Input: Does Life Insurance Pay In The Event Of An Overdose?

Output: If your death was caused by an overdose of illegal drugs it will definitely pay the death claim if the policy was over 2-years old . If the policy was less than 2-years old , it will be contestible and the insurance company will determine if the overdose was accidental or considered sucide . If it was sucide , they will not pay the claim on a policy that was in force less than 24-months .


Input: Does Life Insurance Pay In The Event Of An Overdose?

Output: Depending on the state you live in the contestability portion of a life policy may be one to two years . After this period of time , unless otherwise stated within the policy exceptions , a policy will pay the benefit to the persons named as beneficiaires within the policy . Prior to the stated contestability period end , an overdose would be investigated for intentional or accidental . If found to be intentional within that contestability period , premiums paid would usually be refunded , but no claim paid .


Input: Why Are Home Insurance Premiums So High?

Output: I am not sure where you live , but that can certainly be one of many factors when companies are pricing their Homeowners ' products . Keep in mind that premiums reflect risk . I 'll give you an example . For companies who are still offering Homeowners Insurance here in CT , it is likely that if your home is located down in areas that are closer to Long Island Sound , you will pay more than you would if you were located in the Litchfield hills . Why ? Because of the increased risk caused by potential windstorms and Hurricanes toward the coast vs inland . There are a number of factors , I have illustrated just one . Talk to your Insurance Professional about your policy and what discount options you might be able to enjoy that can help to manage costs for you .


Input: Why Are Home Insurance Premiums So High?

Output: That is a great question ! Insurance premiums are set based on a couple of things : The companies need to cover costs and make a profit ; The amount of coverage and risk involved in insuring you ; and the statistical risk of a claim and costs to rebuild in your area . It is really advisable to find an independent agent -LRB- one not tied to one brand name -RRB- , or to shop around to find the one that works best for you . If you would like some tips on how you can lower your premium amounts , please contact me , I 'll happily share them with you . Thanks for asking !


Input: How Do I Apply For State Disability Insurance?

Output: To find out where to apply for State Disability Insurance , visit the website for your state 's government offices -LRB- e.g. ca.gov -RRB- . There you will be directed to how to apply online . You will also find the phone number for your state government offices , or an address that you can write or office you can visit to apply .


Input: How Long Does A Life Insurance Physical Take?

Output: It takes around one hour . They come to you . They will ask you some general questions about your health . Then they will check your blood pressure and your height and weight . They will take a blood sample and a urine sample . Once they have done the physical it usually takes another month or longer to get an offer from the life insurance company .


Input: How Long Does A Life Insurance Physical Take?

Output: It 's going to depend on your age and the face amount applied for . In most situations 30-45 minutes actually depending on your health . To speed up the process a person should have their doctor 's name , address and phone number handy along with the dates and what you were seen for . If you are taking any medications it is also good to have a list of medications , dosage and frequency available . For older applicants some carriers ask for a resting ECG to be done . With large face amount applications , the insured may be asked to go to a doctors office for a full exam . NOTE : The cost for these exams are paid by the insurance carrier , the applicant pays nothing . Also , the examination company is a independent 3rd party and does not represent the insurance company . They are just there to gather information and pass it onto the lab and insurance carrier . They do not speak for the insurance company and ca n't really tell you what is good or bad during your exam , as good or bad actually may be different between carriers .


Input: How To Claim Life Insurance Death Benefits?

Output: To claim life insurance death benefits , first call the life insurance company 's customer service department for each policy . They will get your current address or email address and get the claim forms to you . Order enough certified death certificates to attach to each policy 's claim form . When you receive both items , fill out the claim form exactly as instructed and mail to the life insurance company with the death certificate . They will mail your benefits to you within a few days to a few months . If you want , you can contact your life insurance agent and have him/her do this for you . At that time , you may also want to discuss whether to collect the death benefit as a lump sum or in regular payments . The insurance company can also help you make that decision .


Input: Is It Cheaper To Buy My Own Health Insurance?

Output: There may be some exceptions . Carriers generally charge the same rate whether you use an agent to purchase your insurance or buy direct . The agent sales model has evolved over time and commission rates have been reduced as more people use the online model . But at this time there is not a cost savings to buying direct . The same holds true for Life Insurance . Using an agent provides you with advice and makes shopping multiple companies easier .


Input: Does Medicare Need A Referral?

Output: Do I need a referral to a specialist if I have Medicare ? The answer is , it depends . If you have a Medicare Advantage plan , including an employer group Medicare plan , in most cases you will need a referral by your primary care provider before you can see a specialist . Original Medicare allows you to see any provider without a referral .


Input: Can Banks Sell Annuities?

Output: There are many financial product distributors , institutional as well as individual . Those licensed to sell annuities in the states where they advertise may offer them to the public . Banks can and do offer annuities .


Input: Will My Health Insurance Cover Me Out Of State?

Output: Your health insurance will typically cover you out of state . More than likely , your Network has providers in additional states . In the event of an emergency , usually your insurer will provide benefits no matter where you are in the US . Of course , it 's best to check with your broker or the insurer .


Input: Will My Health Insurance Cover Me Out Of State?

Output: Please forgive any grammar or punctuation mistakes as I am using talk to text on my phone . So much has changed since this question was asked . More than ever before comma it is vital , understand I 'm emphasizing vital Kama that you understand how your network actually works . In my home state for the first time in 2016 we had Network types other than a PPO available . One called an EPO and the other a POS . Other than true emergencies there is no coverage outside of the network service area with many , if not all , of these types of Networks . The definition of emergency is very Grey . What you may think is an emergency may not be viewed as such by the insurance carrier . Depending on what 's available in your state I would suggest buying a PPO or HMO if at all possible . Although the deductible and out-of-pocket maximum typically doubles when you go out of network with these type of plans , it 's much better than being stuck with 100 % of the bill . If your agents is not specifically , and accurately comma scrubbing the doctors and hospitals that you wish to access during the buying process - fire that agent !! Access . Access . Access . Do n't you want to buy something that is worth the money you pay every month ? Please understand your network . Please pay a little extra for a network that includes as many doctors and hospitals as possible . A network that possibly has Nationwide access to the Top Doctors and hospitals . If you have any questions , please reach out . - gravy


Input: Does My Home Insurance Cover My Fence?

Output: A fence is consider an other structure and is covered by a homeowners policy but the question would be by what loss . If the fence blew down in a wind storm or destroyed by fire or was even a result ofvandalismyou would have coverage minus your deductible . However if the fend is just old , wore out and falling over this would not be a covered peril of your policy . Also keep in mind , fences are often shared so your insurance would be responsible for half the fence and your neighbor the other half .


Input: Does My Home Insurance Cover My Fence?

Output: In most cases . If the damage was caused by a covered peril then the damage to the fence should be covered . Please read over your policy completely to know what coverage is provided and what exclusions there may be or contact your local agent to have them go over the policy with you .


Input: Does My Home Insurance Cover My Fence?

Output: The homeowners insurance policy is based on a formula . A certain amount of coverage -LRB- a percentage of the residence coverage -RRB- is the limit for fences and other structures that are not a part of the house . These include the fence , driveways , sidewalks and other fixtures and building materials located on your home site that are intended for construction purpose on your home . On your policy you can find the limit of coverage for these items under coverage B .


Input: Does Geico Sell Life Insurance?

Output: Geico does not sell life insurance originated within their own company . If you attempt to get a life insurance quote from Geico 's website it will take you to another agency . Geico says on their website that life insurance policies are written through non affiliated companies and secured through Geico Insurance Agency , Inc. .


Input: Does Geico Sell Life Insurance?

Output: Video Transcript : Today 's question is , Does Geico have life insurance ? Most of you know that Geico is a property casualty insurance company , and of course they have the gecko as their advertising mascot . They outsource all their life insurance applications off their web to an outside vendor , so they do n't really manufacture term life insurance nor do the manufacture permanent life insurance . So when you 're looking for life insurance and you 're one of their actual policy holders in property casualty , a lot of times you 'll stay within that agency and you 'll go ahead and purchase other insurances like life insurance . If you 're looking for life insurance , you may want to also look online at different brokerage houses to see if their price tags are any better than what Geico is offering .


Input: Does Geico Sell Life Insurance?

Output: Geico is known for their auto insurance and is a good company . Even though most auto insurance companies will sell you a life insurance policy , it may not be a good strategy to limit your search to them or any one brand . Getting rates for life insurance is easy . You should use a quoter like the one at www.halfquote.com to pull up rates for dozens of companies side by side . Make the companies compete for your business and you will get more coverage for your premium dollar .


Input: Does Geico Sell Life Insurance?

Output: Geico secures life insurance for its customers from non-affiliated life insurance companies . So Geico does not have its own life insurance product to sell , but if you go to their website , they will direct you to another website where you can obtain life insurance quotes from other life insurance companies .


Input: How Much Does Car Insurance Cost For An 18 Year Old?

