Input: Is Medicare Prescription Drug Coverage Mandatory?

Output: Enrollment in a Medicare Prescription Drug Plan -LRB- Part D / PDP -RRB- is not mandatory . However , if you do not enroll in a Medicare approved Prescription Drug Plan , youll still need creditable prescription drug coverage to avoid a late enrollment penalty if you decide to enroll later on . To avoid the late enrollment penalty : Join a Medicare drug plan when you are first eligible and before your initial enrollment period is over . Dont allow 63 days or more in a row without a Medicare drug plan or other creditable prescription drug coverage . If you choose to delay getting a PDP plan , you are not penalized until you decide to enroll . This does come as a surprise to some people who choose to wait to buy a Medicare PDP plan after being on Medicare for some time . To calculate a late enrollment penalty fee , first determine how many months you went without creditable drug coverage . For example 43 months at a rate of $ 31.17 -LRB- 2013 -RRB- is 43 X .3117 = $ 13.40 . So , in addition to the monthly PDP premium , you would pay a $ 13.40 late enrollment penalty . You may have to pay this penalty for as long as you have a Medicare Prescription Drug Plan . In addition , the penalty rate may increase each year . This was a great question . I hope this answer was helpful .


Input: Does Geico Renters Insurance Cover Storage Units?

Output: Yes but see if it will cover more than 10 % of your content coverage . Some insurance companies give 100 % of coverage `` away from your premises '' and some limit it to 10 % . Make sure you know what this answer is before you have a claim . Just be an informed consumer , OK ?


Input: Who Regulates Medigap?

Output: The Center for Medicare and Medicaid Services -LRB- also known as CMS -RRB- regulates Medigap . Every Medigap Policy must follow federal and state laws designed to protect you and it must be clearly identified as a `` standardized '' policy . CMS provides a Medicare Handbook to all Medicare Beneficiaries each year . The handbook covers the following : Enrollment Information Signing Up for Medicare Part A & Part B Medicare covered tests and services Health and prescription drug coverage choices Getting help to pay for health and prescription drug costs Your rights and how to protect yourself from fraud Long term care planning


Input: What Can Keep You From Getting Life Insurance?

Output: There are many kinds of life insurance policies , some harder to get than others . At our office , we start with the hardest to get -LRB- least expensive -RRB- and work our way through the choices until we find the best price and policy for which our clients will qualify . In states that offer it , guaranteed issue life insurance is the easiest to get , and most expensive . But it also has age limitations , so not everyone can get it . Not counting guaranteed issue life insurance or simplified issue life insurance -LRB- both good options for those who can not get anything else -RRB- , here are some things that could keep you from getting medically underwritten Life Insurance : 1 . A serious health condition that is not , or can not be , controlled . 2 . AIDS or HIV positive 3 . Drug or alcohol treatment in the last year 4 . Current or recent felony or probation 5 . Cancer , heart attack or stroke within the past year 6 . Having had some tests done to determine if you have a health condition , with the results not yet back . Or a surgery coming up shortly ; most companies will postpone until the surgery is over . 7 . Not having US citizenship , work VISA or Green Card 8 . Suspended drivers license 9 . Cognitive impairment 10 . A child under 20 with a serious health condition , whether controlled or not 11 . Being in a wheelchair and/or needing assistance to do activities of daily living such as dressing or bathing 12 . Being on oxygen or dialysis 13 . Being diagnosed as terminally ill Again , there are options for most situations , even those above , if you get the right type of policy . An agency that understands impaired risk underwriting , and that carries many different types of life insurance , is your best bet for finding a policy when you have a challenging health or risk history .


Input: Will A DUI Affect Life Insurance?

Output: A DUI will affect life insurance rates , depending on when it occurred , whether it was a repeat DUI , if there was alcohol treatment but the person kept on drinking , etc. . The worst scenario is having to take guaranteed issue or simplified issue life insurance , but after a couple years a medically underwritten policy is usually available .


Input: Will A DUI Affect Life Insurance?

Output: If you are applying for a life insurance policy yes a DUI may affect your eligability for coverage or your rates for the policy . If you have alife insurance policy that is active when you received the DUI then your premium and coverage should remain intact.Please read your policy completely to know what coverage is provided and any exclusions that there may be .


Input: What Is The Best Life Insurance In Michigan?

Output: The best life insurance in Michigan depends on the person applying for it . There are some companies that specialize in life insurance for people with health conditions such as diabetes or MS. There are others that have very good rates for those who are overweight or obese . Some have great prices for Term while others offer exceptional Permanent products . To find the best life insurance for you , go to a website that offers life insurance in Michigan and give them your details . By shopping from multiple companies you will have your best chance at finding your best rate .


Input: What Is The Best Life Insurance In Michigan?

Output: The best life insurance for someone is dependent on their specific needs . Most products that are available to pretty much anyone in any state are also available in Michigan . You should seek out the advice of a licensed agent to determine what the best life insurance policy is for you .


Input: Is Medicare Or Medicaid For Old People?

Output: That is a great question ! I guess the answer depends upon what your definition is of old . Medicare is a program that was designed to provide seniors 65 or older the opportunity to receive affordable health care . There are instances when you can receive it before turning 65 , but that is the usual standard . Medicaid is different . It is a program designed to help elderly or low income people find affordable health care . Medicaid differs from Medicare in that it is State run , not Federally , so there can be great differences from state to state in costs and benefits . I hope that answers your question , if you would like more detail , contact me , I 'm happy to help . Thanks for asking !


Input: Can I Get A Car Insurance Quote Without A Car?

Output: If you have the VIN number of a vehicle that you are looking to buy or if you at least have the year , make , and model of the vehicle that you are looking at being the driver of then yes can get a quote for coverage . If you do not have a vehicle then your would be lookingat a policy called a non-owned auto policy .


Input: Can You Be Denied Auto Insurance?

Output: A particular Auto Insurance company can deny you Auto Insurance , if you have shown a pattern of not having continuous coverage or have too many points on your record . An Insurance can cancel your policy for the same reason . A broker will be able to find an insurance company to take you or at the very least help you in to your state 's insurance program .


Input: What Does Allstate Home Owners Insurance Cover?

Output: Allstatehomeownersinsurance is written on a special form HO3 policy . This means everything is covered what is not specifically excluded from the policy . Most common perils would be earthquake and flood . I recommend to speak with a local Allstate agent if you desire more specifics on how an Allstatehomeowners policy can protect you .


Input: Who Should Not Get Long Term Care Insurance?

Output: People who have very few assets and/or income should probably not get long term care insurance . If there are immediate needs that will go unmet because you are concerned about a possible long term care stay in the future , then the cost of long term care insurance may not be worth it . Also , if you may perhaps go on Medicaid in the future , even without needing long term care services , you should not purchase long term care insurance , in most situations .


Input: Can I Get Life Insurance If I Have Ptsd?

Output: You can get Life Insurance if you have PTSD , or Post Traumatic Stress Disorder . If your PTSD is very mild , you have shown stability for a couple of years , you are being treated successfully or no longer need treatment , and you are able to work full time , you can get medically underwritten coverage of about any amount of life insurance you need . If you are on Disability for your PTSD , have been recently hospitalized for it , or have been experimenting with some different treatment plans to find one that works , you will most likely need to go with a simplified issue policy . The premiums will be higher , the face amount will be limited , and the policy may be graded . But it still is a good choice for persons with debilitating PTSD and will give you peace of mind to have life insurance to cover your final expense needs .


Input: I'm Graduating College Soon. Should I Consider A Career As An Insurance Agent?

Output: I would say yes and no to this question . Yes , it is a great career and a rewarding career if you like helping individuals and families shape their financial futures . In addition to this a successful career in the financial services field requiresa person to be personable and genuinely interested in people . No , this would not be a good career choice if you were the type of person that is an introvert or has no patience . The business has to have some time to develop and involves more of a marketing approach rather than a sales approach . You must put not only your personal effort but some marketing dollars to cause your phone to ring . You must also be good at getting referrals from your clients . With all that said , a career in the insurance or financial service field is the most rewarding career that you will find and the need for good agents is growing each year . My advice is to find a good company with a great training program and one that does n't have limits on the agents .


Input: I'm Graduating College Soon. Should I Consider A Career As An Insurance Agent?

Output: Having been in the business for 30 years I would say yes , with certain caveats . Do not expect an easy job ! A career in insurance can be frustrating and stressful at times . Do not try to start out on your own . Find a good organization that can provide training . You will need that training and help . Be prepared for long hours , a lot of phone calls , and marketing expenses . Many agents fail because they do not approach this as a business . This is actually more of a marketing job than a sales job . You have to learn to market yourself . If you do that the sales part is easy . Find a market you like and stick to it , become a professional . Do n't expect a quick buck ! As with any business it takes time to develop a good consistent income . Insurance is a great career but you have to be the type of person who is willing to stick it out when times get rough and put in a good honest day 's work .


Input: I'm Graduating College Soon. Should I Consider A Career As An Insurance Agent?

Output: As a semi-recent college graduate myself -LRB- 2010 -RRB- , I 'd recommend the insurance industry , even if you do n't necessarily become an agent . I studied journalism , yet found myself working as a receptionist for a small independent agency right after graduation . From there , I became an underwriting assistant at a much larger company , and from there a case manager . Today , I am a social media strategist where I am able to utilize my knowledge of writing and mass media , along with my newfound knowledge of insurance products . Once you have your foot in the door -LRB- depending on where you work -RRB- , you can branch out to numerous departments including IT , accounting , case management , sales , marketing , social media , etc. . It 's a great industry to grow in since many of the current agents/workers and baby boomers are semi-close to retirement .


