn down your own building and expect the insurance company to honor the claim . As with anything this complex , you might want legal assistance . While arson is covered , self-inflicted arson is not .


Input: Is There Any Way To Get Home Insurance To Pay A Claim In The Event Of Arson?

Output: You need to speak with an attorney in your area . I have seen similar situation where the innocent party is able to recover from the loss . It is similar to the fact that if there was a mortgage on the property and they were an additional named insured , they would have recourse even if the cause of loss was arson from the homeowner . This is a complex issue and I would expect that it is a large loss , therefore I do highly recommend you speak with a qualified attorney that practices in this field .


Input: Why Is Health Insurance Different From Car Insurance?

Output: In theory they both operate on the law of large numbers to spread a risk . They both segment the policyholders ; however , they use different factors . Your auto insurer is going to be interested in the year , make and model of the car and will be less interested in your age . Your auto insurer will not be interested in your medical history , but your health insurance carrier might be . Regardless the companies maintain records that help them evaluate the possibility and severity of claims and from that information they develop a standard rate . Those rates then are applied to individual applications .


Input: Which States Have The Best Health Insurance?

Output: There is no objective answer to your question . The term `` best '' means different things to different people . In general terms states that have more health insurance carriers offering their services will have more competition and more choices for consumers which may translate into lower average costs and more options than a state with more limited competition within its boundaries . But no one can really say , for example , that California has better health insurance than Florida , just that you will have different options and different price points -LRB- even from a national health insurance company like AETNA or CIGNA -RRB- .


Input: Are You Required To Have Car Insurance In Oklahoma?

Output: The answer is yes . Oklahoma state law requires minimum auto coverage 25/50/25 -LRB- Title 47 7-204 . -RRB- For example , 25/50/25 coverage means that you have coverage of $ 25,000 bodily injury liability insurance per person , $ 50,000 total bodily injury liability insurance per accident , and $ 50,000 property damage liability per accident . We recommend a minimum of 100/300/100 in liability limits as a starting point when determining the amount of coverage needed to protect yourself if a loss occurs . Please call or email for any questions about your personal or business insurance needs .


Input: Can You Drive Any Car On A Fully Comprehensive Insurance?

Output: Auto insurance follows the car , not the driver . If you are licensed operator , you can drive any car . Whether there is insurance on the car is up to the owner of the car . If you are operating someone elses auto and are involved in an accident the cars policy will provide the coverage . If the coverage is inadequate insurance that you carry on your car might be available to help satisfy any claims .


Input: Can You Drive Any Car On A Fully Comprehensive Insurance?

Output: Insurance follows the car . If you are involved in an accident the insurance on that car will be the primary coverage for a claim . Your policy may provide secondary coverage if the claims exceeds the limits of the policy covering the car . If you are driving a car that is rented you will be covered to the limits of your policy . The key is that the insurance is on the car not you , the driver . Make sure that the car is insured first .


Input: Can I Borrow From A Retirement Plan?

Output: Most qualified contribution plans allow some type of plan borrowing . You need to engage the plan administrator for it 's loan provisions . Most of these plans charge interest and require a payback schedule . They generally do n't allow transfer to another plan with outstanding loans . Keep in mind that most advisers don not like borrowing from retirement plans . It should be the last resource that you turn to for funds .


Input: How Do Equity Indexed Annuities Work?

Output: Indexed Annuities use domestic or foreign indices , some in combination with each other . Most annuity carriers buy an index option and exercise the option or allow the option to expire . The earnings are credited to the annuity without dividends through rate caps , participation rates or spreads -LRB- sometimes a combination . -RRB- While indexed annuities dont debit negative returns , policy expenses may generate a negative account .


Input: Why Buy Universal Life Insurance?

Output: Life insurance is a mortality product . It is used in three major planning modules : indemnification , income and inheritance . If you have ongoing permanent financial liabilities or inheritance issues guaranteed universal life insurance is the best alternative to pay for coverage . For tax advantaged income current assumption universal life has three crediting method options for long term savers and investors : interest rate , indices and separate sub accounts that use market equities and bonds . If the policy is designed with the lowest TAMRA compliant death benefit option , the potential for income is increased .


Input: Why Buy Universal Life Insurance?

Output: Universal life insurance is a great option for the client who wants more protection than is offered by term , but does not want to go to the expense of a whole life policy . It gives the client the greatest amount of permanent death benefit for the least amount of cost .


Input: Can You Use Roth IRA Money To Buy A House?

