Input: How Much Short Term Disability Insurance Do I Need?

Output: Short Term disability Insurance pays a percentage of your salary if you become temporarily disabled , meaning that you are not able to work for a short period of time due to a sickness or injury -LRB- excluding on-the-job-injuries , which are covered by workers compensation insurance -RRB- . A typical short-term disability insurance policy provides you with 40 to 65 percent of your pre-disability base salary , according to the Life and Health Insurance Foundation for Education . The National Association of Insurance Commissioners estimates that these benefits generally last between three to six months . Most short-term disability insurance policies have a `` cap '' , meaning you receive a maximum benefit amount per month . Short-term disability insurance policies also have a limit on the amount of times that you can receive benefits-up to two years , according to the Insurance Information Institute . .


Input: How To Cancel Critical Illness Insurance?

Output: If this is an individual critical illness insurance policy , you simple call the company that issued the policy and tell them that you wish to cancel the policy . They will typically process the request . If you are paying the premiums monthly and on an electronic funds transfer , they will cancel the EFT and refund any unearned premium .


Input: How To Cancel Critical Illness Insurance?

Output: Canceling an insurance policy is very simple . You may call your agent and have them cancel the policy the agent may refer you to the company customer service number , more than likely if you have you have good agent he will finish the process for you . There will be some forms to to sign possibly , depending on the carrier you are with .


Input: Is Homeowners Insurance Cheaper Than Landlord Insurance?

Output: We will begin to answer this question with the following caution : when one asks about a policy being ` cheaper ' than another -LRB- especially when it is the first question asked -RRB- , the immediate concern arises regarding the lack of importance of the coverage which is the primary reason for purchasing the insurance . To answer the question correctly , Homeowners Insuranceand Landlords Insuranceare not related in any way other than to provide property coverage on a similar dwelling . TheHomeowners Insurance policy is defined and writtenfor the Owner Occupied home of the titled owner of the property ; the Landlords Insurance policy is defined and written for the Tenant Occupedhome of the titled owner of the property . Each policy contract contains an Occupancy Clause stating the occupancy of thedwelling insured . We have witnessed large losses which have been denied by carriers due to the occupancy not matching the policy purpose . Therefore , if you have a tenant occupied home , you will need to purchase a Landlords Policy and if you are seeking to insure your primary home , you should purchase a Homeowners Policy . The LandlordsPolicy statistically poses a greater risk factor to the insurance company ; however generally , the LandlordsPolicy does not provide coverage for personal property -LRB- contents -RRB- and provides a more limited form of Liability Coverage listed as Premises OnlyLiability . Now , regarding cost , the premium is specific to the carrier 's experience with each type of policy.There are insurance carriers that have a much worse historic experience on tenant occupied properties ; thus , the Landlords Policy would be rated as a higher risk than the Homeowners Policy . However , in most cases , for the same Dwelling Coverage amount , we find that the Landlords Policy Premium islower than the Homeowners Policy . Awise word to the public would be to purchase the correct coverage for the application since if a futureclaim is denied based on the incorrect policy form being purchased , the whole purpose of the insurance is void and unnecessary . For more information regaring Homeowners Insurance , please click the following link : WEBSITELINK


Input: At What Age Can I Get Medicare?

Output: If you are disabled , you can get Medicare 2 years after starting to receive Social Security Disability benefits . If you have end stage renal disease or ALS , you can start receiving Medicare after meeting the criteria set forth for those illnesses . Otherwise , you can get Medicare at age 65 .


Input: What Does Medigap Plan F Cover?

Output: Medigap plan F is the all inclusive Medicare supplement plan that is popular with many Medicare beneficiaries . Plan F pays 100 % of Medicare approved Part A and Part B charges that are not paid by Medicare due to deductibles and coinsurance . There are more cost efficient options for most people . Over 90 % of my Medigap clients pick something other than plan F


Input: What Does Medigap Plan F Cover?

Output: Medigap plan F is the most popular Medigap plan you can buy because it 's offers the most comprehensive coverage . It covers all 9 Medigap benefits at 100 % from day 1 . The 9 benefits are : 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefits are used up 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment 5 -RRB- Part A hospitalization deductible 6 -RRB- Part B medical deductible 7 -RRB- Part B excess charges 8 -RRB- Skilled nursing facility co-insurance 9 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Plan F also offers a high-deductible version of the plan -LRB- known as Hi-F or High-F -RRB- it is the only plan that offers this feature . Under a High-F plan , the insured must pay for Medicare-covered costs up to the years deductible amount $ 2,140 in 2014 before the plan pays anything . The benefit of the High-F plan is that it offers the insured a much lower monthly premium than a regular plan F. I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Does Medicare Part D Cover Remicade?

Output: People with Crohn 's or other auto-immune diseases may find symptomatic relief with Remicade . The drug is administered by infusion , normally in a clinic or doctors office . Infusion therapy is covered under Medicare Part B , not Part D . If you are receiving infusion therapy in your home , Medicare will not cover the treatment .


Input: Is Long Term Care Insurance Worth The Price?

Output: Is long term care worth the price ? That really is up to the individual . I guess those who go through the steps to purchase long term care feel it is worth both the time and money to own . Long term care is n't for everybody , but it is for those who want some control over the care they receive in the later stages of their life .


Input: Is Long Term Care Insurance Worth The Price?

Output: Yes , long term care is worth it ! Long term care insurance is the newest insurance type - introduced in the 1970s . It continues to evolve and cover more . So , it provides more value for the premiums people must pay . That is in spite of the persistent low interest rate environment that makes the job of the insurer more difficult . Most are still not covered by long term care insurance yet , at an average daily rate of $ 248 , an average nursing home stay of 835 days currently costs over $ 207,000 , making the cost of care virtually unaffordable for many Americans .


Input: Does Medicare Cover Naturopathic Medicine?

Output: No , Medicare does not cover Naturopathic medicine . Naturopathy treatments are considered one of a number of Alternative Therapies , or Alternative Medicine , by the Centers for Medicare and Medicaid Services -LRB- CMS -RRB- . The CMS also does not approve of Complimentary Medicine , which incorporates spiritual and metaphysical elements into the healing process .


Input: When Does Term Life Insurance End?

Output: Term Life Insurance Ends when the contract period is over . Term life Insurance ends when you havent paid your premium and the reinstatement period is over . Term life insurance ends when a death claim occurs while the policy is in force . Term life insurance ends and permanent life insurance begins when the conversion privilege is exercised on the existing term life insurance policy .


Input: Is Cash Value Of Life Insurance Taxable When Surrendered?

Output: When you surrender your life insurance you are cancelling your policy . Then you have to pay taxes on whatever amount your policy value has increased , not the entire cash value , only on the increased amount , sort of like interest earned . However , a much smarter way to do things would be NOT to cash in your policy , but rather to get a policy loan . This way you still have a policy and are not left with no insurance , and perhaps unable to buy life insurance again , due to age or health . You also continue to earn on the policy , as though the money was still there , although the death benefit is reduced , unless or until you pay back the loan . But you do not have to pay it back , unless you so choose . You should discuss this with an experienced life insurance agent . Gary Lane , Registered Representative , New York Life , 949 797 2424 . Thank you .


Input: Is Cash Value Of Life Insurance Taxable When Surrendered?

Output: Cash value life insurance gains are taxable at time of surrender of your life insurance policy . The amount you paid in with your premiums was paid with post tax dollars and not subject to tax . As Gary stated , the best way to avoid these taxes on your cash value gains is to borrow against the value and use your money tax free . The policy loan interest rate will be minimal compared to the rate of the taxes you will owe against your gains . This option as keeps your face amount death benefit in force until the cash value is depleted to a certain point , which by the way is still growing inside the plan . I advise you to call your agent or the insurance company to discuss your options to avoid unnecessary taxation .


Input: Can I Change Homeowners Insurance At Any Time?

Output: A homeowners policy much like an auto policy can be cancelled and taken up with another carrier at any time . Any portion of premiums that have been paid and not used should be refunded by the carrier . If you wish to switch carriers at any point in time you may do so .


Input: What Is The Bottom Line Cost For A Shingles Shot?

Output: The `` bottom line '' cost of shingles would vary depending on the severity of your condition , your insurance benefits , and where you seek treatment . Most forms of shingles , which have been known to reoccur for years in some cases , are treated with medications . As long as you are insured , the cost for your treatment would be equal to the cost of your doctor visits combined with the copayment for your medications . If you are uninsured , you can find a doctor to see you for less than $ 60 in most cases , or consider trying telemedicine , where a visit can cost $ 30 or less . Once your medication has been prescribed , try www.GoodRx.com to find the lowest priced available in your local area for the medication you need . For a minor case of shingles , you can often be treated for less than $ 100 total . Major cases , that reoccur for years , can cost many times that amount .


Input: What's The Average Cost Of Home Insurance?

Output: Homeowners insurance rates are going to vary depending on many factors . A few of those factors are the age of the premise , the valuation of the premise , the geographic location of the premise , the insured 's claim history , the building materials used to construct the premise , the distance of the nearest fire department , and the distance of the nearest fire hydrant just to name a few . In my area and based on my experience , I would say the average is around $ 1000/yr .


Input: Is Shareholder Life Insurance Deductible?

