Input: Can You Claim A Tummy Tuck On Medicare?

Output: Medicare will only covered medically necessary procedures . Since a tummy tuck is usually cosmetic , it will most likely not be covered by Medicare . There may be rare situations that make it medically necessary but as a rule the answer to your question would be no it is not covered .


Input: How To Come Up With A Retirement Plan?

Output: It 's always a good first step to establish a financial profile that includes yourrisk tolerance for investment products , figuring out your effective tax bracket as well as your timelineto retirement and life expectancy . Then you can consider whether to use a qualified or non qualified plan , individual or employer sponsored and what investment products to use .


Input: Who Is Primary Medicare Or Group?

Output: If you only have Medicare A & B or Parts A & B plus a Medigap plan , Medicare is going to pay first . When you have more than one plan paying a claim , the process has to follow the coordination of benefits rules to determine who pays first and who pays second . The majority of the time , people who are on Medicare will have two types of coverage when they or their spouse works for an employer . Self-employed individuals will generally only be on Medicare and drop their under 65 policy -LRB- unless their spouse has group coverage they can be on -RRB- . How big the company is and whether or not the insured employee is working will generally determine who pays first . If the employer has 20 or more employees , the employer plan will pay first and Medicare second . If the employer has less than 20 employees , Medicare will pay first and the employer will pay second . If you 're on Medicare for a disability , the employer plan pays first and Medicare pays second if there are 100 or more employees - if there are less than 100 employees , Medicare pays first and the employer plan pays second .


Input: How Much Are Medigap Premiums?

Output: Medigap premiums vary by age , zip code , plan , tobacco use , gender and carrier . It is not unusual at all to see premium rates for Medigap plan F have a 100 % spread from high to low . When you pay more you do n't get more , you simply paid too much and who needs to do that ?


Input: How Much Are Medigap Premiums?

Output: Medicare supplement plans premiums can vary from company to company . It 's important to remember that coverage for medicare supplement plans -LRB- medigap plans -RRB- have been standardized by the Federal government . This means ABC 's Plan F offers the same basic benefit as XYZ 's plan F. It 's important to speak with a broker who represents a number of companies , because paying more for a medigap plan does not mean you are getting more , it just means you are paying too much .


Input: How Does Life Insurance Build Cash Value?

Output: The Cash Value or ` CV ' of whole life insurance works a little differently among the various providers , but basically the premiums paid by clients goes into a General Fund owned by the Insurance company , -LRB- Provider -RRB- . A large portion of that General Fund is invested in a wide range of investment products . The resulting profits are what produce the CV of your policy . Of course the amount paid into your CV is dependent on the Face Value , -LRB- death benefit -RRB- , and the amount of premium you pay . -LRB- You can pay more than the minimum required premium -RRB- . And your CV return is in the form of a guaranteed interest amount . In the case of Mutual -LRB- as opposed to Stock -RRB- companies , clients also receive dividends , which may be paid into the CV of the policy , or you may elect to receive it as annual cash payments .


Input: How Does Life Insurance Build Cash Value?

Output: This can be complicated but I will try to keep it simple . If you have a Whole Life Policy , the premium is based on how long you are expected to live , averaged out over that length of time the policy is expected to be in force . Term Insurance seems cheaper because it is not designed to cover you for your whole life . That is why the cheapest form of life insurance is one year term . Every time a term policy renews the premium goes up until it eventually becomes unaffordable . Because a whole life policy averages these premiums out , you are paying more in the early years than term but in the later years you premium would be less than term , since the policy does not need to renew . The excess money collected in the early years is invested and after expenses the balance is put into the cash value . They use a lot of complicated formulas to determine this but this is a simplified explanation .


Input: How Does Life Insurance Build Cash Value?

Output: Life insurance spreads premium payments over your life expectancy . As a result , in the early years you pay more for the insurance component than term insurance but in later years you pay less than you would one year term at the same age . The excess premium in those early years is invested by the insurance company and is accumulated in the whole life policy in the form of guaranteed cash value .


Input: Does Car Insurance Cover A Cracked Windshield?

Output: Car insurance covers cracked windows under the comprehensive portion of your policy . Typically the deductible is very low or simply there is no deductible at all . Conversely , your collision deductible tends to be higher ... often in the $ 250 - $ 1000 range . A comprehensive claim like glass breakage will often have no impact on your rate .


Input: What Do I Need To Know About Long Term Care Insurance?

Output: There are a limited group of insurance companies left in the long term care market place . Premium prices vary between those carriers , but generally , they 're within a reasonable spread of each other . Contract definitions are the most important part of product due diligence with morbidity product lines like long term care . It 's important to seek out online experts who sell the top companies and can explain the policy provisions to your understanding . A leading long term care insurance company is Genworth .


Input: Which Renters Insurance Is The Best?

Output: The best renters insurance company is the one that pays your claim to the maximum extent possible . Regardless of what you have paid for the coverage , having adequate coverage at the time of the claim is the true measure of value . The place you buy this kind of coverage is from a trusted insurance agent . This agent will listen to you , give sound financial advice and communicate accurately with you and the company .


Input: Does Homeowners Insurance Cover Hot Water Heater?

Output: If your water heater just wears out then no homeowners insurance will not cover the water heater . If your water heater was to burst for example and water damaged your home then your insurance will cover the damage to the home but still will not cover the water heater . If something outside damages the water heater such as a fire , or falling object then the water heater would be covered .


Input: Does Homeowners Insurance Cover Hot Water Heater?

Output: Check with your insurance agent to find out if you have a `` named peril '' or `` all risk '' policy . This will help you determine when your water heater is covered under a homeowners policy . Normal wear and tear or maintenance is not covered . However , some companies are now offering a separate home warranty policy that can cover plumbing , electrical , heating and applicances .


Input: Does Homeowners Insurance Cover Hot Water Heater?

Output: Typically a water heater will be covered if there is damage from a source OTHER than wear and tear or flood . The damage resulting from a water heater leak is generally covered . The one exception will be mold that forms away from the original water damage sight , if the mold becomes airborne . I would check with your local independent agent to make sure the company he/she selects for you has water damage coverage limits sufficient enough to cover a claim should it arise . Here in NC there are sub-limits to water damage claims .


Input: Why Does Credit Rating Affect Car Insurance?

Output: Insurers typically use insurance scores not credit scores , but they are in-bedded with some of the same information . For most insurers this is one way of measuring your responsibility . Responsibility is a key ingredient in knowing if you understand what risks you are taking . Let me give you an example . Suppose you want to hand the keys of a new Ferrari over to a 16 year old . An insurer is going to look at that and say . . wait a minute , does that driver know how to drive such a powerful and expensive car . Will he or she give someone else the keys and let them drive . will he or she be using the car for delivery of Pizzas . All of those things might require a specific answer . Yet insurance scores give an insurer information on how you have acted in variety of situations and credit is part of that shorthand that conveys to an insurer that you are or are not a generally responsible person . The most accurate measure of how you will drive is how often you will drive . So be sure to add that element to your discussion with an agent . He or she may have polices from insurers who give discounts to those who use a vehicle say less than 4.000 mile s a year . Talk to your agent and give him or her enough information to be able to accurately present you and your exposures to many companies .


Input: What Is The Best Retirement Plan For Me?

Output: In order to determine what is the best retirement plan , you first need to clarify what you are trying to accomplish . What does a successful retirement look like for you ? Once you have an idea what that means then you will be able to calculate what it will cost to fund it . The would will be able to determine what is best for you . Additional information on retirement planning is available on my website www.jpw.ca If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: Who Should Purchase Disability Insurance?

Output: Disability insurance is paycheck protection , to cover your ability to earn a living if youre disabled or sick and cant work . But disability insurance can cover much more than that . It can cover your ability to contribute to your retirement above and beyond your individual disability policy . It can cover business overhead expense , protect business loans and cover key employees .


Input: Who Should Purchase Disability Insurance?

Output: Everyone . Actually anyone that is concerned about how they would handle paying the bills and daily living expenses if they were hurt or disabled . Disability insurance can help provide for you and your family when you need it most , when you are hurt and unable to work . Please contact a local agent to find out what coverage and exclusions there may be with the policies that he/she has to offer .


Input: Why Should I Have Renters Insurance?

Output: You should have renters insurance to provide some financial protection for you and your family in the event of an accident . Renters insurance will typically provide liability coverage in the event that a person that is not a resident is hurt while on your premise and you are deemed responsible . Besides liablity coverage it will also typically provide loss of use coverage and coverage for your personal property .


Input: What Is Voluntary Life Insurance Coverage?

Output: Voluntary life insurance is life insurance offered at the place employment that employees -LRB- or employees ' family members -RRB- purchase out of their own pockets . The premiums for voluntary life insurance are not paid by the employer . A certain amount of coverage is guaranteed issue for the employee ; beyond that amount health questions must be answered . Family members usually need to qualify medically .


Input: What Is Voluntary Life Insurance Coverage?

Output: What is voluntary life insurance ? Voluntary life insurance is usually something you 'll find in the workplace offered through your employer 's HR office . The voluntary means it 's an optional benefit choice for an employee . Usually voluntary life is sold on a guaranteed basis with little to no underwriting . Again since the few questions , the higher the cost or the lower the benefit .


Input: When To Purchase Disability Insurance?

