Input: What's A Fixed Annuity?

Output: That is a great question ! Simply put , a fixed annuity is one that pays a fixed interest rate during the accumulation phase of the contract . When looking for one of these , the trick is to find an interest rate that will cover the fees charged , and outpace inflation . -LRB- Otherwise , you are just slowly losing money -RRB- There are several out there , and a good agent will help you find the one that is right for you . Many people like this kind of annuity , because there is no guesswork on what it will return . I hope that helps , thank you for asking !


Input: Is Medigap Or Medicare Advantage Better?

Output: It depends on your personal situation . I personally like Medigap if you can afford the premiums . With Medigap you will not have to worry about networks , you can go to any doctor that accepts Medicare , and your out of pocket exposure will be much less . Medicare Advantage is a good choice for those with limited funds or those who live in an area where there are strong networks , as long as you do not travel outside the area for extended periods . Medicare Advantage has the Prescription coverage embedded in the plan -LRB- in most cases -RRB- and can have very low or no premium . A good independent agent who handles both Medigap and Medicare Advantage can help guide you . Make sure the agent handles most of the plans in your area and takes time to ask about your personal situation .


Input: What Is The Best Renters Insurance In Oregon?

Output: The best renters insruance coverage is the one in force at the time of a loss . Reners insurance has 3 functions , protect your assets , protect you if you are sued , and pay medical bills if someone is hurt on your property . Getting the cheapest insurance is not always a good idea as the lower price tag often sacrifices coverage . It would be catastrophic to have $ 10k to protect yoru personal property if you needed $ 50k , or if you had $ 100k in liability coverage and you were sued for $ 500k . It 's alwasys a good idea to first understand your need before you make a decision .


Input: What Is The Benefit Of Renters Insurance?

Output: Renters insurance is for renters of homes and apartments as house insurance is for those who own the house . Renters insurance protects YOUR property if there is a loss from say a fire . The biggest issue is what kind of policy you have . Does your insurance give yoy replacement cost or just current value . There is a big difference . Think about what you stuff costs today versus purchasing brand new .


Input: How To Convert 401K To Roth IRA?

Output: The company providing the Roth IRA should be able to support you fully in the process of rolling a 401 -LRB- k -RRB- . Make sure that you understand the tax implications . It is preferable to allow the company that is going to end up with the funds to initiate the roll-over . There are many problems if you start with your 401 -LRB- k -RRB- plan administrator as they are required to inform the IRS of any withdrawal from the plan . It is better if the proceeds pass from the current plan administrator to the company providing the Roth IRA


Input: When can college students enroll in health insurance?

Output: If you 're not eligible for special enrollment , you will have to wait until open enrollment which begins in November . I would recommend working with a health insurance broker who can help you get your coverage set up and walk you through the entire process from start to finish to make sure everything is handled smoothly . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: How Much Is Car Insurance For A 16 Year Old?

Output: In Montana you can not legally own a car titled in your name only you would have to have an adult on the title . In that case they would have insure the car or you can get insurance but you would have to list the adult as a driver . also which would make the rates much lower then on your own . The carriers that we use at our agency the average teen with a clean driving record cost about 100 a month with liability only on most 4 door cars trucks are a bit more . . I would talk to a local agent and find out what your state guidelines are


Input: Can Overweight People Get Health Insurance?

Output: Yes , under the provisions of the Affordable Care Act -LRB- ObamaCare -RRB- , major medicalhealth insurance policies issued on or after January 1 , 2014 can not deny a person coverage and must cover any pre-existing health conditions immediately . This applies to both the individual and the group heath insurance markets . Therefore , height/weight tables can no longer be used for underwriting a policy and a person can not be declined for coverage for being obese . To be clear on this matter , the provisions I have described above apply to individual and group major medical policies . Short Term Medical policies are not subject to the provisions of the Affordable Care Act and these policies often have a screening question regarding the weight of the applicant and in the case of these specialty policies an applicant could be declined for coverage if they are obese .


Input: How Long Should You Have Term Life Insurance?

Output: The length of time needed for a term life insurance actually depends on the reason the policy was purchased . If the policy was purchased to insure a debt and the debt is repaid , then the policy may need to be cancelled . If the policy was purchased to replace income and the need is still present , then the policy should be left in force or reviewed to be changed if need be ,


Input: How Long Should You Have Term Life Insurance?

Output: Term insurance comes from the term temporary , certain period or certain term . Term life insurance can be purchased for 5 years , 10 years , 15 years , 20 years , 25 years and 30 years . The length of time that you should have it depends on a case by case basis . You have to look at debt , expenses , the age of children , is there a college education to fund to determine what would best number of years to purchase the term insurance .


Input: How Long Should You Have Term Life Insurance?

Output: You should have Term Life Insurance as long as you have needs that would be unmet if you were to pass away . E.g. Do you have children at home who rely on your income ? Debts that your family would be left to pay ? A business partner who would be left hung out to dry ? Would loved ones need to take up a collection to pay for your funeral ? These are just some of the many reasons people keep their Term Life Insurance . If all your needs are provided for and you feel confident that no end of life medical bills or other expenses will deplete your reserves , you no longer need Term Life Insurance .


Input: How Long Should You Have Term Life Insurance?

Output: Term life insurance is really only for specific needs because term life is only insurance against a person dying `` too soon '' . -LRB- Of course dying at any time is `` too soon '' in most people 's opinion ! -RRB- The point being that there are debts or spouse and or children that would need to be financially cared for in the case of the demise of the insured . And that after a certain point in time those issues would no longer be relevant . In my opinion Whole Life is a much superior product and has benefits and advantages for the entire life of the insured no matter how well off the family is and if there are no debts ! You should consult with an experienced Insurance Adviser / broker to help you with your specific situation .


Input: What Company Has The Best Long Term Care Insurance?

Output: The best long term care insurance company and its product must be determined by gender , age , smoking status , health history and current health condition . That being said , there are only a half dozen or so long term care insurance companies in the brokerage market . Genworth should be considered as a leader in the long term care insurance market .


Input: How Much Does The Average Health Insurance Plan Cost?

Output: You can get a good idea of the average for your area of the country by checking out the WEBSITELINK website . Under the ObamaCare -LRB- healthcare reform -RRB- program you might qualify for free or reduced costs on your plan , even on your deductibles . You may not ultimately decide to buy a plan through the exchange , but it 's great for seeing what the average cost should be , and to see if you qualify for a premium subsidy -LRB- which many people do -RRB- !


Input: How Much Does The Average Health Insurance Plan Cost?

Output: Unfortunately there 's too many factors that go into premium pricing to say what an average plan costs . Under the new Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . This is where an independent insurance agent can really help you . They can work with you to look at a wide range of options from many of the top carriers in the industry .


Input: How Much Does The Average Health Insurance Plan Cost?

Output: There is no easy answer to this question , since there are so many variables . Some of the factors affecting price are your age , general health , tobacco usage , state of residence , whether your plan is an individual policy or part of a group plan - and the degree of cost contribution by your employer . On top of that , the provisions of the plan are so varied that the best way to determine the cost of coverage would be to ask for a quote with your specifics in mind .


Input: Does Wells Fargo Offer Mortgage Life Insurance?

Output: Wells Fargo advertises mortgage insurance or private mortgage insurance , through a third party life insurance company . Mortgage insurance is generally required when the down payment is insufficient for the banking institution to protect their perceived market exposure and is usually paid through the escrow account that manages the mortgage payment .


Input: Does Wells Fargo Offer Mortgage Life Insurance?

Output: Wells Fargo -LRB- the bank -RRB- does not offer/underwrite life insurance as they are a bank . They do , however , have an agreement with at least one life insurance company that underwrites policies that are solicited through Wells Fargo . Meaning , Wells Fargo makes money by passing on information of their new mortgagees to insurance companies and agencies as an extra revenue source . It also broadens their product offering . If you google `` wells fargo term life insurance '' and you read the fine print it will say the name of a life insurance company in there .


Input: Who Is The Cheapest Auto Insurance In Nebraska?

Output: It is hard to tell who would be the cheapest for you or your situation and no way to give you the exact company . There are many companies that offer auto insurance in Nebraska at this time . There are many factors that will determin how much you will pay for auto insurance such as age , credit , where you live , type of auto and many more . My agency offers many carriers and we do not guess but shop all of our carriers that an individual would qualify to find the best price . Contacta local independent agencies so they can speak with you and shop for the company that best fits your needs both policy and price and please do not be afraid to ask questions . It is important to work with someone you feel comfortable with . Thanks , Frank


Input: What Is UCR In Health Insurance?

Output: UCR is short for `` Usual , Customary , and Reasonable , '' meaning your health insurance company will only pay what they consider to be a usual , customary , and reasonable charge for any covered expenses you incur . If your doctor is in your insurance company 's network , then they have agreed to accept this UCR as payment in full . However , it 's not uncommon for a doctor to refuse to accept health insurance , or to participate in any HMO or PPO network . In such a case , if you doctor charges more than the amount your insurance company considers to be UCR , you are responsible for the rest of the bill . Worse yet , any amounts you pay above UCR will not count towards your deductible or your out pof pocket spending limit . If you ever find yourself in such a situation , I suggest working with a medical bill negotiation service . Most of these services cost nothing if they do not save you any money , and only charge a small percentage of any amount they are able to help reduce your bills -LRB- typically 30 % of the savings -RRB- .


