Input: Is Homeowners Insurance Included In Escrow?

Output: Most often the lender requires ` hazard insurance ' premiums be included in the escrow account . The borrower may request the insurance be added to an existing escrow account or one set up for the insurance premium but the untimate decision is up to the lender . Normally when establing escrow , the borrower pays the first year premium at closing and the escrow provider includes an additional monthly amount in the mortgage payments for the next 11 or 12 months so there is enough in the escrow account available to pay the renewal premium . What is critical here is for the borrower to keep their insurance carrier informed of any change in the lender 's or escrow servicing entity 's name , address , or account reference number . The borrower should also let the lender know of any changes to the insurance contract which raise or lower the premium . This would include an upcoming renewal premium that may be significantly higher -LRB- for various reasons -RRB- than the expiring premium . Many lenders want policies and documents to go to one address and bills to another -LRB- possibly the escrow servicing entity . -RRB- All borrowers must be cognizant of these items and proactive in notifying all interested parties . The last thing a borrower want is for their ` homeowners policy ' to be cancelled for non-payment because the escrow entity did n't receive the renewal bill so they could pay the renewal premium . Whenever you receive anything from an insurance company you have a policy with , make sure you understand what it is and take action immediately . In the event the policy is cancelled -LRB- for any reason or event -RRB- the lender will no doubt secure ` force placed ' hazard insurance to protect their interest -LRB- and not that of the borrower . -RRB- A forced placed policy will definitely be a lot more expensive premium-wise and a lot more restrictive coverage-wise . Not a good situation to be in and usually totally avoidable . So if a borrower enters this type of situation , they had better ` stay on top of it ' or suffer the consequences .


Input: How Much Does Bass Boat Insurance Cost?

Output: Boat Insurance is allot like auto insurance . In order quote you a rate we would need to know who the operators are and year make and model of the boat including it 's value . A bass boat in itself really is not much of any different then any recreational boat . One thing to consider on a bass boat are extras that may be installed like depth finders or fishing gear .


Input: What Does EE Mean In Health Insurance?

Output: With Group Health Insurance , when you see `` EE '' this typical refers to the Employee by themselves . A lot of group health insurance carriers structure their pricing and use the follwoing abreviations like this : EE - Employee Only ES - Employee / Spouse EC - Employee / Chid -LRB- ren -RRB- F - Family Somtimes you see it like this too , again with Ee refering to the employee : Individual Ee/Spouse Ee/Child Family


Input: What Is Accidental Life Insurance?

Output: Acccidental death policies -LRB- also known as AD&D or Accidental Death and Dismemberment -RRB- are a partial type of coverage that only pays out a death benefit under certain conditions . For example , if the insured dies in a car accident , the policy would payout the proceeds to the beneficiary . However , if the insured dies of an illness -LRB- e.g. a heart attack -RRB- , no proceeds will be paid to the beneficiary . This type of coverage can be extremely cheap , however , the risk of dying by accident is very nominal compared to the risk of dying by illness , especially as you get older . Traditional life insurance policies provide full coverage -LRB- paying out death benefit proceeds whether death occurs by illness or injury -RRB- . Full coverage policies feature higher premiums than AD&D policies , but are very affordable and the ability for the policy to pay proceeds in the event of death by illness is an essential benefit to have . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Is Accidental Life Insurance?

Output: Accidental Life Insurance does just what it sounds like . It protects you ONLY from accidents . Meaning if you die from an accident , your beneficiaries will recover . However , if you die of natural causes , it will not pay . Is that what you really want ? What are the odds of dying only from an accident , versus from natural causes ? I would urge you to consider a normal life insurance policy , which will pay your loved ones , regardless of the cause of your death . Thank you . GARY LANE .


Input: What Is Accidental Life Insurance?

Output: That is a great question ! Accidental death policies are an insurance companies version of the extended warranty . It 's probably a good idea to buy one , but most people will never have to use it , so it can be a waste of money . That said , if you do need it , it can be a big blessing . These policies pay when your death is the result of an accident , as strictly defined by the company . If you die from old age , natural causes , illness , a spider bite , or any disease , you do not get paid . Many insurance companies include this , and common carrier benefits to their life insurance policies to make them more attractive . I 'd suggest that you ask a trusted agent before purchasing one . Thanks for asking !


Input: What Is Accidental Life Insurance?

Output: Accidental death insurance is never a substitute for life insurance . It is a very limited policy that provides a death benefit if an insured dies by accidental means . This insurance is often attached to a credit card as a promotional item . The policy frequently provides benefits for dismemberment as well . Many auto policies can have accidental death insurance included at a small charge . The frequency of claims is quite low but the premium is also quite low .


Input: What To Do When You Have No Health Insurance?

Output: When you have no health insurance , you should contact an experienced broker -LRB- That 's what we ate here for ! -RRB- and allow them to find the most affordable plan for you . During Open Enrollment , you may be eligible for a large subsidy that can drastically reduce your rate . If you miss Open Enrollment , we can recommend several low-cost options .


Input: What To Do When You Have No Health Insurance?

Output: Under the affordable care act , you must have health insurance or you will be subject to paying a penalty . You can apply for coverage during the annual open enrollment period -LRB- or outside it if you qualify for a special enrollment period -RRB- . If you did n't have health insurance before the ACA went into full effect due to premium affordability , you may now be eligible for a subsidy that can be used to reduce your premiums . I would recommend talking to an experienced broker who can look at options from multiple companies to see which one will be most suitable to your needs and your budget . Please let me know if I can be of assistance .


Input: How Much Does Health Insurance Cost For A Small Business?

Output: Bob , great answer . In addition , most carriers require 50 % minimum employer contribution on behalf of the employee . No requirement for dependents . This variable contribution amount further clouds the cost of health insurance for small business . Depending on demographics of of the group , type of health plan offered , employer contribution amount , the cost to employee can be $ 0 to $ 300 .


Input: How Much Does Health Insurance Cost For A Small Business?

Output: The simple answer is , your question -LRB- as asked -RRB- can not be answered . Group health insurance plans have many variables that impact pricing . Your location , the type of business , age and gender of your employees , overall health of the covered individuals , and plan design are the most prominent factors in rate setting . In Atlanta , it is not uncommon to see employee only rates in the $ 300 - $ 400 per month range . Family rates can be 3 - 4x the employee rate .


Input: Why Don't People Get Health Insurance?

Output: Let me expound on your question ... Why do n't people get car insurance , or life insurance or long-term-care insurance ? Some people may believe they 're invulnerable , or that they ca n't afford the coverage , or they simply do n't want to think about it . My suggestion to those people is to NOT think about the day that you 're purchasing insurance , but instead think about the day that you NEED the insurance . What will happen if there 's a cancer diagnosis and you have no health insurance ? Or if you pass away leaving your family without the ability to pay the rent or get the kids through college ? Bottom line : In my opinion , there is NO good reason why people do n't buy health insurance .


Input: I Have Medical Insurance Do I Need Medicare?

Output: As you approach the age at which you are eligible for Medicare , the government will inform you of the date that Medicare will start . You can contact Medicare and ask them to delay your enrollment if you have health insurance provided by an employer . However , you must start it yourself when that insurance ceases . Many group insurance programs require that you have Medicare and often require that you have Medicare Part B.


Input: I Have Medical Insurance Do I Need Medicare?

Output: It is really a matter of what coverage you have with your medical insurance . Comparing your current coverage and out of pocket exposure to what is available with medicare and a supplemental plan would be the best way to determine which route it best for you . I find that if you are covered on a spouse 's plan and your premium is several hundred dollars per month and you have a considerable deductible , opting for medicare and a supplement may be a no brainer . Find a broker who can help you compare your options .


Input: Does Medicare Ever Cover Dental Services?

Output: Medicare does not cover routine dental services . Services such as checkups , cleanings , fillings , dentures , etc. will be covered by an individual dental insurance plan . If you 're receiving oral care in a hospital -LRB- e.g. surgery to repair a broken jaw , wiring it shut , etc. -RRB- , Medicare can cover the services provided .


Input: Does Medicare Ever Cover Dental Services?

Output: That is a great question , with an unfortunate answer . Medicare covers a lot of things , but dental is n't one of them . There are many places that you canpurchase a dental plan to go with it , butI 'd suggest the Affordable Care Act -LRB- Obamacare -RRB- site WEBSITELINK when open enrollment comes around , as the Act provides those who qualify -LRB- and many do -RRB- discounted insurance coverage . Thanks for asking !


Input: How To Appeal An Auto Insurance Claim Denial?

Output: The first step would be to contact your local agent and voice your concerns about the claim and explain why you believe that the claim is valid . They can then contact the claims department on your behave and try to help find an amicable solution for all regarding your claim .


Input: How Long Does It Take To Get Disability Insurance?

Output: It takes about as long to get Disability Insurance as it takes to get Life Insurance . The determining factors are usually the exam and medical records . Those two requests fulfilled quickly will speed the approval along . If you delay your exam and/or your doctor 's office does not provide medical records promptly , it could take several months before the policy is in effect .


Input: How Long Does It Take To Get Disability Insurance?

