Input: What Are The Highest Rated Annuities?

Output: There are six rating services that monitor and assign financial strength or claims paying ability rankings : A.M Best , S&P , Moodys Fitch , Comdex and Weiss . A.M. Best measures claims paying ability , the rest financial stability or strength . The highest A.M. Best rating is AA + . The highest S&P rating is AAA , but when the U.S. government was downgraded by S&P , so were the AAA rated life insurance companies . There are public forums online on the web where you can obtain the ratings of most life insurance companies that manufacture annuities .


Input: What Does A Medicare Supplement Plan F Cover?

Output: Medicare Supplement Plan F covers all the features that the other supplement plans cover , except that it covers them all in one plan . The `` catch '' to Medicare Supplement Plan F is that it has high deductibles . The benefits provided are : 1 . Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up 2 . Part B coinsurance or copayment 3 . Blood -LRB- first 3 pints -RRB- 4 . Part A hospice care coinsurance or copayment 5 . Skilled nursing facility care coinsurance 6 . Part A deductible 7 . Part B deductible 8 . Part B excess charges 9 . Foreign travel exchange -LRB- up to plan limits -RRB-


Input: Will Health Insurance Cover Liposuction?

Output: Liposuction is generally considered an elective procedure and therefore not covered by health insurance . I personally have n't come across a health insurance program that offers coverage for that specific procedure . I 'd suggest reviewing your policy for a definitive answer or contacting the agent on your policy . Hope that helps !


Input: Is A Physical Required For Long Term Care Insurance?

Output: Yes , a physical is required for Long Term Care Insurance when applying for an individual plan . When working for a business that offers group Long Term Care Insurance , a physical will generally not be required . The physical required for individual Long Term Care Insurance helps the insurance company determine your health risks , tobacco status , etc , all of which enter into the calculation of your LTC premiums , and help them decide whether or not your application can be approved .


Input: How Soon Does Life Insurance Take Effect?

Output: That is a great question ! Generally your policy becomes effective after they 've received your first premium payment , and it has cleared . That is assuming of course that you were approved , and the policy issued . That said , some companies will insure you from the date of the application , some states have regulations regarding the time your coverage begins , and your individual company can have its own rule . Best advice is to ask your agent for your policy 's specifics . Thanks for asking !


Input: How Soon Does Life Insurance Take Effect?

Output: Life insurance normally takes effect when the policy has been approved , issued , and the fist premium has been made and delivery paperwork is completed . There are variations , though . With some policies , you can purchase temporary coverage that would allow the policy to pay your beneficiary if something happened to you during underwriting . Some No Exam , digitally signed applications will draft the first premium and put the policy into effect before you receive it in the mail .


Input: Is Neighbor Responsible For Fixing My Car If A Rotten Tree Of His Fell On It?

Output: That might be an issue that requires litigation . You can notify the neighbor that you are going to litigate . The neighbor can contact his homeowners insurance company and they can either litigate with you or offer you a settlement that you accept . It really isnt a matter of recriminations ; it is just a matter of settling who is at fault if anyone . Sometimes a court will accept such a scenario as an act of God .


Input: Is Neighbor Responsible For Fixing My Car If A Rotten Tree Of His Fell On It?

Output: That is a great question ! You 've got a troublesome situation on your hands , Do you have proof that the tree was rotten , and proof that the neighbor was aware ? Hopefully your neighbor will be good about it , and submit the claim for your damage without any fuss , but if he does n't , you are probably going to have to go the route of having your insurance company fight for the claim , or take him to court . If the fault can be proven to be the neighbors , you should come out ok . Good luck , and thanks for asking !


Input: Is Neighbor Responsible For Fixing My Car If A Rotten Tree Of His Fell On It?

Output: The issue comes down to the famous question , `` what did he know and when did he know it ? '' followed by `` what did he do about it ? '' If Your neighbor knew about the condition of the tree , and that can be documented , and then did nothing to remove the tree or it 's damaged parts , then if it fell and caused damage to your car , your neighbor would be legally liable for that damage . The liability portion of his Homeowners ' policy would provide coverage for such a loss as a result of his negligence .


Input: Which Is Primary Cobra Or Medicare?

Output: In most cases , Medicare is primary and COBRA is secondary . But there are situations where your COBRA plan would be primary . If you are on Medicare as a result of ESRD -LRB- end stage renal disease -RRB- the role is reversed and COBRA is primary , Medicare secondary . You can review the Medicare publication `` Who Pays First '' for more detail .


Input: Which Is Primary Cobra Or Medicare?

Output: Medicare is primary , you need to be enrolled in both Medicare Part A and Part B. Federal Medicare regulations say that once a person age 65 or older ceases current employment , any other type of insurance , including COBRA , kicks in only after Medicare pays its share . If theres no Medicare coverage , the insurer is under no obligation to pay Medicares portion .


Input: Who Offers The Best Life Insurance?

Output: There are many contributing factors in the discovery process to determine what life insurance company is best for any one potential insured . Is the planning goal indemnification , income or inheritance ? Is the period of coverage temporary or permanent ? What is the medical underwriting of the insured and what is their smoking status or secession ? Gathering this type of data can presort the life insurance companies that will be best suited for the potential insured and the recommendation from an insurance professional should be the final three based on this filtering methodology .


Input: Who Offers The Best Life Insurance?

Output: There is no `` best '' company . Life insurance professionals will work with you to find the right company and product for your specific needs . There are hundreds of fine companies that carry high ratings for claims-paying ability and financial strength . Even when insurers run into trouble , regulators and the industry steps in to ensure policy holders are not harmed . This history of trust is unparalleled . It has often been noted that there has not been a failure to pay even one dollar of death benefit in the long history of the industry .


Input: Who Offers The Best Life Insurance?

Output: Who offers the best life insurance ? Well actually there is no best single company . There are many companies who have excellent financial ratings which is great for the consumer as there are many companies in competition for your business . The best will be the one that offers you the best price for your coverage needs while maintaining high financial ratings .


Input: When Do Health Insurance Exchanges Start?

Output: Open Enrollment for individuals is set to begin on October 1st for a January 1st effective date . The Open Enrollment Period will continue until March of 2014 . During that time you may select a plan from one of the exchanges , now called Marketplaces , or from a private insurer . Unless you qualify for a subsidy , make sure you shop the private individual market before arbitrarily moving to the public exchange . You may be able to save money and receive better coverage .


Input: Where To Get Long Term Care Insurance?

Output: Long Term care insurance ca be bought thru brokerages career nd independent agents . You need to look for an agent that has a plan that fits your needs and budget . There are many type of plans to choose from , such weather it will pay for home health care , respite care , custodial care , training for a relative to provide home health care . You need to decide on what you want to do if something happens to you how do you want you care .


Input: Where To Get Long Term Care Insurance?

Output: Long term careinsurance can be purchased in three ways : company direct , a career agent or a brokerage agent . Company direct promotes its own proprietary product , which may or may not be suitable for you . Career agents generally work for a main company with some access to other product lines . Brokerage agents generally have several insurance outlets and can present dozens of companies .


Input: Can Life Insurance Companies Access Medical Records?

Output: Yes , life insurance companies access medical records with your permission . Depending on the size of the policy and company requirements , medical records may or may not be required for your policy . When you apply for life insurance , there is a HIPAA -LRB- Health Insurance Portability and Accountability Act -RRB- , which provides permission for the insurance company to obtain and view your medical records . The medical records , along with a prescription check , MVR records , and exam are used to determine your eligibility for life insurance .


Input: Can Life Insurance Companies Access Medical Records?

Output: Can life insurance companies access your medical records ? Yes , as when you apply for life insurance you grant them permission to do so . It is part of the application process and the applicant will also fill out a seperate form that gives HIPAA premission to get copies of your doctors notes .


Input: Can Life Insurance Companies Access Medical Records?

Output: That is a great question ! The answer is you better believe it ! The insurance industry is all about risk . A person 's health history makes a big difference in the risk that the insurer accepts . Because they typically are n't going to blindly accept that risk , in the application will be clauses granting them your permission to look at your medical records , and your prescription history . In some cases , they may also look at your credit history or criminal records . There will be places for you to sign that grant those permissions , so if that is a concern for you , do n't sign anything that you do n't understand or agree with , okay ? Thanks for asking !


Input: Can Life Insurance Companies Access Medical Records?

Output: Life insurance rates are designed for standard risks . Most policies provide that the company can investigate your health to determine if you are a standard risk . There are tables of alternate rates that measure a risk that isnt standard . In the application process you signed a form giving permission to the company to access records and contact medical facilities that treat or have treated you .


Input: Is Disability Insurance Tax Deductible On Schedule C?

Output: This is really a great question . For individual disability plans the answer is simple : You can only deduct premium for a policy on yourself if you are the owner of a `` C - Corporation . '' So , if you are a w-2 employee of a company , maybe evenan S-corp owner , youmay notdeduct the premium . This might sound like a disadvantage , but let 's really analyze the concept . If you were able to deduct the premium , that would mean thatyour monthlybenefit would be subject to being taxedin the event that you collected on your policy . So conversely , if you are n't writing off the premium , the benefit amount is tax free ! It is a rule of thumb in the DI industry that carriers will insure up to 60 % of your income . A tax free benefit allows you to maintain a semblance of your lifestyle .


