Input: Can Annuities Offer Competitive Returns?

Output: Great question . It 's one that seems to get annuities or the people that sell them into a little hot water . What is your definition of competitive returns ? Annuities are not designed to compete with market returns . That being said , Fixed Indexed Annuities might , I said might be able to do that . If you want an annuity to keep up with market gains during a long term bull market like we saw from 1982 thru 1999 you wo n't , but if you are looking to keep up with a market situation like we 've seen since 2000 it could . I said could . Annuities are not designed to keep up with the market , but they might . Annuities should be utilized for what they will do not what they might do . I wo n't address Variable Annuities , I am not securities licensed so ca n't answer that end of the equation . Hope this helps .


Input: How Do I Know If I'm Eligible For Medicare?

Output: Do n't confuse Medicare with Medicaid . Medicare as has been stated is an almost automatic eligibility when you turn 65 or are on Social Security Disability . Medicaid is something you have to qualify for . Many people get the two confused . You qualify for Medicaid if you meet certain income and asset requirements . If you are low income , call your Social Security office or the Department of Human Services and ask how to apply . Even if you are not eligible for full Medicaid , there may be other help available , such as extra help with prescription costs .


Input: How Do I Know If I'm Eligible For Medicare?

Output: Most people are automatically eligible for Medicare when they turn age 65 . If you are a US citizen , have lived in the US at least 5 years and have worked in the Social Security system for at least 10 years you are most likely eligible for Medicare . You may also qualify for Medicare if you are under age 65 and meet the definition of Social Security disability .


Input: Can You Borrow Against A Universal Life Insurance Policy?

Output: Yes , you can but be careful . Universal policies have the advantage of lowering your payments . When you borrow against them , the amount remaining to fund the policy is reduced . This may put your policy at risk of being underfunding . This would require you to put money into the policy to keep it functioning . Always consult with your agent when borrowing , so you do not underfund your policy . Thank you . GARY LANE .


Input: Can You Borrow Against A Universal Life Insurance Policy?

Output: That is a great question ! Universal life policies do accumulate a cash value , so yes , you can borrow from it ; if funded correctly , and assuming that investments work out with the promised returns it should be okay to borrow from . However , this kind of policy is a strange kind of animal . It is only guaranteed to last a certain period of time , and then the cash value becomes the premium that you would have had to pay to keep it going . If you borrow from the value , and are n't very careful , you can tank , or shorten , the life of the policy . Please consult with your agent before you borrow , okay ? If you would like more detail , please contact me , and I 'll fill you in . Thanks for asking !


Input: How Does Car Insurance Work When Driving Other Peoples Cars?

Output: -- > Normal 0 I feel its important to add to this discussion that should you be driving someone elses car with their permission and be involved in an accident , the car owners insurance would be primary -LRB- first to pay -RRB- but insurance coverage you carry on your car , if you have one , would be excess . In other words , if your limits were greater than those covering the borrowed car or your coverage were broader , your coverage should be available once the car owners limits are exhausted .


Input: How Does Car Insurance Work When Driving Other Peoples Cars?

Output: Car insurance always follows the vehicle . If someone is driving your car and they have an accident the owners insurance policy is primary . If someone drives your car on a regular basis they need to be listed on your policy as an active driver . Car sharing is gaining momentum around the country but you need to check with your insurance agent to see if your policy will provide coverage for car sharing . Most personal auto policies will not .


Input: What Does Health Insurance Portability Accountability Act Provide?

Output: HIPAA covers a lot of ground including PHI -LRB- protected health information -RRB- and numerous regulations governing those who have access to PHI and how that information may be transmitted . The best known provision in HIPAA is the COBRA law that allows employees -LRB- and their dependents -RRB- to continue their employer group benefits after they have terminated employment . Individuals with severe pre-existing conditions should consider exercising their COBRA option to avoid being uninsured . Other individuals and family members should explore individual major medical options .


Input: Insurance Company Wants To Total My Car What Can I Do?

Output: Normally , your insurance company will settle your claim -LRB- for example : replacement cost minus deductible . -RRB- If you express interest they will usually offer to sell the car back to you -LRB- the settlement resulted in the car belonging to the insurance company . -RRB- The price is set by the company and usually the car must be registered as `` salvage . ''


Input: Does Progressive Home Insurance Cover Pitbulls?

Output: Your best bet is to call the company directly and ask the question . Availability of liability coverage for dog bites is in a state of flux these days . Some companies exclude all or some breeds of dogs , some will offer a policy with a dog exclusion only if there has been any bite history . And when/if you find a company that will cover the dog , you can be certain that if there is an incident a dog exclusion or policy cancellation will follow . It is unfortunate but some breeds have a bad reputation because in many cases the owners should never have been allowed the privilege of dog ownership .


Input: Is Term Life Insurance A Good Investment?

Output: Term Life Insurance is not considered an investment because it does not have any cash value . However , if you are asking if it is a good use of your money , protecting your family or business in case of a tragedy is certainly a good thing for which to budget . The return will not while you are alive , but your loved ones will always feel you made a great investment , if the policy ever needs to be used .


Input: Is Term Life Insurance A Good Investment?

Output: Term life insurance as noted by Peggy above here has no cash value and is temporary . So it has no investment value . If you mean `` is term life insurance a good value in the case of my dying , then yes ... IF you die before the policy terminates . If you die while the policy is in force your beneficiary will receive considerably more money that you had paid into the policy , and that tax free . So in that case it would have been a good benefit , value and investment . If you outlive the policy you get no money back , the policy is gone and so is the money you paid into it . So in that respect it 's like many other high risk investments - there 's a good chance you 'll loose all your money and no one will benefit ... except the company that sold the policy -LRB- investment -RRB- .


Input: Does Having A Trampoline Affect Homeowners Insurance?

Output: It may , yes . Many insurance companies wili require that the trampoline be outfitted with an installed safety net system that completely encloses the circumference of the trampoline . The opening of that system will also need to be able to be completely secured by a locking mechanism . In many cases , without this compliance , many companies will not offer coverage at all .


Input: How Much Auto Insurance Do I Need?

Output: A Personal Auto Policy -LRB- PAP -RRB- generally comes with five coverages included in the premium . 1 . Auto Liability ... protects you from claims other people make against you arising from auto accidents 2 . Uninsured/Underinsured Motorists Liability -LRB- UIM -RRB- ... protects you for claims you make against other drivers who do not have insurance or do not have enough insurance 3 . Medical Payments ... pays money to doctors and hospitals for your medical expenses arising out of auto accidents 4 . Collision ... pays for damage to your car arising out of auto accidents where you collide with another car or object , like a tree . 5 . Comprehensive ... pays for damage to your car arising out accidents that are other than collision , for example , flood , fire and theft . When you ask , `` How Much Auto Insurance Do I Need ? '' , I 'm assuming you mean # 1 , Auto Liability so I 'll limit my answer to that coverage . In subsequent postings , I 'll answer how much you need for the other coverages . So , how much Auto Liability Insurance do you need ? It depends . If you just want to get on the road and be legal about it , in New Jersey , the minimum limit of insurance is $ 35,000 for each accident . You are also required to purchase Uninsured/Underinsured Motorists Liability and Medical Payments and they also have minimum limit requirements . Other states have similar minimum limit requirements and they are spelled out at each state 's insurance department website . Minimum limit policies will get you on the road , but they are not a smart use of your dollars . Consider an auto accident where you strike a Lawyer 's Mercedes ... his new Mercedes . Think $ 35,000 will take care of everything ? I would n't bet on it . And if $ 35,000 is not enough , you 'll pay personally for a long time . Now , if your primary goal is adequate protection for you , your family and your assets , you need to take a step back . Liability claims against you arising out of the use of an auto is one area you should be concerned about . You should also be concerned about liability claims arising out of owning a home , operating a boat or a motorcycle or an RV . Liability claims can also arise from owning vacation property . You can trigger a claim . Your spouse can trigger a claim and your children can trigger a claim . Considering all the people in your life who can trigger a claim and all the ways they can do it , How much is enough liability insurance ? How much should you buy ? Answer : I do n't know . But I do know EVERY smart insurance consumer , concerned about `` how much insurance is enough ? '' should purchase a $ 1 million Personal Umbrella Policy . A Personal Umbrella Policy is a secondary policy . Your auto policy , homeowner policy , boat policy , and so on are all primary policies . Each primary policy has its own limit of insurance . In the event of an accident -LRB- in the home , in the car or on the water -RRB- , you have a primary policy to protect you . If the amount of primary insurance is not enough to pay a claim , the Personal Umbrella policy adds a million dollar cushion . Is a Personal Umbrella policy expensive ? No . A million dollar umbrella GENERALLY starts around $ 125 . That 's $ 125 for $ 1,000,000 of liability protection you can use over your auto insurance or your homeowner insurance or your boat insurance and so on and so on . If there is a better deal in the insurance business , I 'm not aware of it . Now if you 're sold on the idea that a Personal Umbrella Policy has merit , we need to return to your original question : `` How much Auto Liability Insurance do I need ? '' You need an amount of insurance that satisfies the minimum requirements of the Personal Umbrella Policy . For example , if your Personal Umbrella Policy requires you have a $ 300,000 Personal Auto Liability Limit , that 's what you need to buy for your auto policy . If the requirement is $ 300,000 and you have $ 250,000 , there will be a $ 50,000 gap in the event of a serious claim . Again , for example , you 're responsible for a serious auto accident . It ends up costing $ 600,000 . Your auto policy will pay $ 250,000 , you 'll have to pay $ 50,000 and then the umbrella will pay the remaining $ 300,000 . So you can see , you need to buy the correct amount of auto and home insurance and the correct amount for any other primary policy so you do n't have a gap in coverage . Can you buy a Personal Umbrella Policy with a limit higher than $ 1 million ? You can , but the higher the limit , the greater the scrutiny . I hope I 've answered your question , but if I have n't , feel free to call , fax or email me .


