Input: Can I get life insurance with a DUI?

Output: yes you can however be mindful the increase in the premium amount . I would strongly suggest that you shop around and get various quotes . If you have a good driving record prior and depending on the carrier you might be forgiven the first time . I would suggest shop , shop and shop around before making a final decision .


Input: Can I get life insurance with a DUI?

Output: That 's a great question ! There will definitely be more hardships after having your DUI , but finding a life insurance policy wo n't be the worst of them . There are companies out there that do n't ask questions , they 're generally more expensive , and do n't have high death benefits , but they 'll insure you . Be aware that all guaranteed issue policies will come with a period of time -LRB- 2-3 years , usually -RRB- where the death benefit is limited to premiums paid , and some interest . Best thing for you to do is get yourself back on track , and pick up one of these policies to be safe . God bless you , and thanks for asking !


Input: Can I get life insurance with a DUI?

Output: The underwriting staff of a life insurance company estimates the degree to which a case is non-standard . A DUI would put a person in that category ; however , there will be degree and individual judgment involved . It is possible that favorable life insurance rates would be available to someone with a DUI if it time has passed , treatment has been secured and there havent been recurrences .


Input: Can I get life insurance with a DUI?

Output: There are carriers that will forgive a first offense DUI under the right circumstances . If there are more than one it will become difficult to secure a full underwritten life insurance policy for good rates . I highly recommend using an experienced independent life insurance broker to shop the market for you to find the best deal for your unique situation .


Input: Can I get life insurance with a DUI?

Output: All great answers above ... . Yup ... the `` what , when , where , etc. '' is the key . ALSO ... how much coverage are you trying to buy ?? There are many `` guarantee issue '' plans out there -LRB- depending on age -RRB- . Some are instant coverage while others have a `` ramp up '' period before you get full coverage . `` Might be '' an option ... yet we don ; t know enough ab out you -LRB- age , sex , other history -RRB- . I once placed 5 policies in force for one dude ... he needed a specific amount for his divorce . The judge did n't care about the cost because of the underwriting mess he created . So ... 5 policies . He 's now down to 2 policies 3 years later . When I played high school basket ball , Air Jordan 's first arrived . EVERY KID wanted them . Yet , even way back then , they were SOOOO expensive -LRB- like your life rate will be right now -RRB- . Did I say , `` Screw you Jordan '' & go and play barefoot ? NO ... I bought `` what i could '' -LRB- OK . Dad bought what he could -RRB- & I played . I was still a starter . I still won a trophy at the tournament . Just like with your car insurance , the more time that passes , the less you 're penalized for the DUI . Each year you can assess your situation for a `` better value '' . Suggestion ... Do what you can right NOW & let time fix the rate issue .


Input: Can I get life insurance with a DUI?

Output: You absolutely can get life insurance with a DUI on your record , though there may be limits on the amount of the face value . In today 's environment of guaranteed issue , there are not many entities that are prohibited from coverage . With adverse situations such as a DUI , any policy that is not guaranteed issue will most likely be rated ; more than one DUI will be looked upon in an unfavorable light by most underwriters , and will definitely be rated . This not only will result in higher rates , but may also result in limits on the amount of coverage provided . Short answer - yes you can get coverage with a DUI on your record .


Input: Can I get life insurance with a DUI?

Output: Absolutely . You can get Life Insurance with multiple DUIs . However , cost , company selection and amount may be limited depending on how you answer the application . Your agent needs to include a cover letter that gives the details of the DUIs , how many , dates , court out comes . But other factors as well such as , circumstances and lifestyle then and positive changes now . Are you a member of AA ? Have you stopped drinking ? Who are you today ? The agent also needs to include a detailed alcohol and drug questionnaire . The agent can pre shop the case to several carriers before submitting . You do not want the case sent out to just any company . If the DUI was a few years ago the case could come back a standard issued policy .


Input: Can Car Insurance Charge Cancellation Fee?

Output: Car insurance policies typically do not charge a cancellation fee.If you terminate a policy , you will be given a refund based on the unused portion of your coverage . Typically , the process takes about a week . It is possible that your refund will be `` short-rated , '' which means that a small penalty may apply to the portion of the refund you are getting back . Your broker/agent can review specifics with you .


Input: Can Car Insurance Charge Cancellation Fee?

Output: It may be possible for a car insurance company to `` short rate '' your requested cancellation which means that they would retain a certain small percentage above and beyond what has been fully earned for the term and refund you the balance . That had been a more common practice years ago but for the most part , that does n't happen too much any more . For the most part , your policy would be cancelled as requested and the appropriate refund of any pre paid premium returned to you without any additional charge . Naturally , the amount of refund would be determined by the amount you had pre paid or the term and where you happen to be in that term .


Input: How Important Is Health Insurance?

Output: That is a great question ! Health insurance is the best defense against a medical emergency that destroys your financial stability . 60 % of all bankruptcies are caused by health emergencies , and the costs that arise from them . If you are one of the 60 % of Americans that have less than $ 3000 to your name , or part of the 77 % that are living paycheck to paycheck , your health insurance is worth whatever you pay for it . I sincerely hope that you have some . Thanks for asking !


Input: How Important Is Health Insurance?

Output: Health insurance is vital for everyone . Even a person that is young and healthy can be involved in an accident . The average ER visit is around $ 1,300 while the average cost per hospital stay is over $ 10,000 . While health insurance can be very expensive , the new tax credits can reduce the cost significantly . Additionally , those under 30 can qualify for catastrophic coverage . These policies have lower monthly premiums and cover only preventive care and any costs over $ 6,350 per individual . This provides the lowest monthly premium while limiting out-of-pocket costs .


Input: What Are The Best Rated Auto Insurance Companies?

Output: What are the best rated auto insurance companies ? Based on my professional opinion and 33 years as one of the nation 's leading auto insurance brokers -LRB- with a top-rated website -RRB- , here are the handful of carriers that are on just about everyone 's list : USAA State Farm Geico Farmers Esurance Liberty Mutual Nationwide Geico Erie American Family Progressive Allstate Travelers I know . That 's a pretty big list ! It 's important to understand that your rate depends on numerous factors , and it is possible that one company offers terrific rates in your area , and is 40 % higher than most other companies in another area . Thus , the importance of utilizing a broker is never bigger .


Input: Will Medicare Pay For Diabetic Supplies?

Output: There are actually companies that design health insurance plans for Diabetics . They typically cover all the costs of the strips and then they cover the costs of the drugs under the prescription drug plans . More importantly they send a nurse to your residence when you enroll and they complete a thorough physical and they look at all your prescriptions and they make sure all of your prescriptions are minimizing your risks . They also will assist you with your dietary needs to maximize your nutritional needs


Input: Will Medicare Pay For Diabetic Supplies?

Output: Medicare Part B-covered Diabetes Supplies : Blood sugar -LRB- also called blood glucose -RRB- self-testing equipment and supplies are covered as durable medical equipment for all people with Medicare Part B who have diabetes , even if you dont use insulin . Self-testing supplies include : Blood sugar monitors Blood sugar test strips Lancet devices and lancets Glucose control solutions for checking the accuracy of testing equipment and test strips . Medicare Part B covers the same type of blood sugar testing supplies for people with diabetes whether or not they use insulin . However , the amount of supplies that are covered varies . If you use insulin , you may be able to get up to 300 test strips and 300 lancets every 3 months . If you dont use insulin , you may be able to get 100 test strips and 100 lancets every 3 months . If your doctor says its medically necessary , Medicare will allow you to get additional test strips and lancets . Medically necessary means that services or supplies are needed for the diagnosis or treatment of your medical condition and meet accepted standards of medical practice . You may need to keep a record that shows how often youre actually testing yourself .


Input: Can You Cash Out Life Insurance?

Output: Yes , however , there are a number of things to consider before deciding whether to cash out any life insurance policy . One of the things that most people do n't think about is their insurability , especially when they have an existing plan . They may have preferred rates at the time they got it , but are now being treated for some medical conditions -LRB- heart issues , diabetes , cancer , etc. -RRB- and may be looking at standard or substandard rates on a new plan if they decided to get coverage again later on . If you 're looking at securing new coverage / replacing the old policy , you should compare the two structures and make sure it 's the most favorable course of action for you . Another item to review on the policy before cashing out is whether there are still any surrender charges on the policy and whether there would be any taxable gains -LRB- the cash value is greater than the sum total of premiums paid into the policy -RRB- - these 2 items can affect how much money you actually receive if you cashed out the policy . I highly recommend consulting with an experienced insurance broker who can review all of these points and others with you so you can make sure it 's an optimal move for you . After all things considered and you still want to cash out the policy , you can call the carrier/contact your agent and tell them you want to terminate the coverage -LRB- the amount you receive would be less any surrender charges or loan fees , if applicable -RRB- and they 'll send you the necessary paperwork Depending on the size of the cash out , an option to consider would be putting the money into an annuity to guarantee an income for the rest of your life -LRB- or for a fixed number of years -RRB- . I hope the information is helpful - please feel free to contact me for help and if you have any questions . Thanks very much .


Input: Can You Cash Out Life Insurance?

Output: That is a great question ! If your policy is a whole life policy , then yes , you can . If it is a term life policy , -LRB- like AAA or AARP offer -RRB- then you can not , as they have no value to them , unless you die and they pay out . The money you can collect from your whole life policy will be reduced by fees and any outstanding loans that you may have , so you know . I 'd strongly recommend that you discuss your reasons for cashing out the policy , there are a lot more reasons why you should n't than there are for doing it . I hope that helps , thanks for asking !