Input: What Is UCR In Health Insurance?

Output: Ever read your health insurance policy ? Did you make it past page 2 before you fell asleep or had to untie the knots in your brain ? These are n't written for you , the consumer . They 're written by lawyers , for lawyers . That means they use a lot of terms and language that have specific meanings . UCR is one of them . In this context , UCR stands for `` Usual , Customary , and Reasonable '' . It means that your health insurance company will only pay what is ... here it comes ... usual , customary , and reasonable . It 's there to protect them , not you , from being charged exorbitant prices for services that are usually much less expensive . These days , it 's not all that uncommon for a doctor to refuse to accept health insurance from their patients . That 's because they want to charge whatever they want and not have to worry about a fee schedule or terms like UCR . Be smart . Ask questions , especially with health insurance . If you have a good agent they will spend the time with you to make sure you understand your coverage .


Input: Can I Change Medigap Policies?

Output: You can change Medigap plans any time you wish , as long as you can pass medical underwriting . When you are initially eligible for Medicare , and your Part A and Part B begins , you have 6 months to sign up for a Medigap plan without evidence of insurability . You can change as many times as you want during that 6 month period . After that time evidence of insurability is required in most states .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: Each life insurance company is likely to perform a blood test before issuing life insurance . Certainly for any amount over 100k . That blood test will detect nicotine in the system for the past several months . If you say you never smoked , the test will not go back that far , but other records will and they may check those . Lying to a carrier will result in termination for material fraud , although that may only go back two years from the application in most cases . Even vapor smokes now in use , are testable and show nicotine . Had a client have his rates increased due to smoking vapors . Be honest and find a company you can trust . Thank you . GARY LANE .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: They take your statement in good faith , if they find out postmortem that you innocently may have had your status as a smoker misunderstood . They would honor the policy but adjust the benefits according to the premiums that were paid . This would not be an issue that at the end of the contestable period would be grounds for contract rescission . By the way it is `` the use of tobacco products '' within the 9 months prior to entering into the life insurance contract that constitutes a `` smoker '' .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: Well for one thing , in most cases there is a question on the application asking about the use of tobacco . Another way is that in many cases the subject will come up on a paramedic exam , which may also include the collection of blood and urine samples , which will show levels of nicotine etc. . Records from your doctor will be ordered and reviewed by underwriting and they may identify you as a smoker .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: Most life insurance applications ask if you smoke . Depending on the size of the policy and the company , you may be asked to take a urine , blood , or saliva test . If you lie on an application and die within the two year incontestability period a company may question the issue based upon cause of death , and could either adjust the death benefit or refuse to pay the claim and refund the premiums paid depending on the circumstances .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: If there is any written medical record of your smoking , like your doctor 's chart notes for example , chances are it will be in the MIB records . When you apply for insurance , you grant permission for an insurance company to check your medical records and other history and they may come across it there . Most all companies , if you are looking for best price will also test for nicotine in your system as part of the exam process . Those companies that do n't test , just factor it into the price . So you pay like you do smoke in those cases or somewhere close to . One thing to keep in mind if you decide to miss the right answer when it comes to smoking is that some states refuse to let insurance companies settle a claim at a smoker rate . They have blocked insurance companies from paying the lesser claim and require the insurance company just to return premium . In the case of smoking , these states even waive the two year contestability window . Always check for any special state conditions when signing off on an application .


Input: How Does A Life Insurance Company Know If You Smoke?

Output: There are several ways that a life insurance company can know or learn that you smoke -LRB- what you smoke was not specified but we 'll go for tobacco on this one -RRB- . 1 -RRB- Self Reporting - they ask you on your application if you are a tobacco user and , depending upon the value of the policy being applied for , may ask for fairly detailed information on your type and frequency of tobacco usage . So , to honestly complete the initial application the applicant themselves should be the person informing the insurance carrier about their tobacco use status . 2 -RRB- Physical Exam - as a condition of your application you may be required to get a basic physical examination where things like height & weight can be verified and where , quite often , blood and/or urine samples are also taken to screen for health issues and to detect drugs such as Nicotine in the applicant 's system . 3 -RRB- Electronic Medical Records - most life insurance carriers will check your application 's answers against information about you in the Medical Information Bureau . An indicated history of tobacco use when none is reported on the person 's application would be an underwriting red flag . Also , information about whether you have been issued life insurance as a smoker , declined or rated as a smoker on a life insurance application can also turn up . 4 -RRB- Leg Work - few of us will have this problem , but if you are applying for a really large amount of life insurance the insurance carriers may actually conduct investigations into an applicant 's background and medical history . These may include interviews with friends and family . So , if they figure out you are really a Mafia boss rather than the president of the local trash company , your application for $ 50 million in coverage may get turned down . To take out a life insurance policy as a non-smoker when you really are a smoker would be an act of fraud -LRB- a misrepresentation on the applicant 's part -RRB- . And even if you were to get issued at a non-smoker 's rates that does n't mean you are home free . Life insurance policies standardly have a two year contestability provision in them where the insurance company can terminate or adjust the policy if it can prove that you made any false statements on your application . But , if your misrepresentation about your tobacco use is determined to meet the legal requirements of fraud -LRB- pretty good chance they will -RRB- then the contestability period is indefinite .


Input: How Much Does High Risk Health Insurance Cost?

Output: The average cost in the country for a health insurance plan is $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to you . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Under the new Affordable Care Act , each individual health plan is guaranteed-issue , meaning you can not be declined for health insurance for a pre-existing condition or other health-related issue , nor charged a higher amount -LRB- e.g. level 1 rates , level 2 rates , level 3 rates , etc. as it was under the old structures -RRB- . If you 're an individual buying on or off the exchange -LRB- and not securing group coverage through an employer -RRB- , you need to consider the level plan you want . There are four metal plans : bronze , silver , gold , and platinum . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be . There 's also a catastrophic plan , but these are only available to individuals under age 30 . Your premiums are now based on the type of plan you have , your zip code , whether you use tobacco products or not , and your age - premiums will vary by carrier . You may also have a subsidy available to you to reduce the cost of your health insurance premium . There are many factors that go into the pricing of a product for a specific area . Everyone 's tolerance for cost is different as well . I always recommend consulting with an experienced broker to help you determine the plan that 's going to be suitable for your needs and budget . Please let me know if I can be of further assistance . Thanks very much .


Input: Does Medicare Cover Ob Gyn?

Output: < a title = '' Part B covers certain doctors ' services , outpatient care , medical supplies , and preventive services . '' href = '' WEBSITELINK rel = `` nofollow '' > Medicare Part B -LRB- Medical Insurance -RRB- covers pap tests/pelvic exams : Once every 24 months for all women Once every 12 months if youre at high risk for cervical or vaginal cancer , or if youre of childbearing age and have had an abnormal Pap test in the past 36 months You can check to see if any individual test , item , or service is covered by Medicare by going to the Medicare.gov website . The entry box to check your test , item , or service is prominently displayed on the main page of Medicare.gov . If you have further questions about coverage of any item , you can call Medicare directly .


Input: Does Disability Insurance Make Sense?

Output: Unless you have significant savings set aside for 30 months or so , you may need to consider disability insurance . The average disability can run 30 months . Most working Americans have 90 days in cash reserves . Is it important to have a paycheck coming in ? Disability insurance is paycheck protection .


Input: Does Disability Insurance Make Sense?

Output: That is a great question ! There are many kinds of insurance out there , so it can become confusing what we should really spend our hard earned money for , and what we should pass on . If your employer offers disability , take it . Nearly 60 % of the bankruptcies worldwide are the result of a medical issue . Good health insurance , and a good disability policy can make the difference between you , and another statistic . Please get with an agent or your HR person , and get a policy that works for you . Thanks for asking !


Input: How Old Do You Need To Be To Get Medicare?

Output: Most people will be enrolled in Medicare automatically at age 65 . You can qualify at a younger age if you meet the definition of Social Security disability and have been disabled and receiving disability benefits for 2 years . You can delay Medicare Part B if you are covered through an employer group health insurance plan .


Input: How Old Do You Need To Be To Get Medicare?

Output: Unless you have end stage renal disease or are eligible to get Disability benefits through Medicare , you must be 65 years old to receive Medicare benefits . Even if you retire under age 65 and opt to receive reduced Social Security income , you can not receive Medicare benefits until you turn 65 .


Input: Does Lojack Lower Car Insurance?

Output: It may . Many insurance carriers will provide discounts for either vehicle alarm systems or recovery devises -LRB- such as Lojack -RRB- . Having protection systems on your vehicle could potentially save you from two to twenty percent on your rates depending on the carrier . Please contact a local agent to find more about coverage availability and pricing within your area .


Input: What The Best Type Of Life Insurance For Me?

