Input: How Much Does A Pool Increase Home Insurance?

Output: Does the presence of a Swimming Pool increase Home Insurance Premium ? Swimming Pools that belong to a Single Family Residence and are gated from public entry do not pose any additional hazard to an insurance carrier ; however , it is the insured 's responsibility to disclose the fact that there is a pool . Most carriers inspect each and every dwelling and will insist that there is no public access to the pool and the area is protected by a latched gate . There may however exist an additional hazard associated with the swimming pool , the presence of a Diving Board or a Slide . Each carrier hasits own independent assessment on underwriting the risk ; there are some carriers that will notaccept a homewith the presence of a diving board orslide ; also , there are some carriers that will accept a slide only if it is an in-ground slide for example built in a rockery type area sliding into the pool . This whole topic is focused on thehazard that exists for the risk at hand . Although , a pool will not generate a higher premium , the circumstance may make the home ineligible for insurance with various carriers .


Input: Does health insurance cover ambulance rides?

Output: Most health insurance will cover part of the emergency ride , but not all of it . You may want to add an accident rider or supplemental accident plan to increase the amount that is covered . The advantage of the supplemental accident is that they will also cover dismemberment and death . Many will also help pay for emergency room visits and broken bones .


Input: Does health insurance cover ambulance rides?

Output: Ambulance rides , or any other emergency medical transportation , including vehicles equipped for land , air or sea , may be covered by your health plan . Coverage may vary from plan to plan and may be subject to your deductibles and coinsurance . Also , whether your ambulance service provider is considered in network or out of network may also affect your coverage . There may also be restrictions on whether or not the transportation is deemed medically necessary or not . If the service provided was deemed not medically necessary , or does not meet the definition of medical necessity , you may be responsible for the full amount of the service provided . If you have received emergency ambulance services and receive a bill , be sure to submit it to your health insurance company to seek payment or reimbursement . Also , there could be a limit , or cap , to what your insurance company may pay . So even if you do have coverage , you may still be responsible for a portion of the bill even after your deductible and coinsurance is paid . Be sure to read your Medical Policy , usually a booklet or pamphlet that your health insurance provider sends with your policy . If you do not have one , call the Customer Service Number , or many companies have the information online .


Input: Who Is Foresters Life Insurance?

Output: Forester 's Life Insurance is offered through the Foresters fraternal benefits society . They sell insurance in the United States , Canada and the United Kingdom . Policyholders become members in their organization and become eligible for member benefits . To compare Foresters Life Insurance quotes , company information and policy features with other companies , contact a website that offers free quotes or consult your local agent .


Input: Can I get life insurance with high blood pressure?

Output: You can secure life insurance coverage even with high blood pressure . Assuming there are no other medical items , managed high blood pressure under the care of a doctor can be underwritten quite favorably . And keep in mind that some carriers draw a distinction between hyper tension and high blood pressure , i.e do n't define yourself ... your doctor will do that for you .


Input: Can I get life insurance with high blood pressure?

Output: Having high blood pressure in and of itself , will probably not keep you from obtaining Life Insurance especially if you are under medical care and it is controlled . Depending upon the company 's underwriting guidelines , it may be that coverage would be offerd to you at a higher rate than say someone else your age who has `` normal '' bloodpressure . HIgh blood pressure in combination with other factors such as age , health issues or history may affect a company 's ability to offer coverage , but as always , talk to your Insurance Professional .


Input: Can I get life insurance with high blood pressure?

Output: You can get life insurance if you have high blood pressure . The factor that insurance companies look for when it comes to high blood pressure is how many medications that you take to keep it under control . If your doctor has you on more than one prescription for high blood pressure , it means that it is not under control . When your blood pressure is not under control , it can lead to a stroke . Most of the time , there are limited opportunities for insurance if you have had a stroke recently . However , there are easy issue policies that dont ask about how many medications you are taking . These policies usually have a higher premium because they ask less health questions . Most insurance companies will also put a cap on the benefit for these policies . Make sure that your agent knows your complete health situation so that she can find you a policy that you will be able to qualify for . There are definitely a lot of options for you when you have high blood pressure . If you are on several medications for blood pressure , talk to your doctor and see how you would be able to get down to one . Most of the time he will suggest that you diet and exercise . It is a serious matter so listen to what your doctor is telling you .


Input: Can I get life insurance with high blood pressure?

Output: The simple answer is ` Yes ' ... but it depends ... Most of my clients have high blood pressure and were able to be insured no problem . As long as it 's controlled it really does n't present an obstacle to getting insurance . I have n't had to deal with this scenario as yet , but I imagine it could become an issue if it is extreme high BP , but not insurmountable . At worse case , I believe , the individual would be `` rated '' and a corresponding increase in premium would be applied .


Input: Can I get life insurance with high blood pressure?

Output: If you recall a bell shaped curve you know that most people are somewhere in the middle . Now , think of all the things that can happen to people and realize that the standard rates for life insurance are designed for the people that are somewhere near the middle . Can someone with high blood pressure get life insurance ? I think that many companies will handle that , however , the rate may not be standard . They are not necessarily a standard risk .


Input: Can I get life insurance with high blood pressure?

Output: Life insurance companies have taken the stance that if you can control your blood pressure using reasonable methods of medication or diet or otherwise , you can probably buy life insurance . It is more complicated than that but controlling your blood pressure is the starting point . You wo n't likely buy life insurance without an increased premium when you suffer from blood pressure control issues . If you can demonstrate a history of making and taking the steps necessary to return to a more normal state , underwriters will tend to issue coverage when you show a history of blood pressure maintenance in a normal range . The totality of your health picture is important . If you are overweight with blood pressure issues , or smoking and have high blood pressure , have other medical conditions along with high blood pressure , for example , these other complications lowers the chance you 'll get coverage or a rate you find attractive . WIth more and more underwriting looking at family history and genetics , and with solid medical success treating blood pressure , underwriters and carriers are more willing to write life insurance for clients with high blood pressure controlled to within striking distance of normal pressure levels .


Input: Can I get life insurance with high blood pressure?

Output: That is a great question ! Many people think that with a health issue like high blood pressure or diabetes that they will be denied coverage , or that it will be prohibitively expensive . Fortunately , that is rarely the case . Most companies will overlook diabetes and high blood pressure if they are controlled , and managed well by medications and a healthy lifestyle . In cases where they are more of an issue , there are still policies that are easily qualified for . Find a good independent agent near you , and have them walk you through the process of finding the best policy for you . Thanks for asking !


Input: Can I get life insurance with high blood pressure?

Output: High blood pressure is a common affliction , so common in fact that it affects tens of millions of people . Life insurance companies however consider it to be an additional risk factor when providing policies . In most cases , even if you have high blood pressure , you will be able to get life insurance , but the premiums might be higher than they would be for a person who does not have it . In some extreme instances , an insurance company might even decline your life insurance application as a result of your blood pressure . Much depends upon the company that you apply to for insurance . There are many different companies , and each tends to have a somewhat different view of the significance of high blood pressure .


Input: Can I get life insurance with high blood pressure?

Output: High blood pressure has it 's own set of circumstances . The diagnosis requires more information . Underwriters like to see control of two years or more either with or without medication . It is not uncommon to take up to a year just to control readings . The magic normal range which is 120/80 or as near as possible for a two year or more period can result in a standard issue premium on most life insurance policies .


Input: Can I get life insurance with high blood pressure?

Output: High blood pressure is actually a situation where if you have it , and you have it under control , longer is better . Why ? A good history of control gives the underwriter reassurance that you are good management of the situation . There actually would be more underwriting concern if you were newly diagnosed as you have n't had a chance to build a medical history of control . While HBP would eliminate a preferred best classification with allmost all companies . Good control , good health history -LRB- in other health aspects as well as BP -RRB- would still allow someone searching for coverage to obtain good rates and classification for coverage .


Input: Can I get life insurance with high blood pressure?

Output: Some companies ask whether your blood pressure exceed an average reading over the past years . Some ask if it ever went over a maximum reading during the past few years . If you have had problems keeping your hypertension under control , it is important to apply with the carrier that best phrases that question to your benefit .


Input: Can I get life insurance with high blood pressure?

Output: Your blood pressure would have to be very high and or erratic for you not to qualify for any coverage . Also depends the type of plan you are looking for . Small burial type plans are very forgiving on issues like high blood pressure . If the the blood pressure is controlled by medications and other health history is good many people can qualify for preferred rates . Note that each company has their own range of pressures that qualify .


Input: Can I get life insurance with high blood pressure?

Output: If your high blood pressure has been well controlled with medication for several years , you will have no problem at all qualifying for life insurance with just about any company you want . If it is out of control even on meds you will have more problems . Your insurance broker can shop any health condition . For you and find you a good rate .


Input: Is It Illegal To Have No Home Insurance?

Output: Homeowners insurance is usually required by the mortage company and therefore from that perspective home owners is required . Even if you do not have a mortage and someone is injured on your property are you sure you intend to make your personal assets subject to a legal cliam ? What if someone breaks into your home and steals all your prized possesions ? What is a `` thunder storm '' causes lightning to strike your home and the electrical circuitry rendered useless ?


Input: Where Can I Get Cheap Health Insurance?

