Input: What Insurance Is Required For A Leased Car?

Output: The insurance for a leased automobile is no different then insurance for a owned vehicle . However with an fully owned vehicle you can chose what limits of liability you wish to carry and whether or not you want physical damage coverage based on the amount of risk you wish to assume . A lease , like a loan will require you to carry Collision and Comprehensive coverage 's and many leases will also require you to have higher limits of liability then the state minimum . 100/300/100 being the most common I see .


Input: What Insurance Is Required For A Leased Car?

Output: A leased car is insured like other cars . The exception is that with a leased car there is a requirement to name the leasing company as a loss payee and an additional insured . Most companies do not charge for these extensions of coverage . The leasing company might direct the limits acceptable to them . The responsibility to maintain the coverage is your and if you fail to maintain coverage the leasing company can provide Collateral Protection Insurance . You will find that overly expensive .


Input: Why We Have To Buy Home Insurance?

Output: If you are buying a home and have a mortgage , hten the mortgage company will require you to have Homeowners insurance as a condition of the loan . From their point of view , they just want to make sure that funds would be available should there be a covered loss because they want their interest protected . Even if you do n't have a mortgage , however , it is wise to have it .


Input: Which Banks Offer Roth IRA?

Output: Most savings institutions offer a Roth IRA . If you know precisely what plan is best for you starting a Roth IRA at your bank should be fairly easy . You might not find the level of expertise that such a decision might require at a savings institution . If you want professional assistance , at no additional cost , then you should consult with a licensed insurance agent that handles retirement income planning .


Input: When Does Critical Illness Insurance Payout?

Output: Most critical illness plans pay a lump sum cash benefit on first diagnosis of a covered illness or condition . Some plans , especially older ones , will pay a benefit as a reimbursement plan . The lump sum plan is superior in many ways . Read the definitions and never buy a life insurance based product .


Input: When Does Critical Illness Insurance Payout?

Output: Critical Illness Insurance pays out when the insured person is diagnosed with a covered health condition as listed in the policy . Life threatening illness usually pay 100 % of the critical illness benefit . If the illness is serious but not as advanced or as high a stage as to be life threatening , it may still pay a % of the benefit .


Input: Does Home Insurance Cover A Broken TV?

Output: How did it break ? If it is just old -LRB- or even new for that matter -RRB- and the thing simply quite working ... NO . did a tornado rip your roof off and wind blow the TV off the stand and destroy it - probably . Did a theif drop it on their way out - maybe . Lightning strike your house and fry the TV - call your agent . I 'm joking around , but most all homeowners policies to not extend coverage to TV , appliances , etc. that simply break . There must be a covered claim situation that caused the damage for your policy to come into play . Call your local indpendent agent and dsicuss your specific situation to find out how your policy might handle things .


Input: Is Health Insurance Good Overseas?

Output: Most health insurance plans give some coverage overseas . The extent of the coverage in most cases is determined by looking at the event as life threatening.If that is the case , then emergency room visits would be covered.What is important for the traveler to know is that most doctors and hospitals in foreign countries want payment up front for services at the time of the visit . One instance I know of that happened to a traveler in Panama was a traveler went to the hospital and was required to pay $ 5,000 up front as a deposit before they would treat them . The traveler has to file claims after the fact and wait for a reimbursement . If you are covered by Medicaid or Medicare , there is no coverage outside the U.S. except Medicare will cover emergencies in Canada if they happen while en route to Alaska . When traveling outside the U.S. and on cruises the best course of action is to purchase a medical policy specifically for coverage overseas . These policies are very economical and offer an array of terms and choices . One of the most important services is to have a multilingual customer service agent who can help you locate medical services , deal with currency exchanges , manage claims and can co-ordinate services 24/7 . There are many companies that provide these insurance policies . I represent International Medical Group -LRB- IMG -RRB- who has many choices for nationals and foreign nationals that travel globally for business or pleasure . They have been in business for over twenty years and concentrate solely on this market . The United States Consular Bureau of Affairs also has a list of companies that provide these policies .


Input: How To Plan For Retirement In Your 40s?

Output: Planning for retirement in your 40s is much easier than waiting until you are in your 50s . A great start is to begin contributing monthly and systematically to your 401K -LRB- if available -RRB- and take advantage of all matching provided by your employer . A combination of mutual funds , tax planning and other instruments should be discussed Your best option is working and taking advice with a full-time -LRB- that is critical -RRB- financial planner or broker . They will devise a program that projects what you need to save , and how your risk tolerance must be considered .


Input: What Is Medicare J?

Output: Plan J was a Medicare Supplement plan that offered prescription coverage . This plan is no longer available to purchase as of June 2011 . It was a very comprehensive plan . The closest you can purchase to Plan J today is Plan F with a separate Prescription Drug Plan . If you had a Plan J you may have been grandfathered however the Prescription coverage in Plan J was eliminated .


Input: Does My Renters Insurance Cover Water Damage?

Output: Your renters coverage will cover your possessions if the water damage is from a covered peril such as a broken pipe , but will not cover you from damage due to a flood from rising waters . In order to be covered for damage from a flood , you will need to purchase a renters flood policy .


Input: Can The Owner Of A Life Insurance Policy Be Changed?

Output: Yes , the owner of a life insurance policy has the right to transfer his/her ownership rights to another person , trust , or legal entity . The policy change of ownership form will need to be signed by the original owner and the new owner of the policy .


Input: Can The Owner Of A Life Insurance Policy Be Changed?

Output: Great question . The simple answer is Yes . Changing the owner to someone else is the same as giving them a `` gift '' of something that has value - usually considerable value ! Because of this , when you change the owner of the policy to someone else -LRB- including a trust -RRB- , it is considered a gift ... however , sometimes the intent to do this is to avoid inflating the estate value , and to negotiate the estate tax laws . It should be noted that if estate tax considerations are part of desire to change owners , according to current law , if the insured dies within three years of the change in ownership , the value of the life insurance policy will be `` brought back '' into the estate of the original owner and considered as part of the original owner 's estate . So , similar to most questions , the answer is Yes , the owner can be changed , but there are considerations to be taken in each situation .


Input: Can The Owner Of A Life Insurance Policy Be Changed?

Output: Life insurance is personal property . Personal property has an owner . The ownership of a life insurance policy can be changed and only by the owner of the policy . In the case of permanent cash value policies there two tax items : policy basis and gain . Any change in the ownership could trigger a taxable event or a carry forward of basis . So its important to consider tax consequences of ownership change .


Input: Can The Owner Of A Life Insurance Policy Be Changed?

Output: The owner of a life insurance policy can be changed . The current owner would contact the agent or the insurance company directly to obtain a form to make the change . In some cases the change may be a taxable transfer or gift of the policy from the current owner to the new owner . You would need to check with a life insurance professional and tax adviser to see if what you are planning to do might have unintended consequences .


Input: Where Can I Find Disability Insurance?

Output: When using the internet to find disability insurance , try to look for an agent , and not just an insurancecompany that sells DI . Though a company can direct you to a contracted agent , it 's helpful to find someone who represents several carriers . That way , your agent can shop around to find you the best possible quote . Be sure to ask for quotes from at least two or three carriers . But do n't assume that the cheapest quote is the best , or the most expensive for that matter . Have your agent explain all the bells and whistles to you so you can accurately determine what policy provisions are right for you .


Input: Where Can I Find Disability Insurance?

Output: You can find Disability Insurance on the internet or in a brick and mortar office that sells it . Using an internet search engine or looking in the phone book is a good place to start . Anyone answering Disability Insurance questions on this website would also be a good resource .


Input: Why Do I Need A Blood Test For Life Insurance?

Output: Not all policies need a blood test for life insurance . There are a number of affordable No Exam life insurance policies for those who do not want to take a blood test . That being said , the blood test helps the life insurance underwriters better see what health risks might be present . These include liver disease , diabetes , and high cholesterol , among others . The blood test also helps verify if the applicant has used tobacco or illegal drugs . When risk is calculated accurately , rates are assessed more fairly , and the security of your life insurance is strengthened .


Input: How Much Life Insurance Should I Get For My Child?

Output: That depends on the purpose of the life insurance . If you are getting it for cash accumulation like college fund then you will want to do a premium search . That means you will need to figure out how much you will need for a 5 year college amount then let the policy solve for the amount needed to get you that dollar amount . For death benefit goal - you will need to make sure that the parents first have life insurance to have it approved through underwriting . Call me if you want a more specific answer .


Input: How Much Life Insurance Should I Get For My Child?

Output: I 'm going to assume that you want it for the unthinkable ... Death ... not college . The TV & Radio talkers often say , `` OH ... you do n't need to have more than what you need for final expenses . '' I 'm a dad ... If one of my kids passes ... I WO N'T FUNCTION FOR 2-3 MONTHS ... I DO NOT want to profit off my kids ... . Yet not getting out of bed for months , flying my family across the country , etc. . . Look ... I 'm saying this as a DAD who happens to be in the insurance biz ... Love your kids ... Buy what you can afford and fits the underwritting guidlelines of the carrier ... .


Input: How Much Life Insurance Should I Get For My Child?