Output: One of the great advantages to a Roth IRA is you can withdraw your basis at any time without paying any taxes or penalties . You can use this money for any purpose , including a home purchase . When you make a withdrawal from your Roth it is considered that your contributions come out first , then any conversion funds and finally earnings . Here 's an example : Let 's assume you have contributed a total of $ 20,000 into your Roth IRA and over time your account has grown to $ 40,000 . You are buying your first home and want to withdraw $ 30,000 . The first $ 20,000 will not be taxed as it reflects your contributions . As a first time home buyer the next $ 10,000 will not be subject to the 10 % early withdrawal penalty and will not be taxable as long as you 've had your Roth for over 5 years . This type of flexibility is what makes the Roth IRA attractive for many investors .


Input: Can You Use Roth IRA Money To Buy A House?

Output: This is a great question !!! The answer is yes - Roth IRA rules allow for first time home buyers to be able to withdraw up to $ 10,000 tax free to help purchase their home . This is true regardless of your age , the 59 1/2 age requirement is waived , and so is the five year rule -LRB- your account must be opened for a minimum of five years to avoid taxes and penalties -RRB- . I am a big fan of Roth 's , and this is one of the reasons why . Go see your plan administrator , and happy house hunting ! Thanks for asking !


Input: How Long Does It Take To Set Up Renters Insurance?

Output: Setting up a renter 's insurance does not take long . An experienced broker will ask you a few questions regarding the amount of personal property to be insured , the type of coverage you need , and the method of billing you prefer . Then , after comparing dozens of the best offers from top-rated companies , you are presented with the best offers .


Input: Can You Get Life Insurance With Mental Illness?

Output: Getting life insurance with mental illness is a very broad category and the premiums can range from the top Preferred category -LRB- for mild depression -RRB- to being uninsurable -LRB- for a younger adult who is institutionalized due to mental illness , upon which there are no guaranteed issue options that I am aware of due to age -RRB- . A simple rule of thumb for medically underwritten life insurance for mental illness of any type is , can the person with mental illness hold down a steady full time job . If the mental illness is so well controlled by medication or therapy as to make that possible , or there is no need of treatment in order to live a normal life , then usually that person can obtain a medically underwritten life insurance policy . If someone is on Disability for the express purpose of mental illness , simplified and guaranteed issue plans are available . Of course , other factors come into play in deciding what type of policy the person with mental illness can get , and finding his/her best price . There include whether there has been a hospitalization for mental illness , suicidal thoughts or attempt , multiple medications needed for one diagnosis , etc. . But the vast majority of persons with mental illness can get life insurance .


Input: Can You Get Life Insurance With Mental Illness?

Output: Yes you can . It depends on the mental illness , medications , and medical history what type of policy you need to go with . Worse case you can go with a guaranteed issue plan . There are some simplified issue plans that may fit or if the problem is mild you may even be able to get a fully underwritten plan . You need to sit down with an experienced independent agent who can evaluate the details of your case and help you find the best plan for you . It would also be a good idea to have a trusted friend or relative present if your mental illness impedes your judgement in any way .


Input: What Happens When You Switch Auto Insurance?

Output: I am not certain what question is being asked here , but I will assume that you are asking about the premium that you may have paid to a carrier for your current coverage term . If you change carriers after paying for your current coverage term , the prior carrier should issue you a refund of all unused premium if you informed them to cancel your coverage .


Input: Can I Get Medicare If I Never Worked?

Output: There are a few ways to qualify for Medicare if you have never worked . If you are married and your spouse qualifies for Medicare you can receive benefits . You must have been married for at least a year , be a citizen or legal resident . You can also buy in to the Medicare system if you meet residency requirements .


Input: Can I Get Disability Insurance With Multiple Sclerosis?

Output: It may be possible to purchase a disability policy with multiple sclerosis . Every insurance company uses different underwriting criteria . You may be able to purchase a simplified issue policy - one with limited monthly benefit amounts . At least one carrier does not ask about MS. You would have to answer no to other medical questions , and answer no to whether you had missed five consecutive days of work during the last 12 months .


Input: Can I Get Disability Insurance With Multiple Sclerosis?

Output: It is extremely difficult to get Disability Insurance while having multiple sclerosis . There is one company that says it will cover MS with a graded disability insurance policy , but the criteria for getting it are so strict that , in essence , it is almost impossible for someone with multiple sclerosis to qualify for it . Group coverage may be possible .


Input: Can I Get Disability Insurance With Multiple Sclerosis?

Output: Because it 's so rare that a company would write someone with multiple sclerosis , you 'll need to provide your agent with as much information as possible before he or she can provide you with a quote . Agents can prescreen with carriers , which means they 'll be able to talk to the underwriter about the likelihood that a policy would be approved before even putting you through the application process . In order to effectively prescreen , the agent would need to know you history pretty well .