Input: Can You Cash Out Life Insurance?

Output: The person who can surrender the policy is the owner or the assigned . The company will exchange the cash value of the policy for a release from paying a death claim . This transaction is relatively quick . Since the companys promise to pay a death claim is a very big issue , care should be taken before surrendering a policy .


Input: Can You Cash Out Life Insurance?

Output: Yes you can cash out or surrender life insurance . Life insurance is a unilateral contract where you , the policyowner , are in control . Before you cash out a policy it is best to check with your life insurance broker to be aware of alternatives and any consequences including tax . In Canada , if there is an irrevocable beneficiary or if the policy has been assigned as collateral , there permission would be required before taking any action including surrendering the policy . If you have any questions , or feel I could be of assistance , please do not hesitate to contact me .


Input: What Are The Best Annuities?

Output: Annuities are very complex . Selecting the best annuity is a function of needs . At their core annuities provide a lifetime of uninterrupted income . Nothing else can guarantee that result . It takes the risk of outliving your money off the table . The single premium annuities are the basis upon which every other annuity is developed . Development of annuities has followed two general lines . The first is the accumulation of money and the second is the distribution of money . Annuities can be funded with a single premium or a flexible series of premiums . Since the Internal Revenue Code recognizes the value of annuities the growth that the money placed in an annuity experiences is not subject to current income taxes . These deferred tax plans can have powerful advantages over alternative investments . Annuities can earn income in a variety of ways . Some are guaranteed while others are not . Some have guaranteed rates and also allow that the rate can increase as market conditions make that possible . There are many schemes to determine interest rates but many contracts guarantee a minimum rate below which they will not fall . Annuities are often sold with interest bonuses for a specified period of time . These bonuses are inducements to purchase the annuity but are often tied to the surrender period of the contract . Since an annuity is a long term cash accumulation plan withdrawing money early from the contract is subject to surrender charges over a specified period of time in most contracts . There are a number of ways benefits can be paid under annuities because there are a wide variety of needs . The traditional way is in a lifetime flow of regular payments . When a person is concerned that they might make a deposit and then die shortly afterwards there are options that can be selected that make payments for a specified period of time to either the annuitant or beneficiary . Others make lifetime payments as long as one of two people is alive . There are even options that make lifetime payments as long as one of two people are alive but will pay a beneficiary if both die prior to the end of a certain period of time . In addition to options that provide a benefit for a period certain , there are also similar options for return of deposit . There are annuities that defer the payment of the benefit for an extended period of time . The advantage of this type of annuity as that you are able to purchase an amount of money that wont be delivered for a long time and all that growth and interest is being deferred from current income tax . These policies can make a tremendous increase in income and may be used to offset anticipated cost of living increases . Annuities come with several riders that guarantee various aspects of the contract . When the cash value of the annuity isnt guaranteed you can purchase a rider that will pay a specified lifetime income even if the account balance is exhausted . Annuities are complicated and there are companies trying new ideas every day . You will probably find that there is an annuity that will play an important role in your retirement income planning .


Input: Does Each Person In An Apartment Need Renters Insurance?

Output: If you are referring to a room mate situation , then it would be wise for each person to have renter 's insurance . If a husband & wife , then it is not needed on each person . Insurance is based on an insurable interest . For example if I had a room mate , my room mate has no insurable interest in my stuff or my liability . There is one other option , the renter 's policy could be endorsed to insure the room mate as an additional insured . The room mate 's contents would not be covered , but at least the room mate would have liability coverage . -LRB- see some of my other answers regarding renter 's insurance -RRB- .


Input: What Stocks Are In A Mutual Fund?

Output: That is a great question ! In fact , it 's really the multimillion dollar question ! That is the hard part about choosing the right mutual fund , knowing what they are invested in , and how the investments are performing . A mutual fund that was heavily invested in technology stocks this year would have taken a beating -LRB- some lost very large amounts -RRB- , while mutual funds invested in a mix of bonds and energy stocks would have had a good return . The best thing to do is really look into the fund , its investments and its returns , before you invest in it . Be certain to have your broker clearly explain all fees to you ! Many funds charge fees that can significantly reduce your earnings , and leave you with little more than you started with . Be careful , ok ? Thanks for asking !


Input: Is There Life Insurance That Does Not Require Medical Exam?

Output: There are life insurance policies that do not require an exam for every age of applicant . There are options for every type of health . There are term policies , universal life policies , and whole life policies that do not require an exam . No Exam life insurance can be purchased in face amounts up to $ 500,000 . Some agents say that you will pay more if you buy nonmed life insurance , but that is not always the case . If your health is very poor , No Exam life insurance may be the only option available to you . If you think you are healthy but not sure , life insurance that does not require an exam might cost less than if you took an exam and found out your cholesterol was over 300 .


Input: Is There Life Insurance That Does Not Require Medical Exam?

Output: Yes . Most senior whole-life policies do not require a medical exam if you apply for $ 25,000 or less with most companies . Some even go as high as $ 75,000 with seniors in their 60 's and 70 's and just base the policy off their answers to health questions and RX checks . Much larger policies can be issued to younger adults and children with no physical exam .


Input: Is There Life Insurance That Does Not Require Medical Exam?

Output: There are life insurance programs that do not require medical exams . Younger people who apply for smaller amounts may not be asked to get a paramedical exam . Usually as the applicant gets older and the amount applied for increases , the medical requirement becomes a standard requirement . Even though an applicant 's age and amount being applied for might not automatically require an exam , the company has the right to ask for an exam if they feel it necessary .


Input: Is Lyrica Covered By Medicare Part D?

Output: Yes , Lyrica is covered by at least some Medicare Part D plans . Check your Part D formulary to see if Lyrica is covered by your plan . Lyrica is used to treat pain from conditions such as fibromyalgia , diabetic neuropathy , and shingles . It can also be used to treat some types of seizures .


Input: What Life Insurance Policy Is Best?

Output: The best life insurance policy is the one that is in force the day you die . To determine the cheapest life insurance policy you have to know which day you are going to die . Since that is unknown to most people , a whole life policy is actually the cheapest form of life insurance . Rarely does its cost exceed the money that your beneficiary will receive .


Input: What Life Insurance Policy Is Best?

Output: The best life insurance policy is the one that best fits your needs at the lowest possible cost . It may be a term policy , apermanentpolicy or a combination of both . Anexperiencedagent in your state can review the best options and show you the combination of policies that best meet your needs at a price you can afford .


Input: What Factors Should You Consider When Creating A Retirement Plan?

Output: What factors to consider when creating a retirement plan ? COST . Different plans have different costs associated with the operation of a plan . Administrative cost and fees can be greater than the cost of matching for some small business plans . A business owner has to look at a variety of options in plan design to keep the administrative costs low and money spent towards providinga plan , goes towards the employees the employer actually wants to reward . Most companies have set aside funds to provide for administrative costs and matching for their retirement plans . The thing is the higher your administration costs , the less money an employer has to give to the employees of the business . There are many plan choices out there to choose from . I would suggest finding a plan that allows you to reward the people who work for you , not so much for the people that bill you -LRB- plan administrators -RRB- .


Input: What Does Portability Mean With Life Insurance?

Output: Not much really . On an individual life policy there is n't an issue of portability as the individual owns the policy and the policy goes where ever the individual goes . With a group policy , there usually is a provision that allows an individual the opportunity to `` convert '' their group policy to an individual policy and have it become their personal property . Where this may be important is if the individual has serious health conditions and the carve out of an individual plan out of the group plan makes sense in terms of cost or even availability .


Input: What Does Portability Mean With Life Insurance?

Output: Usually `` portability '' benefits for a life insurance policy are connected when one has group coverage . It means that if you have such coverage , through your employer for example , if you change jobs , you can take that portion of your group benefits with you . When one owns one 's own Life Insurance policy it is , by it 's very nature completely portable . You own it so it goes with you and provides benefits regardless of your employer or place of residence .


Input: What Does Portability Mean With Life Insurance?

Output: Some voluntary group life insurance plans have a portability feature that allows you to take the plan with you when you leave . This is different from a conversion provision that requires you to exchange the term life insurance plan for a form of permanent insurance from the carrier . True portability plans exist , allowing you to keep the plan you have in the same form at the same rate structure .


Input: Is Whole Life Insurance For Kids A Good Idea?

Output: Some whole life representatives espouse this product for children to `` lock in '' insurability of the child for future coverage needs . This is especially true for family 's with a predisposition to sickness . Other representatives suggest using whole life as a savings vehicle for the child 's college education and retirement plan .


Input: Is Whole Life Insurance For Kids A Good Idea?

Output: In my opinion , Whole Life for kids is a good idea if you pay up the policy before they become adults . Otherwise , hang onto the policy and keep paying the premiums yourself , or you may find that your cash strapped young adult may cash in the policy you worked so hard to procure for them .


Input: What Is Terminal Bonus In A Life Insurance Policy?

Output: A terminal bonus -LRB- or capital bonus , or final bonus -RRB- can be paid upon maturity of a mutual policy . This is a feature of some `` with-profit '' Whole Life policies in Europe and Canada and other countries in the Commonwealth of Nations . It is comparable to a final dividend in the US .


Input: What Is Terminal Bonus In A Life Insurance Policy?

Output: Assuming the phrase terminal bonus means terminal dividend , here is a basic explanation . Participating whole life insurance generally declares an annual dividend . But when a participating whole life policy is surrendered , reserves are freed up and the surrender cash value are enhanced .