Output: Before I can answer your question of how much Life Insurance for your child I really need to know what the purpose is . I recently helped a client who wanted to put $ 100 into a life insurance policy per month so it grows cash value plus providing a death benefit . First you need to know some of the `` rules '' we have in the insurance world revolving around children . Insurance companies will need to know how much insurance the parents have first . You see , no one depends on the children so if parents have no insurance , they it will be difficult to convince insurance companies to give a policy on the child . The parents usually need to have about 4x the amount the kids have . Because the cost of insurance is so low on most children , it can be difficult to put a lot of money into a policy without creating a MEC , modified endowment contract . This means that when you take money out of the policy , you will have to deal with taxes . If you are just looking for a burial type policy which you would like to give to your child as a gift when they are older , perhaps when they have a family , you might just start off with a $ 50k or so type of policy . Underwriting is usually minimal in most cases . You can get insurance for your children starting at $ 4 for $ 50k of death benefit , basically the same cost you would pay if you added them to your insurance as a child rider . Contact your broker for more details or contact me .


Input: What Is The Difference Between Annuities And Life Insurance?

Output: Life insurance provides an immediate estate , the death benefit . An annuity is a vehicle to provide a safe , tax favorable way to save money for retirement . They are entirely different . If you put $ 1000 into an annuity and you die you get $ 1000 plus interest . If you put $ 1000 into a life insurance you would get the face value of whatever that $ 1000 would buy , depending on your age and health possibly over $ 100,000 .


Input: What Is The Difference Between Annuities And Life Insurance?

Output: The difference between annuities and life insurance are many . You do n't have to be underwritten for an annuity for one thing , because in the case of annuities you are putting money into the account for the purpose of collecting it back in payments after and during it 's accumulating interest . There are many ways that an annuity may be paid out or `` annuitized '' . There are several types of life insurance so to compare to an annuity would take considerable time and examples . But generally Life insurance is to provide monetary benefit for the beneficiary . While one pays into a life insurance policy over time , and in the case of Whole Life policies they accumulate cash value which may be accessed by the owner during their lifetime , generally the main purpose it to provide a benefit to the survivor -LRB- s -RRB- of the insured .


Input: Is My Iphone Covered On My Home Insurance?

Output: iphone should be covered under theft minus your deductible . Breakage or loss would not be covered . Most homeowner deductibles run from 1000 and higher so just having your iphone stolen would not even meet the deductible unless the phone was included as part of a much larger theft that may have occurred .


Input: Can I Get Life Insurance On Someone Else?

Output: You can get life insurance on someone else if you have an insurable interest with that person . This means that their death would cause you some type of financial harm . Quite bluntly , this prevents people from taking out policies on others for criminal or fraudulent purposes .


Input: Can I Get Life Insurance On Someone Else?

Output: Yes , you can get Life Insurance on someone else . Refer to Peggy 's comment on insurable interest . Here are a few situations which you can look at getting life insurance on someone else -LRB- keep in mind , for anyone over 18 , they have to sign the application as well -RRB- : Parent insuring children , Spousal insurance , Insuring a Key -LRB- important -RRB- employee or insuring your business partner so if he passes , you can purchase his ownership from his family . If you have a situation that I did not cover here as there are more , reach out to your broker or contact one of us .


Input: Can I Get Life Insurance On Someone Else?

Output: Can you get life insurance on somebody else ? Outside of your small children . Not without the insured 's consent . Even a spouse , parent or sibling must agree to be insured . As others mentioned there should be an insurable interest present as well . Even employers ca n't take out life insurance on employees without their consent .


Input: When Are Life Insurance Proceeds Included In An Estate?

Output: Generally speaking , life insurance proceeds paid to the last survivor of a marriage can be includable in the estate . But if the total estate , including life insurance proceeds , falls under the federal unified credit , there may be no impact . Keep in mind that at the state level the exemption amounts are generally much lower , so there could be tax exposure . To avoid this possibility an irrevocable life insurance trust can own the life insurance policy and insulate the proceeds from federal and state estate taxes and distribute them to the trust beneficiaries .


Input: Whats A Declaration Page For Home Insurance?

Output: Located near the front of the policy , the declaration page lists the information that personalizes the coverage found in the following pages . It also lists all the forms that comprise the policy . This is sort of a table of contents . Your mortgage company will want a copy of this page of your policy . You should review it carefully as it contains a great deal of very important information When you look at the declaration page you can identify the name of the insurance company . Agents often represent multiple companies and this tells you exactly which company is insuring your home . Here you will find the policy number which represents the individual nature of the contract . The declaration page will describe the type of policy . There are several different forms of homeowners policies and this will tell you which form is being used . The declaration page will identify who is being insured . This is very important , particularly when there is a liability claim . The named insured should read like the deed to the property . The property should be clearly identified . There may be more than one insured and their relationship is often included in the declaration . This is where the mortgage company will be identified and the address of the company will be included , along with the loan number . Additional mortgagees can also be listed here with the same information . The name and address of the agent handling the policy also appears in the same general area . This is where you can go for service on the policy . The declarations make very important statements setting the coverage limits . While they are often identified by letters -LRB- A-M -RRB- there will be definitions in the subsequent pages . This shows the limit of each of the coverages in the policy . It usually shows the limit of liability . It usually shows the deductible applied to property claims , and states the annual premium for the policy . There is a lengthy list of forms that comprise the bulk of the policy . These attached pages detail exactly the nature and extent of the coverages , and the limits and exclusions that apply . As a homeowner you should look down this list and ask the agent to explain any coverage that you dont understand . This can trigger conversations about additional available coverages that might be appropriate for you and which you should have . This is a very important section and one that you dont want to overlook . After this is usually a general description of the property itself . It will identify the fire district , location of the nearest fire hydrant , proximity to a fire station and the protection class used to develop the premium . It will probably comment on the roof and indicate if there is any special rating applied . The company has relied on this information much of which youre provided and it should be correct . It is quite likely that your state has laws that require certain notifications to be on the declaration page , perhaps warning you that the policy does not cover flood , earthquake or building code upgrade coverage . Finally the declaration page will identify the company , its address , telephone number and state who is paying the premium and the address where communications are being sent .


Input: Does Health Insurance Pay For Nursing Home Care?

Output: Health Insurance coverage for Nursing Home care is limited to medically necessary physical therapy for a very limited time , if your policy covers it at all . Some do not . It does not cover custodial care or long term care at all . There are policies designed specifically for Long Term Care .


Input: How much does life insurance cost per month?

Output: The cost of life insurance per month depends on the insured person 's health , age , gender , build , and tobacco status . It also depends on what type of insurance you get . Generally speaking , the shorter the time the premium is locked in to stay the same , the lower the premium will be . But then when the guaranteed period is over , you have to pay way more to continue it , or buy a new policy that is dependent on your age and health at that time . You can run some term quotes online with free quote engines , but keep in mind that your health may not qualify you for the rate shown . Just give the website a call to be sure you qualify for the policy you want , and get the type of coverage that works best for your needs .


Input: How much does life insurance cost per month?

Output: Life insurance premiums have two main categories to pricing : one is product , the other is you . Product pricing is a company 's actuarial determination . Your medical information like gender , age , smoking status , health history and current medical condition contribute to the premium cost . So does your behavior like motor vehicle violations , hazardous vacations and dangerous recreational activities .


Input: How much does life insurance cost per month?

Output: The premiums for Life Insurance are based on multiple criteria . First what type of life insurance ? Term ? Universal ? Whole Life ? In every case the age , health condition and sex of the insured as well as the `` Face Amount '' or Death Benefit are primary factors . Do you use tobacco ? Do you engage in hazardous activities either as part of your job or for fun ? If you 're looking at term insurance - how long of a term ? Then there are `` riders '' you may want to include such as ` Accidental Death ' , or Long Term Care . And then different companies have different pricing . A simple answer to `` how much are monthly premiums for Life Insurance '' simply is n't possible .


Input: How much does life insurance cost per month?

Output: This is a very common question with a very complicated answer . It is like asking a realtor how much a house costs ? Which house ? There is a big difference between a 10,000 square foot mansion and a doublewide house trailer . When purchasing life insurance the amount , type of policy and risk is equally as important . There are different types of policies like whole life , universal life , indexed universal life , variable life and term life . Within each one of these , there are additional choices . Once the policy type is selected , then the need or face amount must be selected . Once the coverage is selected , then we get into the risk factors of establishing premiums . These factors include your age , build , residence , income , net worth , health history , life style and current health conditions . All of these factors are taken into consideration in order to be accurate in determining a quote . I highly recommend using a trusted independent life insurance broker to help you accurately navigate this maze and find you the best coverage at the best price for your unique situation .


Input: How much does life insurance cost per month?

Output: The smallest policy I have issued was $ 5.00 a month . I have heard of agents writing huge cases for 10s of thousands of dollars a month . Really to many factors to give a good answer . The basic questions an agent is going to ask in quoting you a monthly amount are . Your age , sex , smoker or not and health . Also the amount of coverage or the need to be covered , then how long do you want the coverage . Those few bits of information can get the conversation started . A good agent will be writing the answers down and developing questions that are particular to you and your wants and needs .


Input: How much does life insurance cost per month?

Output: There are a lot of factors that go into the price of life insurance . Every year that you get older , the price increases for insurance . It also depends on how much life insurance you are looking for . The higher the death benefit , the higher the monthly premium . Another factor to consider is your health . Life insurance is based on the insurance companys risk . If you are unhealthy or have a few high risk health conditions , you will have to pay a higher rate for insurance . It is also up to the insurance company . Some insurance companies charge more for the exact same coverage . Also , women have a longer life expectancy then men so the rates for women are usually lower . There are two types of life insurance too . Term insurance only covers you for a period of time and whole life covers you for a lifetime and you are guaranteed a payout . Term is usually cheaper because if you dont pass in the specified term , the insurance company does not pay out anything . For policies that have a large death benefit , the insurance company usually asks for an exam to be done that checks your blood , heart rate , and other key health related factors . The rate is usually higher for smokers compared to non-smokers . Life insurance rates are determined on a case by case basis .