Input: I'm Graduating College Soon. Should I Consider A Career As An Insurance Agent?

Output: There is a saying . No onechoosesto become an insurance agent . With that said I have seen many fail for not taking the job serious . Many have the wrong expectations or thinking it 's just easy . As we all know it 's a lot of hard work , time , dedication and non stop continuing education but there is much fruit to bear . For me personally , I love my job . And I sleep very well at night knowing I did the best job in protecting my clients .


Input: Which Health Insurance Company Is Right For Me?

Output: The health insurance carrier/plan that is right for you depends on your age , needs , budget , and where you live . Since this is different for everyone , I would need more information to provide proper advice . There are four main benefit levels of coverage - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or were fired , you lose the coverage . An individual plan will stay with you wherever you go . Because everyone 's needs and budgets are different as well as the plan types available to them , you should consult with an experienced health insurance broker about your specific situation so you can review and discuss the available options . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Which Health Insurance Company Is Right For Me?

Output: The health insurance carrier/plan that is right for you depends on your age , needs , budget , and where you live . Sinceeveryone 's needs and budgets are different as well as the plan types available to them , you should consult with an experienced health insurance broker about your specific situation so you can review and discuss the available options . There are four main benefit levels of coverage - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or were fired , you lose the coverage . An individual plan will stay with you wherever you go.I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Which Health Insurance Company Is Right For Me?

Output: I 'll answer your question with original content that is not found anywhere else . The right health insurance is the policy that is affordable , and offers the best coverage for your specific situation . An experienced broker will help you find the perfect plan for you from top-rated companies . LIVE answer provided by : Ed Harris - Premier health insurance broker for 33 years .


Input: Does Medicare Cover Podiatrist Visits?

Output: Medicare will generally not cover routine podiatry unless a person is diabetic . If there is a medical reason that surgery is needed then Medicare may pay at that point . A diabetic person may receive periodic podiatry exams and toe nail clipping . This is allowed due to the risks involved with diabetes .


Input: When Do You Need Disability Insurance?

Output: When do you need disability insurance ? Quick answer ? before you file a claim . The need for disability insurance is going to depend on the value a person places on protecting their paycheck . If they have passive income and money saved or investments they can liquidate , the need for disability insurance may not be that great . For most people though , savings and investments are for a later purpose in life like retirement . Liquidating your retirement assets before retirement simply leaves you with nothing far too quickly . So it is up to the individual to decide the need . The other thing , do n't wait till a disability you recover from shows you the need . Disability insurance , at least good disability insurance , is extremely hard to get . Lots of declines or class ratings for second time around applicants . A second time around applicant is somebody who had something happen before , did n't have coverage and realized how important it really is to have . So they apply in hopes somebody will underwrite them . The problem is , many wo n't .


Input: When Do You Need Disability Insurance?

Output: Unfortunately when you need disability insurance it is too late to purchase it . You should have disability insurance the moment you start working and earning an income . At that point in your life unless you are independently wealthy , your ability to earn an income is your most valuable asset . Everyone should insure their most valuable asset because it is just too expensive to replace .


Input: How Does Accidental Life Insurance Work?

Output: Accidental Life Insurance -LRB- normally called Accidental Death and Dismemberment Insurance -RRB- pays the face amount of the policy to the beneficiary if the person insured by the policy dies due to accidental death . It would not pay any proceeds to the beneficiary if death occurred as the result of illness .


Input: How Much Life Insurance Can You Get Without A Physical?

Output: The most life insurance that I know of that you can get without a physical , in one policy , is $ 500,000 . This is at certain ages and within health parameters . Persons too young or old to get this much , or who have poor health , may have a cap of $ 25,000 or so . If you purchase life insurance from several different companies , you could get as much as $ 1,000,000 without a physical .


Input: How Does Army Life Insurance Work?

Output: The Army enrolls you in $ 400,000 of SGLI -LRB- Servicemembers Group Life Insurance -RRB- when you enter the service . This is term insurance that can be changed to VGLI -LRB- Veterans Group Life Insurance -RRB- when you separate from the Army . You will pay group rates for your SGLI coverage . If you do not want to keep it all , you can reduce the coverage amount in increments of $ 50,000 .


Input: Who Are Variable Annuities Regulated By?

Output: Variable Annuities are a security . The Security Exchange Commission has jurisdiction over the filings . FINRA oversees the distribution practices of variable annuities . Licensed registered representatives must have a series 6 and 63 to sell variable annuities . Some variable group annuities are not considered securities in certain states . Check with the department of insurance in your state to confirm .


Input: Who Are Variable Annuities Regulated By?

Output: Who are Variable Annuities Regulated by ? Primarily because variable annuities involve securities -LRB- mutual funds -RRB- they are regulated by the SEC . Oversight comes from other sources as well such as Finra and state insurance offices . An agent collects detailed information from the applicant to verify suitability of the purchase as it applies towards the applicant 's goals and risk tolerances .


Input: Who Are Variable Annuities Regulated By?

Output: Annuities are products of insurance companies so they are regulated by your state insurance commissioner . In that a variable annuity deals with securities , the agent is supervised by FINRA and the individual companies are supervised by SEC and state and federal regulations . As you can see a variable product is a regulated product .


Input: Is Home Insurance Required In Virginia?

Output: Home insurance is not required by the state but if you have a mortgage your bank will require homeowners insurance . Home insurance is one of the best values in the insurance market place . For less than $ 1,000 a year you can get coverage for your entire house and all of your personal belongings . Home insurance also provides liability protection which is just as important . Your house is usually your biggest asset so make sure it 's protected .


Input: What Is The Going Rate For Home Insurance?

Output: Too many variables to give you a simple answer . What year was the home constructed ? Have updates been made to heat , roof , electric and plumbing ? Are you in a state that excludes wind or includes it ? How much will it take to rebuild your home ? What zip code are you in ? How is your credit ? As you see , way to many variables to give you a fast answer .


Input: What Are The Qualifications For Medicare In Washington?

Output: The qualifications for Medicare in Washington are , first of all , to have paid into Medicare for at least 40 quarters , or be the spouse of someone who did . Most people either get Medicare when they turn age 65 , or when they have been on Social Security Disability for two years . There are other situations where someone can get Medicare in Washington , but those are the most common qualifications .


Input: What Is Life Insurance Assignment?

Output: There are two types of life insurance assignments : collateral and endorsement . The circumstances will dictate which option to take . But fundamentally youre using the cash values -LRB- sometimes the death benefit -RRB- an asset pledge for a loan or a restriction to cash values while an employment agreement may be in force .


Input: What Is Life Insurance Assignment?

Output: Generally this would be when you assign ownership or benefits of a life insurance policy to another individual or business . This is common for example when making preneed funeral arrangements . The insurance policy is assigned to the funeral home . Sometimes assignment may be used to help cover a debt .


Input: What Does Deductible Mean In Relation To Health Insurance?

Output: This is the amount of money that you pay before the insurance company pays anything towards your medical expenses . When shopping for insurance this is n't the only thing to take into account . Make sure when shopping for a health insurance policy that you look at the out of pocket maximum . The initial deductible may be very low , but many companies have plans that have Coinsurance . So once you have met your deductible the insurance company may charge 50 % . So if you go in for a covered service and the bill is $ 2000 you would pay $ 1000 up to a maximum dollar amount set on your policy .


Input: How Does Medicare Pay Doctors?

Output: If your doctor accepts assignment Medicare pays them directly once the claim is submitted , adjudicated and approved . Fees are based on ICD-9 -LRB- diagnosis -RRB- and CPT-4 -LRB- treatment -RRB- coding for services rendered . Once the claim is approved Medicare submits the claim via crossover to your Medicare supplement plan carrier that is on record .


Input: Will Home Insurance Cover Gas Leaks?

Output: Homeowners Insurance polices are not maintenance polices so should you develop a gas leak this would be the responsibility of the owner to repair . However in the event a unknown leak caused an explosion and/or fire this would be a covered loss . Youcertainlywould not want this to occur .


Input: How Long Does It Take To Underwrite A Life Insurance Policy?

Output: That will depend on your age , health , and the amount of coverage desired . I have seen young folks get underwritten in one day , while most adults will take about three days , with some more complex health matters taking several days . If your doctor submits your medical file promptly , you should not expect much delay . It is critical to get your doctor to act . Gary Lane , New York Life , Registered Representative . 949 797 2424 . Thank you .


Input: How Long Does It Take To Underwrite A Life Insurance Policy?

Output: It can take from several hours to several months to underwrite a life insurance policy . If you are getting a policy that does not require any exam or medical files -LRB- referred to as APS 's by the life insurance industry , which stands for Attending Physician Statements -RRB- , the time will be much less than if your underwriting includes an exam and/or medical records . Listing all your doctors on the application can help speed things up , so all your APS 's can be ordered at once . It also helps to take your exam ASAP . Do n't worry if it takes a while ; by getting all the medical information they need , you can be sure that the life insurance company will pay out at your time of need .


Input: Can I Get A Life Insurance Quote Online?