Input: What Does Donut Hole Mean In Medicare?

Output: Original Medicare does not have a donut hole , but Part D -LRB- the prescription drug plan -RRB- does have a donut hole . Simply stated , most Part D drug plans have `` front end '' coverage where benefits are provided for formulary drugs and you have a copay . Once you have exhausted your initial coverage there is a donut hole or corridor deductible where you have only a discount on formulary drugs . Once you get through the donut hole copay 's kick in again .


Input: What Qualifies As Self Employed Health Insurance?

Output: Most people who are self employed need to pick up an individual policy . This would be considered a self employed health insurance policy . There is no set difference or requirements between a person who is employed and has to pick up his own insurance or a self employed person . There could be a difference as far as tax being deductible since a self employed person will usually file a Schedule C . An HSA qualified plan is a great way to purchase health insurance if you are self employed due to the tax advantages . Ask your tax adviser .


Input: What Is The Best Medicare Prescription Drug Plans?

Output: The best Medicare Part D plan for you is the plan that results in the lowest amount of expense to you based on the prescriptions you take . If you do n't currently take any prescription drugs , then it is the plan with the lowest premium . To determine which plan you should have , go to CMS.gov and enter your prescriptions . It will display all of the Part D plans available in your state and the estimated annual cost to you based on your prescriptions . Justchoosethe least costly plan .


Input: How Long Should I Buy Term Life Insurance For?

Output: The question assumes that your financial liabilities , future obligations , and any philanthropy have a limited time certain horizon . If youre under age 50 you can secure up to 30 year , a period that coincides with a 30 year mortgage as an example . If you over age 50 the length of term coverage becomes shorter .


Input: How Long Should I Buy Term Life Insurance For?

Output: The length of time for which you should buy Term Life Insurance should be proportionate to the amount of time your need exists . If you have a new baby and want to provide for your child if something should happen to you , I would recommend 25 or 30 year Term , to get them through college , and also to cover other children you may have . If you have just gotten a 30 year mortgage , 30 year Term is good for that . If you do not have a specific need in mind and are getting Term insurance for the price , it is usually a good idea to lock it in for as long as you can afford . If your health would change even a little bit , it can be much more expensive to buy a new Term policy in the future .


Input: Is Interest Earned On Life Insurance Taxable?

Output: There are different types of interest associated with a life insurance policy and they are treated differently for tax purposes . `` Interest '' earned inside a cash value policy such as a Universal Life policy is not taxed while it is inside the plan . There are limits to the cash value to death benefit ratio to keep it tax exempt from accrual taxation . `` Interest '' earned on dividends held on deposits with a participating policy such as a Whole Life policy is taxed as interest income as earned . `` Interest '' earned on a death benefit before it is disbursed is taxable as interest income . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Is Interest Earned On Life Insurance Taxable?

Output: Life insurance plans are one of the most protected pieces of property a person can own . One of the protections is that gains via interest and dividends , -LRB- if in a participating , usually mutual company , plan -RRB- , are NOT taxable as long as they are in the policy . You may also have use of the cash value including the gains without being taxed as long as it is accessed via policy loans . It 's a beautiful thing !


Input: How Much Will Medicare Plan B Cost?

Output: Medicare plan B is a Medicare supplement plan . Medicare Part B is original Medicare . I know . It can be very confusing . Assuming you mean Medicare Part B , the 2013 premium is $ 105 for most people . Higher income people will pay more . Medicare supplement plan B varies considerably by age , gender , zip code and especially by carrier .


Input: What Is Medical Loss Ratio In Health Insurance?

Output: The medical loss ration is a figure that measures how efficently health insurance premiums are being used to actually pay for plan members coverage . basically healthcare reform has dictated that heath insurers medical loss ration can not be under 80 % :20 % , this means that the premiums paid by policy holders must be used by the insurance company so that at least 80 % of those premiums go toward paying for members medical costs and no more then 20 % goes toward the companies profit/overhead costs . If a health insurer has a smaller medical loss ration < 80 % then it must issue rebates to their policy holders in the form of the difference divided by the total number of policy holders .


Input: Is Bariatric Surgery Covered By Medicare?

Output: Yes , bariatric surgery can be covered by Medicare under some conditions . Some of the conditions are that the patient 's BMI -LRB- Body Mass Index -RRB- must over 35 , they have obtained a psychological evaluation and ascertained in several ways that weight loss surgery is the best option , and have a health condition connected to being overweight that will be helped by having bariatric surgery .


Input: How To Find Health Insurance?

Output: Talk with an experienced health insurance broker . There 's a lot of moving parts to health insurance plans and it is extremely helpful to get the assistance of someone knowledgeable in the subject matter who can guide you through the process -LRB- plan information , quotes , applying , future assistance , etc. -RRB- . The `` right plan '' will be different for everyone which is why a broker can really help smooth out the process for you . Each person has their own premium affordability , live in different areas , plan network preferences -LRB- e.g. HMO vs. PPO vs. POS , etc. -RRB- , and risk tolerance , just to name a few factors that go into making a proper decision . Please feel free to contact me for assistance . Thanks very much .


Input: How To Find Health Insurance?

Output: How to find health insurance ? Well if you 're in Washington state I hope it would be by contacting my office . Basically the best way to find health insurance is to work with an agent . Working with an agent does n't effect your cost and usually will help with your headaches in finding coverage .


Input: How To Take Inventory For Renters Insurance?

Output: There are several ways to achieve this . You could keep a notebook with a list of all your personal items . You could keep the list electronicly in a format such as Word or Excel . There are also several home inventory softwares available out there for free or paid . The more detail you keep about the items that you own the quicker and truer the claims process will be . If you are in Wisconsin , I have a link on my business Facebook page to an inventory software that is free that was posted on insurance commissioners website for the state of Wisconsin . Feel free to like my page and check out the software .


Input: Does Car Insurance Increase With 3 Points?

Output: In California every driver is assumed to be a good driver until they accumulate two points within a three year period of time . Most insurance company charge for every point but when you combine the points with the loss of the good driver discount , the impact is severe . With three points you will pay much more than standard rates .


Input: Will Health Insurance Pay For Laser Hair Removal?

Output: Laser hair removal is typically not covered under your health insurance although you can check with yourbrokerfor specifics that may help offer an alternative . Usually , claims that are cosmetic-related are often denied since they are not covered under most policies . Perhaps a professional can remove the unwanted hair to your satisfaction .


Input: Does Aetna Health Insurance Cover Acupuncture?

Output: Generally AETNA health insurance plans cover acupuncture but only under specific circumstances -LRB- generally in lieu of using general anesthesia for a specific medical or dental procedure covered under the health insurance policy -RRB- and for relatively short list of medical situations such as lower back pain , migraines and a few other conditions . The list of conditions for which AETNA -LRB- or virtually any major medical insurance provider -RRB- will not cover acupuncture is far longer than the list of conditions that qualify . Before using acupuncture you should have your medical provider check with AETNA 's preauthorization department to determine if your specific condition will qualify for coverage and , if so , from what specific providers .


Input: What Kind Of Health Insurance Does The President Have?

Output: The President , like most members of Congress , have a very rich comprehensive plan that has a low out of pocket cost for most office visits , prescriptions and major medical claims . In 2014 , supposedly , they will `` enjoy '' benefits similar to what most other Americans have . However , recently , there is a push to exempt particular persons from these newcoverages .


Input: When Should I Cancel My Disability Insurance?

Output: If you are lucky enough to have enough cash reserves to cover you for the rest of your life in the case that you can no longer work ever again , then maybe , just maybe should you consider canceling your DI policy . But for most people , you would never want to cancel since itis written for a specific amount of time for a reason .


Input: When Should I Cancel My Disability Insurance?

Output: In general terms long term disability insurance ends at age 65 . Disability insurance should not be canceled , especially if youre still working . Although it is conceivable that you have saved enough money to pay your living expenses and future obligations and in that case you could consider canceling your disability insurance . But most defensive planning advisers recommend keeping it , especially as you become older and your health possibly being at risk .


Input: When Should I Cancel My Disability Insurance?

Output: Unfortunately , most people cancel their disability insurance when they can no longer afford it but still need it . The only time a person should cancel disability insurance is when they no longer need it . Meaning , they do not have to work for an income to survive . So , when you are debt free and independently wealthy , retired or have a stream of passive income whether you work or not , that is the perfect time to cancel disability insurance , not before hand as the risk will still exist .


Input: Does Ing Sell Annuities?

Output: Yes , ING does sell annuities . They have a complete portfolio of annuities including : Fixed Annuities - a type of annuity that will pay you a fixed rate of return . Indexed Annuities - an annuity that credits interest based on the performance of an index . Immediate Annuities - this annuity is for someone with a lump sum of money who is interested in immediately turning that amount of money into a guaranteed income stream . Annuities are an important retirement planning vehicle with tax deferral , death benefit , and optional living benefits .