Output: Insurance premiums can be as unique as the insured . The premium for your auto insurance coverage is based on many factors , age is just one of them . Type of coverage -LRB- liability only or full coverage -RRB- and deductible levels will also play an important roll in your auto insurance rate . Base on my limited experience within my geographic area the premium for an eighteen year old could be under one hundred dollars per month for 100/300/100 coverage liability only .


Input: What Are Fixed And Variable Annuities?

Output: I 'm going to keep this simple and generic as we can spend a lot of time reviewing this question . First , what is an annuity ? An annuity is simply a contract between you and an insurance company where they offer market like gains or guaranteed gains like in a CD over a length of time , usually anywhere from 3 to 15 years . A fixed annuity simply means the money is not invested in the market although growth may be tied to gains but you will not get 100 % of gain but you also will not see the losses either due to the downside guarantees . A variable annuity invests money in the market with all the risks associated to market investing . There usually are death benefit guarantees where if you die before taking money out , the initial amount of premium is returned to your heirs . Please contact a registered representative to get more details and a prospectus .


Input: What Are Fixed And Variable Annuities?

Output: A non-qualified , tax deferred fixed rate annuity is only as guaranteed as the contract provisions outline and is only as good as the annuity insurance company that issued the contract . That being said , many financial stable annuity insurance companies offer a non-qualified tax deferred fixed rate annuities , generally at 5 , 7 and 10 year periods . A non-qualified , tax deferred variable annuity is separate sub accounts which use equity and bond instruments in variable annuities . Because these accounts are market driven you can lose money . Currently the variable annuity feature of the income rider is attractive for investors with an established risk tolerance . There are many competitive variable annuity contracts available . ;


Input: What Does CMFG Initials Stand For?

Output: That is an excellent question , and one that took some work to find for you ! The initials CMFG stand for CUNA Mutual Financial Group , according to the very nice operator I spoke with . CMFG is the parent company of CUNA , which is the parent company of Globe Life , where your policy was written . Globe will still pay you out when your claim is filed , but your monthly check is going to the parent company 's bank account . While things normally will roll downhill , apparently their premium payments roll uphill first ! I hope that sets your mind at ease , they seem like a solid company , and if they are all as good as that operator was , you 're in good hands . Have an awesome day , and thank you for asking !


Input: What Does CMFG Initials Stand For?

Output: As far as I know , CMFG is not a short abbreviation for a full name . They are the parent to CUNA Mutual Group so it could very well stand for that , however , their website does not appear to describe it this way . I hope the information is helpful - please feel free to contact me with any other insurance-related questions . Thanks very much .


Input: What Does CMFG Initials Stand For?

Output: The initials CMFG apparently do not have a meaning that has been made publicly known . They use the marketing name CUNA Mutual Group , which is a company that sells insurance products through credit unions . If you have a policy with the title , `` TruStage '' , it was most likely purchased through a credit union and may show the charge from CMFG .


Input: Is Monumental Life Insurance A Good Company?

Output: Monumental Life Insurance Company joined with Life Investors Financial Group , Inc , to form Transamerica Agency Network , Inc , in 2011 . Monumental Life Insurance Company was founded in 1858 . The Aegon USA Group , of which Monumental Life is now a part , was rated A + by AM Best recently . To compare Monumental Life insurance quotes from those from other companies , visit a website with that offers instant quotes .


Input: What Does Car Insurance Group 4 Mean?

Output: Car insurance Group four probably refers to a classification of vehicles in the United Kingdom . For example , Class 1 would be thecheapestto insure , Class 2 would be the next cheapest etc. . . Naturally a class 20 would tend to be very expensive vehicles to insure . Here in the US , cars are ratedundera different system by each insurer .


Input: What Does Car Insurance Group 4 Mean?

Output: Here in the United States , it means nothing . This is a UK term . In the UK vehicles are classified into groups and are classified accordingly . Vehicles used to be divided into 20 groups . But since 2007 , that has been expanded to 50 . The smaller group numbers generally pay a lower premium than higher group numbers .


Input: How Much Does Health Insurance Cost Per Year?

Output: It varies from person to person . Your age , where you live , if you use tobacco products , which plan you choose -LRB- e.g. metal level -RRB- , and if you qualify for a subsidy to reduce your premium will determine how much a good policy is going to cost . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . All of the plans offer good coverage . A silver or gold plan are your middle of the road type of plans because they provide strong coverage at an affordable price . I always recommend consulting with an experienced health insurance broker before you apply for anything . We can help you determine the plan that 's going to be most suitable for your needs and budget . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: How Much Does Health Insurance Cost Per Year?

Output: Health insurance rates are based on many factors , such as which state you reside in , your age , your health , your smoking status and of course , your age . Typically , the younger you are , the lower your premium . There are also many different types of health insurance , including catastrophic , comprehensive , short-term and student options . Naturally , the type of policy you choose will greatly impact the premium that you pay . In 2014 -LRB- Open Enrollment starts in October -RRB- , you will not have to answer medical questions when you apply , and you may be eligible for a federal tax subsidy that reduces your rate ... perhaps substantially . Policies -LRB- Platinum , Gold , Silver and Bronze -RRB- will be purchased through Exchanges -LRB- Marketplaces -RRB- in your state . An experienced health insurance broker can give you expert and unbiased guidance and simplify the process for you . Assisting with plan selection is another important advantage of using a broker 's help .


Input: How Much Does Health Insurance Cost Per Year?

Output: Health insurance premiums vary considerably from plan to plan and individual to individual . Your age , zip code , plan design , tobacco use , height and weight and general health will be factored in determining your final rate and total annual cost . Obamacare will change a lot of this in 2014 when rates are expected to rise considerably . In some situations , individual major medical plan premiums will double or more .


Input: How Much Is Renters Insurance Per Month In Georgia?

Output: Give me a call if we can assist you . Price is not usually the issue with several of our Carriers They are competitively priced but because of several years of storms we have a availability squeeze right now . If you have roof leas then 10 years of you can readily get insurance . If not , then higher deductible are the norm or using an Actual cash value endorsement on your roof . I have just quoted an individual for a 700.000 house the premiums ran about 3000 . So pricing in matching exposure fairly well . Another recent home was placed at 565,000 at about $ 1300 . It depends some on the value and what ancillary coverages you choose like Dwelling Extension coverage , water sewer back up , home warranty , etc. . We are available 8 AM to 8 PM EST in GA. call 1866-633-4372 and on Saturdays the phone is forwarded to my cell or if you prefer visit our website at www.insurancebrowser.com and fill in a form your self with option 2 .


Input: What Should Auto Insurance Cost?

Output: The average cost in the US has been around $ 850 for the past several year . My data could be a bit off and old , but in the last several years competition for auto business has kept pricing static . Here is the basic issue question : I do n't know who you are in a demographic sense , but also in the sense of needing coverage to protect yourself . . Auto Insurance is regulated by the various 50 states and can a bit different in what coverages are required to be offered.But here is what typically comprises and auto policy : Bodily Injury Liability -LRB- protection for the people you kill or injure -RRB- Property Damage -LRB- for the car you hit or the 18 wheeler you force off the road unintentionally -RRB- Medical Payments for the little issue that happens in your car that you do n't want to have to file suit against some one to be indemnified -LRB- i.e. your passenger catching their finger in the closing of a door -RRB- Collision for damage to your own car in a wreck or hitting a curb or a pot hole etc. . ComprehensiveCoverage : for theft , flood , hail , falling trees , broken windshields etc And last , but probably the most important coverage on your policy , Uninsured and Under-insured Motorist Coverage So , despite all the ads to the contrary you ought to take more than 15 minutes to figure , with the help of an agent , what exposures you have . The worst scenarios have nothing to do with fixing your cars , it is about fixing peoples lives and keeping you assets . So to answer your question I would need to know what do you have to lose , if you cause injury to someone else , because what you do not pay for in insurance you will pay for on your own including future garnishment of your income . A fairly decent rule of thumb to consider things by would be to look at your lifestyle . If you already own your own home -LRB- including with a mortgage -RRB- you need a minimum of 100/300/100 spit limits of Bodily Injury Coverage -LRB- that protects the people you hit -RRB- and you should carry the same to protect yourself , your family and passengers in your car with the same limit of 100/300/100 for Uninsured and under insured motorist coverage . If you do not understand how all of these pieces of the coverage fit together then you should really seek out an Independent agent who sells for multiple companies and can tailor the policy to your needs If you live in AZ , CA , TX , GA , or MO I would be glad to assist you -LRB- call 1-866-933-4372 -RRB- -LRB- open 8 AM to 8 PM Est Monday through Friday -RRB- . If you live elsewhere seek out an Independent Agent in your area Good luck to you and I hope this answer helps some Jack Heller , CPCU


Input: Does Home Insurance Cover Fallen Trees?

Output: If you are asking if homeowners insurance covers a tree falling on your home . The answer is more than likely yes if the tree falling was caused by a covered peril . Bear in mind that their are exclusion within every policy . If you are asking about damage to the tree itself . Once again if the tree falling is because of a covered peril there may be some coverage for the tree itself . As always read over your policy completely or give your local agent a call and discuss your questions or concern to ensure that you understand your coverages .