Input: Can A Cancer Survivor Get Life Insurance?

Output: Cancer survivors looking at life insurance in the first few years after their treatment ends may have to settle for a graded policy -LRB- one that pays a reduced death benefit in the first 1-3 years for death due to illness -RRB- or higher priced policy -LRB- a flat extra per thousand is added on for a set number of years , then drops off regardless of whether the cancer has recurred or not -RRB- . Unless getting a guaranteed issue policy , there is at least a one year wait since the last cancer treatment before cancer survivors are able to get any policy . The more time that passes , the lower the rate usually becomes , especially if the cancer did not start out at a high grade . Since no one knows the future , I recommend getting what you are qualified to get as soon as you can , then try getting a lower priced policy in the future .


Input: Can A Cancer Survivor Get Life Insurance?

Output: Yes , cancer survivors can purchase life insurance again . The longer the time period after your last treatment the better for purchasing insurance . The first two years are the hardest to find coverage . After five years you can purchase with most life insurance carriers with a rated premium , some are still affordable . However , after ten years cancer free most life insurance carriers will issue coverage again standard issue . I personally do not know of any carriers that will ever issue better than standard regardless of how good your health is once you have had a life threatening cancer beyond the ten year waiting period .


Input: Can A Cancer Survivor Get Life Insurance?

Output: Yes , some cancer survivors can obtain life insurance but it depends on the type of cancer , treatment and how long since the end of all treatment . The policy may also be rated -LRB- charged a higher extra premium -RRB- . We use a series of questions that are specific to the cancer condition in order to determine the likely outcome in advance and shop insurers for the best possible result for the client . Be sure to work with a life insurance professional with experience with handling these kind of cases .


Input: Can I Get Health Insurance If I Have Lupus?

Output: You can get health insurance if you have Lupus . Under the Affordable Care Act legislation , pre-existing conditions are covered under new Marketplace plans during Open Enrollment . Our job , as experienced health insurance brokers , is to find the plans that best meet customer needs , and compare the most affordable options . Treatment of Lupus is complex and it 's important to minimize your out of pocket expenses . Broker websites will provide you the lowest available rates and unbiased and accurate information . The . gov website has a history of glitches and security concerns .


Input: Can I Get Health Insurance If I Have Lupus?

Output: That is a great question ! One of the great things about the Affordable Care Act -LRB- Obamacare -RRB- is that insurers can no longer deny you coverage for `` pre-existing conditions '' . All insurers must offer you policies . I suggest that you check out the WEBSITELINK site when you are ready to shop , and see if you qualify for help in paying for your policy -LRB- another benefit of the law is a subsidy that helps pay for the policy if you qualify -RRB- . Another plus the law gives us ? No more lifetime caps on your treatment expenses . Happy shopping ! Thanks for asking !


Input: Can I Get Health Insurance If I Have Lupus?

Output: Yes . Pre-existing health conditions such as Lupus can no longer be subject to a pre-existing condition exclusion , waiting period or be the cause for declining to cover a person . Now comes the part where I may part company with some of my peers . Unless you know a lot about health insurance and all the ins and outs of what the Affordable Care Act has caused insurance companies to do in redesigning their products , provider networks and prescription formularies , do n't go to Healthcare.gov for anything more than a cursory examination of what your options might be in the government marketplace and whether you will qualify for any subsidies . You can get a reasonable estimate of these factors without having to set up an account on Healthcare.gov through web sites such as HealthSherpa.com . Persons with chronic diseases , such as Lupus , especially need the services of an experienced health insurance broker who knows the intricacies of the health insurance products sold both inside and outside of the government health insurance marketplace . It is not enough to just see that a particular health insurance carrier is available in the government marketplace and your decision should not be guided solely by the monthly premium . The person with a chronic health condition generally has existing relationships with primary and specialty care providers and may have already gone through a lengthy process of finding the correct medication -LRB- s -RRB- and services for the treatment of their condition . They may even want or require access to medical facilities and providers outside of their immediate area . YOU CAN NOT TAKE FOR GRANTED THAT ALL INSURANCE CARRIERS AND THEIR PRODUCTS , ESPECIALLY THOSE SOLD WITHIN THE GOVERNMENT MARKETPLACE , WILL HAVE YOUR PHYSICIANS OR FACILITIES AS IN-NETWORK PROVIDERS OR THAT YOUR MEDICATIONS WILL BE COVERED UNDER THEIR FORMULARY . Also , access to major centers of excellence like M.D. Anderson , the Mayo Clinic , Memorial Sloan-Kettering and others certainly can not be assumed . This is a major issue especially among health plans sold in the government marketplaces where positioning your product based upon price point is key to marketing success . One of the ways that some carriers have achieved this price point positioning is through the use of so called `` skinny '' networks . Which , as their name implies , offer a reduced selection of providers and often a much more stringent and restrictive list of approved medications . Before you enroll in any health insurance plan you need to confirm with both the insurance carrier and the heath care provider -LRB- s -RRB- that all or at least as many as possible of the pieces of your care system are going to be available to you . You also need to confirm in what manner they will be available to you . Can you continue to go directly to the specialists you have been using or must you have a referral from your primary care physician before you can access that specialist now ? Will your current medication arrangement be honored or will you have to reinvent the wheel by going through a step therapy process of using other medications and having unsatisfactory results before your current medication is approved by the new carrier ? What if you have been going to a center of excellence facility out of town once a year for follow-up exams and treatment , will the new carrier allow this ? These are just some of the crucial questions any person suffering from a chronic disease needs to ask and get answered before they choose a health plan in the era of the Affordable Care Act .


Input: Can I Get Health Insurance If I Have Lupus?

Output: Under the Afforable Care Act , you can not be declined for health insurance due to a pre-existing condition or other health-related issue . You have the option to secure a bronze , silver , gold , or platinum level plan - please note , not every carrier offers a plan under each level -LRB- e.g. company XYZ may only offer bronze , silver , and gold plans , but not platinum plans -RRB- . Individuals under age 30 also have the option of securing a catastrophic plan . If you qualify for a subsidy , you would want to look into plans ON the health insurance exchanges . If you do n't qualify for one , you may want to look into plans OFF the exchanges as you will generally have more options available to you . I always recommend consulting with an experienced broker if you 're looking for coverage or want to review your existing insurance to see if a better option is available . Insurance brokers have an in-depth knowledge of products from many different carriers and can help you determine the plan that 's going to best serve your needs and your budget . Please feel free to contact me if I can be of further help . Thanks very much .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: Do n't underestimate your value as a stay at home mom or domestic engineer as some call themselves . Insurance companies appreciate the value you provide as long as you can justify the amount of coverage . Follow Jim 's advice . What is the cost of each meal , breakfast , lunch & dinner , the value of taking the kids to and from school , activities and other events , thw cost of care ie . what daycare provider 's charge . Do n't be surprised if the amount is over $ 300k or more . If you got paid for what you do , you 'd be making $ 100,000 + per year .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: When you purchase life insurance as a stay at home mom , most insurance companies will limit your coverage to the amount of life insurance that is on the breadwinner in the home . So start out by making sure that whoever is bringing home the main paycheck has enough life insurance on him/her . Then I would suggest getting the same amount of coverage as he/she has . If the breadwinner would pass away , you would have more expenses because you would have to hire the services you provide . And depending on your circumstances , you may or may not be able to earn as much as he/she does . So take advantage of the opportunity to get the full amount of life insurance that the breadwinner in your home has . You certainly deserve it .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: Hi Mom ! Great question ! If I understand your question correctly , you are asking how much insurance should I purchase ? I 'd suggest that you figure out what it would cost to have to pay for your services , should that have to happen . Include the cost of meals , snacks , and whatever else you are providing that a childcare facility would charge you for . Then I would add in the cost of your funeral expenses . Take a good look at your budget - what can you safely afford to spend each month ? Take that number , and decide whether you are better off with a term policy or a whole life policy , that you can let grow for awhile . If you would like help with this , please feel free to contact me , I 'd be glad to make time for you . I have a ton of respect for stay at home parents , it is a real job . Thanks for asking !


Input: How Much Life Insurance For A Stay At Home Mom?

Output: The mother of children is extremely valuable . There are humorous pieces written describing her 24 hour a day job , and the wide array of specialties that she must have . It is enough to say that she is irreplaceable . While that is also true of the breadwinner , it does need a long sober look . Some moms have disabled children , some home-school ; others are fabulous supports to their spouses . Buy all the insurance that you can afford and pray that nothing happens to her .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: The maximum amount of coverage carriers generally approve for a stay-at-home spouse -LRB- or even if they 're just temporarily unemployed -RRB- is going to be up to the face amount the working spouse has in place , regardless of whether it 's term or permanent coverage . A good way to figure out how much coverage is appropriate for a non-working spouse is what expenses would be incurred you need is what expenses would be incurred if the stay-at-home spouse passed away . This can be a wide range of things including the cost of daycare -LRB- if you have kids -RRB- , what it would cost to hire someone to do the services the stay-at-home spouse did during the day , funeral expenses , etc. . From there , you 'll want to look at how long do you need that coverage for ? Til the kids are out of the house ? til the house is paid off ? til you 're retired ? longer ? Perhaps you need a higher amount of coverage now and less coverage later . Many people often have a hard time finding the right balance point of amount of coverage and length of coverage . This is where working with an independent insurance agent can come in handy in helping you determine what insurance policy structure will be most suitable to cover the needs at hand . Send me a message if I can be of help .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: When ever I have discussed coverage options for a woman who is a stay at home Mom , we center on the value that her effort and dedication add to the running of that family home and the raising of the children in that home . We talk about the going rate for child care , home maintenance , and all the important things that seem so easily forgotten when one uses that phrase to describe that it means to be a stay at home Mom . We talk about what the impact , financially , it would be if she were to suddenly die . Would her spouse be able to walk into the boss and expect to receive an immediate 6 figure raise ? Probably not .


