Input: What Is The Best Life Insurance In Nebraska?

Output: There are several online life insurance brokerage portals that maintain extensive search engines to display premium comparisons between the leading life insurance companies in the U.S. . The data input requires the state you live in to generate quotes.With the exception of the state of New York , the premiums differ little from state to state .


Input: Can A Nurse Practitioner Bill Medicare?

Output: Yes , The Balanced Budget act of 1997 loosened the guidelines a bit to allow a nurse practitioner the ability bill medicare separately and independently from a physician as long as certain criteria are being met . 1 . They are considered physicians ' services when furnished by an allopathic or osteopathic physician . 2 . Services are provided by a person that meets the definition of a nurse practitioner . 3 . They are not otherwise excluded from coverage by law . 4 . Services are performed in collaboration with a physician . 5 . State law must allow the services to be performed by a nurse practitioner .


Input: What Does Homeowners Insurance Provide?

Output: A homeowners policy is a legal contract . Your part is to pay the premium . The company guarantees to pay for damages to your property , both the residence and the contents when the damage is the result of specified perils -LRB- i.e. fire , wind etc. -RRB- up to the limits of the policy . There are specific perils that are excluded , most notably , flood and earthquake . There are also limits to recovery for certain types of property -LRB- i.e. fire arms , and Jewelry . -RRB- The policy also provides legal defense and payment of claims against you for personal injury and bodily damage lawsuits . The coverage is limited by the policy declarations . There are additional coverages such as debris removal , loss of rents , and others .


Input: Does Blue Cross Blue Shield Offer Life Insurance Products?

Output: Some Blue Cross plans will write life insurance , usually through a sister company . In South Carolina life insurance policies are issued through Companion Life Insurance Company . In Georgia , life insurance policies are written by Greater Georgia Life Insurance Company , Some Blue Cross companies are stock carriers , others are mutual , and a few are not-for-profit companies .


Input: Does Blue Cross Blue Shield Offer Life Insurance Products?

Output: Not usually directly . The Blue Cross Blue Shield companies I work with offer group life insurance through subsidiary companies . Usually group term life with accidental death and dismemberment coverage . I do n't know of any BCBS companies that directly offer life insurance as it may be against their tax status or state insurance regulations .


Input: Does Home Insurance Cover Animal Damage?

Output: The best answer I can provide is maybe . It really depends upon what damage is done by the animal and if it is your animal -LRB- i.e. pet -RRB- or a wild animal . Your animal & physical damage to your home : more than likely not , unless your carrier offers an endorsement against owned pet damage . I personally have never heard of this type of coverage , but that does n't mean it can not be found in the surplus lines market . Your animal & physical damage to another person or another home : sometimes yes . I say sometimes because if you have a breed of animal that is notorious for attacking people or causing damage your homeowners insurance will exclude it . However , if you have a breed that is typically docile and it randomly attacks a person or damages another person 's property your liability coverage will take care of it . Wild animal : more than likely not . If it is a rodent/pest then there is more than likely an exclusion in your policy . However , this exclusion might be something you could buy back -LRB- i.e. get coverage for -RRB- so check your policy . If it is something not considered a rodent/pest then it is very doubtful you have any coverage . I hope this helps .


Input: How Much Does An Agent Make On Life Insurance?

Output: That is an excellent question ! Insurance agents do not draw paychecks like normal people . They are paid a portion of what policies they are able to sell , and that amount is called a `` commission '' . The amount of that commission will depend upon the agents ' contract with the company , and upon the product that has been sold . There are also small payments made annually called `` residuals '' that are paid when people keep their policies in force over the years . This income can be very lucrative , if you are a good salesperson , and are very active in your sales work . I hope that helps , thanks for asking !


Input: How Much Does An Agent Make On Life Insurance?

Output: The short answer is it depends . There are many factors that goes into a life insurance agents paid commissions . There are different commission rates with different carriers . The main factor is how hard the agent works . If he or she writes a lot of business , then they will make a high 6 figure income and some make 7 figures . If they are not hard working aggressive folks then they will make a low 5 figure income or fail all together . It is a great living for the person with a good work ethic , high morals and character and the willingness to learn constantly .


Input: How Much Does An Agent Make On Life Insurance?

Output: This really is to broad of a question to answer . It depends on the agent 's contract with that particular carrier . Different carriers pay different amounts for different types of policies , and for different agents for those carriers . The one thing you can be sure of though is if an agent is selling a life insurance policy , they are getting paid for it .


Input: What Is True Term Life Insurance?

Output: What is `` true term life insurance '' ? Annual increasing premium term insurance is what fits the definition of true term life insurance . Annual increasing term is a one year premium , each year a new premium is created and year after year th cost rises to reflect the true cost of insurance . With AIPT you only pay for the actual premium for that period of time . There is no extra premium applied to be held in reserve to balance the cost . What most people , even the people who blast permanent insurance do n't realize is level term is a form of permanent insurance . Just a different time frame for the product . You overpay early to underpay later . The overpayment is invested early to help with the cost later , just like permanent .


Input: How Much Is Good Health Insurance?

Output: Good health insurance is a lot less expensive than bad health insurance . There are many bad policies out there . Some masquerade as health insurance but are really limited benefit plans or worse , just a discount . Some plans are major medical but only cover hospital inpatient care . Others may cover generic drugs only and maybe a few brand name drugs . If you buy one of the bad plans you wo n't have a problem until you really need it , then you will find out just how expensive the plan really is .


Input: How Much Does An Auto Insurance Broker Make?

Output: Great question . An insurance broker or agent makes their living on selling and servicing insurance policies . They make a small percentage on the sale of the new policy . it veries from each compay on the compensation rate agents make . Also it depends if they sell auto , home or life insurance .


Input: How Much Does An Auto Insurance Broker Make?

Output: I will supposed you are asking yearly income of an insurance Broker . The income is based on your effort and development and execution of your marketing plan . A broker can make any where from several thousand dollars a year to several millions a year if they are whole seller or specialize in large commercial accounts


Input: When I Can Withdraw Money From My 401K?

Output: Most people would want to wait until they are at least 59 1/2 years old to withdraw money from their 401k because that is the age when penalty free withdrawals can be taken . You can take withdrawals earlier , but there will be a 10 % penalty for early withdrawal . There are exceptions to the 59 1/2 age requirement : You become totally and permanently disabled . You terminate employment through permanent layoff , termination , quitting or taking early retirement in the year you turn 55 , or later . Pay for medical care up to the amount allowable as a medical expense deduction in the same year as the medical expense was incurred . Your withdrawal is a response to a qualified domestic relations order . You are required to begin 401k withdrawals by April 1 of the year following the year in which you turn 70 1/2 . Regardless of when you take your withdrawal from your 401k , the amount you take out will be taxed as ordinary income for that tax year . You should always seek out a qualified financial professional for help in these situations prior to taking action .


Input: How Long Should You Keep Life Insurance?

Output: If you have a Permanent life insurance policy that is is paid up , has cash value that continues to grow , and you do n't need the money now , you should probably keep it until death . If your policy is not building up as much cash value as you had hoped , you could review it with a trusted agent to see if there are better options , and get a projection of values of the policy so that you can make an educated decision . If Term insurance , you should keep it as long as you need it , or until the term ends . It is expensive to keep Term insurance past the date of the term 's end . So if you still need coverage at that time , either convert your policy to Permanent , or purchase a new Term policy before it reaches that point of exorbitant premiums .


Input: When To Stop Long Term Disability Insurance?

Output: Traditionally , long term disability coverage extends to age 65 . The older an executive is , the more important disability benefits are . Morbidity events increase with age , terminating coverage or considering the termination of coverage is a bad statistical move in light of mid life disability occurrences . Disability insurance should continue to retirement .


Input: Why Does My Landlord Want Me To Have Renters Insurance?

Output: I think that there are two reasons . The landlord wants you to understand fully that he is not responsible for your personal property that is in the rental unit . He is saying , if there is a fire and your things are destroyed , you are responsible , not the landlord . The second reason is liability for personal injury and property damage . If someone is injured in the unit you are responsible and need insurance to protect yourself .


Input: Why Does My Landlord Want Me To Have Renters Insurance?

Output: That is a great question ! There are a couple of reasons , one that favors you , and one that favors them . They want you to have renter 's insurance because it provides you with protection in the event that something were to happen that might cause you to suffer a loss of property . It also protects them , as it helps lower their insurance risk , and thus their bill . Thanks for asking !


Input: Does Life Insurance Go On Your W2?

Output: According to www.irs.gov , $ 50,000 or less of group-term life insurance that is carried directly or indirectly by the employer -LRB- meaning the employer pays for some or all of the life insurance for employees OR arranges for the premiums paid by at least one employee to subsidize the premium for at least one other employee -RRB- , does not have any tax consequences . Life insurance coverage over $ 50,000 that is carried directly or indirectly by the employer , will include on the W2 the amount of the premiums that is taxable to the employee . A policy that is not carried directly or indirectly by the employer has no tax consequences to the employee .


