Input: How Medicare Advantage Is Funded?

Output: Medicare Advantage plans are funded mostly by taxpayer dollars . Earned wages -LRB- W-2 or 1099 -RRB- are taxed and funded by payroll taxes . The current 2014 tax rate is 1.45 % of your earnings plus a matching employer contribution . Many Advantage plans require a monthly premium to paid by the Medicare beneficiary .


Input: Which Life Insurance Company Is Best?

Output: The best life insurance company is the one that issues the policy that is in force on the day you die . It is almost impossible that the sum of all the premiums will exceed the death benefit . That is the reason that you buy life insurance and that is a reason to consider permanent insurance to make sure it is in place when you die . The company name can be famous or obscure , it doesnt matter , and your state insurance commissioner will make sure that they pay the death claim .


Input: Which Life Insurance Company Is Best?

Output: There is no single best life insurance company . Look for a company with at least an A rating that is financially strong . Size of the company does not necessarily matter here . There are a lot of very good companies with very competitive products . A good local independent agent knows the plans and companies out there and can help you find one that you are comfortable with .


Input: Can You Claim On Car Insurance For Flood Damage?

Output: Yes . You can make a claim on any sort of damage you would like ... Getting the claim paid is another matter altogether -LRB- Just kidding -RRB- . Seriously though comprehensive coverage is e optional coverage that pays -LRB- less the deductible -RRB- for damage that is not collision -LRB- crashing -RRB- . Common comprehensive claims are hitting an animal and glass damage but , also includes fire , theft , vandalism , earthquake , tsunami , and flood ... many things fall under comprehensive coverage . This coverage is usually fairly inexpensive and very ... comprehensive . If you do n't have it get a quote with a $ 100 deductible . You may find it to be very affordable and valuable coverage .


Input: What Are Some Reasons An Expecting Parent Should Get Life Insurance?

Output: As a parent myself I do n't want to leave any financial burden for my family . I always look at four items when I sit down and design a life insurance plan . 1 -RRB- Debt 2 -RRB- Income 3 -RRB- Mortgage 4 -RRB- Education . If either parent dies prematurely we know that we will pay off debt -LRB- ei . . car and student loans -RRB- , replace your income or a fund for daycare if we have a stay at home parent , pay off the house and develop funding for future college needs . In regards to insuring the newborn it would be to guarantee the child 's insurability . Meaning if the child has a major medical condition we are able to ensure we have a life insurance plan in place for the rest of the child 's life . As the child may not be able to buy coverage due to poor health in the future . Many policies have what 's called a Guaranteed Insurability Rider . At certain ages or milestones you can increase the death benefit without underwriting .


Input: What Are Some Reasons An Expecting Parent Should Get Life Insurance?

Output: The reasons that an `` expecting parent '' should implement Life Insurance are the same as for anyone who wants to leave an inheritance to an heir . Whole Life Insurance , in my opinion , is the only type of policy one should consider in that case and one of the main reasons is because Whole Life truly does create an estate for the benefit of heirs of the insured . Additionally Whole Life can also supplement Retirement income for the owner while also providing a cash benefit to the heirs . Another reason for getting a whole life policy when expecting a family is to be able to provide money for the children 's higher education ie tuition . And there are many other reasons as well ! If you would like more information and advise please contact me !


Input: What Are Some Reasons An Expecting Parent Should Get Life Insurance?

Output: The odds are high that you already have financial liabilities and with a child additional financial liabilities and future obligations like education , weddings as well . The child , will more than likely , become one of the beneficiaries of your policy to protect that child from economic hardship and undue financial suffering . But in the end the economics of life insurance are driven by love for the child .


Input: What Are Some Reasons An Expecting Parent Should Get Life Insurance?

Output: An expecting parent has at least 20 years of reasons for life insurance ahead of them . Would there be enough income to pay for good childcare if one parent passed ? How about basketballs shoes , cheerleading outfits , study guides for the SAT ? How about college ? Most expecting parents have not had time to build up a good nest egg before the birth of their first child , and it is really hard to grow it while raising children . Life Insurance provides a large , immediate source of income upon death , and has a very reasonable price at your age . Since your need is limited , 20 to 30 year Term insurance would suffice on each of you , and that is very affordable . If you like , you can add your baby to the policy for about $ 5/month , and that will ensure that he/she is able to get life insurance for the rest of his/her life , even if he/she would develop an uninsurable health condition later on . Such an exciting time and what a lucky baby to have such thoughtful parents . Wishing you all the best . PS You will probably need to wait until a few weeks after the baby is born for Mom to get her policy .


Input: What Is The New Health Insurance Law For Dependents?

Output: Dependents can remain on a parent 's policy until age 26 -LRB- subject to specific limitations -RRB- . This can be quite advantageous since the cost may be less by including yourself on a parent 's policy . When it is time to take out a new policy , a special Open Enrollment period will be available so no medical questions need to be answered and your approval is guaranteed . Rates will vary , depending on where you live and what subsidy is available , based on your income .


Input: Does Home Insurance Cover Theft Outside The Home?

Output: Most Home Insurance policies cover theft of personal property up to the limits set in the policy terms , regardless of location . However , there are also certain restrictions and exclusions for this . The limits and coverage will vary depending on what State you live in , so you 'll need to check your policy documents to be sure . For example , in California , most policies are written sooff-premises theft coverage is limited to a certain percentage of the total for Personal Property coverage , usually 10 % . However , if the theft occurred during a move from one residence to another , and happened within 30 days from the time the move started , then this restriction is waived . There are usually also specific limits for various types of property , such as jewelry , fine art , firearms and etc. . These limits will typically state limits such as $ 1000 per item / $ 5000 per loss or something similar . There will also be a list of items not covered unless a specific rider is attached . And there are also typically instructions on what happens if the property is eventually recovered .


Input: Is United Health One A Good Health Insurance?

Output: United Health One is a part of the United Health Group - they are the largest health insurer in the United States and offer plans in every state . If you 're looking for coverage , you should consult with an experienced health insurance broker to review plans from multiple companies and see how they compare to each other . Brokers can help you determine which health plan will be most suitable to your specific situation . 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: Is Landlord Insurance Cheaper Than Homeowners Insurance?

Output: Great Question . Landlord insurance will be a bit less than homeowners insurance due to the fact it will not cover as much as the full homeowners policy will cover . Some companies charge as much as % 50 less for landlord policies . If you rent your home you much inform you insurance company .


Input: Do I Need Earthquake Insurance My Home?

Output: A lot depends on the area you live in . Generally , unless you are somewhere like California , earthquake coverage is inexpensive and its not a bad idea to add it if it is not already included . Some companies may require it . Ohio where I live for example , is not know for it 's earthquakes however we have had a few relatively minor ones that has caused damage . Unless you are in an area where there is no chance of an earthquake I would recommend it .


Input: How Much Will Medicare Cost Me Per Month?

Output: Medicare rates are set every year by Congress , but for 2013 the following apply . Most people will qualify for `` free '' Medicare Part A based on their wage years in the Social Security system . If you never worked , you may still qualify based on a working spouse . Medicare Part B premium is $ 105 monthly for most people . High income beneficiaries pay more .


Input: Can You Take A Loan From A Retirement Plan?

Output: Qualified retirement plans have loan interest charges and loan procedures that allow plan participants to borrow from their accumulated values . Keep in mind that if you terminate from the plan or transfer to another qualified plan all loans and interest are due . If you terminate from the plan the loans will be re-characterized as ordinary income and are taxable in the year of termination . Terminating before age 59 will also trigger a 10 % penalty .


Input: Is There A Tax Deduction For Long Term Care Insurance?

Output: Tax Qualified Long Term Care Insurance is able to be deducted as a health insurance expense on income tax returns , if it is paid by the individual . If you are an individual , it is added with other medical expenses , and anything above 7.5 % of your adjusted gross income is eligible for a tax deduction . If self employed , 100 % of your long term care premiums are tax deductible , up to the federally designated premium guidelines .


Input: What Life Insurance Is Right For Me?

Output: The only way to find the life insurance that is right for you , is to tell an agent who you are . Articles and advice on the internet are helpful , but life insurance is much more personal than that . Even the price is based on your age and health . And the type of policy you get depends on your needs , desires , and budget . So it is hard to purchase a policy that is right for you without first sharing that information with an expert who can take it to formulate your best plan .


Input: What Life Insurance Is Right For Me?

Output: There clearly is no one answer to that question . I detailed interview needs to take place . I need to know if you are looking for temporary insurance , just for the next few years , or for the rest of your life . Are you married , have kids , how old are they ? Own a home . Have a mortgage . Lots of debt . Close to retirement . Are you looking to use life insurance as a financial tool , to borrow against . Any possibility you are insurable now but wo n't be later ? That happens all the time . A reliable agent can go through all of this with you and find you the right alternatives . Find an agent who listens , not just talks . Gary Lane , Registered Representative , New York Life . Call me . 949 797 2424 . Thank you .


Input: What Life Insurance Is Right For Me?

