Input: Can You Have Two Life Insurance Policies?

Output: The simple answer is yes , you can have two or even more life insurance policies in force at the same time . The main restriction on the amount of life insurance you can have is how much you are worth . When you apply for any insurance policy , they will ask what other plans you have in force . If you are asking for too much insurance combined between all of your plans -LRB- this amount varies based on the company but is often 20-25 times your annual income -RRB- , they may deny your request .


Input: Can You Have Two Life Insurance Policies?

Output: You can have multiple policies as long as the total face amount or death benefit does n't exceed the economic justification limit based on your finances . Some policy holders use life insurance for protection with term life insurance and cash value life insurance for tax advantaged income as a supplement to their retirement plan .


Input: Can You Have Two Life Insurance Policies?

Output: Yes , you can have two or more policies , as long as you qualify financially for the total amount of coverage . Some mixed families take out two policies , rather than have their biological children and stepchildren have to split the same policy proceeds . Or , they take two policies so their divorced spouse has a different policy than their current spouse . Those who own business policies may need to keep them separate from personal policies for tax reasons . Sometimes having two policies is better than one , because the death benefit will be covering two completely different types of needs . E.g. . You might want a small policy to cover your funeral expenses , which would necessitate some type of permanent insurance . But you might also want a larger policy to pay off your mortgage , and 10 year Term -LRB- which usually costs much less than Whole or Universal Life -RRB- may be a much more economical choice for that particular need .


Input: Can You Have Two Life Insurance Policies?

Output: Certainly you may have two or even more life insurance policies in force . The main issue with an underwriter would be the total face amount has to be in line with your earnings , debt or net worth . In many cases a consumer should carrier multiple policies . For example , if you need one million in term life over a 30 year span , you should break it down to your exact needs . Lets say you owe $ 300,000 for 20 years on a mortgage and your children will be out of college in 10 years . It may make since to have $ 200,000 in 10 year term for your children `` s college and $ 300,000 in 20 year term for the mortgage and $ 500,000 in 30 year term for income replacement . This is still $ 1,000,000 in term but it expires when no longer needed and keeps premiums down to a minimum . I suggest consulting with an experienced independent broker to shop the right product mix for your unique situation .


Input: Can You Have Two Life Insurance Policies?

Output: Sure , you can have two Life policies . The face amount in total will need to be justified by your own personal financial exposure of course , but many people carry multiple policies for differing reasons . Some may cover the exposure for a short term loan , others may have more permanent or longer term functions such as retrement protection or education funding . Still others can be to protect the financial interests of partners in a business .


Input: Can You Have Two Life Insurance Policies?

Output: Many people do - they have a policy through their workplace , and then a policy outside of work to ensure coverage that work did n't provide , or in the event that the employment ends . You may have more than one policy , but the insurance companies will put a limit on how much coverage you can apply for . If you would like more information , please hit the ` contact me ' button , I 'd be happy to help . Thanks for asking !


Input: Can You Have Two Life Insurance Policies?

Output: Yes , you can have two life insurance policies if you are financially qualified to have that total amount of coverage . When you apply for a new policy , the insurance company will ask about your existing life insurance , and whether or not you plan to replace it . They are not asking this to disallow you to get a second -LRB- or third or fourth or fifth -RRB- policy . They are just checking to make sure that your income justifies the amount of life insurance you are getting , and also to prevent unscrupulous agents from taking advantage of you by having you replace valuable policies with inferior ones .


Input: Why Is Car Insurance Mandatory?

Output: I believe the intent behind mandatory auto insurance is to help keep the costs of auto insurance at as low a rate as possible for all . The more people purchasing coverage typically the lessor the cost of the coverage . Also by requiring all licensed drivers to have insurance , it is more likely that you will not experience a devastating financial loss due to an accident as in theory everyone will have auto insurance .


Input: Is Life Insurance Personal Property?

Output: Intangible personal property is the term that applies to a life insurance policy . It is personal property that can not be moved , touched or felt . Rather , intangible personal property has an intrinsic value that is not physical in nature .


Input: Is Life Insurance Personal Property?

Output: When you say is life insurance personal property ? My answer would be yes , because if you get a life insurance policy you own that policy , it 's yours . There is a lot of value in owning a life policy , you can build cash value and protect your property . Think about it this way , if you own a home that 's your property . If you own a car that 's your property as well . A life insurance policy can protect everything you have . The policy can protect your personal property .


Input: Is Life Insurance Personal Property?

Output: Life insurance is considered personal property by the owner of the policy . A term life insurance policy has no value other than to the beneficiary at the insureds death . A permanent life insurance policy such as whole life or universal life does have value as personal property to the owner based on the cash value of the policy at a given time . Permanent life insurance policies are listed as a financial asset . If you have group life insurance through your work , the owner of the policy is your employer and therefore has no value to you personally .


Input: Can I change medicare providers after 3/1/2015 in Indiana?

Output: Are you referring to a Medicare Supplement plan -LRB- also known as a Medigap plan -RRB- , a Medicare Advantage plan , or a Medicare Part D prescription drug plan ? Your original Medicare coverage -LRB- Medicare Parts A & B -RRB- is provided by the federal government . You can apply for a new Medicare Supplement plan anytime during the year . You can be subject to medical underwriting -LRB- answering yes/no health questions , a phone interview with the carrier , and a prescription check -RRB- if you 're outside your initial enrollment period -LRB- when you were new to Medicare Part B -RRB- and do not have a guarantee-issue right available to you . Medical underwriting for Medicare Supplement plans can be done in less than a week . There are no exams for these products . Please note , a common concern I hear a lot from individuals looking to replace their Medicare Supplement plans is they 're worried they 're at risk of losing the existing one if they apply for a new one and get declined . This is NOT true ! Even if you apply for a new Medicare Supplement plan and get declined , you can always keep the existing plan because Medicare Supplement plans are guaranteed renewable . If you 're looking to change your prescription drug plan provider or your Medicare Advantage plan provider , you can only make a change during certain times of the year . For the most part , you can only make changes during the annual enrollment period each year -LRB- between October 15 - December 7 -RRB- with changes becoming effective January 1 . Outside of this enrollment period , you can only make changes under certain situations -LRB- known as special enrollment periods -RRB- . An example of this is if you moved outside of the plan 's service area . For a full list of situations that qualify you for special enrollment periods to make changes , please visit the Medicare.gov website . 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: How Much Is Life Insurance For Kids?

Output: The price depends on how much coverage , state and whether the child is male or female . Remember that if you are buying a Universal Life policy , you will probably want to accumulate cash as soon as possible so that you have a college fund already planned out . Got a Question for me - let me know :-RRB-


Input: How Much Is Life Insurance For Kids?

Output: Life insurance for children is the lowest it will ever be . The younger the child , the lower the rate , and that is the best time to start an education policy , or even retirement policy for that child , not just death benefits . You would want a policy with full living benefits , like offered by Premier Financial Alliance . It allows the child to take money from the policy for school , marriage , a new house , or retirement , or also for chronic , critical or terminal illness . See your agent . GARY LANE . garylane@cox.net . 714 422 9616 . Thank you .


Input: How Much Is Life Insurance For Kids?

Output: How much is life insurance for kids ? As few as a couple dollars a month upward . A parent can spend a few dollars a month and have a child rider attached to their policy and provide a small term policy for their child . Or a parent could spend a bit more and purchase a whole life or other cash value policy and create the first building block in a financial plan for their children . A big thing to consider with a child 's policy is buying the future insurability option . What this does very simply , is take away an insurance company 's ability to say `` no '' to your child later on in life if they wish to purchase additional life insurance . You may need to think about that one but how often can you think of any situation where you can take away an insurance company 's ability to say `` no '' to you ? The future insurability option LOCKS in a `` yes '' several times through your child 's life for a very small amount of premium .


Input: How Much Is Life Insurance For Kids?

Output: Costs vary depending on the type of policy applied for as well as which riders are chosen . Obviously , the amount of coverage also plays a role in the premium . In some cases , parents may be able to insure their children with a child rider attached to the parent 's policy for a very low cost -LRB- a couple of dollars a month -RRB- , but as with anything , there are trade-offs .


Input: How Much Life Insurance Is Enough?

Output: Conventional methods center on a capital needs analysis -LRB- how much do I need as a lump sum at my death to create an income for my family -RRB- . Other methods look at Human Life Value . There are variations on these as well . Ask a life insurance professional to provide a customized analysis for you and your family . There are a wide variety of online calculators such as this one : WEBSITELINK These calculators can help get your arms around the problem and better prepare you for a planning discussion with your agent .


Input: How Much Life Insurance Is Enough?

Output: The amount of life insurance that each person feels is enough depends on what they want their life insurance to accomplish . E.g. Do you want it to pay off your house so that your spouse could handle the rest of their living expenses on their income ? Then you policy is enough if it lasts as long as your mortgage , and is of a sufficient face amount to pay your mortgage off . Or do you want your life insurance to enable your spouse to be able to live the rest of their lives without having to work outside the home ? That would take a substantially larger policy , and at least some of it would need to be in permanent coverage . It can be helpful to discuss this with an experienced life insurance agent who can help you determine what is most important , and be sure to get enough life insurance to cover that .


Input: Does Health Insurance Cover Dissociative Identity Disorder?

Output: Currently , most individual plans have limited psych benefits vs. group health plans which are typically richer in benefits . That being said , dissociative identity disorder -LRB- DID -RRB- or MPD is a `` questionable '' diagnosis at best . The DSM code is 300.14 , but even then there is disagreement within the psychiatric community about the illness . There is a belief that some will try to fake the illness , so getting a carrier to agree with the diagnosis and certify the claim may be a challenge .