Input: Is Life Insurance A Good Investment?

Output: You know , and maybe it is just a difference in interpretation , but I have never looked upon Life Insurance as an investment vehicle . Life insurance is designed to provide financial protection for you in the event that you die early . It is a legacy of love that you can leave for your family . That having been said , permanent forms of Life Insurance do provide some level or type of cash accumulation that grows over the years and is not taxable so long as the proceeds stay in the policy . That along with other investment vehicles can provide a nioce growing nest egg while the real benefit of the Life Insurance is to protect that .


Input: Is Life Insurance A Good Investment?

Output: For a single premium a life insurance company will give your beneficiary thousands of times as much money . That seems to me to be a good investment . The discussion of the value of insurance as an investment comes from the fact that cash value life insurance has deferred taxation . That feature can be beneficial but under few circumstances will the total investment in a whole life policy equal the face amount or death benefit . It is quite frequent that your beneficiary will receive much more than the sum of your deposits .


Input: Is Life Insurance A Good Investment?

Output: Excellent question . Life insurance can be a great investment if it is used properly . Insurance , unlike stocks , has a guaranteed value . There are even some that will increase with inflation or as the stock market increases . It is very important to consider your current situation and determine if life insurance is the best investment for you . A financial advisor can help you look at all of your options .


Input: Is Life Insurance A Good Investment?

Output: Video Transcript : Today 's question is , `` Is life insurance a good investment ? '' Well , that 's a very controversial question . Depending upon what form of cash value life insurance you use , you could be using a participating whole life , you could be looking at current , assumption , interest rate , universal life , index universal life or variable life . All of those four different platforms require you to do a financial profile to make sure you understand your investment risk and the time horizon , which are very important to use this . They have tax advantages , there 's no doubt about that , but you need to make sure that you 're suitable for these products . Is it a good investment ? If it 's configured right , it can be great . If it 's not done correctly by design , it 's not going to really be a good deal . So , if it 's done correct , it could be a great supplemental part of your retirement plan that can really help you in your golden years and during your retirement period .


Input: Is Life Insurance A Good Investment?

Output: Is life insurance a good investment ? Well , it depends on if it fits your risk profile . I consider whole life insurance to be a part of my investment plan as whole life insurance offers a safe rate of return , ca n't go backwards in a down market and protects my family if I die before retirement . My whole life actually protects in retirement as when I die . That said , you will find whole life is absolutely the most boring financial product ever . Simply it does what it says it 's going to do , with no surprises along the way . Other investments shoot up , shoot down , stay flat and even fail . All which makes for great conversations over a beer . Life insurance ? Well , very few people brag about steady .


Input: Is Life Insurance A Good Investment?

Output: Good question and here 's the blanket answer : YES ! Life insurance is like buying future money at a big discount . However the type of life insurance and subsequent events play a big part in just how good the investment turns out . For example if you buy a Term policy and you do n't die before the term expires you 've only benefited the insurance company . Good investment for THEM . If you buy a Whole Life policy with a Mutual company that pays dividends then it is the safest , surest investment available to grow your wealth tax-free ! Every seminar I 've attended , the speakers have all said that their whole life policies have been their best investments because they have no downside risk and just continue to grow their cash value and without having to pay taxes on the gains .


Input: Is Life Insurance A Good Investment?

Output: One reason that life insurance can be a good investment is because it is safe . Life insurance that has been tucked away can be a source of great comfort and surprise to survivors . Unlike other investments that have strict tax guidelines to follow , a forest of paperwork arriving in the mail , and the constant need of evaluation , most life insurance policies are pretty steady and low maintenance . And sometimes slow but sure is a good type of investment to have .


Input: Is Life Insurance A Good Investment?

Output: If a life insurance policy is designed for cash value accumulation , it can be a good savings or investment depending upon the crediting method of the policy : dividends with participating whole life , interest rates with current assumption universal life , indices with indexed universal life and separate sub accounts with variable universal life . The design of the policy must minimize the death benefit and comply with TAMRA to maintain the non modified endowment status of the contract . The accounts accumulated tax deferred and if the policy is kept in force for the life of the policy insured , withdrawals of basis and policy loans of gain can potential generate tax free income .


Input: What Life Insurance Is Best?

Output: The short answer is : it depends on the need . Term insurance is ideal for short term protection -LRB- e.g. paying off a mortgage or providing income in the event of an early or unexpected death -RRB- . Permanent insurance is ideal for long-term safety net protection , estate planning , retirement planning . Many people buy both types of coverage - some permanent to protect against the future after other debts are paid off and some term to cover time-limited debts -LRB- such as a mortgage , car , etc. -RRB- . Term insurance provides more bang-for-your-buck up front , but it 's only for a short period . Permanent insurance allows you to pay the same premium for the rest of your life without having to worry about it going up in the future . A brief description of the two types of coverage are as follows : Term life insurance guarantees the premiums will remain fixed for a specific number of years -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- . Once the initial period of premium guarantee expires , the program changes to either annual renewable term insurance with premiums increasing each year -LRB- based on age -RRB- or the premiums remain the same and the death benefit decreases each year -LRB- this structure can be seen on term insurance that is featured on a universal life chassis . There is no cash value build-up in term insurance . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will generally be substantially higher . For both GUL and WL , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I highly recommend consulting with an independent insurance agent/broker to determine what policy benefit structure will best serve your needs , review quotes , and help you through the application and underwriting processes . Please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Life Insurance Is Best?

Output: The short answer of the best life insurance for you is the one that covers everything your loved ones need in case of your sudden deathat the best price for your unique situation . I highly recommend using an experienced independent life insurance broker that can shop for the best products at the best price to meet your unique situation .


Input: What Life Insurance Is Best?

Output: What life insurance is the best depends on what purpose you want the life insurance for . The best way to answer your questions is to give an overview of the different types and then you can decide which one is best for you . Term insurance is the easiest to understand . You pay a specified premium for coverage for a specified term . Typical terms are 10 , 20 or 30 years . At the end of the term the policy renews at a higher premium for a new term until the policy expires . This type of coverage is temporary because the policy will expire at a specified time for example age 85 . Term policies are usually convertible to permanent insurance before before age 65 for example . Term insurance is best to provide the most coverage for a given premium today . Whole life insurance is as the name suggest permanent insurance with coverage for the whole of your life , It pays when you die not if you die before the policy expires . Whole life has a level premium and with some policies the premium can be paid up early for example 20 years or age 65 . The by-product of the level premium is a build up of cash value . If the policy is participating the build of cash can be even greater . Level premium , build up of cash , increasing death benefit and hands off management make whole life a premium product . It is regarded by many as the best . Universal life is a permanent insurance policy that can be in force the whole of your life if it is managed properly . The good news is the premium is flexible and you have a choice how the cash reserve is invested , The bad news is that the premium is flexible and you have choice how the cash reserve is invested is flexible , Universal life can be the best if properly managed . An independent insurance broker , who represents several companies could help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Life Insurance Is Best?

Output: What do you want it for and what to protect ? Is it for a temporary need , like until the mortgage is paid off , or the kids through school ? Or for your spouse at your death ? Term insurance can be bought for twenty or even thirty years , it is fairly low cost , but when its gone its gone . Permanent life will last to your death , and the premiums will not go up , it accumulates cash value , and can be borrowed against . If you stop paying for your term , it will be gone in 30 days , but with permanent , if you miss a payment , it can be paid from your accumulated value . Permanent can be either whole life or universal life . Universal can be tied to some stock index , and go up a bit more than whole , but may also drop to a certain point . How much risk do you want ? Your decision . Of course with indexed universal , there are some protections at the bottom end , which cost you some of the top end performance . Thank you . GARY LANE .


Input: What Life Insurance Is Best?

Output: That is an excellent question ! The short answer is the cheapest one that accomplishes the need for what you want it to do , in the time frame that you want it to do it . There are many different variables that would define `` best '' for you , and without knowing your need , health , and price range , giving you a specific company and policy would be impossible , or unfair , at best . Please contact me , and I 'll be happy to go through your specifics , and give you a more qualified answer . Thank you for asking !


Input: How To Sell Life Insurance In A Bad Economy?

Output: In a bad economy , it is very hard to save money . Expenses are high , interest rates are low , and investments are unstable . Life insurance has the ability to provide hundreds of thousands of dollars to survivors within years , months ... even days ... of someone taking out a policy and then suffering a tragic death . The cost is low and the policies are fully guaranteed . During a bad economy , life insurance makes more sense than ever .


Input: How Does A Registered Retirement Savings Plan Work?

