Input: When Will I Receive My Medicare Card?

Output: You will receive your Medicare Card in the mail about three months before your 65th birthday . If you are receiving Social Security or Railroad Retirement benefits at that time , you will automatically be enrolled for both Part A and Part B Medicare . The Part B premium will begin to be deducted from your Social Security check the month that you turn 65 . You can turn down Part B if you wish , but should not do so unless you are receiving health insurance from your employer .


Input: Can I Purchase Long Term Care Insurance For My Parents?

Output: You can purchase Long Term Care Insurance for your parents if they qualify health-wise , and consent to filling out the application and undergoing the exam . If they do qualify for the Long Term Care coverage , it is OK for a family member to assist with making policy premium payments .


Input: What Is The Cash Value Of A Life Insurance Policy?

Output: The cash value of a life insurance policy is the savings amount in a Whole or Universal Life policy . If you were to use your policy as collateral , or borrow from it , or surrender it , the cash value would show you how many funds you have available , minus surrender charges .


Input: How To Figure Out Home Insurance Cost?

Output: The cost of your home insurance is based on many factors including , where you live -LRB- of course -RRB- , your claims history , the amount of coverage on the dwelling and personal property , the deductible , the types of riders you have -LRB- if any -RRB- , how far you are from a firehydrantand the responding fire department . Phew ! That 's a lot of factors ... and there are more . Let an experienced broker handle it for you so you get the best rate .


Input: How Much Is Home Insurance Usually?

Output: There are many factors that affect the policy premium pricing . Therefore , more questions than answers ... initially ... First of all , what State are we talking about , since rates vary greatly from State to State , not to mention significant regional variations within a State ? For one example , think of a coastal location exposure to wind vs. a dwelling located inland and not generally exposed to the same potential perils . Which one is going to present the highest chance of risk for wind damage losses ? This will definitely affect the premium . Additionally , one insurance company 's rates can vary greatly from those of another . Also , a few of the many other questions : What is the amount of intended insurance needed on the dwelling ? How old is the home ? What type of construction ? What type of fire protection and proximity to the dwelling ? What other types of protection devices and method of monitoring ? Any dangerous animal breeds ? Swimming pool ? You really need to talk to an agent about rates in your location . Ask for quotes from the strongest carriers . Ask particularly about their financial strengths and claims paying histories . Try to get carriers with A.M Best ratings of A or better , if at all possible . Additionally , many State Insurance Departments have consumer information for the public , relating to homeowner polices . Do some of your own ` on-line ' research , if possible . You can also ask other homeowners in your area about their carriers ' pricing and experiences with claims .


Input: Why Do People Need Car Insurance?

Output: Many states require auto insurance in order to register a car . A car is a lethal piece of equipment . It can hurt people and destroy property . It can be damaged and suffer loss itself . People need auto insurance because they normally can not afford to cover the huge losses that they can create with a car . An insurance policy spreads the risk of operating a car over a large group of people . The insurance company tries to make the costs as equitable as possible . The result is that when someone is injured in an accident there should be some money available to pay the medical bills , repair the broken vehicles and provide interim transportation .


Input: Why Do People Need Car Insurance?

Output: -- > Normal 0 I can suggest of a number of reasons . First , if I own a car and while it is being used it hurts someone or damages their property , I feel one has a moral obligation to reimburse them for their injuries or damage . Moral obligations would seem to be one of the cornerstones of any society . Since most people dont have a pile of cash hanging around to reimburse people who they hurt , auto insurance is a convenient efficient mechanism that helps people do that . For a relatively small amount of money , an insurance company will agree to reimburse someone should my car injure them . Depending on my moral compass , that limit could be anywhere from a few thousand to several hundred thousand dollars . Of course , I also might realize when driving my car someone could hurt me or passengers in my car . So , I might like to have the same kind of agreement with the insurance company , pay me if someone hurts me and doesnt have any insurance or not enough to make me whole again . Then of course , if I run into someone or something with my car and damage it , it would be nice not to have to come up with a large sum of money to fix or replace it . So it makes sense to include that in the deal I make with the insurance company . Most states have enacted laws , which say if you want to drive your car on our highways , you have to agree to be responsible for any damage you cause . To back up that promise , you have to prove you are financially able to do that . You can either put up a substantial sum of money in the form of a bond or an insurance company will do that for you for a price . In a nutshell , these are the basic reasons to consider buying insurance . And if you want to consider the alternatives , walking , driving a car only around your own yard or coming up with a large sum of cash , I think you will find insurance a very attractive alternative .


Input: What Are Group Annuities?

Output: Group annuities are pension plans that provide annuities for all eligible employees that they can benefit from at their retirement . The employees ' annuities are issued as one contract , and the single contract is issued to the employer . Employees receive certificates that indicate that they are owners of their annuities .


Input: Why Choose Medigap Or Medicare Advantage?

Output: It depends on your needs , budget , and preferences . I would recommend consulting with an independent Medigap broker who can work with you on a personal level and help you evaluate your options . If you want to create a very well-controlled , predictable healthcare expense structure where you do n't have to worry about receiving massive medical bills , you may want to consider buying a Medigap plan -LRB- most likely a Medigap Plan F or Plan G -RRB- . The premiums for Medigap plans are typically a little higher than a Medicare Advantage plan , but they feature much broader coverage . Medigap plans are guaranteed renewable and are standardized -LRB- meaning a given Medigap plan features the same benefits regardless of the carrier you have it through - a plan F from company ABC is the same plan F from company XYZ -RRB- . They also have no networks , meaning you can go to any doctor you want that accepts Medicare -LRB- the vast majority do these days and you can check to see if a doctor in your area does using a physician finder tool on Medicare 's website , Medicare.gov -RRB- . As far as services go , if your doctor accepts Medicare , then they have to accept your Medigap plan as well . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Can Life Insurance Be Denied?

Output: There are a variety of reasons why life insurance would be denied to a potential insured applying for coverage : Medical issues , no financial justification , the recreational activities are too dangerous , there is no insurable interest , the travel destination during the next two years is too dangerous , the driving record is too egregious , drug abuse , vocation hazard , etc. . There are reasons that a death claim would be denied like fraud or suicide in the first two years .


Input: Can Life Insurance Be Denied?

Output: Life insurance claims can be denied but it is very rare for a life insurance company to not pay the death benefit proceeds if the life insured has died and proof of death has been submitted . If death was by suicide or a material misrepresentation in the first two policy years of the policy , the claim will be investigated . If a life insurance company does not pay a death claim in these situations at the conclusion of their investigation , they would return premiums paid with interest . For a life insurance claim to be denied , after an investigation , the insurance company would have to contest it within the first two policy years on the basis of a material misrepresentation made during the application process or the insured would have to have committed suicide within the first two policy years . An insurance company may not normally contest a claim after the first two years of a policy except in very limited circumstances of fraud .


Input: Can Life Insurance Be Denied?

Output: If you are speaking of applying for life insurance , yes , life insurance can be denied for poor health or other risk factors . Each policy has it 's own criteria , including ages and states for which that product is offered . It is important to cover all the questions on the application with your agent , or have them reviewed by your agent , to be sure that you are applying for a policy for which you qualify . Many denied or declined policies are unnecessary if the proper steps had been taken beforehand . If you are asking whether a life insurance benefit can be denied , see Jerry 's answer .


Input: Why Buy Medicare Supplement Insurance?

Output: Medicare is not designed to cover all your medical expenses . On average , Medicare pays about 80 % of inpatient and outpatient medical charges . Medicare Part A and B have deductibles and coinsurance that never stops . There is no upper limit to how much you can pay out of pocket during a year . Even if you have `` deep pockets '' it is a good idea to have a supplement plan .


Input: When Should You Buy Annuities?

Output: Like all product considerations , non-qualified tax deferred annuities need to fit the individual saver or investor product suitability profile . Long term savers or investors that have high tax brackets should consider non-qualified tax deferred annuities . There are basically three crediting methods used in deferred annuities : interest rate crediting , indice crediting and separate sub account crediting . Interest rates are generated by the companys predominately government bond portfolio . Most indexed annuities invest their interest rate returns in domestic and foreign index options . Some indexed annuities that credit zero in a given year , still charge policy expenses and which could result in a loss . Variable annuities use equity and bond instruments in their separate sub accounts selected by the variable annuity owner . These separate sub account allocations are subject to market risk , i.e. you can lose money .


Input: What Is The Average Monthly Premium For Long Term Care Insurance?

Output: It depends on how good your health history and current medical condition is as well as your gender , age and smoking status . If youre applying with a spouse , you can also receive a discount . Heres an example of a 60 year old nonsmoking couple in good health purchasing a long term care policy with an inflation rider in the state of Arizona , i.e. $ 300 a month .


Input: Will People Be Penalized For Not Having Health Insurance?

Output: The penalty will be passed through your income taxes . When you file your taxes the penalty will be added to the amount you owe or deducted from your refund . Unless you do not file taxes you will be unable to avoid the penalty unless the law gets changed .


Input: What Is The Difference Between Term And Non Term Life Insurance?