Input: Is Critical Illness Insurance A Good Idea?

Output: Critical Illness coverages can provide money to replace lost income and to pay the expenses not coverage by your medical insurance . Studies have shown that medical insurance covers only about 40 % of the true cost of a serious disease such as disease . In addition to medical coinsurance and deductibles , there is loss of income to contend with . The person that is off sick may have disability income insurance to help with this but often the spouse has to also miss work and there is nothing to replace their income . And , if it is their child that is sick , often both will miss work with no income replacement . When you add all the additional expenses of travel , special diets , transportation , child care , etc. the additional expenses can be devastating to a family . One thing I had never thought of before I had a bout with cancer was clothing expenses . I went from 215 lbs to 140 lbs which meant i had to buy new clothes . Now that I am at 185 lbs , my fat clothes do n't fit and my skinny clothes don '' t fit so I have to buy more . Critics of Critical Illness insurance say it is not a good buy because you might have a condition that is not covered under the policy but if you bought a plan that covered every possible event , the cost would be prohibitive . However , you can buy coverage for some of the most common serious conditions at a very reasonable premium . I have never had a cancer patient tell me that their caner or CI policy was a bad buy .


Input: Why Am I Being Charged For Dwelling Extension Insurance, I Have No Other Buildings Other Than My House?

Output: Extensions of coverage are extended from limits built into the package of homeowner coverages . If you are referring to coverage `` B '' - other structures , this coverage is built in based on an antiquated coverage model where there was often a separate structure . Today , a separate structure may include utility sheds , decks , light poles and fences since garages are often attached . If you have none of these ask your carrier or agent if they can add this coverage to coverage `` A '' - Dwelling . I know of at least one carrier who has done this . Others may allow you to use the limit to protect against under-insurance after a loss .


Input: Why Am I Being Charged For Dwelling Extension Insurance, I Have No Other Buildings Other Than My House?

Output: A homeowners policy is a package . As such it reduces costs by combining coverages that are normally required in such a way as to satisfy the majority of customers . The dwelling extension is included in most homeowners policies because so many people have detached garages , sheds and similar structures . It is possible to cobble together a unique policy for you that does not include that coverage ; however , the cost will probably be higher .


Input: How Much Does Medicare Pay For Cataract Surgery?

Output: Cataract surgery is one of the most common surgical procedures covered by Medicare . Most of the cataract claims are submitted during the first 18 months once becoming Medicare eligible . Medicare Part B will pay for standard surgery and a replacement lens implant if the claim is considered medically necessary . Your doctor can advise you about your out of pocket share .


Input: Why Is Life Insurance Cheaper For Women?

Output: There is a branch of mathematics called , actuarial science . Actuaries pour through the records of millions of deaths and try to identify anything that makes a difference from average . One of the early findings was that in a given year women were less likely to die than men . That resulted in the rating that you now see . There is some indication that the trend is towards less of a difference , however , only time will tell .


Input: Why Is Life Insurance Cheaper For Women?

Output: On average , women have a longer life expectancy . The longer one is expected to live , the less the life insurance rate will be based on a level premium paid for life . Insurance companies start with average rates based on gender , age and tobacco use and then underwrite individually to come up with a price based on those rates which may be better than average -LRB- preferred -RRB- or below average -LRB- substandard or rated -RRB- .


Input: Why Is Life Insurance Cheaper For Women?

Output: Life insurance is cheaper for women because statistics over time have proven women as a group tend to live longer than males as a group . Pricing is lower because `` risk '' is spread out over a longer period of time . In a reverse , women cost more for health insurance -LRB- where it 's allowed -RRB- because they are bigger users of healthcare than men . Maybe the reason women live longer .


Input: Why Am I Being Forced To Buy Health Insurance?

Output: Why are you being forced to buy health insurance ? Well , long story short , the Federal Government decided at this point in time that health insurance is no longer a state 's right to decide and have taken over oversight of health care . Prior to this federal act , states were left to decide how much or how little health insurance an individual had to buy . Some states -LRB- Haiwaii -RRB- have a sort of single payor . others allow much more choice in health plans including the choice not to purchase . While I would not consider going without insurance , I do agree it should be up to the individual to decide .


Input: Why Am I Being Forced To Buy Health Insurance?

Output: You are being forced to buy health insurance since the Affordable Care Act -LRB- also known as Obamacare -RRB- was written and is now law . individuals and families must purchase credible health insurance or they will face a tax penalty . This tax will continue to increase each year in an effort to force Americans to buy healthcare . Federal tax subsidies could reduce premiums , if you qualify .