Output: In Canada a Registered Retirement Savings Plan , RRSP is a tax sheltered savings plan that is not taxed while funds are inside the plan only when they are withdrawn . You are permitted to deduct your contributions to an RRSP up to a yearly limit -LRB- $ 24,270 in 2014 -RRB- . You can make contributions to your own plan , your spouse 's and that of your common law partner.Your individual contribution limit is included on your Notice of income Tax Assessment including an accumulated total of unused contributions that are carried forward . You are required to start taking an income from the plan not later than December 31 in the year in which you turn 71 . The income will be taxable . Different products or vehicles or accounts are eligible to be registered including mutual funds , segregated funds -LRB- Variable annuities -RRB- , stocks and GIC 's . This is a very basic summary . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: Will Auto Insurance Cover Unlicensed Driver?

Output: The specific auto insurance policy will have to be examined to determine who is an insured , who is covered , and who is excluded from coverage . Some states have endorsements which exclude specific drivers or persons . As insurance is regulated heavily on a state to state basis , including your state in your question should assist those of us who answer to give you more specific information . This is too ` general ' of a question to provide a simple answer .


Input: Is Gerber Life Insurance A Good Idea?

Output: Gerber Life Insurance comes in the basic types of Term and Permanent , which are the types of life insurance that are offered by most life insurance companies . In that respect , getting Gerber Life Insurance , or any life insurance , is usually a good idea . To determine whether Gerber 's life insurance is best for you , compare prices and features with similar policies . If purchasing Whole Life , it is a good idea to talk to an agent so that you understand all the features and variables of each policy .


Input: When Can You Switch Medicare D Plans?

Output: Medicare Part D Drug Plans can generally only be switched during open enrollment -LRB- Oct 7th - Dec 15th -RRB- . The new plan would become effective Jan 1st 2015 . However , there are SEP 's -LRB- Special Enrollment Periods -RRB- , in which you can make a switch outside of open enrollment . Here are some examples of SEP 's ... You move outside your current plan 's service area , you become eligible for medicaid or a low income subsidy , you have Medicare AND Medicaid -LRB- Medi-Medi -RRB- .


Input: When Can You Switch Medicare D Plans?

Output: You can only change your Medicare Part D prescription drug plan during the annual enrollment period - October 15th to December 7th of each year . If/When you change your part D plan to another part D plan , the effective date becomes January 1 of the following year . To secure a new part D plan outside of the annual enrollment period , you will need a special enrollment period , have Medicare and Medicaid , or be eligible for medicaid and/or a low income subsidy . You can look on medicare.gov to see more information regarding changing part D coverage .


Input: When Can I Change My Medicare Plan?

Output: If you have a Medicare Supplement Plan you can change plans any time it benefits you . You do not need to wait for a certain time of the year . Most people will keep their Medicare Supplement Plan 2-5 years . However , over time all insurance companies will increase premiums at different times so it is important to have a working relationship with a independent agent that can review your plan . If you have a Medicare Advantage Plan than you can only change once a year which is generally October 15th - December 6th . There is a dis-enrollment period where you can go back to Medicare and look into getting a Medicare Supplement . That period runs from January 1st until February 14th . You can compare Medicare Supplement Plans instantly on our website at SummitMedigap.com or give us a call at 1-888-407-8664 .


Input: Is Axa Home Insurance Any Good?

Output: Personally , I have been a broker for more than 32 years and I am not familiar with AXA homeowner 's insurance . A broker that handles AXA products will be able to quickly explain their products and how competitive the home insurance policy is . It may not be available in all areas . Good luck .


Input: Is Car Insurance Credit Checked?

Output: When you are applying for auto insurance coverage most if not all insurance carriers will do what is called a soft pull of an insured 's credit score . This soft pull normally will not adversely affect a persons credit rating . Credit score is only one part of the many factors that are taken into consideration when your rate is calculated .


Input: Is Car Insurance Credit Checked?

Output: In addition to a credit check , insurance companies will also receive a report from a company that keeps track of insurance claims from almost all companies . If you have filed a claim or received a moving violation , the information will be reported to this agency . This is done to help insurance companies accurately assess each individual . If you are turned down for insurance based on information provided by the agency , you have the right to the a report , just as if you are turned down for credit .


Input: How Much Life Insurance Do I Need If I'm Single?

Output: The amount of life insurance any person needs depends on your obligations and on your desires . You would want to have at least $ 25,000 for your burial or cremation and service , paying off bills , and payment for someone to handle your estate . If you have a mortgage and would like to give your home to a friend , relative or charity , you could purchase life insurance to pay off your mortgage . You could buy life insurance to leave any amount of money to a charity . A good place to start is using a life insurance calculator such as you find on lifehappens.org . The calculators can jog your memory as to what needs to be covered and help you determine how much coverage to purchase .


Input: How Much Life Insurance Do I Need If I'm Single?

Output: You may not need any life insurance . Life insurance really depends on who would be responsible for your debts , if anyone ? Does anyone depend on your income except you ? Would any one bear the burden of paying for your final expenses if you died or is there enough money in your estate to cover those costs ?


Input: Do You Need Car Insurance To Drive With A Permit In Pennsylvania?

Output: No , you do not need to have your own insurance on the car you are driving . However , you DO need to be at least listed as a driver . Just like it 's illegal to drive without a license or permit - it is also illegal to drive a vehicle without insurance ! If you own your vehicle I can provide some free quotes at : www.PaInsuranceMadeEasy.com


Input: Is Gerber Life Insurance Worth It?

Output: We carry Gerber , and find that it is very competitive for children and for older adults who are unable to qualify for other policies . Their guaranteed issue life insurance is especially reasonable for that type of coverage if you choose to pay it monthly by automatic withdrawal from your checking account . As with other guaranteed issue policies , there is a graded period where the policy only pays for accidental death , then after two years it will pay the full death benefit for death by any reason . If death occurs in the first two years , it pays back all premiums plus 10 % , which is a better sure return than you can get anywhere else . Where the guaranteed issue Gerber policy might not be worth it is if the insured person lives so long that the policy pays less than the premiums paid in . However , this type of policy is usually purchased by those for whom life expectancy may be shortened due to illness or weight . In my opinion , the risk of not having any coverage would be worse than the choice to purchase a Gerber policy and not need it until many years later .


Input: Is Gerber Life Insurance Worth It?

Output: Gerber Life Insurance Company is a competitive company when it comes to insuring children . And in fact , for older adults who have medical issues preventing them from getting Life Insurance elsewhere , Gerber is one of the options to consider . Gerber has been around for a long time providing insurance for children . Gerber is one of the many companies we represent as well . Hope this answers your question .


Input: When Should I Plan For Retirement?

Output: That is a great question ! The best answer is right away ! The sooner the better , honestly . Current wisdom says to live at your current lifestyle in retirement , you will need to save between 8-10x your current salary . If you 'd like to live better than you are now , you will need to save more . I can not stress enough how much better off you are if you start your retirement planning when you are young . If you need to start playing catch up , and would like some help , please drop me a line , I 'm happy to help , okay ? Thanks for asking !


Input: When Should I Plan For Retirement?

Output: In a recent conversation a retiring person told me that they had made the maximum contribution to their retirement program and to those programs available under the IRS code . This person had lived a rather conservative lifestyle but is retiring a wealthy person . It is never too early , it is a matter of will but the rewards are amazing .


Input: When Should I Plan For Retirement?

Output: You should plan for retirement as soon as possible . If you can start investing in your early 20s , even if it is just a few dollars per paycheck , you will have a big advantage over those persons that wait until their 40s before contemplating retirement . Be consistent , diversify and allow a full-time broker or financial planner -LRB- not part-time -RRB- help you .


Input: Which Type Of Life Insurance Should I Buy?

Output: With a few tactical answers to a data collector , recommendations can be made . First what is your planning goal ? Is it an indemnification , income and inheritance scenario ? How long do you need to cover your financial scenario ? What is your medical condition , including smoking status ? Term life insurance provides temporary coverage for a temporary financial liability to indemnify your beneficiaries from economic loss at your demise . If that financial liability is ongoing beyond 30 years , youll need a permanent life insurance policy like guaranteed universal life or whole life insurance . If your financial goal is income , you should review participating whole life or current assumption universal life . Current assumption universal life has three crediting methods : interest rate , domestic/foreign indices or equity/bond subaccount . If your financial goal is to make a difference in your children , grandchildren , favorite charity or pay estate taxes , then survivorship policies for married couples and single policies for singles using guaranteed universal life or whole life insurance .


Input: Which Type Of Life Insurance Should I Buy?

Output: What type of life insurance should you buy ? The type of policy that is the cheapest , and provides the best benefit for the longest period of time . That was easy . Well ... It really is n't that easy since term coverage may be best for certain individuals or families while a more permanent policy may be the best option for others . And sometimes , a blend of the two concepts makes the most sense . An experienced life insurance broker is a great resource for you . They will provide unbiased advice and explain your most affordable and cost-effective options . It 's also important to understand that your needs will change over time . So reviewing your financial portfolio is also very important , so that any current policies are not outdated .


Input: Which Type Of Life Insurance Should I Buy?

Output: The type of life insurance you purchase is based on a number of factors . Firstly you and your agent should discuss your financial and personal goals and what it will take to reach them . Then he/she should advise on how much coverage and what type of insurance would meet your needs . So to answer your question , I do n't know . It depends on what your goals are and how far you are away from them .