Input: How Much Renters Insurance Is Enough?

Output: The best way to think about it is , to imagine that your unit has been gutted by a fire . You have lost everything that you own . How much money will you want ? If you take pictures of your unit you will know what you had . If you estimated the replacement cost for each item , you would know how much you would want . I suggest that number guide you in selecting a renters policy . If a process server appears at your door with a lawsuit , how much back up do you want ? I suggest you take as much liability coverage as the insurance company offers .


Input: How Much Renters Insurance Is Enough?

Output: Renters insurance should be enough to cover all of the contents that you own in a rental property . If you are renting a small studio versus an entire house , the amounts should be very different . A rule of thumb that has been taught to me was to use $ 10,000 per room rented . Also , check with your insurance company to find out what the minimum coverage is to have replacement cost . Without replacement cost , you will only receive depreciated value in the event of a loss . So that new TV you bought three years ago will be worth much less today . You would rather have the replacement of a new TV for an older TV . You should also include some sort of liability coverage when purchasing your renters coverage .


Input: Who Does The Cheapest Home Insurance?

Output: There is no such thing as the cheapest home insurance if you are referring to cost . Insurance polices are not cookie cutter . Everyone has different coverage needs in different areas of the country . The best suggestion is to contact an independent agent who is in your area to discuss your home insurance needs . This way you can review coverage options and find the right policy for the right premium .


Input: Where Is American Income Life Insurance Company?

Output: American Income Life Insurance Company is headquartered in Waco , TX . It is a wholly owned subsidiary of Torchmark Corporation , which is also based in TX . To determine where any life insurance company is located , you can go their webpage to the About Us section or call any agency or website that offers lie insurance quotes to find that information for you .


Input: Is Car Insurance Cheaper If You Are Married?

Output: Under many carriers your auto insruance will be less costly if you are married rather than if you co-habitate with another person . Each carrier will set their own standards as to how this affects the rates that they provide . Contact a local agent to find out about coverage availability and pricing within your area .


Input: What Do I Need To Register For Medicare?

Output: If you have paid taxes into the system then enrollment is automatic . You should receive your Medicare card and a packet of information from Medicare shortly before you turn 65 or qualify for Medicare if you are on disability . If you do not receive your card by the time you turn 65 then you need to call your Social Security office or 1-800-MEDICARE .


Input: How Expensive Is Renters Insurance?

Output: Renters Insurance is an essential component of protecting your personal belongings and personal liability risk if you do not own your home . This valuable coverage is very inexpensive and the premium can be adjusted based on the amount of coverage you require and the deductible option you choose . For example , a low coverage amount and a high deductible will provide the lowest premium charge . The rates vary based on geographic location . We will offer you a referral link to obtain a quote and purchase insurance online ; if you need any clarification , we recommend speaking to a licensed professional to answer any questions ! The following link is an online format to obtain a quote and buy renters insurance online in multiple States . This exemplary experience is a direct response to many years of requests from consumers looking for a self service method to purchase insurance without speaking to an agent . WEBSITELINK


Input: What Is A VEBA Retirement Plan?

Output: A VEBA stands for Volunteer Employee 's Benefit Association and is a not a retirement income plan . It is a health benefit plan that pays medical costs , dental , eye care and health insurance related premiums much like an HSA account . And like an HSA account , a VEBA is generally tied to a high deductible health plan .


Input: What Should Long Term Care Insurance Cost?

Output: The cost of long term care insurance -LRB- LTCi -RRB- insurance depends on your gender , age , smoking status , health history and current medical condition . It also depends on additional riders you may select like an inflation rider . A 60 year old male non smoker purchasing full coverage with an inflation rider may pay around $ 300 a month for LTCi coverage .


Input: What Should Long Term Care Insurance Cost?

Output: To see what the maximum is that the federal government will allow you to deduct for long term care premiums , see this website : WEBSITELINK . Each state has different average costs for long term care , so the premium in the less expensive states should not be this high , while the premium might be more if you live in a high cost area .


Input: What Are The Advantages And Disadvantages Of Long Term Care Insurance?

Output: The advantage of long-term care insurance is the protection that it provides ... a monthly income to pay nursing home or other facility expenses . The disadvantage , I suppose , would be the premiums you pay that are lost if you remain healthy and never use the policy . That 's not so bad is it ?


Input: Should House Insurance Be In Joint Names?

Output: The insureds on the homeowners policy should reflect the legal ownership of the home . Normally the initial insurance policy is ordered by the title company and they make sure that the insured and the title read the same . Subsequent policies from other companies generally like to see a copy of the existing insurance and in that process they pick up the correct ownership of the policy . The one place where this doesnt always happen is when the ownership of the property is transferred to a living trust . The living trust should be included as additional insured at a minimum .


Input: Should House Insurance Be In Joint Names?

Output: This depends on how the home is titled . If it 's titled in both names then , yes , the insurance should be in both names . Most insurance companies do n't require both to be on the insurance but your mortgage company might . Th technical requirement follows the title . However it 's titled , that 's how the insurance needs to be written .


Input: Insurance company keeps raising rates and making my mortgage payments go up. What should I do?

Output: To the first part of your question , yes it is legal for an insurance company to adjust rates upon renewal . On a Homeowners ' policy , more than likely you have some sort of an `` inflation guard '' element built in which adjusts your dwelling amount each renewal to keep up with increases in inflation and other building related costs . Talk to your Insurance Professional about having a current reconstrustion analysis completed on your home to be sure that the coverage amount is accurate . Also talk about any and all available discounts to make sure you are taking advantage of them . Finally ask about price controlling by increasing your policy deductible and be sure to check into any improvement discounts that might be available if you recently completed upgrades in your heating , plumbing or electrical systems or put on a new roof .


Input: Insurance company keeps raising rates and making my mortgage payments go up. What should I do?

Output: Yes it is legal , all insurance is regulated by the state insurance commissions , so anything Allstate is doing has been approved by them . First thing you should do now is contact a local independent agent and have them quote you with multiple carriers that can compete for your business . Typically the insurance companies are going to want your home and auto bundled together . This also gives you the most discount opportunities . Every insurance company will work with your mortgage company to get the premium paid .


Input: Insurance company keeps raising rates and making my mortgage payments go up. What should I do?

Output: Everything the guys said above is spot on ... . Check to make sure you have all your discounts . Also , ask about coverage you do n't need . Most home policies have coverage for `` other structures '' . This could be a detached garage , storage building , or a car port . If you have ZERO unattached structures on your property , ask that to be zeroed out !!! It 's not a lot of savings ... yet I 've seen $ 20 - $ 200 a year saved . DO NOT try to save by reducing your liability coverage . If money is tight now , think of how bad it will be if you are raked over the coals by an ambulance chasing lawyer !! Last I want to address the my rate statement . Yes , that is the amount you are paying each month . Sadly , most customers -LRB- just shy of ALL -RRB- come to me with no real idea of how insurance works . Think of it as OUR insurance . You are in a pool with thousands of others . As people keep jumping in the pool and splashing water out , the water must be replaced . Well , its not water its money instead of water that needs to be replenished . So if your neighbor does a cannon ball of a claim , say a fire , A LOT has to be replaced . Yes , the neighbors rate radically goes up . Yet everyone in the pool is sharing the overall risk in an area . Your rate will go up dues to inflation and because the pool needs to be replenished . SOMETIMES there is just too much crud in the pool . YOU CAN look into joining a new group of insureds that are in a cleaner pool . SHOP AROUND . If you have a question , reach out ! - gravy


Input: Insurance company keeps raising rates and making my mortgage payments go up. What should I do?

Output: Most insurance companies require the homeowner to carry insurance that covers the cost of reconstructing the home . This can be a great deal different than the current market or assessed value of the home . Companies rely on independent evaluation programs and adjust the amount of coverage annually to reflect the increased cost of reconstruction . Get another evaluation done to see if that is the source of your problem .


Input: Can I Collect SSDI And Private Disability Insurance?

Output: Yes , there is generally nothing that prevents you from being eligible for benefits from both . The only exception would be a social insurance substitute or SIS rider on an individual disability insurance rider . If you have an insurance policy with a SIS rider , than the benefit paid under the SIS rider is offset by any benefits received from Social Security Disability .


Input: Is There Capital Gains Tax On Roth IRA?

Output: A Roth IRA is an approved retirement savings program . It deals with two things , the taxation at the time of deposits and the taxation at the time of withdrawal . One of the beauties of the plan is that taxes are not due during the accumulation phase of the plan . The money accumulating in a Roth IRA can be made up of interest or capital gains . These are treated the same way , deferred and not taxed during accumulation nor upon distribution as long as minimum requirements are met .


Input: Is There Capital Gains Tax On Roth IRA?

Output: That is an excellent question ! The investment gains within your Roth IRA are not subject to capital gains taxes . As long as your gains are contained within the IRA , you are n't subject to any taxes on those gains . That is one of the best reasons to have one . Your contributions are taxed before making them , so like life insurance , it is n't taxable coming out . There are rules about making qualified withdrawals that have to be followed to keep your withdrawals tax free during the first five years , but they only apply to the gains , not the contributions . -LRB- Those can be taken out at any time without penalty , other than loss of earnings potential . -RRB- Roth 's are excellent investment vehicles , particularly when considering the tax implications . Thanks for asking !


Input: Is There Capital Gains Tax On Roth IRA?

