Input: How Much Is It To Cobra Health Insurance?

Output: In short , COBRA is an extension of the current group health insurance plan offered to employees after they have left the company . This coverage can be kept for up to 18 months and is only available to individuals and families covered under a plan with more than 20 employees enrolled . Premiums for COBRA coverage are 102 % of the total cost of insurance this is important because many employers pay for part of the cost while the employee is still working . If you were only paying half of the premium before and your employer paid the other half , you would now be paying the entire thing yourself plus 2 % . Please note , COBRA election applies to each person individually that is covered under a given policy . If five family members are covered under a COBRA policy , they can all accept the coverage or accept it on an individual basis -LRB- for example , one or two family members accepting and three or four rejecting -RRB- . This is important because individual market health insurance can often be much less expensive than a COBRA policy , which can average $ 1,200-1 ,500 for a family and upwards of $ 2,500 per month for Cadillac plans at some companies . If you are in good health and offered COBRA coverage , do n't wait until it expires to look for a new policy . Please let me know if I can be of further assistance . Thanks very much .


Input: Can Nursing Homes Take Annuities?

Output: There are some annuities that people take out in order to protect assets when they go on Medicaid . They are commonly called `` Medicaid annuities '' . If set up with expert advice and attention to every detail , this type of annuity may be protected from having to be spent down on nursing home care , if other funds run out . There are challenges , so it is important to talk to a trusted advisor .


Input: How Can I Get Health Insurance If I'M Unemployed?

Output: If you do n't have access to a Group/Employer sponsored health insurance plan than you would have to apply for a policy on the Individual market . Based on what you qualify for and what what your budget is will directly reflect the type of policy you will get . The only other option would be government sponsored plans , however , many times these are difficult to qualify for .


Input: Is Medicare Advantage A Supplement To Medicare?

Output: No , Medicare Advantage is different than a Medicare Supplement . A Medicare Advantage Plan is a program set up by the government utilizing private insurance companies to administer claims and benefits under the supervision of the Center for Medicare Services . While you are still in the Medicare System and have all the rights of Original Medicare , a Medicare Advantage Plan takes the place of Original Medicare . The plan would pay the claims and offer the benefits based on an allowance that Medicare provides the insurance company for each member they have enrolled . Medicare Advantage has less potential out of pocket and richer benefits than Original Medicare but most require you stay in network . Original Medicare does not have networks .


Input: Is Medicare Advantage A Supplement To Medicare?

Output: Medicare Advantage is a private form of Medicare run by insurance companies . When you enroll in a Medicare Advantage plan you are no longer participating in original Medicare . Your doctor and other providers file claims with your Advantage insurance carrier , not with Medicare . Your Advantage carrier adjudicates the claim and pays it if approved . Advantage plans are not a supplement to Medicare , they replace Medicare . Amplification . Some people are confused about this since Advantage plans are often referred to as Medicare Part C . When you enroll in an Advantage plan your benefits are provided by an insurance carrier that is a sub-contractor of Medicare . Other than your Medicare Part B premium -LRB- which is still paid to Medicare , or deducted from your Social Security check -RRB- premiums -LRB- if any -RRB- for your benefits are paid to the Advantage carrier . Medicare does not review or adjudicate claims . Medicare does not resolve claim disputes you may have with your Advantage carrier . All of your benefits are covered and provided by your Advantage policy . If you decide to drop your Advantage coverage you have a right to switch to original Medicare . Original Medicare and Medicare Advantage are two separate and distinct systems of providing health insurance . Advantage plans cover the same medical conditions as Medicare -LRB- except Advantage carriers will not issue a policy if you have ESRD -RRB- but the benefits and administration are completely separate . Consider this . Medicare Part D is an insured benefit you purchase from an insurance carrier . The drug plans are not offered direct by Medicare and your claims are handled by the insurance carrier or the PBM that manages the coverage for them . Medicare Part C and D are completely independent from Medicare .


Input: What Is A Critical Illness For Insurance?

Output: Experiencing a critical illness is generally understood as a related medical insurance item . But more people today are adding critical illness insurance to supplement their high medical deductibles or because they have health history in the family line as an example , heart disorders that end in surgery and convalescence care . Critical illness can fill the gap with lump sum cash .


Input: What Is A Critical Illness For Insurance?

Output: The critical illness definitions for this type of insurance vary from policy to policy . Nearly all cover serious cancer , heart attack and stroke . Some cover Alzheimer 's , blindness , deafness , MS , Parkinson 's , brain tumors , and organ transplants . In order to see what the definition of critical insurance is for each policy , review the contract carefully .


Input: Why Are Variable Annuities Good Investments?

Output: Product suitability determined by a personal financial profile that establishes risk tolerance and tax deferral as a priority , must first be developed . A non-qualified variable annuity not invested in the guaranteed interest account has market risk to principle deposited . The allocation of separate sub accounts may have greater or lesser risk determined by the asset mix . The economic goals of the investor must correlate to the variable annuity and its asset allocation mix and the length of holding period needs to match up to the investors economic timeline . A variable annuity is neither good nor bad ; however the recent variable annuity designs may not be as consumer centric as they were before 2007 .


Input: Where Can I Find Health Insurance?

Output: Enrollment for the PPACA , or Obamacare as it 's known to most Americans , begins October 1 , 2013 , but not for everyone . Recent delays have pushed off implementation for some businesses and other exempt organizations . Each state either created a health exchange or is creating an alternative to it . Online health care vendors will also be offering health insurance .


Input: Can Annuities Go Bankrupt?

Output: Insurance companies that issue annuities can go bankrupt . This is an extremely rare event given the regulatory overview that exists in the insurance industry , but it is possible . Insurers are required to hold , at a minimum , two times the amount of capital vs. the amount of anticipated claims they could incur in any given year . Any insurer who falls near or below this level is subject to serious regulatory oversight to correct and improve their capital position .


Input: What Is The Medicare Drug Benefit?

Output: Medicare drug benefit in most cases refers to Part D. Your Part D plan is offered by insurance carriers and is available to anyone on Medicare that does not have drug coverage through a Medicare Advantage plan . Drugs administered as a hospital inpatient are covered under Part A. Outpatient drugs administered in a doctors office or clinic are often covered under Part B.


Input: What Is A Joint Life Insurance Policy?

Output: A joint life insurance policy -LRB- also called a survivorship policy or second-to-die policy -RRB- is coverage on two lives . This is often used in estate planning when a policy will cover both the husband and the wife . At the death of the second person , the death benefit is paid to the heirs . The cost for the policy can be significantly less , because the insurance company knows that with a survivorship policy , the death benefit will most likely pay off years later than a non-survivorship policy . Another advantage of survivorship policies is that one person can be uninsurable . Some survivorship policies offer a first-to-die rider which pays out a portion of the death benefit at the first death .


Input: What Is A Joint Life Insurance Policy?

Output: What is a joint life policy ? This is usually a policy on a husband and wife that pays on the second death . More often than not , these policies are used to create a money pool for the payment of estate taxes . I think there are also some joint policies that have been adapted for business partnerships as well .


Input: What Is A Joint Life Insurance Policy?

Output: The marital deduction act was the basis for creating joint life insurance or survivorship insurance . The marital deduction act allowed married couples to pass assets between them at the death of the first spouse . Survivorship was created to pay the federal estate tax at the second death of a married couple , coinciding with the marital deduction act . Survivorship policies have several actuarial formats like participating whole life , variable universal life , indexed universal life , current assumptions universal life .


Input: How Much Can You Borrow From Your Life Insurance Policy?

Output: The amount that you can borrow from your cash value of your life insurance policy will possibly be different from carrier to carrier . Most carriers will allow you to borrow up to a set percentage of you life insurance policy 's cash value . Contact your local agent to discuss the availability of money to borrow from your policy and your carriers requirements . 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: What Is The Number One Life Insurance Company?

Output: MetLife and its related companies have the most assets and life insurance in force than any other U.S. Company . John Hancock has the best five year net investment yield of U.S. carriers.There are life insurance companies who are the number one in several critical balance sheet items .


Input: What Is The Number One Life Insurance Company?

Output: In addition to what Steve mentioned , there are not only different categories of sales volume , total assets or number of policies in force , but also different leaders by type of life insurance . Some providers are better with Term policies , while others are more specialized in Whole or Universal life policies .


Input: What Insurance Should I Get When I Rent A Car?

Output: That 's a great question ! If you have auto insurance of your own , and your coverage is enough , you are fine using it . Check with your agent to be certain . If you do n't , the rental car company will have policies you can purchase . You may already have coverage as a perk from your credit card company , many companies will throw in rental car discounts and insurance when you use their card . Call them and see ! Thanks for asking !


Input: Who To Talk To About Life Insurance?

Output: The purchase of life insurance is a personal matter . My suggestion is to ask your colleagues , neighbors and friends for a recommendation . Make sure you are comfortable with the agent . Make sure the agent is honest with you and with the company that is represented . Listen carefully to the advice the agent gives .


Input: Who To Talk To About Life Insurance?