Input: How Much Life Insurance For A Stay At Home Mom?

Output: Certainly Mom needs life insurance , I never forget about Mom . I like to ask Dad , if Mom dies today , how much help would you need ? Depending on the age of the children expenses could include a nanny , daycare center , housekeeper , cook and an errand service . I have added up expenses with families in more affluent areas north of $ 80,000 per year . In life insurance the general rule of thumb is ten times that expense or $ 800,000 face amount . This way the money can be invested and used annually to pay for those ongoing expenses .


Input: Who Should Get Medicare Part B?

Output: Those who have paid into Medicare for 10 + years over their working lives are eligible to get Medicare Part B. Those who have been disabled for 2 years , or have End Stage Renal Disease or Amyotrophic Lateral Sclerosis , are also eligible for Medicare Part A and B. Anyone who does not have a moral objection to getting Medicare Part B should probably get it , as it provides a valuable benefit at a reasonable cost .


Input: Why Is It Good To Save For Retirement?

Output: That is an interesting question ! The best reason is because Social Security and Medicare may not be there for you like it was for your parents . With the workforce dwindling because the baby boomers are entering retirement at the rate of nearly 10k a day , there are less workers to pay taxes into the trust funds that support it . Each of those 10k/day Elder Citizens now stop -LRB- or greatly reduce -RRB- the amount of taxes they pay in , and each becomes available for the benefits . Add onto that the increasing life spans , which means longer payouts , and a smaller pool now has to go a longer way . Then add into that the massive boom in disability payments , for those who would otherwise work , but are physically unable to , -LRB- up 73 % since 2000 , according to the Federal Reserve of San Francisco -RRB- and now that smaller pool is stretched even thinner . The average American on SSI draws approximately $ 1100/month , and nearly 55 % of them are living in poverty as a result of their belief that Social Security would be there to protect them . The Disability trust is expected to go belly up as soon as 2016 ; Social Security by 2024 , and Medicare by 2029 -LRB- Obamacare created extra payments to that trust that extended it by nearly 10 years . -RRB- Even the politicians in office now are not stupid enough to let them disappear altogether , but they 've shown no guilt about letting them shrink to the point that an Elder Citizen lives in poverty . What do you suppose those payments to you will look like when your time comes ? Me ? I 'm not counting on any , and I 'm planning and working the plan like crazy . I suggest you do too , unless you are one of the 1 % who wo n't need to ... Thanks for asking !


Input: Why Is It Good To Save For Retirement?

Output: Seriously ? If you are Warren Buffet or Bill Gates or some other super rich person then you probably have no realistic reason to save for retirement . If , however , you are like the 99 % of other people in the world then unless your plan is to commit suicide after your last day at work you need to be thinking about how you are going to afford to live for the years and perhaps decades after you stop working . Social Security retirement benefits are highly unlikely to come close to replacing your income during your working years and Social Security was never intended to be a person 's sole source of retirement income . In addition , the financial viability of Social Security itself is being seriously questioned so it may not be there in the amount you would have expected and in the worst case scenario may not be there for you at all . For this reason a person needs to be saving money and investing it over the course of their working life in order to build up a financial nest egg for their retirement years . When you retire from your job your working income will cease , your expenses will not .


Input: How Will 401 K Pension Plans Affect Retirement Income?

Output: 401 -LRB- k -RRB- plans are defined contribution retirement accounts that accumulate tax deferred and are taxable at at distributions as ordinary income at the effective tax bracket of the plan participant . Those 401 -LRB- k -RRB- distributions are also included in the provisional income test for Social Security benefit taxation . So 401 -LRB- k -RRB- income can effect Social Security .


Input: Is AARP A Medigap Plan?

Output: The only way to tell if something is a Medigap plan is if it has a letter . For example , Plan F or Plan G. AARP is the brand name for the Medicare products through United Healthcare . However , they offer Medigap plans and Medicare Advantage plans so it 's important to understand what you are getting . There are big differences between the two . AARP & United Healthcare have great name recognition in the Medigap Plan & Medicare markets . United Healthcare is an `` A '' rated insurance company . However , the premiums could be higher in certain areas for exactly the same plan . It 's important to work with an independent agent who can show you AARP Medigap Plans as well as all the other `` A '' rated carriers in your area . We work with folks to determine which is the best carrier for them . We offer AARP and a lot of the other top `` A '' rated carriers . We never charge a fee for our service .


Input: Is AARP A Medigap Plan?

Output: AARP partnered with United Healthcare -LRB- UHC -RRB- to use their name with the Medigap plans issued through UHC - the plans are titled `` AARP Medigap Plans insured through through United Healthcare '' Please note , while all Medigap plans feature standardized benefits , there are ways the carriers differentiate themselves . The big one is price . Another item to consider when comparing options is the rating method the carrier uses . UHC uses the community rating method whereas the majority of Medigap insurers will use the attained age rating method . The community rating system states that the rates in a given area will not be based on age , rather everyone in that area will pay the same rates . This means that someone who is 85 years old will pay the same rate as someone who is 75 years old . Therefore , your rates can only increase if the carrier increases the rates for everyone . The attained age rating system states that your rates will go up each year as you go older -LRB- in addition to the rate increases on the plans as a whole -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage and if you have any other questions . Our services are provided at no cost to you and we can provide quotes from many companies . Thanks very much .


Input: Does Auto Insurance Cover Dui?

Output: Insurance covers damage that you cause to others even if you have a DUI . If you had full coverage on your auto they also will pay for you damage less your deductible . Now paying for your ticket No that would not be covered . But damage and medical bills would be covered if you hurt someone or there property .


Input: What Is Current Assumption Life Insurance?

Output: Current assumption life insurance is a universal life insurance that pays an interest rate on the reserve or cash surrender value that is determined each year by the insurer and is based on the investment performance of the insurer 's general account . The alternatives to this are Variable Universal Life Insurance where return on the cash value is typically determined by the investment performance of insurance industry mutual fund equivalents known as sub-accounts and Indexed Universal Life Insurance where the return on the cash value is interest determined by the percentage change of a chosen index over a certain period of time .


Input: What Is Current Assumption Life Insurance?

Output: Besides current assumption Universal Life as explained by others on this page , current assumption Whole Life insurance also pays policyholders an added benefit if the policy performs according to , or better than , the assumptions upon which the policy was based . The benefit can be in the form of increased cash value or a decrease in premiums . If the policy does not perform up to current assumptions , the premiums can increase .


Input: What Is Current Assumption Life Insurance?

Output: Current assumption universal life insurance is a permanent cash value policy that offers death benefit protection to your beneficiaries . It is a flexible contract where the policy owner can modify the death benefit , the premium or both . It has current and guaranteed interest rate crediting as well as current and guaranteed cost of insurance charges .


Input: Who Is New York Life Insurance Company?

Output: New York Life Insurance Company is one of the oldest carriers in the US . Since 1845 , they have been offering life insurance coverage to consumers . They are one of the largest insurers and offer a wide array of financial products for individuals , families and businesses . How do you view rates and purchase coverage ? Through a full-time broker and/or their website . The best resource for information is an agent/broker that is experienced and specializes in insurance sales .


Input: What Does Medicare Cost Per Year?

Output: The 2 basic parts of Medicare are part A and part B . If you work 40 quarters -LRB- 10yrs -RRB- part A is paid for , if you have to pay for part A it would cost $ 441 a month while Part B costs $ 104.90 a month and a $ 147 yearly deductible . Part A is the hospitalization portionand it pays 80 % and you are responsible for 20 % . Part B is the outpatient portion -LRB- Dr. Visits -RRB- The minimum yearly cost would be $ 1,259 a year and part B premium goes up if you make over $ 85,000 a year individual $ 170,000 jointly . This is a simplified explanation but should give you a solid foundation .


Input: How To Terminate An Irrevocable Life Insurance Trust?

Output: Words like trust and irrevocable should make you perk up your ears . They generally mean that to gain certain future tax advantages you are giving up control over an asset , in this case a life insurance policy . It isnt any different than selling a car to someone and then later wishing that you still owned it .


Input: How To Terminate An Irrevocable Life Insurance Trust?

Output: To terminate an irrevocable life insurance trust , you will need a provision in the trust that allows for that , and the assent of the trustee and beneficiaries of the policy . If this is not possible , you will need to appeal to the court system to terminate the trust . There are some conditions under which that can be possible . Check with an attorney in your state for details .


Input: How Much Would A 500K Life Insurance Policy Cost?

Output: Until an agent knows your date of birth , height , weight , smoking status , what medications you take , what health conditions you have or have had in the past , it really is n't possible to give you a cost as a basic level of information must be submitted to generate a quote for life insurance . So if you were to ask this question again providing your DOB , Height , Weight , Smoking status , meds , conditions someone could generate something for you .