Output: That is a great question , and one of the most common ones I get ! There are two types of life insurance , term and whole life -LRB- non-term -RRB- . The term policies are very cheap , because they are bare bones policies with no frills , and are seldom paid out . The only way to collect on this type of policy is to pass away during the specified term period . This period is generally stated in a number of years , 5 , 10 , or 20 for example ; but some companies like AARP , or AAA will market term policies that end when the insured turns 80 , so the end date is set , not necessarily the number of years until that point . In any event , the term policy ends at that point , and it is as if it never existed . You may be able to renew it yearly , but the price increases dramatically -LRB- yes , I mean dramatically -RRB- each time . A whole life policy will last as long as you do , and generally the price never increases . It will be more expensive , but your payout is guaranteed , as long as the policy remains in force , and it will have a cash value feature that is great if you ever get into a bind , and need some quick no hassle loans . That is a quick explanation , I hope it helped . Thanks for asking !


Input: What Is The Difference Between Term And Non Term Life Insurance?

Output: Non-term insurance is permanent insurance . Permanent insurance accumulates more money than is necessary in the early years of the policy to provide a level death benefit at a level premium . A term policy computes the actual mortality losses each year . If you want a ten year term policy they basically add the costs together , divide it by ten and that is the premium . That principle holds true until the term policy does not renew any longer . If you die during the term of a term policy that is a good deal , if you dont , it was just an expense and you dont have coverage any longer .


Input: What Is The Difference Between Term And Non Term Life Insurance?

Output: Term Life Insurance is coverage that will pay out if you die before the end of the term . E.g. Let 's say you have 10 year term life insurance and let it go when the term ends , because you do not want to pay the higher premium that begins at year 11 . If you die midway through year 11 , the policy will not pay a death benefit . In contrast to that , Non Term Life Insurance will pay out for as long as it is set up to pay out . Most people select a non term policy that will last their entire lifetime . There are other differences between Term and Non Term -LRB- usually called Permanent -RRB- Life Insurance . Permanent Life Insurance can have cash values , whereas Term Life Insurance almost never has cash values . You can design Permanent Life Insurance to be paid up in a certain number of years , so that you do n't have to bother with paying premiums later in life . Term Life does not have that option . Some Permanent policies are more flexible than Term . As you might expect , the cost of Term Insurance is usually less than is the cost of Non Term Insurance . It can be helpful to discuss your needs with an experienced agent so that you can balance cost with getting the best type of coverage for your needs .


Input: Is Term Life Insurance An Asset?

Output: Term life insurance is not considered an asset on income tax or when applying for Medicaid or financial aid . The only life insurance that is usually considered an asset is the cash value of permanent insurance , and then the face amount of the Whole or Universal Life is not the asset , but the cash value only .


Input: Is Term Life Insurance An Asset?

Output: In the strictest sense of the word , term insurance would not qualify as an asset . It is similar to auto insurance in that it only pays in the event of a loss . Assets tend to have a cash value and can be sold . Term Insurance cant be `` sold '' in the traditional sense .


Input: Is Term Life Insurance An Asset?

Output: No , Term life insurance is not considered an asset because it does not have any cash value . The only time that Term life insurance results in cash paid out to anyone is if the insured person passes , and then the death benefit generally goes to the beneficiary tax free .


Input: Is Term Life Insurance An Asset?

Output: I have never seen anything that acknowledges term coverage as an asset . Term insurance is considered temporary coverage , does not have a cash value and I have never seen it listed as an asset on any financial forms . Usually on financial forms the entity asking asks about cash value insurance balances only .


Input: Is Term Life Insurance An Asset?

Output: Term life insurance is not an asset in and of itself . But term life insurance could beconstruedas personal property . Term life insurance policy may be convertibleto apermanentcash value policy , which could be sold to athirdparty as a life insurance settlement asset . On that basis that personal property can be sold to athirdparty , it is generally defined as an asset . Keep in mind that there are state and/or insurance companyregulationson these transactions which may prohibit the sale .


Input: Is Term Life Insurance An Asset?

Output: Term life insurance is personal property . Term life insurance that has an active clause of convertibility that can be exercised may have asset value for the life settlement market . Policy owners may sell their policies for cash to a third party , depending on their state regulations and the issuing life insurance company .


Input: Who Provides Long Term Care Insurance?

Output: The players in long term care Genworth , John Hancock , LifeSecure , Mutual of Omaha , MedAmerica , Transamerica , Niche carriers are : Equitable -LRB- STC -RRB- , Aetna -LRB- STC -RRB- and Lincoln -LRB- Linked Benefit -RRB- . Long Term Care Insurance is only as reliable as the company behind the contract . Given that there are very few long term care companies remaining in the market , those that are left are reliable .


Input: Does Medigap Plan F Cover Drugs?

Output: No . If you want prescription drug coverage , you would need to supplement your Medigap plan F with a Part D prescription drug plan . 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 other questions . Thanks very much .


Input: Is Health Insurance Needed?

Output: The idea of insurance is to protect yourself in the event of a catastrophic financial event by shifting the risk to a third party -LRB- the insurance company -RRB- . Therefore , your only financial responsibility is to pay for a monthly premium and any applicable deductibles , coinsurance , and copayments stated under your policy . In the case of health insurance , a common catastrophic event is a surgical procedure.For example , if you broke your leg and and the procedure to repair the fracture cost $ 100,000 , you would be responsible for the entire bill if you do n't have any health insurance and most people can not afford to write that check . After the procedure , you may need the aid of equipment to assist you -LRB- e.g. crutches -RRB- , some physical therapy , or medications - these expenses can add up fast too . Maternity care is a big one as well - the birth of a pre-mature baby can cost over $ 1,000,000 in expenses for his/her care and development . Maternity care is one of the essential health benefits covered under every individual health plan in marketplace . I recommend consulting with an insurance agent/broker regarding your health insurance coverage . Brokers can work with you on a personal level , help you evaluate your specific needs , and determine which health plan and from which carrier will best serve those needs . 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: What Companies Offer Disability Insurance?

Output: There are many reputable companies that offer long term care insurance . Some of the more well-known companies are Mass Mutual , Hartford , Berkshire , Principal and Guardian . But most importantly ... who gives you the best rates and information ? A full-time experienced broker as opposed to anyone else that is simply advising you . There are many reputable brokers in your area that would be your best resource for information .


Input: What Companies Offer Disability Insurance?

Output: As you can see from the above answers there are many insurance companies that offer income disability insurance . Aflac is one that was n't mentioned above . Most insurance companies that offer life insurance also offer income disability insurance . So as Kelly said a good idea is to work with an Insurance Adviser who is also a Broker and can `` shop '' a number of companies to find the best rates for the coverage that you want .


Input: What Companies Offer Disability Insurance?

Output: There are many , many companies that offer disability insurance . Just to name a few ... Standard Insurance , Principal Financial Group , Mutual of Omaha , Lloyds of London , Ameritas , Assurity , and Mass Mutual . If possible , purchase disability insurance through an agent who uses a wholesale distributor . That way , your agent can provide you with quotes from multiple companies , rather than just one .


Input: Does A Trampoline Raise Your Homeowners Insurance?

Output: It is possible , depending on your carrier . However , items like trampolines , swimming pools , swing sets etc , even if they do n't raise your homeowners insurance rate , certainly raise your liability exposure . For that reason , it is important to review the amount of liability protection your policy provides . Do you have enough if someopne got hurt and you were sued ? Be sure to have thecoverage that you need by increasing the liability coverage in your Homeowners policy and look into buying extra coverage in a Personal Umbrella Liability Policy . These begin coverage at $ 1,000,000 and can be increased as needed .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: Can you have life insurance on an ex-spouse ? Yes , there are two ways to have life insurance on a ex-spouse . Actually three . The first and simplest , is to have it in place before divorcing and be the policy owner . As Policy owner you control the policy . The second is have the EX agree to be covered and go through the process . Finally have the courts require the EX obtain life insurance . This third way is often over looked in divorce which is a shame because in support situations it makes perfect sense .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: Yes , you can have life insurance on an ex-spouse if they will agree to sign the application and submit to any underwriting requirements needed to apply for it , and if you still have an insurable interest in your ex-spouse 's life . I.e. Does your ex-spouse pay child support or alimony ? If he/she passed away , would you or your children suffer financially ? If the answer is yes , sometimes the court will help you go about obtaining a policy in the divorce settlement .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: If the divorce decree calls for life insurance coverage , then the attorney has more than likely established insurable interest . But if no directive exists and there is no financial or insurable interest between the two parties the answer is no . And keep in mind that without the signature of the ex-spouse , you cant move forward with the life insurance application .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: Life insurance companies look for insurable interest before issuing a policy . In other words you would be suffering an economic loss . If you the insurance was placed in force while you were married and you are asking can you keep the policy in force the answer is yes . If you are asking can you place a new policy on the life of your ex-spouse the answer is yes IF there is insurable interest and with their permission . Sometimes insurance is required in a divorce settlement so it is quite common . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: You can have life insurance on an ex-spouse as long as it is considered an `` insurable interest . '' What that means is you have a familial relationship with said person . You should check with the insurance company -LRB- or your agent -RRB- to make sure the company agrees that you have an insurable interest . Also , the ex - spouse must acknowledge the policy by signing the policy application .


Input: Can You Have Life Insurance On An Ex-Spouse?