Input: Does Home Insurance Cover Fallen Trees?

Output: Damage to your own or neighbors home resulting from a fallen tree most likely will be covered by homeowners -LRB- HO -RRB- policy . If this is your tree that has damaged your neighbors house or property , your should have personal liability coverage within your HO policy . Claims coming from fallen trees that as a result of fire , wind , lighting , hail are usually covered by an HO policy . The landscaping itself may be covered under Coverage C on your HO policy or under Tenants Betterments and Improvements coverage on your Business Personal Property coverage . There are certain exclusion to each insurance policy . Bad soil , over watering or insects are usually excluded from coverage . You can talk to your agent or call your company 's claims department and ask them specific questions about the fallen trees coverage .


Input: When Does Universal Life Insurance Make Sense?

Output: Yes Universal life makes since in many aspects . It gives you freedom in your payment where you are in control of your premium amounts and many carriers that I use have even additional bonus points which translate in even more accumulation of cash on Various products . Universal insurance makes since in many ways usually better cash accumulation on your money and still takes care of your insurance needs as well . You are welcome to contact me for a Free consultation about Great Universal Products . `` An Agency that truly cares ''


Input: When Does Universal Life Insurance Make Sense?

Output: Guaranteed no lapse Universal Life makes sense when someone wants a policy that will stay in effect for life at the lowest possible price . This type of policy has very little cash value and is a good way to get permanent coverage at a reasonable price . At the other extreme , Indexed Universal Life and Variable Universal Life can generate a lot of cash value . So IUL and VUL make sense in for providing retirement income . All Universal Life makes sense when someone wants one policy that can be adjusted for the different stages and needs of one 's entire life .


Input: What Does HSA Stand For In Health Insurance?

Output: HSA stands for `` Health Savings Account '' . There are specific plans you can purchase that are designated as Health Savings Accounts . With these plans , you open a separate savings account and you 're able to put pre-tax dollars into that account and spend those pre-tax dollars on qualifying non-covered medical expenses . You can use these funds for spouse or dependents even if they 're not covered by the plan . There are rules regarding how much you can contribute , when , what happens if you withdraw the money for non-medical expenses , etc. . But if you 're looking for additional ways to save taxes , this would be worth looking into .


Input: How Much Does Health Insurance Typically Cost?

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


Input: What Does A Health Insurance Policy Number Look Like?

Output: The way a policy number is cited is going to vary from carrier to carrier - it features a series of letters and/or numbers . It 's commonly seen about 6-8 digits in length , but can be longer if the carrier chooses to do so . Your policy will generally cite the policy number somewhere on the first couple of pages - you can also find it on your ID card .


Input: What Does A Health Insurance Policy Number Look Like?

Output: That 's a very interesting question . It can actually look like a lot of things . Perhaps some numbers followed by some letters . Or some letters followed by numbers . Or a mixture of both . If you need help with identifying a policy number , an experienced broker or reputable national major medical health insurance website can assist you .


Input: What Does A Health Insurance Policy Number Look Like?

Output: Health insurance policy numbers vary from one health insurance carrier to another . Some policy numbers will just be a string of digits like 8476932 with maybe a -01 , -02 , etc. , to designate the person is a spouse or dependent child under the policy . Other policy numbers can be a mixture a letters and numbers like A12345 . Your policy number will be shown on your policy certificate and on your ID card and is usually shown as Policy # ... .


Input: What Does A Health Insurance Policy Number Look Like?

Output: Great question ! The number generally will have a mix of letters and numbers . That is not always true , however , it depends upon your company . If you are trying to find it , it should be clearly identified on your policy . It generally will be found on the first few pages of the policy itself . If you can not find it , call your agent , they can provide it for you , after some verification that it is your policy . Thanks for asking !


Input: What Is A Non Qualified Immediate Annuity?

Output: is a non qualified immediate annuity ? Well , an immediate annuity is an annuity that is a payout rather than an accumulation choice . You are making a single payment of funds and will then receive a lifetime regular payout . You can not outlive an immediate annuity . The non qualified part of the name is not a factor as you are not accumulating at this point .


Input: What Is A Non Qualified Immediate Annuity?

Output: When you are looking at starting an annuity there are two types of money that can be used . There is qualified , money that you have n't paid taxes on like a 401k that was funded with pre-tax dollars . When you start taking distributions from an annuity funded with qualified money , you will have to pay takes on the principal and the interest that was earned . With non-qualified money , money that you already paid taxes on like money from a saving or checking account , when you start taking distribution you will only pay taxed on the interest that was earned . Now there are also two different types of annuities deferred and immediate . A deferred means that there is a waited period before you can start taking distributions or immediate meaning that once that annuity is in affect you can immediately start taking distributions . So a non qualified immediate annuity means that the money being used to fund it has already been taxed and once the annuity is approved you can immediately start taking an income . When looking at annuities make sure that you shop around with a broker that represent multiple annuities . You may want to look at some that offer an income bonus and or a life time income .


Input: How Long Can Children Be On Parents Health Insurance?

Output: Children can be on their parents ' health insurance plans until they are 26 years old . However , it may be more cost effective at a certain point before then to have them go on their own individual plan or group plan through their employer if they are employed . You should consult with an experienced health insurance broker regarding your family 's insurance plan benefits and costs to determine the if there is a more suitable program for your family 's specific needs . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: How Long Can Children Be On Parents Health Insurance?

Output: That is a great question ! The Affordable Care Act -LRB- Obamacare -RRB- extended the length of time your kids can be covered to the age of 26 . It was extended to help cover college kids who may otherwise not have been able to afford care . If your child is working , and their employer offers health insurance coverage , they may be obligated to sign up for that coverage , and be dropped from yours . Check with your agent , and see if that is the case for you . Thanks for asking !


Input: How Is AD&D Different From Life Insurance?

Output: An Accidental Death and Dismemberment policy is a life insurance product . It can come in two different forms . There are term and permanent life insurance policies that offer AD&D as a rider to the life insurance to increase the face amount proceeds in case of accidental death . The dismemberment pays on a schedule depending on the limbs effected . There are also AD&D standalone policies that only cover an accidental death or dismemberment . The plus side of these polices usually require little or no underwriting which gives ill people an opportunity to have some life insurance coverage were as they may not qualify for any other type of life insurance . They are also very affordable premiums . The downside is the odds of dying accidental versus dying from an illness are very very high . This is why they are easy and cheap , because the odds are in the life insurance companies favor not to pay a claim .


Input: How Is AD&D Different From Life Insurance?

Output: Accidental death and dismemberment is conditional coverage . In other words in order to pay out , things have to happen a certain way . First , death from natural causes do not cause payout . Second , death from an accident has to occur within a certain time window . A person injured in a car accident holds on for 91 days before passing . Unfortunately , the policy died the day before as it had a 90 window for payment occur . The reason AD&D is inexpensive to purchase is the probability of payout is low . Regular life insurance pay upon death by accident or natural causes .


Input: How Is AD&D Different From Life Insurance?

Output: Well , actually , they are both life insurance . Accidental death and dismemberment coverage will pay only when the cause of death is by accident . -LRB- The dismemberment clause means that money is payable if a certain number of limbs are disabled . -RRB- What you and I typically call life insurance is a policy that will pay a benefit whether the cause of death is accident or illness . Wouldnt it make sense that people buy life insurance and not AD&D ? After all , nobody knows how theyre going to die . True , but AD&D has a role to play . Sometimes , people are unfortunately not insurable for typical life insurance . They simply have too many serious uncontrolled medical conditions . So they should buy accident-only coverage . I mean , car accidents , plane crashes , falls off roofs , etc. can happen to anybody . But here things get tricky . What happens if somebody has a heart attack while their plane is tragically falling from the sky ? Dilemmas such as these are why medical examiners and forensic specialists earn their pay .


Input: When Does Medicare Pay For Ambulance?

Output: Medicare Part B pays for ambulance use when needed for an emergency , when used to transport the Medicare patient to a hospital or skilled nursing facility for necessary care , and when traveling another way would be dangerous to the health of the patient . Medicare will pay for non emergency ambulance use in some cases if ordered by the doctor .


Input: How Can Life Insurance Be Used As An Investment?

Output: can life insurance be used as an investment ? Yes , it can . Life insurance has been used as an investment for hundreds of years . While there are some who try very hard to tell you why it 's not an investment , they always seem to never get around to talking about RISK and how there are different levels of risk with different types of investment . Usually , when beating up life insurance , a equity is used with a hypothetical 12 % return on the equity . They never talk about Risk and what role it plays in an investment . Choice A pays 5 % return steady over time , chugs along never goes backward , even in a down marketand has a .001 % chance of failure . Choice B can pay 30 % return in any given year or lose 30 % in any given year . It can go backwards , it can double extremely fast and it has a much higher potential for failure . Which should you own ? How about Both ? One is a safety net which allows you to accept more risk with another choice which can reward you for your efforts . However if it fails to live up to it 's potential , the other safer route keeps you from losing everything . So yes , life insurance can be used as an investment , should it be your only choice ? no , not really , no more than straight equities should be either . Hope this makes sense .


