Input: When Does Term Life Insurance Payout?

Output: Term life insurance pays out upon death of the insured person . Period . Since there is no cash value to term life insurance , you can not surrender the policy for cash , and it will not endow like Whole Life does . It costs less because it offers pure death protection without any investment feature . Therefore , it only pays out upon death of the Insured , as long as the policy is in effect at that time .


Input: When Does Term Life Insurance Payout?

Output: A term life insurance policy will typically only pay out if the insured were to pass away before the end date of the policy . Term life insurance policies are typically sold in ten , fifteen , and twenty year increments . 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: When Does Term Life Insurance Payout?

Output: The basics of this question have already been answered so I want to add a different perspective . Of course , term life insurance pays upon your death if your within the term . There are now term policies which have what we refer to as living benefits . That is , you get access to a percentage of the death benefit when you have a heart attack , cancer , stroke -LRB- & more -RRB- as well as chronic illness situations which we refer to as long-term care type needs . So consider , your term policy now pays upon death , pays when a covered critical illness is diagnosed & pays to when long-term care like needs come up . And the cost in many cases is the same as your straight simple term life insurance policies . If you would like a quote or more information , contact your agent or contact me .


Input: Can Medicare Cards Be Laminated?

Output: Yes , Medicare cards can be laminated . There are no features of a Medicare card that laminating will change or render unusable , as there is with a Social Security card . So it is OK to laminate a Medicare card .


Input: Does Homeowners Insurance Cover Snow Damage?

Output: Homeowners Insurance -LRB- Form HO3 & Form HO5 -RRB- does cover damage to the dwelling from Snow ; Snow Damage is one of the covered perils under a homeowners package policy . The deductible will apply and will be deducted from the claims payout . You should read the policy form regarding detailed information regarding coverages on your policy . For a sample copy of a Homeowners Special Form HO3 , you may click on the following link : WEBSITELINK


Input: Does A 401K Count As A Retirement Plan?

Output: Yes , a 401K would count as a retirement plan , but ideally it will be supplemented by other vehicles as part of a complete retirement plan . 401 -LRB- k -RRB- s are qualified plans which means the money goes in pre-tax and is tax-deferred until it is taken out in retirement . 401 -LRB- k -RRB- s limit the amount of contribution and there are penalties if the money is accessed before the age of 59.5 . The funds saved in a 401 -LRB- k -RRB- are tax - deferred which is good , but it might not be your best option if you are in a higher tax bracket at retirement . Depending on how your 401 -LRB- k -RRB- is invested , there may be market-risk to be aware of as well . A 401 -LRB- k -RRB- can be an important part of a retirement plan , but it would be best to only contribute up to the company match and use a tax-free option or different vehicle to save above the company match .


Input: Does A 401K Count As A Retirement Plan?

Output: Does a 401k count as a retirement plan ? Yes , a 401k would be considered a qualified retirement plan . 401k plans were originally created to be a supplement to traditional pension plans in the 1980s but rather quickly 401k plans actually began to replace traditional retirement plans as 401k plans presented an opportunity for employers to shift liability to employees in regard to their retirement . Retirement went away from an employer 's responsibility to an employees .


Input: Does A 401K Count As A Retirement Plan?

Output: A 401 -LRB- k -RRB- is an account designed to grow monies tax deferred and is part of a retirement plan . A retirement plan will consist of looking at how much you are saving today and where as well as how much you need or should save , taking into account Social Security and other sources of potential income as well . A plan or `` road map '' as I like to call it is something which should get updated regularly as well since `` life '' is always throwing curve balls at us . I recommend talking to someone who is knowledgeable with retirement planning and who you can work with for the years to come .


Input: Is There Income Tax On Life Insurance?

Output: Life insurance is not subject to income tax as long as it is left to a person or trust . If the life insurance beneficiary is the estate , or if the beneficiary is no longer alive and the proceeds end up going into the estate , then income tax will be paid on the life insurance .


Input: Is There Income Tax On Life Insurance?

Output: Generally , tax free death benefit proceeds go directly to the policy beneficiary without taxation . However , permanent life insurance polices that accumulate cash values that exceed basis are subject to ordinary income tax if the contract is surrendered , lapsed or matures before the death of the policy insured . This includes any policy loans in any of these scenarios .


Input: Is Xalatan Covered By Medicare?

Output: Xalatan is a prescription medication used to treat glaucoma . The drug is available on an outpatient basis in a retail pharmacy or via mail order . Outpatient medications are covered under Medicare Part D , available from a private insurance carrier . Check your drug plan formulary to learn if the drug is covered and your out of pocket share .


Input: Which Is Better Term Or Universal Life Insurance?

Output: Product selection is based on the economic liabilities being temporary or permanent . Term life insurance for younger insureds can extend to 40 years , whereas permanent coverage can go to maturity dates of age 121 or longer with some companies using the phrase , life of the insured . If your need is permanent and death benefit coverage is the only issue , most planners recommend guaranteed universal life as their permanent product of choice .


Input: Which Is Better Term Or Universal Life Insurance?

Output: Which is better term or universal life ? For what need ? These types of insurance are extremely similar with each having an advantage over the other based on the time frame involved that we are insuring . Term hands down works best in short need situations like 10-20 years . Beyond that if you 're allowed to retain your term coverage , it becomes quite expensive . For 20 years plus , universal life is a better product , especially if you want your money back .


Input: How Much Life Insurance Will I Need?

Output: The amount of life insurance you will need is dependent on many factors ... some that you have no control over . That is ... your future earnings , your estate , your marital status , your health and many other items determine your ultimate need . A full-time experienced broker can review your financial situation and help you determine the most affordable method to protect your life and your estate .