Output: The usual underwriting time period to purchase disability insurance is 4 to 8 weeks . The more prepared you are at the point of application the better . Have your two years of tax returns ready to give the agent and be prompt scheduling your paramed exam , sooner the better . It is always a good idea to call your physician 's office and ask them to be prompt when they receive the request for your medical records . These are the most common items that hold up a disability policy .


Input: How Long Does It Take To Get Disability Insurance?

Output: Applying for Disability Insurance is similar to applying for Life Insurance . You must complete and submit the application , take a free insurance exam , and wait for the underwriter to review everything to determine approval . If there are medical records that need to be ordered , the length of time it takes to get the Disability Insurance will depend partly on how long it takes the doctor 's office to provide medical records . If you are asking how long it takes to receive the benefit from a Disability Insurance policy , that depends on the elimination period chosen .


Input: How Much Does Health Insurance Cost An Employer?

Output: There is no simple answer to this question as rates will be unique for each employer group and will vary depending upon the size of your group -LRB- different rating approaches apply to groups with 50 or more employees than groups with 2 to 49 employees for instance -RRB- , the geographic location of your group , and the composition of your group -LRB- age being a big factor for group 's with less than 50 employees . The funding approach an employer uses will also have a dramatic impact on how much health insurance will cost an employer -LRB- self-funding versus fully insured plans -RRB- . With the substantial rate increases many small groups are seeing in the wake of the health care reform law 's requirements more small groups are moving to a self-funded platform . As you can tell , this is a complex issue and there are many factors that need to be considered . If you need assistance in determining what the best course of action will be for your company please feel free to contact me for a free consultation .


Input: Where Do I Buy Disability Insurance?

Output: There are several online brokerage firms that sell disability insurance through a variety of insurance companies . Most of these outlets can display a comparison spreadsheet with side by side contractual provisions to help you determine which policy is best for you and the premium cost for the benefits offered .


Input: Where Do I Buy Disability Insurance?

Output: Although online brokerage firms sell disability insurance , I would highly recommend that you seek out the advice and council of a qualified insurance agent in your community . It 's always better to have a personal relationship with your local insurance agents to help you process claims and make sure you 're taken care of even after the policy is placed .


Input: Where Do I Buy Disability Insurance?

Output: That is a great question ! Many insurance companies will have a line of disability products in their portfolio of products that you could choose from . Other companies , like AFLAC will also offer disability plans that can be added to your employers benefit package , and purchased . Contact a local independent agent , and have them look at some policies for you to choose from . I hope that helps , thanks for asking !


Input: Where Do I Buy Disability Insurance?

Output: There are a number of disability insurance companies out there such as Guardian , MetLife , Mutual of Omaha , Principal , and Standard , just to name a few . The cost of disability insurance depends on a number of factors including your age , medical history , your job , and your income level . Disability policies are very customizable as they feature a number of riders and other options that can affect the premium for the policy . This is a very important type of coverage to have that many do n't think about and not something you want to be cheap about . It protects one of your greatest assets - your ability to work.If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the policy structure is theDEFINITION OF DISABILITY.Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Is Comprehensive Car Insurance Necessary?

Output: The only answer I can provide is maybe , and it really depends upon your financial situation . You can drive with Public Liability and Property Damage -LRB- PLPD -RRB- insurance . This covers your liability to another party in the case of an accident . When you get sued for an accident , this is where the huge claims come into play and where most people ca n't for it out of pocket . Comprehensive and collision coverage cover damage to your own vehicle . This type of coverage is not required . Most people only carry PLPD on older cars , where it is cheaper to replace the car then it is to insure it -LRB- e.g. a winter car worth $ 1,200 -RRB- . Now , there are some contractual obligations that might require you to get comprehensive and collision insurance . An example of this is a car lease . The lessor will require full coverage and to be named as a loss payee . This way , in case its collateral is destroyed , it can recoup its financial investment . In summary , make sure you can afford replacing the car if you go with PLPD .


Input: Is Comprehensive Car Insurance Necessary?

Output: Comprehensive auto insurance is necessary , otherwise it wouldnt exist . The price reflects the actual costs incurred by the insurance company to provide the coverage . Comprehensive covers your vehicle in the event of damage from something other than a collision . The key issue is the value of the automobile in relationship to the premium . Older vehicles decline in value to the point where carrying comprehensive insurance doesnt make sense and some insurance companies will actually discontinue comprehensive on older vehicles .


Input: Do Whole Life Insurance Policies Work?

Output: Do whole life policies work ? Mine have . 26 year now and the premiums are still the same as the day I bought them . These plans have provided cash values that have grown impressively over the years for the amount of risk they are exposed to . The great thing is I control them . They ca n't take them away , they ca n't change the terms . I own it , it 's mine . Could go on for pages , but I 'll stop here .


Input: Do Whole Life Insurance Policies Work?

Output: That is a great question ! Life insurance policies have worked for many people for a very long time . They work in part because of one simple fact - everyone dies eventually . Whole life policies work best in that respect because they are guaranteed to pay out , if you 've kept them in force . The payment amount is assured , and the likelihood of you receiving that payment is also assured . Unlike term or Universal life policies -LRB- which are basically term products disguised as whole life policies -RRB- you can not outlive them , or lose them because they go belly up over their costs . Please speak with someone that you trust , and have them go through the particulars of each , or look at my Facebook page , Winkler Financial Group , and look for my explanations of each . If you need help , please inbox me , okay ? Thank you for asking !


Input: Do Whole Life Insurance Policies Work?

Output: Insurance is all about statistics and mathematics . Companies have hundreds of years of death experience and can predict their potential claims accurately . They can compute how much money they will need every year for a given policy and adjust the premium to make sure that the policy will be in force with money to pay the claim throughout the lifetime of the insured . Yes they work .


Input: What Are The Uses Of Life Annuities?

Output: I am assuming you are referring to a lifetime payout . If that is the case , a big advantage to an annuity with a life insurance company is its ability to guarantee an income no matter how long you live . This can be a big advantage when planning for retirement .


Input: What Are The Uses Of Life Annuities?

Output: Life annuities have a variety of uses . Since as the name implies they generate an income for life they can be used to provide a guaranteed income for life for retirement income funding . in addition they can be used to provide a lifetime income for any other purpose such as providing a legacy . They can also be indexed to provide a hedge against inflation . If you have any further questions please do not hesitate to contact me .


Input: What Are The Uses Of Life Annuities?

Output: Life annuities are designed to provide a stream of income that a person can not outlive . Every variation of annuity comes from this basic idea . This is a life insurance product , with guarantees and in times of uncertainty and risk . The applications vary as the needs vary . Some annuities accumulate money for intermediate goals , such as paying for college . The other underlying dynamic of an annuity is that it is a long term savings vehicle and so it is inappropriate for most short range objectives .


Input: What Are The Uses Of Life Annuities?

Output: The most significant use of Life Annuities -LRB- assuming youre address life time income -RRB- is life time income you cant outlive . If its non-qualified annuity , the portion that is the original basis is amortized to the life expectancy of the annuitant tax free using first in first out exclusion ratio , an tax advantage . Most retirement plans should have a portion of guaranteed income you cant outlive .


Input: What Does Comprehensive Car Insurance Mean?

Output: Comprehensive is a coverage of your insurance . Comprehensive means other then collision . So in other words if your auto is damaged from a non collision event and you carry comprehensive coverage on your auto policy you would be covered for the damage minus your deductible . Such claims include , theft , vandalism , glass breakage , falling objects to name a few . The key is to remember other then collision . If you hit something or if something or someone hits you this is collision .


Input: What Does Comprehensive Car Insurance Mean?

Output: Comprehensive coverage is anoptional coverage available on your car insurance . Also know as Other-Than-Collision on some policies , comprehensive coverage covers things like hitting a deer , hitting a bird , falling objects , and damage to your windshield from rocks and other objects . This is an optional coverage , and you can elect not to have it , but then you will be responsible for paying for any repairs to your vehicle as a result from damage from anything other than a collision .


Input: What Is Credit Life And Disability Insurance?

Output: What is it ??? A RIP OFF ... usually . If you trigger a benefit , the payout goes to the `` lender '' ... NOT your family . Do n't get in the position to where you have to ask if it 's good or not ... BUY disability & life insurance NOW ... You will die one day . . Yet along the way you are most likely to suffer a disability or critical illness that puts you out of work for months , or years , before you pass away form the situation . If you pass away at all form it . If you have a tight budget , there are plans available in many states that are a Life/Disability/Critical Illness `` All in one Policy '' . It is most often better to have standalone plans -LRB- better benefits for disability & critical -RRB- , yet the all helps cover all your bases to SOME LEVEL ... I remember when I played High School basket ball & the very first Air Jordan 's came out . EVERY KID wanted them . Yet my family could n't afford them . Did I give up , quit the team , all because I did n't have `` Air Jordan 's '' ... NO . My parents bought `` something '' ... & I STILLWAS A STARTING FORWARD my senior year . Point is ... when you need insurance , get something even if what you WANT is n't within reach . Only buy Credit `` whatever '' if you have no other means of securing standalone individual life/disability/critical insurance . - gravy


Input: What Is Credit Life And Disability Insurance?

Output: Credit life and credit disability is in place to insure that a product will be paid for in the event of the purchasers premature death or becoming disabled . The beneficiary is usually the seller of the product involved . Depending on the size of the purchase credit life or disability may be a good idea , however often you can purchase an individual policy on your own that will protect you and pay you instead of the seller .


