Input: Which Company Has The Best Life Insurance?

Output: The word `` best '' is so subjective . Best what ? Best rates ? Best underwriting ? Best customer service ? Best claims payment history ? When you look at Insurance , compare it to purchasing an automobile . You have Mercedes , BMW , Toyota , Ford , Chrysler , Volvo . Which car is best ? Thats hard to say . Each of these makers produce cars that will start and take you to your destination . They can come with a lot of the things that make our car ride enjoyable . But what do you want ? Comfort ? Style ? Good gas mileage ? Ability to be driven for years ? High mileage capability ? It all depends on what you want and what you are willing to pay to get it . Insurance is the same way . Talk to an agent and clearly define what you want . Then look for companies that offer that product . Then you can compare prices , look into how they handle claims , customer service , etc. . Finally , realize that most Insurance companies -LRB- due to heavy regulations -RRB- have to meet certain standards to remain an Insurance company . That being said you can usually find a good fit for your circumstances if you do your research .


Input: Which Company Has The Best Life Insurance?

Output: The best life insurance company is the one that has the exact product at the very best price that meets your unique situation . Think of insurance companies as a deck of cards . There are 52 cards in the deck . But with those same 52 cards it is possible to play 1,000 s of games just by simply changing the rules of a game . Finding a life policy is the same way . If you do n't know all of the rules to your game you will probably lose . I recommend finding an experienced independent broker who knows the rules and you know you can trust .


Input: Which Company Has The Best Life Insurance?

Output: It can be very confusing to try to figure out what type of life insurance policy to buy , what amount , and from what company . As a rule , life insurance policies only come in a few types -LRB- Term , Whole , Universal and variations such as Indexed or Variable -RRB- . Many companies carry all of them . However , some policies do have features that are more favorable than others . E.g. longer guarantee periods , greater cash value , etc. . In that respect , some companies carry policies with better features than others . It is always a good idea to look at the rating of the life insurance company itself . If its rating with AM Best , Fitch , S&P and/or Moody 's is good , most likely the life insurance carried by that company will have good products to choose from . And you will know that they will pay out if needed , which is of utmost consideration .


Input: How Do You Apply For Medicare Part D In New Jersey?

Output: To apply for Medicare Part D in New Jersey , a good website to go to is : WEBSITELINK . There you will find some Medicare Part D plans to enroll in and how to enroll in Medicare Part D plans in New Jersey . They also provide a phone number where you can contact them to enroll in Medicare Part D.


Input: Does Homeowners Insurance Cover Wind Damage For A Fence?

Output: A fence is normally covered under a homeowners policy . Please contact your agent before filing a claim as a fence claim may not exceed your deductible and if it does there might be premium adjustments that would make filing the claim questionable . There are claims that you should not file .


Input: Does Homeowners Insurance Cover Wind Damage For A Fence?

Output: A fence is considered part of a homeowner 's policy -LRB- perhaps other structures -RRB- and is typically covered for many named perils . Unless specifically excluded or not one of the named perils , it should be covered . However , you will have a deductible to meet . So if it is a relatively small amount of damage , discuss with your broker the specifics before filing the claim .


Input: What Is Medicare Part N?

Output: I assume you mean Medicare plan N . It is very confusing . With Medicare Parts and Medicare plans . Medicare supplement plan N is a Medigap plan designed to pay Medicare approved claims that are not paid by Medicare due to deductibles and coinsurance . Plan N pays your Part A deductible but does not cover your Part B deductible and requires a copay for outpatient services .


Input: Is Hazard Insurance The Same Thing As Homeowners Insurance?

Output: For the most part yes , it is . Many banks and mortgage companies choose to use the term `` Hazard Insurance '' interchangeably with `` Homeowners Insurance '' . The prior term is really an older one in that older policies were issued in such a way that they specifically listed the hazards for which one had coverage . You would see things like Fire , Lightening , wind and hail , etc. . Today , it is more likely that a Homeowners policy will provide broad coverage and will list policy exclusions , namely things for which you would have no coverage under the policy , earth movement and flood for example .


Input: How Hard Is It To Get Renters Insurance?

Output: Renters insurance is as easy or difficult to get as homeowners or auto insurance coverage is . Typically the process involves contacting a local agent that yourare comfortable with and they can help point out the coverages that they feel would work best in your circustances . A local agent will help you throughout different times in your life and can typically help you and your family avoid a financial downfall due to an accident .


Input: Does Home Insurance Cover Broken Tv?

Output: Home insurance does not cover a broken TV , a broken radio or any broken appliance . Wear and tear and product defect are simply not perils that insurers pay for for home policies . Fire , theft , vandalism and many other items would be covered . An experienced broker can review the best prices in your area so you pay less and cover more .


Input: Will Employers Drop Health Insurance?

Output: Great question ! Unfortunately , the answer is that it will depend . Your employer probably knows that dropping insurance from your benefit package might be enough to cause the employees to look for other jobs . That hurts the business . On the other hand , that does n't mean he wo n't shift more of the cost to the employees , and you see your rates go up . I really think that until the fallout settles from the Affordable Care Act , and insurers start realizing where their profit/loss numbers fall , the whole thing will be a toss-up . That may well be a couple of years . Until then , it 's anybody 's guess . If there is anything that I can do for you , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: How Long Can You Collect Disability Insurance?

Output: The length of time that you can collect Disability Insurance depends on the policy that you purchased . You can buy Long Term Disability Insurance to last a certain number of years , or you can buy it to last until retirement age . As amazing as it seems , if you were to suffer a permanent disability at a young age , you could collect disability insurance benefits for decades .


Input: When Was Life Insurance Invented?

Output: Life Insurance was first created back in the early 18th century , 1706 to be exact out of London . Amicable Society for a Perpetual Assurance Office was the company name created by a William Talbot and a Sir Thomas Allen . People would pay an annual rate for one to three shares which were divided up among the deceased bases on the number of shares owned .


Input: When Was Life Insurance Invented?

Output: This will interest you ! Insurance in general is as thousands of years old . 2000 B.C. in China and 1750 B.C. by the Babylonians to protect the trader ` s goods . However , in Rome , an early form of Life Insurance was used called burial clubs in which payment was made to the beneficiary and for the payment of burial services . This was all for the payment of a premium .


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: Great question ! When your policy gets to its end , you have a couple of results to choose from . It ends , coverage stops , and you walk away no strings . If your term policy allows , you can see about converting the policy into either paid up insurance -LRB- for whatever much smaller amount of insurance your premiums would have purchased -RRB- , or converting to a whole life policy at whatever rate that would be . Or , you can bite the bullet , and if it is renewable , extend the term , but be expecting a huge rate increase . In any case , you want to have some kind of coverage for your protection . If you would like more information , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: As a term life insurance broker for 33 years , this is one of the most common questions I -LRB- and our top-ranked website -RRB- is asked . There are a number of options which include terminating the policy , accepting the guaranteed renewal rate -LRB- which may be quite high -RRB- , converting the policy , or applying for new coverage -LRB- which can be a different face amount and term . Of course , shopping for the best rate and underwriting classification will help us find our customers the lowest available offers .


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: Depending on the type of term policy that was purchased one of two things will happen . The first is the term life policy will simply expire and you no longer have coverage . The second the term is complete and you will experience a very steep rate increase . It is not unusual to see rates increase 1,000 % . This is to `` inspire ' the policy owner to apply for new coverage and be underwritten again .


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: That is a great question ! When your term life insurance policy ends , there are really two things that happen . The first is that your coverage and payments end , and you and the company part ways , both having received what they were promised . The other is that you decide that you need coverage for a longer time than your policy covers , in which case the policy can be renewed . The problem with renewing this type of policy is that the premiums increase dramatically , very quickly . Expect your first year premium to be roughly 110 % of what you had been paying , and for them to continue to raise at that pace . I hope that helps , thanks for asking !


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: When a term life insurance policy is has expired the first thing the policy owner will notice is a sharp rate increase , usually ten fold . The policy will not necessarily terminate but will be very expensive to continue . There are a few things the owner can do . First cancel the policy and apply for a new policy . You may convert a portion of it to permanent insurance such as a whole life or universal life . This would be used if there were health conditions that would cause the owner now to be uninsurable . I recommend having an experienced life insurance broker work with you at least one year before the term policy were to expire to prepare in case of some unpleasant outcomes .


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: When you first purchased your term life insurance policy , one of the options you designated was the term length -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- in which the premium would remain locked in place for and could not increase . At the end of the designated term length premium guarantee period , the policy will do one of two things : 1 -RRB- the premiums will begin to increase each year by a substantial margin -LRB- based on age -RRB- 2 -RRB- the premiums will remain the same , but the death benefit will rapidly decrease -LRB- this method is only used on some term policies that are issued on a universal life chassis -RRB- What you will commonly see is the first method . For example , if you purchased a 20 year term policy and outlive the 20 year period , the premiums will start increasing in year 21 . Since the premiums will keep going up and up , most people replace the term policy with a new life insurance policy -LRB- term or permanent - depending on need and age -RRB- to create a new premium guarantee period . Note - the new policy will feature a higher rate structure -LRB- for the same coverage structure -RRB- as your older and due to any changes in health history - to accommodate this , you can adjust the face amount or length of coverage to reduce the premium of the policy . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: What Happens At The End Of A Term Life Insurance Policy?