Input: When Was The First Health Insurance Policy Written?

Output: The first health insurance policy was probably written in the 20th century . Many of the current health insurance companies are more than 40 years old although it is hard to determine who was the very first carrier to issue coverage . However , this is certain : The rates were incredibly low -LRB- perhaps $ 10 per month ? -RRB- and benefits were probably very basic .


Input: Can You Get Life Insurance If You Have Parkinson's Disease?

Output: The type of life insurance you can get with Parkinson 's will most likely be a simplified issue or guaranteed issue policy . There are a number of companies that will allow you to purchase up to $ 25,000 or more while having Parkinson 's , and you can purchase several of those to have more coverage .


Input: Can You Get Life Insurance If You Have Parkinson's Disease?

Output: YES . The question becomes how much Life Insurance can you get ? There are some Insurance companies which provide a guaranteed death benefit however the maximum coverage you can get is usually no more than $ 50,000 . We call this guaranteed issue Life Insurance . The rates may get expensive depending on your age and the amount of insurance needed up to the maximum . If you do n't expect this person to live a normal life span , again not knowing the age , this type of policy is definitely good for the final expenses to help relieve some Financial burden on the family .


Input: How Much Would Renters Insurance Be?

Output: Renters Insurance premium depends on the amount of Personal Property coverage needed , the amount of Personal Liability coverage needed and your requested deductible . It is important to note that your personal property -LRB- contents -RRB- coverage and deductible will make up 75 % - 85 % of the premium ; the personal liability which in our view is much more valuable only costs a small percentage of the premium . We always recommend the maximum available coverage for Personal Liability ; depending on your State & location , the maximum may cost as little as $ 40 more premiumper year . For a self service quote & issue experience , click : WEBSITELINK If you need any assistance , contact an insurance professional to offer the guidance that you deserve !


Input: What Does It Mean To Have Life Insurance?

Output: `` To have life insurance '' usually means that the insured person has a life insurance policy . If that person would die , their beneficiary would receive the face amount of the life insurance policy . Sometimes another person owns the policy , and chooses the beneficiary . But when people talk about having life insurance , they usually are referring to the person who is insured , and for whom the death benefit would be paid , if they would pass away .


Input: What Does It Mean To Have Life Insurance?

Output: I could tell you the Christmas story . About how a father or mother bought life insurance to protect their spouse and their children , if there were to be gone from them . About how the life insurance would protect their family from having to find a way to pay the mortgage or having to sell the house and move from the local school , or maybe mom having to get a new job . But the most important part about having life insurance is just knowing that your loved ones are protected should you no longer be with them . Finding the right agent to listen to you and find out what you need , and having the best company , one that pays claims quickly , will give you a sense of relief and satisfaction . That 's what having life insurance is all about . Gary Lane , Registered Representative , New York Life , 949 797 2424 . Thank you .


Input: What Is The Best Supplemental Insurance To Medicare?

Output: The best Medicare supplemental insurance plan in your state is one that matches your needs and budget . Seniors at older ages will pay more than those just turning age 65 If you use tobacco you can expect to pay at least 20 % more for the same coverage as a non-tobacco user . Medicare supplemental insurance Plan F is the most expensive and pays the highest commission . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online . You can pay more but that does not mean you get more . It simply means you paid more than you need to . #GeorgiaMedicarePlans


Input: What Is Guardian Life Insurance?

Output: Guardian Life is one of the most highly ranked life insurance companies among its peers and offers its policy holders one of the strongest balance sheets of any financial institution . It was founded as a mutual company in 1860 by German immigrants and was named Germania Life Insurance Company .


Input: Why Would Someone Need Health Insurance?

Output: To protect yourself and your family against the financial risk of illness or injury and to finance necessary preventive health care needs . If you are a billionaire you can disregard this advice . If you are a regular American then you disregard it at your own peril . Health care is expensive . I had to answer this question recently for some people who had immigrated to the U.S.A. , were rather young to early middle aged and who had n't had occasion to use much health care in our country yet . So here are a few ball park figures I gave them from a report from 2012 . The average cost of an appendectomy is around $ 13,300 . The average cost of a day in the hospital is over $ 3400 . A normal child birth runs around $ 8000 and a C-section birth can be in the $ 12,000 to $ 13,000 range . And this is just normal run of the mill life events most people will experience at some time . My late cousin lost his 7-year battle with prostate cancer and while he participated in a lot of experimental programs as M.D. Anderson that were either free of heavily subsidized we still loosely estimated that his medical costs that he could track over that period were well in excess of $ 2 million . My niece delivered a premature child at 26 weeks and the child spent another 6 + months in neonatal intensive care , they 've crossed the $ 1 million dollar threshold and the meter is still running as their child will probably require some level of treatment for the rest of his life . Oh , and you need to have health insurance to protect yourself against the individual mandate tax penalty included in ObamaCare . Which in 2015 will be $ 325 or 2 % of your income -LRB- whichever is greater -RRB- and that will steadily increase in following years . Hopefully this will help answer your question as to why someone would need health insurance .


Input: How Does A Health Insurance Claim Work?

Output: After you are treated by a provider , a billing statement is sent to the insurance company . Typically , a claims approver -LRB- sometimesit is handled electronically -RRB- will review the submitted claim and determine if it is covered , and how much of the claim will be paid by the insurer . That amount is paid and any balance is now the responsibility of you ... the insured . Of course , hopefully , it is a small amount ! Our job , as brokers , is to help you find plans that keep your obligation of the bill as low as possible .


Input: How Does A Health Insurance Claim Work?

Output: How does a health insurance claim work ? Let 's follow a claim . First the billing is created in the doctor 's office where staff submits a claim for payment to an insurance company . This could be done anywhere from that day or later that month , depending on the office . I have known of providers who have sent collection notices before they 've even gotten around to billing . When the claim arrives at the insurance company it goes straight to the claims departement where the informaion is entered into the computers . Basically the claims person gets the bill , data entries the necessary information and hits enter . From that point on , most claims are untouched by human hands . The claim information goes into the computer where it is compared to the coverage the insured has . From that a payment and explaination of benefits page are created and sent on their ways . When I use the term untouched by human hands I mean not everything processed is checked to see if the parameters -LRB- plan design -RRB- are correct . Usually , only billings above a certain size are rechecked for accuracy . Years ago the threshold was 20,000 got a second look by a human for accuracy . Companies leave it up to the insured to find any small errors and call in for corrections . The cost of double checking every claim would be astronomical .


Input: Who Has The Best Car Insurance Rates?

Output: That is nearly impossible to say based on the limited information provided here . The rates for your auto insurance coverage are based on many factors . Some of those factors are drivers to be covered ages , geographic location of where the vehicles are garaged . Please contact a local agent to discuss coverage availability and pricing in your area .


Input: Can You Get Auto Insurance With A Suspended License?

Output: In the process for applying for auto insurance in California , the drivers must submit a valid drivers license . The underwriting process will stop because the company must verify the driving record of the proposed driver . The company may offer to issue the policy with that particular driver excluded .


Input: Can You Get Auto Insurance With A Suspended License?

Output: It is possible to get auto insurance coverage if your license is suspended if you are in the process of getting your license re-instated and need to show proof of insurance to get your license re-instated otherwise I do n't believe that you will be able to secure coverage as you are not able to legally drive . 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: Can You Get Auto Insurance With A Suspended License?

Output: That is a great question ! Without a current license , it will be very difficult to get your insurance . There are a couple of ways that you can , however . The first is to show proof that you have satisfied the conditions of the suspension , and the date the suspension will be lifted . The company may choose to issue a policy with a start date as of the expiration of the suspension . They may also choose to issue a policy that begins the day tour suspension ends . Bear in mind that this is a rarity , and not common ; and that the reason for your suspension will play a big part in their decision . I hope that helps , thanks for asking !


Input: What Is RR Medicare?

Output: RR Medicare is Medicare for railroad workers and their families . The Railroad Retirement Board administers aspects of Medicare program in its role as administrators of the retirement/survivor and unemployment/sickness for railroad workers and their families under the Railroad Retirement Act and the Railroad Unemployment Insurance Act . Railroad workers pay a Medicare tax similar to a Social Security Medicare tax .


Input: Does Disability Insurance Cover Alcoholism?

Output: Disability insurance like most individual morbidity insurance products does not cover pre-existing conditions like alcohol abuse . Motor vehicle records can be used to detect DUIs . One of the urine analysis items covers liver function , which can detect alcohol abuse . Medical records of all attending physicians will be ordered include rehabilitation facilities .


Input: Does Disability Insurance Cover Alcoholism?

Output: It 's important to note that some carriers will decline a person because of their alcoholism , but if that does happen to you , ask your agent to get a reconsideration period in writing . An underwriter can usually advise that if the client has clean records for two years or so , they are eligible again . AND some companies , like Lloyds of London , have alcohol abuse built into the policy as an exclusion , so they 're more lenient when it comes to writing someone with past alcohol abuse .


Input: Does Disability Insurance Cover Alcoholism?

Output: There are no disability insurance policies that I am aware of that cover a claim for a disabling event of alcoholism . You still may find one , but I deal with the top disability insurance carriers and they all specifically exclude claims for drug and alcoholism . These are for both short term and long term disability plans .


Input: How Renters Insurance Works When Robbed?