Input: How Much Life Insurance Do I Really Need?

Output: Well stated , calculators will give a person a ball park figure however whenever a transfer of wealth is intended to maximize the overall value of the amount being transferred one must assess any possible issues that may trigger unnecessary taxation devaluing and counteracting the whole purpose of the policy in the first place .


Input: How Much Life Insurance Do I Really Need?

Output: Conventional methods center on a capital needs analysis -LRB- how much do I need as a lump sum at my death to create an income for my family -RRB- . Other methods look at Human Life Value or variations on these methods . Ask a life insurance professional to provide a customized analysis for you and your family . For a high level view , you can run some numbers yourself . There are a wide variety of online calculators available such as this one : WEBSITELINK Online calculators can help you visualize the need and better prepare you for a planning discussion with your agent who will help you ensure you have the right amount of life insurance .


Input: What To Look For When Choosing A Health Insurance Plan?

Output: An important item to determine is how much can you budget for premiums each month . When you 're trying to compare plan options , some of the first things to compare will be the deductible , copays , coinsurances , maximum out-of-pockets , and whether it 's an HMO network , PPO network , etc. . Identifying the plan 's `` metal level '' will allow you to compare more easily , meaning bronze plans may offer similar structures and premiums to other bronze plans . There are 4 metal levels - bronze , silver , gold , and platinum . The higher ranking metal level , the more comprehensive the coverage , and the higher the premium for the plan . If you have a primary care doctor that you want to keep , be sure to check and see if they are in the plan 's network -LRB- very important for HMOs ! -RRB- - same goes for hospitals too . If the facilities you go to are out-of-network , then your costs for medical services can be substantially higher than if they were in-network . When you 're looking for a plan , I highly highly highly recommend working with an independent health insurance agent that is knowledgeable and experienced to help you determine what carriers and what plan will be most suitable for your coverage . There 's no extra cost in using an independent agent versus buying from the carrier directly . You get all the extra service at no extra cost . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Does Homeowners Insurance Cover Lost Items?

Output: Lost items generally are not covered under a Homeowners ' policy 's standard terms and conditions . However , if you have items that are specifically insured on a rider , jewelry for example , then the coverage provided by the rider is broader . In those cases , `` mysterious disappearance '' is a covered peril . That means if you find that the diamond has fallen out of your engagement ring , or your grandmother 's wedding ring can not be found , then you would have coverage under the rider so long as the item was listed and documented .


Input: What Are Bank Annuities?

Output: Bank Annuities are simply Annuities offered through a Bank . Banks offer Annuities which are backed by Insurance Companies . So the first question you might ask is which Insurance Company is backing the Annuity ? Annuities offer Guaranteed Downside protection while giving you the opportunity for upside growth . Some annuities are `` Indexed '' meaning they credit growth based on performance of an index such as the S&P 500 . Other annuities offer a fixed growth similar to a CD offered at a Bank . All Annuities have a surrender period however some may have a provision to walk away getting your money back . Contact your Broker to get more details on what you are looking for .


Input: When Can I Sign Up For A Medicare Supplement?

Output: Assuming you are not under 65 and disabled , you can apply any time you are at least 65 years old and enrolled in both Medicare Part A and Part B -LRB- original Medicare -RRB- . If you are on a Medicare Advantage Plan , you may not purchase a Medicare Supplement unless you switch back to original Medicare . The best time to `` sign up '' for a Medicare Supplement or `` Medigap '' policy is during your Medigap Open Enrollment Period , which lasts for 6 months and begins on the first day of the month your both 65 or older and enrolled in Medicare Part B . During your Medigap Open Enrollment Period , an insurance company can not use medical underwriting and can not rufue to sell you any Medigap policy it offers .


Input: When Can I Sign Up For A Medicare Supplement?

Output: You can apply for a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- up to 3 months before your Medicare Part B effective date - you must have both Medicare Part A & Medicare Part B to buy a Medigap plan . Once you have an established Medicare Part B effective date , you will have a 6-month open enrollment period to buy any Medigap plan from any carrier with NO medical underwriting . After this point , you can buy a new Medigap plan whenever you would like -LRB- there are no annual enrollment periods for Medigap plans -RRB- , however , you would have to go through medical underwriting if you do n't qualify for a special enrollment period or a guaranteed-issue right . The best overall time to buy will be your initial open enrollment period when you 're new to Medicare and just starting Part B coverage . Determining which Medigap plan is right from you and which carrier to apply for the plan through can be a bit more involved than some may realize . It 's not all about price as some may believe . You need to look at the carriers ' premium rating methods -LRB- community , attained , or issue age rated -RRB- , their rates , their rate increase history , their service history , and other factors . It 's best to consult with an experienced Medigap broker who can help you determine which plan and carrier will be most suitable to your desires , needs , and budget . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Where Is The Best Place To Buy Life Insurance?

Output: The best place to buy life insurance is from a trusted licensed life insurance agent . If you dont have an agent , get a recommendation from your friends , colleagues or neighbors . A competent agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . Matching your needs with your budget is the agents primary job .


Input: Where Is The Best Place To Buy Life Insurance?

Output: The best place to buy is somewhere that you can get good advice from an agent that you trust . Also its important that the agent you use has access to multiple insurance companies and not just one . This will play a huge role if you are rated for health reasons and need to look at other insurance companies that might offer you a better rate . This will also allow your agent to shop the best carriers for you and determine who has the best value for your age , health , and the amount of coverage you are looking to buy .


Input: Where Is The Best Place To Buy Life Insurance?

Output: Where is the best place to buy life insurance ? In Washington state it would be my office of course ! ;-RRB- Actually the best place to buy life insurance can vary . It could be online , on the phone or at an office . What you 're looking for is a agent who can answer your questions in such a way that you understand it . The agents role is not to speak to you in such a way that you are left scratching your head later over what was said . Big words , fancy charts do not make a good agent . A good agent translates the information you want into a way you understand , a poor one speaks over your head and bluffs their way through . I knew of an agent who used to produce a boiler plate document that was about two pounds of paper , of which two pages were actually about the client . The rest was fluff . He made a lot of sales that way because the clients were impressed by the volume presented , not the quality of information . The best place to buy is the place that actually answers your questions in a way that you understand and reduces the background noise as best as possible .


Input: Where Is The Best Place To Buy Life Insurance?

Output: The `` best place '' to buy life insurance is from a trusted advisor that represents multiple carriers . You can buy life insurance through the mail , direct from a carrier or from an online agency . If your needs are simple , and you only need term life insurance for a specific need and time frame , buying online is fine if you do not have medical issues .


Input: Where Is The Best Place To Buy Life Insurance?

Output: The best place to buy life insurance is from a licensed life insurance agent . If you dont have an agent , ask your friends , colleagues and neighbors for a recommendation . A good agent will listen carefully to you , provide solid financial advice and communicate clearly with you and with the insurance company . A good agent will match your budget to a plan that will minimize the risks that you face .


Input: Where Is The Best Place To Buy Life Insurance?

Output: That is a great question ! Honestly , the best place to buy a policy is from an independent agent , one that feels trustworthy to you . You do n't want to buy one through the internet , because the quote engines are designed to give you the `` best case scenario '' price , and often a not realistic one , and often do n't have any way to answer your questions . A live agent working at a name brand office is better , as they can talk you through the pricing , and answer questions , but they are limited to offering only what their company sells . An independent agent like myself has several different companies that we work with , and can often find a better policy for you because of the increased options to look at . So always look for a live person to work with , one who can answer your questions , and get you the best policy for you . Thanks for asking !


Input: What Are Contingent Deferred Annuities?

Output: Contingent deferred annuities are annuities with contingent deferred sales charges . This sales charge is a surrender charge that represents the costs incurred by the insurer to issue the annuity and is amortized -LRB- or spread out -RRB- over the course of several years -- generally between 5 and 15 years . Deferred can also refer to the fact that annuity is not an immediate annuity , meaning it will not pay an immediate income stream , but rather can be left to accumulate interest to increase the value of the annuity .


Input: Can A Stay At Home Mom Get Disability Insurance?

Output: Unfortunately , a stay at home mom can not get Disability insurance . Disability insurance is strictly meant to replace income that is lost due to a disability caused by illness or injury . For those who do not earn a monetary income , there is no income to replace , and regretfully , no opportunity to purchase Disability coverage .


Input: Can A Stay At Home Mom Get Disability Insurance?

Output: As Peggy said , a stay at home mom can not purchase DI . Most companies require that a person be working 30 hours per week in order to qualify for DI . However , you can purchase critical illness insurance which would pay out a lump sum benefit upon the diagnosis of an illness . It can be used at the insured 's discretion -LRB- bills , mortgage , groceries , etc. -RRB-


Input: What Does Liquidity Mean In Life Insurance?

Output: Liquidity is a term that references the cash value in a life insurance policy.It is the policy holders ability to access the cash values that have grown within the policy . Depending on the structure of the life insurance policy one may have restrictions , and or penalties that limit the liquidity -LRB- or their access to their funds -RRB- . Insurance companies are also required to maintain suitable `` reserves '' that enable them to readily access enough liquid funds to pay out on their policy holders possible claims .