Output: To know the best type of life insurance for you , I 'd need to know some things about you . 1 -RRB- Above all , what are your needs for your life insurance ? Do you want a small policy to use for your funeral and other final expenses ? Do you want a policy that would get your three teenagers established if something happened to you ? The best life insurance for those two scenarios are very different . Discerning your purpose for your life insurance helps professionals such as myself figure out the best type and amount of coverage you need . 2 -RRB- How old are you ? Do you have any health problems ? Do you smoke ? Questions such as this give us the tools to find your best rate . 3 -RRB- What is available for you ? This is a questions we agents must answer . Some life insurance agents carry one brand of life insurance , others offer policies from scores of companies . Some agents will push one type of policy on you , others will hunt around for your best option , even if they have to refer you elsewhere . You can save a lot of time and frustration by starting with an agency who will go the extra mile to find your best type of life insurance , right from the start .


Input: What The Best Type Of Life Insurance For Me?

Output: Your question illustrates the need for competent life insurance agents . Unlike the TV ads insurance products dont sit on a shelf , where you can browse and select what you want . Instead they usually require some evaluation and analysis . A licensed agent should listen to you , provide solid financial advice and communicate clearly with you and the insurance company . Bringing together your needs , the companys capability and making the plan affordable is the agents business .


Input: How Does A Sole Proprietor Retire?

Output: In Canada a `` Sole Proprietor '' often refers to a business owner who is not incorporated . If that is the case then there is no `` going concern '' business to sell only the assets of the business -LRB- Loss of good will . -RRB- If the business is incorporated , the shareholder can sell the company and benefit from the capital gains exemption . Whether or not a sole proprietor should incorporate is something that should be discussed with his or her professional advisors . Business owners face additional challenges when planning for retirement because often the business is not only their source of revenue it is their greatest asset . A Retirement Planning Checklist and additional information on retirement and business succession planning can be found at www.jpw.ca . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: How Does A Sole Proprietor Retire?

Output: A business owner uses a business to convert their human capital -LRB- skills , energy and time -RRB- into a stream of income . However converting that business into a stream of retirement income is a different issue . When a business owner wishes to retire they remove from the business one of its greatest assetsthemselves ! There are a couple of options facing the business owner to use a business to generate retirement income . The first option is to sell the physical assets of the business for the best price possible and close the business . Under the best circumstances this approach will yield a percentage of the value of the assets and generates nothing from the good will of the business . However , this approach will free the business owner from all responsibility for the business and they can invest their time as they wish , free from the concerns of the business . A second option is to sell the business as a going concern . Selling a business is complicated . Whoever buys the business expects that the business will pay for itself . People dont buy a business on a whim . Unless the potential buyer of the business can secure outside financing -LRB- which is quite unusual -RRB- the business owner is actually going to become the banker for the people buying the business . The result is that a business owner will likely fail to realize the full value of the business . In most small businesses it is the personality of the owner that makes the business successful . When that owner retires the greatest asset of the firm has left as well . Even your best employee can not replace you . So now the business owner is the banker for a company that is probably going to be less successful and that will not generate much retirement income . Many sole-proprietors have poured all their profits into the company . When they want to retire they find that they have invested in little else . Since it is expensive and complicated to establish a retirement plan for the employees the entrepreneur forgets to set aside money for his own retirement . If the business owner establishes a retirement plan , that plan might reduce the value of the business because of its long term obligations . Often successor management fails . Making a success of a small business isnt easy . If successor management fails owing the original business owner money , that business owners retirement income is jeopardized or worse yet , the former owner might have to come back into the business at a time when it is inconvenient and perhaps damaging to their health . An entrepreneur can accumulate money for his own retirement by setting aside funds early in the business development . This is really difficult when the business is screaming for more cash . However , setting up a pension plan or other savings plan is crucial in order to have money on which to retire . Grooming successor management can be expensive and difficult but it is the only way to prepare a stable person with the capacity to purchase the firm . There needs to be a direct transfer of the face of the company from the original owner to the successor . The bookkeeper may be great but he is unlikely to lead a company into success when high personal contact is required . A business owner might consider selling the physical assets of the business , and also negotiate a contract that in exchange for a fee for a period of time at a stipulated rate the original owner will provide consulting for the successor . Then rather than paying a debt which is not deductible the successor is paying wages or a fee and that is deductible . The original business owner is receiving income rather than interest and payment of a debt . A business may have limited value when it comes time to retire . Plan for your retirement now , while you can .


Input: How Does A Sole Proprietor Retire?

Output: The answer to the question is that you do it when you 're ready . Now that my feeble effort at humor is out of the way , there are ways to leverage your company success into a retirement . You could work a mutual purchase agreement with a similar competitor . You could groom a key employee as a successor-buyer and help them finance the purchase or down payment . You can secure the sale with life insurance too .


Input: Who Really Needs Disability Insurance?

Output: Anyone who relies on an income needs disability insurance . Unless you 're able to retire tomorrow , it 's unlikely your savings would last more than 6 months in the event of a disability that kept you from working . Disability insurance pays a benefit in the event that you can no longer work due to an illness or injury . 1 in 4 of today 's 20 year olds will become disabled at some point in their working career , so there 's a higher probability of you becoming disabled than you might think .


Input: Who Really Needs Disability Insurance?

Output: Anyone who works full time should have disability insurance which is paycheck protection . Most Americans have 90 days of cash reserves . The odds of a disability occurring during your working lifetime is significant . The average disability insurance for a healthy middle aged worker is 3-5 % of their compensation . It 's the most neglected insurance and the most important .


Input: Can I Get Life Insurance With PTSD?

Output: Yes however you will most likely not get standard rates , depending on the severity . A lot depends on the medications you are on , the reason for the PTSD , the doctors evaluation and the extent you are disabled due to the disorder . Worst case you will be able to get a guaranteed issue plan . Talk to an experienced agent about your situation . A good independent agent can help find the plan that is best for you .


Input: Can I Get Life Insurance With PTSD?

Output: Can you get life insurance with PTSD ? It is going to depend on your individual situation . Health conditions are not always a yes or no answer , but a maybe . PTSD is a maybe situation where you pre-underwrite with carriers to see whom will give you the best possible rate .


Input: Can I Get Life Insurance With PTSD?

Output: Being on Disability while having PTSD -LRB- post traumatic stress disorder -RRB- makes it difficult to get a medically underwritten life insurance policy . However , we have found one carrier that will issue a non-graded , no exam policy with this disorder , and there are many graded policies that can be had with PTSD severe enough to go on Disability .


Input: Can I Get Life Insurance With PTSD?

Output: Post-traumatic stress disorder -LRB- PSTD -RRB- has a couple of diagnostic items to review that seem to accompany this psychiatric condition . PSTD has secondary complications such as drug and/or alcohol abuse is indicator that the recovery has not been initiated . Two other items are difficulty holding down a job or divorce , sometimes spousal abuse occurs . Some life insurance companies discriminate PTSD between domestic and combat orientation . Ongoing management medication may also debit the underwriting balance sheet . All health considerations taken into account , PTSD should be standard issue with most impaired risk life insurance companies .


Input: Can I Buy Just One Month Of Car Insurance?

Output: Auto insurance is normally written for a term of from six months to one year . Most insurance companies will allow a policy to be cancelled at any time and any unearned premium is returned to the customer . Many companies provide for payments to be made electronically on a monthly basis . If you are looking to buy a policy to satisfy a state requirement and then let it lapse , you will find that when you have an accident , you will probably get another ticket if you are not currently insured .


Input: Is A Metlife Variable Annuity A Good Investment?

Output: Met life variable is directly related on how well the Dow Jones Does . If the Dow Jones has a bad year meaning it goes down in value in the full year , than most likely your variable will too . The variable will swing up or down just like the stock market . If you anticipate a bad year in the Dow Jones then your variable will to in most cases depending on what its invested in .


Input: What Brings Car Insurance Down?

Output: There are a couple of things that can positively affect the pricing of a car insurance policy . All companies take your driving history into consideration , and many also include credit history as well as an underwriting factor . So , if you are a careful driver and pay your bills on time , in most cases this will help save you money on your car insurance . In addition , many companies offer discounts if you insure more than one thing with them . These `` bundling '' plans can not only save you money , but will also save you time in that instead of having to make one call about your car , one about your home and a third abouit your life insurance and another about your motorcycle or boat , One agent can help you .


Input: I Have A Qualified Variable Annuity. What Is That Exactly?

Output: That is a great question ! I 'd strongly advise that you check with your annuity 's agent or your tax adviser before doing anything . You mentioned that you were willing to pay penalties and taxes , so I 'm assuming that there is a pressing need for cash , or a great dislike for the policy/agent/company that has caused you to decide to gut your annuity ? If so , I 'd again advise caution . If you surrender your annuity , and it was meant to fuel your retirement , what is your plan to replace it ? Will you end up suffering for many years for a temporary hardship if you surrender the annuity ? Maybe it might be wiser to see what cash withdrawal you can make from the annuity without fees -LRB- you are allowed a certain amount without penalties or fees , and more if you are willing to pay any surrender fees that may still be applicable -RRB- and leave the annuity intact ; you may also want to look at borrowing from a cash value of any whole life policy that you may have , as that also is a quick and relatively painless way to get cash . If your heart is set upon surrendering it , please bear in mind that there will be a 10 % penalty , possible surrender fees , and a major tax bite from the amount that you might expect to get . Please assume that if you are lucky , you will recieve roughly half of what you are expecting to receive , depending upon your tax bracket . This type of investment is designed specifically for saving , and stopping the process is very costly . To start the process , contact your agent who sold you the annuity , or the plan administrator , and tell them of your intentions . If you would like to discuss this further , please do not hesitate to contact me , okay ? I 'd be happy to help . Good luck , and thank you for asking !


