Input: Can An Employer Reimburse An Employee For Health Insurance?

Output: That depends , an employer can absolutely reimburse their employees for qualified medical expenses but only if they do so in a way that provides an equitable enrichment for all eligible employees . The most common and simple way that a business can structure such a benefit is with a Health Reimbursement Account . The HRA is a way in which a business can raise deductibles and lower the premiums and then reimburse employees for qualified medical expenses as they go . The HRA is a notational account so it does not require the business to set aside funds in a specific account . The major benefit for business would be the opportunity to offer a far more comprehensive benefit plan at a lower cost . The lower cost is first delivered through the substancially lower premiums and then sustained due to the majority of employees medical requirements on average not coming close to maxing out their deductibles , so even though they may make a dent in their deductibles and some employees will satisfy their entire deductibles it will not offset the savings realized on their premiums . The one key is that such a plan is available to all eligible employees and does not discriminate against any group of employees especially the high payed employees .


Input: Does Labcorp Accept Medicare?

Output: Labcorp is a major provider of patient lab work and evaluation . Under their system , they will bill you , your insurance carrier or Medicare depending on your situation and request . You can ask Labcorp to bill Medicare by visiting their website and completing a request form then submitting it to Labcorp


Input: Can I Have Auto Insurance From Another state?

Output: If you are planning on registering your car in the state in which you live , then it is more than likely that you will be required to show proof of insurance issued in your state . If on the other hand you are just visiting or passing through , your car insurance travels with you throughout all 50 states and U.S Territories as well as Canada .


Input: Can I Have Auto Insurance From Another state?

Output: That depends upon your State . In Texas , you must be insured in-state for your Auto insurance . You are allowed a certain number of days after you 've moved here to arrange it , but after that grace period , if your tags and insurance are n't switched , you can be ticketed . Look up your States ' requirements at their . gov website for specifics , or contact your current agent for the company procedures for switching/replacing your coverage .


Input: At What Point Does A Life Insurance Policy Mature?

Output: Life Insurance Policies can mature at the end of coverage as with term life insurance , a limited indemnification product . Term can be extended with a conversation provision in the policy in the case the coverage is necessary beyond the original time period . Maturated dates on permanent policies extend out to age 121 and some use the phrase , life of the insured .


Input: How Much Is Health Insurance In Connecticut?

Output: The cost for health insurance coverage in Connecticut is based on numerous factors . If you are buying as an individual or family , then factors such as age , one 's BMI , -LRB- made up of the combined factors of height and weight -RRB- , medical history -LRB- including prescribed medications -RRB- and geographical location all come into play . Insurance carriers licensed to sell in Connecticut do not all use the same underwriting guidelines . Independent brokers are well versed in these guidelines . The best way to get an exact price is to apply for coverage and go through the underwriting process . Keep in mind , until the provisions of `` Obamacare '' become effective in 2014 , insurance companies can refuse to offer coverage to applicants that do not meet their guidelines .


Input: How To Make A Claim On Your Homeowners Insurance?

Output: To file a claim with your homeowners insurance carrier you would normally begin by contacting your carrier 's claims department or your local agent . Depending on the circumstances your carrier may send a claims adjuster or another representative to get pictures and gather more detailed information about the items involved in the claim .


Input: What Does Liquidity Refer To In A Life Insurance Policy?

Output: Liquidity in life insurance is generally the cash surrender value of the policy . If you `` liquidate '' your lifeinsurancepolicy , the insurance company will give you the cash surrender value of the policy . In the first few years , the policy may have no value if canceled but , over time , the cash surrender value can grow .


Input: What Does Liquidity Refer To In A Life Insurance Policy?

Output: With permanent life insurance there is a cash value accumulation component . Not so with Term insurance , so in the case of Term insurance liquidity does not apply . Within the category of permanent life insurance , Whole Life generally has the best cash value component . Once your policy has developed cash value , and that generally takes a few years due to the cost of providing the insurance component of the policy , -LRB- all the risk is on the insurance company -RRB- , then that cash value becomes a liquid asset that you have access to . Ask your insurance agent to explain what the options are associated with your policy .


Input: What Does Liquidity Refer To In A Life Insurance Policy?

Output: In life insurance , liquidity generally refers to the fact that life insurance pays quickly and pays in cash , so that the beneficiary has the ability to quickly and easily pay expenses surrounding the death of the insured . Life insurance with a person named as a beneficiary does not need to go through probate , making it accessible to use as the beneficiary sees fit .


Input: Can Annuities Be Used For Collateral?

Output: Tax deferred annuities are considered an asset . An annuity policy owner can pledge their annuity policy as collateral . But there are some considerations . Surrendering a non-qualified annuity during the surrender period may incur terminal charges , trigger an ordinary income taxable event from policy gains and penalize the policy owner 10 % if they are under age 59 .


Input: How Can I Check If My Health Insurance Is Active?

Output: You can check with your health insurer . Simply contacting their customer service department should allow you to determine your health insurance coverage inception date . Alternatively you should have access to the plan document that may have information on your coverage start and end dates .


Input: Why Should Renters Get Renters Insurance?

Output: Asking the question why should Renters get Renters insurance is the same as asking why should anyone get insurance ? The purpose of insurance is to pool together monies to reduce individual financial risk from unforeseen losses . Other than car insurance and now health insurance you do n't have to purchase insurance but I certainly would n't recommend it . Even if you are a millionaire you still need insurance . The more money you have the more money you can lose and the cost of insurance is minimal compared to the financial risk you face . Renters needs renters insurance to protect their belongings and also to provide liability protection for negligent acts . Renters insurance typically costs between $ 100 - $ 200 per year and for this cost you get coverage up to $ 25,000 for personal property and up to $ 300,000 in liability . The real question should be why would n't Renters get Renters insurance .


Input: Does Medicare Cover Glasses And Eye Exams?

Output: Medicare parts A and B do not cover vision exams related to prescribing corrective eye wear . There may be coverage if there is a related medical condition . Treatments for any diseases of the eye are generally included . You may want to consider purchasing a supplemental vision plan . Benefits may be paid for routine vision exams , and you can take advantage of discounts on frames and/or contact lenses .


Input: Does Medicare Cover Glasses And Eye Exams?

Output: Medicare will cover anything wrong with your eyes medically -LRB- cataracts , glaucoma , macular degeneration , etc -RRB- . When you have your eyes examined Medicare does not cover the part of the exam called refraction to see if your prescription needs to be changed . My eye doctor charges $ 35 for refraction . Most of your eye exam will be covered by Medicare Part B , 80 % then the other 20 % if you have a Medicare Supplement . Medicare does not cover eyeglasses unless you are getting a new prescription as a result of cataract surgery .


Input: Does Medicare Cover Glasses And Eye Exams?

Output: Medicare does n't cover routine eye examinations and glasses . Part B can provide coverage for some preventive and diagnostic eye exams for people at high risk of certain conditions -LRB- e.g. diagnosing retinopathy in diabetics or mascular degeneration for age-related conditions -RRB- . You can check out the medicare.gov website for more specific information regarding condition/risk requirements for Medicare to pay benefits . If you 're looking for coverage for routine eye exams , glasses , contacts , etc. , you would need to secure a vision insurance plan . Please feel free to contact me for assistance or if you have any other questions . Thanks very much .


Input: Does AAA Cover Renters Insurance?

Output: You can get renter 's insurance through the AAA insurance agency , but your AAA membership does not automatically include renter 's insurance . You can contact AAA or another independent insurance agent and they can compare quotes among several different carriers . It is often cheaper to purchase both renters and auto insurance through the same company as they will provide discounts for multiple policies .


Input: What Factors Should Be Considered Before Enrolling In A Health Insurance Plan?

Output: This is the question millions of Americans will be asking themselves over the next few months and it is a crucial one . There are many factors involved in your decision to purchase individual major medical insurance . Some crucial ones are ; 1 -RRB- Will my or my family 's expected income for 2015 fall in the range that would qualify me/us for a premium subsidy and possible cost sharing reductions for coverage purchased through the government health insurance marketplace -LRB- 100 % to 400 % of the Federal Poverty Level -RRB- ? 2 -RRB- If I do qualify for a subsidy is it enough to influence my buying decision ? Premium subsidies peak in the 250 % to 300 % of the Federal Poverty Level zone and decline rapidly from there . For example , an individual making $ 40,000 / yr would technically qualify for a subsidy but the dollar amount would be small enough that you may decide its not worth the trouble -LRB- this may be especially true in states with limited carrier choices in the government marketplace -RRB- . 3 -RRB- Are the doctors , hospitals and pharmacies I want to use in-network providers with the health plan I am considering enrolling in ? 4 -RRB- What is the coverage for prescription drugs in the plan I am considering ? Are the prescription drugs I am already taking covered by the formulary of the health plan I am considering ? And , if they are , at what level are they covered and might I be forced to revisit the steps that led me to finding the prescription medication that works for me and my health condition before my new health plan would cover them ? 4 -RRB- What coverage does the health plan I am considering offer outside of my home area ? Can I plug into a national network of providers wherever I might be or is my coverage largely restricted to my home service area ? 5 -RRB- If I am diagnosed with a serious illness like cancer will the health plan I am consider cover services from providers like M.D. Anderson , the Mayo Clinic and other nationally recognized centers of excellence ? The consumer can no longer just assume that this will be the case . While these questions do n't cover all the questions a person should ask , if you get the answer you like for the questions I 've posed you will have a much higher probability of being satisfied with the health insurance plan you select . For the vast majority of people , you will be better served to seek out the services of an experienced health insurance agent who is familiar with the insurance carriers available in your market and who can help guide you to the plan the best suits your needs whether it is inside or outside of the government health insurance marketplaces .