Input: How much does life insurance cost per month?

Output: Wow ! There are as many answers to that question as there are qualifiers ! There are over 10 different types of Life Insurance , and over 1000 providers . Each provider has their own pricing for the same or very similar coverage . And there is a wide range of premiums dependent on the type of life insurance . All that said , the more important factors that determine the monthly cost or premium are 1 -RRB- age , 2 -RRB- sex , 3 -RRB- health , 4 -RRB- tobacco or non-tobacco , and 5 -RRB- benefit amount . To determine the best type of life insurance for you and the proper amount of benefit a number of things about you need to be known including your goals and needs . Each person is unique and has unique circumstances . That 's why I focus on educating my clients about the various types of Life Insurance available , the benefits and drawbacks of each . Then with your particular qualifiers we can match the best product -LRB- s -RRB- to your unique needs .


Input: How much does life insurance cost per month?

Output: The cost of life insurance can range from a few dollars per month to many thousands per month . The real question is how much would it cost you to get the proper policy for your situation . In order to find that out you need to first determine how much death benefit you need . The best way to calculate how much life insurance you need is by doing a comprehensive needs analysis . If you are looking for a quick rule-of-thumb , we recommend you carry at least ten times your annual income in life insurance . The second factor is how long do you think you will need the coverage . You might want life insurance to cover your mortgage which will be paid off in a certain period of time , or you might want life insurance just until your children are grown and self supporting . Maybe you want to have life insurance for whenever you die , be it next year or when you 're 90 . The third key factor is your budget . You might like the idea of a large permanent life insurance policy , but the premium may simply be more than you can reasonably afford . So in order to determine how much life insurance costs per month , you need to figure out how much life insurance you need , how long you need it and what your budget allows . By going through this process you can determine how much the proper life insurance policy for you will cost .


Input: How much does life insurance cost per month?

Output: The cost of life insurance can vary greatly depending on the amount of coverage , your age , type of coverage , gender , tobacco use and the duration of coverage . Term insurance is the least expensive and could be as low as a few dollars a month and up . When life insurance is used for cash accumulation and to take advantage of the tax benefits , there are people who save millions of dollars per year into a life insurance policy .


Input: How much does life insurance cost per month?

Output: The variables upon which life insurance is priced are your age , sex , health conditions , occupation , hobbies , and the health history of your family . This is then factored against how much coverage you desire and how long you want the coverage to last . It is a very complicated process . Life insurance could be less than $ 10 per month for a small policy , again depending upon the factors that I mentioned .


Input: How much does life insurance cost per month?

Output: To see what life insurance may cost per month for you , go to a website that offers instant quotes . By putting in your information , you will get an idea of what a policy would cost for someone of your age , sex , tobacco status , and build . Some quote engines even allow you to input some health information . You can try different face amounts and term lengths to see prices for different types of policies .


Input: How much does life insurance cost per month?

Output: That is a very difficult question to answer . It is kind of like asking a realtor how much a house costs ? Which house ? There are just too many variables to consider when buying life insurance . First the type of life insurance policy needed whole life , universal life or term life and how long of a term ? Then the proper face amount must be selected . Once the purchase criteria is chosen , then the underwriting criteria must be met . This will include information such as net worth , income , health status , build , age , state of residence , occupation and life style . Once everything has been underwritten the exact monthly premium will be selected . At this point you can either accept the offer or alter the coverage to meet your budget . I recommend using an experienced independent life insurance broker to help you navigate this maze and find you proper coverage at the best price possible for your unique situation .


Input: How much does life insurance cost per month?

Output: How much does life insurance cost per month ? Easy , roughly 1/12th of the annual cost with possibly some small fee for the monthly withdrawals . OK -- that is my attempt at humor . Since you are asking about cost right out of the gate , I will only speak to TERM insurance . Other authors have spoken to the medical factors so I will not . Several other factors will also drive pricing . For example , length of term , such as 10-20-30 year periods . Generally the longer the term the higher the cost . Here I am also assuming that like the vast majority of applicants you want the price to remain level for the entire period . Most obviously the sheer amount of coverage you need -- the more you want the more it is going to cost you . If you think that you will be building significant wealth over time , such as a physician might , then consider applying for and putting in force several policies . That way , you can drop one and keep the others in force if you choose to partially self-insure . Whatever you do , get sufficient coverage for your anticipated needs . You will probably never be healthier than you are today ! I hope that was helpful , Ron


Input: How much does life insurance cost per month?

Output: The cost of life insurance depends on a number of factors . I have listed a majority of them below ... Type of insurance : Term insurance cost a lot less than permanent insurance but term will expire after a set number of years such as 10,20,30 . Prices with permanent insurance vary as well with UL usually costing less than whole life but whole life builds a guaranteed cash value much better than UL will . Face amount : This one goes without saying really . The larger the death benefits , the more the insurance will cost in general . There are price breaks at certain face amounts however . Health : this is a big factor . The healthier the person is the lower the cost of the insurance will be . A person with a super preferred rating will cost much less than someone that can only get a standard rating . Tobacco use also drives prices up a great deal . Company and State : Rates will vary greatly from company to company -LRB- even for the same type and level of coverage -RRB- . Rates are also different by state . Fully underwritten vs. quick/easy issue : A fully underwritten policy requiring an exam is potentially less expensive than an easy/quick issue policy that does not require a medical exam/para med .


Input: How much does life insurance cost per month?

Output: It depends . There is no one answer fits all here . It will depend on many factors such as weight , age , location , occupation , past health , current health , smoker or not , etc. . There are some policies that issue without many health questions asked but these policies will have limits as to how much they will insure . The best way to answer this is to contact an Insurance Agent -LRB- like me -RRB- and get a free , no obligation quote . When you are able to buy insurance is typically the best time to buy it because tomorrow you may find yourself unable to get insurance .


Input: How Much Should I Be Paying For Renters Insurance?

Output: Renters Insurance premium will vary in all geographic areas based on the prior claims experience of insurance carriers in the area . Renters Insurance covers Personal Property -LRB- Contents -RRB- , Personal Liability , and Guest Medical Payments ; the lowest premium will be generated by obtaining the lowest coverage limits with the highest available deductible . There is a link providing an online format to obtain a quote and buy home insurance online in multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK In the future , #RentersInsurance will be a requirement on all Lease Contracts ; it is a useful and inexpensive form of protection for both the renter and landlord in the event of a claim .


Input: Is Medigap Plan F The Best?

Output: Coverage wise Plan F is considered the Cadillac Plan . You have virtually no out of pocket expenses for Medicare covered charges . It is also going to be the highest premium . Depending on a persons situation , there may be other plans that are more cost effective . Compare the premiums for Plan N , D , and C or look at the High Deductible F. HDF is very inexpensive compared to other plans . Your out of pocket exposure is limited to around $ 2200 . Medicare will pay there portion until this deductible is met . This is a good choice for those on a limited budget .


Input: Is Medigap Plan F The Best?

Output: Is Medigap plan F the best ? Well it depends on what the person wants . I have found plan F to be great coverage from a plan that is used . I have my mom on F and we 've made visits over the years to the ER and extended stays for everything from heart issues to infusions and a few things in between . With all of these services , she has not had a bill to pay . Granted the premium is high , but the out of pocket is very low . The other aspect of F that I have witnessed first hand is the ability to switch doctors with ease . She has fired several doctors over the years , often in the same year . Other plans require a year 's commitment to a doctor to work . Plan F does n't . As with any Medicare decision , look at a couple ideas before deciding .


Input: Is Cancer Insurance Worth The Cost?

Output: If you have a comprehensive major medical health insurance plan you may not need a cancer policy , but you may want one . Most major medical plans have deductibles , copay 's and coinsurance that can add up to several thousand dollars in out of pocket costs . Cancer recovery can mean lost wages or home care . A cancer policy can provide additional funds that may be needed .


Input: How Long Do Life Insurance Claims Take?

Output: Life insurance companies say to allow one to two months for a life insurance claim to be paid . This is after you send them a completed death claim form and certified death certificate . The process can be shorter , or , as in the case of a policy my dad took out 68 years ago , it could take a little longer . But it will get paid !


Input: How Long Do Life Insurance Claims Take?

Output: At the death of the policy insured , the beneficiaries or trustee or business partners can file the certificate of death , the newspaper obituary and the claim form for the life insurance company . It takes between 30 and 60 days to process and receive the death benefit proceeds , longer if death occurred during the contestability period , i.e. the first two years of the policy .


Input: Who Should Have Short Term Disability Insurance?

Output: That is a great question ! There are a couple of really good reasons for having a short term disability policy . If you work a job where it is likely to be injured , and workman 's comp hard to get , a disability plan is a must . Your bills will need to be paid , and most often draining your savings or taking out a loan are bad options . The policy will help pay for those things . The other reason is if you are like most Americans , and do n't have the savings or assets to cover if you were injured . 60 % of all bankruptcies are a result of medical emergencies , and more than half of Americans have less than $ 3000 in their savings . Every one of them is a potential bankruptcy waiting to happen . Please do n't be one of them . Thanks for asking !