Output: Yes , if you have some insurable interest , such as getting payments from that person . If that is the case , then there is absolutely no reason not to get such a policy for your own protection , if the court order could be read or interpreted to extend such payments past death -LRB- which is very rare -RRB- . However , you also must inform the ex that you are getting such a policy . Thank you . GARY LANE .


Input: Which Auto Insurance Company Does Not Check Credit?

Output: The requirement for a credit check is a feature of plans written in particular states . Some states , such as California , do not have that requirement . Insurance actuaries have mountains of statistics and have found some items to be significant in predicting claims . That is why some states have a credit check . Apparently , bad credit indicates a tendency to have claims .


Input: Which Auto Insurance Company Does Not Check Credit?

Output: I can only speak for the company 's that I have had personal dealings with , but I believe almost every company uses credit score as part of its rating equation . The credit check that an insurance company does is different from what a financial institution does.The check that the insurance companies perform is called a softcheck which should not affect your scoring with financial institutions to the best of my understanding . Laws change from time to time at both state and federal level . If the credit check is of concern to you , call your local agent and express this and they can advise of the current implecations of an insurance credit check -LRB- softpull -RRB- .


Input: Can You Withdraw Money From A Term Life Insurance Policy?

Output: Normally , term life insurance policies do not have any cash value to withdraw or borrow against . There are some universal life insurance products that are sold like term insurance and may have a cash value in later years or through a return of premium rider . In such cases , it may be possible but only if there is a cash surrender value report in the annual statement .


Input: Can You Withdraw Money From A Term Life Insurance Policy?

Output: Life insurance companies offer a vast array of policies . There are a few term policies that have cash value . The amount of cash value developed in a short term policy would be quite low . The reason that these policies exist is to ease the shock that comes at the end of the term when the renewal for the policy spikes .


Input: Can You Withdraw Money From A Term Life Insurance Policy?

Output: No , term insurance does not have any cash value . I compare it to renting , the premium is pure cost . A whole Life policy cost more per month , but it builds equity in the form of cash value . Deducting the accumulated cash value from the total premiums paid helps show the true cost of whole life insurance , which will be much less than term after 20 or 30 years .


Input: Can You Withdraw Money From A Term Life Insurance Policy?

Output: That is a great question ! Unfortunately , there is no cash value in a term life policy . This type of insurance is designed to cover you for only a specific amount of time , and has no payout if that time comes and goes . That is why they are so cheap , as they frequently do not have to pay , unlike whole life policies , which will pay out for certain , one day . I sincerely hope that this was explained to you when you purchased your policy . Thanks for asking !


Input: Who Is The Cheapest Auto Insurance Alaska?

Output: Auto insurers price their products based on risk profiles that they like and can vary by geographic areas as precise as zip codes . For this reason , it 's not possible to declare on auto insurer as the cheapest in as broad a geographic territory as the entire state of Alaska . You should seek out the assistance of an agent licensed in Alaska who can compare various car insurance quotes for you .


Input: How Long Until A Life Insurance Policy Goes Into Effect?

Output: Life insurance goes into effect after the first premium has been paid and the delivery requirements have been signed . If you purchased a No Exam policy , the company may draft the first premium and the policy might go into effect very quickly , as soon as a day or two after applying . If you applied for a policy that required exam and medical records , it could take as long as 6 months for the process to be completed and the policy to go into effect .


Input: Does Health Insurance Pay For Car Accident Injuries?

Output: Your personal or group health insurance policy will pay for injuries from a car accident . Keep in mind that a deductible and coinsurance may be applied before benefits are paid . Another factor would be the coverage on your own car insurance -LRB- assuming you were insured -RRB- or the coverage on the other driver 's policy , assuming the accident was their fault . It 's possible that the primary insurer -LRB- the company that will pay benefits first -RRB- may be the car insurance company . An experienced broker can help you determine what is covered and how/when it will be paid .


Input: Which State Has Best Medicare Coverage?

Output: Medicare is a federal-government run program so the type of coverage available under Medicare Parts A & B -LRB- also known as Original Medicare -RRB- will be the same regardless of the state you live in . The calculation of premiums is the same everywhere as well - your income level can increase your Part B monthly premium though . Medicare supplements are also standardized , meaning the plan benefits are the same regardless of which company you purchase it from . The premiums for these programs can vary from company to company - where you live also has a significant impact on rate calculations .


Input: How Does Medicare And Medicaid Work?

Output: Medicare is a government entitlement program adminsered by the federal government . Medicaid is a State entitlement program adminstered by the State . In most cases Medicaid is secondary to Medicare . Medicaid is `` means tested '' where Medicare is age based at age 65 or `` disabled '' for 24 months and drawing social security in order to qualify for Medicare


Input: Does Car Insurance Cover You If You Are Drunk?

Output: Car insurance covers you if you are drunk . But after you get your DUI , your premiums are likely to substantially increase . Shortly after the DUI , you may receive a letter referencing an SR-22 bond which you may have to purchase . The solution ... You knew this was coming ... Do n't drink and drive !


Input: Does Car Insurance Cover You If You Are Drunk?

Output: Insurance follows the car . As long as the driver is either an insured or is operating the vehicle with insureds permission damages caused in a collision will be covered under the auto policy . As has been pointed out , the cost for having an accident while driving under the influence are substantial . Anticipate expenses of several thousand dollars and possible loss of driving privileges .


Input: How Much Will I Be Penalized For Not Having Health Insurance?

Output: Under the Affordable Care Act -LRB- aka Obama Care -RRB- , if you have exited the recent open enrollment period with out qualified health coverage you will face a penalty when you file taxes next April for the 2014 year . An individual will be penalized $ 95 or 1 % of the Adjusted Gross Income , whichever is greater . In ensuing years the penalty will increase to greater amounts .


Input: What Is A Retirement Savings Plan?

Output: Heres the big retirement recommendation , pay yourself first and pay it into a retirement plan . If your employer offers partial or full contribution match in their qualified plan , contribute up to the match . Take the tax savings from the contribution deduction and fund a non-qualified annuity . When youre young , you have time in invest in the market . But time cant be the ultimate determining factor . Your risk tolerance profile needs to be established for market investing like in mutual funds or ETFs . The best savings plan , not investment plan , is generally a product suitability item that needs to be profiled . The product suitability for participating whole life or current assumption universal life insurance , as an income source for retirement , is a long term saver with low to zero risk tolerance and no less than a fifteen year annual premium commitment . If designed to comply with TAMRA and maximum cash accumulation , these life insurance policies can deliver tax advantaged income as long as the policy is kept in force for the life of the insured .


Input: What Is A Retirement Savings Plan?

Output: Any program where money is being set aside for retirement would be a retirement savings program . These programs address a fundamental concern . In order to have adequate money in retirement you must shift current spending to capital which can be drawn down in retirement in the form of income . The statistics are alarming . Few properly prepare for retirement . The result is that many must retire on a greatly reduced income , continue working , or seek outside help to sustain themselves . The competition is between providing for current needs and wants and forwarding money into the future for spending in retirement . A retirement savings plan helps you do that . Retirement savings plans come in a wide assortment but can be grouped into plans where the employers match a percentage of the contributions made to the plan by an employee to those where the worker pays the entire amount saved . These plans can be divided into two groups , those which are funded with money after taxes and those which are either withdrawn from payroll or are deductible on a personal income tax return . These types of plans are taxed differently when a person retires so a person should carefully consider their options when opening a retirement savings plan .


Input: Does Auto Insurance Cover Tire Theft?

Output: If you have a policy that includes Comprehensive Physical damage loss coverage , then yes , theft is a covered peril . Remember that the loss settlement will be subject to your deductible so that will be a consideration when filing a claim . You will in most cases be asked to provide a copy of a police report in order to substantiate the claim .


Input: Does Auto Insurance Cover Tire Theft?

Output: That 's a great question ! A terrible thing to happen , and I sincerely hope that you are just asking . If your policy includes a comprehensive section , then you are covered . If your tire and rim cost more than your deductible , then you might want to file a claim , if they do n't , you are going to have to pay for it anyway , and it 's smarter to not file . good luck , and thanks for asking !


Input: What Is Medicare In America?

Output: Medicare in American is a federally administered health care system for those age 65 and older . Since its inception , persons who have received Social Security Disability benefits for 24 months , as well as those with ALS or ESRD -LRB- within parameters -RRB- , have been added to the ranks of those who can receive Medicare . You must have paid Medicare taxes for at least 10 years to receive this benefit .


Input: How Much Life Insurance Does My Husband Need?

Output: It will depend upon a variety of factors ; is he the primary breadwinner ? What impact will the loss of income have on the family ? What are some of the things his presence provides that money will have to provide when he is gone -LRB- a babysitter when you away who at this point you dont have to pay to watch the kids -RRB- . How will his final expenses be paid ? I would suggest you speak to an Insurance professional who can help you assess your current situation and determine how his absence will impact your family financially .


Input: How Much Life Insurance Does My Husband Need?

Output: How much life insurance does your husband need ? There is no simple answer since the `` correct '' amount would be based on his income , projected earnings , your budget and other assets and liabilities you have . A full-time financial planner or broker can review specific options with you and is clearly the best resource for accurate recommendations .


Input: Is New York Life A Good Company?