Output: Talk to your Insurance Professional about the particular terms and conditions of your policy . If you have suffered such a loss , I am very sorry that you have to go through this . Try to complete an inventory of the items that have been stolen and be sure to also try to photograph any damage that may have resulted from the break in - broken windows , forced windows or doors or the like . CALL THE POLICE and report the incident . I am assuming that you came in after the fact , but if you ever find yourself in a situation where it looks as if the burglary might still be happening , DO NOT go in . Report your loss to your Insurance Professional and they will open your loss report with your company . A claim representative will contact you and ask for your inventory and police report . Theft is normally a covered peril in a renters policy so the claim once investigated would be settled based upon the items lost and or damaged and the amount of your policy deductible .


Input: How Renters Insurance Works When Robbed?

Output: If you have a renters policy and are robbed , your personal property is covered by the policy . The claim will be adjusted to the cost to provide similar used items or the cost to purchase new items to replace those that were stolen , that choice is made when the policy is started . After the loss has been determined the company pays you that amount minus the deductible .


Input: Who Should Get Annuities?

Output: An annuity provides one benefit that is unique , guaranteed lifetime income . Since many people fear that they will outlive their resources , an annuity is a very efficient way to handle this concern . An annuity is an insurance contract and has beneficiary provisions which allow proceeds to be distributed without probate . For many people this is a concern . Because they are insurance products annuities often contained riders that provide living benefits that some will consider very important .


Input: Who Should Get Annuities?

Output: That is a great question ! Like all investments , there are good and bad things about annuitiesthat make them a great investment for some people , and not so great for others . The ideal purchaser of an annuity is someone who has a steady cash flow ; significant reserve assets to cover in emergencies ; can afford to set aside a large sum of money for a length of time ; and is looking for structured , taxable income flow for many years . If setting a large part of your savings into limbo for several years can be an issue for you , then an annuity may not be the best investment vehicle for you . Please discuss your specifics with your advisor , to see if it would be right for you , or drop me a line , I 'd be happy to walk you through the details . I hope that helps , thanks for asking !


Input: Who Should Get Annuities?

Output: Anyone who wants to use their money to accumulate at a relatively safe return that protects principal and/or anyone who wants to generate predictable and reliable income with the money that they have should consider buying an annuity . These are two fact patterns that traditionally work best for annuities .


Input: How Much Does Life Insurance Cost A 25 Year Old?

Output: The cost for life insurance for a 25 year old can range from under $ 10/month to thousands of dollars per month . Whether the 25 year old uses tobacco , has health problems , is getting term or permanent insurance , or is using the life insurance for cash value or life protection ... . all of these factors make a big difference in how much the policy will cost .


Input: How Much Does Life Insurance Cost A 25 Year Old?

Output: There is no way to answer your question definitively . The price you pay for life insurance depends on several factors . Prices will vary between companies , and the type of policy you apply for will also determine the price you ultimately pay . In addition , your tobacco usage as well as your overall health profile will affect your costs .


Input: Does Chase Offer Life Insurance?

Output: Chase partners with other companies to provide life insurance to its customers , but does not offer life insurance itself . There used to be a company called Chase Insurance , which started as Kemper Life , then became Zurich Life , then OneLife , then Chase Insurance . Protective Life Insurance Company bought Chase Insurance in 2006 .


Input: What Is The Value Of Long Term Care Insurance?

Output: The value of any insurance protection product is to mitigate the financial exposure of an unforeseen event that could impact a family or business economically . The value of long term care insurance generally plays out in the later years of retirement where assisted living or nursing home confinement costs can erode financial stability .


Input: What Is The Value Of Long Term Care Insurance?

Output: The value of long term care insurance is financial , emotional , and possibly even physical . It pays for one of the most expensive events that can happen in a person 's life . It takes the burden off of family and friends to figure out who and how they will care for their loved one . And it gives the insured person some freedom in choosing the provider and place where they will receive their care .


Input: Does Progressive Offer Renters Insurance?

Output: Progressive offers renters insurance through their `` Home Advantage '' program . Policies are underwritten by select companies that are not affiliates of Progressive and are solely responsible for claims . Some of the participating carriers are Homesite and IDS . Quotes can be obtained online or over the phone . Renters insurance policies , of course , do not cover structures .


Input: Does Progressive Offer Renters Insurance?

Output: As mentioned above yes and no . Yes they do and no is not in their name its written through other companies . If you call them directly they should be able to inform you on the companies they send it out to and any other additional question about does companies . Thanks .


Input: Does Progressive Offer Renters Insurance?

Output: The answer to the question of whether or not Progressive offers renters insurance , depends on where you live.Check with an agent in your state.I can tell you that in California , Progressive does not offer renters or homeowners policies . Perhaps in time they will but for now renters have to go to another company .


Input: Which Pharmacies Accept Medicare?

Output: If you have a Medicare Part D -LRB- Prescription Drug Plan -RRB- , you should be able to call your Part D insurance company to find out which pharmacies are in your area that accept your Plan . Another way to find out which pharmacies accept your Medicare Part D plan is to visit medicare.gov and choose the tab that says Drug Coverage -LRB- Part D -RRB- . Scroll to the bottom of the list and select Find Health and Drug Plans . You will now be on a page titled Medicare Plan Finder . Enter your zip code in the General Search box and click on the Find Plans button . You are now on a page that is Step 1 of 4 . Complete the appropriate information for the questions asked and click the Continue to Plan Results question . Step 2 of 4 asks you to enter your drugs . Youll need to enter the name of at least one drug . Once completed , you can submit the list and youll move to Step 3 : Select Your Pharmacies . The database will show you pharmacies in your area . You can change the range of miles within your zip code from 1 , 5 , 6 , and 8 . The database provides phone numbers for the pharmacies . It is in your best interest to call the pharmacy and make sure they accept your particular Medicare Part D plan before venturing out to fill your prescription .


Input: When Do I Sign Up For Medicare?

Output: Most people are automatically enrolled in Medicare Part A and Part B when they turn 65 . If you are disabled under Social Security rules , you will be eligible for Medicare after you have been on SSDI -LRB- Social Security Disability Income -RRB- for 2 years you qualify for Medicare A and B .


Input: Does Car Insurance Go Up When You Have An Accident?

Output: Rules vary from state to state . I am an agent in California and the answer is anabsoluteyes . If you are at-fault in an accident you will besurchargedfor that accident under the California proposition 103 guidelines . Driving record is a major rating factor in California . In other states there may be a little moreleniency Talk to your local agent about how anaccidentmay effect your rates .


Input: What Are Distributions From A Retirement Plan?

Output: Assuming youre addressing qualified retirement plans , all distributions are taxable as ordinary income to the plan participant . There is no basis in distributions . All distributions from a qualified plan are used in the provisional income test for Social Security benefit taxation . And distributions from qualified plans have required minimum distributions at age 70 .


Input: Who Pays For Social Security Disability Insurance?

Output: Everyone who pays into Social Security pays for Social Security Disability Insurance . SSDI benefits are funded the same way as Social Security benefits , which is from a payroll tax on all employers , employees , and self-insured workers . They are usually called FICA taxes , and they are managed by the Secretary of the Treasury .


Input: Who Pays For Social Security Disability Insurance?

Output: Well to be exact . Social Security benefits are paid for by taxable income and is federal . Tbis benefit is usually for retirement at Age 65 . Other circumstances like permanent or serious injury that causes a person the inability to perform living activities or job functions will be administered earlier to.help with living expenses . There is no premium and you may consider paid when you received your paycheck .


Input: How To Find The Cheapest Auto Insurance Quote?

Output: Shop , shop around . Shop online and over the phone to get the lowest rates possible . Buying auto insurance online is becoming more popular because of the convenience and flexibility it offers . Also calling auto insurance agencies are a great way as well ; some agents will shop multiple companies over the phone and give you the lowest price and you can purchase right on the spot . There are many service providers available online which makes it easy to get your automobile insured without even moving out of your home . The online agency provides all the relevant information necessary for the process and also provides an instant comparison of insurance rates from various service providers at a glance . You can save time and effort that you would have to otherwise spend on doing the research yourself or going out . Online or over the phone is a great way to save and find the cheapest auto insurance quote .


Input: Will Medicare Pay For A Zero Gravity Chair?

Output: Medicare covers 3 types of `` lift chairs '' -3 position , infinite lift , and zero gravity . Medicare only pays for the `` lifting mechanism '' . Each company may cover this item in varying degrees . I would suggest that you go the dealer you wish to purchase this item through and let them interface with your insurance company to tell you how much your company is going to cover and how much you will have to pay . The possibility of medicare covering this item in full is small


Input: What Affects Home Insurance Premiums?

Output: Several factors are used to calculate homeowners insurance . Some of the major factors are type of home , territory , claim history , credit -LRB- yes , several states are using personal credit as a rating factor . -RRB- . The best way to shop for home insurance is with an independent agent . Why ? Because independent agents have access to several different companies , not just one , and they can compare plans and explain the difference between each . When it comes to home insurance , one policy does not fit all so you want to make sure you get the policy you need .


Input: What Amount Of Life Insurance Should I Have?

Output: Life insurance is an indemnification product to protect the policy beneficiaries of the insured . If you have people who depend on you financially , you need life insurance . You need to consider three main areas in tabulating the amount necessary to protect your beneficiaries from suffering economic loss at your demise . You need to create a list all debt -LRB- like a mortgage , car loans , credit cards , student loans , future obligations -LRB- like education for your children and weddings -RRB- as well as your earning power until you retire . Adding up each category will establish a solid foundation for the amount of life insurance you need .