Input: How Much Car Insurance Do I Really Need?

Output: Your state might have a minimum requirement . If it does , you must have that much coverage to comply with state law . If you have decided to buy auto insurance you should start with the liability limit . Set the liability limit high enough to cover you in any situation you can think about . For example , you are at fault in an accident involving a fatality and serious injury to another person . You need enough liability coverage to compensate the injured party and the bereaved family . The company is going to stand between you and the injured party to the limits of the policy . How high a wall of protection do you want ? Then there is your own automobile . This is a more emotional issue . If you have a lender , they will normally require physical damage coverage . You have a range of deductibles which affect the premium somewhat . However , the only way to reduce the cost of the policy is to not provide physical damage coverage . Then if you are in that accident and your car is damagedyou pay the expenses .


Input: Does Term Life Insurance Count As An Asset?

Output: No , term life insurance is not considered an asset . Due to the limited nature of the death benefit , along with no cash value accumulation it would not qualify for this consideration . If you have a whole life or universal life policy with cash value accumulating inside of the contract , then that WILL be considered an asset . Permanent life insurance is typically the second item listed on a person 's personal balance sheet .


Input: Does Term Life Insurance Count As An Asset?

Output: No , there is no guarantee of term life insurance paying out any death benefit , as you may not die while the policy is in effect . And it does not have any cash value . So there is no monetary amount to term life insurance to be considered as an asset .


Input: Does Term Life Insurance Count As An Asset?

Output: That is a great question ! One of the great benefits of term insurance is that you can get a lot of coverage cheaply . The reason that it is cheap , is that there are no cash benefits from it unless you pass away during the term period . Since that statistically is a rarity , and there is no guarantee either way that you would , you can not count a term policy as an asset . Sorry , but I appreciate you asking !


Input: Does Term Life Insurance Count As An Asset?

Output: It really depends on whom you ask . For the purpose of applying for a mortgage ... the answer is yes . Life insurance is counted as an asset because it represents something of value that you are the owner of . On the other hand , if you ask certain financial professionals , the answer may be no . The reason is that a financial professional may consider an asset to be property or a security instrument that is `` income producing . '' By income producing , I mean something that is making your money multiply like stocks , bonds or mutual funds through the receiving of dividends and/or interest payments .


Input: Can You Get Insurance For A Cat D Car?

Output: In California you can insure a car that has been declared a total loss by an insurance company . The only requirement is that it meets the legal requirements of the state and is a licensed vehicle . Some insurers are reluctant to insure these cars for physical damage ; however , others are willing to accept that risk .


Input: Who Can I Take A Life Insurance Policy Out On?

Output: Who can you take a life insurance policy out on ? Well , there must be some sort of insurable interest present for the application to be accepted . An insurable interest could be between family members or business partners . You can not directly insure strangers without showing an insurable interest . Also unless a young child must also agree to be insured . You can not insure adults without their knowledge .


Input: Who Can I Take A Life Insurance Policy Out On?

Output: You can take out a life insurance policy on anyone for whom you have an insurable interest . An insurable interest would mean that you would be at a financial loss if the individual were do die . If you can not prove that you have an insurable interest at time of the application , the life insurance company will not issue the policy -LRB- at least not with you as the beneficiary -RRB- . Insurable interest is only required at issue I -LRB- i.e. you can become the beneficiary of a policy after it is issued even if you do not have an insurable interest -RRB- .


Input: Is Short Term Disability Considered Health Insurance?

Output: No short term disability is a different policy than health insurance . Health insurance is designed to pay the providers , i.e. doctors , hospitals , clinics , etc. . Short term disability is designed to pay you for the income that is lost due to an injury or illness . It can be used for medical expenses , food , mortgage or anything else needed to survive during a difficult time .


Input: Is Short Term Disability Considered Health Insurance?

Output: No , short term disability insurance is not a form of health insurance . Disability insurance is designed to protect your ability to work by providing a monthly benefit when you are unable to work due to an illness or injury . Health insurance is designed to protect against/reduce the burden of financial expenses related to your healthcare . I hope the information is helpful - please feel free to contact me for assistance or if you have any other questions . Thanks very much .


Input: Is Short Term Disability Considered Health Insurance?

Output: No , Disability Insurance is not considered Health Insurance , and can not be considered a Health Insurance deduction on your tax form . Disability Insurance pays a benefit to the disabled person to use as you see fit . Health Insurance reimburses care providers for the cost of preventative , curative , and palliative care .


Input: Is AARP Medigap Community Rated?

Output: Yes . The premiums for AARP Medigap plans -LRB- insured through United Healthcare -RRB- are determined using the community-rating method . This rating method says that the rates for everyone in a given area are the same for everyone , regardless of age - so someone who is 85 years old is paying the same rates as someone who is 75 years old . It 's a great option for individuals in their later years and those who have significant medical histories who would have difficulty in the future qualifying for other Medigap plans that base rates on the attained-age method . I hope the information is helpful - please feel free to contact me for your Medigap coverage needs , including providing quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Is Subsidence Covered By Home Insurance?

Output: Subsidence is a shift of the surface of land , normally caused by water . Most homeowners policies specifically exclude both damage caused by outside water and earth movement . This is an extremely difficult situation as there are few insurance policies that will assume this risk . Subsidence losses can be extreme .


Input: Is Life Insurance Surrender Value Taxable?

Output: If you decide , for whatever the reason , not to continue your permanent life insurance , and instead decide you want to cancel it and take the money out -LRB- cash surrender value -RRB- , then yes , absolutely , that money is taxable . If , instead , you decide to borrow against that policy , and later decide to keep that money rather than repay the loan , then no , that money is not taxable . So you know what to do . Thank you . GARY LANE .


Input: Is Life Insurance Surrender Value Taxable?

Output: Please check with your accountant . Normally the surrender value of the policy is subject to income tax only to the extent that it exceeds the premiums paid for it . The company will issue a form 1099 to show the disbursement and report that to the IRS .


Input: Is Life Insurance Surrender Value Taxable?

Output: That is an excellent question ! To put it simply , you have already paid taxes on the money that you have paid into the policy . If the surrender value is equal to , or less than that amount , then there are no taxes on it . If there has been interest , or investment income added to the premiums you 've paid in , then that extra amount can be considered as income , and that part taxed . Sometimes it makes more sense to borrow out of the policy , and keep the coverage , and get the cash you need . If you 'd like to discuss that further , please feel free to contact me , okay ? Thanks for asking !


Input: Is Life Insurance Surrender Value Taxable?

Output: In Canada , the cash surrender value of a life insurance policy is taxable if the cash value received exceeds the adjusted cost base . In simple terms the total premiums paid , less the cost of any riders and the net cost of pure insurance . The net cost is a rate using one year renewal term from a government table . In Canada , borrowing can trigger a taxable gain as can most transfers of ownership . Best to check your options and the consequences before you do . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Can A Life Insurance Beneficiary Be Contested?

Output: This is an legal question more than a life insurance question . It is not something upon which a life insurance professional can provide a reliable opinion . That said , as the life insurance policy is a legal contract , the insurance company will be obligated to pay the named primary beneficiary . Assuming the proceeds go to a named beneficiary rather than the estate , the proceeds are not normally subject to probate so it would be unlike challenging a will in probate . Ultimately , a challenge would likely be a matter for the courts so finding experienced legal help is critical . I am aware of a few examples where beneficiary designations have been challenged . The beneficiary designation might be demonstrated to be inconsistent with state law , especially elective or spousal share rules . Or , it might be demonstrated to not conform to other agreements such as split dollar agreements , divorce decrees , etc. .


Input: Can A Life Insurance Beneficiary Be Contested?

Output: Anything can be contested . Will the contest be upheld ? it will all depend on the circumstances surrounding the reason for it being contested . This is best answered from a legal professional as the insurance contract is a contract and if it were contested legal counsel may be consulted . Sometimes family members contest a beneficiary when they feel it was an error for that person to be named beneficiary . Overall beneficiaries have not had to deal with their desigantion as beneficiary to an insurance policy being contested .


Input: Can A Life Insurance Beneficiary Be Contested?

Output: Okay it is time for lawyer to answer this question , not an insurance agent . With that disclaimer made , in my experience , I have heard of a beneficiary being contested . One of my former clients had gotten a divorce and then remarried , having never informed me as to his change in marital status , no changes were ever made to his life policy . He then suddenly passed away , and his new wife called me to file a claim on his policy . I realized then that she was not a named beneficiary , his ex-wife was . Well , to make matters more interesting his ex-wife called and asked if the policy was still in force . I helped the named beneficiary -LRB- ex-wife -RRB- file a claim for the death benefit . His new wife told me that she was going to contest this in court and had a hired a lawyer . I notified the insurance company as to the problems , and they held off on paying the claim until a resolution was reached . The case never made it to court and the ex-wife split the proceeds equally with the new wife . So does that mean that it can be contested ? At the time I was told by the Insurance company 's attorney , that they could be , but that it was rarely done . He also said that between a will and a beneficiary provision , a will was easier to break than a beneficiary provision on a life policy .


