Input: How Much Life Insurance Can You Get If You Have Been Diagnosed With Breast Cancer?

Output: That 's a great question ! I 'm sorry to hear about your diagnosis , and pray that you are well , and healed . Here 's what you need to know - no matter how long ago you were diagnosed , or in what stage the cancer is/was , there is a company that will write your insurance policy . Several , actually . What makes the difference is when you were diagnosed , and where you are with it now . Each company will have a period of time that they `` look back '' on health histories , and that amount varies between companies . An independent agent will be a blessing to you as you look , as they will be able to sort out which company will be best . As Jason wisely suggested , do not apply for more than one policy - only apply for the one that you want . Multiple applications are a huge red flag to insurers and they will refuse you just for that reason . If your diagnosis was 3-5 years ago , and you 've been cancer free since , you should n't have any problems finding an affordable and `` same day '' coverage policy . If it 's been a year or so , then it starts getting a little more expensive , and starts coming with conditions . If it was recently , then you can still get coverage , but it will be more expensive , and come with a period of time where the paid benefit is reduced . Your cancer diagnosis wo n't keep you from finding coverage . Please contact an independent agent near you , or any of us here , and have that agent walk through this with you in a bit more detail . You 've got enough to worry about as it is , and a good agent will sort out all the details so you wo n't have to . I pray for your health and wholeness . Thank you for asking !


Input: How Much Life Insurance Can You Get If You Have Been Diagnosed With Breast Cancer?

Output: If you have been recently diagnosed with breast cancer , you can get up to $ 25,000 of `` guaranteed '' issue coverage with one or more carriers . If you are over age 50 , you could get up to about $ 100,000 that way , although it will be costly . Once you are 1 to 2 years since your past treatment , you can get more with `` simplified '' issue insurance . And once you are in remission over a year , you may be able to get a much larger amount of `` medically underwritten '' life insurance , depending on the stage of your breast cancer , treatment , etc. .


Input: How Much Life Insurance Can You Get If You Have Been Diagnosed With Breast Cancer?

Output: The only type of coverage available to you now is a guaranteed issue policy that returns premium and interest to the owner/beneficiary during the first 2 years of the policy . Once your cancer has been treated and the biopsy results are available to an underwriter , the cost and application date in the future can be determined . The amount of coverage is not dependent on the diagnosis in normal coverage types , only the cost of coverage .


Input: Does Car Insurance Go Up With A Ticket?

Output: Great question ! Insurance companies base their rates on how risky it is to insure you . A driver that has many tickets or has accidents is much riskier than one who is a safe driver , and very rarely has a claim , or an accident . One ticket should n't raise your rate , -LRB- depending upon your company -RRB- if it 's a rarity , and not one of many . If you have more questions , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Does Car Insurance Go Up With A Ticket?

Output: It very well can , yes . It is always best to discuss this with your Insurance Professional , because the terms and conditions of your policy may include `` first violation forgiveness '' in which case , you would not see a premium increase due to the infraction . If this is not available , then your company MAY impose a violation surcharge at the next anniversary renewal of your policy and this would stay with you as long as the violation is on the DMV record , which is usually 35 months .


Input: Does Car Insurance Go Up With A Ticket?

Output: Your car insurance rate may not increase when you get a ticket . One of the big variables is when your insurer checks your driving record . If they do not check your MVR report for a year -LRB- or longer -RRB- after you received the moving violation , you may see no increase . If you are shopping for coverage , it could have a more significant impact .


Input: Does Car Insurance Go Up With A Ticket?

Output: It may . That depends on the carrier , the type of ticket , your previous driving record , and other factors . If you have previous tickets or accidents within the last five years you more than likely will experience an increase in your premium on your next renewal . Every carrier sets their own standards as to how they weigh different risks within the rating process .


Input: How Often Can You Have A Mammogram On Medicare?

Output: Women who are age 30-39 can get one baseline mammogram on Medicare . From age 40 on , a yearly mammogram is paid for by Medicare for those who are on Medicare . If a mammogram is needed for diagnostic purposes , it will be covered by Medicare Part B and you would pay the Part B deductible .


Input: Can You Pay Homeowners Insurance With A Credit Card?

Output: An insurance company considers the premium due prior to the start date of the policy . However , they routinely offer a variety of payment plans as a convenience to the customer . Not all companies will accept payment by credit card for a homeowners policy , but some do .


Input: Can You Pay Homeowners Insurance With A Credit Card?

Output: Talk to your Insurance Professional about the coverage and payment options that your insurance company offers . Many if not all include Credit Card payment options . These can range from full pay , quarterly , monthly billing and many also offer automatic monthly recurring bank card installment plans . Think about an automatic electronic funds transfer option if your checking account is fairly steady . In many cases , insurance companies will waive their monthly installment fees if this option is chosen . In most cases , I think , you wil find that your insurance company is now offering this along with many payment options because they realize that they need to be as easy to do business with as possible .


Input: Why Do Home Insurance Rates Fluctuate?

Output: The underlying rates for homeowners policies in California have been relatively stable . The premium increases each year because the house is a year older and the cost to rebuild the house generally increases every year . There are other factors at play and you might be subject to some unusual pressures but generally speaking the underlying rates remain fairly steady .


Input: Why Do Home Insurance Rates Fluctuate?

Output: Home Insurance premiums can fluctuate for many reasons . The most important thing to keep in mind is that premium reflects risk . So , for example , most policies include some form of an `` inflation guard '' which usually increases the amount of coverage on the home each year . Most policies that I have seen have increased by roughly 4 % each year . Thus , as the coverage increases , the premium will too . Premium will also reflect loss history either of that particular property or the state in general . A bad winter in CT for example will more than likely be followed by some rate adjustment .


Input: What Is The Most Affordable Health Insurance?

Output: Depending on the utilization rate at which a individual , and their family requires medical treatments/services will serve as a deciding factor in what type of health plan will be most affordable . An HMO is the least expensive for those who will be requiring a fair amount of medical treatments , although an HMO is also the most limiting form of health insurance . If one is looking to purchase coverage to satisfy the individual mandate included in the ACA and in general the medical services that they and or their family require is generally minimal then they may want to look into a HDHP/HSA . A high deductible health plan coupled with a health savings account will reward the health care consumer who utilizes preventive treatments , does not generally require many medical treatments especially in the first couple years as the value of the health savings account is growing with compound interest .


Input: What Are The Disadvantages Of Annuities?

Output: Knowing the disadvantages of all financial assets is a good idea , so good for you to check ! All financial assets have their issues . The key to financial success is to determine which ones fit your financial situation the best and how to assemble an overall mix of assets that serves you best . Annuities often have a place in a portfolio even with their limitations . You would think your question would be easy to answer . The true , but maybe not too satisfying answer is , it depends on how it is used . Annuities are a tool and when used well they can yield excellent results . If used poorly they can be hazardous to your financial health . This is a deep topic so I will just list a few things to look out for to determine if an annuity is appropriate for you . I would advise you to ask your friends for a referral to a reputable insurance professional . And I would look to your CPA or tax advisor to advise you on the tax implications of owning an annuity . This is best done in a joint meeting of both the insurance professional and the tax advisor . Are you under 59 and 1/2 and subject to the IRS 10 % early withdrawal penalty How liquid is the annuity ? How long do the early withdrawal penalties work and how much will they let you take out annually without penalty ? Can you afford to defer your gains and let them grow past the penalty periods ? Is there a market value adjustment cost in addition to the early withdrawal penalty ? How is the interest rate calculated ? How long are current rates locked in ? Will the credited interest rate go up with rising interest rates ? How financially strong is the insurance company you are looking at ? Are you confident they will be able to deliver on their contractual promises ? What are their independent ratings ? Annuities require ongoing attention . Are you willing to meet with your advisors periodically to manage them ? These and many other factors should be considered in determining if an annuity is appropriate for you . Competent professionals use annuities to provide safe income , growth and tax benefits . They are useful in many situations . Be mindful that they are only one of many tools a financial professional may use in helping their clients ' meet their financial goals .


Input: What Are The Disadvantages Of Annuities?

Output: Annuities can have disadvantages based on the product profile and the client suitability . Annuities are generally purchased for future income . During the accumulation period , liquidity could be a concern based on limited withdrawals , surrender charges and could incur a penalty before age 59 . Long term guaranteed fixed interest rates , especially in a low interest rate environment , could be detrimental in a rising interest rate market where annuities could be difficult to move because of the liquidity items already mentioned . Some annuities are tied to domestic and foreign indices , with a possibility of non crediting years because of poor indices performance . Some annuities use separate sub accounts which use market equities and bond investment vehicles that have exposure to volatility , i.e. you could lose all your money in the cash value account .


Input: Will Medicare Pay For Hospice?

Output: That is a great question , and one with a great answer ! Yes , Medicare Part A pays for end of life treatment . You will need a Doctor 's certification that your loved one is expected to pass within 6 months , and that no further restorative procedures are to be implemented . It does n't matter if the hospice care is given in your home , or a facility , as long as it is Medicare approved . You may also need a living will , or something similar to qualify . It will also pay for up to 5 days of respite care , if you need to take a break . Thanks for asking !


Input: What Is The Best Health Insurance For College Students?