Input: Is Life Insurance Essential?

Output: Only you can answer this question of Life Insurance being essential . For those of us who see the financial loss in families who lost a parent or spouse , Life Insurance relieves financial stress allowing you to take care of what is most important , your family . YES , I believe life insurance is essential . Life Insurance provides you or rather your beneficiary with monies otherwise would not be available . You need to look at what is important in your life , who depends on you , your family , perhaps your business and look at what will happen if you are not there `` tomorrow '' . What will happen financially and how would you relieve that financial stress .


Input: Is Life Insurance Essential?

Output: Life insurance is essential in almost every financial plan . The exception may be the very wealthy . Think of it in these terms . When the rich invest money and they `` hedge their bets '' by investing in vehicles that go in opposite directions . That way if , for example , their stock goes down , their bond goes up . This keeps them from losing all of their money . For hard working folks their best asset to invest is their ability to earn a living . Therefore , if you die to soon and no longer earn , life insurance `` hedges your bet '' that your loved ones are still financially cared for . Therefore life insurance is a very essential part of the plan .


Input: Is Life Insurance Essential?

Output: Essential to whom ? Are you asking if the government requires it as they are with health care . Then the answer is no . Is it essential to you . Depends what your emotional feelings are about the people how are dependent on you . If you 're all by yourself and do n't have any outstanding bills and do n't feel the need to pass on money to loved ones then no , I would n't mess with it . If you 're older say in your 60 's , 70 's or beyond then is may be cost prohibitive . I would need to learn more about you and your needs before such a question can be answered . The bottom line is only you can decide if life insurance is essential . With the help of a good agent you can get a policy that fits your specific needs . There are so many different ways to get there . You just need to work with someone who is asking you the right questions to help you explore the need .


Input: Is Life Insurance Essential?

Output: Life insurance is not essential unless you are required to purchase it by a legal contract or you love someone else . If you dont love anyone else , then you dont care what people think about you . Your passing will be of little consequence . If you leave a mess , you wont care .


Input: Is Life Insurance Essential?

Output: Life insurance is not essential in terms of being mandated . E.g. Auto insurance is legally required in order to drive a car . Life insurance is not legally required in order to live . Life insurance is essential to most people , however , in terms of being necessary . The people who it is necessary to are not the person being insured . They are those who are left behind .


Input: Is Life Insurance Essential?

Output: Life insurance creates cash at death . It is essential when death creates an economic loss that you would like to cover in the most economical way with tax free funds . -LRB- If you care that is -RRB- Once the required death benefit is decided upon , often there are additional planning opportunities for savings purposes and in corporate owned situations - executive benefits It may not be essential but it can make planning easier , more predictable and usually more economical If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Is Life Insurance Essential?

Output: There are a couple of really good reasons why life insurance can be essential to your financial plans . If you are looking for a way to leave someone a tax free ` leg up ' when you pass , the policy will do that in most cases . If you are concerned with ensuring that major expenses and your income are replaced for your loved ones should you pass , again a policy will do that . Lastly , if it is a concern that your family will not be able to afford your funeral , and there is a chance that it will lead to family strife , a policy can ensure that those expenses are covered . To be a good steward of your family , yes , life insurance is essential . Please contact me if you would like more information !


Input: Why Does Postcode Affect Car Insurance?

Output: Great question ! The zip code or post code is used by the insurance company to assess the risk for where you live . Some places have higher instances of auto theft , accidents , or uninsured motorists , and insurance rates in those areas will reflect that in higher rates . The opposite is true - if the area is quiet , low crime and low accident rate , your risk is assumed to be lower , and as a result so will your rates . If you need more information , please do n't hesitate to contact me , I 'm happy to help . Thanks for asking !


Input: How To Purchase Your Own Health Insurance?

Output: Applying for individual health insurance under the requirements of the Affordable Care Act -LRB- ObamaCare -RRB- is no longer something a person is necessarily free to do whenever they choose . In the largest sense , ObamaCare envisions the overwhelming number of individual health insurance enrollments to occur during the designated annual open enrollment period . This year the open enrollment period begins on November 15th , 2014 . So , depending upon your personal circumstances you may not even be able to apply for individual health insurance until then for coverage effective January 1 , 2015 at the earliest . If you have experienced a change of life status event during this year -LRB- e.g. - marriage , divorce , loss of employer based coverage , aging off of parent 's plan -RRB- then you have 60-days after that event to enroll in individual health insurance coverage . It sounds like you would be well served to seek the services of an experienced health insurance agent who can help you determine if you might qualify for any premium subsidy and whether your health insurance needs would best be met by insurance carriers and products either inside the government health insurance marketplaces or in the traditional health insurance marketplace . Of course , you can go to HealthCare.Gov or check out some other Internet based insurance shopping services but I do raise a note of caution about this to the normal health insurance consumer . The health care reform law has made understanding and comparing health insurance benefits , coverage and provider networks more complicated than ever and it is an environment that is still evolving . Getting some professional guidance is n't going to cost you anymore and it will provide you the assurance that you understand what you are buying and why .


Input: Is Medicare Used Effectively To Assist Americans?

Output: Medicare has two options : 1 . origninal medicare & 2 . Medicare advantage . Original medicare is administered by the same beaurcrats that Obama has used to trash the health care system whereas Medicare Advantage is administered by PRIVATE insurance companies . Medicare Advantage has proven to be the most cost effective system of rendering medicare services because the insurance companies know what is appropriate and what is not appropriate . Medicare on the other hand continues to be riddled with Waste , Fraud , & Abuse-which can be summaraized by spelling P O L I T IC I A N S always looking for an opportunity to buy votes . As a matter of fact one of the L I E S CMS -LRB- Center for Medicare & Medicaid Services -RRB- has put in the Medicare Advantage booklets is `` every Medicare Advantage plan has to be the equivalent of `` original Medicare '' . Really ? I will promise you original medicare covers 80 % of LAB work , especially when it is done for annual physical . Yet , when a particular Medicare Advantage Plan refused to pay my lab charges it was an exercise in futility to get CMS to correct the problem . The Bureaucrats created two classes of sales people when Medicare Advantage was created and adminstered by the wonderful beaucrats - one class that is completely unregulated when they sell Medicare Supplement and the sales person that sells Medicare Advantage is CONTROLLED by the beaurcrats and this last year when I completed the REQUIRED CERTIFICATION it took me 24 hous just to complete the certification . Compare that to the fact I read and took the test and passed the test to sell Obummer Care in less than three hours . Controlling Health Insurance is all about CONTROLLING YOU-THE CONSUMER . Did you realize Medicare is controlled by a UNION IN wASHINGTON D. C . If you want effective health insurance you will identify the members of the unions and you will vote for politicians that will put the unions out of business .


Input: Is Medicare Used Effectively To Assist Americans?

Output: Medicare along with a Medicare Supplement Plan is actually great health insurance . Many folks that are turning 65 are concerned about the unknown as they enter Medicare . My experience has been most people get equal to or better benefits -LRB- often times for less money -RRB- than what they had with their group or individual plan . For example , Plan F covers what Original Medicare Part A & B does not . With Plan F you will not have any deductibles , coinsurance , co-pays or even pay to see the doctor . Furthermore , there is no network ! That 's right , you can go to any doctor or hospital in any state that you want . If they take Medicare , they take the supplement regardless of the who the insurance carrier is . There are other Medicare Supplement plans to consider besides just Plan F.


Input: When Can You Borrow From Life Insurance?

Output: First off be sure you have the type of policy with cash value in order to borrow the money . It must be either a whole life or universal life insurance policy . Term life insurance policies do not have a cash value , therefore nothing to borrow from . If you do have a permanent policy you must have paid in enough premiums to build a cash value . The typical plan takes 4 to 7 years to build cash value . If all is the case , just call the insurance carrier and ask for a loan form and enjoy the cash .


Input: When Can You Borrow From Life Insurance?

Output: A beauty of cash value life insurance is that you dont ever have to give a reason to borrow money on the policy . Your agent doesnt hold the funds so the process includes a form to be sent to the home office . The process may take a few days , but the funds should be released right away . The policy might restrict the percentage of the cash value that is available for loans .


Input: How To Be A Successful Health Insurance Broker?

Output: The first thing you need to do is get a health insurance license . You can be an independent agent and contract direct with the carriers such as Blue Cross Blue Shield , Humana , Aetna , United Health Care an Assurant . You wo n't get your commissions cut by partnering with a IMO -LRB- Independent Marketing Organization . You must also get certified to offer plans through the healthcare.gov website You will have to develop and invest into different lead sources so that you have a steady flow of leads .


Input: How Much Does Having A Pool Increase Homeowners Insurance?

Output: Each company charges a different amount but having a pool is a greater risk for insurance companies . Most insurance companies now require a locked fence around the pool and some companies will not offer coverage if you have a diving board . I would recommend an Umbrella policy as well because regardless of what happened if someone is injured at the pool or on your property you are responsible .


Input: How Much Does Having A Pool Increase Homeowners Insurance?

