Input: Can I Get Life Insurance If I Have Multiple Sclerosis?

Output: Two years ago I featured a week long series on Women Against MS on my daily financial talk show , The Business Insurance Zone . On one of the episodes , we outlined the stages of MS. The stages of MS are important to life insurance underwriters to categorize theunderwritingoffer . A preliminary discussion with a life insurance professional can help determine whether to seekcoverageand receive a non binding estimation of the cost .


Input: Can I Get Life Insurance If I Have Multiple Sclerosis?

Output: Our agency specializes in life insurance for people with Multiple Sclerosis , and we find that they are often very discouraged by their experiences in trying to find get insurance . They say it is a breath of fresh air to talk to agents who understand their disease and know what options are available for each type of MS. So my number one answer to this question is yes , just make sure you go to someone who specializes in MS life insurance . Whether your MS is relapsing remitting or one of the progressive types will be the first indicator of whether you can get a medically underwritten policy . If progressive , there are a number of No Exam policies available . If in a wheelchair or needing help with ADL 's , guaranteed issue is the only choice . Relapsing remitting MS with minimal to moderate symptoms , stable and effective treatment , able to work -LRB- although being on DI will not matter in some cases -RRB- , and no large effect on memory will result in a policy rated Standard to table 4 with the carriers we find best for multiple sclerosis life insurance .


Input: What Are Regular Annuities?

Output: By `` Regular Annuities '' you may be referring to `` Ordinary Annuities '' . Ordinary Annuities have payments made to the annuitant on a regular basis , with the payments being the same each time , and the spacing of the payments being consistent . The payments are made at the end of the pay period , which is usually monthly , semi-annually , or annually .


Input: How Safe Is A Fixed Annuity?

Output: How safe is a fixed annuity ? It is as safe as the company you buy it from and the state you live in . First the company you buy from , did you check to see if they are financially sound ? What ratings do they have ? How big are they ? Try not to make the only thing you look at the interest rate offered . The state you live in matters because they regulate the quality of insurance products in your state and back them up to a certain extent . Check there as well for any problems they have dealt with .


Input: Why Is USAA Auto Insurance So Expensive?

Output: Great question on USAA . This company only deals with veterans or former or current military foks . The price could be higher depends on your situation or driving record . Not every one can get a policy with them and that might be the reason for the rate being a bit higher that other companies . I would shop around to see others rates .


Input: Can Life Insurance Be Cashed In?

Output: Life insurance that has a cash value can be cashed in . When it is cashed in , the policy ends . There are some other options , such as borrowing from the cash value , that could be considered if you want to keep your policy in effect . Term life insurance does not have a cash value , and some permanent policies do not have more than a negligible cash value for years , or never generate much cash value . Those type of policies could be stopped , but could not be technically cashed in because there would be no cash to collect .


Input: What Is A 404C Retirement Plan?

Output: 404C is not a plan , but the regulatory section of the IRS code that governs compliance over ERISA Retirement Plans like 401 -LRB- K -RRB- s. Fiduciary responsibility to comply with the prudent man rule falls on the plan administrator or employer . 404 -LRB- c -RRB- compliance is a critical component used by fiduciaries responsible for the compliant operations of a qualified plan .


Input: Does Medicare Pay For Caregivers In The Home?

Output: Under Medicare any type of Home Health Care is limited . They will provide some skilled care on a temporary basis but Medicare generally will not pay for custodial care in any long term care environment . That is why it is important to carry some type of Long Term Care Insurance that will provide Home Health Care . Some policies even pay family members for providing care . A good agent who does long term care planning can help you find a program that will help .


Input: What Is A Deductible On Renters Insurance?

Output: Renters Insurance is also known as Tenants Insurance , it is a basic policy form offered by most insurers designed to provide contents coverage and liability protection in the event someone becomes injured at the residence . Renters Insurance has 2 sections of coverage ; the first covers the Personal Property Coverage and the second section covers the Liability and Medical Payments Coverage . Policies have various deductible options available ; the deductible only applies to the first section of the policy . The deductible is the amount deducted from the total amount payable to the insured in the event of a claim.It is important to note that insurance premium rises with a lower deductible and insurance premium is reduced with a higher deductible . This should be an important factor during the process of seeking Renters Insurance . Renters Insurance is usually less expensive than most people may think , a basic renters policy may cost between $ 150 $ 300 per year depending on geographic location and amount of coverage selected . Since consumers are increasingly wishing to handle business online , we have devised an online platform available to obtain a quote and buy renters insurance online in multiple States ; it may be used directly by Consumers . This technology provides an exemplary online experience for all ! WEBSITELINK It is important to contact a licensed professional to assure that any unanswered questions are satisfied .


Input: How Long To Collect Life Insurance?

Output: Once a claim has been made the company should release the benefit soon after . If there is a policy which you are the beneficiary but you do not know where or who has the policy , you can go to mib.com , click on find a policy . There is a small fee but if a policy was taken out and underwritten , there should be a record of it 's existence .


Input: How Long To Collect Life Insurance?

Output: There is no limit on how long you have to collect the death benefit on a policy for which you were named beneficiary . There is a time limit for how long you can contest a policy for which denial of benefits was made due to misrepresentation on the application . This varies from state to state .


Input: Can You Sell Your Whole Life Insurance?

Output: There are life settlement companies that will evaluate whole life insurance policies to see if they want to buy them . Ironically , in order to sell your policy , it will need to be robust while you are a person will need to be frail -LRB- of an older age and/or with reduced life expectancy -RRB- . Sometimes a family member will be happy to take over payments of your policy so that you do n't have to lose it . Selling your life insurance usually does not bring you the cash you hoped . Still , if you would like to look into it , I would be happy to assist you so that you do not fall into the wrong hands .


Input: What Kinds Of Life Insurance Is There?

Output: There are two basic types of life insurance : Term and Permanent . Term insurance is for temporary needs -LRB- e.g. paying off your mortgage , getting your children through college , etc -RRB- . Permanent Insurance comes in Whole Life and Universal Life . It is for needs that have no end -LRB- e.g. funeral expenses , leaving money to grandchildren , etc -RRB- . Once you identify your need -LRB- s -RRB- for life insurance , an insurance professional can help you determine what kind of life insurance will best work for you .


Input: What Kinds Of Life Insurance Is There?

Output: The basic types of life insurance are term , whole life and universal life . There are several variations of each type available , much to numerous to mention here . Here are the basic characteristics : Term insurance - covers you for a specified term -LRB- 10 , 20 , 30 years -RRB- and then the rate increases until the policy expires at a given age . Typical 80 or 85 . Very inexpensive initially , but renewals in later years could be cost prohibitive . Whole life - coverage for the whole of your life . Premiums usually level and guaranteed . This type of policy usually has a build up of cash value , that in some cases in could be quite significant . Universal Life is essentially an unbundled whole life . Subject to minimums and maximums you choose the premium you pay and how the cash value is invested . Flexibility is a double edged sword since this type of policy needs to be managed . Since there are some many options available , you will need help choosing . An independent life insurance broker , who represents several companies , can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Kinds Of Life Insurance Is There?

Output: That is a great question ! There are two basic types of life insurance , one that ends , and one that does n't . The one that ends is called `` term '' insurance . This type of policy is advertised often on TV and in mail by large Senior Citizen friendly companies , and unless you realize that it ends when you turn 80 , can be in for a big , unpleasant surprise . The term policy as a clearly stated end date , has no value if it does n't pay out , and becomes very expensive very quickly if renewed . `` Whole life '' insurance is exactly that - insurance for your whole life . It is more expensive than term life , because as long as you make your payments , it 's going to pay out -LRB- most term policies never do , that 's why they are so cheap -RRB- . If you would like to discuss which one might be best for you , contact me , and I 'll make time for you . Thanks for asking !


Input: How Much Should I Get Life Insurance For?

Output: It depends . There are different rules of thumb such as 10 times your annual salary . I find that rules of thumb do n't necessarily work . The number depends on your situation , the needs you 'd leave behind if you were n't there . If you 're married especially with kids , you want to leave enough behind for them to go on like you would have wanted them to or the way they would have gone on if you were around . So , there 's no easy answer . Find a qualified agent that will help you figure out how much . We have a retirement planning software that breaks it down to a pretty accurate figure . Hope this helps .


Input: How Long Does Life Insurance Approval Take?

Output: Depends on the type of program you 're applying for . For non-medical policies - it can take as little as 48 hours or up to about 2 weeks -LRB- depends on whether they need to get a doctor 's statement -LRB- called an APS - attending physician 's statement -RRB- , waiting on the completion of a phone interview , etc. , if applicable -RRB- . For traditional programs -LRB- one 's that include an exam -RRB- - it typically takes about 4-6 weeks to complete the underwriting process . This is due to the amount of time it takes to process the lab work -LRB- blood tests , urine tests , ekg , etc. -RRB- , get the doctor 's statement -LRB- APS -RRB- , and for the carrier to review the file . If the carrier is having a difficult time trying to track down the doctor 's statement , they 're backed up case-load wise , or they need to get clarification on certain items , it may take a little longer . Even though it takes about 4-6 weeks on average for these programs , it 's helpful to allow 6-8 weeks for it to wrap up . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: How Long Does Life Insurance Approval Take?

