Input: Does Life Insurance Pay For Accidental Overdose?

Output: does life insurance payout for accidental overdose ? After two years -LRB- one year in some states -RRB- without question `` YES '' . Prior to that , during the contestability period , an insurance carrier has the right to research the insureds drug history to see if compares to what has been stated on the application . If their is a history of drug abuse and overdosing in the prior history of the insured , the claim will be contested . If there is no history , no recorded history , the claim will most likely be paid .


Input: Is Life Insurance Ethical?

Output: The question of is life insurance ethical could be taken two different ways . First is it ethical to provide an affordable product to protect the ones you love by caring for them financially after you die , I would have to answer yes . We are a consuming society that is bloated in debt , people are failing to save for their own futures , let alone the futures of those that should matter most . I ca n't think of a scenario where life insurance if purchased correctly would be unethical . The second way to read your question would be are life insurance companies ethical . Life insurance companies are some of the most regulated companies of any industry . They must meet federal and state guidelines at all times . Their products must be filed for approval before they are sent to market . My answer to your question asked in this way would also have to be yes . Life insurance is ethical .


Input: Is Life Insurance Ethical?

Output: If you asking if the concept of Life Insurance is ethical , the conscience of mankind and many religions affirm the concept of making a plan to help care for those for who you are responsible , if you are not there to fulfill those duties due to death . If you are asking if Life Insurance products are ethical , they must meet extremely high standards . If you are asking if the sale of Life Insurance is ethical , that does depend , somewhat , on who you purchase it from . All Life insurance agents are bound by rules of ethics , and must take ethics classes periodically to hold a license . However , you still would be wise to review the agency you are using to be assured that it will go above and beyond to give you a fair and honest assessment .


Input: My son does not live with me and he is 25, Do I have to carry him?

Output: In California insurance follows the automobile . All the drivers in the household are considered when determining the rate . If your son is no longer in the household he doesnt have to be included . If he is driving one of your cars , and the car is registered in your name or your are a co-registrant you should call your agent and get advice . This is particularly critical if he is operating your car in another state .


Input: What's A Health Insurance Premium?

Output: A health insurance premium is a monthly rate that you pay for your health insurance coverage . The idea of health insurance is to protect yourself in the event of a catastrophic event -LRB- e.g. breaking a bone and having surgery to repair the fracture -RRB- . You 're , in short , pooling the risk so you 're not stuck with a massive bill should an extremely expensive service be needed . Other benefits such as routine preventative care are included in every plan as well to reduce the risk of needing more critical care services .


Input: Does Your Spouse Have To Be Your Beneficiary For Life Insurance?

Output: No your spouse is not required to be the beneficiary , but someone has to have insurable interest and exposure to economic loss . So if its not your spouse , can your name a beneficiary that will qualify with the life insurance company ? Keep in mind the policy owner controls the policy . After the policy is issued the policy owner should be able to change beneficiaries .


Input: Does Your Spouse Have To Be Your Beneficiary For Life Insurance?

Output: Of course you can name someone other than your spouse as the beneficiary of a life insurance policy . In California you need your spouses signature in order to name anyone else . Naming a trust as beneficiary is a common estate planning tool . When a charity is the beneficiary the premiums themselves might be deductible as a contribution under IRS rules . Incidentally , naming a lender might not be a good idea . There are other ways to protect a lenders interest short of naming them as beneficiary .


Input: Does Your Spouse Have To Be Your Beneficiary For Life Insurance?

Output: No , your spouse does not have to be your beneficiary for life insurance . You can choose your children , although if they are minors , it is better to leave the money to a trust or another trusted adult who you know would use the death benefit for their welfare . You can choose anyone or any entity to be your beneficiary who has some financial input in your life . E.g. Parents who gave you some money , a business through which you have a loan , grandparents you care for in their home or yours .


Input: Why Do I Have To Have Auto Insurance?

Output: Great question ! It is a very common question - why do I need insurance ? The purpose of insurance is to protect against risk . To help provide the money that would be needed to replace or repair the vehicles , and to provide for personal or property damages that might be incurred . You need the insurance , to protect yourself first , and to protect the other driver that you may hit . Cars are expensive to repair , and lives are irreplaceable . Even if you have n't had an accident in years , I 'm guessing that the minute that you do , you will be very happy that you had it . If you would like to discuss this more , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Why Do I Have To Have Auto Insurance?

Output: There are a couple of reasons behind compelling us to have auto insurance . The first is legal . In most states these days , Connecticut included , one must have auto insurance in order to register a car and operate that car on public roads and highways . That is a pretty compelling reason in and of itself . Further , though , if you purchase a new car and have an auto loan or if you lease your car , the finance companies will also require that you have and maintain auto insurance as a condition of the loan or lease .


Input: Why Do I Have To Have Auto Insurance?

Output: Auto insurance is required in most states . However , thousands of drivers drive without insurance . The uninsured motorist premium on an auto policy indicates the magnitude of that problem . Auto insurance is the mark of a good citizen . Are you concerned about someone injured as result of your negligence ? Those injured will seek damages in court . How will you handle that ? If your car is damaged in an accident what will you drive ?


Input: Does Home Insurance Cover The Roof?

Output: Unless the roof was excluded from your originalhomeownerspolicy which is rare . -LRB- Possiblyfrom poor conditions when the insurance policy was first obtained -RRB- . A roof is covered for certain perils of a homeowners policy . If you carry special form you would be covered for Fire , wind , hail , falling objects , smoke , vandalism . The roof would not be covered for normal wear and tear which is the responsibility of the homeowner to maintain and upkeep . Specific details of a potential loss should be discussed with your agent as they would befamiliarwith your policy and specificcoverage 's .


Input: How To Start Your Own Retirement Plan?

Output: The fundamental concept to understand is that you will earn a finite amount of money during your earning years . That amount of money will meet your current needs . Unless you shift some of that money into a retirement plan you may have a substantial decline in your standard of living when you stop working . There are many ways that you can prepare for retirement but visiting with a retirement income advisor is the best .


Input: How To Start Your Own Retirement Plan?

Output: Once you have a full time job , you want to establish the discipline of paying yourself first . Paying yourself first is the money mantra of retirement planning . The first step is to determine if your employer offers a defined contribution plan like a 401 -LRB- k -RRB- , especially if the employer matches any portion of your contribution . If theres no retirement plan at work , you may want to explore tax deductible IRAs that generate taxable income or nondeductible ROTH IRAs that generate tax free income at retirement .


Input: Does Medicare Cover Weight Loss?

Output: Medicare covers some weight loss programs when medically necessary . There must be a health condition that would be alleviated by weight loss in order for Medicare to pay . The program can include counseling , or , if more is needed , Medicare may pay for more options , including gastric bypass surgery under certain conditions .


Input: Does Us Auto Insurance Cover Driving In Europe?

Output: Usually not . US Auto insurance typically covers you while driving throughout the 50 states and in US territories . You usually are also covered if driving in Canada , but there may be a requirement that you carry proof of insurance on a Canadian form document , so check with your Insurance Professional . You should also ask if there is coverage if driving in Mexico as many policies place limits there too .


Input: Does Erie Auto Insurance Cover Rental Cars?

Output: Without specifics , `` it depends ... '' on what state the policy is written in . I am in New York and the NY Personal Auto Policy is required -LRB- by statute -RRB- to have some type of `` Rental Vehicle Coverage Endorsement ' . It is not optional . The endorsement sets forth an Insuring Agreement , Definitions , Priority of Payment , Exclusions , Subrogation , Duties after an Accident or Loss , and General Provisions . Coverage for the actual damage to or loss ofthe rental vehicle -LRB- with limitations -RRB- is provided ` regardless of fault . ' The endorsement does not set forth value or limit . Theoretically , I can rent a Rolls Royce , total it , and my carrier most likely pays the rental company the $ 350,000 value of the car including loss of use . My NY Rental Vehicle Coverage does not pay the ` reduction/diminution in value of the vehicle ' in the event it is repairable - thiscoveragecannot be added to my policy . Diminution of Value coverage is available through the physical damage insurance offered by the rental company -LRB- aka the collision damage waiver , etc -RRB- . A thorough reading of an Erie Personal Auto Insurance policy issued in your state is warranted as my answer only applies to theNew York Personal Auto Policy . Commercial or Business auto policies address rental vehicles in a different manner - a topic for a separate question .


Input: How Much Life Insurance Do I Need In Canada?

Output: Canadian life insurance professionals would approach life insurance needs analysis in much that same way as we would in the US in most cases . The focus would be on estimating cash and income needs . The one area where there may be a slight divergence is in the area of estate planning since there is n't an estate tax -LRB- though there are other transfer costs where life insurance can provide estate liquidity -RRB- . Consult with a life insurance professional near you to start the process .


Input: How Much Life Insurance Do I Need In Canada?

Output: Typically insurance NEEDS are determined by assets , liabilities and goals and desires ! So really Wants become a very real consideration . And this is true no matter where you live . If you are married and have a family , if you should die , do you want them to be able to continue in the same lifestyle as they live now for the rest of their lives ? Or do you just want to have your funeral paid for and maybe some of your creditors paid off ? My advise is to seek out an experienced insurance adviser , -LRB- or a few -RRB- , and ask them to help you figure out how much life insurance you should have to cover your needs and wants .


