Input: Can You Have VA And Medicare?

Output: Yes , you can have VA and Medicare . However , in order to use health care benefits provided by the VA -LRB- Veterans Administration -RRB- , you must receive your health care at a VA facility . Medicare does not cover services provided by a VA facility . Medicare benefits can be a good supplement to VA benefits though , covering what the VA does not cover .


Input: Does Homeowners Insurance Cover Damage To Your Car?

Output: You look to your auto policy to pay for damage to your vehicle . Your homeowners policy normally excludes coverage for your automobile . There is property damage coverage in your homeowners policy . That coverage could apply if something that you did caused damage to someone elses car . It wouldnt apply to damage to your car .


Input: Does Homeowners Insurance Cover Damage To Your Car?

Output: Under normal circumstances a homeonwers policy will not pay for damage done to your vehicle . Your auto policy may provide coverage if you have comprehensive coverage up to the policy limits less the policy deductible . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within the policy or contact your local agent to have them go over the policy with you .


Input: Will Medicare Pay For Excess Skin Removal?

Output: Unfortunately , no . When you 're looking to have excess skin removed and it 's an elective procedure you want to have completed , Medicare is not going to cover it and you will need to pay for it out of pocket . If a doctor deemed it to be a medically necessary procedure , Medicare may provide some coverage for it .


Input: Does Homeowners Insurance Cover Tree Damage?

Output: It 's the homeowner 's responsibility to remove dead or damaged trees before they fall . Homeowners insurance will not cover dead or damaged trees . Homeowners insurance will cover resulting damage and the cost to cut up the tree if the trees falls on covered property . If a tree falls over but does not hit covered property , there is no coverage . If your neighbor 's tree falls on your property , your neighbor is only responsible for the portion of the tree located on his property . The portion of the tree on your property is your responsibility even though it 's not your tree .


Input: What Is Whole Life Insurance Versus Term Life?

Output: There are several difference between Whole Life and Term Life Insurance . Put very simply , here are some : 1 -RRB- Term life insurance lasts for a `` term '' ; Whole life lasts for one 's `` whole life '' . These both depend on payments to last that long . 2 -RRB- Term life insurance does not have cash value ; Whole life insurance has cash value . Again , how the policy and payments are set up will determine the amount of cash value . 3 -RRB- Term life insurance only protects against death ; Whole life has options to use the policy while alive . There are some Term policies that now offer `` living options '' , as well ; however , Whole Life offers even more options than those .


Input: What Is Whole Life Insurance Versus Term Life?

Output: I am going to keep this simple . Let 's start with Term Life . Term Life Insurance covers you for the term you selected . The common term periods are 10-15-20-30 years . The premiums are usually guaranteed for the entire period of time . If you find a company that does not provide this guarantee , then I would shop around . Talk to your agent . After the term , the policy goes into what is referred to as annual renewable which can give you continued coverage however the rates are no longer guaranteed . Whole Life Insurance is permanent insurance designed to provide death benefit coverage until you die , your entire life , whether that is tomorrow or at age 105 . Not all companies are the same so be sure to do some homework . Whole Life Insurance is the oldest type of Life Insurance available and is usually the most expensive . Whole Life guarantees the premium you pay as well as the cash value you will have at a given time . Whole Life -LRB- WL -RRB- , a true WL policy pays dividends which can go back into the policy for more death benefit & cash value are pay you direct . There are usually several add-on 's or riders you can add to the policy to increase your coverage , add a child or spouse and on . Depending on what you are trying to achieve with the Life Insurance , both Term Life & Whole Life may be the answer . I would recommend talking to your agent/broker to help you decide how each of these will fit .


Input: What Is Whole Life Insurance Versus Term Life?

Output: Lets use the analogy of living in a home . You basically have two choices : to buy , or to rent . Suppose you rent . Why would you do that ? First of all , you dont have to put any money up . Nor do you have to pay any real estate taxes . Nor do you have to pay for any maintenance . Its basically a cheap way to put a roof over your head . But , you always have the option to buy . Suppose now you buy . Why would you do that ? Equity . You have something to show for your money . Your home attains a monetary value that can be exploited . Of course , it costs more . But you get more . And you still get a roof over your head . This model is useful for understanding life insurance . Term insurance is like renting a home . Its a pretty cheap way to get the coverage you need . No equity , no added value . But you can convert it to a permanent policy . Whole life equates to buying a home . You pay more , but you get more . There is cash available for you to use , in addition to the survivor benefit for your heirs - that roof over your head . Make sense ?


Input: How Long To Keep Disability Insurance?

Output: What ever time period you plan on working full time , is the length you want to purchase cover for . Most Americans have less than 90 days in cash reserves , so disability insurance acts like paycheck protection to help pay bills until you recover . Most people plan on working until age 65 , so you should have cover for at least that period .


Input: How Is Medicare Funded?

Output: Medicare has several parts . Medicare Part A covers Hospital Benefits ; Part B covers physician & outpatient services ; Part D covers prescription drugs . Also , a Medicare Supplement can be purchased to cover gaps in Part A & B. All of that to say that Medicare claims are funding from a combination of resources . The primary source of funding comes from taxes typically withheld from your paycheck -LRB- 1.45 % -RRB- . Part A is covered 100 % by the government ; Parts B & D are subsidized by the government , paying a portion , while premiums collected are supposed to pick up the remaining . Major reductions in claim payments from the Medicare side are currently being implemented in order to help fund the Affordable Care Act -LRB- aka Obama Care -RRB- . Reductions in reimbursements to doctors & hospitals have already begun . Also , the implementation of Accountable Care Organizations -LRB- designed to determine what procedures are necessary ... surgery or a pill -RRB- will also dramatically reduce costs . All this to save the government money on Medicare funding .


Input: Can Credit Card Companies Go After Life Insurance?

Output: Credit card companies can go after life insurance proceeds if the person who passed , who is also the person with credit card debt , named their estate as beneficiary of their policy . If the insured person named an individual as beneficiary , the credit card company can not go after that person unless they also shared in the debt along with the insured .


Input: Is Long Term Care Insurance Considered Self Employed Health Insurance?

Output: No , long term care insurance is offered by insurance companies to mitigate the cost of assisted living and nursing home care . It pays for ongoing assisted care , generally during the later years of retirement when seniors need some degree of help and assistance in their daily lifestyle as they grow older .


Input: How Much Does Medicare Allow For Cataract Surgery?

Output: Cataract surgery is generally performed under Part B . It will cover 80 % of the approved amount . If the doctor accepts Medicare then he will be required to accept whatever Medicare approves . You are only responsible for 20 % . Some states allow 15 % excess charges over what Medicare approves . The exact amount Medicare approves would depend on the way the charge is billed . Ask your doctor what Medicare usually pays . This may help give you an idea of your responsibility .


Input: Where To Buy Universal Life Insurance?

Output: Premier Financial Alliance sells Equity Indexed Universal Life Insurance . In my opinion , it is the very best kind of Universal . It goes up when the market goes up , but does not go down when the market goes down . It locks in your gains . It can very far surpass the value of virtually all regular universal policies , while also providing full living benefits ! GARY LANE , garylane@cox.net, 714 422 9616 . Thank you .


Input: Where To Buy Universal Life Insurance?

Output: That is a great question ! Most companies that sell term and whole life insurance will also sell universal life insurance policies . I 'd like you to really make sure that you understand how these policies work before you purchase one , though . these are not simple , straight forward policies like term or whole life policies are . They are complicated , and have much greater risk than the other two . Look at what the rates of advertised returns are , and ask the agent what the historical returns have proven to be - if they do n't know , or seemed surprised you asked , bail . Contact me , if you 'd like more information on why this may or may not be a good fit for you , okay ? Thanks for asking !


Input: Where To Buy Universal Life Insurance?

Output: The same companies that carry Term Life Insurance often carry Universal Life Insurance , and most agencies that sell Term also sell UL . When purchasing online , you will want to work with a licensed agent who has some experience , so they will understand the in 's and out 's of Universal Life . There are several types of Universal Life Insurance . Guaranteed UL allows you to lock in a level premium that will guarantee the policy to pay the death benefit to a certain age . This guarantee might be 20 years from now ; it might be to age 121 , or something different . It is important to select a guarantee to avoid the problems Universal Life presented in the past , when people bought while interest rates were high , and their policies started lapsing much earlier than anticipated when interest rates dropped . There are also many Universal Life policies that do not have `` no lapse '' guarantees . How long your coverage last relies on what the interest rate and cost of insurance are at any given time . Variable Universal Life allows you to invest in the stock market , with the potential for more growth -LRB- and more loss -RRB- than other UL policies . Indexed Universal Life allows you to take advantage of some modest gains by allocating premium to equity index accounts . While it does not have as much cash growth potential as VUL , it has much more protection from losses . Added to these are Survivor Universal Life policies off all types . These cover two people , and pay when the second person dies . Again , you 'll want to use an experienced agent when you buy UL . There are many knowledgeable agents on this website who can help you .


Input: Where To Buy Universal Life Insurance?

