Input: Who Are The Cheapest Home Insurance?

Output: The Cheapest Home Insurance may be perceived to be the lowest cost per thousand dollars of insurance . The lowest premium for Homeowners Insurance is offered by Stillwater Insurance Group , formerly known as Fidelity National Insurance Group . Stillwater Insurance is Admitted in all 50 States and writes in the majority of the Cities in the nation ; it offers a quality homeowners product with many available options and discounts . They provide an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: Universal life is more flexible than a whole life policy . flexible premiums , non forfeiture options , flexible benefit amounts , builds cash value like whole life may also be variable or not like whole life . Universal life policies are usually issued using the same requirements as a whole life policy . MIB clearing , usually physical by insurings choice


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: Whole Life has set premiums that never go up , guaranteed cash values , and will be around when you need it as long as you pay the premiums . It also has what is called non-forfeiture values . If you stop making payments and the policy has cash value you can : 1 . Let the policy go on extended term which will provide the full face amount for a period until the cash value runs out . 2 . Take a reduced paid up policy for whatever the cash value will buy . 3 . Cash the policy in . Universal Life has Flexible Premiums , you can change the amount you put into the plan . Flexible Death Benefit , you can change the death benefit , reducing it or if your health is good increase the benefit without having to purchase a new policy . Universal Life has a guaranteed interest rate , not guaranteed cash value . Since the premiums are flexible the danger is in under funding the policy which will make the policy lapse , even if you are making premium payments . Universal Life is basically term insurance with a cash value side fund combined into one package . If there is not enough cash in the policy side fund to pay for the term insurance the policy lapses . It is important to make sure you are properly funding the Universal Life policy by paying at least the Target Premium . Each year you will receive an annual statement showing the cost of the term insurance and the amount of cash in the policy . Have your agent review this with you at least every two years to make sure it is performing as planned . As you can see , while the Universal Life has some attractive features , Whole Life is a safer more stable product .


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: Whole Life and Universal Life are the two main types of permanent insurance coverage -LRB- there are sub-categories with in that - e.g. guaranteed universal life , current assumption universal life , indexed universal life , participating whole life , non-participating whole life , and others -RRB- . Permanent life insurance , in general , is designed to provide coverage for the rest of the insured 's life and build cash value . Universal life insurance features a flexible premium structure It 's , in short , a blend between term life insurance and whole life insurance . A universal life policy will guarantee the maximum death benefit for the lowest possible premium -LRB- making it much less expensive than a whole life policy with the same death benefit -RRB- . Like with whole life insurance , universal life will build cash value , although it will generally not accumulate as much cash value over the life of the policy as a comparable whole life policy it is essentially term insurance to age 121 , with the emphasis on a larger death benefit instead of greater cash value for the premium that you are paying . Universal life is ideal for anyone who wants to maximize the death benefit and is n't worried about building cash value . You can guarantee benefits up to age 121 -LRB- with most companies -RRB- - these policies can be structured to dial down the death benefit to a specific age as well -LRB- e.g. to age 90 , 95 , 100 , 105 , etc. -RRB- , which can reduce your premium by a good margin . Whole life insurance is a great vehicle for planning for the future . The premiums and death benefit remain fixed and guaranteed for life while the policy can build cash value at a great rate - this structure is known as a non-participating whole life policy . The other type is called participating whole life policy . Participating WL policies can pay out dividends which can be used in several ways : 1 -RRB- Decrease the premium - the premium would eventually hit $ 0 at some point and the policy would , in essence , be self-sustaining meaning the dividend is equal to or greater than the premium for the program -LRB- if greater , the difference can be used to increase the cash value or increase the death benefit -RRB- 2 -RRB- Purchasing paid-up additions - these additions increase the face amount of the policy 3 -RRB- Increase the cash value at a faster rate While whole life has many advantages , it is also the most expensive form of life insurance . Whole life features level premiums and death benefits and builds cash value at a faster rate than Universal life policies - the trade off between is that to increase the cash value faster , the premiums will be substantially higher -LRB- can often be 2-3x the premiums of guaranteed universal life policies on many occasions -RRB- . Please note , regardless of the permanent coverage type , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , guaranteed Universal life policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: Universal life insurance has two main types : guaranteed universal life and current assumption universal life . Current assumption universal life has two sets of rates , i.e. current company practice and contractual guaranteed rates . It also has three crediting methods : interest rate , indices and separate sub accounts using equities and bonds investments . Participating whole life insurance has guaranteed rates with the potential to return unused premium to the policy owner called non-guaranteed dividends which are declared by the board of director of the insurance company .


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: Heres a simple model for you . I am sure you know about term insurance . This is a product designed to give you the absolutely lowest premium for a certain amount of time . The premium and death benefit could be guaranteed from 10 to 30 years . No cash will be accumulated for your use . -LRB- Of course , that is one big reason why the premium is so low -RRB- . The problem we all face with term insurance is that once the guarantee period is over , the price typically skyrockets . I have actually see the premium increase tenfold at the time of renewal ! Now lets suppose that you could have something that would act like permanent term insurance . The premium would be as low as can possibly be . No cash would be accumulated . But the price would never go up . You would have , in essence , a lifetime guarantee . That , my friend , is called guaranteed universal life insurance . Whole life insurance is very similar . Guaranteed premium . Guaranteed death benefit . Lifelong coverage . The big difference is that whole life insurance also emphasizes cash accumulation . It provides very strong guarantees on the cash . So it costs a lot more than guaranteed universal life insurance . It should be noted that providing a lifetime guarantee is only one of a variety of uses for universal life insurance . It is a flexible product and can be designed to accumulate cash as well . It can also be designed to accommodate a variety of premium payments . But when the financial planning objective is to secure a lifetime coverage at the lowest possible guaranteed cost , there is no better product .


Input: What Is Universal Life Insurance Vs. Whole Life?

Output: That is a great question ! Both whole life and universal life insurance policies are cash value building life long policies . Whole life is simple , you pay a set premium every month , and the policy lasts as long as you do , as long as you keep making payments . The death benefit is specifically stated . A universal life policy is not quite so simple . These policies are often marketed with promises of great value growth , and perhaps not so clearly explaining the risks or the things that have to happen to get that great gain . These policies are typically only guaranteed to last 20 years . The payments are given to you in a range , and can vary even from that range . The amounts paid in , the performance of the invested funds , and the cost of the insurance will dictate how long the policy stays in effect , and whether there is growth . I guess a good way to describe it to you is that if you were looking for a policy that you could buy , make payments on and forget about , buy a whole life policy . If you want a policy that could have great gains , that you can watch the performance of , and change the payments of , then buy a UL policy . I hope that helps , thanks for asking !


Input: Which Is The Best Disability Insurance?

Output: There are many fine disability companies with competitive pricing and consumer centric policy provisions that provide protection in times of sickness and injury . The market can be segmented into categories to reflect notable areas of own occ , additional policy riders and disability definitions . However , The Standard is one of the leading disability insurance companies in the US .


Input: Is Whole Term Life Insurance Worth It?

Output: I think you may be confused , there aretwo different types of life insurance . Whole life insurance is a cash valued life insurance designed to last your `` whole life '' . Term life insurance is a temporary life insurance meant to insurance a debt or income for a specific period of time . Term life can be purchased in years of 5-10-15-20-25-30-35 years to create an instant estate and is known for it 's cheaper premiums than it 's whole life counterpart .


Input: Is Whole Term Life Insurance Worth It?

Output: Whole Life Insurance is coverage that lasts for your whole life . Term Life Insurance provides protection for a term , or set number of years . Whole Life and Term Life Insurance are two completely different types of life insurance policies . Which one is worth it depends on the type of coverage you need .


Input: Is Whole Term Life Insurance Worth It?

Output: That is an interesting question ! You have included two different types of life insurance in one title . The literal name of your policy means `` complete length '' of the policy . In a term policy , keeping it for the entire term may or may not be worth it , depending upon why you purchased the policy . If it was to cover a debt for an expected 5 years , and you paid the debt in 3 , it 's not worth paying the extra two years for nothing . A whole life policy is definitely worth paying out to the end , as the end is your passing , and that is what triggers the payment to your beneficiary . I hope that helps , thanks for asking !


Input: How To Set Up Health Insurance For Employees?

Output: The size of the group will dictate which type of health insurance plan is best for the company and all employees . If the business has 50 or less full-time employees a defined contribution -LRB- DC -RRB- plan will give the employer the lowest cost and afford the employees with the highest level of flexibility and options . The defined contribution plan allows employees to use subsidized moneys to purchase their own individual insurance . To learn more about starting a group plan -LRB- or dropping one -RRB- visit www.clminsure.com


Input: Why Is Renters Insurance So High?

Output: Renters insurance in most locations is fairly inexpensive . Premiums for a renters insurance policy for an apartment will typically be lower than for a single family home . Based on my experience within my geographic location I have seen a renters insurance policy have a premium as little as about ten dollars per month .


Input: Does My Health Insurance Cover A Breast Pump?