Input: Does Medicare Have Estate Recovery?

Output: No , the Estate Recovery Act pertains only to Medicaid recipients who were over age 55 and received benefits for a certain period of time , or received certain services paid for by Medicaid -LRB- nursing home , prescription drugs , and others -RRB- . Beginning in Jan , 2010 , estate recovery is not allowed for Medicare Savings Expenses paid by the state .


Input: Does A 401K Contribution Reduce AGI?

Output: Pre tax payroll contributions used to fund your 401K reduce the amount of income reported on your W2 . Your Adjusted Gross Income -LRB- AGI -RRB- is your gross income minus adjustments . Since pre tax elections reduce reported income , it also reduces AGI . Your AGI is used to determine the amount of qualified medical expenses you can deduct , and may apply to other tax trigger amounts .


Input: Does A 401K Contribution Reduce AGI?

Output: That is a great question ! I am pleased to hear you ask about your 401k , planning for your retirement is a good thing , and I wish more people were doing it . If your contributions are being made pre-tax , then yes , your Gross Income will be adjusted downward for the amount of those contributions . If they are made after-tax , then they obviously will not . I hope that helps , thanks for asking !


Input: Why should I get renters insurance?

Output: When you rent your home , it might seem like you dont need insurance . If the building gets damaged in an accident , it will be your landlords problem , not yours . However , just because you are renting your home doesnt mean you dont have anything at stake . There are a few important reasons why you should consider getting renters insurance . The first reason to get renters insurance is to protect your belongings . Your landlords insurance only covers his property . It will cover repairing the building and anything he owns in your home , but wont cover anything you own . If your property is destroyed by a fire or someone breaks in and steals your valuables , youll be on you own to replace everything . This can easily cost you thousands of dollars out of pocket . When you have renters insurance , it will cover these losses . Another reason to buy renters insurance is to protect yourself against lawsuits . If someone has an accident and get badly injured in your home , you as the renter could be liable . Renters insurance protects you against this liability and makes sure you dont lose a fortune in a lawsuit . Lastly , renters insurance is very inexpensive . Many policies cost less than a dollar a day . This means you can get this important protection without having to make a big financial commitment . WEBSITELINK


Input: Why should I get renters insurance?

Output: Renters often assume that their property contained in a rented unit is covered by the insurance carried by their landlord . This is not correct . They also assume that if someone is injured on the rented property it is the liability of the landlord , again , that is not correct . Most tenants can not afford either of these types of losses .


Input: How Much Does Medicare Cover For Prescriptions?

Output: `` Original '' Medicare will cover SOME medications under Part B . As a general rule , infusion therapy , immunizations administered in your doctor 's office and most diabetic supplies -LRB- including insulin -RRB- may be covered under Part B. Most prescriptions filled on an outpatient basis by mail order or at a retail pharmacy are covered under Medicare Part D. Your Part D prescription drug plan is a separate benefit offered by private insurance carriers . The premium you pay will vary by zip code and the covered medications . Many Part D plans have an annual deductible that must be satisfied before brand name prescriptions are included with copay 's . Be sure to verify that the medications you take are included in your Part D drug formulary You can compare drug formulary 's at Medicare.gov by using the drug formulary prescription plan finder .


Input: Will Medicare Pay For Abdominoplasty?

Output: Medicare only pays for medically necessary treatments , surgeries , procedures , and medications . Medicare does not cover surgeries that are for cosmetic purposes . Abdominoplasty that is not medically necessary to correct a related to a heath condition , therefore , will not be covered by Medicare . Some Medicare Advantage plans may cover drugs related to having the abdominoplasty done .


Input: Can You Run Out Of Medicare?

Output: No you can not `` run out of Medicare '' , Medicare does not have a lifetime cap . This means that your medicare coverage will pay according to its current coverage level for as long as your claims are being approved . However , Medicare can deny a claim based on a number of factors on a case by case basis . If a claim is denied by Medicare you will not be covered for that particular treatment . A denied claim does not mean that your medicare has been completely exhausted , it just means that Medicare has determined the treatment does not qualify for coverage . If you have a Medicare Supplement plan you should know that if Medicare denies a claim your supplement plan will not pay at all . If you would like more information on you medicare supplement coverage please visit www.themedigapmarket.com or for more info on your medicare coverage www.medicare.gov .


Input: How Is Obamacare Funded?

Output: Let us begin by being clear on what ObamaCare is not . The Affordable Care Act -LRB- a.k.a. - ObamaCare -RRB- does not in itself provide insurance to anyone . ObamaCare is a bureaucratic & administrative structure that imposes requirements on the private health insurance system and , where accepted by state governments , expands the eligibility range for qualifying for Medicaid . It is funded through government appropriations channeled through several departments of the government -LRB- Health & Human Services , IRS , DOL , etc. -RRB- , a wide range of new taxes -LRB- tanning salons , medical devices , taxes on Blue Cross/Blue Shield plans , taxes on health insurance companies , increased Medicare Part A tax on high income wage earners are few examples -RRB- , changes to existing tax breaks -LRB- reducing the FSA deduction from $ 3500/yr to $ 2500/yr and eliminating the eligibility of over the counter drugs from coverage under FSA plans -RRB- , a $ 63 per employee per year fee assessed on group health insurance plans , the eventual employer mandate and individual mandate tax penalties for non-compliance , reductions in the amount of out of pocket medical expenses you can deduct from your personal income taxes -LRB- threshold increased from 7.5 % to 10 % of income to qualify for a deduction -RRB- , fees -LRB- insurance companies have to pay for the privilege of selling their products in the government marketplaces -RRB- , and $ 700 billion in what would have been increased spending on Medicare over the next decade was shifted over to help fund Obamacare . This is not a total listing but hits many of the essential high points of where the money is supposed to be coming from .


Input: Who Can Sell Equity Indexed Annuities?

Output: In California an agent must have a state insurance license that identifies them as a variable contracts agent , in order to sell a variable insurance product . To be licensed in that manner the state requires that the agent pass series 6 , 63 , or 7 of the FINRA exams . Then the agent must be appointed by a company offering equity indexed annuities to sell their variable products under the supervision of a broker-dealer .


Input: Who Can Sell Equity Indexed Annuities?

Output: Anyone with a life insurance license can sell equity annuities . But most licensed advisers use the title tax deferred indexed annuities to describe the product because it 's not a security . Life insurance companies also stress the importance of tax deferred annuities as an insurance product and not a security .


Input: Who Can Sell Equity Indexed Annuities?

Output: Anytime you use the word , equity , you must deal with a licensed registered representative of a broker-dealer . These individuals are governed by FINRA and often by the state insurance commissioner . If you go to your state insurance commissioners website you can probably determine who in your area is a registered representative that is licensed to sell variable annuities .


Input: How Much Does Full Health Insurance Cost?

Output: That 's a great question ! The cost can vary widely , depending upon where your coverage is purchased . An employer based plan can vary in price depending upon what the employers contribution is ; A private plan can vary widely based upon whom you purchase it from , or whether by going to the Affordable Care Act -LRB- Obamacare -RRB- site , www.healthcare.gov you found that you qualified for aid in paying for your policy . Take a few minutes and shop around in your area to get a ballpark figure.Thanks for asking !


Input: How Much Does Full Health Insurance Cost?

Output: Full Coverage , or what is known traditionally as Major Medical does not have a standard price . The cost depends greatly on a variety of factors . How much competition is there in your area ? The more insurance carriers offering coverage the better . They will compete to keep costs down to attract membership . How big is the population in your area ? The more people the better . Larger populations help spread the cost of coverage around to more payers . Then when there is a major medical expense there is a larger number of people whose premiums cover the cost to the insurer . What state do you live in ? Every state has their own mandates on the amount of coverage you might have . Some set a high bar which means higher premiums , some stick with the bare minimum demanded by the Affordable Care Act which means lower premiums . Also some states allow pricing based on age . Younger people are lower risk so their premiums are lower . Some mandate a flat rate regardless of age . Exchange versus Commercial Insurance ? Commercial insurance -LRB- insurance from your employer -RRB- , or buying directly from the insurance company as an individual , might be priced differently than buying from an exchange . Depending on your current financial state you may qualify for subsidies from the government which would lower the cost of the product even though it is the same as the product offered to an employer . An exchange navigator would be able to educate you on your specific circumstances . Does your employer offer insurance ? Finally , the cost of insurance may be dictated by your employer . It depends on the plans they choose to offer as well as the amount they may choose to contribute to your purchase of the coverage . Some employer pay for the whole thing , some pay half , some may pay a flat amount , others offer it but do n't pay anything . I know that 's not a clear cut answer but there is no standard price that one can look to . consult your employer , a broker , or an exchange navigator for expert advice .


Input: How Much Does Full Health Insurance Cost?