Input: Who Should Have Short Term Disability Insurance?

Output: Any woman who is planning a pregnancy should purchase short term disability insurance prior to conception . Most policies offered by payroll deduction at the work site cover mom 's recovery from normal childbirth . A vaginal delivery qualifies for s six week benefit payment , and c-section delivery qualifies for eight weeks - after meeting the policy elimination period . Half of all women need to leave work prior to delivery because of complications . Plus accidents and illnesses may be covered as well .


Input: Who Should Have Short Term Disability Insurance?

Output: Short Term Disability Insurance pays cash to persons who are temporarily unable to perform their jobs . Benefits can start as soon as day one , or you can choose a longer elimination period -LRB- up to several months -RRB- to lower your premium . You can choose a benefit period of months to years , with two years being the longest most Short Term Disability Insurance can last . People who have enough savings to tide them over if they are unable to work for several months , do not need Short Term Disability Insurance . However , if you are offered it at a low price , it could certainly be worth having . Those who need it at nearly any cost are those who could not survive even a month without their paycheck . Long Term Disability Insurance is the policy that kicks in after being off of work for several months , and can last many years . This is the type of coverage most people purchase if they are not offered Disability Insurance through their employment .


Input: Why Is Car Insurance Legally Required?

Output: That is a great question ! The answer lies in the amount of potential damage that can be done in an automobile accident . The damage done to the cars is very expensive to fix ; if the cars damaged someone 's property , those repairs will need to be paid for also . And God forbid , if there are injuries ? We all know how expensive healthcare is . Then let 's add a lawsuit to that pile . To avoid having that kind of risk , Auto insurance was made a requirement . The penalties for driving uninsured were made very stiff to help put teeth into the law . I hope that explains it for you . Thank you for asking !


Input: Will Medicare Pay For Ambulance Ride?

Output: Yes , Medicare will pay for ambulance rides that are medically necessary , with a Medicare approved supplier . If emergency services that are needed to save your life , Medicare will always pay for ambulance rides . If non-emergency services , you must either be confined to bed or need the medical equipment the ambulance provides , in order for the ride to be paid for by Medicare .


Input: Are Life Insurance Proceeds Taxable In California?

Output: No life insurance is not taxable in the state of California . California has neither an estate tax nor an inheritance tax , and as is usually the case , life insurance proceeds are not subject to income tax -LRB- unless the policy is held within a plan where premiums have been deducted from income i.e. life insurance inside a 401k plan -RRB- .


Input: Are Life Insurance Proceeds Taxable In California?

Output: Life insurance proceeds in California are not taxable for by income tax , in most cases . If Life Insurance is left to the estate , or goes to the estate because all beneficiaries are deceased , then it will be charged income tax . Life insurance is subject to state and federal estate taxes when it exceeds the exemption . For federal estate taxes , the exemption is $ 5,250,000 in 2013 .


Input: Are Life Insurance Proceeds Taxable In California?

Output: Life insurance is not taxable in California , but even more importantly , it is a great way to increase the value of your estate . The wealthy learned long ago , that income tax is a tax free way to increase your net worth . By putting money into Equity Indexed Universal Life Insurance , from National Life Group , sold by Premier Financial Alliance , your assets can grow as the stock market grows , but NEVER go down , when the market drops ! It is really a no brainer . And then you can access your money as a loan , tax free , so long as you keep your policy open . When you die , your beneficiary gets the death benefit still in your open policy . You can even access the money for any reason during your lifetime . The death benefit will even be paid to YOU while you are still living , if you develop a chronic , critical or terminal illness . Others will say they have living benefits , but try and find anyone with all of our benefits . We were the first and we continue to be Number One . Thank you . GARY LANE . 714 422 9616 . garylane@cox.net .


Input: What Are Some Things To Consider When Buying Disability Insurance?

Output: Some things to consider when buying disability insurance are : 1 -RRB- Do you want short term disability insurance , or long term disability insurance , or both ? Long term disability is recommended if you can not afford both , as the effects of being unable to work for many months or years is the most devastating . 2 -RRB- How much -LRB- what % -RRB- of your income do you wish to replace ? It usually makes sense to get as much as you can . 3 -RRB- Do you want to spend more to have Own Occupation feature ? If not , you will need to go back to work when you can do any job . With `` own occ '' you will be paid until you can go back to your own occupation . 4 -RRB- What about Residual Disability ? Getting a policy that offers Residual Disability enables you to receive a partial benefit based proportionate to the amount of income lost when able to resume working part time -LRB- unlike Partial Disability , which just pays a set % -RRB- . 5 -RRB- What does your policy cover ? Make sure it covers illness and injury , and review the conditions covered .


Input: What Are Some Things To Consider When Buying Disability Insurance?

Output: Disability insurance is paycheck protection . Purchasing the maximum benefits is dependent on your annual compensation . Long term disability is the preferred form of paycheck protection , but not everyone can afford it . So , short term disability insurance can provide some income if yo ca n't work . The elimination period defined when benefits start . Your cash reserves can help you determine how long the waiting period should be . If you have vocational specialty , the `` Own Occ '' provision can coverage your skill set .


Input: Is water leaks covered by rental insurance for storage units?

Output: Typically mold is not covered since mold is produced by continual water penetration that is either undetected or ignored . When water damage is covered on a policy , it is usually only covered if the original cause of loss is covered . You state you were told the original cause of loss was wind damage . If the water damage occurred at the same time , and was a factor of the wind damage -LRB- both happened during the same storm -RRB- , then depending on the type of policy you have -LRB- not the insurance carrier , but the actual policy -RRB- , you may have coverage . There are two types of policies - Open Peril and Named Peril . This is the first item you need to know about the policy you hold . On an Open Peril policy , all perils -LRB- specific cause of loss -RRB- are covered unless they are specifically excluded . On a Named Peril policy , all perils are excluded unless they are specifically listed as covered . On most policies , water damage is listed as excluded , unless specific conditions are met . For example , the policies my company writes in my area covers for `` accidental direct , distinct and demonstrable physical water damage of covered property from direct contact with water , but only if the water results from : '' and then goes on to list what conditions need to be present . In my opinion , unless the water damage was specifically caused by wind damage , and both losses were reported at the same time , you might not have coverage for these items . And most likely not the mold damage regardless of the cause .


Input: Is Selling Life Insurance Easy?

Output: Selling is always an art and takes time to perfect . Selling something tangible is a good start . Selling something intangible that benefits someone else , well thats like evangelizing to religion . Life insurance is part of defensive planning and needs selling create that space to talk about product . Serving people with needs selling can develop into a prosperous career .


Input: Is Selling Life Insurance Easy?

Output: Selling life insurance is not easy but it can be incredibly rewarding . It 's a wonderful thing for youto be able to help people to protect their families and also to be able to make a living yourself . This is the ultimate win-win situation . You need to be able to look past the rejections and focus on the positive outcomes .


Input: How Much More Is Homeowners Insurance With A Pool?

Output: A swimming pool is an attractive luxury and may in many ways enhance the sales value of your home , but your insurance company factors it as a possible risk . Homes are insured based on reconstruction value and relative risk to the insuring carrier . A swimming pool can pose a threat to the carrier since there lies the possibility of danger and a personal liability . It is more likely that a child or impaired adult may become injured in or by the pool rather than your home being destroyed by fire . In most cities around the country , there is an ordinance in force requiring homeowners to have swimming pools within a fenced yard protected by a latched gate so not to invite strangers to the use of the pool without the owner 's permission and knowledge ; insurance companies all impose the condition that a swimming pool is in a fenced and gated area without public access . Even though the swimming pool poses a greater liability risk , most insurance carriers do not assess an increase in premium ; however , they will always ask if you have a diving board and/or slide . The diving board and slide pose a much greater risk than the swimming pool itself . Some insurance carriers will not insure a home with a pool if there is a diving board , slide or a trampoline in the yard . For homeowners with a swimming pool , it is highly recommended to carry the highest available personal liability insurance limit ; most likely $ 500,000 , in most States , there is no deductible applicable to the liability portion of the policy and the premium is unlikely to cost more than $ 40 - $ 80 per year for the additional liability insurance coverage . If this topic is of greater concern , you may purchase a Personal Umbrella Policy which in most cases will provide an Excess Form of liability up to $ 5 Million of coverage for a separate premium .


Input: How Much More Is Homeowners Insurance With A Pool?

Output: Most home insurance companies do not charge extra for a swimming pool . They do underwrite the home more closely and are particularly interested in fences , gates , slides , and diving boards . The pool itself does not pose a risk for property damage as it is not subject to loss from the normal list of perils . However , it certainly is a liability problem .


Input: Who Pays Health Insurance During Maternity Leave?

Output: Alot of times , unless you have a supplemental policy through Aflac -LRB- they are one of the only companies i know of that has a plan that will pay you for maternity -RRB- you are going to be coming out of pocket . Also depending on your situation , your job may pay you for your costs when on maternity leave


Input: What Is FSA In Health Insurance?

Output: FSA stands for flexible spending account and are only available with employer-based health plans . In short , it 's an account that uses pre-tax monies that are contributed by the employer and/or insured persons - up to $ 2500 can be contributed per year . The funds can be used to pay for certain out-of-pocket medical expenses including your deductible , copayments , coinsurance , prescriptions , and even over-the-counter medicines -LRB- with a doctor 's prescription -RRB- . If you have any remaining money at the end of the year , the money is lost and the account , in short , resets . Since you lose the funds at the end of the year , you do n't want to contribute more money than you think you will use on health-related expenses . However , employers can -LRB- but are not required to -RRB- offer one of two options : 1 -RRB- provide a grace period of up to 2.5 extra months to use the FSA funds 2 -RRB- allow you to carry over up to $ 500 per year to use in the following year . Please let me know if I can be of further assistance . Thanks very much .