Input: What Is Covered Under Medicare Part F?

Output: Medicare supplement plan F covers Medicare approved Part A and Part B expenses . As you probably know , Medicare had deductibles and coinsurance . Medigap plan F is designed to pay your out of pocket expenses in full for claims approved under Medicare Part A and Part B. Plan F is the most oversold and most expensive of the Medigap plans .


Input: Is Life Insurance An Annuity?

Output: No , life insurance is not an annuity , even though both life insurance and annuities are sold by life insurance companies . Life insurance is usually purchased to provide for others after the insured person dies . Annuities are usually secured to provide for income while the insured person is still alive . However , life insurance can also provide income while the insured person is alive , and annuities can be saved to provide for loved ones after the insured person 's death . Also , life insurance proceeds can be collected by the beneficiary in installments , as in an annuity . So there is some overlap , but they are not the same product .


Input: Is Life Insurance An Annuity?

Output: The insurance companies that issue life policies often issue annuities as well . Actuaries use data to compute rates and benefits for the life policy . Then they use almost the same data to apply to the annuity . The products are actually opposites . A life insurance policy protects against premature death . An annuity protects against living to long and outliving your resources . The life insurance policy starts with a small premium and promises a very large death benefit . The immediate annuity starts with a large premium and promises a lifetime income .


Input: What Is Medicare Share Of Cost?

Output: Medicaid share of cost is a special kind of Medicaid program used in only a few states . I am not aware of a Medicare share of cost . Medicaid share of cost is for those who have too much income or assets to qualify for Medicaid . They have a share of cost factor based on their income and medical bills . When your medical bills equals your share of cost during the month , Medicaid picks up the rest of your medical bills for the remainder of the month .


Input: What Is An Elimination Period For Disability Insurance?

Output: The elimination period for Disability Insurance is the amount of time between the event of becoming disabled , and the time when the benefit starts being received . People choose elimination periods based on their budget -LRB- the longer the elimination period , the lower the policy premium -RRB- and on the funds they have saved up -LRB- if someone does not have over one month of income in savings , it would be wise to get a Disability Insurance policy with a one month or less elimination period -RRB- .


Input: Does Nationwide Have Home Insurance?

Output: Yes , Nationwide does offer Homeowners Insurance in addition to many other insurance solutions . I have represented Nationwide in CT since 1985 . Nationwide , like all other companies , file with the state Insurance Department in each state where they offer their products . You can check on line at Nationwide.com to find a licensed Insurance Professional near you .


Input: Can Health Insurance Deny Pre-Existing Conditions?

Output: At this time they can . With Health Care Reform that will no longer be true beginning in January 2014 . No one can be denied coverage or have their rates increase due to preexisting conditions . You may also qualify for tax subsidies to help you pay for your health insurance if you fall below 400 % of poverty level . Open enrollment begins in October .


Input: Why Should You Start A Retirement Plan?

Output: Establishing a retirement plan is actually paying yourself first . Making regular disciplined deposits is an excellent way to save for your golden years . Many Americans only have Social Security , but they may very well be inadequate to fund a comfortable retirement , so you need to add your own personal plan .


Input: How Exactly Does Key Person Life Insurance Work?

Output: Most businesses have key employees who are impact players in the company . The company depends on their performance and they 're vital to the future of the business . Placing key person life insurance on them can protect the business from the death of a key employee and provide cash to recruit and train a new employee .


Input: How Exactly Does Key Person Life Insurance Work?

Output: Usually , the way Key Person Life Insurance works is that the employer or business takes out a life insurance policy on an important employee in the company , one that is vital to the success of the business and would need to be carefully replaced if he or she died . The employer or business pays the premium and and is the beneficiary . If death of the key employee occurs , the business has money to protect them from loss of production and solicit and train a new employee to replace the key person .


Input: How Is Health Insurance Calculated?

Output: After January 1 , 2014 individual health and small group -LRB- 2 to 50 employees -RRB- healthinsurance is calculated on a community rated basis . Essentially a rate table is established for each insurance product with a corresponding rate amount for each year of age for a person enrolled . There is a rate for someone at age 25 , and slightly different rate for age 26 and so on for each year of age . For carriers applying the pure age rating approach it is a matter of telling an individual your rate at this age is `` X '' amount of dollars , for someone covering dependents it is a process of adding the rate for the subscriber , their spouse and/or dependent children -LRB- up to a maximum of 3 dependent children -RRB- for their various ages and that it the total rate for the individual plus dependents . Dependent children over age 21 are added to the cost as an adult . This is the individual insurance carriers and most small group carriers are now calculating their rates . As you might guess , for small businesses this can result in employees with the same level of enrollment coverage -LRB- e.g. - Employee Only -RRB- having different rates which is a headache from an accounting and employer contribution calculation perspective . Some small group carriers do the age calculation that I have described earlier , divide the total by the amount of enrollees in each coverage class -LRB- e.g. - Employee Only , Employee + Spouse , Family -RRB- and come up with a composite rate that yields a uniform rate for each level of enrollment . How the insurance carrier has filed their products with your state insurance commission will determine which style of rates you see from different insurance carriers . However , the underlying rate methodology is the same .


Input: How Can I Get Disability Insurance?

Output: You can get Disability Insurance by corresponding with an agent that sells Disability Insurance -LRB- DI -RRB- . This is a product that has many features such as elimination -LRB- waiting -RRB- periods , exclusions , occupation clauses , benefit periods , cost of living riders , and minimum and maximum benefit guidelines . Only by contacting a reputable agent for your best solution and price can you come up with an affordable Disability Insurance policy that can be relied upon to provide the benefits you need , when you need them .


Input: Does Home Insurance Cover Appliances?

Output: Home Insurance may cover appliances in home ; there are 2 types of appliances , those that are fitted and those that are free standing . Fitted appliances constitute part of the Dwelling Coverage on the home insurance policy , whereas , free standing appliances may be covered under the Personal Property Coverage on the home insurance policy . The perils covered under a home insurance policy must be reviewed regarding the damage to the appliances . For example , Fire , Smoke , Lightning & Water damage may be covered on the policy which would also carry forward to the appliances . Regarding free standing appliances , the policy must afford coverage for Personal Property . If this question was intended for the reason of upkeep and maintenance of appliances , home insurance policies are not intended to repair or replace appliances due to maintenance and/or breakdown . Home insurance is intended for sudden and accidental losses which could cause financial hardship to the homeowner . If you wish to cover your appliances , you may wish topurchase a Home Warranty Contract from a small handful of carriers who offer a maintenance contract ; in this case , you will pay an annual premium as well as a Service Charge for each call when a repair company is dispatched to take care of a covered maintenance situation . If your question was indeed regarding perils covered on a homeowners policy , you may wish to contact your local agent and review the coverage on your policy or WEBSITELINK and we 'll be happy to review your coverage for you at no charge .


Input: Where Can I Compare Car Insurance Quotes?

Output: There are plenty of places where you can compare auto insurance quotes . The most efficient way is to get quotes with independent agents . That way , you only have to enter your information once and get quotes from multiple companies . But be careful of websites that do n't list an agent 's name , address and phone number ! Those are sites that simply sell your info to multiple agents as leads -LRB- meaning your phone will blow up -RRB- .


Input: Can You Get Auto Insurance Without A Car?

Output: You can . Check with your Insurance Professional and ask if a `` named non-owner '' auto policy is available . This type of policy provides liability coverage for you while you are operating a car that you do n't own . This type of coverage might be necessary if you are granted regular access to someone else 's car .


Input: Can You Get Auto Insurance Without A Car?

Output: Yes you can . It is a speciality type of coverage and a lot of standard companies do not want to bother with it , but your progressive , geico and other non standard or lloyds companies will . You will find it much easier to obtain this coverage through an independent insurance agency , particularly one that specializes in that type of market .


Input: How Can You Cash In A Life Insurance Policy?

Output: To cash in a life insurance policy , you can call the life insurance company and request a form to terminate your policy . They will instruct you on your choices , but it is far better to talk to a trusted agent , first . Cashing in the policy may not be the best option and there are more avenues than you might realize , that could save you money yet still preserve at least some of the death benefit .


Input: How Can You Cash In A Life Insurance Policy?

Output: If you have cash value life insurance you may have surrender cash value . These policies have surrender charges in the early years of the policy . So do n't be surprised if the account value is different form the surrender value . And keep in mind that you 're terminating coverage and that you may also have an ordinary income tax event if there is gain in the contract .


Input: How Much Is It To Get Health Insurance?

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


Input: How Much Is It To Get Health Insurance?

Output: How much is it to buy health insurance ? Here 's a brief original answer : It may be free , if you qualify for a full federal Obamacare subsidy . Otherwise , the rate will depend on your age , where you live and the type of plan you select . Smoking status may also impact prices . Allowing an expert help you get the best coverage for the lowest rate is critical . LIVE answer provided by : Ed Harris - Premier health insurance broker for 33 years and owner of several top-rated consumer websites that offer the lowest available rates .