Output: Life insurance quotes are distributed through career , brokerage and company direct . Historically these offerings have not been as competitive as brokerage distribution channels , who offer many life insurance products from various companies . Some of these companies are on line . If the web site doesnt display several companies or a calculator that displays a spreadsheet of all companies , its not worth reviewing .


Input: Can I Get A Life Insurance Quote Online?

Output: Yes , you can get a life insurance quote online . Some websites will offer instant quotes that enable you to put in your age , sex , state , height , weight , amount and type of coverage you are looking for , then see your quote instantly . A smaller number of websites will allow you to put in your health information so that the quote is more specific . It is always a good idea to talk to someone associated with the website , as well , to make sure your quote is accurate . There are many options and sometimes the one that works best for you might not be listed on a website quote engine , especially if you have serious health problems or are looking for permanent coverage .


Input: Can I Get A Life Insurance Quote Online?

Output: Yes , using a search engine like Google or Bing there will be many websites to choose from to quote life insurance . Be careful to read the fine print at the bottom of the disclosure page . The majority of `` quote sites '' are information collection sites that will sell your information to multiple agents . These `` lead '' companies will sell and resell your information and you will be bombarded with phone calls and emails . Most quote sites are not accurate on the quote . Most sites will give their best preferred rate which only about 2-4 % of the population qualify for . it is more about selling your information . Try asking friends , family and co-workers for names of trusted independent brokers to shop for you free of charge to find the best product at the best price for your unique situation .


Input: What Are The Benefits Of Medigap?

Output: Medigap is a secondary insurance plan to pick up the financial gaps after Medicare pays their portion . Medigap is a risk management tool . Without a hefty bank account you can have a lot of out of pocket costs if you have a bad year . Two or three hospitalizations -LRB- it happens -RRB- in a year plus the 20 % that Medicare does n't pay -LRB- Part B -RRB- can add up quickly . Medigap premiums are a small price to pay in order to sleep well at night .


Input: Is It Illegal To Drive Without Car Insurance?

Output: In Wisconsin you are required to have auto insurance by law . There are several states that do require auto insurance . If you are caught driving in a state that does require auto insurance you will more than likely be fined and receive a ding on your MVR . Please contact a local agent to get more on the state laws in your area .


Input: Which Retirement Plan Is The Best?

Output: There is noretirementplan that is the best . But there are a few steps to help you arrive at a decision . The first step is to establish what your effective tax bracket is to determine if you should set up a qualified or non qualified plan . If your tax bracket is low , the deduction may not be as valuable in a qualified plan as the flexibility of a non qualified plan . You also want to assess your risk tolerance to help you select suitable investments that meet your financial profile . Another consideration is whether to set an individual plan or participate with a plan at work . Some employers match portions of your contributions , so it 's important to thoroughly examine your options .


Input: Who Sells The Best Annuities?

Output: There are thousands of tax deferred annuities in the market place . There are three crediting methods utilized in tax deferred annuities : interest rate crediting , indexed crediting and separate sub account crediting . Sentinel is one of the leading fixed interest rate annuity companies . Genworth is one of the leading indexed annuity companies . Variable annuities are harder to access because of the varying expense loads , but by policy provision perhaps The Prudential .


Input: How Much Does Renters Insurance Cost For An Apartment?

Output: On average within my area I have seen renters insurance begin at about $ 8/mo for 10000 in coverage . There are many factors that are going to determine your rate for renters insurance . Some of these factors are : geographic location , age of building , number of units , amount of coverage needed , credit rating for proposed insured , and many more . Contact a local agent to receive a quote for your coverage .


Input: How Much Does Home Insurance Cost A Month?

Output: Pricing for homeowners varies more than the amount of problems in a math book . A few factors that insurance companies consider are : age of home , zip code , quality of home , credit of the occupants , driving records of the occupants , if you have multiple policies with the carrier , age of occupants in the home , age of the roof , improvements to the home , security system ... the list goes on and on so this is why there can be so many variants and no two people are really alike when it comes to pricing so there is no way to say exactly what the price is until you let a company give you quotes and truly run the numbers for you .


Input: Is Long Term Care Insurance Required In Nebraska?

Output: No , Long Term Care Insurance is not required in Nebraska , or in any other state . Not everyone can afford to pay the premiums for Long Term Care Insurance , and Medicaid exists for those who are unable to afford the expense of living in a skilled nursing facility . However , many people in Nebraska choose to purchase Long Term Care Insurance so that they can protect assets -LRB- protecting the family farm is a big incentive to purchase Long Term Care Insurance in Nebraska -RRB- . They also purchase Long Term Care Insurance so that they have the freedom to spend the benefit at the place of their choice , be that home health , assisted living , nursing home , or other .


Input: When Is It Illegal To Not Have Health Insurance?

Output: It will not be `` illegal '' not to have health insurance . However starting 2014 the federal government will start levying penalties on businesses that have over 50 full time equivilent employees and on individuals who do not have health insurance either through their spouse , work , individual coverage , or are listed as a covered dependent on someone else 's insurance policy .


Input: What Is The Least Expensive Medigap Plan?

Output: The least expensive Medigap plan will almost always be the high-deductible plan F -LRB- Hi-F -RRB- . It 's the exact same benefits as the regular plan F -LRB- which is generally the most expensive because it 's the most comprehensive plan -RRB- , except the Hi-F features a deductible -LRB- $ 2,140 in 2014 - this number can change from year to year -RRB- . I hope the information is helpful - if you would like some Medigap plan quotes or have any other questions regarding Medigap plans , please feel free to contact me . Thanks very much .


Input: How To Calculate Irr On Life Insurance?

Output: There is a website called dailycalculators.com where you can find a tool to calculate IRR -LRB- Internal Rate of Return -RRB- on a life insurance policy . Once you get to the website you will find a link to connect this particular calculator . It is much easier than calculating it yourself .


Input: Will My Homeowners Insurance Cover A Broken Sewer Line?

Output: Homeowners Insurance will not cover a broken pipe or sewer line unless the cause may have occurred due to freezing which would be a sudden event , not normal wear . However the spillage caused by a bursting pipe may be covered if their is damage to your dwelling . So in other words if a pipe just busts and there is no damage to the dwelling there is no coverage . If there is damage to the dwelling then the dwelling is covered but the pipe is still not covered .


Input: Will Health Insurance Cover Wisdom Teeth?

Output: That will depend on the nature of your wisdom teeth removal . Most claims for extractions are sent to your dental insurance first . If the wisdom teeth are what 's called ` boney impactions ' , then the claim will be sent to your health insurance company to coordination benefit with your dental plan , as ` boney impactions ' are covered under health insurance .


Input: Does Life Insurance Affect Credit Score?

Output: Life insurance should not effect your credit score unless you are borrowing funds to pay your premiums on a larger case . However , a low credit score can affect your premiums when purchasing life insurance . Underwriting your health and lifestyle is just part of the process . Underwriters do look at the financial side of your life as well . They consider your income , occupation , length of employment , assets and yes your credit score . If you wish to get the best premium for your coverage , be sure your credit score is as high as possible . Your health , lifestyle and finances are all considered when purchasing life insurance .


Input: Does Life Insurance Affect Credit Score?

Output: Life insurance typically does not impact your credit score . However , car payments and mortgage payments can have a huge impact on your score if you constantly are late with your payments . A lower credit score means it will cost you more to borrow money , and over time , that could cost thousands of extra dollars . Also , if you have TOO MUCH life insurance and are paying quite a bit , it could impact your score . This question was also answered by Tyler Maddox earlier in the year .


Input: Does Life Insurance Affect Credit Score?

Output: Sometimes applying for Life Insurance can slightly affect your Credit Score . Occasionally some companies will use Credit Score as a determining factor in your Premiums . And they will run your Credit Score to find out what it is . According to Experian `` Inquiries '' account for only 10 % of your Credit Score . And `` Excessive '' inquiries count against you . So unless you have had multiple recent inquiries , a single inquiry from an Insurance Company should not affect it too much according to Experian . However , I am a life insurance specialist , not a credit specialist . Experian , TransUnion , & Equifax all have some good info on their sites about what makes up your score and what can affect it .


Input: Why Does Medicare Exist?

Output: Medicare was formed to provide affordable health care for older persons in the United States . As time went on , it was expanded to include the disabled and some other small groups . Lyndon B Johnson signed Medicare into law in 1965 and credited Harry Truman for the idea of Social Security , which was expanded to include Medicare .


Input: How Much Do Fixed Annuities Pay?

Output: The fixed annuity market is currently paying to date around 2.95 % for a five year guaranteed period . The fixed annuity market is currently paying to date around 3.25 % for a ten year guaranteed period . The 30 basis point spread is n't worth locking down the ten year rate , with interest rates predicted to rise over the next decade . Always confirm the rate before entering into the annuity contract .


Input: Is Paid Family Leave Considered Disability Insurance?

Output: There are three states with paid family leave programs : California , New Jersey , and Rhode Island . Each state also provides state short term disability , and uses the same reimbursement rates , and the same infrastructure for collecting premiums and making claims payments . The qualifying criteria are different . Disability makes payments when the employee is disabled , while paid family leave makes payments when the employee is caring for a sick family member .


Input: Is Paid Family Leave Considered Disability Insurance?