Output: You should work with an independent life insurance agent/broker to help you secure a policy . There are many moving parts to life insurance and many companies to compare . We can work with you to determine how much coverage is suitable to your needs and how long you should have the premium guarantees for -LRB- e.g. term vs. permanent -RRB- . Identifying which carrier will work best for your program can be a difficult path to navigate . The risk class a carrier assigns to your program is one of the most critical parts of life insurance -LRB- the risk class determines the premiums - the better the risk class , the lower the premiums and vice versa -RRB- . The risk class is determined by your medical history -LRB- and an exam for most programs -RRB- . It 's important to remember that every carrier has their own underwriting guidelines . Therefore , company ABC may offer you preferred plus , while company XYZ may offer you preferred -LRB- requiring higher premiums -RRB- . If you would like assistance with your life insurance needs , send me a private message by clicking on the `` contact me '' button under my profile picture or visit my website , www.TermInsuranceBrokers.com , for information -LRB- you can run instant quotes as well - we 're licensed in many states across the country -RRB- .


Input: Who To Talk To About Life Insurance?

Output: Who to talk to about life insurance will partially depend on your age , health , and the type of policy you need . If you have a health condition such as diabetes or heart disease , it is helpful to contact an agency that specializes in impaired risk . If you are over the age of 60 , you may want to contact an agency that carries many choices for seniors . And if you need permanent coverage , you will want to avoid agencies that only sell term insurance . All of us answering this question have websites where you can go to read about us and what we offer . And you can see by our answers that we are willing and able to assist you . So that is a good place to start .


Input: Who To Talk To About Life Insurance?

Output: You need to understand the difference between an agent and the broker . An agent typically works for one company , therefore can only quote the products that company has available . On the other hand , the broker has the ability to `` shop '' around to find the right fit for the coverage you are looking for . Once you decide who you want to work with , then you can start the process to find the right company , the right product with the right premium to fit your budget .


Input: Does Long Term Care Insurance Cover Hospice?

Output: Hospice care is the service provided for terminal ill patients or those in the last stages of life . Long term care insurance providers are a limited list of companies that address hospice in their extended care provisions in their policies . Their coverage and definitions of coverage will vary from company to company , so if hospice is a value consideration make sure the policy addresses it .


Input: Is Medigap Worth Getting?

Output: Medigap or sometimes called medical supplement is insurance for people turning 65 years of age . Once you are eligible for Medicare Insurance Medigap comes into play . Medicare covers 80 percent of your medical bills and the Medigap Insurance covers the other 20 percent for the most part based on what the medicare covers . In many policies of Medigap it also covers some amounts outside the US . Medicare would not cover anything outside the US . Generally Medigap covers $ 50000 outside the US border . This amount is subject to the Individual insurance companies .


Input: Who Needs A Medigap Policy?

Output: Anyone who is 65 or older and has Medicare Part A and Part B , also known as Original Medicare . Original Medicare only covers approximately 80 % of your healthcare . A Medigap plan -LRB- a.k.a. Medicare supplement plan -RRB- is designed to help cover the gaps in Original Medicare -LRB- the other 20 % -RRB- . There are 10 plans - A , B , C , D , F , G , K , L , M , and N. Plans F is the most comprehensive plan , but is generally also the most expensive plan - plans G and N provide very similar benefits but at a lower cost and can be much more suitable to certain individuals . If you 're trying to keep your premiums to a much lower level , there 's also what 's called a `` high-deductible '' plan F that provides the same benefits as the regular plan F , but requires a deductible to be paid first -LRB- $ 2,140 in 2014 -RRB- .


Input: Is Life Insurance Tax Deductible For Self Employed?

Output: A sole proprietor or partner can not deduct the premiums for life insurance on the owner or partner . You shouldnt want to deduct the premiums . You want to receive death benefits income tax free . If your business is a corporation , the corporation can deduct the premiums just the same way they can deduct any payment made to you as either salary or benefits , but the corporation can not have any ownership rights . You would then pay personal income tax on the premiums paid by the corporation .


Input: Where Can I Get Insurance Without A Car?

Output: There are many folks out there that have a company vehicle or other transportation provided to them . While the exposure is different it is still you driving a car or truck . so , you need coverage too . Do n't be confused by the fact the company that owns the vehicle -LRB- typically your employer has liability insurance -RRB- . Liability will generally be something you might have in Excess of their coverage . However it is not unusual for you to need coverages such as Medical Payments and Uninsured Motorist . Especially with large employers you might think the employer has a heavy protection for their employees , that may be true for liability but ask your employer about Uninsured or Under insured Motorist Coverage The way to approach securing non owned coverage is the same way we would recommend you obtain any insurance need . Call or visit an agent on line and ask for a quote . If you live in AZ , CA , GA , MO or TX we would be glad to assist you further .


Input: How To Decide How Much Life Insurance To Buy?

Output: This is one of the most commonly asked questions about life insurance . While there is no specific answer , there are methods we can use to determine what 's right for you and your family . Most studies suggest many have no life insurance at all and of those who do , many are underinsured . We often meet with clients who have coverage of less than one times their current annual income . Insurance companies generally approve coverage amounts up to 25X income -LRB- under age 45 -RRB- . There are many calculators online which can help such as this one : WEBSITELINK But there is no substitute for an experienced life insurance professional who can help you plan to have the right amount based on need and budget and can adjust the plan over time to meet changing needs .


Input: How Much Should Life Insurance Cost Per Month?

Output: There 's many factors that go into the premium calculations for life insurance to say what an average plan costs per month - it will be different for every person due to a number of factors including their age , gender , amount of coverage they want , how long they want the coverage for , their riskclassification -LRB- determined by the medical history -RRB- , and whether they 're applying with full underwriting or non-medical underwriting . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona 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 . I would suggest consulting with an experienced life insurance broker who can work with you on a personal level and help determine what coverage is appropriate/suitable for your needs and budget and which carrier will work best for your program . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: Do I Need Home Insurance At Mortgage Closing?

Output: Good question If you buy a house with a morgage you must get property insurance or the bank will not finance it . It usally cost between $ 500 - $ 1200 a year for home insurance . Also you can get a good discount if you bundle your home and auto with the same compay . Good Luck


Input: When Is Medicare The Primary?

Output: If Medicare is your only form of health insurance , Medicare is always primary . If you have coverage through an employer group health insurance plan Medicare can be primary or secondary . If the employer has 20 or more employees , the plan is primary . If fewer than 20 employees , Medicare is primary .


Input: Can Firefighters Get Life Insurance?

Output: Yes , firefighters can get life insurance , as can police officers and other public safety officials . While there are questions asked on most applications about dangerous hobbies -LRB- such as parachuting or motorcycle racing -RRB- , and those answers could cause the policy to be rated up , the occupation of the insured person does not usually enter into the rating . Being a firefighter may restrict their ability to get a waiver of premium due to disability , but not life insurance .


Input: How To Buy Medigap Insurance?

Output: The best way to buy a Medigap Policy is through a licensed independent agent who specializes in Medicare Supplement insurance . We work closely with you to make sure you understand the benefits associated with Medigap Plans and how they work for you . Independent agents are not employed by insurance companies . Instead , we have contracts with multiple carriers that allow us to shop the Medigap market and find you the best price for the Medigap Plan you desire . Some people like to avoid insurance agents and do the work themselves , but with Medigap insurance that is not going to save you time or money . Most insurance companies will not provide their insurance premium information to the public . The carriers who do share their premiums with you will , often times , be much more expensive . I have done a fair share of helping people move from their expensive Medigap premium to a lower one while still keeping their same exact benefits . Most of the time they had no idea there were other insurance companies available to them . If I can help you with your Medigap insurance needs , please feel free to call me at 1-888-411-1329 or visit www.remedigap.com .


Input: How To Buy Medigap Insurance?

Output: Buying Medigap Insurance can be a lot easier than it looks . You can get immediate information and quotes by going to a website like ours . You type in basic information and can be reviewing quotes from the top rated carriers in about one minute . You can follow up with one of our licensed staff to get all of your questions answered . I would suggest the following to make things easier on you : Contact an independent agent that specializes in Medigap Insurance -LRB- Medicare Supplement Insurance -RRB- . Look at what plans are available . Learn what each of those plans will cover and not cover . Have that agent help you pick the the Medigap plan that best fits your needs and budget . Have the agent sign you up with the plan and the top `` A '' rated carrier that fits best for you . Good luck !


Input: How To Buy Medigap Insurance?

Output: I am going to say for your best interest you need to contact an insurance agent that you know and trust . You say Medigap policy and that term could refer to one of the high deductible plans-L , M. N - if you were to reside in South Carolina . There are some important decisions you need to make . If you need to go to Medicare Advantage due to budgetary restraints then you need to understand if you fail to enroll in original Medicare on your `` initial enrollment period ' you will have to pass underwriting issues to ever return to original medicare . While the Medicare Advantage plans are Part C and includes your coverages for Part A , B , & D in Part C , they all are not designed to pay all of your costs and you need to understand what the copays and deductibles are so you can make an informed decision ,


Input: How To Buy Medigap Insurance?