Output: In some cases with electronic applications , you can be approved at the time of application . For larger amounts it may take 2 weeks after all requirements have been received . That would include all medical evidence , tests and any other reports . Once the company has all the underwriting information the approval process is usually prompt . 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 Long Does Life Insurance Approval Take?

Output: Life insurance approval can take from several minutes to several months . Each policy has what is called `` underwriting requirements '' based on your age and the face amount of the policy you are applying for . Nonmed policies -LRB- policies that have smaller face amounts and do not require an exam -RRB- will go into effect much faster than policies whose underwriting requirements include an exam and medical records . Obviously , taking your exam in a timely fashion will speed up the process . It also helps to provide the complete name and address of all the doctors you have seen in the past 5 years , or since diagnosed with a chronic health condition . Using an experienced broker is important to have a smooth underwriting process and the best possible result .


Input: How Long Does Life Insurance Approval Take?

Output: This depends upon your health and activities . If you are in good health and young , it can take as little as three days . If you are elderly and in poor health , it may take a month . The more doctors you have seen recently and the more medical procedures you have undergone recently , the longer it may take . This is why you want to buy life insurance as soon as you can , while you are still insurable . Thank you . GARY LANE .


Input: Why Do I Need Life Insurance If I Am Single?

Output: You may not `` need '' life insurance , but you might want to buy it . I often recommend that a young single person purchase a quality permanent plan of insurance for final expenses and then purchase additional amounts of term life insurance as life events occur -LRB- marriage , children , mortgage , etc. -RRB- . In later life , the term ends asinsurance needs reduce , and the insured person then has very inexpensive life insurance for wrapping things up after a long and productive life . If it can be afforded , a goalfor paying off the premium on the permanent plan early can be made so that covering some or all of the final expenses will be with `` free '' life insurance . If the permanent plan is participating whole life -LRB- life insurance that pays a dividend -RRB- , later in life the dividend may be large enough to either greatly reduce or eliminate premium altogether with the possibility of having an increasing death benefit as surplus dividends purchase additional coverage going forward . The variable in this strategy is insurability . None of us knows if we will become uninsurable in the future due to accident or illness . Buying permanent insurance as young as possible and getting the lowest premium possible is an important factor in planning . The second best choice is a fully convertible term plan of insurance that allows the insured to convert or exchange all or part of the terms death benefit to a permanent plan of insurance with the same carrier . There is no need to medically qualify in exercising this contractual guarantee . -LRB- NOTE : Be careful to assure yourself that the conversion is contractually guaranteed for the full period that the policy is in force . Some carriers have weakened this feature with limitations and exceptions . -RRB-


Input: Why Do I Need Life Insurance If I Am Single?

Output: The first reason is the younger you are when you purchase a policy the less it will cost . That being said . Do you have any charities or close family members that you would like to be the beneficiary on a policy as to leave a legacy . Life insurance is not for the person that has died but for the people that are left behind .


Input: Why Do I Need Life Insurance If I Am Single?

Output: Life insurance is relatively simple and quick to cash in upon death , making it an especially appealing source of funding for single persons who might not have someone to do a lot of legwork for them when they die . Just having a $ 250,000 policy would be enough for most single people to pay off their debts , hire executors to hold an auction or sale of their belongings , pay for their funerals , and still have some money left over to leave some special people in their lives .


Input: Can I Claim Homeowners Insurance On My Taxes?

Output: This is not an accountants answer . The expense for doing a business can be deducted . If a part of a home is used to conduct a business , or as an in-home office , the percentage of the homeowners premium that would be represented by the space occupied by the business or office could be deducted from your schedule C . You should let your homeowners policy company know that you are conducting a business or keeping a business office on premises . This risk is excluded on most policies . Interestingly there are some businesses that are not excluded ; one is piano lessons .


Input: Where To Get Life Insurance For My Parents?

Output: Their age , health history and current medical condition will be determining factors on which life insurance companies you should review . There are life insurance companies that are excellent at underwriting impairments , underwriting geriatrics age 80 plus , specializing in smokers and underwriting very healthy people .


Input: Where To Get Life Insurance For My Parents?

Output: You can go to a website or talk to an agent who specializes in Final Expense Life Insurance to get Life Insurance for your parents . Many parents are not keen on taking an exam , and Final Expense policies usually have minimal underwriting requirements . They also allow for some of the common maladies of older age such as hypertension , type 2 diabetes , and arthritis . Finally , these type of policies are usually Whole Life and come in smaller face amounts , making them ideal for funeral related costs . If you are looking for larger policies for your parents , an exam will be required and some companies now ask cognitive questions of seniors applying for large face amounts . Ironically , the more extensive the underwriting requirements , the better the price for that policy may be . Again , seek a website or call an agent that offers Senior life insurance to be sure you are getting the best price , as prices vary widely for this age group .


Input: How Cheap Is Mobile Home Insurance?

Output: There 's many options for mobile home insurance . Some companies will write this on a standard HO-3 form . An example of a price on a $ 100,000 value of the `` dwelling '' would be around $ 350 - $ 500/yr depending upon claims , credit & location of the home .


Input: How Cheap Is Mobile Home Insurance?

Output: The best place to start is a conversation with your Insurance Professional . Talk about your coverage options , the age and value of your Mobile Home . Talk about where it is located and how it is secured to the property . Discuss any specialty items that may need to be included like awnings or porches to be sure you do n't have any gaps in coverage or protection . All of these things may be factors in determining the amount of premium charged for the coverage needed . Be sure to also ask about any and all discounts that may be available by perhaps bundling your car and home together with the same Insurance Company . In general , these policies are not that expensive .


Input: How Cheap Is Mobile Home Insurance?

Output: Mobile home insurance costs vary depending on the amount of coverage requested . You would have the value of the home at actual cash value and the value of your contents which can be actual cash value or replacement costs . You would also be adding coverage for any additional structures like storage sheds ... etc seperately .


Input: How Do I Qualify For Medicare Part A?

Output: Most people will qualify for Medicare Part A at no charge . If you -LRB- or your eligible spouse -RRB- have at least 40 Social Security wage quarters , have lived in the US at least 5 years and are age 65 -LRB- or older -RRB- you should qualify for Medicare Part A. Medicare Part B requires a premium to be paid .


Input: Can You Roll An IRA Into A Retirement Plan?

Output: An IRA is a qualified retirement plan . It can be rolled over to another IRA or if you 're willing to pay the ordinary income tax in the year of transfer , a Roth IRA . Many plan participants roll over their company qualified plans into on IRA when they terminate their employment .


Input: Where Should I Buy Critical Illness Insurance In Colorado?

Output: WEBSITELINK his is the American Association for Critical Illness . You can search for agents in your area . Stand alone Critical Illness -LRB- CI -RRB- policies will cover more conditions than products which have CI built into them such as Life Insurance with CI . There are advantages to each type of product so be sure to ask questions , get illustrations to see what exactly covered .


Input: Where Should I Buy Critical Illness Insurance In Colorado?

Output: To find out where to purchase Critical Illness Insurance in Colorado , you can search for an agency that sells Health Insurance , and they should be able to help you . Many other agencies carry Critical Illness Insurance as a product to round out their offerings of Life , Disability , and Long Term Care Insurance . When you find a good agency and a helpful agent , they can guide you to the best policy for your situation .


Input: What Is Cash Surrender Value In Life Insurance?

Output: Answers above are correct , but thought you might like to know that 1 . The column that is usually titled `` Account Value '' is the cash value that is usually used by the carrier to determine the amount of loanable money the policyowner may borrow . 2 . When the cash value in the `` surrender value '' column equals the `` Account Value '' , it indicates that the surrender period or charges are no longer part of the cash value equation . However , if a loan is still outstanding , the surrender charge period could be over , but the loan would be reflected in a surrender charge lower than the account value .


Input: What Is Cash Surrender Value In Life Insurance?

Output: The cash surrender value of a life insurance policy is the amount of cash the owner would receive if the policy was cancelled or terminated by the owner . The number is calculated by taking the cash value in the policy and subtracting any applicable loans and/or surrender charges . There is a difference between cash value and net cash surrender value due to these loans and charges .


Input: What Is Cash Surrender Value In Life Insurance?

Output: Cash surrender value in lie insurance is the amount of money you would walk away with if you decided to end a permanent policy before you passed away , or before the policy matured . Term life insurance does not have any cash value , so has no cash surrender value . In Whole Life or Universal Life , there is a surrender charge deducted from the cash value the first years , so there may be little or no cash surrender value until you have had the Whole Life or Universal Life policy for a few years . The amount of surrender value will depend on how you funded the policy , whether you had any loans out against it , policy performance , and length of time the policy was in effect .


Input: Where Can I Get Auto Insurance Quotes?