Output: When the guarantee period on a term life insurance policy expires , you have several choices you can make : 1 -RRB- You can continue your coverage , however , the policy becomes annually renewable and the premiums increase each year by a substantial margin -LRB- based on age -RRB- . 2 -RRB- You can terminate the policy and end the coverage . 3 -RRB- You can stop paying premiums and allow the policy to lapse on its own . 4 -RRB- If you still need coverage , work with an independent insurance broker to secure a new policy with a new guarantee period -LRB- either for a set term period or guarantee the policy for life -RRB- - you want to do this before the existing policy 's guarantee period expires . Keep in mind , underwriting can take up to 6-8 weeks to complete so you want to allow enough time to get a new policy in place . # 4 is the course of action most people generally take as you will generally need some level of coverage for the rest of your life , whether it 's to cover a mortgage , income replacement , final expenses , etc. . Send me a private message on here if you would like assistance with your coverage .


Input: Which Company Has The Best Health Insurance?

Output: There 's no one company that 's necessarily `` the best '' health insurance company.United Health Group -LRB- includes United Healthcare -RRB- is the biggest health insurance company in the United States.Wellpoint -LRB- includes Anthem -RRB- Kaiser , Aetna , Cigna , Coventry , and CareFirst are some of the other big name insurance companies in the country . However , not every company offers health plans in every state . The best kind of health insurance to get is the kind that is best for you . There 's a difference between the most comprehensive coverage and what is most suitable -LRB- or `` best '' -RRB- for you . Under the new Affordable Care Act , there are four main benefit levels of coverage - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or were fired , you lose the coverage . An individual plan will stay with you wherever you go . Because everyone 's needs and budgets are different as well as the plan types available to them , the best thing you can do is talk to an experienced health insurance broker who can work with you on a personal level and review your specific needs and wants regarding your coverage . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Who Is The Best Life Insurance Provider?

Output: This is an easy question - the best life insurance provider is ... it depends ! This is like asking `` who is the best automobile maker ? '' . It truly depends on the specific life insurance need . Each insurance provider has pros and cons . The key is understanding which provider has the best solution for your specific need . Using an independent agent/broker will give you access tomultipleproviders . Some things to consider are ; the financial strength of the provider , the products the provider offers now and potentially in the future , and value of the product compared to the competition . Be sure to shop around .


Input: Who Is The Best Life Insurance Provider?

Output: I agree . The clients ' needs dictate which company is right/best for that particular client . If they want/need whole life , then you will direct them to one of the top mutual companies -LRB- Guardian , Mass Mutual , Northwestern Mutual , and New York Life -RRB- . Mutual companies pay dividends to their policy owners , since they are the owners of the company . They have great track records and are highly rated . If you are looking at Universal Life -LRB- UL -RRB- , then you have a whole universe of products and companies offering those products . You have Traditional UL , Variable UL , and Indexed UL , the newest of products . I look at companies/products that will provide a guaranteed death benefit , at least to life expectancy . I also stick with highly rated companies . Hope this helps .


Input: Who Is The Best Life Insurance Provider?

Output: There are hundreds of life insurance companies in America . There are six ratings services that perform economic due diligence and assign a numerical or alphabet category of either financial strength or claims paying ability . The rating levels between rating services are often not equivalent . Its important to secure as many rating services to assist the company selection process . Here are just a few of the rating services that are available that we use to determine financial strength and claims paying ability : S&P , Moodys , AM Best , Fitch , Comdex and Weise . Each life insurance company is required to file their financial statement called the convention blank or blue book . A summary of that financial filing is produced by surveillance services that we monitor . The ideal life insurance company is one with high ratings , strong balance sheet , competitive pricing and consumer centric contractual provisions . We routinely examine these carriers for consumers to assist them in a quality decision on selecting the right company for them .


Input: How Much Does Car Insurance For A 19 Year Old Cost?

Output: There are too many factors that are part of the rate equation used by the insurance carriers to even make an educated quess on what the pricing would be based on the information provided . If you feel the pricing that you have received from your current agent/carrier then I would suggest that you check pricing with other local agents in your area .


Input: Will My Home Insurance Go Up If I File A Claim?

Output: This is nearly impossible to answer . Whether or not your rates go up at renewal after a claim is strictly up to your carrier . There are many factors that go into determining your premium for your homeowners insurance coverage and claims history is one of them . In my opinion and experience I would say that the frequency and amount of the claims will be given greater weight the higher the number is for either .


Input: Does Renters Insurance Cover Car Vandalism?

Output: The damage to a vehicle caused by vandalism would be covered under an Automobile Insurance Policy under the Comprehensive Coverage section of the policy ; if the policy includes this coverage , the vehicle would be repaired minus the applicable deductible to the Comprehensive Coverage on the policy . Renters Insurance is designed to offer Personal Property Coverage and Personal Liability Coverage for those that rent a home rather than own a home .


Input: Does Homeowners Insurance Cover Sewer Repair?

Output: No , under normal circumstances sewer repair would not be covered by your homeowners insurance policy . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: What Is The Difference Between Workers Compensation And Disability Insurance?

Output: Workers Compensation is a form of disability insurance provided by your employer to protect you from disability caused by on the job injury . Disability insurance protects you from disability on or off the job from injury or sickness . For example , if you have a heart attack and can not work for six months , workers comp will not pay unless the heart attack has an indisputable connection to your employment . Disability Insurance would pay regardless .


Input: Does Chase Have Renters Insurance?

Output: From my knowledge I am not aware that they offer renters Insurance . I do know they do Life Insurance policies like most Banks . I would recommend you call your local chase or walking and ask them if they provide this type of policy . Also if you or any close relative have a vehicle try contact that company to see if they offer renters insurance . Thank you and good luck .


Input: What To Do When Medicare Card Is Lost?

Output: If a Medicare card is lost , it can be replaced in one of the following ways : 1 -RRB- Log into your MyMedicare.gov account and go to the section that says Medicare Card Replacement . It will walk you through requesting a replacement that will arrive within 30 days . 2 -RRB- Call your local Social Security Office or call Medicare at 1-800-772-1213 . They will give you temporary proof to use until you get your new card in the mail .


Input: Does Car Insurance Cover Windshield Damage?

Output: If you include Comprehensive coverage on yourcar , then window glass coverage would be included . Many companies give you the option of purchasing `` Full Glass '' protection which means that you would not have to pay a deductible if you suffered damage and filed a claim . It is important to understand the conditions and limits of that protection however . In most saces , your insurance company will pay to repair or replace glass , but will not pay any extra should you decide you wanted original market glass .


Input: Does Car Insurance Cover Windshield Damage?

Output: If you have comprehensive -LRB- other than collision -RRB- coverage on your auto insurance policy then windshield damage may be covered by your policy possibly less your deductible . Read your policy completely to understand the coverage provided and exclutions that may be contained within or contact your local agent to have them go overt the policy with you .


Input: Does Car Insurance Cover Windshield Damage?

Output: Comprehensive coverage covers rock chips , deer . vandals , Trees , Theft , and Hail , Along with other things that are similar minus your deductible . Each carrier has it 's own guidelines as to what it will cover but those are the basic description of coverage . Basically anything that is not caused by you . Here in Montana they have started a new coverage that is simply deer coverage They will pay up to a $ 1000 worth of damage with no deductible with Liability only . Sometime this is a better coverage for those older cars and most claims in our state are caused due to deer . Also Some carriers rock chips are free to repair and the deductible would not apply . Talk to a local agent and seewhat works best for you


Input: What Does 15 Year Term Life Insurance Mean?

Output: Term insurance provides a life insurance for the term of the policy so in this case the insurance would be in effect for 15 years . After 15 years if your policy is renewable you can renew the policy but the premium will be higher and based on your age at the time of renewal . Some policies will also allow you to convert to a permanent plan regardless of your health .


Input: What Does 15 Year Term Life Insurance Mean?

Output: 15 year Term Life Insurance is life insurance that will provide coverage for 15 years . The price is assumed to stay the same during that 15 years , but that is not always guaranteed , so a good question to ask before purchasing the policy . When the 15 years end , you either have to apply for a new policy or pay a new and higher price for the same policy .


Input: What Is The Surrender Value Of A Life Insurance Policy?

Output: Only permanent life insurance policies have a surrender value . The feature of permanent policies that allows this is that more premium is collected than necessary to purchase insurance for one year . The remainder becomes a reserve . That reserve reduces the companys need to purchase insurance in later years . The government does not tax the reserve except under unusual conditions . The company guarantees that reserve in the whole life policy . At any time the company will exchange the reserve for the promise to pay the death benefit . They will also allow you to reduce the death benefit and take a loan . There are other options but they are all based on the surrender value . The surrender value is the reserve .


Input: What Is The Surrender Value Of A Life Insurance Policy?

Output: The surrender value of a life insurance policy is the amount that the policy owner will receive in cash if they decide to surrender , or cash in , their policy before maturity . It is the amount of cash value in the policy , minus any surrender charges , if there are any surrender charges .


Input: What Health Insurance Plans Are Grandfathered?