Output: There are many companies that offer universal life insurance , however , the products can vary substantially between carriers . The first thing you want to find out is which products are guaranteed universal life programs , meaning even if the cash value hit $ 0 , the policy will still pay a death benefit as long as you keep paying your premiums . Current assumption -LRB- non-guaranteed -RRB- universal life programs can seem great on paper , but carry a lot of risk - if the cash value hits $ 0 under these programs , then the policy crashes and you 're left with no benefits . You would subsequently have to keep paying more and more into the policy at higher amounts to keep it going . When comparing the plans from each carrier , you want to look at what risk class you qualify for -LRB- this determines the premiums - not every carrier is going to offer the same risk class for a given medical profile -RRB- , the cost of insurance under the plan , the interest rates -LRB- guaranteed vs. current -RRB- , and the cash value build in the policy . Work with an independent life insurance agent/broker so you can compare quotes from multiple carriers and review the benefits under each program available in the marketplace with someone who has the knowledge of how the programs work and which one will offer you the most favorable benefit structure . If you 'd like my assistance or have any questions , send me a message using the `` contact me '' button .


Input: What Are The Advantages And Disadvantages Of Life Insurance?

Output: What are the advantages and disadvantages of life insurance ? The advantages of owning life insurance are many as others have already noted . So I will focus on the one advantage life insurance has over any other product or investment option . Life insurance is the only product that instantly creates a pot of money upon the death of the insured . No other product can do this . Every other choice , the money has to be in your account in advance . The biggest disadvantage to owning life insurance is that it is a boring product that simply does it 's job . You will not impress your friends or others at parties when you talk about the performance of your life insurance plan.Cheers .


Input: What Are The Advantages And Disadvantages Of Life Insurance?

Output: Some advantages of life insurance are : 1 . Being able to leave money to provide for those who would be financially hurt by the insured person 's death , 2 . Not having to wait years to save up this amount of money , 3 . Life insurance normally being exempt from income tax , 4 . Life insurance normally being able to bypass probate , 5 . Policy owners being able to choose their own beneficiaries , 6 . Beneficiaries being able to use the death benefit as they see fit . 7 . The versatility and availability of so many different policies to choose from . The disadvantages could be : 1 . Having so much life insurance that one does not have a good quality of life , when your beneficiary really wo n't need that much . 2 . Getting Life Insurance when what the clients really want is a potentially high paying investment , and they are OK with risk . 3 . Having to qualify for Life Insurance medically can be a disadvantage for those with poor health .


Input: What Are The Advantages And Disadvantages Of Life Insurance?

Output: The advantage of life insurance is that it addresses the possible loss people you love will sustain if you die prematurely . The disadvantage is that there is a cost involved . People frequently disregard life insurance because they are squeamish about the subject or do not want to alter their current spending patterns .


Input: What Are The Advantages And Disadvantages Of Life Insurance?

Output: There are plenty of advantages to life insurance and no disadvantages . There are disadvantage of any life insurance policy is that it may be unsuitable for the policy owner based on budget , risk tolerance , liquidity needs and inappropriate polices for the planning goal . The two indemnification policies are Term Life Insurance and Guaranteed Universal Life Insurance . There are four income cash value life insurance policies : Participating Whole Life , Current Assumption Universal Life , Indexed Universal Life and Variable Universal Life .


Input: What Are The Advantages And Disadvantages Of Life Insurance?

Output: The advantages of having life insurance is knowing that your financial obligations will be taken care of and not a burden on your survivor . The disadvantage of life insurance is that for the vast majority the insureds do not match their Survivor 's need for cash upon their death with the ` Right Kind ' of insurance plan . Consider for example : a married insured whose Spouse relies upon their income to sustain the expenses of daily living . What is the ` Right Kind ' of Life Insurance plan and what is the ` Right Amount ' of death benefit ? Term Insurance 's disadvantage is the fact that very few deaths occur in the coverage period . Their need for income remains unprotected . Permanent plan 's disadvantage is the fact that only the wealthy can afford the face amounts required to support a Survivor 's need for lifetime income . Reversionary Annuity by design is the ` Right Kind ' of life insurance plan when Survivor Income is the need . It is much more affordable than Permanent plans and 100 % of the Surviving spouses will receive its benefit .


Input: Does Medigap Insurance Cover Prescription Drugs?

Output: Medigap/Medicare supplement insurance plans do not cover prescription drugs.For this coverage you will need a separate Part D prescription drug plan . I recommend contacting an independent agent who specializes in Medicare for assistance in locating a prescription drug plan that based on your prescriptions best suits your specific needs ...


Input: Does Medigap Insurance Cover Prescription Drugs?

Output: No , Medigap insurance plans do not cover prescription drugs . If you have a Medigap plan or are interested in getting in , you would need to add a stand-alone Part D prescription drug plan . I hope the information is helpful - please feel free to contact me for help with your Medicare Supplement insurance plans , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: What Are Fixed Income Annuities?

Output: Tax deferred , guaranteed fixed annuities offer a fixed interest rate over a fixed period of time , i.e. 5 , 7 or 10 years as an example . The interest rate is credited to the annuity policy and accumulates tax deferred until distributions , when gain is taxed as ordinary income at the annuity owners effective tax bracket .


Input: Turning A Commercial Building Into A Residential Building, What Type Of Insurance Would I Need?

Output: This is a little more complicated than it appears on the surface . The biggest determining factor is the use of the building . If the building is still being used for a business , it needs to be covered under a commercial package with property and liability coverage . If it is no longer being used for a business , you could insure it as a home . If it 's a major renovation it would be prudent to add a builder 's risk endorsement to the home policy . if it 's available through that company . This would give coverage for building materials that are on site but not yet installed . If this is the case , the replacement cost would be estimated at the cost when the renovation is finished . If the goal is to save money , my question would be this : do you want to save money in premiums or if there 's a claim ? Insure it correctly , whether it 's commercial coverage or a home . These are small dollars in comparison to what you would lose if it was n't insured correctly . The premiums on a home policy are undoubtedly lower than for a commercial property , but do n't take the chance that your claim is denied because you 're carrying home insurance on a commercial property . Find a good agent you can trust . He or she will be able to speak with the company and get you the coverage you need and , in the long run , save you money .


Input: Can I Get Auto Insurance With Bad Credit?

Output: Yes you can get auto insurance with bad credit . the challenge is that you will likely pay a higher rate . However not all insurance companies are going to treat your credit issues exactly the same . You should visit an independent agent that can search several companies and provide you with the best rate and coverage .


Input: Can I Get Auto Insurance With Bad Credit?

Output: In Michigan your credit does effect the price but you can get insurance just the rate will most likely be higher some companies do n't check credit so my advice would be to call around to check prices or go on line and do some pricing just be careful because sometimes doing to many in one day may block your insurance score


Input: Can I Get Auto Insurance With Bad Credit?

Output: State regulations vary . In California your credit rating is not considered in setting an auto premium . The companies that I represent require that you have a checking account or credit card . In California the rating is based on year , make and model of the vehicle . They consider the mileage and use of the vehicle . Since the vehicle is assigned to a household , the driving record of all the occupants is considered .


Input: Can I Get Auto Insurance With Bad Credit?

Output: You can get auto insurance with bad credit . As a car insurance broker with 33 years of experience , this issue is a common situation we help customers with . Although great credit often helps lower rates , bad credit does not mean you will be considered high risk . There are are several companies that will provide competitive pricing .


Input: Can I Get Auto Insurance With Bad Credit?

Output: In California personal credit is not a consideration for issuing an automobile policy . There are limited factors that can be considered ; year , make and model of the car , use of the car , mileage traveled by the car , and the driving records of the members of the household where the primary insured lives .


Input: Can I Get Auto Insurance With Bad Credit?

Output: Great question ! In most casesbad credit wo n't keep you from getting insured , but it can make it more expensive . The good thing is that often we think our credit is worse than an insurer would . If you had a medical emergency , for example , that really hurt you financially , will be considered and forgiven bymost financial institutions . Find an independent agent who can help you find a company that will be more forgiving . Good luck ! Thanks for asking !


Input: Can I Get Auto Insurance With Bad Credit?

Output: You certainly can . There are some companies that are more strict than others regarding credit , and may not offer auto insurance to customers with bad credit . But there are other companies who do n't use credit as a rating factor at all . But these are the extremes . 92 % of all auto insurance companies use credit at least to some degree . But each company weighs credit differently .


Input: Can I Get Auto Insurance With Bad Credit?

Output: Yes you can , but you will more than likely pay more than someone with good credit . Remember your auto insurance rates are based on many factors , credit is just one them . There are many companies out there if you feel that the rate is too high at one , then check the rate with another . I would always recommend working with a local agent . They are going to be there when you need them and you are supporting your community .


Input: What Is A CDHP Health Insurance Plan?

Output: CDHP stands for a Consumer Driven Health Plan , a type of health insurance policy that is intended to promote , and reward , greater personal responsibility among policy holders . The prevailing theory when it comes to CDHPs -LRB- such as an HSA-qualified health policy -RRB- is by giving consumers incentive -LRB- lower premiums -RRB- to take better care of themselves , the cost of coverage can remain lower than it would be with most typical health policies .