Output: In Canada , in most cases , life insurance premiums are not deductible . There are a couple of exceptions : 1 . If the insured is applying for a loan and the institution lending the funds requests that he or she buy life insurance as collateral , a portion of the premiums on that policy qualify as a deductible expense -LRB- the Net Cost of Pure Insurance -RRB- 2 . Where a donor donates a life insurance policy to a charity or a charity takes out a policy on the donors life , the premiums paid by the donor will be considered a charitable donation eligible for a charitable tax credit -LRB- for individuals -RRB- or deduction -LRB- for corporations -RRB- . Even though it is not deductible there are several situations where corporate owned life insurance should be considered . For example : The insurance is required to fund a buy-sell agreement , there will be more than one insured shareholder . There will probably be different ages and unequal premium rates . There may also be cost differences among shareholders due to underwriting premium ratings . Corporate-owned policies help to equalize the resulting premium differences . The taxpayer with the lowest tax rate requires less pre-tax income to pay the premiums ; their dollars are cheaper . In many cases that could be the corporation . 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 . -LRB- Since tax laws vary by jurisdiction and do change , check with your local tax and professional advisors . -RRB- Note : The information contained in this article is intended to provide general guidelines only . The application and impact of the law can vary widely from case to case based on the specific or unique facts involved . Accordingly , the information in this article is not intended to serve as legal , accounting or tax advice . Users are encouraged to consult with their professional advisers for advice concerning specific matters before making a decision .


Input: What Does It Mean To Have A Health Insurance Deductible?

Output: A health insurance deductible is very common . Typically , it is approximately $ 500 - $ 5,000 -LRB- Yes ... that is a big range -RRB- and it applied to major medical claims and often ER visits , inpatient surgeries and outpatient procedures . Usually , depending on the policy office visits and many prescriptions are not subject to the deductible . Of course , a higher deductible will lower your rates .


Input: What Does It Mean To Have A Health Insurance Deductible?

Output: What does it mean to have a health insurance deductible ? A deductible reflects the amount that you are willing to self insure on your health plan . The deductible is the first part of a health insurance bill when it comes . That portion is on the insured to pay . The next phase is co-insurance where you and the insurance company split the bill .


Input: Does Critical Illness Insurance Cover Thyroid Cancer?

Output: Critical illness insurance pays for thyroid cancer if the cancer is serious . E.g. Critical illness insurance does not pay for cancer that is in situ , but will pay if the cancer is in a more advanced stage . That being said , you need to consult the policy to see their guidelines for thyroid cancer . It may have be to a certain size to be covered . But thyroid cancer is covered in many situations .


Input: Does Critical Illness Insurance Cover Thyroid Cancer?

Output: Many Critical Illness Policies consists of Heart Attack , Stroke , Renal Failure , and Cancer . Some have separate coverages for Cancer . Cancer will be in that within that category as a Critical Illness , but , as a separate policy . It is best to have that added into the policy because there is a different lump sum payment for the treatment of the disease . Depending on the company which will have different payment plans . For critical illness is for the extreme purpose of financial stability , and the cost for the treatment of the disease .


Input: Does Critical Illness Insurance Cover Thyroid Cancer?

Output: Whether the critical illness insurance policy will cover thyroid cancer depends on the wording of the policy . But criticall illness insurance certainly can and does pay for thyroid cancer in some situations . Policies will list the type and stage of cancers excluded , which are normally low risk cancers that can be treated with non-aggressive treatment plans . Thyroid cancer is considered serious enough to be covered by at least some critical illness policies .


Input: Why Get Short Term Disability Insurance?

Output: Social Security disability benefits can generate some income during a prolonged sickness and/or recovery from an injury . Some employer group plans also offer short term disability . But if your employer does n't offer disability benefits , then most advisers recommend having at least short term disability insurance if you ca n't afford long term disability premiums .


Input: Can I Put Life Insurance On Someone Else?

Output: Yes in some instances . To be able to purchase a life insurance policy on some else require an `` insurable interest '' and the permission of the person to be insured . Immediate family typically have an insurable interest on each other -LRB- i.e. husband , wife , children , grandparents -RRB- . A company could also have an insurable interest in key employees . Contact a local agent to discuss your needs and wants in life insurance coverage and they can provide you with information on the policies that they would have available to fit your needs .


Input: How Much Is Disability Insurance Per Month?

Output: Disability premium pricing depends on your medical information , behaviors and your compensation . Medical information is collected such as gender , age , smoking status , health history , current medical condition , etc. . Behaviors like dangerous recreational activities , hazardous vocations and motor vehicle violations . And how much of your compensation do you want to coverage within the limits of disability insurance ? The generally rule of thumb for a nonsmoking healthy male covering 60 % of his compensation can be 3 to 5 % of the compensation coverage . So divide that number by 12 and youll get an approximation on a monthly premium .


Input: When Should We Get Life Insurance?

Output: The best time to get life insurance is while you are young and healthy , because the rates are lowest then . However , many people do not think of buying life insurance until they get older , and see that they were not able to save up what they thought they would . Or when they are diagnosed with an illness , and faced with their own mortality . The cost will be higher at an older age , but your years for needing the policy will be shorter . And if you have a controlled health condition , you may still find some reasonable rates . Age and poor health do not eliminate the need for life insurance , and there are policies available to almost everyone .


Input: When Should We Get Life Insurance?

Output: When you should get life insurance depends on what your situation is and what you want to accomplish . For example , if you are married and have kids you might want to consider getting life insurance to make sure your family has the means to maintain their living style until the kids move out and/or get to college if a parent dies . Life Insurance can replace lost income if a working spouse passes away . It can supplement future income needs . It can protect you business from a partners heirs getting half of the company upon death . Now is a great time to get the protection you need .


Input: Can I Get Auto Insurance Without A License?

Output: There are several way that you can do this . There are Many carries that will insure you even if you do not have a license . Always check your state laws . There are carriers that understand that you may need a Sr22 to get your license and to do this you must have insurance so you purchase the insurance with out a license then after you get your license in place because you got the SR22 contact your agent it should lower your rates . You DO NOT have to own a car to get insurance . You can get in some states what is called a Non owned policy and also some states have what is called a broadform and this covers any car you drive I Highly suggest that you contact a reputable independent insurance agent . They should be able to guide you through the proper laws and rules for your state .


Input: Can I Get Auto Insurance Without A License?

Output: Yes , as long as you have a insurable interest in the vehicle -LRB- you own or lease it -RRB- and that there is a valid , licensed driver in your household that will use the vehicle . The insurance policy will be listed in your name and the licensed operator will be listed as the driver . If you would like a quote contact me at fwinterle@creativeins.net .


Input: Who Regulates Life Insurance In Pennsylvania?

Output: The Pennsylvania Insurance Department regulates life insurance in PA. . Michael Consedine is the current Insurance Commissioner for the PA Insurance Dept. The Office of Insurance Product Regulation and Administration , which is part of the PA Insurance Dept , reviews and regulates life insurance rates and products approved in the state of Pennsylvania .


Input: Will Businesses Have To Provide Health Insurance?

Output: Business ' with 51 or more full-time employees -LRB- FTE -RRB- are required to offer health insurance benefits that meet the essential benefits requirements and also meet the premium/affordability guidelines set by the government . If the companies do not offer benefits they are subject to harsh tax penalties . Smaller business with 50 or fewer full-time employees are not subject to the rules and can forego coverage without being penalized . Moving forward there will be a shift in small group plans offering defines contribution plans as a way to reduce company costs on health insurance . For more information on group benefits visit www.clminsure.com or call 561-320-2978


Input: Who Are The Largest Health Insurance Companies In The Us?

Output: According to the National Association of Insurance Commisioners -LRB- NAIC -RRB- the following are the top 10 Health Insurance Companies : 1 . United Healthcare 2 . Wellpoint Inc. . Group -LRB- Blue Cross and Blue Shield Association serving members in California , Colorado , Connecticut , Georgia , Indiana , Kentucky , Maine , Missouri , Nevada , New Hampshire , New York , Ohio , Virginia and Wisconsin -RRB- 3 . Kaiser Foundation 4 . Aetna Group 5 . Humana 6 . HCSC -LRB- Blue Cross and Blue Shield of Texas , New Mexico , Illinois , Oklahoma -RRB- 7 . Coventry Corp. . Group -LRB- although they were purchased by Aetna -RRB- 8 . Highmark Group -LRB- Blue Cross Blue Shield of Pennsylvania and other companies -RRB- 9 . Independence Group 10 . Blue Shield of California


Input: How Much Is A Typical Life Insurance Policy Worth?

Output: According to the American Council of Life Insurers -LRB- ACLI -RRB- , in 2008 , the face amount of the average life insurance policy in the US was $ 183,000 . In 2010 , the face amount of the average life insurance policy was $ 165,000 . If Term insurance , there is no cash value worth to the policy itself . The average cash value worth of Permanent insurance is less than the face amount , with the amount of cash value depending on how long ago the policy was purchased and the interest rate .


Input: Does Car Insurance Go On Your Credit Report?

Output: When you apply to buy insurance , most insurance companies will take your credit into consideration . It is considered a `` soft hit '' . It will show up on your credit history that there was an inquiry , it does n't change or effect your credit . So whatever your credit score was before you apply for insurance is what it will be after applying . To my knowledge , California is one of the states that mandates insurance companies not take a person 's credit history into consideration when rating the premium . You can check with an insurance agent or broker licensed in your state to see if your state as the same rules .


Input: Where To Find The Best Car Insurance?