Output: Prior to January 1 , 2013 the most likely answer to your question would have been no . Though , in group health insurance there might have been contracts , especially for some self-insured groups , where coverage for a breast pump might have been covered . One of the earlier provisions of the Affordable Care Act does require coverage for lactation services of which a breast pump is certainly a part of and therefore is technically covered . The law however does not specify any particular types or models of breast pumps that must be covered so the consumer should be aware that availability of breast pumps and the types and models that are covered will vary from one insurance carrier to another depending upon their internal policies regarding such durable medical equipment items . I advise that you check with your insurance carrier regarding their specific benefits for this service as they will probably have preferred vendors that they will want their members to purchase or rent these devices from and they will be able to inform you as to specifically what types or models of devices your policy with them will cover . Going out and buying a breast pump and then just filing a claim with your insurance carrier might result in a denial of the claim or a reduced level of coverage if your purchase was not within their guidelines .


Input: Does Homeowners Insurance Cover Central Air?

Output: If the air conditioner is damaged by a covered peril then it may be covered under your homeowners insurance . If it simply breaks down then it is not . For example , lightning strikes your air conditioner , a tree falls on it , a fire destroys it , there is coverage . Your child decides to put a stick in the running fan and damages it or it simply stops working due to age or normal wear and tear , there is no coverage .


Input: What The Difference Between A Pension Plan And A Retirement Plan?

Output: Defined benefit plans are more costly for employers than defined contribution plans . Defined benefit plans are quickly going the way of the dodo . Many defined benefit plans are based on employer contributions . But you make the contributions into a defined contribution plan like a 401 -LRB- k -RRB- or a 403 -LRB- b -RRB- . Keep in mind that there are also non-qualified retirement plans that may utilize life insurance and or annuities .


Input: Why Are Insurance Companies Against Healthcare Reform?

Output: I have not heard or read anything about insurance companies begin against healthcare reform . And why would they be ? If you 're selling a product , and it becomes law that everybody must own that product , would you complain ? Additionally , since there is so much unknown risk behind offering guaranteed issue coverage , without knowing how many `` young and healthy '' people will apply , the government is guaranteeing to `` bail out '' insurance companies if they face huge losses .


Input: When Do I Need Long Term Disability Insurance?

Output: NOW ... hehehe . You ca n't get DI soon enough . Yet the question can be changed to , `` Will I qualify for DI & should I consider additional options ? '' Will you qualify >> Di underwriting is pretty messy . Where you work , how long you 've been there , what you DO , what you make , your health , your lifestyle , & much more will determine the carrier you should apply with , what benefit length & amount you 'll receive , & what `` health tier '' you 'll receive . Although there is a LOT to gather for a disability quote , an experience , independent agent should make it a smooth process . I Might just know one ! Additional Options >> > simply said , the reason for buying a DI plan is to replace lost income if you are not able to work . Yet allow me to point out a issues that stump the DI process : What if you do n't `` earn an income ? Such as a stay at home parent . Maybe you just entered the work force or started a completely different career & you have no `` income history '' . Lower income earners face the challenge that most DI plans only replace up to 60 % of their income while out on a claim . They 're already having a rough time making ends meet ... & now the income is down 40 % ??? OUCH . `` So Gravy . What can we do in addition to or instead of DI ? '' ... Great question . Thanks for asking :--RRB- DI is a great foundation for anyone who earns an income . Yet consider other protection plans in addition to , or instead of , a standalone DI Plan . > Critical Illness : Receive a single payment of $ 5,000 , $ 10,000 , $ 50,000 , or as much as $ 500,000 upon DIAGNOSIS of a specified disease or condition . Fantastic protection for everyone ... Yet in this post , Low/No income wage earners should definitely consider this . > Hybrid / Living Benefits Life insurance : There are various life products that have either rides or acceleration of benefits for Disability & / or Critical Illness . As an example , I have a client that is young , modest income , & decided that a single plan with life , disability , & critical illness benefits . She 's hedged her bets with a single policy that covers multiple areas . When to buy & what is the best disability plan ??? Your specific situation will determine that . When you speak to an agent , I hope ALL your options are discussed .


Input: When Do I Need Long Term Disability Insurance?

Output: Depending on your health , age and occupation , the time to get DI can vary.But for almost everyone , the sooner you can get it , the better . The younger you are , the cheaper your policy will be.Also , illness and injury can strike at any time and at any age , so if youre healthy now , its better to purchase DI coverage before you have the chance to become unhealthy.If youre concerned that your income will grow in the future , you can add a rider to your policy that will allow you to add more coverage at a later date , or you can buy more DI when the time comes .


Input: Is Short Term Disability Covered Under FMLA?

Output: Short term disability and FMLA are two distinct entities , although both may apply when an employee needs to take leave . Short term disability is an insurance program that replaces a portion of income when an employee is unable to work due to a covered accident or illness . Five states have mandatory programs , some employers pay premiums on behalf of employees , and many employees purchase policies at work and pay through a payroll deduction . FMLA is a federal law which provides unpaid job protected leave for an employees own disability , or when leaving work to care for a sick family member .


Input: How To Set Up Homeowners Insurance?

Output: I believe that the best way to start is by talking with your Insurance Professional . You will need to provide the property location of course , but also some additional basic information . Things like the year of construction and type of home -LRB- Ranch , Colonial , Contemporary , for example -RRB- . Additional information like the size and style of the home , for example , is it standard construction or custom ? Is the home alarmed and are their special features like a finished basement , fire places , or special fixtures like a jacuzzi tub or sauna as examples . Let your Insurance Professional know also if you know of any recent upgrades to things like electrical , plumbing or heating/air conditioning systems or if a new roof has recently been put on as these may earn discounts if the home is older .


Input: How To Set Up Homeowners Insurance?

Output: Trained insurance agents are experts in setting up homeowners insurance . If you dont know an insurance agent , get recommendations from friends , colleagues or neighbors . Normally , your lender will dictate the amount of coverage required for your mortgage . The insurance companies will want an estimate of the cost to replace the residence . These indications will help the agent set the appropriate limit for the property portion of the policy . I recommend that you accept the highest possible liability limit because a lawsuit could easily bankrupt a family .


Input: Which Variable Annuities Are The Best?

Output: All annuity product lines policy expenses and provisions . After the market meltdown of 2008 , many investment products reconfigured their policy provisions and crediting rates to income riders . Since then there has been no one company or contract that has emerged as best or dominant . Product suitability determines what 's in the best interest of the product purchaser by establishing a personal financial profile with a risk assessment analysis to assist in product selection .


Input: How Much Do Annuities Pay Out?

Output: What annuities pay out depends on what you paid into them , how much they earned while in the accumulation phase , how long you want the payments to last . It also depends on whether you have a fixed annuity that has a guaranteed interest rate , or if you purchased a variable annuity for which the gain depends on the market gains or losses .


Input: About How Much Life Insurance Does Someone Need?

Output: It depends on your individual situation . Everyone is different so there is no single answer to that question . I usually recommend enough to pay final expenses . The national average right now is between $ 5000 and $ 15000 . My recommendation for final expenses would be at least $ 25000 to help allow for inflation . There are a lot of factors to consider , debt , family situation , and a variety of other factors . Sit down with a good experienced independent agent . A good agent will help you find an affordable solution to your goals and needs .


Input: About How Much Life Insurance Does Someone Need?

Output: The biggest factor influencing life insurance need is income and how much of that income needs to be replaced . For example , if someone is making $ 100k , they are probably bringing home about $ 5-6k / month , which is what needs to be replaced . You can initially use a multiple of salary to get a rough estimate . 8-10X income is a good rule of thumb , depending on their age and income level . In other words , if someone is young and they have kids and the wife is home , and cash flow is tight , they are probably going to need 12X income . If their income is higher , and/or they are older , then it is probably closer to 8X income . Capitalizing their monthly take home pay , if that is what it takes to run the house hold gives you the most accurate estimate.Using the example above , if they are taking home $ 5k/month , that is $ 60k/year . If you divide that number by 5 % , you get a pretty accurate figure of $ 1.2 million , which happens to be 12X income .


Input: Does A Car Alarm Lower Insurance?

Output: It is common for insurers to promote significant discounts for car insurance alarms but the reality is the credit applies to a small portion of your coverage -LRB- comprehensive -RRB- . On an annual basis , the credit may be only $ 15-25 . For certain models considered a high theft risk , insurers may require an alarm before they will even consider providing coverage . In return for the credit , make sure you are not accepting a warranty which voids coverage if your alarm is not activated when your car is left unattended .


Input: Does A Car Alarm Lower Insurance?

Output: A car alarm will reduce your auto insurance rates . Depending on the type of alarm -LRB- passive , active , etc. . . -RRB- the discount is likely to be approximately 5 % -25 % , depending on the carrier . Also , the discount may not apply to the entire premium . Get ALL of the discounts you are entitled to by working with an experienced car insurance broker . No charges or fees !


Input: How Does Flexible Premium Adjustable Life Insurance Work?

Output: Five easy steps : 1 . Pick a face amount . 2 . Pick a premium to pay . 3 . Pick a period for which you need coverage . 4 . Meditate a bit on this : these three elements are interconnected . If you alter one , it will affect the others . For example , if you reduce the amount you pay , you could reduce both the face amount , and the period for which the coverage is guaranteed . 5 . Go ahead and live your life . Its a product that can be manipulated as your life circumstances change . But make sure you consult with your representative every time you want to make a change in the policy . Make informed decisions .