Output: You can buy a Medigap policy through a Medigap insurance agent - I highly recommend doing it through an independent agent who can shop your case among many carriers instead of just 1 or 2 through a captive agent -LRB- agents who are basically employees of a specific company -RRB- . 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 - this is THE BEST time to buy a Medigap plan . 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 . 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 . 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: Why Do You Have To Enroll In Medicare?

Output: Technically , you do n't have to enroll in Medicare . It 's just very cost advantageous for healthcare expenses . Original Medicare -LRB- Parts A & B -RRB- pay for about 80 % of your healthcare expenses and you can have the other 20 % covered by adding a Medigap plan - a Part D plan can cover prescription costs -LRB- you would have cost-sharing for prescriptions -RRB- . If you 're not on group coverage through your employer -LRB- if you 're still working -RRB- and still have a traditional under 65 health plan , you will likely be spending a lot more on your health insurance compared to your Medicare coverage . Please feel free to contact me for further assistance . Thanks very much .


Input: What Is Covered Under Medicare Part D?

Output: Medicare Part D is a prescription drug plan offered by private insurance carriers . Part D covers a number of outpatient prescription drugs . Each plan has a formulary that lists the covered medications and the copay . Some Part D plans have a deductible , some do not . In reviewing the plan look at total cost and covered formulary meds .


Input: What Health Insurance Covers Plastic Surgery?

Output: Medical treatment to enhance the appearance is generally not covered by any medical insurance . Treatment to correct damaged skin is generally covered , particularly when it is medically required . In an interview with a plastic surgeon , I was told that it is difficult for them to draw the line as some repairs lapse into cosmetic surgery . For example , surgery on the eyelid can increase the beauty of the eye but it can also help a person from having strikes to their head from low objects such as cabinets .


Input: What Health Insurance Covers Plastic Surgery?

Output: Essentially all health insurance plans will cover some forms of plastic surgery . The crucial distinction that the consumer must understand is the difference between reconstructive plastic surgery and cosmetic plastic surgery . For example , accidents , burns from fires or chemicals , and some cancer treatments trigger the medical necessity criteria necessary for restoring or at least improving the normal functions of an individual . This is totally different than you deciding you would feel better about yourself if you had your favorite movie star 's nose or breasts . That would be a purely cosmetic procedure with no bearing on your physical health -LRB- if fact , you are actually putting your physical health at risk -RRB- . If you want to pay to look like a real life Barbie Doll then go for it but your health insurance company loves you just the way you are .


Input: What Is The Average Cost Of Medicare Supp Insurance?

Output: The cost of a Medigap policy depends on which Medigap policy you want to apply for , your age , gender , tobacco usage -LRB- if any -RRB- , your zip code , and whether you 're married and applying together -LRB- for household discounts - available from some carriers -RRB- . In short , an average cost figure does n't mean much to the individual as the premiums can differ widely depending on where you are around the country and the other aforementioned factors . You want to compare prices from multiple companies when you 're shopping because Medigap plans are standardized , meaning the benefits are the exactly the same regardless of who you buy it from - the price is the only difference . You should consult with an independent agent who can shop your case among multiple companies and offer you the desired Medigap plan at the lowest possible cost . I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Is All Term Life Insurance The Same?

Output: The basics of a term policy are similar . Companies sometimes offer incentives that might make a difference to you . Some companies include a small amount of cash value to ease the time when the policy expires , other companies offer dividends and some have offered large cash incentives at the end of the term .


Input: Is All Term Life Insurance The Same?

Output: For the most part , yes , but there are differences . Some term plans pay participating dividends to reduce the total cost of your coverage . Others have conversion options which can be helpful if you need coverage beyond the expiring term and are no longer insurable . Waiver of premium provisions should also be considered especially in light of conversion .


Input: Is All Term Life Insurance The Same?

Output: That is a great question ! I 'd say yes , in the same way that white and wheat breads are the same - they are both bread in function , but not in form . Term policies are the same way . They are the same in that they all end , and have no cash value , but there are several forms of them . If you would like more detail , please feel free to contact me , okay ? Thanks for asking !


Input: Is All Term Life Insurance The Same?

Output: No . Term life insurance can be purchased with simplified or full underwriting . It can offer annual renewable or guaranteed level coverage periods like 5 , 10 , 15 , 20 , 30 and a few at 40 year . -LRB- The longer the coverage period the more age becomes a factor and based on age , companies limit the length of coverage . -RRB- Some term life insurance includes convertibility clauses to extend coverage and offer living benefits either embedded in the policy or as an additional rider .


Input: Is Life Insurance Vatable?

Output: Most countries exempt life insurance and other financial services from paying VAT -LRB- value added tax -RRB- n . If the invoice from the life insurance company shows IPT -LRB- insurance premium tax -RRB- listed , the policy is probably exempt from VAT . However , there can be exceptions . Talk to your tax consultant to get your answer .


Input: Is Life Insurance Vatable?

Output: If you mean is there a value added tax on life insurance , the answer currently is , no . Insurance particularly life insurance is a program for social good and as a result has long enjoyed preferential tax treatment . Society recognizes that it is good that people care for their loved ones on the occassion of their death . They also recognize that if there is an auto collision , it is good if someone can pay the damages .


Input: How Much Homeowners Insurance Do I Need In South Carolina?

Output: South Carolina Homeowners Insurance is similar to home insurance in any other State . You will need to have a good insurance policy to cover your home , personal belongings and personal liability coverage to protect you from legal action due to negligence . The home -LRB- dwelling -RRB- should be covered for the value to reconstruct the home following a total loss . Most insurance companies will simply ask you a few characteristic questions about your home and calculated the estimated reconstruction value of the home . Please note , the reconstruction value of the home is not relative to the current market sales price of the property which could fluctuate in differing market conditions and also includes the value of the land -LRB- which remains uninsured -RRB- . There is a link 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: How Long Does Health Insurance Last After Being Fired?

Output: The Consolidated Omnibus Budget Reconciliation Act of 1986 -LRB- COBRA -RRB- stipulates that generally one can continue group health insurance benefits for 18 months . There are certain circumstances that may allow an individual to extend this period . Generally this would be a disability certified by the Social Security Administration . If one is eligible for extended benefits beyond 18 months , the extended time period is up to 11 months and the insurer can increase premiums to 150 % of the original premiums charged during the extension .


Input: Who Invented Critical Illness Insurance?

Output: Critical Illness Insurance covers specified major illnesses . Typically , it pays a lump sum -LRB- sometimes different -RRB- payment to the insured . The first Critical Illness policy was issued in 1983 in South Africa . They have grown in popularity since that time . A full-time broker -LRB- not a part-timer , a media person or someone not fully-licensed -RRB- will be your best resource for quotes and information .


Input: Who Invented Critical Illness Insurance?

Output: The brother to the physician who performed the first human to human heart transplant , Dr. Christian Barnard , is the person who invented critical illness insurance . Like his brother , Dr. Marius Barnard was also a cardiac surgeon in Cape Town , South Africa . He saw that he could heal people 's bodies but he could not heal the financial toll that their illness and treatment took on the lives of them and their families . Dr. Marius Barnard created Critical Illness Insurance to offset that . the first policy was issued in South African in 1983 .


Input: When Did The Medicare Payroll Tax Start?

Output: The Medicare payroll tax started in 1966 for private or corporate employers , their employees and people who were self employed at that time . In 1983 , federal employees started paying Medicare taxes . Newly hired state and local governmental employees started having Medicare payroll taxes withheld from their paychecks in 1986 .


Input: How Do I Register For Medicare Online?

Output: You can sign up to receive Medicare benefits on the social security administration website , ssa.gov . I believe you can click on `` Medicare '' under the benefits tab . There should be some easy instructions there that will walk you through the sign up process . Signing up online is preferable for those applying during their initial enrollment period -LRB- 3 months before age 65 , the month you turn 65 , and the 3 months after you turn age 65 -RRB- . If you 're applying under special enrollment , I recommend going down to your local social security office to get your paperwork processed .


Input: What Does Medicare Suffix T Mean?

Output: We get this question a lot here at The Medigap Market . Your medicare number will always consist of you or your spouses social security number with a letter at the end indicating any number of different statuses . If you have a letter T -LRB- Temporary -RRB- in your medicare number it means that you are not currently drawing social security payments . If and when you do begin drawing social security payments the T will be replaced by a letter A indicating you are the primary beneficiary drawing benefits under your social security number . In case you did n't already know , if you are not drawing social security your medicare part B premium will be billed to you quarterly and if you are drawing social security your Part B premium will be deducted automatically from your check every month .


Input: What Is 25/50/10 Automobile Insurance Coverage?

Output: 25/50/10 is a recipe for disaster . You must be very careful to only collide with fit people driving cheap cars . Since you rarely have the opportunity to decide who the other party will be in a collision , I would suggest you secure realistic limits . The last number should be an indicator as few cars are priced below that number .


Input: What Is 25/50/10 Automobile Insurance Coverage?

Output: That refers to a combination of liability options provided in a car insurance policy . in order , `` 25 '' means that you would have up to $ 25,000 in Bodily Injury coverage for an indivual hurt in an accident that you cause . `` 50 '' means that you would have up to $ 50,000 for all persons injured in an accident that you cause . If say 2 people were injured they would be entitled to up to $ 25,000 each . Finally , `` 10 '' is for property damage liability and means that you would have up to $ 10,000 to cover property that you damage as a result of an at fault accident .