Output: Each student 's needs should be assessed individually . The location of the college/university is particularlyrelevantif a student remains on a parent plan . Pay close attention to network coverage availability . In addition , theindividual ` shistory of medical needs would be an important consideration if ongoing physician visits and orprescriptioncoverage is necessary . Finally , how would the school offered coverage stack up against any options available through the parent 's plan .


Input: What Is The Best Health Insurance For College Students?

Output: What is the best health insurance for college students ? Going to depend on the situation . First is the student still on the parents plan ? Review your current coverage to see how it would work for out of network coverage , assuming the student is out of the area . If not leaving the plan area , no worries . Kids can remain on parents plans now till age 26 . Most universities REQUIRE a student to have health insurance . They have their own limited plans that they will add onto the cost of your education . The only way to waive this required coverage is to show coverage elsewhere . Student insurance is not awful , but most only provide coverage while enrolled . Summer break you may be on your own . Check your plan booklet .


Input: What Does A Deductible Mean With Health Insurance?

Output: A health insurance deductible is the amount you must pay before your benefits `` kick in '' and begin paying -LRB- for most services - some benefits , such as preventive care , provide coverage immediately -RRB- . The deductible amount varies by plan . For example , under the new Affordable Care Act , a catastrophic plan may feature a $ 6,350 deductible , a bronze plan may feature a $ 5,000 deductible , a silver plan may feature a $ 3,000 deductible , a gold plan may feature a $ 2,000 deductible , and a platinum plan may feature a $ 0 deductible . These figures are not the same for all plans on each metal level . The higher the deductible , the lower your monthly premium and vice versa . 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: How Expensive Is Long Term Care Insurance?

Output: Long-term care insurance can cost anywhere from about $ 1000/year for an individualbase plan all the way up to $ 14,000 / yr or more for a fully loaded policy , per person . Factors that determine cost include , but are not limited to : 1 . Health and health history -LRB- one might pay more if not in good health , or be declined -RRB- 2 . Ability to pay the premium , knowing that premiums can be increased over time . 3 . Whether they look at long-term care insurance as paying for as much of care costs as possible or if they are simply looking to offset a specific amount from an insurance company and pay for the rest themselves . 4 . Male or female - rates have been `` unisex '' , but will soon be gender specific in all states , except , Montana . Based on claims experience , men will pay less , women will pay more . 5 . Age - Premiums are lower the younger one applies and is successfully underwritten 6 . The Insurance Company - major carriers that intend to stay in the business charge higher premiums than smaller carriers that are testing the waters or are trying to get market share , knowing that they can apply to states to increase premiums later . 7 . Bells and whistles - Benefit rich coverage costs a lot more than a base plan of insurance ; riders can increase premiums by more than 150 % . 8 . Location - the actual cost of care varies across the country , so if one intends to move to a place that has a lower cost of care , they might not buy as much coverage now . 9 . Pre-application research - the applicant may save money by calling around to various home care services and facilities to find out what the range of costs is in the area in which they intend to spend their retirement years . 10 . Married or single - carriers provide discounts on premiumto those that are married or in a domestic relationship -LRB- usually 3 years minimum -RRB- . 11 . Employer-paid coverage , either in part or in whole , is a great way to get LTCi coverage and save money . Typically , the policy is portable , as well . 12 . Being an informed consumer - long term care insurance is complex because it promises to cover someone in a complex and unpredictable situation . Most states and the National Association of Insurance Commissioners -LRB- NAIC -RRB- publish consumer brochures that provide valuable planning information . Knowing what to expect can help a person design their coverage more intelligently and for less cost .


Input: How Old Is Too Old To Get Life Insurance?

Output: A person is too old to get life insurance when they pass age 90 . However , poor health or dementia can make someone uninsurable prior to that age . There are several No Exam policies that cover up to age 85 that are tolerant of poor health . The best thing is to call a life insurance agency and ask . Trying to do it by email or mail is difficult with life insurance for older ages , whereas 5 minutes on the phone or in person with an agent and you can have your answer .


Input: How Old Is Too Old To Get Life Insurance?

Output: The mortality revolution has been moving the conventional lines of age limitations on many products , services and even retirement start dates to age 70 . There are life insurance companies that issue to age 90 . But a 90 year old will more than likely have health conditions to consider and youll need to justify the coverage and the competency of the 90 year old insured will be scrutinized by the life insurance company .


Input: Why Are My Homeowners Insurance Premiums Increasing?

Output: Generally the inflation guard provision in your homeowners policy is automatically increasing coverage every year to keep pace with the increases in building repairs . Your house is also getting older and that affects rates . The company can change rates based upon their experience . There can be a loss which results in a surcharge or the loss could result in your losing a discount you have enjoyed for being claims free .


Input: Why Are My Homeowners Insurance Premiums Increasing?

Output: There could be any number of reasons behind a Homeowners ' premium increase so always check with your Insurance Professional about your particular policy terms and conditions . One reason may be due to the `` inflation guard '' provision that may be included in your policy . This increases the dwelling amount on your home each year , usually by about 4 % which therefore results in a corresponding premium increase . Another reason may be the general loss history in your area . Here in CT we had a few very bad winter and fall storms over the course of a three year period that resulted in a large increase in necessary Homeowners ' claims with all companies providing such coverage . As a result , insurance premiums increased to reflect that loss history .


Input: Can You Buy Life Insurance Online With No Exam?

Output: Yes , you can . However , the no exam aspect only applies to the blood and urine tests . Insurance carriers still look at your medical history . When applying for a life policy insurers tend to look at two aspects health wise . They review your medical history as far back as a decade through both your doctor -LRB- chart notes -RRB- and the Medical Information Bureau -LRB- think of it as similar to a credit report . -RRB- . They also take blood and urine samples -LRB- possibly an ECG as well -RRB- to get a `` snapshot '' of the day the examiner visited . This level of information allows a more complete risk review when pricing a policy . The rule of thumb is the more questions asked the lower the cost of the policy . The fewer questions asked the more expensive . So a no exam company will probably have greater premiums charged than a full exam company for the same person . Sometimes this is a considerable amount of money paid out to skip the exam .


Input: Can You Buy Life Insurance Online With No Exam?

Output: It is possible to buy life insurance online with no exam , but the policy usually takes from an hour to a month to go into effect after digitally submitting the application . Some policies that do not require the exam also do not look at doctor 's records , and those go fastest . They usually require a phone interview and the underwriter will look at drivers record , pharmacy record , and MIB before approving -LRB- or declining -RRB- the policy . For those No Exam products that reserve the right to order doctor 's records , a policy decision will be made after all the material has been collected and reviewed .


Input: How Does Inflation Affect Annuities?

Output: Inflation can affect the purchase of a product , especially if the product yields a return below the inflationary rate , i.e. you lose purchasing power . If the fixed annuity rate is better than inflation and it defers taxes until you use it , then that can be a value proposition worth reviewing . So calculate the cost of living and determine your tax bracket to see if annuities are a fit for you .


Input: If I Have Carried Insurance All Year, How Can They Penalize Me For $200?

Output: All insurance policies are legal contracts . The policy must give a reason that the company could use to charge you additional premium beyond the contracted amount . This sounds like a highly unusual situation and probably involves the addition of an inexperienced driver or modification of the vehicle . It could also occur if the company determined that the car was being used differently


Input: If I Have Carried Insurance All Year, How Can They Penalize Me For $200?

Output: Hi . To clarify your question , are you referring to a penalty for your auto insurance policy ? If so , what type of penalty is it and what is it in regards to ? The question sounds as though it is regarding a specific policy matter which an agent -LRB- who is not servicing the policy -RRB- would not be able to comment on . More information would be needed to help provide any available input . The best thing to do would be to contact your auto insurance agent who services the policy or call the insurance carrier directly . I hope the information is helpful - thanks very much .


Input: Who Can Sell Disability Insurance?

Output: In order to sell disability insurance an agent must maintain a valid health insurance license in the state where the policyholder resides . The agent must also have a contract with the insurance carrier in order to solicit business , and take applications for coverage . Group disability plans require that the agent be licensed in the in situs state where the policy is issued .


Input: Who Can Sell Disability Insurance?

Output: The agents who can sell Disability Insurance often are licensed in Life , Health and Annuities , although it is the Health Insurance licensing that allows an agent to sell Disability Insurance . While it is Health Insurance product , Disability Insurance fits in with Life Insurance in developing a comprehensive plan of protection for dependents if the wage earner is unable to work due to illness , injury , or death .


Input: How Long Does It Take For Health Insurance To Go Into Effect?

Output: Health insurance can be effective the next day , and often the same day , depending on health conditions , underwriting guidelines and the type of policy you are applying for . Short-term temporary plans can often be approved immediately or within 24 hours . Other types of policies typically take longer to be approved . However , instant approvals are still possible with specific carriers .


Input: Does Home Insurance Cover Your Chimney?

Output: Your chimney is part of your house and there fore is covered for many possible claims including fire . Theft is also included although admittedly , in my 32 years of experience as a premier broker , I have yet to see anyclientreport there chimney missing or stolen . Keep in mind that wear and tear of an aged chimney is not covered .


Input: Is Federal Long Term Care Insurance Tax Deductible?

Output: You can deduct most of it with an IRS sanctioned Health Reimbursment Program called an HRA105 if you are self employed and or own a business . The American Independant Business Coalition -LRB- AIBC -RRB- sets that up free for its members . Otherwise you can hire a professional to draw up a document for you for generally between $ 200 and $ 300 .