Input: Does Renters Insurance Cover Wind Damage?

Output: It may , depending on what was damaged and how it was damage . You may also be subject to the policy deductible . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Which Of The Following Is A Benefit Of Disability Insurance?

Output: A benefit of Disability Insurance is cash that is paid to the Insured person when the Insured person suffers a disabling illness or injury . The disability can be as short as a couple of weeks , if collecting short term disability . A long term disability would pay for disabilities that last more than a few months .


Input: Can You Drive Any Car With Fully Comp Insurance?

Output: Automobile insurance covers the car . If you have an automobile policy and are operating someone elses automobile , you might have some coverage , should the policy covering that auto be inadequate . It is difficult to think of a circumstance under which your comprehensive coverage would come into play because comprehensive usually indicates that the vehicle is not moving , so you couldnt be operating it . There might be some unusual circumstances but you should check with an agent , adjuster or claims representative .


Input: Can You Drive Any Car With Fully Comp Insurance?

Output: Car insurance covers the car.If you are going to borrow a car , check to determine whether there is current insurance on the car and that the limits are satisfactory . You will deal with the company insuring the car if you have an accident . If you own a car and have insurance on that car it can become secondary coverage if the coverage on the car you are borrowing is inadequate .


Input: When Can You Change A Medigap Policy?

Output: The Medigap policy also know as Medical Supplement policy can be cancelled any time you wish . However since your first time getting policy at 65 is considered guaranteed policy . Meaning you can not be turndown regardless of health issue . But after you cancell you must now meet the underwriting process and qualify for the policy .


Input: How Many People Have Life Insurance?

Output: According to Limra in 2011 , 7 in 10 of U.S. households own some type of life insurance . Nearly half of U.S. households own individual life insurance policies . Fifty-eight million or half of U.S. households say that they need more life insurance . Most individual life insurance policies in force are permanent -LRB- 71 % -RRB- rather than term -LRB- 29 % -RRB- . Life insurance is one of the most important purchases you will ever make and it is less expensive than most people think . We are here to help guide you in the most efficient and cost effective way possible to protect your family .


Input: How Many People Have Life Insurance?

Output: There are many life insurance industry statistics that can help answer this question . But sometimes the life insurance industry is too close to the data to create objectivity . One of the large consumer watch dog services is J.D. Power & Associates . Here are a couple of observations from last years publication . Life insurance ownership has steadily declined over the last 20 years . Those who have life insurance are woefully under insured . 40 % of adult in the U.S. have no life insurance . Over 50 million Americans , who have insurance , have inadequate coverage .


Input: When Do You Need Medicare Supplemental Insurance?

Output: If the `` gaps '' in your Medicare coverage are costing you more than the premiums of a Medicare Supplemental Insurance policy , would cost , then purchasing a Medicare supplemental policy may be a good idea . If you have group health insurance or private health insurance in addition to Medicare , or you have a Medicare Advantage Plan , you probably do n't need to purchase Medicare supplemental insurance .


Input: Are You Able To Get Insurance On A Car That Is Not Registered To You?

Output: If a vehicle that you are driving is not registered to you then you would want to purchase a non-owned auto policy . This type of policy is for a person that does not own an auto but does drive the vehicles of others . It typically only provides liability coverages , not physical damage coverages .


Input: Who Should Have Long Term Disability Insurance?

Output: Everyone who is healthy enough and can afford to purchase disability insurance should do so . Disability insurance is paycheck protection . The most significant valued asset in every household is human value , the ability to earn money . Protecting your paycheck is one of the highest priorities in defensive planning . Depending upon your gender , age , smoking status , health history and current medical condition , you may pay between 3 and 5 % of your compensation with disability insurance .


Input: What Are Variable Annuities Insurance?

Output: A variable annuity is a security product and an insurance product under the oversight of FINRA and the department of insurance . Most variable accounts use two account classifications : separate subaccounts and guaranteed interest account . The separate subaccounts have equity and bond investments and the guaranteed account is tied to an interest rate for a given period of time . Non-qualified variable annuities accumulate tax deferred with distributions of gain taxed as ordinary income .


Input: What Is A Hybrid Life Insurance Policy?

Output: Hybrid life insurance combines life insurance with other types of coverage such as accidental death insurance , long term care benefits , or even a combination of universal life and term insurance . Being able to get two types of policies in one can save expense and certainly cuts down on the hassle and paperwork of owning multiple policies . However , it is wise to review the features of the hybrid to make sure you understand the policy and are getting what you want .


Input: What Is A Hybrid Life Insurance Policy?

Output: Hybrid Life Insurance Policies could be addressing two product items , perhaps more . Hybrid life insurance products of the past are generally referring to a permanent form of life insurance with a term life insurance rider . But more recently it refers to adding living benefits to a term or permanent life insurance policy like long term care , critical illness , catastrophic care , disability , etc. .


Input: Does Cobra Include Disability Insurance?

Output: No , COBRA does not include any benefits other than health insurance . The Consolidated Omnibus Budget Reconciliation Act was passed by congress back in 1985 to insure employees moving from job to job did n't lose their health insurance coverage in case of a major or long term illness or accident that was currently being treated . No other benefits including disability nor life insurance was included in this law .


Input: Does Cobra Include Disability Insurance?

Output: No , Cobra does not include disability insurance or life insurance . Cobra is just for health insurance and possibly dental insurance , flex spending plans , and other health related benefits . If there is an individual disability policy , it can be taken to the next job . Otherwise , the employee will need to wait until the next job to see if they offer group disability insurance , or purchase a new private disability insurance policy at that time .


Input: When Did Long Term Care Insurance Start?

Output: Long Term Care Insurance started in the 1980 's . The first group Long Term Care Insurance policy was written in 1987 . The Health Insurance Portability and Accountability Act -LRB- HIPAA -RRB- of 1997 set standards for federally qualified Long Term Care plans that have minimum standards and can receive favorable tax treatment .


Input: Does Medicare Pay For Hha?

Output: Medicare will pay for home health care by a Medicare certified home health agency -LRB- HHA -RRB- if four stipulations are met : 1 -RRB- You must be homebound , meaning that it is very taxing to leave home , and assistance of a person or equipment is needed to do so . Trips to the doctor are allowed , and short trips to church , barber , etc are OK as long as they are infrequent . 2 -RRB- You must need skilled care either intermittently -LRB- at least once every 60 days -RRB- or continually on a short term basis -LRB- daily for 3 weeks , more if needed but the need is finite -RRB- . 3 -RRB- Your doctor must sign a Medicare home health certification and plan of care . And 4 -RRB- You receive your care from a Medicare certified HHA .


Input: How Good Are Indexed Annuities?

Output: Index annuities are great if your looking for the upside potential of stock market like returns without the downside risk . Annuities are good when you need to plan for an income payout , which could be immediate or deferred . A deferred annuity will build over time earning interest building value . Careful planning and reaching your goals should be talked over with a professional adviser .


Input: How Good Are Indexed Annuities?

Output: Financial planning is not normally built upon the attributes of a single product . An indexed annuity provides some growth potential while eliminating loss . The company agrees to pay interest on the money in the annuity at the higher of 0 % up to a percentage of the chosen index -LRB- S&P 500 -RRB- . There is another way these interest rates are computed but it is a slightly more aggressive product than a regular , guaranteed interest annuity .


Input: When Will Medicare Be Broke?

Output: Some say Medicare is already broke while others say the plan is in great shape and will never go away . The never go away part is probably accurate but the rest is pure fantasy . Medicare pays out more in claims than it collects in Medicare taxes and it has been this way for several years now . To me , that pretty much defines broke .


Input: Is Long Term Healthcare Insurance Deductible?

Output: Long-term care premiums may be deductible on both the state and federal level as allowed in the IRS 1040 tax return and the state income tax return . There is a formula that changes annually that reflects the amount of premium that can be counted as deductible . However , there have been changes to the amount of allowable medical expenses that can be deducted since the inception of the PPACA . Long-term care benefits are not taxable as regular income as long as the policy is clearly indicated `` tax-qualified '' . Most policies sold today are tax-qualified and benefits paid from them do not need to be reported as income on tax returns .


Input: Who Can Take A Life Insurance Policy On You?

Output: Someone can only take a life insurance policy out on you if you consent to it . Every application for life insurance requires the proposed insured 's signature . From there , there needs to be an insurable interest and the coverage has to be suitable to the need . I highly recommend consulting with an independent broker to help you find the policy that is going to best suit your needs . If you have any questions , send me a private message on here or check out my website -LRB- a link is available on my profile page -RRB-


Input: Who Can Take A Life Insurance Policy On You?

Output: A person that would be able to take out a life insurance policy on you would have to have a vested interest in your death . Examples would be an immediatefamily member , a caretaker , a business partner or a key man to a company would have a true loss if you were to die . No one however can take a policy out on you without your knowledge and consent . You must be underwritten regardless who pays the premiums . No one without a vested interest would be able to take out a life policy regardless .


Input: Can An Auto Insurance Company Cancel Your Policy?

Output: yes they can if you have lied on the application or you have prior damage on the vehicle and do not tell them about it . They can if you intentionally damage it or damage someone else 's property -LRB- mad girl friend -RRB- . Have to watch some for they have a liquor clause which allows them to cancel or refuse payment of a claim . Church mutuals are bad about that church


Input: What Does Medicare HIB Mean?

