Input: Does USAA Renters Insurance Cover Flooding?

Output: -- > Normal 0 My response to that question would be a little different . Most homeowner and tenant-homeowner -LRB- Renter -RRB- type policies may cover certain types of damage to your property but most if not all will include a Water Damage exclusion . That exclusion says , in so many words , we dont cover you for a loss caused directly or indirectly by water damage . Then it defines water damage to include flood , surface water , overflow of a body of water , back up of sewers or drains , water which seeps or leaks through a foundation and a few other things . So I guess it would be fair to say if water is on the ground and somehow it gets into your home and causes damage , chances are pretty good your homeowners coverage will not cover it . Its also true ; you can purchase a separate government supported Flood insurance policy . But that Flood policy will only cover you for certain types of water damage . Flood policies define a flood only to mean an inundation of two or more acres of normally dry land or two or more properties , one of which is yours . So even if you have homeowners and flood insurance , there will still be certain types of water damage you wont be covered for . I support homeowners considering the purchase of flood insurance . Just make sure you know what this coverage is or is not going to do for you . Its not going to cover you for all types of ground water entering your home .


Input: When To Sign Up For Long Term Care Insurance?

Output: Most advisers start introducing long term care insurance to their clients and prospects at age 50 , but the public appears to be purchasing long term care insurance around age 60 . Keep in mind that if your family has a predisposition to chronic health conditions or nursing home confinement in their seniors years , you may want to secure cover even earlier than age 50 .


Input: Can I Buy Auto Insurance Without A Driver's License?

Output: Technically yes you could purchase auto insurnace coverage without a valid driver 's license under certain circumstances only . If your license is currently revoked or suspended and you are at the end of the suspention or revokation period and need to show proof of insurance to have your license re-instated then you should be able to get auto insurance covereage . If you have not ever had a driver 's license or currently under suspention or revokation and not elegible to have your license re-instated immediately then you would typically not be able to secure auto insurance coverage .


Input: What License Is Needed To Sell Annuities?

Output: Tax deferred annuities have three crediting methods : interest crediting , indexed crediting and separate sub accounts . Tax deferred annuities that use interest and indexing crediting are non securities and fall under the jurisdiction of the department of insurance , which issues life insurance licenses to qualified agents . Tax deferred variable annuities , which use separate sub accounts , require a life license and a series 6 and 63 security licence under FINRA .


Input: Does Sleep Apnea Usually Affect Life Insurance Rates?

Output: Sleep apnea usually affects life insurance rates , but there are a handful of companies that can rate as good as Preferred or better with very mild , very well controlled sleep apnea , or sleep apnea that has been corrected by surgery . In the case of moderate to severe sleep apnea , uncontrolled sleep apnea -LRB- still having symptoms of excessive daytime sleepiness or not using Cpap or other treatment regularly -RRB- , or sleep apnea that has not been followed up to see if it is controlled , the rate for life insurance can be substantially higher or the policy can be declined . To get the most affordable sleep apnea life insurance rates , get a follow up study done after being put on treatment , use Cpap or other treatment plans every day , and if you have high blood pressure as a result of your sleep apnea , get it under control with medication . Keep in mind that your sleep apnea life insurance rate will also be based on your weight and other health and risk factors .


Input: How Do You Get Health Insurance On Disability?

Output: Since the affordable care act -LRB- ACA -RRB- became effective on 1/1/2014 anyone can pick up a health insurance plan regardless of medical conditions or disabilities . Although that 's a huge win for America the real problem lies in who can pay for it . Often , people that have a disability earn less -LRB- or none -RRB- income that everyone else and affording a plan is difficult .


Input: Does Health Insurance Cover Nebulizers?

Output: Generally , yes , many health insurance plans will cover the cost of a nebulizer because it would usually be medically necessary for someone to have one due to breathing issues . You can check with your carrier to find out if it will be covered for your specific situation and how it will be covered . 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 To Obtain Disability Insurance?

Output: When you look at getting Disability Insurance , your income , type of employment , occupation with specific duties will be important to have ready . These will help determine how your policy will be built . Be sure to look at having partial coverage or residual income along with automatic benefit increases if your benefit is greater than one year . Disability can be complicated so be sure to have your broker walk you through the options to find out what best fits your needs .


Input: How To Obtain Disability Insurance?

Output: You can obtain Disability Insurance through your employer and/or you can buy a private Disability Insurance policy . If your place of employment does not offer DI , look on the internet or in the phone book to find an agency that sell Disability Insurance . Many companies that sell Life or Health Insurance also sell DI . I would be happy to assist you , if you would care to contact me .


Input: Can I Collect Unemployment And Disability Insurance At The Same Time?

Output: No in order to collect unemployment you must be both willing and able to work . If you are on disability claim you do not have the ability to work , otherwise you would not be on disability claim .


Input: What Is Covered By Renters Insurance?

Output: A renters policy is a package policy . It combines several coverages . It covers the personal property located at the residence . It covers the named insured against law suits for personal injury or property damage . It also provides for additional living costs should you not be able to stay in the unit due to a covered loss . It pays for incidental items such as emergency removal , debris removal , fired department charges , and others . Most renters policies provided medical payments to others coverage and a variety of coverages that fall under the general heading of liability .


Input: What Is Covered By Renters Insurance?

Output: A renters policy contains two major coverages . The property being covered is the personal property that the renter owns that is located in the rental unit -LRB- some coverage away from the unit . -RRB- The liability coverage provides assistance when you are sued for personal liability or property damage . There are other coverages included such as extra living expense and medical payments .


Input: How Do Retirement Annuities Work?

Output: When you say retirement annuity , I guess you are referring to an annuity that pays an income monthly ? With that being said , the annuity that you are referring to is called an immediate annuity . Immediate annuities come in many variations of length of income streams . Typically an annuity to fund retirement would be a life only with survivor benefits . Basically this annuity will pay a monthly income for as long as a Annuitant is alive and then either 100 % or as low as 50 % to a survivor , normally a spouse for the rest of their life . There are many different types of annuities however . One annuity in particular is an Indexed annuity with an income rider . This would be an alternative to the immediate annuity .


Input: How Do Retirement Annuities Work?

Output: A million people wanted an income that they couldnt outlive . They went to an actuary who studied human mortality and determined that for every $ 10,000 they put into a fund , they could draw out a specified amount -LRB- i.e. $ 300/mo . -RRB- and never run out of money . Mortality is fairly predictable and so an insurance company stepped in and announced that they will guarantee these payments . That contract is an annuity .


Input: What Services Are Covered Under Medicare Part A?

Output: Medicare Part A covers your hospital charges such as room and board and some other hospital administered lab work and services . Part B covers doctor visits and out patient lab work . When you enter the hospital you will have a $ 1184 deductible for your hospital charges . If you are in the hospital more than 60 days you will pay $ 296 each day from day 61 thru day 90 . Hospital stays beyond 90 days puts you in your Lifetime Reserve days . From day 91 through day 150 you wil pay $ 592 each day . Once you use all of your lifetime reserve days you pay 100 % of hospital charges during that benefit period . Once used you no longer have your lifetime reserve days .


Input: How Much Is Military Spouse Life Insurance?

Output: Military spouse life insurance is issued in increments of $ 10,000 up to a maximum of $ 100,000 -LRB- or equal to the amount of life insurance the servicemember has taken , whichever is less -RRB- . The cost is from $ .55 to $ 5.20 per increment of $ 10,000 -LRB- or $ .055 to $ .52 per thousand -RRB- . Contact WEBSITELINK for more information .


Input: What Tests Does Medicare Cover?

Output: Medicare covers almost every diagnostic test that is considered medically necessary . Some preventive tests are covered at no charge to you under Medicare 's annual wellness program . Others are covered under Medicare Part B as an outpatient test . Some tests , such as Bracanalysis -LRB- a $ 3000 test -RRB- may only be covered if you meet specific criteria


Input: Does Car Insurance Cost More In California?

Output: Actually California has some of the most competitive auto rates in the country due to Prop 103 . While everything else in California is expensive my clients are often pleasantly surprised that the auto insurance rates in California are not sky high . In California we have a different set of rules governed by the Prop 103 law that heavily regulates the rates in California and what an insurance carrier can charge . Insurance rates are not credit based but are heavily rated on your driving record and driving history .


Input: When Does The Mandatory Health Insurance Take Effect?

Output: Starting in 2014 , most people will be required to have health insurance or pay a penalty . Coverage may include employer-provided insurance , coverage they buy on their own or Medicaid . There will be groups who are exempt from the requirement to obtain coverage or pay the penalty . There will be subsidies available for some , to help with the cost of plans available on the health exchanges . I would recommend you sit down with a health insurance professional to review your personal situation and what options you could be eligible for to comply with the new health reform law .


Input: How Do Auto Insurance Companies Determine Rates?

Output: Auto insurance rates are determined by the type of vehicle you own , your driving record , where you live , and several other factors . The major carriers often offer the most competitive prices , although there can be a wide range of rates in a specific area . Your deductibles and liability limits will also greatly influence the cost of coverage .


Input: Why Is Car Insurance So Expensive In England?

Output: I would clearly defer to an agent form the UK , but from what I understand there is little in the way of variation or customization of coverage and the greatest differentiation takes place on price . My advice to you is pose your question to a UK Consular s office if you are to be in the UK an extended period of time .