Input: Which Type Of Life Insurance Pays A Dividend?

Output: The type of life insurance that pays a dividend is called a participating policy . Dividends are paid when the insurance company makes a profit and , in essence , shares them with its policyholders . The type of life insurance company that offers participating policies that pay dividends is called a mutual company . The type of policy that pays a dividend is usually Whole Life .


Input: Which Type Of Life Insurance Pays A Dividend?

Output: Whole Life policies that are issued by Mutual insurance companies are the ones that participate in Dividends . Stock companies , which are by far the way the majority of insurance companies are set up , are those that have `` gone public '' as to their holdings and have sold their ownership to stock holders in order to raise money . As a result they are primarily answerable to their stock holders , and then secondarily to the policy holders . This effects their investment strategies with regard their general account . Mutual companies are owned by the policy holders and therefore are answerable to the policy holders and not stock holders . As a result a portion of the profits generated by the investments of the Mutual company are paid to the `` participating '' policy holders in the way of dividends . Term policies are not participating and do not have any cash value .


Input: Which Type Of Life Insurance Pays A Dividend?

Output: Participating whole life insurance pays annual and terminal dividends at the declaration of the mutual life insurance companys board of directors . A dividend is not guaranteed and is defined as a return of unused premium up to basis . And as a return of unused premium up to basis is tax free and can be used for a variety of applications one of which is cash .


Input: Can An Insurance Company Cancel My Homeowners Policy?

Output: A homowners policy can be cancelled prior to the completion of the policy term . All coverage ends on the date of cancellation . The company will cancel a policy if the scheduled premium isnt received . It will cancel if you have by fraud , misrepresentation or by omission of fact caused the company to issue a policy that they would not otherwise have issued . They will cancel the policy if there has been a material change in the property that would increase the likelihood of claim . The company is required by law to allow a certain period of time before cancelling the policy . Unused premium is returned according to policy provisions .


Input: Is Home Health Care Covered By Medicare?

Output: Respite care is not covered under Medicare . Only procedures considered medically necessary are approved by Medicare . If you are in need of in home medicare care by a licensed and approved medical provider -LRB- nurse , therapist , doctor -RRB- Medicare may cover the treatment administered by the medical professional . There are special insurance policies you can purchase to cover at least a portion of home care .


Input: How Much Disability Insurance Should I Buy?

Output: You should purchase enough disability insurance to be sure if you were to become disabled , financially you would be OK . Most companies max out at 70 % -80 % of your monthly income . Also , purchase a policy that pays until you are 65 or 67 years old depending on your age when social security benefits begin . Of course all of this depends on the amount of coverage based on the amount of premium in your budget .


Input: How Much Disability Insurance Should I Buy?

Output: Disability insurance is typically based on 60 % -70 % of your gross income . Since the benefit , if payment is set up correctly , is tax free . Therefore you need only replace your take home pay . If you can only afford to a partial replacement , it is usually better to take a longer waiting period and a higher payout . The other consideration is length of disability payout . You can get 2 years , 5 years or to age 65 or 67 . Speak with a life professional to see what best suits your needs .


Input: How Much Disability Insurance Should I Buy?

Output: I would purchase the maximum amount allowed by law , which is about 70 % or 80 % of your income . You can not purchase more than that because companies and regulators feel that it would lend itself to abuse , after all if you are making more staying home than working what incentive do you have to return to work .


Input: How Much Does Auto Insurance Increase After An Accident?

Output: Great Question . Most car insurance company will raise the premium if you have an at fault accident that is over $ 1000 . The rate of incrase will very on your particular company and your driving recored in general . If you have many accident the rate will go up much higher than one accident .


Input: Is Critical Illness Insurance Important?

Output: Critical illness insurance represents an excellent , cost effective way to alleviate the added strain on one 's finances if a named illness strikes . With a surprisingly high number of people being diagnosed with cancer and heart disease , for instance , having protection against these occurrences could help in several ways . As your health insurance coverage is moving to a higher deductible , the coverage can be used for deductibles and co-insurance responsibilities . In addition , with the likelihood of there being lost work time , the funds can be used for income replacement . Finally , If treatment is needed at a special clinic or facility , then having the funds to cover travel and lodging costs is important . Remember , insurance creates peace of mind !


Input: Is Critical Illness Insurance Important?

Output: This depends on the amount of money that you have saved to cover the costs associated with the immediate needs of a critical illness . If you have funds available to cover medical expenses of a critical illness , you may not need critical illness insurance . If you do not have the extra funds , than critical illness insurance can keep you from financial ruin .


Input: Can I Buy Life Insurance For My Grandmother?

Output: Can I buy insurance for my grandmother ? If you can show an insurable interest and she is insurable , yes you can . An insurable interest would be a family connection and something like the purchase of a policy and payment of a policy for final expenses . If the face amount were too high , you may be asked to explain the need and the offer might change . If you ca n't show a reasonable relationship between face amount and need , you may not get what you want .


Input: Can I Buy Life Insurance For My Grandmother?

Output: It is n't clear if you mean paying premiums for a new policy for your grandmother where she will own and be the insured of the policy or if you mean to take out life insurance on her life but be the premium payor , owner and beneficiary . In the former , if she is insurable , she can have a policy on her life and you can pay premiums which would be gifts to her . This can be done . In the latter , it is permitted under the rules of insurable interest as long as she is insurable and consents to the insurance .


Input: Does Life Insurance Help Estate Planning?

Output: In the simplest terms life insurance helps in estate planning because it creates a pool of money upon death . This money can be used for any purpose , but in most cases when estate planning is involved , it is used to pay estate taxes due . The main reason people do this is it allows other assets to remain untouched by the estate tax reach . Examples would be a business , investments , art work , real estate , etc. . that would n't have to be liquidated to pay estate taxes . So the easiest and simpliest way to look at life insurance in an estate plan is to pay off Uncle Sam so Uncle goes away . Nothing does it quicker or easier than life insurance . Estate Planning does n't have to be hard , people just make it that way .


Input: Does Life Insurance Help Estate Planning?

Output: Some consider life insurance a cornerstone in estate planning because of its guarantee nature . Life insurance offers guaranteed protection in the form of monetary benefits disbursed to an individual or individuals that policyowner chooses in order to pay off final expenses of the deceased , any other financial `` threat '' to the estate 's wealth and/or maintain current lifestyle of the beneficiary . In my opinion , estate planning that includes a life insurance product just makes sense .


Input: Does Life Insurance Help Estate Planning?

Output: Life Insurance is essential in estate planning for a variety of reasons . First , it provides an immediate death benefit that in most cases is very favorably taxed . It can also provide living benefits in some cases to help pay the cost of Long Term care . While it does n't take the place of Long Term Care Insurance , a critical illness , accelerated death benefit , or long term care rider can certainly help with those expenses . There are a variety of other reasons for using Life Insurance in estate planning . Each case is different and requires a comprehensive look at your personal financial situation .


Input: Can You Buy Term Life Insurance For Someone Else?

Output: If you mean , can you pay for a policy for someone else so that there will be a death benefit when they die , the answer is : usually . Most people who buy term life insurance for someone else do it to protect themselves in some way . E.g. . That other person may owe them money , or the Payer knows he/she will have the task of paying for the funeral if the other person dies . Life insurance companies look carefully if the Payer is also the Owner of a policy in which someone else is the Insured . They are not as concerned if you simply pay for a policy for someone else and allow the Insured to own their own policy .


Input: Can You Buy Term Life Insurance For Someone Else?

Output: You can buy term life insurance for someone else , but they must have an `` insurable interest '' . In other words , would you suffer a financial burden if that person were to die ? Usually life insurance is purchased on a family member , partner or key business associate . Please note you may never purchase life insurance on someone without their knowledge . The insured will have to sign the application and pass through underwriting in order to be insured .


Input: Can You Buy Term Life Insurance For Someone Else?

Output: That 's a great question ! Back when life insurance became popular , it did n't take long for some people to figure out that they could insure someone without their knowing about it , and then make friendly wagers on the life expectancy of that someone , with the policy benefit as the prize . To prevent that from happening anymore , the insurance industry -LRB- goaded by the gambling authorities -RRB- set into place a rule requiring that there be an `` insurable interest '' in the person you want to insure . So to purchase a policy on someone else , you will need to show that their passing will cost you , financially , or emotionally . They will need to either be immediate family , or someone that by passing causes you to suffer a financial loss that is insurable . You will also need their consent , if they are not a minor , as they will have to be in agreement with the policy terms , and provide signatures , and health information . As long as you can satisfy those requirements , you should be good to go ! Thanks for asking !


Input: How Is Prime America Life Insurance?

Output: `` Prime America '' is actually Primerica Life Insurance . This company grew from its ' original roots as A.L. Williams , a door-to-door term life carrier . Primerica sells term coverage through captive agents that are recruited to join , but know little or nothing about the business and are therefore prime candidates to sell one product . In my opinion , they are to be avoided . While never have dealt with them myself , many clients of mine have had negative stories to tell about various aspects of their sales process .


Input: Does Homeowners Insurance Cover Spoiled Food?