Output: No . Paid family leave is an employee benefit and one not offered by all employers . It may be taken in conjunction with a disabling event but it is in no way disability insurance . The Federal Family Medical Leave Act -LRB- FMLA -RRB- provides certain employees with up to 12-weeks of UNPAID , job protected leave per year and it does require that group health benefits be maintained during such a leave . The FMLA applies only in specific life circumstances and is applicable to all public agencies , public & private elementary and secondary schools and companies with 50 or more employees .


Input: How Old Do You Have To Be To Get Long Term Care Insurance?

Output: Most advisers begin addressing long term care insurance to their clients around age 50 . But the purchasing trend of long term care appears to be around age 60 . However , if youre family has a predisposition to disease , chronic hospitalization or nursing home confinement when theyre old , you may want to consider long term care insurance when youre young and healthy .


Input: Does My Health Insurance Cover Me In Another State?

Output: Typically , your health insurance will cover you in other states if it is an emergency or life-threatening situation . However , if it is a simple office visit , coverage may depend on the specific network coverage that you have , and what providers your insurer uses out of your area . Blue Cross , for example , along with Aetna and UnitedHealthcare , would tend to have a large network .


Input: Does My Health Insurance Cover Me In Another State?

Output: It depends on your plan . Most plans provide coverage beyond your home state . However , most Medicaid plans will only pay in the state they are from -LRB- or occasionally in the immediate area in surrounding states -RRB- except in emergency situations . It is always best to contact your insurance if you are planning a trip to make sure that you will be covered in any situation .


Input: Does My Health Insurance Cover Me In Another State?

Output: Great question ! The plan you have should cover you wherever you are . If you are travelling , be sure to take your insurance card with you , to ease any problems that may occur . If you are moving , when it becomes time to renew , you may find that your rates may change , based on your new location , so be aware . If you have more questions , feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Does A Life Insurance Exam Consist Of?

Output: The exact tests that are required for an exam a person will take will depend on several factors - their age , the amount of coverage they 're applying for , and the carrier they 're applying to . Each carrier has their own underwriting guidelines so some may have different exam requirements than others . For middle aged individuals , you will most commonly see an exam consist of 3 parts : 1 -RRB- Paramedical exam - checking your height/weight , your pulse , and going through the medical questions 2 -RRB- Blood Test 3 -RRB- Urine Test If you 're an older individuals -LRB- e.g. age 55 -RRB- , some carriers may also ask for an EKG to be completed with the other exam requirements . If you 're a senior -LRB- e.g. age 70 -RRB- , some carriers may ask you to complete a mature assessment -LRB- congnitive and physical movement testing - e.g. memory tests , walk a distance , etc. -RRB- . Exams typically take no more than a half hour or so and can be completed in the privacy of your own home -LRB- some people prefer their work place which is also acceptable -RRB- . You do n't have to go to a doctor 's office or a clinic to have the exams done . One recommendation is know which carrier and which of their programs you are going to apply for . You do n't want to take an exam before completing the application process because if you apply to another carrier than you may have originally intended , you may have to complete extra testing because that 2nd carrier may have more markers they check for -LRB- therefore extra exam requirements/tests -RRB- than the other carrier . Ideally , you want to have everything in order and make sure it 's right so you only have to do it once . Please feel free to contact me if you have any other questions . Thanks very much .


Input: What Does A Life Insurance Exam Consist Of?

Output: A life insuranceexam is information an underwriter needs to make a risk assessment on your help in determining your premiums paid for a specific face amount of insurance . Therefore it really depends on the amount applied for and your age and health status . The first part of the exam is just answering health history questions on the application . The second part of the exam is done bya paramed examiner which is a nurse . This part of the examcan vary from just taking height and weight , blood pressure , mouth swab , blood and urine samples all the way to running a portable EKG strip . Again age and face amount dictate how much information is required for the underwriter .


Input: When Can You Drop Health Insurance?

Output: It depends upon whether you have individual or group health insurance . If you are covered under an individual health insurance policy you can terminate your coverage essentially at anytime . When I say essentially , if you 've made your monthly premium payment and decide in mid-month you want to cancel your coverage that cancelation almost certainly would n't go into effect until the first of the next month . It 's highly unlikely you would be allowed to cancel retroactively or get a prorated refund . Cancelling group health insurance coverage can be more complicated if your employer is using a Section 125 Plan and you are paying any portion of your premiums on a pre-tax basis . In this situation you are locked into your coverage until the next open enrollment period unless you experience what is called a change of life status event . This would be an event like getting married , divorced or having or adopting a child -LRB- to give the most common examples -RRB- . Simply deciding that you do n't want the coverage anymore or hitting a rough patch financiallyin and ofthemselves arenot a qualifying events under IRS guidelines and do not meet the criteria for terminating your group coverage . So , whether your employer has a Section 125 Pre-tax plan in place -LRB- and these days most employer 's do -RRB- is a key factor in determining whether or not you can drop your coverage at sometime other than the plan 's annual renewal .


Input: How Does Driving Record Affect Life Insurance?

Output: That is a great question ! You are aware that insurance companies are all about risk , right ? The lesser the risk , the cheaper the policy , as a rule . The more risk , the harder it is to be insured . Reckless driving is definitely a good way to put yourself and everyone else on the road at risk . Just about every insurer will ask if you 've had issues with your driving record , to help assess your riskiness . If you 've had some issues , expect a higher priced , rated , or denied policy . I hope that helps , thanks for asking !


Input: How Does Driving Record Affect Life Insurance?

Output: Having a poor driving record can cause life insurance rates to go up , or even cause a policy to be postponed or declined . However , there are usually No Exam policies to turn to if a medically underwritten policy is declined due to driving record . Some aspects of the driving record that can affect rates or approval are : the number of tickets within the past few years , drug or alcohol related driving violations , repeat convictions , and suspended drivers license .


Input: What Is The Cost Of Medigap Insurance In 2013?

Output: Medigap rates vary considerably by zip code , age , tobacco use and plan . The older you are the higher your Medicare supplement rate will be . The exception is for those who are under age 65 and on disability and Medicare . In most states rates for under age 65 are astronomical . Many carriers offer competitive rates from age 65 to 74 . Above age 74 some plans -LRB- surprisingly -RRB- become more competitive while others less so . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Plan F is the most expensive -LRB- and most popular -RRB- followed by D or G -LRB- depending on your state -RRB- , N then Hi F . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online . #MedigapPlanFRates #MedicareSupplementPlanFRates #GeorgiaMedigapPlanFRates #GeorgiaMedicareSupplementPlanFRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: Does Homeowners Insurance Cover Roof Collapse From Snow?

Output: Unless you have a stripped down policy your homeowners insurance should cover the collapse of a roof from the weight of snow . However you should Consult your local agent about the coverage 's of your homeowners insurance policy on the perils of your policy as there is the potential of limitations in certain areas .


Input: What Is A Qualifying Event For Health Insurance Enrollment?

Output: In the context of health insurance , qualifying events are certain life events that meet criteria established by the IRS and now , also Health and Human Services , that would allow an individual to enroll in individual health insurance outside of the normal annual open enrollment period established under the Affordable Care Act -LRB- ObamaCare -RRB- . Common examples of qualifying events are ; 1 -RRB- Loss of health insurance coverage through your employer 2 -RRB- Expiration of your health insurance coverage through a former employer under the Federal COBRA regulations or state continuation of coverage provisions 3 -RRB- Loss of coverage under a government sponsored plan , including Medicaid or CHIP 4 -RRB- Loss of Minimum Essential Coverage -LRB- e.g. - state high risk pool , student health plan -RRB- 5 -RRB- Birth or adoption of a child or establishing foster care or legal guardianship of a child 6 -RRB- Marriage 7 -RRB- No longer an eligible dependent -LRB- e.g. - child turning age 26 -RRB- 8 -RRB- Divorce from a policyholder 9 -RRB- Termination of a pre-Affordable Care Act individual plan during 2014 10 -RRB- Moving to a new area that offers different plan options or outside of an HMO service area 11 -RRB- Employer bankruptcy resulting in loss of coverage for retirees 12 -RRB- Return from active military service 13 -RRB- Release from incarceration 14 -RRB- Unintentional error or enrollment/disenrollment in a health insurance marketplace plan is unintentional or erroneous 15 -RRB- Newly eligible/ineligible for exchange subsidies or premium tax credit or cost-sharing reductions 16 -RRB- A material violation committed by the health plan You should operate under the assumption that you have 60-days after such a `` Qualifying Life Event '' to complete your application for new health insurance coverage .


Input: Can Someone Without A License Have Car Insurance?

Output: Unless you are getting ready to have your license re-instated and have to show proof of insurance before having it re-issued ; I do not believe that it is possible for you to secure auto insurance coverage . I am certain that almost all of the auto insurance carriers out there would be reluctant to allow a person without a valid drivers license to have insurance coverage with them , which would potentially open them up to greater risk of loss .


Input: Can Someone Without A License Have Car Insurance?

Output: Every state has different laws concerning car insurance and a drivers license . I would check with your State Department of Insurance and ask them that question . I think it 's always safer to get that info first hand than to ask a person who you may feel is going to try to sell you something you may or may not need to buy .


Input: How To Get Life Insurance With Cancer?

Output: The first step is to getting life insurance with cancer , is to contact a good impaired risk life insurance agency/agent that carries a range of products . Cancer life insurance policies change as the years from diagnosis increase . People who are first diagnosed/treated will need to start with guaranteed issue insurance , but then after a year or two of being cancer/treatment free , they can likely qualify for a simplified issue policy at a slightly lower rate . Some types and stages of cancer can be medically underwritten shortly after treatment ; some will never be able to qualify for a medically underwritten policy . Using a knowledgeable agent who carries an assortment of policies will save you time . It will also help preserve your sense of dignity and well being .