Input: How Does Health Insurance Coinsurance Work?

Output: Coinsurance is a funny sounding word that makes sense once you understand it . With most policies , coinsurance follows satisfaction of your major medical deductible . After the deductible , you pay a percentage of the approved claim and the carrier pays another percentage . In most situations the carrier pays 80 % while you pay 20 % . Coinsurance . You insure -LRB- or pay -RRB- and the carrier co-insures the claim .


Input: How Much Is Annual Homeowners Insurance In Wisconsin?

Output: I would say based on my personal experience that the average cost of homeowners insurance in Wisconsin is around $ 1000/yr . There are many factors that go into determining the premium amount for your homeowners insurance . Some of the factors that are used are geographic location of the premise , the age of the premise , the valuation of the premise , and the amount coverage desired just to name a few .


Input: How To Write Life Insurance Into Trust?

Output: To write life insurance into trust , you first must form an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- with the help of your lawyer . Set up the trust carefully and choose a person you can trust to be the trustee , because you will lose control over the policy and the trust once it is set up . Then purchase a new , permanent life insurance policy , or transfer one or more existing permanent life insurance policies into the trust with the help of your life insurance agent .


Input: What Is A Unit In Life Insurance?

Output: A unit in life insurance is generally $ 1,000 . Polices are usually priced per unit of insurance , whether for the policy itself , or in adding a rider to a life insurance policy . E.g. . A $ 100,000 policy that costs $ 10 per unit of life insurance would cost $ 1,000 per year .


Input: Where To Buy Private Disability Insurance?

Output: Many life insurance providers offer individual Disability insurance . If there are life insurance brokers in your area it 's a good bet that they will be able to help you out with that . I think it 's always a good idea to buy from a provider that has proven strength and longevity and that has a local representative . And be sure to ask as many questions about the coverage as you can think of . What are the exclusions and what is the waiting period are important things to know going in .


Input: Where To Buy Private Disability Insurance?

Output: You can buy private Disability Insurance policies from brokers that offer Disability Insurance . Agencies that sell Life and/or Health Insurance may also offer Disability Insurance . This can be from a local office , or it can be purchased on the internet . Shop where you can compare a few companies to be sure to get your best features and price .


Input: Is Homeowners Insurance Same As Hazard?

Output: Often the wording in a loan application will call for hazard insurance . A homeowners policy meets that requirement . A homeowners policy might provide more coverage than is demanded by the lender ; however , the lenders are used to seeing a homeowners policy . You can check with a trusted insurance agent to see what the agent recommends .


Input: If I Have Va Medical Do I Need Medicare?

Output: Treatment at VA -LRB- Veterans Administration -RRB- facilities can be a crapshoot . I hear good stories and bad so the answer is , it depends . If the VA facilities near you are well staffed and not overcrowded , you might `` get by '' with VA alone . Medicare Part A and B give you more options besides just VA facilities . Some VA pharmacies may not have the medications you need in stock and it may take weeks to receive your meds . Having Medicare Part D -LRB- drug plan -RRB- allows you to purchase your Rx via mail order or at a local pharmacy . Medicare Part A and B , along with a good Medicare supplement plan expands your options and may provide shorter wait times for care .


Input: If I Have Va Medical Do I Need Medicare?

Output: I would advise enrolling in both Medicare Part A and B even though you get your medical care through the VA. . If you want to get care outside of the VA you will need to have Medicare A & B. Depending on what is going on with your health it may be important to get medical care from a doctor or hospital that is not part of the VA system . I have clients that have a Medicare Supplement with me so they can utilize doctors and hospitals outside of the VA but they still use VA doctors for some of their health care needs .


Input: What Is Term Life Insurance With A Cash Value?

Output: Some people might explain `` living benefit '' Term life insurance as having a cash value . The description is not accurate , because the cash in a living benefit policy comes from the face amount , is not available to use unless the insured person qualifies in some way . I.e. , is diagnosed with certain chronic illnesses , is unable to perform two or more ADL 's , and/or is medically determined to be terminally ill . However , that could be what you are referring to .


Input: What Is Term Life Insurance With A Cash Value?

Output: If term life insurance has a cash value , it is possibly a universal life policy priced to provide temporary coverage for a low level premium . Some insurers have introduced `` UL Term '' . There is also a product called Return of Premium Term which is temporary term coverage that provides a cash surrender value at the end of the term period which represents a return of the term premiums paid . It used to be more popular when the rates for this niche product were a lot lower .


Input: What Is Term Life Insurance With A Cash Value?

Output: This sounds like a simple misunderstanding . In the present term life insurance marketplace there is no such thing as cash value term life insurance . It is possible a guaranteed universal life insurance policy , by design or illustrated to mimic term life insurance , may be masquerading as a term life insurance .


Input: What Is Term Life Insurance With A Cash Value?

Output: what is a term life with a cash value ? There may be some very old term life policies that also produced a small cash value , but mainly no . There is return of premium term life , but those are designed to refund premium at completion of the term . Universal life would best fit the description of term insurance with a cash value .


Input: Does US Auto Insurance Cover Canada?

Output: Policies can vary from one carrier to another , but many insurers cover your vehicle while driving in Canada , assuming you are not a resident there . You should be prepared to have your US driver 's license , an ID card for your current US car insurance and perhaps also a statement or proof that you are a US citizen . Renting a vehicle there would be a different situation and the business where you rent the vehicle can provide the specifics . Naturally , an established auto insurance website can assist you with additional information and quotes . There is no cost to request a quote and compare the best options .


Input: Does Disability Insurance Cover Pregnancy?

Output: It depends on the carrier . Some carriers do not treat normal pregnancy as a sickness that keeps a woman from working and do not replace income during a normal pregnancy . However , to fully answer the question , request a `` specimen policy '' from the carrier you may beconsidering to find out the exact contract language aboutthe replacement of incomeduring pregnancy . Here is a typical treatment of normal pregnancy from a highly-reputable carrier for DI : `` If the Elimination Period for Your Disability Benefit is less than 90 days , then normal pregnancy and normal childbirth are not covered Sicknesses . However , if the Elimination Period is equal to or greater than 90 days , then normal pregnancy and normal childbirth are covered Sicknesses subject to the definition of Disability . '' Now , one has to refer to this carrier 's specific definition of disability in the specimen policy : `` During the Your Occupation Period * you are not able to perform with reasonable continuity the substantial and material acts necessary to perform your occupation in the usual and customary way and you choose not to work at any occupation . After the Your Occupation Period You are not able to engage with reasonable continuity in any occupation in which you could reasonably be expected to perform satisfactorily in light of your age , education , training , experience , station in life , and physical and mental capacity . '' * Insurance-speak for the occupation you are in when you become disabled ; you pick the period of this part of the definition of disability when you apply , typically 2 years up to age-67 . The longer the your occupation period , the higher the premium . Thats because the risk to the company is higher to replace income for a longer period of time due to the fact that the choice to work in another position or not during this period is yours . The key to the question is : does your condition of pregnancy restrict you from working ? The insurance carrier will want to know that from your doctor before they will start the clock on the elimination period -LRB- 90 days -RRB- , after the fulfillment of which you will start to get income replacement checks . If you add a `` partial disability rider ' , usually at extra cost , you might not have to be `` totally '' unable to work in your occupation to get a pro-rated replacement of income as you work part-time . Again , refer to the specimen policy .


Input: Does Disability Insurance Cover Pregnancy?

Output: Short Term Disability Insurance covers time taken off for a normal pregnancy and childbirth . No Disability Insurance would cover taking off the entire pregnancy for a normal pregnancy . Long Term Disability Insurance is the type of DI that covers long term absence due to complications of pregnancy and childbirth .


Input: Where Can I Find My Health Insurance Policy Number?

Output: The policy number is located on the card and on the policy itself . If you are not sure just call the 800 # to the company and they will guide you . The policynumber and group numbner is not at all hard to find because that is the essential way that the health insurance companyy will identify your policy , moreover , the hospital will need thios for payment purposes and proof that you hold the policy . In other words look at the card you were given along with the contract .


Input: Which Is Better Medigap Or Medicare Advantage Plan?

Output: Medigap monthly premiums are generally higher than Medicare Advantage plans which can have premiums as low as $ 0 . When you have a Medigap plan you are still in original Medicare and they are your primary payer . With a Medicare Advantage plan your insurance carrier is the one who adjudicates and pays your claims . You are no longer in original Medicare . Medigap plans have lower out of pocket , especially on a large claim . Medicare Advantage plans are great until you get sick and have to use them .


Input: Does Home Insurance Cover Oil Tank Removal?

Output: Unless there are extenuating circumstances behind the removal of the oil tank , I do n't believe that the removal would be covered under any homeowners policy . This would typically be designated as a maintainance issue not a claim issue . If the home is being converted to gas or electric heat from oil it would be the homeowners responsibility to dispose of the oil tank properly .


Input: How To Estimate Cost Of Home Insurance?

Output: Every house is unique . The cost of replacing your residence or personal property is different from any other home . All the factors used to rate a home are specific to that home . Some rating information , such as the fire rating , is public knowledge . Some of the information is protected information that is reviewed by the state insurance commissioner . Your selection of an agent is critical . His selection of limits is also extremely important .