Input: What Is The Needs Approach In Life Insurance?

Output: The needs approach method is based on life events most people experience and protecting those events from financial loss using life insurance . Independent life brokerage sources generally maintain life event lists for annual reviews , which I highly recommend . Here is a sample of some of the main events which can be indemnified through life insurance : The need to cover your mortgage and other outstanding debts . The need to pay for the education of your children . The need to coverage your retirement funding . The need to cover final medical bills and funeral arrangements . We can help with that . The needs approach method may also address tax advantaged retirement income or estate taxation mitigation or creating an estate for your children and grandchildren . We can help with that too .


Input: How To Buy Life Insurance Online?

Output: To buy life insurance online , you want to be certain that you are working with a reputable agency . Look at their `` About Us '' information to see if they have concrete contact information , some staff listed , testimonials , Better Business Rating , etc. . If you start with a good agency , the rest will take care of itself . You can review quotes by playing around with online quote engines . Some will allow you to see the quote instantly and input different face amounts and variables . But keep in mind that no quoter can cover all the details , so you will need to call the agency -LRB- or at least email back and forth a few times -RRB- to get an accurate quote . Starting out with the right quote and company will save you lots of time and frustration . When it is time to apply , some applications are done totally online . Some are done partially online and partially by phone with the carrier . Some are paper applications that you can fax or mail back . Your agent will guide you to the one that works best for you and helps you reach the outcome of your best price . Once the underwriting process is over , you will receive word of your approval . In our agency , we allow you to make changes to the policy at that time , if you like , so that you end up with the exact policy and price that you want . Each online life insurance site is different , but you will end up with a policy that is just like you would have gotten from a brick and mortar shop .


Input: Should Doctors Get Disability Insurance?

Output: Yes , doctors should get disability insurance . For a doctor to be unable to work due to an extended illness or injury can be a tremendous jolt to his/her family . There may be student or business loans to pay , perhaps a hefty house payment , and many doctors ' spouses contribute their time to nonpaying endeavors , so that this loss of income is hard hitting . Disability insurance can get the family through these difficult times . There are disability policies especially for physicians . Please feel free to contact me at any time to determine your best price .


Input: Can Annuities Be Held In A Trust?

Output: Yes , annuities can be held in a trust and there are a number of reasons for why one might place an annuity into a trust . There are also a lot of reasons why one would be foolish to place an annuity into a trust so certain care should be made when it comes to approaching the use of trusts with annuities .


Input: Does Homeowners Insurance Cover Fights?

Output: Fights are typically a criminal issue not an insurance issue . Based on my personal experience and education up to this point , I would have to say that fights would not be covered by your homeowners insurance . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: How Much Is Homeowners Insurance Per Year?

Output: The annual premium for a homeowners insurance policy is an individual computation because the policy itself is tailored to the specific requirements of the named insured and the property being covered . Even though premiums and coverages may be similar in a neighborhood with similar homes , there will usually be peculiarities that will make most of them somewhat different . Every home has a fire rating . That fire rating is based upon proximity to a manned fire station and adequate water . Those ratings are published and used by most insurance companies . The fire rating is often a mystery to homeowners because they rely upon the fire station down the road one mile , however , their home is not in the district covered by that fire station . There are complicated agreements between fire districts that allow them to cross boundaries and assist in fires but each has a primary area of coverage that always receives priority . Homeowners often rely upon standing bodies of water and consider them adequate for firefighting . Again , that is a matter of evaluation and does enter into the fire rating . However , a swimming pool will not necessarily improve the fire rating of a home . Insurance companies mine the mountains of information available on losses and can identify the loss differences based upon territories . These territories are usually bounded by zip codes . They become a part of the rating process that determines the premium charged for coverage . The major determinant in the development of the premium for a homeowners policy is the cost of rebuilding the residence . Because a homeowners policy is based upon a formula , this amount drives the amount of coverages extended to personal property and non-attached structures on the property . This figure is determined , generally , by an outside evaluation system . Frequently the cost of rebuilding the residence doesnt match the price paid for the house or the estimated value of the house . While this is a source of consternation it is the cost of rebuilding the residence that guides the limits of the policy . There are certain risks that are excluded or limited . Coverage for some of these can be purchased in the homeowners policy . There might be a limit on the coverage for guns , jewelry , furs , currency and art . Some of this coverage can be purchased . There are exclusions for flood and earthquake and limited earthquake coverage is usually available for purchase . Flood insurance is almost always a separate policy . An often overlooked coverage is sewer backup . This is excluded in most policies but coverage can be purchased . Another is law and ordinance . The additional cost of repairing a house caused by changes in laws and ordinances is not covered in a normal policy but that coverage can be purchased . Liability insurance is the second part of a homeowners policy and could be the most important . The coverage extends to claims of personal injury and property damage and covers a wide range of scenarios . The homeowner can select the limit of coverage and this affects the premium . This is a place where a homeowner can be penny-wise and pound foolish . You can not have too much liability insurance . The computation for a homeowners premium is complicated . Some of the pricing is your individual choices and preference . Consult with a licensed agent for advice as choosing incorrect limits can lead to extreme displeasure at the time of a claim .


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

Output: There 's many factors that go into the costs for term life insurance to say what an average plan costs - it will be different for every person due to a number of factors including their age , amount of coverage they want , how long they want the coverage for , their risk classifcation , and whether they 're applying with full underwriting or non-medical term coverage . 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- . Non-medical term life insurance policies will almost always cost much more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . Please feel free to contact me for help or if you have any other questions . Thanks very much .


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

Output: Term Life Insurance is generally much less expensive than other forms of life insurance . However , in order to run quotes from all the major carriers , I would need your age , smoking status and the state you live in . To get even a more accurate idea of what the premium would be after underwriting we would want to discuss your health history . Working with an independent agent will save you a lot of time and help you figure out which insurance carrier might be the best fit for your health history .


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

Output: The cost of Term Life Insurance varies greatly , from a few dollars per month , to thousands of dollars per month . Some of the variable that affect the price are : 1 -RRB- Age 2 -RRB- Gender 3 -RRB- Tobacco use 4 -RRB- Build 5 -RRB- Health 6 -RRB- Other risk factors 7 -RRB- Face amount of policy 8 -RRB- Term length -LRB- generally speaking , the longer you lock in the premium , the higher the premium will be -RRB- 9 -RRB- Whether you use a policy that requires an exam , or do not require an exam . For people with excellent health , taking an exam can usually bring down the price . 10 -RRB- The company you use . Some companies are better for certain ages , term lengths , risk factors , etc , than other . That is why shopping with a broker who carries many choices can help you get the lowest price on your term life insurance .


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

Output: It is impossible to give you a specific answer to your question without knowing more information . Here are a couple of examples : For a male non-smoker age age 25 , $ 500,000 would be $ 25.65 a month for a 10 Year renewable term and with the same company a 45 year old male non-smoker would pay $ 47.25 a month . Thee are online quoting services you can use to give you a point of reference . An independent broker who deal with several companies 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: Can I Cash Out My Universal Life Insurance?

Output: That is a great question ! Yes , you absolutely can . Before you do though , be certain that that is what you want to do . Ending any life insurance policy without one to replace it is risky , be sure that you have another policy to replace this one . You also may want to check with your advisor or tax attorney , if you 've got a significant cash value in the policy , there may be tax implications that you will need to be aware of first , so that you do n't get surprised at tax time . I hope that helps , thanks for asking !


Input: Can I Cash Out My Universal Life Insurance?

Output: Yes , however , there are several things you should think about before deciding whether to surrender any life insurance policy . One of the things that most people do n't think about is their insurability , especially when they have an existing plan . They may have preferred rates at the time they got it , but now have a medical history and may be looking at standard or substandard rates on a new plan if they decided to get coverage again later on . If you 're looking at securing new coverage / replacing the old policy , you should compare the two structures and make sure it 's the most favorable course of action for you - the cash value from the old policy can be used towards a new permanent program to lower the overall premium via what 's called a 1035 exchange . After all things considered and you still want to cash out the policy , you can call the carrier/contact your agent and tell them you want to terminate the coverage -LRB- the amount you receive would be less any surrender charges or loan fees , if applicable -RRB- and they 'll send you the necessary paperwork . I hope the information is helpful - please feel free to contact me if I can be of further assistance . Thanks very much .


Input: What Is Life And TPD Insurance?

Output: Life and TPD Insurance stands for Life and Total and Permanent Disability Insurance . It is a Life insurance policy that has an add on that would pay a lump sum if the insured person were to become totally and permanently disabled . If this was paid out , the death benefit is usually reduced by the TPD amount paid out .


Input: I am scheduled for cataract surgery. Can I get insurance against loss of vision?

Output: Insurance is based upon the law of large numbers . Your concern is legitimate ; however , it is probably not shared by a large number of people . In the face of a scheduled procedure you will find few companies who are willing to insure you against loss of vision . That is not to say that you can not get insurance . It might be available be through Lloyds of London . Individual underwriters will assume all or part of the risk and will then tell you the price . Brokers with access to Lloyds syndicates advertise .