Input: Can i receive my husbands life insurance in the national guard?

Output: If you are the primary beneficiary on this life insurance policy , then yes you are entitled to the death proceeds . Call the carrier for a claim form . You will need to fill out their form and have a certified copy of his death certificate . The claim should be processed promptly as there is no statutes of limitations with life insurance if no claim was ever made . If you are not the primary beneficiary , you should find this person listed and let them know about this policy and work something out with them on proceeds . You really do n't want a death claim not exercised for any beneficiary . I am sorry for your loss .


Input: Can i receive my husbands life insurance in the national guard?

Output: If you are the beneficiary of the policy and a claim was never made on the policy , then you should be able to submit a claim for the proceeds . Several items are traditionally needed to process a claim on a life insurance policy such as a completed claim request form and a copy of the death certificate of the insured person . You will likely need to contact the carrier directly to verify what 's needed to process the claim . In general , the only person who can be paid the proceeds from the policy is the person who is designated as the beneficiary . I hope the information is helpful - please feel free to contact me with any other questions . Thanks very much .


Input: Can i receive my husbands life insurance in the national guard?

Output: The guardsman selects who the beneficiary will be . However , if you live in one of the community property states , you might have some rights because you are the legal half-owner in the policy . If this is a point of concern you should seek legal assistance . I think that your state law will take precedence even with a federally administered program .


Input: Can i receive my husbands life insurance in the national guard?

Output: If your husband was still in the National Guard at the time of his death , you should be able to still collect the death benefit from that policy . Unfortunately , if his time in the National Guard was over and he had not chosen to convert his SGLI to VGLI , he may not have been covered . You can contact the VA to find out .


Input: Is A Military Pension A Qualified Retirement Plan?

Output: The military pension system doesnt meet the standard definitions . It isnt established in the same way a pension plan is established , it isnt funded in the same way either . It most closely resembles deferred compensation . It is taxed like deferred compensation as well .


Input: Is A Military Pension A Qualified Retirement Plan?

Output: A military pension is a non-qualified retirement plan . It is provided in the public sector , does not offer a vesting schedule for early retirees , does not require membership in the Pension Benefit Guaranty Corp , and is not under ERISA . The FAS US Military annuity payment -LRB- distribution -RRB- from form 1099 is non-qualified .


Input: Which Is The Best Medigap Policy?

Output: Most people enjoy Medigap Plan F because of it 's comprehensive health coverage and consider it to be the best Medigap policy . Medigap Plan F will pay all your Medicare approved charges that Original Medicare Part A and Part B does n't cover . You do not have to pay any co-pays , deductibles or co-insurance with Plan F . There is a lot of talk about Medigap Plan G becoming the `` best '' Medigap Plan . It works just like Plan F by covering all your Medicare approved charges not paid by Original Medicare -- after you 've satisfied the small Part B deductible -LRB- $ 147 in 2014 -RRB- . The premium with Plan G is usually much less than Plan F. Even when you add in the Part B deductible there is still savings for the same Medigap benefits . If I can assist you with your specific Medigap needs , please feel free to contact me .


Input: Does Fidelity Sell Annuities?

Output: Yes , Fidelity does sell annuities and carries some very competitive products with lots of interesting features . They sell immediate annuities , deferred annuities , and fixed annuities . To compare the rates and features of Fidelity annuities with those issued by other companies , contact an insurance agency that sells annuities through several companies .


Input: What Are Some Factors To Consider When Creating A Retirement Plan?

Output: There are several factors to consider in designing your retirement plan : Your tax bracket , your projected age at retirement , your life expectancy and your risk tolerance . This will help you determine whether you should use a qualified or non-qualified plan . It will help you establish your product suitability profile whether conservative , moderate or aggressive investments or saving vehicles . And lastly whether you should participate in an individual plan or a employer sponsored plan .


Input: What Is Standard Life Insurance?

Output: Standard Life Insurance , shortened as `` The Standard '' , stands for StanCorp Financial Group , Inc , and its subsidiaries . They offer a broad range of insurance products , and have maintained an A or better rating from AM Best for more than 75 years . You can go to a website that offers quotes for multiple companies in a quote engine to see how Standard life insurance rates compare to others . Do not be confused if you are looking at quotes rated Standard . That is different from issued through Standard , the company .


Input: How Much Is The Average Home Insurance?

Output: That question is very open ended . Homeowner insurance premiums are determined by multiple factors , including your location , age , replacement cost of your home , quality of construction , limits of liability desired , your insurance score ; which is partially made up of your credit score . There is really no answer to give , your best bet is to contact an independent agent that can shp around for you and advise you on coverage .


Input: How To Cancel Zurich Life Insurance?

Output: To cancel a Zurich Life Insurance policy , call Protective Life Corporation 's customer service number for life insurance at 1-800-866-9933 , or email them at ladphs@protective.com . They will most likely send , fax or email you a form that you can sign to notify them that you want to cancel your policy .


Input: How Do I Know What Kind Of Retirement Plan I Have?

Output: When you 're unclear about your retirement account , you need to determine a few items . Are you funding your retirement by yourself or through your employer ? Are you deducting your contributions ? If your funding your retirement yourself and deducting the contributions , you may have an IRA . If money is being withheld beyond the payroll deductions of FICA , FUTA and SUTA then you may have a 401 -LRB- k -RRB- .


Input: What Insurance Is Necessary For Car Rental?

Output: Rental car companies want to make sure you can pay for damages when you have an accident . You have to show proof of current insurance or purchase temporary insurance through the rental car company . If your personal policy only covers you for liability than you will still have to purchase insurance from the rental car company . You have to have comprehensive and collision coverage in order for the coverage to extend to a rental car .


Input: How Much Life Insurance Do Veterans Get?