Input: How To Estimate Cost Of Home Insurance?

Output: Since rates andcoverage ` sverywidelyby location I highly recommend you contact a local agent who can review the features of your home or potential home . The agent can runcalculationson the home to determine areplacementamount , reviewcoverage ` sand deductible options to then help determine a premium that feeds your needs . If you go to an independent agent you would have several options from different carriers .


Input: What Is Full Coverage Geico Auto Insurance?

Output: Full coverage Geico auto insurance is a policy that contains liability coverage along with collision and comprehensive coverages . You can select among many availabledeductibleoptions . Of course , the higher the deductible , the lower the rate ultimately will be . Lowerdeductiblesare the most expensive option . As experienced brokers with top-rated websites , we review different deductibles with you to determine which amount is the most cost-effective for you .


Input: Does Life Insurance Money Get Taxed?

Output: For personally-owned policies , life insurance death benefits paid in a lump sum to the beneficiary are received income tax free - a unique and important benefit . If the beneficiary is a business and that business owned the policy , the business is generally not subject to the regular corporate federal income tax on the death proceeds provided special requirements are satisfied for policies issued or materially modified since August 17 , 2006 -RRB- . Policy cash values grow tax-deferred . If the policy is fully surrendered for its cash value , the amount in excess of basis -LRB- premiums paid less withdrawals taken -RRB- is gain and would be income taxable to the policyowner . This is a high level , general overview for insurance planning purposes and may not be used as tax advice . For tax advice you should seek the services of a tax professional .


Input: Does Life Insurance Money Get Taxed?

Output: If life insurance money is left to the estate of the person who died , the money can be taxed . If there is no beneficiary , or the beneficiaries are deceased , the money may also go to the estate , where it will be subject to taxes . If the life insurance benefit is left to a stated beneficiary who is a person or entity , income tax will generally not be charged . Estate taxes do apply for amounts beyond the exemption . Contact a tax attorney for exceptions and more detail .


Input: What Do Health Insurance Underwriters Do?

Output: That 's a great question ! In general terms , the underwriter is the person who determines whether or not you qualify for a particular financial service , like a bank loan , or as you asked , insurance . An insurance underwriter will look at your health issues , medical history , prescription records , actuarial tables , and other things like your credit and family history , if needed , to determine the risk of insuring you . From that data , they will determine if you qualify , and if so , for what plan and amount of coverage , and at what rate . If you have more questions , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Do Health Insurance Underwriters Do?

Output: While other answers on the page are exactly correct , at this point , health insurance underwriters do n't do much , since there is no longer health insurance underwriting -LRB- if you 're purchasing a plan that is compliant with the Affordable Care Act -RRB- . Remember , you can now get health insurance regardless of pre-existing conditions . Hence , no underwriting . In my humble opinion , all of the underwriters should have been moved to customer service so you do n't have to wait on hold for so long :--RRB-


Input: Is A Life Insurance Annuity A Good Investment?

Output: As a general rule , I would say no . There are many true investments that will have a higher ROR -LRB- rate of return -RRB- . That being said , there are good reasons for some to consider an annuity as an accumulation device . The guaranteed minimum return and tax sheltered growth can be attractive in the right situation .


Input: Can Car Insurance Be Transferred?

Output: No , every insurance policy is tailored to each individual . This helps to spread the rates more evenly amongst the risk incurred by the carrier . If you wish to cancel your auto insurance policy you may do so at any time that you wish , but if you have a loan on the vehicle then the lien holder may have a requirement within your agreement with them that you carry auto insurance coverage for at least as long as the loan is outstanding .


Input: Will Medicare Pay For Nplate?

Output: Nplate is a prescription drug so it would not be covered under Original Medicare -LRB- Parts A & B -RRB- - you can use the plan finder tool on the Medicare.gov website to see what prescription plans will cover the medication as well as enroll in a plan -LRB- if an available time to - e.g. having a special enrollment period or it 's the annual enrollment period -RRB- .


Input: Does Car Insurance Pay For Hail Damage?

Output: Hail damage would be covered under the comprehensive portion of your auto insurance policy minus your deductible . Every company and every policy is different . Please read over your policy completely to understand what is covered and what is excluded or contact your local agent to have them assist in explaining your policies coverage and exclusions .


Input: Does Car Insurance Pay For Hail Damage?

Output: Hail damage is covered under the comprehensive portion of your policy minus your deductible . This would be considered falling objects . While this type of loss is pretty straight forward with any reputable insurance carrier , make sure you consult your local agent for more information on how your policy will cover this type of loss .


Input: What Is The Cost Of Long Term Disability Insurance?

Output: The cost of long term disability insurance will vary by the plan design that includes the elimination period , length of coverage and additional policy riders . It will also depend on your gender , age , smoking status , health history and current medical condition . Another impacting item is your compensation and whether you can deduct the premium as a legitimate expense for the maximum benefit allowed .


Input: How Are Non Qualified Annuities Taxed?

Output: Non Qualified Annuities are taxed as capitol gains . This means that the original investment -LRB- basis -RRB- is not taxable . But the gains inside the contract are taxed upon withdrawal . The gains are subject to what is called Capitol Gains Tax . This tax varies depending on how long the gains have accumulated , and what level your income is .


Input: What Happens If Your Car Is Totaled By Insurance?

Output: If your car is declared a total loss you will be offered a settlement for the value of the car minus the deductible -LRB- if you were at fault . -RRB- Frequently you will be given the option to retain ownership in the car for a negotiated amount . If you then have the car restored , the licensed car will have a salvage or C title . The settlement is negotiated between you and the insurance company . Make sure that you understand all the options and assert your position if it is necessary .


Input: What Happens If Your Car Is Totaled By Insurance?

Output: Great question ! Your insurance company considers your car totaled when the cost of repairing it is close to , or higher than it 's blue book or their estimated value . Once the car is considered totaled , the company will send you a check for the amount specified by your policy , and the adjuster 's estimates . The amount they have determined will be minus the amount of your deductible , and any amount that you may owe them . In most cases , the company will own the rights to the car , and will sell it for salvage , or at auction to mechanics willing to repair the vehicle . I hope that you never have to find out , but if you do , feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Happens If Your Car Is Totaled By Insurance?

Output: If your car is severely damaged as a result of an accident , for example , your insurance company 's claims professional will assess the amount of damage and the related cost to repair that damage . Since usually the entire extent of such damage can not be completely understood until the car starts to get torn down by the repair shop , a good rule of thumb is that if the inisitial cost to repair is about 70 % of the current book value of the car , more than likely it will bt `` totalled '' . You will be offered a settlement , subject to your deductible andbased upon that current book value.If you have a full replacement value option on a newer car , you may be offered a new car of the same make and model with similar features . If you choose to take the monitary settlement but also want to keep your car , the insurance company rep may stamp the title to indicate the severity of the damage your car had sustained . If that happens , you will have a difficult time selling it later on .


Input: What Do I Need To Join Medicare?

Output: If you have paid into Medicare through payroll taxes for 40 quarters and are drawing on Social Security at age 65 , you will automatically be enrolled in Medicare . If you are younger and wanting to join Medicare , you do so by paying Medicare taxes . They are charged for self employed , employees , and government workers , so simply working at a legitimate job will get you on the road to receiving Medicare when you are age 65 + .


Input: What Do I Need To Join Medicare?

Output: In order to have Medicare you need to either be age 65 or older or you need to qualify by being on disability for longer than two years . To get Medicare Part A at no cost , you need to have worked and paid taxes for 10 years -LRB- 40 quarters -RRB- . You will always pay a premium for Medicare Part B.


Input: What Do I Need To Join Medicare?

Output: Most people are automatically enrolled in Medicare Part A at age 65 . If you or your spouse have enough Social Security credits there is usually no premium charged for Part A. Enrollment in Medicare Part B is elective on your part , although Medicare will usually enroll you in Part B as well . If you currently are covered under an employer group health insurance plan you may delay enrolling in Part B without penalty .


Input: Is Medicare Available To Everyone?

Output: Medicare is available to most people , but not quite everyone . Anyone who has paid Social Security taxes for 40 quarters throughout their working lives are eligible for free Part A Medicare at age 65 , as would their spouse be at age 65 , whether or not they worked outside the home . Disabled persons are eligible for Medicare after two years of receiving Social Security Disability benefits . There are other categories of persons who can get Medicare , including some who can pay for it rather than receive Part A free . But again , not quite everyone in the US can get it .


Input: How Long Does My Health Insurance Last After Termination?

Output: I presume you mean after termination of your employment . The answer partially depends upon the circumstances of your termination . If you were terminated for cause -LRB- especially if it was associated with criminal conduct -RRB- then your coverage can often be terminated as of the date you were fired . If the termination is of the more standard type due to being laid off or your position being eliminated at your employer your coverage will generally continue to the end of the month in which you were terminated . This is especially true if you were contributing towards the cost of your health insurance and have had premium payments withheld from your paycheck . Depending upon the size of the employer you worked for you will also have continuation of coverage rights that you can exercise . If your employer has less than 20 employees then state continuation of coverage provisions apply , if your employer has 20 or more employees the Federal COBRA guidelines apply . You should discuss this with your former employer , their HR department or their insurance broker to determine which of these continuation scenarios apply to your specific situation . In the event that you elect to continue your coverage through your former employer 's health plan you will be responsible for paying the entire monthly premium -LRB- your employer can add a 2 % adjustment to cover their administrative expense -RRB- and you must remit that premium promptly each month or the employer is within their rights to terminate your coverage . Losing your coverage through your employer is also a qualifying event under the Affordable Care Act which gives you a 60-day period to purchase individual health insurance coverage either inside or outside of the government health insurance marketplaces . Depending upon your individual circumstances and income level this may be a better option that paying for continuation of coverage under your former employer 's group health plan . I would recommend you seek out the services of an experienced health insurance broker to help you make an informed decision about which option is best for you .