Output: If you 're an individual buying on or off the exchange -LRB- and not securing group coverage through an employer -RRB- , you need to consider the level plan you want . There are four metal plans : bronze , silver , gold , and platinum . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be . There 's also a catastrophic plan , but these are only available to individuals under age 30 . There are many factors that go into the pricing of a product for a specific area . Everyone 's tolerance for cost is different as well . I recommend contacting an independent broker to help get yourself set up with a health insurance plan .


Input: How Much Is My Life Insurance Policy Worth?

Output: To your spouse , it is worth a whole lot . Where else could he or she get that much money within five days of your death !? To you , it could be worth a lot of cash . Some people use permanent insurance to accumulate wealth . Given the proper product , the proper management , and sufficient time , that cash growth can be significant . In a way , however , life insurance is priceless . You are paying for peace of mind . No need to worry about the finances of your heirs . If you have planned properly , they will not only be okay , but well-off . How much is that worth to you ?


Input: How Much Is My Life Insurance Policy Worth?

Output: If you have Term Life Insurance , your policy is worth the face amount of the policy . However , it is only worth that if you die before the policy lapses -LRB- at the end of the term , or when you quit paying premiums -RRB- . If you have permanent insurance , your policy has three possible values : 1 -RRB- The face amount , which is what your beneficiary would be paid if you died . 2 -RRB- The cash value -LRB- f there is any -RRB- , which is what you could borrow from , or get in cash if you surrendered the policy . 3 -RRB- Sometimes a permanent policy can be sold as a life settlement . The insured person must have significant health problems and the policy must have certain criteria to be considered by investors for purchase . In # 2 and 3 # , the policy will no longer pay your beneficiary any death benefit if you die . So the highest worth for your Term or Permanent policy is to keep it until death occurs .


Input: How Much Does Health Insurance Actually Cost?

Output: Sometimes ... not very much , and sometimes quite a bit . Health insurance rates are based on may factors including where you live , your health conditions -LRB- if any -RRB- , your age and the type of medical coverage you are applying for . And beginning in 2014 , your income will actually impact what you pay for Exchange/Marketplace coverage . For specific prices and options , you can get free online quotes from an experienced broker or their website . You may be asked a few questions but it 's the easiest and quickest way to determine your cheapest options .


Input: How To Get Health Insurance With Epilepsy?

Output: You can get health insurance with epilepsy . As an experienced health insurance broker -LRB- 33 years -RRB- , this is one of the conditions we often see when helping consumers shop for affordable healthcare . Under the ACA -LRB- Affordable Care Act -RRB- , pre-existing conditions are covered and there is no waiting period . Also , you may qualify for a federal subsidy to help pay premiums -LRB- during Open Enrollment -RRB- . Deductibles and coinsurance , however , will impact your out of pocket expenses .


Input: How To Get Health Insurance With Epilepsy?

Output: You can apply for health insurance coverage during the annual open enrollment period or when you qualify for a special enrollment period -LRB- having a qualifying life event - e.g. getting married , giving birth to a child , etc. -RRB- Under the new Afforable Care Act , each individual health plan is , in short , guaranteed-issue - you can not be declined for health insurance due to a pre-existing condition or other health-related issue . You have the option to secure a bronze , silver , gold , or platinum level plan - please note , not every carrier offers a plan under each level -LRB- e.g. company XYZ may only offer bronze , silver , and gold plans , but not platinum plans -RRB- . Individuals under age 30 also have the option of securing a catastrophic plan . If you qualify for a subsidy , you would want to look into plans ON the health insurance exchanges . If you do n't qualify for one , you may want to look into plans OFF the exchanges as you will generally have more options available to you . I highly recommend working with an independent insurance agent/broker as they can help clarify the details under each plan from multiple carriers and guide you through the process of securing a health plan that will best serve your needs -LRB- and in today 's world ... stay within your budget -RRB- .


Input: Who Should Have Critical Illness Insurance?

Output: I think critical illness policies are the most underserved market in health insurance . When people consider supplemental insurance plans they normally only look at cancer plans . Most critical illness plans cover much more than cancer . They include heart attack , stroke and some cover disabling conditions like ALS . Look for a health insurance based critical illness plan , not one that is a rider to term life insurance .


Input: Does Homeowners Insurance Cover Well Pumps?

Output: The loss of the pump to normal wear and tear is not covered . If the pump is lost due to a covered peril such as lightning , fire , or windstorm , then it would be covered . A pump is not an excluded item under the HO-3 form of the homeowners policy which is the most common form .


Input: How To Apply For Medicare Part D?

Output: Medicare Part D is the prescription drug plan available to individuals covered by Medicare . Medicare Advantage plans are offered by private insurance carriers . Plans differ significantly in availability by zip code . In evaluating a drug plan you should use the Medicare drug formulary plan finder . Look for plans that cover most if not all of your medications under their formulary . You can enroll direct with the drug plan carrier , through an agent or through Medicare .


Input: How To Apply For Medicare Part D?

Output: You can apply for part D by contacting an agent , online or by calling Medicare . Enrolling with an agent is a good option because you will get educated and may better understand how the plan works . You may also want to look at a medicare advantage plan which normally includes part D.


Input: When Should You Purchase Long Term Care Insurance?

Output: It is always best to buy when you are young and healthy . So , the best time to buy is now . Delaying purchase of long term care insurance can result in paying higher premiums since they increase at older issue ages . Also , your chances of becoming uninsurable for long term care insurance increase with age . Long term care can impact adults at any age so it is never too soon to purchase insurance for it . The average age of purchase has been falling in recent years as more people are purchasing it at younger ages . Many are buying in their 40s and 50s .


Input: What Is Variable Appreciable Life Insurance?

Output: Variable appreciable life insurance is a form of whole life insurance with the option to invest your premium dollars into separate sub account investments . This type of life insurance provides some guarantees but also comes with certain risks that you should be aware of before investing like all risk based products .


Input: Does AARP Have Home Insurance?

Output: AARP is not an insurance company . However The Hartford which is an excellent company will offer homeowners insurance and give a discount to AARP members . I myself am an AARP member and have my home and auto through the Hartford . Discounts may vary by state but the coverage 's are excellent


Input: Will My Homeowners Insurance Cover Mold Damage?

Output: There are hundreds of species of mold common to the United States . Small areas of visible mold that build up on moist areas in a home not only look bad but are also a health risk , the mold may cause allergy like symptoms and/or breathing difficulties . Basic home insurance policies , generally limit coverage for mold or exclude it . It is very easy for mold to grow given suitable conditions in a home that does n't show pride of ownership ; mold claims became so excessive in prior years , the insurance industry chose to limit or exclude coverage rather than raise premium to address the growing claims . Although the standard coverage will vary from State to State as well as vary between insurance carriers , it is important to view your specific insurance policy to find out if there is coverage for mold and what the limit is.In some cases , a carrier will actually allow an extended amount of coveragefor an additional premium . It is best to maintain a clean and moisture free structure to prevent the growth of mold . In homes with a basement , it is important to remove all moisture as quickly as possible following any leaks . The Federal EPA recommends homeowners clean up any area affected by mold which is less than 10 square feet using bleach or a suitable product , any area larger than that should involve a professional .


Input: How To Know How Much Renters Insurance To Get?

Output: You should meet with a local agent they can provide you with the information necessary to allow you to make an informed decision about your coverage needs . The amount of renters insurance coverage that you should have depends greatly on the valuation of your personal items and the amount of assets that you and your family currently own .


Input: Is Universal Life Insurance Worth It?

Output: There are several reasons why universal life -LRB- UL -RRB- insurance could be right for you . To make sure , you need to create a financial profile that establishes your risk tolerance and confirms your economic goals . Universal life insurance has four policy types : guaranteed UL for indemnification and three current assumption ULs for income based on crediting options like interest rates , indices and separate subaccount using equities and bonds investments . Guaranteed UL is generally cheaper than participating whole life and the three UL types have saving and/or investing options to accumulate tax deferred cash values and the potential with a TAMRA compliant non modified endowment UL to generate tax free income as long as the policy is kept in force for the life of the insured .


Input: How Can I Get Health Insurance Without A Job?

Output: Good question , You can apply just like anyone one else . Normally the question of having a job is on the application but you should have an option to explain why you are unemployed and/or how you intend to pay your premium if they do approve your application . Hope this helps !


Input: What Exactly Does Voluntary Term Life Insurance Mean?

Output: Voluntary Term Life Insurance is a provision of group life insurance , where the employee may purchase additional coverage beyond what the employer provides . Voluntary Term Life Insurance can also extend to the spouse or dependents of the employee . The employee is able to purchase the additional coverage at group rates .


Input: When Does Everyone Get Health Insurance?

Output: Starting in 2014 most all US citizens will be required to have an approved form of health insurance . Some exceptions are made for those with religious convictions . Most will receive health insurance through their employer or from the taxpayer -LRB- Medicare , Medicaid , SCHIP , etc. -RRB- . If you do not have an employer group health insurance plan or a taxpayer funded plan you will be required to purchase individual health insurance . Low income individuals may qualify for a premium subsidy if they purchase through a health insurance exchange . You may also purchase an approved policy off exchange through a health insurance agent or direct from a carrier .


Input: How Long Does A DUI Affect Life Insurance?