Input: How Much Does Small Group Health Insurance Cost?

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: How Much Does Small Group Health Insurance Cost?

Output: There are still too many variables to provide you a definitive answer . The state or states your workforce is located in , the size of your small business -LRB- less than 50 or greater than 50 employees ? -RRB- , the ages of your employees/spouses/dependent children to be covered , the number of dependent children to be covered , perhaps tobacco usage , plus factors such as health plan design all vary from group to group but are critical features defining fully insured health insurance rates in ObamaCare compliant plan designs . Speaking in very generic terms based upon marketplace quoting as of July 2014 , I would estimate unit cost ranges for small group plans -LRB- 2 to 49 employees -RRB- on a composite rated basis to generally fall within the following ranges : Employee Only : $ 250 to $ 425 Median : $ 325 Spousal Unit : $ 280 to $ 500 Median : $ 395 Per Child Unit -LRB- 3 max -RRB- $ 85 to $ 175Median : $ 120 -LRB- Note : dependent children age 21 to 26 charged separate young adult rate -RRB- This is based onno exhaustive analysis , just from what I have seen and gathered from my peers here in the mid-south . If someone were to give me the vague `` what would health insurance costs be for my small business '' questionto dosome business cost projections these would be reasonable ranges to expect to work within and approximate average costs per covered unit to experience at this time .


Input: Does Esurance Offer Life Insurance?

Output: Esurance is an Allstate company . The Esurance website says the following at the bottom of the page for other life insurance products , where it addresses life insurance : `` Life insurance is offered through unaffiliated partners of Esurance . Esurance does not underwrite , provide customer service , or process or pay claims on these products . ''


Input: Where Is Car Insurance Most Expensive?

Output: there are several sources who track this each year . and because most of them use their own set of criteria for evaluating these rates , the results are over the place ! And year to year , the rankings jump around as much as college basketball polls . but overall , the most expensive state is usually listed as Michigan or Louisiana . The difference between the two usually being whether or not they count Michigan 's state mandated MCCA fee -LRB- $ 186 per year , per vehicle -RRB- as part of the auto insurance premium or not .


Input: How Does Auto Insurance Work In An Accident?

Output: It can depend on your State . If you are in a no fault State , each company takes care of its own insured . In most other States it works this way : Insurance first follows the driver and then the car . If I lend my car to my friend and he is in an at fault accident , his insurance pays first . My insurance is secondary . When you lend your car make sure the driver has insurance . Otherwise your insurance will pay for his accident but it will go against you and you could get a big rate increase or be canceled at renewal . If YOU are in an accident , always exchange insurance information , regardless of the severity . If there is any damage then you need to file an accident report with the police . If you are at fault your insurance company will pay for any liability or property damage to the other vehicle . Your insurance will help pay medical expenses for anyone in your vehicle under the Medical Pay portion up to your Medical Pay limit , usually between $ 1000 and $ 10,000 depending on your policy . Your Collision coverage would cover your vehicle . The reverse is true if the other driver is at fault .


Input: How Does Auto Insurance Work In An Accident?

Output: My state , Florida , is a no-fault state . This means that each car is required to have a minimum amount of coverage . At the time of this writing , that is 10,000 per person / 20,000 per accident -LRB- this is medical coverage for you - and family if that option is chosen -RRB- and 10,000 property damage -LRB- this is for the other person 's car -RRB- . There are lots of additional coverage that may be added to this minimum coverage ... for example additional liability for people and for property , rental car and towing coverage . Regardless of fault , the first responding policy is your own , regardless of fault . At the time of the claim , the parts of the policy that are applicable will be utilized by the adjuster to pay the claim . If the value of the personal injury portion of the claim exceeds the minimums and if the at fault party has additional liability on their auto policy , then the at fault parties insurance would be responsible for additional payment . If the at fault person does not have additional liability and if you purchased uninsured motorist coverage on your policy , then your policy pays the additional personal injury .


Input: How Much Is State Farm Life Insurance?

Output: The price of life insurance from State Farm will depend on the product you are purchasing , your age , gender , and health status . State Farm may also offer discounts on any home or auto coverage that you have with them if you choose to purchase life insurance from them . This discount will be taken off your home or auto insurance and not off your life insurance policy .


Input: Why Is Renters Insurance Cheap?

Output: Part of the reason is that the carrier is only providing coverage for your personal property not the building . If the carrier was to have to provide coverage for the physical building also then they would incur a much larger risk of loss . The landlord or owner of the property is typically responsible for securing coverage for the premise which does not provide coverage for tenant 's personal property .


Input: Is There A Time Limit To Claim Life Insurance?

Output: There is no time limit to claim life insurance , that I am aware of . Sometimes policies are not located until listed as missing property by the state , and the insurance company is still obligated to pay the beneficiary the life insurance proceeds as part of the contractual agreement of the policy .


Input: Can A Grandchild Be Added To Health Insurance?

Output: The PPACA or Obamacare as it 's know , allows children to remain on their parents medical insurance until age 26 . There is no provision in the health care legislation to accommodate grandchildren , a major oversight of it 's designers . But if grandparents are the legal guardians of their grandchildren , it is possible that a join them on a policy .


Input: Does Your Homeowners Insurance Go Up With A Trampoline?

Output: Many companies refuse to write a homeowners policy on a home with a trampoline . Despite the safety devices that are often used , the trampoline has a record of claims that make it unacceptable to many companies . If you are already covered and purchase a trampoline there will probably not be any change until the company discovers the trampoline . You will probably be notified of either a cancellation or notified that the company will not renew coverage . In either event contact your agent .


Input: When Can I Start Collecting Medicare?

Output: You will receive Medicare automatically when you reach age 65 as long as you have paid into the sytem long enough . You can also receive Medicare if you are on Social Security Disability . Shortly before you reach 65 you should receive your Medicare Card and some information from Medicare . Do not opt out of Part B unless you are still covered under a group . You also need to pick up a prescription drug plan .


Input: When Can I Start Collecting Medicare?

Output: You do n't collect Medicare -LRB- like you do Social Security -RRB- but you can enroll at age 65 . Most will qualify for Part A at no out of pocket premium , but you will be required to pay the Part B premuim unless you qualify under low income guidelines for seniors with enough credits in the Social Security system .


Input: What Are The Best Homeowners Insurance Companies?

Output: The best insurance company is the one that has issued a policy to you and pays your claim when it arises . The best agent is the one who set your coverage limits to be adequate for your needs . That agent also passed correct information to the insurance company and you . The best agent and the best company provide fast and accurate service any time you require a change to your policy . The name of the agent and the name of the company are probably available from your friends . Get referrals , your neighbors often know best .


Input: Can Life Insurance Be Used As Collateral?

Output: Yes life insurance can be used as collateral and the way in which is used as collateral varies depending on intent . Some lenders require life insurance death benefit to back a loan balance , this is common for small business loans . In other cases , one can also pledge the cash surrender values in a life insurance policy as collateral to a loan . Many banks , thrifts , credit unions , and trust companies have written procedures on their requirements for pledging life insurance as collateral . Mostly that the company be an AM Best A or better rated carrier and that the loan to value ratio never exceed a certain percentage .


Input: Can Life Insurance Be Used As Collateral?

Output: Yes , life insurance can be used as collateral . The Small Business Administration -LRB- SBA -RRB- often requires that their loan applicants purchase life insurance as collateral for their loans . This is generally done by assigning the value of the life insurance policy to the agency who is accepting it as collateral for the loan .


Input: What Are Average Auto Insurance Rates?

Output: According to the National Association of Insurance Commissioners -LRB- NAIC -RRB- the national average annual auto insurance premiums is around $ 795 . Unfortunately this statistic does not disclose any assumptions or methodology so we do not know what coverage amounts were used to determine averages . This was most likely data taken from in force policies .


Input: How Do Deferred Annuities Grow?

Output: Deferred annuities cash accumulation grow tax free until the funds are disbursed . This `` tax shelter '' may be attractive to those in a high income tax bracket especially if they anticipate lower tax rates when they retire . Annuity payouts are subject to regular income tax rates as ordinary income . There are no capital gains taxes on disbursement .


Input: How Do Deferred Annuities Grow?

Output: A deferred annuity is a contract that accumulates money from two sources . The first source is additional contributions to the annuity . The second source is interest -LRB- except in a variable deferred annuity . -RRB- All of the growth inside a deferred annuity remains untaxed until the money is withdrawn . When the money is withdrawn there are three things to remember , there can be a penalty for early withdrawal , there can be an income tax surcharge for drawing the money out too soon , and then the gain in the contract is most likely going to be taxed as ordinary income .