Output: New York Life Insurance Company was rated A + + in June , 2013 , by AM Best . That is the highest rating that AM Best gives and answers your question . That being said , you need to look at the features of every policy you buy to see if the guarantees are what you want .


Input: What Is A Life Insurance License?

Output: A life insurance license is what gives you the right to sell life insurance . Life insurance licenses are governed by state regulators . You must take educational courses and pass an exam to get your license . There are fees to pay and conduct codes to meet , then you must take continuing education to keep your license . If you want to sell life insurance in more than one state , you must get a license in each state .


Input: What Is A Life Insurance License?

Output: Most basically a life insurance license is a license to sell life insurance . But you can think of it as a certificate issued by the State that certifies that the holder of the license has studied the laws governing life insurance and the practices involved , and has passed rigorous tests to verify that the person knows those laws and the serious consequences of violating them . The life insurance license makes the person eligible to be appointed by life insurance companies to sell their fixed life insurance and annuity products . THen the licensed person has to learn all about the products the company offers before they can actually sell them .


Input: What Is A Life Insurance License?

Output: Each State has it 's own regulators to administer/govern Life Insurance licenses . A Life Insurance license is required to sell Life Insurance and you must license in each State you desire to sell Life Insurance.Passing an exam is required to receive a license.Fees and continuing education courses are required , and Codes of Conduct to comply and maintain a license .


Input: Why Do I Have To Have Medicare?

Output: You will receive Medicare Part A benefits automatically when you qualify . You will take this benefit when you qualify because it does n't cost anything . Medicare Part B is voluntary . You can tell Medicare that you would delay your Medicare Part B benefits . You can do this when you have creditable coverage through your employer or retirement plan . You will incur a penalty if you delay your benefits without creditable coverage then active them later .


Input: How Does A Term Life Insurance Work?

Output: Term life insurance is considered `` pure insurance '' that is normally offered without frills . The premise is simple . You pay a premium for a stated death benefit , say $ 250,000 . The premium is payable for a pre-determined period of time , such as 20 years . If you continue to pay your premiums , and if you die during the 20 year policy time frame , the policy pays . A typical 2 year suicide clause applies . Some carriers will `` trick out '' the policy with add-on riders such as return of premium , disability benefits , critical illness benefits , etc. . But the basic policy is `` If you die we pay if you do n't we do n't '' .


Input: How Does A Term Life Insurance Work?

Output: Term life insurance pays the face amount of the policy to the beneficiary , if the insured person dies during the years of the term . Many term life insurance policies have level premiums , which means that your premium will not go up during the years of the term . Many term life insurance policies also allow you to convert your term policy to permanent insurance if you convert it within a certain number of years . This means that you can change your temporary , term coverage to permanent whole or universal life that is rated the same as your term was rated , even if your health has declined . The premium for the permanent policy would be based on your age at the time of conversion . If the term policy is kept in effect past the term period , the premiums usually increase a lot and go up annually after that . Most people get a new term policy when their original term coverage ends .


Input: How To Calculate Optional Life Insurance?

Output: The way to calculate optional life insurance is to take the factor that fits your situation -LRB- e.g. female nonsmoker , age 50 -RRB- and multiply it times the number of units of life insurance you want . A unit is $ 1,000 of coverage . Sometimes the factor determines a monthly rate , sometimes it determines an annual rate . Let 's say your factor is for the monthly rate , and is $ 0.10 -LRB- ten cents per unit per month -RRB- . To buy $ 50,000 of optional life insurance , take $ 0.10 times 50 -LRB- the number of $ 1,000 units you are buying -RRB- . Your monthly premium for that $ 50,000 of life insurance is $ 5.00 . This will probably go up each year .


Input: Does Having Cancer Affect Car Insurance?

Output: Having cancer can impact your car insurance . From a health standpoint , if you are being treated -LRB- chemotherapy for example -RRB- , it could impair or impede your ability to drive , or place additional risk to yourself , your passengers , other cars on the road and pedestrians . In fairness , the vast majority of drivers with cancer do not impact their car insurance policy or rates .


Input: How To Itemize For Renters Insurance?

Output: In my opinion , the best way to itemize all of your belongings for a Renters Insurance policy is to either take pictures of all items of significant value , along with a note describing when you bought the item , where , and at what price , or video tape your belongings and narrate when you bought them , where , and at what price . Then put the pictures or video on a USB Flash Drive and have someone hold it for you , do n't store it on the property that is insured . A safe deposit box , your friend or family member , or even your insurance agent themselves -LRB- I provide this service for my customers at no charge -RRB- are all good examples of who can hold this for you . From that point on , you only need to document any new items of significant value that you purchase , and remove any items you trade away or sell . -LRB- Do n't worry about recording every six pack of tube socks you buy , just the items that carry some value to them -RRB- . Of course , you can also write all this down on paper , but having visual evidence goes a long way in helping to determine what items were present when the policy was put in force , and what new items have been added . And , it 's always best to review your coverage every year with your insurance agent to make sure you are carrying the right amount of personal property coverage .


Input: When Does Short Term Disability Insurance Kick In?

Output: Since there are lots of short term disability insurance plans on the market it really depends on the exact policy you have . If you can locate your policy go to the explanation of benefits page . Once you locate the page look for the elimination period . That is the waiting period which starts on the day you are medically diagnosed with the disability and unable to preform the duties of your occupation . Your benefits should start on that date .


Input: When Does Short Term Disability Insurance Kick In?

Output: It depends on your policy . Each policy is different . A disability policy has what is called an elimination period . This is similar to a deductible . The policy will start paying after a specified period of time . The longer the elimination period the lower the premium . Check your policy or have it reviewed by a good independent agent . If it is a group policy check with your employer benefits administrator .


Input: Does Home Insurance Cover Bee Removal?

Output: While you can always file a claim , the policy excludes coverage for property damages that come from birds , vermin , rodents , insects or domestic animals . I think your bees would not be considered an insured cost of loss . In some locations a swarm of bees is something that a bee keeper is looking for .


Input: Can You Be Too Old For Medicare?

Output: There is no age limit at which time one would be considered `` too old for Medicare . '' However , Medicare does pay primarily for medically necessary treatments , so there may be a time at which treatments you have received in the past are no longer considered necessary , and thus would not be covered by Medicare .


Input: Can You Be Too Old For Medicare?

Output: Nope!There is no age limit to how long you can receive Medicare benefits for . Medicare is available to anyone age 65 or older -LRB- also available to some with certaindisabilities or end-stage renal disease , conditions apply -RRB- . Your Part A is premium-free for most individuals , but your Part B requires a monthly premium . You can also add a Medicare supplement plan to cover the gaps in original Medicare -LRB- Parts A & B -RRB- .


Input: How Much Is Home Insurance In Oklahoma?

Output: This is a great question . Homeowners insurance rates are on the rise in Oklahoma due to all of the claims activity over the past several years . There are many factors to what generates your homeowner 's insurance premium . I hope this makes sense to you and answers your question . Here are some questions that you need to answer prior to receiving a quotation . Where do you live ? Is it a rural area with a volunteer fire department or do you live in a city with a full time fire department ? In the event of a fire , how long would the response time be for the fire fighters to get to your house ? Where is the closest fire hydrant ? What 's the replacement cost of your home ? Not the value of your home . How old is your house ? What is the construction type of your house ? Brick house ? Frame ? Do you have a crawl space or a slab ? Do you have carpeted floors , tile , other ? If your home is older than 20 years , when was your roof last replaced ? Has the wiring been updated ? Has the plumbing been updated ? Do you have an alarm system ? Do you have any pets ? Any children ? Who is living in the home ? Any fireplaces or wood burning stoves ? What deductible amount are you comfortable with ? What do you do for a living ? Do you have a home business ? These are just a few of many questions that your agent or future agent should ask you . Please let me know if I can answer any additional questions or help you out in any way . All the best , Josh DeBoer Fred Daniel & Sons , Inc. www.fdands.com 918-582-8206


Input: How Much Is Home Insurance In Oklahoma?

Output: The price of Homeowners coverage depends on the home age , value , and your credit score . Find an agent who asks a lot of questions on these points . At that point an application goes to markets and proposals come back . Proposals should be put in front of you for comparison and questions answered before you make the decision .


Input: How Much Is Home Insurance In Oklahoma?

Output: It would take pages , articles , and even books to answer this question completely . I would first suggest that having a good independent agent would be a start in the right direction . An independent agent represents several companies and after careful planning can suggest the right coverage , policy and company to meet your specific needs for your specific home ; permanent , mobile or module . The main thing is to have proper coverage that meets your needs in case of loss . Many times agents will cut back on some coverage to try to stay with a lower premium and this can be a terrible mistake in many types of losses . In Oklahoma we now have the problem of earthquake insurance that was not even thought of here in this state 40 years ago . A person must carefully go over the coverage of a policy to be sure they have needs covered . If the premium is more than the budget can stand then look at a larger deductible before coverage begins rather than have a low deductible and a large loss that is not covered .


Input: When Do I Need Homeowners Insurance?

Output: A lender will require that you provide insurance to cover their interest in your home . That is when you will be required to obtain insurance . Failure to provide that insurance allows the lender to place that coverage and charge the premium to you . However , you should purchase a homeowners policy anytime that you can not sustain the economic consequences of a lawsuit or loss of your home to fire or other specified peril .