Input: What Does Suze Orman Say About Annuities?

Output: The answer to this depends very much on when you asked her the question ! When she was a producer in the financial services industry , Suze was a big proponent of variable annuities . Now that she is a talk show `` money guru '' , she thumbs her nose at them . The truth is , annuities are n't `` good '' or `` bad '' -LRB- just like any other financial product -RRB- . There are good ones and not-so-good ones , but the product itself is n't `` evil '' . The key is to make sure that they are being bought/sold for the right purpose .


Input: Who Buys Immediate Annuities?

Output: In a very general sense , people who buy immediate annuities are often persons who want their money managed for them . They have a lump sum of money that they want to use as regular income . By putting it into an annuity , they receive their money back in regular installments , either for a period of years , or for a lifetime . At the same time , it is making interest for them .


Input: Does Homeowners Insurance Cover Bicycle Theft?

Output: It can , yes . Naturally talk to your Insurance Professional about the specific terms and conditions of your policy , but in most cases , you will find that there is coverage , subject to your policy deductible . In order to open a theft claim , in most cases , you will need to file a loss report with your local police and obtain a copy of that report for the claims professional . The claims person will also need to have a very good description of the bike , including color and serial number if you have it . Photos are a very good thing to have as well .


Input: Who Is The Leading Auto Insurance Company?

Output: The leading auto insurance company will vary , depending on the state you reside . Typically , Progressive , USAA , Liberty Mutual , Farmers , State Farm , Allstate , Nationwide and Esurance are among the larger carriers . As an experienced car insurance broker -LRB- more than 30 years in the business -RRB- , our job -LRB- we wear many hats -RRB- is to find the most reputable companies for our customers , shop the most affordable rates , and explain specific options to consumers , so they can purchase their coverage at the lowest available rates .


Input: How Much Does The Average Life Insurance Agent Make?

Output: Interesting . The average life insurance agent makes $ 50,000 a year . Most planners or advisers , who sell life insurance make less . There are only a small segment of the field force that makes six figure income from life insurance sales and those who do are generally life insurance specialists or do split case work . .


Input: Does Life Insurance Go To Debt?

Output: Life insurance does not go to the debt of the person who died , unless the life insurance proceeds go to his/her estate . If the money goes to the estate , debt collectors will collect from it . Another way life insurance might go to pay off debt incurred by the Insured , is if the beneficiary was a co-signer for the Insured 's debt -LRB- in community property states , a spouse may need to pay off the debt even if their name was not on the contract -RRB- . If not a co-signer -LRB- or not the surviving spouse in a community property state -RRB- , the beneficiary does not need to pay off the debt of the Insured , unless they want to . If it is the beneficiary who has debts and receives a life insurance death benefit , each state has their own limitations on whether or not debt collectors can come after your life insurance proceeds . This website tells about the debt collection laws from some states : WEBSITELINK


Input: Does Life Insurance Go To Debt?

Output: Life insurance proceeds go to a designated beneficiary by the policyholder . It can certainly be used to reduce or eliminate debt but unless very specific circumstances are in place through a will or trust , the beneficiary controls the proceeds . There are policies such as final expense plans that can be designated to pay for a funeral , but not traditional life insurance .


Input: How Can You Find Out Someones Homeowners Insurance?

Output: That is a great question ! A better one might be why do you want to know ? If you have asked them , and they did n't tell you , it will be very difficult for you to legally find out . The Patriot Act took great strides toward protecting our personal information , so it 's not likely that unless you are close family , and trying to unravel a family members finances , that any company will tell you who their clients are . if you need more information , please do n't hesitate to contact me , if I can help , I will . Thanks for asking !


Input: What Company Has The Best Whole Life Insurance?

Output: The answer to what carrier has the best whole life insurance can depend on the underwriting and amount of coverage desired . However , assuming all else being equal , the best coverage is generally with a mutual carrier where the insured receives not only interest , but also dividends on the policies value . Most companies that sold whole life 10 or more years ago do not offer coverage today because there are now less expensive alternatives . However , when low cost is not the overriding issue , look to a mutual carrier .


Input: Can 401(K) Plans Provide Adequate Retirement Resources?

Output: A 401 -LRB- k -RRB- retirement plan is a defined contribution plan that is funded by various savings and investment products . The adequacy of a 401 -LRB- k -RRB- is based on performance of those products and your contributions . Based on the current trends , the great risk to retirement is human longevity . The odds of most 401 -LRB- k -RRB- s being adequate to fund retirement is somewhat slim .


Input: Can You Get Term Life Insurance If You Have Cancer?

Output: The type and stage of cancer that you have , the treatment that you have had , and the last day of your treatment , all enter into the type of life insurance policy that you can get . Life insurance for most internal cancers is usually limited to graded whole life during the first year or two after the last treatment . After two years , there are graded term policies available . However , if you have a highly treatable cancer , you might be able to get life term life insurance right after your treatment is completed .


Input: Can You Get Term Life Insurance If You Have Cancer?

Output: If you are currently being treated for cancer , you will not be able to qualify for any term life insurance . Carriers will only consider coverage after the completion of your cancer treatment . From there , most carriers will have a postponement period of at least 2 years -LRB- most prefer 4-5 years -RRB- from the point the cancer treatment was completed . If you apply for term insurance after this window and can qualify for it , you will likely be assigned a table-rating for your coverage -LRB- a table-rating is a percentage increase in premium on the standard risk classification - you can be rated table 1 , 2 , 3 , 4 , 5 , 6 , 7 , or 8 . Some carriers will offer table ratings up to table 10 or 12 , but few do . Table ratings can also be cited as letters - table A , B , C , D , E , F , G , H , etc. -RRB- . The more time that has passed since the cancer episode , the better risk class you can qualify for because there is a less likelihood of a reoccurrence of the cancer . During this period , the only life insurance coverage you would be able to secure is Guaranteed Issue Whole Life insurance . These are final expense policies that feature face amounts of $ 25,000 or less and have a graded benefit period . A graded benefit period is a 2-3 year window -LRB- depends on the carrier - most are 2 years -RRB- where if death occurs during the graded period , the carrier pays only the premiums that were paid into the policy -LRB- unless the death occurred under accidental means - when this happens , the full benefit is payable -RRB- . After the graded period has expired , the full benefit is payable regardless of cause of death . I hope the information is helpful - please feel free to contact me for help with your coverage , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Can You Get Term Life Insurance If You Have Cancer?

Output: If you have just been diagnosed with cancer it will be very difficult to purchase any type of life insurance . Traditional underwritten term life insurance will want to see you cancer free for at least 5 years to be accepted and 10 years in order to get back to standard rates . There are some very small face amount policies usually for final expense that you should qualify for with limits and waiting periods . I highly recommend understanding the policy provisions before you make your purchase . I wish you the very best in your battle and pray you are victorious .


Input: How To Appeal A Denied Home Insurance Claim?

Output: When the insurance company denies a homeowners policy claim you can pursue the claim further . The policy itself might state that you must submit to arbitration , however , competent legal counsel can best direct your activity . A scan of the newspaper will show that courts get involved with denied claims and have made some startling judgments . One was in our paper yesterday .


Input: How To Appeal A Denied Home Insurance Claim?

Output: Each carrier will generally state what the appeals process is within their policy , so it 's best to check there first . Of course , there 's always the option of going to your state 's department of insurance if you want to place a complaint , but I would suggest being absolutely sure that the insurance company did not live up to the policy benefits . Fortunately , most of the benefits are standardized now which should make things a little simpler for you .


Input: Does USAA Have Disability Insurance?

Output: Unfortunately , USAA does not have their own Disability Insurance policy for purchase . USAA does carry many other types of insurance policies . In order to purchase Disability Insurance , you can search on the internet for a Life Insurance company that offers a variety of Disability Insurance policies so that you can find the one with your best price and features .


Input: When Can I Start Getting Medicare Benefits?

Output: Medicare Part A and/or B benefits can start when you turn 65 . You can sign up during the 7 month period that begins three months before turning 65 , includes the month you turn 65 , and ends three months after the month in which you turned 65 . This is called your Initial Enrollment Period . If you sign up for Medicare Part A and/or B during the first three months of your Initial Enrollment Period , your coverage -LRB- in most cases -RRB- starts the first day of your birthday month . If , however , your birthday falls on the first day of the month , your Medicare coverage will begin the first day of the prior month .


Input: What Is Medigap Open Enrollment Period?

Output: The great news is people can switch a Medigap Plan anytime it benefits them and they do n't need to wait for a certain enrollment period . The Medigap open enrollment period is a 6 month period when a person is 65 years old and gets Medicare Part B . It allows the individual a one time period where they can apply for a Medigap Plan without answering any health questions . However , even after the open enrollment period people over 65 switch plans all the time to save money or improve their benefits . There is usually a dozen or so health questions that are focused on big health issues in the last 2 years . A good independent agent that specializes in Medigap Plans will be able to go over those questions with you and help you pick the carrier that meets your needs the best .