Input: Does Homeowners Insurance Cover Foundation?

Output: Yes , if the damage is due to a covered loss . Typically this will only come into play when rebuilding the home as the foundation may need to be replaced along with the home -LRB- normally when your reconstruction cost is calculated it also includes whether or not you have a basement -RRB- or if your home has an exposed foundation . I encourage you to read your policy completely to understand what is covered and what the exclusions are or contact your local agent to have them go over your policy coverage and exclusions .


Input: Will Medicare Be There When I Retire?

Output: The answer is probably `` yes '' . Medicare is `` too big to fail '' . Working taxpayers paid for Medicare with payroll taxes for years and expect Medicare to be there when they retire . Medicare will survive , but do n't expect it to be anything like the current plan . You will pay more in taxes while you are working , higher premiums , deductibles and out of pocket once you are covered by Medicare .


Input: How Much Does Medicare Part B Cover?

Output: Medicare Part B typically covers 80 % of your medical necessary services performed by medical providers that are assigned to Medicare . Doctors assigned to Medicare agree to only charge what Medicare allows for a particular procedure . If you medical procedures are done by providers that are n't assigned to Medicare , then you could be responsible for up to an additional 15 % above what Medicare covers for a particular procedure . If you have Supplemental -LRB- Medigap -RRB- insurance , the Plans F & G are the only two plans that cover that 15 % .


Input: How Much Does Medicare Part B Cover?

Output: Medicare Part B covers services and supplies that are needed to prevent or treat diseases or health conditions . While Medicare Part A generally covers time spent in the hospital -LRB- in addition to skilled nursing facilities and some other services -RRB- , Medicare Part B generally covers medically necessary doctors ' services , hospital outpatient services , durable medical equipment , preventative care , labs and tests , ambulance , and some other services .


Input: How Much Does State Farm Car Insurance Cost?

Output: State Farm car insurance rates are very competitive in most areas . To determine the cost , you would need to provide your age , zip code , driving record and type of car you drive -LRB- along with a few other bits of information -RRB- . State Farm offers many discounts that can reduce your rate if you qualify .


Input: When Should I Get Life Insurance?

Output: You should get life insurance before you die . If you wait that long , it 's too late . Of course , the ideal time is when you are young , healthy and have defined your financial goals and challenges through a full-time -LRB- not part-time -RRB- broker or financial planner . He/she can review your current and future needs and discuss what role life insurance should play in it .


Input: Why Buy Fixed Annuities?

Output: Tax deferred guaranteed fixed interest rate annuities have a history of crediting more interest than bank CDs and , as the name implies , annuities accumulate tax deferred unlike bank CDs . So the rate and deferral can make an impact , especially on high tax bracket individual who are conservative savers over 5 to 10 years .


Input: Can I Get Life Insurance On My Mom?

Output: You can get life insurance on anyone if you can prove that you will suffer loss at her demise as the beneficiary . But without her signature you can do nothing . Keep in mind that most life insurance companies will frown on securing life insurance on your mother when you have little to no coverage on yourself .


Input: Can I Get Life Insurance On My Mom?

Output: It depends on a few factors as to whether you may purchase life insurance on your Mom . They are known as `` insurable interest factors '' . Do you depend on your mothers income ? Would you be responsible for any of her debt when she dies ? Are you responsible for her final expenses at her death ? If any of these questions are answered `` yes '' then you have insurable interest if `` no '' then you may not be able to purchase life insurance on her . There are a lot of reasons that allow this transaction to occur except for just trying to profit a bit from her death .


Input: Can I Get Life Insurance On My Mom?

Output: Can you get life insurance on your mom ? Yes , you can , but she needs to provide consent to coverage . Actually this is pretty common among sandwich parents these days . A parent picks up a small policy on their parent to pay the cost of the funeral and other expenses involved with taking care of a parent .


Input: Can I Get Life Insurance On My Mom?

Output: Can you get life insurance on your mom ? If she is living , in reasonably good health , and can qualify for a policy , then you can purchase coverage on her . Assuming you have an insurable interest , there are many life insurance carriers that offer very competitive rates , even if she is much older than yourself .


Input: What Is The Best Medicare Advantage Plan In Arizona?

Output: There is no `` best '' Advantage plan . The one that fits your needs and budget is the best for you . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan .


Input: What Are The Minimum Requirements For Car Insurance In West Virginia?