Output: Most homeowners insurance polices will have coverage with a limitation on food spoilage of about $ 200.00 due to a sudden surge or power outage . This amount and how the spoilage is covered can vary so I recommend you read your policy or double check with your insurance provider .


Input: What Is Sufficient Auto Insurance Coverage?

Output: Sufficient is relative to the person using the term . Each state has its ' own minimum requirements if auto insurance is required in that state . Personally I do not recommend anything less than 100/300 coverage to any one that I talk to about auto insurance . You could potentially have your coverage as low ast 15/25 or as high as 1000/1000 with many companies . To best decide what would be best for you contact your local agent to discuss your coverage needs .


Input: What Is Sufficient Auto Insurance Coverage?

Output: Insurance is sufficient when it completely covers a claim . If the limits of the policy are exhausted before the claim is satisfied your other assets will be at risk . Property , bank accounts and other assets could be called upon to satisfy the claim . Some people have few assets and plan to declare bankruptcy .


Input: How To Research Annuities?

Output: The annuity product inventory is massive with two macro-categories : immediate and deferred . Immediate annuities can be classified by the most popular payout periods like 10 , 20 or lifetime . There are subsets to this , but not for research sake . Deferred annuities are classified by crediting methods such as interest rates , indices for indexing and separate sub accounts in variable annuities . Once you determine you risk profile and product suitability you can Google annuity spreadsheet comparisons or call me for ours .


Input: Is Small Business Required To Offer Health Insurance?

Output: Small businesses , those with fewer than 50 full time employees , are not required to offer health insurance now , or in 2014 . If your employer wants to offer health insurance , and can afford it , they will do so . There is no penalty to the small employer if they choose not to offer health insurance


Input: Why Should I Buy Cancer Insurance?

Output: Why should you buy cancer insurance ? Because , if you get cancer , you will have much-needed protection that will provide funds to offset some of the expenses you may have . Is it a good buy ? That depends on the policy . A broker can explain the costs and benefits and help determine if it 's a good option for you .


Input: What Kind Of Life Insurance Is VGLI?

Output: VGLI stand for Veterans Group Life Insurance and is life insurance for persons who have served in the uniformed services . It is Term life insurance that can go up in price at regular intervals . Neither SGLI or VGLI is available in Whole Life and can not be converted to Whole Life . To get permanent coverage you would want to purchase a private policy .


Input: How Long Does It Take To Get Renters Insurance?

Output: A policy could potentially be written within minutes , depending on the carrier and the agent and what information you have readily available about the building . If you have all of the information that the agent needs to complete the policy , and the required payment by the carrier for the type of policy and the amount of coverage that you want.Renters policies can bevery simple all the way to very complex .


Input: What Are The Qualifications For Medicare In Nebraska?

Output: The qualifications for Medicare in Nebraska are the same as in the other 49 states . They are that you are age 65 and have paid into Social Security tax for at least 40 quarters -LRB- or be a spouse or ex-spouse of someone who does qualify financially , and be age 65 -RRB- , or that you have End Stage Renal disease or Lou Gherig 's Disease -LRB- with some qualifications -RRB- , or that you have received Social Security Disability for 24 months or more . These are very general ; you can contact Medicare.gov for more details .


Input: What Do Mutual Fund Managers Do?

Output: Mutual fund managers are sometimes called investment managers . They are responsible for implementing the funds strategy by managing the portfolio . What is bought and what is sold . They are paid based on a percentage of the funds assets . An individual fund could be managed by one person or it could be a team . Mutual funds are long term investments and are often part of a retirement plan . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: What Do Mutual Fund Managers Do?

Output: That is a great question ! A mutual fund manager is the person that is responsible for selecting the stocks or bonds , and the daily business of buying and selling them . These are the guys who make the large money off the market . They are paid a percentage of the money made , and so they buy and sell a lot . -LRB- According to Forbes , the average portfolio turnover in the 1950 's was 15 % . Today it ranges from 573-827 % . Any wonder why they are making money , and your costs have more than doubled ? -RRB- It is an excellent job , if you can get it . Thanks for asking !


Input: How Can I Compare Medicare Supplement Insurance Quotes?

Output: As is says in your Medicare & You Handbook ... All Medicare Supplements are the same ... Carriers can charge a different rate for the same plan ... . So an F is an F is an F G is a G. Etc. , Etc. , Etc. . Now , if the rate is within a few dollars , then you can consider carrier rating . - gravy


Input: How Can I Compare Medicare Supplement Insurance Quotes?

Output: Medicare Supplements are the same for all Insurance carriers as the types of supplements offered are determined by the government . As such companies are limited as to what they can and can not offer to the public . There are really only three variations as to what companies can offer ; 1 -RRB- Pricing - Insurance companies set their own pricing based on their own criteria . 2 -RRB- Customer service - every company claims to have great customer service . 3 -RRB- Agent participation - agents vow to always be there and add a personal touch . If you are looking for a supplement then you need to compare prices , how they handle customer service and agent involvement .


Input: What To Do If I Can't Afford Health Insurance?

Output: If you ca n't afford health insurance , then there are many options that may help . Medicaid is available for low-income individuals . CHIP is an excellent low-income program for children . And in 2014 , federal tax subsidies can help you reduce the cost of your healthcare . Also , pre-existing conditions will be covered . Open Enrollment begins in October .


Input: Who Offers Short Term Disability Insurance?

Output: I am only aware of two companies that offer Short Term Disability insurance for purchase in the private market . They are Assurity and Mutual of Omaha . Please give me a call if you 'd like assistance in finding your best rate . There are more companies that offer Short Term Disability products for groups and businesses .


Input: Who Offers Short Term Disability Insurance?

Output: You need to check by state to confirm these disability insurance companies , but here are some of the more popular carriers : Mutual of Omaha is a major carrier in short term disability insurance . Keep in mind that you may have short term disability insurance through your employers group benefit plan . You also have Social Security disability insurance , although benefits may be limited .


Input: Why Do You Need Supplemental Insurance With Medicare?

Output: Medicare supplement plans and Medicare Advantage plans were developed for a very simple reason . Medicare does not provide 100 % coverage for health care services and does not cover some services at all . Medicare is a creature of the early 1960 's and people over age 65 at that time on average only had several more years of life expectancyplus there was a lot less that the health care system could do for peopleback then . These factors have changed significantly 50 years later with seniors living longer , more active lives and with a multitude of medical and pharmaceutical treatments available to them . If you are becoming eligible for Medicare today , there is a very good chance that over the remainder of your life you will have multiple opportunities to utilize services under Medicare for which you will have to share financial responsibility -LRB- e.g. - hospitalizations -RRB- and it is almost impossible to become a senior citizen in America these days and not be on one or more prescription medications -LRB- prescription coverage for seniors on Medicare did n't even really exist until Medicare Part D was created by the Bush Administration in 2003 -RRB- . It is to protect yourself against these out-of-pocket expenses that people purchase Medicare supplemental coverage that fills in most of the gaps in Medicare 's coverage .


Input: Why Do You Need Supplemental Insurance With Medicare?

Output: Original Medicare -LRB- Parts A & B -RRB- only cover about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . While 20 % does n't sound like a very big figure , it can add up to a nice big medical bill really fast . For example , if you had a procedure done that cost $ 10,000 and Medicare paid for 80 % -LRB- $ 8,000 -RRB- , you would be responsible for the other $ 2,000 of the bill - how many people can just get out their checkbook and write a check for that amount ? That number can be a lot higher too . The idea of a Medicare Supplement plan -LRB- commonly referred to as a Medigap Plan -RRB- is to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a much , much more predictable health care expense structure - and when you 're on a fixed income , this is vital . A plan F is the most comprehensive Medicare supplement plan available in the marketplace today - plans C , G , and N are very competitive as well . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Is Personal Property On Homeowners Insurance?

Output: Personal property is physical property that is either owned by you or in your care . The basic coverage is for this property that is located in the covered residence . There is often an extension of this coverage when the property is away from your residence but there is also an internal limit on coverage -LRB- 10 % is common . -RRB- Your policy puts limitations on certain property such as money , securities , jewelry , silverware , and guns . Coverage for business related property stored at your residence is also limited . There is also personal property that isnt covered such as animals , trees , cred cards etc. .


Input: How Much Is Nursing Home Insurance?

Output: If you are age 50 or younger , nursing home insurance could cost as low as $ 50/mo . If you are in your 70 's , it is probably going to cost upwards of $ 200/mo . You can lower the cost by choosing a longer elimination period , so that the benefits do not kick in as quickly .


Input: Do I Need Medigap Insurance?

Output: Most seniors on Medicare do need a Medigap insurance policy . When you consider that Medicare Part A and Part B have deductibles , coinsurance and copay 's that you are responsible for , buying a good Medigap plan is a wise choice . Medicare only covers about 80 % of your hospital , doctor and outpatient expenses . You are responsible for the rest . That can amount to several thousand dollars each year in out of pocket expenses that YOU must pay if you do n't have a Medigap insurance plan . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: Do I Need Medigap Insurance?