Input: What Is Medigap Open Enrollment Period?

Output: If you are new to Medicare and in your Initial Enrollment Period you are also in your Medigap Open Enrollment Period . This is a one time event that lasts for 6 month . It begins the first day of the month in which you turn 65 or older and are enrolled in Medicare Part B . During this time you can purchase any Medigap Plan an insurance company offers in your state without answering any medical questions . Not knowing what your health may be in the future , It 's a great time to get Medigap . The Annual Election Period -LRB- Oct 15 through Dec 7 -RRB- is a time for you to change your Prescription Drug Plan -LRB- Part D -RRB- . You do not have to make any changes to your Medigap Plan . Medigap Plans are guaranteed renewable . As long as you make your premium payments , the plan is yours to keep . If you want to apply for a new Medigap plan or replace an existing plan outside of your initial Open Enrollment period , you 'll have to answer health questions . The good news is that insurance companies each have their own set of unique medical questions . I 've seen insulin dependent diabetics get declined with one company but offered a policy with another .


Input: Is Vandalism Covered By Home Insurance?

Output: It is always best to talk to your Insurance Professional and discuss the specific terms and conditions of your policy , but in general , commonly vandalism is a covered peril in today 's Homeowners ' Insurance policies . In order to process your claim , it is likely that your claims professional will be looking for a copy of a Police Report in order to help document your los and damages .


Input: Is Homeowners Insurance Included In Condo Fees?

Output: No , Condo Owner 's Insurance is not included in your fees . Generally -LRB- refer to your master association document -RRB- the Association would insure from the wall studs out -LRB- siding , insulation , roof -RRB- and will carry liability to cover the association . You need to insure from the wall studs in . That includes sheetrock , trim , cabinets , carpet , personal property and your own liability risk . Condo insurance is not very expensive since most claims happen on the outside of the building -LRB- wind and hail -RRB- . A specific area to look at is weather or not your heating and cooling equipment is covered by the assocation , or if you need to insure it .


Input: Is Homeowners Insurance Included In Condo Fees?

Output: No . Homeowners insurance is not covered in your condo association fees . Your condo association fees will likely include coverage for common areas and for insurance to replace damage to your unit , not including upgrades or personal property inside your unit . You will need to secure coverage for additions & betterment -LRB- s -RRB- -LRB- otherwise known as upgrades -RRB- to your unit and for personal property -LRB- your stuff -RRB- , loss of use coverage and Personal Liability . Be sure to check with your local independent insurance agent and your condo association . Hope this answer helps .


Input: How Long Does It Take To Get Life Insurance After Death?

Output: Life insurance proceeds are generated and paid to the policy beneficiaries at the death of the policy insured . The life insurance company has a form to fill out and will require the certificate of death and newspaper obituary . After the paperwork has been processed it should take between 30 and 60 days to receive a check .


Input: Who To Name As Beneficiary Life Insurance?

Output: Your beneficiary should always be the person who will suffer the most financial loss upon your death . Whether it is a spouse or significant other , family member or business partner . Who needs your income or who would have to pay for your debts or who will be in charge of your final expenses ? That is your beneficiary .


Input: Who To Name As Beneficiary Life Insurance?

Output: In Canada if you have a named beneficiary and not your estate then the proceeds bypass probate and are paid directly to the beneficiary . If you name a beneficiary in the `` protected class '' , spouse , parent , child , grandchild , then the policy is potentially protected from the owner 's creditors during the lifetime of the person whose life is insured . In all provinces except Quebec , the relationship must be between the life insured and the beneficiary . In Quebec , it is between the owner and the beneficiary . If you designate a beneficiary as irrevocable , then the policy also has potential creditor protection . In addition no changes to the policy can be made without the irrevocable beneficiary 's consent . If a corporation is owner and paying the premiums on a policy , the the company should be the beneficiary otherwise it will be considered to be a taxable benefit . Ultimately , who should be named the beneficiary depends on what you want to accomplish . If you have any further question or feel I could be of assistance please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community ,


Input: Who To Name As Beneficiary Life Insurance?

Output: The beneficiary of your life insurance policy should be either the person -LRB- s -RRB- who would be most affected by your death.It is best for minors designated as a beneficiary have a financial guardian assigned/designated to them . It should also be an individual you trust to be in control of your final expenses . If your estate will require estate taxes contacting a tax professional is recommended ...


Input: Who To Name As Beneficiary Life Insurance?

Output: The beneficiary of your life insurance policy should be someone you trust to handle the money in a way that you would approve of . E.g. . If you want your policy to pay for your funeral , choose a beneficiary who you can depend on to see that the money gets spent in that fashion . Or , it should be the one -LRB- s -RRB- who would be most impacted by your death . E.g. Your spouse . It is best not to leave the money to minors unless you also have designated a financial guardian for them . If your estate is large enough to pay estate taxes , you may want to consider forming an ILIT and leaving the money to that . Contacting an insurance and tax professional can help you make this important decision .


Input: Does The NFL Provide Health Insurance To Professional Football Players?

Output: The NFL -LRB- National Football League -RRB- provides comprehensive health insurance coverage to its players through the Collective Bargaining Agreement . 100 % of all expenses -LRB- must stay in-network -RRB- are covered through the plan after a deductible and maximum out-of-pocket limit is reached . This includes major medical , office visits , prescriptions , ER , and many other items . Dental and vision benefits are also included in the package for both rookies and veterans . But most importantly , the coverage continues after the player has retired from the NFL and is no longer playing . This is extremely important considering the potential for chronic injuries and needed treatment . Important : Answer provided by Ed Harris , one of the nation 's leading health insurance brokers and football benefit experts with 35 years of experience . His website majormedicalhealth.com provides consumers with the free quotes and the lowest available rates from all major companies .


Input: Can You Take Out A Loan On Your Life Insurance?

Output: Yes , with some policies you can take a loan out from the life insurance policy through the issuing company if the policy has been in effect long enough to have accumulated some cash value . The amount that you will be able to borrow from the policy will depend on the amount of cash value accumulated and the restrictions placed on borrowing from the policy by the issuing company . As always read your policy completely to know the coverage and exclusions within the policy or contact your local agent to have them go over the policy with you .


Input: Can You Take Out A Loan On Your Life Insurance?

Output: If you have a permanent life insurance policy with cash value , you are most likely able to take a loan from the cash value to use for whatever you wish . Contact your agent or the customer service department of the life insurance company your policy is with . Ask for an illustration showing the effect of taking out the loan on your policy values , and how much you need to repay in the future .


Input: Can You Take Out A Loan On Your Life Insurance?

Output: If you own a permanent -LRB- cash value -RRB- life insurance policy policy loans should be possible . Each policy contains provisions which explain how policy loans can function for that particular contract . As long as the policy loan does not grow too large relative to the cash value available in the policy , there should n't be a problem . While you do n't have to repay the loan - it can be repaid out of the death benefit - care must be taken to ensure the policy is not caused to lapse as income tax would be payable in the year of lapse subject to all of the gain over the life of the contract .


Input: How To Get Money From Retirement Plan?

Output: In Canada , how you get money from a retirement plan depends on what type of plan . If it is a Registered Retirement Plan -LRB- RRSP -RRB- then getting money out is as simple as deregistering and surrendering the plan . You will have to pay tax as the amount will be added to your income . There will be a withholding tax , currently 10 % for up to $ 5,000 , 20 % for $ 5,001 to $ 15,000 and 30 % for over $ 15,000 . If it is a pension plan you can not get money from the plan other than as an income while you are with the company . Depending on circumstances , money from a pension plan is either transferred into a `` regular RRSP '' and can be withdrawn or a `` locked in RRSP '' and usually can not other than as an income . Check with your advisor before you do anything to make sure you are making an informed decision . 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 You Get Life Insurance On A Fetus?

Output: You can not get a new policy on a child until they are at least 15 days old . You can look at adding a child rider to your life insurance policy as Peggy noted - this will provide term coverage for him/her for a low additional premium -LRB- typically around $ 5 per month per $ 1,000 of coverage -RRB- . Many parents look at purchasing a small whole life policy with a guaranteed insurability rider for their child . Please feel free to contact me for assistance . Thanks very much .


Input: Can You Get Life Insurance On A Fetus?

Output: When you purchase a child rider on your own life insurance policy , you are obtaining coverage for your present and FUTURE children . So in that sense , you are procuring life insurance for your child while he/she is still a fetus . However , the life insurance will not cover your child until he/she is about 15 days old .


Input: Can You Get Life Insurance On A Fetus?

Output: No , you can not get Life Insurance on a Fetus . The child has to be born , in most cases at least 14 days old or older before you can consider having life insurance on the child . After the child is born , consult with your agent or broker about whole life insurance or term as there is one company which will give term insurance on a child .


Input: What Does It Mean When A Retirement Plan Is Vested?

