Input: Is Homeowners Insurance Included In My Mortgage?

Output: The Mortgage itself is a Loan Account setting up a method of repayment ; the repayment structure includes interest over the term of the loan . Monthly payments on a mortgage loan account are sometimes referred to as : P&I -LRB- Principal and Interest -RRB- . At the request of the customer and in some cases , as a requirement to the mortgage contract , an Impound Account -LRB- Escrow Account -RRB- will be initiated in order to accommodate the bi-annual payment of property taxes as well as an annual payment of home insurance . This account will pay a nominal interest rate credited to the account at the end of each year . If the customer has an Impound Account , the monthly mortgage payments will include a monthly savings amount which will be deposited directly into the impound -LRB- escrow -RRB- account in order to accumulate funds to pay future tax and insurance invoices . Regarding Homeowners Insurance , the policy must be purchased by the homeowner and the mortgage company must be listed as the Mortgage Loss Payee ; copies of all documents will be mailed to the mortgage company including invoices . If a homeowner does not purchase home insurance , the mortgage contract allows the mortgage company to place ` Forced Insurance ' on the property and charge the surcharged premium to the mortgage account ; this is not in the interest of the homeowner and should be avoided in the interest of premium amount and coverage afforded . There is a link providing an online format to obtain a quote and buy home insurance online in multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: How Is A Life Insurance Premium Calculated?

Output: Life insurance mortality costs are determined by several factors : gender , age , smoking status , health classification . The cost is established by actuaries who use established industry tables like the current 2001 CSO . It 's the law of large numbers versus the odds of dying . Of course pricing models are very sophisticated and this is an over simplified explanation .


Input: When Does Long Term Disability Insurance End?

Output: As Steve said , the best disability insurance policies end at age 65 or 67 . However , depending on whether or not you have any pre-existing health conditions or what your job is , your policy may only have a 5 or 10 year benefit period . That means , if you were to become disabled at age 35 and only had a ten year benefit period , your payments would n't pay past age 45 .


Input: When Does Long Term Disability Insurance End?

Output: Long term disability insurance generally ends at age 65 . Some specialty disability carriers extend coverage longer . You should maintain coverage until you retire or turn age 65 . Long term disability insurance is an important part of defensive financial planning . Some call it paycheck protection . Disability insurance is the most neglected coverage in defensive planning by advisers .


Input: How To Write A Letter To Cancel Life Insurance?

Output: That is a great question ! Just a couple of quick things first - you do realize that cancelling it means that there will be no protection , should the insured pass ? Please make sure that you have an in-force policy in place before cancelling this one . If it is a question of money , you might consider borrowing from the policy , if it has a cash value , and all you need is something to get you over a hump ; or reducing the face amount to lower the monthly premium . Both of these options will allow you to keep the policy , while helping your cash flow . Now , if you are sure that you want to cancel the policy , you will first want to contact your agent and find out if there is a cash value , if so , how much it is , and if there is a surrender fee . -LRB- if you just cancel , they may not be inclined to give you that money -RRB- If you have a whole life policy , and have had it for awhile , it can be a good amount . If there is one , then write the company , and tell them that you would like to surrender policy number xxxxxxxx , effective as of xxxxxxxx . You must be the owner of the policy to do this . If it is just a term policy , or a policy with no cash value , you can save yourself the stamp , contact the bank and cancel the monthly draft by the insurance company , and let it lapse , after a 30-60 day period , it will end on its own . If you need help , contact me , okay , I 'd be happy to help . Thanks for asking !


Input: How To Write A Letter To Cancel Life Insurance?

Output: If you are considering cancelling your life insurance , I would strongly suggest calling the company . They will mail , email , or fax your a form that you can use . More importantly , they may give you some options so that you can keep at least part of your death benefit without paying any more premiums . I have heard from many people that customer service reps for life insurance companies can be confusing , so do n't hesitate to drop me an email or give me a ring if you are unsure what they are talking about .


Input: Should I Sign Up For Disability Insurance?

Output: If you are offered Disability Insurance through your work , yes , sign up for it ! You will most likely be paying a reasonable premium and have some income to pay your bills if you are unable to perform your job for an extended period of time due to illness or injury . If you are not offered Disability Insurance through your work , I recommend purchasing a long term disability insurance plan . One of the most common hardships I see in my job is people having to go on Social Security Disability due to MS , heart disease , cancer , or other health conditions . Not only do they face a pile of medical bills , they must wait many months without any income until they are approved for SSDI . With a private plan , they could be drawing their benefit much quicker , and the payments are greater than you get with SSDI . In fact , a private plan will supplement the SSDI to provide you with more spending money . Buying Disability Insurance is not cheap , but living without a paycheck for many months can be devastating . My vote would be , sign up for Disability Insurance . If you would like some assistance , I can help you find the most reasonable price from many companies .


Input: Should I Sign Up For Disability Insurance?

Output: I always say yes because it 's a very important type of coverage to have that many do n't think about . The way I look at disability insurance is it protects one of your greatest assets - your ability to work . If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the coverage is the DEFINITION OF DISABILITY . Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the MOST favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the worst definition as you must meet more requirements than a true own occupation or modified own occupation to receive a benefit payout . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . If you have disability insurance with the gainful occupation definition , I would suggest replacing it immediately with a true own occupation or modified own occupation policy or at the very least supplement it with a policy that features a stronger definition -LRB- I would highly recommend one with the true own occupation definition -RRB- . If you 're going to buy/have disability insurance , it 's not something you want to be cheap about . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own . This is a type of coverage you should consult with an experienced independent disability insurance broker about . Factors such as your occupation class , your income level , the state you live in , your medical history , your age , your desired benefit amount and benefit period , if you want cost of living adjustment riders , and other factors all impact your policy 's structure and premiums . In short , they 're very customizable , I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: Where To Shop For Life Insurance?

Output: There are many websites on the internet that allow you to shop for Term Life Insurance quotes while having good health . There are far fewer that show you quotes if you have diabetes , MS , overweight , etc. . Looking at these quote engines is a good place to start , because you can experiment to see what different types of policies cost . It is important to then talk to a representative from that website to make sure to get a policy for which you qualify . Look at the credentials and testimonials on a website , the `` About Us '' tab , and the information presented , to be sure you are working with quality professionals . Or , ask around for referrals from coworkers , friends , and relatives . When people have a good experience buying life insurance , they are happy to share it .


Input: How Much Does Insurance Pay On A Totaled Car?

Output: The amount that you would normally get would be the value of the car which is based off of NADA or Kelly blue book ora close values based off of the either one of those sites . Claims adjusters have guidelines they have to follow to determine the value and the value is what the current market for that type of auto and the condition it was in prior to the accident .


Input: Why Do Mortgage Lenders Require Homeowners Insurance?

Output: When a financial institution pays off the previous owner of your house , they have an investment to protect . After all , it was the lender 's money that allowed you to `` own '' your house . As a result of the lender paying on your behalf , there is a conditional pledge of the property to the bank or lender for your obligation to repay the debt . If something were to happen to the house such as a fire , the value of the house would be significantly impaired and the lender could be left without re-payment of the loan and no house to sell due to the damage . Therefore , the lender is seeking assurance that if there is damage to the house in which he has a financial interest , he can recover his investment .


Input: Why Do Mortgage Lenders Require Homeowners Insurance?

Output: The home is the item that is pledged to secure the loan . The mortgage company has an interest in that property until the mortgage has been fully discharged . Their interests are limited to the amount owed . Should the property be destroyed their interest would be served first . If the property is only partially destroyed they would want the house restored to retain its value .


Input: Can Car Insurance Companies Drug Test?

Output: The state insurance commissioner and the state legislature set the rules governing an insurance company that operates in your state . In California we do not do routine drug testing for auto insurance . It is possible that some state might .


Input: What Is A Retirement Plan Master Trust?

Output: Many employer sponsored retirement plan engage the use of a bank , investment house or other qualified plan administrator . Qualified plans must be filed with the DOL -LRB- Dept of Labor -RRB- and IRS and approved before they can be implemented . It is more economical to use a pre-filed and approved plan document such is available through a master trust used by your plan administrator .


Input: How Much Is Health Insurance For A Child?

Output: Of course it depends on which State you are in but generally speaking it ranges from $ 82 up to $ 140 for a robust plan . If you want specific features on your plan such as low deductible or Max Out of Pocket , Vision included or alternative care options plans will be more expensive . Depending on income your kids might qualify for a State/Federal subsidized plan , even if you do not . Remember that the pre-condition exclusion has been lifted so ANYONE can get on a health plan with no regards to the condition of their health . With ACA in place you need to check to make sure that the plan you choose has an embedded Dental plan , or purchase one separately to avoid the new fines . All kids must be enrolled on an ACA qualified Pediatric Dental plan or parents will have to pay a fine . Check with a local Insurance Agent in your State to get exact rates and benefit summaries .


Input: How Are Roth IRA Distributions Taxed?