Input: What Is FSA In Health Insurance?

Output: FSA stands for Flexible Spending Account . A FSA is a tax-preferred account which provides you with money for paying medical related bills including prescriptions and sometimes over the counter products . The money for this account comes from pre-tax contributions by the employer and/or the member . Any money that has not been used at the end of the fiscal year is lost .


Input: What Is FSA In Health Insurance?

Output: An FSA is the abbreviation for a Flexible Spending Account plan which is an IRS approved means of allowing employees to set aside payroll deducted dollars on a pre-tax basis to use for several different types of employee personal expenses . Most people encounter an FSA in the context of setting aside money to cover medical , dental or vision expenses not covered by their group health insurance plan but you are not required to be enrolled in a health insurance plan in order to take advantage of your employer 's FSA plan . Also , there are types of FSAs -LRB- Dependent care is an example -RRB- that I wo n't go into at this time . For 2014 the maximum amount an individual can set aside in an FSA has been reduced to $ 2500 . But this change has been somewhat offset by a change to the `` use it or lose it '' rule which in past years meant that any unused dollars in an FSA account at the end of the plan year were forfeited by the account holder . Now up to $ 500 in unused FSA funds can be rolled over from one plan year to the next . Such rolled over funds do not count against the $ 2500 maximum deduction the employee can make in the subsequent FSA plan year so some accumulation in now allowable if your employer has amended their FSA plan document to allow for this . An additional take away though is that over the counter medications are no longer eligible for reimbursement from an FSA . Setting aside funds in an FSA account reduce the employee 's gross taxable income on a dollar for dollar basis . So , depending upon the tax bracket an employee is in , the potential tax savings could be in the 25 % to 40 % range when Federal , Social Security and possibly state taxes are taken into account . An FSA can be a very cost effective tool in helping employees get more value by paying for eligible out-of-pocket expenses .


Input: What Is FSA In Health Insurance?

Output: That is a great question ! An FSA , Flexible Spending Account , is a part of a companies benefits package that allows you to take a portion of your pay before being taxed and put it in a dedicated account used to pay for medical expenses . It is a good thing to have , if prescription costs in your home are a regular expense , for example . The thing to be aware of with this kind of account though , ids that there are caps to what you can put into it , and whatever you contribute has to be spent by years end , or it disappears . Talk to your HR person , or plan administrator , and get some more details about this benefit , and what it will pay for . Thanks for asking !


Input: Why Do You Need Critical Illness Insurance?

Output: Critical Illness insurance covers the gaps you may have in your major medical plan . Life insurance covers when we die but does very little if you are still living . Critical illness will give you the necessary coverage you need if you are ever afllicted with a qualifying disease and yet still have financial and family obligations you are responsible for . It is a great companion to your life policy . Talk to an Insurance professional who knows the product and see how it can benefit you .


Input: Why Do You Need Critical Illness Insurance?

Output: You Need Critical Illness Insurance to cover major ongoing medical expenses incurred by a prolonged illness . You need critical illness insurance if your family medical history is predisposed to chronic health problems or diseases that run in your family throughout recent generations . As you grow older , you may be vulnerable to respiratory problems because or chronic smoking or obesity that lends itself to a variety of health problems .


Input: Do I Need Life Insurance When I Am Retired?

Output: here is a good chance you will . Lets cover some of the what ifs : What if you need to maximize your pension distribution by taking it out during your lifetime only ? Life insurance will help you cover your spouse . What if you have any remaining debts , such as a second mortgage ? Or if you have any dependents , such as a child who still need some financial assistance ? Life insurance would protect them . What if you want a really strong guaranteed portion of your asset portfolio ? The guarantees in life insurance cash value contracts are very competitive . What if your net worth is high and you want to preserve your estate from federal and state taxation ? Life insurance would allow you to protect your assets and still pay the government . What if you have formed very strong ties with a charity , and would like to support it as a legacy ? Life insurance can turn a comparatively small premium into a very substantial gift for them . Its kind of surprising , isnt it , about how our need for life insurance can basically last our entire life !


Input: Do I Need Life Insurance When I Am Retired?

Output: Do you need life insurance in retirement ? The answer is an individual one . For me personally , I do . Why ? because at some point I am going to die and somebody is going to have to take care of what I leave behind . I personally ca n't leave those people having to figure out how to pay for my service with which thing to liquidate in what ever market at the time . I do n't want them to lose salary in dealing with my death . If they need time to grieve , I do n't want them to do so at a loss . Just a few reasons I choose to carry life insurance till the dayI die .


Input: Do I Need Life Insurance When I Am Retired?

Output: In Canada when you `` retire '' , whether you need life insurance depends on your objectives . Life Insurance creates cash at death and is arguably to most effective way to do so . Why would you want a tax free death benefit ? There are often additional benefits including tax preferred growth . However , if tax-free cash to create or conserve your legacy is desired , you need life insurance . If you have further questions or you can contact me through this web site or JPW.ca


Input: Do I Need Life Insurance When I Am Retired?

Output: You need life insurance in retirement if your beneficiaries have financial exposure in the event of your demise . In addition , life insurance can make a difference in the lives of your children , grandchildren and charities who depend on you .


Input: Can I Cancel Term Life Insurance At Any Time?

Output: Yes , you can cancel term life insurance at any time . Since it does not have cash value , you will not be penalized by a surrender charge being deducted from cash value . Prices do go up with age , so be prepared to pay more if you plan to buy a new policy in the future .


Input: Can I Cancel Term Life Insurance At Any Time?

Output: You can cancel any life insurance at any time . No one can force you to carry life insurance . Just call your company and tell them you no longer want the policy . This may not to be to your advantage , however , so make sure you know what you are doing . Life insurance is something you pay for with your money but it is your good health that will get you the best rates . If your health turns bad you may not be able to afford a new policy .


Input: Is Auto Insurance Unconstitutional?

Output: It isnt unconstitutional for people facing perils to band together and protect themselves . If it was the pioneers would have never been allowed to build forts to protect their families . It isnt unconstitutional for companies to be formed to issue insurance policies . Some of the strongest financial institutions in the United States are insurance companies . To some insurance might have the appearance of gambling which is illegal in some states . The Supreme Court has ruled several times that the activities of insurance companies are constitutional .


Input: Is An MRI Covered Under Medicare?

Output: When authorized by your doctor , an MRI can be an effective diagnostic tool . In many cases and MRI is covered under Medicare Part B , subject to the deductible and coinsurance . If you have a good Medigap plan you may owe little or nothing after Medicare pays their portion for the MRI


Input: How Does Homeowners Insurance Protect You?

Output: When you purchase a home and use financing for the purchase the lender requires you carry homeowners insurance . This insurance protects the home which is the collateral for the loan . In the event thing such as storms , vandalism , fires and other acts that are not caused by the homeowner cause damage to the home a claim can be filed with the insurance company and those damaged items can be repaired . It is a must to have insurance when you invest in real estate .


Input: What Is The Best Short Term Disability Insurance For Pregnancy?

Output: The best policy is one that covers normal childbirth . These policies are very difficult to find . Most insurers choose not to sell these policies directly to individuals . There are a number of carriers that sell them to individuals at the work site . Your employer would have to agree to offer all employees an opportunity to purchase coverage , and make payments through payroll deduction . Since this may be your only option , the best policy is the one offered by your employer .


Input: What Is The Best Short Term Disability Insurance For Pregnancy?

Output: There are only a couple of companies that sell short term disability insurance to an individual person . One is Mutual of Omaha and the other is Assurity Life , of which I am aware . Most short term disability insurance is provided to the employee through a group policy offered by her employer . It might be paid for by the employer , the employee , or both .


Input: Much Does Auto Insurance Cost For A Teenager?

Output: Insurance for a teenager definitly costs significantly more then when you are an adult . but there are ways which you can lower your premium like taking a defensive driving course or some companies offer certain programs where you take a course with them for a discount . Call a local agent in your area and they should be able to help you as it will definitly be area specific .


Input: Does Auto Insurance Cover Theft Of Items From The Car?

Output: The answer is an astounding maybe . Wow , that sounds pretty vague , doesnt it ? Well , it depends on what is stolen from the car . Items that are permanently installed in the car are covered for theft , such as your internal GPS system or sound system . CDs , tapes , cassettes , and etc. can be covered if you add such coverage to your auto policy . What if you have things like a laptop in your car , or textbooks , or things you just bought from the mall and couldnt bring home yet ? NOT COVERED . Unless there is a special coverage available from your insurance company in your state , this is NOT covered under an auto policy . These items are covered under your renters , homeowners , condo , or other property policy as stipulated under your coverages . This is why it is important to have more than just auto insurance , as a missing laptop is emotionally and financially frustrating to replace . Renters insurance can be around $ 120 a year and will cover these belongings after a deductible of $ 250 - $ 1,000 . Make sure you have these items properly listed on your property policy as some limits are there for theft of valuable items like jewelry , precious and valuable items , electronics for business , and other items . However , that is going beyond the scope of this question . In short - auto policies are not designed to cover theft of items from the car . The policy covers some incidental items relevant to the car , but the rest of your items are really covered from your home property policy . So go out and talk to your agent and invest in the right policy to properly cover your contents .