Output: Where can you find the best car insurance ? Based on my 32 years of experience as a broker , the best place is directly from a broker and/or his/her reputable website . Usually , within minutes , you can easily view and compare the lowest rates in your area . A broker can then `` fine-tune '' those quotes so that the company and coverage you receive , will best match your specific needs . Keep in mind that although paying the lowest rate is what every customer wants , it 's important to have the right coverages and be insured with a reputable and reliable company . An experienced broker will ensure you are in good hands , whether it 's with Allstate or not !


Input: When Should I Get Whole Life Insurance?

Output: You should buy a whole life insurance policy as soon as you can identify a need for the coverage . Specifically it should be a need that you will not outlive . None of us will outlive final expenses and according to recent evidence these could be substantial . You shouldnt buy whole life insurance and neglect providing sufficient coverage to meet the current needs of those that you love . This is more important .


Input: When Should I Get Whole Life Insurance?

Output: That is an excellent question ! Since the majority of companies will have fixed rates for the policy , it makes sense to purchase it as early as possible . Many times I 'm asked - `` why should I buy insurance for my kids ? '' , and the answer is this - because kids pass also , and God willing they live long , healthy lives , they will never pay more that what the original premium price is . Many policies will also offer the opportunity to increase their coverage without having to do any underwriting ! I hope that helps , thank you for asking !


Input: When Should I Get Whole Life Insurance?

Output: If you understand the costs of whole life versus other types of coverage and this purchase is suitable for you , I would purchase at a young age . You will also want to investigate the purchase from a mutual company , one whose policy holders own the company . In this way , your policy should qualify for dividends as well as interest .


Input: When Should I Get Whole Life Insurance?

Output: When should I get Whole life insurance ? YESTERDAY ! Whole life is a product that never gets `` cheaper '' so as soon as you can , purchase your coverage with what you can afford . This locks the price in and it will never rise , your cash values will never go backwards and most important , it is the ONLY policy you control .


Input: How Can I Get Life Insurance Online In Ohio?

Output: Although these answers are accurate , you may be better served working with a licensed agent advisor in your community . Many people who purchase life insurance online regrettably do not get the optimal insurance for their needs and objectives . Life insurance is not a commodity ; today more than ever carriers are releasing new products addressing a variety of needs . If you truly want to save time , money , and frustration , utilize the service of a quality local agent who can serve you initially and as your needs change . Look to trusted friends/relatives for recommendations in your community .


Input: How Can I Get Life Insurance Online In Ohio?

Output: Getting life insurance online in Ohio can save you time , money and frustration . Purchasing a policy through an Ohio broker and their website will allow you to shop and compare the top-rated companies and their policies . As an Ohio broker for more than 32 years , we 're aware of which carrier offer the best rates and what types of plans are the most appropriate for your situation . We 're `` in your community '' and share the same goals and dreams you do . The combination of a top-rated website and three decades of local experience is tough to beat ! Term and permanent coverage is available that is suitable for the vast majority of people that apply . For persons with serious medical conditions , there are companies that specialize in non-standard risks and often the prices are extremely affordable . `` No physical '' policies are also available from many of the top carriers .


Input: How Can I Get Life Insurance Online In Ohio?

Output: You can simply search for online life insurance brokers . Some will have forms for you to fill out for instant quotes and other will have contact forms for you to contact an agent for a quote . Either method will allow you to purchase life insurance online .


Input: How Can I Get Life Insurance Online In Ohio?

Output: To get life insurance online in Ohio , go to a website that shows instant quotes and see if a quote comes up for Ohio . Once you have a policy in mind , either call or email the online website so that you can cover all the health questions to be sure you qualify for the one you chose , or to find a better option for you . The online agency in Ohio will guide you on how to apply and put the policy in effect . You can do it all without ever meeting with an agent .


Input: Where To Sign Up For Medicare Part B?

Output: You can sign up for Medicare Part A and Part B online at WEBSITELINK . Or you can visit your local Social Security office to sign up . A website where you can input your zip code to find the address of your local Social Security Office is at this link : WEBSITELINK r you can call Social Security Medicare at 1-800-772-1213 . If you worked for the Railroad , call the Railroad Retirement Board at 1-877-772-5772 .


Input: Can An Annuity Be Rolled Into A 401K?

Output: If youre addressing existing non-qualified annuity and you desire to use in funding an 401 -LRB- k -RRB- , the following cautions are advised . Your name may be the same on the annuity as well as the IRA , but it reality , your changing ownership registration . If that happens your annuity , if effect , is being surrendered and that surrender will trigger an ordinary income tax event on the gain in the policy . If youre under age 59 an additional 10 % penalty will be assessed as well . And dont forget non-qualified annuity basis is tax free , by inserting it into an IRA ; you give up the tax free status of basis because all IRA distributions are an ordinary income tax event . Before moving forward with any changes consult a tax advisor or CPA .


Input: Can My Wife Get Medicare?

Output: If your wife is age 65 and has paid into Medicare taxes for at least 10 years throughout her life , she can get Medicare . If she was a full time homemaker , she can get Medicare based on your contributions . She will need to wait until she is 65 , even if you retire and start getting Medicare before she turns 65 .


Input: How Do You Pay Premium Of SBI Life Insurance Online?

Output: I do sell quite a bit of SBLI term life and if you select monthly you should be on an automatic bank draft or EFT . You can visit their website at WEBSITELINK and select `` Service '' then click on `` Make a Payment '' to set up an EFT . You may also snail mail a check to SBLI USA Life Insurance , PO Box 646 , Newwark , NJ 07101-0646 .


Input: Can Life Insurance Be Salary Sacrificed?

Output: This question appears like an inquiry from the UK , a country known for the phrase salary sacrifice . In US terms , compensation can be arranged in several ways to maximize a persons compensation package of earnings and benefits . Some pension contributors trade salary for benefits , both qualified and non-qualified . Some qualified plans may include life insurance . Generally , executive non-qualified plans can include life insurance such as section 162 bonus arrangements and other deferred comp plans .


Input: Does Homeowners Insurance Go Up After Making A Claim?

Output: Rates going up for making your first claim can vary by carrier . Many insurance carriers offer a claim free discount so making a claim can remove this discount which looks to the consumer as a rate increase . Also the type of claim can make a difference if the rates are effected or not . There are many variables and so I recommend you always consult with your local agent on how a claim may effect your rates or eligibility .


Input: Does Homeowners Insurance Go Up After Making A Claim?

Output: Many time the answer is yes . But the rates increase rarely that much compared to what it would of cost your to fix what was damaged from the claim . There are many factors to rate increases sometimes the rate increase is just a rate revision and has nothing to do with your claim I recommend you talk to your agent and they should be able to tell you what the rate increase was from


Input: Does Kroger Offer Health Insurance?

Output: Good question . Employers have their own guidelines that determine if an employee is eligible for health coverage such as full or part time , sometimes you are automatically enrolled and sometimes you have to wait a certain amount of time . It 's important for you to know that you can apply for your own health plan and if you change jobs you wo n't have to worry about your health benefits being terminated .


Input: Is Insurance Required To Register A Car In Alabama?

Output: The state of Alabama does require proof of liability insurance to register a car . As of Jan 1 , 2013 Alabama can check your insurance against the Alabama Online Insurance Verification System -LRB- OVIS -RRB- to verify the insurance . You can find a list of the full requirements for registering a vehicle on the Alabama Department of Revenue website .


Input: What Is The Penalty For Cashing Out A 401K Early?

Output: Looks like David has covered the question pretty thoroughly so I 'll just give the short answer . When you withdraw from your 401K early - that is before reaching age 55 , you will be taxed on the entire amount . Then you will be penalized ten percent of the pre taxed amount . On top of that you may also have a percentage withheld for income tax for the year of withdrawal .


Input: What Is The Penalty For Cashing Out A 401K Early?

Output: Company sponsored retirement program can have provisions that allow participants to withdraw funds from their active program . The criteria for who can exercise these options are detailed in the plan documents which are normally available from the company headquarters . Some plans allow withdrawals to assist in the purchase of a home , to pay for education , or emergencies . The withdrawal provision will often require that the amount withdrawn be repaid and might stipulate a specific time frame for the repayment . The Internal Revenue Service looks at these withdrawals as distributions and taxes them accordingly . If the retirement fund is entirely money contributed by the employer , the distribution would be treated as ordinary income and if the employee is less than 59.5 years old an additional 10 % penalty tax is also applied . The same general taxation is applied if the employee contributes to the pension plan but the contribution has not been taxed as income . This is a salary reduction agreement . This is the most common form of pension plan today . If the employee has made after-tax contributions to the pension plan those are treated differently and some or part of the withdrawal might be seen as a return of principle . The determination of tax is done by the employers accounting firm . They will notify the employee if any tax is due . The employee must report this to the IRS which will determine if the penalty tax applies . There are exceptions to the early distributions penalty tax . If the qualified plan had an auto-enrollment feature and the employee decides to not participate in the plan , that withdrawal is an exception to the early withdrawal tax . If the amount placed in the plan exceeds the annual allowance under the Internal Revenue Code , money can be withdrawn without penalty to bring the plan into conformity . These withdrawals must be made in a timely manner . When the participant dies , or becomes totally and permanently disabled , the money from the retirement fund can be distributed without incurring the early withdrawal tax . If the money is being withdrawn from the retirement fund to satisfy a qualified domestic relation order the distribution will not be subject to the early withdrawal tax . This occurs frequently in divorce proceedings . If the employee withdraws substantially equal payments over a period of time those distributions would not be subject to the early withdrawal tax . This can be quite tricky and legal and accounting advice should be sought . There isnt an early withdrawal tax on the amount withdrawn if the Internal Revenue Service has put a levy on the pension plan . If money is withdrawn to pay medical expenses that exceed 10 % of the Annual Adjusted Gross income of the employee , those distributions are not subject to the early withdrawal tax . If withdrawals from a pension plan are being done by a qualified military reservist who has been activated , those distributions will be exempt from the early withdrawal tax If the withdrawal is from the current plan to another , particularly if it is being done from one trustee to another there will not be an early withdrawal tax . If the employ has reached age 55 and is separating from service with the company , the distribution will not trigger the early withdrawal tax . To determine how this tax will affect you contact your plan administrator , accountant or attorney .