Input: How Does Flexible Premium Adjustable Life Insurance Work?

Output: Permanent insurance has two elements , cash value , and mortality cost . Flexible premium policies do not provide the standard guarantees contained in a whole life policy , rather they allow you the flexibility of determining your contributions to the plan and even flexibility in determining the face amount . They do this by taking the whole life policy apart and having a special fund develop the cash value . The company has passed to you the risk of making sure that the policy lasts as long as you do .


Input: How Does Flexible Premium Adjustable Life Insurance Work?

Output: Commonly known as Universal life insurance , this is a type of permanent life insurance program that helps you to maximize your death benefit and minimize your premium for your permanent life insurance coverage . The emphasis of the coverage is placed on the death benefit -LRB- as opposed to the cash value like in whole life insurance -RRB- allowing you to optimize your dollars . Flexible premium programs allow you to pay more or less than the regular monthly premium . Doing so , however , can affect the guarantees inside of the policy . With any permanent program -LRB- with the exception of certain participating whole life policies -RRB- , the carrier takes back any cash value remaining in the policy upon the death of the insured and pays out the death benefit proceeds -LRB- the face amount of the policy -RRB- . If you 're buying permanent coverage for the sole purpose of the death benefit , you want to look at buying a GUARANTEED Universal Life policy -LRB- GUL -RRB- . These policies can be structured to keep the premiums remaining fixed and guaranteed for life -LRB- or guarantee them up to a specified age - e.g. 90 , 95 , 100 , or up to 121 -RRB- . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Is Car Insurance Based On?

Output: Car insurance rates -LRB- I assume that is what is meant by the extremelyeloquentquestion -RRB- , are based on may variables , including your motor vehicle report , the type of car/truck you drive , where you live and the type of coverage you want . And yes , credit can factor into theequation . Quite confusing ! That 's why most consumers allow a seasoned broker to do the shopping for them !


Input: How Much Does The Average Person Spend On Life Insurance?

Output: There are too many variables that need to be factored into the equation to determine the cost of life insurance for any one person : Gender , smoking status , health , family history , recreational activity , driving record , substance abuse and prescriptions to name a few .


Input: How Much Does The Average Person Spend On Life Insurance?

Output: There really is not a suitable answer to this question since the amounts will greatly vary . For example , there are consumers who have no life insurance and therefore spend no money ! Perhaps they will never die . And there are consumers with large estates and estate tax concerns that will spend tens of thousands of dollars per month . What should you pay ? It depends on your specific financial situation ... both your need and budget . An experienced broker will help you find the best solution .


Input: Which Health Insurance Is Right For Me?

Output: The health insurance plan that is right for you depends on your needs and budget - this is different for everyone . There are four main benefit levels of coverage - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or were fired , you lose the coverage . An individual plan will stay with you wherever you go . Because everyone 's needs and budgets are different as well as the plan types available to them , you should consult with an experienced health insurance broker about your specific situation so you can review and discuss the available options . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: How To Get Health Insurance To Pay For Dental Implants?

Output: Health insurance does not cover dental implants unless there is an accident and severe damage to teeth . Dental insurance may cover implants , however , dental insurance is limited to a fixed dollar amount each year . For example the most common dental insurance pays a maximum of $ 1,500 in benefits a year and only 50 % of major work . If the dental policy covers inplants it may pay 50 % of one or two in a year .


Input: What Happens To My Insurance When I Sell My Car?

Output: If you purchased another car just call your agent and have the insurance transferred to the new car . Otherwise if you sold your car and are not planning on driving , then cancel the insurance . The insurance company will return any unused premium . Obviously you can not insure a car that you no longer have . If you are planning on driving you need to talk to your agent about getting liability coverage or in many states you will lose your license for driving without insurance , even though you do not own a car . Liability protects you from law suit in the event of an accident and has very little to do with vehicle ownership .


Input: How Does Short Term Health Insurance Work?

Output: Short term medical insurance provides benefits to the insured for specified period of time . Here are a few things to note about Short Term medical coverage : Term is 1-12 months Pre exisitng conditions are not covered . Typically catastrophic coverage in nature . Must be in the US . Can not be currently pregnant . Short term in an excellent solution for people inbetween jobs , recent graduates , an alternative to COBRA or for those that can not afford 2014 reform rates . Please click the `` Contact Me '' button on the left or run a personalized short term medical quote at : WEBSITELINK Also , you can call me anytime at : 561-320-2978


Input: Is Long Term Care Insurance Good?

Output: Long Term Care Insurance can be a very good purchase if someone eventually needs long term care . It can allow the insured person to receive care at home , if they have the type of policy that will pay the insured person when triggers are met . If relatives want to help care for the person needing long term care , this money can be used to pay them for their efforts . All this helps the insured person and their family have a more positive experience in a difficult situation .


Input: Can An Epileptic Get Life Insurance?

Output: If you are able to work and live a normal life with your epilepsy , you can usually get a medically underwritten policy rated Standard or better . If you have had any seizures in the past year , or if you have a history of serious or frequent seizures , you may need to get a simplified issue policy . In any event , there is usually a policy for persons with epilepsy . You may have to shop around to find an agent who understands epileptic life insurance so that you can get your best possible . price .


Input: Can An Epileptic Get Life Insurance?

Output: In generally terms , the answer is yes if you fit the underwriting profile in relation to the form of epilepsy , the medication and frequency of occurrences . Identifying the form of epilepsy is a good beginning in the underwriting discovery process : Idiopathic , Grand Mal , Petit Mal , Symptomatic and Focal .


Input: What Is The Most You Can Put In A Roth IRA?

Output: The most that you can contribute to a Roth IRA is $ 5,500 per year or $ 6,500 per year if you are age 50 and older . If you have funds that are qualified for a roll-over to a Roth IRA there isnt a limit to that transaction . The Roth option is increasingly popular as people are apprehensive about lower tax rates in the future .


Input: What Type Of Disability Insurance Should I Get?

Output: If you have to make a choice between long term disability insurance and short term disability insurance , most people will pick long term disability insurance . More companies offer long term disability insurance , so their premiums are more competitive . Also , most people can financially survive a short time off of work , but would be in trouble if they were to become disabled for a longer period . Long term disability insurance can cover you from a couple of years to retirement age . In my opinion , long term disability insurance is the type you should get .


Input: What Type Of Disability Insurance Should I Get?

Output: I 'd like to add to my answer and confirm it as I have been out on Disability claim for a long while now . I am recovering from an amputation from a super infection that could not be cured with medications , so amputation became the best choice ... Let me confirm , definition is everything and when you consider a disability policy , make sure you include residual or partial disability clauses in your policy . My situation did n't start out as total disability but worked it 's way towards it . I will be honest , there is a lot of paperwork with filing a claim , but once it gets established , it gets a bit easier to deal with . Honestly , definition is everything .


Input: What Type Of Disability Insurance Should I Get?

Output: What type of disability insurance should I get ? The one that provides you the best definiton of disability that you can afford . Disability insurance is all about the definition of what is a `` disability '' . What you 'll find is the best disability plans have the fewest words in describing what disability is . Without a solid definition , you have a policy you pay for , that does n't pay you back when you have a claim .


Input: What Is A Life Insurance Certificate?

Output: A life insurance certificate is a certificate of insurance saying that a policy was purchased , and that outlines the basic provisions of the policy . When you are enrolled in a group policy , you may be given a life insurance certificate . You may need to order a certificate of insurance to prove to a lender or other entity that you have that coverage . For your own individual life insurance , having a copy of the policy is sufficient and preferable .


Input: How Does A Life Insurance Company Know You Died?

Output: Usually a company is notified of the death of a policyholder by the insured 's beneficiaries . The beneficiary notifies the company and the company sends the beneficiary the necessary forms to complete . The beneficiary sends the completed form to the company along with a certified copy of the death certificate . They may also send in a newspaper death notice or obituary to get things started on the claim .


Input: How Does A Life Insurance Company Know You Died?

Output: Your beneficiary will be owed money from the insurance company . That is usually motivation enough for the beneficiary to file a claim form . The first notification usually comes from a funeral director . He will request claim forms from the insurance company . A few companies will actually pay the claim just from the funeral directors notification . But most will require a certified death certificate first .


Input: How Does A Life Insurance Company Know You Died?

Output: Your primary beneficiary will have to contact the agent or life insurance company to make a death claim . This usually consists of filling out a few forms and providing a certified copy of the death certificate . Once the life insurance company has these documents , everything should process within a couple of weeks depending on the carrier and the benefit check will be cut and paid tax free in most cases .


Input: Will Medicare Pay For Wheelchair Ramp?

Output: Unfortunately , Medicare does not pay for a wheelchair ramp . In order to find assistance in paying for construction of a wheelchair ramp , you could contact your local hospital , church , service groups , or Veterans Administration to see if there are contributions available that could be put toward this worthwhile cause .


Input: Does Insurance Cover Someone Keying Your Car?