Output: The best health insurance rates can easily be found online . Whether you have pre-existing medical conditions , or are simply shopping for a catastrophic medical plan , an experienced broker and their website will save you money , time and frustration . Individual , family and small-business coverage is available . That 's our job and perhaps the main reason consumers realize that obtaining affordable coverage from reputable companies is easiest when letting the experts find the best offers . LIVE answer provided by : Ed Harris , premier health insurance broker for 34 years , and owner of several top-rated consumer websites that offer the lowest available health insurance prices from the top-rated companies .


Input: What Are Medigap Policies?

Output: Medigap plans -LRB- commonly referred to as Medicare supplement plans -RRB- are designed to help seniors who want high quality healthcare and are on Medicare , cover the gap between what hospitals and doctors charge for their services and what Medicare will pay . Health insurance is constantly changing , which can make finding the right plan for you very strenuous . Supplementing your Original Medicare coverage -LRB- Medicare Parts A & B -RRB- with a Medicare Supplement plan will help you create a very predictable expense structure for your healthcare and allow you to see any doctor you want that accepts Medicare . Any doctor that accepts Medicare will also accept your Medicare Supplement plan . There are 10 different Medicare supplement plans and they are all standardized , meaning a plan F from company A and a plan F from company B feature the EXACT same benefits . The 10 different plans available are plans A , B , C , D , F , G , K , L , M , and N -LRB- a high-deductible plan F is also available that features a $ 2,140 deductible in 2014 - the trade-off being a substantially reduced premium -RRB- . Each plan offers certain benefits some more comprehensive than others . Each plan must cover a core set of benefits -LRB- also known as the basic benefits -RRB- . The basic benefits are : 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefits are used up . 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment There 's a total of 9 benefits that can be secured . The other 5 benefits available under a Medigap plan are : 1 -RRB- Skilled Nursing Facility Care coinsurance 2 -RRB- Medicare Part A deductible 3 -RRB- Medicare Part B deductible 4 -RRB- Medicare Part B excess charges 5 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Each plan features a different structure , Each plan covers a different combination of these 9 benefits -LRB- some of the plans feature coinsurance or copayments for certain benefits -RRB- . If cost is not a major factor for you , Plan F will be the recommended choice because it covers all 9 benefits at 100 % - it 's the most popular plan by far . If you 're looking to keep your costs down , but still have very comprehensive coverage , you may want to look at plans C , G , and N as well . Consult with an experienced broker to review the plans in detail to see which one will best serve your needs . We have an in-depth knowledge of Medigap plans , provide quotes from multiple carriers , and help you determine the one that 's going to be most suitable to your needs and budget . Please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: What Are Medigap Policies?

Output: That is an excellent question ! There is a `` gap '' between what your Medicare coverage pays for , and what the provider charges for the treatment . That difference , along with your co-pays and deductibles are what you have to come up with . For many folks , that amount is too much . So insurers offer Medigap plans , or supplemental insurance plans , to help fill in that `` gap '' . The good part is that the plans provide a stable , easily accepted way to help cut your costs ; the bad part is that there are many to choose from , and it can be very difficult to find the one that will work best for you . It is important that you work with your health care professional to get what is best for you . Thanks for asking !


Input: Does Auto Insurance Cover Engine Damage?

Output: If the engine damage is a result of a covered peril in the policy , then there would be coverage . In other words , as an example if the damage is caused by a collision , then the engine as well as other parts would be covered under the collision portion of the policy and subject to that deductible .


Input: Does Auto Insurance Cover Engine Damage?

Output: Auto insurance is not a maintenance contract and does not cover any type of auto repair not caused by an accident . Auto insurance covers liability if you are sued , medical payments for persons in your car , protection from uninsured drivers , and if you have full coverage it will cover collision damages and under the comprehensive , glass , vandalism , and any loss other than collision caused by an accidental occurrence .


Input: What Does Suze Orman Say About Life Insurance?

Output: Let me first say that I am not a Suzie Orman fan but her recommendation to buy term insurance instead of the traditional cash value insurance is correct advise . Term insurance offers an individual or family the ability to purchase much more coverage in the early years when debts are the highest and loss of an income would be devastating and as the years pass the need lessens . Another more trusted person that offers the same advice is Dave Ramsey and I urge people to listen to his show on the radio of pick up some of his books . He covers this subject as well as others that will help families to become financially secure .


Input: What Does Suze Orman Say About Life Insurance?

Output: This is another one of those should n't you ask Suze about ? Suze Orman believes in term insurance for the most part . Her background is as a stockbroker , not as an insurance agent . Her views are shaped by the industry she started in . After the MEC laws came about in the late 80 's , you could n't find many stockbrokers who recommended anything other than term insurance . Probably the biggest reason behind this recommendation was term insurance freed more money for investments which they got paid on , so it made perfect sense to encourage the purchase of term insurance as it freed short term money for investment . The problem is when your investments do n't earn 12 % every year and year after year , things may not work out the way you want . You may find you need life insurance longer than you thought . The real problem with following any financial guru , even if their advice is sound , is what happens when things go off path 10 % or 20 % ? Does the plan collapse ? Was all the investment return earned just you could pay a much higher premium in your old age because you bought term as a young person ? It 's an odd thing to think about in planning but simply ask what happens if you 're wrong ? How much damage hits you if you guessed wrong about the future ? This means taking a broader approach to planning , spreading risk and return to have things work out in different markets . A racing scull is faster than a rowboat , but when a wave hits and flips the racing scull over , but rocks the rowboat , which was a better choice for the body of water ?


Input: What Does An Life Insurance Underwriter Do?

Output: A life insurance underwriter is a key part of the Life Insurance Company . The actuary , another person , sifts through mountains of data to determine the life expectancy of a standard risk based upon each possible age . The underwriter determines if the individual is standard . They take personal declarations and information given by the applicant . They review medical records provided by attending physicians . They look at driving records . They can order tests and background investigations . If everything is normal the policy is likely to be issued standard . If the person is better than average , they might be preferred . If something makes the person more likely to experience early death they will be offered a rated policy . If they are too far from standard the underwriter is likely to decline them .


Input: Does Nationwide Auto Insurance Cover Flood Damage?

Output: I can not speak to nation wide because I am not appointed with them , however , I can say that the comprehensive form -LRB- other than collision -RRB- does cover water damage from floods . There is a caveat : if you live in an area that is susceptible to hurricanes or floods frequently there might be a sub-limit or exclusion to flood damage . You will have to examine your policy to make sure you do have flood coverage under your comprehensive section if you live in such an area .


Input: Where To Buy Individual Disability Insurance?

Output: When you purchase disability insurance through a website or a local agency , remember to ask for quotes from at least two carriers . Most agents have the means to receive quotes form multiple carries , so they can show you a few different options . Do n't just pick the cheapest product . Listen to your agent when she explains the different riders and provisions so you receive the BEST policy , not the most inexpensive .


Input: Where To Buy Individual Disability Insurance?

Output: You can buy individual Disability Insurance from a website or local agency that sells it . While they may not always advertise selling Disability Insurance , the companies that offer Life or Health Insurance are many of the same ones that offer Disability Insurance . And some , like ours , use a Disability Insurance broker so that we can be sure we are giving our clients the most competitive DI quotes available .


Input: Which Is The Best Car For Cheap Insurance?

Output: The least expensive option for car insurance is liability only . Most states require that you have at least liability insurance which covers the other person and their car when you are at fault in an accident . Liability only does not provide any coverage for your car and therefore is the least expensive option .


Input: Which Is The Best Car For Cheap Insurance?

Output: Typically , the best car for the cheapest car insurance tends to be compact vehicle that cost less than $ 20,000 , and perhaps even $ 15,000 . The Kia Sorento , Honda Fit , Chevrolet Equinox and Hyundai Tuscon are four vehicles that will be easy on your premium . Of course , contacting an experienced broker or utilizing a respected website will give you much more detailed -LRB- and free -RRB- information .


Input: Can I Switch Health Insurance At Any Time?

Output: The answer is yes with conditions . A person can only switch an ACA qualified plan during open enrollment which is Nov. 15th to Feb 15th . However , a person can switch to another unqualified or alternative plan from the ACA plans at ay time if he or she is willing to pay a penalty to the govt . for choosing a non-qualified plan . Incidentally , many of my clients choose to be insured under a plan outside of the govt . plans to either save premiums or just because they do n't like the Obamacare plans offered . My company , The Hinch Financial Group , offers a great alternative plan to Obamacare that is really catching fire in South Carolina . It has one of the strongest PPO networks , flexible choices , and a much lower premium . If anyone is interested in learning more please call me at 843-450-9879 or visit my website .


Input: Can I Switch Health Insurance At Any Time?