Output: Medicare HIB means Medicare Hospital Insurance Benefits . Medicare HIB is the same thing as Medicare Part A. Medicare HIB or Part A mainly covers inpatient health care services , skilled nursing care , and home health services . In contrast , Medicare Part B benefits are called SMIB , or Supplementary Medical Insurance Benefits .


Input: What Happens When Your Term Life Insurance Ends?

Output: It depends on the exact type of term policy you have as to what happens when a term life policy ends . One way is the policy will just cancel and you will need to purchase another plan if you still have a need for life insurance . The second and more common term life policy will not cancel but the premiums will increase sharply , usually 8 to 10 times in order to get you to cancel the coverage and be underwritten again .


Input: What Happens When Your Term Life Insurance Ends?

Output: When most term insurance policies come to the end of the level term period , the insurance company will require a much higher premium that goes up every year if you want to keep the policy . Most clients simply do not pay the higher premium and let their policy lapse . There are some policies that will let you pay the same premium but your death benefit decreases each year . This is rare but there are companies that do this . Another option that many insurance companies offer is the ability to `` convert '' or exchange all or part of your policy for a permanent policy without having to go through underwriting . Check with your insurance agent on the options for a specific policy . Hope this helps !


Input: What Happens When Your Term Life Insurance Ends?

Output: You will need to apply for new insurance after the period ends if you still want coverage . Some term insurance have a conversion option to a permanent insurance product , you should check if that option is available in your policy . Most of the times , if budget allows it is best if one can get permanent insurance while they are still young and in good health .


Input: What Happens When Your Term Life Insurance Ends?

Output: When your Term Life Insurance ends , the price of the Term coverage usually jumps way up in price . After this , the rate can go up every year , so most people choose to get a new policy . However , they must be medically able to get a new policy , and their rates will be based on their new age , usually causing the new policy to cost substantially more than the one whose term just ended . If health has declined since purchasing the original Term policy , it may be a good idea to convert the Term insurance to permanent . This must be done within a certain time frame . The new rates will be based on current age , and the product that you can convert to may not be the product that you would prefer . But converting does not require evidence of good health , so is a good way to get coverage when other doors are closed .


Input: Can You Buy Life Insurance On Other People?

Output: You can buy life insurance on other people if there is an insurable interest and the other person is willing to sign the application as the insured . An insurable interest means that the policy owner or beneficiary must stand to suffer a direct financial loss if the insured passes . Examples of this are spouses , business partners and children/parents .


Input: What Is A Life Insurance Broker?

Output: A Life Insurance Broker is someone who works with multiple insurance companies versus an agent who typically works for only one insurance company . A Broker has the ability to `` shop '' around life quotes to specifically meet your needs . Not all companies have the same cost for the insurance they offer so working with a broker , especially if you use a needs analysis , can be your best asset in making sure you are covered .


Input: What Is A Life Insurance Broker?

Output: A life insurance broker is another term for life insurance agent . The difference being , some agents are captive and can only offer you coverage from one carrier . A broker has contracts with multiple carriers and can help you shop for the best rate and underwriting . Brokers can be very helpful .


Input: What Is A Life Insurance Broker?

Output: In the United States , a life insurance broker generally refers to a person or agency who can sell products from multiple companies . The word `` independent '' is sometimes used , versus `` captive '' , which refers to an agent who can only sell from one company . The UK enacted a law in 1977 defining a broker as being able to sell from more than one company , but then dropped it later on .


Input: Where Do You Get Life Insurance?

Output: You can get life insurance at a life insurance agency in a building , you can call a life insurance agency and ask for an agent to come to your home , or you can get life insurance on the internet . Even if just on the phone , it is to your advantage to purchase a policy after talking to an agent . That way you can go over the health questions to make sure you qualify for the policy you apply for , and will be much more likely to be approved and get your best possible rate . Having a lot of options to choose from is also helpful in getting affordable life insurance .


Input: Will Homeowners Insurance Cover Plumbing?

Output: As David mentioned above , standard `` wear and tear '' of plumbing is not covered under homeowner 's insurance ; neither is maintenance of plumbing . However , in the case of a sudden rupture or burst pipe , your homeowner 's policy might cover the resulting water damage , subject to your deductible , although the plumber 's fees to repair the damaged plumbing would most likely not be covered .


Input: Will Homeowners Insurance Cover Plumbing?

Output: Your homeowners policy covers damages to your residence from either a list of named perils or is an all-risk policy covering all risks except those that are excluded . Once plumbing is underground the possibility of suffering damage by an insured peril is remote . Ground movement and water damage would be the two most likely causes of loss and they are excluded from the normal homeowners policy . Fair wear and tear is never covered . If the house burns and the plumbing is destroyed above ground , that would be covered .


Input: Does Renters Insurance Cover Moving?

Output: Most renters policies cover your personal property at your current residence and for up to 30 at your next residence using the current limits of the policy . However , you should be aware that when the goods are in transit , they are no longer in either premise . The coverage then is 10 % of the limit .


Input: What Are The Differences Between Medicare A And Medicare B?

Output: Medicare Part A is your hospital coverage . You have a per benefit period -LRB- per admission -RRB- deductible of $ 1184 -LRB- 2013 -RRB- before Medicare pays their portion . Medicare Part B is your doctor and outpatient coverage . Part B has an annual deductible of $ 147 -LRB- 2013 -RRB- and then Medicare pays 80 % of the approved amount , you are responsible for the balance .


Input: Who Is Exempt From Purchasing Health Insurance?

Output: Most everyone is required to have an approved health insurance plan under Obamacare provisions , but there are exceptions to the mandate . Churches and religious institutions are exempt from the employer mandate . Illegal immigrants , those who are in prison and members of Native American -LRB- American Indian -RRB- tribes are also exempt from the mandate .


Input: Who Is Exempt From Purchasing Health Insurance?

Output: With implementation of the Affordable Care Act , everyone is required to carry health insurance . This could be as part of an employer or other group or on an individual level . Medicare recipients already have compliant coverage . If you qualify for Medicaid you will have compliant coverage . If you do not pay taxes you may be able to sneak through the cracks , but for the most part be prepared to either buy health insurance or be ready to pay a tax penalty .


Input: Insurance Totaled My Car Can I Keep It?

Output: As a part of the settlement of your claim , you can request to keep your car . The company will probably reduce the amount that they will pay you but you would then have the car . If the car is repaired and passes your state inspections it would be given a salvaged title . Many insurance companies will not provide comprehensive or collision coverage for a car with this impaired title , however liability insurance should be readily available .


Input: Insurance Totaled My Car Can I Keep It?

Output: If your car is totaled , and the insurance company releases it to you , you can keep the vehicle . However , many times , after you receive the settlement check , the insurer takes possession of the vehicle and then they have the right to sell or do whatever they want wit that vehicle . That is , the choice is not yours any more .


Input: Insurance Totaled My Car Can I Keep It?

Output: Great question ! Like David said , you can agree to keep the car , I did once , as the insurance companies idea of totaled did n't match mine . I had the car repaired for less than what they had paid me in the settlement , and I drove it for many years afterwards . That said , I 'm not sure that today 's cars are built as sturdily as they were in `` the good old days '' of my youth . Thanks for asking !


Input: Can An Auto Insurance Company Deny Coverage?

Output: If you do not meet the standards of the carrier that you are applying for auto insurance coverage from , yes they could potentially deny providing you coverage . Depending on your claims history , MVR record , and credit rating to name a few of the factors used to determine a rate for auto insurance coverage you could potentially be declined by many carriers and forced to purchase coverage through your states program .


Input: What Is Yearly Insurance On A Home?

Output: Most homeowners policies have an annual term and premium . Since each home is unique , each homeowners policy is also unique . The location , value , condition and fire rating of a home give four of the criteria used to develop the premium .


Input: Does Homeowners Insurance Cover Vacant Homes?

Output: Usually not . A Homeowners Insurance policy will cover a home so long as it is your primary residence and is fully occupied . Those are two very important provisions that can be found throughout the industry . If for whatever reason a house is left vacant andsomething happens , then because those two provisions are no longer met , the insurance company can certainly deny coverage .


Input: Can Someone With Cancer Get Health Insurance?

Output: If someone is accessing health insurance as part of a group plan through an employer they should have no problem getting health insurance despite having cancer . If the individual purchases individual health insurance on his or her own and has not lapsed that coverage and is seeking new or different coverage , the individual should be able to get that new coverage as long as there is no lapse in their coverage .


Input: What Is The Average Personal Property Coverage For Renters Insurance?

Output: If the rental is a basic 2 bedroom apartment , the personal property limit is typically $ 10,000 - $ 15,000 . That would be sufficient to cover the furniture for the den , kitchen , and two bedrooms as well as your decorative furnishings and personal items . However , if the rental is a larger apartment , condo , or house the limit could go up significantly .


Input: Do Annuities Make Money?

Output: Tax deferred annuities have three crediting methods : interest rate crediting , indexed crediting and separate sub account crediting . Historical returns are no guarantee of future performance , but each crediting method over long periods of time has made money . Keep in mind that indexed annuities may credited zero and variable annuities separate sub accounts can lose money like any security product .


Input: Can You Borrow From Supplemental Life Insurance?

Output: If you have cash value life insurance that has accumulated surrender values , then you can borrow money from your policy or -LRB- withdraw basis , generally after the 15th year of the policy . -RRB- All cash value life insurance policies have loan provisions that assess an interest rate charge : zero net cost loans , wash loans , spread loans , direct recognition loan and participation loans . Policy loans have two sets of rates : fixed and variable and are prices at current company practice and contractual guarantees .