Input: Does Medicare Part D Cover Cymbalta?

Output: Medicare Part D prescription drug plans are sold by private health insurance companies . Each plan is going to have a formulary -LRB- the list of drugs a plan will cover -RRB- . Not every formulary is going to cover every drug . You can look up which plans cover your prescriptions on Medicare.gov using the `` find health & drug plans '' tool .


Input: Is Home Insurance Compulsory?

Output: Homeonwers insurance may be required by your mortgage lender , but as of this time and based on my knowledge homewoners insurance is not required by law . A home is a major purchase and homeowners insurance is highly recommended . It will help protect you and your family against a severe financial loss due to a covered event .


Input: Do I Need Medicare If I Have Private Insurance?

Output: It is really a matter of what coverage you have through your private insurance . Comparing your current coverage and out of pocket exposure to what is available with medicare and a supplemental plan would be the best way to determine which route it best for you . I find that if you are covered on a spouse 's plan and your premium is several hundred dollars per month and you have a considerable deductible , opting for medicare and a supplement may be a no brainer . Find a broker who can help you compare your options .


Input: Do I Need Medicare If I Have Private Insurance?

Output: Maybe , maybe not . The two things to compare are the cost and the coverage . Very seldom is private insurance cost effective compared to Medicare with a Medicare Supplement especially when you factor in the out of pocket costs . Be a good consumer and compare all the details with your local agent .


Input: What Is Best Retirement Plan For Self Employed?

Output: If youre self-employed , in a low tax bracket and have at least 15 years before retirement , many advisers are recommending Roth IRAs or non-modified endowment contracts life insurance held for the life of the insured . Both can generate tax free income at retirement and have less restrictions that am ERISA qualified plan .


Input: Does The Government Tax Life Insurance?

Output: One of the best reasons why people buy life insurance is because there the proceeds are not subject to income taxes . There are situations where the benefits can be subject to estate taxes . The most well-known situation is what 's commonly referred to as the `` Goodman Triangle '' -LRB- named after a court case -RRB- . This is when the policyowner , the insured , and the beneficiary are three different parties -LRB- e.g. a husband is the policyowner , the wife is the insured , and the kids are the beneficiaries -RRB- . When structuring the policy , you want to have two of the three parts being the same person/entity -LRB- e.g. policyowner and insured are the same person and beneficiary is different or policyowner and beneficiary and the same person and insured is different -RRB- . If a policy is owned by a trust such as an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- , the insured and beneficiary will be the trust and the insured will be the person who 's life the trust was created for .


Input: Does The Government Tax Life Insurance?

Output: If the owner and insured person of a life insurance policy passes away , and has no surviving spouse , the death benefit of the policy will be added to the value of his/her estate . If this total exceeds state or federal estate tax exemptions , the excess would incur estate taxes . As of now , only 21 states have state estate and/or inheritance taxes . The exemption for federal estate taxes in 2013 is $ 5,250,000 . So the government taxes relatively few policies with estate taxes . Life insurance is not subject to income tax , except in some cash policy situations . If someone collects their life insurance proceeds periodically rather than in a lump sum , they will be paid interest on the as-yet-unpaid amount , and the interest is taxed . Generally speaking , the tax benefits of life insurance is one of the features that make is so desirable .


Input: Does The Government Tax Life Insurance?

Output: The government taxes insurance companies on their earnings so indirectly we all pay additional premiums that are built into the cost of insurance . From a consumer perspective a policy 's cash values are not taxed on withdrawal unless the gains in the policy exceed the premiums a policyholder pays . The death benefit is tax free which is one of the biggest benefits of life insurance .


Input: Can You Change The Owner Of A Life Insurance Policy?

Output: Life insurance is personal property and can be owned by a person or entity . Only the owner can change the ownership of the policy . And keep in mind that there may be ordinary income tax ramifications on the value assessed on the policy beyond its basis . Its prudent to have a tax consultant assess the tax ramifications of any ownership changes .


Input: Can You Change The Owner Of A Life Insurance Policy?

Output: Only the owner of a life insurance policy can change ownership of the policy to someone else . If the owner passes away , the ownership of the policy goes to the contingent owner . If no contingent owner was named , the ownership of the policy goes to the estate . There the will , or intestate succession if no will exists , determines ownership .


Input: Can You Change The Owner Of A Life Insurance Policy?

Output: Yes . Keep in mind that when you change ownership you lose all control of the policy and turn it over to the new owner . Make sure you have a solid reason for doing so . Some common practices would include : Making a funeral home the owner and beneficiary so that the funeral can be prepaid , assigning ownershio to a Funeral Trust , assigning ownership to a trusted family member . There are other reasons but again remember that you lose control over the policy .


Input: Who Has The Cheapest Disability Insurance In Wisconsin?

Output: The answer to who has the cheapest Disability Insurance in Wisconsin will vary from person to person . That is because some companies cater to certain professions , others have the best price for persons of a certain age , etc. . And the price will vary depending on the bells and whistles you choose , the elimination period you select , and other features . Using a broker that sells Disability Insurance from multiple companies can help you find the cheapest rate for the best coverage .


Input: Who Has The Cheapest Disability Insurance In Wisconsin?

Output: You should really ask , `` which company offers the best value in disability insurance in Wisconsin '' . `` Cheapest '' often ends up being a poorly written plan of insurance , which might not pay benefits when you might expect them to . Much depends on your age , your occupation , your income , medical history , and tobacco use . An old mentor of mine used to preach `` never buy the cheapest parachute , the cheapest elevator or the cheapest motorcycle helmet ; they might not work when you need it to work ! '' I am located in the Milwaukee area , call me at 262-240-9933 if you want to talk .


Input: Who Has The Cheapest Disability Insurance In Wisconsin?

Output: Along with what Peggy and Steve mentioned , make sure whoever you choose as your agent presents you with multiple quotes for disability insurance . Too often , consumers think the `` cheapest '' policy is best , but it 's likely that the cheapest policy offers to poorest coverage . Your agent , assuming he or she does n't represent just one company , should be able to provide you different quotes that reflect different types of coverage -LRB- e.g. different benefit periods , elimination periods , different company , etc. -RRB- .


Input: When Can I Sign Up For A Medigap Plan?

Output: Insurance companies sell Medigap policies . A reputable insurance agent can discuss the differences between the plans and companies . Speak with someone who has knowledge and experience . Friends and family usually do not.Someone who can carefully explain the differences between Medigap and Medicare Advantage plans . Then you can make an educated decision .


Input: Is Homeowners Insurance Included In Association Fees?

Output: More than likely not . I am not sure which type of association you are referring to : condo versus homeowners . If it is a condo association , then part of your association fees will go towards the master policy . The master policy covers the building from the walls out and common areas . It is rare that association fees will go towards an individual unit condo policy -LRB- HO-6 -RRB- . If it is a homeowners association , then the fees go towards the board , common area maintenance and insurance for the common areas . All home owners are required to purchase their own homeowners policy -LRB- HO-3 -RRB- . I hope this helps .


Input: Can I Get Disability Insurance If Pregnant?

Output: No you will have to wait until the baby is born . No insurance company will want to accept the increased risk of complications . Disability policies are designed to protect againstunforeseenrisks . If the company knows you are pregnant then it also knows that there may be a period of time you will not be able to work after the baby comes . It would be buying a claim .


Input: Can I Get Disability Insurance If Pregnant?

Output: Can I get disability insurance when pregnant ? Well possibly , but you wo n't like that they would exclude covering time off for the pregnancy as it is a pre-existing condition . Depending on your health at the time , and where you are at in the pregnancy , you could be covered , but not for the pregnancy .


Input: Can Insurance Company Drop Your Home Insurance?

Output: A car insurance company can drop your homeowner 's insurance . It happens every day . For example , if your driving record was clean and you had no claims for 20 years , but you had three recent fire , vandalism or theft claims on your home insurance , there 's a good chance you will be cancelled .


Input: Can Insurance Company Drop Your Home Insurance?

Output: A homeowners policy can be cancelled if the home is not as represented in the application . A recent client indicated that they didnt have any pets . When a company representative visited the home they were introduced to the familys favorite pit bull . This resulted in a cancellation letter . There are other similar situations . Of course , the policy can always be cancelled for not paying the premium . In fact most companies have very little tolerance for late payments on any property policy .


Input: Can Insurance Company Drop Your Home Insurance?

Output: Yes an insurance company can non-renew your homeowners insurance policy for several reasons . Main reasons are change in risk . This could be due to claims or hazards on your home that have increased and as a homeowner you fail to mitigate . In other words if the insurance carrier can no longer tolerate you as a risk the insurance carrier can chose non renew . Keep in mind all polices are self terminating at the end of a term and the insurance company can chose at that time to either offer a renewal or chose to not renew . This is not an actual cancellation . Cancellations are actually much more difficult . The only way a cancellation occurs is if you the insured fail to make a payment or often on a newly written policy a hazard was not dealt with or there was mis-representation on the application . These types of cancellations however fall on the insured and not the insurance provider .


Input: Can Insurance Company Drop Your Home Insurance?