Output: When a retirement plan is vested you have the ability to take that retirement plan with you if you leave the employer . You now own the funds that have been vested . Many employers contribute a set amount to your retirement plan . After you have been with the company a set number of years all or a portion of those funds contributed by your employer become yours .


Input: Can I Add A Non Family Member To My Auto Insurance?

Output: Yes if they drive your car on a regular basis you can add them as a named driver . Keep in mind that their driving record could affect your rates . If they have a bad driving record I recommend having them purchase their own policy . If they only drive your car occasionally they would be covered .


Input: Can I Add A Non Family Member To My Auto Insurance?

Output: That is going to depend on the carrier that you are applying for auto coverage with . Many carriers would prefer that other drivers in the household that are not directly related have their own insurance policy , but some will accept other drivers being on the same policy even if they are not related as long as they reside in the same premise as the insured . Contact a local agent to find out about coverage availability and pricing in your area .


Input: Can I Add A Non Family Member To My Auto Insurance?

Output: That will depend on your auto insurance carrier and their policy standards . There are carriers that will persons that co-habitat to be listed on the same auto insurance policy . In some cases it may be less costly for each person to have their own policy . Contact a local agent to find out more about coverage availability and pricing within your geographic location .


Input: What's The Best Auto Insurance?

Output: The best auto insurance is the one that provides for all of your coverage needs at the price that you are comfortable with . The company providing the coverage is only half of the equation . The other half of the equation is the agent that you will deal with when you have questions or concerns . Price is not everything make certain that you deal with a local agent that you are comfortable with and they will help keep your life less stressful during a loss situation .


Input: What Is The Best And Cheapest Car Insurance?

Output: There is no such thing as best and cheapest , you will get what you pay for . You should always purchase as much Liability BI or bodily Injury and property damage insurance as you can in the event you cause the accident and injure the other party , their medical expenses will be covered up to the threshold you chose on your policy . If you have assets , consider purchasing a liability umbrella as well for added liability protection . The way to having the least expensive premium is having as many discounts as possible such as multi policy / married / location matters / good driving history matters / continuous liability matters / defensive driver course helps / the type of car matters / if the vehicle is newer , you will want collision and comprehensive to name a few !


Input: What Is The Best And Cheapest Car Insurance?

Output: The best and cheapest health insurance will be different for each person . For example , if you are under 25 and have a few tickets , a specific insurer may be the best option . However , if you are married and live in another state , a completely different company may be the best option . To get the cheapest rate , I , as an experienced broker , shop all of the major companies so you can quickly compare the most affordable options . Then , you , or any consumer , can quickly determine the company to apply with and secure coverage . The combination of an experienced broker and top-rated website saves money !


Input: Will Homeowners Insurance Cover Mold Remediation?

Output: It may , yes , but it is always best to talk to your Insurance Professional about the specific terms and conditions of your policy . Here in Connecticut , most standard issue Home Insurance policies will provide a certain amount for mold , usually up to $ 10,000.00 . Now here is something that is important to keep in mind . If you do suffer a water damage loss that is covered under your Homeowners ' policy , it is important to have a professional involved in the clean up . Not only will they be able to rid your house of the standing water quickly , but they will be able to determine if the water has infiltrated walls , floorboards etc. . They use industrial strength fans and dehumidifiers to be sure that everything is completely dried and will also employ safe and effective mold remediation treatment to any effected areas .


Input: Will Homeowners Insurance Cover Mold Remediation?

Output: That is going to depend on your homeonwers policy and the cause of the mold in the first place . Not all homeowners insurance policies provide mold coverage and coverage is usually subject to the policy deductible . Read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: What Is A Defined Benefit Retirement Plan?

Output: what is a defined benefit plan ? A defined benefit plan is an employer sponsored retirement plan that the employer bares all the risk of investment . A defined benefit plan provides an outcome for employees rather than a lump sum balancesubject to market risks.A defined benefit plan used to be the norm for retirement programs , now they arerare asmany employers have jumped to 401 -LRB- k -RRB- plans which only obligate the employer to the original contribution . The shift of RISK falls completely on the employee .


Input: What Is The Best Critical Illness Insurance?

Output: The best critical illness insurance is that which has the best features . Some things to look for are : 1 -RRB- How much of the benefit is paid for each illness , 2 -RRB- What is the special limitation period -LRB- how long you would have to wait before the policy would pay after issue -RRB- , 3 -RRB- How many illness are covered , 4 -RRB- Is the policy guaranteed renewable , 5 -RRB- How long is the premium guaranteed , 6 -RRB- Is there a reduction of benefits after a certain age , and 7 -RRB- Are riders offered -LRB- e.g. for accidental death -RRB- .


Input: What Is The Best Critical Illness Insurance?

Output: There is no one best critical illness insurance policy . To find the one that is best for you , you need to review the conditions covered , the premium you will need to pay , the stability of the insurance company offering it , and the contractual provisions of the policy .


Input: Does Wells Fargo Have Annuities?

Output: Wells Fargo bank refers their business in annuities to many Life Insurance companies . So you are not directly purchasing an annuity insurance contract from them directly . Just like their insurance companies on auto it is brokered threw one of their companies they have established with . But they do have an advantage they have more than one choice


Input: Why Does My Auto Insurance Go Up?

Output: Your auto insurance goes up for several reasons . For example , if you add a new car to the policy , or add a teen-age driver , your premiums will increase . Also , if any driver covered on your policy has an at-fault accident , and damages are paid , there is a chance that your rate will increase . However , many policies will `` forgive '' the first at-fault accident , depending on how long you have been insured with that carrier . And of course , as the cost of repair to vehicles increases and we see increases in litigation costs , rates could go up . So ... what do you , the consumer do about this ? Utilize the phrase `` We Shop And You Save . '' That is ... let an experienced broker do all of the hard work for you so you can simply review the best offers . If you decide to apply for a lower rate , the broker and/or their website will be there to help you complete the simple process .


Input: Why Does My Auto Insurance Go Up?

Output: In addition to what was stated above , auto insurance can go up due to legislative reform . In some states there is a catastrophic claims division , which will reimburse insurance companies if they have excessive claims . This fund is collected through your auto-insurance carrier , but goes into a state fund . For example , Michigan has the Michigan Catastrophic Claims Association -LRB- MCCA -RRB- , which costs roughly $ 176/yr . per auto . My best advice is to review your bill with your agent and figure out which costs are incurred because of state regulations and which costs come from your insurance provider . Once you have sorted these out you can then figure out if anything can be done to lower your overall insurance costs .


Input: Why Does My Auto Insurance Go Up?

Output: Since I 've been around , it seem like all companies raise rates all the time . It is a good rule of thumb to shop your rates every 5 years . I say 5 years as the next company will give you a better rate since you stayed with your last company for at least 5 years . All insurance companies must file their rates with the states insurance department before they raise them , but they keep going up just like everything else . Keep your driving record clean and your credit good and you should have good rates .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: My mother is 81 and in good health . I have found a few great companies that offer great life insurance products for people of that age group , to 85 . The fact of the matter is , I bought term insurance on her a few years ago -LRB- before I became an agent and did not know better -RRB- now that she is getting older and the premiums keep increasing on the term insurance I can get various types of whole life insurance on her for a couple of hundred dollars more a month in premiums . However , the policies that I have found are at twice or three times the face amount of the term insurance . So , it is possible . You just have to find an agent that will do the research for you . If you live in North Florida I would love to meet with you and discuss the possibilities . If you live in another state , contact one of the knowledgeable and competent agents on here . From the answers I have read they are very good at what they do . If you live outside of the North Florida area , and still have questions for me please feel free to contact me and I will help you any way I can .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: Yes , there are many good companies offering guarranteed or express issue final expense policies for individuals at this age . For those that have some medical issues can get modified or graded - benefit policies that postpone the full payout until the policy holder 's third year of ownership of the policy . The traditional polices are offered to the healthy at a reduced premium .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: I presume that you are not eligible for Medicare for some reason . You might investigate individual health insurance though with the open enrollment season having concluded on February 15th you would have to have a `` Change of Life Status '' event occur or qualify under the provisions of the upcoming special election period beginning March 15th -LRB- this is for people who were uninsured in 2014 and have just figured out they are going to have to pay the individual mandate tax penalty and that they would be subject to the individual tax mandate penalty for the 2015 tax year -RRB- . If you were to qualify you would have to be prepared to pay a pretty high monthly premium . If you have a business or have a spouse that has a business and some employees you might consider a group health plan . I recently wrote a small group where a man about your age had emigrated from Europe because he had married an American lady about 20 years younger than him and they had a small business with a couple of other employees . that man is now covered as his spouse 's dependent under their small group plan .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: Yes , there are a number of final expense policies -LRB- $ 25,000 and under -RRB- available for persons who are 81 years old , that do not require any exam . And there are larger policies -LRB- $ 50,000 and up -RRB- that octonegarians can get by taking an exam . Please contact me if you 'd like me to shop a number of companies to find your best rate .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: At age 81 , you 're looking at permanent life insurance programs as term insurance is only offered until age 75 . If you 're looking for a small policy amount -LRB- e.g. $ 10,000 , $ 25,000 , etc. -RRB- , you 'll be looking at final expense life insurance policies . Final expense life insurance is a form of whole life insurance - the premiums remain fixed and guaranteed for life and the policy builds cash value . The underwriting typically consists of `` yes/no '' health questions , a phone interview with the carrier , and a prescription check - these types of programs do not have a medical exam requirement . If you 're looking for more coverage than that -LRB- e.g. $ 50,000 , $ 100,000 , $ 250,000 , etc. -RRB- , you 'll be securing it under a fully underwritten life insurance policy that requires a medical exam . Regardless of which type of life insurance you want to pursue , you should consult with an independent agent who can look at many carriers to compare rates and make sure of what you qualify for so you can get the coverage at the lowest possible cost . I work with these types of programs very often and would be happy to assist . If you would like my assistance , please send me an e-mail via the contact me button next to my name with your name and number and we can go over the options accordingly and any questions you may have . Thanks very much .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: There are a several choices for coverage for life insurance over 80 . For small amounts up to $ 40,000 there are `` Final Expense '' type products that require no exam . For larger amounts there are several permanent products available with varying premiums . Make sure you speak to an independent agent that can provide you with good information at a competitive cost .