Output: Unfortunately , veterans do not get any life insurance unless they have met certain conditions . These are the major ones : 1 -RRB- Before Nov , 2012 - You must have been receiving SGLI and applied for VGLI -LRB- Veterans Group Life Insurance -RRB- within 120 days of separating from the service , or you have a year and 120 days to apply if you can show good health . 2 -RRB- After Nov , 2012 - Same as above but substitute 240 days for 120 days 3 -RRB- You are a member of the Individual Ready Reserve Unit or Inactive National Guard . If you are eligible for VGLI you can get up to $ 400,000 or the amount that you had in SGLI , whichever is lower .


Input: Which Company Is Best For Term Life Insurance?

Output: The best company for term insurance is the company that will insure you and stand by you if you die unexpectedly . Regardless of the premiums the return to your beneficiaries normally exceeds the total of premiums by a substantial margin . The best place to locate the best company is in the office of a trusted life insurance agent .


Input: Which Company Is Best For Term Life Insurance?

Output: The all time best company for term life insurance is the one with the best product at the best price for your unique situation . In other words , the best term life insurance policy for your neighbor is not necessarily the best term life policy for you . There are many factors that determine that . I advice using an experienced independent broker to find the best deal for your unique situation .


Input: What Is The Best Medicare Supplement Plan In Connecticut?

Output: The best Medicare supplement plan in Connecticut is the one that is right for you . Medigap plan F is sold more than any other plan but that does not mean it is a plan that meets your needs and budget . Shop and compare plans . Consider plans G and N and see if they might work better for you than plan F.


Input: What Is The Best Medicare Supplement Plan In Connecticut?

Output: I could not have said that better myself . The best plan is the one that is best for you regardless of where you live . Here in CT there are a number of providers who offer an array of plans available for your consideration . The first step should be to check with your insurance professional so see what options they may offer . In addition , I recommend visiting the CT Insurance Department web site . That is a terrific resource to research the companies and their offerings as well as a monthly premium price comparison . .


Input: Does Whole Life Insurance Ever Really Make Sense?

Output: There are a lot of answers here which are all correct so I will take a little different approach . Asking the question When does Whole Life make sense is really talking about your situation . If you are looking to protect your family while the children are at home , then Whole Life may not be the best solution or if you have a loan such as your mortgage , Whole Life may not makes sense . However , if you are looking for Lifetime Coverage with not only a death benefit guarantee , because I can give you a death benefit guarantee for a lot less , but a guaranteed cash value to use as necessary in the future years . Whole Life is also used in some type of plans for businesses which is required to be fully guaranteed as well .


Input: Does Whole Life Insurance Ever Really Make Sense?

Output: This is a really good question ! I am glad that you asked it , because it tells me that you 've looked at the alternatives . Here 's what I tell my clients : If you have the money set aside to cover your funeral expenses , pay your debts , and leave a comfortable income for your spouse or children that you know you wo n't have to dip into , then it does n't . If you only need to cover a specific , ending debt like a college expense or mortgage , then it does n't . However , if you are looking for a way to provide protection no matter how long you will live , -LRB- You can not outlive this coverage , unlike a term policy -RRB- this is your policy . If there is a chance that you may need to borrow money at some point , and your credit rating or history makes it unlikely that you will be able to secure a loan , this may be your policy . If you have a desire to move money to loved ones , or a charity in a way that is tax free to them , and not counted as income , this may be your policy . This kind of policy also makes sense if purchased when you are young , as the premiums are locked in at a low rate , and you are guaranteed coverage at that rateregardless of what health issues you may develop . I hope that helps , feel free to contact me with any questions or concerns that you may have , okay ? Thanks for asking !


Input: Does Whole Life Insurance Ever Really Make Sense?

Output: 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 . These 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 The question of whether whole life insurance makes sense for you depends on the need for the coverage . If you want to use it in the form of a retirement vehicle , you would want to take out the policy when you 're young to give it time to grow . If you are buying purely for the death benefit , I recommend you look at purchasing a Guaranteed Universal Life policy -LRB- these policies maximize the death benefit and minimize the premium as they do n't focus on the build-up of cash value -RRB- . If you only need the coverage for a set amount of time -LRB- e.g. 20 years -RRB- , then you may want to look into term life insurance.While whole life has many advantages , it is also the most expensive form of life insurance . Consult with an independent insurance broker to see which program will best serve your needs . Brokers can look at a variety of options from multiple carriers rather than just one . Send me a private message on here if you 'd like assistance with your program .


Input: Does Whole Life Insurance Ever Really Make Sense?

Output: This is really simple . If you love those who will survive you and want to make sure your passing doesnt result in financial collapse , then buy life insurance . If that need is not going to go away , buy permanent insurance . If you want the company to guarantee that money will go to those you love , then buy a whole life policy . There are obvious differences in situations and other forms of life insurance may be more appropriate but for those who want their beneficiaries to get a check when the die , whole life is going to do that .


Input: Does Whole Life Insurance Ever Really Make Sense?

Output: Whole Life Insurance makes a lot of sense for people that want to have life insurance for theirwhole life -LRB- hence the name -RRB- . One of the benefits of whole life insurance over term life is that the policy never ends as long as the premium is paid . Whole life can also act as a savings account of sorts , building cash value that can be borrowed against in much the same way as a 401 -LRB- k -RRB- retirement account . I recommend reviewing your options with a licensed insurance professional , and seeing what life insurance options make sense for you .


Input: Can You Get Life Insurance While Pregnant?

Output: I just asked this question of several companies for someone I know and the answer is yes . The rating will the same as if you were not pregnant , if in the first trimesters . There are also no exam policies that you can get all the way through the third trimester .