Input: How Much Car Insurance Coverage Is Enough?

Output: There is no absolute appropriate answer . Suggest that you assess your family situation and go from there . For example , if you have one or more underage , licensed drivers in the family , the chances of an at-fault driving accident is greatly increased based on readily available statistics . Think about your financial exposure if you or a family member hits an object in the roadway at highway legal speed , loses control slightly and subsequently rear-ends another vehicle , injuring one or more passengers . This happens everyday . A policy with minimum liability limits could easily be exhausted , possibly leaving you exposed to paying the rest of the claim out-of-pocket . Your personal assets could be easily exposed in so many similar situations . Family budgets are tough to control at times , with insurance costs often a big factor . However , think about potential exposure of personal assets . Talk to several independent agents to discuss such matters in terms of needed and recommended insurance limits .


Input: How Much Car Insurance Coverage Is Enough?

Output: I suggest a number of different approaches . How much coverage would you want the person to carry if they injured you or your family or damaged your property in a car accident ? If you cause an accident , injure family members riding with you and are from a state permitting intra-family suits , how much coverage would you want available to pay for their injuries ? And of course , how much do you stand to lose ? What is your net worth , the value of your earning power , and/or the value of your personal integrity ? None of these methods will lead you to the perfect limit but they are the considerations I would suggest one think about when selecting the appropriate amount of insurance . In addition , I always suggest your uninsured/under-insured motorists coverage -LRB- the one that covers you , your family and possibly the passengers in your car in case the other car is not insured or poorly insured -RRB- be consistent with the coverage you carry in case you hurt someone else . However if none of these considerations apply , one must always be aware of the minimum limits required by most state laws .


Input: Why Are Equity Indexed Annuities Bad?

Output: Why are equity indexed annuities bad ? I did n't know they were ? Sometimes you have to look at the source of where the words `` bad '' come from . Sometimes these type of statements are made as a sales pitch for other products from books to competitive financial products . Equity Index Annuities are fine in the right situation with the proper amount of over sight or review as time goes on .


Input: Why Are Equity Indexed Annuities Bad?

Output: Equity Indexed Annuities are not bad if sold appropriately . They are in fact a very good way to provide a safe lifetime retirement income . They can provide a competitive upside interest rate without the downside risk . The problem is that some agents have sold annuities to people without explaining the product . Some annuities have long surrender periods for example , thus may not be appropriate for someone who is older or who may need access to the money in a shorter time frame .


Input: Can You Have An Hsa Without Health Insurance?

Output: Health Savings Accounts were by law set-up to be paired with a specific type of high deductible health insurance plan . So , one must accompany the other . Each year the IRS announces the guidelines for what the range of acceptable deductible levels are for HSA qualified health insurance plans and the maximum amounts people can contribute to their Health Savings Account . Qualified high deductible health insurance plans for 2014 can have a deductible starting at $ 1250 for individual coverage and $ 2500 for family coverage . The maximum out-of-pocket exposure under these plans can be no more than $ 6350 for an individual and $ 12,700 for a family . The maximum an individual under the age of 55 can contribute to a Health Savings Account in this year is $ 3300 for an individual and $ 6550 for a family . Persons 55 + can contribute an additional $ 1000 to their HSA account . The amounts that persons contribute to their Health Savings Account is 100 % deductible from their gross income and can accumulate tax free and as long as withdrawals from the HSA are for covered medical expenses there are no tax consequences for the use of these funds . HSA funds can be accessed for non-eligible expenses but such withdrawals are subject to a tax penalty .


Input: Can You Have An Hsa Without Health Insurance?

Output: Yes and no . One can only establish a HSA if they are enrolled in a qualifying High Deductible Health Plan . However one may establish a HSA and can maintain it for the rest of their lives , collecting compound interest and using it to pay for qualified medical expenses -LRB- before age 65 -RRB- after the age 65 a HSA account is treated exactly like a IRA .


Input: Which Car Insurance Has The Best Rates?

Output: There are a limited number of factors that go into developing the rate an insurance company charges . In California they are different from other states . Insurance companies are obligated to stay financially viable in order to pay future claims . The insurance commissioner supervises this process . The various insurance companies are all fishing in the same pool . Eventually their experience is going to be similar and there rates should also be similar . You might find a spread of rates for a particular auto at a particular time , however , the spread could be there a year later with different insurance companies .


Input: Which Car Insurance Has The Best Rates?

Output: The car insurance with the best rates can vary , depending on where you live , the type of vehicle you have , and your driving record . An experienced broker is perhaps your best resource to help you find the cheapest available prices , and help determine the c overages that are most ideal for your situation .


Input: How To Calculate Disability Insurance Benefits?

Output: Disability insurance benefits can be easily calculated . The insurance policy that you have will have stated benefits within the contract that are very easy to understand . Otherwise , talk to a full-time experienced broker who can review the disability policy with you and explain benefits . No charge for services of course .


Input: Is Car Insurance State Mandated?

Output: Yes , in almost all fifty states of the United States it is . Each state sets it 's own dollar levels and the coverages that are required as a minimum for all licensed drivers . Contact a local agent to find out more details about your states minimum auto insurance coverages and amounts .


Input: Does Medicare Cover Zostavax Vaccine?

Output: Zostavax is a vaccine for herpes zoster -LRB- chicken pox -RRB- . The drug should be administered by your doctor or other trained medical personnel . Your doctor is allowed to bill Medicare for his or her services but can not bill Medicare for the cost of the medication . Some drug stores have people on staff who will administer the drug


Input: Do I Need Home Insurance For A Condo?

Output: Condominium coverage requires a different form from the standard homeowners package . However , it provides many of the same coverages . The chief difference is that the structure itself is generally insured under a blanket condominium association policy , not the condominium form . The owner of each unit is normally not responsible for the structure , its maintenance or insurance . The owner of a unit is not responsible for the general areas such as gardens and walkways surrounding the condominium . The owners responsibility is for property contained within the structure , to include internal walls , and paint . When a person purchases a condominium they generally secure a mortgage . The mortgage companies will require the owner to purchase a policy to protect the lenders interest in the property . They want coverage for what they loaned you money to purchase . The amount of coverage under a condominium policy includes the amount required to restore the condominium in the event of a covered loss . At the same time the condominium policy provides a way for the homeowner to insure their own personal property -LRB- furniture , decorations , appliances and other property . -RRB-


Input: Do I Need Home Insurance For A Condo?

Output: The type or form of coverage that you would want to discuss with your Insurance Provider is a Condominium Unit Owners ' policy . While these are similar to a Homeowners ' Policy , they differ in that the primary coverage that they provide is for your personal property and liability , not the building itself . There are elements of the policy that provide optional and custom coverage for any strtuctural or permanent cosmetic changes or upgrades that you have made such as adding crown molding , replacing flooring , installing cabinets or changing counter tops etc. . These should all be discussed in order to design a policy that best meets your needs .


Input: Do I Need Home Insurance For A Condo?

Output: You might need it if required , but its still a good idea to get it even if not required . When would you be required to get condo insurance ? Sometimes the condo association/HOA requires you to get it when buying the condo . If you had the condo for a while , you will find that you might be required to get it now that you are refinancing your loan through a mortgage company since mortgage guidelines have changed -LRB- which I see a lot -RRB- . Its still a good idea to get it because it provides coverage for your personal items and for the internal items of your property that you improve -LRB- known as betterments . -RRB- It basically fills in the holes and supplements the policy the condo association has on the entire building . Talk to your agent because there are a lot of important reasons to have condo insurance , such as for loss assessment -LRB- commonly found with condos and townhomes -RRB- , losses caused by a neighbor that does NOT have insurance , or losses happening because of your own doing . The insurance only costs $ 100 - $ 400 per year depending on what you need . Protect your investment and get the coverage , even if it isnt required .


Input: What Is The Best Way To Get Health Insurance When Unemployed?

Output: There may be a couple of different options for you . The first option being Cobra which is a continuation of your employers coverage but usually at quite a substantial increase in premium which could be hard to pay for the unemployed . The second option would be to get coverage through the Marketplace , healthcare.gov and apply for a subsidy . Unemployment Income does count as an eligible income and as long as it is around $ 11,700 for an individual then you would most likely qualify . The subsidy from the government can be applied directly to your monthly premium and would pay all or most of the monthley premium , in most cases . The third option if you do not qualify for a subsidy would be Medicaid . Medicaid is administered through each state and overseen by CMS . Your best option is going to be trying to get help with a subsidy and buying a plan through the Marketplace . Also , if you do qualify for that subsidy then you want to go with a Silver Plan because they also come with cost sharing which lower your co-pays , coinsurance , and out of pocket maximums . Please contact me and I will help you enroll in a plan and help you with the Marketplace application or go to rocoinsurance.com Good Luck


Input: Does My Auto Insurance Policy Transfer If We Move To A New State?