Output: The best Life Insurance depends on the company , the financial needs , and the purpose of buying the policy . If you are the main source of income to your family household , and in the event of a sudden mishap and you are no longer living then life insurance will benefit by paying off any expenses needed to keep the family financially stable , and even pay the funeral expenses since that can cost thousands of dollars . Life Insurance can create a family estate for generations to come with a tax free lump sum payment . To find the best coverages I advise to seek the reputation of the company , financial strength , and history of operation . Many companies with longed histories have lower rates , so , you can receive more benefits for a lower premium . There are hundreds of companies I can work with to find the best coverages for anyone . Some data will need to be taken in order to analyze the need for coverages . I am an independent producer for insurance wbich means that I am able go recommend the best companies with best coverages . I deal with multiple companies and independent producers carry 65 % of the industry business .


Input: What Life Insurance Is Right For Me?

Output: To determine what Life insurance is best for you contact an Independent agent who will listen and can recommend the most options for the best coverage/premiums based on your specific needs . It is time well spent , having this conversation to determine to determine what is the best fit for you and your specific needs .


Input: Does Full Coverage Auto Insurance Cover Repairs?

Output: By `` Full Coverage '' I am assuming you mean , does carrying Comprehensive and Collision coverage cover repairs ? If you have a covered claim i.e. - an accident , hit a deer , backed into your wife 's car like I did the other week - then yes , carrying Comprehensive and Collision coverage would pay to fix those covered damages subject to your poilcy deductible . If you are experiencing general vehicle issues , i.e. - motor running roof , transmission mission or other general wear and tear - no , your insurance coverage would not come into play in these cases . Insurance only comes into play to repair a vehilce when there is a covered claim .


Input: Does Full Coverage Auto Insurance Cover Repairs?

Output: I am not clear on what you mean by repairs but if you are referring to general maintenance andmechanicalbreakdown the answer is No your auto insurance policy does not cover these types of situations . If you carrycollisioncoverage repairs to the vehicle caused by thecollisionwould be covered up to the limit of the value of your vehicle before beingconsidereda total loss . Same hold true for comprehensive coverage which covers a noncollisionloss such as theft , vandalism , falling or flying objects to name a few . Consult your local agent for specifics on your current situation . Irecommendannual policy reviews with your agent to make sure your insurance is keeping up with your ever changing needs .


Input: How Can I Compare Auto Insurance Quotes In Connecticut?

Output: When comparing auto insurance in Connecticut or anywhere else for that matter , there are a few things to consider . First , the financial stability of the company offering the insurance . You want to make sure that the company that you trust with your premium dollars will be there when you need them and make good on the promises of coverage for which you have paid . Beyond that , when comparing quotes , be sure that the proposals offer teh same or very similar stated coverage . For example , you may certainly pay less for minimal liability protection , but it may cost you if you have an accident .


Input: How Much Does Medicare Insurance Cost?

Output: Medicare insurance -LRB- other than `` basic '' Medicare Part A and Part B -RRB- can be anywhere from $ 0 monthly for select Medicare Advantage plans to a few hundred per month for a Medicare supplement plan . Benefits and premiums vary by zip code and from year to year . The `` best '' plan is the one that fits your needs and budget . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . If you stay with original Medicare and buy a supplement plan -LRB- Medigap -RRB- your premium will vary by age , zip code , plan design , tobacco use and BMI . Original Medicare with a Medigap plan allows you to use any doctor or hospital anywhere in the country and you never have to worry about being out of network . Your out of pocket is limited in most cases to a few hundred dollars per year for approved Medicare Part A and Part B charges . #MedigapPlanFRates #MedicareSupplementPlanFRates #GeorgiaMedigapPlanFRates #GeorgiaMedicareSupplementPlanFRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: Can You Get Long Term Care Insurance If You Have Ms?

Output: Unfortunately , it is extremely difficult to get Long Term Care Insurance if you have MS. Another LTC idea for someone with mild Relapsing Remitting Multiple Sclerosis is to apply for a Life Insurance policy with a rider that offers long term care type benefits , or allows you to use some of the face amount of the policy as a `` living benefit '' if the you lose the ability to perform two or more ADL 's . While the benefits may not be as large or comprehensive as if purchasing a traditional Long Term Care policy , the chances of qualifying for this while having Multiple Sclerosis are better than your chances of obtaining traditional LTC insurance .


Input: What Kind Of Life Insurance Policies Have PS 58 Costs?

Output: PS 58 costs refer to the tax that is charged on the life insurance benefit provided by an employer . Therefore , the life insurance policies affected by these costs are group plans , split dollar plans , profit sharing plans that include life insurance , and other work related life insurance policies .


Input: What Kind Of Life Insurance Policies Have PS 58 Costs?

Output: If you are being notified of PS 58 costs it is most likely that you are participating in a split dollar life insurance plan . The portion of the life insurance premium being paid by your employer that the IRS deems to be an economic benefit to you is roughly equivalent to the cost of one year term insurance . If you paid part of the premium the amount you paid is subtracted . .


Input: What Kind Of Life Insurance Policies Have PS 58 Costs?

Output: PS 58 Costs are taxes in group policy that the employer pays . In a group policy or on the job an employer will open a policy on the employees in the event the employee has a death on the job . The employer owns the policy but unlike personal policies they are taxed monthly on the accumulation . The death is to only happen on the job and the beneficiaries are paid the benefits and many times the employer is paid for the loss of the employee depending on policy .


Input: Does Life Insurance Have To Be Probated?

Output: One of the features of a life insurance policy is that it names a beneficiary . The beneficiary receives the proceeds of the policy outside the estate . The proceeds become their property upon the death of the insured . The process of probate is designed to insure equitable handling of the property . A life insurance policy is a contract that operates outside of probate .


Input: Does Life Insurance Have To Be Probated?

Output: Great question ! One of great things about life insurance -LRB- as well as annuity contracts and IRA accounts -RRB- is the disposition is generally controlled by the beneficiary designation . Courts are very reluctant to interfere with a valid beneficiary designation . When do we see problems ? When the account is not periodically reviewed and the beneficiary designation -- for example a parent is named and they have passed away but no new beneficiary has been named . Of course life insurance proceeds will generally become part of the probated estate when the estate is named as the beneficiary . Easy fix ? Be sure to name primary and contingent beneficiaries and review them periodically ! Hope that helps ...


Input: Does Life Insurance Have To Be Probated?

Output: That is an excellent question ! It is a very common question also , and I am always glad to say that in almost every case , life insurance skips past probate . Since you name a beneficiary , there is no contesting where the funds go . It really is one of the best reasons to have a life insurance policy . Thanks for asking !


Input: Does Life Insurance Have To Be Probated?

Output: Life insurance does not have to be probated unless the beneficiaries named on the policy have all passed away , or if the beneficiary is the estate . When there is no beneficiary , the money goes into the estate where it will go through probate . To avoid that , be sure to keep your beneficiaries on your policy up to date .


Input: Does Life Insurance Have To Be Probated?

Output: No ! Absolutely not . That is one of the major advantages of life insurance . It goes directly to your designated beneficiary and does not pass through probate in any state in America . It is a contract between you and the insurance company to pay your beneficiary directly . It also is not taxable to anyone in virtually every case . For this reason , life insurance is one of the best safety program you can have . Thank you . GARY LANE .


Input: Does Life Insurance Have To Be Probated?

Output: No , as long as the beneficiaries designated are alive and well . And as long as they are of legal age . However , if minors are named as beneficiaries , things get messy . An insurance company is not going to pay out money to someone underage . This is where life insurance planning ties into estate planning . It is important to name an executor and custodian in your will . Work out all the arrangements for your kids in advance so that responsible people get them the money they need when they need it .


Input: What Is The Max I Can Contribute To A Roth 401K?

Output: That is a great question ! In 2014 you can contribute a maximum of $ 5500 , and if you are over 50 , you can contribute what is called a `` catch up '' amount of $ 1000 , so a total of $ 6500 if you are 50 or older . You must have an income of below $ 114,000 if you are single , and under $ 181,000 if married , and filing jointly . Both you and your spouse can have a Roth , and you both may contribute . The tax code for these things are pretty specific when it comes to earning levels and contributions , so check with your advisor or tax attorney before you contribute , ok ? Thanks for asking !


Input: Does The President Have Health Insurance?

Output: The President has health insurance and it is the same coverage that most members of Congress have . In 2014 , they will have to utilize the coverage that most other Americans have . Will they like this new coverage . Some will and many wo n't . Their staff members may especially not like the new coverage .


Input: Is Growth On Roth IRA Taxable?

Output: The growth on an IRA , any IRA is not taxable during the accumulation period . If proceeds are taken from the plan following age 59.5 , the earnings on the Roth IRA plan are not taxable , nor is the distribution of the money invested in the plan taxable . If you have a conventional IRA , the entire amount withdrawn after age 59.5 is taxable . Withdrawal prior to 59.5 can incur a tax penalty .


Input: Who Are The Best Auto Insurance Companies?

Output: That depends on which rating service you are looking to for the answers . There are many different groups and services that attempt to provide some insight into the carrier 's ability to service the client . I personally would look to these services only to help decide which carriers not to choose . I would contact my friends and family to find out about their experiences with different carriers to help direct me to the one best for me .