Output: Health Insurance plans issued prior to March 26 , 2010 are Grandfathered , unless discontinued by the carrier . In most cases , plans issued after 3/26/2010 and before 12/31/2013 are being discontinued . Plans issued after 01/01/2014 are required to comply with ACA/Obamacare regulations . The Open Enrollment Period for a January 1 , 2015 effective date ends on December 15th . Late enrollments may be submitted until February 15 , 2015 with coverage beginning the 1st of the following month .


Input: What Is Level Benefit Term Life Insurance?

Output: If you have or are considering what you refer to here as a `` level benefit '' term life insurance policy to meet your needs , then it means that for the life of the term the death benefit will not change . This can be different from what are commonly referred to as `` Level Term '' policies in that with those , not only does the death benefit remain the same , but so too does your premium for the specific period of time you are purchasing . Commonly you will find these offered at 10 , 15 , 20 and 30 year terms . Once the policy is in force beyond the level premium term purchased , the premium will then increase each year based upon your attained age .


Input: What Is Level Benefit Term Life Insurance?

Output: The probability of a person dying during a defined time frame increases with age . Therefor the cost of insuring a person increases as he or she ages . Level benefit term life insurance keeps the death benefit the same regardless of age or health condition . To balance out the level death benefit the policy premiums will rise as the policyholder ages . Many policies will increase rates at defined age bands .


Input: What Is Level Benefit Term Life Insurance?

Output: A level benefit term life insurance policy states that the death benefit will remain the same for the life of the policy . Term life insurance guarantees the premiums will remain fixed for a specific number of years -LRB- 5 , 10 , 15 , 20 , 25 , or 30 years -RRB- . After the initial period of premium guarantee expires -LRB- the term period -RRB- , the policy will be annually renewable and premiums will increase each year -LRB- based on age -RRB- .


Input: What Is Level Benefit Term Life Insurance?

Output: Great question ! You ever get those policy offers in the mail where they have a chart that shows the rates for different age groups ? -LRB- or hear the one on TV that says `` term life insurance for $ 19.99 ? '' -RRB- Look closely , and you will see where every 5 years the rate increases . These policies want to give you a specified amount of coverage , and as it becomes more expensive for them , they pass that cost on to you . The longer you live , the more expensive they become . -LRB- Until your 80th birthday , at which point most of them let you go , and your coverage ends . -RRB- Other types of life insurance policies figure that cost in , and charge you a level premium for the life of your policy . If you would like more information , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: How Much Does It Cost To Deliver A Baby With Health Insurance?

Output: All health insurance plans now cover maternity . They handle maternity just like any other claim . So how much it would cost you depends on the plan you get ... . What is the deductible ? What is the out-of-pocket maximum ? If you 're buying a plan specifically because you see childbirth down the road , consider 2 things : If you 're pregnant now , you ca n't get insurance because you 've obviously got a pre-existing condition . If you 're not pregnant now , and you 're buying a new plan , then you 'll have to replacethe planby January anywaydue tohealthcare reform . So if you want health insurance now , there 's really no reason to factor childbirth into the equasion because you 'll be changing plans -LRB- due to healthcare reform -RRB- before you deliver .


Input: What Is Hazard Insurance Vs Homeowners Insurance?

Output: Great question ! Homeowners insurance typically covers the home , as well as the contents , and your liability for accidents on your property . Hazard insurance only covers the home itself , and not the contents . Let 's say that you had purchased a lot , and were building a home on it . Hazard policies would cover the replacement of the home-in-progress , should it be damaged or destroyed in a fire or natural disaster . Many landlords will use this type of policy , and it is also often bundled into a homeowners policy . A word of warning - look specifically to see if damage from flooding is excluded , especially if your home is in a floodplain , or prone to flooding . Thanks for asking !


Input: Will Obamacare Go Away If A Republican Gets Elected As President?

Output: That is a great question , and I am certain that you are not the only one wondering ... I think that for all the fuss and bluster made about the ACA -LRB- Affordable Care Act - or `` Obamacare '' -RRB- that both parties realize that there are now roughly 18 million people enrolled in the program , and a good chunk of them would be uninsured without the Act . With every vote coming at a premium -LRB- lol , no pun intended -RRB- that is a number too large to gamble with losing . The Act has not been the budget busting , death camp creating nightmare that was so loudly forecasted , and other than a few disgruntled industries that had to cough up some bloated profits , and folks in some locations that did see premium prices increase , it has actually been fairly well received . The figures show that it has lowered overall healthcare costs substantially , and forced healthcare providers to improve in the quality of provided care and reduce overhead and inefficiencies . Forecasted healthcare costs by the Government 's measures without the Act in place are much higher than they are with the Act , and if Medicaid measures were adopted by those States that chose not to opt in , those costs would be even lower . So any fiscally responsible politician treads a thin line there in choosing publicly to repeal the Act . The fact that the Supreme Court has now twice upheld challenges to the Act also makes the repeal of the Act more problematic than it would have been had the Court struck down one or both of those challenges . When you tack on the generally favorable -LRB- over 80 % -RRB- approval rating the healthcare provided has generated , repealing the Act seems like a very risky idea if one wants to get re-elected . That said , there has been so much political time , money and hot air invested in reviling the Act that it seems unlikely that the ones banging that drum would willingly just abandon it . While it is possible , -LRB- there have been no serious alternatives to the act proposed or presented -RRB- for the plan to be repealed should a Republican Majority and Presidency occur , it is much more likely that any changes to the Act would be directed at what was the true rub for the most vocal opponents - the guaranteed subsidies , and the mandatory enrollment clauses . Since these were the targets of the legal challenges , it seems likely that there would be a belief that the newly acquired majorities would enable the changes to be made legislatively . Re-writing those portions of the Act would bypass for a time -LRB- until the inevitable ensuing legal challenges worked their way to a conclusion -RRB- the upheld judicial provisions . So in summary , repeal is unlikely , but I would look for a renewed assault upon certain provisions . I hope that helps clear up this very muddy water for you , and I thank you for asking !


Input: Will Obamacare Go Away If A Republican Gets Elected As President?

Output: Obamacare -LRB- Affordable Care Act -RRB- , the signature legislation of President Barack Obama , is not likely to be repealed if/when a Republican wins the Presidential election in 2016 . If both the House of Representatives and Senate remain Republican-controlled , the chances of a repeal will increase . A more likely scenario is a re-tweaking of the ACA legislation with minor and incremental changes impacting State and Federal Exchanges . But the dismantling or elimination of the entire legislation is not going to happen . Answer provided by Edward Harris , one of the nation 's leading healthcare experts . His top-rated website Majormedicalhealth.com provides the lowest health insurance rates from top-rated companies .


Input: Does TD Bank Offer Life Insurance?

Output: I went to TD Bank 's website to check out all the services they currently offer assuming the website is up to date . I did not see any offerings for Life Insurance . My best guess is they refer this service out to a `` third party '' which handles all the Life Insurance requests .


Input: Does Renters Insurance Cover Theft Of Money?

Output: Most homeowners insurance does provide a limited amount of coverage for money and securities , but the amount that is covered is typically less than your deductible . There are endorsements that can be added to the policy to provide a higher level of coverage for items that exceed your policy 's normal coverage amounts . Read your policy completely to understand the coverage that is provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: How Much Is Full Coverage Auto Insurance For An 18 Year Old?

Output: Full coverage auto insurance for an 18 year-old can vary , depending on many factors . For example , the type of vehicle , and driving record of the teenager will greatly influence the rate . If the car is financed , the type of coverage will be different which will impact the cost . Finding the lowest rare is critical so you do n't overpay . As an experienced broker -LRB- with 33 years of experience -RRB- , we manage a top-rated website -LRB- see profile -RRB- that offers free online quotes . In moments , consumers can view the cheapest car insurance rates for an 18-year old . Another important factor is that often , when you turn 19 , insurers will discount the rate , especially if you have three years of driving experience . The price reduction could be substantial , A good-student discount -LRB- if you are in school -RRB- , will also reduce premiums , often by hundreds of dollars .


Input: Can You Cancel Car Insurance Halfway Through?

Output: You can cancel car insurance at any time . Do not do so until you have another policy in place . Many states require auto insurance with minimum liability requirements . Driving without insurance can cost you your privilege to drive . Many states are starting to spot check you by requiring you send proof of insurance for a specified date , so do not throw away your old proof of insurance right awa .


Input: Can You Cancel Car Insurance Halfway Through?

Output: You can cancel at anytime . it is not the best idea to go with out insurance . If you are canceling because the car is not running or you no longer own the car and are looking for a replacement that is different . If your car is no longer working you can place just comprehensive coverage on it and no liability while it is disabled that way it has some protection on your car . But on the flip side . If you no longer own a car you can keep the insurance till you get a replacement car and be covered if you are borrowing someone 's car and they did n't pay their insurance . Also there is the option of non owned policy . Also when you start your insurance up again if you have gone more then 30 days with no coverage your rates increase for lack of proof of prior . Talk to your agent and see what works best for you . If you are canceling because of your budget talk to your agent and see what they can do to keep you covered and at a better rate .


Input: What Are Life Annuities?

Output: Assuming youre addressing annuities that use the life only option , here are a few talking points . Non-qualified deferred annuities are generally purchased to produce income later on in the life of the annuitant . One option is life only , which generates a guaranteed stream of income for the life of the annuitant , no matter how long they live . You can also purchase an immediate annuity with the same life only option .