Input: Which Medicare Part B Plan Is Best?

Output: The government originally established Medicare with two parts . Part A to cover hospitals and part B to cover outpatient services . Both of these are administered by the Medicare -LRB- CMS -RRB- and there is no choice of coverage . Later Part D was initiated to cover prescriptions . These plans called PDP 's are administered by private insurance companies . Part C , Medicare Advantage Plans are plans that are administered by private insurance companies instead of Medicare . As far as which plan is best , that will depend on your individual situation ; where you live , what doctors and hospitals you go to , do you travel outside the area a lot , what your prescriptions are , and other factors . Find a good independent agent who represents most of the Medicare plans in your area and have the agent help you with your choice . You can also find information at Medicare.Gov .


Input: Which Medicare Part B Plan Is Best?

Output: There is Medicare Part B and Medicare Supplement Plan B. Medicare Part B is provided by the Federal government . Medicare Supplement Plan B is offered by insurance companies . Part B of Medicare covers doctor office and outpatient visits . Medicare Supplement Plan B provides coverage for some of the cost Medicare does not pay for when you to the doctor or hospital -LRB- deductibles , co -- insurance and co-pays .


Input: Which Medicare Part B Plan Is Best?

Output: The best Medicare Part B plan is the one that meets your needs and budget . Medicare supplement plans , also known as Medigap , are designed to pay the `` gaps '' left after Medicare Part A and Part B pay their portion . Your confusion is common . Medicare Part B is original Medicare . Supplement plans are policies issued by insurance carriers .


Input: Can I Get Medicare If I Haven'T Worked?

Output: If you are 65 or older , you can get Medicare Part A if you have n't worked , as long as your spouse or divorced spouse has worked enough hours to receive Medicare , and if your spouse or divorced spouse is at least age 62 . Also , you can get Medicare if you get Social Security . Getting Social Security benefits only requires a 10 year work history for you or a spouse , or less if the employed spouse dies at a very young age . There are some other caveats dealing with SSDI , railroad , kidney failure and more . See WEBSITELINK for more details .


Input: What Are The Best Auto And Home Insurance Companies?

Output: The best insurance company is the one whose policy is in force and pays a claim to the maximum extent possible . This policy is sold by a trusted insurance agent . The trusted insurance agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . The most important thing that the agent will do is help you select appropriate limits . If the limits are inadequate you will not be pleased when you have a claim .


Input: What Are The Best Auto And Home Insurance Companies?

Output: The best auto and home insurance companies will vary , depending on where you live , the types of vehicles you drive , and the value of your home . There are many low-cost options and the best way to find them -LRB- at no cost to you -RRB- is through an experienced broker and their reputable website . Typically , it takes only a few minutes to provide the best prices for a consumer 's auto and home policies . Live answer provided by E. Harris - Auto and Home insurance broker for 33 years and owner of top-ranked website .


Input: Does State Farm Have Disability Insurance?

Output: State Farm does have Disability Insurance that it offers for purchase . Their plans include regular Disability Insurance that pays a benefit to the disabled person to be used as they wish , which State Farm calls Disability Income Insurance . State Farm also offers Mortgage Disability Income Insurance and Individual Credit Disability Income Insurance .


Input: Can A Self Employed Person Have A Roth 401K?

Output: That is an excellent question ! The answer is yes , you certainly can . You will be subject to the same rules as any other Roth , with the exception of not being able to contribute more than your compensation . So if you pay yourself a dollar as your salary , then you would not be able to contribute more than that dollar . Another thought would be a Roth 401k , which has higher contribution levels , as well as 3 % of your companies profits . I hope that helps , thanks for asking !


Input: What Long Term Care Insurance Is The Best?

Output: Your health and policy design aresignificantfactors in selecting the best coverage for you . There are not many long term care insurance companies remaining in the market , but those who left are are solid carriers , Each carrier presents policy provisions with their own proprietary definitions and benefits that may favor one carrier over another . But from an overall perspective , Genworth is one of the top long term care insurance companies .


Input: Where Can I Invest In Annuities?

Output: Investing in annuities has become very popular over the last decade . There are many types of annuities -LRB- fixed , variable , immediate etc. . . -RRB- so it is critical to find the insurers that are the safest and give you a policy that is suitable to your needs . A full-time broker or financial planner that is active in the business is your best resource . The more experience they have is a bonus amd they can shop and explain your best options .


Input: How Is Aviva Life Insurance Company Rated?

Output: Aviva Life & Annuity Companyis rated by A.M. Best A - -LRB- 4 -RRB- Standard & Poors A - -LRB- 7 -RRB- and Comdex 62 .


Input: Does Renters Insurance Include Flood?

Output: No , flooding is not covered under renters or homeowners policies . If you need or want flood coverage this is typically sold as separate policy . Most agents that sell homeowners insurance also have avenues available to purchase flood insurance . Contact your local agent to find out more about the pricing and availability of this coverage in your area .


Input: Does Renters Insurance Include Flood?

Output: A flood which isdefinedby FEMA WEBSITELINK s not covered by renters insurance or any property insurance for that matter . Aseparateflood policy must be purchased to protect yourself from this peril . However if a pipe bursts in the home or water overflows from a tub or sink there may be coverage . Talk to your local agent about specifcoverageof your renters policy .


Input: Does Renters Insurance Include Flood?

Output: Flood is a peril that is specifically excluded under a renters policy . Flood is generally caused by inundation of rain , tidal water or mudslide . If you had a pipe burst in your unit that would likely be covered if you had an ISO form HO-4 Renters policy . Keep in mind that there are limitations on expensive items such as jewelry , money & securities , fine arts etc. .


Input: What Are The Deductibles For Medicare Part A And B?

Output: In 2013 , the deductible for Medicare Part B is $ 147/year . This is adjusted upward for those with higher incomes , based on income . The Part A inpatient deductible is $ 1,184 for each 60 day benefit period . A benefit period starts the day the person is admitted to the hospital and ends when they have been out of the hospital for 60 days in a row .


Input: What Is The Arkansas Law On Domestic Partner And Health Insurance?

Output: Arkansas does not recognize martial-type rights for domestic partners , who are not allowed to marry in the state , but are allowed to live together as cohabitants of a shared residents . With such a union not being recognized by the state , there is no requirement in Arkansas to compel an insurance company to allow the addition of a domestic partner to a health policy .


Input: Does Health Insurance Cover Tubal Reversal?

Output: Most health insurance programs will not cover the reversal of any voluntary sterilizations . You may have to pay for the procedure out of pocket . The expenses are tax deductible , which may reduce the total net expense . IVF is a frequent alternative to tubal reversal , and is sometimes covered by insurance . Eight states have mandates requiring certain plans to cover IVF expenses . Your other alternative is to purchase a plan with a higher actuarial value -LRB- platinum or gold plan -RRB- . That way more of your pregnancy-related health care will be covered . In addition , you should purchase short term disability to replace income during maternity leave . This needs to start prior to conception .


Input: When Will Medicare Cover Skilled Care?

Output: Medicare will cover skilled care when : 1 -RRB- The facility providing the skilled care is Medicare certified . 2 -RRB- You have Medicare Part A and there are remaining days in your benefit period . 3 -RRB- You have stayed in the hospital three consecutive days for the same condition which requires you to receive skilled care . 4 -RRB- Your skilled care must generally be received within 30 days of your hospital stay . If you stop receiving skilled care and then need it again within 30 days , you should not need to have another three day hospital stay to qualify . 5 -RRB- Your care is ordered by a Medicare approved doctor and reasonable for your diagnosis . Medicare will cover skilled care meeting the above conditions , in full , for the first 20 days . After that , a co-pay is required up to day 100 , when Medicare no longer covers the cost of receiving skilled care .


Input: How Much Will My Home Insurance Cost?

Output: There are many variables on what your home policy will cost . Depending on your state and what carriers you use . Also the value of your home and what it cost to replace it in the event of a total lost . I recommend that you talk to an agent and get a replacement cost value ran on your home this is not the same as an appraisal for you home when it comes to the purchase of a home . many time that has the land valued included and then you are purchasing insurance based on a value that is not correct . Most any agency can run a true replacement value on your home for free


Input: Does Everyone Have Health Insurance Now?

Output: Currently 85 - 90 % of the population is covered by health insurance . About a third of the population has Medicare or Medicaid as their primary coverage . The rest are covered by an employer plan or individually owned health insurance . Starting in 2014 most everyone will be required to purchase health insurance if they are covered by a government or employer plan .


Input: Does Walmart Have Life Insurance On Their Employees?

Output: I believe at one time Walmart did have all of it 's employees covered by small life policies with Walmart as the beneficiary . When this program came to public light , Walmart received very negative publlicity and attention from the Federal government . The rules have since changed and an employeee must now consent to being insured .


Input: Does Metlife Do Drug Testing For Life Insurance?

Output: MetLife offers life insurance that does drug test , and it also offers nonmed life insurance that does not drug test . The applications for both types of policies will ask if there has been illegal drug use in the past . One policy does a blood test and urine test , while the other just goes by what is on the application , which must be filled out honestly to prevent insurance fraud .


Input: What Is Imputed Life Insurance?

Output: Employer provided life insurance is taxable to the employee except that the first $ 50,000 of coverage is free of tax . Amounts provided above $ 50,000 of coverage 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: What Is Imputed Life Insurance?