Output: Personally , I do n't think it 's ever too soon to buy disability insurance . If you 're eligible , you should be looking into it . The cost of DI rises with age , and if you develop an illness or become injured , those pre-existing conditions could be excluded or drive up the cost . I 'm only 25 and because of a condition I was diagnosed with a few years ago , even I 'm not eligible for DI . If I had known about the importance of DI at the beginning of my career , I would have purchased it , even at age 22 . So many of us think disabilities are caused from accidents or injuries , so if we 're sitting at an office job , we have no need for DI , right ? Wrong . Ninety percent of disabilities are caused by illness , which can strike at any age , and can affect any occupation .


Input: How Much Should I Contribute To Retirement Plan?

Output: You should contribute to the maximum allowable in your retirement plan . It 's like paying yourself first . Some individual plans allow $ 5500 to $ 51000 for 2013 . Some employer sponsored plans like a 401 -LRB- k -RRB- , 403 -LRB- b -RRB- , 457 -LRB- b -RRB- permit $ 17500 in annual contributions . Keep in mind that some employers match some portion of your contributions .


Input: Can Life Insurance Be Garnished?

Output: That is a great question ! If it is a creditor seeking payment for the deceased 's debts , generally your payment as the beneficiary can not be taken from you to satisfy the insured 's debt . If you have a creditor that has learned that you 've come into a large sum of money , that may be a different situation . In either case , you would be best served to seek legal advice , because as an agent , and not a lawyer , I can not answer for you as a lawyer would . I hope that helps , thanks for asking !


Input: Can Life Insurance Be Garnished?

Output: If someone dies while having a garnishment against them , the beneficiary will not be subject to the garnishment that was against the insured person . If it is the beneficiary who has a garnishment against them , the amount of the insurance proceeds that can be garnisheddepends on the rules of the state . Consult an attorney if your wages are being garnished and you are set to become the beneficiary of a life insurance policy , or have recently received proceeds of a life insurance policy .


Input: Can Life Insurance Be Garnished?

Output: If you are the beneficiary of a life insurance policy and it is the deceased who was under garnishment , your life insurance benefit can not be garnished on behalf of the deceased . If you get a life insurance benefit and you are the one who owes money , federal and state law determine how much -LRB- if any -RRB- of the death benefit can be garnished .


Input: Can Life Insurance Be Garnished?

Output: I have to take a small leap and assume you are talking about the death benefit you might have received or have received . Life Insurance itself can not be garnished however if the courts know you are receiving a death benefit , they may go after your bank accounts , etc. . Garnishments are generally taken from your salary at your place of employment . If this does not answer your question , please elaborate and get back to me . Thank you .


Input: How Long Does It Take Get Auto Insurance?

Output: Great question . To get a new car insurance policy usally can be done in one day . You call the insurance agency and request a quote and they ask you some question and call you back with the price . Once you like the coverage and the quote you can buy the policy the same day .


Input: What Is Dual Entitlement For Medicare?

Output: Dual entitlement for Medicare is when someone qualifies for Medicare based on more than one criteria . E.g. . They have been receiving Medicare due to being disabled over 24 months , then develop qualified End Stage Renal Disease -LRB- ESRD -RRB- . This becomes an issue when there is a Group Health Plan -LRB- GHP -RRB- involved , and they must decide whether Medicare is the primary or secondary payor .


Input: How To Sue Someone With No Car Insurance?

Output: Even if someone has car insurance , if you choose to sue them you have to file in small claims court unless this is a much larger claim . I would reach out to an attorney to get more details . When someone has insurance , usually that company will give you a settlement however sometimes what they offer is not what you can get or should be awarded which you end up in court anyway . There are some great attorneys that specialize in accidents . I do not know what state you are in so I can not make a recommendation but just do some homework . Get someone that is reputable . Good Luck .


Input: How To Cancel New York Life Insurance?

Output: To cancel any life insurance policy , you can call the Customer Service department of the insurance company and ask for the paperwork to cancel your policy . Before cancelling , though , it can be very helpful to speak to an agent to discuss your options . I literally went in to cancel a policy for my mom this week , and when we both learned of an unknown feature it had , she was thrilled to get to keep it . You may not need to pay another cent and still be able to keep some coverage . Taking a few minutes to review what you put so much into is never a bad idea .


Input: Does Medicare Cover Zostavax?

Output: Zostavax is the shingles prevention vaccine . Medicare Part B does not cover the Zostavax vaccine , but all Medicare Part D plans to cover this vaccine . The amount you have to pay depends on your plan . It is usually cheaper to go to a pharmacy to have the injection that to have the injection at a doctor 's office .


Input: Is USAA Car Insurance Cheaper?

Output: USAA car insurance is cheaper than a lot of other companies in many areas . However , they are not the least expensive option in all states and for all drivers . Typically , as a broker that has been in the business for 32 years , our job is to shop , research and compare the most affordable auto insurance rates for you and your vehicles . At times , USAA may offer the best deals . But many other times , another carrier will be best . For example , Esurance , Progressive , Geico , Farmers , Liberty Mutual and Allstate are just a handful of insurers that at any given time may offer the lowest prices . As mentioned , our job is to take the time -LRB- utilizing state-of-the-art software -RRB- to find the best rates and offer them to you via email or through our websites .


Input: Is Skilled Nursing Covered By Medicare?

Output: Medicare Part B will cover care and treatment in a SNF -LRB- skilled nursing facility -RRB- in some situations . You must be admitted to the SNF following a qualified hospital inpatient stay -LRB- usually 3 days or longer -RRB- and be discharged to the SNF . Your treatment must be medically necessary , not respite care or assisted living .


Input: Why Calculate Present Value Of Annuities?

Output: There are two popular and entirely different purposes to calculate present value of annuities . 1 -RRB- * Calculating retirement funding needs . Suppose you are planning to retire next month and want to purchase a fixed annuity with guaranteed interest rate of 3 % that will immediately start providing you with $ 25,000 of annual retirement income over the next 25 years . Being able to calculate present value of annuities helps you see the lump sum you will need to pay for your annuity -LRB- in this case , approx $ 435,330 -RRB- . 1 -RRB- * Calculating loan payments . Using the same example in reverse , let 's say you had a $ 435,330 mortgage at 3 % and you wanted to pay it off in 25 years . Purchasing an annuity for that amount would allow you to make payments of $ 25,000 per year for the next 25 years . * Both of these are overly simplistic examples . Talk to a licensed agent versed in annuities for specific annuity details .


Input: What Is Alberta Health Care Insurance Plan?

Output: The Alberta Health Care Insurance Plan -LRB- or AHCIP -RRB- is a publicly funded health care system available to residents of Alberta Canada . Residents must register to receive coverage for hospital and physician services , which are provided under Canada 's Health Act that guarantees benefits to all eligible citizens . The Alberta Health system offers additional health benefits beyond the basic requirements of the Canada Health Act .


Input: How To Get Life Insurance For The Elderly?

Output: To get Life Insurance for the elderly , you must first determine if the person to be insured meets the health guidelines . There are a number of small , No Exam policies that cover individuals up to age 80 or 85 , that make allowances for many of the health conditions that can plague the elderly . However , if there have been recent hospitalizations , if health conditions are very poorly controlled , or if there is need of assistance to do any ADL 's , the policy will be graded or could be declined.If cognitive abilities are reduced due to dementia or Alzheimer 's , the only option will be guaranteed issue coverage , and most of those policies are not offered past age 80 . By shopping with an agency that specializes in life insurance for seniors , you can obtain the best rate and find one that will work for the health factors of the elderly person in mind .


Input: How To Get Life Insurance For The Elderly?

Output: Many life insurance policies issue up to age 90 . Some of these policies mature or endow at age 121 . Gender , age , smoking status , health history and current medical condition are all factors in life insurance , but more so with geriatric underwriting . Interestingly enough there are life insurance companies that seem more benevolent to seniors , even seniors who have impairments .


Input: How Do I Know When My Car Insurance Is Due?

Output: Your car insurance policy will be issued either on an annual or a semi annual term basis . In Connecticut , 30 days in advance of each renewal , your company will send you policy documents for the new term . In some cases the bill will be included on others the policy will be billed separately and that will come out roughly 15 days in advance of the due date . Some companies also offer on line accounts and paperless billing plans .


Input: How Do I Know When My Car Insurance Is Due?

Output: Great question ! The company will generally send your renewal information and new insurance cards about a month before the policy renews , but if you 've not received it , or misplaced it , they certainly will tell you if you contact them . If you need any further help , feel free to contact me , I 'm happy to help . Thanks for asking !


Input: How To Get Health Insurance Quotes Online?

Output: There are many sites where you can get instant health insurance quotes online . When you visit a page that provides online quotes , you follow the prompts on the screen . However , when it comes to health insurance , I always recommend consulting with an experienced broker because of all of the moving parts involved and it can be difficult for some to compare plans.You can run instant health quotes on my website if you 'd like -LRB- link available on my profile page -RRB- as well as other types including life , disablity , senior insurance , etc. . Please let me know if I can be of further assistance . Thanks very much .


Input: How Do Annuities Work In Retirement?

Output: Assuming that the annuities the inquiry is addressing is non-qualified , the following could be true . A few retirement planners use annuities as a tax deferred holding positions for mid-range periods of five years . Some retirement planners use a combination of tax deferred annuities with a 5 year immediate , a 5 year deferred , a 10 year deferred and a lifetime annuitization immediate annuities . Many retirement planners use lifetime annuities that their clients can never outlive .