Output: That is a great question ! There are always reasons that a company would choose to not do business with you , and every one of them are preventable by you . The big three ? When you filled out your application you were less than truthful . What might seem to you to be a harmless white lie is still fraud to a business that values honesty , and promises to pay you their money based on your representation of that honesty . The second is when you change the terms of the contract without telling them . You add a pool , trampoline , or certain breed of dog , yet fail to tell the company , so they have an opportunity to protect themselves from the increased risk you just put them under . The last is your failure to make timely agreed upon payments . If you were the company , I 'm sure you 'd see it the same way , especially if it was your money at risk . I hope that helps . Thanks for asking !


Input: Is Health Insurance Sold Across State Lines?

Output: Yes , Health Insurance can be sold from Brokers who are located in other states . These Brokers do have to get certified in order to be listed as one of the Brokers you can use . These Brokers decide which states they want to work in and be available to prospective insured . When you go online in your state , search out the agent who you want to use to confirm their authorization to support you through the sign up process .


Input: When Can A Disabled Person Apply For Medicare?

Output: A disabled person can apply for Medicare Part D after two years of receiving Social Security Disability benefits . If you have been receiving SSDI for 24 months and live in one of the 50 states in the United States , you will automatically be enrolled in Medicare Part A and Part B.


Input: When Do You Need Long Term Care Insurance?

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


Input: How Much Can Money Can You Save On Your Insurance Costs Once You Get Married?

Output: I can not speak for other types of insurance , but when it comes to life insurance , getting married may or may not result in savings on your life insurance policies . Some policies do offer a spouse rider or discount when husband and wife apply , but I can almost always save money for the couple by putting each spouse with the carrier that has the lowest prices for their particular health details . Also , if you already have a reasonably priced policy with many years left on it , replacing it may not be in your best interest . Consulting a reputable agent by phone or in an office can help you determine how to save money and still get the most suitable coverage for you and your new spouse .


Input: How Much Can Money Can You Save On Your Insurance Costs Once You Get Married?

Output: That is a great question ! There are some really important decisions for you to make when it comes to your insurance policies now . Here are some things to consider : 1 . -RRB- Do n't forget to change the beneficiaries on your life insurance policies to reflect your new spouse . If something were to happen to you , would n't you want them to get the money ? 2 . -RRB- Look at your auto insurance policies - shop both companies and see who will offer the cheaper rate for you , if your spouse were to be added to your respective policy . Consider the advantages of consolidating your renters/homeowners policy there also , to gain bigger discounts . 3 . -RRB- Your marraige qualifies as a life event that allows you to switch your health insurance coverage . Whose policy is cheaper to add the other to ? Check into that also . You can save a bundle , with just a few phone calls . I hope you find that true for you . Congratulations , and may God bless and keep your marriage ! Thanks for asking !


Input: How Much Can Money Can You Save On Your Insurance Costs Once You Get Married?

Output: In California there isnt a discount available for married people . Single drivers pay the same as married drivers based upon their years of experience and driving record . Life Insurance policies are available to joint lives regardless of the marital status . Homeowners policies , likewise , do not lower the cost for married couples as opposed to other arrangements . Marriage may be an asset in many regards ; however , it does not enjoy lower costs in the insurance world .


Input: What To Look For When Buying Critical Illness Insurance?

Output: The definition of a listed critical illness is most important in evaluating critical illness plans . Too often the salesperson -LRB- or buyer -RRB- will read the big print and ignore the actual definition of the illness . Cancer is normally a covered item but some forms of cancer may pay a reduced amount . Another issue is buy a plan that is a health policy , not a life insurance plan with a rider .


Input: What To Look For When Buying Critical Illness Insurance?

Output: The main thing to look for in buying Critical Illness Insurance is the list of conditions that it covers . Most policies only pay in case the condition is life threatening and disabling . Thus , low stage cancer is usually excluded or pays a reduced benefit , even though cancer itself is a serious disease .


Input: How To Get Group Health Insurance As An Individual?

Output: You generally need at least 2 qualified people to get group insurance . Qualified meaning employees . If you 're asking because of pre-existing conditions , remember that pre-existing conditions wo n't matter anymore starting January 1 , 2014 due to healthcare reform . The other advantage of group insurance is that you pay the premium with pre-tax dollars , but again , you must submit documentation proving employee status .


Input: How Much Does Vacant Home Insurance Cost?

Output: The cost of insurance coverage for a property that is vacant is going to vary depending on the many factors that go into determining the rate . Some of those factors are : geographic location , valuation of the property , age of the property , claims history of the insured and the property , along with many others . In my experience I have seen most start at about $ $ 900/yr .


Input: How Much Does Vacant Home Insurance Cost?

Output: In our case we charge about 30 % above the normal occupied rate however there are some insurance companies that do not even write any property insurance for a vacant dwelling . Best idea is call your current agent and find out if he or she have the ability to write vacant dwellings . Finally rmember most companies have a 30 day vacancy clause meaning if the property is vacant more than 30 days there may be limited coverage or no coverage on your policy . Consult your agent for more informaiton .


Input: How Can I File A Complaint Against An Auto Insurance Company In Tennessee?

Output: Complaints regarding any type of insurance in TN need to be filed the TN Department of Consumer Insurance Services . You could contact them by phone at 615-741-2218 . They will listen to your complaint , but ultimately will direct you to their special online form found on the state 's website.You can bypassthetedious process of drillingdown through the state 's websiteand find theonline form to complete at the following link : - WEBSITELINK


Input: Does AAA Homeowners Insurance Cover Pitbulls?

Output: That 's an easy one . No . Pit Bulls are on the vicious dog list and are not acceptable by any insurance provider that I am aware of . However there are a limited few insurance providers that will allow you to have the pit bull as long as there is not bit history . But liability for a dog bite will be excluded .


Input: What Type Of Retirement Plan Is Based On A Formula?

Output: All group retirement plans that are covered by the Employee Retirement Income Security Act ERISA are based on some formulaic process . This formulaic process is used to ensure against discrimination in the plan . Federal law defines discrimination as a plan that too heavily favors highlight compensated employees . Highly compensated employees are employees who earn over a certain amount in annual income , as of 2013 that amount is $ 115,000 .


Input: How Much Does It Cost To Add A Person To Auto Insurance?

Output: More , less or nothing ! Insurance companies use many criteria in rate calculation . Age , driving record , occupation , vehicle usage can all affect the rates either up or down . If you 're adding your just licensed son or daughter , you can count on a rate increase . But the most reliable way to find out what your costs will be is to make a call into your insurance agent . It will take only minutes to get you the info you need .


Input: How Much Does A Red Car Increase Insurance?

Output: This will more than likely vary from carrier to carrier and even possibly location to location . Based on my education and experience within the industry so far I would guess that the amount is minimal as color of the vehicle to be covered is not a question that is normally asked of a prospect .


Input: How Much Does A Red Car Increase Insurance?

Output: I am not sure what carrier you are with or what state you are in But in all the years that I have been in the industry I have NEVER seen the color of a car make any difference on the rates for your insurance . . Every carrier that we use does n't even ask the color of your car . I have for many years been told this is one of those so called tales that pop us and people think it is the color of the car that makes the rates . If your agent did n't ask you about the color of your car and nor did your carrier then I am sure that it makes no difference as far as rates got .


Input: When Does Your Car Insurance Go Down?

Output: In California car insurance premiums decline as you become a more experienced driver . They decline if you elect to forgo certain coverages . They decline when you get farther away from your bad driving record . They go down if a student in your household is a good student . They go down when you drive fewer miles annually .


Input: Why Is Life Insurance An Important Part Of A Financial Plan?

Output: Financial planning is comprised of three basic ideas : The Transfer of Assets , The Accumulation of Assets and the protection of assets . The protection of assets is , by its very nature , defensive planning . Life insurance defends your beneficiaries , whether family members , business associates and charities who financially depend on you .


Input: What Is Apartment Renters Insurance?

Output: This is a form of homeowners policy that is designed for a renter . It doesnt have any coverage for the building itself . It provides coverage for your personal property -LRB- clothes , furniture , appliances , etc. -RRB- It also provides liability insurance . It will cover lawsuits that come from bodily injury and property damage . This form of insurance may be required by a landlord , but it is the only way that you can recover your personal property when it is destroyed . It is also the only way you can avoid the tremendous expense that accompanies a law suit .


Input: How To Calculate Fixed Annuity?

Output: Only insurance companies write annuities . An annuity is calculated based upon the life expectancy of the annuitant . The number of annuitants who make it to the next year is fairly high , the following year , somewhat fewer and so on until you reach life expectancy . At that point half of the annuitants will have died . Then the mortality tables illustrate that every year the percentage of survivors will be reduced significantly and the number who die will accelerate . However . some will make it to 110 but that is all in the actuarial calculation . Spreading the risk over many lives allows the insurance company to make accurate projections of the amount of money they will need to provide the promised benefit .


Input: Why Do Guys Pay More For Car Insurance?

Output: Car insurance rates are rarely a moral issue . If guys have worse driving records than young women , the company can ask many states to allow them to rate them separately . In California , that isnt an option . There are only a few rating factors in California and sex isnt one of them . That doesnt make insurance cheaper , it merely means that there isnt a distinction between male and female drivers in California .


Input: What Do They Test For When Getting Life Insurance?

Output: In a nutshell , life insurance companies test for signs of illness , tobacco use and drug use . The lab tests detect signs that the liver , pancreas , kidneys , heart , and other organs may be malfunctioning . They also detect cotinine , a byproduct of nicotine , and some illegal drugs . These results enter into whether the policy can be approved , and the price that the insured person will pay .