Output: Do you need Medigap insurance or a `` Medicare Supplement '' plan as it is often referred to ? There really is not a right or wrong answer . As previously stated , 20 % of your expenses may potentially not be covered . However , when you factor in the premium you pay for a Medigap plan , it is possible that you could pay more dollars in premiums than you receive from the policy . Conversely , you may also pay -LRB- as an example -RRB- , $ 1200 per year in premiums and save $ 4800 in out of pocket expenses . Not a bad rate of return ! By reviewing your options with a reputable experienced broker , and/or a reputable website , you 'll be provided unbiased information to make an informed decision . Ed


Input: How Much Disability Insurance To Buy?

Output: Disability insurance is an important part of defensive planning . If you have a lot to lose if you ca n't work , then protect your paycheck with disability insurance . You can cover up to 60 % of your annual compensation and the benefits are tax free . when you consider that most American workers have less than 90 days in cash reserves , the decision becomes clear .


Input: Will Medicare Pay For Urgent Care?

Output: Medicare Part B is designed to cover outpatient care . This includes primary care , preventive care , urgent care and more . Treatment that is considered medically necessary is covered under Part B. Your urgent care can be administered in a free standing urgent care facility , clinic , doctors office or hospital emergency room


Input: How Do I Know Which Medicare Plan I Have?

Output: Your Medicare card should indicate if you have Part A and or B . You also may have a Medicare supplement plan -LRB- Medigap -RRB- and your Medigap ID card and policy will indicate the plan you have . If you have Part D -LRB- drug coverage -RRB- you will need to contact your agent or carrier to determine the benefits . Same for a Medicare Advantage plan . You can also call Medicare , or check mymedicare.gov


Input: How Do I Know Which Medicare Plan I Have?

Output: Your ID card -LRB- if available -RRB- , should give you specific information . This is provided by the insurer that you purchased the Medigap plan from . If that is not available , you can contact your broker or the insurer that you purchased the plan from . They should be able to provide you with the plan information .


Input: How Will 3 Points Affect Car Insurance?

Output: There are many factors to this . 3 points on your insurance score or on your driving record they are two complete different points system here in Montana . You could have 3 no insurance tickets with one carrier that would be 3 point and with another carrier they would not count those as violations and it would not affect the insurance bill at all . Now a DUI which is 3 points on your insurance score can raise you premium with some carriers only as little as 79.00 per 6 months for the next 3 years . Each carrier rates differently so . The question leaves open lots of variables . What are the points from a moving violation or something else .


Input: Why Do People Buy Disability Insurance?

Output: People purchase disability to protect the paycheck from periods of sickness and injury . Most Americans only have around 90 days in cash reserves . Even among young people , the average disability period easily exceeds 90 days . Protecting your earning power against these unforeseen events is the primary motivation in purchasing disability insurance .


Input: What Percentage Of Whole Life Policies Are Surrendered?

Output: The answer to this questions depends on what length of time you are talking about . If the policy is terminated in the first couple of years the event is not called a surrender but rather a lapse . After this point it is considered a surrender . There is considerable variability and debate over this number , long term of the answer appears to be somewhere around 80 % . Keep in mind that a surrender means that the policy holder received cash when the surrender took place . Whether or not he or she received more cash than he or she put in is not a statistic that is tracked and available .


Input: How Does Medicare Cover Hospice?

Output: The answer to your question is yes , medicare covers hospice care and since hospice care is usually given in your home the treatments you recieve are covered primarily under Part B . There is an exhaustive list of services provided and it is much longer than I am going to be able to list here . Please go to WEBSITELINK and type in hospice care into the inquiry andthe services covered are shown in detail


Input: Where Do I Sign Up For Medicare?

Output: You can sign up for Medicare online at medicare.gov . If you are nearing age 65 , you can sign up in the three months before or after the month of your 65th birthday . If you would rather sign up by phone , you can call 1-800-MEDICARE -LRB- 1-800-633-4227 -RRB- . Or you can go to your local Social Security Office to sign up for Medicare .


Input: Why Do I Have To Get Renters Insurance?

Output: A renters policy , like every other form of insurance is an expense until you have to file a claim . When you have a claim it is frequently the best investment you could have made . If everything you own is destroyed in a fire , your landlord will not replace your personal property . If someone falls down in your unit , the lawsuit could bankrupt you . The renters policy will protect you .


Input: Why Do I Have To Get Renters Insurance?

Output: Renters insurance is not required by any state or federal laws at this point in time , but your rental agreement with the landlord or property owner may require you to have renters insurance coverage . Renters insurance not only protects you but also helps protect the property owner . Renters insurance is typically very low cost . While leave yourself and your family financial exposed in the event of an accident .


Input: Does Health Insurance Cover Nicotine Patches?

Output: It depends on your policy but more and more companies are paying for smoking cessation programs prescribed by a doctor . It depends on the company so check with your agent or call the company to receive a more definitive answer to your question . Your agent or customer service can help you .


Input: How To Choose A Car Insurance Plan?

Output: Choosing the best car insurance can be very easy ... if you do it the right way . Based on my 33 years of experience as a car insurance broker , here 's the answer to your question : Contact a local experienced broker in your area and let them research and compare the best options for you . You will pay no fees and you 'll get the best available rates and coverage and expert advice . See ... That 's easy !


Input: How To Choose A Car Insurance Plan?

Output: Contact your trusted insurance agent . If you dont have an agent get a recommendation from a friend , neighbor or colleague . Make sure the agent listens to you . The agent should provide you with the sound advice and information that you need . Carefully weigh the recommendations that the agent makes . Dont accept the minimum state requirements for liability insurance . Insure for much higher limits as those lower limits can easily be exceeded in a law suit . If you have financed the car the lender will require physical damage coverage . The only way that you can reduce the cost of that coverage is by increasing the deductible .


Input: What Is A Medicare Advantage MSA?

Output: Medicare Advantage MSA is a rare duck . Essentially a high deductible Medicare plan coupled with a savings account ... much like the HDHP + HSA for the under age 65 crowd . With the Medicare MSA you enroll in a high deductible Part C plan that does not pay until you have satisfied your deductible . You have the option of funding a tax favored savings account to cover some of your out of pocket expense .


Input: What Is A Medicare Advantage MSA?

Output: Medicare MSA plans are consumer directed plans that operate similar to HSA 's -LRB- health savings accounts -RRB- . Medicare MSA plans require a special Medicare Advantage plan combined with a medical savings account . The Advantage plan is a high deductible plan that will pay for covered expenses only after you have satisfied the annual deductible .


Input: When Did It Become Mandatory For Car Insurance?

Output: The first actual mandatory auto insurance was in 1927 in the state of Massachusetts . Shortly after most other states began mandating auto insurance . Allot has changed in the laws over the years as it relates to financial responsibility but mandatory auto insurance has been around for a long time . Insurance is state regulated , not federal . There is a couple of states still do not mandate auto insurance if you can demonstrate the financial means to cover the minimum amounts for bodily injury , property damage and liability in that state . Of course you might as well put a sign around your neck that says please sue me , I have money .


Input: What Is Sep Retirement Plan?

Output: A SEP retirement plan a government retirement plan under ERISA , excellent for small business and the self-employed . Participants can contribute up to 25 % of compensation , or $ 51,000 for 2013 and generally tied to annual cost - of - living adjustment for later years . The contributions are tax deductible and accumulate tax deferred . Distributions are taxable at ordinary income tax rates with a 10 % penalty for withdrawals before 59 .


Input: When Should You Purchase Life Insurance?

Output: Almost any time is a good time to purchase life insurance , because when you find the thought of life insurance eating at you , that is probably the time you need it . However , if you are younger and do not have any serious health conditions , that is the time when you will be able to lock in your lowest premium .


Input: Which Life Insurance Is Best In Illinois?

Output: New York Life is America 's oldest and largest life insurer . They are in every state . If you have any questions , I can help you there . Gary Lane , Registered Representative of New York Life , 949 797 2424 . Thank you .


Input: Which Life Insurance Is Best In Illinois?

Output: There is not one particular life insurance company or product that is best in Illinois . As Jose stated , it depends on your need that will determine what policy best meets that need . Talking to a qualified agent who sells a variety of products can help you get the best policy for you , and that is what matters .


Input: Which Life Insurance Is Best In Illinois?

Output: There is n't any `` best '' life insurance in Il . To get the `` best '' life insurance in IL you need to speak with a licensed agent and have a needs analaysis performed . Are you married ? Do you have a mortgage ? Do you have children ? Are you looking for income replacement ? By gathering fact finding information , you can have a plan tailored to a specific need . For example , I meet with folks who want income replacement . Let 's say you make 50K a year . To adequatley replace income of 50K a year , you would need a policy of 1 million that properly placed into a fund that will pay your family 5 % each year without distrubing the principle of 1 million . You would need this investment to earn more than 5 % so the principle is n't disturbed .


Input: Which Life Insurance Is Best In Illinois?

Output: When you ask which life insurance is best in Illinois there are a lot of thing to consider . First of all why are you buying the policy ? Are you buying it to pay your house off if you die , to pay for a funeral , to leave your family with extra money to help them re-adjust their life after you die or are you buying it as a retirement vehicle to replace your 401K . When you figure outthe why , then we can start to narrow down which company has that type of insurance to meet your needs . My years of experience has taught methat there is no one company that can meet all the individual needs of every person . I always look at the WHY first , then I can educate you on the different companies that could fit your needs . If you need more help feel free to Skype me or call 630-918-1673


Input: Does Renters Insurance Cover Structural Damage?