Output: You will need a new vehicle registration in Texas and with it a new Texas policy . there are honestly some differences in coverage that are routine in Texas and not so much in Georgia . For example in Texas you typically can buy PIP which is Personal Injury Protection which affords you and your passengers some coverages including wage loss that are not usually offered in GA. . In Ga most folks have medical payments coverage in lieu of PIP . It is not the same but is more limited . Keep in mind that much of auto insurance revolves around complying with state law . The DMV in both states gets a data feed form the companies on policies as they incept and as they are cancelled . With the situation you describe I think our agency may uniquely able to assist you . We currently are licensed in both states and can assist with your transition . So give us a call 1 - 866-933-4372


Input: What Does Dave Ramsey Think About Variable Annuities?

Output: In the past , David Ramsey has indicated that he feels variable annuities are very misunderstood.He feels you just be debt-free before considering this type of contract . But what 's best for you ? Not a TV or radio personality . A local experienced financial planner that can sit down with you and discuss YOUR specific needs , not those in a radio audience .


Input: What Are The Functions Of Life Insurance?

Output: Some functions of life insurance are : 1 -RRB- To replace lost income upon the death of a financial provider . 2 -RRB- To replace lost services provided by the person who died . 3 -RRB- To provide financial support to carry survivors through a time of transition and grief . 4 -RRB- To provide money for a business to find and train a new key employee . 5 -RRB- To buy a share of a business when one partner dies . 6 -RRB- To pay off loans or other debt , rather than leave them to survivors to repay . 7 -RRB- To borrow from cash value for college , retirement , or other expenses . 8 -RRB- To pass an estate from one generation to the next in a tax favorable manner . 9 -RRB- To give to charity . 10 -RRB- To pay for funeral , burial , and other final expenses .


Input: How To Withdraw Money From Ing Retirement Plan?

Output: Contact ING and request documents to execute to withdraw money from a retirement plan . It depends if it is an IRA or 401 -LRB- k -RRB- and if you are over 59 1/2 or not . If you want to withdraw funds from a 401 -LRB- k -RRB- plan you can only withdraw money that you put it or is vested in a company plan . If you take the money out before you reach retirement age you will pay a penalty of , I believe , 10 % and have to pay taxes on the income . You may be better served to take a loan out if it is permitted .


Input: Is Aflac Disability Insurance?

Output: Yes , Aflac does offer Disability Insurance , but only though employers . Contatc me me you would like your company to offer Aflac to their emplyees .


Input: Is Aflac Disability Insurance?

Output: No . AFLAC is a supplementary insurance products insurance company that offers a variety of supplementary and voluntary insurance products . One of the products in their portfolio is a disability insurance product . But , AFLAC offers other lines of coverage such as accident policies , cancer policies , critical illness policies and life insurance policies .


Input: What Are Some Good Questions To Ask When Buying Homeowners Insurance?

Output: The are several variables to consider when purchasing home insurance . The first step is to determine the Replacement Cost of your home . Replacement Cost is not the purchase price or assessed value but rather the cost to rebuild your home . Next you want to review the other lines of coverage and make sure these limits meet your needs . After this you should ask what optional coverages are available such as Water/Sewer Back up , Ordinance and Law , Personal Injury , Identity Theft , Extended Replacement Cost or Guaranteed Replacement Cost . One policy does not fit all and there can be a big difference in coverages from one company to the next so make sure you take the time necessary to protect your home .


Input: Why Should I Have Disability Insurance?

Output: It 's important to ask yourself , `` If I become disabled , how long can I go without a paycheck ? '' Disability insurance is basically paycheck protection . Should you become sick or injured and can no longer work , it will pay monthly benefits for a pre-determined amount of time . For most people , their savings would not allow them to sustain their current lifestyle for very long .


Input: Why Should I Have Disability Insurance?

Output: Disability insurance is paycheck protection . The most significant valued asset in every household is human value , the ability to earn money . Protecting your paycheck is one of the highest priorities in defensive planning . Depending upon your gender , age , smoking status , health history and current medical condition , you may pay between 3 and 5 % of your compensation with disability insurance .


Input: Does Life Insurance Have To Be Used To Pay A Deceased Person'S Bills?

Output: Life insurance does not have to be used to pay a deceased person 's bills if the beneficiary is a person . If the beneficiary is the deceased person 's estate , the life insurance proceeds will most likely go through probate , at which time they become a target for bill collectors . Also , if the policy proceeds are assigned to a funeral home or other lender , these institutions are able to take their share of the policy proceeds first .


Input: Does Life Insurance Have To Be Used To Pay A Deceased Person'S Bills?

Output: Does life insurance have to be used to pay a deceased person 's bills ? Only if required by the courts or as stated in the beneficiary declarations . Usually the beneficiary can do what ever they choose to do with the proceeds from a death benefit check . It 's then up to the beneficary at that point .


Input: Who Is The Cheapest Health Insurance?

Output: There is no single answer to your question . Health insurance costs will vary from state to state . The costs can even vary from one area within a state to another area in the same state . The costs will vary from one insurance carrier to another . The costs will vary depending upon the level of benefits -LRB- coverage -RRB- you select . And then this does not take into consideration the government health insurance marketplaces and whether or not you might qualify for a premium tax subsidy which could significantly impact the net cost you would pay . You should seek out an experienced health insurance agent to help you define your needs and determine what health insurance plan is best for you . Price should only be one of the considerations in your decision as to the health insurance coverage you purchase .


Input: Does Home Insurance Cover Televisions?

Output: MOST homeowner policies cover televisons under the Personal Effects or Unscheduled Personal Property . They are covered just like any other personal item on an unscheduled basis . YOu might want to check with your agent to assure that you have Replacement Coverage on your contents . This way , the company pays to REPLACE your damaged items based on the REPLACEMENT cost - NOT the ACV -LRB- Actual Cash Value -RRB- - which is REPLACEMENT COST minus DEPRECIATION . Then the loss would be covered subject to your deductible . If someone stole your television worth a $ 1000 and you had a deductible of $ 2000 ... you would n't have any coverage since the loss is LESS than your deductible .


Input: What Is Indemnity Long Term Care Insurance?

Output: Indemnity Long Term Care Insurance will pay you the money stated in your policy when you become eligible for receiving long term care benefits . Rather than reimburse the institution or person providing the care , it will pay -LRB- indemnify -RRB- you the money so that you can pay those bills . If there is some left over , you can spend it as you wish .


Input: What Health Insurance Covers In Vitro?

Output: Most health insurance plans do not cover In Vitro or any other infertility treatment . Most ART procedures are considered elective . Fifteen states have insurance mandates requiring some coverage for infertility . Nine of those state mandates include IVF . All the mandates are full of exceptions and loopholes . If your employer is headquartered in one of those states , your group health plan may be subject to the mandate . Your alternative is to purchase the best possible coverage for a hopeful pregnancy : primary health insurance , short term disability , and hospital indemnity .


Input: Should I Take A 15 Years Term Life Insurance?

Output: First things first , this does not sound like a `` term '' policy . A term policy includes a paid premium and at the end of the designated time of coverage , the policy `` terms '' or cancels . Many policies will offer a guaranteed continuation of coverage , however this is at a MUCH higher rate than the term portion of the policy . What you are explaining sounds some what like a Universal Life policy with a guaranteed premium of 15 years . With the way interest rates are today , I find it hard to believe you would receive $ 50,000 at the end of the `` term '' , regardless of what kind of policy it is . The one thing to remember , is any insurance policy which offers guaranteed pay outs are based on assumptions in the market . My golden rule when selling life insurance is if you need it for debt , pay ONLY for term coverage . If you need it for income replacement or final expenses , go with whole life . Only if you have the money to spare on not so risky `` investments '' , is a Universal Life policy fitting . -LRB- My opinion only and sure to be argued by other agents . -RRB-


Input: Should I Take A 15 Years Term Life Insurance?

Output: What you are describing is not term insurance . I usually recommend term insurance to pay off specific items such as mortgages and college education funding for children . I recommend a smaller face amount permanent policy to take care of final expenses and income . Every person 's situation is different . I would recommend you revisit exactly what you want the life insurance to accomplish .


Input: Should I Take A 15 Years Term Life Insurance?

Output: You need to provide more information , such as your age , health condition , and work situation for starters . No one can advise you based on the limited information you have provided and would be foolish to do so . This is a common mistake most agents make . There could be 10 reasons why you should or why you should n't buy this policy off the top of my head . Who is the carrier ? Please provide the reason you inquired in the first place , and what you hope to accomplish down the road by owning life insurance . The answers may seem obvious , but you would be surprised how things could look quite different once you organize your thoughts .


Input: Should I Take A 15 Years Term Life Insurance?

Output: Let me offer just a comment of a Life Insurance Truism : Life insurance will never be less expensive than the day you buy it . What ever type you decide upon -LRB- and there are lots of choices out there -RRB- but buy what you can afford as early in Life as you are financially able to do so . Every day you live you are one day older and moving toward higher costs that are naturally dependent on age .


Input: Should I Take A 15 Years Term Life Insurance?