Input: What Do They Test For When Getting Life Insurance?

Output: Every company has their own markers that they look for when underwriting a policy because they each have their own underwriting guidelines they follow . When you take an exam for a life insurance policy , you usually have a blood test and urine test in addition to the health questions and vitals check . For older individuals , the carrier may ask you to complete an EKG as well -LRB- seniors may also be asked to complete a mature assessment - this looks at cognitive and mobile abilities -RRB- . Common things carriers look for in these tests are cholesterol levels , A1C levels -LRB- A1c is your blood sugar control - in short , a check to see if someone is diabetic or are already diabetic and have good control -RRB- , liver function studies , kidney protein levels , any nicotine , to name a few things . There are other values that carriers look at in the results , but they will vary by carrier . If you 're uncomfortable taking an exam , there are non-medical policies available , but you will pay a higher rate -LRB- in short - it 's compensation to the carrier for taking on more risk since they wont have a full review of your medical history to underwrite the case with -RRB- . I would recommend consulting with an experienced broker before applying for any coverage to review your options and see what will work best for your program . Please feel free to contact me for further assistance . Thanks very much .


Input: Where Do I Apply For Medicare?

Output: You can apply for Medicare online at www.medicare.gov . If you are receiving Social Security at age 65 , you will automatically be enrolled in Medicare Part A and B . This website will explain that and give you the forms needed to apply for Medicare online . Otherwise , you may visit your local Social Security Office or call 1-800-772-1213 .


Input: How Can I Compare Health Insurance Quotes In New York?

Output: Comparing health insurance quotes in New York is fairly easy and does n't take long . It 's important that you compare rates through an experienced broker and their reputable website . After you provide some basic information , you can compare rates and coverage from the major companies in the state . Keep in mind that starting in October of 2013 , Open Enrollment begins for 2014 effective dates . You may be eligible for a federal subsidy that reduces your premium . And pre-existing conditions will be covered . As an experienced broker , our job is to find affordable plans that provide the benefits you need at the lowest possible cost . And of course , there is no cost or fees when using a broker . Hopefully this helps !


Input: Why Is Smart Car Insurance So Expensive?

Output: Vehicles are given price group symbols which is a number that works as a rating factor forvehicles These numbers are based in large part on performance and how well a vehicle does in an accident and the costs that may potentially follow . I 'm pretty sure performance is not an issue with a smart car but while I do not know for certain my experience tells me anytime a smart car is in an accident it 's probably a total . Since the car has not been out for a real long time experience may change symbol of the vehicle .


Input: Does Life Insurance For Children Work?

Output: In what way do you mean ? As a college funding choice , possibly , but it would require significant investment that might be better spent on the parents to insure college . A life insurance policy on a child is a good idea for several reasons . Set up properly it is a financial cornerstone to a sound financial portfolio beginning for a child as they grow into adulthood . Imagine locking in a price that is extremely low and having it gain in value over the years into adulthood . Add the option of guaranteed insurability to the plan and you 've taken away the ability for an insurance company to say `` no '' to your child in the future . That is extremely valuable . Now , let 's look at the sad side of insurance on a child . What if you need it ? As heartbreaking as it would be to lose a child , imagine having to figure out what you can `` afford '' for a service or headstone ? Imagine how much time you 'll need off of work and what your employer would cover salary wise ? For the same reason I purchased insurance as a young single man , long before I went into this business , I did n't want a double or triple whammy for my parents who would already be dealing with my death . Throw lost wages in there and having to find the money to bury me and I 've created devastation in my household . While may God forbid , if you were to lose a child , is n't that enough ?


Input: When Does A Life Insurance Policy Become Effective?

Output: The timing of life insurance becoming effective depends on a few things . If you apply for life insurance and submit the minimum initial premium with the application , the company 's `` conditional receipt '' will determine when the coverage begins . Each company 's terms will be a little different . If you applied for the insurance without submitting any premium , the coverage usually would n't begin until after the application is approved and you submit the initial premium .


Input: What Is A Shadow Account For Life Insurance?

Output: A shadow account refers to the secondary guarantees of guaranteed universal life policies . There are a creative accounting practice by some life insurance companies to mitigate the cost of reserving . Last year AG38 was imposed as an industry wide regulation to compel life insurance companies to reserve more cash to the guarantees . Although some life insurance companies withdrew from this market , guaranteed universal life is still a significant product line among brokerage carriers .


Input: I have full coverage auto insurance, so is anyone who drives my car covered?

Output: It would be a very good idea to talk with your Insurance Professional about this so that you have a solid understanding of the terms and conditions of your particular policy . In general , standard personal auto policies that I have seen provide coverage to you , your resident family members and anyone who you designate to drive your car .


Input: I have full coverage auto insurance, so is anyone who drives my car covered?

Output: In California the automobile is insured . The premium is based in part on the drivers in the household but it is the automobile that is the covered object . The automobile is insured as long as it is being operated by a licensed driver using the automobile with the permission of the owner . Any loss the driver sustains will be a mark against the automobile and could affect renewal premiums .


Input: I have full coverage auto insurance, so is anyone who drives my car covered?

Output: It would be best that you speak to your Agent/Broker or Insurance company for detail explanation of your policy . But It depends on your policy or state as to whether it would be covered or not.To answer your question `` In small word 's '' if you voluntarily hand your keys and lend your vehicle to someone else -LRB- your brother getting some food at the super market -RRB- then yes they would be covered . Now the only policy that i seen that would not covered it is a Texas policy that is called Named Driver only policy in which you name who are the only persons that would be covered under that policy . I can only speak for NYS so I would advice you to speak to your agent or company if they would covered this type of accident . Thank you .


Input: Does Medical Insurance Cover Car Accidents?

Output: If you happen to live in a state where it is mandatory that your car policy includes coverage for primary medical benefits , then that portion of the claim must be handled by your car insurance company first . Once those benefits are exhausted , the claim may then be turned over to your medical insurance provider . States where such coverage is voluntary as opposed to mandated , if you choose to carry medical coverage on your car policy , it would work exactly the same way .


Input: Does Medical Insurance Cover Car Accidents?

Output: That is a great question ! The answer depends upon your policy , and your State . Some States require that you carry liability as part of your insurance coverage . If your policy does , then there will be a specified amount that will be paid for someone that you injurer 's hospital bills . If you do not have liability , then chances are you will be sued for those expenses . If your policy specifies that it will pay for your medical expenses , you will receive whatever the limit there is . To find out for certain , please contact your agent , or look on the declarations page of your policy . I hope that helps - thanks for asking !


Input: What Is Pay As You Go Car Insurance?

Output: There are not many carriers that offer such a thing . The pay as you go is really not the best way for them to word it . Hallmark insurance offers this type of coverage it really is just a 30 day policy lets say you made your payment on the 10th you get an insurance card that would say it expires on the 10th the following month . Then the next time you come in and pay let say this time it is the 15th then your policy renews on the 15th but you have had 5 days with no insurance Many people like this option how ever the rates can be a bit higher as the carrier anticipates that you will not be renewing the policy . Contact your local agent and ask them if they have just 30 day policies rather then pay as you go they will be more receptive to quote you and also they understand that you are looking for a shorter term


Input: Does Renters Insurance Cover Garage Theft?

Output: If the garage is part of the premise that you rent , you may coverage through your renters policy . Your personal property is covered up to a dollar amount specified within the policies limits . Please read your policy completely to understand what coverage is provided and exclutions that there may be .


Input: What Type Of Retirement Plan Is Best?

Output: The first consideration is whether the retirement plan should be qualified or non-qualified ? The size of your business and the cost of the plan are determining factors . The second consideration : what is your effective tax bracket ? The third consideration : How much are you willing to contribute and for how long ? Once these questions are answered then the selection process will be narrowed and your choice quantified .


Input: Does Renters Insurance Cover Burst Pipes?

Output: If you are renting a property -LRB- your the tenant -RRB- and a pipe bursts damaging your personal belongs then your personal belongings would be covered under water damage by your renters policy . Also if the water damage made your home temporarily un-livable you should also be covered for loss of use by your renters policy . Your are not responsible for the pipe itself . This is the duty of the landlord to repair .


Input: Can A College Require Health Insurance?

Output: Colleges and Universities typically do require that you have qualified health insurance coverage . As an experienced health insurance broker with 33 years of experience , we often discuss these plans with customers . Remember that you can either accept the University plan that is offered , or choose your own plan , that may be less expensive with better benefits and a larger network of doctors and specialists . When choosing your own plan , there will be specific college requirements that should be met .


Input: Can A College Require Health Insurance?

Output: That is a great question ! Many colleges require a minimum amount of health requirements , especially when it comes to immunizations . We are required by the Federal Government to have health insurance coverage , and because so many people do n't have coverage , yes , many colleges do require it . The last number I saw was approximately 35-40 % of Colleges require health insurance coverage -LRB- ACHA 2008 study , if I remember correctly - I have kids in college -RRB- . That number may be higher by now . Having the requirement allows the school to lower their liability , and helps protect the student body . If you need insurance , please feel free to contact me , I 'd be happy to help . Thank you for asking !


Input: Can You Get Your Life Insurance License With A Misdemeanor?