Output: Distributions after age 59.5 on contracts held more than five years are received income tax free . If the distribution is to a beneficiary , it is also income tax free . Under some circumstances the value might be included in an estate tax computation . The basic idea is that the Roth is returning principal that comes from after tax dollars and is not taxable . The interest is merely not charged .


Input: How Much Is Life Insurance For A 20 Year Old?

Output: Life insurance for a 20 year old is typically going to feature very low rates assuming he/she is in decent health . Unfortunately , there 's too many factors that go into premium pricing to say what an average plan costs . The risk classification is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Also affecting the premium for a policy is your age , how much coverage you want/need , and how long you want to guarantee it for -LRB- term or permanent -RRB- . Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . It 's always advisable to consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . I hope the information is helpful - please feel free to contact me for help and if you have any questions . Thanks very much .


Input: How Much Is Life Insurance For A 20 Year Old?

Output: Life insurance for a 20 year old will be very inexpensive . How much exactly will depend on what type and what company . An independent life insurance broker , who represents several companies will be able to help you find the right policy at the right price . Since there are to many variable to give you a quote out of the blue , to get a point of reference you could check with a online quoting service . 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: How Much Is Life Insurance For A 20 Year Old?

Output: The age of a person is n't as important as their financial situation . It 's assumed that younger people do n't `` need '' as much life insurance or maybe none at all because they may not yet have a family and their income is n't as large . A good question to ask a 20 year old is whether they think they will have a family down the road . It might make sense to get a life insurance program started with low cost term insurance that can be built on later .


Input: How Much Is Life Insurance For A 20 Year Old?

Output: Get it now . It will only go up . It can be very inexpensive , but more importantly , it will only get higher in price as you get older . Protect yourself from becoming uninsurable if you develop any illness like diabetes . The rates on permanent insurance will be guaranteed never to go up . And think of the equity you will build up from which you can later borrow . Thank you . GARY LANE .


Input: How Is Medicare System Funded?

Output: That is an excellent question ! The Medicare system is funded by two trust funds . The first , the Hospital Insurance Trust Fund , is made up of payroll taxes , Medicare A premiums from those who do n't get it free , and investment income . The second , the Supplemental Medical Insurance Trust fund is made up of Government grants , the premiums paid in forMedicare part B , and investment income . Unless the cuts to the administrative overhead and fraud recaptures are what the Affordable Care Act -LRB- Obamacare -RRB- expects them to be , because of the trust fund raiding and cuts that Congress has done over the years , the trusts are expected to go dry in 2024 . With the money captured by the ACA , the trusts are solvent to 2029 . Either way , there needs to be a change , as nearly 10,000 Americans become eligible for Medicare benefits every day , and the trusts are too depleted to support the costs . Thanks for asking !


Input: How Is Medicare System Funded?

Output: The Medicare system is funded by deductions from your payroll . So in large part , we have all paid into the system throughout our working careers . If your spouse did n't work , he/she is eligible anyway since you contributed . If you did not contribute , you can pay for Medicare or purchase insurance through the state or federal exchanges . Note : You still have to pay $ 105/mo for Part B when you go onto Medicare .


Input: How Do Medicare Deductibles Work?

Output: A deductible is the amount you must pay before your benefits `` kick in '' and begin paying -LRB- for most services - some benefits , such as preventive care , provide coverage immediately -RRB- . The Medicare Part A deductible for 2014 is $ 1,216 ; The Medicare Part B deductible for 2014 is $ 147 . After you 've met the deductible , you will still be responsible for coinsurance and copayments for many healthcare services . Original Medicare -LRB- Medicare Part A & Part B -RRB- only covers approximately 80 % of your healthcare expenses . A Medigap plan -LRB- a.k.a. Medicare supplement plan -RRB- is designed to cover all or a portion of the gaps in Original Medicare -LRB- the other 20 % -RRB- . There are 10 plans to choose from - A , B , C , D , F , G , K , L , M , and N. Plans F is the most comprehensive plan , but is generally also the most expensive plan - plans G and N provide very similar benefits but at a lower cost and can be much more suitable to certain individuals . If you 're trying to keep your premiums to a much lower level , there 's also what 's called a `` high-deductible '' plan F that provides the same benefits as the regular plan F , but requires a deductible to be paid first -LRB- $ 2,140 in 2014 -RRB- . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: How Much Insurance Do I Need For A Rental Car?

Output: As a rule of thumb I always recommend you have as much coverage on a rental car as you would the cars you own . Typically , this is not an issue because most agents will automatically put you down for `` non-owned/hired '' autos on your personal policy . This is just an endorsement to your policy that will extend your liability and collision coverage to cars you are legally borrowing or renting . Make sure you check your policy for an endorsement like this . Other options : you can get rental insurance through the car rental agency or your credit card sometimes offers coverage for rental cars , just call the company and ask .


Input: How Fast Can I Get Auto Insurance?

Output: Fairly fast these days . There are always the on line tools that some companies offer hich maksde the purchase of car insurance available 24/7 . However , speaking as an insurance professional , I believe that it is always a good idea to work with a local agent with whom you can speak directly . That person can answer your questions , identify your unique exposures and suggest solutions that best meet your coverage needs as well as your budget .


Input: Should You Have Long Term Care Insurance?

Output: This is a great question , Should you have Long-Term Care Insurance . If you look at the statistics , you have a greater than 50 % chance of needing Long-Term care services which tend to be very expensive . Can you depend on your family to take care of you or are you better off getting a product which gives you the flexibility to pay for the services you need when you need them ? Long-Term Care -LRB- LTC -RRB- Insurance is expensive so be sure to understand what your needs may be and when you the insurance becomes available . There are now many `` hybrid '' products available which provide some LTC at a fraction of the cost but may have limitations . Be sure to talk to your Broker or a Broker who understands the limitations on LTC and any of the `` hybrid '' products .


Input: Should You Have Long Term Care Insurance?

Output: Of course you should , but what about that cost ? It is high for most , but there is a way to get it for free ! Yes free . There is a life insurance policy that provides living benefits for disability , chronic care and terminal care , absolutely FREE . It is from America 's second oldest insurance company . I would love to discuss this new policy with anyone , anywhere . Love to hear from you and to assist you with all the details . You no longer have to pay for that expensive long term care policy , yet feel protected with your own live insurance with these living benefits . Thank you . Gary Lane . 714 422 9616 .


Input: Should You Have Long Term Care Insurance?

Output: That is a great question ! While it is true that at some point the majority of us will need some form of long term care , buying a policy might not be necessary . Many insurers have learned that these policies ate far more profits than they 'd planned , and so they either dropped the policy line altogether , or they scaled back benefits , and raised the prices . In many cases , to the point where they may not really be an affordable option for Elder Citizens . There are insurance policies and annuities that make promises to pay extra for a certain amount of time to cover your LTC needs , but they really need to be looked at carefully , as they often are n't as generous as they first appear . The best solution comes from -LRB- believe it or not -RRB- our Government , that enacted a law in 2006 that went into effect in 2010 that allows for any structured payments -LRB- annuities , 401k payments , etc. -RRB- that are used solely for LTC expenses to be tax free . So it may be that your best option is to fund some retirement accounts , or purchase an annuity or two , and earmark them specifically for that purpose . Depending upon your age , and the amount that you are able to fund , this may be a more affordable option over the long haul , and one that protects your retirement income . It may be beneficial for you to talk this over with a trusted adviser to weigh out which option is best for you . I hope that helps , thanks for asking !


Input: Should You Have Long Term Care Insurance?

Output: Long Term Care Insurance is recommended for those having considerable assets . If you needed to go to a nursing home or assisted living facility , or receive home health care to assist you with your activities of daily living -LRB- dressing , eating , bathing , etc -RRB- , those institutions can go after your savings and investments while you are alive -LRB- if your spouse is alive , he/she can keep half -RRB- , and even take the proceeds from your home after you and your spouse die . If you have very little in the way of assets , long term care insurance is an unnecessary expense . But if you have assets you would like to protect , and can afford the premium , having long term care insurance is an excellent tool in planning your future , preserving your peace of mind , and paying the bills if needed . And a word about life insurance policies with living benefits . I am all in favor of them , but you do need to consider how much is `` enough '' when purchasing life insurance that you may want to use if you can no longer care for yourself . Nursing home costs average nearly $ 80,000 per year , nationally , for a semi-private room . Someone wanting to hire a round the clock caregiver in their home can expect to pay over $ 175,000 per year -LRB- $ 20 per hour -RRB- . It can be expensive to buy a permanent life insurance policy with face amounts large enough to cover even a couple years of care . Just be sure you understand how much of the life insurance face amount is available to you , what triggers it takes to get it , and when you can get it . Then compare it to the price of buying long term care insurance providing comparable benefits .


Input: Is Disability Insurance Worth The Money?