Input: I Have A Qualified Variable Annuity. What Is That Exactly?

Output: Qualified funds are funds that get special tax treatment through some particular provisions of the IRS code . IRA 's , 401 -LRB- k -RRB- 's and 403 -LRB- b -RRB- 's are all examples of qualified plans . It sounds like you have been making these contributions directly -LRB- ie : not through payroll deduction -RRB- , so your Variable Annuity is most likely an IRA . If that is the case it could be either a traditional IRA or a Roth IRA . The tax ramifications of your withdrawal will be different depending which type of IRA it is . As always , you should consult with your tax adviser before making any decisions . If you have a traditional IRA you most likely took a deduction on your tax return each year for your $ 1,200 contribution . If that is the case , the full amount of any withdrawal will be taxable . In addition you will pay a 10 % early withdrawal penalty since you are not 59 1/2 . If you have a Roth IRA you did not get a deduction on your tax return for your contributions . With a Roth IRA you can withdraw the total of your contributions without taxes or penalty . Any earnings that you withdraw will be subject to taxes and a 10 % early withdrawal penalty . If it is a Roth IRA you may want to consider withdrawing your contributions only . You can then leave the earnings in the account until you are 59 1/2 at which time they can be withdrawn tax free . I would reinforce that some seemingly minor details can have a significant impact on the effect of the withdrawal on your taxes . Please talk with your tax adviser before finalizing your decision as to what to do .


Input: I Have A Qualified Variable Annuity. What Is That Exactly?

Output: A qualified annuity differs from a non-qualified annuity , which is an annuity funded with after-tax dollars . While distributions -LRB- contributions to a qualified annuity are pre-tax -RRB- from a qualified annuity are taxed as income , distributions from a non-qualified annuity are not subject to income tax in their entirety . Qualified annuities are often set up by employers on behalf of their employees as part of a retirement plan .


Input: I Have A Qualified Variable Annuity. What Is That Exactly?

Output: You have a qualified variable annuity ? The `` qualified '' part means all monies contributed into this product are done so on a pre tax basis . An `` Annuity '' is a product that can be sold inside a qualified plan or outside . The difference between the two are the tax deferral on the original money you put inside it . Inside a qualified plan , you get a tax break on the money you put in . Non qualified means you pay taxes on the money you put in first . Later , during distribution a portion of the payout will be taxable income and a portion wo n't as you already paid taxes on it . Variable means the annuity , usually based in security products , will gain OR lose based on the investment decision the purchaser makes by their allocations and their market performance . Variable means more risk for the possibility of greater return basically .


Input: I Have A Qualified Variable Annuity. What Is That Exactly?

Output: A variable annuity like a fixed annuity allows the owner to accumulate money on a tax deferred basis . Both types of annuities allow the owner to select a lifetime income to settle the contract . There are variations of that privilege but that is the basic benefit . The accumulation of money for the fixed annuity is guaranteed by the insurance company issuing the policy . The accumulation of money for the variable annuity allows the owner to select from a group of accounts , some of which are tied to publicly traded securities . The insurance company does not guarantee those securities that are tied to publicly traded securities .


Input: When And How Did Medicare Start?

Output: Medicare was passed into law by President Lyndon B. Johnson on July 30 , 1965 . Medicare and Medicaid were both passed on the same day , as amendments to the Social Security Act of 1935 . The first Medicare beneficiaries were able to sign up for Medicare on July 1 , 1966 .


Input: Who Should Get Long Term Care Insurance?

Output: People who should get Long Term Care Insurance are , mainly , those who have assets to protect . If there is a spouse at home who could live for many years , or if there is a desire to leave an inheritance , having Long Term Care insurance coverage could prevent the family from having to sell off assets to pay for extended care costs for the one needing it .


Input: How Much Does The Average American Need To Save For Retirement?

Output: That is a great question ! The easy answer is as much as you can . The more realistic answer is based upon your idea of retirement . If you want to travel , and live a life of leisure , that will cost more than if retirement means holing up somewhere and fishing the day away . Once you 've got an idea of what retirement means to you , then assess where you are now , in that journey . The difference between here and there is what you need to save . The rule of thumb is that to live at todays standard of living , you will need to have at least 8 times your current salary put away . If you want to live better than you are now , then you will need to save considerably more . If you 'd like specific numbers , contact me , and we can look at them . Thanks for asking !


Input: What Does Life Insurance Blood Work Look At?

Output: Life insurance blood work looks at cholesterol , liver function , renal function , blood sugar , nicotine , illegal drugs , evidence of HIV , blood counts , and lipids , among some other things . Life Insurance blood tests are often the way applicants find out that they have a health condition that they might otherwise have overlooked .


Input: What Does Life Insurance Blood Work Look At?

Output: Similar to a routine medical exam blood panel they are looking for adnormalities in the blood . Each company will have their own range . They are looking at things like blood sugars , protein types and levels , Cholesterol and cancer indicators . Many , if not most , will also screen for HIV . Most companies will send the results to you is asked .


Input: Can An IRA Hold Life Insurance?

Output: An IRA is a qualified defined contribution plan under ERISA and permits many investment and savings products as funding vehicles . But life insurance is not one of them . Surprisingly , other qualified plans allow limited use of participating whole life insurance and universal life insurance as part of the annual contributions .


Input: Why Is It Prudent To Start A Retirement Plan As Soon As Possible?

Output: That is a great question ! One of the biggest issues we face in the financial industry is the cold truth that many people start thinking about their retirement far too late to adequately fund it . There are few conversations that are harder than having to tell someone that their current income will not allow them to save enough to fund the retirement plans they had dreamed of . Starting early really helps make saving enough a real possibility . By not thinking , `` I 'll start next week/month/year '' the process begins , and allows for enough time to make the possibility a reality . Modern wisdom says to live on your current standard of living , you will need to save 8-10 times that much . If you 're barely making ends meet now , you 're probably going to want to save even more . To be on track to make your retirement goals , the rule of thumb in your twenties is save 15 % of your income . Starting your savings in your thirties increases that to about 22 % . Starting in your 40 's ? Think about setting aside about 27 % . 50 's ? Better plan on nearly 40 % . You can see how increasingly difficult it can be to make up the ground as you age . It is so much easier to start young , and take advantage of time to help build your savings . Having time to build your savings becomes easier when things like employer matching on company 401k 's and compound interest are available to take advantage of . Investing enough in your company plan -LRB- assuming your company is good enough to you to still offer one -RRB- to earn their match doubles your savings , and over time , will make a huge difference . Same with compound interest . Opening an account with compounding interest and depositing in it even if it 's small amounts and infrequently will lead to large values in that account when you are ready for retirement . Many people find that saving the money is hard , studies show nearly 60 % of all American 's do n't have enough savings , and over half of Americans entering retirement age are afraid they will not have enough money to retire on . By having a good , working budget , the willingness to cut back on extra 's , and some dedication , you can avoid being one of them . Please feel free to contact me if you 'd like some help with a budget , or ideas on how to get started saving , okay ? I 'm happy to help . Thanks for asking !


Input: Why Is It Prudent To Start A Retirement Plan As Soon As Possible?

Output: Time ! Okay , I 'll go deeper . :-RRB- Money , properly invested , grows and compounds over time . The sooner you begin the more you would have.If you start your working career at age 25 and worked until age 70 that is 45 years of working.Hypothetically , let 's say you began putting away just $ 200 a month at age 25 and stopped at age 45 and earned a 7 % actual return , if you did n't put in another penny and waited until age 70 you 'd have $ 565.5458.87 . That means you put in $ 48,000 of your money and allowed it to compound.If you waited until age 45 to start saving for retirement you would have to put in $ 698.04 per month for 25 years earning that 7 % actual return to end up with the same $ 565,458.87 . It would take $ 209,410.68 of your money to accumulate that much money.The sooner you start , even if it is n't that much money , put into the right places can really blossom into a tremendous amount of money.Hope this helps .


Input: What Is The Elimination Period For Short Term Disability Insurance?

Output: The elimination period acts as a deductible . When you purchase your policy you will select your elimination period for sickness and accident . The longer your elimination period the lower your premium . The elimination period is the amount of time that you will wait and draw from savings until the policy begins to pay .


Input: Does NJM Offer Life Insurance?

Output: New Jersey Manufacturing Insurance Group offers personal auto insurance , homeowners or renters insurance , flood insurance , and umbrella insurance . Per their website , they do not offer life insurance . To find a life insurance quote , visit a website that offers many companies , in put your information into a quote engine that offers instant quotes , and compare prices .


Input: How Are Annuities Funded?

Output: Tax deferred annuities have three basic crediting methods : interest rate crediting , index crediting and separate sub account crediting or debiting depending on market performance . Fixed interest rate crediting is funded by the company 's portfolio returns . Indexed annuities are funded primary from the performance or non performance of index options . And separate sub accounts are invested in equities and bond instruments .