Output: This will vary from carrier to carrier . It will also depend on the number of DUI 's you 've had and your age . Younger people -LRB- especially those in their 20 's -RRB- are effected the most by a DUI on their driving record . For most carriers , one DUI will keep you at their standard risk class for at least 3 years since the incident .


Input: How Long Does A DUI Affect Life Insurance?

Output: A DUI will affect life insurance rates , or the ability to get some life insurance policies , for some time . The amount of time depends on the policy . Some No Exam policies will delay until two years after the DUI . Others will not count the DUI unless drug or alcohol treatment was needed . And others will not look at DUI 's at all . When applying for a medically underwritten policy , a DUI can keep a person from the best rates for as long as 10 years with some companies . But if it was an isolated incident and the applicant now drinks lightly or not at all , the impact is less than if substance abuse treatment was ordered and the applicant has gone back to drinking heavily . The life insurance company will also look at other traffic violations , if there a multiple offenses , and other factors . To find your best rate after a DUI , contact an agency that sells policies from many companies so they can sift through them for you and find you the one that will give you the best rates .


Input: What Kind Of Disability Insurance Should I Get?

Output: Disability insurance is paycheck protection . If you can afford to cover most of your compensation until retirement , you should . Even short term disability insurance is better than none at all . Most Americans have 90 days of cash reserves for emergencies . Paycheck protection insurance is so important and disability insurance can give you the peace of mind that you have income replacement .


Input: What Kind Of Disability Insurance Should I Get?

Output: They type of insurance you can purchase is determined by many factors including what type of job you have , your current health history , whether or not you have DI through an employer . When you meet with an agent , be open about how long you 'd be willing to live off your savings . Some people prefer a shorter benefit period -LRB- 2-5 years monthly payouts -RRB- , while others want coverage that will pay them until age 65 .


Input: What Kind Of Disability Insurance Should I Get?

Output: You want to obtain the maximum coverage for your paycheck allowable by the disability insurance company . If you are a professional with occupational skill sets , you should consider own occ disability insurance like a plastic surgeon for example . If you have the discretionary funds , you may also consider disability insurance for your retirement plan .


Input: What Does Life Insurance CSV Mean?

Output: Life Insurance CSV stands for life insurance cash surrender value . If you were to cancel your life Whole or Universal Life insurance policy , it is the amount of money you would get in cash -LRB- if any -RRB- . If you had a return of premium -LRB- ROP -RRB- Term policy , you could also get some cash value back , if you kept the policy enough years . Regular Term Life does not have cash value .


Input: What Percentage Of Salary Should You Save For Retirement?

Output: One of the most successful people I have observed was a teacher who saved the maximum amount possible in a tax deferred plan offered within her district and she did this for over thirty years ! She was a millionaire . The truth is that once you make a commitment to any percentage of your income you will find it fairly simple to maintain that percentage . Time is the key ingredient , the longer the time the more growth you will experience .


Input: Why Should I Plan For Retirement?

Output: Some reasons that you should plan for retirement are : 1 -RRB- Social Security , Medicare , and pension plans are all facing uncertain times . If you do not make plans for income besides Social Security , you could find yourself in dire financial straits . 2 -RRB- You never know if you will have unforeseen expenses , such as illness or injury to yourself or a loved one . 3 -RRB- If you do n't make conscious choices with your money , it tends to slip away . Planning for retirement harnesses some of your income so that it can meet critical needs later in life .


Input: What Is The Rate Of Return On Whole Life Insurance?

Output: What sounds like a simple question , actually requires a two part answer . Life insurance creates cash at death . Calculating the rate of return for the death benefit would involve the ratio of the total premiums paid to the total death benefit including dividends if any . In the early years the rate of return would be very high . The rate of return on the cash value is often referred to as the internal rate of return -LRB- IRR -RRB- and involves the ratio of the premiums paid less any riders to the cash surrender value . If you have further questions , please do not hesitate to contact me .


Input: Does Car Insurance Cover Hitting A Curb?

Output: Car insurance will cover your vehicle if you hit a curb . However , assuming you have collision coverage , a deductible will apply to damages to your vehicle . Typically , the deductible is between $ 100 and $ 500 . Damages to the curb -LRB- which should be nominal -RRB- would be covered under the liability portion of your policy , and more specifically , the `` property damage . '' Your policy should easily cover all of the damages . Before filing the claim , it 's wise to check with auto insurance experts such as us , or your local broker .


Input: Does Car Insurance Cover Hitting A Curb?

Output: If you have Collision coverage on your auto policy , then you have coverage for damage to your car as a result of hitting a stationary object . A curb would certainly qualify as a stationary object . Collision coverage provides benefits if you hit another motor vehicle , a stationary object or a human being . Comprehensive coverage takes care of other physiecal damage or loss such as flooding , beiiung hit by a falling or flying object , fire , theft , vandalism , etc. . Talk to your Insurance Professional about the specifics of your policy to gain a broader understanding of the benefits that it provides and any limitations or exclusions it may contain .


Input: How Much Should Universal Life Insurance Cost?

Output: If you are asking what the annual cost would be , then the answer would be whatever necessary to keep the policy in force . In some years that could be $ 0 . Flexibility is the key to universal life and while the company will give you a target premium , you can invest as much or as little as you like in a given year . If you are really asking about cost that is determined when you die . If the policy is still in force , it probably cost very little . If it has lapsed , it cost you a great deal .


Input: How Much Should Universal Life Insurance Cost?

Output: There 's many factors that go into the premium calculations for life insurance to say what an average universal life insurance policy costs - it will be different for every person due to a number of factors including their age , gender , amount of coverage they want , how long they want the coverage for -LRB- guaranteed to age 90 , 95 , 100 , 121 , etc. -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 mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . I would suggest consulting with an experienced life insurance broker who can work with you on a personal level and help determine what coverage is appropriate/suitable for your needs and budget and which carrier will work best for your program . 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: How Much Should Universal Life Insurance Cost?

Output: Cost is always a good question . Index Universal Life insurance is not a costly insurance it is very competitive with any life insurance and probably is one of the best out there but there are factors to consider what does your savings account look like will you commit to using the policy the way ; it is designed it has a death benefit which has a cost and you can save for retirement tax free in most cases you would need to talk with your -LRB- CPA -RRB- so look closely to your contract 15 years from now you will be glad you did the cost is discipline .


Input: Can I Use My Health Insurance In Another State?

Output: You can use your health insurance in another state , it just depends on whether it will be considered in or out of network . If it is an emergency , most companies willtreat it as an I network claim . If it is for a random MD visit , then it will most likely be treated as out-of-network


Input: What Does Rutgers Health Insurance Cover?

Output: Most student health plans provide limited benefits and are overpriced . For about the same premium you can usually get a true major medical plan . Student health plans usually include benefits centered around the student health center and possibly an affiliation with a local hospital . Pre-existing conditions may not be covered at all or there will be a delay of up to 12 months before they are considered a covered expense . Also the health policies have an expiration date , usually coinciding with the school year .


Input: What Does Rutgers Health Insurance Cover?

Output: Rutgers health insurance -LRB- presumably -RRB- has a student plan option where you can purchase medical coverage at a reasonable rate . There also may be limited underwriting , although the Network may not be national . You should compare this option with your existing coverage -LRB- if you have any -RRB- . A local experienced broker is the best resource . Go Scarlet Knights !


Input: Why Get Renters Insurance?

Output: You might be required by your landlord to purchase a renters policy . You might suffer a life changing loss if you are sued for bodily injury or property damage . The property that you have accumulated and that is required for your comfort could go up in smoke . I renters policy deals with these and other issues efficiently with a very small expense .


Input: Why Get Renters Insurance?

Output: That is a great question ! You might want to consider a renters policy if you answer `` no '' to the following questions . Can you afford to replace your belongings -LRB- all of them -RRB- if they were to be destroyed ? Can you afford to replace all of your electronics -LRB- phone , computer , tv , stereo/gaming systems -RRB- if they were to be stolen ? Can you afford to pay for the damages if you were to be sued for someone being injured at your apartment , or if your landlord sued you for damages to the apartment ? Renters insurance covers all of those things . I hope that helps , thanks for asking !


Input: Why Get Renters Insurance?

Output: Renters insurance can help protect you and your family against financial hardship caused by covered loss at your premise or an accident occurring on your premise as two of the primary reasons . Renters insurance is similar to homeowners insurance in many ways but typically at a lower cost . Contact a locale agent to find out more information about coverage details and costs within your area .


Input: Can A Landlord Require Renters Insurance?

Output: Yes , it si very common for leases to require renter 's insurance and your landlord can require it . As mentioned above , it is not very expensive and could save you a lot of money if something unfortunate happens . Many landlord 's will not let you move in without proof of the coverage .


Input: Can A Landlord Require Renters Insurance?

Output: Both Michael and Dan have provided useful information here . I would like to add a personal circumstance that I have often shared , in hopes that it will increase awareness of the importance of this coverage . As both Gentleman have indicated , a landlord can require that the renter 's policy be a term within a lease . Absent a State law that would preclude inclusion of such a clause , it can be a requirement . I saw the value of this important insurance coverage first-hand , when my two Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . Fortunately , no one was hurt but the apartment became totally uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy -LRB- they finally listened to their Father ! ... -RRB- they were reimbursed for all of their burned and smoke-damaged possessions . Additionally , they received full reimbursement for living expenses elsewhere , while restoration was being completed . When the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court , as a frivolous allegation , the insurance carrier provided them a defense for the negligence claim , including the presence of a defense lawyer during the formal hearing . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time !