Output: The vast majority of folks with term , do not keep it to the end of the term but let it lapse . Thus you find yourself starting to look all over again . If you can not yet afford Whole , I suggest you start with term for 10 years and then convert with a company you trust . The older you get the harder and more expensive it becomes . New York Life has just announced a reduction in price in its 10 year level term policies , which can convert to Whole Life .


Input: Should I Take A 15 Years Term Life Insurance?

Output: There are some new life products that offer a return of premium and other features that they call living benefits but your description does n't quite fit what I have seen . Like the others who have responded , more information is needed to give you a better answer . Think about what your goals are for the protection and ask again with more information so the agents can better advise you .


Input: Should I Take A 15 Years Term Life Insurance?

Output: If you understand the `` present value '' of a dollar vs. `` future value '' of a dollar then you realize that when you are working with a policy that says you pay this premium for X years then you do not have to pay the premiums for years 10-13 or what ever , they are simply having you pay inflated costs today so that you are prepaying those costs today . What is your objective ? Is it short term or long term ? If it is short term then buy a term policy from a reputable company . If it is long term then buy a whole life policy from a reputable company that has a history of delivering the rates they quote .


Input: Should I Take A 15 Years Term Life Insurance?

Output: There are many good responses to your question however , there is one IMPORTANT question that you should ask yourself first ; What is the goal ? Are you in need of insurance to protect your family or estate from debt ? If so , is it for a fixed period of time ? Can you easily afford premium payments ? If this is the case , a traditional term policy would be useful . Term policies offer lowerannual premium costscompared to permanent life products as they most likely are covering you for a period of time that will pass before you are actuarially expected to die . This productdoes not solve this problem . Are you in need of insurance in order to leave money behind for a loved one or charity when you die ? In this case , a permanent life policy is the way to go . Depending on your needs , you can choose Whole Life or Universal Life products , both offering you a cash accumulation feature that can be accessed for a loan or one-time withdrawal to pay for unexpected expenses . Obtaining these policies at a younger age , allows for a longer period of cash accumulation , offsetting your premiums in the future . Further , Universal Life products allow you a flexibility in how much you pay and when , provided that you have sufficient cash value in the policy . Are you looking for a low-risk , tax-deferred investment vehicle ? Again , in this case a Universal Life product -LRB- UL -RRB- , including an Indexed UL will give you the benefit of tax-free -LRB- deferred until you withdraw cash -RRB- growth of your money , indexed to the stock markets , with downside protection or guaranteed minimum growth on your cash . The added benefit is that your death benefit will always be in excess of your policy value , therefore protecting the policy beneficiary in the event that you pass unexpectedly . FURTHER , depending upon whether you set up an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- , this is a way to move money out of your taxable estate , grow at a conservative rate and pass to your heirs tax free ! If you are looking for a get rich plan , make sure you have a qualified financial advisor not linked to the soliciting agent , review the proposed product . Being fixed on the opportunity to make money may distract you from the fee-loaded policy charges or the less-than-attractive , actual return on your money at the end of the day !


Input: Should I Take A 15 Years Term Life Insurance?

Output: A term policy is for a Term 1 , 5 , 10 15 , 20 25 , 30 years . Sounds like a whole life or a Ul policy . Need more info from you . Need your age , DOB , where you live . Your health is it good or bad . Do you smoke or not . Most of all , What do you need it for ??????


Input: Should I Take A 15 Years Term Life Insurance?

Output: I can obtain for you New York Life Level Term Policies now , for 10 years , at a substantially reduced rate . I an also obtain 15 or 20 year term at low rates . Would n't you rather be with an excellent company , with high ratings , and know prompt payment could be made ? You might also consider New York Life 's Universal Life , and end up getting Life Insurance down the road for FREE . This is also an option with our Whole Life Permanent Insurance .


Input: Does Renters Insurance Cover A Stolen Laptop?

Output: A renters policy provides limited coverage for electronic equipment , programs and recording media . That limit is reduced if the equipment is being used by a student who is living away from the primary residence . Please understand that your computer may have unique programs or data which will not be covered because it can not be replaced -LRB- photos are an example . -RRB- If your computer is normally in the insured residence but was away from the premises when the theft occurred the amount of coverage is reduced . The adjusted claim will reimburse to the electronic equipment limit the amount that exceeds the deductible on the policy .


Input: Does Renters Insurance Cover A Stolen Laptop?

Output: Talk to your Insurance Professional about the terms and conditions of your particular policy , but yes , under most circumstances , there would be coverage for this type of loss . It is more than likely that you would have to file a stolen property report with the local Police and obtain a copy of that report to submit to your insurance company . Understand that your policy may have specific `` inside limits '' for computers which might cap the settlement amount . Also keep in mind that any such loss settlement would be subject to your policy 's property deductible .


Input: Does Renters Insurance Cover A Stolen Laptop?

Output: Great question ! The answer depends upon a couple of things - your policies coverage , and where the laptop was when it was stolen . If it was taken from your apartment , then it generally will be . If it was in your car , parked in the apartment parking lot , there 's a good chance that you can get it replaced . If it was stolen at school , or you left it on a bus somewhere , that might be a whole lot harder to get back . I 'd advise you to contact your agent and tell them the story , and see what exactly your policy covers . Good luck ! Thanks for asking !


Input: What Is The Best Medicare Part D Plan For Me?

Output: The `` best '' Medicare drug plan is the one that fits your needs and budget . Sometimes paying more will result in lower total annual costs , sometimes not . I have a husband and wife as clients . Husband takes about a dozen drugs , some quite expensive . The wife takes 4 drugs and none of them are terribly pricey but they are not $ 4 generics either . As it turns out the `` best '' plan for her runs about $ 80 per month while his plan -LRB- coincidentally with the same carrier -RRB- is about $ 50 per month . If she chose a lower priced plan her total annual costs would rise by several hundred dollars . If he opted for the more expensive plan like she has , his total annual outlay would also increase . The formulary is the driving factor in both these situations .


Input: What Is The Best Medicare Part D Plan For Me?

Output: Deciding on your best Part D plan is based on your medicines , local pharmacies , and total out of pocket costs . Each plan offers their own formularies -LRB- list of drugs each plan covers -RRB- . Some plans may have a wide selection of generics , but a more limited selection of name brands . This helps keep their premiums down . Some plans have open formularies -LRB- not many available now -RRB- . An open formulary must take on any newly approved drugs from Medicare . With many of the newly approved drugs being biological -LRB- read expensive -RRB- , this can cause the premiums for open plans to be much higher . In order to determine what is best for you , you would need to provide a list of medicines , dosages , frequencies , and desired local pharmacy to your broker . The broker can run a comparison and determine what 's best for you . Most states have over 25 plans to choose from . Selection of the pharmacy can also add additional savings . Some plans offer free generics from certain pharmacies . The plans are often associated with the big chain pharmacies .


Input: Is Homeowners Insurance Deductible On Federal Taxes?

Output: This is really a question for an accountant . Insurance on a residence is not deductible . If the house is used as a rental , the insurance would be deductible . If you depreciate your house for business purposes , a portion of the premium might be deductible . This is really a question for a tax advisor .


Input: Who Underwrites Progressive Homeowners Insurance?

Output: I believe there are many companies that underwrite for Progressive . Progressive lists the following companies at WEBSITELINK Homesite Insurance Group Website : WEBSITELINK Phone : 866-960-8609 IDS Property Casualty Insurance Company Website : WEBSITELINK Phone : 888-892-0824 Assurant Website : WEBSITELINK Phone : 866-208-0978 All Risks , LTD Website : WEBSITELINK Phone : 888-309-9176 QBE Insurance Corporation Website : WEBSITELINK Phone : 888-309-9176 American Strategic Insurance Corp Website : WEBSITELINK Phone : 888-309-9176 Occidental Fire and Casualty Company of North Carolina Website : WEBSITELINK Phone : 888-309-9176 First American Property and Casualty Insurance Group Website : WEBSITELINK Phone : 888-309-9176


Input: How Does A Homemaker Save For Retirement?

Output: That is my favorite question of the week , hands down ! What an excellent question ! The first place to start is to figure out where your money is going , and eliminate or cut back on those places where it does n't need to go . Maybe you find that you 're dining out 6 nights a week , and that it is a significant amount of your paycheck . Cut back on the number of nights , or go to less expensive places . Put together a budget , and stick to it . Take the money that you now find extra , and use it to create a stable financial foundation for yourself - create an emergency fund , pay down your debt , and start investing the rest . Once you 've created a stable platform to work from , you can be more aggressive with your long range financial plan . It will all start with knowing where your money is going , and how to make it go where you need it to , instead of where it is going now . Be the steward of your money , not its slave . Great question ! Thanks for asking !


Input: How Does A Homemaker Save For Retirement?

Output: The way I did it was to live frugally . While living on one paycheck , my husband and I still tried to put some money in savings , which then grew to be able to be put in some more aggressive investments . Aside from that , you could take on a small job that you can do from home , and set that income aside for retirement . It seems daunting at first , but every little bit helps and adds up .


Input: How Does A Homemaker Save For Retirement?

Output: During your earlier years you can set aside money and develop financial capital for your retirement . You are allowed to make annual contributions to an IRA or Roth IRA . However , a homemaker has a great deal of personal capital . You can do so many things and will be able to do many of them into the later phases of your life . If there is something you do particularly well , like bake pies that can be developed into a boutique business .