Input: Can I Buy Health Insurance With A Pre-Existing Condition?

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 I Buy Health Insurance With A Pre-Existing Condition?

Output: You can buy health insurance with a pre-existing condition . And not only will the pre-existing condition be covered , but you will not be charged an extra premium . The Affordable Care Act mandates that insurers must provide coverage without increasing the rate for diabetes , heart disease , cancer or any other major or minor condition . There will be no waiting period and a federal subsidy can potentially pay some , most or all of your premium . So where do you get coverage ? Reputable experienced brokers and our websites are the best resource for information , comparing the lowest rates and quickly enrolling . We specialize in helping consumers find the best prices , determining federal subsidy eligibility and purchasing the best available policy . Each state will have different options and prices can vary . Open Enrollment is the best time to obtain coverage although plans can be purchased outside of Open Enrollment .


Input: Can I Buy Health Insurance With A Pre-Existing Condition?

Output: That is an excellent question ! One of the best things about the Affordable Care Act -LRB- Obamacare -RRB- is that it did away with the pre-existing condition exclusion that insurers were so fond of . It also did away with the caps that had been put on lifetime treatments for those conditions . That is one of the biggest reasons why politicians who were being bankrolled by insurance companies were so vocal in their opposition to the law . The insurers knew they were going to have to accept many more people , that otherwise they would n't have had to help . And contrary to their loudly bleated predictions , health care costs did not rise dramatically , in fact they have remained steady , and are at their lowest increases in many many years - down to low single digit increases verses 10-12 % annual increases before the bill passed . In some places the costs have actually fallen . Thanks for asking !


Input: Does Medicare Or Medicaid Pay For Nursing Home Care?

Output: Medicare will pay for a limited number of days of nursing home care if it has been ordered by a doctor after a qualifying hospital stay . Medicaid will pay for nursing home care on an unlimited basis if the patient 's resources have been depleted to a low enough level to qualify for Medicaid .


Input: Is Employer Provided Life Insurance Taxable?

Output: Yes , employer provided life insurance is taxable except that the first $ 50,000 of coverage is free of tax . Amounts provided above that amount are imputed as income based on a government rate table . Called Table I , the rate per 1000 of coverage varies by age and is included in your W-2 .


Input: How To Get The Best Auto Insurance Rate?

Output: Contacting a local independent agent can compare rates with many carriers for you and make sure that you assets are protected . When shopping online only the person on the other end may or may not know enough about the area that you live in and the risk in the area and may not be able to quote with as many carriers . Best rates for insurance does n't always mean the best coverage also service in very important . If you do n't mind calling an 800 number and always speaking to someone different or only access your policy on line then that is great but when you have a claim is that what your looking for then great . The other option is a local which helps your community and many agents like our agency we personally answer the phone 24/7 and you can access your policyonline . What it really boils down to is what is best for you . If your comfortable and knowledgeable about insurance online only may be the way to go . But if your not sure of thing then a Local agent would be more helpful they all should be only a few dollars different between putting a face to a real person or a online company only the choice is yours to make


Input: How To Get The Best Auto Insurance Rate?

Output: How do you get the best auto insurance rate ? Of course , driving safely , buying `` insurance-friendly '' vehicles and maintaining good credit helps . But shopping for the best prices is a big factor . It 's extremely important to allow an experienced broker -LRB- with the help of their respected website -RRB- do the shopping for you . The combination of human and online comparison shopping ensures that you 'll find the lowest rates from the top-rated carriers .


Input: What Health Insurance Do Veterans Have?

Output: Veterans that qualify have coverage under the VA -LRB- Veterans Administration -RRB- . The VA is very much in the news these days due to the incredibly long wait times and other problems which have led to many of our heroes actually dying waiting for care . The scary part for the rest of us is that the government runs the VA - so as the government becomes more involved in individual health insurance , will the same thing happen there ... ?


Input: Which Is An Example Of A Defined Contribution Retirement Plan?

Output: which is an example of a defined contribution plan ? I 'm starting to wonder if I am helping someone with their exams with these questions . . :-RRB- the simplest most commonly known example is going to be a 401 -LRB- k -RRB- plan . The employer `` contributes '' into the employee 's retirement account , but bears little responsibility for the results outside of fidicary responsibility for investment choices including a safe harbor .


Input: Where To Save Your Money For Retirement?

Output: Exactly where you specifically should save money for retirement and what vehicle you should use depends on your individual situation . There are however , some general guidelines . Take advantage of plans that provide tax deferral , to allow you to benefit from the full effect of compound interest . In Canada , with Registered Retirement Savings Plans -LRB- RRSP -RRB- you can deduct your contributions -LRB- within limits -RRB- and the funds grow tax deferred until you withdraw them . Tax Free Savings Accounts -LRB- TFSAs -RRB- , provide for tax deferred growth and no tax on withdrawal . Which of these is `` best '' for you depends on your individual circumstances . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community .


Input: Does Medicare Cover Long Term Care Insurance?

Output: I meet with many seniors and they are confused about how Medicare helps them for Long Term Care . Medicare Part A has a Skilled Nursing Facility benefit . This benefit is for rehabilitation following a hospital stay . An example would be following surgery for joint replacement or broken bones . Typically , a beneficiary would have surgery at the hospital and then be admitted to a Skilled Nursing Facility for rehab . Medicare provides coverage for professionally licensed Nurses and Therapist to provide services in a home . This benefit is called Home Health . These services during a rehabilitation done in the home . This is not for the long term or permanent care of the beneficiary . Long Term Care Insurance is needed for daily activities such as bathing , toileting , transferring , feeding , and dressing . These activities can be provided by a company or relative but Medicare would not provide a benefit for these services .


Input: How Will Obamacare Affect Health Insurance Premiums?

Output: It will depend on a variety of factors . Insurance costs that exist today do so because of our current set of circumstances -LRB- such as pre existing conditions , maternity , age restrictions , etc -RRB- and Obamacare will introduce a new set of circumstances which health insurance companies will have to adjust for . This will invariably be reflectd in the prices charges for insurance in 2014 .


Input: What Are The Tax Implications Of Cashing In A Life Insurance Policy?

Output: In Canada , if you surrender a life insurance policy and the cash value exceeds the adjusted cost base it is taxed as a gain . The adjusted cost base is the total premiums paid , less the Net Cost of Pure Insurance which is a rate set by the government . You can also trigger a deemed disposition if you borrow in excess of the adjusted cost base and with most transfers of ownership . Before you surrender a policy , check with your agent to be sure you are informed decision and to review other options . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Are The Tax Implications Of Cashing In A Life Insurance Policy?

Output: That is a great question ! One of the great benefits of a whole life policy -LRB- Term policies do not have this -RRB- is the cash value that the policy accumulates as it ages . As long as the cash value stays within the policy , it is tax free . It can be borrowed against , and still be tax free . But if the policy is cashed out , or `` surrendered '' , any cash value amount that is more than the total amount of premiums paid is considered to be income , and therefore taxable . If you need some cash , but do n't want to get a tax bite while getting it , you may really want to consider borrowing vs. surrendering . Contact me , and I 'll walk you through the advantages/dangers of doing this . Thanks for asking !


Input: Can I Take Money Out Of My Retirement Plan?

Output: You can take money out of your retirement . Any distributions will be taxable at ordinary income tax rates and a possible 10 % penalty for accessing your retirement before 591/2 .


Input: Can I Get Whole Life Insurance Quotes With No Medical Exam?

Output: Yes , you can get Whole Life Insurance quotes with no medical exam . When getting Whole Life Insurance without a physical , the face amount will be small , probably under $ 50,000 . You will most likely need to call an agency that carries many companies to get your quote . The agent will walk you through some health questions , ascertain your best company , and can provide that right over the phone .


Input: When Can I Join A Medigap Plan?

Output: If you are age 65 or older , you can purchase a Medigap Plan any time you are enrolled in Medicare Part A and Medicare Part B . If you are under age 65 there may be some additional conditions . If you are age 65 + and enroll in a Medigap Plan within 6 months of getting Medicare Part B , your coverage is guaranteed .


Input: How Much Does Whole Life Insurance Cost Per Month?

Output: The cost of whole life insurance varies . It depends on numerous factors such as medical conditions , height & weight , the death benefit that is requested & also if the proposed insured is male or female . With those factors it is hard to determine the monthly cost until an agent obtain all those facts .


Input: Who Should Have Disability Insurance?

Output: If you do not have disability insurance through your employer then you should consider disability insurance . The chance of a disabling incident are far greater for most people than death . Unless you have enough savings to cover at least six months pay you need to look into disability insurance . Especially if you are the main income provider . A great credit history and life savings can be wiped out by one disability occurrence .


Input: Can You Get Health Insurance If You Have Cancer?

Output: You can get a fixed indemnity policy which also known as a guaranteed issue policy almost immediately without underwriting . The Private Health Care System -LRB- PHCS -RRB- network has negotiated costs for procedures with doctors and hospitals within that network much like the Medicare system . A downside to the policy is a year long waiting period for surgeries or procedures related to any given pre existing procedure , and the upside is it will cover nearly everything else up to $ 1,000,000 lifetime.As of October 1 , 2013 you will be eligible for health insurance with cancer or any kind of pre existing condition . You will have a choice of providers on your state 's online exchange . Be prepared for higher than expected rates on the exchange .