Input: Why Should A Person Purchase Disability Insurance?

Output: Disability is one of the most neglected indemnification products on the market and itshould n'tbe . The statistics are so overwhelming that you will experience a disability during your working life that may force you out of work for 30 months . Disability insurance is really paycheck protection and should be purchased in tandem with term life insurance .


Input: Why Should A Person Purchase Disability Insurance?

Output: A person should purchase disability insurance to help offset the potential loss of earned income , which could be financially devastating . Disability coverage , when purchased at specific ages , will give you the peace of mind knowing that in the event of a covered event where you can not work , a stream of income will be provided . Rates are based on your occupation and specific health factors . When purchased young , premiums are affordable , compared to the potential risk you take by not having coverage .


Input: Why Should A Person Purchase Disability Insurance?

Output: In today 's economy the average individual need his income to pay bills and maintain his standard of living . If that income isinterrupteddue to an extended disability , the results could be financiallydevastating At the least the individual would be forced to tap into money set aside for retirement or theirchild ` seducation . Worst case could result in bankruptcy . Having Disability insurance provides that income lost and protects a persons savings and credit history .


Input: Why Should A Person Purchase Disability Insurance?

Output: Anyone who values their paycheck or an income should purchase disability insurance . The average American only has 90 days worth of cash reserves , yet the average long term disability lasts 31.2 months ! Would you be willing to drain your savings just so you can pay your bills and buy food ? By protecting your most important asset - YOUR PAYCHECK - you 're giving yourself peace of mind .


Input: What Can Disability Insurance Cover?

Output: Disability Insurance pays a percent of your income to you if you become disabled and unable to work at any job , or your own job , depending on the features of your policy . So almost anything that causes you to become disabled is covered . Some exceptions might be -LRB- again , depending on your policy -RRB- disability due to drug/alcohol use , self inflicted injury and/or injury incurred while committing a crime .


Input: What Can Disability Insurance Cover?

Output: Also , depending on your occupation definition , you could become injured , go back to a different job , and STILL receive a benefit . For example , if you are a surgeon who injures her hand , you would go out on claim and receive a monthly benefit . Then , if you return to work as a general practitioner or as a professor , you could still receive that entire disabilitybenefit on top of receiving your new income .


Input: Can You Rent A Car From Enterprise Without Insurance?

Output: No rental car agency is going to rent you a car without some type of insurance . If you do not have your own insurance or do not wish to use your own insurance you may purchase the insurance offered by the rental car carrier . Keep in mind , liability limits offered by the rental car agencies are state minimum . All rental car agencies are actually concerned about is that their car is going to be repaired in the event of a loss .


Input: Is There Open Enrollment For Medigap?

Output: Every Medicare Beneficiary gets a 6 month period when you are allowed to buy any Medigap Plan that 's sold in your state . This Open Enrollment Period starts in the first month your ' e covered under Medicare Part B , AND you 're 65 or older . This Open Enrollment Period is only available one time . It 's a great opportunity to get a Medigap Plan during this time because you ca n't be denied a Policy due to current or past health conditions . If you 've been on Medicare Part B for more than 6 months , then you are out of the initial Open Enrollment Period . However , you CAN still apply for a Medigap Plan -- you 'll just have to answer the health questions on the application . If you already have Medigap coverage and want to switch Medigap Plans , you can apply for a new Plan any time of the year . Since there are many moving parts to Medicare , you may benefit from speaking with an agent who specializes in Medicare Supplement insurance . I am happy to help you with your specific situation .


Input: How Long Does Car Insurance Take To Activate?

Output: When you are working with a licensed Insurance Professional and that person is granted binding authority by the company they represent , once you complete the application , sign it and pay your initial premium , you are covered under the terms and conditions of that company 's auto insurance policy . In other words , coverage is activated effctive the selected start date right away .


Input: How Good Is AAA Life Insurance?

Output: As of June , 2012 , the AM Best rating for AAA life insurance was A - . It 's Term insurance is competitive and has the same guarantees as most life insurance companies . It does require fairly good health to get the Term insurance , although they offer Whole Life that covers more health conditions . Rather than rely on the quotes of one carrier , you might find a better price shopping multiple carriers , as you can get via one agency or online website . That way , you will have someone that can guide you to another product if you do not qualify or do n't care for AAA has to offer .


Input: Does Prudential Sell Whole Life Insurance?

Output: Actually , Prudential does NOT sell whole life insurance at this time . They do sell term life insurance , and they sell permanent insurance in the form of universal life , indexed universal life , variable universal life , and survivorship universal life . But they do state on their website that they do not offer whole life .


Input: Does Prudential Sell Whole Life Insurance?

Output: That is a great question ! You better believe they sell whole life insurance policies ! They sell a ton of them . They 've been around a long time , and have built a good reputation , and so are still very popular . There are a lot of places that you could but a policy from , and a good agent can help you find one . Prudential is a good place to start . Thanks for asking !


Input: Does Prudential Sell Whole Life Insurance?

Output: Yes - nearly every life insurance company offers a whole life insurance product . If you 're looking for help securing a whole life policy with the carrier , please let me know and I can send you the requested information -LRB- Prudential is one of the many carriers my group represents -RRB- . In addition , we can compare Prudential 's whole life program to whole life policies from other carriers to make sure the rate you 're paying for a given coverage structure is at the lowest possible cost . I hope the information is helpful - thanks very much .


Input: Does Prudential Sell Whole Life Insurance?

Output: As one of the two largest life insurance companies in the US Prudential sells a lot of whole life insurance . At one time there were towns in the USA where every household had at least one prudential policy . Prudential was a leader in an old form of whole life called debit insurance . A man would come to your home each week and collect the premium , normally less than $ 5 .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: Why should you buy coverage for a new baby ? Well three basic reasons may apply as to `` why '' ? First , if you were to lose your child , what would you do ? Would you go into work on Monday ? Would you and your spouse agree on the cost of the service and headstone ? Sorry to be blunt . A life insurance policy lets you take a breath , decide on your service and reduces the `` what can we afford to do ? '' in the situation . Second , you can purchase guaranteed insurability for your child 's future when you build your policy . These options take away the insurance company 's ability to say `` no '' to your child 's future purchases , no matter their health . Finally , depending on your choice of policy , you get your child a foothold in their financial future . You are knocking out one of the foundation pieces to a financial future while the price is super cheap . One of many things down , more choices for other dollars later .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: Covering a new born baby for most people does not seem natural . However , the truth is some times bad things happen and a baby can die for a number of reasons . Most people think there should be enough benefit to cover a funeral cost . But what about the emotional cost to Mom and Dad and the siblings ? We are not built to bury our children at any age , life insurance benefits allow time to grieve without financial worry . On most adult policies have a child rider that can be added for just a few dollars and will cover all of your children with guaranteed conversion as a young adult to protect their insurability . Certainly a cash value plan , like whole life insurance , as above mentioned several times is an option as well for a few more dollars . None of us know how long we have on this earth , life insurance helps the financial side of grief of your loved ones regardless of the person 's age .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: Here is a testimonial . I was 12 years old when my little sister died of cancer just before her second birthday . My dad bought life insurance on all 6 of us kids when we were born . This unspeakable tragedy has extended tentacles into our lives in many ways , both good and bad . But my mom said one of the few bright moments during those dark days was that they had life insurance to pay for my sister 's funeral . Had they not gotten her a policy as a newborn , chances are she may no longer have qualified -LRB- due to her cancer diagnosis -RRB- by the time they got around to it .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: This can be a very unpleasant conversation for parents to consider because most people view insurance as something that covers death . But insurance can do more than provide a death benefit . For starters , a newborn child will qualify for the lowest premium possible . A parent can get them a whole life policy and lock in the rate for the rest of their lives . This means that age 40 the child will be paying the same premium as they did when they were a child . In addition to locking in a policy price , when you insure a child you eliminate the possibility of them becoming uninsurable at a later date . Sometimes children are born healthy and their health changes when they get older . It is always best to get insurance while you can because the future is uncertain . You will not hurt your child by insuring them early . Ultimately it will probably help them .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: Why should anyone buy life insurance on a newborn baby ? That 's probably the 1st question anyone would ask when the subject is brought up . I can think of a couple good reasons right off the top of my head . 1 -RRB- should the baby die the last thing anyone would want would be to have the costs of a funeral added to the burden of grief ! 2 -RRB- Whole life insurance is a really great way to begin a savings fund for the child that will grow tax-free and at a much faster rate than any savings , CD or money market account . And the money can be available for college funding or a first car when the time comes !


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: First , speaking from personal experience , my son committed suicide @ age 17 . The benefit paid for funeral costs and time away from work which is more than you might think . Second , you can get as much as $ 50k for $ 4 per month which is a great gift of life to provide to your children when they become adults . Keeping this simple , no one depends on a baby so be sure to have adequate coverage on yourself as the parents . Let me know if you have any questions .