Input: I am scheduled for cataract surgery. Can I get insurance against loss of vision?

Output: That is a great question ! While it is possible to get almost anything insured these days , once you 've set the wheels in motion for surgery , it becomes really difficult to get the outcome of that surgery insured . Virtually every policy I 've ever seen will ask if you have a planned procedure or surgery scheduled , and if so , will decline you . Their assumption is that if it is so bad that you are finally willing to go under the knife to get it treated , you are a bad risk , and therefore not worth it . Not the most personable attitude , but given their line of work , understandable . That said , I 've had several family members who 've had cataract surgeries done , and each came out with flying colors , and improved vision . I 'm sure that you will too . Good luck , and thanks for asking !


Input: What Does Medicare Part A And B Cover?

Output: Medicare Part A is called Hospital Insurance . With some exceptions , it covers inpatient services at hospitals , skilled nursing facilities and rehab facilities , as well as home health and hospice services . Medicare Part B is called Medical Insurance . Again , with some exceptions , it covers doctor 's services , durable medical equipment , hospital outpatient services , labs , mental health care , some preventative care , and some home health and ambulance services . All the services must be medically necessary and must be approved by Medicare to be covered .


Input: Is Theft Covered Under Renters Insurance?

Output: Theft is a covered peril under a Renters policy . The coverage is limited by the limit for personal property in the policy and restrictions on various high valued items . Some high valued items can be scheduled in which case there is coverage . The property located on premises is covered to the policy limits , if the property is away from the premises it is only covered to about ten per cent of the stated amount .


Input: How To Schedule A Life And Health Insurance Exam?

Output: When your life insurance or health insurance application is taken , your agent may ask you then for a time and date that you would like to take your exam , and order it for you . Or you may be asked for the time and date you want to set up your exam while doing a telephone interview with a representative for the life insurance company . In these situations , the company that does your exam -LRB- commonly called `` paramed '' companies -RRB- will later call you to confirm your appointment and provide you with a phone number you can call to make any changes . If your agent or case manager orders the life or health insurance exam for you without talking to you first , the paramed examiner will call you directly to set it up . If you do not hear from them within a few days after submitting your application , contact your agent .


Input: How To Schedule A Life And Health Insurance Exam?

Output: How to schedule a life insurance exam ? This is a pretty common question I run across . People think they have to schedule an appointment with their doctor for a life exam . Actually , when you apply for life insurance a 3rd party examination company will contact you to schedule an appointment at home or work to meet and do your medical history questions and blood/urine draws and a few other things depending on age and face amount .


Input: What Does Homeowners Insurance Cover In Nevada?

Output: Thereare a fewdifferent types of homeowners insurance policys out there and eachinsurance company in Nevadaoffer different coverages and limits in these policys . The most common homeowners policy used is called a HO4 policy which pretty much all major insurance companies are using . This type of policy means that any peril will be covered unless it is excluded on the policy . These exclusions are pretty standard in Nevadawhich someexamples would be earthquake , war , riot and nuclear warfare . This policy provides coverage for spearate structures , personal property , building codes , Loss of Use , medical and personal liability . The limits for these coverages are a percentage based off the amount that is determined to rebuild the home . If you would like to know more about what a homeowners policy covers please contact me and I will be happy to explain any of these in more detail .


Input: Can I Use Short Term Disability Insurance For Maternity Leave?

Output: You can use Group Short Term Disability Insurance for maternity leave . This is only available though employers who offer it . Some states mandate that employers offer Group Short Term Disability , but most do not mandate it . Unfortunately , private Short Term Disability can only be used for complications of pregnancy . Long Term Disability does pick up when complications cause loss of work beyond the policy 's elimination period .


Input: Can I Use Short Term Disability Insurance For Maternity Leave?

Output: Many short term disability policies can be used for maternity leave , but not all . First , the policy has to start prior to conception . Most policies exclude coverage for normal childbirth that occurs within the first nine months of the policy effective date . Second , the policy has to cover recovery from childbirth . Many policies sold directly to individuals exclude this coverage . Policies sold through employer groups , and those paid by employers typically do cover childbirth .


Input: Can I add my Fiance to my auto insurance in pennsylvania if he is not listed on the finance contract?

Output: Your finance agreement and your insurance are two separate issues . The insurance is merely providing your lender a security interest in any claim payment made for damage to the collateral - your financed car . As for the insurance , you might be asking whether you can add your fiance to the insurance policy for coverage . Most companies will add regular operators of your vehicle to the drivers list and provide insurance coverage when they/he operates your car . You 'll have to check with your insurance company to see whether they will add your fiance as an additional first named insured on your policy but I suggest that until you have married , it is best that you keep the policy in your name , add him as a named driver , and keep your interests simple for now . There are complex issues about insurable interest that may be best left off this answer . And as always , check with your local agent or your insurance company for the best answer on how they think you should proceed .


Input: Why Are Health Insurance Rates Rising?

Output: Health insurance rates are rising and will be continuing to rise for several reasons ; 1 -RRB- Healthcare costs are rising -LRB- physician services , prescription drugs , inpatient services -RRB- 2 -RRB- An aging population - the Baby Boom generation , the largest demographic segment of our population , have now aged to the point where they are in the prime years of life -LRB- age 40 + -RRB- that health problems begin to become common . 3 -RRB- Increased consumption of health care services in general - across the board , the American population in general is consuming more and a broader array of health care services than past generations . 4 -RRB- New treatments - from expensive new prescription drugs to new forms of technology like robotic surgery we have a wide range of advances in medical science that allow for the treatment of conditions that in the past there were little or no options available . Few of these new advances are cheap . 5 -RRB- New Conditions - from Autisim , to Celiac Sprue Disease to a variety of other conditions , we can diagnose and treat a range of conditions that were n't even recognized as existing in previous decades . 6 -RRB- Cost Shifting to Cover the Cost of Treating the Uninsured - the cost of providing care for the uninsured who can not pay their own medical bills is shifted over to higher costs for people who are insured . 7 -RRB- Cost Shifting to Cover Government Underpayment for Medicaid and Medicare - since the inception of these government programs in the 1960 's they have never paid the market rate for health care services and in many situations they pay less than the cost of the services these populations consume . This cost difference has also been shifted over to the insured population . 8 -RRB- Government Intervention in the Health Insurance System - with the passage of the Affordable Care Act and the many changes it imposes on health insurance benefits and the financing of health insurance such as doing away with pre-existing condition limitations & exclusions , making policies guaranteed to be issued regardless of health condition , mandating a broad new range of services be covered by all health insurance policies -LRB- for example all policies must cover maternity and pediatric dental and vision services even if you are a 50 year old single male -RRB- , providing subsidies for the purchase of heath insurance up to 400 % of the Federal Poverty Level and expanding Medicaid eligibility in many states are all factors that will contribute to increased demand for a finite resource . Regardless of one 's political or philosophical views of these changes , basic economics teaches us that higher demand for something for which there is a limited supply leads to higher prices . There are more factors that contribute to the ever increasing cost of health insurance but these are among the main driving forces behind the steady increase in health insurance rates people have been experiencing .


Input: Is A Shingles Vaccine Covered By Medicare?

Output: Medicare Part B does not cover the shingles vaccine but if can be covered under a Medicare Part D Prescription Drug Plan . The amount you pay for the shingles vaccine will depend on the copay of your Part D Prescription Drug Plan .


Input: How Good Is Life Insurance?

Output: That 's a great question ! The answer can be measured in peace of mind - how priceless is that ? A life insurance policy ensures that your family wo n't have to `` pass the hat '' at your funeral , and have the inevitable hurts and fights that come with that . You know that you can provide money for your spouse , so that they do not have to struggle to replace your lost income . You know that you can give a tax free gift to someone that you love , and leave behind . That is how good life insurance is . If you need help finding the policy that is right for you , please do not hesitate to contact me . Thank you for asking !


Input: How Good Is Life Insurance?

Output: It is appointed unto man , once to die . Life insurance covers inevitability , not a probability . People who buy life insurance love someone , or are required to do so by a business arrangement . Unlike other investments , it reaches its maximum benefit on the day of death . Some life insurance policies accumulate money on a tax deferred basis which might be important .


Input: How Good Is Life Insurance?

Output: Life insurance is great . It provides a lot of financial protection by creating a ton of cash when the insured of the policy dies . The purpose of insurance as we 've come to know it today is to shift the risk of a catastrophic financial event to a third party -LRB- the insurance company -RRB- by paying a premium to the carrier in exchange for coverage . Many people purchase it so their family wont be monetarily destitute when they die and wont be stuck with paying major bills . It 's used in a number of different ways as well from estate planning and wanting to leave a legacy to your loved ones , just to name a few . A great question to ask yourself is `` if I died tomorrow , would my family be financially sound without my income ? '' - For the vast majority of people , the answer would be NO . Not only is determining whether you need life insurance important , but how much coverage do you need and for how long . I always recommend consulting with an experienced broker to help you figure out what coverage is appropriate for you . Please let me know if I can be of further assistance . Thanks very much .