Output: The disability statistics on the average American are significant . The probability is high that you will experience 30 months of disability during your working lifetime . The average America has 90 days of emergency money . Is it worth it ? Go through this basic paragraph below and see for yourself . The first consideration is your health condition to qualify for disability insurance . The next step is to establish earned income . The third is determining the benefit limit for your compensation . Once you are pre-qualified in health , earnings and compensation cap , you should select which tax strategy you qualify for : you can insure up to 60 % of your compensation tax free with nondeductible premiums or insure up to 80 % of your compensation taxable with deductible premiums through a business benefit arrangement .


Input: Does Critical Illness Insurance Cover Arthritis?

Output: Critical Illness Insurance pays a lump sum to someone who is diagnosed with a life threatening illness that has a major impact on their lives . Arthritis generally does not fall into this category , and I am not aware of that condition being list in a critical illness list of covered conditions .


Input: Does Critical Illness Insurance Cover Arthritis?

Output: Some policies may pay for rheumatoid arthritis or psoriatic arthritis but usually wo n't cover the more common osteoarthritis . With over 100 types of arthritis , osteo is the most common form . Arthritis can be debilitating , restrict your movement and ability to function but that does not mean it will qualify under a critical illness plan .


Input: Who Can Take Out Life Insurance On You?

Output: Technically , no one can take out life insurance on you without your knowledge , your permission and your signature . Also , those who desire to take out life insurance on you have to justify the amount , define their relationship to you and establish an insurable interest as your beneficiaries . Life insurance is for beneficiary protection from economic loss in the event of your untimely demise .


Input: Does Term Life Insurance Decrease In Value?

Output: Most people who buy term life insurance are buying level term coverage , meaning the premiums and death benefit remain fixed and guaranteed for a specified number of years -LRB- e.g. 10 , 15 , 20 , 25 , or 30 years -RRB- . Once the initial period of premium guarantee expires , the premiums would change to annual renewable term insurance and increase each year -LRB- based on age -RRB- . Policies with fixed premiums and a decreasing face amount over a specified time period are usually a form of mortgage life insurance . These types of policies are usually offered by banks and credit companies , however , the rates are generally about the same as a traditional level term life insurance policy so you 're not really going to get an added benefit to the mortgage policy . . For that reason , I would recommend locking in a level term policy over a mortgage life policy . I hope the information is helpful - please feel free to contact me for assistance with your coverage , including quotes and poilcy comparisons , and if you have any other questions . Thanks very much .


Input: Does Term Life Insurance Decrease In Value?

Output: It depends on the type of term policy you purchase . The most common are guaranteed level term life which has a steady face amount and premium for a specific period of time , such as 10-20-30 years . Decreasing term is more commonly known as mortgage life or credit life . These policies insure a specific debt which is being repaid . Therefore the longer one lives and repays the debt the lower the face amount of the term life policy . There are certainly other applications to decreasing term life insurance .


Input: Does Term Life Insurance Decrease In Value?

Output: Term Life Insurance does not usually decrease in value . There are some products that will reduce the face amount at the END of the term . But the face amount stays level during the years of the term . It is very difficult to find traditional `` decreasing term '' policies from life insurance companies , where the face amount decreases every year .


Input: How To Buy Long Term Care Insurance For Parents?

Output: The best place to start is with an experienced insurance professional licensed to provide long term care insurance in your state . Your parents would need to consent to the coverage and release of medical information so that they can be underwritten . Long term care insurance underwriting is different from life insurance in that even those with some medical conditions can still obtain coverage . At some point , age and insurability may limit the ability to get coverage anywhere . Speak with an insurance professional for more information specific to your circumstances .


Input: Who Writes Group Long Term Care Insurance?

Output: Group long-term care insurance is written by Genworth and other carriers . Depending on where you live and other factors , you will have different options . Consult a full-time broker in your area for the best information . A part-time insurance rep , a media-related consultant or non-industry-related worker will not provide the time and information you need .


Input: How Do I Get Medicare In New York?

Output: To get Medicare in New York , you must be age 65 and have paid into Social Security taxes for at least 10 years . There are others who can get Medicare under age 65 , including those who have been receiving Social Security Disability for 2 years , or those who have ERD or ALS . To get more detail about eligibility for Medicare in New York and to show you how to sign up for it , go to www.medicare.gov .


Input: What Is Tested For In A Life Insurance Urine Test?

Output: Urine testing can give indications of kidney disease , but kidneys are involved in more than just renal disease . E.g. Protein in the urine can be a sign of uncontrolled diabetes . Urinalysis can evidence hypertension , or show that the applicant is not complying with treatment for hypertension -LRB- i.e. not taking their blood pressure medication as prescribed -RRB- . Urinalysis is also used to help determine whether the applicant uses tobacco or illegal drugs , or abuses drugs or alcohol .


Input: What Is Tested For In A Life Insurance Urine Test?

Output: A life insurance urine test along with a blood test with larger policies are checking for two categories . The first series is looking for drugs , both illegal and prescription to test against medical records for abuse . Underwriting will test for nicotine and cotine , which stays in the system longer than just nicotine for tobacco use . The second set of tests are used to check for diseases like cancer , diabetes , heart disease , blood disorders , kidney disease , etc. . These results are usually compared to the individuals medical records for their risk assessment .


Input: What Is Tested For In A Life Insurance Urine Test?

Output: The carriers are testing for diseases , such as diabetes , and kidney problems . But they are also testing for drug use , but legal and illegal drug use . If someone is taking a prescription drug and does not disclose that , the carriers wants to know , because the prescription would normally be to help a non disclosed illness . They also want to know about illegal use . Thank you . GARY LANE .


Input: What Is Better Term Or Universal Life Insurance?

Output: Any product consideration needs to be suitable for the purchaser . Its no different with term or universal life insurance . If your financial liabilities , future obligations and charitable intent are temporary you should buy term life insurance . If there permanent throughout your life , you should buy guaranteed universal life .


Input: What Is Better Term Or Universal Life Insurance?

Output: Neither product is better than the other . Deciding whether to buy Term or Universal Life Insurance depends on your needs and budget . Universal Life is a permanent policy that works well for passing your estate to heirs , paying funeral costs , or providing funds to a partner or loved one to buy out your share of a business . Term works well to cover a mortgage , get children through college , or other temporary needs that will end someday .


Input: Why Should I Get Universal Life Insurance?

Output: Universal life insurance helps you to maximize your death benefit and minimize your premium for your permanent life insurance coverage . The emphasis of the coverage is placed on the death benefit -LRB- as opposed to the cash value like in whole life insurance -RRB- allowing you to optimize your dollars . With any permanent program -LRB- with the exception of certain participating whole life policies -RRB- , the carrier takes back any cash value remaining in the policy upon the death of the insured and pays out the death benefit proceeds -LRB- the face amount of the policy -RRB- . If you 're buying permanent coverage for the sole purpose of the death benefit , you want to look at buying aGUARANTEEDUniversal Life policy -LRB- GUL -RRB- . These policies can be structured to keep the premiums remaining fixed and guaranteed for life -LRB- or guarantee them up to a specified age - e.g. 90 , 95 , 100 , or up to 121 -RRB- .


Input: Why Should I Get Universal Life Insurance?

Output: Jason hit the nail on the head . Another reason to get Universal Life is to have one policy that can be adjusted to last the rest of your life . Universal Life is very flexible , allowing you to adjust the premium and face amount whenever you want . These actions can also affect the longevity of the policy and cash value in it . Therefore , as your family 's needs change , you can use your universal life policy to accommodate them .


Input: Why Should I Get Universal Life Insurance?

Output: A universal life policy gives you flexibility that isnt available in other permanent policies . You can alter the premium . This is because the universal life policy transfers the responsibility for providing sufficient reserves to keep the policy in force from the company to you . Many companies provide a separate fund for their universal life policies but it is your premium deposits that determine how long the coverage will last . If you dont deposit sufficient premium dollars in the plan it will terminate .


Input: Can You Be Dropped From Homeowners Insurance?

Output: If an insured becomes an unacceptable risk to a carrier then the carrier may choose to either non-renew a risk or in more severce cases cancel the policy with possibly as little as fourteen days written notice . After you have received notification of non-renewal or cancellation you have some time to seek coverage with another carrier as not to have a lapse in coverage .


Input: What Is Not Covered By Auto Insurance?