Input: Is Auto Insurance A Federal Law?

Output: Auto insurance is not required by federal law . Auto insurance is not regulated by federal regulation . States establish both the requirement for auto insurance and the regulation of insurance companies . Your state insurance commissioner and department of motor vehicles can provide any information that you require about automobile insurance .


Input: Can Non Us Citizens Buy Life Insurance?

Output: You do not have to be a citizen to obtain life insurance . US life insurers require that the proposed insured must be a permanent resident of the US . That means a US citizen or a non US citizen who is a lawful permanent US resident -LRB- green card -RRB- or on certain visa types . The applicant would also need to have the means to pay premiums and have a demonstrable life insurance need i.e. generating earned income or assets to protect here . Some insurers have developed foreign national programs that can also work in situations where established US interests and ties exist plus meeting some additional criteria . Citizens of some countries may not be eligible . It can be a complex area of field underwriting - so much so that our firm has developed a special questionnaire to help shop for coverage . Be sure to work with a life insurance professional with experience in this area .


Input: How To Switch Homeowners Insurance Companies?

Output: Once you apply for new home insurance , and have been accepted by your new company , all you have to do is contact your current agent or insurance company . I suggest doing it in writing so there is a paper trail . If you let them know you have new insurance , and tell them what day to cancel your current policy , they should take care of the request and you should get a pro-rated refund from the current carrier . DO NOT write on the bill and mail it in as most insurance companies have thousands of payments coming in every day , the bills do n't get looked at by people , so if you write a request on your bill they might not see it .


Input: Who Rates Health Insurance Companies?

Output: Rating Agencies rate health insurance companies along with many consumer sites -LRB- such as Consumer Reports -RRB- . Also , experienced brokers often write articles about insurance carriers and what rates and coverage you will find , and which types of policies are the most competitive for your situation . A.M. Best Co. , for example , will also provide a financial rating for insurers .


Input: Who Rates Health Insurance Companies?

Output: Health insurance companies ' financial and future outlook ratings are done by rating agencies such as A.M. Best , Moody 's , etc. . Other helpful tools for consumers are consumer reports and customer reviews and experiences , and of course your agents ! Health insurance agents and brokers will know which insurance companies will work best for your program -LRB- not every carrier offers coverage in every area either -RRB- .


Input: Where Can I Get Life Insurance For My Mother?

Output: Getting insurance for your mother can rely on certain factors such as age , health , and kind of life insurance . Age factors are when the requirements will give you the limit as to when is the valid age of when the policy will be written most companies write policies until age 85 . This is a great advantage . Next is health which will rely on rates of the policy . Then whether you need term or whole life . Term is always best for someone over age 50 . I have lowest cost insurance and a choice of over a hundred cocompanies . I can get you any insurance needed . Contact me for more information and and consultation . Mark Taylor General Agent 347-650-9967


Input: Where Can I Get Life Insurance For My Mother?

Output: I regularly offer Life Insurance for parents . It is a great way to ensure that you receive an interest that is guaranteed . If your mom is in average health she probably can get life insurance at a fair price . If her health is poor , there is always guaranteed issue life insurance for smaller amounts.You should meet with an experience life insurance agent who can give you the facts to protect you and her . Love to talk with you . Gary Lane , Registered Representative and Agent , New York Life . 949 797 2424 . Thank you .


Input: Where Can I Get Life Insurance For My Mother?

Output: Any life insurance company can provide the insurance you would like to get on your mother providing she qualifies per what was already mentioned . What you need to know is your mother will have to sign the application . Depending on the type of policy , she may have to answer medical questions as well as give some blood and urine . Contact your agent to discuss the needs and the process that will have to be folowed .


Input: Where Can I Get Life Insurance For My Mother?

Output: Most of us who answer questions about life insurance on this website are highly qualified to provide you a life insurance policy for your mother . If you are looking for something to cover final expenses , you will want a permanent policy that will not go up in price for the rest of her life , or that you can pay off in a certain number of years . Getting term life insurance , or permanent coverage with rates that are not locked in , could cause the policy to be unaffordable just about the time she needs it .


Input: Does Homeowners Insurance Cover Loss Of Food?

Output: It may , yes , but talk to your Insurance Professional about the specific terms and conditions of your policy . Many Homeowners ' policies offer some limited coverage for lost food items in a freezer or refrigerator that is caused by a long term power outage . The outage , of course , must be caused by a covered peril like a storm for example . The loss would also be subject to your property deductible in many cases .


Input: Can You Switch Home Insurance?

Output: Great Question . It is normal to switch your home insurance if you can get a better rate and coverage from another insurance company . You must inform your mortgage if you have a mortgage on your property . Make sure your new policy will cover the important things to you in your home .


Input: Who Took Over Peoples Life Insurance?

Output: That 's a great question ! Peoples Life was purchased by Monumental Insurance Company . They are a subsidiary of Transamerica . The company is located in Cedar Rapids , Iowa and have been in business since 1858 . They are a good company , and one I use frequently . If you would like contact information , or details , please feel free to contact me , okay ? Thanks for asking !


Input: Who Took Over Peoples Life Insurance?

Output: Peoples Benefit Life Insurance Company -LRB- sometimes called People 's Life Insurance Company of Washington , DC -RRB- merged with Monumental Life Insurance Company on October 1 , 2007 . Monumental Life is licensed in 49 states -LRB- all except New York -RRB- and is also licensed in the Distric of Columbia . Monumental Life is part of the Transamerica Agency Network and the AEGON Insurance Group .


Input: Is It Illegal To Not Have Health Insurance In Alabama?

Output: That is a great question ! While technically it is not illegal to not have health insurance , the Affordable Care Act -LRB- Obamacare -RRB- does impose a penalty for not having it . The longer you go uninsured , the bigger the fine . The idea behind having insurance is to lower costs for everyone . When someone without insurance goes to the doctor , they get treated anyway . The doctor just adds that cost onto everyone else 's bill in the form of higher charges . Also , the more healthy people added to the insurance pool , the lower the costs for everyone . When only sick people buy insurance , the costs are much higher . I hope that helps , thanks for asking !


Input: Is It Illegal To Not Have Health Insurance In Alabama?

Output: No . Under the affordable care act , if you do not want to have health insurance , you can elect to pay a penalty -LRB- also known as an `` individual shared responsibility payment '' -RRB- . If you choose to pay the penalty instead of securing coverage , you will still be responsible for 100 % of your medical care . The penalty is calculated in one of two ways -LRB- you pay whichever is the higher amount -RRB- . In 2014 , the penalties will be calculated as : 1 -RRB- 1 % of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan . 2 -RRB- $ 95 per person for the year -LRB- If under age 18 , then $ 47.50 -RRB- featuring a maximum penalty per family of $ 285 under this method . The penalty calculations will change each year . In 2015 , method one increases to 2 % of your yearly household income and method two increases to $ 325 per person . In 2016 , it will increase again to 2.5 % for method one and $ 695 per person for method two . The penalty methods will be adjusted for inflation in later years . I hope the information is helpful - please feel free to contact me for help with your coverage or if you have any other questions . Thanks very much .


Input: Who Underwrites Annuities?

Output: Tax deferred annuities are mortality insurance products manufactured by annuity and/or life insurance companies . There are basically three crediting methods used in deferred annuities : interest rate crediting , indice crediting and separate sub account crediting .


Input: When Is Homeowners Insurance Deductible On Taxes?

Output: The only time that a homeowners premium would be deductible is if it was a business expense . If part of your home is used for business purposes and you declare that on your income tax , that portion covering that percentage of your home would also be deductible . Under some circumstances a homeowners policy might be purchased on a home that is let out to someone else . This would rarely be recommended but if it happened , the premium would be deductible as a business expense .


Input: How Much Do You Pay For Medigap?

Output: The amount you pay for Medigap can vary dramatically depending on your age , where you live , whether or not you smoke , and which plan you purchase . When available , a High Deductible Plan F can often be found for less than $ 30 per month ; Plan N often cost $ 50-80 a month ; while Plan F , the Cadillac of Medigap plans , is almost always over $ 100 per month , often starting at $ 120-150 a month when purchased at age 65 , though premiums can be much higher in some states , and for those on Medicare due to a disability .


Input: Is Long Term Disability Insurance A Good Idea?

Output: Long Term Disability Insurance is a good idea if your income is needed to maintain a decent quality of life for yourself or your family . Everyone suffers when there is a disability , and even Disability Insurance does not replace 100 % of the income lost , so there is always going to be some hardship involved with becoming disabled . But if your being off work for more than a few months would cause your home mortgage to go unpaid , or cause your spouse to have to go back to work , or something else that would divert your family from some basic goals , then having Disability Insurance might be a good idea for you .


Input: Is Long Term Disability Insurance A Good Idea?

Output: Long term disability insurance is the most undersold insurance product on the market . Statistically speaking over 50 % of hard working Americans are living pay check to paycheck . If any of them were to become sick or injured and could no longer work , it would bankrupt the family . Long term disability insures their most valuable asset , their ability to earn a living . The minimum waiting period to receive disability through Social Security is 9 months if everything goes well and often it does not . Long term disability is more than a good idea for working Americans it is a must .