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: That is a great question ! There are a couple of good reasons , one that is nicer to think about than the other , but both valid . The nicer one is that the cost of life insurance is a set price for whole life insurance . That means that if you purchase a policy for let us say , $ 5 a month for your child , they will still be paying $ 5 a month when they are 25 . The price never changes , despite whatever health issues arise . The other reason is that it is unfortunate but true that children die also . And their funerals are expensive also . If it would be a hardship for you to be able to bury your child , then that $ 5 a month is a really good hedge . Another reason is the one I alluded to above - if there is a health issue that surfaces that could impact significantly your child 's health throughout their life , then getting the affordable coverage before the issue arises is a huge blessing . Many companies have been forced by the slowed economy to increase premiums on policies for the less healthy , and to cut back on what they will accept as healthy . It 's a possibility that you may never have to worry about this -LRB- God willing , and I sincerely hope so -RRB- , but if there are health issues in your family lines , it might be a good thing to consider . You would want to look for a good independent agent in your area to look for the right policy for you . If you would like more information , please feel free to contact me , and we 'll go over your questions offline . I appreciate your asking , and if you do have a newborn , congrats !!


Input: Why Should I Buy Life Insurance On A Newborn Baby?

Output: Life insurance on a newborn is the cheapest that it will EVER be plus once you start a life insurance plan , you are locking in that rate forever ! And the cash build up if you are putting enough in will blow your mind !! Let me show you how it works ...


Input: Can Your Landlord Make You Get Renters Insurance?

Output: Some may , yes , but either way it is a smart idea . If your landlord is making you get renters insrance as a condition of your lease , keep in mind it is only to protect their interests . They want to make sure that you have liability coverage in the event you do something that either causes damage to their property or injury to another person . That is only part of the reason that you should want to buy it . Renters Insurance also provides coverage for your personal belongings - the things you would otherwise have to pay to replace if they were lost or damaged .


Input: What Happens When I Cancel My Car Insurance?

Output: That is a great question ! The first thing that happens is that you are no longer covered if you are involved in an accident . Any damages , injuries , or loss of life will be your financial responsibility , with no help from the insurance company . The second thing that happens is that you now can no longer legally drive . The penalties for being an uninsured driver are stiff , and will leave a black mark on your record that will make it difficult or impossible to get reinsured in the future . Please do not consider dropping your coverage until you have another one in place . Thanks for asking !


Input: How To Get A Hospital Bed Through Medicare?

Output: Most DME -LRB- durable medical equipment -RRB- is covered by Medicare Part B . As for most DME 's , you must have a medical necessity for the equipment as certified by your doctor . After you have paid your Part B deductible , Medicare will pay 80 % of the allowed amount for a hospital bed and you pay the remaining balance . You should use a Medicare approved supplier that takes assignment to lower your OOP costs .


Input: What Is Long Term Care Life Insurance?

Output: Long term care insurance protects extended care risk of assisted living and nursing home care . During retirement seniors face medical expenses and extended care to some degree . An average married couple may incur $ 250,000 during their golden years in related bills . Long term care insurance protects the finances of the elderly .


Input: How Can I Reduce My Homeowners Insurance?

Output: The first step would be to recalculate the value of the residence as this is the basis for the premium . Many homes have more insurance than necessary . The second step would be to increase the deductible . Home owners claims are rare ; consider the impact of an increased deductible . I do not recommend reducing any limits , particularly liability limits unless your recalculation shows that the home can be rebuilt for less .


Input: Does Aflac Have Disability Insurance?

Output: Aflac offers short term disability that can be purchased on a group basis , only . They do not carry traditional long term care disability policies , but offer a variety of plans that are intended to help out someone suffering from a condition that can render them unable to work for a period of time . These go into effect when triggered by something like an illness or hospitalization rather than a loss of income .


Input: What Is Pure Endowment Life Insurance?

Output: Pure endowment life insurance is seldom -LRB- if ever -RRB- sold at this current time . Pure endowment life insurance is defined as life insurance under which the face amount of the policy is payable only if the insured person survives to the end of the endowment period . If death occurs during the endowment period , it will not pay anything .


Input: How Much Does Life Insurance For A Baby Cost?

Output: Life insurance premiums are based on age , so it is very inexpensive to purchase it for a baby . The health of the baby , duration of coverage , and carrier also affect premium so it would be difficult to quote all of the scenarios in the scope of this answer . To provide a very rough idea of cost ; the premium for $ 10,000 of coverage will be around $ 4.50 per month . The parent may want to use life insurance as a savings account for the baby in which the premium will depend on the factors above and also how much the parent wants to save . It is an excellent idea to start early with insurance as it guarantees the child 's insurability as they get older . Please discuss the many options available with a knowledgeable insurance professional .


Input: Where Should I Buy Renters Insurance In South Carolina?

Output: If you wish to avoid a sales pitch and would rather take your time and utilize a Self Service Insurance portal , you may proceed to obtain a quote and buy renters insurance online . If however , you would prefer to visit a retail agent and deal with a person directly , you may wish to contact Farmers , State Farm or Allstate and find your local agent who will be happy to make an appointment and answer your questions directly . The following link will provide an online format to obtain a quote and buy renters insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: What Is The Current Interest Rate For Annuities?

Output: This depends on the type of Annuity . Deferred Fixed Annuities are up to 3.5 % for 5 years at the moment . Fixed Indexed Annuities have yearly caps up to 7 % right now . And Immediate Annuities have payout rates from 6 % up to 9 % . So it really just depends . You can always look online at websites such as fixedannuity4me.com to check for current up to date rates .


Input: Will Insurance Cover A Stolen Car If The Keys Were In It?

Output: Providing you carry comprehensive coverage on your auto policy which covers theft your insurance would still cover the theft of your vehicle if you left your keys in the car . Always make sure to file a police report immediately if your vehicle is stolen and then contact your insurance company to file a claim .


Input: When To Buy A Variable Annuity?

Output: That is an excellent question ! Here 's what you need to have to want to purchase a variable annuity . A. -RRB- A lot of money that you are willing to lose . These annuities do not guarantee that your investment choices will perform well enough to make money , nor that you wo n't lose the money that you invested . Be aware that this is a possibility . B. -RRB- A lot of extra money that you want to pay in fees . These annuities have all the regular fees associated with annuities , and extra ones to boot . C. -RRB- A good understanding of the market , and the investment histories of the choices you are offered . Far too often , clients know nothing about the performance history of the options they are given to allocate into , and make unwise choices . If you have all three of these things , then this may be the annuity for you , if not , maybe a different one would be better . Thanks for asking !


Input: When To Buy A Variable Annuity?

Output: A variable annuity has features that make it an attractive purchase . A variable annuity is often seen as a hedge against the ravages of inflation . The time to buy a variable annuity is when you want to establish a long term savings program . Normally the objective of the program would be to accumulate money for retirement . You would consider a variable annuity if you were dissatisfied with the return offered on other annuities . The final consideration is to evaluate your risk tolerance to determine if a variable annuity is the correct contract for you . In order to purchase a variable annuity you must deal with a registered representative who holds a variable annuity license in your state . This agent receives additional supervision for your safety . This agent will provide you with a prospectus for any fund available in the variable annuity The primary feature or a variable annuity is that the contract is an annuity . An annuity can provide an income that you can not outlive . This feature can be different in various variable annuities but the fact that a lifetime income is available is extremely important . Another feature that would make a variable annuity attractive is that there isnt any taxation on gain during the accumulation period of the annuity . The gain is reinvested inside the annuity and this compounding effect is very important . A variable annuity unlike other annuities is not based upon interest , rather it is based upon the performance of underlying investment accounts which you may tailor to suit your specific needs and interests . You are normally granted the right to transfer between investment options without triggering income taxes . Many of these transfers also avoid any fees . There are risks associated with investing in a variable annuity , including loss of principal . A variable annuity is flexible . It can be changed throughout the accumulation period to meet your specific requirements . You risk tolerance can change over time . The variable annuity will allow you to change the mix of investments held by the variable annuity . If you become apprehensive about the market , there is almost always a fixed account to provide steady interest without fear of loss . There are fees associated with a variable annuity that are not always found in other annuities . These fees reflect the fact that the value of the annuity is invested , rather than merely earning interest . There are opportunities in most variable annuities to shift from fund to fund and to shift from variable funds to fixed funds . Normally there arent any fees for this service . Like most annuities surrender fees may be applicable . This is because of the long term nature of the contract and can be understood when compared to the early withdrawal penalties that are a part of certificates of deposit . These surrender fees are often waived in the event of disability . Like other annuities the variable annuity allows you to select a beneficiary . Many variable annuities provide for a guaranteed minimum death benefit that provides some safeguards for your family should you retire before you retire . The death benefit from the annuity would pass by contract to the beneficiary in the event of death avoiding probate expense and delay . Many variable annuities will return the amount of deposits as a death benefit should the value of the annuity be less .


Input: Is Blue Cross Blue Shield Medicare?

Output: Blue Cross is an insurance carrier . In most states Blue will write Medicare supplement plans and in some areas they will offer MAPD -LRB- Medicare Advantage -RRB- plans . When you have original Medicare you can buy a Medigap plan from Blue or any other carrier . Blue MAPD plans are a form of privatized Medicare .


Input: How would rise in cost be determined to be used as a qualifying event?