Output: Agree with everything Ed said . In addition to liability coverage , West Virginia also has a rather strange uninsured motorist coverage requirement ... . In most states , uninsured motorist and under-insured motorist are both either required , or they are not . In West Virginia , uninsured motorist coverage is required , but under-insured motorist coverage is optional . WV requires the same coverage for uninsured motorist as they do liability : 20K per person , 40K per occurrence for uninsured motorist bodily injury and 10K of uninsured motorist property damage .


Input: What Are The Minimum Requirements For Car Insurance In West Virginia?

Output: The minimum liability requirements for car insurance in West Virginia is $ 20,000 per person , $ 40,000 per occurrence and an additional $ 10,000 for property damage . Although you are `` legal '' when you have these coverages , you should always consider increasing the amounts , if it is affordable . Like most states , you are also required to carry proof of insurance in your vehicle at all times . All of the major carriers offer minimum limits . To properly compare the best auto insurance prices in West Virginia , utilize an experienced broker -LRB- and their website -RRB- to easily view the companies that have the most affordable options in your area . You are never charged any fees for shopping and comparing .


Input: Which Car Insurance Is The Cheapest For New Drivers?

Output: The cheapest car insurance for new drivers depends upon where you live , what type of vehicle you drive , how man tickets and accidents you have , and the type of coverage you want . An experienced broker with a top-rated website -LRB- That 's what we do best ! -RRB- saves customers up to 45 % in premiums by shopping and comparing the best available options . So to get the best rates and find the cheapest policy , utilize a broker . It 's free and you 'll save time and money .


Input: What Are The Functions And Coverage Characteristics Of Life Insurance?

Output: Life insurance is a financial protection and accumulation product with legal , tax , and economic elements . It is a unique wealth creation and protection tool provides certainty and piece of mind by ensuring a sum of cash is available for heirs at your passing . For cash value life products , it may also provide access to cash for lifetime needs . Life insurance is purchased based on family or business protection needs or for philanthropic purposes . The list is needs that can be met by life insurance is quite extensive as it is versatile financial instrument .


Input: How Much Is Term Life Insurance For 20 Years?

Output: There 's many factors that go into the premiums for life insurance to say what a policy costs - it will be different for every person as we each have our own specific needs . The premium for a policy will depend on the insured 's age , amount of coverage they want , how long they want the coverage for -LRB- in this case , 20 year term insurance -RRB- , their riskclassification -LRB- determined by your medical history -RRB- , and whether they ` reapplying with full underwriting or non-medical term coverage . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please keep in mind - every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Non-medical term life insurance policies will almost always cost much more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . Please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: How Much Is Term Life Insurance For 20 Years?

Output: Term life insurance can cover a temporary need and can be surprisingly affordable . For example , if you are a male age 45 in need of coverage for 20 years , and are in excellent health , it may be possible to obtain $ 500,000 coverage for a level premium for that duration that amounts to as little as $ 2 per day . You should meet with a life insurance professional who can obtain quotes based on your specific circumstances .


Input: What Is Future Value Of Annuities?

Output: The Future Value of Annuity can be determined by the fixed interest rate and fixed time period . A simple math calculation will display the future value . But when other crediting methods are used , such as indexed , the future value is a function of the guaranteed future because the index performance can fluctuate .


Input: When Is Medicare Expected To Run Out Of Money?

Output: Projections vary as to when the Medicare trust fund will run out of money but the truth is the Medicare program is so entrenched among citizens that it will never go away . Adjustments will be made to the program , including higher premiums , deductibles and out of pocket costs . All these are designed to save the government money while shifting the cost to Medicare beneficiaries .


Input: Can I Get Life Insurance After A Heart Attack?

Output: Yes , most people can get life insurance after a heart attack . The type , quantity , and price of the life insurance that one can get after a heart attack depends on a number of variables . These include : The age at which the heart attack occurred -LRB- the older , the better , for life insurance purposes -RRB- . The severity of the heart attack . What treatment followed -LRB- bypass ? stent ? etc -RRB- . Whether the treatment was successful and there was not recurrence for several years . If healthy life habits were pursued -LRB- e.g. quit smoking , exercise regularly , etc -RRB- . Number of cardiac events . Ejection fraction of heart , stress test results , and other cardiac tests . If unable to get a medically underwritten policy , there are some simplified issue policies that simply ask if a heart attack has occurred in the past # of years . Your agent getting a full health history and being able to shop multiple carriers will ensure that you get the best life insurance rate post heart attack .


Input: Can I Get Life Insurance After A Heart Attack?