Input: How Good Is Life Insurance?

Output: Life insurance is the one insurance with a guaranteed claim . People carry health and may never get sick , auto and never have a wreck , home owners and never have a fire . But life insurance we are all guaranteed to die someday . It is the only insurance product that costs pennies on the dollar . What other insurance product could a healthy person under 30 years oldbuy $ 1,000,000 of coverage for less than $ 1 per day ? It is the best value for the young .


Input: How Much Is Accidental Life Insurance?

Output: Generally speaking , Accidental Life Insurance is pennies on the dollar compared to `` normal '' life insurance . The reason in part is because most people will die of natural causes versus from an accident . Sure , you always here of those stories where someone slipped , fell , car accident , etc. but in all those are rare deaths . Now , if for medical reasons or background concerns , you can get Accidental in most cases which depending on your situation may be better than nothing at all and until your situation improves to allow you get your traditional life insurance .


Input: How Much Is Accidental Life Insurance?

Output: Accidental death insurance costs less than life insurance because death by accident occurs far less frequently than death due to natural causes . Even accidents that are caused by health conditions are not covered by accidental death insurance . Also , you can not get accidental death insurance at older ages . To find the price of accidental death insurance , you can contact an agency that sells life insurance . Most offer a stand alone accidental death policy , or can add an AD&D rider to your life insurance policy .


Input: How Much Is Accidental Life Insurance?

Output: Accidental death is available for about $ 5 a month for $ 10,000 of coverage at any age when a part of an auto policy . That said it is important to understand that if you can not get life insurance this is an alternative . If it is all that you can afford , it is an alternative . I agree that it doesnt result in many claims but it does result in some . There are accidental death policies available , call your agent .


Input: How Much Is Accidental Life Insurance?

Output: That is a great question ! Accidental Death insurance is very inexpensive , because like term life policies , they very rarely have to pay out . The best reason to have an accident policy is if you work in a situation where accidents and injuries are common . As an inexpensive addition to your life insurance , if you were to be killed in an accident , your payout would be much larger than what just life insurance would pay . That said , I would n't recommend it in any way as a replacement for a life policy , and I 'd ask you to look very carefully at what the company defines as an `` accident '' . Thanks for asking !


Input: How Much Does Medicare Pay For ER Visits?

Output: In addition to what Ed posted , if you have original Medicare and a Medigap plan your out of pocket costs will be nominal . Medicare Advantage plans have a lot of moving parts with copay 's , deductibles , coinsurance and a LOT of out of pocket costs . But with original Medicare and Medicare supplement plan N your exposure for an ER visit is a $ 50 copay .


Input: How Much Does Medicare Pay For ER Visits?

Output: Medicare will pay their approved amount for your emergency room visit . It is covered under Part B of your basic plan . Of course , Part B covers many other expenses as well . If their is a copay -LRB- often there is -RRB- , the patient is responsible for that amount . The copayment may be waived under specific circumstances . The treatment , however must be considered medically necessary . There also may be other expenses involved such as x-rays and lab test fees . An experienced broker can discuss additional specific details with you and discuss Supplement options , if applicable .


Input: Is It Bad To Not Have Health Insurance?

Output: Yes , unless you are independently wealthy and do not care about the amount of money that you spend out of pocket should you become sick or injured . Health insurance will at least provide you with a partial cap on the amount of money that you spend out of pocket . Normally this amount is called the deductible and co-pay ; many of the cost beyond this will be paid by the policy up to the policy limits . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: How Much Is Insurance On A Vacation Home?

Output: Your premium rate for a vacation home can vary from carrier to carrier . I would suggest contacting your local agent to have them put together pricing for coverage for the second home . In many cases your carrier will more than likely provide you a discount on the premium for the second home .


Input: Is A Variable Annuity Protected From Creditors?

Output: Only minimal protection exists for annuity contracts under federal bankruptcy laws . Beyond that , the answer will vary by State . Usually annuities have some heightened protection level due to being considered essential for the debtor 's family to maintain a minimum level of well-being and avoid becoming a burden to the State . If an annuity is an IRA , Roth IRA or similar retirement vehicle , it can receive even more protection . Here 's a list of states that offer 100 % exemption of cash values from variable annuities for creditor claims : Arizona , Florida , Hawaii , Maryland , Michigan , New Mexico , Oklahoma and Texas . Kansas offers 100 % exemption after holding the product for one year and Louisiana after nine months . As always , consult a legal representative to see your specific rights in your state .


Input: Is A Variable Annuity Protected From Creditors?

Output: This is an a annoying answer ... It depends . It depends which state you live in . It depends if it is qualified or non-qualified . It depends if you are the annuitant . It depends if you own it or someone else . Or something else ... Like an LLC or business . It all depends on a lot of factors .


Input: When Can I Sign Up For Medigap?

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


Input: When Can I Sign Up For Medigap?

Output: It 's a good idea to start looking at plans 6 months before you activate your Medicare Part B and for most people when you turn 65 . The policy can be effective the 1st day of the month of your 65th birthday or when you activate the Medicare Part B . You will be able to save yourself a lot of time and effort by working with an independent agent that specializes in Medigap Plans -LRB- Medicare Supplement Plans -RRB- . They will be able to show you everything available and help match a plan to your specific needs . You can visit our website or give me a call if you have other questions .


Input: How Does Us Health Insurance Work?

Output: US health insurance is provided by large reputable companies that must be licensed in the states where they conduct business . Aetna , Wellpoint and UnitedHealthcare are three of the largest carriers . Experiencedbrokers are often the best source topurchasethe policies from , since they offer unbiased advice and can provide free quotes to multiple companies . When you approach a company directly , you will not be able to properly compare other plans -LRB- without bias and knowledge -RRB- through the company 's representative .


Input: How To Determine Cash Value Of Life Insurance Policy?

Output: The policy owner can determine the current cash value of their life insurance policy by contacting the servicing agent or the life insurer directly . The annual statement you receive from the insurance company will have the contact information for both listed . It will also have the cash value as of the policy anniversary date . That value may not adequately reflect the current cash value but it may give you an idea . You can also request a current inforce projection and full statement of policy costs and values when asking for the cash value .


Input: How To Determine Cash Value Of Life Insurance Policy?

Output: Policy owners receive an annual statement that displays the account and surrender cash value of their policies . But in the event that the cash value amount needs to be known in-between annual statements , the policy owner can order an in force ledger that will display the account and surrender cash values as well as any policy loans . You could also contact the writing agent , who should be able to obtain the information as well . But if you have your agent gathering the information , ask for an official document from the issuing life insurance companies .


Input: Does Whole Life Insurance Ever Make Sense?

Output: There are a lot of answers here which are all correct so I will take a little different approach . Asking the question When does Whole Life make sense is really talking about your situation . If you are looking to protect your family while the children are at home , then Whole Life may not be the best solution or if you have a loan such as your mortgage , Whole Life may not makes sense . However , if you are looking for Lifetime Coverage with not only a death benefit guarantee , because I can give you a death benefit guarantee for a lot less , but a guaranteed cash value to use as necessary in the future years . Whole Life is also used in some type of plans for businesses which is required to be fully guaranteed as well .


Input: Does Whole Life Insurance Ever Make Sense?

Output: This is a really good question ! I am glad that you asked it , because it tells me that you 've looked at the alternatives . Here 's what I tell my clients : If you have the money set aside to cover your funeral expenses , pay your debts , and leave a comfortable income for your spouse or children that you know you wo n't have to dip into , then it does n't . If you only need to cover a specific , ending debt like a college expense or mortgage , then it does n't . However , if you are looking for a way to provide protection no matter how long you will live , -LRB- You can not outlive this coverage , unlike a term policy -RRB- this is your policy . If there is a chance that you may need to borrow money at some point , and your credit rating or history makes it unlikely that you will be able to secure a loan , this may be your policy . If you have a desire to move money to loved ones , or a charity in a way that is tax free to them , and not counted as income , this may be your policy . This kind of policy also makes sense if purchased when you are young , as the premiums are locked in at a low rate , and you are guaranteed coverage at that rateregardless of what health issues you may develop . I hope that helps , feel free to contact me with any questions or concerns that you may have , okay ? Thanks for asking !


Input: Does Whole Life Insurance Ever Make Sense?

Output: This is really simple . If you love those who will survive you and want to make sure your passing doesnt result in financial collapse , then buy life insurance . If that need is not going to go away , buy permanent insurance . If you want the company to guarantee that money will go to those you love , then buy a whole life policy . There are obvious differences in situations and other forms of life insurance may be more appropriate but for those who want their beneficiaries to get a check when the die , whole life is going to do that .


Input: Does Whole Life Insurance Ever Make Sense?