Output: Auto insurance quotes are easily found on reputable websites that are furnished by us - experienced brokers . You 'll find that we make it easy for you to compare the lowest available auto insurance prices from the most reputable companies in your area . Need an SR-22 Bond or a low down payment ? Our job is to find them for you quickly so you get covered as cheaply as possible .


Input: How Long Does It Take To Settle A Life Insurance Claim?

Output: Life insurance death claims are generally filed by the beneficiaries of the policy . The beneficiaries contact the insurance company for their death claim forms and return them with an obituary and certificate of death . The process should take between 30 and 60 days . If the death occurred within the two year contestability period , a standard investigation will ensue which can delay payment .


Input: Is Long Term Care Insurance Worth The Cost?

Output: I was asked the same question by a client with a $ 7,000 annual premium for both spouses . If your not sure , you probably need it ! After all , someone asking may not be able to afford the average cost of $ 70,000 + per year to cover one person . Having said that , it may be advantageous to look at the new riders on both term and permanent coverage that allow for using the death benefit to pay for LTC under certain circumstances .


Input: Is Long Term Care Insurance Worth The Cost?

Output: I was asked the same question by a client whose annual premium for both spouses was $ 7,000 . If you 're not sure , then you probably need it ! After all , someone asking may not be able to afford the average cost of $ 70,000 + per year to cover one person . Having said that , it may be advantageous to look at the new riders on both term and permanent coverage that allow for using the death benefit to pay for LTC under certain circumstances .


Input: Is Long Term Care Insurance Worth The Cost?

Output: Long term care insurance is not worth the cost if it causes you to cut back on groceries or medication or other essentials needed for a healthy and happy life . If you have very little savings , assets or investments , long term care insurance may also not be worth the cost . If you can afford it , you might want to buy long term care insurance for the options it offers you for your care . However , you would not need it to protect your assets if you do not have assets to protect . Long term care insurance IS worth the cost for those who have a lot to lose if they would have to pay expensive nursing home , assisted living , in home , or other care costs for an extended period of time . It also is worth the cost for those who have strong feelings about being able to pay for the type of care they want , rather than rely on where Medicaid allows .


Input: Is Long Term Care Insurance Worth The Cost?

Output: Long Term Care Insurance is worth the cost when you consider the cost of paying for nursing home or other extended care coverage . If you can pay $ 1.000 per year to pay for long term care costs of $ 100,000 per year , the cost is not out of line , especially if you can get a policy with return of premiums if the policy is not used .


Input: Is Life Insurance Acceptable In Islam?

Output: Do to its use of interest and chance there are those who believe that insurance is not permitted in Islam -LRB- i.e. that it is haram or sinful -RRB- . Due to the spiritual nature of this question , you should seek the advice of an Imam for further guidance on Islam 's position on insurance .


Input: What Happens To Homeowners Insurance After Foreclosure?

Output: Insurance companies offer homeowners ' insurance policies to people who own and occupy their residence . Once foreclosure occurs , you may occupy your residence but you no longer own it . If you are allowed to remain in the home for a period of time , you may be able to contact your insurer , explain the circumstances and have your policy amended to a Tenant Homeowner form . Tenant homeowner policies are issued to people who occupy a residence but do n't own it . The coverage is similar to homeowners ' insurance except it does n't cover the structure . It covers certain damage to your personal property , additional living expenses you may incur should your home be damaged and your have to live in temporary quarters while it is being repaired and certain personal liability exposures . You may need to adjust the amount of insurance on your personal property be consistent with what it would cost you to replace all your personal things . If you move to a rented home or apartment , you may be able to amend your homeowners ' policy to a Tenant Homeowners ' form and amend the address to that of your new residence .


Input: How Much For Short Term Disability Insurance?

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


Input: How Disability Insurance Works?

Output: Disability insurance is paycheck protection . The first item of consideration is the elimination or waiting period . Most working Americans have around 90 days on cash reserves for an emergency , so 90 day elimination period . Your waiting period may vary . If you experience a prolonged sickness and/or recovery from injury , you policy would pay a tax free monthly income to you .


Input: How Disability Insurance Works?

Output: Disability Insurance , commonly referred to as paycheck protection , pays a portion of your income should you become sick or disabled and are unable to work . Each policy has a pre-determined waiting period -LRB- how long until you start receiving payments -RRB- as well as a benefit period -LRB- how long you 'll receive payments -RRB- . The provisions in your policy are determined by your age , current health , and most importantly , your occupation .


Input: Does USAA Sell Disability Insurance?

Output: While USAA offers a very large roster of insurance products , USAA does not sell Disability Insurance . To get Disability Insurance , you can contact a Life Insurance agency that sells Disability Insurance either in a brick and mortar office or on the internet , or locate a disability insurance broker locally or online .


Input: What Is Metropolitan Life Insurance Company?

Output: MetLife is another name for Metropolitan Life Insurance Company . MetLife , Inc is the holding company for Metropolitan Life Insurance Company . The company is one of the largest providers of life insurance in the world . To compare MetLife quotes with other life insurance companies , search for an instant quote on the internet , or call an insurance agency that carries multiple companies .


Input: Why Is Life Insurance So Expensive In South Dakota?

Output: Life insurance is n't any more expense in South Dakota vs. any other state in the United States . The problem could simply be the type of insurance that you are looking at . Life insurance is priced based on the type of insurance , the insured 's age , and health status . There is nothing about the state of South Dakota that makes life insurance there more expensive .


Input: Why Is Life Insurance So Expensive In South Dakota?

Output: Life insurance premiums are based on the age of the insured persons , their health status , gender , tobacco usage , and the type and amount of the life insurance policies they are purchasing . While a life insurance policy in South Dakota might seem expensive compared to the quotes you hear on TV for short term policies for young persons in perfect health , the rates are higher due to these other factors , and not because you live in South Dakota . To find a less expensive policy in South Dakota , contact an agency that sells a number of companies . You will be able to shop multiple options in one spot and get the most competitive price .


Input: How Can I Plan For Retirement?

Output: To start planning for retirement , you should begin to think of how you will generate the income that you have now once you are in retirement . To do this , you simply determine what amount of money will be needed when you retire to generate the income that you now earn . You can then calculate the amount of money you will need to save accumulate this sum of money by the time you wish to retire . There are other quicker rules of thumb like saving 15 % of your income , but you should be careful not to fall into a false sense of security about how well retirement will work out simply by savings a certain amount determined by a broad rule of thumb .


Input: Will Renters Insurance Cover A Broken Window?

Output: Renters insurance covers your personal belongings in the event of a covered loss . Since the window is owned by the landlord if there is any coverage , his insurance would pay . Even if there were coverage , however , most window replacements would fall very close to the deductible of most policies . It would not make sense to turn in a claim .


Input: Why Is Medicare Underfunded?

Output: The simple answer is , because Congress has no idea how to manage a health insurance system . Medicare is not now , and never was , run like a business . It was a political vote buying scheme . As long as DC has the ability to print money and hand out `` goodies '' without regard to balancing the books , Medicare and other programs will continue to be underfunded .


Input: How Much Of Hospice Does Medicare Cover?

Output: Medicare covers most of the care received under hospice for those who are terminally ill . The services and supplies provided while under hospice are paid for fully by Medicare . There is a 5 % charge of the hospitalization if a hospice patient is hospitalized so that their caregiver can have a respite . There is also a $ 5.00 co-pay for medications that provide relief of pain and/or symptoms .


Input: How To Compare Individual Health Insurance Plans?

Output: That is a great question ! Thanks to the Affordable care Act -LRB- Obamacare -RRB- , there are now exchanges where you can look at several policies to compare them . Even so , they can still be confusing . How do you know what to look for ? I 'd ask you to contact one of the advisers available on the site , or a qualified agent to help find the right policy for you , but here are some simple things that you can look at to get an idea . -LRB- I have simplified this greatly -RRB- The OUT OF POCKET COST - this is what it will cost you to get your service , Doctor visit , or service . The out of pocket is determined by your DEDUCTIBLE -LRB- the amount that you pay before the insurance company pays - a high deductible plan will cost less in monthly premiums , but more when you need medical help -RRB- , your CO-PAY , -LRB- the amount that is charged to you for the service rendered . Typically , the lower your out of pocket , the higher your monthly premium will be . If you/your family are healthy people with few prescriptions or medical needs , a high deductible plan with a low monthly cost might make sense . The PREMIUM - this is the monthly cost of the policy that you will pay to the insurance company for the coverage the policy will provide . The COVERAGE - what the policy will allow for services , Doctors , and prescriptions . Here 's where an adviser can be really helpful . You want the policy that covers the most things for the least cost , while allowing you the most freedom over who to use as the provider of the services . If you have a medical need that requires frequent services , and you 've had the same Doctors for awhile , you 'd want to be sure that the policy allows that doctor to continue being your Doctor -LRB- They call this in-network , or out-of-network and charge accordingly -RRB- , and that his/her office accepts that insurance . This is a greatly simplified overview , and I would still advise that you have someone help you when you are choosing , but this hopefully gives you a better idea of how to get started . Thanks for asking !