Input: Does Renters Insurance Cover Wedding Rings?

Output: Yes it does , but talk to your Insurance Professional because usually the coverage is somewhat limited . Many policies provide basic coverage for `` unscheduled '' jewelry items . It is is usually limited to a particular dollar amount which can be less than the value of the piece and it is subject to your deductible . You may want to consider providing your Insurance Professional with an appraisal of the ring and asking that it be insured specifically to that appraised value . This can be done either as a rider on your Renters Policy or by a separate policy , whichever you prefer . That is the better way to go because then the piece is more fully protected , even if yo loose it -LRB- which is not covered under a renter 's policy -RRB- and in most cases , there is no deductible .


Input: Who Underwrites Hsbc Life Insurance?

Output: HSBC Life Insurance is sold through HSBC Insurance -LRB- Asia-Pacific -RRB- Holdings Limited , which is part of the HSBC Group . The HSBC Group is wholly owned by the Hong Kong and Shanghai Banking Corporation Limited . The company is based in Hong Kong and has four underwriting companies : HSBC Insurance -LRB- Asia -RRB- Limited , HSBC Life -LRB- International -RRB- Limited , HSBC Insurance -LRB- Singapore -RRB- Pte Limited , and HSBC Amanah Takaful -LRB- Malaysia -RRB- Sdn Bhd. .


Input: Is Homeowners Insurance Paid By Escrow?

Output: This will depend on the type of loan and/or your preference when your loan funded . If you see part your mortgage payment contribution sent to an escrow account thenit can be either used for taxes only , insurance only , or a combination of both . It is best to contact your lender if you are unsure on the escrow assignments . Switching your home insurance means replacing the prior policy details with a new one for payment from your account . It also means that your escrow contributions will be recalculated , therefor either lowering or increasing your mortgage payment .


Input: Is Homeowners Insurance Paid By Escrow?

Output: It can be and these days many mortgage companies require it . You will be notified by your lender if they do or not . Normally , if you are paying your insurance premiums directly to your insurance provider , the only time that might change is if you refinance and it then becomes required .


Input: Am I Able To Get Life Insurance On My Brother?

Output: I 'm almost afraid to answer this question but I will anyway . I can understand how you could feel that you 're owed something for all the time , money , and heartache you 've invested in your brother . Would money really make all that better ? It seems every family has one member who takes care of everyone else and it sounds like you 're that person in your family . I also believe that , eventually , you 'll be rewarded for it and it 'll probably be with something worth more than money . While you ca n't put insurance on your brother , he can surely buy some of his own and name you as the beneficiary . You can even pay the premiums if you 'd like but he has to make the decision and go through the process .


Input: Am I Able To Get Life Insurance On My Brother?

Output: The short answer is YES , you are able to purchase life insurance on the life of your brother . The basic rule ormeasure in determining the legality of purchasing life insurance on another is `` Insurable Interest '' , in other words , ` Do you have an interest in the continuation of the insured 's life ? ' . The blanket explanation of insurable interest is a relationship through love , blood and business . Therefore , you could not go out and purchase a policy on a stranger as that would be considered a wagering contract . Secondly , after meeting insurable interest requirements , the next guideline is that you are limited in the amount of coverage you can purchase based upon the insured 's net worth . Simply put , if you brother does not have two pennies to rub together , you may have a difficult time purchasing coverage on his life . Specifically to your situation , it seems that you have met the basic requirements to purchase coverage on his life . However , in order to do so , you will need his permission meaning that he will need to co-sign the application for insurance . With the sensitive nature of your current relationship , the best way to present the need for insurance to your brother is that you wish to have enough coverage on his life to prepare for `` final expenses '' . This would include funeral expenses , probate expenses if he has any assets and any other unresolved , secured debt that could be passed on to his estate . Do not feel guilty for your thought process , it is a very wise way to consider and utilize such a valuable asset to protect yourself against the financial burden that our loved ones sometimes create .


Input: Does Suze Orman Hate Whole Life Insurance?

Output: Suze Orman usually does not recommend Whole Life Insurance because she feels that Life Insurance is not needed in Retirement . In reality , most retirees have a need for at least a basic amount Life Insurance , if not more . And Term Insurance will eventually become unaffordable because of age . So most people at least have a small need for Whole Life Insurance , or some other type of Permanent Life Insurance .


Input: Does Suze Orman Hate Whole Life Insurance?

Output: Term life insurance is a specific product for a specific need . Unlike various forms of permanent life insurance , term is designed to expire before you do . Term life insurance may be perfect for needs with a defined time limit . You can use it to cover debts such as a mortgage that is to be paid off in a specified number of years such as 15 or 30 years . Term life insurance could be used to satisfy a divorce decree where child support or even alimony -LRB- with a time limit -RRB- is required . Some business obligations are also situations where a term life insurance policy might be a good idea . But if you have a permanent need , such as for estate planning purposes -LRB- including estate liquidity -RRB- , term life insurance may not be your best choice . Suze Orman is not an agent , does not know you or your circumstances . She has no idea how much life insurance you should have any more than Jay Leno would . Suze Orman is not accountable by any means for poor advice she may offer regarding your insurance needs .


Input: Does Suze Orman Hate Whole Life Insurance?

Output: If you watch Suzie 's show , she does n't recommend buying whole-life insurance but if someone already has it she often recommends keeping it or using the cash value when they are in financial trouble . Often their whole-life policy bails them out of trouble . Suzie is a big believer in term life insurance when you are young -LRB- just in case -RRB- and no life insurance when you get older . Suzie is entertaining and you can learn some things watching her show . But no one should use generic advice from a TV show , Radio program or even a book as an end all solution for you . Everyone has different goals , needs and different levels of wealth .


Input: Does Homeowners Insurance Cover Lightning Strikes And Broken TVs?

Output: In most cases yes , if the broken TV is a result of a lightning strike or other covered peril . The key here would be your deductible . If you have a $ 500 deductible and it will cost $ 600 to replace your TV why turn it in ? Your insurance rates may go up and you end up losing money . Any time you have a question regarding coverage always call your agent first . He can help you decide if it is worth turning in .


Input: Can I Use My Medicare Overseas?

Output: Original Medicare -LRB- Part A and Part B -RRB- does not normally cover medical expenses while you are traveling overseas . Some Medicare Supplement plans can be used during overseas trips . There are also some instances where Medicare will cover foreign travel , e.g. travel through Canada on the way to Alaska .


Input: Who Bought National Life Insurance?

Output: To my knowledge , no other company has purchased National Life Insurance Company . National Life was established in Vermont in 1848 . Life of the Southwest was purchased by National Life in , and they also own Equity and Sentinel . However , National Life is the flagship enterprise of all those companies , and is not owned by another company .


Input: Which Retirement Plan Is Best?

Output: Which retirement plan is best ? The one that you actually do . It is more about the habit of saving than anything else . Developing a savings habit will aide anyone in retirement . Waiting for the optimal plan `` before '' you start saving is sort of an excuse I hear many times from people who are n't savers . They fail to set aside funds for the future in any form because it is n't of value to them yet . There are many retirement plan choices , there is no `` best '' as putting zero dollars aside ends up with zero saved . The `` best '' plan is the one where you decide to save and contribute money to .


Input: Which Retirement Plan Is Best?

Output: The best retirement plan is one that someone else paid the cost . It is even better if it meets you needs . It is even better if it is inflation adjusted to meet with changing needs in the future . This question should probably be , What is second best ? Second best is a plan established by your employer to which the employer contributes money and you can contribute money on a tax deferred basis . That means that you dont pay income tax today on the money you put into the plan .


Input: Can Undocumented Immigrants Get Medicare?

Output: The basic rules of Medicare make this difficult . One has to have 40 quarters of `` covered employement '' to qualify for Part A . Then you get into the questions `` are you the spouse of a U. S. citizen '' that is covered under the social security program . As you can see the issues that are raised by your question makes it very difficult to say it is impossible


Input: I Have Health Insurance Do I Need Medicare?

Output: If you have group coverage you may not need to pick up Medicare part B right away depending on the size of your group . Medicare coordinates with your health insurance . For smaller groups it will be primary , for larger groups it would be secondary . Primary means that Medicare pays first and your health insurance would act like a supplement . Secondary means that your insurance pays first and Medicare would just help pay any deductibles and copay 's . You do not need a Medicare supplement if you have group health insurance in most cases . If you have prescriptions covered at work do not pick up a Medicare Advantage plan or prescription drug plan without discussing it with your HR rep. You could get knocked off your group coverage and not be able to get it back .


Input: Does Car Insurance Cover Uhaul Rental?

Output: If it is a type of Uhaul that you drive then no . But if it is a type of uhaul that you are pulling the liability portion would come from your auto policy but it would not repair the trailer . There are some carriers that will cover the driving type Uhaul under a personal policy depending on how big it is . Many cases they will not . But Uhaul usually has insurance that you can purchase from them which would better for you in the long run in the event of an accident . Talk to an agent who is in your area they should be able to help you with this matter or talk to the uhaul business as I am sure they would have some good recommendations .