Output: No , not really . If you are talking about the individual health insurance market then your freedom of movement has been severely restricted by the Affordable Care Act -LRB- ObamaCare -RRB- . So , outside of the annual open enrollment period each year you can only change your health insurance coverage if you experience a change of life status event or special election period as defined under ObamaCare . Some examples are getting married or divorced , having a child or moving to another state or outside your current carrier 's service area in your state . Similar restrictions apply if you are covered under a group health plan that offers multiple options or one of the new private health insurance exchanges that some companies are moving to . An increasingly common situation that many consumers are being or will be faced with is finding out that their favorite physician is no longer participating in the provider network of the health insurance plan they enrolled in . Cancelling your coverage to switch to a new insurance carrier in mid-year that does have your doctor as an in-network provider wo n't meet the criteria for a change of life status event or a special election period . You could cancel your old coverage but you would have to wait until the next open enrollment period and the first of the year to get new individual health insurance . Failure to pay your monthly insurance premium is also not a qualifying event and can leave you out in the cold until the next enrollment period so do n't think about that as a strategy to change insurance carriers in mid-stream . While this was tied into a continuation of coverage under COBRA issue , I recently witnessed a heartbreaking example of this situation . I received a frantic call from the girlfriend of a man who has terminal cancer . At first she was unsure as to his last day of being covered under his employer 's plan and whether he had continued his coverage under the Federal COBRA continuation guidelines . In fact , the initial information she gave me was that he had not continued his group coverage and was still within the 60-day window that a person has to purchase individual coverage after losing their employer based coverage . If this had been the case , even though the man was being treated for terminal cancer I would have been able to enroll him in major medical coverage that would have had to cover his care immediately . After digging into this man 's situation more deeply we discovered that he had elected to continue his coverage under his former employer 's plan , had paid the first month 's premium by check but had then failed to make his second month 's premium payment and had his COBRA coverage cancelled due to non-payment . The fact that this man was undergoing intensive chemo & radiation therapy and being given massive doses of pain medications made it understandable as to how he missed making that second premium payment but that did n't stop the COBRA plan administrator from terminating him for non-payment . Unfortunately , as cancellation of coverage for non-payment of premium is not a qualifying event the individual major medical carriers were within their rights to decline him for coverage until the next open enrollment period and coverage effective January 1 , 2015 at the earliest . This has left the man uninsured at the worst possible time and has his friends and family raising money for his care . If he is still alive by the first of the year I 'll be able to get him coverage but his life expectancy is not that great but the bills he is accumulating are .


Input: When Will Medicare Pay For A Scooter?

Output: Medicare will pay for a scooter if your doctor has deemed it medically necessary - you must have a medical condition that limits your mobility in your home and have difficulty completing daily living activities.Medicare will generally cover about 80 % of the cost - you would be responsible for the other 20 % as well as your Part B deductible .


Input: Can You Take A Loan From Life Insurance?

Output: If the permanent life insurance policy has accumulated cash values you can borrow a majority of the funds available . There are interest charges to borrow money from your policy . The are many policy loan interest charging methods like zero net cost loans , wash loans , spread loans , direct recognition loans and participating loans .


Input: Is Life Insurance Expensive?

Output: Life insurance is probably the most affordable insurance policy on the market . Especially for the young and healthy . The premiums are literally pennies on the dollar for the benefit in case of an unexpected death of a loved one that others depend on financially . The other thing to consider , life insurance is the only insurance guaranteed to pay a claim if it is enforce . We all die someday .


Input: Is Life Insurance Expensive?

Output: Life insurance is generally very inexpensive for the amount of coverage you get . E.g. For $ 50/month some people can get a policy with rates locked in for 20 years , that would pay their loved ones $ 500,000 if they died . The amazing thing is , this policy could pay out $ 500,000 for one $ 50 payment , if death occurred one month after taking out the policy . Where else can you find a return like that ! On the other hand , for some people , life insurance is expensive , although generally less expensive than health , long term care , or disability insurance . For someone who is up there in years or has serious health problems , the premium is higher because their chance of passing away is higher . However , they again get the advantage of the policy paying out the full benefit if they would pass away shortly after the policy is purchased -LRB- in a graded policy , two or three years after the policy is purchased -RRB- . That type of feature is impossible to find anywhere else .


Input: Is Life Insurance Expensive?

Output: If you compare the price of life insurance with the benefit , it is a bargain . Rarely does anyone pay more for their life insurance than the death benefit paid to their loved ones . When life insurance becomes expensive is when it expires prior to death . Then it is pure expense . A life insurance agent that will listen to you , provide sound financial advice and communicate clearly with you and the insurance company is the best resource to develop a life insurance plan that will meet your need and fit into your budget .


Input: Is Life Insurance Expensive?

Output: Life is priced by age and health , as well as by what type of life insurance you purchase . If bought at a young age and in good health , life insurance is very inexpensive . Term insurance is less expensive than Whole Life . If purchased in one 's senior years or while having very poor health , life insurance can be expensive . But the benefit paid out is still generally far more than what is paid into the policy .


Input: What Health Insurance Covers Rotator Cuff Surgery?

Output: Most policies will cover your rotator cuff surgery , assuming they are qualified Exchange plans that have essential health benefits . There may be a deductible and copay involved , along with additional out of pocket expenses . Consult an experienced broker to help you find the best plan at the very cheapest available price .


Input: What Life Insurance Company Is The Best?

Output: Stating which life insurance company is very difficult . The best company is the company that has the best coverage to meet your individual goals at the most affordable rates . The trick is there are so many factors in life insurance underwriting it is really hard to know . Therefore I recommend using an experienced independent life insurance broker who can professionally shop the market to find the best product at the best price for your unique situation . Brokers are paid by the carriers and their advice is free to you .


Input: What Life Insurance Company Is The Best?

Output: There is really no such thing as the `` best life insurance company . '' Each company has different options and benefits . First , decide what your financial goals are . From there it will be easier to find a company that provides policies with the right solutions that are also within your budget . Shop around or find an independent agent who will do the shopping for you .


Input: What Happens When Your Home Insurance Is Cancelled?

Output: When your homeowner 's insurance is cancelled , you better make sure you do n't have to turn in a claim ! You will be refunded any unused premium and it would be a good time to start looking for new coverage , if you can qualify . A seasoned reputable broker can help you find new coverage .


Input: Is Cash Value Life Insurance Protected From Creditors?

Output: Life insurance is personal property . Permanent life insurance generally has cash value . But it is one of the unique assets that are creditor proof for most states , i.e. not all . Consider the exposure of small business to the claims of creditors . Holding a cash value life insurance policy personally and not in the business could give access for liquidity , death benefit for beneficiaries and be creditor proof in most states .


Input: Is Cash Value Life Insurance Protected From Creditors?

Output: Yes , life insurance is one of a very few forms of property that is inherently protected from creditor claims . But in many states , the protection is limited in scope and/or by relatively small amounts . For example , in California , the protection limit is less than $ 10,000 , while in Hawaii and Florida there is n't a limit . Asset protection is a complex area so check with local tax and legal experts who can advise you .


Input: Is Cash Value Life Insurance Protected From Creditors?

Output: Yes , creditors can not touch the cash value of life insurance nor can they touch the death benefit as long as there is a named beneficiary and the money is not left to the estate . It is also protected from a divorce settlement and lawsuit . This is what makes whole life an attractive base to a good financial portfolio .


Input: Is Cash Value Life Insurance Protected From Creditors?

Output: In many states life insurance is creditor protected by law , in some cases , including bankruptcy . Most states have specific guidelines and definitions as to how the policies are structured in terms of owners and beneficiaries , and the level of protection varies widely from state to state . By using these statutes , you and your attorney can characterize exposed cash assets subject to creditor risk to protected assets with a death benefit .


Input: What Is The Medigap Open Enrollment Period?

Output: Other than your initial enrollment period , Medigap does not have an open enrollment period . For most people , when they turn age 65 and sign up for Medicare Part B , their initial enrollment period starts . During that 6 month period you can sign up for any Medicare supplement plan without providing evidence of insurability . But you are allowed to buy or change your Medigap plan at any time of the year .


Input: Is Buying Life Insurance Online Safe?

Output: Buying online life insurance can be safe or not . Be sure you are on a secured website -LRB- WEBSITELINK Here is the real issue with putting your personal information online . The majority of `` shopping '' life insurance websites are `` lead '' companies . These companies sell your information to life insurance agents all over the country to sell you a policy . It is not uncommon for unsuspecting consumers to receive 40 phone calls and emails per day for weeks . it is really hard to stop . I suggest asking family , friends and coworkers for referrals to life agents in your area . Use someone you know and trust to purchase a product this important .


Input: Is Buying Life Insurance Online Safe?

Output: That is an excellent question ! Honestly , I really do n't believe so , and I 'll tell you why . The first reason is that you do n't have any idea who you are speaking with , and whether they will be there if you need them . Maybe I 'm old school , but if I 'm going to be giving someone my money and expecting them to be a part of protecting my family , I want to know them . I do n't trust giving my family to a faceless , impersonal website . The second is the security of my personal information - who sees it , how well is it protected , and how do I know where it went ? With the rate that companies seem to be hacked , I think I prefer knowing my stuff is locked in a cabinet somewhere vs. floating around in cyberspace , available to whomever . The third reason is that the internet prices shown to lure you in are `` best scenario '' prices always - they are the worm on the hook , and far too often are n't what your price is after they 've underwritten the policy . With a live agent , that is much less likely to happen . Can it be safe to buy online ? Probably . Would I personally do it ? No . I hope that helps , thanks for asking !


Input: Is Buying Life Insurance Online Safe?

Output: I can see we have some conflicting opinions here , which is healthy ! I can not imagine that there are any life insurance companies who do not use computers to store their data about their customers , in this day and age . They are able to protect it through elaborate security measures . In the same way , online agencies can employ top notch security measures to protect their clients ' information . E.g. . In our office , the security is set up for multiple businesses , and our IT is extremely advanced . You should take safety into consideration when buying online . You should also take into consideration the credentials of the agent you are working with . Many online agents are working out of offices and simply using the internet to give their customers what they want : a convenient way to do business . People do not have to sacrifice safety , good service , and helpful professional advice to shop for life insurance online . They just have to select the right websites .