Input: What Amount Of Life Insurance Should I Have?

Output: Your question requires you to answer several questions first such as what your loved one/s could live on in the event of your death and absence of your income . What amount would help them pay monthy bills for at least one year or however many years you wish ? You may want to factor college tuition/vocational training expenses for children . Your budget can also be a determining factor in how much insurance coverage your buy and although there are other considerations ; these are a couple of major points to think about when choosing the level and type of life insurance .


Input: What Amount Of Life Insurance Should I Have?

Output: Start by computing your current salary times the number of years to retirement and factor in a 3 % average wage increase annually . You will be astonished at how much money you will probably earn . If your family is deprived of that income , plus the shocking loss of you , what will be the impact ? Is it reasonable that your spouse could continue to care for the children while meeting the financial needs of the family ? Are there aspirations for your children ? Do you want them to go to college ? You are very important to your family , dont underestimate your worth .


Input: Who Regulates Auto Insurance In Illinois?

Output: The Illinois Department of Insurance is the regulatory body that oversees not just the insurance carrier but also the insurance agents . If you have complaints or questions then the best way to contact them is : WEBSITELINK You will find a contact us link at this link to assist you with your questions .


Input: Who Gets My Life Insurance If I Die?

Output: Who gets your life insurance when you die ? Who do you want to get it ? Did you name a beneficiary ? If you did , that would be who gets your life insurance proceeds . If you failed to name a beneficiary , the proceeds would be moved into your estate and subject to probate .


Input: Who Gets My Life Insurance If I Die?

Output: If you are the insured person for a life insurance policy , and you pass away , the death benefit would go to the beneficiary or beneficiaries named in your policy . If you own life insurance on another person , and you die while the insured person is still alive , your life insurance policy would then be owned by the contingent owner . If you do not have a contingent owner , it would go to your estate .


Input: Who Gets My Life Insurance If I Die?

Output: When you purchase your Life Insurance policy , you have the opportunity to name your Beneficiary . This is the person or entity who will receive the proceeds of your policy when you die . You also have the chance to name a contingent Beneficiary as well . This person or entity would receive the proceeds in the event that your Primary Beneficiary for some reason could not . If you fail to name a beneficiary , the proceeds would be paid to your estate and therefore subject to probate , taxes and creditor claims .


Input: Who Gets My Life Insurance If I Die?

Output: Life insurance death benefit proceeds go to the beneficiary of the policy . Those proceeds , for most scenarios , go tax free , i.e. some are taxable . When the insured dies , the life insurance company will perform a verification process of the claim and its beneficiary rights . This can take from 30-60 days , but perhaps longer , if the claim comes within two years of the issuance of the policy .


Input: What Is The Cheapest Renters Insurance Company?

Output: The company providing the cheapest renters policy is the one that your agent recommends that stands beside you and pays as much as possible when you have a claim . Any savings you could have realized doing things on your own will probably be insignificant when compared to having appropriate limits and all the coverage that you really need . See an agent , they will listen , provide good advice and communicate clearly with both you and the insurance company .


Input: Does State Farm Renters Insurance Cover Earthquakes?

Output: Earthquake is usually not covered if would fall under earth movement . Some carriers do cover it but not many . Many time you can buy a separate policy for this type of coverage . Depending on your state . I would recommend talking to you agent and see what they have available . .


Input: Which Health Insurance Covers Bariatric Surgery?

Output: Any and all insurance carriers will only cover Bariatric Surgery -LRB- or any other procedure for that matter -RRB- if it isdeemedmedically necessary and is n't excluded within the policy itself . Typically though , this type of procedure is more often than not considered elective andtherefore . . not covered . It is important to understand what your policy covers prior to having any procedures scheduled . Rule of thumb ; If it 's elective , it 's not covered !


Input: Where To Get Home Insurance?

Output: The first step in buying homeowners insurance is to go to your trusted insurance agent . That agent should listen to you , provide solid financial advice and communicate clearly with you and the insurance company . The agent will help you select appropriate limits . The time you have a claim is not the time to discover that you have inadequate insurance . In that regard , my counsel is to select the highest liability limit available .


Input: Where To Get Home Insurance?

Output: Home insurance can be obtained numerous property and casualty insurance companies . If you currently have auto insurance , you may start with that company as having both auto and homeowners policies with the same company can provide discounts that reduce your overall cost . You can also get quotes online from companies such as State Farm , Farmer 's , Liberty Mutual , and Allstate . While these companies will provide quotes for their own companies , getting a quote from an insurance broker or AAA insurance can provide quotes from several different companies and may provide your best opportunity to find the lowest cost . Be sure to speak to an experienced insurance agent to ensure you have proper coverage . Just because once company has the lowest price does n't make it your best option . Be sure understand deductibles and riders such as earthquake insurance .


Input: Does Renters Insurance Cover Carpet Replacement?

Output: Only if the damage to the carpet was caused by a covered loss . Be aware you will more than likely still be subject to your policy deductible even if the damage is covered under your policy . Please read your policy completely to understand the coverage provided and any exclusions that there may be .


Input: How Much Is Medicare Health Insurance?

Output: If you are talking about Medigap -LRB- or Medicare Supplement -RRB- Insurance , that would vary according to the company and plan you select . Some Medicare Advantage Plans offer 0 premium . Medigap Insurance premiums could be any where from $ 30 per month to $ 300 a month or more depending on where you live , your age , the plan , and the company .


Input: How Much Is Medicare Health Insurance?

Output: Medicare Part A is `` free '' for most who meet the requirements for Medicare . Medicare Part B currently has a monthly premium of $ 105 for most people in 2013 but will be higher for those with higher incomes . Medicare Part D is a prescription drug plan available through private insurance carriers and has a monthly premium that varies by plan and zip code .


Input: How Much Would Car Insurance Be For A 25 Year Old?

Output: Age alone is not the sole determing factor for pricing auto insurance in California . In California the policy is priced based on the driving record of the insured , the number of years the insured has been licensed , the year , make and model of the vehicle to be insured , the loss history of the insured , the location of the vehicle , and the use of the vehicle . While this list is not exhaustive it contains most of the important determinants . That being said a driver who is 25 and has been driving for nine years , would be considered an experienced driver and as such would probably pay the same as any other experienced driver , all other conditions being equal .


Input: Why Is It Important To Plan For Retirement?

Output: It 's very important to plan for retirement . You need to pay yourself first , which is exactly what retirement planning is . Paying your self today will determine how you live tomorrow .


Input: Why Do We Need To Plan For Retirement?

Output: You dont need to be concerned about retirement if you believe that you will receive all the Social Security benefits that you anticipate . You dont need to be concerned if you believe that your company pension plan will provide all the funds that you anticipate . You dont need to be concerned if you are confident that you can take a 60-80 % income reduction without suffering . Otherwise it is a good idea to plan for retirement .


Input: Why Do We Need To Plan For Retirement?

Output: Social Security does not provide enough income to live comfortably during your retirement years . That is why we need to plan for retirement . By planning far enough in advance , you can save money and create income streams during retirement to supplement Social Security income . You can buy insurance to pay for long term care costs -LRB- including home health care -RRB- and funeral expenses so that you will not be a burden to your family . People are living longer and spending more years in retirement . Without planning , those years may be more stressful and less enjoyable than they could be .


Input: What Is A Renters Insurance Deductible?

Output: A deductible is the amount you the insured will pay if you have a claim . The higher deductible you take when you purchase a policy the lower your premium will be since you assume a little more risk yourself . For example , If you have a $ 500.00 deductible and you have a $ 2,000.00 loss then you pay the first $ 500.00 -LRB- your deductible -RRB- and the insurance company pays the $ 1,500.00


Input: Why Is Renters Insurance So Cheap?

Output: Renters insurance is probably the single most affordable insurance on the market that delivers the most coverage . Renters insurance premiums are low because insurance carriers have a positive loss experience with renters polices . Also renters polices are not insuring dwellings so there is a difference in that respect . The liability alone that you get from a renters insurance policy is worth the price you pay . There really is no excuse to not have renters insurance but unfortunately to many people get caught without this coverage and suffer the ramifications of a loss . I have known clients who refused to buy renters insurance because they believed nothing would happen to them just to see them suffer a heavy loss and all to save a few dollars . There is also a great and common misconception that that landlord will cover the loss . This is absolutely not true .


Input: Does PCOS Affect Life Insurance?

Output: PCOS -LRB- Polycystic Ovary Syndrome -RRB- can affect life insurance , depending on the severity and treatment . If you are taking metformin for control of your PCOS , be sure that you use a company that will distinguish that from having diabetes . Using an impaired risk life insurance agency can help you get an accurate quote and avoid being put with a company that will treat you unfairly .


Input: What Is Partial Disability Insurance?

Output: Partial Disability Insurance is a benefit provided for partial disability . That means that the worker can work part time , or bring in part of his/her normal income , but is unable to bring in his/her normal wage due to lingering effects of the injury or illness . Partial Disability insurance will pay a partial benefit to help compensate for that reduction in income .


Input: Can I Deduct Home Insurance Premiums On My Taxes?

Output: This is more of a question for you to discuss with your Tax Professional as opposed to your Insurance Professional . Given your particular situation , in some very specific cases you may find that it may be possible to include at least a portion of the premium that you pay for your Homeowners Insurance to qualify for some sort of a deduction . Do n't do it on your own , though , always consult your Tax Professional for questions such as these .