Output: Sadly , renter 's insurance does not cover structural damage ! The reason is , that as a renter , you do not own the property -LRB- structure -RRB- , so insurance is covered by someone else . If you purchase a home , along with your personal property , you will then need coverage for your dwelling and unattached structures . A homeowner 's policy has many other additional features as well .


Input: What Renters Insurance Should I Get?

Output: I assume you are doing business with a trusted insurance agent , if not , find one . Selecting limits is the chief concern . You want enough coverage so that a lawsuit for bodily injury or property damage will not bankrupt you . Then , you want enough personal property coverage to replace the essential things that you own , furniture , clothes , appliances etc. . While the premium is important , having the right coverage is critical .


Input: What Renters Insurance Should I Get?

Output: Great question ! What you want to look for in any insurance policy is the greatest coverage for the lowest price , and the least amount of money that you have to pay before the policy kicks in and pays . Look for one that offers replacement value vs , actual cost . -LRB- actual cost is the company 's estimate of an item 's value based on it 's age and assumed condition , while replacement cost is the cost of replacing the item - it will be a little more expensive , but well worth it if you ever need to file a claim -RRB- Look for an independent agent who can give you quotes from a couple of different companies to choose from . Good luck ! Thanks for asking !


Input: What Renters Insurance Should I Get?

Output: You should discuss our needs and budget with your Insurance Professional and decide on a policy that best suits both of those factors . Look for a solid company with a strong financial rating that also offers the types of discounts that make sense for you . You can save money by insuring your car with the same company for example .


Input: Which Motorcycle Has Cheapest Insurance?

Output: There are many insurance companies who offer coverage for Motorcycles . The best way to control the cost of that coverage is to take advantage of any and all available discounts . If you insure your home and cars with the same company , and that company offers coverage for bikes , the bundling discount that you would receive can save you quite a bit .


Input: Who Should Get Whole Life Insurance?

Output: You should consider participating whole life as a long term supplemental retirement alternative if you are a conservative saver . It can deliver tax free distributions of withdrawals to basis and policy loans as long as the contract is kept in force for the life of the insured . Designed correctly it may outperform 10 year Treasuries .


Input: Why Do I Need A Retirement Plan?

Output: If you fail to plan you plan to fail . That is the old saw . Some will have a retirement plan through their employer . Others will count on an inheritance or winning the lottery to fund their golden years . Sadly , many will never retire and will work as long as their health permits because they failed to plan .


Input: Why Do I Need A Retirement Plan?

Output: We plan for many of the phases of our lives -LRB- going to college , getting married , a funeral , the arrival of that first child , etc -RRB- . Retirement is no different . In order to enjoy your remaining years in the style and comfort you have grown accustomed to , you need need to plan . A good Financial Professional can help you to see just what direction you want your retirement to go in and help you to get there .


Input: Is Lymphedema Therapy Covered By Medicare?

Output: Lymphedema therapy is not well covered by Medicare , but is making strides . Some lymphedema garments have been covered as prosthetic devices , but they have not officially been coded that way . Supporting the `` Lymphedema Treatment Act '' is one way of showing support for increased Medicare coverage for Lymphedema therapy in the US .


Input: Does Renters Insurance Cover Broken Items?

Output: Renters Insurance does cover broken items as a result of a covered loss ; perils may be fire , theft , vandalism etc. ... It is important to review your current policy and assess what perils the policy covers against . If an item is covered and claimable under your renters insurance , it would be preferable to have a replacement cost policy thus providing the replacement value of the item rather than the depreciated value ; also , the applicable deductible will be deducted from the claim payout . For those seeking #rentersinsurance , there is a link providing an online format to obtain a quote and buy renters insurance online in multiple States ; it may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: Why Are Doctors Leaving Medicare?

Output: Doctors are n't leaving Medicare on a wholesale basis , but most still limit the number of new Medicare patients they are willing to treat . When you do the same work for 20 - 30 % less than what you would be paid by a private insurance plan , can you see any reason for treating Medicare patients ?


Input: When Do I Need To Get Health Insurance?

Output: Generally speaking from a risk aversion point of view , you should strongly consider always having health insurance as the cost of health care can be extremely expensive and financial disastrous if you do not have the means to pay for it out of pocket . Regarding new legislation under the Patient Protection and Affordable Care act of 2010 -LRB- PPACA -RRB- you will need to acquire health insurance by 2014 in order to avoid paying the fine -LRB- penalty income tax -RRB- imposed for individuals who do not have health insurance .


Input: Is Short Term Disability Insurance Tax Deductible?

Output: The premiums for a disability policy that a individual obtains through their employer can be payed with pre-tax Section 125 funds , or as it is generally structured after-tax -LRB- FICA/FUTA -RRB- dollars . As with most insurance policies either the policy holder can pay taxes as they go or at the time that they start to collect from the policy - same basic principal that differenciates IRA 's from Roth IRA 's . The STD benefit payments themselves are viewed as ` wages ' with regard to tax-liabilities , so no they can not be deducted .


Input: Does Homeowners Insurance Cover Natural Disasters?

Output: Yes and no ! The typical multi-risk homeowners insurance policy offered today is very comprehensive . But no homeowners insurance policy covers the naturally occurring disasters of flood -LRB- rising ground water entering your home -RRB- and earthquake is not automatically included coverage in many states . Your insurance professional can guide you in securing the coverage you need , the coverage you want and an understanding of what is and what is not covered .


Input: Does Homeowners Insurance Cover Natural Disasters?

Output: Talk to your Insurance Professional about the specific terms and conditions of your policy paying particular attentio to the things that are cvered as well as the perils that are excluded from coverage . If by natural disaster you are referring to say a wild fire for example , then since loss due to fre is a covered peril in a standard Homeowners policy , yes , there would be coverage . If on the other hand you are talking about an earthquake or a flood , then no , a standard policy excludes thes . You may be able to request coverage for earth movement as an endorsement to your policy but only a separate Flood INsurance policy will provide coverage for such a loss .


Input: Which Company Offers The Best Renters Insurance?

Output: To find the best renters insurance policy for you , I would suggest that you talk with your friends and family about their experiences and knowledge of the carriers in your area that handle renters insurance . Insurance policies are as unique as the people that purchase them . Your best bet is to find yourself a good local agent and they will help provide you with the information that you need to make an informed decision .


Input: Can Health Insurance Payments Be Deducted?

Output: Health insurance paid by an employer for coverage on an employee or the employee ' s dependents is deductible as a normal business expense under IRC Section 162 . Health insurance benefits are not wages and therefore are not subject to wage taxes . For this purpose , the term `` employee '' includes an owner/employee of a C-corporation but does not include owner employees of other types of businesses . Self-employed individuals may deduct 100 % of the cost of health insurance as an `` above the line '' expense on the front page of their Form 1040 . The deduction is available to all qualifying taxpayers , regardless of whether they choose to itemize their other expenses . Direct deductions from gross income are allowed only to the extent of the amount of net self-employment income . Excess amounts , if any , may be deducted of Schedule A as listed in the `` Individuals '' section below . The term `` self-employed person '' for this purpose includes non-salaried owners of S-corporations , LLCs , partners and sole proprietors underIRC Section 162i . WEBSITELINK Except for salaried owner/employees , health insurance paid by a business on behalf of a self-employed person is not a deductible business expense . For example , if an S-corporation that pays for health insurance for its non-salaried owner/employee , this expense is not listed as a business expense on the Form 1120 but rather the deduction flows directly through the Form 1120S to the individual owner ' s Form 1040 . Health insurance for salaried owner/employees is treated the same as regular employees except that an adjustment for self-employment tax is made . Health insurance benefits provided by an employer are not taxable income underIRC section104and105 . This includes amounts paid by the employer to reimburse the employee for the cost of health insurance . Of course , the employee may not `` double-dip '' by deducting the cost of these tax-free benefits on an individual tax return . The cost of health insurance paid by individuals is tax deductible only to the extend that the cost of coverage they paid , in combination with some other specified expenses , is more than 7.5 % of adjusted gross income . For most people , this limitation effectively means that they do not get a tax deduction for the cost of health insurance paid . The cost of health insurance paid by an employer is a deductible personal expense if the amount is included as wages in Box 1 of Form W2 , but this is a relatively rare situation .


Input: Does A Term Life Insurance Have A Cash Surrender Value?

Output: No . Term life insurance normally provides temporary protection without a cash surrender value . Term life self-terminates at the end of a period of time . Return of premium term is a form of life insurance that can provide a cash value -LRB- return of premium -RRB- after the term period ends for a higher premium than normal term life insurance . Only a few companies offer this product and of the few remaining insurers that do , the premium is relatively high .


Input: Does A Term Life Insurance Have A Cash Surrender Value?