Input: Can A Landlord Require Renters Insurance?

Output: A lease is a contract . If the lease requires renters insurance and the tenant signs -LRB- agrees -RRB- it is required . That said , renters insurance is cheap . every tenant should price it and consider the coverage . Anyone who rents property should consider requiring the coverage . If this happened there would be a lot less sad stories of poor families who lost everything in a fire . the saddest part is the family might not be in that position ... For less than $ 10 month . What a shame .


Input: Can I Take Out Life Insurance On My Husband?

Output: Typically all you need is to have an insurable interest and their permission to be able to purchase a life insurance policy on some one else . A husband or wife would have an insurable interest for each other . Contact a local to discuss coverage availability and pricing for the type of policy that you are seeking . A local agent will be able to help you understand the different types of policies to all you to decide which is the right one for you .


Input: How Do You Write Life Insurance In A Trust?

Output: Generally speaking , life insurance that is being considered as a funding product for a trust is generally attempting to keep the life insurance proceeds from federal and/or state estate taxation . An Irrevocable Life Insurance Trust -LRB- ILIT -RRB- is set up by an attorney making the ownership of the life insurance policy the ILIT . Consult an estate tax attorney before moving forward with asset ownership issue like life insurance .


Input: How Much Is Disability Insurance?

Output: Like all insurance , the cost of Disability Insurance varies according to age , health , smoking and weight . In addition , the cost of Disability Insurance is influenced by one 's occupation and salary , as well as what features are chosen for the policy . E.g. Just making the elimination period 30 days vs 365 days can double the premium for some policies . That being said , a 2 year plan for a health 40 year old woman who works at an office job and makes $ 50,000 per year can run as low as $ 50 per month .


Input: Can I Buy Auto Insurance Out Of state?

Output: If you live in a particular state and register and garage your vehicles in that state you can not purchase out of state insurance for those vehicles . If you live in a particular state but register and garage a vehicle in another state then yes you may purchase the insurance for the vehicle in the state the vehicle resides in .


Input: What Is A Endowment Plan In Life Insurance?

Output: Endowment plans are designed to really push the cash accumulation inside your policy . Why would you want to do that ? I mean after all , the purpose of life insurance is to provide the survivor benefit you need , when it is needed , for the best price available . Each dollar of benefit literally costs pennies . It is a great deal . So how does cash fit into this picture ? It can be superb icing on the cake . Solid whole life products provide great guarantees on the cash accumulation . Solid whole life companies provide some hefty dividends on a non-guaranteed basics . Universal life can provide not only attractive cash accumulation , but some pretty interesting distribution options . And according to current tax law , all this money can be available with little or no taxation . -LRB- Ask your attorney if you dont believe me -RRB- . BUT certain rules have to be followed if you want to keep Uncle Sam out of the picture . An endowment contract could very well trigger a taxable event . When a policy endows , it could exceed the threshold of growth that the government authorities allow before they tax you . A pretty good sign this has occurred is when the cash value equals the death benefit . Is this necessarily bad ? It doesnt have to be . If you get the proper advice from your broker and your tax advisor , this could be a planned event in which you still benefit . Even considering the tax you will have to pay , you could still be way ahead of the game financially . However , if you really want to avoid a taxable event , your insurance company will help you . They really dont want to be sued by you or anybody else who mistakenly gets a tax bill you dont want to pay . They will give you illustrations to your hearts delight with all kinds of red flags screaming endowment ! endowment ! endowment ! You can then plan accordingly . To endow , or not to endow . That is the question :-RRB-


Input: What Is A Endowment Plan In Life Insurance?

Output: An Endowment Plan , is a life insurance policy that is designed so that the guaranteed cash value equals the face amount of the policy at a specified age or time . A whole life policy is for example an Endowment at age 100 , since that is when the guaranteed cash value equals the face amount . 20 year Endowments and Endowments at ages 65 and 70 used to be quite popular savings vehicles . In Canada , the government legislated the maximum cash value to death benefit ratio permitted needed to keep the policy exempt from accrual taxation to that of Endowment at age 85 . The result being that insurance companies do not issue those Endowments anymore . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Are The Pros And Cons Of Annuities?

Output: Pros Immediate annuities are , in my opinion , the most useful of the suite . For Americans who will not be retiring with a meaningful stream of pension income , immediate annuities offer that potential . Because an immediate annuity is purposefully consuming both interest and principal to create an income stream , the individual distributions are likely to be higher than anyone could justify taking from a balanced portfolio of investments , where maintenance of the principal balance is often the goal . Fixed annuities allow an investor to lock in rates of return that are comparable to CDs , but likely for longer terms -LRB- whereas CDs are typically quoted in months , fixed annuities are quoted in years ranging from one to 10 . -RRB- The most common are three , five and seven year fixed annuities . If -LRB- read : when -RRB- interest rates rise from abnormally low rates to abnormally high rates , it could be a wise time to allocate some of one 's fixed income exposure to a fixed annuity . And unlike a CDthe interest from which is paid out and taxed annuallythe interest or gains earned in annuities are deferred until distributions are taken . Many annuities promise some level of principal protection . Even in certain variable products -LRB- invested in equities -RRB- , a portion of your principal or even future income may be guaranteed by the company . The advantages of equity indexed annuities are , frankly , hard to find amidst the overly-simplistic marketing pledges shrouding their overly-complex underlying construction . ... Whoever sells you the policy will likely be going on a nice vacation sooncommissions on these products range into double-digit percentages . Additionally , you could suspend disbelief and allow yourself to think you 're getting the upside of the market without any downside . Ignorance can be blissful , if only momentarily . Cons Unfortunately for each of the pros , there are pretty significant cons . At this time , prevailing interest rates -LRB- and correspondingly the rates used to calculate immediate annuity payouts -RRB- are so low that committing funds could expose you to a meaningful amount of inflation risk . So even if you 're predisposed to lock in a more secure income stream with an immediate annuity , consider waiting until rates normalize . The same could be said for most fixed annuities . The tax deferral of annuities is worth something , but there 's a priceor prices , reallyto be paid . All of your gains will be taxed at your ordinary income rate . Especially if you 're investing in a variable annuity with equity exposure , you 're trading the tax privilege of capital gains for a ratedeferred or notthat could be twice as much . Another negative tax implication is the loss of a `` step-up '' in cost basis to your heirs . Capital assets that were purchased at a low costlike stocks and real estate , for exampleare afforded a step-up in their cost basis upon your death . If you sold those assets during life , you 'd paid capital gains tax . If you gave them to your heirs while you were alive , your heirs would inherit your cost basis . But if you wait to pass them to heirs until after your death , they will receive a step-up in their basis to the cost of the holding on your date of death . Annuities with significant appreciation , however , receive no such benefit . In fact , not only will your heirs inherit your cost basis , they 'll be paying tax at their ordinary income rate and may be forced to distribute the policy and take that gain in short order , resulting in a tax time bomb for those you hope to bless with an inheritance . There are more pros and cons - please visit my website or call me to discuss your particular situation .


Input: What Are The Pros And Cons Of Annuities?

Output: The pros of owning an annuity are significant in a high tax bracket where their tax deferral is a major component to accumulating cash values . Many times the annuity rate is higher than most banks and money markets . And if annuitized annuities can generate life time income you cant outlive . The cons of owning an annuity can be significant . Liquidity is a concern . In general the longer the hold position the higher the surrender charge . Fixed interest rates that lock down long positions like the present 3.25 % for ten years could be too long if rates go up over the next decade . Todays five year rate is 2.95 % . Is the extra 35 basis points worth it for double the time period ?


Input: Who Benefits From Life Insurance?

Output: In the sense that life insurance brings both financial and emotional benefits , everyone involved with the policy benefits from life insurance . The person who secures the policy has peace of mind knowing that they are providing for those they leave behind . Those who receive the life insurance proceeds are benefited from the financial help , and also are blessed by the thoughtfulness of the person who passed .


Input: When Does A Variable Annuity Make Sense?

Output: A variable annuity makes sense when you want the features of an annuity but would like to have a more hands-on approach to the investment part of the annuity . There are a wide variety of options and even that approach can be tailored to you . Remember that it takes a variable annuity license to sell this product and you should make sure that the agent you are talking to is properly licensed .


Input: When Does A Variable Annuity Make Sense?

Output: The variable annuity will make sense based on your individual needs and personal circumstances . This type of annuity is a contract between the insurance company and the insured -LRB- i.e. client or customer -RRB- . The insured pays one lump sum payment or may make other payment arrangements to the insurance company . Then , the insurance company agrees to make payments back to the insured at specific dates in the future . With the variable annuity , the client can receive monthly payments for the rest of his life . Also , this annuity protects you if you out live your assets . Variable annuities are also used to hedge against inflation . If you think you are going to live a long time , you should think about buying an annuity . Your beneficiary -LRB- i.e. children and other family members -RRB- may be able to receive the payments when you die . The variable annuity is tax-deferred . You do not pay taxes until you withdraw the money . Some variable annuities have a death benefit . Make sure you read the prospectus and ask a lot of questions . This type of investment is for the long-term and to help you meet your retirement goals and objectives .