Input: How Much Should I Expect To Pay For Car Insurance?

Output: In California car insurance rates are approved by the state Insurance Commissioner . They take into consideration , the driving record of all the members of the household , the type of vehicle to be insured , the use of the vehicle , the annual mileage of the vehicle and where the vehicle is located . An inexperienced driver , with a lousy driving record , driving20 ,000 miles a yearin a new sportscar who lives in a densely populated area can expect to pay a great deal . Total Words : 82 ay a lot for auto insurance .


Input: How Much Should I Expect To Pay For Car Insurance?

Output: You can expect to pay an affordable amount for your car insurance ... if you shop the right way ! An experienced broker can provide detailed rate quote information from top-rated companies , so you can view the best prices . Whether you have a great driving record or a few tickets , getting free quoting help will save you money . LIVE answer provided by : Ed Harris - Premier car insurance broker for more than 30 years and owner of several nationally-rated websites that offer the best available rates .


Input: Does My Auto Insurance Cover My Son?

Output: If your son is a licensed driver , he should be added to your policy as a driver -LRB- even if it is only for a minimal amount of usage -RRB- . If your son is a member of your household and is not of age to drive , your policy will cover him medically in the event of an accident . Everyone who is a household resident is covered under the auto insurance for medical bills.Every state has different rules when itcomes to medical bills , so it is always best to get the final answer from your local insurance specialist , or your current provider.Thanks for asking !


Input: Does My Auto Insurance Cover My Son?

Output: If your son is living in your home and has a license to drive , then yes , he would be covered on your auto policy , however , he would need to be added onto your policy so that your insurance company can receive the proper premium to reflect the risk . If on the other hand your son is an adult and living elsewhere , and he borrows your car , then yes , more than likely he is covered under your policy in most cases . It is always a good idea to check with your Insurance Professional about the specific terms and conditions of your policy .


Input: Does My Auto Insurance Cover My Son?

Output: Your question is really pretty vague . Cover the son , how ? Does he live at home ? Is he away at school ? Does he live in another residence ? Is he EXCLUDED from your policy ? Do you have a NAMED DRIVER tpe of policy ? Coverage can vary from State . In Texas , an insured party is defined as Named Insured -LRB- policy holder -RRB- , Spouse and residents of the household . There are provisions for permissive users -LRB- you give them permission to drive your car on a TEMPORARY basis . -RRB- When in doubt ... be sure to list him as a driver on your insurance policy . This way , you will KNOW that he is covered .


Input: Does Medicare Pay For Xolair?

Output: No . Xolair is the name of a medicine and is not covered by Medicare Part A or Part B . It may be covered under a stand-alone Part D prescription drug plan . You can use the plan finder tool on the Medicare.gov website to see what plans in your area will cover the prescription . A plan 's formulary will tell you if the prescription is covered and at what tier . Please let me know if I can be of further assistance . Thanks very much .


Input: What Is Better Medicaid Or Medicare?

Output: Medicaid is a medical assistance program for persons who have very low income and very low assets . Medicare is a health insurance program for those who are older or are disabled . There is no one better than the other ; the issue is which one do you qualify to receive .


Input: How To Compare Life Insurance Quotes?

Output: All that is correct Peggy . Yet it 's in the last sentence where you hammered it !! WHICH YOU ACTUALLY QUALIFY !!! Underwriting is how you should compare life insurance . I ca n't stand the dot.coms that make it sound like all plans are equal and it 's ONLY about price . AAAHHHH . Height , weight , tobacco , health , family history , driving history , occupation , hobbies , & MORE determine WHAT you qualify for . You might get preferred with one carrier when so many others might give you standard . We ask a few dozen questions when we begin a Life insurance conversation . If the agent you chat with only asks a few basics , you are betting on luck , not correct agency level underwriting . If you want to learn more about your life insurance options , reach out and get the free Audio called , `` Stop Wasting Your Money on Life Insurance '' . - gravy


Input: How To Compare Life Insurance Quotes?

Output: You can compare life insurance quotes by going to several different companies , or you can compare life insurance quotes by going to one website or agency that sells multiple companies . The advantage of doing your shopping in one place is that you will know you are comparing `` apples to apples '' . Life insurance has a dizzying amount of variables to consider , and every agent has their own idea as to what is important . When you compare quotes on a website quote engine , you are comparing the same plan against one another , although you still should visit with an agent to be sure that the one you select is one for which you actually qualify .


Input: Does Short Term Disability Insurance Cover Maternity?

Output: In order for a Disability Insurance policy to pay for time off from work due to maternity or childbirth , it must be a Short Term Disability policy . The terms of the policy will depend on which Short Term Disability policy you choose . Keep in mind that you can only purchase this type of coverage before becoming pregnant .


Input: Why Do Tenants Need Renters Insurance?

Output: That is a great question ! There are two reasons why tenants would want renters insurance . The first benefits the landlord , and that is why they want you to have it - it lowers their insurance bill , which hopefully translates into lower rent for you . The second is that it protects you , in the event that a neighbor -LRB- or you -RRB- accidentally damages your apartment , and the things thatyou own . Unless you have a bundle of cash to replace and repair everything , your renters policy is a good thing to have . Thanks for asking !


Input: Why Do Tenants Need Renters Insurance?

Output: you can expect the unexpected to hit Renters just the same as home owners . Both for example would have an exposure to fire and it may mean that the renter is more exposed to fire than a homeowner . With a renter you have no real way of knowing that the guy who lives below you smokes while going to sleep , but you are exposed to that . Additionally you liability issues that actually may be greater than a single family insured customer because of something in your lifestyle that makes you more likely to be a danger to your neighbor > Back in the 1970 's it was not uncommon to see young people using water beds . But you can imagine the problems that might ensue form a water bed falling apart in the way of creating a liability to the neighbor who lives below you . Many apartment management companies have therefore have gone to requiring some level of protection you offer them with your renters policy .


Input: How Much Will 401K Reduce Paycheck?

Output: Most employers give the employees complete discretion over the percentage of their income to be contributed to the retirement program . Some employers make enrollment automatic and then an employee must chose to be removed from the program if they dont want to participate . It could be that the amount of contributions can be altered as well .


Input: When To Cash In A Whole Life Insurance Policy?

Output: That is a great question ! I 'm not really sure what your motives are for cashing it in -LRB- `` surrendering '' -RRB- , but there are definitely some things you want to think about first . What protection will you have if you do surrender it ? Will you be left uninsured , or put into a position where finding a policy that is as affordable as the one your dropping is unreasonable ? If so , maybe keeping the policy is a better idea . Is it just that you need a smaller premium , or some quick cash ? If so , maybe reducing the face value is a better idea - the premium would be less , and you would still have coverage . If quick cash is the need , perhaps a policy loan would be better , all you have to do is find out from your agent how much is safely available to borrow from the policy , and keep the policy active . I hope this helps , contact me if you need help , okay ? Thanks for asking !


Input: When To Cash In A Whole Life Insurance Policy?

Output: Surrendering a whole life policy was a popular idea . It promoted the idea that a life policy was flexible life insurance to meet final expenses and any additional income the surviving spouse might require . The key though , is that you should surrender the policy when you know what you will need in the future and what you dont any longer need .


Input: When To Cash In A Whole Life Insurance Policy?

Output: Without knowing what your goals are I would tell you to never Cash-In your Whole Life policy . If you have cash value built up within the policy , you can pull that money out , tax-free , as a loan to supplement income , retirement , buy a new car , etc. . You may want to pay back the money you take out on your own terms however it is not required . Keeping the policy in force will keep the death benefit in tacked which will pay to your beneficiaries upon death . I would recommend talking to your agent/broker to help you decide the best options are when you retire .


Input: When To Cash In A Whole Life Insurance Policy?

Output: Never . It 's dumb to cash out a policy . You waste much more than you think when you cash out . The death benefit allows you spend everything else you 've saved up . If the policy is all you have then take loans until you have no more cash value . Much more cash flow that way than just cashing out .


Input: What Is Birla Life Insurance?

Output: Birla life insurance is life insurance sold through the Birla Sun Life Insurance Company Limited . The company is a joint venture of Aditya Birla Group of India , and Sun Life Financial , Inc , of Canada . Birla life insurance is primarily sold in India and is a very big part of the life insurance industry there .


Input: At What Age Does Auto Insurance Typically Decrease?