Input: When To Use Long Term Care Insurance?

Output: Long term care is generally addressed by your adviser when you are apround age 50 . But many purchase long term care around age 60 . You want to purchase long term care when you 're healthy , especially if your family has a predisposition to disease or a history of nursing home confinement . When you can no longer perform a number of activities of daily living , you 'll more than likely will file a claim for assisted home living before entering into a nursing home facility . Long term care is a major part of retirement planning .


Input: When To Use Long Term Care Insurance?

Output: You use Long Term Care Insurance benefits if/when you experience the triggers that allow the countdown of the elimination period to begin , and finally , the benefit to be paid . The triggers will be the loss of the ability to do at least two ADL 's -LRB- activities of daily living -RRB- without personal assistance , and with the expectation that this condition will remain for at least 90 days . Another trigger than prompts usage of Long Term Care benefits is cognitive dysfunction that interferes with daily living .


Input: My License Was Suspended And Has Been Recently Restored. Will This Affect Being Added To My Company's Insurance?

Output: That is a great question ! And a hard one to answer , for a couple of reasons.The first would be is this a CDL license , one seperate from your regular driver 's license ? Were all driving priveleges suspended , or just CDL ? Some states require all driving priveleges be lost with that suspension , others just the CDL . If you lost one , but not the other , it may make a difference . Another would be the company that you were recently hired by 's insurer . They might be really sticky about that , or fairly understanding , based upon how they see the reason for the suspension . They may look at it like , `` he got a speeding ticket , and just did n't pay it until years later , and only because he wanted this job , he 's probably been driving on that suspended all this time '' and go from there , or they might look at only that it had been suspended , but everything was taken care of and it was reinstated , which is good enough . If they check with the other insurance , and see that you 've been paying for auto insurance and had a clean record , -LRB- which would lead one to assume that you had kept a regular drivers license unsuspended , or that you had moved from one State to another -RRB- you could hope that they would be lenient . I hope it works out in your favor . Thanks for asking !


Input: My License Was Suspended And Has Been Recently Restored. Will This Affect Being Added To My Company's Insurance?

Output: Your company group auto insurance plan is likely underwritten by a major company . It 's safe to assume that they will check your driving record for recent minor and major violations . Most importantly , they will verify that you are licensed in the state that you reside . The impact of your suspended license will depend on how stringent their guidelines are . They may say nothing and monitor your MVR report closely , or possibly take alternative action . NOTE : If you have -LRB- had -RRB- a commercial driver 's license -LRB- CDL -RRB- , laws and regulations are often different than a conventional state-issued license . Important : Answer was provided by Edward Harris , one of the leading independent brokers in the US with more than 35 years of experience . His award-winning website Carinsurancezoom.org provides consumers with the lowest auto insurance rates from top-rated companies .


Input: My License Was Suspended And Has Been Recently Restored. Will This Affect Being Added To My Company's Insurance?

Output: The short answer is probably . If you are driving a company vehicle then I would suggest that you contact your employer and advise them before they find out due to their rates increasing . You may be able to head off the problem before it happens .


Input: My License Was Suspended And Has Been Recently Restored. Will This Affect Being Added To My Company's Insurance?

Output: After we deal with the reason for the suspension not being citations and accidents , then we can look at the other possible complications . Today , computerized records and coding make the suspension a matter of record . Why were you suspended ? In many jurisdictions you can have your driving record suspended for failing to pay child support , or failing to pay a parking violation . The shortest answer is that the presence of a `` suspension '' on your MVR is an issue that can impact your insurability in the eyes of the employer and their insurance carrier . If the suspension can be clearly tied to a non-driving activity , you may be able to prevail with the employer and their insurance carrier and have the presence of the `` suspension '' overlooked . If your suspension is even remotely tied to driving activities , then this reflects on behavior and accountability and will have an impact on your employer and you as a driver on the company insurance coverage . Those impacts can range from a significant surcharge to being ineligible for coverage . The choice does n't belong to the company either . The carrier will need to be convinced your `` suspension '' is n't as relevant as it may otherwise appear . That is an uphill climb in most instances .


Input: Why Is It Important To Put Money Into A Retirement Plan?

Output: Its important to be self-reliant . Government programs can not fund the existing social programs and the future cut back discussed today will more than likely happen in the future . Paying money into your retirement is paying yourself first . The consistent contribution into your retirement will have the potential to compound over your working life and will determine your retirement lifestyle .


Input: What Happens If I Cancel My Health Insurance?

Output: First of all , you become uninsured and are at financial risk for any injuries or illnesses you may incur . If you are cancelling individual health insurance after April 1 , 2014 you will be unable to apply for new major medical insurance until the next open enrollment period for coverage effective January 1 , 2015 -LRB- absent of a change of life status event such as marriage or divorce for a couple of examples , getting sick is not a change of life status event under the law -RRB- . This is one of the aspects of the Affordable Care Act -LRB- ObamaCare -RRB- that many individuals are unaware of . In addition , for the period in 2014 that you are not coveredby amajor medical policy that meets the requirements of the ACA you will be subject to a prorated tax penalty of $ 95 or 1 % of your Modified Adjusted Gross Income -LRB- whichever is greater -RRB- when you do your 2014 taxes in 2015 . If you have found the cost of major medical coverage that is ACA compliant to be unsustainable -LRB- and many individuals are struggling with this issue -RRB- and coverage for pre-existing conditions is n't a concern and you are relatively healthy then you might want to consider a Short Term Medical policy as an alternative to provide you with protection at what may be considerably lower cost . You should consider the consequences before cancelling any existing individual health insurance policy you may have and explore your options with an experienced , competent health insurance broker . If you need assistance in this regard please feel free to contact me .


Input: What Happens If I Cancel My Health Insurance?

Output: Great question ! There would be a couple of immediate results . The first is that you would no longer have the benefit of insurance to help pay for costs should you become sick or injured . Those costs can be devastating to your financial stability . The second is that under the Affordable Care Act , there are penalties for not having insurance , that are leveled when you file your taxes for this year . The health insurance companies limit the ability to enroll in their programs , and many workplace plans will not drop you until the open enrollment period unless you meet specified conditions.Without knowing the reason that you are considering dropping your coverage , I would ask that you would have a plan in place before you actually do drop your coverage . If I can provide more information , please feel free to contact me . Thanks for asking !


Input: Is It Necessary To Have Long Term Care Insurance?

Output: The # 1 risk in retirement is human longevity . If we live longer , the odds increase that we will experience a need for assisted care at home and/or nursing home confinement . Most seniors are on a fixed income , so any long term care expenses incurred will more than likely jeopardize their lifestyle .


Input: What Is Ideal Auto Insurance Coverage?

Output: The ideal coverage will pay any claim you incur with a minimum of hassle and as little of your cash as possible . That means that the liability limits of the policy need to be as high as you can afford . If the car is less than eight years old it needs to have comprehensive and collision insurance with the lowest deductibles that you can afford . If rental car reimbursement and towing are available , get it . In all cases take out uninsured and underinsured motorist limits that match the limits that you carry for others .


Input: What Is Ideal Auto Insurance Coverage?

Output: Ideally carry the highest liability limits you can afford . This is your biggest protection point . Beyond that everything else is optional . If you auto has value that you can not replace out of pocket I recommend uninsured/under insured motorist , comprehensive , collision , medical , rental car reimbursement and towing . There are additional coverage 's still available if you have done modifications on your vehicle .


Input: What Is Permanent Life Insurance?

Output: Permanent life insurance is generally any policy that has a maturity date past your life expectancy . There are five permanent life insurance policies : participating whole life , guaranteed universal life , current assumption universal life , indexed universal life and variable universal life . Their general maturity dates can run from age 85 to age 121 .


Input: What Is Permanent Life Insurance?

Output: Video Transcript : What is permanent life insurance ? Permanent life insurance could be universal life , it could be whole life , it could be variable life . Any of those 3 are permanent forms . Depending upon how far out you want to go in the maturity date , some of these contracts go to age 100 , some even farther out . Even some guarantee permanent contracts , you can make it small enough in the timeline to actually terminate at age 85 . You want to make sure that if you 're using permanent insurance , you 're telling me that you have permanent financial indebtedness or future obligations that are not going to go away . That 's why we 're not looking at term , you 're looking at permanent forms of insurance to cover indebtedness , future obligation , charitable intent , and to replace a person 's income when they die .


Input: What Is Permanent Life Insurance?

Output: Permanent life insurance : 1 -RRB- does not expire and 2 -RRB- has a savings component along with a pure death benefit component . It offers the opportunity to use the cash value while still alive with tax favorable treatment . The cash value can also be used to keep the policy in force without paying further premiums .


Input: What Is Permanent Life Insurance?

Output: Permanent Life Insurance is either Whole Life or Universal Life . There are variations of those , including Indexed and Variable policies . The label `` permanent '' does not necessarily mean the policy will never end . It means that if you buy Whole or Universal life insurance , you have the option to set them up policies so that they can last forever -LRB- until death at any age -RRB- . The opposite of Permanent life insurance is Term life insurance . This is coverage that is set up for temporary coverage . It may have the option to be converted to Permanent insurance with no medical underwriting .


Input: Will Health Insurance Pay For A New Mattress?