Output: In most cases , just having a pool does n't necessarily affect the pricing of a Homeowners ' policy , but it does affect underwriting requirements and should get you thinking about the best way to cover for that additional exposure . Here in Connecticut , building codes for each town regulate the security measures that are required for pools . In ground for example require fencing and self latching gates . Insurance rules will undoubtedly match that so if these are not in place , coverage wo n't be offered . As for the increased liability exposure , having a pool is one of many good reasons to talk to your Insurance Professional about Person Umbrella Liability policy for added protection .


Input: Is Fire Insurance The Same As Homeowners Insurance?

Output: In insurance jargon , fire insurance is the larger group with homeowners being one of the fire insurance policies available . This is often referred to as hazard insurance by our colleagues in the banking business . It is also known as property insurance . The reason the larger group is called fire is because that is the basic peril insured and is included in almost every policy .


Input: Is Fire Insurance The Same As Homeowners Insurance?

Output: A very broad group of Property Insurance Policy Forms are referred to as `` Fire Insurance '' in large part because that is the first common covered peril listed in these policies . A `` Homeowners '' policy is sometimes referred to as this or as a `` Hazard Insurance '' Policys well . Homeowners however is specifically coverage for single family dwellings that are the primary residence of the property owner .


Input: Who Is The Largest Car Insurance Company In America?

Output: For personal auto insurance the largest insurer is Allstate . Allstate has both the largest amount of premium written in the United States , but it also has the most number of insureds . In my opinion this is good and bad . It is good because it is a company that has a branded name to maintain , which means they will strive for good customer service . It also means it has large purse strings , which means it will be less hesitant to pay out on claims . It is bad because they are a national carrier , which means if there is a large disaster elsewhere in the county , it will effect your premiums wherever you reside . Even though large carriers are great , I also recommend looking into some regional carriers because their premiums tend to stay a little more balanced .


Input: Is Auto Insurance A Contract?

Output: Insurance policies are by nature contracts . They are written documents executing an agreement between two parties , namely the insurance company and the insured . The insurance company agrees to provide the coverage the insured chooses following the specific terms and conditions of that policy . The insured agrees to pay the premium that is offered by the insurance company in exchange for that protection . The policy contract can of course be terminated under certain circumstances by either party .


Input: Is Auto Insurance A Contract?

Output: Most insurance policies , including auto insurance , are based on a Unilateral Contract . As long as you continue to pay the premium , the company is contractually obligated to pay any claims according to the contract . Either party has the right to terminate the contract in the case of auto or home or other property and casualty coverage . The policy holder may do so at any time simply by not paying the premium . Usually the insurance company must wait until the anniversary date or renewal date of the policy . Life insurance may not be terminated by the insurance company as long as premiums are paid unless there is evidence of fraud and misrepresentation .


Input: Where To Deduct Long Term Care Insurance?

Output: You deduct long term care insurance premiums on Schedule A , Form 1040 of your tax return . If your combined qualified medical expenses -LRB- including premiums you paid for long term care insurance , and payments you made for long term care expenses that were not reimbursed -RRB- are more than 7.5 % of your adjusted gross income , you may claim those expenses as a deduction .


Input: What Is Part A Medicare Coverage?

Output: Medicare Part A covers an inpatient hospital stay , skilled nursing facility -LRB- rehab -RRB- , hospice and some health care . Medicare pays all cost for the first 20 days in a skilled nursing facility and for days 21-100 there is a co-pay of $ 157.50 per day . Medicare will only let you stay in a skilled nursing facility for up to 100 days . Medicare does not cover long term care . Under Part A , Medicare has a deductible of $ 1,260 for an inpatient hospital stay .


Input: What Is Part A Medicare Coverage?

Output: Medicare Part A , ad defined in the 2014 government handbook 's `` Guide to Health Insurance for People with Medicare '' , helps cover inpatient care in hospitals as well as skilled nursing facilities , hospice , and home health care . In a nutshell , Part A is your hospital costs , and Part B is your doctor costs .


Input: What Is Part A Medicare Coverage?

Output: Medicare Part A , in short , is your hospital insurance - Part B is your physician insurance . Part A provides benefits for your inpatient hospital stay , skilled nursing facility care , nursing home care , hospice care , and certain home health services . The benefit that is the most common claim is for hospital stays . During a hospital stay , your Part A will cover certain hospital services and supplies including semi-private rooms , meals , general nursing , and medications given during your stay . Acceptable hospital stays can include critical access hospitals , inpatient rehab facilities , LTC hospitals , acute care hospitals , and mental health care - you may want to confirm with Medicare whether a certain inpatient stay would be covered by a facility that is not a traditional hospital . You 're generally responsible for about 20 % of the healthcare expenses that are incurred during these visits - Medicare only covers approximately 80 % of the costs . You may want to consider buying a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- to cover the other 20 % .


Input: Is An Ekg Covered By Medicare?

Output: Yes generally diagnostic testing such as an EKG would be covered by Medicare as long as Medicare considers the test to be medically necessary for your particular situation . In general Medicare only covers medically necessary treatments so if you 're just going to have an EKG for the fun of it you probably are not going to be covered by medicare . However , if you and your doctor are attempting to diagnose or treat some sort of underlying condition or symptom you should be covered just fine by medicare . If you would like a definitive answer you can always call medicare directly at 1-800-Medicare to ask if they would pay for that type of test .


Input: Does Medigap Cover Home Health Care?

Output: For covered home health care services , Medicare pays 100 % and 80 % of the Medicare-approved amount for durable medical equipment . You would be responsible for the Part B deductible -LRB- $ 147 in 2014 and 2015 -RRB- and the other 20 % of expenses . A Medigap plan can help cover the other 20 % - if you 'd like the Part B deductible covered as well , you should consider a plan C or a plan F. Plans F and G are your most comprehensive plans . I hope the information is helpful - please feel free to contact me for help with your coverage including Medigap plan quotes and comparisons , and if you have any other questions . Thanks very much .


Input: What Does Full Coverage Car Insurance Include?

Output: For the most part , when someone refers to `` full coverage '' car insurance , they are referring to a policy that provides two key elements of coverage . Physical Damage protection for your car in the form of both Comprehensive and Collision is one of these , and Liability is the other . Some companies provide `` Single Limit '' Liability coverage meaning that both bodily injury and property damage coverage are combined in the same total pool . Others provide `` split limit '' meaning that you have a certain stated amount of coverage for Bodily Injury protection and a separate stated amount for Property Damage . In many states , a third element is required along with Liability in order to register your car and that is commonly referred to as `` Uninsured Motorist/Underinsured Motorist '' coverage . This provides benefits to you and your family members if you are injured as a result of an accident caused by someone operating a car with no or limited liability insurance . These areas consitute the main portions of a `` full coverage '' policy , but there may also be additional elements . Primary Medical payment , roadside assistance , rental car reimbursement , full glass , etc may also be included for example .


Input: What Does Full Coverage Car Insurance Include?

Output: In order to have `` full '' coverage you have two coverages-collision and comprehensive . Collision covers you if your car is involved in an accident . Comprehensive covers damage caused by incidients othan collision and covers Theft , fire , vandalism , weather , falling objects , and animal damage . then you have to decide if you want towing , and car rental if your car is inoperable


Input: Where To Get Health Insurance At Low Cost?

Output: In my state the rate for `` similar '' plans has gone up 2-300 % . . OUCH ... There is no truth to the `` Affordable '' part of the affordable care act . Unless you are in the very low end of the poverty scale , you are paying MORE even with a subsidy . The more you earn , the lower the premium subsidy ... Then there are my clients that make just a few thousand over the top of the scale . THEY ARE GETTING KILLED ... So when you ask , `` Where To Get Health Insurance At Low Cost ? '' ... . the very first questions we ask our clients is . `` What is your family size ? How much will you earn this year ? '' That determines if you 'll get the Obamacare Coupon to get the very high cost reduced . There are some `` alternative '' ways to access your healthcare ... . Reach out if you 'd like to learn more . :--RRB-


Input: Where To Get Health Insurance At Low Cost?

Output: Health insurance at a low cost is available from many of the large insurers . The best way to compare and find the lowest rates is to utilize an experienced broker and their website . Typically , you will be able to view the best prices within minutes -LRB- or instantly -RRB- . You 'll be able to apply for the quality healthcare from the top-rated carriers in your area . Short-term plans are the least expensive type of policy and often take 24 hours to approve . Catastrophic plans are also very affordable since they cover mostly major medical items .


Input: Does Mary Kay Offer Health Insurance?

Output: Mary Kay is a great organization offering quality products , personal service and an opportunity for women -LRB- and men -RRB- to be self employed . Most organizations like this will offer health insurance and other benefits to their full time W2 emplolyees , but the challenges in extending coverage to 1099 contract workers is usually too great to overcome .


Input: What Is Elimination Period In Long Term Care Insurance?

Output: What is elimination period in long term care insurance ? The elimination period is the amount of time you choose to self insure the situation before the long term care insurance kicks in to cover costs . The elimination period gives you options about how soon your long term care kicks in . The shorter the elimination period , the higher the premium . If you can extend your elimination period , usually you 'll see a considerable reduction in cost .


Input: Is Disability Insurance The Same As Long Term Care?