Input: How Much Is Cheap Car Insurance?

Output: The very `` cheapest '' car insurance is none ! $ 0 ! You wo n't find a better price than $ 0 . However ... there are MANY options when it comes to auto insurance and the cost will vary by the coverage and company you choose . If you want professional counsel in reviewing your needs , contact a few local local insurance agents . If you are do-it-yourselfer , you can find coverage online . Whatever you do consider this : cheap coverage typically imples minimum coverage . Minimum coverage may become VERY expensive for you if you do n't have the coverage to adequately cover the damage to your property and the potential loss of your assets if judgment is brought against you for the damage you cause others .


Input: How Much Is Cheap Car Insurance?

Output: Cheap car insurance can be as little as $ 20 or $ 30 per month , depending on where you live , the type of car you drive , your age , and of course , the liability limits you have . Some carriers offer discounts that can total as much as 50 % . It is , however , important to understand that state minimum liability limits may leave you underinsured . Although low liability limits result in very cheap pricing , it 's important that we , as experienced unbiased brokers , advise you which coverages may be the most appropriate . To find the lowest rates , always utilize an experienced broker . Not only do we offer unbiased advice and top-notch websites , but you can also save time and money by quickly finding the best prices . The quoting process typically takes only a few minutes and you 'll be able to view the best options in your area .


Input: How Much Is Cheap Car Insurance?

Output: Cheap auto insurance is a policy that provides all the coverage you need when you have a claim . Everything you receive as the result of a claim makes the premium you paid a minor issue . If you have the lowest legal limits and are in a serious accident it is possible that the claims could drive you into bankruptcy . The cheapest auto insurance is designed by an agent for you . The agent will give you options and you can decide .


Input: What Is The Best Homeowners Insurance In Ohio?

Output: There is no single answer to that question . Which Homeowners policy is best for you will depend on your individual situation . Where do you live ? How old is your home ? Do you have a dog , a pool , a trampoline ? The best thing to do is speak with an independent agent and shop around . An independent agent can help you shop multiple companies and advise you on which plan is right for you .


Input: Who Can I Add To My Health Insurance?

Output: You can usually add your spouse or children to your health insurance . If you also are the legal guardian or a particular person you more than likely would be able to add this as well to your health insurance however it would more likely depends on the state you are applying for health insurance with you might need to check with your independent state to verify who you can add as well .


Input: What Does Individual Disability Insurance Cover?

Output: Disability insurance is basically paycheck protection . More than half your annual compensation and retirement contributions can be insured and benefits are tax benefits are tax free . If you can validate a business deduction for disability insurance premiums , then you can insure up to 80 % , but the benefits will be taxable .


Input: What Does Individual Disability Insurance Cover?

Output: what does disability insurance cover ? Disability insurance covers your ability to earn a paycheck if you are injured or ill . Commonly referred to as paycheck protection , disability insurance simply creates another check for an individual to help cover bills , gas , groceries and dignity .


Input: How Good Is Transamerica Life Insurance?

Output: Transamerica Life Insurance Company , Transamerica Financial Life Insurance Company and Transamerica Advisors Life Insurance Company are under the parent company Aegon . At this time , these companies are rated A + by AM Best . They offer an array of good products at competitive prices . Transamerica Life Insurance is a good company with good products .


Input: How Good Is Transamerica Life Insurance?

Output: Transamerica offers competitive life insurance products and underwriting . Transamerica is rated A + AM Best , AA - S&P , A1 Moodys & AA - Fitch . All their related companies are 93 or better with Comdex . Transamerica is a top 20 company in term and guaranteed universal life insurance .


Input: Does Home Insurance Cover Roof?

Output: A homeowners policy covers damage caused by a specified peril . A roof is often treated differently from the rest of the residence . Where the residence may have replacement coverage , insurance companies will often limit recovery on a roof to the actual cash value of the roof . This recognizes the much shorter life of the average roof .


Input: Does Home Insurance Cover Roof?

Output: Unless you have a roof exclusion on your homeowners policy a roof is covered for the perils of the policy . Perils would include fire , wind , hail , weight of snow , lightning , falling objects , vandalism and potential water damage if caused by a bursting pipe . The homeowners insurance policy does not cover normal wear and tear . Also wind in some areas may have an exclusion or a separate deductible .


Input: Will Getting Married Lower My Car Insurance?

Output: It is very likely that getting married will lower your car insurance rates . For most ages , by combining cars on one policy and taking advantage of the married discount , you 'll likely see some savings ... perhaps substantial . Of course , you can compare rates in advance by simply requesting a free quote . We provide it within moments . But ... Do n't marry someone with a DUI on their record . You might see a major increase , instead of a discount !


Input: Will Getting Married Lower My Car Insurance?

Output: Great question ! In many cases the answer is yes ! By adding a second car , and perhaps consolidating policies under one roof , you can often get substantial discounts . The other side of that coin is that if your spouse has a less than desirable driving record , or a colorful history , you may not see a decline in prices.A checkered past and poor credit history can affect one 's rates . I 'd suggest that you compare rates between what you have now , and look to see what company is best for you . Call them and get a quote , and see what other policies you carry -LRB- renter 's , home owners , etc. -RRB- that you might want to combine/drop also . If you have further questions , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Does Medicare Cover An Annual Physical Exam?

Output: That 's a great question ! Under the Affordable Care Act -LRB- Obamacare -RRB- your preventive and wellness visits are not only covered , but they are not subject to deductible or co-pays on your part any longer . This was done to help Seniors get proactive treatments that they otherwise may have skipped , and thus saving money on treatments down the road that could have been avoided . Go schedule your appointment , and thanks for asking !


Input: Does Medicare Cover An Annual Physical Exam?

Output: Medicare covers a preventive screening visit when you 're new to Medicare and yearly `` wellness '' visits . A full annual physical exam would not be covered at 100 % . The new to Medicare preventive visit can be completed one time within the first year your Part B is active and includes a review of your medical history , discussion about preventive services -LRB- e.g. certain screenings , shots , etc. -RRB- , ht/wt measurement , blood pressure check , vision test , and a BMI index check . The yearly `` wellness '' visits can be completed once every 12 months if you 've had Part B for longer than a year . The purpose of the wellness visits is to develop and monitor a plan to help prevent disease and disability based on your health . Your would complete a health risk assessment with your doctor as well . Like the welcome to Medicare preventive visit , these visits include a review of your medical history , ht/wt check , and a blood pressure check . These test are only covered at 100 % if you 're doctor accepts Medicare and accepts assignment -LRB- accepting the Medicare-approved amount as payment in full -RRB- . Otherwise , you would be responsible for a portion of the costs -LRB- typically 20 % coinsurance -RRB- and the Part B deductible may apply -LRB- $ 147 in 2014 -RRB- . You can also be subject to paying for other services that are conducted during the visit if they are not covered as part of the preventive visit benefits -LRB- e.g. blood tests , urine tests , ekg , etc. -RRB- . Typically , original Medicare -LRB- Parts A & B -RRB- only covers about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . You may want to look at supplementing your coverage with a Medigap plan -LRB- also known as a Medicare supplement plan -RRB- to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a much , much more predictable health care expense structure - and when you 're on a fixed income , this is vital . Please feel free to contact me if I can be of more assistance . Thanks very much .


Input: What Is Listed On A Group Life Certificate Of Insurance?

Output: What is listed on a group life certificate of coverage ? Pretty basic information actually . It will have the insurance carrier 's name and contact information , a group number , death benefit amount , including accidental death in some cases . It might have the individual insured by the plan name on it , but it might not as well . It may just have employees of ABC company . In that case the insured would be verified by payroll records .


Input: What Is Listed On A Group Life Certificate Of Insurance?

Output: A group life insurance certificate lists the name and address of the life insurance company , the name of the insured person , the policy number , the group number -LRB- if any -RRB- and the effective date of the policy . It lists the employee and dependent benefits , and may outline the details of the policy .


Input: Can You Cancel A Whole Life Insurance Policy?

Output: Well , yes , you can . Speak to your insurance professional about the pros and cons of cancelling before you decide , however . Keep in mind that depending on the contract , if by surrendering the policy you receive any cash proceeds that may have built up in the policy while it was in force , this could trigger a taxable event . That is why it is a good idea to speak with your professional agent and weigh you options carefully before choosing the course that best suits your needs .


Input: Can You Cancel A Whole Life Insurance Policy?

Output: Yes , you can cancel a whole life policy.If the policy has a reserve value when the payments are discontinued , you may elect to receive a cash value payment orreceive paid-up life insurance for a reduced face amount . You may also borrow against your whole life policy . I would suggest you read your policy in full before making any decisions and talk to your agent to go over any options you have .


Input: How To Claim Against Someone's Car Insurance?

Output: Claiming against someone 's car insurance is relatively easy speaking from experience . In an accident , you should exchange your insurance information which you can have your insurance company take care of the claim or you can reach out to the company yourself although I would recommend against it . It is in your favor if you have the company insuring you to reach out . If you do not have all the insurance information , you can call the common carries giving them the vehicle and name if you have that information . You definitely will need some identifying information otherwise you are just stuck . I would contact your carrier and ask them specifics or reach out to get a free consultation .