Output: Health insurance is intended to pay for items that are medically necessary . No matter how much better a new mattress may be for any medical condition one may have , you would be hard pressed to find a physician that is going to prescribe a new bed and deem it medically necessary . And , even if you found a doctor to write such a prescription , you are going to have a very difficult time convincing an insurance company this was an true medical need , as opposed to something to help you sleep better . If you are covered by Medicare , and prescribe a hospital bed , that is covered under Medicare Part B as durable medical equipment , with you being responsible for buying 20 % of the Medicare-approved cost of a hosptial bed after your deductible has been met .


Input: What Does Health Insurance Cost In Illinois?

Output: There really is n't a clear cut answer to this . Currently , the rate will depend upon a multitude of factors including carrier , plan design , age , sex and health conditions . Once the marketplace hits , your rates will be determined by far less factors . I would encourage you to work through an insurance agent to assist you determining the right and most affordable plan option for you .


Input: What Does Health Insurance Cost In Illinois?

Output: Health insurance costs vary by several underwriting risk assessment variables . Very soon more information will be available regarding exchange programs under the Patient Protection and Affordable Care Act of 2010 -LRB- PPACA -RRB- which will help give additional insight into average costs , but still averages will be dependent on assumptions about type of coverage and age of the insured .


Input: What Does Health Insurance Cost In Illinois?

Output: The cost for plans will vary depending on various circumstances . Once thing to consider , the higher the deductible , the lower the premium . And vice versa , lower the deductible the higher the premium . If you choose a deductible only plan then your premiums would be less expensive than with a plan that has a copay to see a doctor for illness or injury . All the plans cover the following : Doctor visits Urgent care and emergency visits Hospital stays Surgeries Preventive and wellness services , like annual checkup Prescription drugs Maternity care Mental health and substance abuse treatment Contraceptive coverage It 's best to speak with a licensed advisor to find the plan that 's right for you .


Input: Where Can I Get The Cheapest Homeowners Insurance?

Output: The Cheapest Homeowners Insurance is a summary of a complicated process . Insurance carriers either hire actuaries or contract with an actuarial firm to review statistics , assess risk and therefore assign a premium charge to risk . This complicated process translates to premium charged for home insurance . As a result of the above , carriers may have a lower -LRB- cheaper -RRB- premium in one area or in one size class of homes but then a higher premium in another ! An insurance professional that understands the complete process should be able to explain exactly how this cumbersome but necessary process works . In addition , insurance carriers all use a slightly different process in calculating the Replacement Value of Construction on each home , this calculation is the Dwelling Coverage assessed to rebuild the home in the event of a covered total loss . You may find cases where the ` cheapest ' -LRB- price per thousand -RRB- insurance company may use a higher reconstruction value thereby complicating your process of finding the cheapest insurance premium . If one is determined to find the cheapest insurance , it would be recommended to obtain quotes from several companies and comparethe details . After answering all the characteristics related questions and other underwriting questions , there will be one further and critical issue after issuance of the policy : each company will send an independent inspector to take photos , take measurements and report any obvious hazards to the underwriter . The inspection process is a necessary step paid for by the insurance company ; it is a final check to assure that the risk has not been misrepresented in any way thus causing the carrier to take on adverse risk . Some carriers request only a drive by/exterior inspection and some carriers request a full inspection which will require making an appointment with the homeowner . If following the inspection , there are any unacceptable underwriting hazards that were found , the underwriter will send out an advisory notice and if necessary a cancellation notice which may or may not include the possibility for corrective action . On another point , if the inspector finds that the home is customized , some carriers require inspectors to produce an updatedreconstruction cost estimator which will accordingly increase the dwelling coverage amount on the original policy thus raising the original premium . In summary , a homeowner should speak to an insurance professional , openly explain each and every concern and allow the professional to explain the process specific to the risk . There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: How Do State Health Insurance Exchanges Work?

Output: A health insurance exchange is a government-run marketplace where people can buy health insurance plans . One of the big questions everyone asks is whats the difference between buying a health plan on the exchange and off the exchange ? The key difference is the subsidies . You can only get a subsidy if youre buying your coverage on an exchange they can not be used towards plans purchased off the exchange . An advantage of buying a plan off the exchange is you will generally have more choices available for you to choose from . The same plan that is offered on the exchange and off the exchange may have some differences as well . Plans that are on the exchange may have more regulations , therefore requiring they feature additional benefits directly through the plan as opposed to needing a separate stand alone policy to provide the supplemental benefit -LRB- e.g. vision care , dental care , etc. -RRB- off the exchange plans may not be subject to the same standards . Off the exchange plans must still meet the requirements of the Affordable Care Act -LRB- including offering the 10 essential health benefits -RRB- . Its important to remember than not every plan that is offered off the exchanges will be available on the exchanges . Carriers reserve the right not to offer coverage on the exchanges . Thus , some states may have numerous plan selections for consumers where others may have limited choices . Also , not every type of health insurance plan is available on the exchanges short term policies and large group policies are not offered on exchanges at this time . There 's a lot of moving parts to health insurance and given the issues that have occurred with the new healthcare system rollout , it 's highly recommended you work with an experienced health insurance broker to make sure everything is in good order for your program . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: How Do State Health Insurance Exchanges Work?

Output: State Health Insurance Exchanges offer affordable healthcare to consumers . During Open Enrollment , you can apply for many types of coverage without answering medical questions . Your acceptance is virtually guaranteed and a federal subsidy could potentially pay all of your premium . Yes , the process is confusing which is why an experienced broker -LRB- at least 25 years in the business -RRB- will be a great help . I hope this helps . My answer is original and does not appear on any other website . Live answer provided by : Ed Harris - Premier health insurance broker for 33 years and owner of several of the nation 's top-rated websites that offer the lowest rates .


Input: Is My Retirement Plan An IRA?

Output: An individual retirement account -LRB- IRA -RRB- is a defined contribution plan for individuals . If your deducting the contributions , you may own an IRA . In an IRA , you account accumulates tax deferred and when you take distributions , the income is taxed at ordinary income tax rates at the onwers effective tax bracket .


Input: Can You Get Life Insurance With Ulcerative Colitis?

Output: That is a great question , and I am glad that you asked ! I believe a great number of people are just like you - they have some issues with their health , and it causes them to think that insurance would either then be denied , or unaffordable . The truth is that there are affordable plans and coverage amounts out there , and a good agent can find one to fit you.Ina case like yours , having an agent to do the footwork for you is definitely a good thing ! If you 'd like more information , please visit my profile , and contact me through the link . I 'd be happy to tell you more .


Input: Can You Get Life Insurance With Ulcerative Colitis?

Output: Yes , you can get life insurance with ulcerative colitis . Each carrier may respond very differently to this condition - they each have their own underwriting guidelines -LRB- e.g. company A offers a better risk class than company B , therefore lower premiums from company A -RRB- . The risk class a carrier will approve for your program will depend on the details of the medical history including how long you 've had the condition , the severity , ulcer history , and other factors . This type of condition can result in a substandard rate class -LRB- table-rated program -RRB- with many carriers so you will want to work with an independent life insurance broker who can shop the case for you . Keep in mind , applying to multiple carriers at once can be a red flag and work against you . One of the most common parts of the underwriting process is an MIB check -LRB- the Medical Information Bureau -RRB- . For example , if the MIB check shows you 've applied to 10 different companies and you 've gotten declined several times or been rated with a high table-rating , the carriers will obviously express concerns .


Input: Can Convicted Felons Get Medicare?

Output: Convicted felons may be able to get Medicare if they are not fleeing from the government and have waited through a waiting period of 5 to 15 years -LRB- the requirement varies from state to state and is based upon the severity of the crime -RRB- . Of course , they must meet age and work guidelines .


Input: Is Long Term Care Insurance Pre-Tax?

Output: Part or all of Long Term Care Insurance premiums may be paid pre-tax if paid through an HSA -LRB- Health Savings Account -RRB- or Medicare medical savings account . The Long Term Care policy must be a qualified plan , and there is a limit based on age that determines how much can be paid from the HSA .


Input: How To Change Life Insurance Ownership?

Output: To change life insurance ownership , you can contact the customer service department of the company through which your policy was purchased , and ask for a change of ownership form to be mailed , faxed , or emailed to you . You must sign the form and return it to authorize the change . Your agent who sold you the policy may assist you , if you ask them .


Input: When Is The Best Time To Purchase Life Insurance?

Output: The best time to buy life insurance is : 1 -RRB- when you qualify for it , and 2 -RRB- when you need it . Prices can be incredibly lower if you purchase life insurance while healthy , and also at a younger age . While young , it is hard to imagine being struck by illness , but I get requests nearly every day from people who experienced an unexpected health condition in the prime of life . In my opinion , you can never go wrong locking in a premium for a long period of time while you are young and healthy . But what if you did not take advantage of that window of time , or were born with a health condition ? You can still purchase a policy to fit your need . It may not be as much as you want , but you can get what you can afford . The other part to `` need '' is to add life insurance when you have a life event such as the birth of a child or purchase of a home or business . Policies such as indexed universal life can even be purchased to prepare for retirement . Again , thinking ahead is the key . When the need becomes a panic situation , chances are that you would have done better purchasing life insurance earlier .


Input: How Much Can I Contribute To A Retirement Plan?