Output: No , Disability Insurance is not the same as Long Term Care Insurance , although they do have a lot of similarities . Long Term Disability Insurance pays persons who are unable to work at their regular jobs because of becoming disabled . There is an elimination period , just like Long Term Care , and there may be a limit on the years of benefit , just like LTC -LRB- these are determined when taking out the policy -RRB- . But the amount the Disability Insurance pays is a percent of what those employees made in their jobs and can be used however they wish . For Long Term Care Insurance , there must be certain conditions met besides just being unable to work at one 's job , order to receive benefits . These triggers include inability to do 2-3 activities of daily living independently , cognitive/mental impairment , and nursing home or other long term care ordered by a doctor . The payments might be paid to the insured persons or they might be paid directly to the facilities offering the care , depending on the type of policy that was purchased .


Input: Is Disability Insurance The Same As Long Term Care?

Output: No , Disability Insurance and Long Term Care Insurance are not the same . However , they are more alike than they used to be . Disability Insurance pays you cash during each week that you are unable to work . You can use this cash in any way that you want . Long Term Care Insurance policies in the past would pay the nursing home if you were unable to care for yourself . Many newer Long Term Care policies give you the option of receiving a cash benefit to use as you wish . When it is determined that you need assistance to take care of yourself , these LTCI policies pay you cash to pay for a caregiver in your home , to pay for assisted living , or whatever arrangement works best for you . The trigger for Disability Insurance to kick in is being unable to work at your place of employment . The trigger for Long Term Care Insurance to kick in is to be unable to perform two or more ADL 's for an extended period of time .


Input: Is Disability Insurance The Same As Long Term Care?

Output: Actually , long term disability insurance and long term care insurance are not the same type of policy nor do they cover the same things . Disability insurance is to replace a percentage of your income when you have an illness or injury so severe you can no longer work . Long term care insurance is primarily for your aging years to cover home health , assisted living and nursing homes when you are no longer able to take care of yourself . Long term disability insurance should be purchased at a young age as soon as you go to work earning a wage . Long term care insurance should be purchased between your late 50s or early 60s .


Input: Is Disability Insurance The Same As Long Term Care?

Output: Although disability insurance and long term care insurance are morbidity insurance products they are not the same thing nor do they cover the same financial explores . Disability insurance is paycheck protection that pays you part of your compensation during periods of disability . Long term care pays expenses generated from extended care like assisted home living or nursing home confinement .


Input: Does Renters Insurance Cover Black Mold?

Output: That is going to depend on your renters insurance carrier . A lot of carriers are either not providingor providing a limited amount of coverage for mold or funji for homeowners insurance policies . I am not currently aware of any carriers that are providing mold coverage through a renters insurance policy . Please read your policy completely to understand the coverage provided and any exclusions that there may be .


Input: Where Are The Best Annuities?

Output: There are online brokerage distribution channels that spreadsheet the three major tax deferred annuities : fixed interest rate , index return rate and separate sub accounts using equities and bond instruments . The spreadsheets contain some policy provisions that can be helpful to you in your decision making process . Online brokerage channels tend to offer a sizable inventory and usually are agnostic in their objective approach to product grids .


Input: Why Should You Have Renters Insurance?

Output: You need a tenants policy if your landlord requires it . You need one if you would suffer a financial loss if all your property went up in smoke . You need one if you can not pay the expense of a lawsuit if someone slips and falls in your rental unit . You need one if you can not afford temporary housing while your rental unit is being repaired following a covered loss .


Input: Will Employers Stop Offering Health Insurance?

Output: The projection of the availability of insurance going forward is that the employer market will decrease while the individual market will increase . Employers and the insurance conmpanies has spent millions trying to prepare for the requirements of ACA and now it appears that the health care industry will be reeling for some time because the regulators and the insurance companies can not just turn a switch on here today and then turn it off because the government failed to understand what they were doing when they passed a law to require cancellation of millions of policies .


Input: How To Get Short Term Disability Coverage?

Output: How to get short term disability coverage ? Well , you may first need to check with your employer 's HR and see if there is a group plan you can join . If your employer does n't provide short term disability coverage , they may allow for voluntary disability plans to be purchased via payroll deduction . You can also find individual disability and set it up to work like a short term plan . However , with individual the best usually you can do is 30 days wait for illness and possibly a week or two for accidents .


Input: How To Get Short Term Disability Coverage?

Output: You can get Short Term Disability coverage through your employer -LRB- in a group plan -RRB- or through an individual policy . It is much easier to find Short Term Disability Insurance in a group plan than it is to purchase it through a private agent , but you can get it either way .


Input: What Is The Best Medicare Plan For Prescriptions?

Output: Most Medicare Supplement plans do not include prescription coverage . Only some of the old , no longer offered plans include it . If prescription drug coverage is a concern , a stand alone prescription drug plan can be used as well as a Medicare Supplement policy . Another alternative may be a Medicare Advantage plan that includes drug coverage . Be sure to consult with an agent certified to represent Medicare Advantage plans . There are some significant differences between a supplemental plan and a Medicare Advantage plan .


Input: What Is The Best Medicare Plan For Prescriptions?

Output: The Medicare Plans that cover prescriptions are the Medicare Part D Plans . There are many of them . Also some Medicare Part C Advantage Plans include the Part D coverage . There is only one right way to choose one . You or your insurance broker can go to Medicare 's website and type in all your current prescriptions . The website will show you the choices that include your drugs in their formulary . You need to do this every year because the formulary will often change . Your prescriptions may also change .


Input: Do You Need A License To Sell Life Insurance In New York?

Output: Yes , you need a license to sell Life Insurance in New York . The license is earned after studying for the life insurance exam and getting a passing grade , plus paying the required fees . The license also has to be renewed periodically with continuing education -LRB- as evidenced by passing continuing ed tests -RRB- and renewal fees .


Input: Do You Need A License To Sell Life Insurance In New York?

Output: Yes you need a license to sell life insurance in the state of New York . To get this license you must first complete New York 's pre-licensing requirements . These requirements are pre-licensing class , or online course work offered by a NYS Department of Insurance approved vendor . Once this requirement is completed you can take the licensing exam . You will also be subject to a background check . Once you 've completed these items you will be licensed as a life insurance producer and you will be able to sell life insurance in the state of New York .


Input: Do You Need A License To Sell Life Insurance In New York?

Output: Yes , absolutely you need a license to sell life insurance in the state of New York . Without it you would not be following the regulations set by New York Department of Financial Services - Insurance Industry . Before obtaining a license to sell life insurance you must study , take a practice -LRB- proctored -RRB- exam and pass . Then , you must pass the ` real exam ' in order to get a license to sell life insurance in New York .


Input: Does Auto Insurance Cover Windshield Replacement?

Output: Auto insurance covers window replacement . Typically , it is referred to as `` glass breakage , '' and is specifically a covered benefit under your `` comprehensive '' -LRB- other than collision -RRB- benefits . The deductible is often $ 0 so full replacement or repair with no out of pocket expense is common . Normally , window repair and replacement companies will come to you at your home or place of business . Live answer provided by E. Harris - Car insurance broker -LRB- 33 years of experience -RRB- with top-rated website .


Input: Does Auto Insurance Cover Windshield Replacement?

Output: It can yes so long as you have Comprehensive physical damage coverage and a Glass replacement endorsement . If you do not have the glass replacement endorsement , there may be coverage but it will be subject to your policy deductible so it is a good idea to discuss this option with your Insurance Professional .


Input: Does Auto Insurance Cover Windshield Replacement?

Output: If you have Comprehensive -LRB- or Other Than Collision -RRB- coverage on your automobile , the windshield should be covered . It would be subject to your deductible but depending on the cost of the winddshield ... it may be less than your deductible . Some companies will WAIVE the deductible if the windshield can be repaired . Check with your agent to see if your company will waive the deductible , then check with a local auto glass shop -LRB- Windshield Medic , Dr Glass , or the like -RRB- to see if the windshield could be repaired . They can normally fix `` stars '' upto about the size of a quarter -LRB- $ 0.25 piece -RRB- or cracks upto the length of a dollar bill .


Input: Can Soldiers Get Life Insurance?

Output: Soldiers can get life insurance through SGLI -LRB- Servicemembers Group Life Insurance -RRB- . In fact , soldiers are automatically issued the maximum amount of SGLI life insurance coverage of $ 400,000 when they enter the service . There is a small cost to the soldier being insured . If you do not want that much , you can reduce the face amount by increments of $ 50,000 or decide not to purchase it altogether .


Input: Can Soldiers Get Life Insurance?

Output: Soldiers can get Life Insurance . SGLI and through at least one company in the public sector . Here is the deal ... Are they in what is considered a `` hot zone '' . I have been able to get Life Insurance for soldiers who are on active duty serving on what is considered the front line as well but will come down to what their job is . MP 's are pretty easy . Infantry is more difficult but not impossible . You will need to talk to your adviser to determine if coverage will be made available to you and how they will be rated .


Input: Can Soldiers Get Life Insurance?

Output: Although soldiers who experience loss of life while on active duty or from an act of war would not be covered by life insurance aquired in the public market place ; they would be covered by life insurance if death occurs between tours of duty , before going into or after leaving active duty . The governent and your particular military branch may have some kind of program for those on active duty .


Input: How Much Term Life Insurance Do You Need?