Input: Can I Get Auto Insurance Without A Driver License?

Output: I would have to say no . Every auto insurance carrier that I am aware of requires a drivers license number of all drivers that are to be covered by a policy . For a carrier to take on a risk that does not have a drivers license and is not getting insurance to have their license re-instated would possibly be a very unprofitable thing for the company to do .


Input: Can I Get Auto Insurance Without A Driver License?

Output: Auto insurance is based on the car . However , it is attached to a household . Only licensed drivers will be allowed to drive the car . The insurance company will review the driving record of each household member . If there is someone in the household who could have a license but does not the company might issue the policy with that person being excluded from driving the car .


Input: Can I Get Auto Insurance Without A Driver License?

Output: That is a great question ! Unfortunately , the answer is not so great . The likelihood of you driving the car without a license if you know it 's insured is pretty high , and that is not a good thing for any insurer . The penalties for getting caught driving without a license are a whole lot worse , when they find you are uninsured also . The companies are all about risk , and no reputable company will take on that one . Get your license , then the insurance . I hope that helps , thanks for asking !


Input: How Can I Lower My Auto Insurance?

Output: Talk to your Insurance Professional about your needs and , if need be , adjust your coverage to better reflect those needs . As about any available discounts including multi car , insuring your home with the same company , perhaps picking up Life Insurance with the same company if available as well . These multi policy discounts can save you a great deal . Finally , ask if you receive any discount for membership in a club or organization in which you might be a member . Here again , these `` affinity '' discounts can help save you money as well .


Input: How Can I Lower My Auto Insurance?

Output: Talk to your Insurance Professional to make sure you are taking advantage of every available eligible discount opportunity that your company offers . A few common discount opportunities include insuring more than one car with the same company . Insuring your home with the same company as well as any other things such as motorcycles , boats or RV 's may also trigger discounts . There may also be discounts available if you are a member of a club or group that has an affinity relationship with your company . Keep your credit good and your record clean , pay your bills on time and keep tabs on discounts .


Input: How Can I Lower My Auto Insurance?

Output: The fastest easiest way to lower your auto insurance premium is to increase you deductible for your collision and other than collision coverage if you have full coverage . If you have liability only coverage then the quickest easest way to lower your premium would be to lower the limits of your liability coverage . Contact your local agent to discuss all of the options that would be available to help you lower your premium .


Input: How Much Does It Cost To Get A Life Insurance License?

Output: The cost of a life insurance license varies from state to state . Once you are licensed in your own state -LRB- your `` resident '' license -RRB- , you can then obtain `` nonresident '' licenses in other states , which will also have different fees . Here is a helpful website that lists the State Dept of Insurance for each of the 50 states in the US , so that you can find the cost for resident and nonresident licensing in each state . WEBSITELINK


Input: Can An Annuity Be Rolled Over To An IRA?

Output: On if the Annuity is already in a Qualified Retirement Account . An IRA is a type of Qualified Retirement Account . That basically means the money in the account was contributed on a pre-taax basis . Qualified Retirement Accounts usually can be transferred from one account to another as a general rule . -LRB- there are a few exceptions to this -RRB- But if the Annuity is a non-qualified Annuity then you are not able to transfer it -LRB- it is technically a transfer not a rollover -RRB- to an IRA . And there is no need to do so . An IRA has a less favorable tax status than a non-qualified annuity . It would not be a benefit to transfer it to an IRA .


Input: About How Much Does Auto Insurance Cost?

Output: An auto insurance premium is determined by rating factors . The factors are approved by your state insurance commissioner . In California the primary rating factors are the year , make and model of the car , the experience of the driver , the driving record of all the members of the household , the limits and coverages selected and the anticipated annual mileage . There are additional considerations .


Input: About How Much Does Auto Insurance Cost?

Output: Rates will vary per individual in California . Rates are based on years driving experience , location , driving record and milesdrivenannually . We do not use credit in California . With those being the top 4 notnecessarilyin that order there are other factors to consider . Type of vehicle , occupation or if you are a good student with a 3.0 or better can have an impact on your rates . Other factors to consider better rates arecombininghome or renters insurance and auto insurance for multi-policy discounts . Multi car is another rating factor and whether your single or married is a rating factor . And of course what are the level ofcoverage 's chosen have adeterminingfactor on your rate . All these things should be discussed with a local independent agent who can shop different insurance carriers to find the right policy with the rightcoverage ` sto meet your insurance needs at an affordable premium .


Input: About How Much Does Auto Insurance Cost?

Output: The cost of auto insurance will vary depending on a number of factors , including your age , where you live , the type of vehicles you drive and how good -LRB- or bad ! -RRB- your driving record is . If you are currently insured , that will also likely reduce your cost . A young single driver with multiple tickets and accidents is likely to pay the highest premium . And conversely , a married driver with a clean driving record will pay less . Of course , the coverage , including liability limits and deductibles will impact the rate . Specifically , monthly rates could be as low as $ 30 - $ 40 for some drivers and much much higher for others . The state where you reside will be a major determinant in the price of coverage . While a state such as New Jersey may have fairly high rates , other states such as Ohio will feature lower rates . To get a specific and accurate quote , an independent broker or a reputable car insurance website will provide prices from multiple carriers which will help you find the best deal . Whether you live in Arizona , Michigan or any other state , the quotes are free .


Input: When To Buy Long Term Care Insurance?

Output: Long term care insurance is generally a discussion point addressed by most advisers as their clients and prospects turn age 50 . But most people purchase long term care insurance in their early sixties . The big consideration here is your health . You want to purchase long term care when you 're healthy and relatively young in the senior terms .


Input: How Much Is Critical Illness Insurance?