Output: There are many qualified retirement plans that allow substantial tax deductible contributions and some of allow additional catch up contributions for those 50 and older . You first need to determine which plans are available for your situation . As an example : in 2013 the contribution limit for a 401 -LRB- k -RRB- is $ 17,500 and for those ages 50 and older an additional $ 5,500 is allowed under the catch up provision . In contrast a SEP retirement plan allows contributions up to 25 % of compensation , or $ 51,000 for 2013 and generally tied to annual cost - of - living adjustment for later years .


Input: How Much Can I Contribute To A Retirement Plan?

Output: In Canada , your total contribution room to a Registered Retirement Savings Plan -LRB- RRSP -RRB- and Registered Pension Plan -LRB- RPP -RRB- is $ 24,70 in 2014 . This amount could be higher depending on unused amounts from previous years . What is best for you depends on your situation . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: Does Homeowners Insurance Cover Furniture?

Output: Homeowners insurance covers your furniture in the household for the perils of the policy . There is a line item called coverage `` C '' for your personal property and there you would see the amount of coverage . Generally personal property is calculated at a percentage of your dwelling . So if your house burns down and your contents are destroyed your coverage `` C '' would cover your furniture . Talk to your local agent as there are certain items that will have limitations .


Input: Can I Get Disability Insurance With MS?

Output: Getting Disability Insurance with MS is extremely difficult . Graded policies claim to cover those with Multiple Sclerosis , but the requirements are so restrictive that almost no one can get it . If you have very mild MS and no exacerbations in years , it is worth a try ! Living Benefit Life Insurance policies are one method of getting benefits that you have the option to use during your life , and this type of policy is not as difficult to qualify for as Disability Insurance , when you have MS. If unable to do two more more ADL 's , it can be accessed for cash to pay bills and use as you wish . However , the Disability Income portion of Living Benefit policies is usually a rider for which you need to qualify , making that feature harder to get . Again , I 'd consider it a delightful challenge to help you get whatever is out there for you to get .


Input: Can I Get Disability Insurance With MS?

Output: Unfortunately , it is nearly impossible to get an individual Disability Insurance policy while having MS. While there is at least one graded Disability income insurance policy available to those with multiple sclerosis , the criteria for getting it is so stringent that is extremely difficult to satisfy the requirements for qualification .


Input: Is Group Disability Insurance Tax Deductible?

Output: Individual Disability Insurance premiums are not tax deductible , and if benefits from the policy are received due to disability , the replacement of income offered by the individual policy are not taxed . With Group Disability Insurance , whether it is tax deductible depends on how your employer did or did not pay for it , and how it is set up . You will need to contact your employer and tax consultant to get the answer to that question for your particular situation .


Input: How Does Life Insurance Help You?

Output: While there are some life insurance policies that you can borrow against , life insurance is n't for you . Life insurance is for those you leave behind . Life insurance is to make sure that your family can continue living after your death . Life insurance is to ensure that your children can maintain their fond memories of you , and allow them to continue living the life that you created for them . Even if you are single , someone will be affected by your death . Someone will have to pay for a funeral , your final expenses , and fulfill your final wishes . Life insurance has nothing to do with you , it 's about those around you .


Input: How Does Life Insurance Help You?

Output: Typically , life insurance is of benefit to your loved ones . Many buy life insurance to make sure their loved ones are financially able to do the things they would have done if you were still around . That being said , many modern properly structured permanent life insurance products do have some benefits you can use while alive . These include access to cash and additional money if you ca n't to two of the six activities of daily life -LRB- typically how the need for long-term care is defined -RRB- to help cover some of the costs of in-home care , assisted living costs or nursing home costs . While not all inclusive of a list it is a good basis for your consideration . Hope this helps .


Input: How Does Life Insurance Help You?

Output: Life insurance can help in you in a number of ways . First and foremost , it can protect your loved ones from financial peril in case of death . It can help them pay the mortgage , car payments , credit card payments , student loans , etc. . Second , if you have an IUL or Whole Life policy , it can build cash value that can help you pay for major expenses down the road , like children 's college education , a dream vacation , etc. . Third , there are relatively new policies out there that offer living benefits , meaning that if you were to get a qualifying critical illness , terminal illness , disability , etc , you can accelerate a portion of your death benefit to help pay for some of the costs associated with those illnesses or accidents .


Input: How Does Life Insurance Help You?

Output: How does life insurance help you ? Great question ! Besides the obvious answer given by most agents of `` It gives your family the resources they need to take care of things AFTER you pass away ... '' there are some even better and less morbid answers . -LRB- sorry about killing you just now , I promise not to do it again -RRB- Life Insurance is one of the best kept secrets -LRB- do you trust Washington & Wall Street ? - us either -RRB- when it comes to retirement planning . Here at Safe Money Solutions LLC we help families create TAX FREE INCOME that they can never outlive using a specially designed life insurance policy . While we do earn less money in commissions creating these policies , we sleep easy knowing we have given individuals and families the peace of mind that they will have income they can count on in retirement . PLUS the best news is your money IS NOT in the market !!! learn more at WEBSITELINK


Input: How Does Life Insurance Help You?

Output: Life insurance empowers you . We all know that the policy pays out when you die . Therefore , in order to buy it , you have to face the fact that this event will some day take place . Guaranteed . Thats a scary thought , and most people dont like to think it . They prefer to think about other fun stuff . When it comes to financial products , they want to put as much money as possible into their pocket . Not somebody elses . And yet that is what you are doing when you buy life insurance : thinking about somebody elses financial welfare . So you not only look your own mortality right in the face and accept it , but you rise above it and take care of somebody else . Someone you love , and care for , and for whom you want nothing but the best . Life insurance helps you be altruistic and benevolent to the highest degree . And you know what ? That is a great way to be .


Input: How To Know If A Car Has Insurance?

Output: If you are asking how do you know if someone else car has auto insurance then other then asking the owner of the vehicle for their proof of insurance you will not know . If you are involved in an accident and are unable to obtain the insurance information from the owner the next best thing to do is get the license plate number and vin number . This way you can report this information to your own insurance company . Your provider can then attempt to track down the owner of the vehicle in question .


Input: Why Is Permanent Life Insurance Bad?

Output: Permanent life insurance is NOT bad ! There are a number of different types of `` permanent '' life insurance and some are better than others depending on your goals and needs . What is bad is when sales people misrepresent the policy they are selling ! Permanent insurance includes Whole Life , Universal Life , and the variations of Universal such as Indexed , variable and variable indexed . Variable basically means that it 's tied to the stock market . Indexed basically means that it 's tied to a particular `` index '' such as the S&P 500 . Whole Life is the only one with Guaranteed Premiums , Cash Value growth and Death Benefit with no downside risk .


Input: Why Is Permanent Life Insurance Bad?

Output: Permanent Life Insurance is not bad . There are some who look at life insurance as an investment and compared to investments permanent insurance will not have the gains an investment may have . Permanent Life Insurance has been used to help protect large estate , provide final expenses , and insure business continuation . Life Insurance is not an investment it was never meant to be an investment . Permanent life insurance is designed for long term need and provides a safe secure way to provide protection when it is needed most .


Input: What Is Genworth Life Insurance?

Output: Genworth Financial , Inc. is a Fortune 500with more than $ 100 billion in assets , domiciled out of Richmond Virginia and has a worldwide presence in 25 countries . Its first policy was written 1871 , under The Life Insurance Company of Virginia . Genworth is a major manufacture of life insurance , annuities and long term care insurance .


Input: What Is Genworth Life Insurance?

Output: Genworth life insurance is simply life insurance sold by Genworth Financial Inc. . Genworth carries a number of life insurance products -LRB- including Term Life , Universal Life and Indexed Universal Life -RRB- and other products -LRB- including Long Term Care Insurance , Annuities and Mortgage Insurance -RRB- . To obtain a Genworth Life Insurance quote visit one of the free quote engines on the internet .


Input: How Much Are Medicare Supplement Plans?

Output: The cost of Medicare Supplement -LRB- Medigap -RRB- plans varies , depending on where you live , your age , and the type of Supplement that you choose . Your health conditions could impact pricing unless it is during an Open Enrollment period . Typically , premiums will be approximately $ 90 - $ 250 per month , which is a big range . An experienced broker can quickly shop the best carriers for you and compare the best options and benefits based on your needs and help you easily apply for coverage .


Input: How Does Bank Owned Life Insurance Work?

Output: Bank Owned Life Insurance or BOLI is a process where a bank purchases life insurance on a key employee -LRB- executive or director -RRB- , usually several of them . In return for allowing the purchase of life insurance on their lives , the bank will traditionally offer some sort of additional compensatory benefit to the employee known as non-qualified deferred compensation . This can come in several different forms from an extra life insurance protection to additional retirement income benefits provided the employee stays with the company for a certain period of time . The bank then can include cash values from the life insurance policy on its balance sheet . There is one important note regarding this . Due to banking regulation , banks are only allowed to recognize 50 % of cash values in an insurance company 's general account on their balance sheet . As a result , several companies have specialized BOLI products that use separate accounts -LRB- typically found with variable life insurance products -RRB- so the bank can recognize 100 % of the cash surrender value on their balance sheet .


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

Output: In the state of Michigan most insurance companies depending on what the ticket is for will not charge you extra for one point with it being just one point most of the insurance companies will disregard the one point . What you need to do is make sure you call a independent agent they write for more then one company Call A-1 Insurance 734-525-2345


Input: How To Buy Small Business Health Insurance?