Output: Times have changed . Post heart attack views on life expectancy have changed over the last decade . There are some items that could disqualify you from securing life insurance , but by and large you should be able to obtain coverage . Well established and managed post cardio therapy can add to the debits on an underwriting balance sheet .


Input: Can You Get Life Insurance If You Are Bipolar?

Output: Yes you can . You can go for either a guaranteed issued policy which asks a few health questions or fully underwritten if you have not hospitalized recently from your bipolar disorder . A lot will depend on how much coverage you are seeking . The smaller the amount the less questions typically asked .


Input: Can You Get Life Insurance If You Are Bipolar?

Output: Yes , most people can get life insurance if they are bipolar . The things that would cause them to NOT get a medically underwritten policy are a recent hospitalization for bipolar disorder , not having had at least year of stability , or being on Disability specifically for bipolar disorder . However , in those cases there are simplified issue policies that nearly always work .


Input: Does Congress Pay For Their Own Health Insurance?

Output: Government employees generally get their health insurance from the FEHB program -LRB- Federal Employee Health Benefits -RRB- rather than buying health insurance through the health insurance exchanges or a group plan through the private sector . The programs are structured in a similar manner to health plans available to private-industry workers - e.g. networks for plans can be structured with an HMO , PPO , Fee-for-service , etc. and feature deductibles , coinsurance , HSAs , HRAs , etc. .


Input: How Much Is Medicare Underfunded?

Output: Every year since 2008 Medicare has paid out more in benefits than it has in the trust fund . Last year the deficit exceeded $ 2 trillion -LRB- expenditures vs revenue -RRB- . Some sources say the Medicare trust fund will be depleted by 2024 while others say it will happen by 2016 . This ca n't continue .


Input: What The Best Roth IRA Fund?

Output: There are a wide variety of funding options for a Roth IRA . Those with greater risk anticipate higher returns but 2008 illustrates that they can also have great losses as well . At the other end of the spectrum there are extremely conservative , guaranteed interest products that grow steadily . The key issue is going to be not the product but the period of time when the investment is held .


Input: Can Breast Implants Be Covered By Medicare?

Output: Breast implants are not covered by Medicare if done for cosmetic purposes . However , Medicare will cover breast prostheses following a mastectomy under Medicare Part A -LRB- if done on an inpatient basis -RRB- or Medicare Part B -LRB- if done on an outpatient basis -RRB- . The post-surgery brassiere is also covered by Medicare .


Input: Does Everybody Need Life Insurance?

Output: It is the single most important form of insurance and everyone regardless of single , married , kids , age , etc should have it . Think of it like this . You have auto insurance to protect a car , home insurance for a home , etc , but why would anyone not protect the only thing you really own and the loved ones that care about you with life insurance ? You can easily replace a car or a home with another , but how do you replace a life and the financial burden placed on the ones you love ? Life insurance allows you to do that and if you do n't have it I recommend contacting your local independent agent .


Input: Does Everybody Need Life Insurance?

Output: As someone who has owned a life insurance policy since age 19 let me express it this way . You need life insurance if there is somebody in your life who will have to pick up your mess and settle your affairs . At 19 , the purchase of life insurance made perfect sense to me as I had a mom and a dad and if something happened to me , It would fall upon them to take care of my loose ends , arrange my service and maybe need some time off . This was long before I entered the insurance world as an agent . It just seemed to me , if I had died , it made sense to help my parents with the cost of dealing with my death . I figured my death was bad enough for them to deal with , my bills , my apartment and my service would just be piling on to a bad situation . So this is how I look at this situation `` does everybody need life insurance ? '' No , they do n't , but I feel sad for the person who has no need for coverage as it means there 's nobody that matters in their life enough to protect from their passing from it .


Input: Does Everybody Need Life Insurance?

Output: Life insurance is not for the living , but for those left behind . Only you can answer the question , `` Do I need life insurance ? '' . The most common purpose of life insurance proceeds is to replace lost income of the decedent and pay debts of the estate . But personally owned life insurance is much more . Large estates with complicated and non-liquid assets should consider life insurance to cover estate shrinkage and add liquidity . Larger estates also usually incur tax liabilities that can be paid with life insurance proceeds . Some individuals like to endow charities or educational institutions with life insurance proceeds . One of the most debated life insurance needs is on the life of a child . Many will argue that children do not incur debt nor do they generate income , so there is no need to buy life insurance on a child . As a parent I can think of nothing worse than the loss of a child . Feeling pressure to return to work the day following services because of financial needs would only compound the loss . Parents need time to grieve the loss of a child and do so with dignity .


Input: Does Everybody Need Life Insurance?