Input: Does Auto Insurance Cover Theft Of Items From The Car?

Output: While car insurance would cover the loss of your car due to theft , provided that you had Comprehensive physical damage coverage included in your policy , the things in the car would probably not be covered . Personal items left in a car are covered under your Homeowner 's , Condominium Unit Owner 's or Renter 's insurance policy . Talk to your Insurance Professional about your particular needs to make sure you are properly protected . Further , be sure to talk about any discounts available to you for insuring both your home and car with the same company .


Input: Does Auto Insurance Cover Theft Of Items From The Car?

Output: The short answer is that unless the car is stolen , or parts of the car are stolen , theft of items from a car are not covered . You 'll seek this coverage from your homeowner insurance . If your car is stolen there is a small amount of coverage that comes from the auto after 48 hours . As usually , check with your local agent or insurance company to see how they have written your policy but what I have described in the common policy construction . Auto policies are not designed to coverage your personal property .


Input: Does Auto Insurance Cover Theft Of Items From The Car?

Output: Automobile insurance covers an automobile . Property is covered by property insurance . If the property is a part of the automobile it is covered under the automobile policy . State law may provide variations of coverage but this is the basic answer . You should know that property coverage outside the residence is normally only a percentage of the coverage listed on the policy and is subject to a deductible .


Input: Does Medicare Pay For Iv Antibiotics?

Output: Medicare will pay for IV antibiotics that are administered in a physician 's office , in a hospital , or at a skilled nursing facility . Medicare will not pay for IV antibiotics that are administered in ones home . This applies to all infusion therapies , not just those that are used for antibiotics .


Input: Does Medicare Pay For Iv Antibiotics?

Output: Under most situations , drugs administered via IV are covered by Medicare Part A -LRB- if you are an inpatient in a hospital -RRB- or Part B -LRB- if administered in an outpatient clinic or in a doctors office -RRB- . If the drug is self administered in your home the cost of the drug might be covered under your Part D .


Input: How Much Is Health Insurance For An NFL Player?

Output: Beginning in 2014 all health insurance policies are suppose to be issued without underwriting with the exception of `` do you smoke '' and `` what is your date of birth '' . Prior to 2014 the life style and the risks associated with a `` professional athlete '' is going to make it very difficult to obtain coverage . After January2014 the premiums are based on `` age '' with the young paying a higher premiumthan the elderly . Does that sound like another `` social security '' designed plan ?


Input: Can I Deduct Disability Insurance Premiums?

Output: No you can not deduct Disability Insurance premiums in most situations . Disability premiums are paid with money that has already been taxed , but then the benefit that is collected if a disability occurs , is not taxed at the time it is received . While Disability Insurance is considered a Health Insurance product , it is not counted as a medical expense by the IRS .


Input: Where To Get An Inhaler Without Health Insurance?

Output: You should be able to get your inhaler at any pharmacy without health insurance . The catch is you will pay the full cost of the medication you are needing . Of course you will most likely need a script from your doctor as well . I would recommend shopping around before just going to your local store as different brand names have different cost associated to them . Good Luck .


Input: Does Renters Insurance Include Liability Coverage?

Output: The renters insurance policies that I handle in my company contain liability insurance . Remember though there are two different liability coverages available . Regular liability and Personal liability . Most policies have personal liability as an optional coverage . Remember though not all policies are the same . Look over your policy completely or contact your local agent to ensure that you have this coverage .


Input: Does Renters Insurance Include Liability Coverage?

Output: Most renters policies provides liability insurance as a part of the package . This is personal liability coverage and the company will pay up to the limits of the policy for all amounts which you are liable for by law because of bodily injury or property damage . There are exclusions and limitations to the coverage which are very important .


Input: What Is Medicare Competitive Bidding?

Output: Medicare is looking at installing a new program in some parts of the country called the competitive bidding program -LRB- CBP -RRB- . The idea is to lower costs and create more accurate prices for certain durable medical equipment -LRB- DMEs -RRB- from suppliers . In short , suppliers `` bid '' to provide certain medical equipment and supplies at a lower price than what Medicare currently pays . Medicare then uses the bid numbers to set the amount it pays for supplies - winning bids are chosen as the contract suppliers for Medicare .


Input: Is Disability Insurance Recommended?

Output: Yes , it is highly recommended . Unless you have significant savings set aside for 30 months or so , you may need to consider disability insurance . The average disability can run 30 months . Most working Americans have 90 days in cash reserves . Is it important to have a paycheck coming in ? Disability insurance is paycheck protection .


Input: Is Disability Insurance Recommended?

Output: Absolutely ! One in eight workers will be disabled for five years or more during their working careers . Even if you have a substantial savings , the likelihood of you being able to maintain your lifestyle , on your savings alone , is quite small . You need disability insurance so that you can continue to receive a paycheck should an illness or disability occur . The probability is too high !


Input: Where To Put 401K Money Now?

Output: That is a great question . I 'm a little confused though - are you asking for investment advice , or asking what to do with a 401k that is floating around ? If it 's investment advice , that is impossible to give without understanding your risk tolerance , time frame for investing , and your liquidity needs . You would have to contact me privately for more details before I could even begin to think of giving you direction . If it is what to do with a 401k that you 'd like to rollover , you need to do that fairly quickly , or you are going to have one heck of a tax bill . Please seek a financial adviser for help , okay ? Thanks for asking !


Input: Where To Put 401K Money Now?

Output: From your question , I have to guess that you are no longer working for the company which has the 401 -LRB- k -RRB- . If you get another job which has a 401 -LRB- k -RRB- option , you could transfer it although I do n't recommend this in most cases . From a 401 -LRB- k -RRB- , you can roll it over into an IRA which can be anything from a mutual fund , stocks , annuities and other investments which IRA 's are allowed . In most cases , I usually recommend using an Fixed Indexed Annuity for a couple reasons . First , you can guarantee that you will never lose the money you have worked so hard to get . Fixed Indexed Annuities give you a downside guarantee along with an upside potential which will help you stay ahead of inflation . When it comes time to retire , you can use that annuity to create guaranteed lifetime income . You never will outlive your income . Please consult your adviser or connect with me if you have other questions .


Input: Is A Profit Sharing Plan A 401K?

Output: A profit sharing plan falls under IRS section 401 . Both a profit sharing plan and 401k are forms of retirement plans that allow employees to make pre-tax contributions to an account where contributions and earnings are not taxed until they are pulled out during the distribution phase . It is important to note that a profit sharing plan does not have to be part of a retirement plan . A profit sharing plan typically allows the employer to decide from year-to-year whether to contribute on behalf of participants . It would make sense that this decision follows the company 's profitability for the previous year . While there are variations of both types of retirement plans , there are many similarities between profit sharing plans and 401k 's such as the ability to take out a loan or pull money out based on a narrow definition of hardship . Both can have non-elective employer contributions . An employer can offer both a profit sharing plan and a 401k . You might find this link to an IRS publication helpful regarding profit sharing plans . WEBSITELINK


Input: Will My Health Insurance Cover A Car Accident?

Output: Yes , though they will certainly expect to coordinate benefits or engage in some recovery from any auto insurance that ends up paying on the claim . If an uninsured motorist hits you and a lawsuit to recover damaged is pursued against that driver your health insurance carrier will quite likely be involved in trying to recover some of their expenses though this is always a more complicated and time consuming process .


Input: How Much Does Auto Insurance Cost For A New Driver?

Output: You are asking a question that has no absolute answer . If I can assume this `` new driver '' has no speeding tickets and no DUI and no drug charges then we are left with the usual questions . Is this `` new driver '' the primary driver of the auto ? Is the car driven to work each day & how far ? Is the auto used in business ? What type auto is it-a 4 cylinder or 8 banger ? All these factors determine the cost for that `` new driver ''


Input: How Much Does Auto Insurance Cost For A New Driver?

Output: Have to be honest with you , there are a number of answers to what appears to be a simple question . Let me say that a general , and a very general , rule of thumb is that an inexperienced driver will tend to pay more for car insurance than a more experienced one . Statistically , inexperienced drivers tend to be much more prone to violations and accidents , again , generally speaking , and therefore insurance companies wiull consider them a higher risk . Without getting into specific case situations , I think that is about the best guide that I can offer and an answer to that question .


Input: How Long Does Health Insurance Take To Get Approved?

Output: If the policy is medically underwritten , it can take up to a few weeks -LRB- sometimes longer or shorter -RRB- . If it is a short-term policy , within 24 hours -LRB- and sometimes instantly -RRB- , you can be approved . Starting in 2014 , with guarantee-issue plans , it is possible that approvals could become quicker , and perhaps within a few days .


Input: What Kind Of Health Insurance Do The Duggars Have?

Output: Insurance of any kind is a private matter for individuals and families and can not be disclosed to the public without the consent of the policyowner -LRB- s -RRB- / insured person -LRB- s -RRB- due to HIPAA privacy laws - people also do not/would not share that information with people in general . Even celebrity families wo n't release that type of information .


Input: What Kind Of Health Insurance Do The Duggars Have?

Output: Great question ! As Jason mentioned , unless they were to tell you yourself what policy they had , it would be virtually impossible for you to find out . The Patriot Act made protecting your privacy a big deal . I can tell you this about their policy though - It 's probably very expensive ! Thanks for asking !


Input: How Do I Stop Medicare Part B?