Output: Life insurance may be taxable in a group benefit plan with term or more employees . If the employer pays part or all of the life insurance premium , the employee pays an imputed tax for the economic benefit . Its important to weigh the tax ramifications of an employer subsidized benefit if youre healthy . It may be better to select another benefit and purchase life insurance outside of the group benefit package .


Input: Is Cobra Health Insurance Good?

Output: In simple terms , a COBRA health insurance is a short-term continuation of the exact same group health plan you had with your employer prior to termination from that job . So , if you liked the coverage provided by the plan prior to termination , you will still like the coverage provided by the plan under COBRA administration because it is the same plan . What you may not like is the cost under COBRA administration . Many people incorrectly assume that COBRA rates are excessively higher than the rates you paid while employed . This is incorrect . By law , your insurance rates under COBRA can not exceed 102 % of the rate you were paying before termination . So , why does the COBRA premium seem so much higher than the premium prior to termination ? The answer is your employer 's contribution to your health insurance . While you were employed , your employer was definitely paying a portion of yours , the employee 's , health insurance premium . If you worked for a `` benefits rich '' employer , they may have been paying all your premium and even contributing some to your dependents ' coverage . Under COBRA , the employer no longer is responsible to contribute anything to your health insurance premium . You are therefore responsible for 100 % of your portion of the premium as well as that of your dependents . That is why the COBRA cost is more than you were seeing while employed . So , the real question then becomes is it cheaper for me to continue with my current group health plan under COBRA , or is there a better alternative in the personal health insurance marketplace . The only way to answer that question is to solicit quotes from personal health insurers .


Input: What Is A Qualified Retirement Plan Example?

Output: There are many qualified retirement plans , but the most recognizable is the defined contribution plan under ERISA -LRB- Employee Retirement Income Security Act 1974 -RRB- called a 401 -LRB- k -RRB- . 410 -LRB- k -RRB- allows tax deductible contributions and tax deferred accumulations . The distributions are taxed as ordinary income and are used as a calculation for Social Security benefit taxation .


Input: What Is A Qualified Retirement Plan Example?

Output: A Qualified Retirement Plan simply means it is a `` qualified '' account as defined by the Internal Revenue Service . A qualified account simply means there are limitations to the contributions and rules to when you can take the monies out without getting a penalty . A Qualified Retirement Plan can be an IRA , Individual Retirement Account or a 401 -LRB- k -RRB- offered through your employer . A Roth IRA is a Qualified Retirement Plan . There are other qualified plans out there as well however the plans I have mentioned are the most popular . Seek your broker/adviser for more information and to talk about which plan you should focus on or have available to you .


Input: What Is The Cost Of Cancer Insurance?

Output: Like all insurance cover it depends on your age , health , gender and medical history . The cost for most cancer policies is relatively inexpensive . A better consideration may be critical illness insurance that covers cancer and other diseases like heart or stroke . Critical illness riders can also be purchased on life insurance policies .


Input: What Is The Cost Of Cancer Insurance?

Output: It depends on the policy and amount of coverage . Cancer plans are usually very affordable . I like critical illness plans better . A critical illness plan can include cancer bu it also covers things like heart attack , stroke , and other critical illnesses that can be devastating to a person , even f they have health insurance . The cost is not much greater .


Input: How Much Is Life Insurance For A 21 Year Old?

Output: Obtaining life insurance depends on your gender , age , smoking status , health history and current medical condition ? It may also depend on the amount of benefit youre seeking . For a nonsmoking male or female with the top health classification seeking $ 100,000 in coverage for ten years term life insurance , the premium will be around $ 80 annually .


Input: How Much Is Life Insurance For A 21 Year Old?

Output: How much is life insurance for a 21 year old ? The amount of premium depends on several different factors . These factors are basically the same for any person at any age . It depends on the type of life insurance you are buying . Term insurance is generally cheaper for the term of the contract . However , once that term has expired the premiums usually increase . Whole-life insurance offers premiums that will not increase for the life of the insured as long as all premiums are kept current , as well as any other conditions of the contract . This allows for the young person to budget for the premiums over the course of the life of the insured . Whole-life insurance takes a little longer to mature . Therefore , just about the time the term insurance is about to run the course of the policy the whole-life insurance should be maturing . A good combination of these products covers the short-term needs , as well as , the long-term needs . There are also universal life policies to be considered . These products offer flexible premium amounts . Fixed annuities are considered a form of life insurance and these are beneficial for retirement . All of these products are great for the young person to consider and each has its advantages and disadvantages . Therefore , a well-balanced portfolio is essential so you can make use of all the advantages offered and limit the disadvantages of each product . In addition to the type of insurance you are purchasing , your gender , health , tobacco use or non-use , recent hospitalizations and sometimes your hobbies and career etc. will all be considered when calculating the premiums .


Input: Can Car Insurance Be Retroactive?

Output: Absolutely not ! It is illegal and an agent could lose his license and contract with a company if he would backdate a car insurance policy . The only reasons for backdating a policy would be to either cover an accident or to provide proof of insurance for a specific time frame . Otherwise , why pay for something you did not use ?


Input: How Do I Change My Homeowners Insurance?

Output: You can change your home owners policy at any time you wish to compare the policy you have with a company or companies of your choice and you should be aware that the `` refund '' you receive if you are cancelling before maturity is based on the `` short rate '' - in other words the insurance company is going to keep more than they have earned . Therefore you may be smart to wait until maturity of your cureent policy but begin comparing at least 30 days in advance and make the decision to what company you are going to change to match the dates of your cxurrent policy


Input: Does Comprehensive Auto Insurance Cover Uninsured Motorist?

Output: No . Comprehensive insurance is not the same as uninsured motorist coverage . Comprehensive insurance provides coverage for acts of vandilism , theft , and acts of nature typically . Uninsured motorist coverage is an optional coverage in some states and provides coverage for an accident where you are not at fault and the at fault part does not have insurance coverage .


Input: If I Scratch My Car Will The Insurance Cover The Repair?

Output: Maybe . There are several sections to an auto policy . Your insurance policy will have at least one of the sections but will not necessarily have all of them . Section V in most policies describes the coverage for physical damage . A scratch on your car is physical damage . This is further divided into Comprehensive coverage which would address your scratch if the vehicle was not in a collision . The other coverage is collision . Your policy may have comprehensive but not collision insurance , or the reverse . If you have physical damage coverage there will be a deductible identified which must be satisfied before the insurance company pays anything . These deductibles are not necessarily going to be equal .


Input: If I Scratch My Car Will The Insurance Cover The Repair?

Output: If you have comprehensive coverage -LRB- damage to your car , other than collision -RRB- then you have coverage to repair the scratch . However , it may not be wise to do so . For one thing , you will have a deductible that you will have to cover before the insurance company pays you anything . And insurance companies do n't like it when customers constantly file very small claims . Most likely your insurance company will raise your premium to cover the additional overhead of handling all over your small claims . It 's not uncommon for an insurance company to non-renew a policy for a customer that constantly files many small claims .


Input: If I Scratch My Car Will The Insurance Cover The Repair?

Output: Yes , if you scratch your car , your insurance will cover the repair however : you will have to pay the deductible first , this will be on your `` record '' with the insurance company , your rates could be adjusted , being raised due to the claim , and , do you have the right coverage which you can file the claim ? You need to consider what the cost is versus the consequences of reporting the damage . The may cover it as well depending on what they see .


Input: Can I Lower My Homeowners Insurance?

Output: This question is kind of vague . I am assuming that you are talking about your premium for your homeowners policy . The easiest way to lower the premium for your homeowners policy is to raise your deductible . Another way would be to shop your coverage with other carriers within your area .


Input: Does Skydiving Void My Life Insurance?

Output: It depends on the type of policy you have . Every company has different standards regarding sky diving . It also depends if you told the truth on your application , there is usually a section that asks if you participate or plan to participate in dangerous activities such as sky diving . You need to sit down with your agent and discuss the details of whichever policy you took out . But yes , it can be voided . You need to take out a policy that allows it but you will pay a standard rate which is higher than a preferred premium . If you are a frequent jumper , there is special insurance called skydivers insurance you can buy as well .


Input: Does Skydiving Void My Life Insurance?

Output: If you had no plans to become a skydiver when you took out a medically underwritten life insurance policy , then took up that hobby later in life , no , skydiving would not void your policy . If you were a skydiver when you took out your policy , noted it on your application , and purchased a policy that covered it , skydiving would not void your policy . If you took out a simplified or guaranteed issue policy that did not ask about skydiving , your policy would not be voided by skydiving , either . The only way it might be voided is is you lied about skydiving on your application , then died from a skydiving accident .


Input: Can I Claim Blood Tests On Medicare?

Output: Blood tests are covered under Medicare as long as they are medically necessary and prescribed by your doctor . This would fall under Part B of Medicare and unless you have a Medicare Supplement or Medicare Advantage Plan then you would be responsible for 20 % of the Medicare approved cost .


Input: Does Home Insurance Cover Busted Pipes?

Output: Yes , no and maybe ! Water damage subsequent to a pipe break is typically a covered loss . What was the cause of the pipe break ? If freezing was the cause of the loss the repair of the pipe is likely to be covered as well . If there was no apparent cause of the break , for example a defect in the pipe , then the actual repair of the pipe would not e covered . A home is generally the largest purchase most of us make . It would be wise to sit down with an insurance professional to review your needs and wants , and the limitations inherent in homeowners insurance .


Input: Does Home Insurance Cover Busted Pipes?

Output: A homeowners policy pays for damage caused by specified perils . The damage caused by a burst pipe would be covered and should be dealt with swiftly . The repair of the pipe would not be covered unless it was caused by one of the specified perils , for example explosion . Water damage is a very sensitive matter and should be handled with greatest speed .