Input: Does Full Coverage Auto Insurance Cover Rental Cars?

Output: This gets a little tricky as most companies will extend liability coverage if you are at fault and injury someone in an accident . What wo n't be covered is the time it takes to repair the rental car if you damage it . For example if the rental car cost $ 50 per day and it takes 60 days to get the car fixed the potential charge for the lose of use of the vehicle could be $ 3000 out of your pocket .


Input: Does Full Coverage Auto Insurance Cover Rental Cars?

Output: This would be a good thing to discuss with your Insurance Professional as it relates to your particular policy . However , for the most part , standard policies provide coverage for your vehicle and for any private passenger vehicle you are driving while it temporarily replaces yours . In cases such as this , the coverage that you have on your policy would extend so if you have both Physical Damage Comprehensive and Liability coverage , this full protection would extend .


Input: Where do I find a Montana agent?

Output: Our agency covers Montana . You can contact me with the button provided . We are able to do business long distance and are reached within seconds by phone or email . Otherwise , you can look in the Yellow Pages of your phone book , or google `` Insurance Montana Agent '' to find someone local .


Input: How Can I Find Out My Neighbors Homeowners Insurance?

Output: That 's a great question ! The best answer is also the most obvious - go ask them . If you are wanting to file a claim against their insurance company , there are really only two ways you are going to find out who that is , legally - ask them , or file the claim with your agent , and have them file a claim legally against your neighbor for compensation . Short of that , because of the Patriot Act , their privacy is protected just as yours is , and you will have very little luck finding out on your own.Thanks for asking !


Input: Does Medicare Cover Braces?

Output: In general Medicare does not cover braces . Dental care is not included in coverage , and most people are not eligible until age 65 . Medicare covers hospital expenses , doctors fees , and costs of medical supplies . Dental care is not covered by medicare unless associated with a related accident or illness . Teenage children are the primary demographic needing orthodontia , and are far too young to qualify for coverage .


Input: Can I Stay On My Husband's Health Insurance?

Output: The answer to this question could be yes or no , depending on a variety of factors . If your husband has an individual policy , not related to his employer , than you can certainly remain on his policy . If your husband 's coverage is employer sponsored , then the rules set by the employer 's plan would be the guiding factor in this answer .


Input: Can I Stay On My Husband's Health Insurance?

Output: A little more context would have helped here . I will presume you are asking about staying on your husband 's group health insurance . Here you can get a definitive Yes and No . It really is now a matter of the husband 's employer 's personnel policies . As a general rule in 2o14 , employers who are offering group health insurance to their employees also make that coverage available to the employee 's dependents , including spouses . One of the oddities of the Affordable Care Act is that it does not define spouses as being eligible dependents . So , technically , as long as they offer coverage to dependent children , an employer could actually exclude spouses from coverage under the terms of its group health plan and be within the letter of the law . Very few employers have taken things to the extreme of completely dropping spouses from eligibility . You do , however , see a growing move to either require working spouses who have coverage available from their job to enroll in their employer 's coverage or even more commonly , such spouses are assessed a higher premium from their spouse 's health plan if they could be covered elsewhere and waive that coverage . This is an area where employer policies are evolving rapidly so it will be wise to stay up to date on these matters with your husband 's coverage .


Input: Can You Have Too Much Life Insurance?

Output: There 's generally a limit to how much life insurance you can have . With most insurance companies , this limit is 20x your income - some companies may view a limit of 25x income or 30x income . Even if you do not have your entire coverage with one carrier , these limits will still apply - on every application , the carrier will ask you about existing or pending coverage and want to know the total amounts you have or are looking to place in force . Keep in mind , there has to be an insurable interest and a need to buy the coverage -LRB- e.g. income replacement , estate planning purposes , family protection , etc. -RRB- . The average person does n't have enough coverage to cover every financial need - generally due to their ability to write the check for the amount needed to cover every need and/or not understanding how much coverage would be necessary to cover all of the financial needs -RRB- . A life insurance needs analysis is a great way to determine how much coverage you would need to cover all financial burdens in the event of your death - as many may not want to buy the resulting amount , you can break the figures down and determine which needs are the most important to protect . Your best bet is to work with an independent life insurance agent/broker than can go through the needs analysis process with you and compare multiple options to find the program that will best serve your needs .


Input: Can You Have Too Much Life Insurance?

Output: Too much is whatever is more than you need . For example , if you are independently wealthy or have no dependents , any amount of life insurance is too much . For everyone else , too much is whatever is more than you need to cover your dependents and debts if you are gone . Otherwise , your money is put to better use if you pay off your mortgage and outstanding debt , invest in an IRA or college fund . Use a good life insurance needs calculator , to match your needs with the amount of coverage you should have . You can find one at WEBSITELINK


Input: Can You Have Too Much Life Insurance?

Output: Yes , there is a formula that life insurance underwriters use to calculate the amount of life insurance you may purchase . Different insurance carriers use different but similar formulas . Depending on age it could be as high as 35 times annual income or as low as 20 times annual income . The underwriters will also consider your assets as well . Remember there must be an insurable interest in order to purchase life insurance . This means a person , loan institution , loved one , or business partner would suffer a financial loss upon your death . This can be more important than the face amount .


Input: Can You Have Too Much Life Insurance?

Output: Yes you can . More people do n't have enough life insurance , but you can have too much . The life insurance companies have methods in place to monitor for that . Your best bet is to sit down with a qualified life insurance agent and conduct a complete needs analysis and discover what you want your loved ones to experience if you are gone and that should help you to decided how much life insurance coverage to get . Hope this helps .


Input: Why Is It Important To Purchase Life Insurance?

Output: Many people use life insurance to replace their income . Just by virtue of that fact , it is impossible to save up a lifetime of income , and have it ready to provide for those who are left behind , if the earner passes away at a young or middle age . Life insurance can provide that income to one 's family at a relatively low cost per thousand dollar benefit . There are many other reasons to buy life insurance , but as Jack stated , providing for your family is most important .


Input: Why Is It Important To Purchase Life Insurance?

Output: Life insurance is not for the person who dies . It is to help and assist the living in carrying on after the loved one is deceased . So fundamentally you buy life insurance to help your family continue on especially in the event that you die unexpectedly or at a young age . Another good reason to buy life insurance is because some types of insurance -LRB- whole life -RRB- builds up a cash value from your premiums that you can use in the form of a withdrawal or loan in times of need . Call or visit an agent that can assist you further .


Input: How Good Is Colonial Penn Life Insurance?

Output: Since I have no personal connection or experience with Colonial Penn Life Insurance Company my first `` go to '' for information about any insurance company is to check the independent ratings . You can check them for yourself by searching the internet for `` comdex rating for ___ '' whatever company you want to search for . What I found for Colonial Penn was that they do not rank among the top 250 life insurance companies in America as of December 2013 . Top Life INsurance Reviews.com posted the comdex along with the AM Best , Standard & Poor , Moody 's , and Fitch rankings for each of the top 250 and Colonial Penn was not listed .


Input: How Good Is Colonial Penn Life Insurance?

Output: The most popular plan offered by the Colonial Penn Life Insurance Company is their guaranteed acceptance life insurance . The maximum face amount offered for that product is $ 8,000 . They do offer a few other products as well , with the maximum face amount of $ 50,000 for one and $ 25,000 for the rest . As far as I know , their life insurance is fine . Since it does not require an exam , you may be able to find lower prices elsewhere for those aimed to persons with good health . Their parent company , CNO Financial Group , is based in Indiana . Colonial Penn Life Insurance Company is rated B + + by AM Best .


Input: Which Is Better Medigap Or Advantage Plans?

Output: Since working in this field I firmly believe that Medigap or Medicare Supplements are much better that Medicare Advantage Plans . First of all there are no network restrictions with a Medigap plan , you can see any doctor or hospital of your choice in the United States that accept Medicare . If you like to travel you are out of network with a Medicare Advantage Plan which means when you see doctors or hospitals that are outside of the network your Medicare Advantage Plan may not pay any of the cost . The right Medicare Supplement Plan to go along with your Original Medicare will keep your out of pocket cost very low for doctor and hospital services . Medicare Advantage Plans have high out of pocket cost when you are faced with serious or chronic health conditions . Depending on the plan your maximum out of pocket in a calendar year could be as much as $ 6,700 . The freedom to see any doctor or hospital of your choice combined with low out of pocket cost make Medigap much better than Advantage Plans .


Input: Which Is Better Medigap Or Advantage Plans?

Output: Medigap plans have very low max out of pocket costs other than the monthly premium . The plan benefits ca n't change from year to year . There is also no network with a Medigap plan which means you can go to any doctor or hospital in any state . If they take Medicare they will take your Medigap plan . Medicare Advantage plans often have a very low monthly premium or no premium at all . However , the max out of pocket costs can be as high as $ 6,700 per year . The plan benefits can change every year . The network of doctors and hospitals can also change from year to year . Doing a needs analysis with a licensed agent that specializes in Medicare plans will further help you to determine what is best for your specific situation .


Input: Why Do I Need Renters Insurance?