Input: Does Renters Insurance Cover Damage To The Property?

Output: Renters polices typically say $ 0 under coverage A on your declarations page in your policy . Therefore , no coverage would exisit . Renters polices contain coverage for your contents , your belongings and usually liability protection in the event you are sued .


Input: Is Homeowners Insurance Paid Up Front?

Output: In theory that is correct . Your mortgage company pays an annual premium if your premium is paid out of an escrow account . With the advent of the widespread use of computers companies have found ways to extend payment schedules . On property policies , in particular , the requirement for the premium to be posted must be met before the period of coverage starts .


Input: Is Homeowners Insurance Paid Up Front?

Output: In Connecticut , when one is buying a home , the mortgage companies will typically require the first year 's premium to be fully paid prior to closing . If the future payments are then to be made from an escrow account , that will be done for the following year upon renewal . Even if you are paying the Insurance Company directly , however , each payment that you make is for coverage moving forward . If you pay the full amount on renewal , you are paid for the full 12 month policy period beginning at the renewal date . If you have a monthly pay option , then each payment that you make is for a months ' worth of coverage . So in effect , you are paying for future continuous coverage or paying `` up front '' .


Input: Does Medicare Part B Cover Prescription Glasses?

Output: Medicare Part B does not cover routine vision exams and eyeglasses . However ... Prescription eyeglasses with standard frames -LRB- or one set of contact lenses -RRB- is covered by Medicare after cataract surgery that implants an intraocular lens . In addition to the above requirement , Medicare will only pay for contact lenses or eye glasses if you purchase from a supplier who is enrolled in Medicare . You are responsible for paying 20 % of the Medicare - approved amount , and the Part B deductible also applies . If you have Medicare Supplement insurance , the Part B deductible and co-insurance may be covered .


Input: Does Whole Life Insurance Have Cash Value?

Output: Yes , whole life insurance is designed to have cash value accumulate over time . This `` cash '' can be used to purchase additional insurance , decrease premiums or borrow from the policy . Typically , when the insured dies , the cash value is NOT part of the death benefit . This is perhaps the most misunderstood fact about whole life .


Input: Does Whole Life Insurance Have Cash Value?

Output: Whole life insurance is designed to have cash value . The policy-owner pays a fixed , level premium and cash values accumulate at a stated interest rate and are guaranteed to grow over time provided the premium is paid . Many whole life policies also participate in policy dividends which are not guaranteed but , when paid , can add to the cash and death benefit values of the policy .


Input: Does Whole Life Insurance Have Cash Value?

Output: You betcha ! That is a major reason folks buy this product . It takes about 1 1/2 yrs before you see some growth , since the cost of establishing the program has to be made up by the carrier . But then you will see steady growth , in good times and in bad , with no exceptions . You can then borrow against it , and even never pay it back , keeping the money tax free -LRB- although it will affect the death benefit -RRB- . You can fund college education with it , or even your retirement . So over time , it actually is less expensive to buy whole life than term . Thank you . GARY LANE .


Input: Does Whole Life Insurance Have Cash Value?

Output: That is a great question ! Whole life policies do indeed have a cash value feature . It is one of the really good reasons to consider purchasing one . After a few years , the policies can start accumulating funds fairly quickly . They are easily accessible , and are tax free and generally at very low interest rates . It is an excellent way to get money quickly , especially if the banks wo n't give it to you . I hope that helps , thanks for asking !


Input: Does Whole Life Insurance Have Cash Value?

Output: Whole life insurance can accumulate cash values . Participating whole life can accumulate additional cash values if thepolicyis designed with amaximumterm rider and a paid up additions rider . This tactic could be part of a long termstrategyfor savers.Dividendsup to basis can be withdrawn tax free and policy gains through policy loans . Keep in mind that policy loans charge use a spread loan interest rate and afewcompanies use a more expensive , direct recognition policy loans . The big caveat here is that the policy must be kept in force for the life of the insured . If the policy was surrendered , all gain in the policy via loans , distributed and internal , would be subject to ordinary income tax .


Input: What Does It Mean When Life Insurance Is Paid Up?

Output: When life insurance is paid up , it simply means that no further premiums are required to keep the policy in force . The policy may have been set up to where you only needed to pay a single premium in a lump sum . Or it may have required that you paid premiums for a certain number of years , and then it became paid up . In any event , you owe no more premiums and your beneficiary would receive the full face amount or more , if you passed . Or you may have decided to quit paying on the policy early , and were given theoption to take it as a reduced paid up policy . In this case , the face amount will be less than what you originally applied for , but the reduced face amount will stay in effect without you paying any more premiums .


Input: What Does It Mean When Life Insurance Is Paid Up?

Output: If a life insurance policy is `` paid up '' it simply means no further premiums are due . Some whole life policies are designed to be paid up at a relatively early duration e.g. Policy Year 20 , Age 65 , etc. . The premiums for these policies are relatively high as a result . In comparison , in most cases , whole life policies are designed to have required premiums to age 95 or 100 or later . Such policies have relatively low premiums . It is important to note that policies which use policy dividends and/or the cash value of Paid Up Additions to offset the required premiums due at some future point are not `` paid up '' .


Input: Does Obamacare Make Health Insurance Mandatory?

Output: Beginning in 2014 , most individuals will be required by Obamacare to purchase health insurance or provide proof of health insurance coverage through an employer or government health insurance plan . Your plan must meet the minimum requirements as specified by Obamacare or else you will pay a penalty tax . For individuals the penalty starts at $ 95 per year or 1 % of your income , whichever is greater .


Input: Where Do You Get Annuities?

Output: You can get annuities through any life insurance agency that sells them . Most annuities must be sold face to face , so contacting a local life insurance agency is one method to buy annuities . You can also do some shopping on the internet with website life insurance agencies that sell them .


Input: Where Do You Get Annuities?

Output: An annuity is a mortality product manufactured and distributed by life insurance companies . Life insurance companies may sell direct online and through other marketing mediums , but most sell through brokerage channels and some through career agency channels and a few companies use both . The best shopping method fir annuities may be to contact an independent agent or registered representative that have access to the vast inventory of annuity offerings .


Input: Does AAA Offer Long Term Care Insurance?

Output: AAA does not offer Long Term Care Insurance themselves . Rather , they will provide quotes from a number of companies that offer it , such as Genworth , Mutual of Omaha , and Prudential . To get quotes from these companies by talking to an agent , call any broker offering Long Term Care insurance .


Input: What If Both Spouses Have Health Insurance?

Output: That 's a great question ! The good thing is that you both have coverage , the bad thing is you are probably paying too much , and will create paperwork headaches for your insurance companies . The suggestion I 'd make is that you both compare plans , and ask your HR or plan administrators who benefits most by adding their spouse , and then drop the lesser option . Thank you for asking !


Input: What If Both Spouses Have Health Insurance?

Output: If both spouses have health insurance , a coordination of benefits -LRB- COB -RRB- occurs . Make sure that both insurances know about the other . The health insurance of the person who was born earlier in the year becomes the primary insurance . Any referrals or restrictions on the insurance come from this plan . The second insurance then pays some or all of the remaining amount . Often , having both members having insurance does not make financial sense because you are paying more for the combinrd insurances than you are receiving in benefits from them . This is not always the case however , and you should discuss your individual situation with an expert .


Input: What If Both Spouses Have Health Insurance?

Output: That will depend upon how you are covered . If you are both covered as Employee Only at your respective employers then neither of you is covered as a dependent on the other 's health plan and you are covered subject to your plan 's benefits and your spouse is covered subject to their plan 's benefits . The same situation would apply if you were both covered under separate individual major medical plans . The issue of coordination of benefits only comes into the picture if one or both of you are covering each other as dependents on the two plans you are covered under . This is a relatively rate situation in 2014 though it was not that uncommon many years ago . If for some reason one or both spouses is covering the other as dependents then the coordination of benefits rules would apply . The spouse who is born earlier in the year will have the coverage that is deemed `` primary '' in this double coverage scenario and then the other spouse 's coverage would come in on a `` secondary '' basis and pay towards any amounts not covered by the primary plan . At most you would achieve 100 % coverage but in no case would the combined payout from both policies exceed the total claims amount .


Input: What Are Endorsements In Homeowners Insurance?

Output: Endorsements are amendment forms that change the terms and conditions of a basic insurance policy , in this case , a Homeowners ' policy . I 'll give you an example to illustrate . Most Homeowners ' policies exclude coverage for damage caused by earth movement . This can be anything from an earth quake to a sink hole to any form of erosion . In most cases , this coverage can be added by amendment to the policy by attaching an endorsement that would extend coverage for this type of loss . One coverage exclusion that can never be added by endorsement to a Homeowners policy is Flood . Only a separate Flood Insurance policy will protect you for that type of loss .


Input: How Does Flexible Universal Life Insurance Work?

Output: Flexible Universal Life Insurance has four policy types : current assumption universal life , indexed universal life and variable universal life -LRB- VUL -RRB- . -LRB- Guaranteed universal life in terms of flexibility does n't fit the adjective in the question , which is why its omitted . -RRB- There are two sets of rates : current company practice and contractual guarantees . The cost of insurance , front end premium loads , policy fees , admin charges and the credited earnings -LRB- or losses , in the case of VUL . -RRB- These three may have flexibility of altering the premium and death benefit to contour with the financial changes of the policy owner .


Input: Does Obamacare Raise Medicare Premiums?