Output: Unless the term life insurance policy has been kept if force for the contract period and the policy was written with a return of premium rider , there is no cash value at the surrender of the policy . Some term life insurance policies have convertible provisions and older insureds could bid their term life insurance policy out on the open life settlement market to see what its value -LRB- if any -RRB- is .


Input: Does A Term Life Insurance Have A Cash Surrender Value?

Output: No , Term life insurance does not usually have a cash surrender value . Term insurance buys pure protection rather than building up a cash value , and that is why the costs of Term life insurance is usually lower than policies that have cash value . Return of Premium -LRB- ROP -RRB- Term is one type of Term that could have a cash surrender value if you kept the policy long enough .


Input: Does A Term Life Insurance Have A Cash Surrender Value?

Output: Term life normally doesnt have cash value . Some companies offer a policy that has a large cash value after an extended period of time . Other companies offer , cash value term as an intermediate product between term and whole life . Some companies offer a term to 65 policy that develops a very small amount of cash value in the middle years .


Input: What Is Medicare Medigap Insurance?

Output: Medigap Insurance -LRB- also known as Medicare Supplement Insurance -RRB- is designed to cover what original Medicare Part A & B does not cover . For example , with Medigap Plan F , it would pay all your co-insurance , deductibles and co-pays . There is also no network with Medigap Insurance so you can go to any doctor or hospital that you want . If they take Medicare they will take the Medigap Plan regardless of who the insurance carrier is . I would be happy to answer any other questions you have .


Input: Why Is Homeowners Insurance Cheaper Than Car Insurance?

Output: As an industry whole home tends to have lower premiums over all simply due to the fact you ca n't drive a home down the road . What is really comes down to is statistics . A stationary object is going to be subject to less claims on average then a moving object . This is an over simplification but you get my point .


Input: Why Is Homeowners Insurance Cheaper Than Car Insurance?

Output: Simply stated , it is more likely that a car insurance claim will be opened than a homeowners ' claim . Insurance policy pricing is designed to reflect the rick that a company has in placing coverage . Statistically , in large part because they are moving objects that are operated in an imperfect environment , more people sadly have car accidents than they have issues at their homes that cause damage .


Input: Why Is Homeowners Insurance Cheaper Than Car Insurance?

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


Input: Why Is Homeowners Insurance Cheaper Than Car Insurance?

Output: Great question ! The insurance industry is all about risk . The greater the chance that something bad will happen , and you have to file a claim , the higher the cost . Your chances of getting into an accident or having damage done to your car is greater than your risk of your home being destroyed by a tornado , for example , so your premiums are less on your home . Your driving habits can also make that premium be higher than it might be , if you are ticket or accident prone . If you have more questions , just contact me , I 'll be happy to help . Thanks for asking !


Input: Why Is Homeowners Insurance Cheaper Than Car Insurance?

Output: The insurance industry charges premium based on the number and amount of claims they pay out . There are less claims on a homeowners policy than there is on an auto insurance policy . The more accidents there are , the more the insurance industry pays out therefore the more they have to collect .


Input: Where Should I Buy Life Insurance In Oklahoma?

Output: You have choices in Oklahoma just like anywhere else . Many buy basic term insurance through their home and auto agent , some do a web search , some look in the phone book but the best way to buy is through a local agent that represents multiple companies . Your current health will be a factor with any company , prescriptions , age , height and weight . An independent agent who represents multiple companies will be more likely to find you a better rate and plan to fit your needs . I am an independent here in N.E. Oklahoma and would be happy to assist you .


Input: Where Should I Buy Life Insurance In Oklahoma?

Output: You can buy life insurance anywhere you want and are not necessarily beholden to just buying it from a place in Oklahoma . If you feel more comfortable purchasing from a local agent , you can search for local agents on google , or use the find an agent service found at term4sale by plugging in your zip code . If you are comfortable dealing with insurance agents that are not local to you , you can take to the internet and begin looking for someone you feel can best match your needs with the appropriate company .


Input: Where Should I Buy Life Insurance In Oklahoma?

Output: To find out where to buy life insurance in Oklahoma you can look through the Yellow Pages . Or you can go to the internet to find an agency that sells Life Insurance in Oklahoma . There you can read testimonials , see how the agency is rated by the Better Business Bureau , etc. . To see whether the agency sells in Oklahoma , input your zip code to have an agent contact you , or go to a website that offers instant quotes and see whether a quote comes up for Oklahoma .


Input: Where Should I Buy Life Insurance In Oklahoma?

Output: Where to buy life insurance if purchased properly should be a guided purchase . Just to buy a policy usually winds up being a mistake in the future or at least when you run into an agent wanting to sell a policy then it becomes like the used car problem . Yours is wrong ! Persons who just buy life insurance in today 's life without any kind of knowledge or counseling is kind of following the idea that they know it all and need no knowledgeable assistance . The best solution to purchasing life insurance is to find a knowledgeable agent who can , through in depth research of your total financial needs , guide you and tell you the why 's of certain policies . There is no one policy that is better than all others for everyone . If you have an insurance agent that is really interested in you and your situation that individual will spend time with you without pushing for a quick sale . The real desire of that agent must be to be a mutually beneficial part of your life and the agent . The agent will educate you on the possibilities and the reason for different types of policies . Then , with your help , find something that will fit into your financial plan . You should have a total financial plan that you are working toward , consisting of a proper budget , proper life insurance , -LRB- and other insurance -RRB- , proper investments and investments that are balanced for long range safety and fit your own desires . Buying life insurance properly is far more complicated than buying a policy . Many just buy a policy and then blame someone else for the failure of that policy to do the job it was purchased for . Allen D. Mitchell , Ph.D. , CLU , FLMI Author , second edition `` The Prophets Dollar ''


Input: Can I Get Life Insurance For My Mom?

Output: Yes . This is a very common scenario for people to buy life insurance . Her medical history , determining how much coverage you want to apply for , and how long you want the guarantees to be in place are important factors in determining the premiums you would be looking at for the desired program . There 's many companies and programs to compare and an independent life insurance agent/broker can help find the policy that 's going to work best for you and your mother .


Input: Can I Get Life Insurance For My Mom?

Output: Great question ! You bet ! I think it is great that you would help out your mom this way . The law says that you can take out life insurance on anyone that you would suffer a tangible loss from , should they pass . So while you could insure mom , you could not insure that guy down the block that you see once in a while , or the mailman . You and mom should sit down and decide exactly what plans she has , and then find a coverage and price that will take care of her need . Please contact me if you have any further questions , I 'd be happy to help . Thanks for asking !


Input: Can I Get Life Insurance For My Mom?

Output: Anyone can buy a life insurance policy on another if they have an insurable interest . Since you would probably be the one to take care of her final expenses , you can buy a policy on her life . If you are going to pay the premiums for the policy , you should also be the owner . That way the proceeds will pass outside her estate and not be subject to claims by others . This is critical if there are other siblings who may feel that they should receive a share of the proceeds . Since the policy you are considering will need to last her lifetime , permanent insurance is probably what you will need .


Input: Will Car Insurance Cover A Blown Engine?

Output: Typically , auto insurance policies are designed to cover potential liability , property damage , accidents when your car is damaged and comprehensive claims such as fire , theft , vandalism etc. . . A blown engine is caused by wear and tear -LRB- the vast majority of the time -RRB- and unfortunately would not be covered by a car insurance policy . A `` maintenance '' policy may offer some type of benefits -LRB- subject to conditions and exclusions of the contract -RRB- , but not your personal vehicle policy . Do n't forget to delete your car from your policy is the car can not and will not be driven . It 's possible you may wish to keep the comprehensive coverage in force , depending upon the circumstances .


Input: Will Car Insurance Cover A Blown Engine?

Output: I agree with Edward . Blown stands for an irreparable condition where you will need to replace you WEBSITELINK with another one . As it is a natural process and not caused by any accident or hazard , therefore most of the insurance companies dont allow you to claim for such thing . You must be alert before taking a policy and read their entire terms and condition carefully .


Input: Can I Purchase Auto Insurance Online?

Output: Automobile insurance can be purchased on line . Since that isnt my area of expertise I suspect strongly that you must sign documents in order to implement coverage . While that may seem attractive , you will be dealing with the same impersonal operation when you have a claim . My recommendation is to contact a trusted insurance agent . If you dont have an agent , get referrals from friends , colleagues , or neighbors . Then you will understand the range of limits and when you have a claim you will have a real human being to walk you through the claim . The cost differential is negligible . Satisfaction at the time of claim may be greatly increased .


Input: Is An IRA A Retirement Plan?

Output: A traditional IRA is a qualified defined contribution plan that allows you to contribute up to $ 5,500 a year and an additional $ 1,000 if youre over age 50 tax deductible . The account accumulates tax deferred and distributions are taxable at ordinary income tax rates .


Input: How To Get Renters Insurance?