Input: How Many People Die From Lack Of Health Insurance?

Output: None . People can certainly die because they have inadequate health care but not because they do n't have health insurance . In California there are standing programs that treat medical needs when people lack health insurance . One of the aims of the Affordable Health Care Act is to increase the number of people who have health insurance .


Input: Is Medicare The Same As Medical Assistance?

Output: No , Medicare is not the same as Medical Assistance . Medicare is a federally funded health insurance program that people `` earn '' by paying Medicare taxes over the years that they are employed . It has co-pays , co-insurance , and deductibles like any other health insurance plan , but the premiums are very low compared to private health insurance .


Input: How Does Annuity Pension Work?

Output: Life insurance is designed to help your loved ones should you die too soon . An annuity is designed to help you should you live too long , In exchange for a sum of money the insurance company guarantees payments to you for as long as you live . In its simplest form , that means that if you live one month you get one month payment , if you live forty years you get 480 payments . Since that arrangement isnt best for everyone there are a variety of payouts that can be selected to protect two people or to make sure that everything invested is returned .


Input: What Do Life Insurance Companies Test Urine For?

Output: Life insurance companies use a urine test , blood test , physical measurements and possibly a resting EKG to evaluate your overall health and your risk of death . A urine test is most commonly used to test for drugs or alcohol , but may also be used to test for certain medical conditions . A larger death benefit may require additional testing .


Input: What Do Life Insurance Companies Test Urine For?

Output: Life insurance companies test urine for a number of things . It is a more affordable way than to test blood . However , depending on your age and face amount it is likely they will test both . Urine tests show drug , both prescription and illegal use , as well as nicotine/cotine for tobacco use . They also can find evidence of diabetes , heart issues , cancer and kidney disease .


Input: What Do Life Insurance Companies Test Urine For?

Output: Life insurance companies use the urine test for drug use , nicotine use , medical conditions such as kidney function . Additional medical measurements like ketones , nitrites , glucose , protein , alkaline and specific gravity . These measurements can have an impact on mortality or life expectancy , i.e. shorter life expectancy , which means higher cost of insurance .


Input: Does Medigap Cover Drugs?

Output: Medigap policies do not cover medications . Part D plans provide consumers with protection against very high drug costs . Essentially , all Part D plans provide the consumer with about a 25-30 % discount on the first $ 2900 of medications during the year . Above that , the plans provide a 52.5 % discount on most covered brand name drugs . In the event of medications costing more than $ 4700 over the course of the year , the plans cover 95 % or more of the medications .


Input: How Many Americans Have Disability Insurance?

Output: Over 100 million U.S. workers are without disability insurance . 70 percent of non government workers have no long-term disability insurance through work and no reserve funds able to keep generating a paycheck if they were unable to work .


Input: What Is Simplified Whole Life Insurance?

Output: Simplified Whole Life Insurance is probably a reference to a Whole Life policy that is issued on a simplified basis . I.e. Applying does not require an exam , and most likely the insurance company will not order medical records . The phrase sometimes used is , `` simplified issue whole life '' .


Input: What Is Simplified Whole Life Insurance?

Output: Simplified Whole Life Insurance is a Whole Life insurance policy that is purchased with `` simplified '' underwriting . There is almost never an exam required when applying for a simplified issue policy , and medical records are ordered infrequently , if at all . Simplified Whole Life is often used for final expense or burial policies because it comes in small face amounts and because the policy is permanent .


Input: Can I Cancel My USAA Auto Insurance Online?

Output: I have never seen any insurance carrier that will allow you to cancel an insurance policy online . Generally a written request that is signed and dated is required by almost if not every insurance company to properly cancel an insurance policy . This is both for the protection of the insurance company and the client . I suggest you call USAA to discuss what is necessary to terminate your policy .


Input: What Is Stranger Originated Life Insurance?

Output: Stranger originated -LRB- also known as stranger-owned or stranger-initiated -RRB- life insurance is a plan or arrangement designed from the outset to put a life insurance policy into the hands of investors or speculators . The overall intent of each of these transactions , no matter how arranged , is to cause the issuance of new life insurance on the life of the insured for the ultimate purpose of ownership by one or more persons who have no interest in the continuation of the insureds life and have every interest in profiting by the insureds early death .


Input: What Is Stranger Originated Life Insurance?

Output: This would be when a person who has no insurable interest , takes out a policy on your life without your knowledge . This a fraudulent practice . The idea would be to cash in on your death . It is illegal to purchase a life insurance contract on an individual unless you have some sort of insurable interest such as a spouse , a child , or a business partner , especially without their knowledge .


Input: Does Obamacare Apply To Disability Insurance?

Output: Obamacare applies to traditional health insurance plans that reimburse medical practitioners who provide care . The health insurance plans negotiate with providers , set reimbursement rates for specified procedures , and make benefit payments directly to the providers . Disability insurance replaces a portion of income during the time a policyholder is unable to work because of a covered accident or illness . Benefit payments are made directly to the insured The two are completely different types of insurance policies . The Affordable Care Act did not address disability insurance .


Input: Does Obamacare Apply To Disability Insurance?

Output: That is a great question ! I get that question a lot , I think because there has been so much mis-information thrown out there about the ACA -LRB- Obamacare -RRB- . It makes it really hard to sort out what is true , and what is thrown out there to scare people . The truth is that disability insurance has nothing to do with health insurance , you could compare it to apples and oranges - both are good for you , but are n't the same . I 'm not sure why you were asking , if there is a more specific question that you need answered , please contact me , and I 'd be happy to help answer it for you . Thanks for asking !


Input: Does Obamacare Apply To Disability Insurance?

Output: Fortunately the answer to your question is `` No '' . The Affordable Care Act -LRB- ObamaCare -RRB- applies directly to major medical health insurance coverage and spills over into the areas of dental and vision insurance -LRB- through the mandated inclusion of pediatric dental & vision coverage in group & individual health insurance plans -RRB- . At this time the Affordable Care Act does not extend to disability and life insurance plans .


Input: Does Homeowners Insurance Cover Plumbing Problems?

Output: In many cases it will not . If the plumbing problem is the result of a covered loss then there may be some limited coverage that may be subjet to the policy deductible . Please remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Is A Keyed Car Covered By Insurance?

Output: If your vehicle has comprehensive coverage , it would be covered because it falls under vandalism . A good step to take after seeing that your vehicle may have been vandalized is to file a police report so you have an official record of the incident . This way , if it continues to happen , you will have record of it , and may lead to finding who is damaging your property . Thanks for asking !


Input: Why To Get Renters Insurance?

Output: When you sign a lease to rent a home you accept obligations . Look at your lease and rental agreement and you will see that you are responsible if someone is injured on the property . You are also responsible for damage to the unit . What it does not say is that the landlord is responsible for anything that might happen to your property . You need a renters policy because of the obligations that you have taken when you rented the property .


Input: Why To Get Renters Insurance?

Output: That is a great question ! Renters insurance is designed to help you replace your things if they are stolen or damaged while living in a place that you do n't own . The landlords insurance will cover his building , but not your things . If you have the money to replace all of your things , or cover yourself from lawsuits should someone be injured while in your home , you really do n't need it . Unfortunately , most people do n't , and that is why an affordable renters insurance policy is such a blessing to have .


Input: Why To Get Renters Insurance?

Output: Why ? My Son was renting an apartment in North Carolina a few years ago , when a kitchen fire got out of control and spread everywhere in the dwelling , causing extensive damage . He lost all his belongings and was obviously unable to live in the apartment . Fortunately he had listened to me over his ` formative years ' and purchased a renters policy . It paid him for everything he lost and gave him additional living expenses , to rent another apartment . Not an expensive policy for the benefits , in the event of a loss , particularly of this type .


Input: Can I Claim A Breast Reduction On Medicare?

Output: Medicare does not cover cosmetic surgery but will call procedures that are Medically necessary . If your doctor certifies that you have health problems , such as back strain , caused by breast size and reduction surgery would provide relief , Medicare may cover breast reduction surgery . Ask your doctor about the Medicare guidelines .


Input: Who Can Take Out A Life Insurance Policy?

Output: I agree with Bob and Larry above and to add a little more detail about the age range : A parent can take out a life insurance policy for a child 's benefit , usually when the child is 2 weeks old . The parent does this to provide guaranteed insurability for the child and/or to provide a vehicle to accumulate money for the child . When the child is 18 or older , the parent can change ownership to the child . The maximum age that I have seen to take out a policy is 90 years old .


Input: Who Can Take Out A Life Insurance Policy?

Output: Who can take out a life insurance policy ? Well the first requirement is being 18 or older as a life insurance policy is a contract and currently that is first requirement for a contract to be enforceable . After that issue is met , just about anybody can take a policy out on themselves or others provided they can show an insurable interest with the other person .


Input: Who Can Take Out A Life Insurance Policy?

Output: Almost anyone can buy a life insurance can buy a life insurance policy as long as they qualify medically under the underwriting rules of the issuing carrier . Some policies incorporate full medical underwriting while others follow a limited or short form underwriting process . Most policies require you to be a US citizen but there are carriers and products if you are a legal resident .


Input: What Types Of Jobs Offer The Best Health Insurance Coverage?