Output: Renters insurance helps provide protection for the insured personal property and also provides liability protections for the insured to help prevent the insured from incurring a financial hardship due to an accident . Besides providing personal property and liability coverage most policy 's included what is called `` loss of use '' this typically helps provide for transitional living expenses after a covered loss .


Input: Does Homeowners Insurance Cover Dorm Rooms?

Output: You would want a renters policy for the dorm room to ensure that you are properly covered in the case of a covered loss . Homeowners insurance may provide some limited coverage for your personal property while residing in a dorm room but you would be fully covered under a renters policy . To fully understand the coverage offered by your policy you are encouraged to read it completely or contact your local agent to have them go over the coverage and exclusions with you .


Input: How Much Homeowners Insurance Do I Need In Connecticut?

Output: Talk to your insurance professional and ask about insuring to value . This means insuring to the calculated cost to reconstruct your home in the event of a loss . Your agent will be able to offer a comprehensive reconstruction analysis and based upon that , make a proper recomendation for the amount of coverage . Once that is established be sure that a reconstruction cost guarantee is included in your policy .


Input: Why Am I Forced To Buy Auto Insurance?

Output: While no one expects to be in an accident , it does happen , even to the best drivers . If you injure someone and you are at fault you have a legal and moral responsibility to that person . By requiring auto insurance the states are making sure that those who drive are willing to accept financial responsibility . Driving is a privilege not a right .


Input: What Is Extended Coverage Homeowners Insurance?

Output: Different companies and different states have different nomenclature for coverages . What this typically means is limit that coverage extends to another higher limit in the event of a total loss exceeding the Coverage A -LRB- homeowner Dwelling limit -RRB- . If you have a replacement value of say 400,000 on the house , then the maximum that would normally be paid for replacing the house would be $ 400,000 . But setting the value of replacement is not exact science and is also a moving target . If your home is destroyed by a fire it may be possible to rebuild within that 400,000 limit . But suppose the the city you live in is ripped apart by a tornado . Now there could be escalating costs of material and labor . What the extension does is give you an extension to another limit if needed . The extensions are usually sold in percentage increments such as 25 % ,50 % or even 100 % . So , back to the 400,000 coverage on the house . If 25 % extension then the limit of coverage is increased to a maximum of 500,000 -LRB- 400,000 X 1.25 -RRB- I hope that helps . If you live in one of the following states I would be glad to assist you : AZ , CA , MO , TX and GA. -LRB- call 1.866-933-4372 -RRB- otherwise seek out an Independent agent in your area who represents sever companies . Jack Heller , CPCU


Input: What Is Extended Coverage Homeowners Insurance?

Output: Extended coverage is provided IN ADDITION to your Coverage A limit . Let me explain : Assume your homeowners policy covers your house for $ 100,000 . A storm comes through and completely wipes out your house . While you are in the process of rebuilding , you find out from the contractor that it 's actually going to take $ 110,000 to completely rebuild . If you have extended coverage on your policy , it will cover the extra cost of $ 10,000 . Typical homeowners policies will have built in to the price additionally 25 % . But ask your agent specifically what that policy has , as all companies are different .


Input: Can An Unlicensed Person Buy Auto Insurance?

Output: There are circumstances in which an unlicensed driver may purchase coverage , but these situations are not a person that has never been licensed . They are typically a person that has had a license that has been suspended or revoked and typically involve an SR-22 . If you are uncertain about if you are eligible to purchase coverage ; I would recommend contacting a local agent that can provide you with what is available or what you might need in a specific situation .


Input: How Much Does Medicare Pay?

Output: Medicare pays a significant portion of your hospital stay during the first 60 days after you have satisfied your per benefit period deductible . Medicare also pays 80 % of Medicare approved Part B claims after you have fulfilled your annual deductible . When you use providers that accept assignment they can not balance bill you for excess charges .


Input: Does Medicare Part B Cover Zostavax?

Output: No . Zostavax is for the shingles vaccine shot and is not covered by Medicare Part A or Part B. Vaccine shots are covered under Part D prescription drug plans . You can use the plan finder tool on the Medicare.gov website to see what plans in your area will cover the vaccine shot .


Input: Can I Write Off Long Term Care Insurance?

Output: I assume that the question is : `` Can I take the premiums I pay for long-term care insurance -LRB- LTCi -RRB- and deduct all or part from my income tax return ? '' The answer to that question is `` Possibly '' . The IRS permits a non-business owner to applya portion of the premium paid for LTCi to the medical expenses section of Section A. There 's a cap on how much one can apply to `` medical expenses '' in this part of Schedule A . It goes up every year . Here 's the current table for 2013 : If you are 40 , or younger , you can apply $ 360 of your premium to `` medical expenses '' . More than 40 , but no more than 50 , $ 680 More than 50 , butno more than 60 , $ 1360 More than 60 , but no more than 70 , $ 3640 More than 70 , $ 4550 The maximum one used to be able to totally deduct for `` medical expenses '' on Schedule A had to exceed 7.5 % of adjusted gross income -LRB- AGI -RRB- . I believe that is now 10 % of AGI , or soon will be . One can check for this information at WEBSITELINK . If addingthe maximum allowable LTCi premium amount from the table above to the `` medical expenses '' of Schedule A does not push your total expensesover 10 % AGI , no deduction is allowable . But , if it does , you can only deduct that amount that exceeds 10 % of AGI . If you are a business owner , there are severaloptions for deducting LTCi premiumsother than using the Schedule A formulas and threshold . Most tax preparation software and certainly professional tax advisors will show how one might deduct LTCi premium payments , depending on how the business is set up -LRB- sole proprietorship , S-corp , C-corp -RRB- for tax purposes . Under current tax code , C-corps have the most generous allowances for deducting the payment of LTCi premiums by the company . Legislation for 100 % deduction of LTCi premium payment was in committee in Congress at the time of the terrorist attacks of 9/11/2001 . That event put virtually all increasedallowances and tax incentives for private purchase of LTCi on hold . No legislation is currently pending to change the in force formula shown above . It will increase in 2014 and forward for as long as Congress allows . At this writing , a special commission on the federal government 's involvement in supporting the height costs of long-term care for the elderly is being debated and testimony is being received from elder-care professionals . So far , little has been discussed about the role of privately owned LTCi as part of a solution for the coming crisis of those in the baby-boomer generation `` taking too long to die '' . No part of this answer is intended to be tax advice . Consult with a qualified tax professional before making any decisions regarding the purchase of financial instruments or insurance policies and the tax treatment thereof .


Input: What Companies Are Writing Homeowners Insurance Policies In Florida?

Output: I live in North Central FL and I just switch to a company , their premium was about 40 % lower . They are pretty aggressive in this area . It also depend in the area of the state you live . Most companies will not write in some counties . I am a producer for an agency in my area with appointment with companies that will do business in this area .


Input: What Companies Are Writing Homeowners Insurance Policies In Florida?

Output: There are several companies writing homeowners insurance in Florida however not many of the big national carriers . Your best bet is to check with a local agent and they should be able to tell you which companies are willing to write a policy for your property . Once you know your options I would search the internet and see what others have to say about the company .


Input: Can You Use Life Insurance As Collateral For A Loan?

Output: Depending on the type of policy you may be able to borrow from the cash value of the policy itself , or you may use the policy as collateral for a loan . Permanent life insurance policies have the ability to grow cash value - whole life is the best for this - but Term policies have no cash value and therefore are not usable as collateral for a loan . And not all banks will accept even Whole Life policies as collateral . You should check with the insurance company that your policy is with to see if there is an agreement in place where your policy may be used to secure a loan .


Input: Can You Use Life Insurance As Collateral For A Loan?

Output: Yes , you can use life insurance as collateral for a loan . SBA loans commonly come with the requirement that the borrower purchase a life insurance policy that will pay off the debt if the borrower should pass away before their obligations are fulfilled . Many people use No Exam life insurance for this purpose , so that they can get it in place more quickly .


Input: How Good Is State Farm Home Insurance?

Output: State Farm is a very reputable company and one of the largest carriers -LRB- property and casualty -RRB- in the US . Typically , rates are very competitive in most states and various additional lines of business are offered besides coverage for cars . Along with Farmers , Progressive , Geico and many others , State Farm insurers millions of vehicles in the US .


Input: Why Is It Important To Have Disability Insurance?

Output: It is important to have Disability Insurance if your income is needed for the well being of your family . It allows you to be paid even if you can not perform your old job , rather than forcing you to work at a job you detest just because you can do it . It gives you a cushion to get through a trying time .


Input: Does Homeowners Insurance Cover Chimney Damage?

Output: A chimney is part of a house . The company knows that your house has a chimney . If the chimney is damaged by a specified peril -LRB- i.e. windstorm -RRB- you can expect coverage . The recovery will be reduced by the deductible . Damage that is the result of wear and tear will not be covered ; it must be a specified peril as named in your policy .


Input: What Rate Do Annuities Pay?

Output: Tax deferred annuities have three basic crediting methods , one of which is fixed interest rates . Guaranteed fixed interest rates have guaranteed periods such as 5 , 7 or 10 years . The current Short term fixed interest rate for five years is around 2.75 % .


Input: Is There Any Life Insurance That Will Cover Someone With A Stroke And Diabetes?