Output: Age 25 if your driving record is good . When you reach age 25 and have not had tickets or accidents that resulted in insurance claims , you are considered less risk to the insurance company . They will usually lower your rate but even if they do , that is a great time to Reshop the rate with several other companies . You will usually see even more savings that way .


Input: At What Age Does Auto Insurance Typically Decrease?

Output: Age 25 is usually when you see a decrease if you do n't have any tickets or accidents prior to rate . You will also see a decrease if your married . Taking defensive driving course within 3 years and \ or multi-policy discount such as a house will help depending on the insurance company .


Input: Is It Smart To Buy Life Insurance?

Output: The question is too vague . There is not a perfect answer to this general question because everyone has a different situation . Talk with a local professional agent and discuss your goals , current financial situation , etc and you will be able to design the appropriate financial plan . You will find that some people need to carry 8-figure life insurance needs and some will not need any and just need to focus on the disability/long-term care side of the equation .


Input: Is It Smart To Buy Life Insurance?

Output: `` Smart '' in this context is extremely subjective . You really need to consider the appropriateness of a life insurance purchase for your specific needs . If you have people who rely on your ability to earn income and provide for their well being than life insurance is most likely a smart purchase .


Input: Is It Smart To Buy Life Insurance?

Output: I believe it is smart to have at least some life insurance . If left untouched or managed properly , the proceeds will pay upon your death , which is the time when your loved ones need it . It goes to them tax free , in most situations , and bypasses probate . The money can be paid to them in a lump sum or in a stream of money over many years . No matter what other investments you have , it seems smart to include life insurance in your portfoliio for its favorable traits as they relate to survivors .


Input: How Much Is Health Insurance Per Month In Washington?

Output: The cost associated with health insurance in Washington state is dependent a couple different factors . Depending on your income you may find it better to apply through the Washington Health Plan Finder website -LRB- the Washington State Exchange -RRB- , you can also apply off the exchange . Next are these factors age , smoker / non-smoker , and for some carriers what county you live in -LRB- some carriers are not available in all counties in Washington -RRB- . Next you will want to find a plan that your doctor -LRB- s -RRB- accepts as well as your preferred choice of hospital . After narrowing it down using that criteria , you should have a handful of plans that will be available to you .


Input: How Is Accidental Death And Dismemberment Different From Life Insurance?

Output: Accidental Death and Dismemberment Insurance pays the face amount to the beneficiary only when death is caused by accident , such as a car crash or falling down stairs . It will also pay for loss of limbs . Life Insurance pays the face amount to the beneficiary when death is caused by illness , injury , old age , or any cause . There may be some stipulations , such as the suicide exemption during the first two years . But as a rule , Life Insurance pays upon loss of life . Period .


Input: What Do I Need To Sell Auto Insurance?

Output: The first thing you need is a State Insurance License . Check with your States Department of Insurance to see the requirements . One you attain your State Licensce you will need to be contracted with a Property and Casualty insurance carrier . If you are new in the business you may want to look at captive companies . Not knowing what State you are in I cant make any recommendations . You could also go to work for an established P&C Agency .


Input: Does A Life Insurance Trust File A Tax Return?

Output: As a Grantor Trust , the income is reported on the grantor 's individual income tax return , so the Irrevocable Life Insurance Trust does not usually need to file a tax return . If there is no income in the policy , you may need to write an initial note to the IRS stating that . If income is over $ 600/year , you may need to use Form 1041 to file a tax return for that year . Contact your tax consultant to get the final word on this .


Input: What Is Disability Insurance And How Does It Work?

Output: Disability insurance is paycheck protection against sickness and injury . While medical insurance pays the bills of hospitalization , disability pays a tax free benefit or income when you ca n't work . When you file a claim with the company , you generally have an elimination period like 90 days before benefits begin . Benefits are paid out during your disability according to your benefit period , i.e. five years or to age 65 .


Input: What Is Disability Insurance And How Does It Work?

Output: Disability Insurance protects your income during times of being disabled . Short Term Disability covers injuries and illnesses with a fairly short recovery time , normally a few months . Long Term Disability covers longer periods of disability , up to retirement age . How long the policy pays , and whether it only pays for full disability or also when unable to work full time , depends on features chosen in the policy . You can also pick how much of your paycheck you want to replace , up to a limit .


Input: What Is Disability Insurance And How Does It Work?

Output: Disability Insurance is a type of policy that pays a cash benefit to the Insured if the Insured can not work due to an extended illness or injury . When buying the policy , you select an elimination period , which is the waiting period until the policy pays out . As a rule , the longer the elimination period , the lower the premium . If you become `` disabled '' -LRB- laid up with a bad back , chemo treatments , or any other range of impairments that can keep you from working -RRB- beyond the time of the elimination period , the policy will pay you cash until you are able to work again .


Input: Who Would Be The Insured In Business Disability Insurance?

Output: The Insured in any disability policy , whether used privately or in a business arrangement , is the person who has the potential to become disabled . The benefit can be paid to the business or to the Insured , if the Insured becomes unable to do the tasks that their position requires .


Input: Who Would Be The Insured In Business Disability Insurance?

Output: In business scenarios , key executives that head operations and drive sales would be selected to offer disability insurance as a benefit to the employee as well as key employee coverage for the firm . Most large firms use disability insurances an employee benefit to recruit and retain key players in the organization .


Input: Can I Get Life Insurance If I Have Kidney Failure?

Output: If you are on dialysis due to kidney failure , you can still get guaranteed issue life insurance , if you fit those age guidelines . It will be graded during the first 2-3 years , which means that it would pay a limited death benefit if you passed away due to natural causes during that time . Accidental death usually pays 100 % from day one .


Input: What Is The Best Medicare Drug Plan For 2013?

Output: The best Medicare Part D plan for you is the plan that results in the lowest amount of expense to you based on the prescriptions you take . If you do n't currently take any prescription drugs , then it is the plan with the lowest premium . To determine which plan you should have , go to CMS.gov and enter your prescriptions . It will display all of the Part D plans available in your state and the estimated annual cost to you based on your prescriptions . Justchoosethe least costly plan .


Input: What Is Difference Between Collision And Comprehensive Auto Insurance?

Output: Collision coverage is for the physical damage to your automobile that comes about when you hit or are hit by another automobile , or object . This includes upset . The coverage pays for repairs to your vehicle for the amount of loss that exceeds your deductible . Comprehensive coverage pays for loss caused by anything other than collision . This coverage also includes damage caused by hitting a bird or animal .


Input: What Is Difference Between Collision And Comprehensive Auto Insurance?

Output: Both together form the `` physical damage/loss protection '' portion of your personal Auto Insurance policy . Collision is the more narrowly defined of the two in that it provides coverage in the event that your car is damaged as a result of coming into contact with another motor vehicle , a stationary object or a human being . Comprehensive provides coverage for most everything else , for example , theft , vandalism , fire , water , damage as a result of a falling object or contact with an animal , etc. . Both types of coverage settlements would be subject to a deductible in most cases . However , if your policy includes a Full Glass coverage option , damage to your window glass would not be subject to that deductible .


Input: What Is The Average Cost Of Home Insurance In Washington?

Output: Unfortunately , there is no way to give an `` average cost . '' The cost of the insurance varies based on a few different factors : location , age of the home/updates , coverage amount , owner 's insurance history , company providing coverage . As an example though , a $ 200,000 homeowner 's policy in metro King county , can be as little as $ 375.00 or as high as $ 700.00 per yeardepending on the factors listed above .


Input: What Is The Average Cost Of Home Insurance In Washington?

Output: You must be a mortgage broker or you 're buying your first home . I get this question all the time from mortgage company reps and first-time home buyers . There are many factors that make up a home insurance rate . Location of the home Age of the home Credit of the insured Other policies for discounts Coverage options you choose Most mortgage brokers use $ 50/m as an estimate as they work up your paperwork . My advice would be to work with a licensed agent that represents multiple insurance companies so they can shop for you .


Input: What Is The Dependent Age Limit On Health Insurance?

Output: Currently , a dependent , that meets specific requirements , can stay on a parent 's policy until age 26 . However , single health insurance policies on young persons are typically very inexpensive . If there are majorhealthissues , in 2014 , medical questions will not be asked an the Open Enrollment applications through State Exchanges and acceptance is virtually guaranteed .


Input: Does Homeowners Insurance Cover Accidents On Your Property?

Output: Depending on what type of accident yes it would be covered , If you had a slip and fall situation that would fall under the home owners policy but if you are talking about your car backed into the garage or another car then your auto policy would cover that liability.Also the accident if it was yourself that fell that would fall under a different portion of your home owners policy.I recommend you call your agent or your carrier with the details


Input: What Is The Best Homeowners Insurance In California?

Output: The best homeowners insurance policy is the one that best fits your needs . Ideally you want the most comprehensive policy at the most affordable premium . Other things to consider is packaging . I recommend as a homeowners you consult a local agent who can help you access your specific needs to determine what is right for you . WEBSITELINK


Input: What Is The Best Homeowners Insurance In California?

Output: The best Homeowners Insurance in California is the policy that assures protection against your home and valuables to the level that you require . ` The best ' in many cases seems to mean the ` cheapest ' ; however , for professionals , ` The best ' means the most comprehensive coverage . HDA Insurance offers a large array of insurance products fit for every type of client from ` the cheapest ' to ` the most comprehensive ' . You may visit them online at : WEBSITELINK or you may call them toll-free on : 877-931-3368 Please taketime to review the coverage as it is the purpose of why you seek insurance .