Output: Everyone can `` benefit '' from having life insurance but not everyone `` needs '' life insurance . If you are lifelong single , have no debts , have prepaid all your final expenses -LRB- funeral , cemetery , cremation -RRB- no dependents what so ever , have no charities , people or organizations that you want to transfer money to upon your death ... you have the least need for life insurance . But even then you could benefit from the tax-free cash accumulation of a dividend paying whole life policy . You just have to assess you wants and goals and measure them against the cost .


Input: Who Offers Roth IRA?

Output: The list of organizations offering a Roth IRA is long . It would include most life insurance companies , most banks , most credit unions , and most companies dealing in securities . The Roth IRA is just a plan that meets the requirements set out in the Internal Revenue Code . The funding of an IRA can vary widely .


Input: How Do Life Insurance Companies Test For Nicotine?

Output: The main way that life insurance companies test for nicotine is through the urine sample . Another way is through the blood sample . What they are checking for is actually a metabolite of nicotine called cotinine . Cotinine can be detected longer than nicotine can , and shows up in levels that are proportionate to the amount of tobacco used . That way underwriters can tell approximately how much the applicant smoked , or even if their exposure to nicotine was from secondhand smoke .


Input: Is Disability Buyout Insurance Taxable?

Output: This depends on how the premiums were taken care of . If the premiums were deducted as a business expense , than the benefits paid by the policy would normally be taxable . If the premiums were not deducted as an expense than they generally will not be taxable .


Input: Is Disability Insurance A Good Investment?

Output: Disability insurance is not really meant to be an `` investment '' . Disability insurance is meant to protect your most valuable asset , your ability to earn a living . Unless you are independently wealthy or have built a residual income stream that pays you enough money to live the rest of your life without any effort on your part , you need disability insurance . Most disability policies have limits up to 70 % of your monthly income in case of an injury or illness so severe you can no longer work . There are a lot of moving parts to purchasing a good disability policy such as waiting periods , elimination periods , benefit periods , both health and financial underwriting and it can be very confusing to the novice . I recommend using an experienced disability insurance broker who can help you navigate this maze of coverage . Never buy insurance based on price , it is about having the right product at the best price . Good luck !


Input: Is Disability Insurance A Good Investment?

Output: No . Disability Insurance is a terrible `` investment '' because you may never get any return on the money you pay in -LRB- premium -RRB- . If you have a `` return-of-premium '' on the policy and never apply for the replacement of income due to accident or injury , you 'll get money back , but you lose the time value of the money you paid in over all those years . However , all of that is due to the fact that no insurance policy , DI or otherwise , is designed to be an `` investment '' . Buying a DI policy does not provide a `` return '' that exceeds money paid in premium unless there is an event that triggers the payout of benefits . Benefits are not technically an investment return . If premiums are paid out-of-pocket , the benefits are not even income-taxable . In other words , one buys DI insurance not to `` get gain '' but to be `` made whole '' . This may appear to be a semantics problem , but it is not . One should never look at the payment of premium into a DI policy as an investment . One may look at the payment of premium into a DI policy as `` insuring a portion of one 's income against loss due to a prolonged recovery from accident or illness . ''


Input: What Is PIP In Auto Insurance?

Output: Hello . Pip is Personal Injury Protection is an insurance term it covers the insured for personal injuries medically related to a accident or claim . If we can assist you further give us a call today . www.perezinsuranceprofessionals.com # 678-710-9687 Diana Perez Licensed agent For more help just visit our website , it has a helpful information tab which includeda terms of insurance . Or you can call us . Thanks .


Input: Does Health Insurance Cover CPAP?

Output: Your health insurance plan will most likely cover a CPAP machine provided you meet the criteria of their guidelines . Every plan is different , but the process is similar . You must have had a consult with your PCP who refers you to a sleep study program . The results of your sleep study must be presented to your carrier along with a doctors diagnosis of sleep apnea and a recommendation for a CPAP


Input: What Is Payout Annuities?

Output: Generally speaking , annuities offer payout options to their policy owners . Some elect to take out withdrawals other predetermined schedules like ten years or twenty years certain . But a popular payout option is annuitization for the life of the annuitant based on his or her age . And keep in mind that mortality credits are added to the interest rate yield creating a compelling reason to investigate lifetime income you cant outlive .


Input: How Much Does Health Insurance For Children Cost?

Output: Child only policies are often hard to find since Healthcare Reform was passed in March of 2010 . ACA -LRB- Obamacare -RRB- forced companies to no longer deny coverage for children . Many of the carriers decided to no longer take that risk . There are still some companies that will offer a child only policy . I would recommend you speak with a local broker who represents a number of companies and can compare those rates for you .