Output: Does Obamacare raise medicare premiums ? Well it depends on who you ask , but most financial advisers who track medicare as part of their senior market clientele have suggest that it will raise premiums . They make their case on the reallocation of funds around 700 billion from Medicare into Obamacare .


Input: What Does Medigap Insurance Cover?

Output: Medigap plans -LRB- also known as Medicare supplement plans -RRB- help seniors cover the gaps in Original Medicare -LRB- Medicare Part A & Part B -RRB- . Original Medicare covers about 80 % of healthcare expenses - a Medigap plan can pay all or a portion of the other 20 % , depending on which plan you have . Supplementing your Original Medicare coverage -LRB- Part A & Part B -RRB- with a Medigap plan will help you limit your out-of-pocket expenses and allow you to see any doctor you want that accepts Medicare . Any doctor that accepts Original Medicare will also accept your Medigap plan . There are 10 different Medigap plans and they are all standardized - meaning each plan type is exactly the same from every insurance company regardless of who you have your coverage through -LRB- the only difference being the price you pay for your Medigap plan -RRB- . The 10 Medigap plans are plans A , B , C , D , F , G , K , L , M , and N. Each plan offers certain benefits some more comprehensive than others . The benefits that can be secured under a Medigap plan are : 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefits are used up 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment 5 -RRB- Part A hospitalization deductible 6 -RRB- Part B medical deductible 7 -RRB- Part B excess charges 8 -RRB- Skilled nursing facility co-insurance 9 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: What Does Medigap Insurance Cover?

Output: A Medigap plan , also known as Medicare Supplement insurance , is sold by private companies to help off-set the cost of some health care expenses not covered by Original Medicare does n't cover , like co-payments , coinsurance , and deductibles . One other huge benefit of any Medigap plan is the extension of your hospital coverage -LRB- paid under Medicare Part A -RRB- by an additional 365 days . Some Medigap policies also offer additional coverage for services that Original Medicare does not cover , such as medical care when you travel outside the U.S. . If you have Original Medicare and you buy a Medigap policy , Medicare will pay its share of the Medicare-approved amount for covered health care costs . Then your Medigap policy pays its share . In most states , there are ten standardized Medigap plans , known by letters A through M. Regardless of that state in which you reside , or the company you purchase Plan A will always provide the exact same coverage as any other Plan A . The most popular plan is F , which covers 100 % of all patient cost sharing for Medicare-covered expenses . Plan G is also a popular option , often significantly cheaper than Plan F , with almost the exact same coverage -LRB- G covers everything F does , expect your Medicare Part B deductible -RRB- .


Input: What Do I Need To Know About Annuities?

Output: Non-qualified annuities accumulate tax deferred and have three crediting methods : fixed interest rate crediting , indice crediting or fixed interest rate crediting , indice crediting or separate subaccounts using equity and bond instruments . You can access annuities through withdrawals , which may have surrender charges , or fixed payment schedule like 10 or 20 years certain or annuitization . All gain is subject to ordinary income tax . A personal financial profile needs to be conducted , including risk tolerance assessment to determine product suitability .


Input: Can You Apply For Life Insurance While Pregnant?

Output: Yes , there are some companies that require medical underwriting that will allow a pregnant woman to apply in her first two trimesters . There are some No Exam companies that will allow a woman to apply while pregnant in any trimester . You must be within the policy 's weight guidelines and not be experiencing complications due to pregnancy in order to obtain a policy while pregnant , unless the policy has very few health questions -LRB- simplified or guaranteed issue -RRB- , in which case those things might not matter .


Input: When Is A Life Insurance Policy Paid Up?

Output: Many permanent type policies can be `` paid up '' meaning that no further premiums are due on the policy for it to stay in force until the insured 's death . There are several ways to do this from making a single payment which is often done at older ages , to `` 7 pay life '' which spreads the entire policy premiums equally over the first seven years . Other options also exist depending on the type and special options of each individual carrier .


Input: When Is A Life Insurance Policy Paid Up?

Output: A life insurance policy is paid up when you do n't owe any more premiums on the policy . At that point , all the obligation is on the part of the insurance company to pay you according to the terms of the contract , as your part in paying them has been completed . In a reduced paid up policy , you choose to quit paying premiums before the scheduled time , in exchange for a policy that has a lower face amount than originally agreed upon .


Input: Can I Drive My Parents Car With Their Insurance?

Output: Sure you can . But there may be coverage issues for you and/or your parents . If you live with your folks and the insurance company does not know you are a household driver , they could deny coverage to you and/or your parents for that omission if there is a claim . If you do not live with them , most insurance companies will cover you as a permissive driver . But the operative word there is `` most . '' This is a good question we often get from out clients BEFORE the situation occurs to avoid any potential problem . I suggest your call yours or your folks ' insurance professional for clarification .


Input: Can I Drive My Parents Car With Their Insurance?

Output: If you do not live with your parents you may drive your parents auto with there permission . However I recommend that your parents first check to make sure they have permissive driver coverage . If you live in the household you are required to be listed on the policy , otherwise a claim could be denied .


Input: Can I Drive My Parents Car With Their Insurance?

Output: Typically , you can drive your parent 's car , assuming you are not excluded on their policy and their contract extends to other drivers . Normally , insurance is written on vehicles , and not persons -LRB- with some exceptions -RRB- , so you should be covered . But , it 's always best to check with your broker and/or your parent 's broker to be 100 % certain .


Input: What Is Bajaj Allianz Life Insurance?

Output: Bajaj Allianz is an insurance group that deals primarily with residents of India . They provide a wide range of insurance plans and do most of their business over the internet . They have a website . It has only been in the past 15 years or so that the Indian insurance market has been opened to companies that are linked to international companies ; this is one of those companies .


Input: How Do I Know If I Need Disability Insurance?

Output: If you or your family would be put in an extremely difficult situation if you were to become unable to work for over a couple of months , you need Disability Insurance . While it will not replace all your income , Disability Insurance can keep a short term setback from becoming a tragedy from which you can not recover financially .


Input: Where Are Annuities Used?

Output: Annuities are used to provide an income that you can not outlive . They have a favorable tax treatment which makes them valuable in accumulating wealth over a relatively long period of time . This is primarily due to the treatment of interest inside an annuity . Annuities have been the instrument of choice in many supplemental retirement programs .


Input: Where Are Annuities Used?

Output: Annuities are used in these 10 places plus more : 1 -RRB- The annuitant 's retirement years , as an income stream . 2 -RRB- In an IRA , to fund it . 3 -RRB- If self employed , in a Keogh-type retirement plan . 4 -RRB- Pensions plans , when used by businesses to fund them . 5 -RRB- Next to a pension plan , to supplement it . 6 -RRB- After the sale of a home or business . 7 -RRB- By grandparents , to pass money to grandchildren . 8 -RRB- If a variable annuity , for growth . 9 -RRB- When receiving a lottery prize , life insurance proceeds , or bonus . 10 -RRB- When unable to qualify for life insurance .


Input: Where Are Annuities Used?

Output: Tax deferred annuities are used in qualified retirement plans and non qualified income scenarios . There are three basic crediting methods for savers and investors to consider : interest rate , indices and separate sub accounts . Recently many consumer have been concerned about new life expectancy projections and select a life time income option they ca n't outlive .


Input: What Company Has The Cheapest Renters Insurance In Pennsylvania?

Output: Have you seen that esurance TV commercial -LRB- WEBSITELINK -RRB- ? Everybody wants CHEAP insurance and almost any insurance can give you CHEAP insurance ... . But the reality is that you get what you pay for . Renters insurance is probably the most affordable coverage that you can find and will probably cost you $ 15 / month for great coverage . Make sure your policy has replacement cost on contents and includes additional living expenses . Saving $ 5 / month could wind up costing you thousands of dollars if you have the wrong policy . Check with an independent insurance agent who can look at multiple carriers and see what policy is right for you .


Input: What Company Has The Cheapest Renters Insurance In Pennsylvania?

Output: It is very difficult to say that there is one company out there that is the `` cheapest '' in Pennsylvania . There are companies that have better rates than others but a lot of premium rates have to do with the amount of coverage desired , the age and location of the applicant , and individual standards by insurance companies . My best advice to you would be to contact an Independent Agent , like myself . Independent Agents have the ability to quote your renter 's insurance with several different companies in order to find you the best rate that fits your needs . If you go to an AllState agent , or an Erie agent - you will only get a quote from what that company can offer . These are called Captive Agents and their resources are very limited .


Input: Can You Have Multiple Disability Insurance Policies?

Output: Assuming that you mean multiply disability policies on yourself , you can have more than one contract , but the total individual disability policy benefits generally cant exceed 60 % of your compensation , 80 % of your compensation if you can deduct the premium as a business expense . In addition to individual disability , you can also cover retirement contributions . The business scenario can also include business overhead and bank loans .


Input: Is My Ipad Covered On Home Insurance?

Output: A homeowners policy covers damages to personal property . Although limited , there is extended coverage to personal property that is not in the residence . The company will repair or replace the damaged item on either an actual cash value -LRB- what is it worth today -RRB- or a replacement -LRB- what will it cost to replace -RRB- basis . The amount that you recover will be reduced by the amount of your deductible .


Input: Will I Be Fined If I Do Not Have Health Insurance?

Output: Under the new Affordable Care Act you will have an Open Enrollment period that will las t from October until March of 2014 during which time you will eed to select a health insurance policy . Failure to do so will result in a tax penalty and will be deducted from any refund or increase the amount of tax you will have to pay . It is not a criminal offense and a fine is not involved unless of course you refuse to pay your tax .