Output: There are several ways that you can purchase a renters policy . If you search the internet you will find some websites that will actually quote and issue a renters policy . The problem you face with this approach is that a policy is selected to pay your damages when you suffer a loss may be inadequate . It is quite likely that when you actually suffer that loss you will find that you are not sufficiently insured . Then the insurance policy you have been paying on becomes the most expensive policy that you could have purchased because it wont cover your loss . The better approach is to engage an insurance agent . You may not know an agent . Get recommendations from your neighbors , friends and colleagues . A good agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . You really want everyone to be on the same page at the time of a loss . The agent will probably start by asking you the value of your personal property . To prepare for that question , I suggest that you take pictures of everything that you own . You can store that valuable record off site in case of a loss . Review the pictures and make an estimate of the cost to replace everything that you own . The sum of those estimates determines the value you need to set on your renters policy . Remember that you are looking at replacement value , not current value . In this process you might have property that is subject to internal limits within the policy . You need to specify the replacement value of any jewelry , guns , computer equipment , and collectibles . There are other classes of property that warrant special attention . Ask the agent about any unusual property that might be in your possession . The next thing that the agent will discuss is the liability limit . Insist on the highest limit that the agent can write . You can never have enough liability insurance . This protects you by providing for your defense and any awards against you up to the limits of the policy . You want these limits to be very high . A lawsuit can ruin your life . If you have a pet make sure that the agent knows about the pet . This is particularly important if you own a dog . Policies often have greatly reduced liability limits for dogs and may exclude all coverage for dogs of certain breeds or with a history of biting . This is a major source of claims . If you have a trampoline on the property makes sure that the agent knows that as well . Often owning a renters policy is a requirement of a lease . In those cases the landlord generally wants to be named as an additional insured . You need to have his or her name and address to provide to the agent . Incidentally , this is a reasonable requirement of the landlord and might be required by his or her insurance company . The final piece of information has to do with any losses that you might have previously suffered either at the unit you are currently renting or another unit . The information should be as detailed as possible to assist in underwriting your application .


Input: When Should I Start Retirement Plan?

Output: Starting a retirement plan -LRB- or planning for retirement -RRB- should start as early as possible . Even if it 's just $ 10 or $ 25 per month while you 're in your early 20s , it will pay huge dividends -LRB- figuratively -RRB- as the money continues to grow . My employer offered matching contributions for my 401K . I started immediately and it made a big positive difference in my retirement planning . I started and never stopped . Diversification is important at all times . A full-time financial adviser or broker -LRB- not a marketer or advertiser -RRB- is your best resource . They can monitor your progress , make changes and guide you to an early and enjoyable retirement . Putting dollars in your pocket is their goal .


Input: When Should I Start Retirement Plan?

Output: You should start a retirement plan the day you start your first full time job , especially if your employer does a partial or full contribution match . The odds are high that you will live longer than your parents , so your retirement period may be longer as well . Its always in your best interest to pay yourself first , even if its only $ 10 a paycheck . The cost of procrastination is substantial . The power of compounding over decades is significant . What you do today will determine how you live tomorrow .


Input: When Should I Start Retirement Plan?

Output: When should you start a retirement plan ? What were you doing yesterday ? The biggest factor in retirement saving is time . Time allows you to use less money , accept more risk and gain better results over time . The sooner a person can start a plan for retirement , sooner they can actually retire as well . Time is the most important aspect of retirement planning .


Input: When Should I Start Retirement Plan?

Output: That is a great question ! The best answer I can give you is as soon as it is possible . You should n't count on Social Security or Medicare to be solvent after the next 10-15 years . Economists are predicting a monstrous rise in the poverty rate when that happens . I 'm not a doomsayer , but unless something radically different starts happening with the people we elect to govern us , it 's most likely that those programs go belly up . If that happens , you haveabout that long a head start to put away as much as you can . The rule of thumb is 8-10 times your current salary , to live as you do now . Please start a savings plan today . If you need help , please feel free to contact me . Thanks for asking !


Input: How Much Is Term Life Insurance?

Output: The cost will depend upon several things - the company , the length of the term , the amount of coverage , your age , health , etc. . I 'd advise that you contact some local agents with some specific details , and shop around for some quotes . If you would like some help with this , please hit the ` contact me ' button , and I 'll happily help . Thanks for asking !


Input: How Much Is Term Life Insurance?

Output: Unfortunately there 's too many factors that go into premium pricing to give a definitive answer as to what a term plan costs . The risk class is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Also affecting the premium for a policy is the type of policy you 're looking to secure - how much coverage do you want/need and for how long do you want/need it guaranteed for -LRB- term vs. permanent -RRB- . Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an independent insurance agent/broker to see what plans are available and what structure would be best suitable to meet your needs . You can send me a private message by clicking on the `` contact me '' button if you would like quotes and assistance with your and your family 's life insurance needs .


Input: How Much Is Term Life Insurance?

Output: Difficult question to answer without more specific information . The cost per thousand of term life insurance varies greatly depending on your age , sex , health and other underwriting factors . The cost will also vary depending on what type of policy you choose . To get a basic idea you can get a quote from an online website . I would suggest you contact a local insurance broker to get some professional advice . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Much Is Term Life Insurance?

Output: There are a lot of factors that go into determining the cost of term life insurance . First is how much of a face amount are you purchasing ? Next , how long of a term are you looking for , 10-20-30-35 years are common term limits ? Now you have the underwriting factors that come into play . These premium levels range from best preferred to table 10 , so 14 levels of premium just on underwriting alone . Then you have the underwriting factors of age , build , life style , occupation , health issues , etc. lastly you have hundreds of companies that sell term life insurance at rates double to triple some carriers . I suggest finding a good independent broker whose services are free of charge to shop the market for you .


Input: How Much Is Term Life Insurance?

Output: Sounds like a political answer , but it really depends . The usual factors : age , sex , health , occupation , hazardous sports . etc. all come in to play regardless of what type of policy you choose . There are a variety of different policies available with different terms or renewals where the premiums increase . There is of course information available online to get you started , Since there are so many options available my suggestion would be to check with a local independent insurance broker , If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Does Medicare Include Dental And Vision?

Output: Medicare does not cover routine dental and vision services . However , if you incur a disease or injury to your eye typically medicare will cover the treatment . Also if you develop a disease/illness in your mouth medicare will typically cover the treatment . I recommend contacting an independent agent that specializes in Medicare to discuss option for additional dental/vision insurance coverage


Input: Does Medicare Include Dental And Vision?

Output: Original Medicare covers primary and acute health care but does not include routine dental and vision services . If you have a disease or injury to your eye , Medicare will cover the treatment of the condition . Same for dental . If you have an illness in your mouth , such as cancer , Medicare will normally cover restorative treatment .


Input: Is Long Term Disability Covered Under Cobra?

Output: No long term disability is not covered under the 1986 COBRA act . The Consolidated Omnibus Budget Reconciliation Act or COBRA as it is better known was designed to protect employees from losing their group health insurance benefits for up to 18 months while the employee was between jobs giving them enough time for their new employer benefits to go into force . Only group health insurance has portability under COBRA .


Input: Does Long Term Care Insurance Qualify For Self Employed Health Insurance?

Output: Yes , Long Term Care Insurance qualifies for self employed health insurance , as a tax deduction . The deduction is taken on form 1040 , line 29 , and is for the self employed person , their spouse and their dependents . The maximum long term care insurance annual premiums that are allowed to be deducted per person are based on age and are as follows : Under age 40 - $ 350 Age 41-50 - $ 660 Age 51 - 60 - $ 1,310 Age 61 - 70 - $ 3,600 Age 71 + - $ 4,370


Input: When Should You Start A Retirement Plan?

Output: The moment you start working for a living , you should start paying yourself , the earlier the better . Procrastination is the enemy of retirement planning . Most Americans live in the now and not in the tomorrow . When you start saving for your retirement , you 're defining your lifestyle in your senior years .


Input: When Should You Start A Retirement Plan?

Output: Almost everyone I know wishes they had started earlier . The answer is , yesterday . From a practical standpoint participate in your company sponsored plan by contributing the amount that the company will match . If you have lofty ideals for your retirement then start shifting capital to your retirement through supplemental plans at work or an IRA -LRB- you probably want to consider a Roth IRA . -RRB-


Input: Does Home Insurance Cover Ice Dam Damage?

Output: Most HO-3 homeowners insurance policies will cover the damage from ice damning . Insurance inspectors are very knowledgeable about this type of damage and can tell the difference between lack of maintenance or pre-existing conditions and damage caused by ice damning . Always read your policy and contact your insurance professional before making a claim . Hope this helps


Input: Does Home Insurance Cover Ice Dam Damage?

Output: It may . If you have maintained the property properly your homeowners policy will possibly cover the damage caused from ice damming less your policy deductible . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Does Home Insurance Cover Ice Dam Damage?

Output: Always check with your Insurance Professional about the details of your particular coverage , but generally speaking , these types of claims would be covered . If however it is determined that therewas pre existing damage that had not been repaired , this might negate the claim . So always maintain your home and by all means report any claims promptly and completely .


Input: Is Medicare Supplement The Same As Medigap?

Output: Yes . Medigap is simply another name for Medicare supplement . There are a total of 10 plans -LRB- plans A , B , C , D , F , G , K , L , M , and N -RRB- available plus a high-deductible version of the plan F. Plan F is your most comprehensive Medigap plan as it covers all 9 supplement benefits at 100 % . 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 . Thanks very much .