Input: How Are Annuities Funded?

Output: During the accumulation phase an annuity works much like a bank account . The funding comes from the deposits that the owner of the annuity makes to the plan . The company pays interest on the money that it holds . Since compound interest is so powerful company interest payments can become a major contributor to an annuity .


Input: Does Homeowners Insurance Cover Stolen Property From Car?

Output: As a general rule , most homeowners insurance policies provide coverage for personal property that is stolen from a car . The stolen property will be subject to your property deductible and depending on the type of property stolen , your policy may have a limit to the coverage amount provided . For example , money , jewelry , electronic devices , and other `` high value '' items are typically limited to a maximum coverage amount of $ 500 - $ 1,000 unless your policy includes increased limits through an endorsement . As a side note , your auto policy may also include a small limit of coverage for property stolen from the vehicle .


Input: How To Choose Medigap Insurance?

Output: The best way to choose a Medigap Policy is by working with a licensed independent agent who specializes in Medicare Supplement insurance . We work closely with you to make sure you understand the benefits associated with each Medigap Plan . All Medigap Plan benefits are standardized , so if you want the benefits of Plan F , it 's the same exact coverage with every insurance company . The only difference is the price . An independent agent who specializes in Medicare Supplement insurance can work with you to make sure you get the benefits you desire . We shop the insurance market to find the best priced premium . This is a great option as opposed to calling or applying online to an insurance company . Often they are the companies with the higher premiums . It 's always in your best interest to start off with the lowest premium for the Medigap plan you want since premiums do increase over time . Thank you for reading my response . Please let me know if I can be of further assistance .


Input: How To Choose Medigap Insurance?

Output: You first want to research the types of benefits available under a Medigap plan , decide which of these benefits you want , and then select the Medigappolicy that meets these needs . All of the Medigap plans are standardized so the benefits under a given plan is the EXACT same from every carrier . So how do they differentiate themselves in that type of marketplace ? They feature different rates , rating methods - community rated , issue age rated , and attained age rated , and value added services -LRB- e.g. UHC plan members can get discounts for vision or dental services and access to the senior sneakers program through AARP -RRB- . A lot of people think `` Why do n't I just get a plan F ? All of the benefits available are included in that plan ! '' While this is true , this plan is also going to be the most expensive . If you 're on a fixed income , you may want to try to keep your cost down . Therefore , a different plan may be more appropriate for you . For example , a plan G offers all of the same benefits as a plan F , except for the Medicare Part B deductible -LRB- $ 147 for 2014 -RRB- . However , a plan G is going to be cheaper than a plan F -LRB- and usually by a good margin -RRB- . Plan N can also reduce premiums by a substantial margin and offer great coverage as well - the difference from plans F & G being a small copay is due when you go to the doctor -LRB- up to a $ 20 copay -RRB- or the hospital -LRB- up to a $ 50 copay -RRB- and excess charges are not covered . Plan N is most useful for someone who 's doctors accept Medicare and accepts assignment -LRB- when accepting assignment , a doctor accepts the Medicare-approved amount as payment in full and can not bill you an excess charge -RRB- . Another major point to keep in mind is where your health is now and where it may be in the future because you might not be able to switch to another Medigap plan later if your health drastically changed down the line , you may not be able to qualify for a new plan if medical underwriting is required . The rating method a carrier uses is an important factor to consider here . You also need to find out which carriers offer the plan in your area . Remember to keep in mind that not every carrier offers every plan . Because there are many health care plan options available to seniors , it 's most helpful for you to work with an experienced , independent Medigap insurance broker who can guide you through all of these steps and help you determine which plan is the most suitable option for you.I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: What Is The Difference Between Whole Life And Variable Life Insurance?

Output: In a whole life policy the company assumes responsibility to make sure that the policy will meet all of its promises . The customer only needs to pay the premiums . In a variable life policy , the customer directs where the money paid to the company will be invested . The company is only required to pay the death claim when there is sufficient cash in the policy to keep it in force .


Input: What Is The Difference Between Whole Life And Variable Life Insurance?

Output: the simplest way to think about it is that variable life policy 's allow you to chose how much your premium payment will be and where the money will be invested . on the other have a whole life policy will have a fixed premium and a fixed interest rate . there are pros and cons to explore with each type of policy . I hope that helps . .


Input: What Is The Difference Between Whole Life And Variable Life Insurance?

Output: That is a terrific question ! They both are whole life policies , and they both have a death benefit , and that 's pretty much where the similarities end . A whole life policy will have a set death benefit , and a set premium payment , that is always the same . This is a policy that you can purchase , set up on autopay , and basically let run on autopilot . A variable policy is n't quite so simple . In this type of policy you are given responsibility for where the premiums are invested , so the risk moves from the insurer to you . The premiums can be stable , if you are good at investing , and the costs of the insurance are covered . If you 're not , your premiums can vary quite a bit , and your length of coverage can be shortened considerably , or even ended . This is definitely not an autopilot policy . I hope that shows you what you needed to see . Thank you for asking !


Input: Does Aetna Cover Braces?

Output: Typically , braces are covered under dental insurance as a orthodontic service . Your regular health plans do n't usually cover braces , but some plans may include dental benefits -LRB- if it does , it may be limited benefits - be sure to double check ! -RRB- It ultimately depends on what specific policy you have . You will need to verify with the carrier regarding your specific plan or your policy 's agent to see if it covers them . I hope the information is helpful - please feel free to contact me with any other questions . Thanks very much .


Input: What Info Is Needed For Homeowners Insurance?

Output: Some of the information that is needed to secure homeowners coverage is : the year the home was built , the square footage of the home , the type of siding , the type of roof covering , basement size , basement finished or unfinished , garage attached or detached , distance of nearest responding fire department , distance of nearest fire hydrant and any specialty finishes or fixtures in the home just to name some of the main items .


Input: What Are Annuities And Why Is It Necessary?

Output: An annuity is a contract that states , simply , that in exchange for a sum of money , the company will pay regular monthly payments for as long as you live . Since those provisions dont meet everyones requirements there are a variety of other optional payment plans to limit the payout period or provide payments to more than one survivor . There are two major types of annuities , immediate , where the benefits commence within one year and deferred which allows for multiple deposits over a period of time .


Input: What Are Annuities And Why Is It Necessary?

Output: Annuities are a good safe way to save money for retirement . They have a very competitive interest rate , some even tied to stock indexes , they avoid probate , are tax deferred , they can guarantee an income for life , and can be set up to help provide long term care . While the upside would be less than a money market or stock , you do not have to worry about the downside of the market . While I would never suggest you put all your money in an annuity , it provides a good safe base for the rest of your portfolio .


Input: Does Auto Insurance Cover Windshield?

Output: If you have comprehensive coverage on your policy a windshield will be covered minus your deductible under most circumstances . Read your policy to determine the exact coverage provided and any exclusions that there may be . As always contacting your local agent is another good way to ensure that you understand what coverage your policy provides or does not provide .


Input: Does Auto Insurance Cover Windshield?

Output: Comprhenisve covers windshield damage . Some comapnies will waive your dedutible if you fix your windshield instaed of replaceing it . So check with your current provider for detail . Some states offer glass coverage as well so you do not have to pay your dedutible if your galss was damaged in an accident or from a flying rock .


Input: How Much Does 1 Point Affect Car Insurance In Georgia?

Output: Hello , An insurance company doesnt rate on `` points '' on a mvr aka motor vehicle report . They rate specifically on the actual violation itself . So , they determine the premium by what the ticket is listed as . For example a client who gets a ticket that is a reckless driving or major speed over 15 an hour will always get a higher rate than someone who has a minor violation such as carrying no insurance or maybe a ticket for a tail light being out . If we can answer anymore questions please give us a call . We are an independent agency which means we shop the policy with over 10 carriers ! www.perezinsuranceprofessionals.com # 678-710-9687


Input: Can Homeowners Insurance Be Cancelled?

Output: Yes , Homeowners Insurance can be cancelled for a number of reasons including non-payment of premiums , condition of property insured , or claims history . The best ways to try to avoid this is to establish a long-standing relationship with a reputable company , establish multiple lines of business with your insurance company such as having both auto and homeowners insurance with the same company , and paying small claims -LRB- less than $ 1,000 -RRB- out of pocket to avoid adverse claims history .


Input: Will Medicare Pay For An Insulin Pump?

Output: Yes , Medicare will pay for an insulin pump under Medicare Part B as `` durable medical equipment '' if is prescribed as medically necessary by a Medicare participating doctor , and is purchased through an approved Medicare provider . Those who are eligible will have type 1 diabetes , or type 2 diabetes that is difficult to control , or gestational diabetes that is difficult to control .


Input: Will Homeowners Insurance Increase After A Claim?

Output: It may , that is going to depend on your carrier and the factors that they use in determination of your rates . There are too many variables to be able to say with certainty whether or not your rates will or will not increase after you have filed a claim .


Input: Will Homeowners Insurance Increase After A Claim?