Output: That is a great question ! There are a lot of people out there that are afraid that their health issues will keep them from being able to get life insurance . It 's something that sadly keeps many from even looking . I 'm really glad that you were brave enough to find out . There are definitely insurance companies out there that will write a policy for you , do n't worry . The trick is to find the one that will do it the cheapest , and with the best terms . Insurance companies use a `` look back '' period , and they will vary from company to company . I have some I work with that go back 5 years , and some that go back 2 . The severity of the diabetes weighs more heavily with some than others also , -LRB- especially if it was a contributing factor to the stroke , or any other health issue that you might have -RRB- depending upon the type and how it 's regulated . The agent will help you find a policy that will work for you . There are 3 basic categories of insurance - immediate issue -LRB- premier , ultra , etc. -RRB- that allows for the whole death benefit to cover as soon as it 's issued ; a ` graded or modified ' policy will have a period of time where the death benefit is limited -LRB- most often 2-3 years , and usually just what you 've paid in premiums and maybe a little interest -RRB- ; and ` guaranteed issue ' -LRB- also a graded policy , but with no health questions at all , and generally the most expensive , since they cover almost everyone -RRB- . A good independent agent can help you find the best of these for you . I hope that helps - thanks again for asking !


Input: Is There Any Life Insurance That Will Cover Someone With A Stroke And Diabetes?

Output: You can go about securing coverage in one of two ways for this type of medical history . A route with no medical questions would be issued under a guaranteed-issue , graded benefit whole life insurance policy -LRB- 2-year waiting period for full coverage to start - accident only coverage in years 1 and 2 -RRB- . The maximum amount of coverage you can secure under one of these programs is between $ 20,000 - $ 25,000 . Please note , most guaranteed-issue life insurance policy have a minimum age requirement of 45 or 50 years old and a maximum age allowance of 80 or 85 years old . The 2nd route is going to be the most advantageous If you 're looking for more coverage than that , but you would need to go through full underwriting . These programs would allow you to secure full coverage from day 1 of the policy -LRB- no waiting period under a graded benefit -RRB- . The specific details regarding the stroke history -LRB- e.g. was there any paralysis and where , were there any lingering effects , are you still taking medications to treat lingering effects as a result of the stroke , etc. -RRB- as well as the diabetes history . For the diabetes history , the most recent A1C reading , when was it diagnosed , how is it being treated , etc. will affect the risk classification a carrier can/will offer -LRB- this determines the rates -LRB- cost -RRB- for the coverage , if approved -RRB- . You will need to shop the case among multiple companies to see which carriers can consider coverage at what risk class . Every company has their own underwriting guidelines so some companies may be able to work with the medical history where others may not - for this , I highly recommend shopping the case first before applying for ANY coverage because throwing mud against the wall to see what sticks -LRB- applying to multiple companies -RRB- can work against you as it can become a red flag to insurance companies when they see declines in the MIB -LRB- Medical Information Bureau -RRB- records . An independent insurance broker such as myself can do this for you . My group is licensed in over 35 states and with over 50 insurance companies and we charge no fees to our clients for our services . We can help you with the entire process from start to finish . If you 'd like assistance in buying a life insurance policy , please send me a message and we will help you shop the case so you can secure the desired coverage at the lowest possible cost - my contact information is provided on my profile . I hope the information is helpful - thanks very much for your question .


Input: Is There Any Life Insurance That Will Cover Someone With A Stroke And Diabetes?

Output: Everyone has given some great responsive to this question but I dont think anyone has pointed you in the right direction of a company . There are Two Great companies that you should look into , on is Vantis . They are priced lower than many of the other companies out there . The other company is Kemper , either of these companies should fit your needs . If you have any other questions please feel free to ask , that why were here .


Input: Is There Any Life Insurance That Will Cover Someone With A Stroke And Diabetes?

Output: Yes , there is life insurance that will cover someone with a stroke and diabetes . Since your stroke was over 2 years ago , there are some simplified issue policies that you can get , as long as you can do all your own ADL 's -LRB- activities of daily living -RRB- . If you are unable to bathe , dress , etc on your own , there are guaranteed issue policies that you can get . While some agents may suggest going the route with medical underwriting , my experience is that this option will not be available to you due to the combination of conditions . I hate to see people go through an extensive underwriting process , only to be declined . You will know the minute you apply whether or not the policies I mentioned will accept you . Sometimes that shot in the arm means as much as the coverage itself .


Input: What happens if i get in an accident before my insurance is switched from old leased vehicle to new?

Output: Many insurance companies extend coverage from the old vehicle to the new for a period of time . It is always best to let the insurance company know right away . Often the leasing company will want evidence of insurance which triggers the insurance part of the transaction . Notify your agent of your situation . The agent should be able to assist .


Input: What happens if i get in an accident before my insurance is switched from old leased vehicle to new?

Output: My colleage makes a very good point . In order to lease a car , the dealership will need to receive proof of insurance on the newly leased vehicle in order to complete the transaction . The proof will include both an insurance identification card as well as a binder showing the leaseholder 's interest . Each of those will include the year , make , model and vehicle ideneitfication number of the car so there is no question as to what the insurance is covering . Without such proof , the deal is not going to happen . I happen to represent Nationwide here in Connectivut and our policy includes a provision that any newly aquired vehicles are covered for up to 30 days even if our members do n't for whatever reason , notify us of the aquisition . A similar provision ion your poplicy would probably cover you , but you really neeed to talk to your Insurance Professional about the terms and conditions of your policy .


Input: How Old Should I Be To Buy Long Term Care Insurance?

Output: If you have family history with a disposition for chronic illness or disease before age 50 , you should consider long term care insurance -LRB- LTCI -RRB- . You should start seriously reviewing the half dozen LTC contracts at age 50 and purchase LTCi while youre healthy and the premiums are inexpensive . But dont delay to purchase LTCi beyond age 62 .


Input: About How Much Is Renters Insurance Per Month?

Output: Renters insurance can cost between $ 8 and $ 80 per month . That 's a huge range and the reason is that there are so many variables for the cost . You could be insured for $ 12,000 or $ 70,000 on your personal property . An experienced broker can give you a quick quote and shop multiple carriers .


Input: Why Get Critical Illness Insurance?

Output: A Critical care policy pays you not the Doctor or Hospital , in the event of an critical illness , such as a heart attack , stroke , major organ failure , Cancer , loss of the inability to perform 2 Activities of Daily Living . The likely hood if you were to suffer a heart attack , stroke , cancer or the like is that you will likely survive . The bills , mortgage , utilities , & such do not stop because you are ill . The money can also be used to offset health insurance copay 's , time off work , second opinion , or anything else . Face amounts usually run any where from $ 4,000.00 to $ 500,000.00 lump sum . Some policies offer a Return of Premium , meaning if you never use the insurance , your estate will receive 100 % of the premium back . HBWavp@gmail.com


Input: How To Borrow Money From Retirement Plan?

Output: Before borrowing from your qualified retirement plan , find out the loan interest charge and repayment schedule . In addition , you need to know the rules of engagement on a loan . Most plans will require you to pay back the loan before transferring it or if employment is terminated . So know you plan before moving forward with borrowing from what is suppose to be your income for your golden years .


Input: Which Is The Best Life Insurance Company In The USA?

Output: You can look at ratings done by agencies such as S&P , AM Best , Moody 's , and Fitch 's to see which companies have the highest ratings . There are several that rank at the top in all categories . However , insurance companies are strictly regulated , and you can feel safe buying a policy with any company that ranks in the top several categories of ratings .


Input: Which Is The Best Life Insurance Company In The USA?

Output: The best insurance company is a financially strong carrier that accomplishes your objective with the least cost and the most flexibility for change in the future . That may not be what advice you are looking for , but it really is helpful when comparing various policies . There are many choices and life insurance is just too important to try and purchase yourself . You will never pay for the services of an independent agent , but they can be valuable in helping you define and accomplish your goal .


Input: Which Is The Best Life Insurance Company In The USA?

Output: That is a very subjective question . There are many different ways to measure life insurance companies . The 4 financial rating services that Peggy mentioned are probably the most common . However , you can choose to measure by policies in force , customer service ratings , claims paid ratings or even number of active agents selling for a specific company can all be used to measure number one . To be more specific would be helpful .


Input: What Are The Types Of Car Insurance Coverage?

Output: The primary components of auto insurance are Liability , Comprehensive , Collision , Property Damage , Medical Payments , Underinsured Motorist , and Uninsured Motorist . For minimum coverages I typically recommend that a client carry liability , property damage , medical payments , underinsured motorist , and uninsured motorist at levels of no less 100/300 . Each state has its own requirements for the coverages that a licensed driver is to carry so please check with your local DMV or a local agent to find out the minimum coverages that are required for your geographic location .


Input: Who Is The Best Life Insurance Company?

Output: I do not know if you can say one is the best at everything , but I do know that one has the greatest and most unique policy coverage . Premier Financial Alliance , through its carrier National Life Group , provides not only Living Benefits Life Insurance , so you do not have to die to collect , but ALSO provides as part of this , Chronic Care , Critical Care , Terminal Care , covering all the areas a person could need payment for as part of their life . If they are disabled , they can get paid . If they need a Nursing Home , they can get paid . If they need Experimental Medical Care , they can get paid . Plus , their premiums are substantially lower than some of the much advertised on TV brands . Yet NLG has been around about 167 years ! I urge you to talk with your qualified Premier Financial Alliance representative . Love to talk with you ! GARY LANE . garylane@cox.net . 714 422 9616 . Thank you .