Output: I assume you 're referring to a rise in cost of your current health insurance premium . If the employee 's share of the annual premium is greater than 9.5 % of their annual household income , that would created a qualifying event . For an individual , and income change would be considered a qualifying event if your new income causes you to become eligible -LRB- or ineligible -RRB- for a subsidy -LRB- Advanced Premium Tax Credit -RRB- or if it causes you to have a change in your Cost Sharing Reduction -LRB- in other words , if you become eligible for a Silver 73 when you previously had a Silver 70 , for example -RRB- .


Input: Will Homeowners Insurance Cover A Leaking Basement?

Output: Once rain water hits the ground it is considered to be the peril `` flood '' . If the water finds its way into the basement that is considered `` seepage '' and is excluded under most homeowners insurance policies . Some companies will consider coverage under the `` water back-up of sewers and drains '' coverage however that is pushing the limits . It will come down to the company and adjuster to decide coverage .


Input: Will Homeowners Insurance Cover A Leaking Basement?

Output: Depends on what caused the leak . No for flood -LRB- rain that hits the ground -RRB- nor a continuous -LRB- over Time -RRB- maintenance type leak . The homeowners policy is designed for spontanous leaking of water . e.g. burk pipe , leaking washing machine hose , snapped the shower handle off and it took 1/2 hour to find the shut off . I use these examples because they have happened to my clients Patrick


Input: Which Medicare Supplement Is Best For Me?

Output: Medicare supplement plan F is the most popular and most comprehensive of the 10 supplement plans , but also features the highest premiums . If budget is not a major concern , I would recommend going with this plan as it offers the most predictable healthcare expense structure - just about everything in hospital and doctor office visits , tests , and exams are covered at 100 % . Plan N can be a great option as well , especially if your doctors accept assignment -LRB- accepting the Medicare-approved amount as payment in full -RRB- thus not subjecting you to any excess charges -LRB- which plans F and G cover -RRB- . There are 10 different Medicare supplement plans in total and they are all standardized , meaning a plan F from company A and a plan F from company B feature the EXACT same benefits . The 10 different plans available are plans A , B , C , D , F , G , K , L , M , and N. Each plan offers certain benefits some more comprehensive than others . For example , Plan A offers coverage of only the basic benefits of Medicare Supplement Insurance , while Plan F is the most comprehensive . Plan F also offers a high-deductible version of the plan it is the only plan that offers this feature . Under a high-deductible plan F -LRB- also referred to as Hi-F -RRB- , the insured must pay for Medicare-covered costs up to the years deductible amount $ 2,140 in 2014 before the supplement plan pays anything . The benefit of the high-deductible plan F is that it offers the insured a much lower monthly premium . In short , each plan has it 's own pros and cons and what may be suitable for you may not be for someone else . Independent agent can provide you with the rates for multiple companies and help get you set up with the plan that 's right for you . Carriers try to differentiate themselves by competing on rates and what , if any , value-added services they offer . Value-added services can be things like a help line , discounts for services -LRB- such as dental and vision - not dental and vision insurance , just discounts off the full price -RRB- , and others . Please let me know if you have any other questions . Thanks !


Input: Who Is The Best For Life Insurance?

Output: Each life insurance company has its own niches , so the best life insurance for one person may not be the best life insurance for another . The key is finding an agent who can put you with the company that has your best rates . Be sure that you are comparing the same plans when you compare prices .


Input: Who Is The Best For Life Insurance?

Output: The answer to who is best would probably be a trusted life insurance agent . If you dont have a relationship with an agent get recommendations from friends , colleagues or neighbors . The best policy is the one that is in force and will pay the full death benefit on the day that you die . If you can tell me when that will happen I can also tell you the best plan of insurance .


Input: Who Is The Best For Life Insurance?

Output: The answer is who is the carrier that will offer you the desired coverage structure at the lowest possible cost . There are hundreds of insurance companies out there . The risk classification is the most important aspect when figuring out which carrier to set up your coverage through because the risk classification determines the premiums . Please note , every carrier has their own underwriting guidelines , so some carriers will work better than others with a given medical history -LRB- e.g. company A may offer you preferred while company B may offer you standard -LRB- meaning a higher premium -RRB- -RRB- . You should work with an independent life insurance broker who can shop the case for you among multiple companies so you can get the most accurate numbers . I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Does Permanent Life Insurance Make Sense?

Output: If it makes sense or not , is up to the individual . Permanent life insurance is part of a financial plan because it makes sense to a lot of people , including myself.The problem with deciding if it 's a good choice or not is how it is compared by those who do n't want you to purchase it . The dreaded hypothetical 12 % return mutual fund . You know , the one that goes up forever at the same return to infinity ? Permanent life insurance is boring , conservative and usually very safe . A 12 % return security does not share the same characteristics as RISK is a greater issue with any security . What an individual has to decide is if they want something that is boring and conservative as part of their portfolio ? For me , it makes great sense as I want a diverse portfolio with different levels of risk so I can sleep at night . But again , that is just me . If somebody else wants to experience the highs and lows in their entire portfolio , entirely their choice .


Input: Does Permanent Life Insurance Make Sense?

Output: Permanent Life insurance makes a lot of sense actually as part of your financial plan . There are needs for term or temporary insurance as well . Some insurance agents will tell you that Permanent Insurance is a `` rip off '' , and is n't needed but this is n't true . Each of us need to determine how much insurance and what type we need . Permanent or Traditional Whole life coverage will cover needs such as : Last expense Benefit for funeral costs and unpaid medical bills when you pass away . Estate Taxes for those of us with large estates . Business Continuation Insurance To Fund Buy and Sell Insurance for Business Partnerships -LRB- Term insurance can be used also -RRB- Term or Temporary Coverage is appropriate for needs like : Mortgage Protection to payoff your mortgage in the event of your premature death . Income for your surviving spouse and family , to adjust for life without your income . Money to either pay or partially pay for College education for your children . As a financial planner , I generally recommend a combination of both types of coverage for my clients


Input: Does Permanent Life Insurance Make Sense?

Output: I strongly believe it does for most people . While you pay more for permanent insurance initially , in later years you will be paying far less than if you buy term and keep renewing it every term period . Most people are living well into their 80 's and 90 's . If you can even find a policy that would renew to those ages , the premium would be extremely high . This is because term insurance premium go up with each renewal , permanent insurance premiums stay level . Permanent insurance also has what is called non-forfeiture options . This utilizes the cash value in the policy to help keep it in force should an illness or financial setback make premium payments unaffordable . You do not have those options with term insurance .


Input: Does Permanent Life Insurance Make Sense?

Output: And their two main kinds of permanent life insurance . There is universal life insurance and there 's whole life insurance . Universal is usually sold under the name permanent insurance but that does n't mean that it 's priced where will be in force your entire lifetime . It usually has guarantees to certain age and will lapse after that age . Whole life insurance definitely makes sense if the need for your insurance will be there your entire lifetime . If you only have a temporary need for the life insurance such as the cover of mortgage payoff which will end in 20 or 30 years you only need term life insurance for that .


Input: Does Medicare Work Abroad?

Output: Original Medicare -LRB- Parts A & B -RRB- does not cover health care received outside of the United States . Medicare supplements -LRB- Medigap -RRB- plans C , D , F , G , M , and N will cover some emergency care outside the U.S. . You would have to pay a $ 250 deductible and there is a lifetime maximum benefit of $ 50,000 .


Input: Does Vanguard Have Annuities?

Output: Vanguard does not manufacture -LRB- issue -RRB- annuity contracts , but it can act as an agent and sell them to you . When Vanguard does this , it is acting in the same capacity that any licenses insurance agent would and will receive commissions on the sale of the annuity contract that you purchase .


Input: What Is The Difference In Medicare And Medicaid?

Output: Medicare is a taxpayer financed , government run health insurance program mostly for those age 65 and older . If you qualify for Social Security disability you can also qualify for Medicare . Medicaid is a taxpayer financed , government run health insurance program for low income people . Some qualify under dual rules for Medicare and Medicaid .


Input: What Is The Difference In Medicare And Medicaid?

Output: What is the difference between Medicare and Medicaid ? Medicare is the health program that most Americans enter into at age 65 or later . It is a basic health plan that most people purchase additional coverage through a Medicare Supplement or Medicare Advantage program . Medicaid is our social safety net used to provide a base level of health insurance coverage to the poor and disadvantaged .


Input: Can I Pay Life Insurance With A Credit Card?

Output: Some insurance companies will not accept credit cards for payment of premiums . Some will . Typically if you pay your premiums annually , semi-annually or quarterly many providers will accept credit card payment . It seems the biggest issue with credit cards is that people tend to forget about updating their information as needed with the companies they pay by credit card . When a card expires and is replaced with a new expiration date , the previous card is no longer useable . Sometimes people will delete a credit card account that was being used for automatic payments and not inform their creditor of a replacement card . It creates a lot of accounting headaches . So insurance companies prefer to debit from checking or savings accounts .


Input: Can I Pay Life Insurance With A Credit Card?

Output: Whether or not you can pay your life insurance premium with a credit card depends on the rules of the company through which the policy is being purchased . Many companies allow credit card payment for premiums that are paid in a mode other than monthly -LRB- i.e. quarterly , semi-annually , or annually -RRB- . Discuss the form of payment with your agent before you purchase the policy , so that you do not end up losing your policy simply over the inability to pay the premium in the manner required by that company .