Input: How To Compare Individual Health Insurance Plans?

Output: Very carefully . Shopping for health insurance has never been particularly easy for the average person and with the implementation of the Affordable Care Act it is more complicated than ever and the consequences of making a bad decision or no decision can have significant financial implications . Web sites , whether they are Healthcare.gov or insurance agent or insurance carrier based can only go so far . Buying health insurance is n't like buying a hotel room online , as a lot of people who enrolled themselves through Healthcare.gov have painfully learned . The bottom line is that you should seek out an experienced health insurance agent who represents multiple health insurance carriers and who is certified to sell coverage through Healthcare.gov or your state 's health insurance marketplace . You can no longer assume that your doctor is available as an in-network provider with every health insurance plan offered by a health insurance company that you think you are familiar with . For instance , here in Tennessee the Blue Cross/Blue Shield plan offers identical looking health plans through Healthcare.gov with three different PPO networks each of which has a different price point . The lower the monthly premium gets the narrower the provider network gets . Human nature is to gravitate towards the lowest cost plan if the benefits look the same and that 's fine until you find out your long time doctor does n't participate in that product 's network . In the world of ObamaCare once you 've enrolled and the open enrollment period has closed you are stuck with your plan selection until next year 's open enrollment . If you are using specific prescription medications you really need to do your homework there and that 's where having professional guidance is so crucial . You should verify if your medication is covered in the prescription formulary of any health insurance carrier you are considering . Then , if it is covered , at what tier level in the pharmacy coverage is it covered ? Will the insurance carrier require you to get reauthorized to continue using that medication or require you to reinvent the wheel and go through what is referred to as step therapy where you may have to try to use other , less expensive medications to treat your condition before you are allowed to continue using your current medication ? These are all real possibilities and I have n't come across an individual consumer yet who figured these things out on their own . What coverage does the insurance plan you are considering offer if you want to go outside of their network ? Some health insurance brands you may have been familiar with in the past have totally reworked their individual insurance products so as to provide little or no out-of-network coverage . What is the health insurance plan 's policy on access to facilities such as M.D. Anderson , the Mayo Clinic and other such nationally prominent specialty health care providers ? You should not assume that all health plans will allow access to such facilities . If you have a chronic health problem or have had a family history of health issues where access to such facilities might be important to you , it 's better to figure that out in advance . THIS ANSWER WAS PROVIDED BY : Marlin McKelvy , a Chartered Benefits Consultant with 30 years of industry experience and a web site at www.cdbsagency.com but who is committed to providing personalized advice and guidance because an informed client is a happy client .


Input: How To Compare Individual Health Insurance Plans?

Output: how to compare individual health insurance plans ? Well , the way I do it is by review of features . You review deductibles , co insurance , out of pocket maximums , office call provisions . The ACA has standardized many aspects of health insurance as far as minimum coverage , so all plans will have the same basics . The big thing is compare out of pocket maximum or stop loss in a plan . This represents in the worst case what you would have to pay .


Input: How To Compare Individual Health Insurance Plans?

Output: Individual health insurance coverage can be easily compared , which allows you to obtain the lowest available rates along with quality benefits . The key is finding the best offered plans , and understanding what type of policy you need . Utilizing an experienced broker is also critical . You 'll receive valuable free advice from a resource that represents all major carriers . Verifying that your doctor , specialist , or hospital is `` in-network '' is just one of the many important services that we -LRB- experienced brokers -RRB- provide . And having a clear understanding of how your prescription coverage will be treated is also quite important . Now that the ACA legislation has been passed , and single and family healthcare coverage is so different than prior to 2014 , it 's imperative to work with an experienced broker that can help you understand which plans best meet your budget and still offer the comprehensive -LRB- or catastrophic , if needed -RRB- benefits that will pay your medical bills . Another important factor is the accurate calculation of your federal subsidy . Depending upon your FPL -LRB- Federal Poverty Level -RRB- , you may qualify for financial assistance that pays most or all of your premium . Understanding network availability is also critical when reviewing different plans . If you live in Ohio , for example , is the Cleveland Clinic a covered provider ? That 's the type of information that must be considered along with the obvious rate and benefit concerns . IMPORTANT : The answer to this question was provided by Edward Harris , one of the nation 's premier health insurance experts with more than 34 years of experience . Harris manages several top-rated websites , including majormedicalhealth.com , which provides the lowest health insurance rates to consumers from the largest carriers . Our clients receive unbiased service and advice at any time .


Input: Does Renters Insurance Cover Engagement Rings?

Output: That 's a great question ! A large part of the answer will depend upon your policy . Most of them will certainly pay for a portion of it , but that portion can be only a little , or a sizable amount , depending upon the policy . As you add expensive items , like the ring , take a moment and have the policy changed to ensure that these items are adequately covered . I hope that you find it ! Thanks for asking !


Input: Does Renters Insurance Cover Engagement Rings?

Output: Jewelry should be covered by your Renter 's Insurance , but would be subject to internal limits in the policy -LRB- often somewhere around $ 1,000 or $ 1,500 per item -RRB- . The best thing to do is to take an appraisal to your insurace agent and ask them to add specific coverage for that item . When they list it on the policy -LRB- also called inland marine in the insurance world -RRB- you will pay some more premium but will get expanded coverage on the listed item beyond the normal policy limits . This is not expensive to do and often adds coverage for things like mysterious disappearance .


Input: Does Renters Insurance Cover Engagement Rings?

Output: A renters insurance policy will cover the theft of jewelry however in most cases the limit is $ 1000.00 . If this is not enough coverage then I suggest you schedule the ring for an additional premium so the ring is fully covered for it 's value . Also when you schedule an item the coverage 's are broadened to include mysterious disappearance .


Input: Does Renters Insurance Cover Engagement Rings?

Output: Property losses , such as an engagement ring , are covered by a renters policy subject to internal limits and a deductible . Your $ 3,000 engagement ring if stolen would be adjusted by the deductible and the policy limit . As a result you would receive approximately $ 1,000 for your loss . High valued items should be scheduled to avoid deductibles and make sure the loss is fully covered .


Input: Does Allstate Have Health Insurance?

Output: Allstate does not underwrite and issue health insurance under their own brand . It is quite possible in your state that they have a marketing arrangement with a health insurance carrier that will actually underwrite , issue , collect premiums and pay claims . Your Allstate agent may or may not be well versed in health insurance options . You should always consider using an independent agent that specializes in health insurance plans .


Input: What Is The Best Life Insurance For Over 50?

Output: There is no one carrier that is the best in term or permanent life insurance . As you become older , a critical component that separates one carrier from another is underwriting . Your health history and current medical condition play a significant role in securing the best price and product . As you getting beyond age 50 , a handful of carriers emerge as significant players .


Input: What Is The Best Life Insurance For Over 50?

Output: The best life insurance for over age 50 is usually permanent life insurance . Unless there is a short term need that can be met by term insurance , any term policy at this age could very easily end before death occurs . When the term ends , it could be difficult to find a new policy . Not only do health conditions become far more common at older ages , but the price for life insurance increases exponentially in the senior years . There are a number of permanent policies that can be purchased for persons at age 50 with no medical exam required . There are also guaranteed universal life policies that do not have much cash value , sot hat you are buying longevity of coverage without paying more to generate cash value .


Input: Who Can Take Out A Life Insurance Policy On Me?

Output: Life insurance is fundamentally protection for family members , business partners and charities who depend on donors . Life insurance is premised on the economic relationship between the policy insured and the policy beneficiaries . If there is no insurable interest the application for life insurance will be denied . And no one can take out a life insurance policy on you without your written consent on the application .


Input: Who Can Take Out A Life Insurance Policy On Me?

Output: For someone to take out a life insurance policy on you , they must share an insurable interest with you . I.e. . If you passed away , it would cause them financial harm . Also , you must give them permission to take out the policy by signing the application and cooperating with any of the underwriting requirements , be that an exam , phone interview , etc. .


Input: Why Should I Buy Life Insurance?

Output: Excellent question ! Life insurance is a financial instrument that has applications in financial , estate and retirement planning . The one thing that it does better than anything else though is create cash at death . You buy life insurance because you care what happens to those you leave behind when you die - it is an unselfish act . The specific reason for your buying depends on your individual circumstances and objectives . For example , it could be to protect you family , protect your businesses for your family and/or ensure your legacy . If there is a need for a death benefit , often there are living benefits for you . That means there could be something in it for you , in addition to peace of mind . An independent broker , who represents several companies , can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Why Should I Buy Life Insurance?