Output: Yes . Almost anyone can get life insurance . The difference is the company , type , amount of coverage , and the rate paid . Each company has its own set of policies offered and standards for each of those policies . There are many life insurance companies out there . If one does not have a product that fits your needs seek another . Do use a local agent that you are comfortable with this will help should you ever have other questions about your policy or need to re-evaluate your coverage . It will be a point of contact that you are already familiar with .


Input: Can You Get Your Life Insurance License With A Misdemeanor?

Output: Most life insurance companies will accept a misdemeanor with a few provisos like drug related activity . But by and large its not a deal killer . If there are no other mitigating circumstances with the potential insured , it will more than likely be treated as any other applicant and the policy issued accordingly .


Input: What Role Does Reinsurance Play In Life Insurance?

Output: What role does reinsurance play in life insurance ? Reinsurance is a safety net used by insurance companies when a large face amount of coverage is purchased to spread the risk a bit among themselves and the reinsurer . They pay the reinsurance carrier for their risk and involvement in the policy . The insured usually does n't know this is happening . Any claim would be paid through the primary carrier .


Input: How Does Medicare Hospice Work?

Output: Medicare pays 100 % for most health care expenses incurred while receiving hospice care . Hospice care is reimbursed by Medicare if the patient 's condition is terminal and treatment for the cure of the condition has ceased . Pain management , comfort measures , therapy , counseling , and necessary medical equipment are all covered by Medicare . The Medicare recipient will be required to pay a co-pay for a hospital stay to give respite to the caregiver .


Input: Who Is Eligible For Cobra Health Insurance?

Output: Persons eligible for coverage and who were covered under the employer 's group health plan as of the date of the termination of employment of the employee are eligible for COBRA continuation . Generally this means the employee themselves and possiblytheir spouse and/or children . The COBRA Federal continuation requirements apply to companies with more than 20 employees , groups smaller than this operate under guidelines from their state insurance commissions that vary from state to state and are often not totally consistent with COBRA legal requirements . The most notable area of difference usually being the period of time a person can continue their coverage through the group . As such , the size of the employer group a person is leaving can also determine whether or not COBRA applies to them at all . One of the reasons COBRA was originally implemented was to keep people with pre-existing medical conditions from immediately losing their health insurance coverage when they lost a job . Since January 1 , 2014 pre-existing condition exclusions and underwriting have been eliminated and all individual policies have become guaranteed to be issued . In addition , for individual health insurance plans bought through the government health insurance marketplaces people can be eligible for premium subsidies with income levels up to 400 % of the Federal Poverty Level . For these reasons , while COBRA continuation continues to exist , it is now only an option to be considered for an ex-employee and COBRA continuation is now often not the most cost effective option available . Exploring your options in the individual marketplace definitely makes sense and you should seek out the services of a health insurance broker who represents multiple carriers with products both inside and outside of the government marketplaces .


Input: Who Is Eligible For Cobra Health Insurance?

Output: COBRA -LRB- the Consolidated Omnibus Budget Reconciliation Act -RRB- is a program that was passed to allow people to continue group health insurance that would otherwise have been terminated . The most common users of COBRA are employees who leave their job where they had employer-sponsored health insurance , usually after being laid off or leaving the group on their own terms . COBRA coverage can be kept for up to 18 months and is only available to individuals and families covered under a plan with more than 20 employees enrolled . Your premiums under COBRA coverage are 102 % of the total cost of insurance this is important because many employers pay for part of the cost while the employee is still working . COBRA election applies to each person individually that is covered under a given health plan . Since health insurance is guaranteed issue under the affordable care act , you do not want to wait until your COBRA coverage expires to look for a new policy . Doing so can cost you a lot more money unnecessarily . Consult with an experienced health insurance broker to compare your options and see which plan option will best serve your needs . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Who Is Primary Beneficiary Of Life Insurance?

Output: Life insurance is an indemnification product used in defensive planning to protect the beneficiaries from economic loss due to the death of the policy insured . The first line of indemnification is protecting the primary beneficiary , the one who would suffer the greatest of financial repercussions . In a marriage for example , the spouse of the insured would be first position , primary beneficiary , the children of the marriage could be contingent beneficiaries .


Input: Who Is Primary Beneficiary Of Life Insurance?

Output: The primary beneficiary of a life insurance policy is the one who would receive the money if the insured person passed away . There can be more than one primary beneficiary , with each one getting a certain percent of the death benefit . If the primary beneficiary is deceased , the money is split between the other primary beneficiaries . If there are no other primary beneficiaries , the death benefit then goes to the contingent beneficiaries .


Input: Who Is Primary Beneficiary Of Life Insurance?

Output: The primary beneficiary of life insurance is the one who would receive the money if the insured person passed away . There can be more than one primary beneficiary , with each one getting a certain percent of the death benefit . If the primary beneficiary is deceased , the money is split between the other primary beneficiaries . If there are no other primary beneficiaries , the death benefit then goes to the contingent beneficiaries .


Input: Can You Pay For Car Insurance Using A Credit Card?

Output: Generally you can pay for car insurance using a credit card . Some carriers require that you be on EFT if you want automatic payments taken out monthly , but you do n't have to be on automatic payments . You can just call in a credit card to pay the bill . Most carriers will accept credit cards for the down payment , as well . There are a few exceptions , such as Texas Fair Plan , who only take checks and money orders , but those are few and far between .


Input: Can You Pay For Car Insurance Using A Credit Card?

Output: Many companies these days offer a wide variety of payment options and included among those is usually payment by credit card . Some enable you to set up automatic monthly charges which makes things very easy to manage in many cases . Your Insurance Professional may also be able to process card payments with you over the phone .


Input: Can You Pay For Car Insurance Using A Credit Card?

Output: That is a great question . The answer is generally yes , but the better question is why would you want to ? Your rate goes up effectively by your interest rate , and if you do n't pay off your credit card monthly , then you just increase the cost of your insurance over time . Use your credit card only as a last resort when paying bills . If you would like some budgeting help , please contact me privately , and I 'll be happy to help . Thanks for asking !


Input: What Is The Average Cost Of Life Insurance In Texas?

Output: What is the average cost of life insurance in TEXAS ? Well , there is no real answer for this question . Pricing is based on a individual basis using age , sex , health and habits to determine pricing . Each one of those factors as answered by the applicant also fit them into a class of insured which either lowers or increases cost .


Input: What Is The Average Cost Of Life Insurance In Texas?

Output: The average cost of life insurance in Texas depends on the person . Young people with excellent health pay far less than older persons with poor health . The type of policy also enters in , with permanent insurance having a higher price tag than term . To find the average price for a particular person in Texas , go to a website quote engine that provides quotes for your state . If you choose an instant quoter , you can input different face amounts and terms and see how they vary .


Input: Can You Go To Jail For Having No Car Insurance?

Output: Is it possible to go to jail for nothavingauto insurance . Yes it is possible . Slim but possible . Usually your looking at a hefty fine unless you are either a repeat offender or are involved in an accident or a combination of the two . It is illegal to operate a motor vehicle without insurance .


Input: Can You Go To Jail For Having No Car Insurance?

Output: It depends upon the state . I can only speak to Michigan laws , and the answer is maybe . In Michigan , if you are driving without proof of no-fault insurance , then you can receive a ticket in the amount of $ 200 to $ 500 and up to 3 points on your license . The reason I say this might lead to jail time is if you have prior points on your license due to not having no fault insurance . Getting pulled over and cited again for the same violation could land you in court and earn you some jail time depending upon the judge 's ruling . I know that is wishy-washy but there is no direct jail time associated with no insurance in Michigan . In summary , talk to a lawyer about it .


Input: At What Age Should You Get Disability Insurance?

Output: You should secure disability insurance when you enter the workforce full time . Disability insurance is part of defensive planning . Most American workers have 90 days in cash reserve and could not maintain their lifestyle without income . Disability insurance is paycheck protection during times of protracted sickness and/or injury and can generate tax free benefits when you need it most .


Input: How Does Health Insurance Work In Ohio?

Output: Health insurance in Ohio is available through a number of different sources . An experienced broker and their website are a great way to obtain free quotes -LRB- online or phone -RRB- and apply for affordable coverage . The Ohio State Health Exchange will offer Open Enrollment in October of 2013 for 2014 effective dates . Pre-existing conditions will be covered and a federal subsidy will be available to persons that qualify .


Input: When To Enroll In Part B Medicare?

Output: Most people will automatically be enrolled in Medicare Part B at the same time they are enrolled in Medicare Part A . They will receive their Medicare card in the mail three months before their 65th birthday or in the 25th month of their disability . If you or your spouse is working at a job with over 20 employees where the group health insurance provided is your primary carrier , you may delay enrolling in Part B. Call the Social Security Administration at 800-772-1213 to discuss before delaying or turning down enrollment in Medicare Part B .


Input: At What Age Does Term Life Insurance Go Up?

Output: The mortality rate increases every year . That means for every year you survive , your chances of not surviving the next year are greater . If you purchased one year term insurance the price will increase every year . When you buy a ten or twenty year term policy , the premium charged for those years is level but is roughly the average you would have paid for the one year term policies . The shock is to look at the one year term rate after your guaranteed premium period expires . It can be multiples of your guaranteed premiums , and it increases every year .


Input: At What Age Does Term Life Insurance Go Up?