Output: Health insurance for small businesses works very differently from individual coverage - there are many moving parts involved with putting together a group health insurance plan . There are different types of programs available for group coverage and each business may have a different tolerance for what they 're willing to take on in terms of price or what they 're willing to offer to their employees . Group health insurance quotes are based on the size of your business , the industrys SIC code , age of employees , and average employee health -LRB- except in Maryland , which requires no medical underwriting -RRB- . There 's really no way to say what group coverage costs without going through that input first to create the quotes . There are no instant online quotes for group health insurance for these reasons . To get a quote for group coverage , you will need to consult with an experienced health insurance broker . We can shop for quotes from multiple companies for you and create a benefit structure that best serves the needs and budgets of your business and your employees . I hope the information is helpful - please feel free to contact me for help -LRB- we can help you get your company 's group health insurance set up -RRB- and if you have any other questions . Thanks very much .


Input: When Can You Borrow From A Whole Life Insurance Policy?

Output: You can borrow from your whole life policy as long as it has cash value . This is often called surrender value . The amount is listed in your policy . If you have taken previous loans , you might need to contact the company or the agent to determine the amount that you can borrow . There is no waiting period or any other requirement except your desire to borrow the funds . Contact the company for specific instructions .


Input: When Can You Borrow From A Whole Life Insurance Policy?

Output: Talk to your Insurance Professional about the specific terms and conditions of your policy , of course . However , generally speaking , once a `` Whole Life '' or other type of permanent Life Insurance policy has insice cash value accumulated , you may be able to access that cash . Be careful , though , because some policies may offer a loan provision whereas others may require a ful or partial surrended of the policy . In the later case , you would receive the cash but risk loosing the coverage you purchased . Be sure to ask your Insurance Professional about any possible tax ramifications that may be triggered as well . Finally , understand that if it is a loan , it is expected to be paid back . There would likely be a small interest rate involved in addition to the principal borrowed . Should you die while the loan is outstanding , it may very well be that the total amount owed -LRB- principal and accrued interest -RRB- may be deducted from the death benefit you intended for your beneficiary .


Input: Is Annuity Considered Earned Income?

Output: If you are applying for Social Security , Supplemental Security Income -LRB- SSI -RRB- , or Social Security Disability Income -LRB- SSDI -RRB- , annuities are not considered earned income . You report annuity payments under the unearned income section of IRS form 1040 . That does not mean that your annuity may not be partially or fully taxed .


Input: Who Is Required To Provide Health Insurance Under Obamacare?

Output: Technically no person or employer is required to provide health insurance under ObamaCare . In other words it is not a criminal offense you could be jailed for . ObamaCare uses a mixture of tax penalties , tax credits and subsidies to strongly motivate individuals and employers to provide health insurance either for themselves or , if you are an employer , for your employees . Small businesses with 2 to 49 employees are subject to no tax penalties for not providing health insurance for their employees . Depending upon the average income level of their workforce there is even a tax credit available to incentivize small employers to provide health insurance . In practical terms only a small percentage of small businesses have taken advantage of this credit . However , small businesses are also the first businesses to have theirhealth insuranceplans directly impacted by the requirements of ObamaCare for what is deemed an acceptable benefit plan design -LRB- deductible levels , services covered , removal of pre-existing condition exclusions , etc. -RRB- and this is leading to substantial rate increases for many small businesses or deterring somesmall businesses who were considering beginning to offer health insurance to their employees from doing so . Beginning in 2015 employers with 100 + full time employees will be subject to a tax penalty of $ 2000 per employee if they offer no health insurance to their employees or a tax penalty of $ 3000 per employee who enrolls in the government marketplace and receives a tax subsidy due to the employer 's coverage being deemed unaffordable by the law 's standards . While these tax penalties appearmeaningful at first glance , they are really substantially less than it costs most large employers to provide health insurance currently to their employees . As such , it is debatable as to how much of an incentive the law will really be for large employers who do not currently provide health insurance to their employees to do so in the future and perversely it will be cheaper for most large employers to pay the tax penalty than to pay for health insurance for their employees . In 2016 the penalties and requirements I described above will be applied to employers in the 50 to 99 employee group size segment .


Input: Who Is Required To Provide Health Insurance Under Obamacare?

Output: Great question ! The affordable Care Act -LRB- Obamacare - and it still amazes me the poll numbers that show people do n't realize they are the same thing -RRB- mandates that any employer who has 50 or more employees has to offer a plan that providesaffordable health insurance . The penalties for not doing so are n't that great , so there will most likely be some employers who will opt to pay the penalty in favor of the expense of providing coverage . I would expect a trend towards an employer plan that creates an incentive for the employee to purchase off the exchange , and relieve the employer of that cost , transferring their risk to the employee , and increasing greatly the companies profit . Thanks for asking !


Input: Who Is Required To Provide Health Insurance Under Obamacare?

Output: Providing health insurance under Obamacare -LRB- Affordable Care Act -RRB- is required for larger businesses -LRB- 100 employees + -RRB- . However , by not complying , the penalty imposed may be less than paying for the actual healthcare of the employees . And it is entirely possible that by not providing coverage , an employee will pay a lower rate -LRB- with the help of subsidies -RRB- and improve job stability since their employer may be more competitive in the Marketplace .


Input: Who Is Required To Provide Health Insurance Under Obamacare?

Output: No one is required to offer health insurance , but employers are strongly encouraged to offer it as a way of attracting people to come work for them . Depending on how many employees there are for a given company , the employer may be subject to employer shared responsibility payments -LRB- in short , a penalty -RRB- if they do n't offer group coverage and meet enrollment requirements . Employers also often offer group health insurance because they can get certain tax deductions and tax credits for doing so and enrolling employees .


Input: What Is The Medicare Approved Amount For Eyeglasses?

Output: Routine eye exams and eyeglasses are generally not a covered item under Medicare . If you have had cataract surgery , speciall corrective lenses are usually a covered medical expense with your Medicare plan . If you contact an approved Medicare supplier , they can tell you how much Medicare will pay towards the cost of eyewear . Go to Medicare.gov and search for `` Supplier Directory ''


Input: What Is The Medicare Approved Amount For Eyeglasses?

Output: Unfortunately , Medicare does not pay for eyeglasses . The only situation in which eyeglasses are covered by Medicare is when cataract surgery is done . Then it will pay for one standard pair of glasses following surgery . To find out what amount is allowed for that expenditure you can ask your Medicare provided or call 1-800-MEDICARE .


Input: What's Wrong With Fixed Index Annuities?

Output: All product lines have their appropriate position in a saver 's or investor 's portfolio . Non - qualified fixed indexed annuities are for conservative savers with high tax brackets with a mid to long term financial goal of income later in life . Product suitability is important for any product purchase and fixed indexed annuities , as in the above example , can fit that profile .


Input: What Is The Best Medicare Plan In California?

Output: California has a lot of good Medicare plans , and there is surely one that is `` best '' for you . Medicare insurance rates vary greatly by age , tobacco use , zip code and plan design . The older you are the higher your Medicare supplement rate will be . The exception is for those who are under age 65 and on disability and Medicare . In most states rates for under age 65 are astronomical . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Online sites offering instant Medicare plan rates can be helpful but if you want the lowest rates you need to talk to an independent Medicare agent .


Input: How Expensive Are Annuities?

Output: There are varying expense loads in tax deferred annuities depending on the crediting method and mortality charges . Tax deferred annuities have three crediting methods , one of which is separate sub accounts . those have addition costs similar to other funds . But fixed interest rate annuities are generally pay more than banks with similar early exit charges .


Input: Will Obamacare Eliminate Medicare Advantage?

Output: While no one can read the future I highly doubt it . There may be some changes in the plans but Medicare Advantage is too popular to be allowed to go away completely . I think you will see some of the smaller plans go away or get purchased by the big companies like United Healtcare or Aetna but I would n't worry about them going away completely .


Input: How Much Is Mcdonalds Health Insurance?

Output: You may already understand this but for our readers who may not , when we think about McDonald 's or some similar organization , we are really thinking about two distinct & separate entities that we put together in our minds . There is the big corporate McDonalds , which does n't really sell hamburgers , they sell franchises to sell hamburgers . Then there is your local McDonald 's restaurant , which is usually a locally or regionally owned franchise . Corporate McDonalds is a major corporation and provides the kinds of employee benefits one would expect in a Fortune 500 environment . That is totally separate and distinct from your local franchise owner who may own just a few McDonalds locations and is a small business person . This is the public face you see but associate with the corporate marketing imprint from decades of market presence and lots of advertising . Benefit decisions are an individual franchise owner 's issue not so much for the corporate McDonalds -LRB- though they do provide some guidance and access -RRB- to be involved with . This is a question you need to ask at the local employer level . Employee benefits in the fast food industry are the exception rather than the rule for reasons such as the income levels of the employees , lots of part-time employees , high turnover and relatively slim profit margins for many franchise owners , especially in the early years of their businesses .


Input: What Are Health Insurance Brokers?