Output: Everyone will always have a need for some amount of life insurance for some length of time . There really is n't any type of person that does n't need life insurance . Many people never think about all the uses for it or the needs that should actually have covered that are n't . Commonly , you 'll likely have a mortgage for a house , loans for cars , credit card debt , medical bills , burial expenses , etc. , that you would like to have paid off in the event of your death so your family does n't suffer financially due to the lost income . Another common use is income replacement -LRB- this is a common one that most people do n't think about -RRB- so your family can maintain their current lifestyle rather than having to make dramatic changes.Many people may buy a life insurance policy for estate planning purposes so they can transfer assets at the lowest possible cost.In short , regardless of where you are in life , you will always have a need for some form of coverage . I hope the input helps - please feel free to contact me with any other questions . Thanks very much .


Input: How Important Is Critical Illness Insurance?

Output: Critical illness insurance is a relatively new product in the US . Originating in South Africa and Europe , critical illness customarily pays a lump sum cash benefit on first diagnosis for as many as 20 or so `` dread diseases '' . More broad in scope than just a cancer plan , critical illness is something everyone should consider .


Input: How Important Is Critical Illness Insurance?

Output: Critical Illness Insurance helps you pay for the costs not covered by your regular health insurance . Rather than receive monthly payments -LRB- like you would with disability insurance -RRB- , you 'll receive a lump sum payment upon diagnosis . The money can be used for anything , including bills , co-pays , mortgage payments , savings , child care , etc.With Critical Illness Insurance , there is n't a waiting period , so you will receive the money immediately . If you havea disability insurance that does n't kick in until after a waiting period , this moneycan help fill in the gap . if you have a high-risk profession that makes you unable to receive DI , you can typically still receive critical illness insurance .


Input: Is Life Insurance PPI?

Output: PPI is Payment Protection Insurance that pays off a loan in case of disability , death , or being laid off a job . The payment goes directly to the lending institution . Life Insurance is different , in that it pays a beneficiary chosen by the policy holder and that beneficiary can use the money as they see fit . Also , Life Insurance is only paid to the beneficiary upon death of the insured person .


Input: Does My Health Insurance Cover Auto Accidents?

Output: Yes it does , but on a secondary basis . Essentially your auto insurance will pay first for any medical bills related to your car accident but your health insurance will take over once your auto insurance is exhausted . Obviously your health insurance wo n't cover the damages to the car or to other people 's property or the medical bills of anyone else injured who is n't covered under your policy so you still need an auto policy .


Input: Can I Get Car Insurance Without A Job?

Output: Yes , as long as you are able to pay your premiums on time . I am not aware of a carrier that asks for a persons employer name or even employment status when they are applying to receive automobile insurance coverage . If you are able to make your insurance premium payments on time the insurance carrier will more than likely provide you coverage for as long as you wish to be provided coverage .


Input: Can You Buy Long Term Care Insurance For Your Parents?

Output: Interesting , some baby boomers are taking the initiative to purchase long term care for their parents thinking they ultimately will bear the financial burden , so they preemptively purchase long term care for their parents . Of course the parents must willingly sign as the insureds , but why would n't they ? They get the coverage , their kids get the bill .


Input: Does Homeowners Insurance Cover Dog Bites Off Property?

Output: That is a great question ! I sincerely hope that you are just asking to know , and not because you need to know ... Contact your insurance company immediately . They may or may not cover the claim , based upon whether you had the dog when the policy was issued or not , the breed of the dog itself , and the wording of your liability portion of the policy . Dog bites and insurance companies are really case by case things , so contact your agent and ask . Good luck , and thanks for asking !


Input: Does Homeowners Insurance Cover Dog Bites Off Property?

Output: Generally the liability coverage offered under a homeowners policy covers the activities of your pets away from the property . The policies generally restrict their coverage considerably for dog bites . You might find a claim denied because of the breed of the dog . This is a very sensitive area and I would urge you to contact your agent immediately if your pet has bitten someone .


Input: Can I Get Health Insurance Without A Physical?

Output: Yes . Health insurance under the new Affordable Care Act is , in short , guaranteed issue - meaning carriers can not decline you for any pre-existing condition or health-related illness . There are no physicals required to secure an individual health insurance policy . To review available health plans in your area , talk to an independent agent/broker . If you 'd like some assistance , send me a message using the `` contact me '' button


Input: Can You Deduct Auto Insurance On Schedule C?

Output: This is not a tax expert type answer . Auto expenses are normally deducted based upon actual expenses incurred or business mileage . When you deduct actual expenses incurred you would deduct fuel , tires , maintenance and yes , insurance . When you base your deduction on business mileage you do not deduct insurance .


Input: How To Check If Someone Has Auto Insurance?

Output: Great question ! Unfortunately , finding out is difficult , due to the Patriot act , and the increased privacy protection laws . Unless you can demonstrate a really really good reason why a company would tell you who their clients are , you will not find out . If you were involved in an accident , you may be better served by having your insurance company do that footwork for you , they will have much better luck . If there is more you 'd like to know , please contact me , I 'd be happy to help . Thanks for asking !


Input: Does Medicare Cover Axiron?

Output: Basic Medicare , that is Medicare part a , does not cover any prescriptions outside of what 's administered during a hospital stay . If you have Medicare part D or Medicare Advantage prescription drugs are covered as part of your plan . Of course you have your co-pay share to cover so nothing is completely covered . But as long as a medication is prescribed and you have Medicare part D or Advantage it 's covered .


Input: Does Medicare Cover Axiron?

Output: Axiron is an FDA approved prescription medication used to treat low testosterone in males suffering from that condition . It is applied as an underarm testosterone treatment . While not covered by Medicare Part B , Axiron can be covered by Medicare Part D plans .


Input: Who Offers Vacant Home Insurance?

Output: There are a number of insurance companies that offer coverage vor vacant properties , both residential and commercial . Your Insurance Professionl can be a great resource in helping to find the right coverage for you if you are the owner of a vacant building . These specialty policies tend to be more expensive than standard occupied building forms because the risk to the insurance company is greater .


Input: Does Homeowners Insurance Cover Vehicle Theft?

Output: Theft is generally covered under your auto policy . There may be some occasions where a vehicle is considered personal property under your homeowners but this is rare . If you think there are special circumstances then it is best to check with your agent but as a rule the answer to your question is no .


Input: How Much Of Your Salary Is Covered By Disability Insurance?

Output: Along with what Peggy said , it 's important to note that you can always receive more benefit when you start making more money . Some people think , `` Oh , I do n't want to buy it now because I 'll be making more money in a few years . '' Do n't make that mistake ! You can either add a future increase rider to your policy -LRB- to avoid medical underwriting -RRB- , or you can just apply for a second policy when the time comes .


Input: How Much Of Your Salary Is Covered By Disability Insurance?

Output: This does depend on the type of policy you have but in general , it is difficult to get more than 70 % -80 % of your annual income covered by a disability policy . Also keep in mind that if you have a group policy through your employer that is paid by your employer , the amount of benefit you receive will be taxed as ordinary income . That means that depending on your tax bracket , that would reduce the amount of benefit . Feel free to contact me with any questions !


Input: How Much Of Your Salary Is Covered By Disability Insurance?

Output: That is a great question ! The answer will depend entirely on your policy , and the selections that you chose , when purchasing it . When you purchased the policy , the agent should have walked you through the exclusion period choices , the length of time the payments would be made , and the amount that would be paid to you . Depending upon your choices , that could be a very large percentage of your check , or a much smaller amount . If you are thinking about buying a policy , those are the things that you will need to consider when purchasing it . I hope that helped , thanks for asking !


Input: How Much Of Your Salary Is Covered By Disability Insurance?

Output: For a group Disability policy , the maximum of your salary that you will receive is about 60 % . For private Disability insurance , the maximum of your salary that can be replaced is about 80 % . These numbers will vary greatly depending on the policy , and if there are two policies . the total of the coverage can not be over the maximum amount .


Input: Can You Fund An Ira With Life Insurance?

Output: You can not fund an IRA with Life insurance premiums . You may use life insurance premiums in some qualified plans with limited contributions . Some plans allow up to 49.5 % whole life insurance in an annual contribution and 25 % universal life . Seasoned qualified plans may be able to rollover plan values into life insurance .


Input: Why Do Companies Offer Life Insurance?

Output: Life insurance companies is one of the oldest types of insurance polices . Itis a product that can protect a loved one or company from a sudden death of an important person whose skills of earning an income or value to a business for financial devastation . Statistically speaking it can also be one of the most profitable insurance plans to an insurance company if they manage their risk very well . From a consumer stand point it is the only type of life insurance policy that is guaranteed to pay a claim , as we are all guaranteed to die someday .


Input: Why Do Companies Offer Life Insurance?

Output: There is a chance that this question is asking `` Why do employers offer life insurance to employees '' . If that is the intent of the question , the response is to attract and retain qualified employees . Companies that offer life insurance as an employee retention tool provide group plans . In group plans the employer owns the contract , and pays the premium . All employees are automatically covered . That means people with poor health or preexisting conditions can get coverage .


Input: Is Chiropractic Care Covered By Medicare?

Output: Chiropractic care is covered under Medicare Part B. Your chiropractor must meet Medicare guidelines for licensure , etc. . Your chiropractic treatments must be deemed medically necessary . There are no annual or monthly limits on the number of visits covered under Medicare . A doctor gave a man 6 months to live . He could n't pay his bill , so the doctor gave him another 6 months.Ba-da-bing


Input: Is Plumbing Covered By Homeowners Insurance?