Input: Does Life Insurance Cover Overdose Death?

Output: It 's going to depend `` when '' . Most life insurance policies include a two year contestability clause that allows an insurance carrier to contest payment on a claim if it occurs within that two year window . After twoyears any cause of death is covered without queston , so even an overdose , accidental or intentional would be covered .


Input: Does Life Insurance Cover Overdose Death?

Output: I 'm sure Michael Jackson 's insurance covered his death by overdose . And I 'm sure if Elvis Presley had life insurance his death by overdose was covered . So the answer is : as long as the overdose that resulted in death occurred after two years of implementing the policy , yes it should be covered . If the overdose occurred within two years of implementing the policy it may have to be proved that it was not intentional suicide .


Input: Does Life Insurance Cover Overdose Death?

Output: If it is due to an accidental overdose reaction to a prescription drug the policy would pay . If it is due to an overdose of an illegal drug the company would investigate the history of drug use and if it was found you lied on an application they would probably refuse the claim . Usually the claim would be refused since it would be hard to prove that the deceased was not taking illegal drugs prior to issue of the policy . After two years the policy would pay regardless as has been stated .


Input: Do Life Insurance Proceeds Have To Go Through Probate?

Output: Life insurance death benefit proceeds go direct to the policy beneficiaries . The beneficiary declaration in the application is the directive to the life insurance company on death benefit distributions . There is also an option for contingent beneficiary as well . Avoiding probate is another feature of life insurance coverage .


Input: Can I Get Home Insurance With Aluminum Wiring?

Output: Every homeowners application I have seen asks the question is there aluminum wiring ? They also ask if there is knob and tube wiring . These forms of electrical distribution only exist in homes over 40 years of age . These forms of wiring are potentially hazardous . Most insurers are not interested in houses with either form of wiring . That doesnt mean that it would be impossible to find coverage , however , rewiring the home may be a less costly option .


Input: How To Cancel Ameriprise Auto Insurance?

Output: That is a great question ! The easiest way is to go see your agent , or contact Them , with proof of the sale of the car , or proof of your new policy . The agent can set your policy 's cancellation into motion for you . Be aware that if you are keeping the car , but cancelling your policy , that you may not be able to register the car without it , and that can open up a whole new series of problems for you . Be careful , ok ? Thanks for asking !


Input: How To Cancel Ameriprise Auto Insurance?

Output: The policy documents should have a ` cancellation ' section - usually found in the Policy Conditions . This will give instructions for cancellation . You should be able to mail the originalpolicy with a written request for cancellation -LRB- subsequent to the date of mailing -RRB- and evidence you have either replaced coverage or the plates were surrendered and coverage is no longer required for the registration . Regulations vary state to state and if the state you have the registration in has ` compulsory ' insurance , you will have to obtain the evidence mentioned . Remember , if you surrender plates one day , have the coverage cancelled the next day - auto insurance usually cancels 12:01 am on the day the cancellation is requested . A competent agent or broker should be able to guide you . You c an always contact your carrier for info .


Input: Does My 15 Year Old Need Auto Insurance?

Output: If they are able to legally have a license in your state then yes they should also be listed on your policy to ensure that you are properly covered . Talk to your local agent about the requirements in your state and what coverages are offered . Do n't leave you family exposed toa libility .


Input: Does My 15 Year Old Need Auto Insurance?

Output: Here in CT , one must be at least 16 years of age in order to obtain a drivers license . A 15 year old has the opportunity to obtain a learners ' permit within the regulations of the Department of Motor Vehicles , but does not have to be listed as a driver on the parent 's policy . Other states may be different . Once a young driver receives his or her license , then they need to be listed on their parent 's auto policy as a regular driver in their home with access to their vehicles . If the 16 year old purchases a car of their own and wishes to register in in their own name , then they will need to obtain their own separate auto policy in order to accomplish that . Talk to your Insurance Professional about the laws in your state and the best options available for both you and your young driver .


Input: What Does Aggregate Mean In Health Insurance?

Output: Aggregate means all or total . The term is used often in self funded employer group plans where the employer is funding the claims up to an aggregate cap -LRB- if they have purchased medical stop loss coverage -RRB- . I rarely see it used in individual major medical plans except for those plan designs that are HSA qualified . High deductible plans that are HSA qualified generally come in two flavors . Some have an embedded family deductible while others have an aggregated family deductible . In the case of the aggregated deductible , all eligible claims from covered family members would apply toward the deductible . Once these aggregated claims hit the deductible the plan coinsurance kicks in and the carrier pays their obligation .


Input: Does Renters Insurance Cover A Broken Window?

Output: It may , depending on the circumstances behind the broken window your renters insurance may pay for the broken window less your policy deductilble . Many policies include some coverage for broken windows . Please remember every policy is different . read your policy completely to understand the coverage provided and any exclusions that there may be .


Input: How Much Would Insurance Be For A 16 Year Old With A Sports Car?

Output: There is no pat answer to that question . Soooooooooo many variables . If a 16 year old strikes out on his own to purchase car insurance for a so-called sports car , he will likely pay tremendously more than a 16 year old who insures a sports car or any car for that matter , with the same company as the other household drivers and cars are insured with . In addition there are the myriad of other factors that weigh into the rate , i.e. the specific car , policy coverage limits , driving record , credit , homeownership , etc , etc. . Call an insurance professional for guidance .


Input: Can A 16 Year Old Get Car Insurance?

Output: If you are 16 and have a car titled exclusively in your name in Connecticut , then you will actually be required to obtain your own car insurance i order to register that car for use on public roads and highways . Check with your parent 's Insurance Professional first because their insurance company may offer better coverage at a more reasonable rate due to multi policy discounts .


Input: Can A 16 Year Old Get Car Insurance?

Output: That is an excellent question ! I had it when I was 16 , because I met all of my State 's requirements - I was of legal driving age , and the age of responsibility . I had a car , and was able to make the monthly payment . As long as you are of legal age and have a valid drivers license , and are able to make the payments , you should have no problems either ! Thanks for asking !


Input: Can A 16 Year Old Get Car Insurance?

Output: Obtaining insurance for a 16 year old in California is difficult . Preferred carriers are not interested in that sort of business . There is a secondary insurance market that will provide basic coverage . That coverage might be expensive , particularly when compared to insuring the same vehicle as a part of a household with other drivers .


Input: What Percentage Of Americans Have Long Term Care Insurance?

Output: According to a paper published by the National Bureau of Economic Research on Aug. 12 , 2013 , the percentage of Americans that has long term care insurance is 10 % . The plans they have purchased do not cover everything , though , so the actual amount of long term care that is covered by private insurance in America is approximately 4 % .


Input: How To Drive A New Car Home Without Insurance?

Output: Do not drive your new car without insurance . If you have a policy in place that covers physical damage you should be automatically covered long enough to call your agent and notify them of the new vehicle . Otherwise you are driving uninsured which is not only breaking the law but risking a potential cost you can not pay . A dealership if they are doing their job will not let you off the lot without first verifying you have an insurance policy in place .


Input: How To Drive A New Car Home Without Insurance?

Output: DO N'T drive a new car home without insurance ! Always make sure you have active insurance before driving your car , especially a new car . If you lease or get a loan on a car the finance department usually will not let your drive off of the lot without proof of insurance . It depends on the state , but to my knowledge most states allow at least two weeks from the purchase of a new car for you to call your agent or carrier and update your vehicle information . During those two weeks the new vehicle -LRB- or newly purchased used vehicle -RRB- is typically considered covered . However , always update your vehicles with your agent or carrier asap !


Input: How Can I Get Cheaper Health Insurance?

Output: Work with an independent health insurance agent/broker so you can compare plans from multiple carriers . You should also review what type of coverage you have to see if it 's most suitable to your needs . If you have one of the new `` metal '' plans on or off the health insurance exchanges , you should review what metal level you have -LRB- bronze , silver , gold , or platinum -RRB- . If you have a gold plan , you may want to look at silver or bronze to reduce your premiums . In doing so under this method , your taking on a larger share of healthcare expenses when they 're incurred . Keep in mind , the cheapest plans will offer the least protection -LRB- meaning you 're taking on more risk to keep the premiums down -RRB- - in general , programs with better protection -LRB- e.g. lower deductibles , coinsurance , copayments , etc. -RRB- will feature higher premiums . You may also want to see if your employer is offering group coverage benefits for its employees . Under group plans , the employer is paying a portion of the premiums - the drawback being if you left the employer/were fired , your coverage would not go with you . You can only apply during the annual enrollment period each year , unless you qualify for a special enrollment period -LRB- a `` life-changing event '' such as getting married , having a child , etc. -RRB- .


Input: Does AARP Have Long Term Care Insurance?

Output: No , AARP does not carry Long Term Care insurance at this time . The American Association of Retired Persons does give tips to members on what to look for in long term care coverage and is committed to watching out for its age 50 + members in this area . To obtain Long Term Care quotes there are many online agencies that can assist you .


Input: How Do Deductibles Work In Health Insurance?