Input: Which States Require Disability Insurance?

Output: The states of California , Hawaii , New Jersey , New York , and Rhode Island require disability insurance to be provided to state residents for income provision due to non-work related disabilities . Puerto Rico also has a disability insurance requirement .


Input: Can You Get Health Insurance With HPV?

Output: After January 1 , 2014 the answer to your question is `` Yes '' . Health insurance policies now must cover pre-existing conditions immediately and you can not be declined for coverage due to a pre-existing health condition . Under the preventive care requirements of the health care reform law , coverage for vaccination for HPV is a mandated benefit that is to be covered at no cost to the insured person .


Input: Who Pays Renters Insurance?

Output: As is the case with most insurance , the insured is the person who pays the premium for renters insurance under most conditions . It could be an interested , benevolent , third person , however , that would not be normal . Under most circumstances it wouldnt be the landlord , unless he is using a renters policy as an inducement to lease the property .


Input: How To Shop For Renters Insurance?

Output: The first step is to select a competent insurance agent . Get referrals from your friends , colleagues or neighbors . A competent agent will listen to you , provide sound financial advice and communicate clearly with both you and the insurance company . This agent will help you select appropriate limits to provide adequate coverage .


Input: Is Life Insurance Taxable To The Beneficiary In North Carolina?

Output: Generally speaking , beneficiaries receive tax free death benefit proceeds from a life insurance policy at the demise of the policy insured . There are circumstances where life insurance death benefit proceeds are exposed to estate tax or in rare cases the alternative minimum tax . Most states have lower exemptions for estate transfer tax than the federal unified credit .


Input: Is Life Insurance Taxable To The Beneficiary In North Carolina?

Output: Generally speaking Most insurance policies are not taxed if the beneficiary takes it out in a lump sum . There are situations where life insurance death benefits are exposed to estate tax or very few cases minimum tax depending on the State . The best way to check with your Tax adviser when its is used for Long term care purposes or needs not specific to insurance needs .


Input: Is Life Insurance Taxable To The Beneficiary In North Carolina?

Output: When the Beneficiary of a life insurance policy in North Carolina receives life insurance proceeds upon the death of the Insured , normally , there is no income tax imputed . Federal estate taxes will apply for estates over $ 5,250,000 . The state estate tax in North Carolina was repealed in 2013 , so that residents of North Carolina who pass away after 1-1-2013 are exempt from state estate taxes .


Input: Can I Drive Another Car If I Have Comprehensive Insurance?

Output: I 'm afraid you have confused what comprehensive insurance means . In regards to comprehensive insurance , `` comprehensive '' is a component of auto insurance , but not a type of insurance . comprehensive coverage protects your vehicle from losses that occur by means other than collision . Examples include theft , vandalism , weather damage , hitting a deer , etc. . As far as borrowing someone else 's vehicle , your auto insurance does n't cover you . Their insurance does . That is , auto insurance always follows the vehicle , not the driver .


Input: Why Should I Not Buy Long Term Care Insurance?

Output: You should not buy long term care insurance if your income or assets are not high enough to justify the cost . If you are renting a home , own no other property , have very little in savings and no investments , it would not take a very long nursing home stay to deplete your assets to the level where you can start going on Medicaid . Rather than sacrifice quality of life to pay long term care insurance premiums , it would be better to not buy long term insurance , in my opinion .


Input: How Does Life Insurance Work When Someone Dies?

Output: When the insured of a life insurance policy dies , the primary beneficiary -LRB- ies -RRB- of the policy can make a claim on the death benefit . To file a claim , the carrier will generally require a claim form and a copy of the death certificate of the insured before they can pay the proceeds of the policy - some carriers may have additional requirements , varies by company . The beneficiary will generally have a couple of options on how to receive the benefits including being delivered a check for the amount or the carrier setting up a savings account with the proceeds for you to withdraw from at your leisure .


Input: How Does Life Insurance Work When Someone Dies?

Output: When the policy owner or holderof the life insurance policy dies it is up to the beneficiary to make a claim . There are two levels of beneficiaries , the first is the primary which can be more than one person or company . The next level is the contingent beneficiary . This level of benefit is only paid if the primary beneficiary were to die prior or at the same time as the policy holder . The procedure is fairly simple . Contact the insurance company and ask for a death claim form which is usually one or two pages . Submit the form along with a certified copy of the death certificate and the proceeds will be released in a very timely manner .


Input: How Does Life Insurance Work When Someone Dies?

Output: When the insured person of a life insurance policy dies , someone must report it to the life insurance company . They usually have a phone option for death claims and are very helpful in getting you the paperwork needed . When my father died a couple of years ago , the funeral home took care of that request . You will need to order a certified death certificate to send to the insurance company . When you get that and have the paperwork ready , send them all together to the insurance company . They will send you a check for the lump sum , or you can take the death benefit on a payment plan and spread them out over a number of years .


Input: What Is Home Insurance Emergency Cover?

Output: There is a type of coverage available in the United Kingdom that is known as Home Emergency insurance . The policies provide coverage in rather specific areas , such as boilers , plumbing and drainage . The premiums are usually quite affordable . This is not the comprehensive homeowners insurance that is popular in the United States . This form of coverage would not likely satisfy a lender .


Input: How Much Is Health Insurance For Two People?

Output: It depends which two people you are referring to . Naturally , ahusbandand wife in their 60s will cost much more than a young couple in their 20s or a single parent in their 30s with a child . Zip code , smoking status and type of plan will impact prices as well . As brokers , we need specificinformationbefore we shop all of the top-rated carriers and provide consumers with the best rates . Once we have that information , it 's easy to show rates for different types of coverage .


Input: How Much Is A Mutual Fund?

Output: How much a mutual is , depends on how much you wish to invest . Mutual funds have varying minimum deposits for lump sum and monthly contribution . The minimum amount can be as low as $ 25 or $ 50 on monthly basis . Lump sum initial deposits can vary from $ 1,000 to $ 100,000 or more . There is usually no maximum amount . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: How Much Should Health Insurance Cost?

Output: How much you should be paying is a hard figure to try and quantify . 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 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 . You may be able to qualify for a subsidy that can be used to reduce the cost of your health insurance premiums . I always recommend consulting with an experienced broker . We can help you determine the plan that 's going to be most suitable for your needs and budget . Please feel free to contact me for further assistance . Thanks very much .


Input: What Are Some Reasons Why Life Insurance Is Denied?

Output: Life insurance is a policy that your money pays for but your health is what buys it . The healthier you are the better the rate . As health issues surface we go down the line of insurability until we finally can not be approved for anything but a guaranteed issue plan . Companies will look at the whole picture . For example , a person with controlled high blood pressure and no health issues may get standard rates . A person who is overweight and has high blood pressure may receive a higher rate than standard and a person who has high blood pressure , is overweight , smokes , and is on heart medication may be declined . A good life insurance agent can help you find an affordable plan and help guide you .


Input: What Are Some Reasons Why Life Insurance Is Denied?

Output: Some reasons why life insurance is denied : 1 -RRB- You applied for a policy for which you do not qualify due to a medical condition , being overweight or underweight per the policy guidelines , or are out of the age limits of the policy . 2 -RRB- You are not a US citizen or do not have a green card or work visa . 3 -RRB- You do not have any income coming in and do not qualify for the face amount for which you applied . 4 -RRB- Your doctor did not provide the medical records requested by the underwriter . 5 -RRB- Your blood test showed very high glucose or cholesterol or elevated blood pressure . 6 -RRB- You never heard back from the agency that took your application , possibly not being able to provide essential information requested by the life insurance company that would have been simple to give , had you known . To avoid declines , contact an agency that will provide good customer service and also put you with the right policy to start with . Many declines are avoidable .


Input: What Are Some Reasons Why Life Insurance Is Denied?

Output: I find that the number one reason why people get declined for coverage is poor control . They can have a legal , criminal , financial , or motor vehicle issue . They can have abnormalities on blood tests . They can have a crazy lifestyle in which they climb mountains , race cars , or dive 300 feet into the ocean . They can even have a history of cancer , diabetes , or heart disease . The fact of the matter is that some life insurance company would probably want to make them an offer . -LRB- Of course , it would also want to slap them with some extra premium . -RRB- BUT : Control is key . There must be compliance with a prescribed regimen . Safety procedures must be in place with lifestyle issues . They must appear like a stable person with regards to how they run their life and treat themselves . That tilts the odds heavily in their favor .


Input: Who Took Over Philadelphia Life Insurance Company?

Output: Philadelphia American Life Insurance Company still shows an address in Houston , TX , lists principals of the company , and has an AM Best rating last updated in March , 2013 . New Era Enterprises Inc is noted by AM Best as the AMB Ultimate Parent company of Philadelphia American Life Insurance Company .


Input: Do Annuities Have Required Minimum Distributions?

Output: Qualified plans have required minimum distributions . Non-qualified annuities do not have required minimum distributions . However once an annuity is used as a product inside a qualified plan , the annuity is now qualified and subject to the required minimum distribution rules . Required minimum distributions start at age 70 .


Input: How To Surrender Kotak Life Insurance Policy?