Input: How To Claim Against Someone's Car Insurance?

Output: The process is similar to opening up a loss report with your own carrier . In most cases , when you call the police to the scene of an accident , the investigating officer will complete a report that includes information on all parties involved . Each person 's name and address will be included along with the year , make model , VIN and insurance company with policy number . to file a claim with the other company , either pass the report on to your Insurance Professional who will be happy to help you or locate the company claim information yourself , easily available on line , and contact them directly .


Input: What Is EE Medicare?

Output: EE taxes are those deducted from employees ' paychecks for the funding of Medicare . Paying EE taxes for at least 40 quarters allows people to get free Medicare Part A. Often referred to as `` Fed Med/EE tax , this tax is the federal Medicare tax . It is 1.45 % . In 2013 , an additional .9 % will be charged on wages earned in excess of $ 200,000 .


Input: How Much Does Critical Illness Insurance Cost?

Output: Because the cost of critical illness insurance is based on an array of risk factors giving a broad answer of how much it will cost anyone person is nearly impossible . Underwriting is based on your age and medical history . You would then need to determine the amount of coverage that you need and these three factors would determine what you will pay . You should contact an agent licensed to do business in your state for a quote .


Input: How Much Does Critical Illness Insurance Cost?

Output: Critical Illness Insurance varies according to how much coverage is purchased and the age of the person buying the policy , among other things . At age 20 , the premium is about $ 20/mo for $ 50,000 of critical illness insurance . At age 40 , the price is about $ 50/mo . at age 60 , the price is about $ 150/mo for that same policy .


Input: Who Should Buy Term Life Insurance?

Output: Term life insurance is for people that are looking for higher dollar amounts of coverage at a lower cost . Whole life insurance can be much more costly for the same dollar amounts . Normally it is suggested that most people carry a combination of term and whole life insurance coverages . Contact a local agent to discuss your personal needs and concerns .


Input: Who Should Buy Term Life Insurance?

Output: Anyone who can not afford permanent life insurance at this time , should have term life . Term life is temporary . It ends . And then you may no longer be able to get life insurance . So buy permanent insurance as soon as you possibly can , even if you have to combine it with some term . Permanent builds up value and eventually will actually be cheaper than term ! So talk to your agent . And learn about living benefits that come with only a few term or permanent policies . Such things as Chronic Care , Critical Care and Terminal Care . These are benefits you can get with Premier Financial Alliance 's National Life Group coverages . Thank you . GARY LANE . garylane@cox.net . 714 422 9616 .


Input: How Much Does An Ultrasound Cost Without Health Insurance?

Output: Ultrasound exams are usually a few hundred dollars when you have health insurance . The Health Care Blue Book shows a price of $ 158 for an abdominal ultrasound including physician fees . Ultrasound on other body parts may be more or less . You should ask your doctor about costs in advance and negotiate an acceptable rate .


Input: Can You Drop Medicare Part B?

Output: Yes , you can drop Medicare Part B , but why would you want to ? Medicare Part B is for more than just doctor visits . Part B also covers outpatient diagnostic testing , labs , X-ray , CT scans , MRI , Emergency Room , ambulance and much more . Chemotherapy is also a covered Medicare Part B expense .


Input: Can You Drop Medicare Part B?

Output: Yes , you can drop Medicare Part B. For most , Medicare Part B is a `` no brainier-DO IT '' . Where else can you cover 80 % of many bills for under 150.00 per month if you are 65 , or disabled ? However , there are a few instances when it might make sense to either drop or not enroll in Part B . If you are covered by your employers standard medical coverage , you do not have to enroll in Part B. To answer whether it makes sense to drop it , there are some possible exceptions . The exception would be , If you are a veteran , and you live near a Large VA hospital whose doctors cover all the specialties , it might make sense to drop part B. Look for no help with coverage outside the VA system , however . So yes , there are times when it makes sense to do so , but understand the tradeoff and the limits that the VA system has are YOUR limits by default . Think it over carefully before you make the decision , and talk it over with your VA counselor and insurance agent ,


Input: Is Nursing Home Care Covered By Medicare?

Output: Nursing home care is covered by Medicare in some circumstances . 1 . You must stay in a Medicare certified skilled nursing facility . 2 . You must enter the nursing home after a qualified inpatient hospital stay of at least three consecutive days -LRB- starting with the day you enter the hospital , not counting the day you leave -RRB- . 3 . You must enter the SNF -LRB- skilled nursing facility -RRB- within 30 days . 4 . Your doctor must have ordered the SNF stay due to your need for more than custodial care on a daily basis , and the SNF care must be for something treated during the qualifying hospital stay . 5 . Medicare Part A pays for up to 100 days of nursing home coverage .


Input: Is Disability Insurance Worth Having?

Output: Is disability insurance worth having ? The answer depends on the individual . What we 're talking about with disability insurance is paycheck protection . Disability insurance does n't pay for a medical claim , at least not directly . Disability insurance simply creates a pot of money to use as you would with your paycheck . It is up to the individual to decide the worth of protecting their paycheck . Maybe if there 's passive income or massive savings the need for disability insurance may not be that great . But , if you 're not in that position financially , you should think long and hard about disability insurance .


Input: Is Disability Insurance Worth Having?

Output: Disability insurance is definitely worth having . Just about everyone buys homeowners insurance , but the chances of losing your home to a fire is 1 in 1200 . The U.S. Social Security Administration reports that the odds of a 20-year-old worker becoming disabled prior to retirement is 3 out of 10 . Disability insurance , also called paycheck insurance , protects your most important asset - your paycheck . Everything your own or consume -LRB- home , car , food , education , etc -RRB- is paid for by your paycheck , so why not protect it ? The cost is generally 2-4 % of your paycheck so it can be economical protection as well .


Input: Does Life Insurance Go Through Probate?

Output: Great question ! One of great things about life insurance -LRB- as well as annuity contracts and IRA accounts -RRB- is the disposition is generally controlled by the beneficiary designation . Courts are very reluctant to interfere with a valid beneficiary designation . When do we see problems ? When the account is not periodically reviewed and the beneficiary designation -- for example a parent is named and they have passed away but no new beneficiary has been named . Of course life insurance proceeds will generally become part of the probated estate when the estate is named as the beneficiary . Easy fix ? Be sure to name primary and contingent beneficiaries and review them periodically ! Hope that helps ...


Input: Does Life Insurance Go Through Probate?

Output: If a person dies and has left no will , the estate must go through the probate process . This provides the beneficiaries , creditors and anyone else with a vested interest in the estate with a supervised place in which to distribute assets . Legal fees can make this a very expensive process . A life insurance policy is a contract that operates at the death of a person , However , the money is sent directly to the beneficiary . The risk is that the beneficiary might not be the intended beneficiary . This is a good reason to review your life insurance policy regularly .


Input: Does Life Insurance Go Through Probate?

Output: Life insurance proceeds generally do not have to go through probate unless they are left to the estate . If the beneficiary is listed on the policy as `` estate '' , or if the persons who were listed as beneficiaries are no longer alive , then the life insurance proceeds will go through probate . If the proceeds are left to a living person , they will be paid to that person directly , bypassing probate .


Input: Does Life Insurance Go Through Probate?

Output: Video Transcript : Today 's question is , Does life insurance go through probate ? Generally , when a policy insured dies , he or she has beneficiaries . Those beneficiaries generally see the proceeds direct to them , bypassing probate . I love this because those proceeds then generally , by the way absolutely tax free , go to their beneficiaries without having the interference or going through the steps of probate . What that means is that that money , when it comes direct , the beneficiaries can use that money as they see fit . So there 's no dictate from probate how it 's done , how it 's used , or that it has to go through state probate first . It generally goes to the beneficiaries , and then they can use that to pay off indebtedness or to put money aside for future obligations . And that 's why I like it , because its one of the perks of life insurance . It generally goes directly to beneficiaries and not through probate .


Input: Does Military Offer Life Insurance?

Output: Yes the military offers life insurance through -LRB- USAA -RRB- which is a good place to start being they specialize in the military . There are other companies that deal with military personnel also such as Peterson International they deal with high risk clients such as military , football players . construction workers etc. . John Cole Virtual Financial Group Recruiter / Manager Living Benefits .


Input: Does Military Offer Life Insurance?

Output: The military offers their own group life insurance policy called SGLI -LRB- Servicemembers Group Life Insurance -RRB- . Servicemembers are automatically issued $ 400,000 of life insurance at a very reasonable cost , but they can choose to take a lower amount , or decline it altogether . Upon leaving the service , they can convert it to VGLI -LRB- Veterans Group Life Insurance -RRB- if they do so within a certain time frame .


Input: Does Planned Parenthood Take Health Insurance?

Output: Yes generally they do take health insurance depending on the procedure , however you will need to check with your local planned parenthood and give them the insurance you have as well as your member number to assure correct billing . To even be more clear you can also check with your insurance provider and they will most of the time give you the doctors they are affliated with and also depending on the insurance provider you might have to see your primary doctor for the referral first .


Input: Can My Apartment Require Renters Insurance?