Input: How To Get Life Insurance With Cancer?

Output: A lot of people think `` once you have cancer , you 're uninsurable for life . '' This is not true . If you 've completed your cancer treatment and a given amount of time has passed since it 's completion -LRB- generally 2 + years are ideal conditions for getting coverage approved by an underwriter . Some carriers may ask for 3 , 4 , 5 , or more years since completion , varies by carrier -RRB- , you can qualify for life insurance benefits . When you 're looking for life insurance and you have a history of cancer , you will definitely want to shop the case before applying for coverage with a company . Every carrier has their own underwriting guidelines . With cancer histories , the type of cancer , course of treatment , when treatment was completed , and other factors , may result in a wide variety of risk classes carriers will assign . Company ABC could come back with table 2 and Company XYZ could come back with table 6 . You will want to work with an independent agent/broker that can look at multiple carriers , not just a single one . The only point in time where a carrier is going to look at cancer as an auto-decline , is when treatment is n't yet completed . During this time , you 're best options for life insurance benefits will generally be a guaranteed-issue whole life policy -LRB- features a 2 year `` graded '' benefit period -RRB- .


Input: What Is The Cut Off Age For Health Insurance?

Output: Typically , if you are eligible for Medicare -LRB- or age 65 -RRB- , you can not purchase conventional health insurance . Although there may be some exceptions , Medicare is designed to cover consumers that have reached that age . Of course , young persons can easily obtain coverage , and rates are often lower because of the reduced risk .


Input: What Is The Cut Off Age For Health Insurance?

Output: Overall , there is never a `` cutoff '' for health insurance - there is health insurance available to you in one form or another . Individuals under age 65 will generally look at health insurance on the individual marketplace , unless you have an option for group coverage through your employer . For individuals turning 65 and older , you would generally be on/looking into signing up for Medicare Parts A & B. I always recommend consulting with an experienced broker to review your health care coverage and see what programs are available that may better suit your needs . Please let me know if I can be of further assistance . Thanks very much .


Input: Does Health Insurance Cover Nicotine Gum?

Output: The answer to your question will vary from health insurance carrier to health insurance carrier and may also be determined by whether your employer 's coverage is self-funded and they have made a determination about the coverage of nicotine gum . Coverage for smoking cessationprograms has almost universally been adopted by health insurance carriers for its obvious positive effects on the health of their members . However , what treatments and medications they will cover for smoking cessation are determined by each insurance carrier and are not uniform across the industry . You should check with your health insurance provider 's customer service department to get more detailed information about what your coverage is in this regard . My general experience is that the nicotine patch is more likely to be covered than nicotine gum . Also , there are several prescription medications that are available for use in smoking cessation and you may find that some or all of these are covered by your health insurance .


Input: Does Health Insurance Cover Nicotine Gum?

Output: The answer to your question will vary from insurance carrier to insurance carrier . While smoking cessation program coverage has become almost standard in health insurance policies , the approved methods and medications are determined by each health insurance carrier . As such , there is no simple , Yes or No answer to your question . You will need to check with your insurance carrier to determine what your plan with them covers and the steps you need to take to have your efforts to stop smoking covered . In general terms , nicotine patches seem to be more favored by health insurance carriers than nicotine gum . Also , there are several prescription medications that are approved for smoking cessation and are generally covered under the pharmacy benefit of most health insurers .


Input: Will Life Insurance Cover Accidental Death?

Output: Yes , Life Insurance will cover accidental death in addition to death by natural causes . The only type of death that most life insurance policies will not cover is death due to suicide during the first two years of the policy .


Input: Does Employer Pay Disability Insurance?

Output: Yes , there are group disability plans that an employer will pay the premiums as an employee benefit . The upside is the employees are receiving a free benefit as a perk of working for the company . The down side of group disability plans are they are tax deductible for the employer , therefore if the employee draws benefits these are subject to income tax . If you purchase your own disability insurance plan with after tax premiums your benefits are tax free .


Input: Does Employer Pay Disability Insurance?

Output: You employer may pay for your disability insurance , or pay part of the premium , or allow you to pay for the premium of the group plan your employer offers . You can contact your Human Resources department of a larger business , or ask your employer or office manager of a smaller business , to see if you have disability benefits , and ask how they are paid .


Input: What Should Renters Insurance Cover?

Output: The coverages provided are for both contents and liability . When the contents of your residence are affected as a result of the stated policy perils , renters insurance will provide coverage up to the amount of insurance purchased and specified in the policy , less any deductible . Some of the important perils that are covered are damage/loss to personal property from : fire & smoke ; windstorm or hail ; water damage ; burglary & theft ; vandalism . With regard to the liability coverage , it is obviously very important also . It provides coverage for injuries and accidents that happen both within your residence and outside that might result from alleged or actual negligence on your part . It does not replace auto insurance however .


Input: What Will Medicare Insurance Premium Be In 2014?

Output: We have no way of knowing in advance what the Medicare premiums or deductibles will be for the next year . These items are determined by Congress and seemingly do not follow any logical steps or formula 's . The Medicare deductible and premiums are more political than anything . If Congress is feeling some heat during an election year they may even LOWER the deductible and premium as they did a few years ago .


Input: What Is Medicare HMO Blue?

Output: Medicare HMO Blue would , most likely , be a Medicare Part C -LRB- Medicare Advantage -RRB- plan . Medicare Advantage plans , like Medicare HMO Blue , take the place of traditional Medicare Parts A & B and are sold through private insurance companies that are contracted annually through Medicare to offer these plans . For people on Medicare , Advantage plans are an alternative to having `` original '' Medicare .


Input: What Is Life Insurance Cash Value?

Output: Cash value for a life insurance policy is typically the amount of cash that the policy has accumulated over time and the amount -LRB- less any fees or charges -RRB- that you would receive if you were to cancel the policy . Typically whole life and universal life insurance policies are policies that could have a cash value after some time of ownership .


Input: Why Should I Get Private Health Insurance?

Output: Your choice is a simple one . If you were to incur a debilitating illness or injury , would you prefer all the expenses for your care come out of your pocket or someone else 's ? If it is the latter , then you should get private health insurance . A high deductible plan of comprehensive coverage to protect you from financial ruin makes sense .


Input: Is Twinrix Covered By Medicare?

Output: Generally speaking Twinrix is considered an outpatient drug thus covered under Medicare Part D. Assuming the beneficiary has a Part D plan with Twinrix on the formulary , the drug -LRB- vaccine -RRB- would be covered according to the terms and conditions of the specific Part D Plan and would be subject to deductibles and co-pays per the plan . You can get Part Dplan information for all plans available in your countyat WEBSITELINK , or by contacting a local advocate or a broker . Feel free to ask a follow up question . All the best . Mark


Input: Will Medicare Pay For A Walk-In Bathtub?

Output: No , walk in bath tubs are generally not considered durable medical goods and are therefore not covered under Medicare .


Input: How Much Does Term Life Insurance Cost For A 65 Year Old?

Output: I 'll add to the above that it also depends on the state you live in , your medical condition and how long you want the policy for . Purchasing a Whole Life or IUL policy at 65 probably would n't be your best move . * smile * That being said ... For a `` Preferred '' male , non-tabacco living in Oregon on a 10 year Term plan : $ 100,000 Death Benefit : $ 64 - $ 220/mo . depending on the company $ 250,000 Death Benefit : $ 130-393 / mo. depending on the company As you can see it 's best to shop around .


Input: How Much Does Term Life Insurance Cost For A 65 Year Old?

Output: There 's many factors that go into the costs for term life insurance to say what an average plan costs - it will be different for every person due to a number of factors including their age , amount of coverage they want , how long they want the coverage for , their risk classification , and whether they 're applying with full underwriting or non-medical term coverage . At age 65 , you 'll have term life insurance options for 10 , 15 , and 20 -LRB- 25 and 30 years term insurance would not be available due to age - you would need to look at permanent programs to secure coverage longer than 20 years -RRB- . If you want to consider coverage beyond 20 years , I would suggest looking at a Guaranteed Universal Life insurance policy -LRB- GUL -RRB- - dialing down the guarantee period can reduce your premiums . If you 're looking for something in the $ 100,000 , 10yr term insurance range , you could be looking at premiums of about $ 35 per month to over $ 100 + per month . However , any numbers quoted without knowing the details of your medical history will be useless - they would be no more than a guesstimate . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please keep in mind - every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Consulting with an experienced life insurance broker would be the best course of action . Brokers can shop the case for you among a number of carrier to see which one will work best for your program and help you structure a policy that will best serve your needs and your budget . I hope the information is helpful - please feel free to contact me for help , including specific quotes and carrier policy comparisons , and if you have any other questions . Thanks very much .


Input: How Much Does Term Life Insurance Cost For A 65 Year Old?