Input: Does Home Insurance Cover Busted Pipes?

Output: Typically , homeowner 's insurance policies cover a wide range of claims , such as fire and theft , vandalism , liability , wind , hail and much much more . However , `` wear and tear '' is not an item that can be covered under this type of policy . Therefore , assuming your pipes burst due to wear and tear , it would not be covered . On older homes , this is possible although it is unlikely if the pipes are fairly new . However , if the water damage originates from inside of your home , resulting in pipe damage , there 's a good chance the insurer will pay for that , subject to deductible and policy limitations and exclusions .


Input: How Much Life Insurance Do I Need According To Clark Howard?

Output: Clark Howard goes along with the general theory that you need 10 to 20 times your income with term life insurance . Most radio personalities that give financial advice have to be very generic and not deal with specifics or they would bore everyone to death . Suze Orman , Clark Howard and Dave Ramsey are all popular personalities that agree on this point .


Input: How Much Life Insurance Do I Need According To Clark Howard?

Output: Should n't you be asking Clark on this one ? ;-RRB- While I have heard the name and understand this particular financial guru is n't bad , as an agent with 25 years experience why would I follow anybody ? I would be more afraid of working with someone who does not use their own mind or ca n't form their own opinions , even if they are similar to this year 's guru . You want an agent who understands and more importantly can explain to you what they recommend and why . While I could call myself a financial advisor , I still choose agent . Maybe it was when I visited my bank to make a deposit and the bank teller 's name tag had `` financial advisor '' on it that I stopped worrying too much about titles .


Input: I am a non driver and need a truck for my work, I would like to insure my helper to drive for me any problems?

Output: If you are insuring a vehicle for your business you can write the business auto policy and list your employee or employees as a drivers . You have the ability to exclude yourself from the policy . But keep in mind , this would mean you can not drive the vehicle at anytime as you yourself would then be un-insured .


Input: I am a non driver and need a truck for my work, I would like to insure my helper to drive for me any problems?

Output: Great question ! As long as the vehicle is insured as a need for your business , you can list your employees on the policy . Their driving records will play a big part in the cost , and be aware that you can not legally drive this vehicle and if you were to be involved in an accident it would get ugly real quick . Thanks for asking !


Input: I am a non driver and need a truck for my work, I would like to insure my helper to drive for me any problems?

Output: It should not be a problem . You will need a commercial auto insurance policy . The rate will be dependent to some extent on the driving record of your helper . If you are a non-driver as the result of prior driving record the rate could also be affected . If you are a non-driver as the result of disability or never having been licensed , there would be no adverse affect on the rate .


Input: Who Does Medicare A Cover?

Output: Medicare A covers persons who are in need of hospitalization , skilled nursing care up to a certain number of days , hospice care , or home health care . The person must be at least 65 years old and have paid Social Security taxes for at least 10 years to get Medicare Part A . There are also several other way people can get Medicare . See www.medicare.gov for more details on what and who Medicare A covers .


Input: How Much Does A Term Life Insurance Cost?

Output: Not much!Typically , term life insurance is the cheapest form of coverage since there is a fixed term of guaranteed premiums and death benefit and no cash value . For example , a 30-year old male in perfect health could purchase a $ 250,000 policy -LRB- 10 years -RRB- for under $ 10 per month . Wow ! That is cheap ! Naturally , age and health condition heavily impact the prices .


Input: At What Age Can You Collect Medicare?

Output: You can collect Medicare Part A and Part B at age 65 if you or your spouse has paid Medicare taxes for at least 40 quarters . You can collect Medicare under age 65 if you have been receiving Social Security Disability benefits for 24 months , and in several other circumstances .


Input: Is Home Insurance Deductible From Taxes?

Output: That is really a question for your tax accountant/preparer . Based on my own knowledge , education , and experience in the field so far , I would have to say for the average consumer homeowners insurance premiums are not a deductible for their taxes . There may be instances where it is , but the tax laws change from year to year and each persons situation is different .


Input: What Happens If My Home Insurance Lapses?

Output: If your home insurance lapses because of non-payment of premium , you will be notified that all coverage ceases and that the policy is no longer valid . If you have a mortgage , the mortgage company will receive the same information . The mortgage company has the right to order coverage to protect their interests and do so without regard to your desires . Aside from the issue of money , the worst thing is that a claim might occur and you would be bare . There wouldnt be anyone to stand with you in a lawsuit , there wouldnt be anyone to repair your damaged home or replace your personal property . It could be an extremely costly omission .


Input: Is Geico Renters Insurance Good?

Output: Geico does not actually insure Renters or Homeowners . Geico partners with other insurance companies like Travelers and ASI who provide the insurance . Geico claims to cut out the middle man but that 's simply not true . Geico is an independent agency just like every local agency in your community . Geico just spends a tremendous amount of money to convince the public they are the cheapest and the best . It 's simple not true .


Input: Does Taking Xanax Affect Life Insurance?

Output: Yes , taking Xanax can affect life insurance premiums , but it depends on the reason for the Xanax -LRB- medical diagnosis -RRB- , frequency and dosage , and whether anxiety has a significant effect on one 's quality of life . If the diagnosis is periodic anxiety , using Xanax prn , and the applicant is able to hold down a full time job , the impact on life insurance rates will be slight .


Input: Does Taking Xanax Affect Life Insurance?

Output: With any medication related to life insurance underwriting , it is more of the affliction than the medication . Xanax is used for a variety of anxiety issues . Mild anxiety with mild occasional situational attacks could still be a standard issue versus severe panic attacks that can require immediate medical attention can lead to a decline of life insurance . Use an experienced independent life insurance broker to help you shop underwriters in order to find you the best deal in your life insurance needs .


Input: When Do I Need To Apply For Medicare?

Output: You should apply for Medicare in the seven months surrounding your 65th birthday -LRB- three months before your birthday month , the month of your birthday , or in the three months after your birthday month -RRB- . However , if you miss that , there are open enrollment periods where you can apply after age 65 .


Input: How Much Extra Is Homeowners Insurance With A Pool?

Output: The extra cost on a homeowner 's insurance policy for a pool can vary . Underwriting guidelines dictate whether an insurer will offer coverage -LRB- most do , if you meet guidelines -RRB- and the extra cost -LRB- if any -RRB- . Typically , it may not cost that much more , although you should increase your liability limits to at least $ 300,000 .


Input: Does Health Insurance Cover Chiropractic Care?

Output: Many Health Insurance companies will cover spinal manipulation and x-rays done by Chiropractors . Some other services offered by Chiropractors such as Nutritional Counseling or other services may not be covered . You need to check your policy or call your agent to see what your policy covers when it comes to Chiropractic .


Input: Do You Need Life Insurance When You Get A Mortgage?

Output: Yes ! Life insurance is a financial tool that has many uses . One of those is to protect your loved ones and dependants from financial hardship resulting from your loss of life . I 'll put it this way : If something happens to you tomorrow who is going to pay the mortgage ? If your wife or other family members are n't able to make mortgage payments they may be forced to sell the home , which takes time . If it does n't sell fast enough they could lose the home all together . It is hard enough for your loved ones to go through your loss of life . It 's another thing all together to put them through financial hardship as well .


Input: Do You Need Life Insurance When You Get A Mortgage?

Output: While a good idea , it is not required by law to purchase a life insurance policy in order to get a mortgage . I assume what you are referring to is Mortgage Protection Insurance -LRB- MPI -RRB- , which would pay your beneficiary so that they could pay off your mortgage in the event of your death . This is not to be confused with Private Mortgage Insurance -LRB- PMI -RRB- which is required to protect the lender in case of foreclosure , and is a legitimate requirement for borrowers who can not put down over 19 % on a home . The Consumer Financial Protection Bureau announced a crackdown this month -LRB- April , 2013 -RRB- on mortgage insurers who give kickbacks to mortgage lenders in return for business . So do n't let your lender make you purchase mortgage insurance from a certain company in order to get a mortgage . If you do wish to protect your mortgage in the case of your death , buying a simple level Term policy is often the most cost effective solution .


Input: How Much Can I Make As A Life Insurance Agent?

Output: Life insurance agents typically make between $ 50,000 and $ 75,000 year . high end agents can make six figure income . The top and court of the table , an industry benchmark based on production , can make over $ 250,000 a year . Having a network of prospects can really jump start your career and there are career agencies that can help you accomplish it .


Input: Where To Verify Medicare Coverage?

Output: To verify your enrollment and the Plan -LRB- s -RRB- you have with Medicare , you can visit www.Medicare.gov . The secure website will allow you to access to your enrollment information . On the Medicare.gov homepage , click the button that says SIGN UP / CHANGE PLANS and then select Check Your Enrollment from the menu . Have your Medicare card available and enter the following information into the data fields . Zip Code Medicare Number Last Name Effective Date for Part A Date of Birth After entering your information , press Continue . Medicare.gov will provide you with the Plan -LRB- s -RRB- you are currently enrolled in . If you need additional information not provided by the website , you can always call 1-800-MEDICARE to verify your coverage .


Input: What Is Monumental Life Insurance?

Output: Monumental Life Insurance is based in Baltimore , Maryland and was founded in 1858 . The first life insurance company in Maryland , Monumental is currently a member of the Aegon Insurance Group . The company offers life insurance and supplemental health products to its clients . As of this writing , its A.M. Best rating is A + .


Input: What Is Monumental Life Insurance?