Output: Is there capital gains taxes on a Roth IRA ? Short answer ? NO . A Roth IRA is tax free in distribution if used as the plan design calls for . The funds going into a Roth are post tax dollars . In other words you 're paying your taxes up front so the gains can remain tax free . This is the opposite of other retirement plans that allow you to not pay taxes on the contributions , but later tax the withdrawals .


Input: Is There Capital Gains Tax On Roth IRA?

Output: blah , blah , blah ... Why must some people complicate such a simple question ? NO , there is no capital gains tax in any form of IRA . In fact , there is no tax on a Roth IRA , period . With 1 exception ... if you withdrawal before the required 5 years . Then , any gain would be taxed as ordinary income .


Input: Should Long Term Care Insurance Be Mandated?

Output: Whether long-term care insurance should be `` mandated '' requires an associated question : `` Mandated by whom ? '' Also , any question that includes the word `` should '' involves a question of values and may fall into a political category of some kind.The question , however , is a good one . We have a looming crisis that has only just begun . Millions of people will soon be at the age of possibly needing extended care before they pass away . The current `` baby boom '' demographic has hit retirement age and is about 20-30 years from cresting at an age that many may need care before dying . Unless there are many medical advances , care accommodations , and/or technological improvements for elder care , hundreds of thousands of people in their 70s , 80s , and 90s and beyond will need assistance in successfully performing the activities of day-to-day life , such as feeding oneself , getting from one place to another , dressing , bathing , etc.Who is going to provide that care ? First , it will be family -LRB- spouse and/or adult children , if available -RRB- , but beyond that , there is only Medicaid -LRB- Medical in CA -RRB- to provide care services . The problem is that one must become `` indigent '' to qualify for government aid , and one must be admitted to an approved facility to receive care . -LRB- Medicare currently only provides hospital , recovery , and skilled nursing care for a maximum period of 100 days . A hospital stay for a minimum of three days is required to qualify in most cases . -RRB- If the questioner is asking should the government be mandated to provide long-term care , then this is entirely a political question . The government , ultimately , is the tax-payer . Congress is the body of our government that legislates laws.If the questioner is asking should everyone be mandated to purchase their own long-term care coverage , the answer is probably `` no '' . Even though that might seem like a solution , the cost of privately-owned long-term care is currently far beyond the reach of many Americans . Some could not even afford the premiums of a base policy which would n't come close to paying what long-term care might end up costing.A commission formed by Congress is currently meeting to debate and hear testimony on the question of how we , as a society , will handle those that have no family or other support group , do not own long-term care insurance , and are `` taking too long to die '' . This makes the question a moral one , and one that deserves an answer so that people may die with dignity .


Input: Should Long Term Care Insurance Be Mandated?

Output: Should long term care be mandated ? Originally with the ACA -LRB- obamacare -RRB- it was . It was quickly removed as it was discovered that long term care payouts are incredibly expensive and a $ 50 a month charge to everyone would not cover the expenses to be paid out . It is hard to demand a mandate if one can not collect enough revenues to pay the benefits the mandate would create . There is a need for LTC for more and more people , private and public insurance struggle to meet the costs expected with the coverage . Private insurance rates are rising at a quick rate . I just do n't believe it is mathematically possible to mandate and actually provide the service to everyone .


Input: When Can You Cancel Life Insurance?

Output: Life insurance policies that are owned by you and paid by you can be cancelled by you at anytime . The exception is mentioned above with a court order or contractual obligation . A term life insurance policy is as easy as a phone call and it will be cancelled . Most insurance carriers will require your request in writing . A cash value life insurance policy such as a whole life or universal life that has cash value may have some tax consequences to cancelling coverage . When you cancel a policy with cash value , the difference will be returned to you and you will be responsible for paying the taxes on the cash value growth at your current income level . if this is the case , be sure and have a statement to look at prior to making the cancellation .


Input: When Can You Cancel Life Insurance?

Output: Assuming you are under no obligation such as an agreement or court order to continue a life insurance policy and are the policy owner , you may cancel at any time . Coverage will end and your premiums will stop . If it is a permanent policy , the cash value net of any loans or early surrender charges would be paid to you . If the cash value exceeds what you paid in premiums , that gain is subject to income tax .


Input: When Can You Cancel Life Insurance?

Output: As Jerry said , you can cancel a life insurance policy at any time , as long as there is not a court order or contractual agreement for you to keep it . When you cancel a life insurance policy , the coverage is lost and you would have to start over again with being medically underwritten -LRB- or buy a simplified or guaranteed issue nonmed plan -RRB- to get a new policy . The new rates will be at your older age and current health . Be sure that you are approved by this new policy before cancelling an old one , or be sure that you no longer need life insurance before cancelling a policy .


Input: What Life Insurance Should I Get?

Output: There is no one policy that is the best for everyone as we each have our own needs and purposes for buying life insurance . Some may buy life insurance because they just got married , some because they have a new child , some for estate planning , and some for income replacement , just to name a few reasons why people buy it . In evaluating which is best for you , there 's a number of factors to consider such as what type of coverage do you want/need , the reason you want to buy it , how much coverage and for how long -LRB- e.g. term vs. permanent -RRB- , premium affordability , health status , where you live , and others . Term insurance is ideal for short term protection -LRB- e.g. paying off a mortgage or providing income in the event of an early or unexpected death -RRB- . Permanent insurance is ideal for long-term safety net protection , estate planning , retirement planning . Many people buy both types of coverage - some permanent to protect against the future after other debts are paid off and some term to cover time-limited debts -LRB- such as a mortgage , car , etc. -RRB- . Term insurance provides more bang-for-your-buck up front , but it 's only for a short period . Permanent insurance allows you to pay the same premium for the rest of your life without having to worry about it going up in the future . One of the first things you need to do is identify the risk classification you qualify for . The risk classification is critical because this determines what the premiums will be for the policy you 're applying for . This is where insurance brokers are essential in your pursuit of coverage . They have the knowledge to guide you through the process and help you find the policy that 's going to be most suitable for you .


Input: What Life Insurance Should I Get?

Output: The life insurance policy you should get is the one that has the best price and the best coverage for your unique situation . There are hundreds of life insurance companies that offer thousands of types of plans . The reason is because insurers know there are millions of different types of solutions needed to help their clients . I highly recommend finding a good independent life insurance broker with access to multiple companies to build this plan for you . Life insurance brokers are compensated by the insurer and their expertise is free to you .


Input: What Life Insurance Should I Get?

Output: The first answer is , enough . The second answer is , as much permanent insurance as you can afford and still have enough coverage . The third answer is , Buy from an agent that you trust . Get recommendations from your friends , colleagues and neighbors . Life insurance is not a mystery . The vast percentage of young people qualifies for standard rates or better and the nuances of companies and policies pales by the last answer , make sure it is in force when you die !


Input: What Life Insurance Should I Get?

Output: Great question ! The short answer is the one that fits the following criteria : Solves my need , is affordable , and covers the time frame I 'll need it for . A term policy may be better for some needs than a whole life policy may be . They are typically much cheaper , but do n't cover as long as a whole life policy would . I would recommend that you find an agent that will take the time to sit down with you , and walk you through the process and help you find what is right for you . If you need help , feel free to contact me , I 'm happy to help you . Thanks for asking !


Input: What Does Obamacare Mean?

Output: What does Obamacare mean ? Are you sure you want to ruin your day ? Sorry ... Just a little joke there . Obamacare is the new `` Affordable Care Act , '' that was designed to lower healthcare costs and health insurance rates . You were supposed to be able to keep your existing policy and save thousands of dollars per year in premiums . That 's what it was supposed to be . It is n't . So what is it ? In 2014 we 'll get a better idea of the effectiveness of the legislation . Americans will have to buy health insurance or pay a tax . Federal tax subsidies will help many consumers pay lower premiums . But many others will face skyrocketing prices . It should be very interesting .


Input: What Does Obamacare Mean?

Output: The official name for `` ObamaCare '' is the Patient Protection and Affordable Care Act -LRB- PPACA -RRB- . It is also commonly referred to as Obama care , health care reform and the Affordable Care Act -LRB- ACA -RRB- . The Affordable Care Act -LRB- ACA -RRB- was signed into law to reform the health care industry by President Barack Obama on March 23 , 2010 and upheld by the supreme court on On June 28 , 2012 . The goal of healthcare reform is to give more Americans access to affordable , quality health insurance and to reduce the growth in health care spending in the U.S. . The fact is healthcare reform and the newly opened exchanges do not replace private insurance , Medicare , or Medicaid . If you have health coverage you like , you can keep it . Many of the ACA 's numerous provisions have already been enacted . The rest of the program starts in 2013-2014 and continues to roll out until 2022 . Healthcare reform offers a number of new benefits , rights and protections including the requirement that all new health insurance plans cover preventive services and provide new essential health benefits , this includes everything from yearly check-ups , to maternity care , to mental health , to mammograms and colonoscopies , at no out-of-pocket costs . In addition the ACA includes provisions that let young adults stay on their plan until 26 , stop insurance companies from dropping you when you are sick or if you make an honest mistake on your application , prevent against gender discrimination , stop insurance companies from making unjustified rate hikes , do away with life-time and annual limits , and require all insurers to cover people with pre-existing conditions .


Input: What Does Obamacare Mean?

Output: Obamacare is the signature legislation of President Obama to deliver health care to all Americans . The legislation is entitled the Patient Protection and Affordable Care Act -LRB- PPACA -RRB- . Interestingly , not one Republican voted for the act , an anomaly in American politics . 30-40 million Americans will be added to the existing health care system . It remains to be seen if the PPACA will deliver on its promise to reduce health care costs .