Output: The cost of Term Life Insurance for a 65 year old will depend on the following : 1 -RRB- The gender of the applicant . At age 65 , men pay much higher premiums than women . 2 -RRB- The length of the term . There is a big difference between the price of 10 year Term and 20 year Term at age 65 because mortality rates rise so much as we age . 3 -RRB- The health of the applicant . Health conditions can make a huge difference in premium . For a 65 year old woman in excellent health , a 10 year term policy of $ 100,000 can cost as little as $ 35/mo . For a male of the same health , the rates jump up about $ 20/mo . For a 65 year old male with standard health , that same policy would cost about $ 90/mo . If you extend it to 20 year term , the price is nearly double . Shopping among multiple carriers can be of great benefit at age 65 , because the variances in premium are greater than when you were younger . Some companies even give preferential underwriting to older persons . Please feel free to contact me if you would like me to research your best rate from the many companies we carry .


Input: How Much Does Medicare Pay For Transportation?

Output: Medicare covers medical transport that is medically necessary . A ride in a cab to your doctor appointment is not covered . If Medicare determines your trip was not medically necessary you are responsible for 100 % of the bill . Be sure to use a provider that accepts Medicare assignment to minimize your out of pocket costs .


Input: Will Unemployed Have To Buy Health Insurance?

Output: Will the unemployed have to buy health insurance ? Yes , under the new healthcare laws coming in you 'll be expected to purchase and carry health insurance or face a tax fine . While you are required to carry coverage you may also receive government assistence with the cost , not sure if the assitence will be upfront or after .


Input: How Much Does An Investment Advisor Charge?

Output: How much investment advisors charge will depend on not only the type of service they are providing , but the amount of assets involved as well as the how the advisors charge -LRB- hourly , flat fee , percentage of assets -RRB- . Hourly Rate : Advisors may charge an hourly rate for building a financial plan or reviewing an existing one . The hourly rate will depend on the skill level of work involved . A typical range of this rate would be $ 200 - $ 500 per hour Flat Fee : Advisor may charge a simple set price to complete a task , such as building a financial plan . The rate might be $ 500 or $ 5,000 depending on the complexity of the plan . Percentage of Assets : To manage funds in a client 's portfolio , an investment advisor may charge a set percentage of the amount of assets being managed . A typical range is 0.5 % to 2.0 % of assets . Typically , the higher the amount of assets being managed , the lower the overall fee percentage rate . Each Investment Advisor must disclose their method -LRB- s -RRB- of charging and the fee schedule when engaging in a relationship with the client . But , it does n't hurt to ask the advisor upfront .


Input: What Happens When A Term Life Insurance Policy Ends?

Output: Term life insurance ends when you quit paying it . Most term life insurance is guaranteed to stay level for X number of years , and then the premium jumps very high and keeps going up every year . Most people quit paying it before having to pay these high premiums . When Term life insurance ends , it does not have any cash value and would no longer pay the death benefit if the insured person died .


Input: What Happens When A Term Life Insurance Policy Ends?

Output: When term life expires , the coverage ends and premiums stop . Depending on the policy , there may be valuable conversion rights that may be available before the end of the term period or coverage end . Most term policies will expire before the insured does so it is important to plan ahead if coverage needs to be maintained .


Input: Does Homeowners Insurance Cover Personal Injury?

Output: Personal injury liability is a standard coverage on a homeowners policy . If you know that someone other than a resident of the home has been injured on the premises notify your insurance company immediately . These situations rarely improve with time and a quick response can often reduce the cost of the claim . These claims are not subject to a deductible with most companies .


Input: What Is The Best Medigap Insurance?

Output: In my opinion the best Medigap insurance plan is the one that delivers the most value for the premium charged . Usually it is any plan OTHER THAN Medigap plan F. Medigap Plan F is the most expensive -LRB- and most popular -RRB- but it also pays the highest commission to the agent . Most of my clients are satisfied with the premium savings and value they receive from Medigap plan G or plan N. #GeorgiaMedicarePlans


Input: What Is The Best Medigap Insurance?

Output: +1 to Bob . Also keep in mind that the same plans from different companies must offer the same exact benefits . A plan F from company A has the same benefits as a plan F from company B . The only difference is the price and the company name . It may be beneficial to shop around .


Input: What Is The Best Medigap Insurance?

Output: The best Medigap Insurance Plan will be specific to each individual 's needs . What is the best for one will not be the best for another . Medigap Plan F is the most comprehensive plan on the market but depending on your needs it may or may not be the best for you . The way to determine what is the best Medigap Plan for you is to contact a independent agent that specializes in Medigap Insurance . They will be able to evaluate your needs and help you match the best plan that meets those needs . I would be happy to answer any other questions you have .


Input: How Many People Have Long Term Care Insurance?

Output: About 10 % of the US population have long term care insurance as of 2013 . Premiums have raised recently , which could cause that percentage to drop . However , with Baby Boomers entering their golden years and the cost of long term care increasing , it could also spur more people to buy it .


Input: Where To Get Cheap Homeowners Insurance?

Output: By cheap I assume that you are referring to the premium . The cheap I like to think of is the cost when you have the claim and your company stands behind you and pays everything that you expected . Regardless of the premium , you will then know what cheap really means . A major property loss could take 100 years of premiums to pay for . Having correct coverage is the way to have the truly cheap homeowners policy , find an agent , one you can trust .


Input: What Does The D Mean In A Medicare Number?

Output: The letter D is part of some claim numbers . A plain letter D means `` Aged Widow , age 60 or over '' . D1 means `` Aged Widower , age 60 or over '' . D2 means `` Aged widow , second claimant '' . D3 means `` Aged Widower , second claimant '' . D6 means `` Surviving Divorced Wife , age 60 or over '' .


Input: Do Car Insurance Rates Go Down If You Go A Long Time Without An Accident?

Output: Your driving record is a major determinant of the price of your auto policy . Most auto policies charge if you have received either a citation or been involved in an accident in which the company had to pay . Some companies advertise that your good driving record can give you forgiveness should you have the one unusual accident .


Input: Do Car Insurance Rates Go Down If You Go A Long Time Without An Accident?

Output: It may or may not depending upon your Insurance Company and how they are filed in your state . Some companies do offer and apply a long term discount and/or a safe driver discount if they apply . You can , however , be pretty sure that unless your company includes an accident or violation forgivevess benefit , should you suffer either of those , your rate will probably increase .


Input: How Does A Deductible Work In Home Insurance?

Output: It works the same as any other deductible . You must pay whatever the deductible is before the insurance company will pay . For example , you have a $ 500 TV destroyed by a covered peril . If your deductible is $ 1000 then it would not make sense to turn in a claim . If you have a $ 20,000 loss due to a covered peril , you would be responsible for $ 1000 and the insurance company would pay $ 19000 .


Input: How Does A Deductible Work In Home Insurance?

Output: A deductible is one of the ways your insurance carrier helps to keep insurance affordable . There are three basic ways your financial participation in insurance can work . First , you agree to pay premium for a policy . Second , in most policies , you agree to pay the first dollars of a property loss and that is what we call the `` deductible '' . -LRB- Do n't confuse a deductible with a co-payment agreement . -RRB- You also agree , whether you know it or not , to be responsible for every dollar of loss above and beyond the limits and amounts of insurance you purchased . These three are the ways you agree to pay for the losses you suffer . Most of us only encounter the deductible and premium payments as typical methods of paying for our losses . A deductible helps the carrier avoid the expense of investigating , processing , and paying small claims . A small claims , say under $ 500 , may cost as much to investigate , process and pay with a check or draft as the cost of the actual loss has cost the carrier . A deductible is a way for your insurance to cost less and a way for you to afford the cost of insurance . It is also a way for the carrier to avoid the costly process of paying small losses . When the cost of the repair or replacement of the property is determined , your deductible is subtracted from the final payment and you become responsible to contribute this amount to obtain the repair or replacement of your lost property . Deductibles are rather straightforward and I hope that the latter helps you understand the way a deductible works and why it is included as a part of your property insurance policy .


Input: When To Start Long Term Care Insurance?

Output: Conventional wisdom is no later than age 50 when the potential morbidity events begin to increase and at age 62 for price considerations . Establishing a long term care insurance policy is part of defensive retirement planning and should be a high priority based on life expectancy and the average cost fo extended care during your senior years .


Input: How Much Money Can I Make Selling Life Insurance?

Output: Most life insurance agents earn commission , so can make whatever their commissions add up to . However , you also have to subtract all your costs of business , which can be substantial . Obviously , any agent earning 100 % commission and no salary will have fluctuating income , with some lean years and , hopefully , some more profitable ones to offset the lean ones .


Input: How Much Money Can I Make Selling Life Insurance?