Output: Definitely , despite what some misinformed advisers may tell you . Whole Life first of all was never designed as an investment . While it is true you can accumulate more cash by buying term and investing the difference , my experience has shown that in most cases the average person , no matter how well intentioned , fails to keep up with the investment part . Investments are taxable as well whereas Whole Life is very tax friendly . I have seen many people in their 70 's and 80 's lose their life savings because of the high cost of long term care . Without life insurance they would have had nothing to help pay for the final expenses , leaving their families in a financial bind . For some people the cash value in their life insurance is the only savings they really have . I always recommend at least enough whole life to pay final expenses , allowing for inflation . If purchased at a young age it is not that expensive . After forming your insurance foundation , then you can begin accumulating cash using a combination of term and investments . Whole life insurance provides an excellent safety net for the average individual .


Input: Does Whole Life Insurance Ever Make Sense?

Output: Whole life insurance makes perfect sense as part of a finanical portfolio . It represents a safe , consistent choice that provides stability to a portfolio . It is very important that when reviewing choices at you consider RISK . It is just downright silly to compare a conservative product like life insurance with a hypothethical 12 % return stock that actually does n't exist . Doing so , amplifies a lack of understanding of RISK and RETURN on financial products . Certainty comes with lower returns , uncertainty offers possible higher returns . Should a portion of your portfolio have some certainty to it ?


Input: Does Whole Life Insurance Ever Make Sense?

Output: Whole Life Insurance makes a lot of sense for people that want to have life insurance for theirwhole life -LRB- hence the name -RRB- . One of the benefits of whole life insurance over term life is that the policy never ends as long as the premium is paid . Whole life can also act as a savings account of sorts , building cash value that can be borrowed against in much the same way as a 401 -LRB- k -RRB- retirement account . I recommend reviewing your options with a licensed insurance professional , and seeing what life insurance options make sense for you .


Input: Which Company Offers The Cheapest Car Insurance?

Output: In different areas of the country , you will find multiple carriers that offer the lowest rates . For example , in Ohio , Progressive and Geico may have great rates in Dayton , while in Cincinnati , Allstate offers the lowest prices . To determine the best rates in your area , visit a reputable website that offers free quotes or utilize an experienced broker . You 'll get unbiased advice and possibly save a lot of money !


Input: How Is Anthem Health Insurance?

Output: Anthem Blue Cross Blue Shield is one of the oldest and strongest health insurance companies - Anthem products are available for sale in a number of areas . Owned as part of the Wellpoint group . In Virginia , Anthem is available in all areas west of Route 123/Chain Bridge Road . Anthem has one of the largest provider networks in the state of Virginia and allows access to the Blue Cross/Blue Shield network nationwide , so you dont have to worry about your coverage when you travel . The network includes over 94 million members and has in-network benefits at nearly 90 % of physicians and 80 % of hospitals nationwide . The network re-pricing discounts just for being a member average more than 48 % per claim , saving you money even when you havent met your chosen deductible . Anthem 's new plans under the affordable care act are the HealthKeepers plans -LRB- bronze , silver , and gold plans - Anthem BCBS does not offer catastrophic or platinum level plans -RRB- . These new plans feature more comprehensive benefits than before and include a range of deductible options to suit everyone 's budgets and no charge for preventative care . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Deductible Should I Choose For Renters Insurance?

Output: When it comes to your deductible for any of your insurance coverages you pick a deductible them as high as you could comfortably handle in the event of a loss . Your deductible will be what you are responsible to payout of pocket before the insurance carrier begins to pay for any part of the claim .


Input: How Much Is Car Insurance Usually?

Output: There are two major determinants for the price of car insurance . The year , make and model of the automobile is one matter . The drivers and the extent to which the vehicle is to be used is the second . There is a third determinant in the pricing and that is to what extent you want the company to assist in the event of an accident . Put those together and you have the premium .


Input: How Does Assigned Risk Auto Insurance Work?

Output: Assigned risk in California which is what I amfamiliarwith is a processing center by which people having trouble buying auto insurance are connected with an insurance company that will insure them . Assigned Risk is not an insurance company but are companies that are required by law to participate . The amount of autos an insurance company has on the road would constitute the percentage of their obligation to the plan . There is financial hardship criteria to qualify for Assigned Risk . Also agents who offer Assigned Risk must becertifiedto offer this coverage . You can go online and then beconnectedto an agent to see if you qualify for assigned risk .


Input: Does Smoking Void Life Insurance?

Output: If you buy a life insurance policy as a nonsmoker , legitimately meeting the nonsmoker guidelines for the rating that you get , and then start to smoke later , your policy will not be voided . In fact , you will want to hang onto it for as long as you can because the rates will be a lot lower than the smoker rates you will get on your next policy .


Input: Does Smoking Void Life Insurance?

Output: Does smoking void life insurance ? It can in one way that I know of , if you state that you are a nonsmoker when actually you are a smoker . In my state -LRB- insurance is regulated state by state , your state may be different -RRB- if you misstate your smoking status it `` can '' void the policy , even after two years . The state considers the contract null and void so just a refund of premiums . If you decide to start smoking after you 've purchased life insurance , no penalties apply .


Input: What Does Dave Ramsey Say About Whole Life Insurance Policies?

Output: Dave Ramsey does n't like whole life insurance . In fact , he dislikes it so much that he misrepresents it -LRB- intentionally or not -RRB- when he talks about it on his radio show . Of course , it 's possible that he just does n't understand it , but I suspect that his opinion of the product is based on his previous experience as a life insurance agent with A.L. Williams , the `` buy term and invest the difference '' company . As an A.L. Williams agent , he was taught to represent whole life -LRB- which people owned -RRB- as a bad product which should be replaced with term insurance -LRB- which he sold -RRB- . So his bias against whole life stems from there .


Input: Can People With Pre Existing Conditions Get Health Insurance?

Output: At this moment in time a person can only have their health insurance coverage limited with regards to individual policies . Healthcare reform will require health insurance companies to disregard pre-existing conditions in the individual marketplace . When a individual is obtaining health insurance through their employer the group health plan will generally allow for pre-existing conditions . The gray area resides with businesses that are still offering `` grandfathered '' health plans -LRB- simply request details from your HR rep. -RRB- . There are several other factors that may impact your current health insurance options feel free to email me for further explination .


Input: Does my insurance cover an uninsured motorist driving my car?

Output: When a licensed driver operates the insured car you own you are insuring the damage or injuries they cause in most places in this country . Insurance follows the car in Ohio . The driver has the financial responsibility for the injuries or damage in Ohio too if the car is not insured . The unfortunate answer is that permissive use by non-rated drivers is something insurance companies hate paying for and would love to avoid . It is something to ponder before loaning out your car because if it happens to you you wo n't be happy having the loss tagged to your record . I suggest you check with an agent in your state of domicile for the most accurate answer .


Input: Does my insurance cover an uninsured motorist driving my car?

Output: In California the auto insurance policy covers the car . While the premium is based on the driving records of the members or a particular household , any driver with a valid drivers license can operate the car and the insurance will be in force . Any claim that arises is charged to that specific car which can present difficulties when it is time to renew coverage .


Input: Does my insurance cover an uninsured motorist driving my car?

Output: That may depend upon the insuring company or the state . It is always best to talk with your Insurance Professional about the specific terms and conditions of your auto policy . Here in Connecticut , for the most part standard issue car insurance policies will provide coverage for the named insured and that person 's resident family . It will also extend coverage to anyone designated to use the car by an insured so long as the use of the car is covered .


Input: Is Homeowners Insurance Monthly?

Output: Homeowners Insurance is written as an Annual Policy and is renewed every 12 months ! The insurance policy is generally paid annually ; however , most carriers have a variety of payment options including monthly payments . Please be aware that it is usually and customary for billing fees to be charged for payment plans other than Annual Payment . There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: What Is Company Owned Life Insurance?

Output: Company owner life insurance -LRB- COLI -RRB- is coverage on the employees of the corporation . The death benefit proceeds can be paid to the corporation or the beneficiaries of the policy insured , generally family members . The employer must notify the employee of the intent to issue coverage and gain written consent of employee .


Input: What Is Stop Loss In Health Insurance?

Output: Some people use the term `` stop loss '' to mean `` maximum out-of-pocket exposures '' which is the point in a person 's health insurance policy when they 've met their deductible and any co-insurance cost sharing and the health insurance carrier becomes 100 % responsible for all health care costs after that point . Technically this is an incorrect use of the term . Stop loss traditionally refers to reinsurance arrangements within self-insured group health insurance plans . There are two types of stop loss insurance , specific and aggregate . Specific stop loss insurance protects the group plan from claims exposure above a certain point for any insured person in the group . For example , a $ 50,000 specific stop loss policy means the employer accepts the risk for the first $ 50,000 in claims on an individual and after that point the reinsurance carrier pays the rest of the cost . Aggregate stop loss insurance protects the employer from claims liability for the entire insured group above a certain point . A $ 1 million aggregate stop loss policy means the employer accepts the liability for the first $ 1 million in claims for their entire insured group , if the group 's claims exceed this limit then the aggregate reinsurance carrier pays the rest of the cost .


Input: Does Home Insurance Cover Fire?