Input: What Is The Best Homeowners Insurance In California?

Output: Ask yourself a question about what would be better : eat a watermelon or eat an apple ? The answer depends on many different smaller questions : are you hungry , are you thirsty , are you constipated , do you have a refrigerator to keep watermelon leftovers ? Same with homeowners ' insurance carriers , each has something to offer , each has its ups and downs . For example , The Hartford recently changed the policy paper in California , which resulted in some coverage restrictions . In the same time , Travelers has better Green Home endorsement that is suitable in case of a total loss . Safeco has a great program for renter 's insurance . Contact us at 800-339-0104 or visit our website and compare instant homeowners insurance quotes from multiple carriers : WEBSITELINK


Input: Things To Know When Shopping For Health Insurance?

Output: That is a great question ! With any insurance , the goal is to find the policy that covers the most , for the least . With health insurance , you want to get a policy that has good coverage , and low co-pays and deductibles -LRB- The part you have to pay before they do -RRB- . I recommend that when you can enroll again this fall , that you go to the Affordable Care Act -LRB- Obamacare -RRB- site , as a part of the program allows for help in paying for the policy if you qualify . You may not get that help through a private insurer . Thanks for asking !


Input: Things To Know When Shopping For Health Insurance?

Output: The purpose of insurance is to protect yourself financially against a catastrophic event by shifting the risk to a third party -LRB- e.g. the insurance company - you pay a monthly premium and they take on the risk of claims -RRB- . In health insurance , 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 . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be . You may also qualify for a premium subsidy , depending on your income . If you qualify for a subsidy , you can reduce the total premium you pay for your coverage . You may also have the option of group health coverage available through your employer that can be competitive with an individual plan - the drawback with group coverage is that if you left the company , your coverage does n't go with you . You would either have to go on COBRA or enroll in an individual plan -LRB- assuming you do n't have the immediate option to enroll in a new group plan through your new employer -RRB- . This is where consulting with an experienced health insurance broker can be very advantageous . There 's many moving parts to health insurance and an experienced broker can help you compare a wide range of options to determine the course of action that is mostsuitabletoyour specific needs and budget.Please feel free to contact me for help . Thanks very much .


Input: Things To Know When Shopping For Health Insurance?

Output: Things to know are whether you may or may not qualify for a tax credit to reduce premium . If your current doctor is in the network . Qualifying life event during this SEP -LRB- Special Enrollment Period -RRB- Opt for a short term plan during SEP if you do not have a qualifying life event .


Input: What Is The Highest Rated Life Insurance Company?

Output: The highest rated life insurance companies in no particular order are : New York Life Northwestern Mutual TIAA-CREF USAA They all have the highest ratings a company can achieve by the credit rating agencies . Technically not an insurer , but a Fraternal , Knights of Columbus also has achieved ratings on par with the above listed companies .


Input: What Is The Cost Of Disability Insurance?

Output: If you want to cover your compensation , or in the street vernacular , get paycheck protection , youll spend between 5-8 % on disability premiums depending on your gender , age and health condition including . There are two ways to approach disability insurance : Nondeductible disability insurance , which can generate 60 % of your compensation tax free or deductible disability insurance which can generate 80 % of your compensation , but taxable .


Input: Are Foundation Cracks Covered By Home Insurance?

Output: Great Question that is most asked by homeowners in California or other state that have Earth movement . Usally this question if not easy to answer with a yes . But it would be something to ask your current insurance company but most policies do not cover foundation cracks . Always check your own policy .


Input: What Is The Average Monthly Cost Of Auto Insurance?

Output: Like all other types of insurance , there is no one single price for home owners insurance , nor is there one company that is `` best '' or `` most affordable '' home owners coverage for everyone . To determine the best plan for your personal situation , I suggest speaking with a licensed insurance agent , one who represents many companies in your area . It is also important to note that the cost of your auto insurance can vary dramatically based on a number of factors , including where you live , what kind of car you drive , your personal driving record , and what type of coverage you want -LRB- minimum coverage to be legal to drive cost much less than a more comprehensive policy that provides far more coverage -RRB- . With property and casualty coverage such as home owners or auto insurance , you can normally get a better deal when purchasing coverage for more than one item . I have my car and my home both covered on policies with Auto-Owners Insurance company . With the multi-policy discounts I receive , I actually pay less to insure my home and car than I would pay to insure my home , if that was the only policy I carried with that company . While that may sound illogical , if not unbelievable , it is true , and is a very smart approach to take to make sure you keep as much as your hard earned money in your pocket as possible .


Input: Can I Use HSA To Pay For Long Term Care Insurance?

Output: Yes , you can use HSA to pay for long term care insurance premiums . There is a limit on the premiums for LTC insurance that can be paid through your health savings account . The instructions for your Section A -LRB- Form 1040 -RRB- of your tax return will tell you the limit of premiums that can be deducted for your age group that year .


Input: What 3 Questions Does Aarp Ask For Life Insurance?

Output: What 3 questions does AARP ask for life insurance ? I guess the answer to this question would best be found on AARP 's website for life insurance . I think it might be more important to look at the insurance offered with those 3 questions . Currently it is a group policy offered through New York Life . NYL is a fine company so no worries there . This plan is a 5 year level term policy , which means every five years the cost will increase . The policy ends at age 80 , with nothing to convert over to . So if you need coverage beyond age 80 , you will be shopping again . Pricing wise , because of the few questions asked , the price tends to be high . This would be true of any insurance company that asks only a few questions . What you do n't ask about , you charge for . So a healthy person could do much better elsewhere , but for the person who wants to go this route and does n't mind the extra cost and the early ending , it 's fine .


Input: What 3 Questions Does Aarp Ask For Life Insurance?

Output: AARP has a number of policies , so the questions asked depend on which policy you are apply for . But one that has three health questions is AARP 's term policy , which Larry described . Here are those questions at this point in time : 1 . In the past 2 years , have you had treatment or medication for or been diagnosed by a doctor as having heart trouble , stroke , cancer , lung disease or disorder , diabetes , liver or kidney disease , AIDS , AIDS Related Complex , or immune system disorder ? 2 . In the past 2 years , for any condition , have you been admitted to or confined in a hospital , sanitarium , nursing home , extended care or special treatment facility ? 3 . In the past 3 months , have you consulted a doctor or had treatment , medication or diagnostic tests of any type ? -LRB- Note : You are not required to report negative AIDS or HIV tests -RRB- .


Input: What Is The Typical Home Insurance Deductible?

Output: That has been evolving over the years but in my experience typically the deductibles are now at the $ 1000 mark . Many companies have eliminated lower deductibles as they have filed new policy forms in an effort to manage loss expenses . Another reason for the deductibles to be getting larger than in the past frankly is also the consumer trying to manage insurance expense .


Input: Does Medicaid Pay For Medicare Part B?

Output: I think the question really was intended as `` will Medicaid pay someone 's Part B premium -LRB- $ 104.90 in 2014 -RRB- ? The answer is often yes , but of course is it depends upon the Medicare beneficiary 's dual eligible status . Medicaid is a state administered program , and any individual can check with their state or local Medicaid office to obtain their status and available benefits .


Input: Does Medicaid Pay For Medicare Part B?

Output: Medicaid does not pay for Medicare Part B or any other letter-based option . Medicaid is a health insurance program intended to help the indigent population - those individuals with low incomes and/or few assets . Medicaid makes payment to healthcare providers . Medicare is also a government sponsored health insurance program that makes payments to medical providers . The target population is people over the age of 65 . Covered individuals pay the part B premium themselves . Premium costs are scaled by income .


Input: What Is The Best Medicare Advantage Program?

Output: Medicare advantage plan offerings vary depending on what service area that you reside in . Medicare advantage and prescription drug plan service areas are segregated by county , so the plan that a family member in a neighboring county has may not be available to you . The Medicare.gov website has a plan finder that can help you review what options are available in your area . After taking a list of medications and physicians , a local , experienced independent agent can help you choose which plan is best suited for your needs .


Input: What Is The Best Medicare Advantage Program?

Output: I hear this question fairly often , but the answer can be quite different depending on an individuals need . The ` best ' advantage plan is usually a very personal decision and can vary greatly depending on what type of medications you are taking , what plans your doctors accept and what plan is going to meet your current needs the best . While the prices for Medicare Advantage plans might seem very similar , the way that the plans are constructed can be quite different . I recommend meeting with a Medicare insurance specialist who can help you decide .


Input: What Is The Best Medicare Advantage Program?

Output: Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan .


Input: How To Switch Home Insurance?

Output: Switching homeowners insurance carriers should be an easy process . You would want to make sure you have secured a new insurance carrier first and then you can simply notify your current insurance company to terminate your existing policy . Most of the time the current insurance company will want the cancellation request in writing . If you wait to long , generally over 30 days an insurance carrier can require a copy of the new declarations page to verify replacement coverage before the policy can be cancelled .


Input: How Do You Switch Car Insurance?

Output: Switching car insurance is quite easy when you use an experienced broker and/or their website . There are no fees , of course , when a broker is used . Shopping to find a better rate is handled by the broker along with providing you with detailed comparisons . Once the new company is found , you have applied and been approved , the broker can help with the cancellation of the old policy . Naturally , you never want to cancel an existing policy before purchasing your new coverage . The process does not take long , and depending on the state you live in , and other factors , you could save hundreds of dollars .