Output: A health insurance deductible is the amount you must pay before your benefits `` kick in '' and begin paying -LRB- for most services - some benefits , such as preventive care , provide coverageimmediately -RRB- . The deductible amount varies by plan . For example , under the new Affordable CareAct , a catastrophic plan may feature a $ 6,350 deductible , a bronze plan may feature a $ 6,000 deductible , a silver plan may feature a $ 3,000 deductible , a gold plan may feature a $ 2,000 deductible , and a platinum plan may feature a $ 0 deductible . These figures are not the same for all plans on each metal level . It 's always helpful to consult with an experienced health insurance broker when you 're looking for coverage . Brokers have the knowledge and experience to help you determine which carriers ' plan will be most suitable for your needs . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Is Covered Under Critical Illness Insurance?

Output: Stroke , heart attack and certain types and stages of cancer are standard conditions covered by critical illness insurance . Individual policies will specify the conditions that they cover , and can include : major organ transplants , loss of hearing or sight or speech , coronary artery angioplasty or bypass , paralysis , persistent vegetative state , Parkinson 's , Alzheimers , kidney failure , MS , CF , MD , severe burns or some other health conditions . Some policies will also pay a partial benefit for less serious health conditions .


Input: What Is Covered Under Critical Illness Insurance?

Output: Critical Illness Insurance covers three basic conditions : heart attack , stroke , and some types of cancer . Depending on the features of the policy , critical illness insurance can also cover heart transplant , coronary bypass surgery , angioplasty , kidney failure , major organ transplant , paralysis , Alzheimer 's disease , deafness , blindness , MS , HIV/AID contracted through a medical procedure , Parkinson 's disease , or a terminal illness .


Input: Can Parents Be Covered Under My Health Insurance?

Output: I believe the question is `` can you cover your parents on your health insurance policy ? '' The answer is no . Typically , the policy requires that covered family members be defined as a dependent of the policy holder . Parents do not meet that requirement . It would be best to purchase a separate policy on them . Consult with a local agent or broker in your area . As mentioned by others , if you are age 25 or younger , you can be covered on their health policy to age 26 .


Input: Can Parents Be Covered Under My Health Insurance?

Output: Currently family policies consist of at least two people such as a wife and husband ora parent/guardian and one child under the age of 26 . Your probably do not fit that description and if your parents for whatever reasion are unable to purchase their own health insurance ; you can purchase a separate policy for them.Speak with a health advisorabout customizing a plan that will fit your budget and properly cover your parents needs .


Input: Can Parents Be Covered Under My Health Insurance?

Output: Yes , you can be covered with your parents under a single health insurance plan . In fact , it is quite common . When you reach age 26 , you will have to purchase a separate policy , which should not be too expensive . The existing policy will remain in your parent 's name , since they were the original applicants . Your rates -LRB- all three persons -RRB- depend on a variety of factors including your age , where you live and the type of coverage you want . At that age , premiums will be fairly low.If existing medical conditions are an issue , in October , Open Enrollment begins for 2014 Guarantee-Issue coverage under the Affordable Care Act . You can also add dependents to your own policy once you leave your parent 's plan .


Input: Why Variable Annuities Are Bad?

Output: That is a great question ! The question is really not accurate though , it 's like asking why all dogs bite people . Not all dogs do , but the ones that do give them all a bad name . Are variable annuities bad ? They most certainly can be , if your risk tolerance is low , or your allocations made unwisely . Just like you would pick a dog that suits your needs and temperament , you should choose an annuity to suit you also . The risk in a variable annuity may not be right for you , but may suit someone else quite well . Please take the time to discuss what you are looking for with an agent that will listen , and take your concerns to heart . If they pressure you , or appear to be more interested in the sale than what you say , do n't buy , and send them packing . Annuities are not something that you can afford to buy without completely understanding what you 're buying . I hope that helps , please contact me if you need more information , okay ? Thanks for asking !


Input: Does Car Insurance Affect Motorcycle Insurance?

Output: It may . Typically it would be by providing a discount for both policies if they are with the same carrier . Other than that I personally can not think of any other way that your car insurance would affect your motorcycle insurance . If your policies are not with the same carrier now , I would suggest talking with your local agent to find out if you could possibly get both of your policies under the same carrier .


Input: Can Car Insurance Deny You?

Output: The underwriting process for auto policies has become highly computerized . Households are checked , vehicles are checked , driving records are checked , and loss histories are checked . As a result there is very little cause for a company to decline a risk once they have accepted it . The one glaring exception is when the premium payment isnt accepted by your bank or credit card .


Input: Can I Get Health Insurance If I Don't Have A Job?

Output: Under the Affordable Care Act , coverage is available to everyone through various programs including the Health Insurance Marketplace which is a great place to start if you are unemployed whereas coverage is not available to you from an employer . In addition , there are state programs that you may qualify for such as Medicaid . These programs are based on income eligibility , and you can see if you qualify and apply at your local Department of Health and Human Services office . If you are unemployed due to a disability , you may qualify for Medicare , regardless of age , through the Social Security Administration . However , their definition of `` disability '' is much stricter than many other programs . You can apply by phone or in person at any local Social Security Office or online at ssa.gov . Finally , many hospitals offer free or low cost health care based on income eligibility . They often follow a sliding-fee arrangement or offer free clinics for those in financial need . These clinics often provide care from volunteer doctors who are giving back to their community by offering care to those in need at no cost and are a great resource if you are in need of medical attention .


Input: Can Car Insurance Be Reinstated?

Output: That will depend on the amount of time that has gone by since the insurance policy lapsed . Contact your carrier or your local agent to discuss the possibility of having your policy reinstated . if it has been less than thirty days since the policy lapsed the chance of reinstatement should be pretty decent .


Input: Does Health Insurance Affect The Employment Of Older Workers?

Output: Well , there really is n't an on the record answer for this . Older employees tend to cost more to provide health insurance for . Medical plans go one of two ways . One way is a level premium for all employees in the group . This is based on `` averaging '' the premium cost among the group . This is also done for gender . The other way is known as `` banded coverage '' where group premiums are grouped , usually in 5 year blocks and rates vary based on ages . You would hope an employer would n't use the medical premium cost as a hiring means test . It would possibly be considered age discrimination .


Input: Does Health Insurance Cover Out Of State?

Output: hEALTH INSURANCE COVERS treatment in state or out of state assuming the treatment is medically necessary and the cost of the treatment was not increased because yuo chose to go to a distant location to have the procedure done . I assume you are asking because you were traveling and had some unforseen circumstance to arise and the health insurance company should process the claim with no difficulty


Input: How Much Is Health Insurance For One Person In Texas?

Output: Health insurance for one person in Texas can cost as little as $ 25 - $ 40 per month -LRB- short-term plan -RRB- or much more , depending on the age of the person to be covered , their zip code and what medical conditions -LRB- if any -RRB- that they have . Shopping and comparing the major carriers will always save money . As an experienced broker , our job is to do the shopping for you . We take your information and quickly provide the companies in your area that will offer the lowest rates . It 's that simple . Starting in October -LRB- 2013 -RRB- , Open Enrollment will begin and many affordable plans will become available to Texans that have pre-existing conditions . A federal tax subsidy will be available -LRB- depending on your family income -RRB- that could potentially pay a large portion of your premium .


Input: Does Health Insurance Cover Vision?

Output: Routine vision care is normally not covered under a health insurance plan . Vision benefits normally are provided by a separate , stand alone vision plan . Most health insurance plans will cover diagnosis and treatment of injuries to the eye or diseases of the eye . Common vision benefits in a health insurance plan include glaucoma and cataracts .


Input: How Much Do Life Insurance Agents Make In Florida?

Output: Earnings for a life insurance agent vary greatly . The national average is around $ 40,000 per year with a lot of variance on both ends -LRB- i.e. some earn less than $ 20,000 per year and others make more than $ 100,000 per year -RRB- Since most life insurance agents are paid by commissions only , the actual income they derive on a year basis is highly dependent the number and/or size of sales they close .


Input: How Much Do Life Insurance Agents Make In Florida?

Output: Life insurance agents in Florida make incomes that vary greatly . Some are agents part time and have full time jobs elsewhere , while others put in over 60 hours per week into building up their business . Some are starting out on a shoestring , while others are being financed by a large agency and helped to get on their feet before going to commission only .


Input: Is Exercise Equipment Reimbursed Under Medicare?

Output: Medicare does cover Durable Medical Equipment , however , exercise equipment would most likely not be covered . DME is most often things like wheelchairs , hospital beds , oxygen equipment , nebulizers and the like . In most cases , Medicare will pay 80 % and you would be responsible for 20 % . Depending on the plan you choose , the 20 % would be covered by your Medigap policy . To find out for sure , call 1-800-MEDICARE .


Input: Is Exercise Equipment Reimbursed Under Medicare?

Output: No , exercise equipment is not covered under Medicare Part B as medical durable equipment , because exercise equipment is not considered a medical expense by Medicare . In order for any equipment to be reimbursed by Medicare , it must be considered medically necessary for the health of the Medicare patient using it .


Input: When Should I Stop Paying For Life Insurance?

Output: You should stop paying for life insurance when you have eliminated all your financial liabilities and future obligations , including charitable intent . You could also stop paying for life insurance if you have no beneficiaries , business partners or charities . You could stop paying for your cash value life insurance if the performance of the policy results in the policy sustaining itself to maturity . To be sure of the performance , or lack thereof , you need to order an in force ledger from the life insurance company .


Input: When Should I Stop Paying For Life Insurance?