Output: When actuaries assess the possibility of a claim they arrive at a standard premium . When you have a claim you move into a slightly higher risk group and the company will generallynot always , assign a rating factor to your policy . These increases generally are only applied for a limited period of time -LRB- 3 yrs . is common . -RRB- Another issue is that a claim may disqualify you to receive a claims-free discount which many companies offer . The combination of losing a discount and an increase in the rate can make for a sizeable premium increase .


Input: What Will Obamacare Do To Medicare?

Output: So far the changes have been back-end changes . Billing process , coding process , payment changes - which actually has gone up by 3 % . Medicare Advantage plans and Medicare Supplement plans are still going strong , however , some doctors do not want to accept the Advantage plan billing . I would like to hear the doctors side on this . The donut hole has been revised a bit - to the benefit of the enrollee . We shall see what unfolds in the next few years . Belinda


Input: What Will Obamacare Do To Medicare?

Output: Unlike the local coffee shop , Medicare answers and rules changes do n't come quickly . Trying to know what the government will do in the future is difficult at best . With the 2016 rules already established and disseminated by CMS to the insurance companies , our current president will have little to say through the end of 2016 for his tenure . So changes , if any , will be in 2017 . Unless there is a `` Black Swan '' Event , Mr. Obama will no longer be in office , and we look for guidance to the new administration , whomever it may be .


Input: What Will Obamacare Do To Medicare?

Output: Right now - we are not seeing a huge impact . There is some back-end billing process changes , coding changes , payment changes - which actually went up by about 3 % . Right now - the Medicare Advantage plan and the Medicare Supplement are going strong and working pretty much as normal . However , in all the hoopla , there are some doctors not wanting to accept Medicare Advantage plans as a billing option . Which , in my opinion , seems strange because payments have gone up by the 3 % . I would love to hear the doctors side on this . I have not had any clients call with any huge concerns or shifts in coverage . Belinda www.myseniorventure.com/answers


Input: Is Medicare Number Same As SSN?

Output: Your social security number and the medicare # will be the same except for the alphabetical character added to the medicare number . Why the alphabetical character ? If you are drawing benefits under your social security record -LRB- earnings -RRB- the alphabet character is A . So your social security number would be displayed XXX-XX-XXXXA . What if you are drawing your benefit coverage under your divorced husbands benefit or your husband 's benefit - that al ; habetical character changes to reflect the beneficiary you are drawing your benefit under


Input: At What Age Can I Enroll In Medicare?

Output: Most people will automatically be enrolled in Medicare Part A and Part B at age 65 . If you meet the definition of Social Security disability you can enroll in Medicare younger than age 65 . When you enroll in Medicare you will need to decide if you want original Medicare and a supplement or an Advantage plan .


Input: What Happens When You Die Without Life Insurance?

Output: If you die without life insurance , there are bills that will need to be paid from some source of funds . Funeral , cemetery , credit cards , and other debt will need to be settled . Mortgage or rent payments , utilities , child care - whatever your income contributed to before death - will go on for your spouse and/or dependents . You may have savings or investments now , but the question is , will they be there if there was a lengthy illness prior to death , or if other expenses had chipped away at those funds ? Life insurance is sure to be there , because life insurance does not pay out until death . When you die without life insurance , you are counting on things to work out as you planned . But , unfortunately , you wo n't be around to fix them if they do n't .


Input: Does Home Insurance Cover Septic?

Output: It is unlikely and if it does you may be subject to the policy deductible . Many homeowners policies exclude septic tanks from coverage . Please remember every policy is different . Please read your policy completely to understand the coverage offered and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: How Does Homeowners Insurance Work For A Condo?

Output: Let me add a couple important points to what has been said . The homeowners policy and therefore the condo policy has important liability coverage . Make sure you have sufficient coverage for liability as your exposure is often greater than someone who insures a single family residence . And lastly you do not find many free standing homes with sprinklers as most of the 126 million homes in the US were built before sprinklers became possible in dwelling construction , but many condos . because of size and structure do have sprinkles and many insurance companies give a discount to those policies . Be sure to mention to your agent that your condo building is sprinklered if in fact it is .


Input: How Does Homeowners Insurance Work For A Condo?

Output: Homeowner insurance works much in the same way as it does a home . The condo policy covers all furniture fixtures and walls below the roof and within the exterior walls . The only primary difference is the percentage of ownership of the roof , outside walls , separate structures . There is special insurance for a condominium . Keith Prim - Dallas - 214-435-0791


Input: Does Home Insurance Cover Roof Shingles?

Output: The best answer to this question : `` It depends . '' First , you have to determine the age of your roof . If it is going on 20 + years then you are going to face an uphill battle . The reason for this is if a roof is done well , then you can probably expect 15-20 years out of it . If it is 20 + years then most insurance companies are going to argue that the cause of loss is `` wear and tear , '' which is universally not going to be covered -LRB- that is more of a warranty issue -RRB- . Second , if your roof is newer , you have to then look at the cause of loss and the type of Homeowners form you have . If it is a HO-3 , then everything is covered unless it is excluded . What this means is it is a special form and all losses are covered unless there is a specific exclusion in your policy . If you have an HO-2 or HO-1 you will have less coverage because the causes of loss are specified in the policy . So , if your shingle was somewhat new and it was damaged due to a reason listed in your policy you will have coverage .


Input: Does Home Insurance Cover Roof Shingles?

Output: A general rule of thumb is that Homeowners ' Insurance Policy is not a maintenance agreement . So if you are asking if you can have your insurance pay to replace your roof due to age or wear and tear , the answer is going to be no . However , talk to your Insurance Professional about the specific terms and conditions of your policy . Discuss the covered perils as they relate to damage that your roof may have sustained . For example , wind , hail , weight of ice and snow are all usually covered perils in a Homeowners policy . Therefore , if your roof was damaged as a result of these or any other perils named in your policy , then you will find that there is coverage . The settlement will , of course , be subject to your property deductible .


Input: Will Obamacare Make Health Insurance More Expensive?

Output: One of the primary goals that healthcare reform is trying to address is the stabilization of health insurance premiums . Health insurance has been consistently out pacing inflation increasing an average of almost 10 % annually . The simple answer is that the PPACA 's provisions will increase the percentage of Americans who participate in the healthcare market , and will dictate changes in health insurance underwriting that will have a direct effect in decreasing the price for older people and an increase for younger people .


Input: What Is Medicare Disability Insurance?

Output: There is no medicaid disability insurance . The Social Security Administration makes disability insurance benefits available through it 's Social Security Disability program SSDI . In order to qualify you must meet the following requirements : 1 . Have an injury or illness that is expected to last at least one year or result in your death 2 . No longer be able to perform the material and substantial duties of any occupation for which you are appropriately trained and/or licensed 3 . The injury or illness must have persisted for at least five months .


Input: What Is Medicare Disability Insurance?

Output: Medicare disability is the same Medicare for folks 65 and over . If you are on Social Security disability -LRB- SSDI -RRB- , and have been on SSDI for 2 years , you should be eligible for Medicare . You are also eligible for a Medicare supplement plan , or Medicare Advantage coverage . Does this answer your question ?


Input: How To Calculate How Much Renters Insurance You Need?

Output: Take a quick inventory of your personal property . That inventory should include your furniture , appliances , clothing and anything else of value that you own . Compute how much it would cost to replace each item on your inventory . Total those prices and you have the basis for your homeowners property limit . Set the liability limit by selecting the most coverage that you can afford . At a minimum compute your net value and add two years of income . Insure for at least that much and more if you can .


Input: Does Homeowners Insurance Cover Lost Luggage?

Output: Typically homeowners insurance is n't going to pay that type of claim . You could call your homeowners claim department to be sure . Travel insurance would cover that type of loss and many other things like : lost luggage , sickness while traveling , trip cancellation , missed connections , baggage delay , emergency medical , dental or cash transfers .


Input: Does Renters Insurance Cover Garage Doors?

Output: A garage door would be covered under the dwelling part of the fire policy carried by the landlord . However , if the damage was caused by your negligence and the landlord threatens to sue you , report the threat to the insurance company . There could be coverage under the liability section of your renters policy .


Input: Does Renters Insurance Cover Garage Doors?

Output: Renters Insurance is meant to cover your personal belongings inside your rental unit or extended to storage units , inside your car , etc. . It is not meant to cover any portion of the rental unit , house , condo , etc that you are renting . The owner is responsible for the shell or actual real property . If you are negligent and damaged the garage doors with your vehicle then your auto insurance would normally cover the damage under your `` Property Damage '' portion of the auto policy .


Input: What Is Disability Overhead Insurance?

Output: Disability overhead insurance is coverage for a small business owner , to reimburse for his or her monthly business overhead expenses in the event of a disability . A simple example would include money to pay for the rent of the owner 's business location if that person were sick or hurt and could not work . Other monthly expenses are also eligible to be covered . This insurance can take a great burden off the business owner . otherwise these overhead expenses would have to be paid out of savings or other personal assets . The premise is that if the owner is disabled , business revenue will shrink or disappear , thus making it difficult or impossible to have the cash to pay the overhead expenses . Best to consult a local insurance professional for a complete analysis of the situation .


Input: Which Car Insurance Should I Get?