Output: Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you . That being said . Below are some of the possible exclusions : A . We do not provide Liability Coverage for any `` insured '' : 1 . Who intentionally causes `` bodily injury '' or `` property damage '' . 2 . For `` property damage '' to property owned or being transported by that `` insured '' . 3 . For `` property damage '' to property : a. Rented to ; b. Used by ; or c . In the care of ; that `` insured '' . This Exclusion -LRB- A. 3 . -RRB- does not apply to `` property damage '' to a residence or private garage . 4 . For `` bodily injury '' to an employee of that `` insured '' during the course of employment . This Exclusion -LRB- A. 4 . -RRB- does not apply to `` bodily injury '' to a domestic employee unless workers compensation benefits are required or available for that domestic employee . 5 . For that `` insureds '' liability arising out of the ownership or operation of a vehicle while it is being used as a public or livery conveyance . This Exclusion -LRB- A. 5 . -RRB- does not apply to a sharethe - expense car pool . 6 . While employed or otherwise engaged in the `` business '' of : a. Selling ; b. Repairing ; c. Servicing ; d. Storing ; or e. Parking ; vehicles designed for use mainly on public highways . This includes road testing and delivery . This Exclusion -LRB- A. 6 . -RRB- does not apply to the ownership , maintenance or use of `` your covered auto '' by : a. You ; b. Any `` family member '' ; or c. Any partner , agent or employee of you or any `` family member '' . 7 . Maintaining or using any vehicle while that `` insured '' is employed or otherwise engaged in any `` business '' -LRB- other than farming or ranching -RRB- not described in Exclusion A. 6 . This Exclusion -LRB- A. 7 . -RRB- does not apply to the maintenance or use of a : a. Private passenger auto ; b. Pickup or van ; or c. `` Trailer '' used with a vehicle described in a. or b. above . 8 . Using a vehicle without a reasonable belief that that `` insured '' is entitled to do so . This Exclusion -LRB- A. 8 . -RRB- does not apply to a `` family member '' using `` your covered auto '' which is owned by you . 9 . For `` bodily injury '' or `` property damage '' for which that `` insured '' : a. Is an insured under a nuclear energy liability policy ; or b. Would be an insured under a nuclear energy liability policy but for its termination upon exhaustion of its limit of liability . A nuclear energy liability policy is a policy issued by any of the following or their successors : a. Nuclear Energy Liability Insurance Association ; b. Mutual Atomic Energy Liability Underwriters ; or c. Nuclear Insurance Association of Canada . B . We do not provide Liability Coverage for the ownership , maintenance or use of : 1 . Any vehicle which : a. Has fewer than four wheels ; or b. Is designed mainly for use off public roads . This Exclusion -LRB- B. 1 . -RRB- does not apply : a . While such vehicle is being used by an `` insured '' in a medical emergency ; b. To any `` trailer '' ; or c. To any non-owned golf cart . 2 . Any vehicle , other than `` your covered auto '' , which is : a. Owned by you ; or b. Furnished or available for your regular use . 3 . Any vehicle , other than `` your covered auto '' , which is : a. Owned by any `` family member '' ; or b. Furnished or available for the regular use of any `` family member '' . Page 4 of 13 ISO Properties , Inc. , 2003 PP 00 01 01 05 However , this Exclusion -LRB- B. 3 . -RRB- does not apply to you while you are maintaining or `` occupying '' any vehicle which is : a. Owned by a `` family member '' ; or b. Furnished or available for the regular use of a `` family member '' . 4 . Any vehicle , located inside a facility designed for racing , for the purpose of : a. Competing in ; or b. Practicing or preparing for ; any prearranged or organized racing or speed contest .


Input: Does Renters Insurance Cover A Broken Laptop?

Output: If the laptop is broken as the result of a covered peril the renters policy will pay to make it whole . The payment will be subject to the deductible and if the computer has depreciated very much your reimbursement might not be significant . If the computer is damaged by negligence or if it simply is running out of gas , then it probably wont be covered at all .


Input: Is Life Insurance Considered Income?

Output: No , life insurance is not usually considered income for income tax purposes . If you receive the death benefit in regular payments rather than a lump sum , the interest only will be considered income . There are some caveats to this , especially with cash value policies . But generally speaking , life insurance is not counted as income .


Input: Is Life Insurance Considered Income?

Output: Life Insurance is an indemnification or protection product . However , permanent cash value life insurance that is designed as a non-modified endowment contract can also generate tax free supplemental income via withdrawals of basis after 15 years * and policy loans of gain as long as the contract is kept in force for the life of the policy insured . -LRB- * The force out rule governs the first 15 years of a life insurance policy , including withdrawals . -RRB-


Input: Can You Get Insurance On A Car With A Salvage Title?

Output: Yes you can get insurance on a vehicle that is a salvage title . Not all insurance carriers treat this the same way . Some do say no , others will only allow liability while some will still let you have full coverage . Contact a local independent agent who can find you the right insurance company to insure your salvage title vehicle .


Input: How To Get Annuities?

Output: It is best to find an Independent Insurance Agent who specializes in Annuities . Rates and features in the annuity market change all the time . And can vary greatly from one company to another . Using an Independent Agent who can shop the market for you will be a great benefit . And will allow you to make a well informed decision . You can even find some annuity experts online now at sites such as fixedannuity4me.com


Input: How To Get Annuities?

Output: You can shop for a local registered representative to see if you are suitable for tax deferred annuities and their deferring crediting methods . You can also go online and shop brokerage outlets that offer a huge inventory of tax deferred annuities . Some of these online firms have support personnel that can walk you through the various policies that may fit your personal financial profile .


Input: How To Get Annuities?

Output: To get annuities , you can look for an annuity broker , or contact a life insurance agency or website that you like . Since annuities are sold by life insurance companies , some life insurance agencies will also offer a variety of annuities . Most annuities sales must be done face to face at some point in the process , so be sure to pick an agency that can travel to where you are , if they are based out of your state .


Input: How Does A Variable Life Insurance Work?

Output: Variable life insurance is an investment in a mutual fund inside life insurance . I sold a lot of it early in my career as what was called a private pension plan . Unfortunately , so many consumers became confused over exactly how to manage this product , the government cracked down and stopped us from using these terms . The thing is , variable life is not really a pension . Its life insurance . Its job is to provide a survivor benefit at the lowest cost possible . Along the way , its nice to grow some cash on a tax-favored basis . If you can grow that cash inside a mutual fund , as opposed to inside the general account of a life insurance company , you might be able to grow a lot of it . But you always have to worry about paying the expenses related to the product . There are mortality costs , admin fees , taxes , and so on . If you dont manage the investment accounts scrupulously , you might end up jeopardizing the survivor benefit . You may end up with a lower benefit than needed . The policy may not sustain a benefit for as long as you want . These are things you need to know as you research the world of life insurance products .


Input: How Does A Variable Life Insurance Work?

Output: How does a variable life policy work ? The portions of the premium that do n't pay expenses or cost of insurance go into the accumulation account within the policy . From this accumulation account the insured chooses different mutual fund investments within the insurance policy . These choices have the potential to preform better than average , average or below average . Great care must be had when deciding on a variable life policy . These are not simply buy and put in a drawer plans . Variable Life policies require review and readjustment/allocation over time . If you do not plan on paying attention to this type of policy , do not choose it .


Input: How To Notify Medicare Of Address Change?

Output: To notify Medicare of an address change , you can call Social Security at 1-800-772-1213 -LRB- TTY 1-800-325-0778 -RRB- . Or you can visit your local Social Security Office and fill out a change of address form there . Finally , you can go to the socialsecurity.gov website and set up or access `` my account '' to make your address change online .


Input: How Much 401K Should I Have At 30?

Output: A lot depends upon when you plan to retire and the standard of living you want to have at that point . However , if it helps some research recently points to a savings rate of about 9 % to 16 % as being a figure that should bring you the retirement you would expect . Please notice that a 401K might be a part but not necessarily that entire savings program .


Input: Does High Cholesterol Really Affect Life Insurance?

Output: High cholesterol can affect life insurance in a few different ways . Is it high , but normal with medication ? Then you just need a carrier who will accept that , and there are a number of them . Is it high , even with medication ? Some people do run naturally run high ; then we have to prove that abnormal is normal for you . That can be done . Is it high , and related to other abnormalities , such as heart disease ? Under those circumstances we need to get details on the composite picture of your health . Even , unfortunately , with serious medical conditions , you could qualify for coverage , and the price could be higher than standard . You would have coverage , and that is the bottom line .


Input: Does High Cholesterol Really Affect Life Insurance?

Output: High cholesterol isnt normal . Standard rates are based upon an assumption that you are normal . There is as great deal of information that can guide an underwriter on how to adjust the premium for the increased risk that your case represents . Some companies have a wider ranger for normal than others and some have done extensive studies on certain health conditions . These companies might be better suited to provide you with life insurance at a reasonable rate .


Input: Does High Cholesterol Really Affect Life Insurance?

Output: Yes , high cholesterol can affect life insurance . It can raise rates , or even cause a decline , if cholesterol is very high . Even more significant than high cholesterol is the ratio of total cholesterol to good cholesterol . To find your ratio , divide your total cholesterol number by your HDL -LRB- `` good '' cholesterol -RRB- number . If your ratio is over 8 , you might want to get on cholesterol lowering medication before applying for a policy .


Input: How Do I Know How Much My Car Insurance Will Be?

Output: The best way to know how much your auto insurance is going to cost , is to request a free online quote . A reputable website -LRB- we 'll be happy to explain that -RRB- can provide free , unbiased information that shows you which insurers offer the lowest rates in your area and how to easily apply for a policy . Once the rate is determined , you are NOT under any obligation toacceptthe offer of the insurer .


Input: Can A Lender Require Credit Life Insurance?