Output: The cost of Critical Illness Insurance is based on the company from which it is purchased , the type of plan , the length of coverage , the state in which it is purchased , the amount of coverage , and the age and sex of the person purchasing it . A $ 100,000 benefit at age 40 averages about $ 100/mo for a 40 year old woman in the Midwest .


Input: How Much Is Critical Illness Insurance?

Output: The premiums for Critical Illness Insurance depend on your age , gender , and smoking status . Rates in 2009 ranged from an average of $ 200 per year for a 40 year old nonsmoking male , for a lump sum benefit of $ 10,000 . At 50 years old , the average cost for that amount was $ 290 . Cost per thousand went down as the benefit went up , so that the average rate for $ 50,000 for that same man was only $ 730 at age 40 , rather than 5 times the $ 10,000 premium .


Input: My Husband's Car Slid Down Our Icy Driveway And Hit Mine. Will He Get A Surcharge?

Output: That is a great question ! As far as your insurance company is concerned , it will make no difference who caused the damage that resulted in your claim , the fact that they have to pay out on it is what matters . If the claim is filed listing your husband as the cause of the damage , then it is a pretty good bet that one of you will see a rate hike , if not both -LRB- if you are on separate policies - one a work vehicle , paperwork not completed , etc. -RRB- . That said , there are some things to consider . Your policy may have a `` first accident forgiveness '' clause , and assuming that this is his/your first accident -LRB- many companies now offer this -RRB- you may not have any change in your rates . Another thing to consider is whether the damage done to your car will cost less to fix than your deductible amount is . If the repairs are $ 500 and your deductible is $ 1000 , you would end up paying for the repairs yourself anyway . At that point , does it make sense to report the accident at all and risk the rate hike ? I 'd suggest that you review your policy and look for the forgiveness clause , and see if that would work for you . I 'd also get an estimate or two , and compare them to the deductible you would end up paying . If you have the forgiveness perk , and the damage is extensive , I 'd file the claim . If the damage is less than the deductible , I 'd probably skip filing the claim , and just get the damage repaired . It might work best if you contact your agent and ask them how they recommend you proceed as they would know much better your policy and driving records than I would . I hope that helps , and that you find a pleasant outcome to your unpleasant problem ! Thank you for asking !


Input: What Does Term Life Insurance Cover?

Output: Term life insurance covers nearly all causes of death : accidental death , death caused by health related issues , and death due to `` old age '' . Because it is temporary in nature , many people will find that their term policy has lapsed before death occurs . However , if you keep it in effect by paying the premium -LRB- and it is possible to convert many term policies to permanent policies , if you do it during the window of time provided for that purpose -RRB- , it will pay the death benefit for almost all types of death .


Input: What Does Term Life Insurance Cover?

Output: It covers you if you die for the face amount of the policy just like any other form of lifeinsuranceas long as you die within the term of the policy . It does n't matter what you die from as long as you do not lie on the application or commit suicide the first two year of the policy .


Input: What Does Term Life Insurance Cover?

Output: Term life insurance covers death by any cause except suicide in the first two years . This includes death by illness -LRB- even if due to a pre-existing condition -RRB- , death caused by accident -LRB- including while flying or participating in dangerous hobbies -RRB- , and death by unknown causes -LRB- such as old age -RRB- . If your life insurance application asked about these things and you disclosed them , you are covered . If , a few years after taking out the Term life insurance policy , you developed a health condition or took up a dangerous hobby that led to death , that is covered , too . Of course , the policy must be in effect at the time of death , which for Term insurance means that you have paid regular premiums and not allowed the policy to lapse .


Input: What Does Term Life Insurance Cover?

Output: Term life insurance generally covers a temporary economic liability for the beneficiaries of the insured . It is highly recommended that you purchase a term life insurance policy that includes the right to convert the policy to a permanent life insurance policy in case the temporary liability becomes permanent . The duration of your economic liability should dictate the length of guaranteed coverage youre applying for . The death proceeds , in theory , should fund the liabilities for the surviving beneficiaries , so theyre not burdened bills at your demise .


Input: What Does Term Life Insurance Cover?

Output: Term life insurance covers you and your family 's -LRB- i.e. your spouse and children -RRB- lives . If you are speaking in terms of illnesses or health issues , then that would depend on the company . Each company has different guidelines and risk classes in reference to what they will accept and will not accept . The amount of coverage is based on your temporary financial needs . If you die from anything -LRB- other than suicide , as mentioned above -RRB- your family will be compensated to financially accommodate their loss . Unfortunately the insurance company can not emotionally accommodate your family 's loss ; but at least they wo n't suffer financial burden as long as you have the right coverage in place .


Input: What Does Term Life Insurance Cover?

Output: Video Transcript : Today 's question is : What does term life insurance cover ? Remember first of all , if we 're using term , it only covers that period in time . If you buy a 20-year term , as an example , it 's only going to cover you for 20 years . If you buy $ 1/2 million dollars of death benefit , you 'll have it for as long as you pay your premiums on time ; you 'll have that coverage . What is it good for ? How does it cover ? It 's going to cover anything that you think that you need . Let 's say , at $ 1/2 million , you had a mortgage at $ 250,000 , you had credit card debt , you had car debt , you had educational debt . You want to cover that so that your spouse or your beneficiaries will not be actually saddled with your debt if something happened to you . When I 'm looking at , ` What does term life insurance ? ' it 's the time zone , how long do I have , what obligations would I have , and how can I relieve my beneficiaries from any of those obligations if something happens to me ?


Input: Does Renters Insurance Cover Rodent Damage?

Output: Homeowners insurance excludes damage caused by insects , pests , and vermin . Rodents would be vermin so there would be no coverage for the damage to the dwelling caused by the rodents . Also rodents would not fall under sudden and accidental as the damage vermin cause is over a time period . Time to call the exterminator unless you can find yourself a good cat .