Output: Get the most affordable car insurance policy that provides the benefits you need and , of course , satisfies the state minimum requirements . Prices vary depending upon where you live and the type of underwriting criteria that is needed . Consult an experienced broker and utilize their expertise and knowledge . No fees are charged .


Input: Does Life Insurance Check For Herpes?

Output: No , life insurance exams do not include a test for herpes in their blood or urine tests . It may be that a serious case of herpes will affect blood counts which cause the underwriter to dig deeper . But they do not test for it specifically , although the application may have a question about herpes .


Input: Does Life Insurance Check For Herpes?

Output: Yes my company does have that as one of several medical questions that are normally asked before a life insurance policy can be issued . Each company has their own set of questions that are used to determine your rate and the types of policies that they will offer to you . Life insurance very individualized and to secure the proper coverages involves a meeting with a local agent .


Input: Is Insurance Required For A Boat?

Output: Talk to your Insurance Professional about that . Some states require insurance when registering a boat similar to the requirement for car insurance . Likewise , if you are financing the purchase of your boat , the finance company will require you to carry insurance on it in order to make sure that their interest is protected .


Input: Who Has The Cheapest Life Insurance Rates?

Output: You can run life insurance quotes on numerous websites advertising `` instant life insurance quotes '' . These will bring up the cheapest rates for your particular age and sex . Some will even allow you to input some health and other risk factors . Every company has their niche . So this will bring up the cheapest life insurance rates for YOU .


Input: Who Has The Cheapest Life Insurance Rates?

Output: Assuming this question refers to term life insurance , there are several health classifications for both male and female with differing guaranteed periods of coverage like 5 , 10 , 15 , 20 and 30 years . A life insurance company will determine your underwriting classification based on your gender , age , smoking status , health history and current medical condition . It also includes activities that can modify the premium price based on motor vehicle violations , dangerous recreational sports or hazardous vocations . Some of the reoccurring insurance company names that frequent the term life insurance spreadsheets are SBLI and Ohio National .


Input: Who Has The Cheapest Life Insurance Rates?

Output: Who has the cheapest life insurance rates ? It 's going to depend on what gender , what face amount , what duration and even what payment mode ... Actually the cheapest life insurance rates are really dependent upon the applicant 's good health . Your `` discounts '' on premiums for life insurance come from your good health .


Input: Does Bank Of America Do Life Insurance?

Output: Bank of America offers Term life insurance through their licensed life insurance agencies , BANA -LRB- Bank of America , N.A -RRB- and BAISI -LRB- Bank of American Insurance Services , Inc -RRB- . BANA in its capacity as a licensed insurance agency is located at 7455 High Market Street , Sunset Beach , NC 28468 .


Input: When Can You Join A Medicare Drug Plan?

Output: You can enroll in a Medicare drug plan when you turn 65 and enroll in Medicare . If you are disabled -LRB- Social Security definition -RRB- and Medicare eligible you can buy a Part D plan when you initially become eligible for Medicare . You can also buy a drug plan during the annual enrollment period .


Input: Is Renters Insurance A Waste?

Output: Insurance is a pooled risk . Some people will take more from the pool than others . That is the nature of risk . It really has little to do with the practices of insurance companies . The risk that is shared is one that individuals can not bear themselves . Most people can not bear the cost of a lawsuit . Large corporations , routinely bear that cost and do not share their risk with others . That is called , self-insuring .


Input: Is Renters Insurance A Waste?

Output: Next time you read a story in a newspaper , or see one on the television news reports about a family who lost everything because thy had no insurance and had a fire in their apartment , think about what they lost . Think about how they are going to have to use their regular paycheck to find a new place fo live and replace all of the clothes , furnature and other personal belongings that they worked their lifetime to obtain . Then as yourself if Renters Insurance is a waste .


Input: How Can I Borrow Against My Life Insurance?

Output: Contact your company or agent and have them send you the necessary loan forms . You will also need to know the loan value of your policy . It is not always a good idea to take a loan on a policy . The amount of the loan plus accrued interest will be deducted from the death benefit should you die . If you do take a loan make sure you at least pay the interest every year .


Input: How Can I Borrow Against My Life Insurance?

Output: You may not want to borrow at all if you can access withdrawals to basis without a taxable event . There are rules that govern this specific aspect of cash value access , but confirm with the life insurance company before moving forward with this idea . The best way to borrow against a policy is to purchase the best accumulating cash value TAMRA compliant policy with the lowest policy loan cost . Keep in mind that the vast majority of cash value policies need time to accumulate enough cash value to access and that surrender charges could come into play , eroding the amount you may want to borrow . There are several policy loan provisions in cash value policies . Heres a quick inventory : zero net cost loans , wash loans , spread loans , direct recognition loans , participating loans . There policies loans can be fixed rate or variable with two sets of rates : current company practice and guaranteed contract .


Input: What Kind Of Life Insurance Products Does Primerica Sell?

Output: Primerica sells Term life insurance that is not convertible to permanent insurance . The price on the Term insurance will go up after the guaranteed price expires . If you are able to lock it in for another period of time , it will go up annually once that term period expires .


Input: What Kind Of Life Insurance Products Does Primerica Sell?

Output: What kind of insurance does Primeamerica sell ? Basically they sell level term insurance , which unknown to them is a form of cash value insurance . What Primeamerica really seems to be about is multi level marketing . The goal seems to be gathering agents rather than selling policies . Agents are encouraged to build an agent base for the upline agents . While they are not alone in this practice , most people just want their agent to be their agent .


Input: What Kind Of Life Insurance Products Does Primerica Sell?

Output: Primerica sells term life insurance . The company was established on the belief that individuals should `` buy term and invest the difference '' . Their representatives are trained to sell term life rather than permanent -LRB- cash value -RRB- life insurance . The company relies upon part time sales people to sell its term life insurance product .


Input: Does Cobra Apply To Disability Insurance?

Output: Does COBRA apply to disability insurance ? No as disability is not a core benefit as described as covered when it comes to COBRA . If you were on claim prior to losing your job , you would still remain on claim until your contracted coverage ended as stated in the policy .


Input: How Do You Sign Up For Medicare?

Output: If you are age 65 and receiving Social Security benefits , you will automatically be enrolled in Medicare Part A and Part B. To enroll in the three months before your 65th birthday , the month of your 65th birthday , or the three months after your 65th birthday , you can go to your local Social Security Office or call 1-800-MEDICARE or visit www.medicare.gov .


Input: Can I be dropped from life insurance for no reason without premiums returned?

Output: This sounds like you may have purchased a whole life or universal life insurance policy that the agent may have funded as a `` minimum '' premium possibly just to make a sale . When the premium is under funded at minimum it can cause the policy to lapse within just a few years . There is no refund because the premiums were used to pay for the actual cost of insurance . This is a shady practice and fortunately agents that do this do n't last very long in our industry . It could be something different , but what you are describing sure sounds like that is what happened . You will need to purchase a new life insurance policy now . Be sure and ask family , friends and co workers for referrals of trusted advisors to avoid these types of agents again . I am sorry .


Input: Can I be dropped from life insurance for no reason without premiums returned?

Output: I can only think of two reasons that something like this could happen . One is a short-term policy with lack of payment over a significant time frame ; that does not sound valid in this case . The second , and more legitimate reason , would be what results from a universal life policy that is funded at the absolute minimum premium . This situation causes a lack of cash value accumulation due to all premium being consumed by the costs of insurance . Unfortunately , it does happen when shady agents are more concerned with making a sale than addressing client needs . Universal life plans are based on flexible premiums . To pay less than adequate premiums allows costs to overrun built-up values , and an immediate payment becomes necessary to continue coverage . Your only option , based on the facts as stated , is to purchase another policy . Before you do , ask family and friends to recommend an agent they would trust to handle their insurance needs . I am so sorry you have had to go through this experience .


Input: Can I be dropped from life insurance for no reason without premiums returned?

Output: You know , it sounds a little out of place , but there are reasons for why people lose their life insurance . Do any of these apply to you ? 1 . They didnt pay their premiums . 2 . They were covered under an employer-sponsored plan , and the employer stopped sponsoring that plan . 3 . They were covered under an association plan , and either the association stopped sponsoring the plan , or the carrier dropped the association .


Input: Can I be dropped from life insurance for no reason without premiums returned?

Output: In 20 years I have never heard of that . The only reason I can see is that after underwriting they discovered a falsity on the application , however they typically only have 2 years after policy issuance to determine that . Unless you have missed premium payments or purchased a policy with variable premiums and returns and have underfunded the policy it would be considered a lapse not being dropped . You would have received mailings as well as annual statements that indicated how long the policy would remain in force if you continue to pay the premiums you were paying . My suggestion is to get a professional agent to review your policy . You need to look at the original illustration that was provided to you when you first purchased the policy as well as any statements that the company provided you over the years . This way you can determine if premium payments were insufficient to cover the expenses .


Input: Can I be dropped from life insurance for no reason without premiums returned?