Output: Depending on the circustances behind the cause of the fire it would more than likely be covered less your policy deductible . Fire , smoke , and lightning are are typically included as covered perils for all renters and homeonwers policies . Remember every policy is different . Read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: Does Owning A Motorcycle Affect Life Insurance?

Output: No , owning a motorcycle does not affect life insurance . The only time motorcycle riding affects policy rates is if the motorcycle is used in racing or stunts . Then the policy can be rated up with table ratings , have a flat extra added to it , or possibly the application can be denied coverage .


Input: How Much Is Health Insurance Through A Job?

Output: At this point in time within the United States the cost of your health insurance coverage purchased thru an employer can vary greatly depending on the carrier , the coveragesprovided , the number of people enrolled in the plan , and the health histories of the participants . Many employers demand that the carrier they work with allow thier employees more than one option when it comes to the plans offered .


Input: How Much Is Health Insurance Through A Job?

Output: How much is health insurance through a job ? Well it depends on the employer , the cost could be zero for the employee and family up to 50 % for the employee and 100 % for their family . Usually group medical requires with the ACA a minimum of 50 % employer contribution for employee coverage . When comparing costs between employer provided health insurance and individual , remember to adjust for the pre tax reduction that may exist for your portion of premium that you pay compared to what it costs to buy elsewhere .


Input: How Do Annuity Companies Make Money?

Output: The are 3 basic tax deferred annuity crediting methods : interest rate crediting , indice crediting and separate accounts using equity and bond investments . The annuity company makes money in their portfolio spread between what earn and what they credit to a policy as well as mortality costs . They also charge fees that generate income for the company .


Input: How Does A Universal Life Insurance Policy Work?

Output: Universal Life is a form of permanent life insurance -LRB- cash value life insurance -RRB- . It is also known as Flexible Premium Adjustable Life . This is the official name of this type of product . The key words are `` flexible '' and `` adjustable '' . Premiums are flexible because they can be adjusted upward or downward , subject to an initial minimum premium . You can also skip premiums in future years . You also have a choice of level or increasing death benefit which describes the adjustable nature of the product . Universal life builds cash value that can grow based on a stated fixed interest rate , which may vary over time , but which will never be less than a guaranteed minimum interest rate . Policy costs for administrative expenses and cost of insurance are deducted from the cash value monthly . Where whole life is a `` black box '' product , universal life is `` unbundled '' and transparent in how it operates internally . Universal life is best suited to satisfy the longer-term needs of policy-owners who want premium flexibility and cash value accumulations that reflect current fixed interest rate returns , with a guaranteed minimum interest rate . There are variations on the basic structure such as guaranteed UL or the popular index UL but , aside from how secondary guarantees are calculated or interest is credited , the basic mechanics are the same .


Input: How Does A Universal Life Insurance Policy Work?

Output: A very simple way to picture how a Universal Life policy works is with a river with a dam on it . If the dam is open and water -LRB- your insurance premium -RRB- is flowing into the river , the river gets longer . I.e. . The years your Universal Life lasts get longer , maybe even the rest of your life . At the same time , there is very little water in the lake , or cash value in the policy . If the dam is closed , the lake gets higher , or the cash value in your policy grows . However , the river will dry up . If you want your Universal Life to build up cash value AND have longevity , you need to add more water -LRB- premium -RRB- to it . The beauty of a dam is that it can be adjusted to harness the power of water . The same is true of Universal Life insurance . It is very adjustable and can help accomplish your financial goals .


Input: How Does A Universal Life Insurance Policy Work?

Output: There are several moving parts to a universal life contract , additional parts if its a variable universal life insurance policy . Lets your universal life insurance policy is using an interest rate crediting method . You pay your premium annually . The front end premium load , administration cost , policy fee and mortality are deducted from your premium . Whatever is premium is left receives the interest earnings credited to the policy cash values .


Input: How Does A Universal Life Insurance Policy Work?

Output: A Universal Life -LRB- UL -RRB- policy is one in which part of your premium goes to pay for the actual cost of the insurance -LRB- the death benefit -RRB- . Since you can pay excess premium , the excess goes toward the cash value portion of the policy . The cash value can continue to grow with your contributions as well as with interest that is earned . UL policies are very flexible in that you can borrow from the cash value , you can adjust the amount you 're paying each month , you can even stop paying premiums because they could actually be paid with the cash value in the policy . You could even -LRB- for example -RRB- build a policy that grows cash value , then literally plan a future withdrawal - maybe for college tuition .


Input: How Does A Universal Life Insurance Policy Work?

Output: There are several variations of `` universal life '' on the market today , but the basic principle exists in most all of them . Universal Life has several names that Jerry V has already mentioned . Universal life was introduced as an `` unbundled life plan '' , in other words you could see the separation between insurance cost , administration costsand investment pool . Every month a premium is paid in and issplit among the administration cost , insurance cost and the investment pool is filled with the remaining part of the premium . Cash values grow based on what `` type '' of investment pool you 've chosen with your purchase . This is buy term and invest the difference in one place . Universal life is a product that must be watched andpossibly changed in amount submittedbecausethe internal insurance costs rise over time , even though a premium is paid , the policy can `` blow up '' if there is not enough internal cashvalues to supplement the external premium you 've provided , the policycan expire . As Jerry noted , these are adjustable policies which means they can be adjusted up or down . Sometimes if you miss too many premiums , you can cause your policy to fail because there is not enough cash values to support the insurance cost .


Input: How Does A Universal Life Insurance Policy Work?

Output: The Universal Life policy is a way to combine term insurance with an investment feature under one plan . You have flexibility of premium . The more you put in , the more your cash value grows . You can skip premiums or put less into the plan as long as there is enough cash in the plan to maintain the insurance cost . In order to make sure the death benefit will be available in your older years you MUST make sure you do not under fund your policy . As you get older the cost of insurance increases . If the cash fund does not maintain enough to pay the insurance cost the policy will lapse . You will receive an annual statement each year , make sure you review this with your agent to make sure your policy is performing as planned .


Input: Can You Sell Life Insurance With A Felony?

Output: This question , can you sell Life Insurance with a felony , is not a simple yes or no . It depends on what and when the felony happened . First , you have to have a license in the state you are trying to sell in . Second , you have to be appointed with an insurance company to sell the products . Both these separate regulatory and insurance companies will perform background checks . You may or may not be approved . Contact an agency to review the situation to determine if you can sell Life Insurance .


Input: Can You Get Renters Insurance On A Mobile Home?

Output: That is a great question ! Yes , there is renters insurance available even if you are renting a mobile home . The policies are comparable in price to an apartment renters policy , and the coverage is also comparable . I would recommend that you find a local agent who can help you find a policy that fits your needs , and price range . Thank you for asking !


Input: When Was Medigap Created?

Output: Medicare Supplement , or Medigap insurance was more of an evolution than anything else . The federal government put forward a voluntary certification option for insurers in Section 507 of the Social Security Disability Amendments of 1980 which had minimum standards . There were at least three legislative acts that began the structure of Medigap regulations : The Medicare and Medicaid Patient and Program Protection Act of 1987 , The Omnibus Budget Reconciliation Act of 1987 , and The Medicare Catastrophic Coverage Act of 1988 . The Omnibus Budget Reconciliation Act of 1990 replaced some voluntary guidelines with federal standards and was later amended in 1995 . The `` lettered '' plans came to be in the 1990s with some being dropped in 2010 leaving the main Medigap plans we how have . To most folks , the Medigap plans can be confusing and it is always best to work with a knowledgeable insurance professional to find the plan that works best for you .


Input: When To Purchase Long Term Care Insurance?

Output: 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 -LRB- many are buying in the 40s and 50s -RRB- . The premium you pay is less if you start at a younger age . The longer you wait to start , the higher the premium will be .


Input: Can You Stop Term Life Insurance?

Output: Yes , stopping term life insurance does not have any penalties or cost . If you want to start the policy again , however , you would need to reapply , which means requalifying at the rates for your older age . If you have started any new medication , if your parent has suffered a heart attack , or if you have gained weight , those things will enter into your new rate . So you might want to look into ways to keep your old policy , such as reducing the face amount , before making the decision to stop it .


Input: Can You Stop Term Life Insurance?

Output: Stopping a term life insurance policy is fairly easy . The best and preferred way to stop coverage is to write your life insurance company requesting to cancel . All correspondence must be in writing to protect both parties , never just call and cancel . You will receive a confirmation . Most life insurance companies will allow you to reinstate , or change your mind , up to 180 days by paying back premiums . After that time period you will have to reapply for coverage . The second way to cancel a term life policy is to stop paying your premiums . The policy will lapse after your 31 day grace period . While this method is maybe the easiest , you will receive a lot of correspondence from the carrier , warning the lapse of your policy . It is always best just to write , mail , scan or fax your request and be done .


Input: Can You Stop Term Life Insurance?