Output: Yes , you can stop Medicare Part B the question is why would you want to ? When you have a large claim requiring hospitalization , about half your bills are incurred while in the hospital , the other half are after you are discharged . When you terminate Medicare Part B you will also forfeit the right to continue a Medigap or Advantage plan .


Input: How Does Annuity Income Work?

Output: In exchange for a sum of money the insurance company guarantees monthly payments on the annuitant for the balance of their life . There are other settlements ; however , this is the basic settlement . The company knows that some will die before exhausting the money they deposited , while others will live longer . This pooling of the common risk of living too long is the basis for an income annuity .


Input: What Is A Retirement Plan For Self Employed People?

Output: The most common retirement accounts for the self-employed are SEP IRAs , Simple IRAs and individual 401 -LRB- k -RRB- s . These plans have two factors in common : up-front tax breaks and tax-deferred saving , meaning you do n't pay taxes until you withdraw the money in retirement . The Roth version of the individual 401 -LRB- k -RRB- is slightly different : you do n't get an up-front tax break , but your money not only grows tax free , withdrawals in retirement are also tax-free . The Simplified Employee Pension -LRB- SEP -RRB- IRA is probably your best bet.You can open one at virtually any bank , mutual fund sponsor or brokerage firm . Annual account fees are low - or non-existent . Your contribution limit is based on a simple formula : You can put away as much as 25 % of your net income , up to a cap that increases periodically to keep pace with inflation - $ 49,000 in 2010 . Money stays sheltered from taxes during your savings years , and what 's additionally appealing is a SEP 's funding flexibility . You can wait to fund the plan until you file your taxes . So if your income turns out to be higher than expected , you can make a large contribution and cut your tax bill . If you have a tough year , you can scale your contribution back . If you work alone now , but aspire to bigger things . Then a Savings Incentive Match Plan for Employees -LRB- SIMPLE -RRB- IRA may be better for you . With a SIMPLE IRA , you can keep investing in the same plan after you hire someone . Though do n't forget what the plan name stands for : you have to match your employees ' contributions , up to 3 % of pay . The main problem with a SIMPLE IRA is that you can stash away no more than $ 11,500 a year -LRB- $ 14,000 if you 're 50 or over -RRB- , which may not be enough to meet your retirement goals . Also , if you need to make a withdrawal from a SIMPLE IRA plan within two years of its inception , the 25 % penalty is significantly higher than the 10 % fee you 'd be charged for early withdrawal from a SEP IRA . Both the SEP IRA and individual 401 -LRB- k -RRB- make it tough on sole proprietors who try to hire even one full-time employee . SEP rules can lock you into expensive contributions . With an individual 401 -LRB- k -RRB- , unless that employee is married to you , you 'll have to stop funding your plan or convert it to the more complex and cumbersome employer version . For that , you 'll surely need professional help , and you may even have to hire a third-party plan administrator . That does n't come cheap . The Individual 401 -LRB- k -RRB- is an especially good choice if you are scrambling to build up your retirement savings and can afford to sock away a considerable portion of your earnings . The generous contribution formula lets you put aside more money at a lower income level than you can with a SEP IRA . As an employee , you can stash away as much as $ 16,500 . As the boss , you can contribute an additional 25 % of compensation , up to a maximum of $ 49,000 , including your employee contribution . These contributions are discretionary , so you can save the maximum in flush years and nothing in tougher times . If you and your spouse are both in the plan and enjoy a banner year , you could save a total of $ 98,000 . And if you are both 50 or older and eligible for catch-up contributions of $ 5,500 each , the total climbs to $ 109,000 . It 's also possible to take out a loan against an individual 401 -LRB- k -RRB- . That can be useful if you need funds during a business crunch . You can borrow half the account 's balance , up to $ 50,000 , and typically take up to five years to pay it back -LRB- provider rules vary -RRB- . That said , borrowing from a retirement plan should be a last resort , since it could seriously undermine your long-term goals . Individual 401 -LRB- k -RRB- s come with a bit of bureaucratic hassle . Once your balance exceeds a certain level - $ 250,000 in 2010 - you have to fill out an IRS form -LRB- form 5500 -RRB- every year , which adds a bit to your accountant 's bill . Before a tax law change in 2001 , Keogh plans were a popular choice for high-income self-employed people . These days , they 've been largely replaced by SEP IRAs , which have the same contribution limits but much less paperwork . Keogh plans come in two varieties : Defined-contribution . These plans have two variations : profit-sharing and money-purchase . The profit-sharing version of the Keogh is most like the SEP ; there 's a ceiling on contributions - 25 % of compensation , up to a maximum contribution of $ 49,000 in 2010 - and below that limit you can put in whatever you can spare . You also can change your contribution each year . With the money-purchase plan , you pick a percentage of income you 'll contribute every year , and stick with it . If you do n't , you 'll owe the IRS a penalty . Defined-benefit . This type of Keogh acts as a traditional pension plan , but for one key fact : you fund it yourself . You pick the annual pension you want , then contribute -LRB- and deduct from your taxes -RRB- whatever amount is needed to reach that goal . If you 're self employed and have a high income - say you 're a doctor or lawyer - this type of plan may allow you to save more for retirement than many other plans . Keoghs can be complicated to set up , and the paperwork required if you own one is considerable . If you 're interested in establishing a Keogh , consult a financial adviser .


Input: Does Liberty Mutual Drug Test For Life Insurance?

Output: Depending on the size of the coverage and guarantee on issue , there will be some sort of exam that will collect a specimen . Any illicit or illegal drug , as directed by the Federal Government , will not only cause an application denial , it will potentially flag you with other insurance carriers through the Medical Information Bureau . It is advisable , for the best possible outcome , to abstain from all prescription medications not prescribed to you , illicit drugs INCLUDINGmarijuana regardless of your resident state 's legislation and tobacco for 30 days prior to your insurance exam .


Input: Is AAA Life Insurance Any Good?

Output: Life insurance by AAA , also called the `` auto club '' by many , is primarily in the auto business and known for its ' roadside assistance . However , the also sell life insurance . Financially they are rated an A - by AM Best , the fourth highest rating . My experience with them is limited by the fact they use in-house agents to sell their product .


Input: Is AAA Life Insurance Any Good?

Output: Jim has pointed out some excellent features of AAA life insurance that you should know before buying AAA 's coverage . I would like to add that it is also easy to be declined for their life insurance , and that being declined by them can keep you from getting other coverage for which you would otherwise qualify . I reiterate that it is up to you to read the fine print before mailing in your application . If you are unsure whether you qualify , or do not understand the conditions of this type of coverage , call one of us on this website and we will be happy to explain it to you . Thanks for asking .


Input: Is AAA Life Insurance Any Good?

Output: That is a great question ! I 'm assuming that you are talking about the offer for `` up to $ 200,000 of term life insurance at members only group rates '' ? Any offers like this that you receive , or see advertised on television are offered by reputable companies , and are valid policies . Are they good for you , is the better question . In AAA 's case , -LRB- and I just happen to have a copy of their ad here , I use it for teaching purposes -RRB- there are a couple of things to look at that this type of advertised policy does , that a typical life insurance policy would n't . First , the small print tells you that this policy ends when you turn 80 . If you live to be 80 and a day , you have no coverage . If you look at the nicely colored chart with the ages and prices , you will see that every 5 years they increase , often pretty dramatically . The small print again tells us that your monthly rate increases to be whatever your age bracket becomes . So at age 64 , you pay a price , at 65 , it increases to the new price until you turn 70 , when it increases again . It is good in that if you can get through the few health questions , you are `` approved '' , unless of course the authorization that you okay in the small print turns up something in your health history that either denies your coverage , or increases your rate . Please understand that in no way am I disrespecting AAA or anyone else who advertises this kind of policy , because all of these things are clearly stated , and the assumption is that you the consumer can understand them , and by purchasing them , are accepting the terms of the policy , as legally stated . I wholeheartedly advise that you find a local agent who can show you what you would pay over your lifetime for this policy , and give you a few other policies to compare it to . Please , whatever you do , do NOT fill out a bunch of different ones , hoping one will be approved ! The exact opposite happens a great amount of the time . If you would like more details , please contact me , I will make time for you to discuss this privately . Thank you for asking !


Input: What Is The Average Amount Of Renters Insurance?

Output: Great Question . The average renters insurance is around $ 20,000 of personal property . Most people who rent a house , apartment or condo have about that much in personal property . Which can include furnature , cloth , televisons , computer and other personal items that a person needs every day . Some people have more than others in term of stuff .


Input: What Is The Average Amount Of Renters Insurance?

Output: That is a little hard to say because rates can differ by location and from state to state . Here in CT , I find the average to be between $ 200.00 and $ 300.00 annually . There are three primary elements of coverage that drive the premium . First , the amount of personal property coverage you choose , it should reflect the value of your personal belongings . The second is the deductible you choose - the higher the deductible , the lower the premium . Finally , the amount of liability coverage you choose . We generally recommend at least $ 300,000 .


Input: When Is A Roth IRA Tax Free?

Output: The money from a Roth IRA is received income tax free if the plan has been in force five years or more and the person is 59.5 years or older . Unlike regular IRA , a Roth IRA does not have a current income tax reduction . Both plans accumulate money income tax deferred , however the standard IRA results in mandatory withdrawals and 100 % taxation when withdrawn . There are other issues .


Input: When Is A Roth IRA Tax Free?