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: That is a great question ! And I have a great answer - yes there are companies that will insure you , especially if you are in good health ! You need to be aware that they may not be very cheap , as a great portion of the insurer 's risk is based upon mortality rates and life expectancy , and at 81 , you are in the higher risk end of the spectrum.It is also quite likely that the face value amounts that you will be offered will be relatively small for that same reason . Life insurance is unfortunately one of those things that are cheaper the younger you are when you acquire it , and more expensive as time marches on . The majority of insurers will stop offering policies after the age of 80 , so you will want to look for a trusted agent who can look for a company that will be the best fit for you . They can help you find a policy that may avoid being modified or graded , especially if your health is good , as you mentioned . I hope that helps you , if you 'd like more information , please do not hesitate to contact me , I 'd happily make time to discuss your concerns or questions with you . Thank you for asking !


Input: Is There Any Insurance Available For People, In Good Health At 81 Years Old?

Output: If you are in good health , I believe your best option is a good whole life policy for as much as you need and can afford , it will not be very cheap but with some shopping I do believe there are affordable options . The `` final expense '' policies do have some twists if you are not careful . The majority have graduated face amounts and some just refund premiums if you were to pass away in the first few years . Have a family member help you with you decisions . Do n't just take the first `` deal through the door '' . Good luck to you and God Bless you living to 81 years old and in good health . Cheers !


Input: How To Buy Short Term Disability Insurance?

Output: Short-Term Disability Insurance can be purchased from an agent or independent broker , who can compare plans and premiums from multiple carriers . Plans can be designed to match your requirements and budget by tailoring the a -RRB- benefit period -LRB- 1-5 Years -RRB- , elimination period -LRB- 30-90 days or longer -RRB- , and monthly benefit amount -LRB- normally limited to 60 % of income -RRB- .


Input: How To Buy Short Term Disability Insurance?

Output: There are very few companies that sell private short term disability insurance . In fact , that only two that are known to me are Assurity Life and Mutual of Omaha . To purchase their short term disability policies , you could contact our website or any other agency that sells products by these carriers .


Input: Does Health Insurance Cover Psychologists?

Output: Most health insurance plans have psychiatric benefits . Some plans will have limitations on the number of outpatient visits , or limit the number of inpatient days . Some plans , particularly HMO plans , require a referral from your primary care provider . Be sure to use a network provider to minimize your out of pocket costs .


Input: When To Apply For Long Term Care Insurance?

Output: It is best to apply for Long Term Care Insurance before you have any major health problems , or even before your joints start to wear out . Long Term Care Insurance can rate up or decline a policy for things that are not life threatening , but that can increase one 's chances of needing assistance , such as rheumatoid arthritis or osteoporosis . Applying by age 60 is a good idea .


Input: Will The New Health Care Law Save Money?

Output: That is the debate of partisan politics in a world that recruits `` substantial economic experts '' on each side of the argument . But at the end of the day , the math will be the telling factor . Most independent libertarian economists -LRB- which is about the only group not invested in the fight -RRB- lean towards higher premiums for most paying Americans and higher taxes to make up for the predicted short fall by tax payers .


Input: Does Health Insurance Cover Having A Baby?

Output: Most health insurance plans cover the delivery and related expenses of having a baby . Maternity benefits are now mandated by the ACA -LRB- Affordable Care Act -RRB- and any Marketplace Metal plan must cover these expenses . A deductible could apply and there will be some out-of-pocket expenses . Also , if you have a grandfathered plan , it is possible that maternity benefits will not be covered .


Input: Does Health Insurance Cover Having A Baby?

Output: The general answer to your question is `` Yes '' . Certainly all major medical policies issued on or after January 1 , 2014 have to cover maternity as they would any other illness -LRB- generally subject to the plan 's deductible and coinsurance coverage provisions -RRB- . It is possible that a person who has an older health insurance policy that was in effect prior to March of 2010 and that has not been modified since that time is what is called a `` grandfathered '' policy and it might not cover maternity . This would be most likely to occur with someone covered under an individual health insurance policy though there is some chance that it could be in the group setting depending upon the state you are located in and the insurance carrier you are covered with .


Input: Does Health Insurance Cover Having A Baby?

Output: Congratulations ! Great question ! You should check with your insurance company if you got the policy through your workplace just to be 100 % certain , but most all policies will cover most , if not all of your maternity claims . The Marketplace policies , if you purchased one there are required to , another benefit provided by the ACA . If you need any help , -LRB- except babysitting -RRB- please feel free to contact me . Again , Congratulations , and thanks for asking !


Input: Does Health Insurance Cover Having A Baby?

Output: Under the affordable care act , a core of 10 essential health benefits must be met under each marketplace health plan on or off the exchanges . One of these benefits is maternity and newborn care . This includes care women receive during pregnancy , including prenatal care , in labor , delivery and post-delivery , and care for newborn babies .


Input: Does A Life Insurance Policy Earn Interest?

Output: A term life insurance policy does not earn interest , either in the cash value or face amount . It does not earn interest on the cash value because there is no cash value in term life . The death benefit is exactly what you purchased , and does not grow due to interest earned . Permanent insurance does earn interest . However , it is not as simple as putting money in a savings account and having the cash grow by a certain percent . A current illustration will show how your premium is applied to the costs in your policy , and how much it will grow at the stated interest rate .


Input: Does A Life Insurance Policy Earn Interest?

Output: There are two permanent cash value life inusrance policies that use interest rates in their crediting method : participating whole life and current assumption universal life.participalting whole life uses a combination of interest rate returns and the return of unused expenses to create a dividend . Current Assumption universal life use interest rate crediting for both their current and guaranteed interest rates .


Input: How Much Will My 401K Be Taxed?

Output: It depends on what income bracket you fall into , meaning it will be taxed like ordinary income , but if you take it out before 59 1/2 you will have to pay a penalty and federal and state taxes.Your actual federal tax rate will depend on your ordinary income tax bracket , which is more commonly 25 % -28 % for middle income Americans . PLUS you will pay an additional 10 % penalty AND state income taxes . In short , it is not a savings plan and specifically for long-term , retirement accumulations . If you use it for other purposes , you will lose 40-50 % in taxes.However , upon retirement you will pay only ordinary income taxes , without the penalty very much like you do with your current paycheck . The 401 -LRB- k -RRB- is designed to replace that paycheck when you are too old to work .


Input: How Much Will My 401K Be Taxed?

Output: Your 401k will be taxed at the same tax rate as your salary is or was taxed at unless the income from your 401k falls below what your salary used to be and that positions you in a lower tax bracket . In that case , your tax would be less because your income would be less .


Input: Is Long Term Care Health Insurance Worth It?

Output: One of the first things to consider in the purchase of any product is the value proposition of the policy offering . Is $ 300 a month on a long term care policy with an inflation rider , for two healthy nonsmoking 60 year olds , based on the average senior couple spending $ 250,000 in medical and extended care throughout their retirement years worth it ?


Input: Is Long Term Care Health Insurance Worth It?

Output: Is long term care insurance worth it ? Well , most people who purchase long term care do so for a couple of reasons . First the idea of spending down their assets to gain public assistance does n't appeal . Second , they know the Long Term Care Insurance will protect their assets allowing them to receive care covered by their insurance rather than the sale of their assets .


Input: Can You Sell A Whole Life Insurance Policy?

Output: In most cases , yes you can sell a whole life insurance policy . It must have a significant amount of cash value built up and a decent face amount to be marketable . There are two types of companies that purchase whole life insurance policies . The first is a life settlement company and the second is a viatical company . These types of companies assess the value of your policy , age and your health in order to calculate a price . Once ownership is transferred the company becomes owner and beneficiary and pays all premiums .