Input: Can Employers Charge Smokers More For Health Insurance?

Output: Yes . Application of a premium surcharge for tobacco users has become more common in recent years , primarily in larger groups who self-fund their employee benefits plans as the employer has much more control of the benefit plan design and rate structure than they do with fully insured plans . The Affordable Care Act -LRB- ACA -RRB- , while doing away with pre-existing condition exclusions , does explicitly allow for the adjustment of rates for tobacco use . So , in that sense , tobacco users are the class of employees it is legal to discriminate or penalize for their personal behavior . The ACA is silent on the consumption of Marijuana which may present some interesting situations as more states move to allow the use of medical Marijuana or to legalize its recreational use .


Input: Can Employers Charge Smokers More For Health Insurance?

Output: That is a great question ! If you smoke , be prepared to pay higher premiums . The insurance companies are all about risk , and those that assess the risks that smoking has upon your health and life expectancy are going to charge you more because your risks are higher . I hope that helps , thanks for asking !


Input: Who Sells Short Term Disability Insurance?

Output: STD -LRB- short term disability -RRB- is usually only available through your employer . In some cases your employer will provide coverage at little or no charge to you , or they may make STD coverage available via payroll deduction . I am not aware of any carriers that offer STD coverage direct to consumers .


Input: Who Sells Short Term Disability Insurance?

Output: While it 's great to purchase disability insurance through your employer , make sure you think about a private short term disability insurance policy if you 're going to leave your work . You ca n't always take your policy with you . I would recommend Mutual of Omaha , as mentioned before by David .


Input: Who Sells Short Term Disability Insurance?

Output: There is a huge inventory of disability insurance companies that carry short term disability and some short term disability group plans for business . Before purchasing short term disability insurance , make sure your employer does n't offer it . Here are a few on short term disability companies that come to mind Mutual of Omaha , Aflac , Lincoln Financial Group .


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: There are many ways to demonstrate the existence of an insurable interest . If your boyfriend wants you to have a policy on his life , there shouldnt be any difficulty . If you decide to do that he would have to sign the application and medical releases and you would have to sign the application as the owner and premium payer .


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: You can get life insurance on anyone that you have an insurable interest with . You must first justify the need for life insurance based on the economic loss you would suffer from his death . If you ca n't establish economic loss , you ca n't be thebeneficiary.Engagementis aproposal to join interests , but it may not be enough if there are no present and shared liabilities.If you ca n't establish that as anengagedcouple , then boyfriendstatus will be moredifficult .


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: That is an excellent question ! The trick is going to be to find a company that will accept your boyfriend as an insurable interest . That may be hard to do , since you can only insure someone that you can demonstrate a loss from , should he pass . So if you have children together , share expenses and have property or loans together , than maybe so . If he is just a boyfriend , then most likely not . If you would like to contact me privately and give more details , I may be able to give you a better idea . Thank you for asking !


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: If you and your boyfriend live together and share expenses , you do have an insurable interest in his life , and it would be possible to take out a life insurance policy on him with you named as beneficiary . He would need to sign the policy as the insured person .


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: As you can imagine , this question can be answered a few different ways nowadays . Lets suppose you are a girl and you want a policy on your boyfriend . Why would you want that ? It probably is because you guys are serious and he supports you in some way . Maybe not completely , but do you have some form of financial dependency on him . If you live together , then he can be considered your domestic partner . If you dont live together but intend to do so , then he can be considered your fianc . In both cases , you would be considered a legitimate beneficiary . Lets suppose you dont live together , and you really cant say right now that you will at some point , or get married . Could you still take out a policy on him ? You probably could if you have set up some joint accounts . If there has been some pooling of expenses , and therefore some pulling of assets to cover those expenses , that probably could fly through underwriting . It almost becomes a matter of insurable interest due to a business partnership of sorts you have formed . If you wanted a large amount of coverage , you might have to come up with some kind of business agreement to substantiate the amount needed . Now lets suppose youre a guy who wants a policy on his boyfriend . Pretty much , all the rules named above apply . Interestingly , life insurance companies have pretty much kept up with the times when it comes to the social arrangements people make .


Input: Can I Get A Life Insurance Policy On My Boyfriend?

Output: Possibly , but he would have to agree on having the policy . It could not be done with out his consent . If you were the policy owner there would have to be signs of an `` insurable '' interest . What that would mean is you have a date to marryin the near future .


Input: Does Renters Insurance Cover Power Outages?

Output: Renter 's insurance policies typically do not cover power outages since most of the resulting damage -LRB- if any -RRB- would apply to the structure . However , it is possible that you may have some coverage to spoiled food from a refrigerator losing power . However , appliances that no longer work is generally not covered . You should always , however , ask your broker .


Input: Can I Have Two Auto Insurance Policies?

Output: There is no advantage to having two insurance polices if you are insuring the same risk . Polices have a provision in them that states if there is another policy in force then they will only pay there portion . So all you end up doing is having two insurance companies paying half a claim . Now if the two companies are covering different portions of the same risk due to exclusions then your ok .


Input: Can I Have Two Auto Insurance Policies?

Output: If both cars are day to day usse cars , titled and registered to you personally you could I suppose , but not a great idea.Most companies offer mult car discounts for insuring more than one car . Insuring twqo cars on two separate company policies would just not be maximising your discount possibilities and could therefore end up costing more . Now , having said that , if you have a regular day to day car and also own a collector car , then it would make sense to insure the collector car with a company that specializes in those .


Input: Can I Have Two Auto Insurance Policies?

Output: Nothing saying that you ca n't but unless there is a very good reason , it is not advisable . About the only reason I can think of to have two different carriers is if one car is registered to you personally and the other car is registered to your business which would be either an LLC or a Corporation .


Input: Can I Have Two Auto Insurance Policies?

Output: Yes you can if one is a personal auto policy and the other is either a collectors car policy or possibly a commercial auto policy . You also could have your won business and the one car has signage on it then you have to have a commercial policy on it and the other cars would be personal auto . Even if you name is on the title of both autos . As Also check with your agent and your carriers as to the guidelines they follow and also check your state laws


Input: Why Does Life Insurance Test Blood?

Output: Life insurance tests blood so that they can more accurately assess the rate you will be charged , or if you are able to qualify for the life insurance policy at all . Blood tests can tip them off to diseases that the applicant may not be aware they have , such as type 2 diabetes or liver disease . Blood tests also uncover nicotine or drug use that is not admitted on the application . By testing blood , the insurance company helps assure their own solvency , and in turn , protects all who hold policies with them .


Input: Why Does Life Insurance Test Blood?

Output: Typically a blood test is used to verify the information about drug use , tobacco use , and diseases . Each carriers sets its own standards for what types of things that are tested for when it comes to blood testing for a life insurance application . If you have answered all of the questions truthfully that were asked during the application process there will more than likely be no change or hold ups in policy issue as long as you have met the carriers requirements for issue .


Input: Is Roth IRA Same As Traditional IRA?

Output: Individual retirement accounts -LRB- IRA -RRB- are allowed under the Internal Revenue Code -LRB- IRC . -RRB- The primary difference between a Roth IRA and a regular IRA is when money is taxed . Deposits in a regular IRA are deductible from current income tax ; deposits to a Roth IRA are not . In both cases the interest earned on the accounts is not currently taxable . When all the necessary conditions are met , withdrawals from a regular IRA are taxed as earned income in the year received . Withdrawals from the Roth IRA are free of any income tax . There are other differences that affect estate planning and required distributions .


Input: Is Roth IRA Same As Traditional IRA?

Output: A Roth IRA -LRB- Individual Retirement Arrangement -RRB- is a retirement plan that is generally not taxed provided certain conditions are met . If you satisfy the requirements , qualified distributions are tax free . Here are the basic rules of a Roth IRA : No age restrictions for contribution or distribution Maximum income allowed for 2014 to participate is $ 129,000 single and the head of household , $ 191,000 joint filers Earned income must be or greater than your Roth IRA contributions Tax free growth you pay no taxes when you make qualified withdrawals after age 59 and your account has been open at least five years Maximum contribution $ 5500 -LRB- $ 6500 if you are 50 or older -RRB- Heres how the Traditional IRA works : You must be under age 70 to contribute No maximum income restriction on eligibility to contribute Earned income must be greater than your annual Traditional IRA contributions Tax deferred growth Maximum contribution $ 5500 -LRB- $ 6500 if you are 50 or older -RRB- Your deduction may be limited if you or your spouse are covered by a retirement plan at work and your income exceeds certain levels Required Minimum Distributions -LRB- RMDs -RRB- must start by April 1 of the year following the calendar year in which you reach age 70 An advantage of Roth IRAs is the tax free distribution during retirement . One of the selling points of a Traditional IRA has been you defer the taxes . However , an often overlooked important detail is that in addition to deferring the taxes , you also defer the tax calculation . Who really knows what your specific tax rate will be during retirement ? You will likely not have the same deductions you had when you contributed to an IRA such as dependents and a mortgage . Then there is the general question of do you think taxes are going up or down in the future ? There could be a great advantage to having a Roth IRA if you can handle paying the taxes on the money upfront when you put it into the Roth account . Theres something about the comfort of a stream of retirement income that is tax free that makes it very attractive . Based on the small number of companies that offer pension plans , people largely find themselves on their own when it comes to preparing for retirement . Both the Traditional IRA and the Roth IRA can be helpful retirement income vehicles . As always , you need to consult with a qualified financial person that can make sure your individual situation and needs are taken into consideration when determining which is most appropriate for you .