Output: Plumbing is not covered by homeowners insurance . The damage that is caused by water through and accidental circumstance is covered . Ebbing and Flowing water that comes from the outside into the house is not covered by homeowners so you need a flood policy to remedy damage . On the plumbing part of the question think of it this way if an insurance company can not see the pipes how can they insure it from the beginning . They have no idea what lies beneath and are not going to take on that risk .


Input: What Happens To A Fixed Annuity When You Die?

Output: If the annuity has not started making monthly payments the entire value of the annuity will be passed by the beneficiary provision in the policy to the person that you have selected . If that person has predeceased you , then the money will go to the contingent beneficiary -LRB- ies . -RRB- If all have predeceased you it will be distributed to your estate . If it happens after you have started receiving monthly payments the provisions of the policy will apply . These provisions are numerous and are selected by you when you start the monthly payments .


Input: What To Look For In Long Term Disability Insurance?

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


Input: What To Look For In Long Term Disability Insurance?

Output: One of the main features to look for in long term disability insurance is the `` own occupation '' clause . That will keep you from having to take any job , rather than being able to keep receiving disability coverage until you are able to go back to your own occupation . Getting a policy that allows you to get more coverage without evidence of insurability in the future , as your income grows , is also a good feature to consider .


Input: What To Look For In Long Term Disability Insurance?

Output: The # 1 item in reviewing long term disability insurance is the contractual language of the policy . You do n't want to wait until a claim to discover the interpretation of your policy provisions . Next is the elimination period and the associated `` triggering '' events that are necessary to generate the benefits of the policy . Price is a value proposition . Some policies have embedded value , while others charge for the `` additional '' policy perk . You should shop online with a brokerage company that offers several disability companies and has expertise in morbidity products .


Input: How Much Life Insurance Can I Get Without A Physical?

Output: The largest amount of life insurance you can get in one policy without a physical , that I know of , is $ 500,000 . There are other policies that offer up to $ 200,000 to $ 350,000 without a physical . Therefore , by taking several policies a person could get over $ 1,000,000 in No Exam coverage .


Input: How Much Life Insurance Can I Get Without A Physical?

Output: Group term life insurance plans established by businesses as a benefit for its employees can and often do provide life insurance protection to employees based on a multiple of salary . Generally , group term does not involve an exam since it is `` guaranteed issue '' . But remember that the coverage ends when employment ends .


Input: How Much Life Insurance Can I Get Without A Physical?

Output: It 's going to depend on how much you want to pay for the insurance ? Depending on the state you can get around 250,000 in coverage without providing blood or urine , but it will cost a great deal and you will still be subject to your medical history in review . An insurance `` physical '' in the vast majority of cases is stepping on a scale , having your blood pressure taken , Pluse , answering health questions both current and past . Providing a blood sample and a urine sample and that 's about it . 30-45 minutes . So you can get a fair amount of coverage without meeting wtih an examiner , but you 'll pay the highest possible rate to do so . What you have to figure out is avoiding a 45 minute meeting worth years of overpaying for coverage ?


Input: How Much Life Insurance Can I Get Without A Physical?

Output: There are a few carriers which will offer more than $ 250,000 of No Exam life insurance , and the price is not unreasonable compared to the average Standard or Select rate . Where you often really start to recognize the savings from taking the exam is when you qualify for Preferred or better than Preferred rates . On the flip side , sometimes those with poor health can find a No Exam option that is competitive with the price for a policy requiring an exam . When a case is borderline for being approved at a high rating with a medically underwritten policy , sometimes taking the No Exam policy can save a lot of stress , even if the price is slightly higher .


Input: Which Company Has The Best Annuities?

Output: The annuity offerings change all the time . The best today maybe not be the best tomorrow . Annuities are categorized into basically three crediting methods : interest rate crediting , indice crediting and separate sub account crediting . Interest rates are generated by the companys predominately government bond portfolio . Sentinel is a very good fixed interest rate annuity company . Most indexed annuities invest their interest rate returns in domestic and foreign index options . Some indexed annuities that credit zero in a given year , still charge policy expenses and which could result in a loss . Genworth is a very good index annuity company . Variable annuities use equity and bond instruments in their separate sub accounts selected by the variable annuity owner . These separate sub account allocations are subject to market risk , i.e. you can lose money . Prudential is a very good variable annuity company .


Input: How Much Is Whole Life Insurance Per Month?

Output: That depends entirely upon the company you select , your age , your health , how much coverage you need , and whether you want just term coverage for a limited time , or whole life to protect you for the rest of your life . It range from as little as $ 20 per month , to well over $ 1,000 per month . I am happy to provide specific details for your individual needs . Gary Lane , Registered Representative , New York Life , 949 797 2424 . Thank you .


Input: How Much Does Medicare Pay For IVF?

Output: IVF , otherwise known as In Vitro Fertilization would generally not be something that medicare would pay for . Typically medicare provides coverage for treatment that is considered medically necessary . Without knowing the details of your particular circumstances and medical requirements it is difficult to answer this type of question definitively . I strongly recommend that you contact medicare directly at 800-Medicare to find a definite answer to this question .


Input: How To Get Health Insurance When Your Job Doesn't Offer It?

Output: You can always purchase an individual health insurance plan if group coverage is not available to you or the coverage offered is not desirable . You can only apply for individual plans during the annual enrollment period or under a special enrollment period if you have a qualifying event -LRB- e.g. getting married , having a baby , etc. -RRB- Individual health plans can be purchased on or off the health insurance exchanges . If you qualify for a subsidy , you may want to look at plans on the exchanges - subsidies can only be used towards on-exchange plans . 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: Can You Have More Than One Retirement Plan?

Output: Can you have more than one retirement plan ? Yes , a person can have many retirement plans . There are contribution limitations as well as expenses and fees to be aware of , but many people have more than one retirement plan as they have worked for several employers and have either left their retirement with the old boss or rolled the funds over into the new plan or even into an individual retirement account .


Input: How Much Does An Insurance Company Pay For A Totaled Car?

Output: That is going to depend on the vehicle make , model , yr among other things . Most insurance carriers use a table of agreed valuations within the industry when determining the valuation of a totaled vehicle . Read your policy completely to understand the coverage that is provided and any exclusions that there may be .


Input: What Can Health Insurance Companies Deny Coverage For?

Output: Effective 01 January 2014 , Health Insurance Companies will only be able to deny coverage for non payment of premium ! The Affordable Care Act also known as ObamaCare has made drastic changes to the way our industry operates and underwrites risk . We will no longer be able to pick and choose clients ; if clients can not afford insurance and qualify for assistance , the taxpayers will foot the bill , if clients want to take their Federal tax deduction up front monthly , it will be provided as a discount to their monthly premium . In addition , there are 10 required ` essential health benefits ' that must be included in all health plans thereby driving up premium whether or not one needs the coverage . Clients have the choice of purchasing a plan ` On Exchange ' or ` Off Exchange ' -LRB- the traditional way -RRB- . Please notethat this is not a National Health system as witnessed in operation in many other countries . This is simply a Nationally recognized andgoverned exchange whereby insurance carriers can provide an approved plan on an exchange where clients can select the plan . The plan codes are differenton exchange than plans off exchange . It remains to be seen if clients on exchange will be treated the same as clients off the exchange . In the month of November , 39 % of those applying to the exchange in California were on some type of assistance -LRB- MediCal -RRB- . If the exchange continues to support only those on assistance and olderAmericans with health issues , it would be conceivable that premium rates would need to sharply rise to avoid bankrupting the exchange . The vast majority of those contacting their insurance companies to make changes have expressed dismay with the new system of managing the health insuranceindustry . The truth remains to be judged by history !


Input: Does Home Insurance Cover Wildfires?

Output: Fire is a basic peril of homeowners insurance . This is where the term fire insurance came from . However over the years with brush fire exposure ever increasingespeciallywith peoples desire to live closer to nature insurance carriers have pulled out of the market place in these high hazard areas . This has left consumers either going without insurance or having to go with the Fair Plan . If a consumer purchases coverage through the Fair Plan which will cover you for the peril of fire the consumer may then purchase an additional policy form an insurance carriers called a DIC policy -LRB- difference in conditions -RRB- . A DIC policy will then pick up all the perils the Fair Plan left off providing you purchase special form . Now here is the danger . Consumers will often get the two confused and let the Fair Plan policy lapse often due to high cost leaving themselves exposed to the peril of fire . Make sure you have a discussion with your local agent for more details .


Input: Does Home Insurance Cover Wildfires?

Output: A homeowners policy covers any kind of fire damage to the residence and its contents . Insurance companies are reluctant to write homeowners policies where the risk is greater than average and will shut down areas when the risk is imminent . A problem that occurs with wildfire is that reconstruction costs can skyrocket when a wildfire takes out a group of houses . It is important to consider that carefully with your agent to make sure that there is adequate coverage to replace your residence .