Output: What type of jobs offer the best health insurance ? Well it depends . The choice for an employer prior to the ACA to provide health insurance was completely voluntary and any size business might offer quality benefits . Sometimes assuming a large employer offers the best plans could be a mistake . Often better benefits than average were offered by businesses that needed to attract and retain quality employees . The high tech field because of demand , offered great benefits to employees to help keep the best employees there . With the ACA things will change considerably for business that uses health benefits to attract employees . The Cadillac tax on employers who provide too `` good '' of benefits for their employees will reduce health benefits to a national standard that a business would be forced to pay extra taxes in penalty if they wanted to do more for their employees .


Input: What Types Of Jobs Offer The Best Health Insurance Coverage?

Output: The types of jobs that offer the best health insurance benefits typically come from large profitable companies that are well-established . The more income and revenue the company generates , the greater the likelihood that the healthcare coverage will be partially or fully covered by a generous benefits package . Before accepting a position with a potential employer , you can ask about the medical benefits , the costs , and the options that are offered to new and veteran employees . You may also be able to negotiate a different healthcare package . It 's likely that comprehensive and catastrophic plans are both offered . Important : Answer was provided by Edward Harris , one of the leading health insurance experts in the US . His nationally-recognized website Healthinsurancezoom.org offers the best health insurance rates from top-rated companies .


Input: How Much Is Taxed On Life Insurance?

Output: In almost every case the death benefit is not subject to income tax as long as it is left to a beneficiary . If the beneficiary is the estate it will force the proceeds into probate and it will be taxed as an asset with the rest of the estate . This is a costly mistake . As far as cash value life insurance values . The money paid into the plan premiums is not subject to income tax as it was paid with post tax dollars . If the policy is surrendered or cancelled the gains would be taxed as income . If you leave the policy in force and simply borrow against the value versus surrendering , then all of that money is tax free . I recommend sitting down with a trusted advisor to avoid costly mistakes to yourself and your loved ones .


Input: How Much Is Taxed On Life Insurance?

Output: The death benefit of a life insurance policy is tax free . In Canada , if the beneficiary is a corporation , the death benefit is received by the company tax free . The amount that the death benefit exceeds that Net Cost of Pure Insurance can be paid out as Capital Dividend to shareholders Tax Free . -LRB- Ask for details -RRB- In Canada the cash value of the policy is not taxed as long as the policy remands exempt from accrual taxation . Insurance companies make sure policies remand exempt . The ratio of death benefit to cash value can not exceed the cash value of a endowment at age 85 . If surrendered the amount that exceeds the adjusted cost base is taxed the same as interest income . If you borrow in excess of the adjusted cost base you will attract taxation . A deemed disposition can occur on most transfers of ownership . Check with you insurance company to be sure . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Much Is Taxed On Life Insurance?

Output: Zero . Nada . Nothing of the beneficiary payment is taxable . That is a great advantage for life insurance . You can be sure that everything your carrier will pay will be kept by your beneficiary . If , however , you decide to cancel your life insurance and `` cash it in '' , the proceeds to you over the cost will be taxed as income . Do not cancel your policy . You can borrow against permanent life and keep that loan money tax free . Just do not cancel your policy if you want to avoid taxes ! Thank you . GARY LANE .


Input: How Much Is Taxed On Life Insurance?

Output: That is a great question ! Since the money that you use to pay the premiums are paid after taxes , the money paid back to you upon the death of the insured is non-taxable . In almost every case , the beneficiary does not have to report that money on either their State or Federal tax returns . Thanks for asking !


Input: Does The United States Need A National Health Insurance Policy?

Output: This is one of the most widely debated questions in the history of our country . Many people believe a national health plan , also known as a single payor system , is a right that should be granted to all . Others argue a free market system works best , gives consumers more freedom of choice , and offersencouragement to citizens to remain healthier , use less medical care , and better treat themselves through proper diet and exercise . Either answer could be considered correct , based on your personal beliefs . There is little doubt this debate will continue for many years to come , whether the US ever sees a national health care system or not .


Input: Does The United States Need A National Health Insurance Policy?

Output: National health insurance policies already exist . Employer group health insurance plans , Medicare and VA coverage are national plans . If you are asking should individuals be able to purchase their own plan from a national risk pool , my answer would be no . Such plans would be too expensive for individuals in low cost areas which would cause adverse selection . Eventually such a plan would self destruct .


Input: What Should I Be Paying For Auto Insurance?

Output: There are WAY to many options for this question but I will try and give you average numbers . In the state of Montana the average rate for a 30 to 50 yr old with state minimum limits of liability at 25,000 / 50/000/10 ,000 with un insured and under insured matching and 5,000 The rate for that would be with a clean driving record $ 60 to $ 60 a month


Input: Why Home Insurance Rates Increase?

Output: -- > Normal 0 Whether anyone wants to admit it or not , insurance consumers tend to seek ways to reduce their insurance expenses while insurance providers are always looking for ways to increase their revenue . A rate increase is one alternative insurers might use to increase your premium but more often than not your premium frequently increases for other reasons . An insurer 's base rates are only one factor that goes into the calculation of your actual insurance premium . You should know what those factors are . The most common factor may be an increase in your amount of insurance . Your insurance company may claim construction costs in your area have increased and your amounts of insurance have been increased accordingly . That may be true but higher limits do n't always mean higher premiums . Discounts they may have applied in prior years may have changed or been discontinued . Penalties may have been applied if you had a claim or your credit score has changed . Rate categories may change as your home gets older . The reasons can be endless . But that doesnt mean you have to simply accept the increase . Question the reason for any increase . Determine if you are eligible for other discounts or credits . Consider other insurers who might offer you more favorable premium treatment . In my experience , insurers rates dont change all that often , and they can go up or down . Other factors used to calculate your final premium are usually the reason you see your premiums go up so often . Be proactive , a little effort and a few questions could save you a lot of money .


Input: Why Home Insurance Rates Increase?

Output: An insurance company can change its rates by filing with your state insurance commissioner . If they are requesting an increase they must demonstrate that they have experienced claims in excess of their premiums . That is the way rates change . Policies often have a clause that calls for the coverage to be increased at each renewal to keep pace with the cost of construction . This will normally result in an increase of 3 % per year .


Input: How Much Is Car Insurance After A DUI?

Output: this depends on your insurance carrier . I have seen it as little as $ 20 a month increase to $ 100 a month increase talk to your agent they should be able to advise you on what the increase would be . many times it will not change your rates till your renewal .


Input: Is Deferred Compensation A Retirement Plan?

Output: A deferred compensation plan is an arrangement created between the employer and the employee to delay portions of their salary and/or bonus until a future date , generally retirement . The employer can deduct the deferred salary when it 's distributed at the arranged date . The employee then takes the deferred compensation as ordinary income and pays taxes at their effective tax bracket rate . So in effect , it is a type of retirement plan .


Input: How Much Does Disability Insurance Generally Cost?

Output: Disability insurance costs about 3 to 5 % of the compensation youre covering . Of course , it all depends on your gender , age , smoking status , health history , current medical condition as well as the elimination period and length of coverage like to age 65 for example .


Input: How Are Annuities Taxed?

Output: Annuities are taxed as ordinary income for any gain withdrawn from the policy . Annuities use the Last in Last out -LRB- LIFO -RRB- accounting basis for withdrawals meaning any gain in the policy must be withdrawn first before any basis in the policy can be withdrawn .


Input: How Much Does The Average Person Pay For Health Insurance A Month?

Output: The answer to this question can vary dramatically , depending on your age , residence , and the type of coverage you purchase . It is common to see statistics on this topic that vary dramatically , with a low `` average '' cost in the $ 300 per person per month range , while other surveys show cost averaging $ 1000 a month or more per person .


Input: Can I Be On My Parents Car Insurance If I Am Married?

Output: If the cars are in your parents name and you live in the household even if married you may be added to your parents policy . If you are out of the household with our own cars registered in your name then no you can not be added to your parents policy . Those are the basics , there would be other unique circumstances that may or may not permit you to be on your parents policy that would need to be discussed in a local agent .


Input: Can You Pay Car Insurance Monthly?

Output: Technically the premium for any insurance policy is due at the start date . However , most companies provide for installments . Many companies provide for monthly installments . Some will accept the payments in cash at their agents office , while other companies will only accept an electronic transfer of funds from a checking account . Some companies will accept payment by credit card .


Input: Does Car Insurance Cover stolen GPS?

Output: It is likely that if , like me , you are using a portable GPS , then if that is stolen out of your car , your auto policy will not provide any coverage . If you have a Homeowners , a Condo Unit Owners or a Rental Insurance policy , then coverage would be available from one of those , subject , of course to your deductible . If on the other hand , your GPS is factory installed in your car , then it is likely that your car insurance would cover such a loss , again subject to your policy deductible .


Input: Does Car Insurance Cover stolen GPS?

Output: Most auto insurance policies will have a section of coverage listed as `` Additional Installed Equipment '' . If the GPS was installed in the vehicle , versus being window mounted , it may be covered . If your policy does not include this coverage , then it most likely would not be covered . The best way to answer this would be to have a licensed insurance agent in your area review your policy to best determine what is and what is not covered .


Input: Does New York Life Insurance Pay Salary?

Output: As per our experience NYl starting out with them does not pay salary but commission , however you can usually depending on your experience in the insurance industry negotiate your contract . You would get some training and other perks for working with the company , however you should discuss this with your general manager prior to contracting . Hope this helps . `` An agent that truly cares ''


Input: Will Medicare Pay For Long Term Care?