Input: Does Medigap Cover Eyeglasses?

Output: Medigap plans do not provide coverage for routine eye exams and eye glasses . In short , you will need to secure coverage under a separate vision insurance plan to to cover routine services . Medicare Part B can provide coverage for some preventive and diagnostic eye exams for people at high-risk of certain conditions -LRB- e.g. diagnosing retinopathy in diabetics or mascular degeneration for age-related conditions -RRB- . In combination with a Medigap plan , these exams can be covered at 100 % -LRB- Medicare Part B - 80 % , Medigap - the remaining 20 % -RRB- . You can check out the medicare.gov website for more specific information regarding condition/risk requirements for Medicare to pay benefits . I hope the information is helpful - please feel free to contact me for help with your Medigap plan needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Why Are Annuities Bad Investments?

Output: Tax deferred annuities can be a suitable product for long term savers and investors who are in a high federal and state tax bracket . It varies in the crediting methods to allow flexibility for conservative savers with guaranteed interest rates , moderate investors with indexing and separate accounts that use equity and bond investments .


Input: What Will Be The Medicare Insurance Premium In 2014?

Output: The medicare insurance premium , I assume you are referring to the amount deducted from your social security check each month -LRB- 104.90 -RRB- , remains the same for 2014 . The only thing that could cause your premiums to increase is if you have had a significant increase in your AGI , perhaps you have started taking distributions from an IRA account , and your AGI exceeds $ 85,000 for single , or $ 170,000 for MFJ


Input: Can Life Insurance Be Used For Retirement?

Output: Can life insurance be used for retirement ? Absolutely ! Life insurance , especially cash value life can be part of a combination of retirement options . It 's not an all or none item but a part of a balanced plan . The ability to get to cash values when needed without tax consquences or early distribution penalties allows the individual to maybe save another piece of the retirement pie for a better time . What cash value life does in retirement is simply give you more options that you can use to take advantage of the best timing for yourself .


Input: How Do I Calculate Home Insurance?

Output: I recommend you consult with an insurance professional to help you calculate the amount of insurance needed to insure your home . There are many variables in determining replacement cost of the home . Also you would discuss all potential discounts and deductible and liability options available to you . An independent agent can look at multiple companies to find you the right policy at the right premium .


Input: How Old Does Your Car Have To Be For Classic Insurance?

Output: That can vary , but in my experience , as a Nationwide Professional Agent we also represent Hagerty Insurance , one of the most respected companies specializing in this type of coverage , stock vehicles built between 1900 and 1969 are included as classics or antiques . It used to be that a 25 year standard was used , but that is not necessarily the case these days . You may find that cars built as recently as the 1970 's or even ' 80 's may , due to their characteristics , qualify as collector cars .


Input: Why Do Health Insurance Companies Deny Claims?

Output: Generally , medical claim disputes occur over contract definitions , perceived benefits not covered and various forms of fraud , i.e. misstatements , misleading information or material omission of fact . -LRB- Sometimes the agent has misrepresented the benefits as well . -RRB- Sometimes benefits are not paid until deductibles are satisfied and/or late payments beyond the grace period .


Input: Does Homeowners Insurance Cover Renters Insurance?

Output: A homeowners policy covers a residence , and the personal property of the insured . If the personal property of the insured is away from the residence there is a percentage of the limit that covers the property at another location . A renters policy provides similar protection , except for coverage for the building . If you are thinking of covering a child who has gone away to college and is renting an apartment with your homeowners policy the basic problem will be liability that might arise from the childs occupancy in the rental unit . If someone slips and falls in the apartment there wouldnt be coverage for a lawsuit .


Input: Does Homeowners Insurance Cover Renters Insurance?

Output: No . Homeowners insurance and renters insurance are two entirely different types of policies . In rare cases , it may be possible for a student 's parents to add an endorsement to cover the student 's apartment , but that comes with its own set of problems and is not generally recommended . It 's important to have the proper type of policy , and renters insurance is designed to meet the needs of a tenant . Homeowners insurance will not usually cover a secondary location like an apartment without the cost of an extra endorsement . Because there are differences in coverage between the two types of policies , this would often be a poor choice and may vastly limit the amount of personal property coverage available .


Input: Does Homeowners Insurance Cover Guns?

Output: If you have the guns scheduled on your home owners policy . Your policy should cover the valuation of the guns less your deductible the same as your other personal property . As always read your policy completely to know what coverage is provided and what exclusions there may be or call your local agent to have them explain the coverage provide and exclusions within your policy .


Input: Does Homeowners Insurance Cover Guns?

Output: Typically if you have your firearms scheduled -LRB- individually listed and paying additional premium -RRB- yourdeductiblewill not apply . Otherwise -LRB- if not scheduled -RRB- your firearms areusuallycovered under your standard personal property coverage , and yourdeduciblewill apply . This way there is typically a per item cap . So lets say the per item cap is $ 1,500 , and you have a firearm of $ 2,000 stollen from your home , you would only have $ 1,500 of coverage minus your deducible . Some insurance company do ask if you own any firearms such as Electric Insurance Company -LRB- owned by G.E. -RRB- . The answer to this question my exclude coverage if not scheduled .


Input: When To Get Health Insurance For Newborn?

Output: If you are covered under a group health plan you have 30-days after the child has been born to add the child to your coverage . As a general rule , adding dependents to your group health coverage requires the provision of the dependent 's Social Security number . This is a point of confusion and concern for many new parents as it can take several weeks before they receive a Social Security number for their newborn child . You should proceed with completing and submitting the paperwork to add the child to your employer 's health insurance carrier with a note that a Social Security number has been applied for and will be forwarded to them upon receipt . In the individual health insurance marketplace essentially the same 30-day rule applies . The exceptions being that you must request enrollment within 60 days of the loss of coverage under a State CHIP or Medicaid program or the determination of eligibility for premium assistance under those programs . Marlin McKelvy Consumer Directed Benefit Solutions www.cdbsagency.com


Input: Where Can I Get Auto Insurance With No Money Down?

Output: That is a great question ! If you can find an auto insurance company that will insure you without a payment first , let me know , will you ? Unfortunately the way insurance works is that they accept the risk of insuring you , once you have agreed to , and started , making payments . I 'm sorry , but I do n't know of any company that will issue insurance without money paid first . Thanks for asking !


Input: Where Can I Get Auto Insurance With No Money Down?

Output: An insurance policy is a legal contract . A legal contract always requires consideration . That means money must change hands . I could promise you a free trip to the moon but if you dont pay me anything the most you could sue me for would be breach of promise . You couldnt say I broke a contract even if my promise was in writing . Insurance is based on the idea that the premium is paid prior to the start of coverage . I doubt you will find anyone that will truly provide insurance without a down-payment and if you do , check to make sure you arent taking out a loan to do so .


Input: Where Can I Get Auto Insurance With No Money Down?

Output: I am not aware of any company that will currently accept a risk without payment and even then there the policy may be cancelled or non-renewed if it is found to have been obtained with fraudulent information . The insurance company is taking on a huge amount of risk with every policy that they write . Typically they do not want to take on that risk if the person looking for coverage can not pay for the coverage in advance . Every policy is different . Please read your policy completely to understand the coverage provided and exclusions that are contained within or contact your local agent to go over the policy with you .


Input: When Was The First Whole Life Insurance Policy Issued?

Output: According to Wikipedia , the first company to issue a life insurance policy was The Amicable Society for a Perpetual Assurance Office , which was founded in London in 1706 by William Talbot and Sir Thomas Allen . Members paid for shares , and at the end of the year the money was split between the widows and orphans of the members who had passed away .


Input: When Was The First Whole Life Insurance Policy Issued?

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


Input: Why Are Life Insurance Proceeds Not Taxable?

Output: Life insurance started as a financial vehicle to protect widows and orphans . It was determined to not tax those proceeds , as they in fact saved the government money that would have gone to caring for those who had lost spouse or parents , had they not had life insurance . Since then , life insurance is used for many more purposes , but is still seen as a benefit that should remain tax free due to its alleviation of financial devastation for survivors at the time of death .


Input: Why Are Life Insurance Proceeds Not Taxable?

Output: In mostscenarios the death benefit proceeds are paid to the beneficiaries of life insurance policy tax free . There may be some tax exposure in business and estate scenarios . But the government made a decision a hundred years ago that life insurance presented a social good that warranted the tax preference .


Input: When Were Variable Annuities Introduced?