Output: If you have a Term policy that has entered the annually renewable period , you will probably want to stop paying on that policy and purchase a new one at a more reasonable price . If you can convert the policy before it enters the annually renewable period , that is all the better . If you have a Universal Life policy that is losing cash value each month , you also may want to look at getting a new policy . It depends , as it may be fine the way it is . But if it looks like it will end before you want it to , and if you can get a new policy at a reasonable cost , you may want to stop paying on that policy and get a new one .


Input: When Should I Stop Paying For Life Insurance?

Output: How about today ? There are many creative ways to fund your life insurance policy . Lets suppose you have term insurance with 10 years left on the premium guarantee . You could , of course , just keep paying the premium for those 10 years . If the carrier doesnt get those 10 years of premium payments , you will lose the coverage . Is there any way you could stop paying but still retain the guarantee ? Yes , there is . You might be able to use a single premium immediate annuity to fund the policy . Make one payment into the annuity , and the annuity will , in turn , pay your insurance premium for you . Depending on your age and other factors , the amount of money you put into that annuity could very well be substantially less than the total premium you would end up paying for the next 10 years . This way you could stop making premium payments after that one annuity contribution , but still retain your guaranteed coverage . Now lets suppose you have a universal life policy . I am sure you know that this is a flexible premium product . You could overpay , underpay , and even stop paying . Of course , you need to know what you are doing here to make sure you will have the coverage you need for as long as you need it . Given that , you might be able to plop one lump sum into that policy now and never have to make another payment and still get the guarantees you want . All you need is for the carrier to do a simple calculation and illustration for you . Here again , you could stop making payments but still retain the coverage . There are many ways to skin a cat , as they say . Not that I think cats should be skinned at all - but you know what I mean :-RRB-


Input: Who Needs Critical Illness Insurance?

Output: Critical illness is recommended for those who would have difficulty paying their out of pocket expenses in the event of a severe health impairment . A good major medical policy will cover most of your health care bills but there are still copay 's , deductibles and coinsurance that leave you with thousands in out of pocket unpaid bills .


Input: Who Needs Critical Illness Insurance?

Output: Critical Illness Insurance is great for any consumer , but it 's especially useful for anyone with a hazardous occupation , the self-employed or someone who was declined Disability Insurance . Critical Illness Insurance pays out in a lump sum payment upon a diagnosis of a covered illness , so anyone who would benefit from excess cash immediately -LRB- for any type of bill or payment -RRB- , would benefit from CI .


Input: Who Needs Critical Illness Insurance?

Output: People who do not have a lot of resources saved up for a `` rainy day '' can benefit from Critical Illness Insurance . When a life threatening illness or injury strikes one of the breadwinners of a home , it takes a huge emotional toll on the family . It also takes a financial toll due to medical bills , traveling to doctor appointments , child care , and time off of work . Critical Illness Insurance pays a lump sum benefit that is emotionally uplifting and financially helpful .


Input: Who Needs Critical Illness Insurance?

Output: Everyone above makes good points . So my copy & paste reply is NOT to point out errors ... only to expand on their points ... A different view point . My opinion ... EVERYONE should have SOME Critical Illness Insurance -LRB- CI -RRB- unless you are just super-crazy wealthy & can write a check for just about `` anything you want '' . -LRB- yet even then the price of the insurance may be low enough that you would n't `` want to use your own money when you can leverage the funds from an insurance carrier ... that 's another post one day ... -RRB- Bob - ... recommended for those who would have difficulty paying their out of pocket expenses in the event of a severe health impairment . A good major medical policy will cover most of your health care bills ... . I WOULD LIKE TO SAY that even in 2013 when he posted , major medical has SO MANY holes in it , the ideas that just having major med is enough ... I find that crazy . WHY Gravy ??? 1 . lost time from work 2 . limitations on therapies 3 . `` 4th quarter penalty '' ... meet your deductible in December & it starts over again Jan. 1st . 4 . travel 5 . uncovered expenses like durable medical equipment . 6 . paying someone to clean , cook , & even wipe your butt -LRB- yes . I said that -RRB- . 7 . the time away from work for your spouse , loved one , family , or friend that is `` helping you recover '' . 8 . alternative treatments not covered by your major med 9 . In todays Obamacare world , where networks have RADICALLY changed , you might NEED to go out of your `` network '' to save your freaking life !! Who will write the check for that ?? 10 . I can go on & on ... . POINT : Major Med has WAY too many holes to think that `` all is good '' if you have a card in your wallet . CI Kelly - great points about hazardous occupation , the self-employed , or someone who was declined Disability Insurance . I WOULD ALSO say it is great for those that `` have no income '' , Like stay at home parents . ALSO , I do n't see it as an `` alternative '' to disability . It should be assessed for what it does on it 's own , or as a complement to disability . As a general rule , we always introduce both DI & CI when the conversation is about `` loss of income '' . Peggy - Just for a rainy day ?? I have clients that EARN A LOT OF MONEY ... Yet they still own CI . So from the $ 10 an hour bagboy at the grocery to those making 6 , or event 7 figures a year , CI can be a valuable tool . Folks , the WHY behind buying a CI protection plan is as unique as you are . Lost income - Works for that . Cover out of pocket costs that are n't covered by medical insurance - Works for that too . YOU SHOULD chat with an agent that represents several carriers . 1st , because they all have various underwriting appetites . 2nd , for the maximum # of conditions that `` trigger a benefit '' & other features a plan may have -LRB- like a full refund of premiums if you die for anything other than a named illness -RRB- . 3rd , and your last consideration when 1 & 2 are `` equal '' , look at the monthly premium you will pay ... Reach out if you have questions ... - gravy .


Input: What Happens To Renters Insurance If You Move?

Output: When you move you should contact your local agent or your renters insurance carrier and have them provide you a quote for coverage at your new residence . After you have secured a new renters insurance policy for the your new premise then have them cancel the renters insurance coverage at your previous address .


Input: Who Owns Valley Forge Life Insurance?

Output: CNA owns Valley Forge Insurance Company . For customer service or to report a death of a person insured under a Valley Forge life insurance policy , you can call CNA at 800-437-8854 .


Input: Will Obamacare Change My Health Insurance?

Output: Unless you purchased your health insurance before March 23 , 2010 your health insurance will change under Obamacare . Obamacare requires that all health insurance sold after January 1 , 2014 include 10 essential health insurance benefits . In addition there are a number of new taxes and fees that will be added to the cost of your policy which will raise the cost by approximately $ 25 per month per insured person . These are the 10 new essential health benefits : 1 . Outpatient care : the kind you get without being admitted to a hospital 2 . Emergency services 3 . Treatment in the hospital for inpatient care 4 . Maternity and newborn care 5 . Mental health and substance use disorder services 6 . Prescription drugs 7 . Rehabilitative services and devices including physical and occupational therapy , speech-language pathology and psychiatric rehabilitation 8 . Laboratory services -LRB- limited -RRB- 9 . Preventive and wellness services and chronic disease management 10 . Pediatric services , including dental and vision care


Input: Will Obamacare Change My Health Insurance?

Output: If it has not already , it eventually will unless there are further delays or changes to the Affordable Care Act . Granted , those who have plans that were in place before the passage of the law on March 23 , 2010 can technically keep these policies in effect . That assumes your insurance carrier does n't phase out such policies and that you make essentially no changes to the policy . You may recall there was quite a national uproar over this issue late in 2013 that prompted President Obama to kind of have to live up to his `` if you like your policy you can keep it '' promise so we have seen more renewal offers of existing pre-Obamacare policies since then in the individual and small group marketplaces . And this does kind of trap these policyholders . ObanaCare compliant policies are generally significantly more expensive than their pre-Obamacare counterparts . So , you can experience some pretty significant rate increases on your old policy in some cases and still be marginally better off financially than moving to an ObamaCare compliant policy . I am certainly seeing this scenario play out in some cases . For ObamaCare to have any vague chance of working financially they really need to pull as many people as possible into their pool . Continuing to allow the existence of non-compliant policies denies them this revenue stream and probably a healthier population that chooses to maintain such policies . So , regardless of the promises of politicians , consumers need to be vigilant if they have an old style policy that they want to keep . The pressure will continue to build to save you people who do n't know better from your `` trash '' policies as the administration referred to them and to move you into the glorious world of ObamaCare .


Input: Can Corporations Buy Annuities?

Output: Corporations can buy annuities as long as the issuing company allows that particular annuity product to be owned by a corporation . However , a corporate owned annuity is not tax deferred . At one time it was , but the IRS changed this rule . Corporations use annuities to fund corporate benefit plans , and to just accumulate assets for the future .


Input: Where To Find Cheap Renters Insurance?

Output: Many companies offer cheap renters insurance since this type of policy is usually fairly inexpensive . To find and compare the lowest rates in your area -LRB- perhaps $ 8-20 per month -RRB- , work with an experienced broker that has been licensed for a decade or more and utilize their expertise . Whether it 's State Farm , Allstate , Geico or another reputable carrier , they will be able to find you a plan that fits within your budget .


Input: Is Bone Density Test Covered By Medicare?

Output: Yes . Medicare covers a bone density test under Medicare Part B . The test is covered once every 2 years . It can be covered more than once in 2 years if your doctor orders the exam because he/she deems it medically necessary . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Why Is Health Insurance For Young Adults Important?