Input: Can Home Insurance Cover Mobile Phones?

Output: Sure , but why would you ? My reason for saying this is two fold . First , in order to have your phone covered under your home insurance you would have to include it under your scheduled property section . This requires that specifically name the phone on your home owners policy . This is a disadvantage because if your phone is damaged through a named peril you have to make a claim against your home owners policy for personal property away from the premise . If you have an aggregate limit for your scheduled property it will eat away at it . Also , it has to be a named peril , it ca n't be a reason like you lost your phone . The moredevastatingpoint is that you will more than likely have to pay your deductible , which for a home is usually $ 1,000 . You can always lower your deductible , but then you will be paying more in premium each year . The second reason is there is cheaper insurance you can purchase for your phone either through your service provider -LRB- i.e. att , sprint , verizon -RRB- or online .


Input: Is Term Life Insurance The Best?

Output: Not necessarily . The best life insurance policy is the one that best serves the needs you want to have met in the event you passed away . It could be all term insurance , all permanent insurance , or a combination of the two . For example , if you have a mortgage you want paid off , you may want to purchase a term insurance policy with a face amount large enough to cover the remaining balance and long enough to cover it til it 's scheduled to be paid off . So if there 's 18 years left on the mortage , you would want to look at a 20-year term policy . If you 're buying insurance for estate planning purposes , you would want to look into permanent coverage because it will pay a claim at any point in time regardless of when death occurs , whereas term insurance will only cover you until the term period expires -LRB- even though you can technically keep a term policy til age 90 or 95 with most carriers , the premiums increase each year by substantial amounts making the policy no longer the best option for you -RRB- . Many people often need a mix of the two . I would recommend consulting with an independent life insurance agent who can work with you on a personal level and help you determine what coverage is appropriate and suitable for your needs and budget and get it placed in force - there 's no cost to using an independent agent -LRB- they do not charge fees for their services -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your life insurance coverage needs , including quotes and life insurance needs analysis , and if you have any other questions . Thanks very much .


Input: Is Term Life Insurance The Best?

Output: Term Life has it 's place , but overall for most people I would advise against it . Term insurance expires at the end of it 's `` term '' - hence the name Term . Every year older we get , everything else being the same , the cost of insurance goes higher . So if you buy a 20 year term policy at age 30 , and you do n't implement a whole or permanent life policy during that time , at the end of the term you will have no more insurance and the cost to buy a new policy may then be prohibitive . Also Term insurance has no cash value , so the only benefit connected with Term insurance is to your beneficiary if you die before the term is expired . Is it the `` best '' ? I would say definitely No .


Input: Is Term Life Insurance The Best?

Output: Is term life the best ? I guess I would ask for what ? Temporary or limited time coverage ? yes , absolutely . A lifetime ? Unless you plan on dying early , term is not the best product . Term is priced to account for short term needs . Long term , since the cost maximums are set so high , your costs could basically to a dollar premium charged for a dollar insurance benefit provided . The question becomes will the term be in force when you need it ? That is actually the best insurance , the one you have paid your premium on that is in force when you die .


Input: What Is Replacement Cost In Home Insurance?

Output: Great question ! Homeowners and renters policies will define the payout for your belongings in most cases as either `` replacement '' or `` actual cash '' value . There can be a big difference between the two , and as the insured , you 'd like `` replacement '' , and as the company , the `` actual cash '' . Here 's why : Let 's say you have a laptop that you bought a couple of years ago , and it 's seen better days , it does n't run quite as quickly as it did , and has a few dings and dents . When it comes time to replace it , replacing your computer with a new version of it is what you would get with `` replacement value '' . With `` actual cash value '' the company would take a look at the price for the new computer , and subtract off the depreciation cost for the length of time you had the old one . You might have to settle for a lesser laptop , or pay the difference in this case to receive the same laptop that the `` replacement '' version would have provided . This is a simplified explanation , but should give you a good understanding of the differences . If you would like more info , just hit the contact me button , I 'd be happy to help . Thanks for asking !


Input: What Are Secondary Market Annuities?

Output: Secondary Market Annuities are lifetime or annuitized annuities that are sold generally for a lump sum payout for the annuity owner who needs cash in bulk and not in payments because of an economic challenge they may be facing . The secondary market makes claim of higher yields for income replacement , but is no guarantee to do so .


Input: What Are Secondary Market Annuities?

Output: Secondary market annuities offer fixed term payment streams from top quality insurance carriers . The high quality creditworthiness of the insurance carriers usually translates to lower returns to the investor , however secondary market annuities come with yields one to four percent higher than comparable assets . The term secondary market annuity has become an industry standard referring to a factored structured settlement , previously owned annuity or in-force annuity . Secondary market annuities offer all the benefits of the primary market , period certain , guaranteed yield annuity.Simply put , secondary market annuities offer higher returns without additional risk . Hope this Helps Tyson Wright SMA Hub , Inc. .


Input: Is Long Term Disability Insurance A Good Investment?

Output: Because long term disability insurance provides protection for a certain period of time it hasnt any cash value and could not be considered an investment . Long term disability insurance protects what is most peoples most important asset , their ability to work . If people depend upon your ability to work , a disability policy must be considered . It is much more likely that you will experience a long term disability than it is you will die before a given age . Disability is living death in that there isnt any income and yet you remain as a consumer . It is extremely popular coverage among professionals .


Input: Is Long Term Disability Insurance A Good Investment?

Output: First , I would not consider long term disability an investment . It is a protection to cover most people 's most important asset which is their ability to earn a living . If you work for an income and it is a must , then long term disability is a must as well . This pays you a portion of your wages when you become injured or so ill you can no longer earn money to live .


Input: Is Long Term Disability Insurance A Good Investment?

Output: Is long term disability insurance a good investment ? Yes , using a broad definition of investment . Having a good Long Term Disability Policy protects your investments and assets from liquidation by providing an income stream -LRB- you can and should have an inflation rider -RRB- to help you maintain or prolong a lifestyle . Technically , insurance is insurance , but you can consider it to be an investment in your asset protection .


Input: Is Long Term Disability Insurance A Good Investment?

Output: The literal definition of investment is `` the action or process of investing money for profit or material result . '' The basic categories of financial investments are ownership -LRB- stock , real estate , etc -RRB- , lending -LRB- bonds , CD 's , etc -RRB- , and cash equivalents -LRB- money market fund , CD , etc -RRB- . Disability insurance does not fit that definition and does not fit into any of those categories . However , informally , people often use this phrase as a way of asking : `` Which is a better way of spending my money ? This or that ? '' I imagine you are looking at your paycheck and wondering what is the most responsible way to spend it , considering all the things that could happen in the future . Well , based on that , Disability Insurance is a usually a good investment , because the chances of you becoming disabled are much higher than you dying , or going to a nursing home , or many of the other types of insurance out there . Also , losing one 's paycheck has a great impact on most families . If your paycheck is not crucial to your family , getting life insurance or other types of insurance may be a better investment .


Input: How Much Do Auto Insurance Agents Make?

Output: Most agents are paid on a commission . It takes many years to build up your book of business with clients . If you lose a client you lose your commission and if you gain a client of course you get paid . The goal is to build up your clients by being the best agent out there . If you can do this for 5-10 years at least then you can make a decent living . When you first start out it 's pretty much baloney for lunch .


Input: How Is Nicotine Tested For Life Insurance?

Output: Through a urine specimen . They are pretty reliable . Interestingly , I once had a client who admitted to smoking on the application , but tested negative for nicotine on the urine sample . He was approved at non-smoker rates ! People often ask if secondhand smoke shows up . The answer is yes , it can . If you inhabit a very smoky environment day in and day out , and your body has pretty much reached its saturation point for nicotine , it very well could show up on your test . This is important to know . Sometimes people ask , what if I dont admit to smoking on the application , and wait a while after my last cigarette so that I test negative ? Well , if the application asks you if you have smoked in the last 12 months and you say no , that is insurance fraud . If they audit your claim and find out you lied , they can deny the benefit even if you died for a reason unrelated to cigarettes . A word to the wise should be sufficient .


Input: How Is Nicotine Tested For Life Insurance?

Output: Nicotine is tested in blood and/or urine samples by testing for a byproduct of nicotine called cotinine . Nonsmokers will have negligible amounts of cotinine in their urine -LRB- 1-20 ng/mL -RRB- or blood -LRB- 1-8 ng/mL -RRB- . Cotinine levels stay in the body longer than nicotine , and are less susceptible to being raised by secondhand smoke . A few companies will offer nonsmoker rates for tobacco users other than cigarettes smokers -LRB- e.g. daily cigars -RRB- with negligible cotitine . Even fewer offer nontobacco rates if cotinine levels are higher but due to chewing tobacco , nicotine gum , e-cigarettes , etc. . A broker that specializes in nicotine use can match you up with the company that gives you the best rate .


Input: How Is Nicotine Tested For Life Insurance?