Input: Does Car Insurance Cover Uhaul Rental?

Output: Typically , your personal car insurance policy does not extend coverage to the U-Haul trailer and contents . However , if you have full coverage and you are transporting your car , you may have coverage on the car itself . If you rent a truck -LRB- this applies to commercial vehicles as well -RRB- , there 's a good chance the coverage did not extend to the U-Haul . Purchasing any coverage they offer may not be a bad idea .


Input: Does Car Insurance Cover Uhaul Rental?

Output: In almost all cases your personal auto insurance will not cover you if you rent a U haul truck . The U Haul truck will fall out of the bounds of personal auto used for pleasure and also the weight category put the vehicle is the commercial range which is 10,000 lbs or higher . I highly recommend you discuss this with your current insurance company for clarity on your particular policy .


Input: Does Car Insurance Cover Uhaul Rental?

Output: It may or may not depending on the company that insures you . Talk to your Insurance Professional about the terms and conditions of your coverage to be sure . In many cases , liability and physical damage coverage -LRB- Comprehensive and Collision -RRB- will extend over onto another private passanger vehicle that you are using while it temporarily replaces your own . This extension , however , does not generally apply to commercial vehicles like Uhauls and the like .


Input: Does Car Insurance Cover Uhaul Rental?

Output: Your car insurance will cover you for liability but it may not cover damage to the Uhaul if you are in an accident or damage the truck . Check with your local agent or company to be sure that your policy covers the truck and to what extent . It only costs about $ 14 to purchase the extra insurance from Uhaul and it will cover any damage you do the truck with just a couple exceptions .


Input: Is Whole Life Insurance For Me?

Output: Five reasons Whole Life Insurance may be for you : 1 -RRB- You want to buy your life insurance one time in your life and never have to worry about it again . 2 -RRB- You want a policy that will have cash value so you can `` borrow from yourself '' in the future . 3 -RRB- You want to be sure your policy will be in effect when you die , even if you live to a ripe old age . 4 -RRB- You want a policy that you can have paid off by the time your retire . 5 -RRB- You want a policy that will give you something back if you decide to drop it later in life . Five reasons Whole Life may not be for you : 1 -RRB- You ca n't afford it at this point in time -LRB- you could get Term now and buy Whole Life later -RRB- . 2 -RRB- You have a temporary need and will not need life insurance after that is over . 3 -RRB- You are young and want a vehicle to aggressively save for retirement -LRB- an indexed or variable policy could work better -RRB- . 4 -RRB- You want a permanent policy but do n't care about cash value -LRB- a guaranteed UL may be cheaper -RRB- . 5 -RRB- You have all your financial bases covered in other ways .


Input: Is Whole Life Insurance For Me?

Output: When people that you love will suffer when you die , you need life insurance . If that need will remain for many years , perhaps even until the day that you die , you need permanent insurance . The most popular form of permanent insurance is whole life insurance . It provides that the company will pay fixed amount when you die , regardless of when that occurs . In exchange you are required to pay a premium that is also fixed and does not change even as you grow older and the risk of death increases dramatically . There are alternative forms of permanent insurance in which you give up guarantees for flexibility .


Input: Is Whole Life Insurance For Me?

Output: There are a variety of types of whole life insurance . Some better than others . This is the most costly type of life insurance , but the absolutely surest one in many folks minds . I used to work for a carrier that sold this as their flagship product . They would n't let me sell the type I now highly recommend . I strongly prefer the cash value life insurance which will tie to the market , but never go down , and only go up . That is Equity Indexed Universal Life . Meeting the requirements , you can be assured you are in an outstanding investment , yes investment , because the market is likely to go up but even if it goes down , you will NOT lose . I recommend Premier Financial Alliance 's EIUL Flex Life , with full living benefits , you do not have to die to get paid with . See you agent . GARY LANE , garylane@cox.net . 714 422 9616 . Thank you .


Input: Is Whole Life Insurance For Me?

Output: That is a great question ! It may be , if this is what you are looking for : A policy that you ca n't outlive ; one that will have the same price every month ; one that can provide you with money in an emergency ; and one that you can buy , set up on automatic drafts and forget about . If you want the security of knowing that it is handled , this is the policy type for you . Thank you for asking !


Input: What Does Health Insurance Cost An Employer?

Output: Good question . Normally an employer has to pay at least 25 % of the premium and sometimes they pay up to 100 % , that 's up to them . So if the plan is $ 300 for you alone , if they pay 50 % -LRB- which many employers do -RRB- they would be paying $ 150 and you would probably pay $ 75 per 2 weeks which of course equals $ 150 monthly .


Input: Does Medicare Pay For Hip Replacement Surgery?

Output: As a general rule , surgery that Medicare considers medically necessary is a covered expense under original Medicare . Joint replacement surgery -LRB- including hips -RRB- is relatively common among Medicare beneficiaries . This type of surgery is handled on an inpatient basis which should be covered by Medicare Part A . The surgeon 's charge is Part B .


Input: Does Medicare Pay For Hip Replacement Surgery?

Output: Hip replacement surgery is covered under Medicare Part A because you will be admitted into the hospital for that type of surgery . When you leave the hospital Part B of Medicare will cover your follow up doctor 's visits and any physical therapy the doctor wants you to have . If you have a Medicare Supplement to go along with your Original Medicare your out of pocket cost for hip replacement surgery should be very low .


Input: Does Insurance Cover A Tree Parked In The Street Crushed By A Falling Tree?

Output: If no one heard it fall did it make a sound when the tree crushed your car . OK , could not help myself . Your automobile comprehensive coverage would cover the damage from a falling limb . As for going after a homeowner , it 's almost impossible to prove negligence unless the homeowner had been warned both verbally and in writing that his or her tree presented a hazard . Otherwise it 's simply an act of God and the property owner is not liable . This happens allot actually . My best advise is to avoid parking under trees . If the limbs do n't get you the sap and birds will .


Input: Does Insurance Cover A Tree Parked In The Street Crushed By A Falling Tree?

Output: I am going to go out on a limb here -LRB- sorry about that -RRB- and guess you mean a CAR crushed by a falling tree . IF the auto insurance policy has `` comprehensive '' coverage the damage will be covered by the auto policy . IF the property owner on which the tree stands was negligent in maintaining the tree , i.e. the tree was dead and likely to come down at any time , coverage may be provided under the liability portion of the property insurance policy . However a healthy , maintained tree brought down in a windstorm is not the result of negligence on the part of the property owner .


Input: Does Insurance Cover A Tree Parked In The Street Crushed By A Falling Tree?

Output: Falling objects whether they are trees , airplane parts , stones from a gravel truck or something else are covered under comprehensive . Comprehensive covers the physical damage of your vehicle for everything except collision . Fire , theft , vandalism , as well as chipped windshields are a typical comprehensive claim . Comprehensive which is an optional coverage since it covers your vehicle usually has a deductible . Once you satisfy the deductible the insurance company pays the rest . It can be frustrating to pay the deductible when you have n't done anything wrong . If the damage was caused by someone who was negligent , let your insurance company know so that they can subrogate for your deductible as well as what they paid out . The age of the tree does n't matter , but the condition might especially if you have proof that the owner knew .


Input: Does Insurance Cover A Tree Parked In The Street Crushed By A Falling Tree?

Output: Great question ! If the tree fell due to negligence -LRB- it was dead , or had significant rot and was a hazard that was n't fixed -RRB- then whomever 's property it sat on may be liable for the damage to your car . If it was your tree , then your comprehensive coverage clause in your auto insurance policy should cover it . If it was a healthy tree that was felled by `` an act of God '' , you may have a rougher time collecting . If you have more questions , feel free to contact me , I 'd be happy to help ! Thanks for asking !


Input: How To Cancel Allstate Life Insurance?

Output: Before you cancel any life insurance policy , you should talk to your agent to make sure it 's the right move for you . 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 . Third , if you 're cancelling it because of premium affordability , you may have an option to simply reduce the face amount or term period of the coverage to reduce the premiums . After all proper considerations are done and you still want to cancel the policy , you can do one of two things : 1 -RRB- simply stop paying the premiums and the policy will just lapse on its own 2 -RRB- call the carrier and tell them to terminate the coverage -LRB- if you have a permanent policy with cash value , you can request to receive the cash value proceeds -LRB- less any surrender charges or loan fees -RRB- , if applicable/available . Please let me know if I can be of further assistance . Thanks very much .


Input: What Is The Enrollment Period For Medicare Part B?

Output: Generally , it is 3 months prior to turning 65 , the month you turn 65 and 3 months after you turn 65 . However , some people who have a group plan through their employer delay Part B until they leave the group plan . If this is the case you can enroll in Medicare Part B when you are getting ready to leave the group plan . People who are on a group plan should compare the benefits they have with what they could get with a Medicare Supplement along with Medicare Part A & B. Often times you can save money and get equal to or more comprehensive benefits .


Input: Does Medicare A Cover Emergency Room?