Output: Life insurance companies use formulas to determine how much term life insurance you qualify for . It is not a bad guide for determining how much life insurance you need . At younger ages , they will allow you to take out about 25 times your annual income . E.g. . If you make $ 40,000 per year , you could get about $ 1,000,000 of coverage . That factor gradually decreases to about 10 times your annual income at retirement age , even less in your old age . However , insurance companies take assets into account , so if you have many assets , you may need more life insurance than that factor indicates .


Input: How Much Term Life Insurance Do You Need?

Output: You should purchase enough term life insurance to cover all of the debt left behind for your loved ones plus at least 10 times your annual income . The thought is at ten times your income can be invested so your loved ones can live off of the interest with no debt . Be sure to purchase the right amount of term years as well . For example , if you have a 20 year mortgage be sure you have a 20 year term policy to offset that debt . Do n't worry if it is a bit too much , I have never had a widow say , '' that is just too much money '' when delivering a death claim check .


Input: How Do I Cancel My Progressive Renters Insurance?

Output: If you wish to cancel any insurance policy you can start by contacting the local agent that helped in getting you the policy in the first place . If that is not possible then I would suggest contacting the carrier directly . If you do not have their phone number then I would check the policy for a contact number or look it up on-line .


Input: How Much Is Car Insurance For A 19 Year Old?

Output: At 19 years of age you can legally `` contract '' and obtain an auto insurance policy . Then the questions concerning past driving record is either going to help keep your rates down or it is going drive your rates up . Then the questions about what kind of car do you have ? Is it a 4 cylinder that takes 180 seconds zero to 60 or it one of these hot rods that will blow the sides off your competitor if they get too close ? If you have been stopped for DUI or drugs and that is on your driving record it is going to be cheaper for you to buy a new pair of shoes


Input: How Much Does A Life Insurance Underwriter Make?

Output: Life insurance underwriters make salaries and some make performance bonuses based on the profitability of the insurance company they work for . Most senior underwriters will make a salary between $ 40,000 to $ 60,000 per year . But a lot will depend on their experience and performance . Also do n't confuse an agent with an underwriter . Some insurance agents call themselves underwriters or field underwriters . They are not .


Input: How Much Does A Life Insurance Underwriter Make?

Output: Life insurance underwriters are generally paid on the basis of the amount of insurance they are permitted to underwrite , i.e. a $ 500,000 authority may define a `` junior '' underwriter who can make $ 50,000 to $ 75,000 . A senior underwriter with seasoned experience is going to make a six figure income . Senior underwriters who also are MDs can make considerably more ,


Input: Does Health Insurance Go Up Every Year?

Output: In an aggregate sense , Yes . The basic costs of health care -LRB- doctor & hospital services , prescription drugs , etc. -RRB- and our population 's consumption of health care services have been steadily increasing for decades . Health insurance costs are merely a reflection of these underlying factors . When one drills down to a specific company 's or a specific individual 's history with their health insurance premiums then you will find substantial variations in individual results . A knowledgeable and experienced health insurance broker/consultant can often manage their client 's benefits costs in ways that `` beat the market '' just like there always are some financial experts who outperform their peers in the stock market . The vast majority of my small business clients for instance have premium costs and benefit levels in 2014 that are not radical departures from their costs of a few to several years ago or , at the worst , they know that they have the best possible base cost level currently available to them in their marketplaces . This requires constant oversight of changing marketplace conditions , switching insurance carriers to take advantage of whichever carrier has the best value proposition at that particular time , and some fine tuning of benefit plan designs and funding approaches over a period of years to accomplish these results . But , it can be done because I have done it . The implementation of the new requirements of ObamaCare have upset the long established rules for the health insurance marketplace and are having a profound impact on health insurance plan designs and costs . ObamaCare addressed many access issues to health insurance coverage -LRB- guaranteed issue of policies , no pre-existing conditions , etc. -RRB- but really does nothing to reduce either healthcare costs or consumption . In fact , many can argue that ObamaCare is helping to increase both costs and consumption which will translate into higher health insurance costs . Certainly ObamaCare is the most profound change in our nation 's health insurance system in most people 's lifetimes and it will make the years ahead much more challenging for both individuals and businesses when it comes to managing their health insurance & health care costs . The guidance of an experienced health insurance expert who is staying on top of the rapid changes being prompted by ObamaCare is now more important than ever to both the individual and business health insurance consumer . If I can be of assistance in guiding you through these uncharted waters please feel free to contact me so I can put my 30 years of experience to work for you .


Input: Can I Get Health Insurance With A Pre Existing Condition In South Carolina?

Output: Yes as of January 1 , 2014 there is no longer exclusions for pre-existing conditions on individual -LRB- under age 65 -RRB- health insurance plans in South Carolina or any other state . Prior to that you could be on an employer group plan . Even on Medicare supplement insurance in South Carolina you should be able to get a policy . Those policies have a few health questions on the application but they are mostly focused on serious conditions in the last 2 years .


Input: Can I Switch Life Insurance Companies?

Output: Yes , you can switch life insurance companies by the process of replacement , or by dropping your old policy and purchasing a new one . If you have permanent insurance with cash value , the replacement will involve a 1035 exchange to get the cash from one policy to another . Keep in mind that when you do a replacement or get a new policy , all policy provisions , surrender charges , etc start over again . The switch is not simply switching companies . Discuss it with the agent for your old company before making your decision .


Input: Can I Switch Life Insurance Companies?

Output: If you are thinking about switching life insurance companies there are a couple of thing you should know . when you go from one insurance company to the next you have to go through the underwriting process all over again so never cancel your existing policy until you are approved for the new one . Some agents may talk to you about doing a 1035 exchange , taking the cash value from one policy and moving it to the new one . If it 's a whole life policy and you have had it for five years or more , never do a 1035 exchange , instead take a paid up policy option . A policy that has a $ 1,000 of cash value is only worth $ 1,000 of cash on a 1035 exchange but the same policy with $ 1,000 of cash is general worth a little more than double in paid of life insurance , so around $ 2,300 . I hope this information was helpful . If you have more questions just ask .


Input: Does Homeowners Insurance Cover Window Replacement?

Output: Assuming that you have replacement cost coverage on your dwelling , your homeowners insurancepolicy would cover the replacement , new for old without depreciation , of windows damaged by an insured cause of loss and subject to the policy deductible.If by `` window replacement `` you mean `` fullglass `` like that which may be available on your auto policy - then no , the deductible would have to be satisfied first .


Input: Does Homeowners Insurance Cover Window Replacement?

Output: Homeowners Insurance will cover window replacement for broken windows caused by a covered loss ; depreciation and the policy deductible will be a key factor regarding the payout of the loss ; you must review your policy contract for more specific terms and conditions . To review , policy forms , you may review the following link where the Insurance Services Office Form Homeowners 3 -LRB- HO3 -RRB- is published : WEBSITELINK


Input: Does Obama Want Military To Pay For Health Insurance?

Output: President Obama recently proposed defense cuts that would without question , raise the cost of healthcare for military families . Many insiders feel this is politically-motivated simply to bulk up the number of applicants to State Exchanges . While Obamacare was intended to lower health insurance costs for Americans , it does not appear that will be accomplished for most consumers . However , in fairness , many persons will be eligible for federal tax subsidies which will lower their medical insurance costs . Open Enrollment starts in October for 2014 for individuals , families and businesses . All Americans will have some new choices to make and experienced brokers will be offering a free helping hand .


Input: How Can I Save On Auto Insurance With A Bad Driving Record?

Output: Honey , I hate to tell you this but you created your driving record and your record is going to follow you . Can you straighten up and fly right-sure - you can but it is n't going to happen overnight . Every time you have had a speeding ticketthat stays on your license for three years . I assume you are listed as primary driver and she is listed as secondary . You may wantto limit her driving until she grows up and if she does n't grow up buy her a pair of new shoes and tell her you hope she gets where she needs to go without rubbing blisters on her feet . There are some cost savings by increasing your deductible but it is not enough to pay for her new shoes


Input: What Does Voluntary Life Insurance Mean?

Output: Voluntary Life Insurance is offered by employers . It is group coverage available to the employees and their families that they can purchase on a voluntary basis , above the amount that their employer provides for them . For tax purposes , any amount of group life insurance coverage above $ 50,000 is a taxable benefit .


Input: How Do Tax Deferred Annuities Work?