Input: Where Can I Buy Life Insurance?

Output: Nearly all life insurance must be purchased through the intermediary of a life insurance agent . Becoming an agent requires studying approved materials , passing a test , and taking ongoing continuing education . It required adhering to a code of ethics and abiding by many industry regulations . A good agent will also be honest with you and help you wade through the myriad of choices to find your best product and price for your needs . Good life insurance agents can be found online or in offices. ; in fact , many agents sell both in an office and online . You can read their bios , testimonials , and privacy practices to get a feel for who to trust . Then call them . Quote engines can give you an idea of your premium , but accurate quotes almost always require some back and forth conversation -LRB- even if by email -RRB- to determine if you qualify for that rate .


Input: Where Can I Buy Life Insurance?

Output: The best place to buy is with a trusted independent agent that represents multiple companies to shop on your behalf for the best rate for your unique situation . Be careful shopping online . Most web quotes are given at the best preferred rate which only about 5 % of the population can qualify for and it is roughly half of the standard rate which 65 % of the population qualifies for .


Input: Where Can I Buy Life Insurance?

Output: The world is full of places to buy life insurance . Take a walk from your home down to your local business district . You will probably pass your landscaper . There are some companies that employ laborers , clergymen , and folks in all walks of life as part-time insurance agents . Drop into your bank . In all likelihood they have somebody trained to sell the product . Stop off by your stockbroker . Same thing . Want to have a cup of coffee with your accountant ? She could very well be licensed to sell life insurance , or affiliated with a brokerage that does . Perhaps you want to drop into your local retail chain . They could be hawking policies . Come back and check your mail . Probably some offers there . Log onto the Internet . You could choose from hundreds of websites from dozens of marketing companies . It seems rather far-fetched , doesnt it , that all these various people could really have the product knowledge , underwriting expertise , industry contacts , marketplace experience , and professionalism needed to satisfy their clients ? The good news is that the life insurance salesperson is available to work with you . This person has the special skills needed to help you make an intelligent choice about this very special product . When you make the right choice , your entire financial portfolio has a firm foundation . When you make the wrong choice , the whole portfolio can collapse . Theres a lot at stake when you buy this product . That is why you need the best possible advice and counsel you can get . The people in my profession provide it .


Input: How Often Does Medicare Allow Colonoscopy?

Output: Medicare will cover a colononscopy every 24 months -LRB- 2 years -RRB- if the patient is at high risk for colorectal cancer . If the patient is not high risk for colorectal cancer , Medicare will cover a colonoscopy every 120 months -LRB- 10 years -RRB- or 48 months after a flexible sigmoidoscopy .


Input: Is It A Good Idea To Get Renters Insurance?

Output: Unless you have limitless resources buying a renters policy makes very good sense . If you were to be sued because someone fell in your unit and was seriously injured , the judgment could bankrupt you . If a fire sweeps through the unit and destroys it . Everything you owned would go up in smoke , is that a loss you can handle ?


Input: Is It A Good Idea To Get Renters Insurance?

Output: I previously posted this piece in response to a renter insurance question . I am sharing it here , hoping that it might be of value in answer to this inquiry . Mr. Pipes provides a good summary before me and concludes with an important question . I am adding this message with a personal example of the value of this coverage . Renters insurance policies provide a considerable amount of coverage for a relatively small premium . For starters , it is extremely valuable coverage in the event of a loss to your personal property from perils such as fire , smoke , theft and several other common loss circumstances . It also provides some coverage for liability which can be of significant value . Other desired coverages can be economically added . From a personal standpoint , I saw the value first-hand when my Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . Fortunately , no one was hurt but the apartment became totally uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy -LRB- they finally listened to their Father ! ... -RRB- they were reimbursed for all of their burned and smoke-damaged possessions . Additionally , they received full reimbursement for living expenses elsewhere while restoration was being completed . When the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court ... the insurance carrier provided them a defense for the negligence allegation , including the presence of a defense lawyer during the formal hearing . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time !


Input: How To Use Life Insurance As Collateral For A Loan?

Output: To use life insurance as collateral for a loan , you usually name a relative as the Primary Beneficiary , then fill out a collateral assignment form for the lender . This allows the lender to take whatever part of the death benefit that is needed to pay off your loan , and your Primary Beneficiary will receive the rest . The Small Business Administration often requests the purchase of a 10 year Term policy , so that they are assured to have their loan paid by the death benefit if you would pass away before the loan is paid off .


Input: How To Use Life Insurance As Collateral For A Loan?

Output: Life Insurance can be considered by a lender for collateral purposes generally speaking if it is some type of `` Permanent '' Life Insurance , that is one of the many types that include some sort ofcash accumulation benefit . These can take many forms including Traditional Whole Life , Universal Life and it 's many forms or some other type of Variable product . In general , Term Life Insurance , which provided for a death benefit but does not include any form ofcas accumulation provision , will more than liklely not be considered as collateral for a loan .


Input: What Does Home Owners Insurance Typically Cover?

Output: Homeowners insurance has two major divisions , property and liability . Under property the policy promises to repair damages created by named perils to your residence and your personal property . There are a few limitations but the coverage is pretty comprehensive . The liability coverage pays for your defense and any payments required up to the limits of the policy for claims of bodily injury or property damage . There are several additional coverages .


Input: What Does Home Owners Insurance Typically Cover?

Output: Great Question . There are two main kinds of coverages that are included in home insurance policy . 1 . Property to protect your home and its contents . 2 . Liability to protect yourself financially against costly claims and lawsiuts Other coverages include : Fire , Somke , Theft , Falling objects , explosion , and other coverages that maybe included at additional cost .


Input: What Does Home Owners Insurance Typically Cover?

Output: Great Question . Homeowners insurance is separated into Property & Liability coverage . Section I of the policy covers property . It includes Dwelling , Other Structures , Personal Property & Loss of Use -LRB- a place to stay while home is repaired/rebuilt -RRB- . As for what perils are covered it depends on the type of form that your policy is written on . Most homeowners policies are written on an ISO HO-3 form which is considered an All Risk policy . This will cover just about everything that is n't excluded for the dwelling . Exclusions include-flood , mechanical breakdown , wear & tear , intentional acts , nuclear and a few others . Your liability -LRB- Section II -RRB- of the policy includes Personal Liability & Medical Payments . Coverage 's E & F respectively . Most people understand Personal Liability . . most do not understand Medical Payments . Generally speaking , medical payments cover an event at your house that injures someone but the homeowner was not negligent . . For example - if you are over my house on Thanksgiving cutting my Turkey with my knife and you cut yourself this could be covered under the medical payments . Hope this helps


Input: What Does Home Owners Insurance Typically Cover?

Output: That is a great question ! Your homeowners policy will cover all kinds of things , like fire , someone getting hurt on your property , or a broken window . The coverage is broken down to two types : property , and liability . The property coverage protects against those actual physical damages that may occur . The liability side protects against damages that may be brought against you for things that happen upon your property . I hope that helps ! Thanks for asking !


Input: How Much Should I Plan For Retirement?

Output: Only you can answer that question . Figure your fixed costs after retirement , your plans -LRB- do you plan to travel ? -RRB- , and other individual factors . Also deduct out social security if you want to figure out how much additional savings you need to meet your goal . My opinion is at least 80 % of current income on average but that is not written in stone , every case is different . Sit down with a good agent familiar with retirement planning . He or she can help you put together a good plan for a comfortable retirement .


Input: How Much Should I Plan For Retirement?

Output: You should plan greatly for retirement based on new mortality projections , inflation erosion and products that generate returns based on your financial profile and risk tolerance . If your tax bracket is high , you should consider qualified plans , especially if your employer matches any portion of your contributions . If your tax bracket is low and theres no employer match , then you may want to look at non-qualified options that generally less restrictive and may have more liquidity .


Input: Does Everyone Need To Get Health Insurance With Obamacare?

Output: Well , not really . As with so many other aspects of ObamaCare , there always seem to be exceptions . While in general terms , it is correct to state that the individual mandate is in effect , there were a number of exceptions written into the original law which werethen laterfurther supplemented by other `` hardship '' exemptions being added to the list . As such , there are government approved ways to avoid paying the individual mandate which is the penalty for not having compliant health insurance . Some of the exceptions are narrowly crafted , while others do n't require a lot of imagination as to how a lot of people could dodge the individual mandate penalty , especially with the relatively new hardship exemptions . -LRB- One of which is literally - Have you recently experienced the death of a close family member ? -RRB- I can see a new cottage industry around tax time as people claim one of the hardship exemptions every year . And then there are those like American Indian tribes and some religious sects and subscribers to a health care sharing ministry who are outright exempted from the law 's provisions . So , oddly enough , ObamaCare seems to be evolving into a bizarre state of undercutting the strength of the individual mandate which it maintained was key tothe program 's success . Do you really have to get ObamaCare ? No , you never did , you just faced the possibility of a penalty being withheld from a tax refund and it looks like the odds of avoiding even that penalty will be good for a sizable fraction of the penalty box population .