Input: Does Medicare Approve Shingles Vaccine?

Output: Zostavax is an FDA approved drug for the prevention of herpes zoster -LRB- shingles -RRB- . Medicare Part B will cover the administration of the vaccine in your doctors office , but your doctor may not bill Medicare for the cost of the medication Your doctor can write a prescription for you to pick up the vaccine at a pharmacy and the pharmacy can bill your Part D plan


Input: Does Homeowners Insurance Cover A Slip And Fall?

Output: Coverage for liability arising from personal injury or property damage is an integral part of most homeowners policies . This coverage is extremely important but often overlooked . The whole field of personal injury is a very active arena for litigation . What I routinely recommend is that the policyholder take the maximum amount of liability protection available and then consider an umbrella policy to further extend coverage .


Input: Does Homeowners Insurance Cover A Slip And Fall?

Output: Homeowners Insurance usually includes Personal Liability coverage listed under Section II on the Declarations Page . Personal Liability will usually cover a legal case brought against the insured and direct family members in the insured household due to negligence . It is important to read the coverage definitions , limitations and exclusions to assure that coverage will be afforded for each specific case . If there is a case of a Slip and Fall incident due to the negligence of a covered person , it is likely that coverage exists ; however , this will be determined by the adjustor assigned to the specific case during examination and interpretation of coverage on the said policy . It is never a good idea to assume coverage without the complete legal interpretation of both the policy and the specific case presented .


Input: Does Car Insurance Always Go Up After An Accident?

Output: Not necessarily . A lot depends on your prior driving history . If you have been a safe driver and have one accident , that accident will usually be forgiven It would also depend on the severity of the accident and circumstances involved . If the accident has a major offense such as a DUI or Reckless Operation attached to it then you would probably receive a rate increase or possible non-renewal .


Input: Does Car Insurance Always Go Up After An Accident?

Output: That depends on the terms and conditions of your auto policy . Some companies include an accident foregiveness provision automatically for long term policy holders who have been otherwise claims free . Other companies offer similar foregiveness provisions as amendments that you can purchase . Your insurance will also generally not go up if you are the victim of someone else 's negligence - a hit and run for example . Finally , if you hit a deer or some other animal and file a claim , generally your insurance company is not going to increase your premium as a result .


Input: How Much Does Health Insurance For A Family Cost?

Output: It would be based on your family size , income andtobacco use . Base on yourpersonal family composition , that wouldbe use todetermine if you qualify forsubsidy or not.If you doqualify for subsidy you would subtract the amount of subsidy you are awardedfrom the total monthlypremium , what 's left iswhat you would berequired to pay .


Input: Does Renters Insurance Cover Everyone In The Apartment?

Output: Great Question : Renters insurance covers the named insured and his wife and kids . But for example if you live with a roommate you need to have separate policy for each of you guys . The insurance company wants each roommate to have his own personal renters policy to cover his personal property .


Input: Does Renters Insurance Cover Everyone In The Apartment?

Output: Renters insurance provides coverage for the insured and the insured 's immediate family that reside in the same premise . If you have other pesons living in the same residence they will have to purchase their own renters insurance policy to have proper coverage in the event of a covered event occuring .


Input: Can You Get Car Insurance With A Suspended Drivers License?

Output: That is a great question ! While it will be difficult to get insurance , it is possible . What you will need to do is contact your agent , and find out what they will need to issue you a policy . In most cases , that will mean satisfying the requirements to get your license reinstated - fines paid , classes taken , whatever was required of you . Having your license suspended is bad , but it will be infinitely worse for you if you get caught driving on it , and you are uninsured . Please do n't even consider it ! Good luck , and thanks for asking !


Input: Can You Get Car Insurance With A Suspended Drivers License?

Output: You may be able to get auto insurance while having a suspended license , but typically only under specifiic circumstances . One set of such circumstances would be that you are nearing the end of your suspention period and your states DMV is requiring you to have auto insurance before your license is reinstated . Contact your local agent to find out more about coverage availability and pricing in your area .


Input: Can You Get Car Insurance With A Suspended Drivers License?

Output: Yes it is possible to get auto insurance coverage if your license is suspended but typically only under limited circumstances . This type of thing typically occures when a person is nearing the end of a suspension or revocation and is being required by the DMV to show prove of insurance and SR-22 . Contact a local to discuss your circumstances to see if you would qualify to purchase the coverage that you want .


Input: What Does M Mean At The End Of A Medicare Number?

Output: The letter M at the end of a Medicare number means that the Medicare patient is enrolled in Part B but is not insured for Medicare Part A . The description for M is `` Uninsured Premium Health Insurance Benefits -LRB- Part A -RRB- '' . There is also a Medicare designation of M1 which means `` Uninsured - Qualified for but refused Health Insurance Benefits -LRB- Part A -RRB- '' .


Input: Does Long Term Disability Insurance Cover Pregnancy?

Output: Generally no , but there may be exceptions . Most long term disability plans have waiting periods of 90 days or longer before you may be eligible for benefits . You would need to meet the definition of total and permanent disability in most cases , although some plans may have partial disability benefits .


Input: What You Should Know About Disability Insurance?

Output: When you buy disability insurance , you should know what amount it will pay , when it will start paying the benefit -LRB- elimination period -RRB- , and how long it will pay . You should know whether it will pay if you can not perform your OWN job or ANY job , and if it will pay if you can do only go back to work part time and/or being less productive than you were before . You should know whether your policy is renewable and what premium increases you might expect .


Input: How Much Interest Do Annuities Earn?

Output: Tax deferred fixed annuities that credited interest rates generally have three basic guaranteed periods : 5 , 7 and 10 years . currently crediting rates are paying between 2.75 % for five year and 3.2 % for ten years . With interest rates recently rising , you 'll need to confirm any quotes you may receive .


Input: What Is MOOP In Medicare?

Output: MOOP in Medicare stands for Maximum Out Of Pocket costs associated with Medicare Advantage Plans . The Patient Protection and Affordable Care Act set the mandatory MOOP at $ 6,700 in 2013 , or a voluntary MOOP of $ 3,400 or less in exchange for more flexibility . This does not include prescription costs and monthly premiums .


Input: Is An Annuity Better Than An IRA?

Output: An annuity is a savings or investment product depending upon the definition of an annuity such as security product like variable annuities versus a non-security fixed annuity product . An IRA is an individual retirement account which is a qualified plan and not product that can hold investments as well as insurance products like annuities . A qualified plan in and of itself is an IRS code permitting special tax treatment but without a product is an empty economic storage bin . An annuity is a product , which can be in a qualified plan or remain a non-qualified annuity . Strictly on the basis of the question , Is An Annuity Better Than An IRA ? Yes , an annuity is better than an empty shell .


Input: Is An Annuity Better Than An IRA?

Output: Is an Annuity `` Better '' than an IRA ? First let 's establish what an IRA is ? An IRA is NOT an investment , it is a tax favored shoe box , that investments , including an annuity , can be placed in for tax favored status . An annuity already has tax favored status and is not subject to IRS contribution limits as to what ever you put in an IRA would be . So as to `` better '' as usual better becomes the function of what an individual needs . There is no straight forward `` better . ''


Input: Is An Annuity Better Than An IRA?

Output: Your question might more fully be ; Are the tax advantages of a non-qualified annuity better than an IRA ? Of course if that is your question , we would then need to determine whether you were asking about a Roth IRA or a Traditional IRA . The financial world is rife with details that carry a lot of significance . If you are comparing a non-qualified annuity to a Roth IRA to a Traditional IRA , none is categorically better than the others . Each has it 's own advantages and disadvantages . The key is determining which best fits your needs and your objectives .


Input: What Is The Minimum Coverage For Auto Insurance?

Output: It depends on the State you live in . In Ohio and many other States the minimum has been set at $ 12,500 per person $ 25,000 per occurrence with $ 7,500 in property damage . My feeling is that these amounts are too low . The cost of a new car today is in excess of $ 20,000 . Medical costs are sky rocketing . If you were injured in an accident and had to replace your car and pay high Medical bills would you be satisfied with these amounts ? Would you have an additional $ 10,000 to replace your car ? Do you have in excess of $ 50,000 or more to pay additional hospital costs and rehab ? States need to lookat , and I recommend , increasing these limits to a minimum of $ 50,000 per person , $ 100,000 per occurrence with $ 50,000 property damage .


Input: What Is The Minimum Coverage For Auto Insurance?

Output: In Montana the state minimum is $ 25,000 per person $ 50,000 per accident medical payment to other and $ 10,000 in property damage . This coverage is damage to others your are not required to have un insured or under insured or medical payments but it is recommended . Even though the cost of insurance rates are high the cost of damage with out insurance is much more . Compare rates with many carriers and see if they can help you keep your cost down and your coverage up . In many cases it is as little at $ 10 a month difference with the higher limits . The point being is that is does no one any good to have little coverage nor does it help you out if an agent sells you something you ca n't afford . Talk to an agent and see what you can get for the best coverage and at the best rate that fits in your budget .