Input: How Long Is Disability Insurance?

Output: Disability Insurance can be purchased for the amount of years that you want it to provide income replacement if you were become disabled . Short Term Disability Insurance only lasts for about 2 years max . Long Terrm Disability Insurance can cover you for a set number or years , or to age 65 .


Input: Does Home Insurance Cover Windows?

Output: If your window is damaged or broken and it is caused by a covered peril in your policy , then yes , you will have coverage , of course subject to your deductible . Keep in mind that you need to be residing in your home at the time that the damage occurred . If your home is vacant , there would be no such coverage .


Input: Does Home Insurance Cover Windows?

Output: A homeowners policy normally covers broken windows . This coverage is removed when a residence is vacant or abandoned . As long as the damage to the windows is one of the perils that the policy covers , a claim would be honored . The claim would be subject to the deductible which may reduce recovery on a broken window quite a bit .


Input: Is Pet Damage Covered By Renters Insurance?

Output: If you have Homeowners or Renters Insurance owning a pet could be difficult . Depending on the company they will not insured you or cancel the policy the minute you do not disclose the pet . Now regarding damage . Pet damage to your own or other persons property generally wont be covered by insurance companies . The typical policy wont cover dwelling , other structures or content when the loss is caused by an animal under the care of the policy holder.I would contact your company and ask if they provide this coverage . If you are looking for another company make sure you ask also as they may give you the same answer . Thank you and good luck .


Input: How Much Is Health Insurance For A Family?

Output: The cost of health insurance for a family can vary depending on the plan you choose , the state you live in various other factors such as age and smoking status . The quickest way to find out what health insurance costs for a family would be to go to a website for an independent agent that will let you run a quote or you can call us . Our website allows people to be review plans from all the major carriers in under 60 seconds . Click `` other '' on our website to go the the page to run a quote for a family . You can also give us a call at 1-888-407-8664 . We have helped many clients in Texas , Florida , Georgia , North Carolina , South Carolina , Michigan and Colorado find a great health insurance plan for their family .


Input: When Does Insurance Company Write Off A Car?

Output: This can vary of course , but generally speaking , and insurance company will determine a car to be a `` total loss '' if the amount of money needed to repair the damage exceeds the value of the car . A good rule of thumb is that if say the cost to repair your car is in the neighborhood of 70 % of the `` book value '' of that car , it is more likely that the company will total it . This is because in most cases , all of the possible damage can not be identified until the car starts being torn down .


Input: How Do Claims Affect Homeowners Insurance Premiums?

Output: Insurance companies sometimes offer either a premium discount or a reduced deductible for every year that there arent any claims filed against the policy . These discounts can become substantial as claims against homeowners policies are infrequent . When a claim is small the money received -LRB- adjusted amount minus deductible -RRB- might be less than the discounts currently being applied . In this case loss of those discounts would be much greater than the small recovery on a claim .


Input: Can Medigap Insurance Be Denied?

Output: Like the previous agents noted , depending on your enrollment status and any qualifying events , you may be able to get a Medigap Plan Guaranteed Issue ... which means you ca n't be denied . Outside of that , you 'll have to answer health questions on the insurance application . That is why it 's important to work with an independent agent specializing in Medicare Supplement insurance . Independent agents are not employed by the insurance companies , but instead work for you . This is very beneficial because we have access to numerous insurance companies . The health questions with every company are unique ... as is each individual person . Thank you for reading my reply . Please let me know if I can be of further assistance .


Input: Can Medigap Insurance Be Denied?

Output: The short answer is it depends . When you turn 65 and start your Medicare Part B you will get a 6 month window where you can choose any Medigap Insurance Plan you like . There will be no health questions and you can not be denied . After you turn 65 and are past the 6 month window of signing up for Medicare Part B then you can still get a Medigap Plan . With most carriers there will be 10-12 health questions that you will need to answer in order to get approved . Working with an independent agent that specializes in Medigap Insurance will help you to choose the insurance carrier that fits your health situation the best . Most of the health questions are centered around big and recent health issues . I would not be concerned with getting denied I would just contact an expert to help you through the process . Once you have a Medigap Insurance it is guaranteed renewable which means it can never be canceled on you as long as you pay the premiums . I would be happy to answer any other questions you have .


Input: Can Medigap Insurance Be Denied?

Output: If you 're applying for a Medigap plan outside of your initial open enrollment period , you can be denied for coverage depending on your health history and responses to the health questions on the application . The best time to apply for a Medigap plan is during your initial open enrollment period because you can apply for any Medigap plan from any carrier and you can not be denied for coverage due to any pre-existing conditions or other health-related illnesses . The initial open enrollment period is a 6-month window that starts from your Medicare Part B effective date . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage and if you have any other questions . Thanks very much .


Input: What Is A 403 B Retirement Savings Plan?

Output: Religious , charitable , educational , scientific and literacy organizations under IRC Sec . 501 -LRB- c -RRB- -LRB- 3 -RRB- and certain government employers and public school systems may elect to establish 403 -LRB- b -RRB- salary deferral plan . Employer obligations require a written plan , ongoing admin responsibility and fiduciary oversight.In 2013 , the maximum contribute for employer and employee is $ 51,000 and an additional $ 5,500 for those over age 50 under the catch up provision .


Input: What Is A 403 B Retirement Savings Plan?

Output: This is a program created in the internal revenue code that is available to WEBSITELINK WEBSITELINK , and some WEBSITELINK employers . It is treated similarly to a 401 -LRB- k -RRB- plan for taxes . For many years they were known as tax-sheltered annuities although some other investments are now approved . These plans can be written by the sponsor to include the benefits of a Roth plan .