Output: If the rental agreement that you signed with the landlord states that you will secure renters insurance during your time renting the property then yes they can require you to have renters insurance . Renters insurance is something that every renter should have . It is typically very low cost and if you purchase auto and renter coverage with the same company the discount for the auto it can lessen the cost of the renters coverage to almost nothing .


Input: Who Is The Cheapest Renters Insurance?

Output: The cheapest renters insurance is the policy that is in force at the time that you have a loss . The only thing that could be cheaper is to have a policy that paid the maximum allowable settlement at the time of loss . It isnt the premium that matters . The important thing is to have a policy , and to have a policy with appropriate limits . A loss makes low premiums taste like lemons .


Input: Who Is The Cheapest Renters Insurance?

Output: The cheapest renters policy is the one that gives you enough money to pay your legal costs and restore everything that was damaged -LRB- minus the deductible . -RRB- The most expensive renters policy is no-policy because at the time of loss , the entire burden is born by you . May I suggest that you meet with a professional insurance agent and secure a quote ? Setting appropriate limits is the way to make sure that you have the cheapest coverage .


Input: Will Homeowners Insurance Pay For A Cigarette Being Dropped Resulting In Catching Carpet On Fire?

Output: It is always a good idea to check in and discuss the specific terms and conditions of your Homeowners Policy with your Insurance Professional , but yes , your Homeowners policy would more than likly cover this loss . Fire damage is a common cause of loss that is among the named perils in most Homeowners ' policies .


Input: How Much Does It Cost For Long Term Care Insurance?

Output: The premiums for long term care insurance vary based on the insured 's age of issue , health and options selected . Some insurers give discounts for spouses applying at the same time and for preferred risk factors . Gender specific premium rates is a recent trend . As an example , for a 60 year old , a tax-qualified individual comprehensive policy with 3 year level benefit , 90 day elimination period , is approximately $ 1000 annually per 100 of daily benefit . A qualified insurance professional can help assess your specific needs and budget and shop the market for you .


Input: How Much Does It Cost For Long Term Care Insurance?

Output: The cost of long-term care insurance has gone up dramatically in the last 10 years . To get an affordable policy for the average person today is a real challenge for the agent . The middle class consumer has , essentially , been priced out of the market for policy designs that were frequently used 10 years ago . To get an affordable policy , the agent has to think outside the box , and the middle class consumer has to understand the value of long-term care insurance . 1 . No long-term care policy can promise to pay for all of one 's potential end-of-life health care costs , no matter how muchone pays . 2 . Conventional designs are no longer valid for the vast majority of those that want an affordable LTC insurance policy . 3 . Long-term care insurance , however , is still a very important consideration . For a base policy , figure on it costing between $ 200 - $ 400/month depending on age . 4 . Even if the policyone can afford might only pay for 1/3 to 1/2 ofone 's projected costs , it would be worth it . It 's not just about cost , although that is an important factor . LTC insurance is for the caregiver , not the insured . The entire immediate family - and sometimes the extended family - is affected by an elderly loved one that ca n't take care of routine , daily activities , and needs attention 24/7 . The emotional , psychological , and physical energy expended collectively can be a huge impact to the caregiver -LRB- s -RRB- . Being able to afford even a short break now and then from caregiving can be the difference between the caregiver remaining healthy or getting sick as well . That 's the value of long-term care insurance . Some is better than none .


Input: How Much Does It Cost For Long Term Care Insurance?

Output: Long term care insurance cost is dependent on your gender , age , smoking status , health history and current medical condition . It also depends on how you design your policy for coverage benefits like elimination period or purchasing riders for inflation . A male , non smoker age 60 will pay around $ 300 a month for full coverage with an inflation rider .


Input: Where Can I Buy Car Insurance Month By Month?

Output: Most carriers have a monthly billing . Most carriers also require you to just pay the 1st month not 2 months down which can be harder for most clients to make insurance affordable . There are carriers that issue just 30 day policies Hallmark is one of the carriers that does this but they are not in every state . Contact your local agent or call your state insurance commissioners office they can direct you to the appropriate carrier


Input: Where Can I Buy Car Insurance Month By Month?

Output: Most insurers allow you to buy car coverage from month to month . You can also pay quarterly and every 6-months and with some carriers ... once per year . They may be an extra fee associated with paying month to month . It may be a bit cheaper to pay electronically out of your checking account .


Input: What Are Some Disability Insurance Companies?

Output: There are many insurance companies that offer disability insurance and each one has their own features and benefits that make them unique . It is important to use A rated or better companies to help ensure that the company will be around in the future when you may need it . Some of the companies that we use for disability insurance are : Assurity , Guardian Life , Lloyd 's of London , MetLife , Mutual of Omaha , Principal Financial and Ameritas -LRB- Union Central -RRB- .


Input: How Do I Get A Life Insurance License In Virginia?

Output: If you are interested in becoming a life insurance agent , you can apply through the sircon website . I believe they do some sort of background check , etc. . After that , you usually have to go take a monitored test for the license . If you successfully complete all of that , you can get approved for a license . From there , you will need to get appointed with carriers if you 're trying to be a broker and sell multiple companies . Otherwise you can try to get a job as a captive agent for one single company . You want to work with a good , reputable brokerage who can help you succeed in the business . It 's not always about who pays the highest commissions , but the services a brokerage can provide you with . Some do a lot more than others . Once you 've got your appointments set up , you can start selling . Make sure you know your products ! Product knowledge is vital in this industry ! 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: How Do I Get A Life Insurance License In Virginia?

Output: You can shop for a local agent or go online to a brokerage company that offers a vast inventory of life insurance companies . Many of these online firms offer side by side spreadsheets so you can see who the players are against their competitors . Shopping for the right company can really save you money .


Input: What Are The Top Traits I Should Look For In A Health / Life / Disability Agent?

Output: You will want to look for an agent who will listen and know how to apply that information to find you the best priced policy . If you just told your life/health/disability insurance representative that you have diabetes , there should be some follow up questions , especially if you are purchasing a policy over $ 100,000 . If their questions are rote and the first thing they suggest is accidental death , you need to find someone else . Honesty , integrity , intelligence , and a good personality are all helpful in making your insurance purchase a good experience .


Input: What Are The Top Traits I Should Look For In A Health / Life / Disability Agent?

Output: To start with , look for someone who has very open communication . The best agents can be reached by phone , email , social media , etc. . If you have a hard time getting timely responses , think about finding someone who is ready and willing to assist you . Also , ask the agent if shes a part of any organizations or associations . Its comforting to work with an agent who is regularly advised of the newest products and guidelines . And lastly , find an agent who is persistent . Independent agents have the ability to work with numerous carriers , so they have the capabilities to find you numerous quotes . Have her show you all of the options .


Input: What Are The Top Traits I Should Look For In A Health / Life / Disability Agent?

Output: Traits that you would look for in any one that you would depend on for anything ! Such as honesty , integrity , and genuine concern for your best outcome I would think would be at the top of the list . Additionally you will want an agent who is knowledgeable in the areas of their profession with greater interest in your benefit than their commission . Discernment and good communication skills are also a must .


Input: What Is A Locked In Retirement Savings Plan?

Output: A Locked-In Retirement Account -LRB- LIRA -RRB- is a Canadian investment account to hold locked-in pension funds for prior plan members , their spouses or common-law partners , or surviving spouses or partners . Funds held inside LIRAs or LRSPs for that matter are available , or `` unlocked , '' at retirement . For confirmation on the definition please seek a Canadian financial adviser familiar with these retirement vehicles .


Input: Why Does My Homeowners Insurance Go Up Every Year?

Output: Your homeowners policy probably has a provision that increases the property coverages annually . The purpose of this provision is to compensate for the increased cost of construction . This raises the amount of coverage , and the premium every year . It is possible that you company has taken a rate increase in your state and that might be reflected in your premium . The state insurance commissioner must approve rate increases and the company must demonstrate that they are not collecting enough premiums to pay all of their potential claims based upon the claims history of the company in the past couple of years .


Input: What Is Not Covered By Long Term Care Insurance?

Output: You would need to review your own Long Term Care Insurance policy to find out what is not covered . E.g. . Some policies will cover Home Health Services and some will not . But some common things that may not be covered are : Care needed for pre-existing conditions -LRB- they may be excluded for a number of months -RRB- Care needed due to some nervous disorders Care needed for injury or illness causes by drug addiction , commission of a felony , etc. .


Input: Does Joint Life Insurance Work?

Output: There are different kinds of joint life insurance policies , but most share similar streets . Joint life policies issue coverage to two or more individuals under one life insurance policy . The typical arrangement is a husband and wife , but there are also business applications as well . Most joint life insurance plans pay a death benefit on the first to die but second to die policies are quite common in estate planning situations .


Input: Does Joint Life Insurance Work?

Output: Generally , when people ask about joint life insurance they are asking about joint second-to-die aka survivorship life insurance . These policies insure two lives and became popular with the advent of the unlimited martial deduction for estate planning in the early 1980s . For a lower premium survivorship policies pay nothing at the first death . The policy death benefit pays at the death of the second insured to die . While readily available at one time , joint first-to-die life insurance policies are no longer available from A rated carriers that distribute through life insurance brokers .