Output: Term life insurance goes up in price after the years for which the guaranteed premium have been completed . E.g. . If you took out a 30 year policy at age 30 and it was guaranteed not to go up in price for the full 30 years , it would go up at age 60 . If the policy was guaranteed not to go up for 20 of the 30 years , there is a chance that it could go up at age 50 .


Input: What Type Of Life Insurance Can You Borrow From?

Output: The type of life insurance you can borrow from is permanent life insurance that has a cash value . This can be Whole Life , Universal Life , Indexed Universal Life or Variable Universal Life . Normally , Term life does not have a cash value , and therefore is not a policy that can be borrowed from . Keep in mind that you may need to wait for a permanent policy to build a cash value before you can borrow from it , and not all cash value accumulation is guaranteed .


Input: Why Are Variable Annuities Bad?

Output: Variable annuities are not bad , Whether they are right for you depends on your individual situation . In Canada variable deferred annuities -LRB- during investment accumulation phase -RRB- are often referred to as segregated funds or seg funds . Seg funds are similar to mutual funds so your investment is at risk , but since they are issued by an insurance company they have minimum maturity and death guarantees typically 75 % or 100 % . Some companies also offer resetting or locking in of investment gains . In order to determine if , or which , investment funds are right for you , a risk tolerance questionnaire should be completed . In addition , before you purchase you are to receive an information folder in the interest of complete disclosure . You will find more information on segregated funds at my web site www.jpw.ca Immediate variable payout annuities have a portion or all of the income dependent on the performance of a fund or index . An independent insurance agent / broker will be able to assist you with options from a number of companies . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Why Are Variable Annuities Bad?

Output: A variable annuity is a financial planning tool . It can help some customers but is not necessarily correct for everyone . The variable annuity addresses the risk of inflation , which a fixed annuity doesnt . The fixed annuity addresses the risk of safety of principle , which the variable annuity does not . It is like comparing a stock portfolio with a savings account .


Input: Does Home Insurance Pay For Water Damage?

Output: Great question ! If the water damage has occurred within the house , then the answer is yes , you should be covered . If the damage is from flooding , or water from outside of the home , then you may have trouble when you file your claim . Flood damage is typically not covered in your homeowners policy . Call your agent to be certain that your damage is covered . Thanks for asking !


Input: Can You Get Life Insurance With Ms?

Output: Most people can get life insurance with MS -LRB- Multiple Sclerosis -RRB- . Many people check into life insurance when first diagnosed , and you will not be declined during the first year with all companies . Contact an agency that understands underwriting for MS life insurance to get your best rate for all stages and types of MS.


Input: Can You Get Life Insurance With Ms?

Output: There are four basic types of multiple sclerosis -LRB- MS -RRB- : relapsing-remitting , primary-progressive , secondary-progressive , and progressive-relapsing . Obtaining coverage depends on your age of onset , the number of attacks , the latest attack , the treatment and medications youre on . Generally speaking , Standard issue for a nonsmoker is the best health classification is most mild cases of MS. Declination if you were just diagnosed within the last year .


Input: How Can I Get Life Insurance Online In Pennsylvania?

Output: Not all insurance companies offer online applications , but many of the top low cost life companies in Pennsylvania do allow for online applications . You can get quotes for dozens of companies in your state state by visiting WEBSITELINK Any of the quotes you see that say `` e-signautre '' allow you to submit your application online . If you need further assistance , one of the agents at the company will be happy to provide a consultation at no charge whatsoever .


Input: How Can I Get Life Insurance Online In Pennsylvania?

Output: There are a number of agencies represented by contributors to InsuranceLibrary.com that will provide online quotes to Pennsylvania residents . You can look through the leaderboard to see who looks reputable , will provide good customer service , and allows you to and experiment with different quote options . The next step is to email or call the agency to firm up your quote . Any life insurance offered online without any further questions probably is priced higher so that it covers all types of health , or else they can easily decline you . At this point , you can fill out the application in one of several ways : paper , digital , phone , in person . If you are applying for a No Exam policy it could be in effect within hours or days . If one that requires an exam , you will be contacted to do a free exam in your home or other place of your choice , then your application will go through an underwriting review . Some policies are paid for up front , some are paid upon approval , and some are paid after you get the policy in the mail and have looked it over . Some online agencies give you a choice . There are many online agencies that serve Pennsylvania , so be sure to use one that you trust and that will work with you to get your best policy and price .


Input: Who Buys Medigap?

Output: Most recipients of Medicare are advised to carry a medi-gap policy . Medicare was not designed to cover all procedures and the medi-gap policies are designed to meet the critical shortfalls in coverage . The coverage is set out by the Social Security administration but different companies offer the plans at different prices .


Input: Is Universal Life Insurance A Tax Shelter?

Output: Universal Life Insurance can be a tax advantaged saving or investment product that can accumulate tax deferred and generate tax free distributions via withdrawals to basis after 15 years and/or policy loans of gain . However , the policy must be kept in force for the life of the insured or all policy loans of gain and internal policy loans will re-characterize as phantom income and taxed as ordinary income in the year of lapse or termination .


Input: How To Compare Life Insurance Rates?

Output: First of all , dont go to websites with life insurance rates . I know everybody likes to do this , but youll never get good information . Why not ? Simply because you need to know the rate class for what you qualify with any given company . How do you really know you qualify for preferred ? Preferred Best ? Standard ? The problem is that the vetting questions used on these websites are never thorough enough to give you a really reliable underwriting classification . Besides , what about all the gray areas that need explanation ? You used to drink heavily , but now you dont . But you stopped only a month ago . Is that long enough to avoid a rated premium ? So what do you do ? You get yourself a broker who will prequalify you . He or she will compile a risk profile about you based on thorough and accurate quote information . He will advocate on your behalf to make sure you receive all the credit you deserve for the risk management and avoidance you are doing . He will present this to selected carriers with a reputation for being competitive for a profile such as yours . Then , when you get numbers from different carriers , they will mean something because you know you really qualify for them .


Input: How To Compare Life Insurance Rates?

Output: To compare life insurance rates , be sure you are comparing the same type of policy to another . E.g. Comparing 10 year term to 20 year term is not a legitimate comparison . Check to see how long the rates are guaranteed not to go up . If one 20 year policy is guaranteed not to go up in price for 20 years , it is not fair to compare it to a 20 year term policy that is guaranteed not to go up in 10 years . Do not compare a policy by the rating they give you . Compare them by price . Ratings are just words . Price is where the rubber meets the road . If you have a quote for a level premium that will not go up in price , and also quotes for graded coverage/policies that can go up in price , it is usually best to go with the level premium that will not go up in price , even if it is higher .


Input: How Expensive Is Car Insurance In Nebraska?

Output: Giving a price for auto insurance in Nebraska or any area is diffuclt as there are many factors that determine the price you may recieve . That being said some of the factors that can help with pricing are credit , tickets in the last 5 years , accidents or suspensions in the last 5 years , where you live , the type of car you drive and more . I quote many each year and if you have the variables a company likes you will get good pricing . I was a captive or one company agent for years and we had a price and it was what it was now I am an independent agent and have many companies to try and help people . I recommend you look around or call an independent agnecy so they can try to find a company that fits you with policy and price . Good luck


Input: Does Renters Insurance Cover Accidents?

Output: Yes , in most cases if the accident is caused by a covered event possibly less the policy deductible . Please remember every policy is different . Please read your policy completely to understand the coverage provided and exclutions that there may be or contact your local agent to have them go over the policy with you .


Input: Does Renters Insurance Cover Accidents?

Output: A renters policy pays damages incurred due to bodily injury or property damage up to the limit in the policy . The coverage is designed for events that take place on the premises that is rented ; however , there are certain extensions that can provide coverage elsewhere , for example if your child starts throwing rocks at a glass building .


Input: Is Disability Insurance Worthwhile?

Output: Disability insurance is paycheck protection . Depending upon your age and health you might pay 3 to 5 % of your compensation in annual premiums . The odds are high that youll experience a disability event in your working life time , higher odds then dying . Most working Americas have 90 days in cash reserves . If you cant afford to be without a paycheck then you should consider it .


Input: What Is Homeowners Insurance Binder?

Output: A binder is a one page summary showing the policy is issued or now in force . We use the term the policy is bound and this is where binder comes from . In most cases when a new policy is issued an agent can issue a binder to the insured or lender showing proof of coverage since the actual policy deceleration pages will not be available for several days .


Input: What Is Homeowners Insurance Binder?

Output: A homeowners insurance binder is a document that is prepared and completed once the policy / coverage has been purchased . Also known as evidence of insurance , this form lists out the primary coverages that are on the home insurance coverage that you have purchased , including coverage limits , deductibles , mortgage information - and can also include other specifc coverages you have elected to purchase as well as can include certain coverage exclusions .


Input: What Is Best Life Insurance Company?

Output: People define the best life insurance company in different ways . Some go by rating agencies : AM Best , S&P , Moody 's , Fitch , Weiss , or even independent sources like The Street . Some go by consumer ratings . Some judge life insurance companies by their size . For others , it is the one with the lowest price . So it is impossible to peg one life insurance company as the best as no one company fits these variables in every category . If you were to look just at agency ratings , New York Life , TIAA-CREF , and Northwestern Mutual all have highest ratings from the first four ratings agencies I listed above .


Input: Is Life Insurance Taxed In Massachusetts?