Output: Monumental Life Insurance Co. is an A + rated life insurance and supplemental insurance company out of Baltimore , Maryland . They are owned by Aegon , one of the largest insurance groups in the world out of the Netherlands . Monumental Life and it 's sister company Transamerica focus on a variety of life insurance , but Monumental 's niche market seems to be affordable whole life insurance and final expense life insurance for seniors . Monumental Life has an endorsement from AARP to market senior life products .


Input: How Many Americans Have Life Insurance?

Output: If you do n't include group life insurance , less than 40 % of eligible Americans have any coverage , not to mention inadequate coverage . Surprisingly , the American consumer no little to nothing about life insurance . This is a poor reflection on the industry at large because life insurance is an important part of defensive planning .


Input: Does Congress Have Special Health Insurance?

Output: In 1959 , Congress passed the Federal Employees Health Benefits Act -LRB- FEHBA -RRB- . Its primary purpose was to attract & retain talented personnel to compete with the private sector . It is made available to both active & retired workers . Congress participates in the FEBHA . Currently , the FEBHA offers about 300 different plans with a `` defined contribution '' approach ; wherethe better the benefits the more the cost to the employee . The plans are definitely better than private sector insurance and where the private sector has virtually eliminated retiree benefits , the FEBHA has not . So , member of congress that serves just one term would be eligible for the benefits for remainder of his/her life . It is not necessarily special to them , but it is different and probably a much better plan than the average American would have access to plus it can be carried throughout the retirement years .


Input: Can My Landlord Require Renters Insurance?

Output: Yes he can . Many are starting to do so . It provides extra protection for a landlord in the event of lawsuit . A landlord has the right to put in any clause he would like in a lease as long as it is legal and non-discriminatory . I advise carrying renters insuranceanywayto protect yourself and your belongings .


Input: What Kind Of Retirement Plan Is Psers?

Output: What kind of retirement plan is a PSERS ? While not familiar with the letters as they may be different in my state , I will assume you are asking about PERS ? PERS is short for the Public Employees Retirement System . It is the pension plan in my state for our public school teachers and has several versions . The first PERS1 was created in 1947 and closed in 1977 . The second PERSII was created in 1977 and closed around 2000 . PERS III is currently in effect and may close in the next few years as legislature moves to reduce their liability to employees for retirement . When these plans close , they do not end , they just stop taking new participants . The state does not lose their obligation to employees and retirees in these plans .


Input: Can I Contribute To An IRA If I Have A Retirement Plan At Work?

Output: Depending upon what your employer sponsored plan it is , i.e. if its a qualified plan the answer is no . But make sure your maximizing the contribution if its a 401 -LRB- k -RRB- and especially if your employer is matching your contribution in any way . If youre married , take advantage of their ability to contribute as well . Even non-working spouses can contribute to their retirement .


Input: How Does Universal Life Insurance Work?

Output: Universal Life Insurance is a cross between Term insurance and Whole life insurance . Term insurance offers pure protection at the least expensive price . Whole life offers permanent coverage and has cash accumulation . Universal life is priced by term insurance to cover the insurance protection and has a separate cash accumulation account which not only builds value but allows the policy to extend for a lifetime . It is a great policy that helps many people .


Input: How Does Universal Life Insurance Work?

Output: I 'll add a bit to what Jeff has said because he made a very important point about Universal Life , that it 's a hybrid of whole life and term . Both whole life and Universal Life build cash value and have a separate portion that 's purely death benefit , but they differ greatly in how they operate internally . I 'll follow with explaining this difference . I 'm going to speak somewhat generally , so do n't kill me if a particular company 's product behaves a little differently . Whole Life - The internal cost of insurance is averaged over your life expectancy and stays the same year after year . Therefore , every year , the same amount of money goes toward the cost of insurance . The remainder goes to the cash account which grows by the insurance company adding money , or dividends , to the account . These dividends are set by the company based on the performance of it 's investments . It can change every year but most companies will guarantee a certain dividend . Premiums are level throughout the life of the policy and , if you pay your premium , your policy is guaranteed to be there for you . Universal Life - The internal cost of insurance increases every year based on your age just like term insurance does . The remainder goes into a cash account that the insurance company adds to as interest . This interest rate is also tied to the performance of their investments and will change from year to year . This means that , at the beginning of the policy , the internal cost of insurance is the lowest it will ever be and will increase every year . Premiums are flexible with a minimum amount due to cover expenses and the cost of insurance . Remainder goes into the cash account . There good and bad with both . With Whole life , your premiums will usually start out higher than with Universal , but they 'll never change and your policy is guaranteed to be there as long as you pay the premium . With Universal Life , the minimum premium will be much lower at inception but will increase every year as the cost insurance rises . This makes it extremely important to pay a target premium or more with universal life . That way , more money goes into the cash account to earn interest and offset cost of insurance increases as you get older . You can put more into the cash account and , therefore , it can grow more quickly , but there 's a flip side to that also . if you underfund it , the increasing cost of insurance can eat up all the cash value in later years and leave you with no cash and no death benefit . Be smart . Find an agent you can trust and go through the entire process so he/she can put together the right program for you and your family .


Input: How Does Universal Life Insurance Work?

Output: Universal Life is also known as Flexible Premium Adjustable Life - this is the official name of this type of product . It describes in a simple way how the product works . Premiums are flexible because that can be adjusted upward or downward . You can also skip premiums . You also have a choice of level or increasing death benefit which describes the adjustable nature of the product . Universal life builds cash value that can grow based on a stated fixed interest rate , which may vary over time , but which will never be less than a guaranteed minimum interest rate . Policy costs for administrative expenses and cost of insurance are deducted from the cash value monthly . Universal life is best suited to satisfy the longer-term needs of policyowners who want premium flexibility and cash value accumulations that reflect current fixed interest rate returns , with a guaranteed minimum interest rate .


Input: Much Does A Life Insurance Broker Make?

Output: Because most life insurance brokers make their living off of commission rather than being paid a salary , there is a big range in what brokers earn . Obviously , the more erudite , experienced and established a broker is , the greater their potential for making a higher wage . However , expenses and industry trends can take a toll on even the best of brokers . If a broker is resilient , gets some good breaks , and is persistent , they can make a good living . On the other hand , there is a trail of life insurance brokers who have needed to switch careers to meet their income needs . It just depends .


Input: Does Medicare Cover YMCA Membership?

Output: Medicare does not cover any type of gym membership , YMCA or otherwise . There are however some Medicare Advantage Plans that offer `` Silver Sneaker '' . Silver Sneakers will pay for your membership in the Y or some other facilities , depending on your area . The AARP United Healthcare Medicare Supplement also offers Silver Sneakers in some area 's .


Input: Does Medicare Cover YMCA Membership?

Output: No . Medicare does not pay for YMCA or any other gym membership . However , SOME Medicare health insurance plans DO offer gym memberships as an extra perk . It is common with many Medicare Advantage Plans -LRB- Medicare Part C -RRB- and some people who have original Medicare have a Silver Sneakers gym membership included in the price of their Medicare supplement .


Input: Can You Cancel Term Life Insurance?

Output: Absolutely , you can cancel your Term Life Insurance Policy . Just be aware of possible consequences . If you health has become worse , you may not be able to qualify for a policy , at least at a lower rate as when you are healthy . As you get older the rates will go up as well . Think carefully before cancelling a policy . If you are replacing this policy with another that provides more value , then be sure to wait for an approval you will accept before cancelling this .


Input: Can You Cancel Term Life Insurance?

Output: Yes , you can cancel Term life insurance by notifying the life insurance company or your agent that you want to cancel it , or by simply stopping payment of premiums . If you are paying by automatic withdrawal , you may want to formally cancel your policy so that you do not get a charge from your bank for dropping that automatic payment without notice . There is no surrender charge and no cash value returned when you cancel your policy . If paying your current premium has become a problem , you can look into reducing the face amount in order to bring down the premium . If you want something longer , you might look into converting your current Term policy into permanent coverage , especially if you have developed a health condition since you first took out your Term policy .


Input: Can You Cancel Term Life Insurance?

Output: Can you cancel your term life insurance ? Yes , you can cancel a term policy a couple of ways . First , simply let the insurance company know in writing that you wish to cancel . They will cancel on the date asked for or the date of receipt of the letter if no cancelation date is given . They will refund any premium unused . The second way is to let the premium lapse . Why would you do it this way ? Because it gives you a grace period to really be sure it 's what you want to do . I remember my first day in this business , there was a couple of people in the office crying in loud voices , `` but he did n't mean it '' . They were there trying to reinstate a policy that the owner had just cancelled and died like a week later . There was the letter from the insured , demanding his policy be cancelled on a certain date and it was . Unfortunately , he died a few days after .


Input: Can You Cancel Term Life Insurance?

Output: You can cancel term life insurance . But should you ? If you paid your term life insurance annually and you still have time left before the anniversary date , keep it . If you cancel your term life insurance , be advised youre canceling coverage . But is that wise ? If you have financial obligations and others who depend on you , term life insurance can provide the peace of mind and deliver economic help to those you love .


Input: What Is The Purpose Of Renters Insurance?

Output: Hello ! Renters insurance is a way to protect the value of your belongings , should something bad happen . It is a way to replace the things that are stolen or damaged during break-ins , or destroyed in fires , for example . Most people do not have the money to replace these things after such an event , and that is where the insurance comes in . Like with everything , there are a ton of choices , and if you need help , please hit the `` contact me '' button , and I 'd be happy to help you .