Input: Does Everyone Need To Get Health Insurance With Obamacare?

Output: No you do not health insurance under Obama care is just giving the government more power over your life such as if you live or not and no one should have that authority but our father in heaven.You can buy outside on your own in my opinion you can do what you wish but I do n't think that would be a good decision .


Input: Does Everyone Need To Get Health Insurance With Obamacare?

Output: No , not everyone need to get health insurance with Obamacare . Law is that everyone have to have healthinsurance or pay penalty , but health insurance does not have to be through Obamacare . For example : It can be employer provided or individually purchased . It comes down to individual choice , needs , and preference .


Input: How Much Life Insurance Should I Purchase?

Output: The simplest rule of thumb to figure a face amount of life insurance is to take all of your debt -LRB- mortgage , auto , credit card , etc -RRB- plus the cost of educating your children -LRB- if you have young children -RRB- and add it together with ten times your income . For example , if you owe $ 200,000 on a mortgage , $ 20,000 in other debt and the cost of educating two young children is $ 80,000 each . You earn $ 75,000 per year . You would need to have $ 1,130,000 face amount . This would leave your family debt free , children 's college fund paid and $ 750,000 to invest for the income replace of $ 75,000 per year . I recommend using an experienced advisor to help set up the proper amounts with the proper coverage . But this is a good rule of thumb for the `` do it yourselfer '' .


Input: How Much Life Insurance Should I Purchase?

Output: This is the $ 64,000 question , isnt it ? -LRB- And the answer , by the way , is not $ 64,000 of coverage ; nor should you have to pay $ 64,000 in premium . But some people do , and it is well worth it . -RRB- That is a very important consideration . Life insurance premium is money well spent . Each dollar of benefit literally cost pennies . If you get the best rate available , then it costs you a few pennies . If you qualify for a higher premium , that it costs you a few more pennies . In either case , it is an extremely economical way to make sure your heirs and beneficiaries get all the money they need , exactly when they need it . Having said that , I have a very simple philosophy when it comes to determining the face amount . When it comes to taking care of your family , be generous . Losing you will be an incomparable trauma for them . Financial stress and strain would really hurt them . Even having to reduce their standard of living somewhat will cause distress . Give them enough money to live well . It wont take you too much time to calculate just how much money would be needed to accomplish that . When it comes to leaving money to your favorite charity , be prudent . A life insurance benefit could represent a substantial donation to them . They need to have demonstrated a high measure of accountability and responsibility in managing their finances , to qualify for a great gift . Give them enough money to make a difference and take a few good strides towards fulfilling their purpose . And considering spreading your wealth around to various good causes . When it comes to taking care of your business obligations , be exact . Have your accountant crunch the numbers to make sure your partnership agreement is adequately funded . Determine the value of your key people and make sure your company is indemnified against their loss . Account for any and all debt , and make sure there is enough coverage to take care of it . Your business should be able to flourish without you . If you have built it correctly , new leadership should be in place , and the money should be there , for the show to go on . That is successful entrepreneurism .


Input: How Much Life Insurance Should I Purchase?

Output: How much life insurance you should buy depends on what you want the life insurance to do . If your need is to cover a specific purpose , for example to leave your family well positioned in the event of your death , then the amount of insurance should include enough funds to replace your income -LRB- human life value -RRB- , cover your debts , estate costs , establish an emergency fund and more . If family protection is your objective , your insurance agent can help you with the calculations . Many insurance companies offer online calculators to give you a point of reference . Life insurance can play an important role in your financial and retirement planning . An independent life insurance broker can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Does Medicare D Work?

Output: I assume you are asking about Medicare Part D which is the prescription drug plan , as opposed to Medicare supplement plan D. Medicare Part D is offered by private insurance carriers . Each plan is different . Some have deductibles , some do n't . All have copay 's and a few have coinsurance for tier 4 drugs


Input: Who Is Eligible For State Disability Insurance?

Output: There are only five states with mandated short term disability . Those states are California , Hawaii , New Jersey , New York , and Rhode Island . None require long term disability . All fifty help administer Social Security Disability . The five state short term disability programs cover most private workers . Government employees sometimes participate voluntarily . California allows self-employed workers to participate .


Input: Who Is Eligible For State Disability Insurance?

Output: State Disability Insurance is offered by the State of California through the Economic Development Dept. You are eligible for State Disability Insurance if : 1 -RRB- You are not a government worker -LRB- there are some exceptions , such as some teachers may receive it through collective bargaining -RRB- ; 2 -RRB- you must have been working or actively looking for work when your disability begins ; 3 -RRB- you must be unable to work and be off work for at least 8 days to receive a benefit ; 4 -RRB- you must have received at least $ 300 in wages from which State Disability Insurance deductions were withheld ; 5 -RRB- you must be under a doctor 's care and he/she must provide certification of your care , 6 -RRB- you are not receiving unemployment or Paid Family Leave ; 7 -RRB- you are not receiving Worker 's Comp at a higher rate than your DI rate , 8 -RRB- you are suffering a loss of wages due to your disability , 9 -RRB- you are not incarcerated , and 10 -RRB- you apply for the DI benefits within 49 days of suffering your disability .


Input: What You Should Know About Your Retirement Plan?

Output: You should know why youre using the retirement plan you have and why youdid n'tselect another . The list of qualified plans has many options : SIMPLE IRA , SEP IRA , 401k , 403b , 457b , 412i , etc. . Non-qualified , but tax advantaged retirement plans like life insurance and annuities .


Input: What Makes Homeowners Insurance Go Up?

Output: In general , Homeowners Insurance premiums , like all insurance premiums , reflect the amount of risk that the insurance company has determined there to be and their loss and cost experience with these risks . There are many factors that are included in rate development within the above mentioned categories . A couple of examples can be the home 's location in relation to a fire department and hydrant . Homeowners policies , for the most part , include some form of an `` inflation guard '' provision meaning that the dwelling amount will be adjusted each renewal to reflect increased costs due to inflation . Substantial renovations on a home can markedly increase the replacement value of that home and as the dwelling amount increases , so too would the proportional premium . Talk to your insurance professional about your deductible options as well as any discount opportunities in order to manage any increases .


Input: What Makes Homeowners Insurance Go Up?

Output: Most homeowners policies come with a provision to increase coverage every year . This is an attempt to keep pace with increased cost of construction . The point is to have adequate coverage to replace the home in the event of a covered loss . Occasionally companies will take a general increase if their losses exceed their revenues . These rate increases usually require approval from your state insurance commissioner .


Input: What Makes Homeowners Insurance Go Up?

Output: There are several factors that can increase premium in a homeowners insurance policy . One could be the cost of construction . Since the home must be insured with enough dwelling coverage to cover the home in a total loss you my see an increase in dwelling coverage thereby an increase in premium . Also age of the home can be a factor . In brand new homes most insurance carriers give big discounts for up to 10 years . As the home ages the discount diminishes until gone . Generally all other factors aside the home can remain in a stable position until the home becomes around 30 yrs old which can at that time start increasing premium do to the risk increasing . Another factor is just a rate change by the carrier mostly due to high losses in any given area . And of course your claims history is a factor .


Input: What Makes Homeowners Insurance Go Up?

Output: There are several reasons why a homeowners insurance policy can increase in price and coverage . Here are some of the most common . Most policies come with an `` inflation guard '' that will raise the dwelling amount by a predetermined percentage every year . This can cause an increase in premium . The insurance company may have filed for a rate increase with the state . You may have received a `` new home buyer '' credit that is decreasing as the policy ages . You may have received a `` new home discount '' that may be getting reduced as the home ages . You may have lowered your deductible or made changes to the policy . You may have lost a discount for a central station alarm . The company may have done an inspection on the property that determined it needs to increase the cost to rebuild the home . There 's many reason but these are some of the top ones I 've come across . Hope this answer helps .


Input: Why Is Auto Insurance So Expensive For Young Drivers?

Output: In California inexperienced drivers pay a higher premium than experienced drivers . This extends to inexperienced drivers regardless of their age . Statistically , drivers in this category have higher frequency and severity of claims . The amount that is charged is linked to the actual experience of the insurance company .


Input: What Insurance Do You Need For A Home Business?

Output: To properly protect yourself and your business you should have a commercial liability policy at minimum . Contact a local agent to discuss your coverage needs and pricing of them . Commercial liabilty policies typically start at one million dollars of coverage . There are also many other coverages to consider depending on the type and size of your business .


Input: What Insurance Do You Need For A Home Business?

Output: Any home business is unique . You may need Commercial General Liability , Product Liability , Workers Compensation , Commercial Auto , Director 's and Officer 's , Professional Liability , Inland and Ocean Marine . Ask yourself the following questions : - Do I meet with customers in my home office ? If yes , I need general liability . - Do I go out and meet with other people for my business ? If yes , I need general liability . - Do I deal with any products , sales , stock , inventory , equipment ? If yes , I need general liability with products/completed operations included . - Do I offer installations or servicing ? - Do I use any subcontractors ? - Do I have other people come to my home office work for me , including janitorial and landscaping maintenance ? Once you answered these questions contact your HO insurance agent and ask if your HO policy contemplates any home office exposures ? You can compare insurance quotes for your home business online at WEBSITELINK