Input: Why Is Life Insurance Cheap?

Output: That is a great question ! Life insurance can be offered at low rates , because the cost of it is spread out over time . The earlier in life that you buy it , the cheaper it is , since you will have longer to pay . Think of it like buying a house - since the payments for the house are spread out over many years , you do n't have to come up with a large amount all at once , same with life insurance . Thanks for asking !


Input: Why Is Life Insurance Cheap?

Output: I am not sure I would call life insurance cheap but it is very affordable for most people . The young and very healthy can purchase life insurance at an amazingly affordable rate . However , as we age , gain weight , health declines and life is more sedimentary , the premiums can really climb for those folks . The best advice is purchase what you need while you are young and healthy and save yourself thousands in premiums over your life time . Remember the actuaries and underwriters are very skilled with predicting a person 's mortality . Take advantage today , we are never going to be any younger or healthier than we are today .


Input: Can You Get Supplemental Disability Insurance?

Output: Yes , you can purchase an individual supplemental Disability Insurance policy . The policy will provide additional benefits beyond what your work policy offers , and will be able to be taken with you if you leave that job . Supplemental Disability Insurance is Long Term Disability Insurance and is able to be purchased over the internet .


Input: What Is The Cheapest Car Insurance In Georgia?

Output: The cheapest car insurance rates in Georgia can be easily found with the help of an experienced broker . That 's what we do best ! -LRB- Along with our top-rated websites -RRB- Among the factors that determine prices are your age , the type of car you own , your coverage and your driving record . Although carriers such as State Farm , Farmers , Liberty Mutual , Esurance , Progesssive and Geico are typically quite competitive , it 's important to shop the right way . Among the cities with the lowest rates , usually , Valdosta , Athens , Brunswick , Cummings and Clayton offer the best pricing . However , specific ages and different types of cars will make a difference in all situations .


Input: What Age Should You Buy Disability Insurance?

Output: It should n't be a matter of age but employment . Disability insurance is paycheck protection . When you begin your employment years , you should purchase long term disability to cover periods of injury or sickness . Most American workers have 90 days in cash reserves against the average disability period of 31 months .


Input: How Many Medigap Plans Are There?

Output: There are 10 standardized Medigap Plans -LRB- A , B , C , D , F , G , K , L , M , N -RRB- . Plans E , H , I and J are no longer available to purchase . In some states , you may be able to buy a Medigap SELECT policy or a High-Deductible Plan F . The SELECT plans requires you to use specific hospitals . The deductible for High-Deductible Plan F is $ 2,140 in 2014 . Plans F , G , and N are widely sold by most Medicare Supplement insurance companies . They are popular with Medicare beneficiaries for various reasons . Plan F covers all Medicare approved charges . You are not responsible for paying any deductibles , co-pays or excess charges . Plan G is covers all Medicare approved charges after you 've met the annual Part B deductible of $ 147 . You have all the same benefits of Plan F after meeting the small deductible . Plan N covers all Medicare approved charges after you 've met the annual Part B deductible of $ 147 . You also have co-pays that are never more than $ 20 to any doctor/specialist who accepts Medicare . If you have more questions about Medigap Plans , please feel free to contact me 1-888-411-1329 .


Input: How Many Medigap Plans Are There?

Output: There are a total of 11 Medigap plans -LRB- when you include the high-deductible plan F -RRB- - plans A , B , C , D , F , Hi-F , G , K , L , M , and N. High-deductible plan F is just the regular plan F , but features a deductible on the plan to reduce the premiums -LRB- $ 2,140 in 2014 -RRB- . Plans F and G are your most comprehensive plans and by far the most popular plans people choose - the reason being that they create the most predictable healthcare expense structure possible for Medicare beneficiaries . In short , you 're paying your premiums and you 're done - you wo n't get hit with any massive hospital bills after an emergency room visit , surgery , examinations , tests , scans , etc. . Plan F is your `` cadillac plan '' that covers all of the benefits at 100 % . Plan G is your second most comprehensive plan as it features the same structure of Plan F , except you would pay the Medicare Part B deductible -LRB- $ 147 in 2014 -RRB- . When you 're deciding between which of these two plans to apply for , look at the annualized premiums of the two options and if you save more than $ 147 in Plan G premiums , it will be the better option -LRB- and vice versa - if it 's less than $ 147 , go with the Plan F -RRB- . 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: How Can I Get A Life Insurance License In Pennsylvania?

Output: To get a resident life insurance license in Pennsylvania , you must have a home or office in Pennsylvania , be of good character , be able to read and write and English , and pass the insurance exam . There is a prerequisite of 24 hours of pre-licensing testing , including 3 hours of ethics .


Input: How Can I Get A Life Insurance License In Pennsylvania?

Output: To get a license all you need to do is sign up for a PA approved course of insurance study - these can be real courses or virtual online courses that you can take in the comfort of your home . When the course is completed you will need to pass an exam in order to receive a certificate of completion . The final step is to sign up to take the state exam in a monitored classroom . If you pass the test - you can apply for your license . Take your time studying the life material . There is a lot to learn and can be very confusing if you rush through it . In my opinion it is the hardest test in insurance . Best of luck !


Input: Is Variable Life Insurance Taxable?