Input: Who Is The Best Life Insurance Company?

Output: Who is the best life insurance company ? There really is no `` best '' company , but several very highly rated companies and quite a few other well regarded companies out there , and that 's a good thing . God bless the fact that there are a lot of good companies to choose from . Choice is a wonderful thing . It is good to have choice when looking at life insurance .


Input: Does Car Leasing Include Insurance?

Output: No , not usually . When you lease a car you will be required to purchase Auto Insurance with certain minimum limits depending on the leasing company . In my area they require at least $ 300,000 liability limits for example . The company you lease from will inform you what is required in your situation .


Input: Who Has The Cheapest Car Insurance Rates?

Output: There is no such thing as who has the lowest auto insurance rates . Factors vary upon the individual and their personal needs . What is low for one person may not hold true for another . The best advise to to consult and independent agent who can shop multiple carriers and find you the right coverage at the best premium .


Input: What Is Business Renters Insurance?

Output: When business is conducted on premises and in property that is not owned by the principals of a business , a general liability policy - business owner policy is typically required by the landlord . Actually , it is a very important business expense that a business owner needs , regardless of whether it is required by a landlord or not . In addition to providing all important liability coverage that is needed for various business activities , this type of policy also provides some business property coverage . For example , there is coverage for theft and other perils that might adversely affect business property . This type of policy usually includes coverage for advertising liability and several other valuable coverages that a business needs . There are many endorsements that can be added , to tailor the policy to the needs of the particular business operations .


Input: What Should Disability Insurance Cost?

Output: To be fair , disability insurance can be very pricey depending on the type of policy you have . The younger you are , and the less you make , the cheaper it will be to insure your paycheck . The premium is dependent on the type of coverage you desire -LRB- typically 60-65 % -RRB- , the benefit period -LRB- 2yrs , 5 yrs , to age 67 , etc. -RRB- , the waiting period -LRB- 90,180 , etc. -RRB- , your age , the disabling definition , your occupation , etc. . Also , if you smoke or have any pre-existing conditions , that all plays a factor . Unless you 're receiving DI from work , where the premium is a set amount , it 's completely different person to person . The more extensive the coverage , the more expensive the premium .


Input: What Should Disability Insurance Cost?

Output: Disability insurance costs are based on your health , your activities and your compensation . Personal information is part of the pricing process like your gender , age , health history , current medical condition , smoking status , etc. . Your activities like recreation , vocation , motor vehicle violations , etc. . Up to 60 % of your compensation can generally be protected with tax benefits . Up to 80 % of your compensation , if you can legitimately deduct the premiums as a business expense , but then the benefits are taxable . You may pay 3 to 5 % of your compensation for disability insurance .


Input: How Much Would A Million Dollar Life Insurance Cost?

Output: I would n't be able to provide a figure for your without knowing more about what coverage structure you 're looking for and your medical history . The cost -LRB- premium -RRB- for a $ 1,000,000 life insurance policy depends on a number of factors so it will be different for everyone . These factors include their age , gender , how long they want the coverage for -LRB- 10 , 15 , 20 , 25 , or 30 year term insurance vs. permanent insurance -RRB- , and their risk classification -LRB- determined by the medical history -RRB- . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please keep in mind - every carrier has their own set of underwriting guidelines , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . I would suggest consulting with an independent life insurance broker who can work with you on a personal level and help determine which carrier will be able to offer you the desired coverage at the lowest possible cost . Online `` instant quotes '' only provide input based on teh factors entered in , but not necessarily what you will qualify for - this is why talking to an agent is critical for providing the most accurate information for you . I hope the information is helpful - please feel free to contact me for assistance with your coverage , including quotes and policy comparisons , and if you have any other questions . Thanks very much .


Input: How Much Would A Million Dollar Life Insurance Cost?

Output: The price of a life insurance policy will depend on several factors such as : age , gender , length of coverage or term and health rating . To give you an idea - a $ 1,000,000 , 20 year term on a healthy -LRB- preferred nonsmoker -RRB- 45 year old male will cost approximately $ 125 per month .


Input: Does Car Insurance Cover Sun Damage?

Output: Damage to an automobile that is not the result of a collision is known as a comprehensive loss . If you have that coverage it would not pay for sun damage which is the result of long term exposure to the sun . The principle is that the company will return the car to the condition it was in before the event after satisfying the deductible . If you file a claim for sun damage on Tuesday , the company would be obligated to return it to the condition it was in on Monday .


Input: Which Home Insurance Is Best In Arkansas?

Output: In Arkansas , as in every other state the best homeowners policy is the one that is in force and pays the maximum amount at the time of loss . While premium is important , having the correct limits is much more important . It is also important to understand how claims are going to be settled . It is such a disappointment when a policyholder has damage to their property and find that it will be settled based on its price as a used item . This is particularly true when they need to replace the item with a new one . Check with your agent , that is the best source for the best insurance .


Input: Does Home Insurance Increase After A Claim?

Output: Yes if you have a claim on a home owners insurance policy you will most likely see an increase in premium . Insurance companies do not enjoy paying out claim just as you do not like spending money . Each time they pay a claim your risk factor goes up so they have to adjust your premium accordingly .


Input: Does Home Insurance Increase After A Claim?

Output: Home insurance premiums can increase after a claim , especially if it involves negligent behavior . You may also simply lose discounts , which is essentially the same concept . If you have multiple claims over a short period of time , you would risk termination of the policy . Sometimes it is the quantity of claims and not necessarily the amount of money that is paid out .


Input: What Are The Features Of Life Insurance?

Output: Life insurance has tow basic policy types : term and permanent : They both provide death benefit coverage for certain time periods , even for life . Cash Value permanent life insurance accumulates tax deferred and has four crediting methods : dividends , interest rate , indexed and separate sub accounts using equity and bond investments , which can lose money .


Input: What Are The Features Of Life Insurance?

Output: Some features of life insurance to review when you are buying a policy are : 1 -RRB- Guaranteed length of coverage at a level premium . 2 -RRB- Whether the policy pays from day one or is graded . 3 -RRB- What riders are offered . 4 -RRB- Whether the policy is convertible . 5 -RRB- Whether it has cash value . 6 -RRB- Is it permanent or will it end ? 7 -RRB- Is it renewable ? 8 -RRB- Does it require an exam ? 9 -RRB- How much can you get ? 10 -RRB- Does it work for your age and your health ?


Input: What Are The Features Of Life Insurance?

Output: Features of life insurance depend on the type of life insurance . There are two basic types : term life insurance and permanent -LRB- or cash value life insurance -RRB- Term life insurance offers death benefit coverage to provide money if the insured dies while the contract is in force . Permanent life insurance offers death benefit coverage , and builds cash value which can be used for a number of different uses . Some examples of things you can do with the cash value of a life insurance policy include : pledging it as collateral for a loan from a bank , using it as a savings account for emergencies or other various cash needs , and generating retirement income with the cash in a policy .


Input: Can You Go To Jail For Not Having Auto Insurance?

Output: You will not go to jail but if the state requires insurance then you will lose your license until you can show proof of financial responsibility in the form of insurance or financial responsibility bond . Carrying liability insurance if you are driving is a responsibility everyone has . While no one plans on an accident , you can be held responsible for bodily injury of another individual if an accident occurs . Liability protects you from being financially devastated by a law suite .


Input: Can You Go To Jail For Not Having Auto Insurance?

Output: In most states , insuring your car or being financially responsible is a requirement ofoperatinga vehicle . If you drive without these types of coverage , you could lose your license and have to provide additional requirements in order to reinstate your license . If you are driving while intoxicated or under the influence , you could wind up in jail for aspecificperiod of tome .


Input: Does Home Insurance Cover Theft From Car?

Output: Homeowners insurance does cover theft from your auto minus your deductible . There may be certain items that are off premises that may have reduced limits such as any related to business , collectibles to name a few . I seldom see a theft of personal items from a vehicle large enough to meet the deductible . You also may want to consult your agent as to the ramifications of a theft loss to your future insurance premiums .


Input: What Is Universal Life Insurance Vs Whole Life?

Output: Whole Life and Universal Life are the two main types of permanent insurance coverage -LRB- there are sub-categories with in that - e.g. guaranteed universal life , current assumption universal life , indexed universal life , participating whole life , non-participating whole life , and others -RRB- . Permanent life insurance , in general , is designed to provide coverage for the rest of the insured 's life and build cash value . Universal life insurance features a flexible premium structure It 's , in short , a blend between term life insurance and whole life insurance . A universal life policy will guarantee the maximum death benefit for the lowest possible premium -LRB- making it much less expensive than a whole life policy with the same death benefit -RRB- . Like with whole life insurance , universal life will build cash value , although it will generally not accumulate as much cash value over the life of the policy as a comparable whole life policy it is essentially term insurance to age 121 , with the emphasis on a larger death benefit instead of greater cash value for the premium that you are paying . Universal life is ideal for anyone who wants to maximize the death benefit and is n't worried about building cash value . You can guarantee benefits up to age 121 -LRB- with most companies -RRB- - these policies can be structured to dial down the death benefit to a specific age as well -LRB- e.g. to age 90 , 95 , 100 , 105 , etc. -RRB- , which can reduce your premium by a good margin . Whole life insurance is a great vehicle for planning for the future . The premiums and death benefit remain fixed and guaranteed for life while the policy can build cash value at a great rate - this structure is known as a non-participating whole life policy . The other type is called participating whole life policy . Participating WL policies can pay out dividends which can be used in several ways : 1 -RRB- Decrease the premium - the premium would eventually hit $ 0 at some point and the policy would , in essence , be self-sustaining meaning the dividend is equal to or greater than the premium for the program -LRB- if greater , the difference can be used to increase the cash value or increase the death benefit -RRB- 2 -RRB- Purchasing paid-up additions - these additions increase the face amount of the policy 3 -RRB- Increase the cash value at a faster rate While whole life has many advantages , it is also the most expensive form of life insurance . Whole life features level premiums and death benefits and builds cash value at a faster rate than Universal life policies - the trade off between is that to increase the cash value faster , the premiums will be substantially higher -LRB- can often be 2-3x the premiums of guaranteed universal life policies on many occasions -RRB- . Please note , regardless of the permanent coverage type , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , guaranteed Universal life policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: What Is Universal Life Insurance Vs Whole Life?