Output: You can make a ton of money selling life insurance . $ 1 million per year . More . A lot more . Of course , a number of factors have to fall into place . Here is my list of those factors that can fuel your propulsion toward making that kind of money : Dedicate yourself to selling life insurance . If you treat it as an ordinary job , then it wont be worth the aggravation . Treat it as the noble profession it is . There is virtue in making sure that the widows and orphans among us are self-sufficient , and dont have to ask for handouts . Commit to being the nicest person you can be . You are , after all , helping people face their own mortality . Be sensitive about that . Take a zen approach to selling : the sale you dont desire is the sale you will get . Should you want the sale ? Sure . Do you need the sale ? Sure . But perspective is essential . In the big scheme of things , this is only a sale . Dont get too attached to it . Become a true expert . Establish yourself as the go-to guy for this product . When somebody has a question about life insurance , your opinion should have the most authority . Specialize . Every other financial professional wants to be a jack of all trades and master of none . But let me ask you this : if you were willing to spend $ 100,000 on your own life insurance policy , would you hire a true specialist or at a mere generalist to get the job done right for you ? To drive home the point : lets suppose you wanted to spend $ 1 million on a new mansion . Would you hire a master builder , or a plumber that had also expanded into construction work ? Integrity , integrity , integrity . Your word should be gold . When you give somebody a quote , they should get approved at that rate . Period . View yourself as an elite producer . Why shouldnt you land a big fish on a regular basis ? If you really have put in the work to make yourself a master of your trade , then those big cases should come to you . Build a great organization . Make sure you can deliver superior service throughout every stage of the life insurance purchasing process . Open your own brokerage , or affiliate with good distributors . Or put together some hybrid of both . Lead a normal life . Too many salesmen divorce their wives and marry their business . Wrong priorities . And take the best care of yourself . Make yourself physically strong and mentally tough , and you will have the endurance needed to succeed . Big time . Ready - set - change . The world is shifting in all different directions . If you chart the right path , you can keep up with it . More than that , you can make it work for you . When I started in this business , I developed a local clientele . I saw every client personally , and was armed with a rate sheet and a few computer printouts . Two appointments , then a sale . All over the kitchen table or business counter . Now I do business across the country , and engage people through email , social media , and cell phones . Lots of ways to connect , to educate , to serve . Its taken some time to get used to the newest ways of doing business . But you know what ? If you let your traditional values guide you in your use of new technology , you will be a winner . Many times over . Just keep finding ways to keep the customer satisfied . Stay connected and build strong relationships . Keep educating , and keep serving . People should be able to find you on their desktop , on their laptop , and in their cell phone . Make it easy for them to tell you whats on their mind . To tell you their problems . So you can solve them . You will get many clients that way , and a lot of them will spend a lot of money on life insurance .


Input: What Is Group Disability Income Insurance Plans?

Output: The simple basic answer is Group Disability Insurance is a plan which your employer offers as part of a benefit package . The other option is Individual Disability Insurance which is a plan you own yourself and will follow you if/when you leave your current employer . The differences are going to be the benefit that is provided . Individual plans are more comprehensive where the group plans are more cost effective -LRB- you pay less -RRB- and may be guaranteed . Individual plans can provide a benefit even when you go back to work if build into it . I would recommend comparing the differences or each to fully understand . If you have an option to get Group Disability Insurance , Take It ! You will pay pennies on the dollar . Then decide if you need additional and/or if it makes sense .


Input: When Must I Register For Medicare?

Output: You should register for Medicare in the three months before your 65th birthday , the month of your 65th birthday , or the three months after your 65th birthday . If you do not get registered during that time , there are open enrollment periods where you can still sign up . The next one is Jan 1 to Mar 31 , 2014 .


Input: Is Life Insurance FDIC Insured?

Output: Life insurance policies are not FDIC insured . However , life insurance companies are highly regulated at the state level . Life and health insurance guarantee associations were created to protect policyholders and beneficiaries in the event the issuing company goes out of business.All 50 states , DC and Puerto Rico have life and health guarantee associations . For more information go to www.nolhga.com for more information on how it works .


Input: Is Life Insurance FDIC Insured?

Output: Life insurance is not FDIC insured . And although each state supports aguaranteed fund , licensed agents are prohibited from alluding to it in any way as a sales inducement and/or comparing theguaranteedfund to the FDIC .


Input: Will Medicare Pay For A Knee Walker?

Output: Medicare Part B covers medically necessary DME -LRB- durable medical equipment -RRB- which would include things like wheelchairs and walkers . Your doctor will need to prescribe the walker and complete a CMN -LRB- certificate of medical need -RRB- and submit to Medicare . To minimize your out of pocket costs , use a Medicare approved provider that accepts assignment .


Input: What Happens If A Life Insurance Beneficiary Is Dead?

Output: If the primary beneficiary dies prior to the insured a few different things can happen . First , when the primary beneficiary dies , the next in line or contingent beneficiary would be next to pay . If a third or tertiary beneficiary was named , then they would be next in line for death benefit proceeds if both primary and contingent beneficiaries die prior to the insured . If there is no contingent beneficiaries listed after the primary and the insured dies , then the death proceeds would be left to the estate . This is not the ideal situation because it can cause the proceeds to be taxed with the estate that are normally tax free . It also ties up the death proceeds up in probate court instead of paying directly to the beneficiary tax free .


Input: What Happens If A Life Insurance Beneficiary Is Dead?

Output: If a life insurance beneficiary is dead , and the policy owner/insured person has already passed away , the proceeds from the policy would go to the estate of the insured . There , they would be split up according to the dictates of the will , or if no will exists , distributed to family members in percentages determined by state law .


Input: What Eye Care Does Medicare Cover?

Output: Medicare does not cover periodic eye exams for vision testing and does not cover eyeglasses , in most cases . Medicare will pay for one pair of eyeglasses following cataract surgery in which an introcular lens was implanted . Medicare will also pay for treatment or surgery by a medical doctor for eye disease .


Input: Will Medicare Pay For Oxygen In A Nursing Home?

Output: Most nursing homes will have oxygen therapy available and there is rarely -LRB- if ever -RRB- a need for the patient to arrange for their own personal oxygen supplies . If you are in need of oxygen assistance and your doctor has issued a prescription , the nursing home will make arrangements and bill Medicare .


Input: Can I Cash In My Globe Life Insurance Policy?

Output: If you have a Globe Whole Life insurance policy that has accumulated cash value beyond any surrender charges or outstanding loans , you will most likely be able to cash it in . Call Globe Life and Accident Insurance Company at 972-540-6542 with your policy number to talk to a representative and see if you are able to cash in your Globe Life insurance policy .


Input: How Much Is Renters Insurance With State Farm?

Output: In California , the basic policy will cost about $ 150 annually . That will satisfy most apartment complex requirements . If you have a lot of personal property to insure or want high liability limits it could cost up to $ 400 . Renters Insurance is pretty inexpensive , wherever you go , because it protects your personal property but not the building structure .


Input: How Much Is Renters Insurance With State Farm?

Output: Asking how much renters insurance is with State Farm is like asking how much is a TV at Best Buy ? What size , what model and so on . How much renters insurance premiums are depend on how much personal property coverage , personal liability limits and medical not to mention your past insurance history and location which all play into the rates of renters insurance . This would be true of all insurance companies .


Input: How Much Will Renters Insurance Cover?

Output: An insurance policy covers up to the limits . If the policy provides for $ 100,000 of personal property coverage that merely establishes the maximum amount that the company will pay . If the loss is less they will adjust the claim based upon the value of the property lost . If the policy has replacement cost coverage the adjustment will be based upon the amount necessary to replace the damaged items . In the event of a law suit , the limit of the policy is the maximum amount that the company will pay to defend you and pay any judgment against you for bodily injury or property damage .


Input: How To Get On Disability Insurance?

Output: The biggest recommendation is to interview independent agents who have access to the inventory of recognized disability companies who design their product line for consumer competitiveness . Once you secure your agent and the disability insurance company of choice , get at least one policy to protect your paycheck and another to protect your retirement contributions .


Input: How To Get On Disability Insurance?

Output: To get on a Disability Insurance policy that you purchase yourself , you apply for the policy with a Life Insurance agency . You will be be asked your personal information , your health information , your income and the type of job you have . The agent will be able to find your lowest price based on that , then will fill out your application with you . After it is submitted to the insurance company , you will be asked to do a paramed exam in your home and the insurance company may order your medical records . Once this is completed , you will hopefully be approved , and you will be told the final rate at which you were approved . The policy will be issued and you accept it by paying the first premium . You will receive a copy of your policy for your records .


Input: Can A Health Insurance Company Deny Me Coverage?

Output: Under the affordable care act , a health insurance company can not deny you coverage for any pre-existing medical condition or other related illness . Please note , you can only apply for a health insurance plan during the annual enrollment period unless you have a qualifying event -LRB- e.g. getting married , having a baby , coming off of group coverage , etc. -RRB- for a special enrollment period . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Can A Health Insurance Company Deny Me Coverage?

Output: That is a great question ! There are extremely few reasons why a health insurer could deny you coverage , and the best one would be a poor payment history with them on your part . Health insurers can not deny you coverage for any health condition that you may have , that unfortunate practice was banned by President Obama 's Affordable Care Act legislation -LRB- Obamacare -RRB- . I hope that helps - thanks for asking !


Input: Can You Decline Medicare Part A?

Output: Can you decline Medicare Part A ? Actually , Medicare Part A does not cost you anything and the enrollment process is free with no fees or charges . If you or your spouse have not worked , it is possible that you will not be eligible to receive free benefits and you may have to pay for coverage . Theoretically , in that case , you could elect not to take coverage since it is not a requirement that you accept it .


Input: Is My Spouse Covered On My Auto Insurance?

Output: Your spouse is covered by your auto policy . This would be true even if they are not specificallynamed . Be sure to check with your Insurance Professional about the laws in your state and the specific terms and conditions of your car insurance policy . In mostcases with standard issue contracts , you your spouse , resident children and resident relatives are all covered . Everyone will have to be listed as drivers , of course .


Input: Is My Spouse Covered On My Auto Insurance?

Output: Your spouse unless specifically excluded will be covered under your auto insurance policy . However you are required to report your spouse as an operator . The insurance provider would ask you this question when filling out an application . Especially if you state you are married . If you claim your spouse has no licenses and does not drive and then turns out she is driving you may have a problem . There is no allowance for hiding household operators .