Output: Emergency rooms are considered outpatient care . It does not matter if they are attached to or affiliated with an acute care hospital , the ER is still outpatient . Even if you are admitted to the hospital via the ER , any bills accumulated as an ER patient are tabulated as outpatient . Medically necessary ER claims are covered under Medicare Part B .


Input: How To Read A Car Insurance Quote?

Output: A car insurance quote is very easy to read . Naturally , the cost is the rate that you pay . It will typically be shown in monthly or semi-annual formats . The deductibles are referring to collision and comprehensive benefits and the liability limits are the bodily injury and property damage figures . If you need help , contact us !


Input: Can My Boyfriend Add Me To His Car Insurance?

Output: If you are living in the same household then he should put you on the list of drivers . The insurance follows the car and that is linked to a household . The person buying the insurance is in the household and can loan the car to whoever he wishes . The insurance covers the automobile . If you are not living together there wouldnt be anything gained by putting you on the policy .


Input: Does Life Insurance Have PPI?

Output: No , life insurance does not have PPI added into the premium . Payment Protection Insurance is popular in Europe -LRB- especially in the United Kingdom -RRB- and Australia , but has been the source of some scrutiny when added to loan repayments without the borrower knowing it , or when consumers have been coerced into purchasing it .


Input: Who Is Exempt From Buying Health Insurance?

Output: Individuals who qualify for their states Medicaid program , and those who are covered by a family members policy . Medicaid is a federal program that is managed and implemented on the state level , it has been traditionally provided to low-income individuals who fall below the poverty line . However it looks as though it will be expanded by PPACA to include those who fall below 200 % of the Federal Poverty Line -LRB- however there is quite a bit of time between current guidelines and January 1st . 2015 -RRB- . The only other way that you can be exempt is if you are listed as a dependent on someone elses policy .


Input: Can I Claim Back Critical Illness Insurance?

Output: I am going to assume you are asking about back payments -LRB- retroactive -RRB- rather than benefits for illness or injury to your back -LRB- which may or may not be covered under your critical illness plan -RRB- . Most policies have a time limit for filing a claim , usually 6 months but your policy may have a longer or shorter time frame .


Input: Can I Claim Back Critical Illness Insurance?

Output: If you have a return of premium rider on your critical illness insurance policy , you can claim back critical illness insurance premiums , minus any claims that were paid . Some companies integrate this feature into their policy , so that a policy that is cancelled after a certain length of time will have its premiums are paid back to the policyholder .


Input: Who Is The Medicare Carrier For Ohio?

Output: Medicare is a Federal run program administered by the Center For Medicare and Medicaid Services . An individual who qualifies for Medicare can also select a Medicare Advantage Plan . Medicare Advantage is under the oversight of the CMMS , however the plans are administered by private insurers . These plans are available in certain areas . You can find what is available at Medicare.Gov or an agent knowledgable in Medicare Advantage Plans can help you find a plan in your area . The most common in Ohio are United Healthcare , Anthem , Humana , and Aetna.There are also some smaller local plans such a SUMMA , and AultCare in the Akron Canton area .


Input: Who Is The Medicare Carrier For Ohio?

Output: Medicare Part A and Part B is provided by the Social Security Administration for every state , including Ohio . To apply for Medicare in Ohio , you can call the Social Security Administration at 800-663-4227 -LRB- 800-MEDICARE -RRB- . If you are looking for Medicare Supplemental Insurance , there are a number of companies that sell this type of coverage in Ohio . You may be able to get a quote through your own health insurance provider .


Input: How Much Does Medicare Cost A Retiree?

Output: Medicare Part A covers inpatient hospital stays , care in a skilled nursing facility , hospice care , and some home health care . If you have paid Social Security taxes for at least 40 quarters -LRB- 10 years -RRB- this coverage is free . Part B of Medicare covers doctor office visits , preventive care , diagnostic tests , physical therapy , hospital outpatient services , radiation and chemotherapy treatments , kidney dialysis , durable medical equipment , ambulance services and some home health care . You pay a monthly premium to the Federal government for this coverage .


Input: How Much Does Medicare Cost A Retiree?

Output: Most eligible retirees do not pay a premium for Medicare Part A . Once you have accumulated 40 Social Security credits -LRB- that means you have paid Social Security employment taxes for 40 or more quarters -RRB- you do not have to pay a Medicare Part A premium . Most eligible retirees pay a monthly premium of $ 104.90 for Medicare Part B for 2014 . This premium is however more for higher income individuals/couples . A premium chart is available on Medicare.gov . A typical stand alone Medicare Part D prescription drug plan will cost around $ 30 per month . Each of these parts of Medicare -LRB- A , B , and D -RRB- have deductibles and co-payments/co-insurance ; all details are available on Medicare.gov . Retirees often purchase a Medicare supplement insurance policy for an additional premium to provide coverage for Medicare Part A and B deductibles and co-insurance , or enroll in a Medicare Advantage Plan -LRB- Part C -RRB- to package and control costs of Medicare coverage . The average annual out of pocket cost per Medicare beneficiary per the most recent data is $ 4,600 per year . Any individual 's `` cost '' of Medicare will ultimately vary based upon their unique attributes and circumstances ; but to understand the variables and get some control over costs it isadvisableto meet with alicensed insurance agent/advisor who specializes in the senior/Medicare market .


Input: Can I Get Life Insurance If I Have Diabetes?

Output: Yes you can . The rate will depend on age of onset and degree of control . You will probably pay a higher rate but you can get insurance . A good independent life insurance agent or broker can look at your individual situation and find a company that is affordable for you .


Input: Can I Get Life Insurance If I Have Diabetes?

Output: Certainly ! With the increasing number of Diabetes diagnoses , insurance companies must offer more products to accommodate this disease if they want to compete in the marketplace . Of course , your premium -LRB- payment -RRB- will be higher than a person who has n't been diagnosed because it could potentially be life threatening . The best thing to do is make sure your Diabetes is under control , whether you take medications or not . That is the key . Less control = higher premiums !


Input: Can I Get Life Insurance If I Have Diabetes?

Output: Can you get life insurance if you have diabetes ? Decades ago the answer was only `` no '' . As treatment for diabetes has improved and the wide range of how well diabetic manage their condition the prospects have changed . Depending on your level of control the possibility of aquiring a policy have improved greatly .


Input: Can I Get Life Insurance If I Have Diabetes?

Output: Most people with diabetes can get life insurance , and if you have had a history of good control -LRB- low A1C 's , no protein in urine , no neuropathy -RRB- you can get any type of medically underwritten policy at reasonable rates . Even if you have had some recent periods of poor control or have some side effects of diabetes , there are policies available . This is true even with the combination of diabetes and heart disease , which used to be pretty much uninsurable . There are a few groups who can have a difficult time finding coverage . Children with type 1 diabetes will most likely need to wait until they are adults to qualify for a policy . Persons under age 50 who have very serious side effects -LRB- amputation , kidney dialysis , blindness -RRB- may need to wait until they are older until they can get a guaranteed issue policy . To get your most affordable diabetes life insurance rate , contact an agency that specializes in that and share your health details . There is something out there for nearly every person with diabetes , and by shopping with a broker who carries many options , you can lock in your lowest price based on your particular health details .


Input: How Much Money Do You Get From Life Insurance?

Output: It depends on the face amount originally issued plus any after issue adjustments . The policy may be a whole life policy that pays dividends . Those dividends can create additional benefits as time goes by . If the policy is a universal life policy , it may be an increasing death benefit type , where the death benefit is the base amount plus accumulated cash value .


Input: When Should An Individual Have Renters Insurance?

Output: Although I have answered similar questions of this nature previously , it is such an important coverage that I will repeat it . While I obviously do not know your particular situation and whether or not your landlord requires you to maintain renters insurance , I can tell you the following that might help you see the value of some of the coverages provided . Renters ' insurance policies provide a considerable amount of coverage for a relatively small premium . For starters , it is extremely valuable coverage in the event of a loss to your personal property from perils such as fire , smoke , theft and others . It also provides some coverage for liability which can be of significant value . Other desired coverages can be economically added . From a personal standpoint , I saw the value first-hand when my Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . No one was hurt but the apartment became uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy , they were reimbursed for all of their burned and smoke-damaged possessions and they received reimbursement for living expenses elsewhere while restoration was being completed . Additionally , the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court ... but the insurance carrier provided them a defense for the negligence allegation . That alone would have cost them heavy legal fees . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time .


Input: When Should An Individual Have Renters Insurance?

Output: If you are renting or leasing a premise then you should have renters insurance to be properly protected . Each individual living in the rented or leased premise should also have their own renters insurance policy if they are not immediate family of the insured to be properly protected . Please contact a local agent to find out more about availability and pricing in your area .


Input: Does Renters Insurance Cover Roof Leaks?

Output: The correct answer here is `` it depends '' . Normally any water that enters from the outside will not trigger coverage . If the roof just plain leaked , then the building owner is responsible for any losses that happen . They have a duty to maintain their property . Their failure to maintain their property makes them responsible for any damage caused by the leaky roof . If , however , the roof leaked as a direct result of damage from a storm , it may be covered . The key words here are `` sudden and accidental '' . A leaky roof certainly is n't sudden , it 's a maintenance issue . My advice would be to contact the building owner and tell them what was damaged . I do n't know how your lease is written , but they are responsible for upkeep of the building . Therefore they should be responsible for any damage to your stuff if it was damaged because of the roof . They may not agree easily .