Output: Medicare will pay for a limited number of long term care days if certain guidelines are met . One of these conditions is that the long term care stay must be for a condition that caused the patient to be recently hospitalized for at least three consecutive days . Medicare will pay a maximum of 20 days of a long term care stay at 100 % . After that , there is a copay up to the maximum allowable number of 100 days . After that , Medicare will only pay hospitalization , drugs , doctor visits and whatever costs it paid for prior to the need for long term care .


Input: Will Medicare Pay For Long Term Care?

Output: Medicare does not cover Long Term custodial care . As stated by Peggy Mace , coverage for any type of ursing Home care is limited . If a person is admitted to a nursing home or requires care at home there is no coverage unless that person is considered capable of improvement with the help of rehab and requires Skilled Care . Do not look to Medicare to cover your long term care needs !


Input: What Is A Term Life Insurance Conversion Credit?

Output: A Term Life Insurance Conversion Credit is a break given to people converting their term insurance to permanent insurance . It is up to the insurance company whether to offer a conversion credit on certain term policies . If conversion credit is offered , when the insured person converts their term policy to a universal life or whole life , the premium for the first year of their new policy will be reduced by a credit based on the amount of term premium that was paid that year .


Input: What Is A Term Life Insurance Conversion Credit?

Output: A conversion credit is a discount on premiums due on a permanent life insurance policy upon conversion . For example , if you have a term life insurance policy that has a $ 500 annual premium and to convert the policy to a permanent policy that has a premium if $ 5,000 per year , you will only owe the insurance company $ 4,500 in the first year you convert providing the insurance company offers a credit equal to the annual term premium . Credits are typically offered only in the year of conversion and generally are the amount of one year 's worth of term insurance premium .


Input: What Is A Term Life Insurance Conversion Credit?

Output: A Term Life Insurance conversion credit is a deduction taken from your first year 's premium when you convert your Term policy to a Permanent one . Not all Term policies offer that feature when you convert your Term to Universal Life or Whole Life , but it is nice when they do .


Input: What Is A Term Life Insurance Conversion Credit?

Output: A term life credit reduces the first years premium when you convert from term insurance to whole life . It is an inducement to make the conversion . I am not sure how the company accounts for this money but I do know that it makes the decision easier for some . You can find out if your term policy has this feature by contacting the company .


Input: What Is A Term Life Insurance Conversion Credit?

Output: You are basically upgrading to a permanent policy . The upgrade to a permanent coverage is done based on the health status of the policyholder when he got the term life insurance and not his current health condition . Thus , conversion becomes a good option for those who were originally in the best of health but whose health levels have deteriorated over the years . With the benefit of life insurance conversion , you dont have to provide evidence of insurability , allowing you to fork out the same premiums that any person of your age who is in excellent health would pay .


Input: What Is A Term Life Insurance Conversion Credit?

Output: Term life policies that have an option to convert term life to whole life or even in some cases universal life are designed to protect a person 's insurability . Not all term life policies have this feature . Simply put it allows a person who purchases a lower premium term life plan the option to convert to permanent whole life insurance without proof of insurability . Several companies offer this feature every at 5 years for up to 20 years . It is a generous feature for those insureds diagnosed with an injury or illness rendering them uninsurable for life insurance .


Input: How Much Is A Typical Homeowners Insurance?

Output: Homeowners insurance premiums vary widely based on geographic location , replacement value of home , coverage amount desired , deductible chosen , your credit score , and many other factors . I always suggest getting several rates from at least 2 local independent insurance agents in your area . Make sure you compare them against each other . Ideally , you would like an A rated carrier by AMBest . Hope this answer helps !


Input: How Much Is A Typical Homeowners Insurance?

Output: Homeowners Insurance Rates differ from each zip code in the United States ; each carrier has a different rate for each risk . The major factors are geographic location , amount of coverage , deductible option , prior claims history and various other factors which may affect the premium . The premium is simply the price at which the carrier would accept the risk presented . To directly answer the question , there is no ` Typical Homeowners Insurance ' ; many consumers are now avoiding speaking to an insurance agent or representative , there is an online link available to obtain a home insurance quote , select options and purchase home insurance directly online in multiple States : WEBSITELINK If there are any questions and/or advice needed that are not fully satisfied with the online format , we would strongly urge you to contact a licensed representative to be fully informed prior to making your final decision regarding home insurance .


Input: Will Renters Insurance Pay For A Hotel?

Output: Renters Insurance polices have a coverage called loss of use or additional living expense . How this coverage works is : If there was a covered loss such as a fire for example that caused you to move out of your residence , because the residence became unlivable due to the loss then your renters policy under the additional living expanse coverage would pick up the Hotel for temporary housing until you were able to move back in .


Input: Do I Need Legal Assistance On Home Insurance?

Output: That is really a personal choice . An attorney can help advise you on specific situations if you have unique or specific exposure concerns . In most cases your local insurance agent will be able to direct you to the coverage that would be proper for you . I would never tell anyone that they do not need legal assistance as each situation is different and it is always good to get a second opinion .


Input: Do You Need Car Insurance With A Learner's Permit?

Output: Each carrier is different but I have found that the most common practice is that a driver with a learner 's permit is not added to an auto policy until they are actually licensed . Coverage under a relative 's policy would extend to the driver with a permit in the event of a claim .


Input: Do You Need Car Insurance With A Learner's Permit?

Output: If you have a learners permit you are more than likely driving only with a blood relative or legal guardian that you currently reside with . If that is the case then you should be covered by the existing auto insurance policy that they have in place when you are driving their vehicle with them .


Input: When Is It A Good Idea To Get Life Insurance?

Output: Many people decide to get life insurance when they have a change in their lives that adds financial responsibilities . E.g. Getting married , having a baby , buying a house or business . Others are jolted to get life insurance when they , or people they know , have a health scare . It is better to get life insurance before being diagnosed with a serious health condition , but any time you need life insurance is a good idea to get it .


Input: Do Medigap Plans Cover Dental?

Output: Routine dental care -LRB- such as routine dental checkups , fillings , crowns , etc. -RRB- is not covered by Medicare and therefore a Medigap plan does n't cover it . Some procedures may be covered under certain conditions -LRB- e.g. you had to go to the emergency room and it was medically necessary to repair something in your mouth immediately - you can check with Medicare if you 're not sure if a given procedure would be covered . Medigap plans are standardized meaning the plan itself is exactly the same , regardless of the carrier you buy it from . Some carriers may offer value-added services with a Medigap plan such as discounts on some services -LRB- e.g. 10 % of a service -RRB- with certain dentists , but not actual dental insurance . If you want to have dental coverage , you would need to add them as a separate supplemental plan . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Where Should I Buy Health Insurance In Alabama?

Output: You can secure health insurance by enrolling in the Patient Protection and Affordable Care Act -LRB- PPACA -RRB- or Obamacare . Youll need to find out if your state sponsors one of the health exchanges . Not all states do . Enrollment starts October 1 , 2013 . You can also go online to see the listing of local medical agents who offer health care as part of their practice .


Input: Why Would A Baby Need Life Insurance?

Output: There are a lot of reasons it can make sense to get insurance on children -LRB- 1 -RRB- typically they are insurable -LRB- 2 -RRB- a lot of policies will allow them to convert to different types of insurance at a later date -LRB- 3 -RRB- its possible to have a paid up policy on them if you purchase while still young -LRB- 4 -RRB- you can also give them a head start in their financial life by giving them a policy with cash value that has built up over the years . Insurance is not a bad thing to have on one 's children .


Input: Why Would A Baby Need Life Insurance?

Output: The most important reason to get life insurance for a baby , in my opinion , is to assure that the baby will be able to get and have life insurance for the rest of their life . If a baby or child develops a health condition such as type 1 diabetes , is found to have a heart murmur or congenital condition , or even develops a mental or emotional disorder , it can be extremely hard to find life insurance for tthm . Often , they must wait until they are adults to apply , and if the condition is serious enough , they may need to wait until they are 50 years old to apply for a guaranteed issue policy . If the baby is put on a child rider or gets their own policy before anything like this arises , that baby -LRB- then child , then adult -RRB- is assured to have life insurance rated Standard for the rest of his/her life . Granted , there will be a limit on the amount , but it will be reasonably priced . When a tragedy occurs in the life of a child , it is just great to have something good turn up in a situation like that .


Input: Why Would A Baby Need Life Insurance?

Output: When getting life insurance for your children while they are babies , you will never have to worry about whether they can get life insurance again , in their entire lives . This is true whether you get them permanent coverage such as Whole Life , or if you get them Term Life that is convertible to permanent without evidence of insurability .


Input: Does Home Insurance Cover A PS3?

Output: Your homeowner policy will typically cover your PS3 . Check to make sure your policy includes Coverage C - Personal Property . As long as your limit for coverage C exceeds the replacement value of your PS3 , it will be covered for all covered losses . If the loss is only a PS3 , however , there is a good chance that your deductible will exceed the cost to replace it . Since the insurance company only covers the portion of the loss that exceeds the deductible , they would not pay out unless you had a very low deductible .


Input: How Are Life Insurance Premiums Determined?

Output: Life Insurance premiums are determined by gender , age , health history , current medical condition and other secondary items collected on an underwriting balance sheet of debits and credits are factored into a life expectancy and then are priced accordingly . Then the company adds on their operation costs and profit margin .