Input: Is My Spouse Covered On My Auto Insurance?

Output: In most states , by policy contract definition , a spouse is automatically a named insured even if the name does not appear on the policy declarations page . So yes your spouse is covered on your auto insurance . You can verify this by speaking with your insurance professional , and while you 're at it , take the opportunity to review all policies vs. your needs .


Input: Is My Spouse Covered On My Auto Insurance?

Output: Yes In some states a spouse is automatically a named insured even if they are not listed on the policy declarations page . It 's always a good idea to add your spouse to the policy -LRB- a named driver -RRB- any way just to be on the safe side . Anyone in the household who had a license must be added to the policy as a driver or a non driver -LRB- excluded driver -RRB- .


Input: Which Auto Insurance Is Cheaper Than Geico?

Output: `` Cheaper '' in premium or `` cheaper '' in service provided and claims paid ? No one insurance company will always be the `` cheapest '' in premium . If you are looking for the cheapest premium , you best plan on shopping and switching monthly because competitive pricing/positioning is ALWAYS changing . However if you value appropriate coverage for your station in life , do your research on reputable companies , find an insurance professional you trust and stick with him or her . It will average out in the long term . You potentially do yourself a financial disservice at claim time if you elect to go with the cheapest .


Input: What Is The Difference Between Medigap And Supplemental Insurance?

Output: They are the same thing - Medigap insurance is simply another name for Medicare supplement insurance . There 's no difference between them . I hope the information is helpful - please feel free to contact me for help , including Medigap quotes and plan comparisons , and if you have any questions . Thanks very much .


Input: What Is Good About Variable Annuities?

Output: Product suitability is extremely important in selecting an investment , variable annuities are no exception . To determine if variable annuities are suitable , you need to establish a personal financial profile that includes your risk assessment , your effective tax bracket and your life expectancy . Generally , mid to long term investors with high effective tax brackets should consider tax deferred variable annuities . Keep in mind that the benefits of variable annuities come at a cost like all investments . So do the benefits outweigh the cost of tax deferred variable annuity ? There are so many tax deferred variable annuities to choose from and the selection process can be daunting .


Input: I Was Fired When Does My Health Insurance Stop?

Output: It depends . In some cases your coverage stops the last day you were actively at work . In other cases , coverage continues to the end of the month or it may continue through the end of the following month . In most cases you will be eligible for COBRA and continue for up to 18 months .


Input: I Was Fired When Does My Health Insurance Stop?

Output: When your employment ends , the employer will tell you when your coverage ends . That varies from employer to employer . Then , depending on your situation you will either move into a new employer 's plan of purchase a plan of your own . With the new legislation , Obamacare / Affordable Care Act which makes health insurance mandatory , you will need to make decisions pretty quickly . If you are moving immediately to another employer , you may obtain new coverage there , but if you are not moving directly into an employer sponsored plan you will buy an individual/family plan directly from an insurance carrier . My state , Florida , participates in Obamacare / Affordabe Care Act and your loss of coverage is a `` qualifying event '' for you to apply for an individual policy . You have a 60 day window to get coverage or there will be a tax penalty for you next year .


Input: Is Prolia Covered By Medicare Part B?

Output: Prolia is an FDA approved medication for the treatment of osteoporosis , bone loss due to metastasis and multiple myeloma . In some cases this drug is prescribed when Fosamax , Actonel , Bonica and Reclast have produced side effects or were not effective . Prolia is administered in a doctor 's office or clinic and is covered under Medicare Part B.


Input: Can You Buy Health Insurance With A Preexisting Condition?

Output: Can you buy health insurance with a pre-existing condition ? In 2014 yes as it wo n't matter anymore . For now , you will have to refer to your state laws pertaining to pre - existing . In my state there are so many varialbles that automatically eliminate pre existing condition clauses that it is hard to give specific advice as it will depend on your state rules .


Input: Who Can Buy Disability Insurance?

Output: In order to buy Disability Insurance , the applicant must have an income , and must be eligible for coverage due to having risk than the company is willing to take on . If the applicant is in an extremely dangerous job , has poor health , has had problems with addiction , or other risks , the policy could be declined or have amendments to limit coverage . There are also policies designed for high risk individuals with graded benefits .


Input: How Safe Are Fixed Annuities?

Output: Tax deferred , fixed annuities are based on the contractual claims in the annuity policy . The contractual claims in the annuity policy are as good as the financial strength and claims paying of the annuity company that issued the policy . Generally , fixed interest rate annuities guarantee a rate for a period of time like 5 , 7 or 10 years . The annuity insurance companys portfolio is generally dominated by government bonds .


Input: How Safe Are Fixed Annuities?

Output: Fixed Annuities are one of the safest long term retirement savings vehicle available . They have a guaranteed interest rate and the ability to provide a lifetime income when you retire . While you will not experience the gains of riskier investments , you will also not have the risk of loss that you can incur in other investments .


Input: How To Set Up A Trust For Life Insurance Policy?

Output: To set up a trust for a life insurance policy , you should consult both a life insurance professional and an estate planning attorney or CPA . An irrevocable life insurance trust -LRB- ILIT -RRB- must be set up properly in order to avoid estate taxes , and if it is not set up properly , it is very difficult or impossible to change .


Input: When Did Variable Annuities Start?

Output: In 1952 TIAA-CREF -LRB- Teachers Insurance and Annuity Association College Retirement Equities Fund -RRB- manufactured the first variable annuity policy , oddly enough it was for qualified plan funding . Since it 's inception in the fifties , variable annuities , both qualified and non-qualified , have attracted billions of dollars from investors who seek its tax deferral feature and market access that variable annuities provide .


Input: Does Health Insurance Cover A Breast Pump?

Output: Breast pumps are usually over the counter items and are not medically necessary therefore most health insurance will not cover them . Unless there is sound medical reason for any type of device or medical equipment , then health insurance will not cover them If you feel your case is unusual then have your doctor contact your company for approval .


Input: Can Someone Buy Life Insurance For Someone Else?

Output: The operative word in this question is for . You can be the payer for life insurance on someone else . How benevolent of you . But if you meant on instead of for then the answer is only if you can prove insurable interest between yourself and the proposed policy insured . What financial loss or exposure is there between the two parties ?


Input: Can Someone Buy Life Insurance For Someone Else?

Output: In order to buy life insurance for someone else , the person being insured must give consent to the policy , sign the application , and cooperate with underwriting requirements -LRB- be that a phone interview , exam , or whatever is asked -RRB- . It is not possible to purchase a policy for someone else without their knowing it .


Input: Can I Sell My Life Insurance Policy?

Output: Selling a life insurance policy , sometimes called a `` life settlement '' is possible under certain circumstances . In most cases in must be a relatively large death benefit and the insured 's health must have changed considerably . In addition , and most importantly it must be in the best interests of the insured . Although this market has shrunk in the last few years , it does still exist .


Input: Does Medicare Cover Hospital Acquired Infections?

Output: Infections acquired during a hospital stay are a growing problem . Due to the sterile environment , only the strongest `` bugs '' -LRB- viruses and bacteria -RRB- can survive . Hospital infections are considered just like any other illness and will be covered by Medicare . With that in mind , hospitals may not bill Medicare if they readily admit their liability .


Input: Does Car Insurance Cost More In Indiana?

Output: That would depend on which state you 're comparing it to . but overall , Indiana is on the lower end as far as auto insurance premium . There are companies who track state averages . In the most recent 2014 rankings that includes 50 states + D.C. , Indiana ranked 12th for the least expensive state .


Input: Is Homeowners Insurance The Same As Title Insurance?

Output: Homeowners Insurance and Title Insurance are not the same . Title insurance is insurance to make sure the title of the home is clean . For example you are purchasing a home from Mr. Doe . The title company is to make sure all information is accurate such as who is the seller , boundaries are correct and so on . If you purchased the home from Mr. Doe and you find out later there also was a MS. Doe who says I never gave permission to sell the home now there is a problem and title insurance would step in to cover this situation . Homeowners insurance is what you purchase to cover your actual dwelling and property , liability etc. . . for a potential loss .


Input: Does Homeowners Insurance Cover A Dry Well?

Output: No , it will not unless it has run dry due to an accident of some sort . Then it may be covered . Please read your policy completely to know what coverage is provided and what exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Is There A Surrender Period In An Immediate Annuity?

Output: An Immediate Annuity generally speaking does not have a surrender period . In fact , if you set up an Immediate Annuity , you are giving your monies to the insurance company in exchange for a guaranteed payout depending on how you set this up . There is a company however that after 3 years will allow you to surrender or take a partial withdrawal of the funds remaining . IF you would like more information , do not hesitate to contact me .


Input: Does Renters Insurance Cover Dogs?

Output: Each carrier has specific guidelines . There are some carriers that have animal liability excluded on your policy . I would contact your carrier or a local agent and they can discuss what each carrier that they have available and the coverage 's they offer . Some carriers will also cover damaged caused by the animal but not if the dog bites someone . Read through your policy and see if you see in the exclusion portion if that is covered .


Input: Does Home Insurance Cover Tsunami?

Output: Many insurance companies refuse to write a homeowners policy on a home that is near the ocean . The policy normally excludes loss which results from flood , surface water , waves , tidal water , overflow of a body of water or spray , whether driven by wind or not . It is not the intent of most companies to cover damage arising from a Tsunami .