Output: That 's a great question ! It is important because young adults are exposed to a great number of health risks . They are new drivers , and their risk of being injured in an accident is higher ; They are involved in sports and activities in school , which often lead to injuries ; And they are exposed to many passed bugs in their school environments . They often are working first jobs , and trying new things . In such an atmosphere of change and risk , health insurance just makes sense . thanks for asking !


Input: Why Is Health Insurance For Young Adults Important?

Output: Health insurance is important because it is the way we finance health care . Health care is expensive with office visits , lab tests , x-rays , and surgery whether inpatient or outpatient . Most people do not have money saved up for medical expenses and therefore purchase health insurance to help pay for medical care . 80 % of Americans spend less than $ 900 annually on medical care and if you are young and healthy you may not think you need health insurance . Health insurance also protects us against large and unexpected medical expenses . The large health care expenses young adults have are usually caused by outdoor activities and sports where injuries can create high medical bills . Those are the main reasons why young adults should purchase health insurance to protect against larger unexpected medical bills .


Input: Is Life Insurance Marital Property?

Output: California is a community property state . Whenever the owner of a life insurance policy wants to change the policy the spouse must approve the transaction . We do have provisions for separate property but that would be difficult to implement in the case of life insurance . However , once the provisions of the policy are set it takes both parties to make a change and at the time of death the proceeds will be disbursed according to the policy . This is most critical when a person divorces , remarries and forgets to change the beneficiary of the life insurance .


Input: Is Life Insurance Marital Property?

Output: That is a great question ! That will depend on a couple of things - are you living in a State that has community property laws ? If so , then the court 's decision will most likely hinge upon where the money to pay the premiums came from . If your policy was paid up and you owned it before the marriage , you may get to keep it . If the premiums were paid for out of your communal funds , you may not be so lucky . There are a handful of States that have what is called `` the last payment rule '' - whoever made the last payment has the ownership of the policy . Check with a family law specialist in your State , and see if they can help you determine the answer . I hope things work out for you . Thanks for asking !


Input: Does Homeowners Insurance Cover Jewelry Loss Away From The Home?

Output: A typical homeowners insurance policy will provide ten percent of the policy value for personal property that is off premise up to the limitations stated within the policy . Read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .


Input: What Is The Average Cost Of Long Term Care Insurance Premiums?

Output: My clients who are over the age of 55 pay between $ 4,000 to $ 7,000 a year . These are clients that have no other assets to exchange for an asset based long term care annuity . My other clients who have large assets will exchange them for a long term care annuity with guaranteed benefits , guaranteed growth on the principle and a guaranteed death benefit . They do not have to use the annuity for a specific long term care need . It is just another to pay for long term care without losing principle . Long term care insurance is a racket . The riders , the definitions and some companies just do n't have a good contract for those who need to pay premiums instead of exchanging assets .


Input: What Is The Average Cost Of Long Term Care Insurance Premiums?

Output: Long Term Care and the cost associated with it is rising in the US . According to page 63 in the 2015 Medicare and You Book `` At least 70 % of people over 65 will need long-term care services and support at some point '' . It 's always important to consider factoring in those cost in your retirement planning . Cost vary from state to state , you can find a great resource that outlines these costs at WEBSITELINK No matter how you look at it Long Term Care Insurance is expensive and there is a lot of underwriting that goes with it . A viable option for a lot of families is to consider short term care insurance . Premiums are much lower and the underwriting process is much easier . Many application are approved in under a week . Short Term Care plans can pay for nursing home facility , assisted living facility , home health care , adult day care and hospice care . Feel free to contact us for more information .


Input: What Is The Average Cost Of Long Term Care Insurance Premiums?

Output: The average cost of long-term care insurance depends on a number of factors as the policies are very customizable . If you 're looking for a more basic option , I would estimate a range of around $ 1,800 - $ 2,300 per year in premiums . If you want something more comprehensive , you 're probably looking at something more so in the range of $ 4,000 - $ 6,000 per year . The most comprehensive plans can be $ 7,000 or more per year . Factors such as the person 's age , health , only applying as an individual , applying as a married couple , daily benefit levels , benefit periods , compound inflation options , elimination/waiting periods , and other items will really impact what the cost for a plan will be . In today 's world , there 's a very good chance you will need long-term care at some point in your life . If you were paying for long-term care out of pocket , you can expect to be writing a check for at least $ 40,000 per year - something more specialized like a nursing home , then possibly well over $ 100,000 per year . Unfortunately , not too many people can write that check . While writing a check for several thousand dollars a year in premiums for long-term care coverage can have a bit of sticker shock , it can potentially save you 10 's of thousands of dollars in the future if it happens to you . So the idea of the coverage is to transfer the risk to the insurance company in exchange for a small premium and use their money rather than your own to pay for the expenses if that care is ever needed . The long and short being that the `` average cost '' is an irrelevant figure . It only gives you an idea . The actual cost you can expect to pay depends on your needs and what you want to accomplish with the coverage . From there you can start to compare numbers . I would suggest speaking with an independent insurance agent who works with long-term care insurance products and can compare multiple companies for you . An agent can help you sort through all the zigs and zags of long-term care insurance and help determine what coverage will best serve your needs . If you need help with your coverage , please feel free to call or e-mail me via the contact me button - I have an agent in my group with a strong background in long-term care insurance . I hope the information is helpful - please let me know if you have any other questions . Thanks very much .


Input: Is Disability Insurance Retroactive?

Output: Is this question asking about experiencing a disability event and retroactively obtaining insurance ? The answer is no . But Supplemental Security Income -LRB- SSI -RRB- , goes back to the initial date of application , but generally not to the date of disability and can be awarded back to 12 months.There is an appeal process , but do n't hang your hopes on it .


Input: What Does Medicare Supplement Plan A Cover?

Output: People sometimes confuse Medicare Part A with Medicare Supplement Plan A. `` Part '' A is part of original Medicare that is your hospital coverage and goes along with Part B. Folks then get a Medicare Supplement to cover what A & B does not . Medicare Supplement Plan A is a very basic supplement plan that covers Medicare Part A coinsurance , Medicare Part B coinsurance and Part A hospice care coinsurance . It will also cover your first 3 pints of blood .


Input: What Are The Disadvantages Of Whole Life Insurance?

Output: Whole Life Insurance is what started it all and it is still widely sold . However , it is also the most expensive by far . But it is totally secure and will never lose any money no matter what happens in the economy . Most people would , however , be better served with a newer product called Equity Indexed Universal Life -LRB- EIUL -RRB- , which several companies now can provide . The cost is much lower , and the ability to gain a substantial increase in value is much higher . While it is tied to the market , a very few companies allow the consumer to avoid the risk of market drops completely . National Life Group , in a product they market through their largest broker , Premier Financial Alliance -LRB- PFA -RRB- has a protective floor , so that if the market goes down , your account will never go down but will stay at the amount it was at the prior year . When the market goes up , your account goes up , with a cap , so if the market goes way up , yours will just not go as high as the market might . Love to discuss this with anyone . GARY LANE , 714 422 9616 . Thank you all .


Input: What Are The Disadvantages Of Whole Life Insurance?

Output: Whole life insurance is what most people think of when talking about permanent coverage , something that will last until you die . However , few carriers offer this coverage any longer because of several issues . Cash value life insurance is expensive when compared to other forms of permanent life insurance . The cash available to borrow is non-existent in the early years , and any amount borrowed reduces the death benefit by that amount . But perhaps the most negative from the owners point of view , is that the death benefit does NOT include cash value in the vast majority of cases .


Input: What Does Level Term Mean In Life Insurance?

Output: It 's a type of term policy where the face value remains the same from the effective date until the expiration date , it would also mean a period of time the premiums would remain level . For example , the 5 , 10 , 15 , 20 , 25 & 30 . However , after the level premium period most policies turn into Annual Renewable Term where the premiums increase annually . Some policies you can convert before age 60 or 65 into a permanent policy .


Input: What Does Level Term Mean In Life Insurance?

Output: Level term means that the premium and face amount stay level , without any dips or rises , during the time frame specified . E.g. . A $ 100,000 ten year level term policy with a cost of $ 10/mo would keep that same face amount and price for 10 years . When the 10 years end , the price can go way up . Not all level term policies are guaranteed level , so it is important to make sure you are getting the real deal .


Input: What Does Level Term Mean In Life Insurance?

Output: Most term insurance is level which means the premium does not change for the specified period of time . All other factors being equal , the longer the `` level '' period , the higher the premium charged . All with all term policies , they may be surrendered at anytime without a cancellation fee . If you own term , you may wish to compare coverage if your health has improved or as time elapses after a negative medical occurrence .


Input: What Does Level Term Mean In Life Insurance?

Output: Level term life insurance refers to two things . One is the premiums or payments are guaranteed level or can not increase for a specific period of time . The second is the face amount is also level which means it can not increase or decrease during the same time period . You can find terms from annual to 5-10-15-20-25-30-35 years in the market place .


Input: What Does Level Term Mean In Life Insurance?

Output: The term , level term distinguishes a policy from a decreasing term policy . Decreasing term insurance was quite popular to provide coverage that matched the declining balance on a mortgage . The death benefit of level term remains constant throughout the policy period . Normally , the premiums also remain level until the end of the term .