Input: Where Does Medicare Funding Come From?

Output: Medicare receives most of its ' funding from payroll taxes paid by active employees . Additional funding comes in the form of premiums paid by Medicare beneficiaries . Medicare is a taxpayer funded program and is not an entitlement . Medicare beneficiaries EARNED their right to collect benefits . Medicare has a trust fund but it is mostly exhausted .


Input: Can You Be Forced To Buy Renters Insurance?

Output: A person can be required to get renters insurance as part of the lease agreement . This requirement helps protect landlords in the case of fire or other disaster . The landlord is not responsible for damage to the contents of the property , but many renters assume they are . A landlord that allows renters to have pets may require renters insurance in case of dog bites . Not maintaining renters insurance would be a violation of the lease agreement and be terms for eviction . Renters insurance is a good purchase for anyone as the cost is very low for the amount of coverage received . This will protect your property in the case of fire or theft .


Input: Who Is Admiral Car Insurance?

Output: Admiral Car Insurance is an Insurance Company located in Great Britain , UK . They offer car insurance , whether for one vehicle or multiple vehicles . They also cover other lines of insurance including insurance for your home , new driver discounts , and Life Insurance . Van , motor bike and travel insurance are also included in their portfolio . The number for customer service is : 0844-543-4416 . Admiral.com is the website .


Input: Can I Cash In My Retirement Plan?

Output: Can you cash in your retirement plan ? Unfortunately the ability to cash out a retirement plan is very easy to do . Billions get cashed out early every year , even with penalties and additional taxes involved , it does not sway some people from emptying their retirement accounts for not always the best reasons . Cashing out a retirement plan early should be the very last resort for a person . Basically you are wiping the slate clean and will need to start over . If you have to , you have to , but only if you really have to .


Input: Can I Cash In My Retirement Plan?

Output: I should preface this by saying you should explore alternatives before you do surrender a retirement plan since in addition to lost savings there are tax consequences . In Canada , whether you can cash in you retirement plan depends on what type of plan you have . Individual Registered Registered Retirement Savings Plans -LRB- RRSP -RRB- can be surrendered . Group Pension Plans can not be surrendered while you are part of the plan . When you leave the plan whether you can access funds or are required to transfer to a locked in RRSP depends on a number of factors . It depends . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: What Cancers Are Covered By Critical Illness Insurance?

Output: Critical Illness coverage can vary depending upon the policy but as a general rule it is internal , life threatening cancer including leukemia and lymphoma . Cancer only policies may also offer coverage for skin cancers in addition to internal cancer . The outline of coverage for any policy you may be considering should give the details as to what is covered .


Input: What Cancers Are Covered By Critical Illness Insurance?

Output: The type of cancers that are covered by a critical illness policy depends on the policy stipulations . However , cancer that is non-invasive -LRB- such as skin cancer -RRB- or at a very low stage , is the type of cancer that is normally excluded from Critical Illness policies . They generally cover cancer that needs treatment such as surgery , chemotherapy or radiation .


Input: What Are Out Of Pocket Expenses Health Insurance?

Output: Your out of pocket expenses consist of copays , coinsurance , deductibles . and any other monies that you have to pay yourself . Typically , under the Affordable Care Act legislation , many types of out of pocket expenses are capped or clearly defined . For non-Exchange plans , there may be more expenses that you incur . As a health insurance broker for the last 33 years -LRB- time flies ! -RRB- , this topic is regularly discussed and it 's important to know exactly what the amount will be before you purchase a policy or enroll .


Input: What Are Out Of Pocket Expenses Health Insurance?

Output: Generally speaking , some out of pocket expenses when you have Health Insurance include any covered expenses that fall under your stated deductible . If you have a $ 1000 deductible then , any covered expenses up to that limit are then considered out of pocket . Likewise , if you have a co-pay plan , for example thatpays 80 % of your covered expenses after your deductible , then theremainig 20 % of covered expenses arealso out of poskect expenses for you . These are but twoof the more common examples .


Input: What Are Out Of Pocket Expenses Health Insurance?

Output: Out-of-pocket expenses are the expenses you pay for your healthcare above your monthly premium . This can include your deductible and coinsurance or copayments expenses . You pay these amounts until you hit your out-of-pocket maximum for the year . Review your policy or talk to your agent to see what your specific policy covers and what you can anticipate paying when certain medical events occur .


Input: What Are Out Of Pocket Expenses Health Insurance?

Output: There are five main categories of out-of-pocket medical expenses with health insurance . Every policy will leave the policyholder with some level of reimbursed expenses . 1 - Copayments are made each time you visit a healthcare provider . 2 - Coinsurance is sometimes paid and expressed as a percentage of the allowed amount . 3 - Deductibles are very common . The policyholder pays 100 % of the allowed amount before benefit payments begin . 4 - Out of network charges apply when using a provider that does not participate in the health plan . 5 - Experimental treatments and other policy limitations also result in unreimbused expenses .


Input: What Is The Difference Between Term And Permanent Life Insurance?

Output: Term insurance and permanent insurance are different but in combination can provide an insurance plan that meets your needs as they change . Some obligations have specific durations . Some will last a lifetime . Caring for your spouse might be an obligation that lasts a lifetime . Final expenses , and charitable contributions are also lifetime obligations . A mortgage is a temporary obligation and term insurance would work well . While the cost for term insurance is low , when it doesnt end in a death benefit its actual cost can be quite high compared to a permanent plan that pays a death benefit .


Input: What Is The Difference Between Term And Permanent Life Insurance?

Output: Term life insurance lasts for a `` term '' of your life . This can be 10 years , 20 years , or however long a term you choose . Most policies stay the same price for the entire term , but not all are guaranteed to do so . Term life insurance should be used for temporary needs , because you never know , when the term ends , if you will be able to afford the much higher premium from continuing it or converting it . And not everyone can get a new term policy due to health or financial reasons . Permanent life insurance last for your entire life . Some policies that are referred to as permanent can indeed lapse if premiums are not increased , so take special care to purchase permanent insurance -LRB- whole and universal life -RRB- from a reputable agent .


Input: What Is The Difference Between Term And Permanent Life Insurance?

Output: A simple explanation is that term insurance is temporary and expires at some point and permanent insurance is designed to be in force when you die , not if you die during the term . With term insurance the premium charged is guaranteed for a term be it 5 , 10 , 20 or 30 years . Term coverage can usually be covered to permanent insurance at a age mentioned in the contract , typically prior to age 65 . Permanent insurance premium can be level and may or may not contain a cash value depending on the design of the policy . I suggest you work with a local independent insurance agent / broker to assist you in finding the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Is The Difference Between Term And Permanent Life Insurance?

Output: Term life insurance guarantees the premiums will remain fixed for a specific number of years -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- . Once the initial period of premium guarantee expires , the program changes to either annual renewable term insurance with premiums increasing each year -LRB- based on age -RRB- or the premiums remain the same and the death benefit decreases each year -LRB- this structure can be seen on term insurance that is featured on a universal life chassis . There is no cash value build-up in term insurance . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will generally be substantially higher . For both GUL and WL , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I highly recommend consulting with an independent insurance agent/broker to determine what policy benefit structure will best serve your needs , review quotes , and help you through the application and underwriting processes . You can send me a private message if you need assistance with your program .


Input: What Auto Insurance Is Required By Law?

Output: If you live in a state that requires auto insurance typically the coverages that would be required are bodily injury , property damage , and uninsured motorist at minimum . Regulations are different from state to state . The amounts and types of coverage can vary greatly . Contact a local agent to know what the coverage requirements are for the state that you reside in .


Input: When Does Life Insurance Take Effect?

Output: It depends . If you paid the initial premium with the application , coverage would be effective on the application date once the policy is approved and any additional premium due is paid . If you did not pay a deposit premium the effective date is either the approval date or a date in the future if the application requested a future effective date .


Input: When You Quit Your Job Does Health Insurance Stop?

Output: Your employer health insurance plan can stop at any time after you quit your job . It depends on how the plan summary is written . Some plan benefits cease the last day you work . Others continue through the end of the month and some continue for 30 - 90 days . If you exercise your COBRA options you can keep your group plan for up to 18 months in most situations .


Input: How To Get Health Insurance If You Are Overweight?

Output: It is very easy to get health insurance if you are overweight . Thanks to the new Affordable Care Act enacted by President Obama , there are no medical questions and no underwriting . This means that no matter a persons weight , health conditions or pre-existing conditions , everyone will pay the same for health insurance in your area . Insurance premiums are only based on gender , age , and if you have used nicotine in the last 6 months . You can purchase one of these plans through the Marketplace and compare plans and even see if you qualify for help paying for your premiums . You may qualify for help through the government since they are making everyone get insurance , then they are also helping people pay for it if they can not afford it . Please visit WEBSITELINK for more information or contact me .


Input: Does Medigap Pay For Long Term Care?

Output: Medigap plans are a supplement to original Medicare . Any Part A or Part B claim approved by Medicare is covered by Medigap -LRB- subject to your plan deductible , coinsurance and copay if any -RRB- . Long term care is generally not covered by Medicare and would not be covered by Medigap . In some situations Medicare will pay for a stay in a SNF -LRB- skilled nursing facility -RRB- or rehab unit .