Input: Does Medicare Pay For LPC?

Output: No , Medicare does not pay for LPC 's , or Licensed Professional Counselors , at this point in time . Legislation has been proposed to include payment for LPC 's under Medicare part B . As of now , only Licensed Clinical Social Workers , PhD Psychologists , and Psychiatrists are able to be reimbursed by Medicare for persons needing counseling .


Input: Can I Get Life Insurance If I Have Sleep Apnea?

Output: Yes , there are many life insurance options for people with sleep apnea . However , the price can vary a lot depending on your type of sleep apnea and level of control . Mild obstructive sleep apnea that is well controlled with cpap or bipap can be rated as good as Preferred or better with some companies . At the other extreme , severe sleep apnea with noncompliance with treatment and no alleviation of symptoms , can result in a decline for medically underwritten policies . Consulting an agent very familiar with life insurance coverage for persons with sleep apnea can make a big difference in amount of coverage you can get , and in the price you pay .


Input: Can I Get Life Insurance If I Have Sleep Apnea?

Output: Video Transcript : Today 's question is , Can I get life insurance if I have sleep apnea ? Well the answer is many times yes , but I need to know some answers to some questions . Are you using a CPAP machine , or a BiPAP machine , as well as what 's your height and weight , and have you used tobacco in the last 12 months ? I also need to know the date or age of first diagnosis , and whether the sleep apnea was diagnosed as obstructive , central , mixed , or unknown . As well as was the sleep apnea diagnosed as mild , moderate , or severe and then the date of the last sleep study that you have undergone . All these factors will be able to give us a great idea of which carrier to go to . Remember certain carriers are more benevolent with sleep apnea when it comes to pricing life insurance .


Input: Can I Get Life Insurance If I Have Sleep Apnea?

Output: New York Life has a great many insured with sleep apnea . How is it affecting your life ? Are there other diagnoses that are of concern . If you simply have sleep apnea and need no treatment , you very well are likely to be covered easily .


Input: What Does Medicare Cover For Skilled Nursing?

Output: When someone has been prescribed medially necessary skilled nursing , here is what is covered -LRB- when provided by a Medicare approved provider -RRB- : 1 . Semi-private Room -LRB- a room you share with other patients -RRB- 2 . Meals 3 . Skilled Nursing Care 4 . Physical Therapy * 4 . Occupational Therapy * 5 . Speech-Language Pathology Services * 6 . Medical Social Services 7 . Medications 8 . Medical Supplies and Equipment Used in Facility 9 . Ambulance Transportation -LRB- when other transportation endangers health -RRB- to the nearest supplier of needed services that arent available at the SNF 10 . Dietary Counseling * If prescribed to meet your health goals


Input: What Does Medicare Cover For Skilled Nursing?

Output: Skilled Nursing Care is covered under Medicare Part A and can only follow at least a three day stay in a hospital . Skilled Nursing Care is rehab , the goal at a Skilled Nursing Facility is to get you better so you can come home . Medicare covers Skilled Nursing Care at 100 % for the first 20 days . If your doctor thinks you should stay longer than 20 days Medicare starts charging a co-pay of $ 157.50 per day for days 21-100 . Skilled Nursing Care should not be confused with Long Term Care because Medicare will only allow you to stay up to 100 days in a Skilled Nursing Facility . Be sure your Medicare Supplement policy covers the additional days -LRB- 21-100 -RRB- in a Skilled Nursing Facility .


Input: What Does Medicare Cover For Skilled Nursing?

Output: When re-habilitative care is prescribed , medicare provides coverage for 100 days . The first 20 days at 100 % and the next 80 days are subject to co-pays . Medigap insurance usually will provide benefits equal to the co-pays . Benefits after 100 days are `` out-of pocket '' and usually quite expensive . Long . Term Care policies are often purchased to provide benefits after the 100 days of coverage provided by Medicare .


Input: Does It Cost More To Insure A Red Car Than Cars Of Other Colors?

Output: Insurance is never based on the color of your car . The rates are based on many factors depending on your state in your sex makes a difference In Montana Your sex makes no difference . In other states your sex and if your married or not can play a role in ratings . Also with all carriers your driving history your credit and how many accidents in your area make a difference but NEVER the color of your car


Input: What Is Cost Of Term Life Insurance?

Output: The premium you pay . That 's the cost of insurance they charge you . It 's very simple . Some of the cheapest I 've seen is about 1 % annual premium of the total death benefit . That would be about $ 1000 a year for $ 100,000 for a 55 year old male . That 's cheap compared to northwestern