Output: There are two basic classifications of annuities , immediate and deferred . The immediate annuity provides income payments over the lifetime of the annuitant starting within one year of the deposit . The deferred annuity doesnt start payments until a later date . Deferred annuities may increase in value over time . That increase is not subject to income tax as it occurs . This deferral of taxation is a major attraction of annuities . A deferred annuity can be either a single premium annuity or a flexible annuity . As a single premium annuity it is often used to augment retirement income at a later date , when other streams of income may have ceased . It is often used to anticipate increases in inflation , providing a much needed boost in income . As a flexible deferred annuity the contract allows the owner to make deposits on either a scheduled or unscheduled basis into the policy . As mentioned previously earnings on the contract are not taxed in the years that the money is accumulating . A deferred annuity can be classified into three major groups . The first would be the fixed annuity , the second would be the variable annuity and the third would be the indexed annuity . The fixed annuity is issued by an insurance company . The owner makes at least one deposit and everything that takes place later is the responsibility of the insurance company . The company guarantees the growth and guarantees the future payments . There isnt any market risk in this policy . A variable annuity , while structured similarly by the insurance company that issues it , allows that the owner can select the funds that will accumulate to provide future benefits . In some cases it may extend the privilege of selecting underlying funds into the annuitization phase which will result in uneven results but has the potential of exceptional growth . An index annuity lies somewhere in between . The index annuity is designed by the insurance company but rather than paying a guaranteed rate of interest , bases interest payments on the performance of one of the leading market indicators . Commonly these policies are linked to the Dow Jones Average or the Standard and Poors index . The annuity has restrictions on the amount of interest credited . The interest rate can either be capped at a preset percentage or the policy can be written so that only a percentage of the rate is applied to the money in the annuity . The trade-off comes when the company guarantees a minimum rate of interest . That minimum rate is often 0 % . What this means is that the annuity can participate somewhat in the increases experienced in the stock market without the risk of losing anything . This is quite attractive and currently very popular . An aspect of all annuities that is often overlooked is that they are not subject to probate . That means that as a contract the value of the annuity passes to a designated beneficiary without the expensive and time consuming process known as probate . Taxation of annuities is another subject but it is important to know where the annuity is going to be held to determine its taxation .


Input: Does Auto Insurance Affect Credit Score?

Output: While most if not all auto insurance providers include a credit review as part of their pricing matrix , the type of review is one that does not affect your credit score . In the industry these are referred to as `` soft '' inquiries as my colleague explained earlier . Keep in mind tot that credit is one of many factors that eventualy result in the premium that you are asked to pay . Your driving record , accident history , age , driving habits , year make and model of your car , even location are all among the numerous elements that a company reviews in order to determine the proper premium for the risk they are being asked to insure .


Input: Does Auto Insurance Affect Credit Score?

Output: The short answer is NO ! This is a question commonly asked by clients , especially those that are looking for new insurance on a car or house they are wanting to finance . Every inquiry , they people are told , can lower their credit and could affect the interest rate on the final loan . While this is a general statement that is often true , it is very broad and non-specific and overlooks certain key details that you need to know . Keep in mind there are two different types of credit inquires : hard inquiries and soft inquiries . Maybe you have heard of these by different names , but here is what I mean by hard and soft credit pulls . A hard inquiry is one where you are looking to obtain a line of credit such as through an auto finance company , a store credit card at a retail store like BestBuy or Sears , a gas card at your Shell gas station , a mortgage -LRB- new purchase or refinance -RRB- , and sometimes when opening a utility in your name -LRB- though not always -RRB- or trying to rent a property . Every time you apply for credit , the underwriters -LRB- people who decide to extend you credit , how much and at what interest rate -RRB- can see the inquiries AND some of the FICO score models are about 10 % composed by the number of inquiries that you have . Basically , the more credit you apply for the riskier you become because you either are getting declined and the new company wants to know why , or you are getting a lot of credit and the next company has concerns that you can pay all of this new credit at once . Therefore , it is important that you keep all the inquires to a minimum when possible -LRB- less than 2 is ideal , zero being the most preferred . -RRB- A general rule is that you have to authorize someone to look at your credit for a hard inquiry . Conversely , a soft inquiry is what companies use when they are looking at credit but not offering a line of credit to you directly . This is what most utility companies use to make sure you dont have specific items on your credit report they are looking for when considering opening an account in your name ; they usually are looking for late-pays and other items but not necessarily your credit score . NOBODY sees these inquiries except for the individual when pulling up their credit report -LRB- which can be done for free once a year . -RRB- So you might get a credit report and see 2 inquiries -LRB- one for the credit card you applied for and the other for a car you tried to refinance -RRB- but then another 5-10 other inquires you arent even familiar with . These could include the credit card companies sending you pre-approval letters to apply for a new credit card or utility companies when you moved to your new apartment . Dont panic as these dont affect your score . With that being said , which one of these inquires is insurance ? Insurance is a soft inquiry that does not affect your credit score . If you talk to an independent agent when buying a house , you could see multiple soft inquiries on your credit report from companies like ASI , The Hartford , Safeco , Erie , Kemper , Foremost , Mercury , and many other companies . This is because each of these companies wants to know your credit-worthiness or financial responsibility because it has a direct relationship with you paying insurance on time AND with the number of claims that you file -LRB- better credit means less claims as a general trend -RRB- . So dont be afraid to get a quote for insurance . Your loan officer or bank manager or whomever is right in saying dont apply for new lines of credit or anything that pulls as a hard inquiry , since that affects your score . However , getting an insurance quote for home , auto , life , or health insurance doesnt affect your credit at all . Dont forget to pull your credit report once a year from the 3 major credit bureaus . You will probably see your new insurance company on there . However , insurance companies wouldnt pull credit if it wasnt important to make sure to review your credit once a year and verify everything is accurate . The only official website is annualcreditreport.com so go there for your free reports .


Input: How To Dispute A Health Insurance Claim?

Output: Disputing a health insurance claim , or what usually is the rejection of a health insurance claim is an appeals process . All carriers give the insured the opportunity to appeal a decision . This process is usually lengthy and in my experience often unsuccessful . Do n't let that stop you from getting what you deserve however . As an experienced agent , if my client feels the carrier should have paid , then I encourage and assist in the process .


Input: How Much Does Health Insurance Cost For A 22 Year Old?

Output: Under the new Affordable Care Act , you have a range of options from each carrier . The four main types of plans are named after metals : bronze , silver , gold , and platinum -LRB- bronze provides the least coverage , but the lowest premiums , and platinum provides the most coverage , but the highest premiums -RRB- . How much your health insurance costs is going to depend on several factors : your age , where you live , what level plan you want , and which carrier your policy will be with . An independent insurance agent/broker can help you find the plan that 's most suitable for you .


Input: How Much Does It Cost For Life Insurance?

Output: The cost of life insurance varies a lot based on factors such as age and health of the applicant , tobacco use , and the type of policy . You may see or hear ads about people being able to get short Term life insurance for under $ 10/month , and that is possible for nonsmokers who are young and in excellent health . But while they are eligible for such good rates , that is also is a good time to lock in a premium for a long Term or permanent policy , if long term insurance is important to them . It is wise to find an agency that can shop to find the best rate for your particular health and age , but also help you look at the big picture and design your life insurance to meet your needs , desires , and budget .


Input: How Much Does It Cost For Life Insurance?

Output: Both answers above are correct . My first answer to `` How much does life insurance cost '' would be to ask , `` How much life insurance do you want or need ? '' The amount of benefit is a major factor in premiums for life insurance . Then the other factors such as age , health , tobacco use , gender are the other major factors . Then there 's the type of insurance : Whole Life , Term , Universal , etc. . When comparing Term policies the next biggest factor is the length of the term . And then there 's the insurance Company to consider . Different companies have different premiums for the same basic policy . Then there are `` riders '' that increase the benefits of the policy . Your best bet is to consult an Insurance Adviser who can broker several different companies and help you to compare .


Input: How Much Does It Cost For Life Insurance?

Output: LIfe Insurance pricing is like going to the grocery store ; lots of different choices.It will depend on a variety of factors including ; 1 -RRB- Age - younger is less expensive2 -RRB- Health - good health is less expensive than health issues3 -RRB- Tobacco usage - non smoker is less expensive4 -RRB- Gender - Females tend to be less expensive than males at same age5 -RRB- Type - term insurance is less expensive the younger you are since its pure insurance . Some universal life policies can offer premium options that make it less expensive than whole lifeFind a company that can provide you a quote based on your circumstances and then compare various types of plans offered .


Input: Why Is Universal Life Insurance A Bad Idea?

Output: The best thing about a Universal Life policy is its `` flexibility '' . . The worst thing about a Universal Life policy is its `` flexibility . Your life insurance agent and you should be able to see the two important parts of the policy . First , the cost of the life insurance over the life of the policy . Most people buy and Universal Life policy because it is permanent . You should understand how you will be paying for the death benefit and what fees are associated with the insurance . The second part of the policy is the cash values . These cash values are affected by the current , guaranteed , and projected interest rates . The Illustration from the agent should contain projections of cash value based on any or all three types of interest rates . Universal Life policies are bad when the cost of insurance is too high or the cash value has inflated interest projections that cause the policy lapse or fail . If you have a Universal Life policy , you should review it annually with your life insurance agent .


Input: Why Is Universal Life Insurance A Bad Idea?

Output: Universal Life Insurance is not a bad idea , unless it is not a suitable product for your need . Universal Life can be a good solution for those who want permanent coverage with low cash value and at the lowest possible price . Because it is flexible , Universal Life is also a good `` lifetime '' plan that can be adjusted to suit each stage of life . Universal Life policies of the past we sold with projections of unsustainable interest rates , and caused many people a lot of grief when they lapsed far before anticipated . So it is important to purchase UL with your eyes wide open , and having guarantees down in writing .


Input: Is Whole Life Insurance Recommended?

Output: Whole life is not recommended if you need a high level of protection and have limited resources . If you can afford whole life to meet your protection needs , then it is a very good option because the net cost over a period of time is comparatively low and it provides flexibility to meet future needs . The important issue is to provide adequate protection .