Output: The best way to surrender any life insurance policy is to contact a trusted agent , discuss all your options , and then have your agent provide you with the proper paperwork . You can avoid making costly mistakes by contacting a professional to help you with this decision , and with the process of surrendering a life insurance policy .


Input: How To Choose Auto Insurance Coverage Limits?

Output: This is the most important question a person can ask about auto insurance . Your liability limits are critical . The rule of thumb is to estimate your net worth and add two years of income . The problem is that a claim could easily exceed that . A recent accident resulted in almost a $ 1 million settlement . It is doubtful that person had that much insurance . That much insurance is , however , available and not very expensive . In combination with an umbrella you could have in excess of $ 2 million in liability coverage . When selecting uninsured motorist limits you need to select limits that reflect how important those riding inside your car are . You may well want to match your uninsured motorist limit to your bodily injury limits . When selecting the deductibles for the comprehensive and collision insurance you will find that the differences in price are not great . I recommend taking a $ 1000 deductible for both comprehensive and collision .


Input: What Is Term Length In Life Insurance?

Output: The term length question is in regards to term life insurance . The term is a contract between the policy owner and the insurance company . The life insurance company will contractually promise to guarantee a level rate for a number of years as long as the owner agrees to pay their premiums . This rate is fixed regardless of change in health , occupation or residence . Terms can go from year to year to 35 years .


Input: What Is Term Length In Life Insurance?

Output: Term length is the number of years that the policy will stay in-force at the same premium . Typical term lengths are 10 , 15 , 20 , 25 , or 30 years . Some companies will allow a different or even a longer term length . Some policies allow you to continue coverage past the end of the term , but the premiums increase to a much higher amount .


Input: What Is Term Length In Life Insurance?

Output: Term length in life insurance means the number of years that the policy will stay in effect at the same premium . E.g. . A 10 year Term policy will stay at the same price for 10 years ; a 30 year Term policy is assumed to stay at the same price for 30 years . However , some policies will guarantee that the premium stays the same for part of the term and does not guarantee that it will stay the same for the remainder of the term . It is important to make sure that your premium is guaranteed not to go up for the entire term , whether that be 10 , 20 , 30 years or some other term length .


Input: Does Renters Insurance Cover Vandalism?

Output: The exterior of the unit is not the responsibility of the tenant . If there is vandalism to the exterior , the landlord is responsible to repair the damage . If somehow , the vandals entered the residence and did damage to the interior , which would be covered under the provisions of most renters policies .


Input: Does Renters Insurance Cover Vandalism?

Output: It is a good idea to talk to your Insurance Professional in order to completely understand the terms and conditions of your policy . That having been said , in most standard renters insurance policies , vandalism is included among the covered perils for which you would have protection . Should you ever have to file a claim with your insurance company for this , it would be a good idea to first report the loss to the police and obtain an incident report as your Claims Professional will need to see this .


Input: Does Home Insurance Cover Shower Leaks?

Output: It May cover a leak from your shower depending on what happened , and how , but also depending on what type of policy you purchased . If you purchased a very basic policy then you will probably not have coverage for water leaks , the more deluxe policy forms usually do cover for water leaks . Send me an email if you have questions at WEBSITELINK


Input: Does Home Insurance Cover Shower Leaks?

Output: A homeowners policy covers damage that are caused by perils . The perils are listed in the contract . If the shower is leaking because of damage caused by one of the perils , it should be covered . If the shower is leaking because of fair wear and tear , that is generally excluded . The homeowners policy does not cover routine maintenance items .


Input: Does Wells Fargo Offer Life Insurance?

Output: Some investment brokers from firms like Wells Fargo happen to have a life insurance license so they can offer variable annuities to their clients but they tend to not use it for life insurance . While a few may actively sell life insurance most do not . Access to insurance companies and products may be limited at these firms . Insurance is a complex financial product requiring a planning expertise that most investment brokers do not have . If you need insurance advice I suggest that you seek out the services of a life insurance professional .


Input: Where Is The Best Place To Save For Retirement?

Output: Where the best place to save for your retirement depends on your situation . As a general rule though a plan that has tax deferral is best . That will allow you to receive the full effect of compound interest or growth . In Canada plans like Registered Retirement Savings Plans -LRB- RRSP -RRB- are tax deductible and provide tax deferred growth , they are designed specifically for retirement savings . The income is taxable when it is withdrawn . If you have a plan where your employer will contribute and perhaps match your contributions . It might a Registered Pension Plan or towards your RRSP , regardless that is hard to beat . Other option is a Tax Free Savings Account -LRB- TFSA -RRB- where the contributions are not deductible , but have Tax Free growth and the money is not taxed on withdrawal . There is no cookie cutter plan or product that is best . I really depends on your individual objectives . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community .


Input: Can I Write Off Disability Insurance Premiums?

Output: The answer to your question is no and yes but still pretty much no . The most effective way to structure a DI policy is after through a funding arangement that uses after tax dollars to fund the policies premiums . The reasoning is that one is investing in a DI policy to reduce the financial impact that one occurs due to either a short-term disability , a long-term disability or some merging of the two . The DI policy will be subject to state and federal taxes , either one pays with `` post-tax '' dollars which have been subject to FICA/FUTA taxes and have the benefits payed without without extra tax concerns -LRB- however the benefits will be reported and taxed as income -RRB- , or one can structure DI that are offered as a employee benefit with pre-tax funding but with increased liabilities to ones benefits -LRB- reporting is the same -RRB- . The opportunity cost of delaying that additional tax obligation does not carry with it enough benefits to offset the disadvantages . If your question is simply can you include DI premiums as qualified medical expenses that would be put them into IRC Section 213 `` tax-advantaged '' status , no you can not .


Input: Does Health Insurance Cover Orthognathic Surgery?

Output: This procedure exists in one of those gray areas and the answer will differ depending upon the underlying need for this surgery to the jaw . From a health insurance perspective the key issue is whether the terms `` medical necessity '' versus `` cosmetic '' apply to the need for this surgery . If a clear case for medical necessity for this procedure is established you can generally expect most health insurance plans to cover it . However , the line between medically necessary and cosmetic can often be in the eye of the beholder so you should not expect a health insurance company to routinely approve such a procedure and you should definitely not proceed with scheduling such a procedure without checking with your health insurer first and getting clear approval . Often the insurance carrier will want written documentation from one or more health care providers that there is a medical necessity for this procedure to be performed . It is also likely that the insurance carrier will want to make sure that other , less drastic approaches have been exhausted before they will approve this procedure . Some of these options may include orthodontia treatment which will fall under the coverage of dental insurance -LRB- if you have it -RRB- not your health insurance . As a general rule , just because the jaw issue leads to a misalignment that may keep you off of a magazine cover or presents the member with self-image problems will not be seen as justification for covering this procedure .


Input: I Am 62 Can I Get Medicare?

Output: If you 're under 65 , you may be eligible for Medicare if you 're on disability -LRB- and have been for at least 24 months -RRB- or have end-stage renal disease -LRB- ESRD -RRB- . The main way people qualify for Medicare is to by turning 65 year sold . You can complete the application process as early as age 64 and 9 months . Many individuals will qualify for premium-free Part A - you have the option of signing up for Part B as well , however , Part B requires a monthly premium .


Input: What Life Insurance Term Should I Get?

Output: I recommend locating an Independent agent who specializes in Life Insurance to determine which term policy best suits your needs and budget . Also which length of term policy -LRB- 10,20,30 years -RRB- taking into account your immediate needs for coverage as well as in the future . This is time well spent in determining what is best for you ...


Input: What Life Insurance Term Should I Get?

Output: You should select a life insurance plan that provides the level of protection you need through the entire period that the potential for loss exists . If it is to cover the mortgage , then a policy tailored to pay the principal of the mortgage might be all that is needed . It is a human tendency to think that we wont suffer loss as we grow older . That is not necessarily true .


Input: What Life Insurance Term Should I Get?

Output: Knowing what life insurance term you should get is something you can best discern for yourself , when you understand how term life insurance is priced . When you purchase a term life insurance policy , you are usually locking in the premium so that it will not go up for a certain number of years . This can be as short as one year or as long as 30 + years . When you choose a longer term , you will find the price is much higher than the premium for a shorter term . That is because the policy is covering a greater risk as you get older . E.g. . If you are age 40 now and take out a 10 year term policy , that policy is only covering you to age 50 . If you take out a 30 year term policy , it is covering you to age 70 . The chance of your dying at age 70 is much greater than at age 50 . And life insurance costs are higher where there is greater risk of death . Term policies roughly average out the cost of insurance for each year you have the policy , and charge you that same price for the entire term . So in the first years of the policy , you are paying more than a person your age would be paying for that risk . In the latter years , you are paying less than a person that age would normally be paying . The advantage to longer terms really shows up when health is taken into account . You may have no trouble getting a preferred rating at age 40 . But to get rated preferred at age 50 or 60 is not as likely . Therefore , having a preferred rating locked in for 30 years offers a huge price advantage to the poor soul who gets rated preferred for a 10 year term policy at age 40 , standard at age 50 , and table 4 at age 60 . Getting longer terms is not for everyone . If you definitely only have a short term need , there is no reason to pay the higher cost of a longer term policy . But IF there is a chance you may need longer coverage , as you can see , locking it in while you are healthy is never a bad idea .