Input: What Could Easily Get You Dropped From Your Car Insurance?

Output: Attempting to turn in fraudulent claims would be the first thing that comes to mind . If you do no provide accurate information when applying for coverage or when turning in a claim with a carrier they will more than likely not want to keep you on as a client .


Input: What Could Easily Get You Dropped From Your Car Insurance?

Output: Great question ! The easiest ways are to falsify your application or claim ; stop paying it ; Start having multiple accidents , dui 's etc. . I ca n't say any of these are really good things to do , and I would ask why you would want to get dropped . Doing so typically has bad results for you on subsequent attempts to get insured , and driving without insurance is even worse . If you want out of your contract , just call them , and tell them you 'd like to cancel the policy.Thanks for asking !


Input: Does Credit Score Affect Auto Insurance Rates?

Output: It all depends on the carrier and in some cases the state you live in , but generally speaking - Yes - your credit worthyness can impact your auto insurance rates . With carriers who use credit scoring as part of their underwriting process , those with better credit get better rates . Speak with your local independant agent to get a more specific explanation of the use of credit scoring in your area and with the carriers they represent .


Input: What Is The Cost Of Whole Life Insurance?

Output: There are two distinct ways to answer this question . If you want to know the premium for a particular policy today , you will find that depending upon your age that it will be a multiple of a one year term policy of the same amount . If you are looking at how much you will pay over an extended period of time , the whole life policy will normally be much less expensive than the term policy . So the answer is , more than term now , less than term over the long haul .


Input: What Is The Cost Of Whole Life Insurance?

Output: What is the cost of whole life insurance ? The cost is determined by several factors , but the main aspects of pricing are the applicant 's age , height , weight , tobacco use , health history and current health including labs . The cost will vary by classification , what you might pay for coverage will depend on what classification you best fit .


Input: Does Medicare Cover Sleep Apnea?

Output: People who have been diagnosed with obstructive sleep apnea can be eligible for three months of CPAP -LRB- Continuous Positive Airway Pressure -RRB- if that is determined medically necessary . If the CPAP therapy is helpful , Medicare may extend the length of time that the machine rental and purchase of related supplies -LRB- mask , tubing -RRB- is covered .


Input: What Is An Old Life Insurance Policy Worth?

Output: An old life insurance policy is worth the stated cash surrender value or the death benefit of the policy if the insured dies . Value is somewhat dependent on what specifically you are looking at .


Input: What Is An Old Life Insurance Policy Worth?

Output: To determine what an old life insurance policy is worth , you need to determine if the policy is still in effect . If it was a term policy and no one is paying any premiums on it , the policy will have lapsed and not have any value . If it is a permanent policy , you can call the insurance company to determine if the policy is in effect and ask what you would get if you cashed the policy in .


Input: What Is An Old Life Insurance Policy Worth?

Output: If you have your last annual statement review the surrender and/or cash value account and death benefit . If you do n't have a statement , contact the company 's costumer service for an in force ledger . Depending upon the type of cash value life insurance you have and how old it is , it may contain higher credited interest rates . That could be a reason to keep it . And depending upon how old you are , you may receive more money from the life settlement than the cash surrender value .


Input: Can I Get Car Insurance With An International License?

Output: Yes . There are many companies who will insure a driver with an international drivers license . However , many companies will add a surcharge due to not having a way to pull up your driving record . So keep two things in mind that can help save you money : 1 . if possible , providing a recent copy of your driving record from your old country will get you a break on the surcharge with some companies . 2 . it 's very important to shop around with multiple companies when you have a foreign drivers license because companies vary considerably on how they are rated .


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

Output: Pending extenuating circumstances a typical homeowners policy can be written as quickly as hours . If you have all of the information necessary for the agent to get you pricing , you are able to pay the premium , and there are not any risk associated with yourself or the property that carrier is not willing to accept then you could conceivably be covered the same day you apply . I would plan on a couple of days to a week though under most circumstances .


Input: Where Can I Find Cheap Auto Insurance In Connecticut?

Output: We are all pretty familiar with the expression `` you get what you pay for '' . This is pretty rtue for car insurance . There are many carriers who offer low rates for insurance . In Connecticut , like in many states , we have regulations managed by the Department of Motor Vehicles that require car insurance in order to register a car . The minimum coverage is Liability at $ 20,000 per person / $ 40,000 per accident with matched coverage for uninsured/underinsured motorist . That generally will be the least expensive -LRB- though not necessarily because some companies surcharge for lower limits -RRB- . But remember , that wo n't protect the car you just worked so hard to buy . If that is totalled or stolen or bursts into flames or whatever , your cheap insurance wo n't help you .


Input: Where Can I Find Cheap Auto Insurance In Connecticut?

Output: Cheap auto insurance in Connecticut can be found online through experienced brokers and their websites . You can easily compare the best prices and apply online to get affordable auto insurance from the top-rated companies . Typically , there is no obligation and no cost to view your best options . It only takes a few minutes .


Input: Where Can I Find Cheap Auto Insurance In Connecticut?

Output: `` Cheap auto insurance '' can mean acceptance of low liability limits , to keep the price down . The possible repercussions need to be considered seriously in any State . Think about the exposure you have when you drive , especially if and when you have an accident that is your fault . For example , you -LRB- or a family member -RRB- could have an at-fault accident that damage a very expensive vehicle or vehicles and also causes an injury to the other driver and maybe one or more of the passengers . If you have purchased low -LRB- cheap ? -RRB- limits of liability and you are sued , you could be facing the loss of personal assets , if a sizable judgement is assessed against you . Talk to several agents about this .


Input: How Does Peachtree Annuities Work?

Output: Peachtree is a company that buys out annuities and other structured payments from recipients . They offer the recipient a lump sum cash benefit to then have the payment assigned over to them . Depending on the lump sum cash needs of the individual `` selling '' their annuity payment , this may or may not be in their best interest .


Input: Can You Cancel Car Insurance Over The Phone?

Output: Depending on your carrier and your state laws . I have many carriers and most of them you can process over the phone . But I do have one carrier that requires a signed request form along with proof that coverage has been placed with another carrier . If you are canceling because your car is not running there are many things you can do to get a refund and still have insurance that covers you if you are driving another car . Talk to an Agent or a carrier and they can do what is best for you .


Input: Can You Cancel Car Insurance Over The Phone?

Output: You could call your agent or carrier and express your wish to cancel coverage over the phone , but they will more than likely require that the conversation be recorded so that they can keep it on file -LRB- if they have this capability -RRB- or they will require a form be signed and brought or mailed or faxed to them for your file . Without this your request may not be honored .


Input: How Many Kinds Of Annuities Are There?

Output: There are annuity policies that are designed for almost every conceivable situation . Basically they differ in the way that the payout is computed -LRB- guaranteed vs. non-guaranteed -RRB- and the way the money is accumulated -LRB- guaranteed and non-guaranteed . -RRB- Within the non-guaranteed plans there is a range of options from separate funds and indexed funds to specific investments .


Input: How Many Kinds Of Annuities Are There?

Output: That is a great question ! There are a couple of different types of annuities . There are fixed annuities , that pay a certain amount of interest for a designated time ; There are variable annuities that pay an interest rate that changes from time to time ; and there are indexed annuities , that credit an interest that varies depending upon the performance of the specific indexthat they are tied to . There are a great many options available in the annuities of each type . To find the one that is best for you , talk to a qualified agent . If you 'd like help , please inbox me , okay ? Thanks for asking !


Input: How Many Kinds Of Annuities Are There?

Output: There are two categories of non-qualified annuities are : tax deferred and immediate . Tax deferred annuities have three basic crediting methods : fixed interest rates , domestic/foreign indices and separate subaccounts using equity and bond instruments . Immediate annuities offer various distribution periods like 10 or 20 years certain and lifetime income on the annuitant .


Input: How Many Kinds Of Annuities Are There?

Output: Simply put , there are just a few . Fixed Annuities which provide a fixed interest rate , Indexed Annuities which provide an interest rate based on Stock Index performance , and Variable Annuities which are more firmly based on market performance . These can be divided into two basic sub-categories , immediate , meaning they begin payout immediately and deferred , meaning payout will begin at a later date . Any of these can be qualified , meaning they meet certain tax qualifications to be considered retirement vehicles , and non-qualified . Each company will then have some variation of these basic forms of annuities .


Input: Do I Need Car Insurance On A Rental?

Output: If you have a personal auto coverage and you rent a car your existing auto policy will cover you in the rental car , but if you have an accident you will have to pay your normal deductible . The rental car companies make a LOT of money from selling really overpriced insurance and in general it 's a good idea to just say no as long as you do have a personal auto policy . If you do n't have a personal auto policy then you do need to get the rental insurance to at least have the legally required liability coverage . Many credit cards also provide you some rental car insurance for free , so check with your credit card company too .


Input: Do I Need Car Insurance On A Rental?