Input: What Is The Going Rate For Renters Insurance?

Output: There is no going rate per say for any insurance coverage . Insurance premiums are based on individual risks and carriers . Every insurance policy can be priced differently based on geographic location , insured age , insured loss history , insured credit history , the property 's loss history , and many other factors . Contact a local agent to find out what the rate would be for renters insurance coverage in your area .


Input: How To Choose Disability Insurance?

Output: Whether you find an agent local to you , or find an agent online , be sure to request quotes from multiple carriers . One of the benefits of not working with an agent who solely represents one company is that you can shop around to find the best policy for you . Do n't forget , the best policy is n't necessarily the cheapest or the most expensive . Make sure your agent explains the policy provisions clearly because not everyone needs every rider or true own occ . Do n't be afraid to ask specific questions . Even if your agent does n't know the answer , he can get it quickly from the underwriter .


Input: How To Choose Disability Insurance?

Output: Working with over one hundred coverages help me determine the best fit for anyone . First off is to find the best options like the length in times it pays , the best rates , and whether there are extra benefits included . I ca n't say what you need unless you speak with someone in order to fit you with the best rate and the best company for your needs . There is a perfect policy for everyone .


Input: How To Choose Disability Insurance?

Output: How to choose disability insurance ? Well , first thing you check before rates and dollars paid out is the `` definition '' of disability . This is the only thing that matters as if you do not meet the definition of disability the policy will not pay out . The next is how long does the duration of the definition of disability last ? Is it different durations for different disabilities ? A policy is only as good as the definitions it pays from . Words are so very important with disability insurance . Unlike life insurance where death pretty much determines the payout , disability has to meet a definition within the policy to be paid out .


Input: Can You Buy Life Insurance In An Ira?

Output: An IRA is a qualified Individual Retirement Account . And although other qualified retirement accounts allow life insurance in their plans under a contribution limit , Individual Retirement Accounts do not allow life insurance at all . This includes Roth Individual Retirement Accounts as well . Keep in mind that that life insurance could be an alternative to Individual Retirement Accounts with the exception that there is no tax deduction .


Input: Can You Buy Life Insurance In An Ira?

Output: Can you buy life insurance for an IRA ? No , life insurance is one of a handful of items that can not be placed inside an IRA . For good reason if you think about it . If you were allowed to place a life policy inside a IRA you would write off the premium , but in doing so , the benefit would become taxable cash values and death benefit . Why would you take two strong tax advantages of life insurance to gain a few dollars tax deduction ?


Input: What Is Covered Under Home Insurance?

Output: Home insurance is designed to cover sudden and accidental losses . Home insurance is not a maintenance policy and it does not cover long term damage or wear and tear . Home insurance provides coverage for your dwelling , other structures -LRB- fence , shed ect . -RRB- , personal property and liability coverage . There are several optional coverages available including Water/Sewer Backup , Law and Ordinance , Earthquake , ect . You also want to make sure you purchase a Replacement Cost policy which will provide full value for your home , not a depreciated amount .


Input: What Is Covered Under Home Insurance?

Output: It is always a good idea to talk with your Insurance Professional about the specific terms and conditions of your policy . In general , Homeowners insurance provides coverage for your dwelling and personal belongings if they are damaged or lost due to a covered peril . Examples of some of the most common are fire , theft , vandalism and the like . Though some companies may include some unique limitations or exclusions like wind or hurricane damage due to proximity to coastal areas for example , generally you will find that the two most common exclusions are loss due to earth movement and loss due to flood . Earth movement can range from sink hole rto earthquake as but two . This coverage may in most cases , be endorsed back into a homeowners ' policy . However , coverage for flood is oonly available through the purchase of a separate flood insurance policy .


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: I can give you some insight based on my own experience . A number of years ago , I had a client with a history of heart disease . He was a young guy in his early 40s . Unfortunately , by that age he had already suffered several heart attacks . Every year he would ask me to go to market and see if I could get him an additional policy . Of course , I would disclose his heart history to every new carrier . They in turn would do their due diligence and review all his medical records before approving his application . Everything was on the up and up . I did succeed in getting him additional coverage . As you can imagine , he had to pay extra due to his medical history . But for him it was worth every penny . I guess he kind of had a feeling the big one was coming . Sure enough , after I had sold him about the fifth the policy , he did have another heart attack . It was a bad one , and he had to go into surgery . He died on the operating table . As the broker , I expedited all the claims . One of them was shortly after the policy has been put into force . You can imagine how the insurance company took a close look at that claim . I was very confident that things would go smoothly because I had gone through full disclosure , and the carrier was fully aware of his medical history . I knew it , and they knew it . Nothing to hide . The net result was that it took less than a week of additional time for the benefit check to be issued .


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: The reason the claim is being contested is because the carrier has a right , and a duty to its policyholders , to make sure that the application was accurate and information it contains did n't materially misrepresent the health or history of the insured . People do resort to different moral standards when faced with the end of life without adequate financial resources for their family members . And , agents may not provide the best guidance while assisting in application completion . Once submitted , however , underwriting a new application is usually thorough and methodical . Within two years though , when a claim occurs within the contestable period , there are enough reasonable questions about the health and condition of the insured that these issues are revisited as a matter of due diligence . That is why the contestable period exists . Claims laws in every state do not give the carrier the discretion to drag their feet and they must generally act on the claim within a reasonable period after it is presented . My experience is that the benefit is paid within 60-90 days or sooner if the application was accurate and all known issues were admitted and acknowledged on the application -LRB- when the cause of death is not in dispute -RRB- . Nevertheless , it is a difficult time to be asked to wait for the policy proceeds . It has been my experience that the delay is usually reasonable and almost always results in a death benefit being paid . When challenges are found to the veracity of the application , it becomes more complicated and these increase the chance that all that will be paid is the premium and interest and not the life insurance benefit . That is a rare event , on average . However , insurance companies can not be asked to pay for claims on individuals when their condition would not have been accepted and a policy issued . To conceal material fact is a reason any contract can be voided and life insurance is just another form of contract , in the end .


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: The answer will vary depending on the reason for the contest . Typically a policy is contested if the Insurer believes that what they originally approved -LRB- the insured current condition at time of policy issue -RRB- and what actually is does not match . Lets say an applicant dies from a form of cancer and it was determined that they had this condition for years and knew about it . If it was disclosed prior to policy issuance and the policy was issued anyway , there would be no reason to contest . But if it was not disclosed and the Insurance company would have denied issuing the policy had they known it will be contested . One of the best way to ensure this does not happen is to be honest when applying . Insurance companies have to evaluate risk before issuing a policy . If they feel it is an acceptable risk they will issue a policy . If not it will be denied . I hope this answers your question .


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: This is probably one of the most frustrating times during the claims process with Life Insurance . For planning purposes I would be prepared for 90 days . If you are the beneficiary , you should get a letter through out the process letting you know where the process stands or if there is additional information that you may be able to provide if necessary . If you have questions during this time do not hesitate to reach out to agents on this forum or feel free to contact me direct . You can find my information in my profile . Be patient but diligent .


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: That is a great question ! One I 'm sorry that you have to ask ... I 'm sorry for your loss . Each Stat 's Department of Insurance will have in its codes the specified time limits for filing claims , beginning the processing , and for making the payments . You may want to look there for your answer . The fact that your loved one passed so soon after purchasing the policy is always a red flag for the insurer , their first assumption is that there was a desperate health issue that led to the purchasing of the policy , and perhaps some dishonesty in the application answers . That is certainly not always the case , but that is how they treat it . They will ask for Doctor 's statements , coroner 's or autopsy reports , police reports , whatever documentation they need to determine if the timing was coincidental , or expected . Once they 've received all of the documentation , the process moves pretty quickly . I 'd expect the process to take between 6 weeks and 90 days , maybe longer , maybe sooner , depending upon how quickly everything is received . In any case , you will receive a payment for some amount . It will either be for face value of the policy , if they find in your favor , or for what had been paid in premiums over the length of time the policy had been issued , and some amount of interest , if they do n't . Should the latter be the case , you do have the right to appeal , but you 'll need a good lawyer and some money to outlast the insurer 's lawyer and overturn the decision . If you feel that you 've been wronged by them , you have the right also to file a complaint with the State . If you do so , be nice to your agent , because unless they advised you to misrepresent the truth , or have you apply fr something that was n't appropriate , I can guarantee you they had no part in the decision that was made by the company , In fact , they will have been asked for a statement also , and would have had to tell their impression of your loved one 's health . I 'm sorry for your loss , and I hope everything works out for you . Thank you for asking !


Input: How Long Does It Take To Pay Out On A Contested Life Insurance Policy?

Output: A contested life insurance policy can take months to investigate . As you may imagine when dealing with a large amount of money , life insurance death proceeds , the insurance carrier will be sure that they have conducted a thorough investigation . That being said , there is no set time period when a death claim is contested . Every situation is different and unique . A good experienced agent can be a great asset to move these investigations along , but they can and will take a lot of time . Best of luck !