Output: If by keying you mean scratching the exterior of your car using a key , the answer depends upon the coverage on the policy . If there is comprehensive coverage , the vandalism would be covered subject to the stated deductible . When you file a claim the company will direct you to either secure a quote to repair the damage or ask you to take the car to a specific repair station . Once the cost of repair is fixed they will pay you and the repair shop the agreed upon amount minus the deductible .


Input: How To Get State Health Insurance In Ohio?

Output: As an experienced Ohio health insurance broker since 1980 , I 'll try to help . If you are referring to Medicaid , your household income determines your eligibility . If you meet specific income guidelines , you will qualify , and of course , the cost will be nominal , if anything at all . You may also qualify for a large federal subsidy of your income is over the threshold for Medicaid eligibility . In that situation , you would be able to obtain comprehensive health insurance from a major company at a very low rate . Below is a chart that provides income levels for Medicaid eligibility : WEBSITELINK


Input: Why Is Car Insurance Higher For Unemployed?

Output: I have to be honest with you , I have been serving the insurance needs of the folks of Connecticut since 1985 , and I can not recall every seeing a situation where someone 's car insurance was higher due to their employment status . There are any number of factors that can effect the premium that we pay including driving record , type of vehicle , vehicle usage and where we may live , accident history and credit score to name a few . But I have not seen a situation where someone was paying more because they were unemployed or less because they were working . Frankly , I am not sure how an insurance company could justify that from their statistics .


Input: Why Is Car Insurance Higher For Unemployed?

Output: In California employment is not a rating or underwriting factor . However , in some states the insurance company has been able to demonstrate that unemployment leads to different claim patterns . If they can convince the state insurance commissioner , they might be able to use that factor in determining premiums or in declining business .


Input: Can People With Lupus Get Life Insurance?

Output: Life insurance underwriting protocols are different from company to company when it comes to Lupus . Most underwriters are looking to see what precautions or ongoing management of the disease the patent is performing , cited in the attending physicians statements . Common underwriting points of interest are the age of diagnosis , Course of the disease , the degree of control , treatment regimen and ancillary medical conditions , even smoking status . Depending upon your specific situation , you may be a candidate for life insurance .


Input: Can People With Lupus Get Life Insurance?

Output: The common rating I have found for persons with mild lupus is Standard . If lupus has been in remission for many years , the rating might be as good as Preferred . If there has been a recent flare up , if labs are abnormal or your lupus has a poor history of control , or if it has attacked some organs , there may be a need to use a simplified issue policy . Still , there is usually life insurance available for all types and severity of lupus .


Input: Will Homeowners Insurance Cover A Broken TV?

Output: It may , if the tv was broken due to a covered lss . A typical homeowners policy will include coverage for personal items . This coverage is typically liimited and is less the policy deductibles . Please remember every policy is different . Read your policy completely to understand the coverage provided and exclusions that their may be or contact your local agent to have them go over the policy with you .


Input: Does Renters Insurance Cover Locksmith?

Output: An insurance policy pays for damages . If there isnt damage then there isnt a source of a claim . If theft has taken place and the thief had a key to the residence there are provisions that would tend to exclude a claim . I have had a claim where a former resident entered the residence and robbed it . That claim was covered . I dont believe that rekeying the premises was included in the settlement .


Input: Will Homeowners Insurance Cover Termites?

Output: Nope . A very common exclusion is damage caused by pests/parasites . The reason for this exclusion is it is preventable . Taking a step back , insurance is meant to provide coverage for sudden and unexpected events that can cause a catastrophic loss . If something can be prevented then there is typically no coverage . Termites fall into the category of being preventable .


Input: Can A Canadian Get American Car Insurance?

Output: probably , but it would depend on the situation . If the primary use of the car is in the US , you should be able to find an insurance company that will accept and international driver 's license . If the vehicles is primarily driven in Canada , then you would need to get Canadian insurance . Either way the policies should cover you in both countries , but with currency conversion sometimes the number 's get complicated !


Input: How To Get Health Insurance Just For Kids?

Output: Ordinarily you would need at leastone parent or guardian on a policy with children . There are some exceptions such as state sponsored programs for children only . For instance Illinois has a program called All Kids that provides health insurance to low income families without health insurance . Parents may qualify for similar programs too .


Input: How To Get Health Insurance Just For Kids?

Output: Children can be covered under a family plan but the parents have to be on those plans . Some states offer coverae for children but there must be a financial or economic reason for the childs inclusion . The best way to cover children with health insurance is to place insurance on the parents or legal guardians and extend it to the chidren .


Input: Will Medicare Pay For An Air Purifier?

Output: According to the Centers for Medicare and Medicaid Services , air purifiers are not covered by Medicare . They are listed as follows : Air Cleaners - Deny - environmental and control equipment ; not primarily medical in nature -LRB- 1861 -LRB- n -RRB- of the Act -RRB- However , some air purifier websites state that it may be possible to get reimbursement for their air purifiers by Medicare if you submit the doctor 's order prescribing it . You can try it , but I would not count on it when making your purchase .


Input: What Does Apartment Renters Insurance Cover?

Output: The insurance is known as a tenants policy . It has two major parts . The first is coverage for your personal property . Your landlord is not responsible for losses that occur on his premises to your personal property . You need to have independent coverage for that -LRB- furniture , clothes etc. -RRB- The second is liability . You can be sued if someone entering your apartment is injured . A lawsuit can bankrupt you .


Input: How Does A Renters Insurance Claim Work?

Output: If you are sued or someone threatens to sue you , notify your agent or call the toll free number listed in your renters policy . If you realize that you have suffered a loss of personal property contact your insurance agent and discuss the potential effect of the claim on future premiums and the amount that you can reasonably expect to recover from the claim . Then notify the claims department . The claims department will take statements and may send someone to look at the loss . They will adjust the claim as quickly as possible .


Input: How To Set Up Retirement Plan For Small Business?

Output: The first consideration : Will the mandatory implementation of Obamacare price you out of offering or funding a retirement plan ? The second consideration : should the retirement plan be qualified or non-qualified ? The size of your business and the cost of the plan are determining factors .


Input: Can Health Insurance Companies Legally Cancel You With No Explanation?

Output: This is probably one of the worst times in our economic history to be insured on an individual health insurance plan . The Affordable Care Act -LRB- ACA , aka Obamacare -RRB- is making it difficult to many health insurance plans to continue offering coverage . This is due in part to the host of new coverage mandates that some carriers do not think they can afford to offer . In some others , the carrier could not rewrite the language to suit the new law and so they are scrapping them . In other instances the coverage of the plan does not meet the requirement of the law and so the company chooses to leave the marketplace . Every state has a law on how a carrier must treat a customer when non-renewal occurs . If you are sure you have n't received such a notification as to `` reason '' , contact the carrier or your state insurance department and request an answer as to why you are receiving the notification . Also , make sure the payment was made and credited so that you can rule non-payment off the list right away before contacting the state insurance regulatory authority .


Input: Can Health Insurance Companies Legally Cancel You With No Explanation?

Output: That is a great question ! Legally , you should have received some sort of notice that your coverage was being terminated . Is it possible that you may have dismissed a letter from them as junk mail , and missed it ? Either way , they need to have a valid reason for dropping your coverage , and you have a right to know what their reason is . It may be that they have withdrawn from your market , or no longer offer the plan that you were on ; it may be an administrative error -LRB- I 've seen plenty of those over the years -RRB- ; it may be a mistake on your part that you may not be aware of . I 'd recommend that you contact them and find out . Being dropped from your coverage does not mean that you 're out of luck , losing your coverage is a qualifying event for late enrollment in another plan . Head over to the www.healthcare.gov website -LRB- Affordable Care Act , aka Obamacare -RRB- and see if there may be a plan that might be cheaper for you . Who knows , maybe this is a blessing ... Good luck , and thank you for asking !


Input: Can Health Insurance Companies Legally Cancel You With No Explanation?

Output: Under no circumstances can they term you without a reason . The reasons are also limited as to why the can term you . They can not kick you off the plan due to health conditions you acquired while you had the plan . When you hear rumors of people getting kicked off their plan because they became sick , they are just that , rumors . Failure to pay premium , plan discontinuation , employer dropping the plan , moving out of the plans service area are the main reasons a person would lose their coverage . They can not cancel insurance because someone has been incurring a high number of claims . I would suggest there must be some type of error with your cancellation . You should call the insurance company and ask them why they have termed you . They will have an answer whether it is legit or not is a different story but if they have termed you due to some error , you will be able to get reinstated .


Input: Can Health Insurance Companies Legally Cancel You With No Explanation?

Output: Typically , a health insurer must have a valid reason to terminate your policy . Some of the most common reasons are the discontinuation of the plan , non-grandfathering a specific policy , or if the carrier is no longer offering plans in that area , or the entire state . Of course , submission of fraudulent claims or misrepresentation of information can also cause a plan to terminate . If your policy was canceled `` without explanation , '' simply contact the carrier and ask why the plan was terminated , were you notified in writing , and can it be reinstated . There should be a valid reason . NOTE : An experienced broker is generally considered a better choice than healthcare.gov when comparing options and seeking unbiased and experienced advice . IMPORTANT : Answer was provided by Edward Harris , one of the leading US health insurance brokers with more than 35 years of experience . His top-rated website Healthinsurancezoom.com provides consumers with the lowest available rates from the most reputable companies .