Output: When you take an exam for a life insurance policy , one of the common tests they conduct is a urine test . Each company tests for a set of markers -LRB- the exact markers may vary by carrier -RRB- , but each of them check for nicotine - the presence of nicotine indicates to the carrier the use of tobacco products . The type of tobacco product being used does matter though - a couple of carriers will offer a non-smoker rate -LRB- saving you thousands of dollars over the life of a policy , regardless of term or permanent insurance -RRB- if you only use cigars or chewing tobacco -LRB- some smokeless tobacco -RRB- , and not cigarettes . Prudential is known as somewhat of a `` go to '' company in the agent circles for people who only use the aforementioned types of tobacco . Cigarettes are considered smoker status across the board for underwriting purposes . Please note , when completing an application -LRB- even for a non-medical product -RRB- and falsify information -LRB- e.g. saying you do n't smoke and it 's discovered that you do -RRB- , the carrier can rescind the policy - it 's important to be honest with the carrier so you do n't run the risk of losing your coverage . Most carriers will require at least a 12 month period from the point of the last use of tobacco before considering non-smoker risk classes . Consult with an experienced broker before applying for coverage to discuss the benefit structure that will be most suitable for your needs - we can compare the rates from multiple carriers to see which will offer you the lowest rates for your medical history . Please feel free to contact me for further assistance . Thanks very much .


Input: How Is Nicotine Tested For Life Insurance?

Output: That is a great question ! On most simplified issue or final expense policies with low face values , there typically is n't a test . They will ask , and expect an honest answer . If you are not honest , expect the company to deny your claim , should your death result from a smoking related disease . For higher value policies , it is usually a swab or urine test . Thanks for asking !


Input: How Is Nicotine Tested For Life Insurance?

Output: It depends upon how much the face amount you are applying for and the underwriting method used for application . The are 3 basic ways nicotine is tested . All are collected by a paramed examiner or independent nurse who meets you to collect samples and health information . 1 -RRB- Mouth swab used for lower face amounts 2 -RRB- Urine test which is used for moderate face amounts or younger applicants . 3 -RRB- Blood test which is used for larger face amounts and older applicants Nicotine will show up in these tests for a few months . It is usually required in order to receive the non nicotine rate you must not have used tobacco , gum or patches for one year . The savings in premiums is substantial for non tobacco .


Input: Will Renters Insurance Cover Spoiled Food?

Output: When food spoils because of a covered loss , then it will be considered in the claim . If food in your freezer spoils because of a fire in your residence , that loss could become part of the claim . If the food spoilage is the result of power interruption outside your home , that loss would be excluded . If the food spoils because of negligence , that loss would also be excluded .


Input: I Have Had A Universal Life Policy With State Farm For 15+ Years. Will My Claim Be Paid If I Commit Suicide?

Output: I am not a State Farm Agent , however , you have had the policy more than two years and the suicide clause in the policy is not applicable any longer . The reason for the clause is so that people would not buy a policy just to collect on a benefit by committing suicide . That is not to say that suicide is a good idea .


Input: I Have Had A Universal Life Policy With State Farm For 15+ Years. Will My Claim Be Paid If I Commit Suicide?

Output: I would like to say that this is a good question , but it is not . If this is a cry for help , please go see someone , anyone who you can talk to . Do you for a second think that your beneficiary would rather have money than you ? Do you honestly think that leaving them money instead of you is good ? Please seek help immediately . I do not wish to be offensive , but all life is sacred , and that includes yours .


Input: Does Insurance Cover Mold Removal From Home?

Output: That is a great question ! You will need to look at your policy to see . Some insurers will include mold damage , others will not . Here in the hot and humid south , mold insurance is a rider , or a separate coverage as a rule , since mold is so prevalent . Contact your agent , and find out whether yours does . Good luck , and thanks for asking !


Input: Does Insurance Cover Mold Removal From Home?

Output: It may . This going to depend on the coverages afforded within your homeonwers policy . Not all carriers offer coverage for mold within their policy 's . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: Does Insurance Cover Mold Removal From Home?

Output: Mold is in every home . Building materials provide the food necessary for mold to grow . Moisture is the ingredient necessary for mold to become a problem . Moisture , most commonly comes from leaking plumbing . Leaky plumbing is excluded in most homeowners policies . If the mold is the result of a sudden discharge from a pipe in the home , coverage might be available ; however , remediation normally eliminates that from happening .


Input: Can You Get Life Insurance On Someone Else?

Output: Life insurance must have a financial interest between two parties to justify the coverage of life insurance . The amount of life insurance also needs to be justified . With the exception of a minor child , you can not purchase life insurance on some one else without their written consent as the policy insured in the life insurance application .


Input: Can You Get Life Insurance On Someone Else?

Output: You can get life insurance on someone else if you have an insurable interest with them . An example of insurable interest is this : If a non-relative owes you money , you could take out a life insurance policy on them for the amount that they owe you . But they could not take a life insurance policy on you .


Input: What Is Guaranteed Issue Health Insurance?

Output: Guaranteed Issue Health Insurance plans are available from many reputable brokers . It is best to purchase them from an experienced licensed agent who is very familiar with GI plans in your specific area . In 2014 , virtually all plans will be guarantee-issue through Open Enrollment , and a federal tax subsidy may help many consumers reduce premiums . There will be no lifetime cap and many benefits , such as maternity , will be included on non-short term plans .


Input: What Is Guaranteed Issue Health Insurance?

Output: It 's a policy issued without underwriting within a matter of a few days . They are designed for people who have difficulty getting insurance becouse of a pre existing condition or because other policies are too cost prohibitive . They do not have deductibles and are usually limited to $ 1,000,000 lifetime coverage . They utilize the Private Health Care System network -LRB- PHCS -RRB- , which is similar to Medicare . Procedures and costs are pre negotiated between the insurance company and hospitals & doctors within the network . US Health Advisors offers guaranteed issue policies ranging from $ 229 to $ 549 for an individual and accordingly higher for additional family members .


Input: Who Should I Set Up A Roth IRA With?

Output: I would like to say a Retirement Income Certified Professional -LRB- RICP -RRB- however , that would be self-serving . You should carefully choose a person whose advice you can trust . While the procedure to start a plan is routine , at some point you will need to make changes and ultimately derive income . This requires experience .


Input: Does Auto Insurance Cover Accidents That Occur Off The Road?

Output: Your autoinsurancepolicy may cover you for driving off the road . This would really depend on what you mean by off the road . If you are involved in an organized racing or off-roading event then this type of activity would be specificallyexcluded . Best advise is to talk to your local agent about thecoverageof your auto policy .


Input: What Is The Medigap Policy?

Output: Your Medigap policy is designed to cover all Medicare approved Part A and Part B claims . Some plans , such as Medigap plan F , cover Part A and B deductibles and coinsurance . Other plans , such as plan G covers everything that is covered by F EXCEPT your Medicare Part B annual deductible .


Input: Can I Borrow Against My Knights Of Columbus Life Insurance?

Output: Yes , you borrow against a Knights of Columbus Whole Life Insurance policy , if there is enough cash value -LRB- minus surrender charge , if any -RRB- to borrow from . Contact the Knight from whom you purchased the policy to find out the loan charge and whether you are able to use your policy 's cash value as a source of funds for your current needs . Or call the KC insurance customer service number 800-380-9995 .


Input: What Is Obamacare Health Insurance?

Output: The Patient Protection and Affordable Care Act -LRB- PPACA -RRB- is the official title of the new health care reform in the U.S. scheduled to go into effect in 2014 , although business with 50 employers or more have until 2015 to implement it . The street name is Obamacare , named after the Presidents signature legislation that was upheld by the Supreme Court .


Input: What Kind Of Life Insurance Does Primerica Sell?

Output: What kind of insurance does Primeamerica sell ? Basically they sell level term insurance , which unknown to them is a form of cash value insurance . What Primeamerica really seems to be about is multi level marketing . The goal seems to be gathering agents rather than selling policies . Agents are encouraged to build an agent base for the upline agents . While they are not alone in this practice , most people just want their agent to be their agent .


Input: What Kind Of Life Insurance Does Primerica Sell?

Output: Primerica sells only term life insurance . They are a big promoter of buy term and invest the difference . If you invest wisely , once your term runs out , you will have plenty of money and no longer need life insurance . This plan works for many people but it works even better if you shop around a little more on your term insurance . Primerica is not known to have very good prices on term life insurance . You can usually find it at a lower price and have more to invest .


Input: What Kind Of Life Insurance Does Primerica Sell?

Output: Primerica sells term life insurance . The company was established on the belief that individuals should `` buy term and invest the difference '' . Their representatives are trained to sell term life rather than permanent -LRB- cash value -RRB- life insurance . The company relies upon part time sales people to sell its term life insurance product .


Input: How Can I Get Renters Insurance Online In Iowa?

Output: An insurance agent should be able to assist you in getting the coverage you need and not require any more work of you than doing this online . This will provide you someone to turn to in the event you have further questions , have a claim , or have any complications in coverage . Trevor Toft State Bank Agency 7122754512


Input: Can You Visit A Doctor Without Health Insurance?

Output: Unless there is legislative restrictions that I am unaware of you can see a doctor without health insurance . If you do see a doctor and you do not have health insurance you will be expected to pay the full cost of the visit out of your own pocket though . This can be very costly .


Input: Is Buying Life Insurance A Good Investment?

Output: Cash values life insurance can be a savings or investment policy depending upon which crediting method is used and how the policy is designed . There are three saving life insurance policies : Participating whole life insurance , current assumption universal life insurance and indexed universal life insurance . There is one investment life insurance policy that uses a crediting method of separate sub accounts with equity and bond allocations : Variable universal life . The performance of a life insurance policy as a savings or investment policy may depend on the policy design . That design must use the lowest cost of insurance death benefit option that complies with the TAMRA regulations to contain the policy expense . If designed correctly , life insurance can be a great savings or investment policy that can generate tax free retirement income as long as the policy is kept in force for the life of the insured .


Input: What Percent Of People Have Long Term Care Insurance?