Output: Life insurance in Massachusetts is exempt from income tax in most situations . If the death benefit is paid to the beneficiary in installments , the interest earned is subject to income tax . If the death benefit has interest earnings in addition to the face amount , the interest may be taxed . And if the face amount is cashed in before death , there are some tax implications for the policy owner . Aside from that , however , life insurance is not charged income tax as long as the beneficiary is a person , trust , or other entity.To avoid paying income tax , do not make the beneficiary the estate .


Input: Is Life Insurance Taxed In Massachusetts?

Output: Massachusetts has an estate tax for any estate larger than $ 1,000,000 and the top marginal tax rate is 16 % . Life insurance policies directly owned by an individual who dies as a Mass resident has the total of their life insurance proceeds included in their gross estate for the estate tax computation .


Input: Is Central Air Covered By Home Insurance?

Output: If I am understanding it correctly you are asking about the compressors and not the overall system that uses the same duct work as your heating system . If that is not correct I apologize , but that is what I think you are referring to . In which case you are asking if a failed compressor is covered under your policy.The answer is it depends on what caused it to stop working . If it is hit by lightning , then that is typically covered . If it stops because it just reaches an age where it will no longer operate , the answer is no .


Input: What Are Medicare Savings Programs?

Output: Medicare Savings Accounts -LRB- MSA -RRB- is a specific type of Medicare Advantage plan that may or may not be available in your area . Similar to the HSA -LRB- health savings account -RRB- for major medical plans , the MSA combines a high deductible Advantage plan with a tax favored savings account . These are not for everyone but there are definite advantages .


Input: Where To Purchase Cheap Health Insurance?

Output: You can purchase cheap health insurance from experienced brokers that have updated and reputable websites . As a broker with more than 32 years of experience , we shop the major carriers so consumers can easily compare the most affordable plans . Individual , family and business plans are typically offered from most insurers . State Health Insurance Exchanges will be starting to offer Open Enrollments for 2014 . Federal tax subsidies will become available for many brokers . The choice of options will be completely different , so it 's more important than ever before to utilize full-time experienced brokers -LRB- and their websites -RRB- !


Input: Which Companies Will Issue Life Insurance To The Mentally Ill?

Output: Since mental illness covers such a broad range and level of diagnoses and symptoms , that is hard to answer with a general answer . Most companies will cover mild , controlled depression . On the other extreme , an adult institutionalized due to severe MR/ID may need to take a guaranteed issue policy , when old enough to qualify for it . To find out which company will have the lowest price for the person you have in mind , visit a website that specializes in impaired risk and share the details about this person -LRB- age , diagnoses , treatment , etc -RRB- . For an agent who knows what they are doing , it wo n't take them long to find the best company for someone suffering from mental illness .


Input: What Does Face Value On Life Insurance Mean?

Output: The face amount of your life insurance policy is the amount your beneficiary would receive if you died , also called the death benefit . It is the amount of coverage you applied for , in Term insurance -LRB- as long as the Term was not decreasing Term , in which case the face amount would decrease over time -RRB- . With permanent in insurance , the face amount might grow .


Input: What Does Face Value On Life Insurance Mean?

Output: The face value of a life insurance policy is the death benefit amount at issue and with certain life insurance policies the face amount can growth either by the increasing death benefit option or the cash values increasing to such as extent that the Defra corridor pushes up the face amount .


Input: What Does Face Value On Life Insurance Mean?

Output: The face amount of your life insurance policy is the amount of coverage you bought when you purchased the policy , or the amount that someone else bought to insure your life . In Term insurance , the face amount is usually the same as the death benefit . With permanent in insurance , the face amount might grow , or it could be reduced by policy loans .


Input: Is A Profit Sharing Plan A Qualified Retirement Plan?

Output: A Profit Sharing Plan is a Qualified Retirement Plan under ERISA , The Employee Retirement Income Security Act of 1974 . A profit sharing plan is a defined contribution retirement plan which the employer can elect to determine the amount that can be contributed to the plan . The contributions accumulate tax deferred and distributions are taxed as ordinary income .


Input: Will Medicare Pay For Gastric Bypass?

Output: Medicare may pay for gastric bypass . Certain conditions must be met , such as a BMI of 35 + , presence of a health condition related to being overweight , and no other medical options expected to work . There will be a psychological evaluation done to see if gastric bypass is right for you . As with other Medicare benefits , the gastric bypass must be done in a Medicare approved surgery and by a Medicare approved provider .


Input: Can Medicare Be Self Employed Health Insurance?

Output: Assuming that you are asking if you can be self-employed and be on Medicare , the answer is yes ! In fact , there are many seniors that are self-employed , and the number seems to be increasing . There is also a separate tax deduction for health insurance if you are self-employed . This includes health , dental and long-term-care coverage for you and other family members . And there 's some good news . Last May , the IRS announced that Medicare premiums were also tax-deductible -LRB- subject to specific limitations and restrictions -RRB- . And you do not have to itemize on your tax return to get the deduction . Reputable websites that are operated by experienced brokers can offer additional specific information that may be helpful . You can also view quotes from top carriers and easily apply for coverage .


Input: Can Medicare Be Self Employed Health Insurance?

Output: It may come down to finding a plan that will actually continue to provide coverage to you at age 65 . If you 're self employed with individual coverage , you may be out of luck as at least in my state , there are no individual plans offered for past age 65 . Group coverage on the other hand allows for an employee to continue health coverage past age 65 . Depending on your state 's definition of what a `` group '' is , you could swing it or you would have to move onto Medicare .


Input: Is It Ok To Cancel Life Insurance?

Output: That is truly up to the policy owner . If you are purchasing a new policy that is providing for your coverage needs better than the current policy then it may . In most cases though depending on the amount of time that the life insurance policy has been in effect , it is not recommended to cancel a life insurance policy unless it is absolutely necessary . All licensed agent are ethically obligated to provide information that helps the proposed client make a decision that is in their best interest not that of the agent .


Input: Is It Ok To Cancel Life Insurance?

Output: It is OK to cancel life insurance . If you have a permanent policy , there may be a surrender charge applied during the first years of the policy , which will reduce the amount of cash value that you get . However , you will not have to pay extra money to cancel your policy , whether it is Term , Whole or Universal Life . Sometimes there are other options than cancelling a policy , that can help you hold onto the death benefit while still lowering your premium . But if you do decide to cancel , be sure your new policy is approved and in effect before you drop the old one .


Input: What Can I Claim On Home Insurance?

Output: To determine what you can claim on your homeowners policy look at the coverage section of the policy . Today insurance policies are worded to be as clear as possible . The key concern should be , is the damage I want to claim caused by a peril covered by the policy ? That is fairly easy to determine by looking at the policy . Often a homeowner considers their insurance policy as a home warranty and wants routine expenses to be covered and that is not the intention of the policy . Consult with your agent before filing a claim unless you are being sued .


Input: What Can I Claim On Home Insurance?

Output: Assuming you own your home , a standard policy will include coverage on the dwelling , unattached structures , personal property , medical payments to others , liability and additional living expenses in case of a covered loss . Of course , there are many other specific losses that are also included that a broker can quickly review with you .


Input: What Do You Need To Get Renters Insurance?

Output: In order to secure a renters policy you should contact an insurance agent that you trust . When you meet with the agent be sure to answer his questions fully . In the process dont underestimate the value of your personal property . The tendency is to underestimate . If it will cost you $ 30,000 to replace your personal property , imagine your regret when the company gives you a check for $ 15,000 because that was the limit on your policy .


Input: Does Homeowners Insurance Cover Jewelry Loss?

Output: This is a great question because a lot of people do not consider this when purchasing Homeowner 's Insurance . Your Homeowner 's insurance will generally cover your jewelry up to a certain amount . However , if you schedule the pieces of jewelry individually and specify their value , they will be covered up to theirinsuredvalue . The benefit of scheduling the items is that the items would be covered for theft and mysterious disappearance everywhere in the world . I hope this answers your question !


Input: Does Homeowners Insurance Cover Jewelry Loss?

Output: Mysterious disappearance is excluded under most home insurance policies and most , if not all , insurance companies will have an internal limit on jeweler y . They also limit other items such as monies & securities , fine arts , silverware , musical instrument , etc. . You can , and should , schedule your jewelry on the policy . This will give you coverage for a piece of jewelry being lost or stolen and defines the amount of coverage through an appraisal .


Input: Who Owns Globe Life Insurance?

Output: Per Globe Life 's website , Globe Life and Accident Insurance Company is a wholly owned subsidiary of the Touchmark Corporation , which is a holding company that specializes in life and supplemental health insurance , and has its main office in McKinney , TX . Globe Life 's home office is located in Oklahoma City , Oklahoma .


Input: How Should Annuities Be Taxed?

Output: Non-qualified tax deferred annuities that generate gain in the policy are subject to ordinary income tax at the effective tax bracket rate of the annuity owner . With the exception of lifetime annuitization of deferred annuities and life only immediate annuities , gain is distributed first , then basis . Lifetime annuitization pays the annuity basis as part of the payout until the basis has been distributed ; then the entire payment is policy gain and subject to ordinary income tax . The basis is amortized to the life expectancy of the annuitant . This is called the exclusion ratio , because basis is excluded from taxes .


Input: What Is A Good Amount Of Life Insurance To Have?