Input: Why Have Short Term Disability Insurance?

Output: Most advisers desire their clients to have long term disability insurance . But financial circumstances may not permit . But before your go shopping for short term disability , check with your employer sponsored group benefit plan , which generally includes short term disability at no cost to the employee . Mutual of Omaha is a leading carrier for short term disability insurance .


Input: Why Do Men Pay More For Auto Insurance?

Output: That is a question for the actuaries that work behind the scenes with the insurance companies that help this companies develop their pricing tables . I have always been told that men are more likely to take greater risk -LRB- like speeding , stunt driving , among other things -RRB- when it comes to driving .


Input: When Should I Make A Homeowners Insurance Claim?

Output: That is a decision that only you can make . I would personally say , file a homeowners claim when you feel that the amount of damage done to the home by a covered incident is more than you can comfortably bare and the claim amount would be beyond the amount of your policy deductible .


Input: When Should I Make A Homeowners Insurance Claim?

Output: Let me differentiate between a liability claim and a property claim . If you are sued , notify the claims office of the insurance company immediately . Do not sign any papers and do not make any statements to agents of the individual or company suing you . Never hesitate to submit a liability claim . If your home is uninhabitable because of a covered loss such as fire or lightning call the insurance company claims office immediately . If you are the victim of a disaster , call the claims office immediately . Many insurance companies have mobile claims operations that are dispatched to help victims of disasters . Any damage to your home is a big deal . However , if the damage is not more than two times your deductible , and it pays to know your deductible , call your agent first . Property insurance policies have varying features that can either reduce the deductible or reduce the premium if your policy is claims free . Sometimes a little pencil work will show that it is better to forgo the claim as the reductions you receive for being claims free could be greater than the amount you would recover . If there is water damage and you can not reach your agent quickly enough contact the claims office because water damage only gets worse ! Often a quick responding water mitigation team can reduce and almost eliminate the loss .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance pays a lump sum of cash to the beneficiary of the life insurance policy upon the death of the insured . Critical Illness Insurance pays a lump sum to the beneficiary of the critical illness policy upon the diagnosis of an illness specified in the policy , such as heart attack , cancer , or stroke .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance pay your beneficiary when you die . Critical Illness pays too , but only if you die from a specifically listed disease or ailment . Thus Critical Illness is far more limited as to when or if it will pay your beneficiary . Usually Life Insurance is a far better and wiser choice for you to make . Unless your family has a very strong history of dying from a specific disease and you also can get a far cheaper rate for that limited coverage , go with the regular life . Thank you . GARY LANE .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance covers you in the event of death . Critical illness covers you while you are alive , providing cash to care for the extra expenses involved with a critical illness . Some life insurance policies offer a critical illness rider that will pay a portion of the death benefit while you are still alive . if you are diagnosed with a critical illness


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance is a mortality insurance product . Critical illness insurance is a morbidity insurance product . Life insurance pays a death claim in the event of the demise of the policy insured and critical illness pays a stated amount for a major sickness . There are life insurance policies that offer critical illness riders -LRB- and other riders -RRB- , some of which are embedded free of charge and some that are additional costs to the policy owner .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance pays your beneficiary if you die . Critical illness insurance pays you if you have a need for extended care due to a sickness . And some life insurance policies offer critical illness riders that cover both . Its important to weigh the difference in benefit language with a standalone critical illness policy or a rider with a life insurance policy .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: The difference between life insurance and critical illness insurance is that the life insurance pays the benefit upon the death of the insured person , whereas the critical illness insurance pays the benefit when the insured is diagnosed with a critical illness . The life insurance benefit goes to the beneficiary chosen by the owner of the policy . The critical illness insurance benefit goes to the person who owns the policy .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: Life insurance is mostly used to provide a death benefit . A specified lump sum is payable on the death of the insured . Some life insurance policies have `` living '' benefits including cash value and accelerated death benefits . Some life insurance plans also will have a critical illness rider . A pure critical illness policy pays a lump sum on first diagnosis of a `` dread disease '' .


Input: What Is The Difference Between Life Insurance And Critical Illness?

Output: The difference between life insurance and critical illness is that life insurance pays in the event of an unfortunate mishap upon the life of the policyholder . Life insurance pays an accelerated benefits upon the event of terminal illness in order to pay for medical bills including a waiver of premium for the time . Critical illness is a cash indemnity policy that pays cash benefits in lump sum tax free . Heart attack , stroke , kidney failure , and cancer are all covered . Lump sum payments are from 20,000 to 1,000,000 depending on company and policy .


Input: When Should I Apply For Medicare Benefits?

Output: When you are eligible at age 65 you will automatically be enrolled , you do not usually have to apply . The initial enrollment period would be three months before , the month of , and three months after your 65th birthday or if disabled , your medicare eligibility date . If you do not receive your Medicare card by your 65th birthday call your local Social Security office or 1-800-MEDICARE .


Input: Does Hipaa Apply To Life Insurance?

Output: Does HIPAA apply to life insurance ? Yes , HIPAA applies to the life insurance process in the form of a medical information release the applicant signs off on that acts as a HIPAA document that is presented to doctor 's offices and hospitals and other medical information resources to gather health history on the applicant .


Input: Does Hipaa Apply To Life Insurance?

Output: HIPAA applies to life insurance in that the medical information you share on the application , the results of your paramed exam , and any medical records that are ordered are kept private from anyone except the agency that orders them and the life insurance company that reviews them . Your information is never shared . The Medical Information Bureau does put a code on your MIB to represent any existing health conditions that showed up as a result of your applying for Life Insurance . This is to help prevent multiple fraudulent applications by those who are attempting to use Life Insurance for illegal purposes .


Input: Does Private Health Insurance Cover Varicose Veins?

Output: Private health insurance is not going to cover elective surgeries that are done for cosmetic reasons . It will cover this same surgery if the doctor orders it for a health reason though . You should discuss this with your Heath insurance company or your agent if you are uncertain about it .


Input: Why Do Life Insurance Premiums Increase With Age?

Output: The reason that life insurance premiums go up with age is because mortality rates go up the longer someone lives . When someone buys a 10 year term life insurance policy at age 20 , the rates will not be much higher than at age 30 , because the death rate for 30-40 year old persons does not vary much . However , the rates for a 10 year term policy will be much higher for a 60 year old person than a 50 year old person , because mortality rates go up a lot between ages 60-70 , especially for men .


Input: Is Universal Life Insurance The Same As Term Life Insurance?

Output: Universal life is a permanent form of life insurance . That is , the policy is designed to last a lifetime . Term insurance is temporary insurance and provides a death benefit only when the death occurs during the period of the policy . The universal life is a flexible payment policy . At the owners discretion the premium can be reduced or skipped . When that occurs the policy can expire prior to the death of the individual , but it isnt a term policy .


Input: Is Universal Life Insurance The Same As Term Life Insurance?

Output: No , Universal Life Insurance is not the same as Term Life Insurance . Universal Life is a permanent product that can have cash value , and Term is a temporary product that does not have cash value . However , some Universal Life policies are set up to resemble Term Life Insurance . They are sometimes called hybrids , because they have some elements of UL and some elements of Term . In essence , they are Universal Life policies that guarantee that the policy will not lapse for a set number of years at a set premium . That part is like Term Life . The part that is different from Term is that these UL policies can be extended by simply dumping in more premium .


Input: Is Universal Life Insurance The Same As Term Life Insurance?

Output: That is a great question ! And oh , no , they are definitely not the same . In fact , they are really at exact opposites of the life insurance spectrum . Term policies are very inexpensive , are very simple , and explain exactly what is paid and when . The cost and length of the policy are defined , and unchangeable . Universal life policies are exactly the opposite . The length of the policy is described as whole life , but can end if conditions of performance are n't met . The price you pay for the policy can also vary , as can the benefit to be paid , again based upon the performance of the policy . This policy requires that you pay attention to it 's performance , to ensure that it does what you want it to do , while a term policy runs on auto-pilot . If you want more information , please inbox me , ok ? I hope that helps , thanks for asking !


Input: How Long Does It Take To Get Your Health Insurance Card?

Output: Some health insurance ID cards are instant -LRB- available online -RRB- once your coverage has been approved or on the effective date . Most carriers still mail policies , certificates of coverage and ID cards direct to the policyholder . If cards are mailed you should receive the card within 2-3 weeks of approval of your application or enrollment form .


Input: How To Cancel Car Insurance Early?

Output: There are many ways this can be done you do not have to contact your agent to cancel if you do not wish to you . You can fax a written request direct to a carrier you can call your carrier direct . But If you have placed coverage with another company they should be able to do this for you . Also many carriers will accept a verbal request . There are carriers that require a signed request . In many cases you should get a refund unless they carrier has what is called a short rate cancelation fee some states do not allow this type of fee . my 1st suggestion would be to contact the agent that wrote you policy if you are happy with them and are canceling because you found a better rate .


Input: How To Cancel Car Insurance Early?

Output: In order to terminate your auto insurance before the policy term expires you would need to contact your agent or insurance provider to request the cancellation . The agent or provider most likely will require the request in writing in order to terminate the policy . I recommend you ask when terminating if there is a short rate on any refund for early cancellation .