Output: About 10 % of Americans have long term care insurance . Some people buy deferred annuities to cover their long term care and other expenses . The federal government has been trying to get more people to buy long term care insurance by offering tax incentives and partnership plans that would protect some of their assets if long term care was needed .


Input: Is A Deferred Annuity An Insurance Contract?

Output: In Canada , deferred annuities are considered to be insurance policies . Guaranteed Investment Annuities -LRB- GIAs -RRB- are similar to Guaranted Investment Certificates -LRB- GICs -RRB- the interest and principle in both are guaranteed . An example of the Guaranteed Investment Annuity 's `` insurance element '' is the annuity or monthly income . Guaranteed Investment Funds -LRB- GIFs -RRB- , are segregated funds and are similiar to mutual funds.The funds invested in both are at risk . However , Guaranteed Investment Funds , in addition to the annuity or income element offer maturity and death guarantees of 75 % to 100 % . These investment vehicles offer benefits that could prove to be valuable . For more information please visit JPW.ca or contact me via this web site .


Input: Is A Deferred Annuity An Insurance Contract?

Output: That is a great question ! Annuities are considered to be insurance products , and there is most definitely a contract that defines clearly the stipulations for payments and fees for you and the insurer issuing the annuity . Deferred annuities can be great investments , especially if you can safely put aside that money without need for the allotted deferment period . Be sure to do your suitability study to be sure before buying one , okay ? Thanks for asking !


Input: Is A Deferred Annuity An Insurance Contract?

Output: An annuity , like a life insurance policy , is a contract . Additionally only life insurance companies can issue annuities . This sometimes becomes a confusing issue . Many people invest in annuities at their local bank . It is important to understand that the person in the bank is acting as an agent for the insurance company . The bank itself is not a party to the contract , only yourself and the insurance company . It 's critical that you not be under the impression that the bank is providing any financial security to your investment , they are not . There is also sometimes confusion with 403 -LRB- b -RRB- plans . 403 -LRB- b -RRB- plans are retirement savings vehicles available to many teachers , hospital workers and certain government agencies . When they were first developed the funding vehicle had to be an annuity , and they took on the moniker of TSA -LRB- Tax Sheltered Annuity -RRB- . Today a 403 -LRB- b -RRB- may use a variety of investment vehicles , usually mutual funds or managed money accounts . However many people still use the words TSA , annuity and 403 -LRB- b -RRB- interchangeably . This is technically incorrect and causes a lot of confusion with investors .


Input: Does Auto Insurance Cover Car Fires?

Output: A car fire would be covered under your Comprehensive or Other than Collision portion of your policy . If you only carry liability then your would not be covered . If someone in your car is injured as a result of the fire then the Medical pay portion of the policy would cover them up to the limits of your policy , usually between $ 1000 and $ 10,000 depending on your policy .


Input: What Does A Health Insurance Specialist Do?

Output: A health insurance specialist is an individual with extensive knowledge of the health insurance marketplace and the plans that are available for you to secure - specialists are generally independent insurance agents and brokers as they are the ones selling health plans to the public . If you would like assistance with your health insurance needs , feel free to send me a private message . You can also visit my website , www.TermInsuranceBrokers.com , for health plan information and run instant quotes .


Input: Is Annuity To Life A 1035 Exchange?

Output: The 1035 exchange rules only cover life insurance policy exchanges to annuities policies , never annuities policies to life insurance policies .


Input: What Can You Do To Reduce Your Auto Insurance Premiums?

Output: There are a lot of things you can do . Many companies offer discounts for bundling your homeowners and your auto policy together , taking drivers safety courses , getting good grades in school , driving low annual miles and having a clean driving record . Talk to your agent or broker to make sure that you are getting all of the discounts you deserve . You can also lower the premium by raising your deductibles or reducing your coverages . The make , model and year of your vehicle can also have a dramatic effect on your premium .


Input: Is Life Insurance Cheaper For Women?

Output: With most companies the answer is yes . This is because statistically women live longer thean men . Since life insurance rates are based on mortality tables which predict the average life span of individuals , rates are going to be lower than for men . Some companies offer Unisex rates that uses an average of the two and bases their rates accordingly .


Input: Is Life Insurance Cheaper For Women?

Output: Life insurance is cheaper for women if comparing the same rating class of each sex . The older the person is , and the longer the guaranteed coverage period lasts , the bigger the price discrepancy . That is because men die at a younger age than women , on average . If the woman has a health condition , or is overweight or underweight , smokes , or has some other risk factor to bump her into a higher rate class than a man of the same age , her rate can be higher than his . Just being a woman does not automatically mean she will pay a cheaper price than a man .


Input: What Is Aetna Life Insurance?

Output: Aetna Life Insurance is a Final Expense type policy . Final Expense meaning a policy which gives you a lower face amount with minimal underwritting needed . $ 35k is the maximum death benefit you can get . There are 3 different plans available . A level plan , graded benefit plan , and a modified benefit plan . Even if you are not healthy , you may qualify for a policy . If you would like more information , please do not hesitate to contact me . Thank you .


Input: Does Homeowners Insurance Cover Mice Damage?

Output: Homeowners policies typically do not cover damage from vermin . Mice are considered vermin . Please read your policy completely to understand the coverage provided and any exclusions that may contained within or contact your local agent to have them go over the policy with you . If you suspect you have an issue with vermin in your household contact a pest control agency or purchase pest control items from a local retailer .


Input: When Can I Switch From Medicare Advantage To Medigap?

Output: If you have a Medicare Advantage Plan you can switch to a Medigap Plan during AEP -LRB- Annual Election Period -RRB- . Unless you are in a Guaranteed Issue situation , you will have to medically qualify for a Medigap Plan . There are other times during the year that you can switch from a Medicare Advantage Plan to Medigap . If you have Guaranteed Issue Rights , you can purchase a Medigap Plan in your state during your Guaranteed Issue period . Some Guaranteed Issue situations include : 1 . Your Medicare Advantage Plan is leaving Medicare or stops giving care in your area . 2 . You move out of your Plan 's service area . 3 . You joined a MA / MAPD when your were first eligible for Medicare Part A at 65 and within the first year of joining , you decide to switch back to Original Medicare . 4 . You dropped a Medigap Policy to join a MA / MAPD for the first time . You 've been in the Plan less than a year and you want to switch back . 5 . You leave a MA / MAPD because the company has n't ' followed the rules -- or misled you . MA = -LRB- Medicare Advantage -RRB- MAPD = -LRB- Medicare Advantage Prescription Drug -RRB- Thank you for reading my response .


Input: Can Health Insurance Companies Still Deny Coverage?

Output: Health insurance companies can not deny coverage for pre-existing conditions unless you have a private policy that was purchased before 3-23-2010 or a group plan that was created before 3-23-2010 . If your plan is grandfathered due to being in effect before that date , and if you are denied health insurance , you can switch to a Marketplace plan during open enrollment . Open enrollment ends 3-31-2014 for this year .


Input: Can Health Insurance Companies Still Deny Coverage?

Output: Right on Peggy ! Actually , health insurers can deny coverage at any time on certain types of policies . For example , a short-term plan is not ACA-compliant and can and will be denied if you have been treated for specific conditions , such as heart disease , cancer or diabetes . There are other reasons you could be canceled as well .


Input: Can You Get Life Insurance With Hepatitis C?

Output: Yes , you can get life insurance if you have hepatitis c . There will be additional information needed from you and your doctor regarding when diagnosed , condition of the liver . You can expect to have to pay a higher premium at minimum . You may also be declined so your best bet is to work with an agent who has a relationship with insurance companies that will take impaired cases .


Input: Can You Get Life Insurance With Hepatitis C?

Output: Most people with Hepatitis C can get life insurance . If there is no liver damage and labs are normal , they might possibly even be rated Standard or a low table rating . If there is a history of failed treatment , liver labs are abnormal , liver biopsy showed cirrhosis or fibrosis , or some other considerations , the applicant may need to use a simplified issue or guaranteed issue policy .


Input: Can A 25 Year Old Get Medicare?

Output: A 25 year old can get Medicare if they have been on Social Security Disability for two years , have end stage renal disease that meets the criteria to receive Medicare , or has Lou Gehrig 's Disease that meets Medicare eligibility . Without those circumstances , Medicare is not available until age 65 .


Input: Can You Surrender A Life Insurance Policy?

Output: You certainly can surrender a policy for its cash value , but then you have no life insurance . It would be much better for most folks to just borrow money from their policy and either pay it back or not . With a surrender , you will have to pay tax , but with a loan you will not , even if you do not pay it back , and you would still have a smaller but existing life insurance policy . Pay it back later and the death benefit returns automatically to the full amount ! Call me , Gary Lane , Agent , New York Life , 949 797 2424 . Thanks .


Input: Can You Surrender A Life Insurance Policy?

Output: Great question ! It is almost always better to surrender a policy instead of just stopping payments and allowing the policy to lapse . By surrendering it , you can retrieve all or most of the cash value in the policy . Be aware that term policies have no cash value , so there is nothing there to get back . Once you have surrendered the policy , you lose all coverage that the policy had provided , so be sure that your new policy is in force first , okay ? Any questions , please contact me . Thanks for asking !


Input: Can You Surrender A Life Insurance Policy?

Output: Yes , you can surrender a life insurance policy at any time . If you have a policy with cash value , there will most likely be a surrender charge during the first years of the policy . This charge will be taken from the cash value , and then you will get the remainder of the cash value , if any . If you surrender term life insurance , there is no cash value , so your coverage will simply end .


Input: What Does Renters Insurance Generally Cover?