Input: Is There Any Way To Change A Life Insurance Beneficiary After Submitting A Claim?

Output: First , and foremost , I am very sorry for your losses . Given the circumstances as you have described them , to the best of my knowledge , there is no way to change the beneficiary at this point since your brother is now , unfortunately , deceased . Had you asked about this at the time of ownership transfer and then you had not been informed of the terms and conditions of the policy , that would be one thing . However , if as you stated you did not ask , I am not honestly sure that you have any recourse at this time . Moving forward , working with your Insurance Professional who will regularly review your policies with you can avoid such circumstances .


Input: Is Progressive Homeowners Insurance Any Good?

Output: Great Question . Progressive as a company in most states does not offer home insurance . Insted they have a contract with other companies that offer home insurance for there auto customers . I would look at other companies that can combine your home and auto with and get a good discount for that .


Input: Who Makes Money On Annuities?

Output: As with all life insurance products , sometimes the client makes money , and sometimes the insurance company makes money . That is how the insurance company is able to continually serve new clients . If you are asking who gets the money accumulated by an annuity , it depends on the type of annuity , and when the insured person dies . It may be the client , or it may be their beneficiary , who collects the money .


Input: Does Medicare Cover Fertility Treatments?

Output: Reasonable and necessary tests and treatments for fertility are covered by Medicare , when fertility would be expected . Obviously , those on Medicare who would use this benefit are those who receive Medicare due to being disabled 2 + years , as those going on Medicare at age 65 would not be expected to become fertile . However , Medicare Part D does not cover drugs that promote fertility .


Input: What Is Medicare Plan H?

Output: Plan H was a Medicare supplement plan that used to be available for purchase - this plan , along with plans E , I , and J were discontinued in June 2010 when the rules were changed so that prescription coverage could no longer be sold with a Medicare supplement plan -LRB- you now have to buy a separate stand-alone part D prescription drug plan -RRB- . Plan H is similar to plan G today , except plan H did not cover Part B excess charges -LRB- Plans F and G do -RRB- . Medicare supplement plans are guaranteed renewable so if you had one before they were pulled from the market , you can still keep it.If you want to secure new coverage that offers more comprehensive benefits , you may want to look into a plan F -LRB- and add a Part D plan for prescription benefits -RRB- .


Input: How To Find Cheap Renters Insurance?

Output: Price is not the most important factor when looking for renters insurance coverage . You should find a local agent that you are comfortable working with and a carrier that offers all of the coverage that you are seeking in a renters insurance policy . Your agent is going to be the first point ofcontact if you should have issues with your coverage or claims .


Input: Who Can Be On My Auto Insurance Policy?

Output: Any resident relative with a valid drivers license . Any non relative residing in your residence should have there own auto insurance policy . Anyone that does not own a vehicle must have named non-owner liability policy . Contact a local licensed agent to find out your liability and coverage needs for your specific situation .


Input: Does It Cost To Switch Car Insurance?

Output: That depends on the insurance carrier . Some insurance carriers have a fee that is applied to new business that is non-refundable upon cancellation of the policy -LRB- this is known by various names and will typically be a relatively small amount -RRB- . In many cases though there will not be any fees involved with cancellation of one policy or the start of another policy . When you are speaking with local agents ask them about fees for starting or cancelling a policy .


Input: Is D&D In Addition To Life Insurance?

Output: I believe you 're referring to AD&D policies -LRB- accidental death and dismemberment -RRB- . Every life insurance policy covers accidental death . Traditional life insurance policies provide full coverage -LRB- paying out proceeds in the event death occurs by illness or injury -RRB- . Partial coverage policies only covering accidental deaths are known as Accidental Death & Dismemberment -LRB- AD&D -RRB- life insurance programs . These policies typically feature much lower premiums than full coverage programs , but only pay out a death benefit if death occurs under certain conditions -LRB- e.g. dying in a car accident -RRB- . If you only have an AD&D policy and you die due to a heart attack , the policy would not pay out any proceeds because that would be considered death due to illness . Even though the premiums are less with AD&D policies , it 's worth paying the premiums for a full coverage life insurance policy because individuals are most likely to die due to illness than they will by injury .


Input: Is D&D In Addition To Life Insurance?

Output: I am not familiar with `` D&D '' , could you mean `` AD&D '' ? That is an accidental death and dismemberment rider on life insurance policies . Those are stand alone polices as well . As a rider added to a traditional life policy it doubles the face amount benefit in case of accidental death and triples the face amount if death by a common carrier -LRB- plane , train , ferry -RRB- . It will also pay a scheduled percentage in case of loss of limb -LRB- arm , hand , leg , foot -RRB- or loss of hearing or sight . These are usually very inexpensive to add to a policy . Just remember accidental death is still covered as any other death on a traditional life insurance policy .


Input: Is D&D In Addition To Life Insurance?

Output: It looks like you are referring to Accidental Death and Dismemberment , typically referred to as AD&D . The answer to your question is yes , a death benefit is paid in addition to the basic life insurance amount if death is determine to be by accident . The dismemberment coverage , as the name implies , is a payment for the loss of , or for the loss use of parts of your body as a result of an accident that did not result in death . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Is D&D In Addition To Life Insurance?

Output: No , D & D is in addition to accidental insurance . The full name is AD&D , which stands for accidental death and dismemberment . Some life insurance policies allow you to add an AD&D rider , which pays extra if you die by accident . But a standalone AD&D policy only pays for death or dismemberment caused by an accident .


Input: Is D&D In Addition To Life Insurance?

Output: Great question ! Accidental death is covered in all insurance policies . Dismemberment however , is not . The kind of policy that you are thinking of is often misunderstood . Some people think that it will serve as good life insurance , thinking that it will provide coverage that it usually does n't . This kind of policy does n't cover any kind of death related to illness or health issue , like cancer or stroke . The normal life insurance policy wo n't cover dismemberment , unless it results in your death . The two policies can be combined by purchasing a life insurance policy with an AD&D `` rider '' -LRB- the policy ` rides ' along on the other , bigger policy -RRB- for a little more in cost . That provides you with terrific coverage , for most any situation . If you need more information , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Does Homeowners Insurance Cover ATVs?

Output: ATV can be insured on a motorcycle policy . Home owners do not cover them you need to purchase a separte policy for them . Some auto policy may cover them as well on the same policy along with the trailer if you will be taking them let say off roading . Good Luck


Input: Does Homeowners Insurance Cover ATVs?

Output: You will need to check your own individual homeowner 's policy . As a rule the ATVS must have it 's own policy . ATV 's are titled vehicles . The come from the manufacturer with a certificate of origin which you can take and have it titled . -LRB- just because a vehicle has a title does not make it street legal . -RRB- Most titled vehicles will need their own insurance coverage if you want to insure it .


Input: Does Drivers Ed Lower Your Car Insurance?

Output: Yes it can in most cases . If you are a new driver and have taken an approved Drivers Education course , then provide that certificate to your parents Insurance Professional and here in Connecticut , and I am sure in most states , you will earn a discount on the rate that yo pay .


Input: Can I Get Life Insurance With Ulcerative Colitis?

Output: Ulcerative colitis can basically be measured in three stages : mild , moderate and severe . Additional information is necessary such as the date of onset , the last flare up , treatment or surgery and evidence of compliance with doctors orders . If the diagnosis is within the last year , the underwriting offer will more than likely will be postponed . Mild may be table B to standard and moderately severe could generate a table 4-6 . Remission is another factor in the underwriting decision . you may want to apply for an informal with a nationally recognized impaired risk life insurance company to determine what a preliminary offer may generate .


Input: Can I Get Life Insurance With Ulcerative Colitis?

Output: Working with an impaired risk agency can help you get a life insurance policy with ulcerative colitis , without having to do any trial and error and being declined . They will know the questions to ask , and in turn , ask underwriters so that you are put with the best life insurance company for your particular situation . If you have uncontrolled ulcerative colitis , there are always simplified issue policies you can get . Again , an impaired risk specialist can help you figure it out very quickly .


Input: Does Auto Insurance Go Down When You Turn 21?

Output: Your auto insurance reduces when you turn 21 with most carriers . It also reduces -LRB- with many companies -RRB- when you have three years of driving experience , turn 25 or get married . It also reduces when you reach age 55 , 65 or retire . That 's a lot of reductions ! As brokers , we can easily review when your rates will reduce , and how you can best pay the lowest premium with top-rated insurers .


Input: How Does Health Insurance Open Enrollment Work?

Output: During a health insurance Open Enrollment , you do not have to answer any medical questions when you apply for individual , family or business coverage . Your acceptance is virtually guaranteed regardless of any medical conditions you are being treated for or have been treated for in the past . In October of 2014 , an Open Enrollment will be available in all states as part of The Affordable Care Act . Applications can be submitted online through major reputable websites where you can easily review and compare plans . The effective date will be January and a federal tax subsidy may reduce your cost if you qualify .


Input: Which Annuity Company Is Best?

Output: That is a great question ! There are a ton of companies out there that offer annuity products . Is there one that is `` best '' ? That depends a lot upon what your specific needs are , and what you are wanting to have the annuity do for you . Here 's what I 'd tell you to look for - a solid financial rating , as indicated by a company like Standard & Poors ; One that has a good reputation , and financial reserves ; and one with a low record of complaints and issues , which you can find on your States ' Department of Insurance site . I have a few companies that I will recommend , depending upon what my clients are looking for , so I do n't really have a `` best '' one to suggest to you . Find a good independent agent , and have them walk you through some options . Inbox me , if you have trouble , okay ? Thank you for asking !