Output: That is a great question ! The lender is going to ask you to have this insurance if they believe there is a reasonable chance that they may not get repaid . This is a common requirement in mortgage lending , for example , when large sums are loaned . As such , it may be a requirement for them to issue you the loan . You can either decline to purchase the insurance , and look for another lender , or if possible , show them proof that you have another way to pay off the loan if needed - like a sizable life insurance policy . It may be cheaper to purchase a decreasing term loan , and show them that , than it would be to purchase their policy . If you would like more details , please contact me . Thanks for asking !


Input: Does Medicare Cover Hospice Room And Board?

Output: You can get Medicare hospice benefits under Part A when you meet all of these conditions : Youre eligible for Medicare Part A -LRB- Hospital Insurance -RRB- . Your doctor and the hospice medical director certify thatyoure terminally ill and have 6 months or less to live if yourillness runs its normal course . You sign a statement choosing hospice care instead of otherMedicare-covered benefits to treat your terminal illness . -LRB- Medicare will still pay for covered benefits for any healthproblems that arent related to your terminal illness . -RRB- You get care from a Medicare-approved hospice program . Hospice care is intended for people with 6 months or less to live if the disease runs its normal course . If you live longer than 6 months , you can still get hospice care , as long as the hospice medical director or other hospice doctor re-certifies that youre terminally ill . Most hospice patients get hospice care in the comfort of their home and with their families . Depending on your condition , you may get hospice care in a Medicare-approved hospice facility , hospital , nursing home , or other long-term care facility . Coverage would include `` room and board '' in this instance .


Input: Does Medicare Cover Hospice Room And Board?

Output: As if January , 2013 , Medicare will cover short term inpatient care -LRB- for pain and symptom management -RRB- and short term respite care -LRB- but a small copayment may need to be made -RRB- . Respite care is to give the caregiver a rest , and is allowed up to 5 days at a time on an occasional basis . In order to qualify for Hospice Benefits as a whole , the patient must be covered by Medicare Part A , been certified terminally ill by the doctor and hospice medical director -LRB- 6 months or less to live -RRB- , sign a form saying that they are choosing Hospice over other covered benefits to treat their terminal illness , and get care from a Medicare-approved hospice program


Input: Does Home Insurance Cover Boiler Replacement?

Output: You should expect that the answer is no , but always call your agent to inquire . Wear & tear is almost always excluded and it you must replace to the boiler due to age there wo n't be any coverage under your homeowner 's policy . If the boiler was damaged by a peril covered under your homeowners policy such as fire or lightning , the answer could be different


Input: Does Home Insurance Cover Boiler Replacement?

Output: Boilers are a specialized form of insurance and include inspection services . The homeowners policy will cover a loss that results from a sudden release of water or steam . The vessel is the issue here and a homeowners policy does not cover the boiler . The same is true of a residential hot water heater . The policy will pay for loss as the result of a failure ; however , it will not replace the appliance .


Input: When Can You Borrow Against Life Insurance?

Output: Assuming you have cash values and the surrender charge provisions allow policy loans during the surrender period , access to cash values are fairly straight forward . Whats not straight forward nor is there any real industry standard in the charges for borrowing your money from your policy . The following current company practice of policy loan charges may be in your contract : -LRB- These are basic explanations . Each policy uses different language to express its provisions -RRB- Zero net cost loans the charging and crediting of the same rate 31 days apart Wash loans the charging and crediting of the same rate 365 day apart Spread loans the charging and crediting of a different rate 365 days apart Direct recognition loans - the charging and crediting of a different rate 365 days apart as well as lower of the dividend credited to borrowed cash values . Participating loans - the charging and crediting of a different rate 365 days apart where the policy earnings are greater than the policy loans .


Input: When Can You Borrow Against Life Insurance?

Output: First off you must have a cash value life insurance plan . It can not be a term life insurance , because those do not accrue cash value . Be sure you have a whole life , universal life , indexed universal life or variable life insurance policy . Typically the first 5 to 7 years the premiums are used to pay for the cost of insurance . After that period is satisfied , the policy will accumulate cash value which you may borrow . Locate the illustrations page of your policy to see the cash value amounts .


Input: How Do You Qualify For Medicare A?

Output: You qualify for Part A by working for 40 quarters and contributing to the Social Security program . If you do not have 40 quarters you will be allowed to make payments to social security in order to obtain Part A . In the case of a spouse drawing social security benefits under he deceased husband 's benefit then she qualifies for Part A under his benefit


Input: How Do You Qualify For Medicare A?

Output: Most people qualify for Medicare Part A when they turn age 65 . There is usually no monthly premium for Part A assuming you or your spouse worked and paid Medicare taxes . If you 're already getting Social Security or Railroad Retirement benefits you will be automatically enrolled the first day of the month you turn 65 . If you are not collecting benefits yet you can enroll for Part A 3 months prior to turning 65 by calling Social Security or visiting socialsecurity.gov / retirement . If you are under 65 , disabled and have been getting Social Security benefits for 24 months you will automatically get Part A & B . If you have ALS or End-Stage Renal Disease you can also get Part A & B .


Input: Is Life Insurance Considered Personal Property?

Output: Life insurance is considered intangible personal property , in that a life insurance policy is evidence of a value of money . However , if the beneficiary of a life insurance policy is a person , the life insurance proceeds do not go through probate . Thus , the life insurance benefit is considered non-probate property .


Input: Does Homeowners Insurance Cover Mobile Phones?

Output: Up to seventy-five percent of the total coverage amount of a homeowners policy is typically dedicated to personal property up to the policy limits less your policy deductible . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Does Homeowners Insurance Cover Paint Spilled On Carpet?

Output: Homeowners insurance is designed to cover sudden and accidental losses and spilling paint on the carpet is a covered loss . Talk to your agent first to see what your deductible is and then you can decide if it makes sense to file a claim . If your deductible is $ 1,000 and the cost for new carpet is $ 1,200 it 's probably not worth filing a claim .


Input: Is SSN Required For Auto Insurance?

Output: Depending on your state , most insurance companies use credit as a rating factor . The better your credit the better your insurance rate . If you own your home and have lived there for a year or more insurance companies can get a soft hit on your credit report without your social security number . You will need to provide this information in order to purchase the policy but if you just want a quote it is not required .


Input: Can I View Medicare Claims Online?

Output: Once you register at mymedicare.gov you can review your benefits and claims filed with Medicare . This only applies to those with original Medicare . If you have a Medicare Advantage plan you will use your carriers site to review claims . If you have original Medicare and a supplement you can see which claims have been adjudicated and passed on to your Medigap carrier .


Input: Who Should I Sell Life Insurance To?

Output: You should sell life insurance to those potential policy owners who are suitable for the specific product line of life insurance . Life insurance addresses three main financial planning aspects : indemnification , income and inheritance . People who have financial liabilities , future obligations and who desire to make a difference in the world should explore the tax advantaged leverage of life insurance to protect their families and business partners .


Input: Which Health Insurance Covers Viagra?

Output: As long as the physician writing your prescribing deems your need to be medically necessary , most insurance companies will cover this medication . Several other erectile dysfunction drugs are also covered by most plans , as are vacuum devices and implants , as long as they are medically necessary , something that would normally be the result of a disease or side effect of surgery .


Input: What Is An Immediate Variable Annuity?

Output: In Canada , an immediate variable annuity refers to an annuity where all or part of the income received is dependent on the performance of an equity unit . Often , this is an index like the S&P 500 or it could be based on the performance of a particular investment fund . This type of annuity can form an important component in a retirement income plan . The plans and options can vary from company to company . An independent life insurance broker , representing several companies , could help you find the right product at the right price . If you have further questions , or if you fell that i could be of assistance , please do not hesitate to contact me .


Input: Does Primerica Have Good Life Insurance?

Output: As Professionals working in the Financial & Insurance Markets , we do not like to say bad about any company as they all serve a purpose to provide Financial Stability to families at times of hardship meaning in many cases death . Every company has a `` niche '' which they are most competitive with . Nearly all Life Insurance companies have a term portfolio however some companies are less expensive than others . This works for all Life products . If you are looking to market Primerica products the best I can tell you is to do your homework to see if that environment works for you . If you are looking to purchase life insurance , I would recommend you compare with other companies as well , apples to apples to make sure you are getting the value you are looking for . Good Luck .


Input: What Does Medicare Pay For An MRI?

Output: Yes , as long as it is for an approved health problem and deemed medically necessary . This would be covered under Medicare Part B and will be paid at 80 % of the approved amount . Medicare pays for any Medically necessary testing , such as blood work , X Rays , Cat Scans , and a lot of other issues . Some preventative tests are covered at 100 %


Input: What Does Medicare Pay For An MRI?

Output: There are a couple of sources you can use to find out how much Medicare will pay for a procedure such as an MRI -LRB- magnetic resonance imaging -RRB- . A good starting point is healthcarebluebook dot com and search for MRI -LRB- or any other procedure -RRB- . Another is to `` Google '' Medicare DRG rates or Medicare payment schedule .