Output: Since you have had the policy since 2011 you are well beyond the incontestability period . It must be one of the following : You purchase term insurance and the term has run out . -LRB- possible but unlikely since you should have a renewal option -RRB- . You purchased a Universal Life policy and it was underfunded -LRB- this may be the most likely reason -RRB- . A Universal life policy has flexible premiums and some agents , in order to make a sale , have set the premium too low without telling the client . Most agents are honest , but unfortunately every industry has bad apples . If you do not pay enough into a Universal Life Policy , the policy will cancel out . The only other thing it could be is failure to pay the premium within the grace period , usually 30 days . I agree with Rich , you need to take all of the information to a good professional independent life insurance agent and have him review what went on in your case . A life insurance company can not cancel you for no reason .


Input: Does Someone Have A Life Insurance Policy On Me?

Output: That is an interesting question ! If you do n't remember ever signing an application for life insurance , then chances are , you do n't . The only other way that you could be insured without you knowing about it is if a family member -LRB- parent or grandparent , usually -RRB- insured you when you were very young . The best thing to do is ask them , and see . If that is n't an option , you can always contact the Medical Information Bureau , and pay the fee to check their database . Good luck , and thanks for asking !


Input: Does Someone Have A Life Insurance Policy On Me?

Output: I assume when you ask , `` Does someone has a life insurance policy on me '' , you are asking about someone other than your parents . As an adult , no one can take a policy out on you without you giving your permission . This is done by you signing the application as the Insured . So if you did not sign an insurance application , no one has a policy on you , unless they did so fraudulently .


Input: Will Homeowners Insurance Cover Bat Removal?

Output: A homeowners policy has several sections . Under the property coverages the insurance pays for damage . Under this section damage caused by birds , vermin , rodents , insects or domestic animals isnt covered . Whether the bats were causing damage or not , their removal is not an insured risk . Under the liability coverages there doesnt appear to be any coverage either .


Input: When To Get Medicare Insurance?

Output: Most people will enroll in Medicare when they turn 65 . Part A is premium-free for most individuals because you 've been paying FICA taxes during your working life -LRB- you need 40 quarters/10 years of working life to qualify for premium-free Part A -RRB- . Part B requires a monthly premium -LRB- $ 104.90 in 2014 - can be higher for individuals in higher income brackets - figure based on your modified adjusted gross income from your tax return from 2 years prior -RRB- . If you 're still working and have group coverage , you can elect to postpone receiving Part B until you 're ready to come off the group plan . When you 're ready to come off the group coverage , you 'll have a special enrollment period to enroll in Part B . If you do n't do it in this window , you will have to wait until the annual general enrollment period -LRB- January 1-March 1 -RRB- - please note , if enrolling during your general enrollment period , you will have a July 1 effective date . When you first enroll in Part B , you will also trigger a six-month open enrollment period to buy a Medicare supplement plan with NO MEDICAL UNDERWRITING . This is THE BEST time to buy a supplement plan - plan F is the most comprehensive plan . If you have any questions about your coverage or would like to review options for a Medicare supplement plan , please send me a message by clicking on the `` contact me '' button or call me at 703-665-9133 .


Input: When To Get Medicare Insurance?

Output: The majority of Americans are enrolled in Medicare when they turn 65 . However , for those that are disabled and receiving social security benefits , you will automatically be enrolled in Medicare during the 25th month you receive disability benefits . Upon first enrolling in Medicare , you should definitely look in to obtaining a Medicare Supplement policy , also known as Medigap coverage . You have six months from your Part B effective date to apply for any Medigap plan of your choice , and no insurance company can turn you down or raise your rates due to any health problems you have . After that six month window , in most states , you may never get that right again . If you are not sure which Medigap plan would be best for your needs , consult with a licensed , certified health insurance agent that works with many different companies to ensure you get the best advice possible for your personal needs .


Input: Is 401K Considered Income?

Output: Money that is received from a 401 -LRB- K -RRB- plan is considered income in the year it is received . The money contributed to the plan was tax deductible for you , the participant , and the employer . The accumulated earnings on the money have always been tax deferred . It is when the funds are withdrawn that all that deferred money becomes taxable . Retirement income planning is important if these types of funds comprise a major source of income for you .


Input: Is 401K Considered Income?

Output: That is a great question ! The money from your 401k account becomes considered income once you start taking your withdrawals from it . Until then , it is just like a savings account - there , but not taxed . Unlike your savings , however , once you start taking the money out , it is considered taxable income . I hope that helps , thanks for asking !


Input: How Are Auto Insurance Premiums Calculated?

Output: Different states have different rating criteria . In California the criteria are year , make and model of the car , annual mileage , location , and the driving records of the members of the household . The same car would be charged different premiums if located in other states .


Input: How Are Auto Insurance Premiums Calculated?

Output: Great question ! Insurance companies use a great number of variables in determining your rate . The make , model and year of your car , for example . A new Porsche will cost more to insure than a 2005 Escort , for example . Where you live , the rate of uninsured motorists , and the auto theft rate are also factors they consider . Your credit rating can also be a factor , by the way . Then you get into the profitability of the company and their fees . And then to the coverage that you desire , your driving record , and your age . All of those factors help determine the rate that you will pay . If you shop around , you will find there can be big differences in those rates . If you need more information , please feel free to contact me , I 'm happy to help ! thanks for asking !


Input: How Are Auto Insurance Premiums Calculated?

Output: Auto insurance premium is calculated by utilizing a number of factors . The logical factors are the area in which you live , your driving record and the type of car you drive . In addition , premiums will also take into account the coverage you chose - comp & collision -LRB- & their deductibles -RRB- , the amount of liability coverage , rental car , road side assistance , etc. ; if you had a recent lapse in coverage will increase premiums . Most companies will also consider your `` insurance score '' which includes your credit .


Input: Is WRL Life Insurance Good?

Output: All life insurance companies have product that can be premium ranked or back tested for performance based on an in forced ledger or unique policy provisions . In general terms , WRL life insurance does n't appear as a top five companies in many of the competitive spreadsheets that post industry Intel . It does n't reflect on the company as a claims paying carrier , just that they dont rank in our peer group listings .


Input: What Does It Mean To Surrender A Life Insurance Policy?

Output: To surrender a life insurance policy means to voluntarily terminate the policy before maturity . In other words , it is cashed in before the death of the Insured , or before the policy Owner reaches the age when they can collect the full face amount . By surrendering the policy , the cash value may be received , minus any surrender charges , but the policy will be lost . Discuss all your options with an experienced life insurance agent before making the decision to surrender as there are other options that may be more favorable to you .


Input: What Does It Mean To Surrender A Life Insurance Policy?

Output: Surrendering a life insurance policy is an important decision and may have consequences , not only in losing valuable coverage , but potential tax ramifications . Surrendering a life insurance policy terminates the coverage for your beneficiaries or business partners . That exposure could have dire consequences if outstanding financial liabilities exist . And if the policy accumulated cash values beyond basis , the surrender of the policy will trigger an ordinary income tax event .


Input: How Cheap Is Life Insurance?

Output: When you compare the premium for a life insurance policy to the benefit paid to your beneficiary , life insurance is cheap ! Unlike other forms of insurance life insurance covers an eventuality not a possible loss . The cheapest life insurance policy is the one that is in force on the day that you die . If you know when that might be , it makes it easier to determine which is the cheapest . I recommend that you sit down with an agent that you trust and determine how much life insurance you really need . Buy that with the longest possible term , some of it should probably be permanent insurance .


Input: How Cheap Is Life Insurance?

Output: When you think about the cents on the dollar that you spend for life insurance ... it 's extremely cheap . Figuring out what type of life insurance to buy is a more involved process . Everyone 's needs are different , meaning there 's no one size fits all policy in life insurance . What 's right for you depends on what need -LRB- s -RRB- you 're trying to take care of in the event of your death . Term insurance is ideal for short term protection -LRB- e.g. paying off a mortgage or providing income in the event of an early or unexpected death -RRB- . Permanent insurance is ideal for long-term protection , estate planning , retirement planning and other needs . Many people buy both types of coverage - some permanent to protect against the future after other debts are paid off and some term to cover time-limited debts -LRB- such as a mortgage , car , etc. -RRB- . Term insurance provides more bang-for-your-buck up front , but it 's only for a short period . Permanent insurance allows you to pay the same premium for the rest of your life without having to worry about it going up in the future . The advantage of permanent insurance is that it 's going to eventually pay out a claim -LRB- if structured properly -RRB- because it 's an inevitability , not a possibility . Term insurance acts more like a gamble . There 's pros and cons to both sides and it 's important to review your options with an experienced life insurance agent who can go through all these things with you and find the structure that will best meet your needs and your budget .


Input: How Cheap Is Life Insurance?

Output: As a life insurance broker with more than 33 years of experience , I 'm glad you asked that question . Life insurance is cheap ... depending on the type of plan you are considering . Naturally , term insurance is the least expensive type of policy , especially the 5 and 10-year guaranteed plans . Of course , any policy with cash value or dividends -LRB- not guaranteed -RRB- will cost more because of difference in equity .


Input: What Is Guaranteed Term Life Insurance?

Output: Guaranteed Term Life Insurance is probably referring to Term Life Insurance where the premium is guaranteed not to go up in price for the entire term . E.g. . If it is Guaranteed 20 year Term , the price will stay the same for 20 years . The other option is that the term policy does not have any health questions , and one is guaranteed to get it . But I am not aware of any term policies like that . Most guaranteed issue life insurance is Whole Life .