Input: Which Annuity Company Is Best?

Output: As there are so many companies offering so many options for annuities , it can be quite overwhelming . To locate the `` best '' annuity option/company for you , I recommend locating an independent agent who specializes in Annuities . This agent should be able to locate the annuity/company that is `` best '' for you based on your specific needs/budget ...


Input: Which Annuity Company Is Best?

Output: The annuity , or any other product , that pays the customer the highest interest with certain guarantees that match the needs , wants and budget of the customer is always the best . When looking at annuity options the annuity should be customized to each individual situation . There are hundreds of companies that offer hundreds of annuities . The best annuity is the one that matches your current budget and pays the most for your retirement . The ultimate goal of any annuity is to provide the maximum amount of money for retirement for the annuitant and any applicable beneficiaries . If you want to see the best options available for you contact an independent agent . Independent agents are able to work for more companies and provide you with the best options . Captive agents are only allowed to offer the products of the one company they for which they are employed .


Input: How To Get A Million Dollar Life Insurance Policy?

Output: To get a million dollar life insurance policy , first try looking at some quotes on a website quote engine to get an idea of what they run . If you have a health condition , you need to use a quote engine that includes that , or call or email an agent that specializes in that type of health condition to get your quote . In the end , it is always a good idea to talk to someone for a policy of that size , as you can save hundreds or thousands of dollars by being placed with one company over another .


Input: How To Get A Million Dollar Life Insurance Policy?

Output: You have to justify the amount of coverage for any life insurance policy . If youre assets or financial liabilities warrant a million dollar policy , then most life insurance companies will be willing to issue the policy . Keep in mind that actual earnings can bemused in the calculation for a million dollars of coverage if assets or liabilities dont generate enough justification .


Input: How To Get A Million Dollar Life Insurance Policy?

Output: Unfortunately money is not the simple answer . Money alone can not qualify a person for insurance unless it 's a guaranteed issue type . In that case however a million dollar policy is not available . So one must qualify for a million dollar policy by 1 -RRB- health 2 -RRB- age 3 -RRB- income and 4 -RRB- ability to pay . The last 2 may seem to be the same , but they 're not . Most insurance companies limit the amount of insurance they will issue to a certain multiplier of the annual income of the insured based on their age .


Input: Does Each Tenant Need Renters Insurance?

Output: It is always wise for a tenant to carry Renters insurance . Many people believe that since an owner has a policy on the property , their possessions are covered as well as his . But the policy a landlord holds does not carry much coverage for personal property . It is really more for protecting the property , not personal property . Renters insurance ensures the tenants possessions are covered in the event of theft , fire or some type of disaster .


Input: Does Each Tenant Need Renters Insurance?

Output: For the most part , yes , unless you 're married or live with your parent -LRB- s -RRB- . For the property part of your insurance , you must have an insurable interest in the property . The insurance company will only pay the owner of the property in the event of a claim . If you do n't own it , you have no loss . If you 're married , the property is considered to be owned by both so either can collect from a loss . For the liability portion , you must be a named insured or the dependent of a named insured . If you have a roommate and you both get sued , your liability covers you and their liability covers them . Look at it this way , if you 're roommate gets sued for doing something negligent , do you really want that to be your problem ? A good agent will help you choose the right coverages for your situation and build a policy you can afford . Be smart and find an agent you can trust . It 'll save you money in the long run .


Input: Does Each Tenant Need Renters Insurance?

Output: Tenants should have renters insurance to insure the contents inside their apartment as well provide insurance should they cause the structure to be damaged by fire , flood or smoke . If you are the tenant in an apartment and accidently do somthing in your apartment that damages anothers personal property and or the building , you could be held liable for the damage . Most renters insurance offers a minimum of 25000 in contents coverage and 300,000 in personal liability coverage . This insurance generally costs about $ 20,00 per month . Keith Prim Dallas , TX 214-435-0791


Input: What Is Partnership Long Term Care Insurance?

Output: Partnership Long Term Care Insurance is a type of policy that allows for protection of assets from a Medicaid spend down . Partnership LTC started in 4 Northeastern states and has since become legal in all 50 states . There are some advantages and disadvantages to Partnership LTC . The most obvious advantage is being able to hang onto some of your assets that normally might have to be depleted in order to pay nursing home costs .


Input: If I Switch Auto Insurance Will I Get A Refund?

Output: If you have paid your auto insurance policy beyond the cancellation date you have chosen you would get some type of refund . In most cases this refund is pro-rated , however if you were with a non standard insurance carrier or have maintained a policy with a standard insurance carrier there is a good probability the refund will be short rated . I recommend you always call your current insurance carrier to inquire about their cancellation policy .


Input: Does USAA Have Home Insurance?

Output: USAA is a full services insurance company , meaning that they offer policies that cover a wide variety of needs , including homeowners . You have to qualify to be insured with them but you can check their website and register , to see if you can be accepted . In addition to auto and homeowners , they also write policies to cover renters , recreational vehicles , small businesses and many other products . Everything is listed on their website .


Input: Does Health Insurance Pay Gym Membership?

Output: Each health plan spells out what they cover and what they exclude . Even if your health plan does not explicitly cover a gym or health club membership , they may provide `` wellness benefits '' which could pay a portion of the cost . You could also check with some of the facilities in your area and ask them if they are part of a network that might provide a discount .


Input: What Are Some Examples Of Annuities?

Output: Some examples of annuities are : 1 -RRB- Fixed annuities that provide a minimum guaranteed return a. Fixed Immediate Annuities -LRB- you put in a lump sum and immediately start collecting payments -RRB- b. Fixed Deferred Annuities -LRB- you put in periodic premiums , then start receiving payments later -RRB- 2 -RRB- Variable Annuities whose returns are based on the market 3 -RRB- Indexed Annuities whose returns are based on a specified equity-based index


Input: What Are Some Examples Of Annuities?

Output: There are two basic approaches to non-qualified annuities : immediate and deferred . Ideally , annuities should be considered ultimately as an income product . Single premium immediate annuities can generate income over a guaranteed and fixed period like 10 and 20 year certain . They can also be annuitized for the life of the annuitant . Their crediting method uses a combination interest rates and mortality credits . Non-qualified deferred annuities have crediting methods that include interest rates , indexed and separate sub accounts in variable deferred annuities .


Input: How Do Claims On Roof Damage Work When A Roofing Company Contracts The Job To Another Company?

Output: The relationship that prevails is the relationship between the homeowner and the insurance company . Returning the roof to serviceable condition is the obligation of the insurance company . The actual company providing the work is immaterial . If you are dissatisfied with the contractor selected by the insurance claims adjuster , speak to that person about your concerns .


Input: Can Creditors Take A Life Insurance Policy?

Output: The answer to this questions depends on a few specifics . In many states , a creditor can not take the cash values of a life insurance policy from a policy owner -LRB- this is not true of all states , however -RRB- . For death benefit , as long as the death benefit is paid to a beneficiary who is not a party to the loan for which the creditor is trying to collect money , the creditor would not be able to take life insurance proceeds , unless those proceeds were paid to the policy owner 's estate , at which point in time they would need to be distributed through the probate process , and the creditor would have the ability to file claim against the estate in an attempt to recover monies owed .


Input: When Should Someone Buy Life Insurance?

Output: The typical profile of a life insurance owner is someone who is a family breadwinner and has minimal savings . In other words , has dependents and debt . Term life insurance is by far the most appropriate kind of life insurance for the majority of people . Advantages of term life insurance - Generally lower cost than permanent insurance . - Offers higher coverage at a more affordable price . - Gives you the most coverage for the lowest cost - up to 30 years . - Ideal for younger families when the need for protection is greatest . People choose term life Insurance for covering specific needs that will disappear with time , such as : - Income replacement - Financial security for dependents - Mortgage protection - College funding - Final/burial expenses Use a needs life insurance calculator and get online quotes so that you can compare rates from top rated companies to get the lowest price . Important note : Beware of sites that ask you for your contact information before you can see quotes .


Input: When Should Someone Buy Life Insurance?

Output: The best time to buy life insurance is at a younger age for the rates are lower and more insurance can be bought . Also , at the time of marriage of even before marriage is a great time for there is a family that is beginning and then you can rely on building an estate and protect yourself financially in the event of a misfortune . Also you can buy at anytime but be wary of how to obtain lower rates cor yourself , however , rates can be low for someone older with correct planning .


Input: When Should Someone Buy Life Insurance?

Output: There are many reasons to look at purchasing life insurance . First and foremost , life insurance provides a tax-free death benefit to your beneficiary . Purchasing life insurance is based on the need you are trying to cover . If you have a family with children , then it is a good idea to replace that lost income if you or spouse should die while kids are growing up . If you have a business with a partner , then it may be a good time to get insurance . Estate planning is a reason to get life insurance . If you think you might have a need , please consult your broker to review your situation .


Input: When Should Someone Buy Life Insurance?

Output: The short answer is when you are young and in good health . Both are key elements that determine pricing . Consider as well , when you have a financial obligation that needs protecting - a car loan , a mortgage , a business loan etc. as these are all natural moments when the consideration of Life Insurance makes sense .


Input: When Should Someone Buy Life Insurance?