Input: How To Get The Cheapest Renters Insurance?

Output: Price is always a factor when it comes to insurance coverage , but you should not allow price to be a deciding factor when it comes to choosing your coverage . Contact a local agent to discuss coverage availability and pricing for your area . Having an agent that you are comfortable working with and that understands your coverage needs is well worth the cost .


Input: How To Get The Cheapest Renters Insurance?

Output: Remember cheap does n't mean better . What you want to find is a reputable company AND cheap rates . Compare your coverages as well as the rates - this is what I tell my clients . Another thing to look at is who is selling you the cheap rates - do you have a 1-800 telemarketer to talk to or a Licensed Agent who knows exactly what 's covered in your state ?


Input: How To Get Health Insurance When You Are Overweight?

Output: Under the new Affordable Care Act , you can not be declined by an insurance company for any pre-existing condition or other health-related reason . So , in short , health plans are guaranteed-issue now . Even if you 're overweight , you can still get coverage on or off the health insurance exchanges . In general , the only ways your coverage can be cancelled , is if you elect to terminate the policy , you do n't pay your premiums , or you falsified information on the application . I highly recommend consulting with an independent agent/broker for assistance in finding the plan that 's right for you . We can help you through the entire process from reviewing policies , to helping you apply , to getting your policy in force . Of course , if you have questions in the future or want to look into other types of insurance -LRB- e.g. life , disability , or long-term care -RRB- , we can provide assistance in securing these insurance programs for you as well .


Input: How To Get Health Insurance When You Are Overweight?

Output: If you are overweight , you can easily qualify for quality health insurance coverage . Under the new Affordable Care Act guidelines , height/weight are no longer asked on qualified plans . Therefore , it will not impact your rate and you will not be surcharged or asked to meet a higher deductible through the Exchange . As experienced brokers , we specialize in finding the best plans for consumers at the lowest rates . We research , compare and help you view the best options , along with simplifying the enrollment process . A broker with more than 25 years of experience is ideal .


Input: Who Are The Largest Life Insurance Companies?

Output: As of May , 2013 , the largest life insurance companies in the United States are MetLife , Inc , followed by Prudential Financial , followed by American International Group -LRB- American General -RRB- . Japan Post International is the largest life insurance company in the world , with AXA of France running a close second .


Input: Does Medicare Pay For Durable Medical Equipment?

Output: Medicare Part B covers durable medical equipment -LRB- walkers , wheelchairs and power mobility devices , power lifts , oxygen , prosthetics , hospital bed , infusion pumps , nebulizers , CPAP devices for sleep apnea -RRB- . After the Part B deductible of $ 166 has been met Medicare will cover 80 % for durable medical equipment . If you have a Medicare Supplement it will pay the other 20 % .


Input: Does Medicare Pay For Durable Medical Equipment?

Output: Medicare Part B provides some coverage for durable medical equipment -LRB- DME -RRB- when it is prescribed by your doctor for personal use at home - your doctor has to be enrolled with Medicare for DMEs to be covered . Part B will cover about 80 % of your cost - a medicare supplement can help pick up the other 20 % .


Input: Does Health Insurance Cover Personal Training?

Output: Most health plans would not pay for a personal trainer because it would not be considered a medically necessary item by your doctor . However , there are some out there that may provide some coverage for it - the drawback is the cost to get that coverage may outweigh the benefit given the prices for personal trainer sessions . Consult with your health insurance agent to find out if your plan covers this . If you have any other questions or would like help with your own health coverage , send me a private message by clicking on the `` contact me '' button .


Input: Does Health Insurance Cover Personal Training?

Output: Personal training is not considered a covered service under traditional health insurance plans . There is good news however , many policies and the associations or networks attached to them will offer discounts to many gyms and exercise facilities . Taking advantage of one is a great way to save money and stay fit at the same time . And as we all know , living a healthy lifestyle is the best way to keep your healthcare costs to a minimum . For more information about healthy living and staying fit visit www.clminsure.com or call 561-320-2978


Input: Why Limit Roth IRA Contributions?

Output: That is a great question ! The caps on contribution limits on your Roth IRA were put there to prevent the wealthy form using them as tax shelters . The purpose of the Roth IRA 's are to allow people of more modest means to be able to save for retirement , and special tax advantages were installed in the IRA to encourage that saving . The caps were put in place to help prevent the abuse of those advantages by those who do n't truly need them . Thanks for asking , I hope that helped !


Input: Is Maternity Leave Covered By Disability Insurance?

Output: Maternity leave is covered by short term disability insurance . The more common type of disability insurance to purchase is long term disability , because it is more available and competitively priced . Short term disability insurance is usually provided by employers . Long term disability insurance only covers complications of pregnancy or childbirth that would create the need for an extended time away from work , not normal pregnancy and childbirth .


Input: Is Maternity Leave Covered By Disability Insurance?

Output: The answer to your question depends upon three key factors . Many disability policies cover maternity leave , but many more do not . First , the policy has to cover normal childbirth . Policies sold through work site groups generally cover childbirth , while those sold directly do not . Second , you have to start the policy prior to conception rather than after . Third , the policy elimination period has to be very short . The standard benefit period for a normal delivery is six weeks , or eight weeks for C-section . If your elimination period is longer than two months , then no benefits are paid .


Input: Why Should I Have A Life Insurance?

Output: You should have life insurance if you want to provide a financial benefit for someone who would suffer financially from your death . This could be a family member , a business partner , or some person to whom you owe money . You should also have life insurance if you want to make it easier for your family to take care of your funeral and burial or cremation . Life insurance pays quickly without having to go through probate , enabling final expense bills to be paid with that one check .


Input: Why Should I Have A Life Insurance?

Output: You should have life insurance if you have financial liabilities that expose other people like your family or business partners . You should also have life insurance if you are searching for a more flexible and less restrictive retirement plan that allows your contributions to accumulate tax deferred . It may also provide tax free income based on purchasing the lowest cost TAMRA compliant death benefit option , non-modified endowment contract . Keep in mind that this type of contract must remain in force for the life of the insured .


Input: Where To Buy Health Insurance With Pre Existing Conditions?

Output: That is an excellent question ! One of the best things about the Affordable Care Act -LRB- Obamacare -RRB- is that for the first time , your pre-existing condition can no longer prevent you from receiving insurance coverage . There are also no longer lifetime caps on your treatments . The best place to get your coverage is at theACA website , WEBSITELINK where you can shop for coverage , and possibly qualify for a subsidy that will help pay for that coverage . Good luck , and thanks for asking !


Input: Where To Buy Health Insurance With Pre Existing Conditions?

Output: The best place to buy health insurance with pre-existing conditions is through a broker and your state Marketplace Exchange . An experienced broker can do the shopping , comparing and enrollment for you at no cost . You may also qualify for a federal subsidy that can dramatically reduce your premium , or possibly eliminate the entire cost . A broker and or their website is a BETTER resource than the . gov website . Subsidies can be calculated and a specific plan can be recommended . The glitches , delays and security issues of the government website are still a concern . As I write this answer live , the . gov website is not performing and is being repaired . The Affordable Care Act -LRB- ACA -RRB- allows you to purchase subsidized coverage with no exclusion for pre-existing conditions during Open Enrollment . If you miss Open Enrollment , there are still various low-cost options available . LIVE answer provided by : Ed Harris - Premier Health Insurance Broker since 1980 and owner of several of the nation 's top-rated healthcare websites .


Input: Who Has The Best Life Insurance Rates?

Output: No one company always has the `` best '' rates for everything . However , is that really how you want to decide ? How about a combination of the fairest rates , most listening , caring and understanding agents , best combination of alternative coverages , best list of riders which are available to help you custom tailor your coverage to your precise needs , and change them as your needs change , best reputation , highest ratings , quickest and most liberal payment on your claim , so your family is most protected when they need it the most ? Is n't that combination what you really want and need ? Gary Lane , Registered Representative , New York Life , 949 797 2424 . Thank you .


Input: Who Has The Best Life Insurance Rates?

Output: There is no one life insurance company that has the best rates for everyone . Companies often have `` sweet spots '' in which their rates will be more competitive for a certain type of policy , or for a certain age of applicant , or for a certain type of health . To find the best rates for you , you can use online quote engines to compare prices , or call an agency that sells policies from multiple companies and have them do the shopping for you .


Input: What Is The Health Insurance Levy?