Output: Health insurance brokers are the smartest , kindest , coolest , nicest people in the world . OK ... maybe I am embellishing just a bit . An experienced health insurance broker -LRB- yes , I am one of them -RRB- can typically help you fund the lowest available rates for your healthcare . There is no charge -LRB- ever -RRB- when you use them and you are likely to save money , time and frustration by utilizing our services . With all of the recent changes in the US healthcare system , including the availability of federal tax subsidies , you always want to work with an experienced broker and their health insurance website . The cost is free and you 'll be able to easily find and compare your best options .


Input: What Are Health Insurance Brokers?

Output: I find Mr. Harris ' statement about broker 's personally traits 100 % accurate , although somehow I think that he forgot to mention how interesting we are . Aside from that I just have an addition to help clarify the role of insurance brokers . Insurance brokers are contracted and represent most if not all insurance companies actively participating in the insurance market that the broker works in . On the other hand agents primarily represent one company and are limited to offering that companies insurance products . Because of the differing dynamics the agent is generally trained to be a salesman . The broker is generally a consultant who analysis , consults and advises with a far greater degree of due diligence . .


Input: Which States Have Temporary Disability Insurance?

Output: The states that provide for temporary Disability Insurance are Rhode Island , California , New Jersey , New York , and Hawaii , as well as Puerto Rico . In all these states , the amount paid is 60 % of wages and the reason for the disability must be non-work related . Benefits are paid up to 30 weeks in all states except California , where they can be received up to 52 weeks .


Input: Can Annuities Be Gifted?

Output: In general terms , annuities are personal property . Personal property is under the control of the annuity policy owner . There are gifting laws both annual under the proper use of the unified credit . So deferred annuities can be gifted to another or non profit organization . Some annuity owners change their beneficiaries to extend or stretch the benefit for income scenarios in lieu of gifting .


Input: What Info Is Needed For A Homeowners Insurance Quote?

Output: You 'll need to know the year built , square footage , type of construction , type of roof , type of foundation , approximate replacement cost , any claims on the property -LRB- whether yours or not -RRB- years of updates to the Roof , HVAC , plumbing , electrical , That should get you a preliminary quote . Do n't forget that rebuilding the structure might cost more than the market value in these uncertain times in real estate .


Input: Where To Get The Best Health Insurance?

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: What Is A Retirement Plan Fiduciary?

Output: Employee Retirement Income Security Act -LRB- ERISA -RRB- of 1974 requires employer sponsored plans to accept fiduciary responsibilities for compliance under 404c and the newest regulation for fee disclosure , 408 -LRB- b -RRB- -LRB- 2 -RRB- . ERISA requires employers to design a written plan , a trust fund to hold the assets , an accounting system for the retirement plan and written notifications and updates to plan participants .


Input: What Is A Retirement Plan Fiduciary?

Output: A fiduciary is someone responsible for money that belongs to someone else . A pension plan fiduciary is responsible for the money that is being set aside to pay benefits in the future . The pension plan itself specifies the scope of the fiduciarys responsibility . Fiduciaries are often bonded .


Input: Does Renters Insurance Cover Animal Attacks?

Output: If you have renters insurance and your nice dog bite someone then you can call your insurance company and file a claim if the other person contact you regarding medical bills . Dog bite is very common in home and renters insurance claims . You have to remember if this happens again the insurance compay may send you a non renewal based on the exposure . Good Luck


Input: Does Renters Insurance Cover Animal Attacks?

Output: If your asking does renters insurance cover your dog biting or attacking someone the answer would be yes unless there is a dog exclusion on your policy . Also there are certain dogs an insurance company will not take if you own when you started the policy . If you did not disclose your breed of dog this could be seen as misrepresentation and the claim may not be paid .


Input: Does Renters Insurance Cover Animal Attacks?

Output: It depends on the company , but generally yes . However , most companies will have a list of dogs commonly called `` vicious animal / dog '' clause that either wo n't provide liability coverage or excludes coverage for people with that type of animal . A lot of types a person that has a dog like that you wo n't be able to get coverage , but it really depends . The best thing to do would to call your agent and have them explain exactly what the policy covers .


Input: Which Annuities Are Best?

Output: Tax deferred annuities have basically three crediting method options : interest rates , indexed and separate sub accounts . Selecting the appropriate crediting method depends on the financial goals , risk tolerance and projected timeline the annuity is to beheld by the prospective purchaser . Additional selection criteria may also include the ratings and balance sheet of the insurance company .


Input: Which Annuities Are Best?

Output: The best annuity is the one that meets your needs . If your needs are centered on tax issues there are annuities designed to deal with those issues . If your need is to direct investments in a tax deferred environment there are annuities that can help in that area . If your need is to provide a lifetime income for yourself and perhaps a spouse , there are annuities that take care of that . A trusted insurance agent is the person that can best guide you in this process .


Input: Does Homeowners Insurance Cover Vacant House?

Output: Great question ! Unfortunately , not a great answer . Because of the great risk for damage , theft or infestations , most insurers will not insure a vacant home . If you leave your home vacant for even as little as 30 days , many companies will cancel your coverage , or deny any claims that arise from that period where the home was vacant . -LRB- I learned that the hard way . -RRB- Your best bet is to see if you can find a company that will write a `` vacant home '' policy , but beware , they are hard to find , and very expensive , or hire a house sitter to occupy your home while you are gone . If you need more information , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Is The Definition Of A Single Premium Immediate Annuity?

Output: A single premium immediate annuity is the basic form of annuities . It exchanges a single deposit for an income stream that is guaranteed for life . Every annuity is a modification of this idea . It is most often used to provide the required stream of income for people in retirement . There are many options to the basic plan and your individual requirements can usually be met by one of the options .


Input: What Is The Definition Of A Single Premium Immediate Annuity?

Output: There are two type of annuities , immediate and deferred . With a single premium immediate annuity you exchange a lump sum of money -LRB- the premium -RRB- for a guaranteed income stream . The income could be for a guaranteed number of years or for the lifetime of the annuitant . 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: Does Homeowners Insurance Cover Sump Pumps?

Output: Not unless they are damaged by a covered peril . At that point they would be consider part of your personal property . Sump pumps breaking down due to age or wear and tear would not becovered Homeowners is not designed as amaintenancepolicy . Covered perils would be things like fire , theft , collapse and other similar occurrences .


Input: Is Asbestos Removal Covered By Homeowners Insurance?

Output: A Homeowners Insurance policy provides coverage for losses caused by perils either named in the policy or , conversely , not excluded by the policy . Asbestos removal , like taking down a damaged or diseased tree is considered property maintenance and this is not a covered peril in a Homeowners ' Policy . Therefore , the cost of maintenance actions such as these and others , though prudent , are not covered .


Input: How Does Smoking Affect Life Insurance Rates?

Output: Smokers are considered a health risk and unfortunately will always pay a higher premium . The serious health conditions that are associated with smoking means smokers have a shorter life expectancy . If one is a smoker the best course of action would be to seek some type of smoking cessation program . One small word of advice ; if your option is the electronic cigarette this will show up in the para-meds as nicotine usage . In some cases it will afford you a lower premium however your rating class with most insurance companies will be listed as smoker .


Input: How Does Smoking Affect Life Insurance Rates?

Output: Smoking generally increase rates for a healthy person to about three times of what they would be for nonsmoker of similar health . If a smoker quits smoking and then applies for life insurance , the rate usually starts out as standard nonsmoker after one year of quitting . Then the rates gradually getting better with each year , until an average of 5 years out , when the rates are the same as they would have been if the person never smoked .


Input: How Does Smoking Affect Life Insurance Rates?

Output: People who smoke cigarettes have a shorter life expectancy . The shorter the life expectancy is , the higher the rates are , which translates to higher premiums . There are a couple of life insurance companies that are more benevolent for those who have recently quit smoking . The life insurance market for smokers is significant , so shopping around for the best deal can save you plenty . We can help with that .


Input: When Can I Change Medigap Insurance?

Output: You can apply for a new Medigap plan at any point during the year . People often change their Medigap plans for a number of reasons , the most common being : You want to reduce your expenses by securing a lower premium from a policy with the same benefits -LRB- purchasing a Plan F with company B and dropping the existing Plan F with company A -RRB- . - this is the most common reason why people change their Medigap plans . Medigap plans are standardized so the coverage under a plan F is the same regardless of the company it 's through . So often people want to look at lowering their premiums when their policy gets hit with a rate increase . You may not need/want all of the benefits you 're paying for or you need/want more benefits than you have under your existing plan . Please note , if you do not have a guaranteed-issue right to purchase a Medigap plan without any medical underwriting , you would have to answer the health questions on the application . Medigap plans are guaranteed renewable . So in the event you could not medically qualify for coverage under a new Medigap plan , you always have the option of keeping what you have . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage and if you have any other questions . Thanks very much .


Input: When Can I Change Medigap Insurance?

Output: If you have a Medicare Supplement , such as Part F orPart N , etc. , they can be changed anytime ... as there is no open enrollment period for Medicare Supplements ! However , there is open enrollment for Part D Drug Coverage as well as Medicare Advantage Plans . Open enrollment is 10/15/13 - 12/7/13 .


Input: Why Is Blood Drawn For Life Insurance?

Output: Life insurance is a mortality product priced on the actuarial assumptions of life expectancy . Testing several blood indicators can establish a baseline of underwriting debits or credits that are calculated in determining an offer . A Blood panel is created to with basic norms in the blood analysis report that the proposed insured can obtain upon request .