Output: I think a good amount of life insurance to have is 10 times your annual income . No matter what age they are , survivors can benefit from the breathing room that comes with tens years of not having to worry about how to replace your salary . Of course , this varies from person to person and situation to situation .


Input: What Is A Good Amount Of Life Insurance To Have?

Output: You should have enough to pay off all obligations . You should have enough to meet those hopes and dreams that you have , such as seeing your children graduate from college . You should have enough that if left at interest it would provide enough for those that you love to continue in their current lifestyle . I find that few people have a life insurance need of less than $ 1 million .


Input: Is Hyoscyamine Covered By Medicare Part D?

Output: Hyoscyamine is a medication used to control symptoms resulting from various GI tract illness and conditions . The drug can be used for for relief of stomach ulcers , IBS -LRB- irritable bowel syndrome -RRB- , colitis and other illnesses . The drug is sold under various brand names including Levsin , Symax , Anaspaz and other names . Check your Part D drug formulary for coverage and benefits .


Input: Is Disability Insurance A Good Idea?

Output: Disability Insurance is a good idea for most people . Of course , there are those who simply can not afford it . But for those who can , it is one of the most prudent insurance policies to get . That is because a disability can happen to anyone of any age , and it can happen more than one time . Being disabled can wreak havoc on a family due to the resultant loss of income . Disability insurance helps keep the tragedy manageable .


Input: What Is Life Insurance Imputed Income?

Output: Life insurance imputed income is the cost of offering someone life insurance coverage beyond $ 50,000 whenever there is a benefit provided by an employer to and employee . E.g. if you 're employer group life plan offers you $ 500,000 of term life insurance , than the cost of that insurance for $ 450,000 will be recognized by you as the covered insured as imputed income . It 's income that is reported to the IRS and income on which you must pay income taxes .


Input: What Is Life Insurance Imputed Income?

Output: Imputed income in life insurance is the dollar value of group life insurance that you either pay for at group rates , or get for free from your employer , that is above $ 50,000 . Because you are getting it at a reduced cost , it is considered by the IRS to be of more value that you paid , and as such , is a taxable income per their schedule .


Input: Does Metlife Offer Long Term Care Insurance?

Output: Unfortunately , MetLife discontinued offering Long Term Care Insurance in 2010 . Since then , they continue to service the individual and group long term care policies that they had sold previously , but have not yet started offering a new long term care insurance product . MetLife continues to offer a large line of other insurance products .


Input: What Is The Average Cost Of Individual Health Insurance?

Output: In 2014 the national average cost of a Silver level plan -LRB- approximately 70 % coverage level and the most common plan design purchased -RRB- was $ 328 per month . This cost , in the overwhelming number of cases , will increase for 2015 plan year rates . As this is a national average figure and health insurance costs vary significantly from state to state , between regions within a state , and between different insurance carriers , it is only the roughest approximation of what health insurance might cost you . Your age and tobacco use status , plus the health insurance plan and insurance carrier you select are the primary factors in determining what your specific individual health insurance rates will be . Finally , whether or not you fall within the income ranges where you would qualify for some degree of an advanced premium tax subsidy will also factor into what your final monthly cost for individual health insurance would be .


Input: Why do I have to submit Evidence of Insurability after 3 years of deductions?

Output: This sounds like a group plan of Life Insurance . Group plans generally come with 2 types of life insurance coverage . The first is the `` guaranteed '' issue the company will pay for or the max under the group coverage with no underwriting required . The second is additional coverage which may require underwritting . I would talk to your HR person to look at the schedule of benefits to see what is guaranteed and what is considered additional with underwritting . What I am confused about however is why are you just now being asked for more information after paying on it for 3 years . It many have something to do with the new health care reform . Start with your HR person or if you have a broker you work with through your employer , contact them .


Input: Is Medigap Part C?

Output: No , technically it 's not . Part C is also referred to as Medicare Advantage . So , when people are deciding on coverage they will either go the Medigap Plan route or the Medicare Advantage route . Medigap Plans cover what Medicare Part A & B do not and there are a lot of plans to pick from . For example , with Medigap Plan F , you would have no coinsurance , no deductibles and no copays . So , you budget the monthly premium that works for you and then you do n't have to worry about large out of pocket medical bills that come when you do n't expect it . Medigap Plans also do n't have a network so you can see any doctor or hospital you want . If they take Medicare , they will take the Medigap Plan regardless of who the carrier is . I would be happy to answer any other questions you have .


Input: Is Medigap Part C?

Output: This can be a bit confusing : when you use the word Part you are referring to Medicare . When you use the word Plan , you are referring to Medigap plans which are sometimes referred to as Medicare `` supplements . '' As indicated in an earlier post , Medicare Part C is Medicare Advantage . Medigap Plans are identified individually as plans A through G , and K through N There are Medigap Plans A , B , C , & D , which tends to confuse people because Medicare Has Parts A , B , C , & D. For more information on Medicare Parts A , B , C , & D , refer to page 15 in your Medicare and You 2016 handbook . For more information on all Medigap Plans , refer to page 101 in your Medicare and You 2016 handbook . You can download a copy of the Medicare and You 2016 handbook ; go to : WEBSITELINK


Input: Can I Get USAA Car Insurance?

Output: That depends . USAA was formed to offer insurance products to members of the armed forces and their families . So , if you are or were a member of the US armed forces , you can get your insurance through a USAA agent . You may also be able to get your insurance through USAA if one of your parents was in the armed forces . They may require you to get their service number for verification . In my experience , USAA offers personal insurance like home and auto and they may have other lines as well as some other services like financing . I 've run into USAA policies from time to time and they seem to have pretty good products and pretty competitive rates . if you find a good agent that you can trust this could be a good option if you qualify .


Input: Can You Withdraw From A Roth 401K Without Penalty?

Output: One of the benefits of the Roth IRA is that once you have reached retirement age , the withdrawals are not taxed . The entire purpose of the Roth IRA is to use after tax dollars to fund it . This means the income was already taxed when you earned it and you put after-tax dollars into the account . That being said , if you are not at retirement age , there are some potential concerns . If you are under 59 1/2 years of age there is an early withdrawal penalty of 10 % on a federal level . Beyond that your withdrawal may be taxed as regular income . You would be best served by speaking with your accountant to see how a withdrawal may impact your unique financial situation .


Input: What Does Elimination Period Mean For Long Term Care Insurance?

Output: An elimination period is like a deductible . I is the period of time that you choose to private pay before your insurance begins paying . The longer the elimination period , the lower the premium . Since Medicare will pay for the first 100 days in a Nursing Home , in many situations , a good elimination period might be 100 days . A good experienced independent agent familiar with long term care can help you find the best plan for your situation .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: A single person has debt and financial obligations and someone has to pay when they die . You will not leave a load of debt on loved once to pay . It better to die in dignity . Get life insurance . How will you expect your remain to be disposed of if you have no life insurance .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: In some ways , a single person with no dependents needs life insurance more than others , because they may want to make their estate very easy to settle upon their death . Paying funeral costs , disposing of property , and settling bills all take money up front , that life insurance can easily and quickly provide .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: Need . That 's a personal question only the individual can answer . What would the need be for ? And ` Life Insurance ' covers a lot of territory . When a single person with no dependents asks me if they need life insurance I ask them , `` Do you feel that you need a safe , protected way to save and grow your wealth tax-free ? '' -LRB- And there are a few other questions I ask -RRB- As an Insurance Adviser I 'm a big fan of Whole Life Insurance through a Mutual company because of the tax-free cash value growth . Something everyone can use - even if it 's not a `` Need '' as in the case of people like Warren Buffet , Bill Gates , etc. .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: Insurance covers losses . When a single person dies someone will be responsible for the financial cost of a funeral . A single person can view insurance as a way to ensure that whoever covers the funeral will have ample resources to do it . Single people can also use insurance to add to their personal savings portfolio . They can use products like Universal life which has a savings feature and still offer a death benefit to those who will handle funeral arrangements . A single person should talk to an agent and get some quotes on the various types of insurance available to them and see if it meets their needs .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: There may be no financial reason to have life insurance if you have no family , business partners or charities who depend on you . If you have no current financial liabilities , future obligations and charitable intent , it is conceivable , no matter how improbable that you do need need life insurance in the traditional sense . You may , however , want to investigate the tax advantages for supplemental retirement income that life insurance can generate with it 's diverse crediting methods that may fit your sangs or investment profile .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: Life insurance can help make one 's passing a less traumatic experience for survivors , and this includes those with no dependents . Life is unpredictable , and medical costs or other misfortune can eat up savings and investments intended to pay for funeral costs . Because life insurance pays at one 's death , it will be there when the need arises . The death benefit is paid quickly , it is usually nontaxable , it goes to the beneficiary you most trust to handle it well , and it can take care of final expenses and debts much more simply than having to wait for probate . Also , a single person may be the owner of a business or wish to leave money to charity , in which case life insurance can help create a business succession plan , or give to the charity in an organized and cost effective manner .


Input: Does A Single Person With No Dependents Need Life Insurance?

Output: The key reasons to buy life insurance are that you love someone or owe someone . It is crazy to think that because you are single that you dont love . Some of my most caring friends are not married . Think about the effects upon those that you love . Would money help them , would it provide a legacy ? Others love in a general way and many contribute to charities through life insurance .