Output: Variable annuities first manufactured by the Teachers Insurance and Annuities Association-College Retirement Equity Fund -LRB- TIAA-CREF -RRB- in 1952 . Interestingly enough , the first variable annuities were qualified annuities were built for qualified retirement plans or more specifically to fund pensions . Today variable annuities have evolved as a non qualified product as well .


Input: How To Sell Life Insurance Over The Internet?

Output: To sell Life Insurance over the internet , you need to set up an office just like you would for any life insurance business , except that everything must be set up to work efficiently and easily on the phone and internet . You need to get contracted with at least half a dozen carriers , get licensed in several states , and learn those insurance companies ' products inside and out . Once you are all set up physically and mentally , you need to purchase or generate leads . If you buy leads , you need to place at least 10 % of them to make any profit -LRB- unless you deal in large volumes , then the placement rate would not need to be that high -RRB- . You can supplement purchased leads by selling to friends , relatives and neighbors . You need a good website , as that is your identity to your customers . Whether or not it becomes a steady source of organic leads for you , it is a good idea to study up on ways to draw traffic to it . Each carrier and general agency has their own way of submitting business , interacting with you , and paying you . You need to look around until you are comfortable with the level of service you are getting , then be loyal to those carriers and that general agency . Those relationships will help you earn respect , result in better approvals and choices for your clients , and bring you referrals . Keep in mind , though , that it is much harder to cultivate repeat customers and referrals with internet business than in a storefront . The more common way of selling life insurance over the internet is to go for volume selling . In other words , get leads at as low a price as possible , set up streamlined ways of working them , and hit as many as you can , as hard as you can , as often as you can . Our style is more personal , but it takes years to see this more personal style come to fruition . Just find your path and do it with all your mind , heart and strength !


Input: Does Homeowners Insurance Cover Tenant Damage?

Output: Unfortunately not . There may be companies out there that provide coverage for tenant damage but your homeowners coverage in almost all instances will not coverage the damage caused by tenants . To know what coverage your homeowners policy provides read your policy completely or call your local agent to have them go over the policy with you .


Input: How Long Does It Take To Get Life Insurance Money From Metlife?

Output: State regulations determine how long MetLife can review the death claim before paying the beneficiary proceeds from a policy where the insured person died . In many states , the carrier is allowed 30 days to review the claim . Most claims are paid to the beneficiary or beneficiaries within 60 days .


Input: How Long Does It Take To Get Life Insurance Money From Metlife?

Output: A little more clarification is requested here . If you are talking about getting your premium back because you cancelled your policy during the free look period or you just cancelled which you paid an annual premium , etc. and you want the unused balance back , give it 2-3 weeks . If you are requesting monies from the cash value in your policy , then after you fill out the requested paperwork , send it in , then I would expect your check to come within 2 weeks .


Input: How Long Does It Take To Get Life Insurance Money From Metlife?

Output: Are you referring to the payment to the beneficiary ? If so , they will require some things from you first ; but if all of their requirements are met , they are required to pay out within a specified period of time , as specified in the policy . Remember that the policy had to be in force at the time of the policy holders passing , for them to pay out . If you would like to discuss this more , contact me , I 'd be happy to help , but your best bet is just to contact MetLife directly , and ask .


Input: Where Can I Get Cheap Rental Car Insurance?

Output: Rental car insurance is available from rental car agencies . If you own an insured car the insurance from that car extends to a rental car which means that purchasing the coverage from the rental agency is not necessary . If you do not own a car , it is possible to purchase non-owned auto insurance which would eliminate the requirement for buying liability insurance from the rental agency . You would still need physical damage coverage .


Input: What To Look For In Disability Insurance?

Output: There are a few main components to consider when purchasing disability insurance besides the normal reputation of the agent and the ratings and reputation of the insurance company . The first component is the elimination period . This is the amount of time between your medical diagnosis of being disabled and the time you begin to receive benefits . The most common are 30-60-90-180 days . You need to be sure you have enough savings to last until your benefits begin . The second component is the benefit period . This is the period of time that once the benefits start they will continue to pay . The most common benefit periods are 2 years to 20 years . Some policies pay to age 65 or now 67 when your social security benefits start . I recommend the later . The third component to consider is premiums . The above to dictate your monthly or annual premium . If the premiums are stretching your budget too far and an emergency causes financial hardship and are forced to drop your disability insurance coverage , then it was just an exercise in futility . I recommend using an experienced independent disability insurance broker to help you navigate your choses . It can be a rather complicated purchase if you are not familiar with how disability insurance works . Good luck .


Input: What To Look For In Disability Insurance?

Output: It is important for your policy to cover residual disability . That way , if you are only able to go back to work part time , or are not making as much as before because you are not working to your full capacity , you can still receive a partial disability benefit . You also want to insure yourself for your own occupation . If you are a computer programmer , you do n't want to have to take a job cleaning computers because you ca n't concentrate long enough during your recover to do programming . the `` own occupation '' feature will allow you to receive benefits until you can get back to your own type of job .


Input: What To Look For In Disability Insurance?

Output: What to look for in Disability Insurance ? While there are many options to consider with disability insurance , a `` good '' disability policy comes down to one defining sentence . The most important thing is `` the definition of what disability IS . '' You see payment from a disability plan all comes down to what qualifies as a disability based on the definition of disability in the contract -LRB- policy -RRB- . If it is not simple and straight forward in this definition , you might want to look elsewhere . Pretty much beyond the first couple sentences about the definition of disability in a DI policy are terms where they take away from the definition , they exclude and make exceptions . The best policies are straight forward without a lot of fluff when it comes to that definition . And with a disability policy , words are everything .


Input: When Does The Beneficiary Collect From A Life Insurance Policy?

Output: The beneficiary collects from a life insurance policy after the insured person dies . You must obtain a certified death certificate , and contact the insurance company or your agent for a death claim . You fill out the death claim and mail it with the death certificate to the address on the form . They will process it and send you a check for the face amount of the life insurance policy .


Input: When Does The Beneficiary Collect From A Life Insurance Policy?

Output: With a quality life insurance carrier , your family will have their check within a week . Some companies will challenge everything , and hold up payments for six months . Then they will try to get the beneficiary to invest the money in their annuities , instead of just giving them a check . Be careful in selecting your carrier . Talk with a trusted agent . A quality company will make sure your family has their money when they need it . Thank you . GARY LANE .


Input: When Does The Beneficiary Collect From A Life Insurance Policy?

Output: That is a great question ! The only way that a beneficiary can get any money out of a policy is when the insured passes away . At that point , the beneficiary needs to contact the insurance company and file a claim . There will be forms to fill out and send in , and the death certificate will need to be sent also . Once all of the details are sorted out , the insurance company writes the check , and it is issued . Thanks for asking !


Input: How Does Long Term Care Insurance Work With Medicare?

Output: You will continue to receive Medicare , and Medicare will continue to pay for qualified health care costs , regardless of whether or not you have Long Term Care Insurance . Most Long Term Care Insurance policies pay the insured person to spend as the benefit as needed/desired . For those that pay the facility , there is no formal coordination between Long Term Care Insurance and Medicare .


Input: Does Home Insurance Cost More With A Pool?

Output: Depending on your state and carrier guidelines Yes . I have seen carriers exclude coverage for any liability for the pool which keeps the premium lower . I would talk to a local agent there are some carriers that will cover the pool and stillbe able to have a reasonable rate .


Input: Does Renters Insurance Automatically Renew?

Output: Almost all insurance policies will auto renew . The normal process is for the carrier to send you a notification of your premium for the policy term about thirty days or so before your current term expires . This will provide notification of any changes in premium or coverage or in some cases non-renewal .


Input: What Is The Best Medicare Supplement Insurance Plan In Florida?

Output: The best Medicare supplement plan in Florida is something only you can decide . All Medicare supplement plans with the same letter are identical in every way . The only difference is the price you pay . Medicare supplement rates will vary by age , zip code , tobacco use , plan design and -LRB- in some cases -RRB- your height and weight . Pick a plan that best suits you needs and budget .


Input: Does Medicare Advantage Replace Medicare?

Output: Medicare Advantage only replaces Medicare from the stand point of claims administration and benefits . You are still in the Medicare system and still have all the rights and protections of Medicare . The only real difference to you is that with Medicare Advantage you usually have more benefits than original Medicare and the insurance company pays the claim . Sit down with a good agent who specializes in helping older adults with their Medicare programs . Find one who is able to offer multiple insurance companies and that offers both Medicare Advantage and Medicare Supplements .


Input: Can I Ride A Snowmobile Without Insurance?

Output: It depends on your State 's requirements for carrying liability insurance for snowmobile operations . Some require it and others do not . Check that out first , if you are really willing to drive one , without covering yourself for liability exposure . Check out the terms and circumstances where coverage is required . Regardless of whether or not your State requires it and under what circumstances ... for example , in NY , you may only need coverage if you are riding on public property ... you would be wise to check with several local insurance agencies , to determine the cost of obtaining snowmobile liability insurance . You might find that it is well worth the cost , to cover yourself for damages caused to others . Otherwise , you could be putting your assets at significant risk . Snowmobile accidents can be very nasty and very costly to you if you injure another person or persons and/or their property .