Output: That is a great question ! Both whole life and universal life insurance policies are cash value building life long policies . Whole life is simple , you pay a set premium every month , and the policy lasts as long as you do , as long as you keep making payments . The death benefit is specifically stated . A universal life policy is not quite so simple . These policies are often marketed with promises of great value growth , and perhaps not so clearly explaining the risks or the things that have to happen to get that great gain . These policies are typically only guaranteed to last 20 years . The payments are given to you in a range , and can vary even from that range . The amounts paid in , the performance of the invested funds , and the cost of the insurance will dictate how long the policy stays in effect , and whether there is growth . I guess a good way to describe it to you is that if you were looking for a policy that you could buy , make payments on and forget about , buy a whole life policy . If you want a policy that could have great gains , that you can watch the performance of , and change the payments of , then buy a UL policy . I hope that helps , thanks for asking !


Input: Does Homeowners Insurance Cover Damage From A Fallen Tree?

Output: In most circumstances , damage from a fallen tree to your home will be covered by the homeowners policy , subject to your property deductible . The coverage amount will be up to the limit shown on the policy . What is sometimes not covered , or only covered in a limited amount , is the actual cost to replace the fallen tree and/or the cost to remove the debris from your yard .


Input: Is Homeowners Insurance Paid In Arrears?

Output: Insurance is generally paid in advance . The theory is that the premium is paid before the policy starts and claims are paid at the end of the policy period . Of course with computers companies are able to provide payment plans that break the premium down into monthly installments . They also pay claims as they are settled .


Input: How Old Do You Have To Be To Draw Medicare?

Output: Most people sign up when they 're turning 65 - this is your initial open enrollment period . It starts the 3 months before the month you turn 65 through the 3rd month after you turn 65 . If you 're outside of this window , you will have to wait to sign up until the general enrollment period opens up for Part B -LRB- January 1-March 31 of each year -RRB- , unless you qualify for a special enrollment period . Other situations where you can be eligible for Medicare are if you 're under 65 and on social security disability -LRB- need to be on it for at least 24 months -RRB- , or have end-stage renal disease .


Input: Is Critical Illness Insurance Tax Deductible?

Output: Generally Critical Illness Insurance is not tax deductible ? Premiums paid under a stand-alone critical illness policy are capital outlays and not an expense incurred by a taxpayer for the purpose of gaining or producing income from a business or property . If youre young enough for disability insurance and you have a business scenario for the deduction , you may be able to accomplish some of your goals .


Input: Is Critical Illness Insurance Tax Deductible?

Output: No , Critical Illness Insurance is not considered a medical expense and is not tax deductible . Like Disability Insurance , premiums that are paid with taxed income will provide a benefit that is does not incur income tax , if a benefit is collected due to contracting one of the policy 's listed critical illnesses .


Input: Is Obamacare Health Insurance?

Output: No . ObamaCare is a name that has become attached to a law passed in 2010 called the Patient Protection and Affordable Care Act -LRB- PPACA -RRB- , it is also sometimes referred to as the `` Affordable Care Act '' . This legislation was a centerpiece of the Obama administration 's political agenda and it significantly re-engineered the health insurance industry through such actions as making policies guaranteed to be issued , eliminating pre-existing condition exclusions and limitations , requiring that all policies cover certain `` Minimum Essential Benefits '' and creating Federal or State run health insurance marketplaces to facilitate the purchasing of health insurance and perhaps subsidizing the cost of health insurance policies for people below 400 % of the Federal Poverty Line . ObamaCare itself provides no health insurance coverage . That is still a function of health insurance companies now operating under the requirements of ObamaCare .


Input: What Is The Average Cost For Life Insurance Per Month?

Output: That is a great question ! But a real tough one to answer . Life insurance costs vary so widely that there really is n't a `` monthly average '' that I could give you that would be applicable to you . Look at it like this - a coat tailored to fit you would n't fit anyone else like it does you . Life insurance policies are fitted the same way . so a $ 10k policy would cost you differently than it would for me . Same policy , just tailored to your age , health , medical history , weight , smoking preference , and so on . Best advice I can give you is to find an independent agent who can give you a range of quotes that would be tailored to you . Thanks for asking !


Input: Is Personal Life Insurance Tax Deductible?

Output: No , the premiums you pay for a personal life insurance policy are not tax deductible on your tax return . If the death benefit is received by a a personal beneficiary named in your policy , your beneficiary will also be able to receive the life insurance proceeds income tax free .


Input: Is Personal Life Insurance Tax Deductible?

Output: Personally held life insurance is not tax deductible . However there are alternatives for tax deductions in some qualified plans which allow a certain percentage of the participants annual contribution to be life insurance . The generally rule of thumb is 49.5 % maximum for participating whole life and 25 % for universal life .


Input: How Can Social Security Fit Into A Retirement Plan?

Output: Social Security is often the primary source of retirement income . Maximizing the retirement benefit from social security requires planning . A mistake in selecting the time to start benefits can be significant . It is not always apparent when the best time to claim benefits would be . Consult with a trained retirement income specialist for the latest information .


Input: How Can Social Security Fit Into A Retirement Plan?

Output: Social Security benefits are subject to the provisional income test from a variety of income sources and preference items , including qualified retirement plans . Some capital gain income may very be taxed at capital gain rates , but the entire gain is used in the provisional income test to determine if your Social Security benefits are taxed .


Input: How Much More Is Life Insurance For A Smoker?

Output: That varies by company and the amount of insurance applied for . I have seen as high as 10 % or more . Some companies are a little more lenient than others but most companies will rate smokers higher than non smokers due to the average increase in mortality risk . There are a couple companies that do not rate up for use of some tobacco products such as a pipe or chew , but I have found that many of these charge higher rates across the board .


Input: Can A Girlfriend Be On My Health Insurance?

Output: No . A individual can only add their spouse and dependents to their health insurance plan . In states that acknowledge domestic partnerships and same sex marriages health insurers operating in such a state will honor those legally binding status ' of residents of that state . But in generally it is only one 's spouse , children , and in certain circumstances other individuals who are reported as dependent of the individual because they are severely disabled and unable to function in on a level where they would be able to take care of themselves .


Input: What Is A Normal Home Insurance Rate?

Output: I would recommend asking a more specific question like `` What is a normal home insurance rate in Denver CO ? '' The range of rates are going to vary based on geographic location . I 'm in Texas and the range of rates I 've seen in Austin and San Antonio are most commonly between $ 700 - $ 1300 -LRB- but that 's just my company -RRB- . The rates are much higher in Houston and along the coast because they have a higher risk of hurricanes and tropical storm damage . If you request rates for your specific location , then local agents can respond with a more accurate answer for you .


Input: How Many Americans Have Long Term Care Insurance?

Output: According to most sources that gather such information , the percentage of the population of the United States that owns some type of insurance to pay for possible long-term care costs is around 7 % and holding . While theprobability of needing some type of extended-care for performing daily activities before death is quite high -LRB- about 1 in 4 will need up to 2 years of long-term care , slightly lower for men and higher for women -RRB- , two human factors come into play when the discussing transferring the payment of costs for such care to an insurance company : fear and denial . People are generally afraid to even consider how awful it would be to not be able to successfully perform common daily activities and need help from someone to do so . Families assume that since mom and dad took care of them as babies , they will take care of mom and dad when they need roughly the same type of attention and care . Thus , they console their elderly parents not to worry and fret about it . Others are simply in denial . `` Just take me out back and shoot me '' is a common demonstration of denial . One agent I know told me about an adult daughter that took her dad up on that . She asked , `` When should I shoot you ? '' Her father said , `` I 'll tell you when '' . So , when he started to need help getting around and the daughter offered to help , she held up a toy gun and asked , `` Now ? '' The father said , `` No , but soon . '' Of course , his condition became worse and worse until finally , he needed to be admitted to full-time care in a facility . The daughter asked again , as she had over the years , `` Do I shoot you now ? '' But , by this time , the only response her father could give was a tear . He had lost his ability to speak . Cost has become a real deterrent to the purchase of long-term care insurance . However , those that have had to go through the experience of taking care of an aged loved one usually find some way to afford at least some amount of insurance to pay for possible long-term care costs . This insurance is not about the insured . It 's about the care-giver . Approximately 7 % of Americans have figured that out .