Input: Does Home Insurance Cover Wildfires?

Output: Typically , wind , lightening , fire an many other claims are covered under a homeowner 's policy . Your contents and expenses associated with living somewhere else while the house is being repaired are also generally covered . However , there are insurance companies that may not provide coverage on your home if you do not meet specific criteria , such as the age or condition of your roof etc. . . An experienced broker or a reputable national website can help you review free quotes and quickly compare the best options .


Input: Does Home Insurance Cover Wildfires?

Output: That is a great question ! In most areas of the country , a fire that destroys or damages your home would be covered under your homeowners policy . Fire was the original reason that homeowners policies really became popular . In those areas of the country where wildfires are more of a hazard , it may not be . Many companies in those areas will only add wildfire coverage as a rider , or a separate policy , in much the same way that flood damage is n't included in many coastal areas . The coverage has to be purchased as a flood insurance policy . Check with your agent to find out if your policy does , or does n't cover you . Thanks for asking !


Input: How Much To Budget For Homeowners Insurance?

Output: If you are contemplating the purchase of a home , the realtor can give you an estimate of the cost of a homeowners policy . Of course , a trusted insurance agent can provide a tailored made quote quickly . The agent should be able to guide you as you select appropriate limits , and set deductibles . Price is not the most important thing . Having the correct coverage at the time of loss is the most important thing , which is the value of the trusted insurance agent .


Input: Can You Get Life Insurance With Lung Cancer?

Output: If you are of the age to get guaranteed issue life insurance -LRB- all the policies I know of require a minimum age of 40 to 55 -RRB- , you can get life insurance with lung cancer . If your last treatment was at least a year ago and your cancer has been in remission for that time , you can get a simplified issue policy . If you have been cancer free for several years , you may be able to get a medically underwritten policy . The longer the time has past , the better your rate will be .


Input: Can You Buy Long Term Care Insurance For Parents?

Output: Yes , you can buy Long Term Care Insurance for your parents . They will need to sign the application and do what is required to satisfy underwriting requirements , such as take an exam or do a phone interview . But it is OK for you to assist in their long term welfare by paying their long term care policy premium for them .


Input: Can You Cancel Auto Insurance At Any Time You Wish?

Output: Yes , but there may be consequences . Some carriers prorate , others short-rate -LRB- meaning there is a penalty -RRB- and I imagine there are some that do n't refund at all . In addition , if you have a lienholder , your finance contract might have an insurance provision that requires you to purchase coverage for the vehicle OR they can `` force place '' coverage . This means that if you do n't buy the coverage stated in the contract , they will purchase the coverage and charge you for it .


Input: What Happens When Your Homeowners Insurance Lapses?

Output: When homeowners insurance lapses , your coverage immediately stops . If you have a mortgage on your home your lender will automatically place insurance effective the first date of lapse . In this situation you want to get coverage back in place as soon as possible because lender placed temporary insurance can be up to 400 % more expensive than your prior company .


Input: Can You Take A Loan From Your Life Insurance?

Output: Borrowing from a cash value life insurance can give you access to cash value life insurance policy loans of gain . Policy loans incur interest charges and every policy charges differently : zero net cost loans , wash loans , spread loans , direct recognition loans and participation loans . There are rules to withdrawals of basic that govern the first 15 years of a life insurance policy , so be aware of it before withdrawing . Withdrawals of basis may be tax free as are loans provided the contract is kept in force for the life of the insured . You may want to withdraw no cost basis rather than incur a policy loan interest charge .


Input: How Do I Get Short Term Disability Insurance?

Output: Most people get Short Term Disability Insurance through their employer in the form of a group plan . Sometimes the employer pays the premiums , sometimes the employee pays the premiums , and sometimes they share the costs . If your place of business does not offer Short Term Disability Insurance , you can purchase it through an independent agent in an individual plan . I would be happy to assist you , if you 'd like .


Input: What Regulates Variable Annuities?

Output: There are two governing bodies of with variable annuities : FINRA and the Department of Insurance . Variable products like variable annuities are registered products and come under the oversight of FINRAs jurisdiction . But because it is an annuity insurance product as well it falls under the department of insurance . Each state maintains their own department of insurance .


Input: Who Governs Car Insurance Companies?

Output: Typically the office of thecommissioner of insurance in each state is responsible for overseeing the carriers that operate within their state . This office receive the registration of rates from each carrier , investigates complaints against carriers , amongst other duties . Each carrier that operates in the state is required to provide copies of their coverage documents to the office of the commissioner of insurance .


Input: Does life insurance pay out for suicide?

Output: The concept involved is , contemplation . The companies have adopted a fairly universal clause that will contest death by suicide during the first two years of the policy . The idea is that a person would not buy life insurance in contemplation of suicide two years later . Sometimes a person will buy a policy in contemplation of suicide and try to mask the suicide by staging an accident . Those cases can lead to litigation .


Input: Does life insurance pay out for suicide?

Output: The answer for policies issued in New York is yes . Life insurance policies issued in the state of New York can not exclude suicide after two years . Most states have either a one or two year maximum exclusion for suicide . This always seems to surprise people . The reasoning is that anyone who is taking out a life insurance policy in contemplation of committing suicide will probably not wait two years before committing the act .


Input: Does life insurance pay out for suicide?

Output: Certainly the question has been well answered above , but I 'll go ahead and add my `` two cents '' worth ... Insurance companies are n't in the business to give away money for free . So they take reasonable cautions when placing policies . One of those cautions is the exclusion for suicide . Most states have the two year exclusion for suicide , so if committed within two years of implementing a policy they will only return the premiums paid and not the Face Benefit of the policy . With a couple exceptions as mentioned above , after the two year contestibility period most policies will indeed pay the benefit amount even in the case of suicide .


Input: Does life insurance pay out for suicide?

Output: Life insurance will pay out to beneficiaries if the suicide is after two years after the start of the premiun . Studies have showed that many people do not commit suicide withint two years of the policy start . So there is n burden on the reserves . Some states may be different however in New York this will apply . All information must be valid and truthful .


Input: Does life insurance pay out for suicide?

Output: If a person is having suicidal thoughts when purchasing a life insurance policy and has been treated , the insurance company will decline the application . Therefore , without that knowledge , the life insurance company will protect themselves with a two year contestability clause . This gives the carrier a two year window just in case anything was missed during underwriting . After the two years suicide or any other cause of death is then covered except a cause specifically excluded by the policy such as act of war .


Input: Does life insurance pay out for suicide?

Output: I hope the question was n't sparked by such an event in your world :--LRB- Being late to the answer-game , all the comments above are spot on . Combine them all together an you have a wonderful resource . I have nothing more to add other than ... `` I hope you are ok . '' - gravy


Input: Does life insurance pay out for suicide?

Output: Life insurance will pay for suicide if the suicide occurs after the first two years of most policies . If someone is purchasing the policy with the desperate idea of paying off debts or providing for someone else through their death , that two year waiting period will usually discourage that , or give them some time to find other rational solutions .


Input: Does life insurance pay out for suicide?

Output: Life insurance does not pay a death claim for suicide during the contestability period . That period begins on the issue date of an in force policy to it 's second year anniversary date . After two years , the death claim would be paid . Keep in mind that fraud is an additional issue that may be incorporate into a claim dispute .


Input: Does life insurance pay out for suicide?

Output: This is an extremely sensitive topic . The death of a spouse can be life-shattering . A suicide can make it almost unbearable . Not too long ago a friend and client committed suicide . She had been going through a tough spell emotionally , and then almost out of the blue took her own life . Left behind a loving husband and three young boys . Very , very sad . I expedited the claim , as is my usual practice . This job is usually tough , and the fact that her family and mine are friendly made it really hard . My friend , her surviving husband , was so upset he could n't even complete the claim form . I did it for him . The insurance carrier paid the claim as the policy was over two years old . That is standard practice . Will they never pay before then ? I can say that I know of a case with a very high-profile insured who apparently committed suicide just a year after his policies were issued -LRB- he had several - lots of coverage -RRB- . The carriers , of course , initially refused to pay . The insured 's lawyers eventually convinced them to do so : why would they want the bad publicity of not paying a claim ? Will they always pay after two years ? My own feeling is yes , generally , but suspicious circumstances may interfere . If the carrier has reason to believe that this tragic event had been planned to take place right after the two-year anniversary . . Sometimes life is like a mystery novel .


Input: Does life insurance pay out for suicide?

Output: It depends in which state the application was taken . Certain states , such as Missouri , have an unlimited contestability clause . If the Insurance Carrier can prove that the policy was purchased or replaced with the intent of committing suicide in the future , the carrier is required to refund premiums plus interest but not pay the death claim .


Input: Does life insurance pay out for suicide?