Input: How Often Will Medicare Pay For A Colonoscopy?

Output: Medicare will pay for a colonoscopy once every 10 years for those who are not considered high risk for colon cancer . If a flexible sigmoidoscopy is performed , a colonoscopy can not be done for at least another 4 years . If a person is at high risk for colon cancer , Medicare will pay for a colonoscopy every 2 years .


Input: What Information Do I Need For Motorcycle Insurance?

Output: the information you will need to secure motorcycle insurance is very similar to the information you needed to insure your car . If you are talking to the Insurance Professional who is already serving your car insurance needs , you are way ahead of the game because all of your personal information will already be available . Next you 'll need to provide the year , make and model of your bike along with the engine size - 750 cc or C50 for example . The bike 's Vehicle ID number will also be needed as well as the value of the machine . If you have completed a Rider Safety Course , required by many states in order for first time riders to obtain their license endorsement , a copy of that certificate will also be needed . Finally , if your bike is equipped with an alarm or other theft deterrent device , certification of that would be needed .


Input: When Is Someone Eligible For Medicare Part D?

Output: In order to qualify for Part D the applicant has to be covered by both Part A and Part B coverages and live in the County designated by the Plan . So if someone has a Medicare card that shows they were eligible for both Part A and Part B on 11/1/2013 then they are qualfied to buy a Part D plan


Input: How Much Will Renters Insurance Pay?

Output: I am assuming from your question that you are asking how much Renter 's Insurance would pay out if a loss or claim occurred . In California your renter 's policy is basically broken down into two main parts ; contents and liability . As to thecontents section , the carrier will pay replacement value up to the limit that you chose on your policy . If someone is injured then the carrier would pay only up to the liability limit that you chose .


Input: Can You Get Life Insurance If You Skydive?

Output: That 's a great question ! Most insurance companies are going to frown upon `` riskier '' hobbies and occupations . Some will just charge you a lot more , others will not insure you at all . That said , there are also companies out there that make a living off of insuring higher risk clients . They are typically more expensive , and as a whole will have a period of time where your payout should your chute not open will be only premiums paid + a little interest . -LRB- it 's called a ` graded ' or ` modified ' policy . -RRB- If you 'd like a little more information , please drop me a note via the ` contact me ' link , I 'd be happy to help you with more details . Thanks for asking !


Input: Can You Get Life Insurance If You Skydive?

Output: Some life insurance policies will cover skydivers -LRB- and death caused by skydiving -RRB- with a flat extra . This is an premium added onto the policy to cover the added risk incurred by being a skydiver . If you do not care if your policy covers skydiving -LRB- most people die from illness , anyway -RRB- , you can get an exclusion for skydiving , with some companies . This will bring your rates down to what others with similar health will pay . Some accidental death policies cover death by skydiving . And there are some simplified issue life insurance policies that do not ask about dangerous hobbies at all . A broker who offers all these options can help you find affordable coverage .


Input: Can You Get Life Insurance If You Skydive?

Output: Yes - you can secure life insurance even if you skydive . However , every policy will ask you if you participate in any extreme or hazardous activities - this includes skydiving . When this is answered yes , they will likely ask you to complete a questionnaire to provide details . Some carriers will offer full coverage , but will charge a flat extra -LRB- an additional amount per $ 1,000 of coverage -RRB- . Some life insurance policies will cover skydivers -LRB- and death caused by skydiving -RRB- with a flat extra . This is an premium added onto the policy to cover the added risk incurred by being a skydiver . Some carriers will offer coverage , but require an exclusion rider -LRB- stating that if you die under this condition , the policy will not pay out the death benefit amount -RRB- . It may cost more for a program that will protect against death as a result of a skydiving incident , but it can be worth it - the choice is ultimately yours . Adjusting the face amount and/or term length are ways of reducing the premiums as well . When you 're no longer skydiving , you may want to look into re-writing your coverage to secure a more favorable premium structure - keep in mind , most carriers will generally look-back 2 years on these activities though.There are some simplified issue , non-medical , life insurance policies that do not ask about about extreme activities , but these programs will generally feature a substantially higher premium and the amount you can secure under a single policy will be limited . I would recommend consulting with an independent broker who can review options from multiple carriers because each company looks at skydiving in a different manner . If you have any other life insurance questions or would like help with your coverage , send me a message by clicking on the `` contact me '' button or call me at 703-665-9133 .


Input: How Much Life Insurance Does My Spouse Need?

Output: It is wise to consider protecting both yourself and your spouse . If you or your spouse should die suddenly , your family income may be reduced dramatically even if your family income remains unchanged . This is because certain expenses may increase significantly e.g. child care costs . Each situation is different so meet with a life insurance professional for a comprehensive needs analysis and review and to calculate the amount of coverage needed .


Input: How Much Life Insurance Does My Spouse Need?

Output: You need to protect both yourself and your spouse . If you or your spouse should die suddenly , your family income may be reduced dramatically even if your family income remains unchanged . This is because certain expenses may increase significantly e.g. child care costs . Each situation is different so meet with a life insurance professional for a comprehensive needs analysis and review and to calculate the amount of coverage needed .


Input: How Much Life Insurance Does My Spouse Need?

Output: Your spouse needs the amount of life insurance needed to protect you and your family , just like you do . This may be 10 times their annual salary , or it may be a factor of all your expenses if they would die . If they are a full time homemaker , they can have up to the amount of coverage that you have on yourself .


Input: Is Rain Damage Covered By Homeowners Insurance?

Output: Rain damage coverage on a homeowner 's insurance policy is a tricky issue . Generally , anything flood-related is not covered since there is a separate federal program for obtaining flood insurance . High winds , fire , theft and many other items are covered as named perils om home policies . But it is best to speak directly to a claims representative regarding specific water-related issues ... Or speak with your broker .


Input: How Does Social Security Fit In Your Retirement Plan?

Output: It is theretirementplan for most Americans . Assuming that Social Security is financially viable , it can be part of a comprehensive retirement plan . One of the new trends in Social Security for baby boomers is to delay taking benefits until age 70 to generate the maximum income . at the same , delaying qualified plan income until 70 1/2 when you must take required minimum distributions .


Input: When Is Life Insurance Paid Up?

Output: A life insurance policy is paid up when all required annual premiums have been paid . If the policy is a `` whole life paid up at age 95 '' contract , the policy is paid up at age 95 . It is important to note that the term `` paid up '' is often misused . In whole life policies that pay policy dividends , the dividend values are frequently used to buy `` paid up additions '' which are paid up , additional amounts of insurance that have cash value and add to the base policy . The cash value of paid up additions may be projected , based on the current dividend scale , to grow to a point in the future where those values may be used to premiums on the base policy . The policy is not paid up when the policy owner pays premiums this way .


Input: Does State Farm Sell Annuities?

Output: State Farm does sell annuities in most states . Check with a local agent to make sure they are available in your state . To learn about State Farms annuity products go to their website WEBSITELINK It looks like they offer three products . Future Wealth Builder , Future Income Plus , and Guaranteed Income .


Input: Why Would A Life Insurance Claim Be Denied?

Output: In New York State a life insurance company can deny a claim if the insured commits suicide during the first two years of the policy being in force . The suicide exclusion period varies from state to state , but you can easily find the specifics for your state by going to your states insurance department web site . There is precedent for an insurance company to deny a claim even after the standard two year contestable period in the case of fraud . Part of the reason for the limitation on the contestable period is to protect the insured from having his claim denied for a relatively minor misstatement on the application . However the intent was never to reward fraudulent activity . An example of fraud would be a person who knows he is HIV positive but does not disclose it on the application , then he has a friend stand in his place for the exam and blood test . Even if the insured dies after the contestable period the company can deny the claim if they can prove fraud .


Input: Why Would A Life Insurance Claim Be Denied?

Output: There are many reasons why a claim may be denied . If you smoke cigarettes but apply as a non-smoker is a very common one . If you did not disclose your health history properly your claim can be declined . The good news is that if your life insurance policy is over 24-months old , it is non-contestable . So the claims have to be paid . Also many people try to file claims on term life insurance policies that have already ended . Those claims will never be paid .


Input: What Is A Tax Qualified Retirement Plan?

Output: A tax qualified plan is a savings or retirment plan that falls under the regulatory authority of the Employee Retirement Income Security Act -LRB- ERISA-1974 -RRB- . This act laid the foundation for modern pension law . It drives many advisors bonkers to hear that an IRA is a qualified plan which many insurance advisors utilize in conversation incorrectly .


Input: Can You Get SR22 Insurance Without A Car?

Output: This would be a non owners Insurance and is basically an auto insurance policy without a car , so yes you can . A policy like this is very similar to a conventional auto insurance policy . SR22 can be for different reasons but the most common is for DUI and for a person who do n't own a vehicle . This will reinstate your license with the DMV as long as you keep paying your premiums until the DMV states you do n't need an sr22 any more .


Input: Will Auto Insurance Cover Rodent Damage?

Output: Damage caused by rodents is not a standard exclusion in most automobile policies . The coverage would be found under comprehensive . The coverage is adjusted after payment of the deductible . The coverage is limited to the actual cash value of the loss . Since this is a unique situation you might want to discuss it with an agent prior to submitting a claim .


Input: Will Auto Insurance Cover Rodent Damage?