Output: You can stop term life insurance in one of two ways . First , you could just stop paying premiums . The policy will go into it 's grace period then lapsing after that , about 30 days . The second is to write a letter to the insurance company notifying them of your intentions effective and a date you choose . I always caution people about canceling any life insurance . You will most likely pay more premiums when you go to apply for more insurance . Also , insurability could be an issue if your health is worse at the time of application or the history has issues in it .


Input: Is Critical Illness Insurance A Good Investment?

Output: Critical illness is not an investment , but insurance , a part of defensive financial planning . Is it worth the premiums to supplement your medical insurance plan ? It depends . Critical illness insurance should be a consideration if your family has genetic predisposition to disease , chronic conditions and/or a history of hospitalization .


Input: Is Critical Illness Insurance A Good Investment?

Output: Insurance is generally not considered an investment but there are situations where coverage , such as a critical illness plan makes good financial sense . If you have a good major medical plan , the direct care and treatment plan is usually a covered expense . But you will have deductibles , coinsurance and copay that must be paid out of pocket . A critical illness plan can help .


Input: At What Age Does Your Auto Insurance Go Down?

Output: This can vary from carrier to carrier and may be also vary depending on geographic location and sex of the insured . Many male drivers experience some decrease in premiums around age 25 . While many for many females a decrease in premiums may be experience around 23 . Each carrier sets there own standards when it comes to their rate equations . Contact your local agent to find out more about your current carrier 's standards .


Input: What Is A Good Rate For Home Insurance?

Output: A good rate for homeowner 's insurance depends on the amount you are insuring your home , along with other coverages and the deductible you select . The distance from a firehydrantwill impact the rate along with many other underwriting factors . By contacting an experienced broker , you can view and compare the lowest rates .


Input: Is Viagra Covered By Medicare D?

Output: Viagra and other erectile dysfunction drugs are not covered by Medicare Part D . You can search for discounts on Viagra by entering the words , `` Viagra coupon '' , `` Viagra discount '' , or `` Viagra promotion '' in the search engine of your choice . Or contact your pharmacy to see if they offer generics , or drug discounts for Viagra .


Input: Will Medicare Pay For Medical Alert Systems?

Output: Medicare does not cover medical alert systems , neither will most insurance carriers , even with a doctors written prescription . However , you should check with your insurance provider to see if they will cover yourmedical alert system . Some states have programs that will help Medicare beneficiaries , who meet certain criteria , pay for the alert systems . These programs are usually accessed through the local County Aging Services .


Input: Can Illegal Immigrants Get Health Insurance?

Output: The premise of being U.S. Citizen is that you benefit from the commonwealth of belonging to the nation . Non U.S. citizens are legally prohibited from benefits , including health care . If Non citizens are securing benefits , they 're doing so illegally . Whether state or federal enforcement exercises the law is another question .


Input: How Will My Colonoscopy Be Covered if I Have Medicare And Humana Choice PPO?

Output: Colonoscopy can be covered as a preventative benefit under the Humana plan if it is a routine procedure . If it is part of the regular preventative schedule there will be no cost to have it done . The trick however is that if anything is discovered or if a polyp is removed , it will no longer be billed as a preventative procedure and there will be a copy as a result . Most of the time it is billed as an outpatient surgery and you would need to pay the cost share applicable to it . A diagnostic Colonoscopy is going to be billed as an outpatient surgery .


Input: How Will My Colonoscopy Be Covered if I Have Medicare And Humana Choice PPO?

Output: Humana Choice PPO would be a Medicare Advantage plan . When you are on Medicare and have a Medicare Advantage plan , coverage falls under the benefits described in your Medicare Advantage plan . It does not get billed to Medicare first and then to the Medicare Advantage plan carrier -LRB- in this case Humana -RRB- or vice versa . It would only be billed through Humana - the carrier pays their portion and you would be responsible for the portion dictacted by the plan benefits -LRB- e.g. you may be responsible for a deductible and then a coinsurance/copayment amount , etc. -RRB- . Medicare Advantage plans are senior health insurance plans that work similarly to the under 65 health plans -LRB- deductibles , copays , coinsurances , max out of pocket expenses , networks , etc. -RRB- . In short , the gov ' t pays the carrier x number of dollars for each enrollee under the plan and the carrier takes the risk of expenses . So when you have a claim , the claim gets processed through the carrier rather than directly to Medicare . Medicare Supplement plans -LRB- also known as Medigap plans -RRB- operate as a supplement -LRB- key work there - supplement -RRB- to original Medicare -LRB- your Part A & Part B coverage -RRB- . When you have Medicare and a Medicare Supplement plan , the physician -LRB- or hospital or other facility -RRB- bills Medicare and then bills the carrier for their portion of charges - depending on which plan letter you have , you may be responsible for a small portion or nothing at all . The idea of a Medicare Supplement plan is to create a predictable expense structure for your healthcare needs rather than taking on a larger portion of risk of expenses on claims . Plus , the Medicare Supplement plan structure allows you to go to any doctor that takes Medicare , meaning no networks and they are not restricted to annual enrollment periods like Medicare Advantage plans are . If you want to take a look at a Medicare Supplement plan to see how it compares , I can help you with that . The Medicare Advantage Disenrollment Period -LRB- MADP -RRB- is from January 1 - February 14 of each year so you have an option to change if you decide to do so . Please note , depending on several factors , you may or may not be subject to medical underwriting for a Medicare Supplement plan -LRB- e.g. whether you are new to Medicare , this is your first time in a Medicare Advantage plan , whether you have a guaranteed-issue right , etc. - I can help determine this -RRB- . My contact information is cited on my agent profile - you can access it by clicking on the `` contact me '' button . I hope the information is helpful - please let me know if you have any other questions I can assist with . Thanks very much .


Input: Does A Stay At Home Mom Need Life Insurance?

Output: It depends , I am guessing that you are married and therefore the family income is not dependent on you . However if you were not around would that result in extra expenses that would put a financial strain on your family ? Even just $ 5,000 - $ 15,000 for the funeral , then childcare costs , perhaps a maid a couple times a week , less home cooking and more take-out ? I would say that you probably would not NEED it however it would be a good way to protect your family . Perhaps a policy that covered both your husband and yourself that would pay the death benefits to whomever outlasted the other one -LRB- sorry probably could have been put more sensitively -RRB- .


Input: Does A Stay At Home Mom Need Life Insurance?

Output: Purchasing life insurance as a stay at home mom makes sense in most cases . Just because there is not an income to replace , there is certainly an expense to replace . Having my wife as a stay at home mom for many years , I would not have considered not insuring the risk of her early death . Having a stay at home mom allows working men the time to earn a good living while not having to worry about other things . A stay at home mom not only cares for the children , but cooks , cleans , runs errands , pays bills , handles household affairs and much more . If the stay at home mom were to die , it would cost an estimated $ 80,000 per year to hire child care , a cook , a housekeeper and someone to run errands just so the household stayed intact and life could continue . I would consider your exact replacement expenses and the number of years before the children are self sufficient . Purchase ten times that amount in life insurance . It is a risk too large to ignore .


Input: Does A Stay At Home Mom Need Life Insurance?

Output: I was a stay at home mom for 13 years , and most of us moms make that choice because we want our children to have the best and most trusted care possible . If you were to pass , no one could replace you . But you would want your husband to find the next best possible caregiver for your child -LRB- ren -RRB- . The benefits from a life insurance policy could help him do that .


Input: How Does Medicare Impact The Healthcare System?

Output: Medicare reimbursement is considerably less than what providers will receive from private insurance . On average , about 20 % less but the amount can vary . Most doctors and other medical providers will readily admit they either lose money on Medicare patients or break even . The result of the low pay is a shifting of money lost on Medicare patients which results in private insurance patients paying more than they would otherwise .


Input: What Health Insurance Should I Get If Im Pregnant?

Output: All ACA/Obamacare compliant plans are required to cover Maternity and preexisting conditions . New plans are also cover 100 % of preventive care at no cost . Therefore , I would recommend a plan with a $ 500 - $ 1,000 deductible and the lowest out-of-maximum . You should also verify that the Doctor -LRB- s -RRB- and Hospital you plan to use accept the HMO or PPO Network .


Input: How Much Does A Motorcycle Raise Your Insurance?

Output: Having a motorcycle does n't in itself raise your insurance . If it is a street bike , imn most if not all states , it will need to be registered and then you wil be required to show that you have insurance on it . These are usually separate policies from your Car Insurance and really have no direct effect on that premium unless your company offers molti policy discounts .


Input: Why Should I Get Disability Insurance?

Output: Disability insurance is fundamentally paycheck protection . Most American workers have 90 days of case reserves on hand . The average disability period is 31 months . Protecting income is with long term disability insurance is only second to long term life insurance . Protecting income is with long term disability insurance is only second to long term life insurance .


Input: Why Should I Get Disability Insurance?

Output: Disability Insurance protect a portion of your income or you are protecting your pay check in the event you become disable as a result sickness or accidents.Disability Insurance is the security and peace of mind you need knowing that if life changes your mortgage , Rent , Payments and other bill will be paid while you recover . Consult with your broker to discuss the type of disability coverage and elimination period or when benefit begins .