Input: Does Vanguard Have Life Insurance?

Output: Assuming you mean Vanguard Group , the mutual fund company , the answer is no . They dont manufacture life insurance products . They outsource their life insurance inquiries from their customers and prospects . However , there is a small foreign company Vanguard Assurance , domiciled in Ghana that offers life insurance , banking and other financial services .


Input: Does Vanguard Have Life Insurance?

Output: Vanguard works with other life insurance companies to provide life insurance to their customers . . The Vanguard Group , Inc sold Term life insurance for several years but ended that endeavor in late 2004 . To read more about what Vanguard offers , visit their website WEBSITELINK .


Input: Will Medicare Pay For Zostavax?

Output: No . Zostavax is for the shingles vaccine shot and is not covered by Medicare Part A or Part B. Vaccine shots are covered under Part D prescription drug plans . You can use the plan finder tool on the Medicare.gov website to see what plans in your area will cover the vaccine shot .


Input: Can I Get Life Insurance Without A Social Security Number?

Output: Technically , it may be possible to get a life insurance policy without a Social Security Number , but it is required on the applications of the companies we use . The Patriot Act made it important to verify the identity of our clients , and obtaining a Social Security Number is a legal way of doing that when applying for life insurance .


Input: How Long Can You Stay On Your Parents Car Insurance?

Output: In most cases , as long as the cars are in your parents name and your parents want to continue to assume liability for your actions you can stay on your parents policy . Some carriers will start to question why a child is still on a policy if the child become older , say in their 30 's but it is still doable . There comes a time when parents make the call as they feel their child should be responsible enough to be on their own and not continue to place liability on the parents .


Input: How Are Self Driving Cars Going To Impact Auto Insurance?

Output: The jury , as they say , is out on this one . We do n't really have any viable examples of these things in regular use on the roads so insurance companies and their actuaries do n't really have any data to measure . Anything offered on this subject it purely specuation at this point .


Input: How Are Self Driving Cars Going To Impact Auto Insurance?

Output: Dont forget that insurance is a pooling of risk and that it is measurable . While this is certainly beyond my area of expertise , auto insurance premiums are always developed by experience . If these self-driving cars become available insurance companies will make preliminary estimates and will issue policies based upon those estimates . As experience develops they will adjust rates to reflect the actual cost of insuring the vehicles .


Input: Who Pays For Renters Insurance?

Output: Great question ! The renters policy can be owned by one person who pays for it , or it can be owned by one person , and paid for by another . The policy will only cover those who are named on it , and the company will not care overly much where the money comes from , as long as it comes . If I can help in any way , please feel free to contact me . Thanks for asking !


Input: Who Pays For Renters Insurance?

Output: The landlord doesnt have any obligation regarding the personal property of a tenant . The landlord is not responsible for anyone injured on the premises . The tenant is responsible for bodily injury and physical damage that occurs on the rented premises . The tenant is responsible for any property damage that might occur to the rented unit . Regardless of the cause , the tenant is responsible for any personal property damaged at the premises . The renters policy provides the protection that the tenant requires . The tenant pays the premium .


Input: Who Pays For Renters Insurance?

Output: A renters policy is purchased and owned by you in order to protect your personal belongings and financial exposure . You are both the named insured and the payer for that policy . Talk to your Insurance Professional about the options that best meet your needs and suit your budget and do n't forget to ask about any available money saving discounts .


Input: How To Switch Medigap Plans?

Output: You can apply for a new Medigap plan at any point during the year . People often change their Medigap plans for a number of reasons , the most common being : You want to reduce your expenses by securing a lower premium from a policy with the same benefits -LRB- purchasing a Plan F with company B and dropping the existing Plan F with company A -RRB- . - this is the most common reason why people change their Medigap plans . Medigap plans are standardized so the coverage under a plan F is the same regardless of the company it 's through . So often people want to look at lowering their premiums when their policy gets hit with a rate increase . You may not need/want all of the benefits you 're paying for or you need/want more benefits than you have under your existing plan . Please note , if you do not have a guaranteed-issue right to purchase a Medigap plan without any medical underwriting , you would have to answer the health questions on the application . Medigap plans are guaranteed renewable . So in the event you could not medically qualify for coverage under a new Medigap plan , you always have the option of keeping what you have . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: How To Switch Medigap Plans?

Output: Switching your Medigap plan is quite simple and can be made at any time during the year . Once you are outside of your initial enrollment period -LRB- for most it ends 6 months after you sign up for Medicare Part B -RRB- you can enroll in a Medigap plan at any time . In most states you will need to provide proof you are insurable , but this can be verified by a phone call to a Medicare insurance broker in 2 minutes or less .


Input: What Is The Best Kind Of Health Insurance?

Output: The best kind of health insurance is the kind that is best for you . There 's a difference between the most comprehensive coverage and what is most suitable -LRB- or `` best '' -RRB- for you . Under the new Affordable Care Act , there are four main benefit levels - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or were fired , you lose the coverage . An individual plan will stay with you wherever you go .


Input: Will Disability Insurance Pay For Maternity Leave?

Output: Group Short Term Disability policies will usually pay for maternity leave . There is normally a waiting period of about 12 months so that the pregnancy is not a `` pre-existing condition '' . Unfortunately , private Short Term Disability policies not pay for maternity leave unless there are complications with the delivery or recovery .


Input: Will Disability Insurance Pay For Maternity Leave?

Output: There is an important distinction worth noting . Private policies sold directly to individuals do not cover normal childbirth . Complications and postpartum disorders may be covered as Peggy noted . There are individual policies sold through employer groups that do cover normal childbirth . The policies are employee owned and paid via payroll deduction . Employers are not required to make a contribution , and participation requirements are nominal .


Input: What Should I Expect To Pay For Disability Insurance?

Output: The cost is completely different for every person . Your premium will be determined by the type of policy you have , including the benefit amount , the elimination period , the different riders , the benefit period , etc. . If you really have a set limit , it 's possible your agent can use that number to determine the amount of coverage you could receive for a specified premium amount . But truly , depending on the person , your annual premium could range from $ 200 to $ 10,000 .


Input: What Should I Expect To Pay For Disability Insurance?

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


Input: When Does Life Insurance Kick In?

Output: This is a good question . Do you mean when the benefits are paid out ? For whole life , they build cash value over time that you can borrow against while you are living . Traditional term pays out after death , however there are term policies that pay you back all the premiums after the term is up .


Input: Can I Open A Life Insurance Policy On My Mother?

Output: You can purchase a life insurance policy on anyone that you can establish insurable interest , justify the amount of coverage by establishing the financial loss you would suffer by the death of your mother . In general terms , blood relatives are strong considerations for insureds as well as primary beneficiaries .


Input: Can I Open A Life Insurance Policy On My Mother?

Output: You can open a life insurance policy on your mother if you have an insurable interest . That is , the insurance carrier must feel that you have a sound financial reason that a policy should be taken out and the beneficiary has a legitimate reason to benefit by her death . If these conditions are met , then a full-time broker can easily review your best options .


Input: What Does A Paid Up Life Insurance Policy Mean?

Output: Great question ! Paid up means exactly what it sounds like . You do n't have to make any more payments on it . That is an excellent position to be in , because you now have your policy , and can use the money that you had been paying for the policy on something else.If you have any more questions , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: What Does A Paid Up Life Insurance Policy Mean?

Output: To get a paid up life policy , you would normally pay more than the normal premium for a few years , resulting in no further premiums being ever due on a Whole Life Policy . One product which New York Life specializes in that does this is called Custom Whole Life , which is frequently bought by Grandparents to protect their Grand Children for the entire life of that grandchild . What a Gift ! Sure beats toys . The proceeds can even be used to help fund a college education , when a loan is taken out on the policy for that purpose . Talk with a qualified agent . Gary Lane , Registered Representative and Agent , New York Life . 949 797 2424 . Thank you .


Input: What Does A Paid Up Life Insurance Policy Mean?

Output: A paid up life insurance policy means that your policy needs no more premiums to stay in effect . You can quit paying on it , but you still have a life insurance policy . It is one of the advantages of permanent insurance to be able to `` pay it up '' and be done with payments .


Input: What Does A Paid Up Life Insurance Policy Mean?