Output: Renters insurance is very similar to home owners insurance in its coverage . It provides coverage for your personal property up to the limits of the policy for the peril covered -LRB- i.e. fire , explosion , etc. -RRB- . It also provides liability coverage for accidents that you are deemed responsible for on your residence and other locations as specified within the policy . Typically they will also provide some loss of use , which will get you money to pay rent at another residence after a complete loss . Every policy is different so be certain to read it completely to know what is or is not covered or contact your local agent to have them go over the policy with you .


Input: What Does Renters Insurance Generally Cover?

Output: There are several parts to a general Renters ' policy : 1 . Personal Property : This coverage will cover your personal belongings that are destroyed in a covered event . Each policy is different but the general events are theft , fire , smoke , water damage , wind , hail , and tornadic . You can either choose to cover your personal belongings at Actual Cash Value -LRB- depreciated value -RRB- or Replacement Cost . Some companies require a minimum amount of coverage to qualify for Replacement Cost . 2 . Personal Liability : Gives you andd your family 24/7 coverage against claims caused by almost any unintentional act . Medical costs for persons injured on your premises , who do not reside within your household . The liability coverage generally covers you whether on or off the premises . Be sure to check with your insurance carrier to verify . This coverage also covers the acts of your pets as long as you list the pets on the policy . 3 . Additional Living Expenses : If you ca n't live in your home after a covered loss , most carriers provide this coverage to cover the additional costs of living , meals , nhotels , etc. . You have the option to add other coverages such as Jewelry Floaters , etc. for an additional premium .


Input: What Does Renters Insurance Generally Cover?

Output: Renters insurance covers your personal belongings for fire , lightening , wind , hail and other named perils within your policy . It usually will cove theft and vandalism as well . It also covers you for liability if someone is injured in or coming to or from your apartment as a result of your negligence .


Input: What Does Renters Insurance Generally Cover?

Output: Renters insurance covers your personal property -LRB- stuff -RRB- and personal liability -LRB- if someone sues you -RRB- . You should make sure that you pick the coverage amount for Personal Property that will replace all the items in your possession including ; clothing , beds , furniture , electronics , eatery etc. . Keep in mind that expensive items like jewelry , furs , fine arts , silverware , money & securities will all have limits unless scheduled on the policy with an appraisal . A renters policy is a great value for the amount of premium paid . Unfortunately many renters go without it unless required by the landlord .


Input: Is A Pension Plan The Same As 401K?

Output: A traditional pension plan is generally categorized as a defined benefit plan . The old school convention was managing retirement to an established amount in the future . That was then . Now defined contribution plans are much more in vogue like a 401 -LRB- k -RRB- retirement plan .


Input: What Is A Medicare Annual Wellness Visit?

Output: When you first become covered by Medicare you are entitled to a routine physical exam , usually at no charge to you . This is your `` Welcome to Medicare '' exam . Every year thereafter you may receive a physical exam , usually at no charge to you . Your doctor can advise you if there might be additional charges for some tests .


Input: Is Auto Glass Covered By Insurance?

Output: That depends on your coverages . If you have comprehensive coverage , then glass breakage is covered , but you will have to pay the deductible amount first.Your insurance may provide a Glass Breakage Deductible , which typically reduces your comprehensive coverage deductible if the repair is for glass . You should check with your insurance professional to verify your coverages and see if your specific policy covers auto glass .


Input: When Does Permanent Life Insurance Make Sense?

Output: Permanent Life Insurance makes sense when your financial liabilities are ongoing with no realistic end in sight and/or future obligations like college planning , weddings costs and retirement . The most inexpensive approach to funding permanent life insurance is utilizing guaranteed universal life insurance , which can insure you until age 120 .


Input: When Does Permanent Life Insurance Make Sense?

Output: when does permanent life insurance make sense ? Permanent life insurance makes great sense if you life too long as term will be long gone at that point in your life . Term covers periods of time when unexpected death `` may '' occur . Permanent covers a life . One type of insurance covers a probability and the other covers a certainty .


Input: What Are The Factors That Determine How Much Life Insurance Will Cost?

Output: That is an excellent question ! The main things that determine your rate are your age and gender ; your smoking preference ; your immediate and past health conditions ; The prescriptions that you are taking ; The type of policy and the coverage desired ; and the companies costs of insurance , fees and profit margins . Things like your job , your family 's health histories , and where you live can also play a part . Depending upon the policy that you are looking at , some or all of these can play a part . I hope that helps , thanks for asking !


Input: What Are The Factors That Determine How Much Life Insurance Will Cost?

Output: Some factors that determine how much life insurance will cost are : 1 -RRB- Age -LRB- generally , the older you are , the higher the premium will be for a policy of the same type as a younger person of similar health -RRB- ; 2 -RRB- gender -LRB- men usually pay more than women -RRB- ; 3 -RRB- health -LRB- both current and past health -RRB- ; 4 -RRB- tobacco use -LRB- users of tobacco usually pay more -RRB- ; and 5 -RRB- type of policy -LRB- the shorter the premium is locked in , the lower the premium usually is -RRB- . There are other factors that can also enter in such as treatment for substance abuse , numerous traffic violations , felony , dangerous hobbies , and being on disability . That is why shopping among multiple companies can help you save money , as some companies rate certain risk factors more favorably than others .


Input: Can You Pay Life Insurance Premiums With Hsa?

Output: No , you can not pay life insurance premiums with HSA . According to Publication 969 of the IRS , Heath Savings Account funds can only be used for Long Term Care insurance premiums , -LRB- within limits -RRB- ; COBRA health insurance premiums or health care premiums paid while receiving unemployment compensation -LRB- including premiums for spouse or dependents -RRB- ; and premiums to pay Medicare if age 65 + -LRB- but not premiums for Medicare Supplemental policies -RRB- .


Input: How Much Is Life Insurance For A 24 Year Old?

Output: The premium price tag is based on gender , age , smoking status and health condition . It also depends on whether you purchase term or permanent life insurance and what length of coverage youre buying . But a male or female 24 year old nonsmoking and in great health will pay around $ 85 annually for ten year term insurance for $ 100,000 of coverage .


Input: How Much Is Part B Medicare Premium?

Output: The Medicare Part B premium is $ 104.90 per month for most people on Medicare . However , the Part B premium can be higher if your taxable income is higher than $ 85,000 for an individual or above $ 170,000 for a married couple . They will look at your income over the last 2 years to determine your monthly premium . The higher your income is the more your Part B premium will be .


Input: How Much Does Renters Insurance Cost In California?

Output: The cost for renters insurance will be based in large part on the amount of coverage you desire . On average with 25,000 in personal property protection , 100,000 personal liability , 1000 guest medical and 12 months loss of use your looking at an average of 175-225 annual depending on the insurance company . It 's best in most cases to combine this coverage with your current auto insurance carrier for the maximum discounts on your renters policy and in most cases you will also receive an additional discount on your auto insurance . Discuss your needs with your local agent as there are sub limits you will need to be aware of in a renters policy .


Input: How Much Does Renters Insurance Cost In California?

Output: Mark has given you a factual answer but let me give you a personal answer . A renters policy costs less than the loss you might suffer should your property be damaged as a result of a covered loss -LRB- fire , wind etc. -RRB- Insurance isnt a tax but sharing of a risk . Unless you can buy everything in your unit today out of your checking account , having a renters policy makes great sense . The real reason to have a renters policy is to defend you should you be sued for bodily injury or property damage . Anyone entering the property could sue you if they slip and fall or your pet decides to taste their leg . These are really serious issues and the expense can be enormous . Few of us can sustain that type of claim . While Mark mentioned a $ 100,000 liability limit , let me suggest that you take the highest limit that your insurance company offers . Let them take the risk , the premium is insignificant in comparison to the risk .


Input: Is Whole Life Insurance The Same As Permanent Life Insurance?

Output: Whole life is one form of permanent insurance . The other major form is universal life . Whole life is the simplest and most traditional form of it . There are non-forfeiture options on most policies that will even allow permanent coverage if you can not afford the premiums anymore .


Input: Is Whole Life Insurance The Same As Permanent Life Insurance?

Output: Yes . Whole life is a permanent life insurance . The premium and the death benefit can be guaranteed for your entire lifetime . So can the cash value . This makes the product an extremely competitive cash accumulation vehicle for the conservative part of your portfolio . And why would you want the premium and the death benefit to be permanently guaranteed ? Well , imagine yourself buying term insurance and then outliving the policy . Now you need to buy another one . And youre older , so the price is automatically higher . And what if you unfortunately have a serious medical condition ? The price could be even higher . Worse , you may not qualify for coverage at all ! Permanent insurance means you permanently dont have to worry about qualifying for coverage . Whole life does that very well . But remember this : these guarantees come at a big cost . Especially the guaranteed cash value . What if you like the idea of permanent guarantees , but want to spend less on the coverage ? You do have an option : guaranteed universal life insurance . You can get the premium and the death benefit guaranteed for your lifetime at least until age 121 :-RRB- . You just wont have any cash guaranteed to grow inside the policy . Guaranteed universal life is also permanent insurance . Its a cheaper version of whole life , without the cash . Kind of like permanent term insurance .


Input: Is Whole Life Insurance The Same As Permanent Life Insurance?

Output: A whole life policy is one of many permanent life insurance plans . The whole life policy is one where the premiums and death benefit are guaranteed not to change throughout the lifetime of the insured . There are policies that limit the premium paying period ; there are some that allow a flexible premium paying schedule and some that offer a link to investment outcomes .


Input: Is Whole Life Insurance The Same As Permanent Life Insurance?