Output: Life insurance addresses the problem of a person dyeing too soon . That is if you have people who depend on your income and should you die they would be left in a troubled situation . That is the most basic reason to buy life insurance . And the most basic kind of life insurance is Term , which only addresses that one issue - and that for only a specified term of between 10 and 30 years . Permanent and specifically Whole Life insurance also addresses the issue of inflation relative to the death benefit and even retirement income should a person live `` too long '' - that is out live their retirement savings .


Input: When Should Someone Buy Life Insurance?

Output: The best time to buy life insurance is when you have good health . The rates are lower , and you have more choices , than when a health condition is present . However , many people do not think about their own mortality until they develop a chronic or acute health condition . If that is the case , it is usually a good idea to go ahead and buy a policy , anyway , if you can get an affordable rate .


Input: Does Medicare Or Medicaid Pay For In Home Care?

Output: Medicare will pay for in home care if the home health agency providing it is Medicare approved , the patient receiving it is following a doctor 's care plan and receiving services such as PT or OT , and the person is home bound . In a nutshell , this means that it is very difficult or detrimental for the person to leave home due to their condition , and they need assistance of another person or mobility device to do so . Medicaid payment of home health services vary depending on each state . Under federal Medicaid rules , coverage of home health services must include part-time nursing , HCA services , and medical supplies and equipment .


Input: Does A Trampoline Affect Homeowners Insurance?

Output: Good question . Many insurance companies will ask if you have a trampoline on the premises . If you do , it will likely make you ineligible for 50 % of the homeowners insurance companies in NY . If you have homeowners insurance already and you did n't have a trampoline -LRB- at the time of application -RRB- you can purchase a trampoline and coverage would be afforded under most policies . They key is to avoid making a material misrepresentation on the application . Of course , always check with your local independent agent .


Input: Does A Trampoline Affect Homeowners Insurance?

Output: Typically speaking yes . Home owners insurance carriers are going to want to see that the trampoline is secure , meaning in a fenced yard with a locked gate , . That is saying also that IF the carrier will even accept the risk of the trampoline . You should contact your independent insurance agent before purchasing a trampoline and ask them what their carrier would say about a trampoline .


Input: Can You Borrow From Your Life Insurance?

Output: You can borrow from your life insurance if there is cash value from which to borrow . If you have Term Life Insurance , there will not be any cash value , so that is not the type of life insurance that can be borrowed from . Permanent insurance such as Whole or Universal Life may have enough cash value to secure a loan You can ask your agent or the life insurance company for an illustration that will show how much cash value is available to you . and also show the interest you will need to pay so that the death benefit stays in effect while you pay the loan back .


Input: Is Rollover IRA A Roth IRA?

Output: A rollover IRA is an IRA that is funded from the proceeds of another qualified plan , most likely another IRA or a 401 -LRB- k. -RRB- The proceeds of these plans all have the same tax consequence so a rollover is simple . A Roth IRA has different tax rules . In order to roll an IRA or 401 -LRB- k -RRB- into a Roth IRA , the proceeds must be subject to income tax as ordinary income . This may be a very wise thing to do but should not be done without some competent counsel .


Input: Is Rollover IRA A Roth IRA?

Output: Is a rollover IRA a Roth IRA ? Well , no . Really two different things going on here . You ca n't rollover an IRA into a Roth plan without paying taxes on the transaction . In other words you have to cash your IRA out , pay taxes and then you could possibly put them in a Roth . A rollover IRA usually means moving funds from one to another similar plans . Usually , there are no tax consequences for a rollover .


Input: I am uninsured and was hit by an insured driver. Should I contact their insurance or would I get in trouble even if they're at-fault?

Output: There are two issues here . First , you state that you do not have car insurance yet were driving . I can only assume that the car you were driving is your own , registered to you . In a state like Connecticut , where it is required by law to carry car insurance in order to register and drive a car on public roads and highways , if a police officer was on the scene , you would have been issued a ticket . and possibly would have had your car towed . The second issue is that you wer hit by another car . That person , in the absense of any other details , would probably be held at fault for the accident and therefore their insurance company would pay for the damage repair to your car .


Input: I am uninsured and was hit by an insured driver. Should I contact their insurance or would I get in trouble even if they're at-fault?

Output: There is no guarantee that the absence of insurance will not come back as an issue . However , if you are in a tort law state you are entitled to be made whole for your loss regardless of your insurance status . In most instances your insurance should n't come up if the other driver is not contesting the facts .


Input: I am uninsured and was hit by an insured driver. Should I contact their insurance or would I get in trouble even if they're at-fault?

Output: This is an interesting question ! It sounds as if there was no Officer present at the accident scene ? Because if there was , you 'd have already found the trouble that you 're trying to avoid . I 'm not sure where you live , and they might not be able to charge you after the fact , but they might , and they can certainly pay more attention to you if they learn that you are willing to break the law and drive uninsured . So if there was no Officer , and you had no insurance information to exchange at the accident scene , you are really in kind of a ` he said she said ' position . Can you prove the other driver hit you if you try to get their company to pay ? They should pay , if the other driver was at fault and admits their liability , but if they do n't , you may have trouble collecting from them . Bottom line ? If you 'd been obeying the law and were insured , you 'd have no trouble collecting . As it is , you 'll have your work cut out for you . Good luck , and thanks for asking .


Input: How Do I Know What My Health Insurance Premium Is?

Output: Great question ! In almost every case , your premium payment should be agreed upon before you sign for the policy . There are some cases where the companies underwriters need some time to investigate an determine whether you will qualify , and what the premium will be , but in most cases you should have a very good idea up front what you are paying , and what your coverage will consist of . If your agent does n't make these things clear to you , politely decline , and go get another agent , one who will make everything understandable . If you would like help , please feel free to contact me , okay ? Thanks for asking !


Input: How Do I Know What My Health Insurance Premium Is?

Output: A premium is the amount you pay to the insurance company -LRB- generally on a monthly basis - depending on the kind of insurance , you may desire to pay quarterly , semi-annually , or annually -RRB- in exchange for coverage under a given policy . When a certain type of claim is made , the insurance company is going to pay the claim instead of you up to the defined amounts as stated inside the policy - for health insurance , the policy may only state the carrier is going to cover a percentage of the claim and you would pay the difference .


Input: How Long Has Whole Life Insurance Been Around?

Output: To the best of my knowledge , formal life insurance started in the early 1700 's . In the mid 1700 's , the world 's oldest mutual insurer began issuing policies . If you want to read more about the early history of this , do a search for `` The Equitable Life Assurance Society '' . It 's a very interesting read .


Input: Can You Disenroll From A Medicare Advantage Plan?

Output: Yes , each year Medicare Advantage has a Annual Enrollment Period typically from October 15 - December 7th that you can switch plans . You can also leave the Medicare Advantage plan and enroll in a Medicare Supplement plan . Many people are switching from a Medicare Advantage plan to a Medicare Supplement plan because of all the changes that keep happening to the Medicare Advantage plans .


Input: Can My Apartment Make Me Buy Renters Insurance?

Output: In some States , the Law requires for all Tenant Lease Contracts to include a clause requiring tenants to purchase and provide proof of Renters Insurance to the Landlord . In most States , this is not the case . However , a Landlord has the right to require a tenant to responsibly be insured as part of the agreement ; as long as both the Landlord and Tenant sign the Lease , it is a legal agreement . Renters Insurance is very inexpensive and provides a huge protection to both the Landlord and the Tenant in the event of a claim . The minimum amount of Personal Liability is $ 100,000 on most contracts and has no associated deductible ; the minimum amount of Personal Property coverage could be as low as $ 20,000 to which the policy deductible will apply . In order to generate the lowest premium for those uninterested in coverage but required to purchase coverage , one should obtain a quote for the minimum liability limit , the minimum personal property coverage and the maximum deductible . Providing an online format to obtain a quote and buy renters insurance online in multiple States ; may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: Can My Apartment Make Me Buy Renters Insurance?

Output: If the lease you signed says you will have renters insurance then , yes , they can require you get the coverage . If you signed the lease -LRB- contract -RRB- you agreed to the terms -LRB- to by the insurance -RRB- . That said , renters insurance is CHEAP . Even if it is not required its a great idea . Probably less than $ 10/month ... a small price to pay to not see your families picture on a coffee can asking for change at 7-11 !


Input: What Is Group Life Insurance?

Output: Group life insurance is a master policy held by an employer for all employees who receive a certificate of insurance by being employed for a company . Usually the employer pays the premium and it is typically a guaranteed issue life insurance plan . The most common plans are term life insurance ranging from $ 10,000 to $ 50,000 face amount . Some other plans are tied to an employees salary such as 2 times or 5 times annual salary to calculate the face amount . In most cases the employee loses coverage on the day employment is terminated for any reason . Always be sure to purchase enough life insurance on your own personal plan to protect your loved ones . Use your `` free '' group benefit as a supplement . I have never seen a widow turn down a life insurance proceeds check because it was just too much money at their time of need yet .


Input: What Is Group Life Insurance?

Output: Group Life Insurance provides protection for employees and their families in the case of death of the employee or family member . It can come in Term life , Universal life , or Whole life . The employer usually pays the first $ 50,000 of coverage with the employees having the option to purchase additional coverage at group rates , called Supplemental insurance . The first $ 50,000 of benefits are considered tax free to the employee .