Output: Paid up life-insurance means you dont make anymore payments on the policy . You still get the coverage , but you no longer have to pay for it . But heres the question : suppose you wanted to keep paying ? Why wouldnt the insurance company allow you to do so ? I mean , some of these permanent insurance policies can get very cash rich . Whole life policies can pay some pretty hefty dividends . Universal life policies can apply a pretty decent interest rate . As I am sure you have heard , there can be some great tax advantages to accumulating wealth inside life insurance : tax-deferred accumulation , and , under the right circumstances , tax-free distributions . So why wouldnt an insurance company just let you go for it ? A number of decades ago , they did . People were taking out policies with face amounts of $ 50,000 or $ 100,000 , but putting huge amounts of cash into them . Huge amounts . They really milked the tax advantages of the product . Of course , the IRS got wise to this and imposed certain rules . These rules limit the amount of money that can grow inside these policies and still avoid taxation . You can exceed this limit , but then you get a tax bill . From this point of view , paid up means if you put more cash into the policy , you could create a taxable event . It also means something else , in consideration of the expenses of the policy . Lets say you take out a universal life product with a guarantee to age 100 . This means that given the proper payment schedule , both the premium and the death benefit will be guaranteed to a age 100 . The emphasis is on the payment schedule . If you meet it , then no more payments would be required to secure those guarantees . It would be paid up . Whats interesting here is that , depending on the product , a lot of flexibility exists for designing a payment schedule . You can have continuous pay and simply pay the lowest amount required annually . You could have a single pay in which just one payment in the first year will get you what you want . You could have a 10 pay , which means you just pay for 10 years - and still get the guarantees . You could have 20 pay . And so on . Depending on your cash flow and other factors , you could pay up your policy with any number of strategies . And then you simply would not have to worry about paying for your life insurance , even though you would have the coverage for as long as you need . Want to keep learning ? Read my blog : planrisklive.com


Input: Does Medicare Cover Xarelto?

Output: Xarelto is a prescription medication used to prevent blood clotting . The most common use is in patients with DVT -LRB- deep vein thrombosis -RRB- . Patients with atrial fibrillation -LRB- A-fib -RRB- may also benefit from regular use of Xarelto . Your doctor must provide a diagnosis , and state that other forms of treatment have not proven effective . Xarelto is a Part D medication .


Input: What Kind Of Insurance Do You Get With Disability?

Output: When you purchase Disability Insurance , you get a policy that pays you monthly , as you would have received your paycheck in the past , if you become disabled . If you are already disabled and looking for insurance , you will not be able to purchase Disability Insurance . But you can purchase Life Insurance . The type of Life Insurance depends on the cause and extent of your disability . Give an impaired risk life insurance agent a call to see what options are available . to you .


Input: How Much Does Health Insurance Cost For A 60 Year Old?

Output: This really depends on where you are located and if there are any health issues . While this would affect the rate in 2013 , with Healthcare reform starting in 2014 , health issues will no longer be considered . I would advise seeking out a broker who represents a number of companies and having them shop your rates . Remember , the initial rates are quotes . Your final rate is determined once you have been underwritten by the plan , at least until 2014 .


Input: How Do You Switch Auto Insurance?

Output: Switching auto insurance policies is best accomplished by using an experienced broker and their website . We will initially provide you withe names of the insurers that offer the best prices in your area . Then we mus determine if you can qualify for those rates . After explaining the specific coverages and comparing these benefits to your current policy , you can apply for the new policy . This can be done online or through a paper application . It 's important to keep your current policy active until you are approved . This protects you in case the rate is different than initially anticipated . We 're helping you every step of the way so you 're ensured of receiving quality care .


Input: What Is Medicare Type C?

Output: Medicare Part C , also called Medicare Advantage is a product that was developed originally back in the 90 's -LRB- called Medicare + Choice -RRB- to help cut costs for Medicare . It was overhauled in 2003 to the product that now exists . Medicare Advantage plans combine the benefits of Medicare Part A and Part B into a single program operated by a private insurance company . The funds for this program come from Part A and B premiums and often an additional premium from the patient . It is structured like most commercial plans with a copay or coinsurance for different types of visits , a maximum out of pocket expense , etc. . . Some plans do not have prescription benefits . These are called MA plans . Others , MAPD plans , have a prescription plan built in . Talk to a local insurance agent to find out if Medicare Part C is the best option for you .


Input: What Is Medicare Type C?

Output: I believe you 're referring to Medicare Part C . This is commonly known as Medicare Advantage and are purchased through private health insurance companies -LRB- e.g. Humana , United Healthcare , Aetna , etc. -RRB- . In short , plans operate similarly to traditional individual health plans for the under 65 market -LRB- e.g. having deductibles , copayments , coinsurance , max OOPs , etc. -RRB- . If you want to secure prescription coverage with an MA plan , you would want to look at MAPD plans -LRB- Medicare Advantage Prescription Drug plan -RRB- . Before buying an MA plan , it 's important to review the advantages and restrictions of this type of coverage and compare it to the costs and structures available through a Medigap plan and/or stand-alone Part D prescription plan . Everyone 's needs and budgets are different and therefore each type of program structure may be more suitable for one person than another . Consult with an experienced senior health insurance broker who can compare these options with you and help you figure out which program will be most suitable for your needs . Please feel free to contact me for help . Thanks very much .


Input: Can I transfer my aetna health insurance plan to arizona aetna plan?

Output: I ca n't tell from your questionif your coverage is on an individual policy with AETNA or a group policy , that might have some bearing on the answer . If you are on a group policy it is possible that you could continue your current plan for sometime under the provisions of the COBRA law . If you are covered under an individual AETNA policy then there will almost certainly be issues . You will need to check with AETNA 's customer service unit to be sure about what the portability provisions are on your policy , but my take on the individual situation is that health insurance , especially individual health insurance , is regulated at the state level . AETNA is available in the individual marketplaces of both New York and Arizona . But , an AETNA policy approved in New York may not be the same as an AETNA policy approved for sale in Arizona . The ratesand network will also almost certainly change . So , taking your New York policy with you may not be simple or even possible . New York has a reputation for doing things their own way and this is especially true in the insurance business . You can certainly stay with AETNA when you move to Arizona but I would anticipate that they will want to enroll you in an AETNA individual policy approved for residents of Arizona that will then also be an ObamaCare compliant plan . With relocation out of state being involved , I think it is unlikely you will be able to continue your grandfathered plan -LRB- I hope I 'm wrong for your sake -RRB- . A move like yours is explicitly listed in the Affordable Care Act as one of the `` change of life status '' events that qualifies you to enroll in ObamaCare outside of open enrollment . You 'll have 60-days to enroll from the date your existing coverage might cease .


Input: Does The National Guard Have Health Insurance?

Output: Members of the National Guard have access to inexpensive health insurance through the military 's Tricare system that combines the health resources of the military with networks of civilian health care professionals , institutions , pharmacies and suppliers to provide affordable access to high-quality health care services around the world . While it can be a major money-saving benefit for military families , it 's a very complex system with countless terms and conditions . If you are eligible , you should take time to understand their eligibility and enroll in the plan that best meets your needs .


Input: Where Can I Buy Long Term Disability Insurance?

Output: There are basically three distribution channels that sell disability insurance : Career , brokerage and carrier direct . Carrier direct and career distribution generally promotes its own manufactured proprietary product line . Brokerage distribution generally carries the more competitive disability insurance products and maintains a relatively neutral sales position , i.e. best company for the client .


Input: Where Can I Buy Long Term Disability Insurance?

Output: There are a number of disability insurance companies out there such as Guardian , MetLife , Mutual of Omaha , Principal , and Standard , just to name a few . The cost of disability insurance depends on a number of factors including your age , medical history , your job , and your income level . Disability policies are very customizable as they feature a number of riders and other options that can affect the premium for the policy . This is a very important type of coverage to have that many do n't think about and not something you want to be cheap about . It protects one of your greatest assets - your ability to work.If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the policy structure is theDEFINITION OF DISABILITY.Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Does Home Insurance Cover Sump Pump?

Output: Your sump pump is covered under your homeowner 's insurance as long as it is a listed peril -LRB- or all-risk -RRB- . Of course wear and tear to the sump pump is not covered . Water back-up is a popular rider that can be added to many home policies and you can check with your broker about details .


Input: What Is An Accelerated Death Benefit On Life Insurance?

Output: The accelerated benefit is a premium free rider on practically all term and permanent plans . This rider allows policyholders with a terminal illness , usually 12 to 24 months of life expectancy to receive a percentage of the face amount of their policy usually 50 % or higher to deal with end of life expenses . This is very common in the US since the 1980s Aids epidemic . During this period Viatical Life Settlement companies were out of control buying Aids patients policies for pennies on the dollar so the patients could use the money for medicine and experimental procedures still excluded under most health insurance plans . To slow this practice down life insurance companies started adding the accelerated death benefit to accomplish the same thing at a better rate than the Viatical companies were paying . It is now very common on all plans .


Input: What Is An Accelerated Death Benefit On Life Insurance?

Output: Great Question ! It is a rider on your whole life policy that for a fee , will allow you to take a portion of your death benefit early . It is something that I advise my clients to consider carefully before doing , as there are fees , interest charged on the amount forwarded , and possibly large tax consequences . What you might anticipate receiving may actually be much larger than the sum that you do.If you would like more information , please feel free to contact me . Thanks for asking !


Input: What Is An Accelerated Death Benefit On Life Insurance?