Output: That is a great question ! Since you are putting the money into your Roth after taxes when contributing , the returns are not taxed . There are times when you can be taxed , but they all involve taking the money out before it 's been in there for a minimum five years , or for a non-approved reason . I hope that helps , thanks for asking !


Input: What Life Insurance Is Best For Me?

Output: To determine what life insurance is best for you I highly recommend you sit down with a life specialist to reivew your potential needs . This is a very importantdecisionthatshouldnot be taken lightly . The importance of life insurance is to make sure it is there for your loved ones in the unfortunate event of your passing . Call your local independent agent who canreviewyour specific needs and who works with multiple life insurance companies .


Input: What Life Insurance Is Best For Me?

Output: What do you want to achieve in buying your life insurance ? Do you want strictly a death benefit ? Do you want to build cash value that you can draw against ? Do you want to be able to pay for chronic , critical or terminal care , such as long term care or disability , or cancer ? Some policies deal with one of these , some with a few , some with all of them . I personally recommend the policies sold through Premier Financial Alliance from National Life Group . They provide full living benefits , with the longest term payouts and the highest grossing growth , since they are tied to the stock market when it goes up , but untied when the market goes down . See your agent . GARY LANE , garylane@cox.net, 714 422 9616 . Thank you .


Input: What Life Insurance Is Best For Me?

Output: The life insurance that is best for you depends on your income , your needs -LRB- e.g. if you need it for a funeral or you need it to pay off a mortgage -RRB- , your health , and your age , among other things . No one policy is best for everyone . If you are told that , that is a clue to do some shopping around . A good agency that sells multiple products can help guid you to the life insurance that is best for you .


Input: What Life Insurance Is Best For Me?

Output: Life insurance addresses three major planning goals : Indemnification , Income and Inheritance . Indemnification is insuring the lives of family members or business associates for the economic benefit of their beneficiaries . To indemnify the economic liability of short term financial exposure , you may want to consider term life insurance with a conversion policy provision to permanent life insurance . If the financial liability is perpetual , a permanent life insurance policy is recommended . Guaranteed universal life is the most economical of permanent policies . Income from life insurance policies can generate tax advantaged distributions for supplemental retirement planning . There are four life insurance policies to consider based on your risk tolerance . Participating whole life and current assumption universal life use interest rate crediting methods . Indexed universal life can use domestic and foreign indices . Variable universal life use separate subaccounts allocated to equities and bonds . Inheritance planning with life insurance can address estate transfer taxation , charitable giving and creating an estate for children and grandchildren . Married couples should consider guaranteed survivorship where two lives are used in one policy which can result real savings instead of two separate policies .


Input: What Is The Average Cost Of Home Insurance In Florida?

Output: You really need to talk to one or more independent agencies in your area to get pricing quotes . Quite a few key factors are involved in determining the homeowner pricing of each dwelling . Just to provide some examples within the process , the following are some of the key -LRB- but not all -RRB- factors in the rating process : Age of dwelling & construction type Protection - Alarmed for both break-ins & fire ? How is security system monitored ? Location - How close is fire protection ? Sinkhole frequency area ? Severe storms exposure ? Specific risk factors on premises and within the dwelling - types of animals , trampolines , swimming pools , pool enclosures , safety features for pools


Input: Where To Go For Cheap Car Insurance?

Output: The cheapest auto insurance is the policy that pays the maximum amount when you have a claim . This policy may not have the lowest premium but it protects you . At that moment there will not be any other criteria to judge whether the policy was cheapest or not . You get this kind of insurance from an insurance agent who will listen to you , provide sound financial advice , and communicate clearly with both you and the insurance company .


Input: Where To Go For Cheap Car Insurance?

Output: The best place to go for cheap car insurance is a resource that shops all major companies ... not just a few local and national carriers . Since claim payouts do not substantially vary -LRB- in most situations -RRB- , it 's important to have quality coverage at the lowest cost . An experienced and unbiased broker will save you time and money . LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several top-rated websites that offer the best auto insurance prices for consumers .


Input: Where To Go For Cheap Car Insurance?

Output: Good insurance is n't cheap and cheap insurance is n't good . The higher the limits and the more coverage you purchase , the more you will pay . Does someone living in an apartment with few assets and an older vehicle need a 5 million dollar umbrella over a 500 thousand dollar auto liability policy ? Not unless he/she is a brain surgeon who lives an extremely frugal life . But think about it , if the apartment dweller mentioned liquidates everything he/she has into a pile of cash , how much would be in that pile ? Let 's say $ 100,000 A lawsuit can not get blood out of a stone , but the award from a lawsuit one loses can result in one or moreliens on current and future income and assets -LRB- within limits -RRB- . The lower the liability limits one purchases and the more restricted the coverage , the lower the premium . Never buy insurance by price until you are comparing two identicalcoverage packages - and then be very waryabout the exclusions or differences in the fine print -LRB- forms and endorsements -RRB- between the policies . Definitely secure the services of a competent agent or broker that knows their insurance . The ten or fifteen percent commission you pay them will be worth a hundred times that when you purchase the correct policy based on your exposures .


Input: Why Should You Buy Renters Insurance?

Output: The greatest exposure a renter has is personal injury by someone visiting the unit that you have rented . A lawsuit is a terrible thing and the expense can be devestating . The second greatest loss would be to have your personal property destroyed . The landlord is not responsible for your personal property so if coverage is desired , a renters policy is the way to provide that coverage


Input: Can A Landlord Force You To Get Renters Insurance?

Output: I agree fully with Ted 's answer above . In my lease it actually has a penalty -LRB- $ 30 -RRB- for every month you do not show proof of insurance ! As an agent that deals with many Renters , I urge them to get coverage because I have seen what happens without it . I had a friend lose the stone in their engagement ring 3 weeks after they got it and they had no coverage !


Input: Can A Landlord Force You To Get Renters Insurance?

Output: That is a great question ! A landlord can not force you to purchase a renters policy , but he can make it a condition of renting the apartment - you do n't have one , you do n't get the apartment . I know that may not seem fair , but the landlord is really trying to protect both you and him . It really is a good thing to have it , -LRB- and it is not very expensive , you can expect to generally expect to payaround $ 20 a month -RRB- , and is well worth it if you ever have damage to your apartment or are a victim of theft . I hope that helps ! Thanks for asking !


Input: Can A Landlord Force You To Get Renters Insurance?

Output: A landlord has the right to require you to carry Renters Insurance . This is a protection for the landlord in the event of a liability lawsuit . There is no law prohibiting a landlord from including this in their lease and it would be a breach of that lease agreement should you fail to comply .


Input: Can A Landlord Force You To Get Renters Insurance?

Output: A landlord is not obligated to rent to you . In most cases you make application to rent . It is not a matter of meeting some legal requirement . If the landlord requires you to have a renters policy as a requirement to rent from him , that is your decision . If you decide you dont want to purchase the policy , he can decline to rent to you .


Input: Can A Landlord Force You To Get Renters Insurance?

Output: Yes , a landlord can in fact require you to have Renters ' Insurance as a condition of offering you a lease , this is pretty common practice . As a property owner they are within their legal rights to establish fair and equitable standards and best practices that must be followed equally with each and every applicant with whom they work . It is not unreasonable at all to make insurance a requirement to protect both their property and financial interest and responsibility .


Input: Why Is Disability Insurance So Expensive?

Output: Disability insurance can be affordable , especially when you 're young and healthy . You need to view disability insurance as paycheck protection . Many working Americans have only 90 days in cash reserves , so disability insurance can bridge that gap in the case of an injury or sickness . Older workers may be bale to mitigate the cost of disability insurance by purchasing shorter time periods or longer elimination periods or a combination of both .


Input: Does Medicare Part B Cover Vision?

Output: This is s great question . Medicare alone covers vision on a limited basis . They will cover 1 pair of eyeglasses , standard frame or contact lenses after cataract surgery that implants on intraocular lenses and you are still responsible for 20 % . Many Part C plans will offer more vision benefits .


Input: How Old Can A Child Be On Parents Health Insurance?

Output: Under the Affordable Care Act aka Obamacare a child can stay on a parents plan until they become 26 . They can stay on the plan even if they are offer employer sponsored group insurance or are marrierd . The only issue is that if they are on their parents plan and they have a child the child can not go on their plan .


Input: Is My Disability Insurance Taxable?

Output: Disability insurance is generally taxable in one of two ways . Either you pay for premiums with your own funds that have already been taxed , in which case you will probably not need to pay taxes on the income from your policy if it is ever needed . If your employer pays for your policy , or if you pay for it with funds that have not yet been taxed , you will need to pay taxes on the insurance benefits if needed .


Input: Questions about the ticket, claim that influence the policy fee?

Output: The ticket you received wo n't count against you regardless of whether or not you attend the driving school class , but the at-fault accident will . Even if the ticket went on your driving record , it would not be counted . Because when you have 2 or more violations on the same day , insurance companies only count the most severe violation . Which in your case is the accident . And yes , other insurance companies will know about your accident . Even if you are lucky enough to not have either the accident or ticket show up on your driving record , it will still show up on your insurance score -LRB- known as CLUE -RRB- if a claim is paid .


Input: What Is NYS Disability Insurance?

Output: NYS Disability Insurance is a short term disability insurance policy offered by the state of New York to New York residents . It will pay a temporary cash benefit to eligible New Yorker 's if they are disabled due to an illness or injury suffered while not on the job . It also covered disabilities arising from pregnancies .