Output: I presume you are asking about the individual mandate requirement of the Affordable Care Act -LRB- ObamaCare -RRB- and the tax penalty associated with not having health insurance or health insurance that meets the requirements of the Affordable Care Act . The term `` levy '' is technically inaccurate as that is an assessment applied to a population in general . Persons without health insurance in 2014 will be subject to a tax penalty when they file their 2014 tax returns in 2015 . The penalty for being uninsured in 2014 will be $ 95 per adult and $ 47.50 per child -LRB- up to $ 285 per household -RRB- or 1 % of their Modified Adjusted Gross Income -LRB- MAGI -RRB- , whichever is greater . The tax penalty for being uninsured in 2015 will increase to $ 325 per adult and $ 162.50 per child -LRB- up to $ 975 per household -RRB- or 2 % of their MAGI , whichever is greater . If you persist in being uninsured in 2016 the tax penalty jumps to $ 695 per adult and $ 347.50 per child -LRB- up to $ 2085 per household -RRB- or 2.5 % of MAGI , whichever is greater . In subsequent years the tax penalty will be adjusted upward by the inflation rate . As the law is currently constructed , the tax penalties described above can only be collected by the IRS from any income tax refund that the taxpayer would have received . The IRS can not bill the taxpayer for the penalty , place a lien on their assets or criminally prosecute the taxpayer . Obviously , this means that an uninsured person 's tax penalty on paper and what their true penalty -LRB- if any -RRB- might be will be directly related to whether they are eligible for a tax refund . So , a person 's ability to structure their tax withholding during the course of the year , or in the case of self-employed persons making estimated tax payments , so that they have little or no refund or owe additional taxes when filing their tax return may largely negate or eliminate the tax penalty for being uninsured .


Input: How Much To Spend On Life Insurance?

Output: There are several factors that you have to consider when deciding how much to spend on life insurance . First consider your age . The older you are , the higher cost of insurance is . Then factor in health , smoking status , and history including risky hobbies . Last is how much death benefit you need or are looking for or can afford . Last is the type of insurance you want . For example term insurance or permanent insurance . Once you have all this information , then seek out a quote .


Input: How Much To Spend On Life Insurance?

Output: You should spend enough on your life insurance to leave your family with enough money to live their lives as if you were still there financially until they are able to recover emotionally and financially able to carry on with their lives . I know from personal experience that the first two years after such a loss is the hardest to recover from . As far as the amount of insurance you should leave behind , a lot of insurance agents say 10 times your salary but personally I think it should be 10 times your assets .


Input: How Much To Spend On Life Insurance?

Output: There are a few factors involved in what you need to spend on life insurance , but you will find - if you do some research - that premiums will vary somewhat from company to company . So if you work with an agent who has the ability to work with several different insurers you will likely be able to get the best rate for whichever type of life insurance products you decide on . Other than that the amount you spend on your insurance will be determined by your age , gender , health and the amount of benefit you choose . Also there are options for `` riders '' which add certain benefits , some of which are additional to the basic premium . The amount and type , ie Whole Life or Term will be determined by what your goals and needs are for the insurance . With all these things in mind I recommend you enlist the aid of a good Insurance Adviser / Broker who can help you make the right determinations and select the best insurer and products for you .


Input: Who Can Be A Proposer In Life Insurance?

Output: The proposer is the person obtaining the life insurance policy on another , and paying the premium . Those who can be proposers of life insurance must have an insurable interest in the person whose life is being insured . They must also meet all the other requirements of life insurance : be a legal US resident -LRB- if purchasing the policy in the United States -RRB- , be financially qualified to take out that amount of coverage and pay the premium , etc. .


Input: Who Can Be A Proposer In Life Insurance?

Output: A proposer of life insurance is also known as the policy owner of the life insurance . I believe you will find a policy owner more commonly used than a policy proposer . One of the most common examples would be an owner different from the insured is with minor life insurance policies . A parent would be the owner or proposer of the life insurance policy of their child . Or a grandparent who wishes to purchase permanent life insurance on their grandchild . In these cases a minor can not be the owner of their life insurance until they are at least 18 years old and needs an adult as owner or proposer in order to purchase coverage . Certainly there are a number of reasons to use a separate owner or proposer to purchase life insurance so long as there is an insurable interest .


Input: How Do I Value My Car For Insurance Purposes?

Output: You will want to usethe amount that you paid for the vehicle if you purchased it within the last six months . If you have a a vehicle that you purchased over six months ago then I would reccommend a recognized appraisal service.One of the services out there are Kelly Blue Book .


Input: How Do I Value My Car For Insurance Purposes?

Output: Insurance companies , for the most part insure your vehicle to it 's `` Actual Cash Value '' -LRB- AVC -RRB- . That is the starting point . Naturally , the newer the vehicle , the more likely that it will have a higher ACV . Some insurance providers are now offering coverage that will actually replace your car at full value should it be severly damaged in an accident so long as the car was aquired new within three years of the loss . Others extend that coverage to offer an amount necessary to buy a similar year make and model at current market value if damaged within 5 - to -7 years of purchase . Specialty providers for classic or antique cars , boats and motorcycles will insure the vehcle to it 's appraised value at the start so in many cases , you will need to obtain an appraisal when you purchase , much the same as when you buy a diamond engagement ring , for example .


Input: How Do You Determine Which Health Insurance Is Primary?

Output: In the increasingly rare situations where people have double health insurance coverage these days then the birthdate rule comes into play . For example , ahusband and wife are both employed at different companies and both are covering each other as spousal dependents on their respective employer 's group health plans . The health insurance plan of the spouse whose date of birth comes first in the year is designated as the `` primary '' plan that pays first and then the other spouse 's plan pays in a secondary capacity .


Input: Is 401K Money Tax Free?

Output: 401K 's are funded with pretax dollars , which means that the money is taken out of your paycheck before taxes are deducted . The benefit is that it lowers your taxable income for the year but eventually when you retire you will have to pay taxes on that money . Also if you make withdrawals before you reach the age of 59 1/2 , typically you will have to pay a 10 % early withdrawal penalty on top of any taxes that are due . 401K are good but there are other retirement options .


Input: Is 401K Money Tax Free?

Output: That is a great question ! In any retirement vehicle the money in it will be taxed at some point . In a deferred vehicle like a 401k , the contributions that fund it are made before taxes are taken out . As a result , once the money begins to be withdrawn , the Government collects the tax on those contributions , and any growth that has occurred on that money . This works out well if you 've moved into a lower tax bracket than you were in when making the contributions . A good retirement plan will balance out that tax loss by including a tax free vehicle like a Roth IRA -LRB- the contributions that fund it are taxed going in , so tax free when withdrawn -RRB- or a similar investment . Talk to a trusted adviser , and see what might work best for you , okay ? Thanks for asking !


Input: Is 401K Money Tax Free?

Output: A 401 -LRB- k -RRB- defers taxation on both deposits and earnings . The money deposited to a normal 401 -LRB- k -RRB- is not subject to ordinary income tax in the year that the contribution is made . That money is taxed as ordinary income when it is paid out . As mentioned , 401 -LRB- k -RRB- money is also subject to surtax if taken prior to age 59.5 .


Input: Can I Cancel Life Insurance?

Output: The insurance company will allow you to cancel your policy at any time . If the policy is assigned a lender might interfere with cancelling coverage . The coverage can be canceled by a telephone call to the company or agent . If there is cash value in the policy it will be sent to the owner of the policy . After cancelling the policy there will not be any coverage .


Input: Can I Cancel Life Insurance?

Output: You can typically cancel a life insurance policy at any time that you wish . Depending on the type of policy the carrier may refund the cash value of the policy . Read your policy completely to understand the coverage provided and the consiquences of canceling your policy or contact your local agent to discuss it with them .


Input: How Can I Get Health Insurance With A Pre Existing Condition?

Output: Pre-Existing Conditions are no longer an issue . The issue is now Open Enrollment . Let me explain . The Affordable Care Act made pre-existing conditions obsolete ; you can get health insurance no matter what condition you may have . However , you must buy health insurance during open enrollment , which ended April 15th . Now you ca n't get individual health insurance until January 1 , 2015 -LRB- open enrollment starts again November 15th -RRB- . There are certain exceptions that will allow you to get health insurance outside open enrollment such as the loss of employer coverage , marriage , divorce , etc. .


Input: Does Renters Insurance Cover Roommates?

Output: Renters Insurance will not cover your roommates unless they are also listed on the policy . Renters Insurance would cover your guests but not roommates . Renters Insurance typically covers your personal belonging and protect you against any claims in which you may be liable for . For more information please visit rocoinsurance.com


Input: How Does Universal Life Insurance Really Work?

Output: Universal Life -LRB- UL -RRB- Insurance receives the premium from the policy payer . The policy expenses are deducted from the premiums paid . Then the net premiums are credited with whatever method the universal life insurance employs : interest rate for current assumption UL , indices returns for indexed UL and separate sub accounts for equities and bond performance .


Input: How Does Universal Life Insurance Really Work?

Output: It varies by UL policy and company , but here are a few basics . There are basically 2 parts to all ULs , but there may be more . The one I have has 3 parts . Part A is how much you pay into for just the life insurance coverage and part B is what goes into the accumulation account to make the policy grow money wise . A UL has flexible premiums meaning you can pay in as little or as much as you want within a specified amount within the contract guidelines . There is also the target amount which is what you probably should be paying in minimally . If you pay the minimum , it basically is a term policy that continues . If you decide you want the account to grow , you can put more money into to make the cash accumulation grow . I usually tell the clients I work with to think of it as a permanent life policy with a high yield bank savings account since most will offer you at worst a 3 % return for ever dollar you put into the accumulation section of the account . Do keep in mind that rates maybe be more or less depending on the policy and current interest rates that the insurance company uses . There are many other factors in these types of life policies , but that is the basics of it .


Input: Does Homeowners Insurance Cover A Vacant Home?