Output: An accelerated death benefit is a rider on life insurance policies -LRB- premium free on just about every policy in the market -RRB- . In short , the rider states that if you became terminally ill , you can get access to a percentage of the life insurance proceeds prior to death to help pay for certain things such as medical bills . The percentage of the face amount allowed and the number of months the carrier will allow for the diagnosis of being terminally ill will vary by company - generally up to 25 % of the face amount and either 6 or 12 months of remaining life expectancy .


Input: Can I Get Auto Insurance With A DUI?

Output: A DUI is certainly a major infraction that will affect both pricing and availablilty of car insurance . In some states , a DUI charge will result in at least a temporary suspention of your driver 's license . It wou dbe very difficult to shop for and obtain car insurance with a suspended license , if not impossible . In a situation like that , if it is a first such offense , usually the state will offer a course that , once completed , will clear your record and reinstate your license . Shoping at that time would be much easier and more successful .


Input: What Is The Cost Of Life Insurance Per Month?

Output: Peggy is correct in her answer you need to talk to an agent to find what is right for you and our budget to make sure it is something that you can afford . Your agent should give you the options on what you need and can afford . There are many options out there so find an agent thet will educate you on the different types of policies and their options such as living benefits , return of premium , disability waivers , shop around every company prices their policies differently .


Input: What Is The Cost Of Life Insurance Per Month?

Output: The cost of life insurance per month will depend on your age , health factors , build , whether or not you smoke , and the type of policy you get . You can get an idea of the cost by looking at a website that offers instant quotes , like ours does . Keep in mind that you will need to share more health details with an agent to get your most accurate quote .


Input: Where Can I Learn About Annuities?

Output: The Wikipedia article is helpful . If you are near me , give me a call . I was speaking to a man this morning who said , Annuities are miracles . They are not . They are a cool idea that solves the problem of having an income for the rest of your life . The complexities of the product arise from the twists and turns that companies have taken to market their annuity . This is really a simple idea !


Input: How Much Life Insurance Do I Need With One Child?

Output: Wow , that 's a tough question . That is going to depend on many factors , such as : whether or not your married , your income , your age and various other factors . To best determine what would be best in your situation contact your local agent and they can explain the pros and cons of the plans that they have to offer allowing you to make a more informed decision .


Input: How Much Life Insurance Do I Need With One Child?

Output: In the culture in which we live , providing living expenses , education and supervision for a minor child in the event that you 're not alive as the primary care giver are stewardship concerns for any parent . Another cultural consideration of financialsignificancein raising a daughter is the funding of her wedding . The coverage period should be from the child 's present age to age 21 . The cost to raise your child should not be a burden on the custodian , so the annual expense ofraisingthat child over the years thatprecedethe child 's 21st birthday may be a minimum of $ 12,000 a year , plus acollegeeducation at a state university around $ 50,000 for four years and $ 25,000 - $ 30,000 for a wedding if cultural norms are maintained.So you could be looking at $ 250,000 - $ 300,000 just to cover a minor child at theminimumfinancialcommitments through graduation and marriage . Now add your final expenses for a funeral and medical bills to all your debts and mortgages . The typical single parent made need an additional $ 400,000 - $ 500,000 to coverage these items . A guaranteed level term policy should be fairlyinexpensive if your a healthy nonsmoker and under the age of 50 . For a realisticquote , feel free to contact steve@thebiz.tv .


Input: How Much Life Insurance Do I Need With One Child?

Output: This calculator can help you determine how much life insurance you need with one child : WEBSITELINK It allows you to put in the age of the child , along with other factors , to give you a suggested amount of life insurance . Or you can estimate what it would cost to raise your child to adulthood , including inflation , and determine how much income would be lost if the insured person were to pass . Then replace that lost income with life insurance .


Input: How Much Life Insurance Do I Need With One Child?

Output: Here is a link to a good life insurance calculator that can help you determine how much life insurance to get with one child , using your own financial and personal details so that it can be applied to your situation . WEBSITELINK alking to an agent would be even more helpful .


Input: How Much Life Insurance Do I Need With One Child?

Output: Here is a good calculator help you figure out how much life insurance you may need with one child . It allows you to enter the age of the child as well as a lot of other factors to give you a more precise life insurance suggestion . WEBSITELINK n general , you need to determine how much it costs to raise your child to adulthood , including inflation , and how much would be lost if the insured 's income was lost . Then try to replace that income with life insurance .


Input: How Much Life Insurance Do I Need With One Child?

Output: Here is a link to a good website calculator that can help you determine how much life insurance to get with one child : WEBSITELINK It takes into account your personal and financial information so that you can arrive at an amount appropriate for your particular situation . Even more helpful would be to talk to a live agent who can ask you the right questions and give different options so that you can find the best choice for you and your child .


Input: Why Am I Getting Charged A Medicare Levy?

Output: A Medicare levy surcharge is levied against taxpayers in Australia who do not take out private hospital insurance , and who earn above a certain income . The Medicare levy is intended to encourage Australian citizens to take our private cover and use the private system to lessen the burden on Medicare .


Input: What Is Future Income Option With Disability Insurance?

Output: Basically the `` future income rider '' on an income disability insurance policy provides for the likely event that your income will increase in the future . Since income disability insurance pays only up to a maximum of 60 % of your income , as your income increases you would naturally want the amount of your coverage to increase correspondingly . Typically the increase is based on a cost of living increase , but there are variables that can be included . Your insurance agent should be able to explain the options available with the rider and how it works .


Input: What Is Future Income Option With Disability Insurance?

Output: If you have the future income option or FPO rider on your policy , be sure to ask your agent to fully explain how the rider works on your particular policy . The provisions vary from carrier to carrier . Some carriers will send you a letter every year asking if you 've increased income , and if you decline to use your FPO after a specified amount of times , they 'll no longer keep the rider on your policy . Other carriers will also let you use your FPO on an `` off anniversary '' if you apply for more coverage within 90 days of receiving a raise .


Input: What Is Future Income Option With Disability Insurance?

Output: The future income option with Disability Insurance is a very popular rider chosen on disability insurance policies . Also , called the `` future increase option '' rider , this feature guarantees that you will be able to purchase additional disability coverage at specified dates in the future . Thus , as your income grows , you can grow your disability coverage without having to go through underwriting and qualify all over again .


Input: Which Is The Best Medicare Part D Plan?

Output: There is no one plan that is best for everyone , which is part of the reason so many are offered . Each and every individual has a different set of needs depending on the prescriptions they take and their budget . Always make sure before enrolling in a Part D plan that your particular drugs are covered , not all plans cover all drugs .


Input: Which Is The Best Medicare Part D Plan?

Output: I recommend you view the Medicare.gov website . In the part D portion it enables you to process your information and determine which of the plans listed best suit your specific needs.Before enrolling look for the difference in monthly premiums and deductibles , and are all of my prescription drugs covered ...


Input: How Do Body Shops Work With Car Insurance?

Output: That is a great question ! Generally , your auto insurance company will have a contract or agreement with a local garage , mechanic , and body shop . They will refer you to them to have your work done . By doing this , they have an agreement with the garages to keep costs under control . Should you choose to use a different mechanic , you are certainly welcome to , but my experience has been that the insurance company is much more difficult to work with . Thanks for asking !


Input: Do I Need Proof Of Insurance To Register A Car In Texas?

Output: That is a great question ! Yes , you will need to have proof of insurance to register your car , and to have it inspected . It must be insurance from here in Texas , so if you show up at the registrar 's office with your current out of State policy , they will turn you away . The car will have to be inspected annually , and current insurance coverage is required to do that also . Thanks for asking !


Input: Do I Need Proof Of Insurance To Register A Car In Texas?

Output: Yes absolutely . The process requires for you to have insurance coverage at the veryleast the state minimums to register a vehicle . Here in Texas those minimums are $ 30,000 per person , $ 60,000 per total accident usually seenon a polciy as30/60split limit liabailty coverage . I would always encourage you to have enough liabililty coverage to protectyour asset base . If your home or total assests areworth around $ 300,000 , consider having a liability amountconsisttant withthis number such as 100/300 . Thanks for your question .


Input: Do I Need Proof Of Insurance To Register A Car In Texas?

Output: Yes , proof of liability insurance is required when registering a vehicle here in Texas . Here are the specific requirements when registering your vehicle - and the instructions indicate - proof of current liability insurance is required . If you register by mail : registration renewal notices are mailed to all registered vehicle owners . To register by mail , send the following to your county tax office : 1 . Renewal notice -LRB- keep the vehicle owners section for your records -RRB- 2 . Proof of current liability insurance 3 . All fees plus $ 1 mail-in fee In you register in person : take your registration renewal notice and proof of current liability insurance to your county or an approved substation . Please also have : 1 . Your license plate number 2 . Vehicle identification number -LRB- VIN -RRB- or 3 . Registration receipt from the previous year


Input: Does Home Insurance Cover Termites?

Output: Homeowners insurance excludes insects and vermin . Terminates and the damage they would cause are not covered under a homeowners insurance policy but fall under maintenance by the homeowner . I highly suggest upon discovery of termites you immediately call a professional to deal with the termites before any further damage can occur to your home .