Output: Is whole life insurance the same as permanent life insurance ? Well , for the most part yes , the names are somewhat interchangeable when talking about long term coverage . However , there are other products if structured properly can also meet the definition of permanent life insurance . There permanence depends on proper funding of those products in such a way that they mimic whole life plans .


Input: Is Whole Life Insurance The Same As Permanent Life Insurance?

Output: The two major types of life insurance are Permanent and Term . Whole Life falls under the Permanent Category . Term life insurance gets its name because the premium stays the same for a period of years . Whole life insurance gets its name because the premium stays the same for your whole life . Whole life also has options where you can pay for a shorter period of time , and still have coverage for your whole life .


Input: Can A Power Of Attorney Change The Life Insurance Beneficiary?

Output: The power of attorney documentation will outline the financial authority or limitations the designated person assigned to act on behalf of the incapacitated can exercise . The life Insurance company will review the power of authority document for its language to verify whether or not the power of attorney gives the authority to make the change in policy ownership .


Input: What Does Disability Insurance Not Cover?

Output: Every insurance company has different criteria for their Disability policies . So you would need to review the fine print of each policy to see what causes of disability , or what levels of disability , each policy excludes . Some things that different Disability insurance policies might not cover , or might limit coverage for , are disability due to mental or nervous disorders -LRB- some put a two year limit on those benefits -RRB- , disability due to drug or alcohol abuse -LRB- some put a one year limit on those benefits -RRB- , disability caused while committing a crime -LRB- this is usually not covered at all -RRB- , or disability caused by acts of war . Some policies also will cover total or permanent disability , but not partial or residual disability . Again , it is important to shop around and purchase a policy with the features that are most likely to be used , but also pick and choose so that you get a rate you can afford .


Input: How Does Long Term Care Insurance Payout?

Output: Long Term Care Insurance will pay out according to the terms of the policy purchased . Some policies pay the facility that is providing the long term care for the insured person . Other policies pay the person a monthly benefit that they can use to pay for the services they are receiving . The policy ends when the years run out -LRB- for the first type of policy -RRB- or the money runs out -LRB- for the second type of policy -RRB- .


Input: Is A Pension Plan ERISA?

Output: The Employee Retirement Income Security Act of 1974 -LRB- ERISA -RRB- offers defined contribution plans as well as defined benefit plans or pensions . Pensions must offer an employee vesting schedule and a level of benefits based on years of service . But the new trend in ERISA retirement plans have shown employers moving to defined contribution plans , to escape the obligation of short falls that can occur in defined benefit plans .


Input: Does Life Insurance Cover Cancer?

Output: Life insurance pays a death benefit regardless of the cause of death , including cancer . Some policies include an acceleratd death benefit that allows you to access a portion of the death proceeds if you have a terminal condition . In most cases death must be expected to occur withing 2 years of taking out the `` loan '' .


Input: Does Life Insurance Cover Cancer?

Output: Some life insurance policies have critical illness riders or an accelerated death benefit rider . If your policy has either of those then you may be able to access a portion of the death benefit while you are still alive . Have a good local agent check over your policies with you to determine if either of those are available .


Input: Does Life Insurance Cover Cancer?

Output: Life insurance pays a death benefit to the beneficiary no matter what the cause of death is - as long as the policy is beyond the contestability period . So yes life insurance will `` cover '' death from cancer . Many life insurance companies offer a critical illness rider that will pay out up to 90 % of the death benefit to the insured in the case of a critical or chronic illness where the insured is not expected to live beyond a year or two . In that case terminal cancer would be `` covered '' as well .


Input: Does Life Insurance Cover Cancer?

Output: Does life insurance cover cancer ? Life insurance is not health insurance , you may have your type of insurance confused . Does life insurance continue to cover you if you get cancer ? Yes . Will life insurance pay if you die with cancer ? yes . Is it hard to get insurance after you 've had cancer ? Yes . Get your life insurance before stuff happens to you .


Input: Does Life Insurance Cover Cancer?

Output: Yes , life insurance covers death by cancer , as well as death by every other illness . It also covers death due to accident or `` old age '' . You do need to get the policy before you have cancer , or after your cancer has been in remission for some time , or you will be ineligible .


Input: How To Show Proof Of Renters Insurance?

Output: Showing proof of renter 's insurance is fairly easy . You simply ask for a copy of your declarations page -LRB- often used for car insurance -RRB- , whichstates your coverages , effective date and otherpertinentinformation . It is possible that the owner of the building that you are renting -LRB- or apartment -RRB- willwantto see proof of coverage .


Input: Can I Get Life Insurance If I Am Overweight?

Output: Most people can get life insurance when they are overweight . If your weight falls in the morbidly obese category , and if you are under age 45 , it is harder to find coverage than when you are older , but there are a few options . Those whose BMI -LRB- body mass index -RRB- is in the obese range will have more choices . Contrary to what generally applies to those with normal weight , sometimes a No Exam policy can be the least expensive choice for obese individuals . Not having to take an exam can also be helpful if the overweight person has not seen a doctor in a while , as it takes away the risk of the blood test showing high blood sugar , high cholesterol , or other labs sometimes associated with excess weight . No matter which route you go , consulting an agency that carries a variety of products can be helpful , so that you can be matched up with the one that has your best price . Do n't neglect to inform your agent of any weight lost in the past year , as most companies will add back half of that to your current weight , when determining your rate class .


Input: Can I Get Life Insurance If I Am Overweight?

Output: Perhaps . How are you defining overweight ? If someone is obese , it is possible you will be declined coverage . You do have options with carriers who do not ask the ht/wt question however you will be limited on the death benefit you can apply for . Other questions which will go along with someone being overweight : Do you see your doctor regularly ? Diabetes is a common result of being overweight . Have you been told you have or do not have Diabetes ? Blood Pressure and Cholesterol readings I agree with Lenny , speak with your agent/broker , provide as much information you can so an underwriter may be consulted prior to an application .


Input: Can I Get Life Insurance If I Am Overweight?

Output: That is a great question ! Being overweight definitely increases your risk of having serious health issues , so insurers are definitely going to pay more attention to your application . Fortunately , there are several companies that do not ask about your weight , -LRB- though they will ask about weight related diseases , like diabetes and hypertension -RRB- and in a worst case scenario , several that do n't ask any questions at all . If you contact a good independent agent -LRB- one not tied to a single brand name -RRB- we can walk you through finding a policy that fits you , and is affordable . Thank you for asking !


Input: Can I Get Life Insurance If I Am Overweight?

Output: Yes . However , the first item that underwriters will look at is build in determining your health category . Some carriers are more lenient than others , while at least one carrier has no hard and fast rules when it comes to build . In addition , some smaller policies do n't even ask the question . Bottom line : speak with an independent life insurance agent that is familiar with these types of issues .


Input: What Are Medicaid Annuities?

Output: Medicaid annuities are single premium annuities that are set up when faced with the prospect of needing Medicaid assistance for nursing home or other long term care . If set up perfectly , they can shield some of the assets of the person going on Medicaid , rather than have those funds go to paying for the long term care . They are being challenged by both federal and state courts , so it is important to contact an expert in Medicaid annuities if interested in them .


Input: What Type Of Life Insurance Should I Buy?

Output: You should consult with a respected life insurance agent to determine what type of life insurance to buy . A combination of Term and Permanent works well to meet the financial goals of some , while there are very aggressive polices that can be a retirement tool for others . Only by looking at the whole picture can this question be adequately answered .


Input: How Much Is Geico Auto Insurance?

Output: Many different variables go into rating your policy so the only way to find out is to request a quote . If you want Geico then give them a call or visit WEBSITELINK . Keep in mind that price is n't everything and you get what you pay for . If something goes wrong you 'll be happy that you got great insurance instead of the cheapest insurance .


Input: Why Do I Need Short Term Disability Insurance?

Output: You should purchase long termdisability , but short term disability insurance should be the minimum coverage to protect your paycheck . 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: Why Do I Need Short Term Disability Insurance?

Output: What 's nice about short term disability insurance is that it has a shorter elimination period . That means , rather than waiting 90 days for your policy to pay you benefits -LRB- which is common with long term disability insurance -RRB- , you may only have to wait 7 or 14 days before you can collect a benefit . The benefit period wo n't be as long though , but for things like pregnancy or a broken leg , that 's all you 'll need .


Input: How Are Life Insurance Premiums Calculated?

Output: Life Insurance Premiums are calculated on three factors : mortality , interest , and expense . Mortality tables are used to determine average life expectancy , which in turn allows underwriters to give the policy a health rating that factors into the cost . The lower the underlying mortality assumption , the better the health rating and the lower the premium . Interest is the return on your premiums invested by the life insurance company . Expense is the costs involved with issuing that policy , including overhead , salary , commissions , supplies , etc. . All these together are considered in determining what rate to charge you for your policy .


Input: How Are Life Insurance Premiums Calculated?

Output: Life insurance is a complex , sometimes convoluted calculation , especially depending on the product line . Participating whole life insurance is a bundled product that has never been unpacked to the satisfaction of those who perform product due diligence . Term and universal life are more forth coming and have determents that can be identified like the mortality charges , admin costs , policy fees and the crediting ratewhether interest , indices or separate subaccounts .


Input: What Is Guardian Life Insurance Company?

Output: Guardian Life Insurance Company of America is a mutual company based in New York City , New York . They also have regional offices all across the northern states , from Washington to New York . Rated A + + by AM Best , Guardian Life Insurance Company has several subsidiaries , including Berkshire Life Insurance Company of America .