Output: After the contestability clause in the policy ends the answer is `` yes '' an insurance company will pay a claim even if suicide was involved . Some states reduce the contestability period down from two years to one . The contestability clause or contestability period is the period of time an insurance carrier can call into question any answer provided in an application by the insured , The insurance carrier can also create temporary exclusions to be in effect during that period of time . If false information is found during this period , a policy can be resended , premiums returned , claim or not . Same for an stated act declared in the policy . Always a good idea to review exclusions page of any insurance policy . After that period has ended , the insurance company can not contest something like a suicide .


Input: Does life insurance pay out for suicide?

Output: Yes , after the contestability period . Life insurance policies normally dont cover suicide deaths that occur during the contestable period , which under the laws of most states , is the first two years after the policy is purchased . State laws limit coverage because lawmakers dont want to encourage suicide . They presume that insureds may be less tempted to take their own lives if they know life insurance benefits wont be paid to their survivors . Lawmakers also want to avoid abuse of life insurance , the purpose of which is to provide financial assistance to survivors after natural or accidental death .


Input: Does life insurance pay out for suicide?

Output: In addition to the other information , it 's important to know that if the policy was replacing other coverage when it was issued , some states do not allow a new contestability period beyond what the replaced policy had . Kentucky for example would not allow a company to not pay a claim if someone committed sucide a week after buying the policy IF it replaced an existing policy that had been in force for over two years . The new policy is non-contestable from the first day up to the face amount of the old policy . It 's very important in Kentucky to make sure you receive a copy of the replacement form and keep it with your new policy . Most states do not have this added protection but if your does , it can make a huge difference with your insurance claim .


Input: Does life insurance pay out for suicide?

Output: Great question ! After the contestaability period of 2 years , most life policies will pay out for suicide . If suicide occurs before those 2 years are up , the premiums that had been paid will be returned -LRB- depending on the company -RRB- . Some people try to get life policies to help their family pay off debts after committing suicide , but the 2 year waiting period is a good way to discourage that practice .


Input: Does Renters Insurance Cover Car Break In?

Output: Typically a car break in would be covered under your automobile insurance policy if you have comprehensive coverage less your deductible . Your homeowners policy may provide some limited coverage . A homeowners policy will provide up to ten percent of the policy limits less your deductible for personal property that is not on your premise . Please read your policy completely to understand the coverage provided and any exclusions that there may be .


Input: Has Prolia Coverage Changed Under Medicare Part D?

Output: To confirm whether Part B will cover Prolia and what conditions must be met to have it covered , you will need to contact Medicare directly . I believe Prolia has been covered under Medicare Part B for a number of years up to one injection every 6 months - typically required to be recommended by your physician . It can often be listed under Part D plans ' formularies as well , but as it is often administered by a doctor , it would typically be cited under Part B. Please note , Part D plans can change their coverage year to year - they are not guaranteed renewable and every plan is different . The drugs that a plan covers can change , the premiums , deductibles , copays , coinsurance , and other factors of a plan can change each year . Plans can even be terminated or replaced and therefore automatically disenroll the consumer , forcing them to select another plan . For the insured person , it 's vital they review their prescription drug coverage each year to determine what plan will best serve their needs for the coming year . When Prolia is covered under Part B , a Medicare Supplement plan might cover the other 20 % of the cost after Medicare pays it 's 80 % share . Whether the Medigap insurer will cover the other 20 % would need to be confirmed with a carrier - when it comes to drugs covered by Part B , there 's usually a couple extra conditions that have to be met for it to be covered as most drugs are covered by Part D. I hope the information is helpful - please feel free to contact me for assistance with Medicare Supplement help . Thanks very much .


Input: What Are The Two Main Types Of Life Insurance?

Output: Life Insurance plans are generally categorized into two varieties : Term and Permanent . Term provides a pure death benefit without any `` frills '' , is the lessor expensive of the two types and is usually purchaced to fover a particular financial exposure for a short period of time . Permanent is , just as the word says , intended for long term protection . The numerous varieties within this category include benefits beyon the primary death benefit , namely inside cash build up , accellerated death benfit options , Long Term Care riders and many more . This category of plans is generally more expensive than term .


Input: What Are The Two Main Types Of Life Insurance?

Output: The two main types of life insurance are : Term Permanent Term policies are purchased for the death benefit only and do not build up cash . Permanent policies come in many different forms such as whole life , universal life , indexed universal life , and variable universal life . Permanent policies -LRB- sometimes called cash value policies -RRB- provide a death benefit and they also can be used to accumulate cash . The cash build up inside a policy can be accessed tax free as a loan and can be used for any purpose such as supplemental retirement income , college funding , or emergency expenses .


Input: What Are The Two Main Types Of Life Insurance?

Output: Life insurance can be purchased for temporary or permanent coverage . Depending upon the age of the insured , term life insurance can be purchased to coverage a 30 year period . Permanent life insurance can currently cover up to age 121 , with a few companies using the phrase the life of the insured rather that an age of maturity .


Input: Can I Cancel Car Insurance At Any Time?

Output: Your auto insurance is typically an at will coverage , which means that you could cancel the coverage at any point you wish . If you have a loan on the vehicle and you have cancelled your auto insurance you may be in violation of the contractual agreement with the lien holder and they may purchase auto insurance coverage for you and then charge you for this coverage as stipulated in the contract . Almost all states in the USA require all licensed drivers to have auto insurance and if you are caught driving without it you could be fined . Not to mention that if you are driving without insurance and are involved in an accident you could be placing yourself and your family in great financial peril .


Input: Is Life Insurance Needed After Retirement?

Output: If you still love someone and you have retired , you probably still need life insurance . Even if you have tried to pre-fund every conceivable obligation , there is still a need for life insurance . Death is terrible for the people who love you . They experience grief and pain . Unless you think that they would be better without any life insurance , keep some in force . My personal experience is that older people dont outgrow the need for life insurance .


Input: Is Life Insurance Needed After Retirement?

Output: Determining a need for life insurance at any stage in life is best served by completing a needs analysis with an experienced agent . Someone that can take the time to understand your situation and make quality recommendations at that time . You can never purchase all the life insurance you 'll ever need in one sitting . It 's an ongoing process that changes as your needs change .


Input: Is Life Insurance Needed After Retirement?

Output: Typically ... YES ! Many people do n't realize it , but there 's pretty much always a need . You may be thinking `` I 've got my house and cars paid off , no other debts , and the kids are out of the house , so why do I still need life insurance ? '' When you 're in retirement , the 4 most common reasons why people have life insurance are income replacement , estate planning , burial expenses , and leaving a legacy behind . During your working life , structuring a combination of benefits -LRB- part of your coverage as term and part as permanent coverage -RRB- can be very beneficial because you 'll go into retirement knowing what checks you 'll be writing for your life insurance and can structure the premiums to remain fixed for life -LRB- or reducing the premiums/increasing the death benefit if you 've got a participating whole life policy -RRB- .


Input: Is Life Insurance Needed After Retirement?

Output: First , whether you need life insurance at any given point in time is base on you individual situation . That being said , for most people insurance is needed after retirement - life insurance creates cash at death . Some uses for life insurance after retirements are last expenses , pay taxes at death and other business estate or legacy planning purposes . In addition , cash value life insurance policies can sometimes be used to supplement retirement income . 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: Does Merrill Lynch Sell Life Insurance?

Output: Merrill Lynch Life Insurance Company , and Merrill Lynch Life Insurance Company of New York , were bought by AEGON in Aug , 2007 . Now Merrill Lynch is in a partnership with AEGON to sell their life insurance products under the company , Transamerica Advisors Life Insurance Company , based in Little Rock , Arkansas .


Input: Why Is My Auto Insurance So Expensive?

Output: There are several reasons . The premium is set differently in different states . In California the causes could be a poor driving record , in particular a conviction for DUI . It could be the yr . make and model of your car , it could be the area in which you live , it could be the number of miles that your car travels each year and it could be the driving record of someone else in your household who is listed on your policy .


Input: Why Is My Auto Insurance So Expensive?

Output: Auto Insurance premiums are based on several factors which include ; age , gender -LRB- males are generally more risky -RRB- , past driving history , the type of car and the coverage you have or are required to have on it -LRB- if you have a loan , they you will be required in most cases to be fully covered -RRB- , if you can `` bundle '' your coverage with other needs such as multi-car discount , your homeowners , etc. . Contact your agent to find out more specifics on why your insurance is expensive .


Input: Why Is My Auto Insurance So Expensive?

Output: Expensive auto insurance can often be fixed ... by shopping the right way , and comparing the best options . Of course , finding the most competitive prices means using a broker to help you find the lowest rates . You pay no fees and you 're not obligated to make any changes . Of course , driving slower helps too ! LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several top-rated auto insurance websites .


Input: Will Life Insurance Cover A Drug Overdose?

Output: If the insured overdosed in the first two years of the contract issue date , it may be investigated as a possible suicide or a non-disclosure issue where drug use was not disclosed . Non-disclosure of a prescription or illegal drug use after the two year contestability may be characterized as a form of fraud , which could place the death claim in jeopardy . If this was accidental drug overdose the odds are high that the issuing carrier would pay the death claim . Consult an attorney for further information on this scenario .