Output: Rodent damage to your car would probably be covered by the Comprehensive -LRB- Other than Collision -RRB- coverage of your auto policy . However , as with all questions related to claims the only way to know for sure is to file a claim because policies and the way they are interpreted vary quite a bit .


Input: Does Renters Insurance Cover Theft Of A Motorcycle?

Output: Most renters policies do not cover motorized vehicles , unless they are used to service the insured premises . That exception is highly limited and does not cover vehicles that are licensed or designed for use on public roads . Coverage for the theft of a motorcycle is contained in a motorcycle policy .


Input: How Safe Are Indexed Annuities?

Output: I agree . The annuity is only as safe as the issuing company but there are guarantees built into the contract and the company . In our industry , we keep hearing that there has never been an annuity written that did not get paid . So safety then begs the question ; if my company goes into receivership , how much of my annuity will get paid out and what can I lose?That is a very good question for the broker you are working with because company safety is closely monitored by state regulators . When any company gets into financial balance sheet troubles , it is taken over by the state to ensure that policyholders will not lose their contracts to poor management or economic circuimstance .


Input: How Safe Are Indexed Annuities?

Output: Annuities are only as safe as the company issuing the contract . While indexed annuities dont debit the account values in negative performing years , the do have policy expenses that in a non-crediting year could generate a negative return . But many -LRB- not all -RRB- indexed annuities have guaranteed provisions that protect against loss if you hold the policy for the contractual period . Before purchasing the policy always determine what the guaranteed provisions are in the contract .


Input: How Safe Are Indexed Annuities?

Output: An indexed annuity is issued by an insurance company . The annuity isnt a direct investment in securities , rather the company uses indexes from the stock market to set the rate of interest that it will pay the owner of the annuity . The safety of an annuity is a concern of your state insurance commissioner and the insurance commissioner of the state where the insurance company is domiciled .


Input: What To Look For In A Long Term Care Insurance Policy?

Output: Some things to look for in a long term care insurance policy are whether the benefit increases for inflation , whether the amount you collect adds up to a lump sum that you can spend at the rate that you need it , how long the elimination period is , if it has zero elimination period for home health care , and what the triggers are for collecting on it . When going over the policy features , they will be in summary form so you can compare similar features for each one you are considering .


Input: How To Purchase Short Term Disability Insurance?

Output: Before you start shopping for short term disability insurance , find out if your employer sponsored group plan offers it . Many of these types of plans offer short term disability insurance as part of the overall employee benefits.But if you have to shop , start online with brokerage outlets that specialize or have complete departments dedicated to disability insurance . Most of these firms have access to a wide range of carriers that can spread sheet the players in disability insurance .


Input: How To Purchase Short Term Disability Insurance?

Output: There are very few companies that sell individual short term disability insurance . You can contact an agency that sells Mutual of Omaha or Assurity Disability coverage to purchase a short term disability policy . A brokerage that sells Disability Insurance would most likely carry these and any other options , if there are any .


Input: Can I Drop My Husband From My Health Insurance?

Output: Can you drop your husband from your health insurance ? Well the answer may vary by state . You may be able to drop your husband , but he will have to agree in writing for it to be done . The reason for this is when a couple divorces a spouse sometimes drops the others coverage without their knowledge . Sort of like emptying the bank account .


Input: Can I Drop My Husband From My Health Insurance?

Output: Yes and No . If you are on a group health plan and you are paying a portion of your health insurance costs on a pre-tax basis under your employer 's Section 125 plan then changes to your coverage status outside of the annual open enrollment period are confined to IRS defined `` change of life status events '' . Examples are marriage , divorce , loss of coverage from a previous job , gaining coverage through a new job , having a child or adopting one . Just because you and the husband had a fight or the family budget has gotten tight does n't qualify . If you are covered through an individual health insurance policy it is easier to drop a dependent from your coverage throughout the year . However , with the new open enrollment requirements of ObamaCare you are running the risk of leaving your husband uninsured and unable to purchase major medical coverage until the next open enrollment period . In addition , you could be creating a tax penalty liability depending upon how long of a period of time you would be leaving your husband uninsured during the year .


Input: Is A Pre-Existing Illness Covered If You Are Let Go From Your Job?

Output: This will all change very soon as the Patient Protection and Affordable Care Act of 2010 -LRB- PPACA aka Obamacare -RRB- takes effect , but for now this very much depends on if you allow your health insurance coverage to lapse . If you do not lapse coverage and begin private coverage , then usually a pre-existing condition would be covered . If you allowed coverage to lapse and then bought private insurance , it is possible for the insurer to excluse the pre-existing condition . Once PPACA takes effect , pre-existing conditions will no longer be allowed for the most part .


Input: Who Buys Retirement Annuities?

Output: Most annuity purchasers are consumer in a high tax brackets or those seeking income , even lifetime income . There are three crediting methods that annuities employ : interest rate crediting , indice crediting and separate subaccount crediting or debiting depending on the performance of the separate subaccounts invested in equities and bonds .


Input: Does Car Insurance Cover Falling Asleep At The Wheel?

Output: Well that is a great question . Some of the drivers tend to drive late at night after a tough day at work or after a party . This can be a cause of accident if you sleep at the wheels . Most insurance companies will cover you if you casused an accident . Best to check with your current insurance compay .


Input: Who Should Not Buy Life Insurance?

Output: The person who does not need life insurance is the one whose passing will be unnoticed . Even then , that person might love someone and want their lives a bit better . It is difficult to imagine but I suppose some people are sufficiently insignificant that their passing will be insignificant . If you are in that category you might want to buy life insurance so that you can make a contribution that will force people to remember you .


Input: Who Should Not Buy Life Insurance?

Output: Anyone that does not wish to make certain that their family members will be able to take care of debts left behind and leave them struggling to make up for the income loss besides having to deal with the emotional burden of their loss . Everyone should purchase life insurance if they are capable and purchase it at as young an age as they can . Contact a local agent to discuss policy types , coverages , and pricing .


Input: Does Colorado Require Renters Insurance?

Output: Colorado as a state does not require you to have renters insurance . However , many apartments & homes alike which are available to rent may require you to have renters insurance . This kind of insurance is very affordable and is recommended for everyone who rents . Be sure to look at the policy however . I would recommend getting the insurance which gives you replacement value vs. current value . Will cost you a little more but well worth it .


Input: How Many Types Of Health Insurance Are There?

Output: The most common types of health insurance are HMO 's -LRB- Health Maintenance Organizations -RRB- and PPO 's -LRB- Preferred Provider Networks -RRB- . With HMO 's , you have a primary doctor who refers you to specialists . Also , you must receive your care within the network except in emergencies . With PPO 's , you can go directly to specialists . You can go outside of your network and still receive a benefit , but you receive more benefit if you stay within the network . There are also EPO 's -LRB- Exclusive Provider Networks -RRB- , which are basically like an HMO , except you can go directly to a specialist without a referral .


Input: Are Bed Bugs Covered By State Farm Renters Insurance?

Output: Bed bugs are considered a vermin . Typically all homeowners and renters insurance policies do not cover vermin along with other specified exclusions . Please read your policy completely to understand the coverage provided and any exclusion that it may contain or contact your local agent to have them go over the policy with you .


Input: How Long Does It Take To Add Someone To Your Car Insurance?

Output: When a driver joins your household you should call your insurance company right away . The company will want to know the name and license number . They will add the name to your list of drivers . Many companies will do that on line but almost all with take that information over the phone . If you want to add a driver who is not a part of your household , understand that isnt necessary . The insurance covers the car , not just the people named on the policy .


Input: I scratched a car backing out in a parking lot and I already notified my insurace company. The other party just want me to pay for their repair (200.00) and they said that if they do not report it, I should not get any points on my record even if it was my fault. Is this true?

Output: Since you already did the right thing and notified your insurance company , my advice is to let them handle it . I am not exactly sure what the other party is referring to when they talk about `` points '' . Generally this term is used when one is talking about one 's DMV driving record , not insurance .


Input: I scratched a car backing out in a parking lot and I already notified my insurace company. The other party just want me to pay for their repair (200.00) and they said that if they do not report it, I should not get any points on my record even if it was my fault. Is this true?

Output: Generally , unless a Police Report is filed no points will appear on your driving record . If however your insurance company pays a claim it will show up on a CLUE report as a claim . Since you have reported it to your insurance company , it will be in their records on the CLUE report anyway . If you just called and asked your agent what to do , he probably would not have reported the incident to the company . If this is the case , pay the $ 200 out of your pocket , get a release signed for documentation .


Input: I scratched a car backing out in a parking lot and I already notified my insurace company. The other party just want me to pay for their repair (200.00) and they said that if they do not report it, I should not get any points on my record even if it was my fault. Is this true?

Output: The settlement of a claim outside of your insurance company could save you money . It would be very important to get a release . This could be a note from the other party saying that your payment of $ 200 is satisfaction in full for the damage to their vehicle and that no one was injured in the other car and that all liability is satisfied . The other partys motivation might be a desire to avoid being identified to the police .


Input: Is Life Insurance Considered Community Property In Texas?

Output: First , I would consult an attorney in Texas to find out how Life Insurance is treated when there is a divorce . Generally speaking from my experience as a divorced father , Life Insurance is not an issue unless there is cash value which can be withdrawn . And if the Life Insurance was purchased during the marriage . If it was purchased prior , then it most likely would not be an issue . I know this is vague , which is why I recommend consulting an attorney in Texas .