Output: Vacancy is a gray area . Having said that , a homeowners insurance policy is designed to be owner occupied . Most of these policies will have a clause for vacancy . Generally , it is 60 days . If you do not occupy the home for 60 days or more , and have a claim , the company will have the right to deny it based on the contract . Many times it becomes tough for the homeowners insurance carrier to prove the last time you stayed at the home and some clients truly do n't remember . Each company can have different vacancy clauses - I advise reading yours very closely if you will not be occupying the home .


Input: Does Homeowners Insurance Cover A Vacant Home?

Output: Most Home Insurance policies will only cover a vacant or unoccupied home for a short time -LRB- 60 or 90 days -RRB- before they impose coverage limitations . I have seen policies with much higher deductible for `` vacant '' homes . Most wo n't cover burst plumbing or theft/vandalism if the house is ruled vacant at the time of a claim . If you have a vacation home , most seasonal home policies understand that the house will be unoccupied for large periods of time , and address that in their coverage terms . There are vacant home policies that are designed for unoccupied homes . If your home is for sale , or has been unoccupied for a long periodic time I suggest you talk to an insurance agent about getting a vacant home policy . Foremost Insurance and Vacant Express are two companies that specialize in vacant home coverage .


Input: Is Workers Compensation And Disability Insurance The Same?

Output: Areworkers comp insurance and disability insurance the same ? Yes and no . They are both the same in that they provide income when a person becomes disabled to help generate income . No , in that workers comp only applies to at work or on the job injuries -LRB- rarely if ever illness -RRB- . Disability insurance applies to off the job injuries , like sliding into second base in your softball league and snapping an ankle or illness regardless of on the clock or not .


Input: Is Workers Compensation And Disability Insurance The Same?

Output: Workers comp and disability are similar but very different . Both provide LOT -LRB- loss of time -RRB- benefits but Workers Comp covers so much more . In addition to your LOT benefit workers comp also has life insurance benefits and medical coverage for your on the job injury or illness . Disability only has a LOT benefit .


Input: What Are The Duties Of A Life Insurance Agent?

Output: The duties of a life insurance agent are to sell life insurance -LRB- and often other related products -RRB- , take care of their customers in an ethical manner , follow all state and federal regulations , adhere to the requirements of the carriers and others with whom they work , keep thorough records , and provide customer service . In addition to those basic duties , a life insurance agent must attract business and operate an office in a cost effective manner . It is a role that requires adaptability , a personable nature , and willingness to keep learning .


Input: What Are The Duties Of A Life Insurance Agent?

Output: Interestingly , there is some controversy here . The agent is a filed underwriter . The agent represents the life insurance company . But the agent also has a fiduciary responsibility to the client to represent their interests . Ethical agents can discharge their duties in by staying independent from on insurance company and represent the inventory of carriers in the market .


Input: Does Life Insurance Cover Natural Death?

Output: Natural death is typically what a life insurance policy is written to pay out for . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , life insurance covers natural death . That is death that occurs due to an illness , or what some call `` old age '' . Life insurance also covers accidental death , whether it be directly due to an accident , or to a health complication from having an accident , or even an accident that is caused by a health condition .


Input: Does Life Insurance Cover Natural Death?

Output: Traditional life insurance pays a death benefit amount to the beneficiaries of the policy no matter what the cause of death is with the exception of suicide during the contestibility -LRB- the first two years of the policy -RRB- period and sometimes when a felony murder is committed by the beneficiary against the policy insured .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , life insurance does cover natural death . This is different than Accidental Death and Dismemberment Insurance -LRB- AD&D -RRB- , which would only include death by accident . The one exception for life insurance not being covered comes within a suicide clause . This clause is generally included in the two year contestable period . The two contestable period provides protection for life insurance carriers . For example , if an individual falsely omits having depression during the application/interview process and commits suicide shortly after securing life insurance protection , a life insurance carrier may deny the death benefit claim .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , Life Insurance covers Natural Death . It also covers Accidental Death . There is both Term and Whole Life Insurance , and they both cover both . Some folks buy only accidental life insurance , which may be foolish , when you consider the odds , and the low cost of life insurance that covers any death . Only suicide is excluded and then only for two years for both policies . New York Life offers a wide range of Life Insurance Products . Gary Lane , Registered Representative , New York Life , 949 797 2424 . Thank you .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , Life Insurance covers natural death -LRB- death due to illness or `` old age '' -RRB- . But Life Insurance also covers accidental death . Life insurance typically covers all types of death except suicide in the first two years of the policy . This is different from Accidental Death Insurance , which only covers death by accident and NOT by natural death .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , Life Insurance does cover natural death . When you fill out a life insurance application , it will ask about certain health conditions -LRB- unless it is a guaranteed issue policy , which does not ask about your health -RRB- . If you answer those questions truthfully , and take the required exam , and are approved for your policy , your policy will pay the death benefit even if you pass away from an existing health condition .


Input: Does Life Insurance Cover Natural Death?

Output: Yes , unless it is an accidental death policy . That is why you buy life insurance , Life insurance will general cover a death by any means not specifically excluded in the policy . For example most life policies have a two year suicide clause , they would not pay for suicide within two years of taking out the policy . Most would not pay if a person is killed while committing a crime . Some will not pay for someone killed fighting in a war . There is a two year incontestability clause which allows the insurer to deny a claim if a client lies on an application and dies within two years . All of these are spelled out in your policy .


Input: Does Life Insurance Cover Natural Death?

Output: Life Insurance will cover any type of death not specifically excluded . Natural death would definitely be covered , as well as accidental death . Within the two year incontestability period , conditions not mentioned on the application and suicide would not be covered . Death in commision of a crime is usually not covered and some policies exclude death as a result of combat . Do not confuse an Accidental Death policy with a Life insurance policy . Accidental death policies only cover accidental death . I have had some clients confused on this issue .


Input: Can You Switch Auto Insurance In The Middle Of A Policy?

Output: This may depend on your state , here in PA you can switch at anytime during your policy . Also your current company must refund you any unerned premium that you have paid them . So if you have paid six months upfront and you cancel after the first month they have to refund you the remaining five months . Depending on the company you may have to pay a early cancelation fee , however this is rather uncommon .


Input: Can You Switch Auto Insurance In The Middle Of A Policy?

Output: Yes of course . It probably is not the best idea to change if your current carrier is handling a claim for you , but short of that , you are free to switch . I would check with your Insurance Professional to make sure that if you do , you change mid term , your current carrier will cancel the policy flat , that is will not impose a preterm cancellation surcharge .


Input: Can You Switch Auto Insurance In The Middle Of A Policy?

Output: Absolutely . There are two parties when it comes to an insurance policy . You , the policy holder or insured , and the insurance company . By law , if you are paying your premiums the insurance company must keep your policy active -LRB- there are a few other pieces to this but unnecessary for your question -RRB- . You , on the other hand , can change or cancel your policy at any time . Make sure you consider a few key items . Will my coverage change by making this move ? Check some of the `` bells and whistles '' that you may lose or gain . Will you lose discounts on other policies you have ? Make sure your lien holder -LRB- the bank -RRB- is notified of the change . Work with a licensed professional to help make the transition as smooth as possible . People change insurance companies all the time . Make sure it 's a good move for you . After you 've done that , you can make a move at any time !


Input: What Is Form 712 With Life Insurance?

Output: This is an IRS form used to report life insurance policy values as of the date of death of the insured or policyowner or when a policy if transferred as a gift . It is used in connection with estate and gift return forms when they are filed with the IRS .


Input: Does Medicare Cover Jevity?

Output: Medicare does not cover Jevity or other enteral nutrition formulas except in extreme cases and with extensive documentation of the need for that type of therapy . The patient must have a permanent disease of the bowel that prevents nutrition taken any other way . Taking Jevity for purposes of depression , end stage disease , or other causes are excluded .


Input: Why Does Disability Insurance Never Pay 100 Of Your Income?

Output: Disability insurance is paid out on a tax free basis , for that reason it will pay you the `` net '' amount of your income that you are wishing to replace . Typically it is around 60 % to 70 % of your `` gross '' pay . Different companies will allow percentages between those amounts . Also you will not be needing commuting costs or other costs related to working .


Input: Why Does Disability Insurance Never Pay 100 Of Your Income?

Output: The purpose of insurance is not to get ahead , but to compensate for what was lost . Therefore , insurance companies put limits on benefits so that people do not use insurance to come out better than they would have if they had not had the misfortune that caused them to collect on their policies . In the case of a permanent disability , it is hard to imagine any benefit high enough to compensate for that loss . But there are those who would recover fully , yet never return to work if they could continue to receive their full salary without having to labor for it . The latter is the type of activity insurance companies try to discourage by putting limits on the benefit . It is not just so their companies can make money , although I 'm not saying that does n't enter in . It is also so premiums can stay lower and the companies stay solvent for the benefit of all their policy holders .


Input: Why Does Disability Insurance Never Pay 100 Of Your Income?

Output: Insurance companies deal with risk . Moral risk is a problem that they also confront . If there isnt an incentive to return to work , the company could be paying benefits for an extended period of time . A drop in income during a disability is offset by lower taxes , lower expenses and a less vigorous lifestyle . Many find that their disability income pays a reasonable amount ; however , they are usually eager to return to work .