Output: When you rent a car you are responsible for any accident you might have with the car and are also responsible to return the car to the agency in the same condition as when you rented it . While the insurance offered by the rental company may be overpriced they do not do any of the underwriting and investigation of the driver that a normal insurance company will do . That makes their selection process less critical and their prices higher . The advantage of the insurance that they offer is that you can return the automobile or tell the company where the automobile is located and the insurance that you purchased from them will complete your contract with the rental company -LRB- that is not a legal opinion , just an observation . -RRB- The coverage on your current automobile extends to a car that you have rented . If you have inadequate coverage on your private automobile you will have inadequate coverage on the rental car . If you are involved in an accident the rental company will try to keep the meter running on the rental agreement if you dont have their insurance .


Input: Why Is Term Life Insurance Better?

Output: The only way Term insurance is `` better '' is that it is cheaper than permanent insurance . But then again if the insured does n't die before the term ends you 've just given your money to the insurance company and you and your beneficiary get nothing . So is that better ? The only good thing I can say about term insurance is that it can provide some `` piece of mind '' for a little while until you can afford to convert it to Whole Life and then get not only piece of mind for the rest of your life , but also use the policy for a number of wealth growing strategies and benefit from them while you are still living - and still pass on a nice financial legacy - tax-free . Now THAT 's Better !


Input: Why Is Term Life Insurance Better?

Output: Short answer ? It 's cheap . The longer answer has to do with your intended need for the policy , and for the length of that need . It does n't make financial sense to pay more money for a whole life policy to cover a 4 year need , for example , any more than it makes sense for someone to buy a 5 year term policy and intend for it to cover their funeral expenses when they pass somewhere far down the road . Term policies are great for some things , and not so great for others . Please contact me , and I 'll give you a fuller answer . Thanks for asking !


Input: Why Is Term Life Insurance Better?

Output: Term life insurance can be a better solution depending on what problem you are trying to solve . If the problem is short term then a term solution may be appropriate . If the problem is permanent then the solution should be permanent . There are of course other factors not the least of which is affordability . For example if you want to cover the cost of a loan , term insurance might be your best solution . If you want to leave a legacy then permanent insurance that is in force when you die not if you die before the term insurance expires or before the renewal is too expensive for you . 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: Why Is Term Life Insurance Better?

Output: Term life insurance is n't necessarily better than permanent life insurance - each has their own pros and cons . In short , it depends on what you need the coverage for -LRB- e.g. covering a mortgage vs. estate planning -RRB- . The big advantage of term insurance is you 're getting more `` bang for your buck '' so-to-speak - meaning the rate per $ 1,000 of coverage that you 're paying is much less than permanent coverage , however , the trade-off is that you only get to pay that rate for a short amount of time -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- whereas your rates can be locked in for life with a permanent insurance policy . Once the initial period of premium guarantee expires , the policy changes to either annual renewable term insurance with premiums increasing each year -LRB- based on age -RRB- or the premiums remain the same and the death benefit decreases each year -LRB- this structure can be seen on term insurance that is featured on a universal life chassis -RRB- . There is no cash value build-up in term insurance . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will generally be substantially higher . For both GUL and WL , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I highly recommend consulting with an independent insurance agent/broker to determine what policy benefit structure will best serve your needs , review quotes , and help you through the application and underwriting processes . You can send me a private message by clicking on the `` contact me '' button if you would like assistance with your program .


Input: Can I Have Multiple Life Insurance Policies?

Output: Absolutely ! You can have several policies . But you must report the existing policies usually when you place an new application for an additional one . This is to ensure that you are realistic in the total amount of insurance you will have . For example , if you are earning $ 30K per year , you can not buy life insurance which would as a group of policies , total $ 50 million . It would sound like you are planning to make your family rich by committing suicide in a few years . Other than such absurd extremes , you can get several policies . I know several folks who have 8 policies . Thank you . GARY LANE


Input: Can I Have Multiple Life Insurance Policies?

Output: Yes , you can have any number of policies , as long as the total does not exceed the amount for which you are financially qualified . Sometimes having several types of policies works best for the different types of needs you are trying to cover . Some people just feel safer having their coverage spread between several different companies . It is perfectly acceptable , and sometimes preferable , to have multiple life insurance policies .


Input: Can I Have Multiple Life Insurance Policies?

Output: Great question ! Many people will have a policy , and then have a second one that is part of their benefit package at work . It is entirely possible to have several policies , but the insurance companies will limit the amount that you can be insured for . They will not allow you to insure yourself for the purpose of making your beneficiaries rich , but will tie your amount of coverage to your income , and their losses when you pass . I myself have several policies , as my parents bought small policies at separate times for me when I was very young . If you have more questions , please feel free to contact me . Thanks for asking !


Input: Can I Have Multiple Life Insurance Policies?

Output: Yes - the total face amount of coverage is what carriers are looking at . You can technically have as many policies as you want - this is commonly referred to as stacking policies . Insurance companies have guidelines for the total amount of coverage they will approve for someone though - generally about 20x income . Some companies may allow up to 25x or 30x income . It 's commonly seen when someone wants to create a combination of benefits or they ` relookingtosecure more coverage than the maximum face amount available under a single plan -LRB- generally seen with non-medical term insurance or final expense coverage -RRB- . If you 're applying for fully underwritten coverage -LRB- taking an exam -RRB- , you can secure a substantially higher amount of coverage under a single policy -LRB- up to the maximum allowed for your income per the company 's guidelines -RRB- .


Input: How Does Renters Insurance Claims Work?

Output: Typically you contact your renters insurance carrier 's claims department directly or contact your local agent , they will gather the information necessary to process your claim based on your policy 's coverage . This process is typically quick and relatively painless . It may involve a representative from your insurance carrier coming to your premise to take pictures or gather other information as needed to process your claim .


Input: Can You Get Renters Insurance For A Dorm Room?

Output: I havent done it before ; however , I think it would be possible . Dorm rooms are normally furnished , so your personal property in a dorm room wouldnt be too great . Having said that flat screen TVs , sound systems , books and clothes can add up quickly . You might want to estimate the cost of replacing everything and then remember that if there is a loss there is also a deductible so you will not recover everything that you lose . It might be a good idea .


Input: Can You Get Renters Insurance For A Dorm Room?

Output: You can certainly get renters insurance to cover belongings in a dorm room , but you probably do n't need it . Most college students would be covered by their parents homeowners policy when they leave for college , so renters insurance would n't be necessary . I would recommend you have your parents check with their agent and make sure , but nearly every homeowners policy would have this coverage .


Input: Is An Annuity A Good Investment?

Output: Video Transcript : Hello , everyone . I 'm Steve Savant , Syndicated Financial Columnist and host of the weekly online talk show , Steve Savant 's Money : The Name of the Game . I 'm answering questions from insurancelibrary.com , and today 's question is : is an annuity a good investment ? Well , remember there are several types of annuities . And depending upon which annuity we 're talking about , they 're all deferred annuities that we 're talking about ; and it could be fixed , it could be indexed , it could be variable . Fixed rates would be generally interest rates that are depended on the Treasuries . Most carriers buy Government debentures , and indexing is based on indices both foreign and domestic . And the good thing about that is , is that you have upside potential without any downside risk . Just keep in mind that you do have policy expenses to pay for . Variable annuities are more market-driven and they have exposure to risk , and you could lose your principle . You need to take a risk tolerance test before you get into it . But all three have their place . You have to find out , is this an investment for you ? Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com .


Input: What Should I Do With Life Insurance Money?

Output: The best thing to do with life insurance proceeds is to sit with a trusted advisor . If you do n't know one personally , start with friends , family and co workers for their experiences . Absolutely debt should be repaid but also the money will need to be properly invested in order to use it as a steady stream of income to replace your loved one . I am sorry for your loss .


Input: What Should I Do With Life Insurance Money?

Output: The first thing that advisers recommend is to pay off all outstanding debt . The second is to fund future obligations like college tuition for your children and retirement . The third is spend a little on yourself and your favorite charity . Since youre a recipient of life insurance , make sure you have life insurance on yourself to pass on the blessing to your family .


Input: Is Renters Insurance Per Person Or Per Apartment?

Output: Renters insurance is typically coverage for the insured and the insured 's immediate family that resides with the insured only . If other persons reside within the premise that are not immediate family members of the insured ; then they should secure their own coverage to protect themselves properly . Contact a local agent to discuss your coverage needs and wants to get proper pricing .


Input: Who Bears The Investment Risk In A Variable Annuity?

Output: In Canada , Variable Annuities are called Segregated Funds -LRB- Seg Funds -RRB- or Guaranteed Investment Funds -LRB- GIFs -RRB- . They are similar to Mutual Funds . However , since they are issued by insurance companies , they have different features and benefits . The key features are described in the policy 's information folder . Any amount that is allocated to a segregated fund is invested at the risk of the policy owner and may increase or decrease in value . The policy owner bears the investment risk . As an insurance product , they do have maturity and death benefit guarantees of 75 % or 100 % . Design and options do vary . An independent insurance broker can help you find a plan that is right for you . If you have additional questions , please do not hesitate to contact me . Additional information is available at www.protectandgrow.ca