Input: What Does Level Term Mean In Life Insurance?

Output: Level term life insurance generally refers to the fact that the monthly payment or premium you pay to the insurance company is the same each month for the specified term of that term life insurance policy . If you purchase 20 year term life insurance and it is ` level term '' , your premiums would not change during that 20 year term period .


Input: Is Health Insurance The Same As Dental Insurance?

Output: Health Insurance and Dental insurance are definately not the same . Dental insurance most certainly is an optional product that can be purchased stand alone alongside any other medical product . Dental insurance always has a specified `` waiting period '' before services can be performed and dental insurance either pays on a percentage of the total bill or it pays a flat dollar amount per service billed . All dental policies have a calendar year maximum that is payable . Some have deductibles , some do not . Health Insurance on the other hand always has a deductible and out of pocket , does not have a waiting period , and does not have an annual cap on benefits . Dental benefits or out of pockets do not have anything to do with health insurance out of pockets .


Input: How Are Qualified Annuities Taxed?

Output: Qualified Annuities are taxed as ordinary earned income . But they are only taxable upon withdrawal of funds . A `` Qualified '' account means that the funds were contributed on a pre-tax basis . This can be a significant advantage when accumulating assets . But for the IRS to allow this advantage , they require that the full amount be subject to income tax instead of capitol gains taxes . It is also important to know that at age 70 1/2 , they require you to start `` Required minimum Distributions '' . This is a requirement that you withdraw a certain amount per year -LRB- and pay taxes on it -RRB- from age 70 1/2 , for the rest of your life .


Input: Can I change my health insurance plan at any time?

Output: Some companies will allow you to change your policy mid-contract . If your health insurance coverage is thru your employer , you will need to check with the Human Resources Manager , or the person in charge of employee benefits . Depending on circumstances , you may have a Qualifying Life Event , such as the birth of a child , or a spouse losing current coverage due to job loss . Most companies have a Annual Open Enrollment when coverage can be changed regardless of the circumstances . If you do not have your coverage thru your employer , or your spouses employer , you may still be able to change coverage mid-contract . Most companies will allow an insured to add a child due to birth or adoption , and in some cases , coverage may be automatic for a short period of time . Some companies may only allow the changes to go into effect at the monthly renewal . So in other words , if a policy was written on June 3 , and a request for a change is made on July 20th , you may have to wait until August 3rd for the change to apply to your policy . Read your policy or contact your insurance company to see if coverage can be added or removed , deductibles raised or lowered .


Input: Can I change my health insurance plan at any time?

Output: That is a great question ! Unfortunately , the answer is no , you really ca n't . There are specific times set for the enrollment and changing of plans , so that the insurance companies can accurately assess the costs and risks involved in providing that insurance . If people changed plans constantly , those costs and risk factors would be very difficult to get a grip on . While the annual enrollment period begins in the fall , there are reasons where you can change or add coverage other than at that time . Certain life changing events such as having or adopting a child , losing or changing jobs , or getting married or divorced allow you to change or add coverage . If you go to the Affordable Care Act -LRB- Obamacare -RRB- website , www.healthcare.org you can enter your information and see if you qualify to add or change coverage . I hope that helps , good luck , and thanks for asking !


Input: How Much Does Medicare Pay For Doctor Visits?

Output: Less and less , just ask your doctor . Medicare pays on a fee scheduled basis and the reimbursement level varies based upon the type of doctor 's visit you are having and the services that are rendered . As such , there is no one flat amount that the doctor gets paid for any and all office visits . What is pretty consistent is that your doctor is almost certainly getting paid less to see a Medicare patient than they are getting paid to provide the same office visit service to a person covered under private health insurance . This is why you are seeing a steady shrinkage in the number of doctors who accept Medicare patients or who will take on any additional Medicare patients .


Input: Who Should Buy Disability Insurance?

Output: Anyone that depends solely on their paycheck to get by needs to insure it against a disabling eventthat might require extended rehabilitation . An insurance company will not underwrite someone that has a large amount of passive or unearned income . They will also not insure someone that does not medically qualify . Finally , an insurance will not replace 100 % of one 's lost income because a -RRB- the insured would then have no incentive to return to meaningful employment , and 2 -RRB- the maximum monthly income replacement is around 2/3 of lost income and it is income tax free -LRB- if the insured pays out of pocket -RRB- . Permanent total disabilitycan bea living death . Not having the ability to bring in any income at all is one of the worst things that can happen to a person , especially to us ego-driven males . Total disability was -LRB- prior to 2009 -RRB- the single most likely reason for losing one 's home . In short , the consequences of a disability can be worse than death . There are various statistics that show how often disabling events occurs , but who cares about statistics ? If it happens to you , statistics do n't pay the bills . One should buy DI early in their working life . That 's when it is inexpensive and the premium can be guaranteed not to go up -LRB- unless additional coverage is purchased later -RRB- . Group DI is not portable . Own your own coverage . If you do n't have it yet . get it .


Input: Who Should Buy Disability Insurance?

Output: Who should buy disability insurance ? Honest answer ? Anybody who needs to protect their income from any time loss from illness or injury . If a person has passive income that can support their lifestyle , the need for working income protection is n't that great . Most people however still work to provide for themselves and family .


Input: How Much Can I Expect To Pay In Car Insurance?

Output: Auto insurance rates are typically as unique as the individual seeking them . Rates for your auto insurance are based on many factors . Some of those factors are : the ages of the drivers to be covered , the amount of coverage desired , make , model , year of the vehicle to be covered , the number of vehicles , the driving records of the drivers to be covered , liability only coverage or full coverage ; just to name some of the main factors . Contact a local agent in your area to find out about availability and pricing .


Input: Why Should I Contribute To My 401K?

Output: This is an excellent question ! I 'm glad that you asked . Look at it like this - the more that you put away today , the greater you 'll have later . The thing that really grows your 401k is interest , and that interest grows over time . If you contribute enough to get your employer to match what you invest , you essentially double your money for free . That money , if invested wisely , will continue to earn interest , and continue to grow . Even if you leave the job , and never make another contribution , that account is yours , and continues to grow . Having a source of income when you reach retirement age is crucial to keeping yourself out of the ranks of those dependent upon Social Security . It does n't work well - 55 % of American Elder Citizens currently live at or below the poverty line . Please do n't let yourself be one , okay ? Thanks for asking !


Input: What Are Long Term Care Insurance Premiums?

Output: Long Term Care Insurance premiums are the price that is paid for the Long Term Care Insurance policy . Premiums can be paid on a monthly , quarterly , semi-annual or annual basis . When the policy is kept in force through the payment of premiums , it will pay for long term care services , if needed , in the amount that was specified in the policy .


Input: Will Medicare Pay For An In Home Hospital Bed?

Output: Medicare will pay for an in home hospital bed that has been ordered by a doctor and approved by Medicare . You generally have the option to rent or purchase the bed under Medicare part B . The regular deductible and 20 % copay apply , although a medical supplement plan can sometimes offset these costs .


Input: Does Health Insurance Pay For Massages?

Output: Health insurance plans WILL NOT pay for massages . They are not considered a covered expense . However , your Chiropractor may be covered under your plan and often they have in house massage therapy . If you work the system a tiny bit you may just get that massage paid for . Outside of that scenario a massage from a massage therapist is considered an elective treatment and wo n't be payed under an insurance claim . For more information on what is and what is not covered under your health insurance plan visit www.clminsure.com


Input: How Much Is Short Term Disability Insurance?

Output: It depends.Short term disability insurance costs are based on a three items : your personal medical health , your compensation and your vocation . Your gender , age , smoking status , health history , current medical condition contribute to your underwriting classification . Your compensation must be justified or provable . And you vocation whether blue or white collar , hazardous or skill specific all contribute to the price you 'll pay for short term disability insurance .


Input: Is New York Life A Mutual Insurance Company?

Output: Yes , New York Life is a mutual company . Simply put a mutual company is not a publicly traded company in the stock market and does not have shareholders . The policy owners are like the shareholders of the company . Some policies for example , like a whole life policy , can even have a vote in how dividends can be distributed to policy owners . There are always plus and minus when it comes to mutual companies versus stock companies . I would recommend contacting an independent life insurance broker and weight the facts on both types of companies .


Input: Is Employer-Provided Disability Insurance Taxable?

Output: Whether your employer provided disability insurance is taxable depends on who pays the premium , among some other things . If you pay the premiums for your policy with earnings that have already been taxed , your disability benefits should be tax free if/when collected . If your employer pays the policy premium and does not count that as income to you , then the disability benefits would be taxable . Whether you split premiums , use a cafeteria plan , or other factors , taxation has its own rules for each situation . But the above is the most common rule of thumb for employer provided disability insurance taxation .


Input: Where Can I Get Renters Insurance For An Off-Site Storage Facility?

Output: Most tenant-homeowners policies , I 'm not sure about Nationwide 's , cover your personal property while it 's in your rented apartment or `` anywhere else in the world '' . This type of policy usually limits coverage to specific named perils like fire , wind , theft . certain types of water damage , etc. , but it should cover your personal property while in storage the same as it would if your property was in your home . Of course you will have to read the actual policy to make sure it provides the coverage you are looking for but coverage should not be hard to find .