Input: Can I Ride A Snowmobile Without Insurance?

Output: Your state might require that you carry insurance . However , common sense would indicate that someone can get hurt on a snowmobile and that a snowmobile can hurt other people . A snowmobile could also destroy property . So , you could be hurt , your snowmobile could be damaged and you could be sued . It seems to me those are good reasons to carry insurance .


Input: Can I Ride A Snowmobile Without Insurance?

Output: That is a great question ! If you are living in one of the Northern States where snowmobiles can see some use , it 's a good bet that you 'll be required to have some insurance coverage . There are a few really good reasons why it makes sense to get a policy . The first is that any damages or personal injuries that might occur on your property as a rule wo n't be covered by your homeowners policy . If something bad were to happen , you would be left unprotected for the liabilities of costs and damages . Your snowmobile -LRB- and trailer , if you have one -RRB- wo n't be covered under your auto policy either . So again , you would be liable for any damages if something bad were to happen . So what should you purchase ? I 'd strongly recommend the same kind of coverage that you 'd buy for your car - full coverage with comprehensive , collision , and liability . Here 's why - collision is obvious , if you run into something , or roll your sled , it will be covered by this part of the policy . The comprehensive portion covers the other stuff - hitting a deer , water damage busting thru ice , etc. . The liability part covers you for damage to riders , or property . You can add trailers to your policy coverage with some carriers , and that makes sense , as it 's cheap , and does n't get covered by most auto coverage . Sled policies are generally fairly inexpensive , and often can be discounted with multiple sleds , proof of training classes , and bundling with other policies . Most will not charge for non-use periods also . I 'd say it 's definitely something to have before you ever get on your sled , okay ? -LRB- I love this question , I 'm from up North originally myself , and do n't get to answer too many of these type questions here in Texas ! -RRB- Be safe , have fun , and thanks for asking !


Input: Can I Ride A Snowmobile Without Insurance?

Output: Talk to your Insurance Professional about your state 's insurance requirements for snowmobiles and other off road recreational vehicles . Registration and insurance may or may not be a requirement for you . However , it would in my opinion be a very good idea to buy insurance even if there is no requirement . Unfortunately , accidents , some rather severe , do happen with snowmobiles , ATV 's , PWC 's , boats and motorcycles ,


Input: Is Life Insurance Subject To Creditor Claims?

Output: Life insurance death benefits pass from your companyto your beneficiary . If you owe money to someone they can only take action if you withdraw money from the policy . The death benefit is someone elses property . It could be that your beneficiarys creditor might take action upon their receipt of the proceeds .


Input: Is Life Insurance Subject To Creditor Claims?

Output: A life insurance claim isonly createdat a death of an insuredand passes to another beneficiary . Therefore the person in debt has now passed on along with their debts . The beneficiary has no responsibility for the deceased debts . Any monies paid on behalf of the deceased is strictly voluntary by the beneficiary .


Input: Is Life Insurance Subject To Creditor Claims?

Output: No , Life Insurance is generally not subject to Creditor Claims upon death . If you are alive , and have cash value within a life insurance policy , it may be subject to Creditor Claims is you are taking money out of it , especially as a withdrawal . Generally speaking Life Insurance Death Benefits are free from Probate , meaning no claims can be made .


Input: Is Life Insurance Subject To Creditor Claims?

Output: If it is the Insured person and Policy Owner who has the claims against them , and they die and leave the life insurance proceeds to a beneficiary , the beneficiary does not have to pay the claims of the Insured unless they co-signed for that debt . If there is no beneficiary and the life insurance money ends up in the estate , creditor claims can be filed during probate . If it is the beneficiary who has the claims against them , it depends on the state of residence as to whether a claim can be filed against the beneficiary 's life insurance proceeds , and/or how much of the death benefit is subject to creditor claims .


Input: Can A 17 Year Old Get Health Insurance?

Output: In most states a 17 year old individual can not obtain health insurance on their own . They can be added as a dependent to their parents plan . A few states do offer `` child only '' health insurance plans but most do n't . Prior to Obamacare any child under 19 could have their own policy .


Input: Can A 17 Year Old Get Health Insurance?

Output: In Minnesota , none of the standard insurers will write stand alone health coverage on a 17 year old . However , the Minnesota Comprehensive Health Association - which has long been in existencespecificallyto provide real health insurance coverage for those who can not obtain it in the standard market - would accept the 17 year old .


Input: When Does A Life Insurance Policy Expire?

Output: Life insurance expires on the maturity date of the policy or earlier in the case of cash value policies that lapse due to insufficient policy values . Term policies self terminate relatively early and without value . The maturity date of permanent policies issued in recent years is usually extended by policy provision or rider past age 100 to ensure the policy only matures due to death of the insured .


Input: When Does A Life Insurance Policy Expire?

Output: Properly funded Whole Life insurance will pay the death benefit upon the death of the insured or the maturity date , whichever comes first . Term life insurance will not pay the death benefit beyond the term . Most Term policies do have a renewable period after the term ends , but premiums are much higher and may increase annually .


Input: How Accurate Are Online Auto Insurance Quotes?

Output: Theoretically they should be quite accurate . A company can identify you , all the drivers in your household , every moving violation or accident that you have had , the VIN of every vehicle registered to your address and can do the computations quickly and accurately . Will that be best for you , probably not ? Price isnt everything . If you dont have adequate limits to protect you when you have a claim then you have made an expensive decision . You might have saved a few dollars but the claim could send you into bankruptcy .


Input: How Accurate Are Online Auto Insurance Quotes?

Output: We are very careful when offering online quotes to customers . Accuracy is essential , and comparison of the top-rated companies is a must . However , an online quote is based on the information provided by the consumer . Therefore , since not all information is provided , and there are always additional underwriting requirements , it 's wise to verify the quote 's accuracy so you can effectively determine your savings . It 's also important to ensure the liability limits are going to be high enough , yet stay within the budget constraints of the customer . The same applies to deductibles .


Input: Is There Cheap Health Insurance?

Output: How do you define cheap ? In 2014 the average monthly cost for a Silver level ObamaCare compliant major medical plan was $ 328 . By that standard any coverage costing less than that would be `` cheap '' . People who qualify for little or no subsidy of their individual health insurance -LRB- shame on you for making more than $ 42,000 annually -RRB- may argue that $ 328 or more per month for health insurance is n't affordable much less cheap . But the folks in Washington , D.C. know better about these things than you do . Some people who are healthy and are low consumers of health care services have turned to Short Term Medical plans as a more affordable option for health insurance coverage . And , indeed this may work out well for some people as Short Term Medical policies are generally cheaper than individual major medical policies . However , before pursuing this strategy you do need to be aware that Short Term Medical plans do n't cover pre-existing conditions , usually do n't cover preventive care , may not cover prescription drugs and may have other limitations . Also , they do not meet the criteria under ObamaCare for avoiding the individual coverage mandate and therefore can leave you vulnerable to a tax penalty for noncompliance . You should seek out an experienced health insurance agent to discuss your needs and options and to fully understand whatever health insurance product it is that you purchase .


Input: How Much Does Medigap Cover?

Output: Medigap insurance , or Medicare Supplements can cover virtually all of what would be your out of pocket costs . There are a number of Plans available to you and each plan is designated by a letter . For example , Plan A or Plan F . These plans are standardized so no matter which company you choose to provide your coverage , the coverage is the same . Therefore , you should evaluate the insurance company you are considering carefully . Most people , I find , choose either Plan F or Plan G. For my part , I think the Plan G is the best bang for the buck .


Input: How Much Does Medigap Cover?

Output: The best Medicare supplemental insurance plan in your state is one that matches your needs and budget . Medigap insurance rates vary considerably by zip code , age , tobacco use and plan . 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 . Many carriers offer competitive rates from age 65 to 74 . Above age 74 some plans -LRB- surprisingly -RRB- become more competitive while others less so . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Plan F is the most expensive -LRB- and most popular -RRB- followed by D or G -LRB- depending on your state -RRB- , N then Hi F . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online .


Input: Does AARP Have Health Insurance People Under 65?

Output: What you 're referring to are United Healthcare policies . United Healthcare is contracted with AARP to use their name on many of their products , but United Healthcare is the insurer for the health insurance policies for individuals under 65 as well as programs for individuals 65 and older and on Medicare -LRB- including Medicare supplements -RRB- . If you have any other questions about health insurance or need assistance with your own program , send me a message by clicking on the `` contact me '' button .


Input: What Does AAA Home Insurance Cover?

Output: AAA Home insurance , like all other major carriers , covers a wide variety of claims , including fire , theft , vandalism , and many other items . However , there are numerous types of policies offered , so it is best to determine the type of policy you have to accurately understand all of the benefits . An experienced broker can help .