Output: Only in certain situations . Let me explain : If you purchase a variable life insurance policy , or a permanent policy that builds cash value inside it , you are funding that policy with after tax dollars . Meaning , you have already paid taxes on that money -LRB- income tax -RRB- . The money that continues to build and grow inside of that policy is tax deferred . If you decide to take cash out of that policy , lets say to buy a car , that is going to be considered a withdraw . You will only pay taxes on the amount that exceeds your cost basis -LRB- or the amount you have put in -RRB- . So it holds true , the longer you have your policy , the greater the cost basis will be . Instead of a withdraw from you cash account , their is another option to ` loan ' yourself the money . Much like you would from a bank or lender . There are several factors to be mindful of when you make yourself a loan from you policy . For example , if you loan yourself money that is the same amount , or exceeding the amount that is in the policy -LRB- cash in the policy -RRB- , you could be subject to ` income tax ' , which is higher than capital gains tax . There are any moving parts to this question , and is somewhat difficult to give an answer that will blanket everyone . But REMEMBER , the death benefit of the variable policy is paid to the beneficiary TAX FREE . Assuming that their are no estate taxes to contend with . As with any life insurance policy , it is best to set down and speak with a professional on the matter . It 's better to plan and know what to expect than to be surprised by a large tax bill !


Input: What Is Medicare Blood Deductible?

Output: If you 're a hospital inpatient , blood is covered under Medicare Part A . In general , you would n't be responsible for the cost of blood when the hospital gets it from a blood bank at no charge . If the hospital has to buy the blood , then you would pay the costs for the first 3 pints . If you 're an outpatient , blood is covered under Medicare Part B. Similar to blood coverage under Part A , if your provider gets the blood from a blood bank at no charge , you would not be responsible for the cost of blood . However , you may be subject to a copayment for the services provided regarding the blood . If the provider has to buy blood for you , you would be responsible for the first 3 pints . A Medicare supplement -LRB- Medigap -RRB- plan can help cover these costs for you . Consult with an independent insurance agent/broker to find a Medigap plan that 's suits your needs .


Input: Does Aviva Home Insurance Cover Mobile Phones?

Output: Your home insurance would probably cover your mobile phone but it would be subject to your deductible -LRB- the portion YOU are responsible for before your policy kicks in -RRB- which would nORMALLY be HIGHER than the cost of a mobile phone . DO n't you have insurance on your phone from your service provider ? Cheaper way to go and less deductible .


Input: When Does Health Insurance Cover A Tummy Tuck?

Output: As a general rule , a `` tummy tuck '' is viewed as cosmetic surgery and is not covered by health insurance polices . However , obesity is becoming an increasing problem in our nation.This has resulted in a growing number of people who have reached health or life threatening levels of morbid obesity for which they have had either prescription and/or surgical treatments that result in extreme weight loss . In some cases the weight gain has stretched the person 's skin to such an extent that after their extreme weight loss following treatment their skin does not return to normal levels and the person is left with folds of skin which can , in some cases , become sources of medical problems themselves -LRB- e.g. - severe rashes and infections -RRB- . In these extreme circumstances the insurance company may agree that it is an issue of medical necessity that this issue be surgically addressed and the will approve coverage for the removal or lifting of this excess skin tissue . This has been the only circumstance where I have seen an insurance carrier approve what might be construed as a tummy tuck .


Input: What Does A Life Insurance Actuary Do?

Output: Life insurance actuaries : 1 . Determine risk of life insurance applicants based on statistics , 2 . Help determine policy pricing and company reserves , 3 . Help develop new lines of business , 4 . Help develop policy contract provisions , 5 . Provide explanations , advice , and testimony as needed to customers , colleagues , company executives , financial institutions , public agencies , courts , and government workers .


Input: What Does A Life Insurance Actuary Do?

Output: A life insurance actuary is a mortality statistician who calculates human longevity based on medical and behavioral averages and prices those numbers to the companies profitability model . Certain diseases have a degree quantification the can be measured . And although they call their craft actuarial science , there 's significant `` guestamation '' occurring .


Input: What Does A Life Insurance Actuary Do?

Output: An actuary is a professional who deals with risk . Using statistics they develop predictions about bad things that might happen . The larger the base of statistics , the more accurate are their predictions . Life insurance actuaries have centuries of data to tap . Their statistics are invaluable to measure the impact of certain diseases and conditions on life expectancy .


Input: Does Home Insurance Cover A Boat?

Output: No - your homeowners insurance does not cover or extend over to the use of your boat/watercraft . You would need to obtain a separate boat policy to help insure your boat property -LRB- similar to an automobile policy -RRB- as well as liability arising from the use of your boat on the water .


Input: Does Home Insurance Cover A Boat?

Output: If your boat is parked in the garage or on your property and it is damaged due to a covered peril then there may be coverage . For example a Fire in the garage destroys your boat . But as a rule you should carry separate Boat insurance to protect your boat and also to protect yourself for liability in the event of a boat accident .


Input: How Good Is Aflac Life Insurance?

Output: American Family Life Assurance Company , or AFLAC , was rated A + by AM Best in May of 2013 . That is the second highest rating given by AM Best . While many of Aflac policies are group policies , they do sell Life Insurance in individual policies .


Input: Does Critical Illness Insurance Make Sense?

Output: Critical illness insurance can be a wise purchase for many reasons . If you have a good major medical plan you will still have out of pocket expenses for copay 's , deductibles and coinsurance . There will also be expenses that may not be covered under your major medical policy . Critical illness can help supplement these costs .


Input: Does Critical Illness Insurance Make Sense?

Output: Absolutely ! Critical illness insurance is paid in lump sum payments from anywhere between 10 and 500 thousand dollars . While most medical plans cover hospital and medical expenses , it does not cover things such as medical co-pays , transportation to treatment centers , bills , etc. . The lump sum payment allows a person to use the money where its needed most , whether its for medical bills or regular bills . About 20 major illnesses are covered and its perfect for high-risk jobs , non-working spouses and the self-employed -LRB- all people who might have a hard time getting disability insurance -RRB- .


Input: How Are Annuities Used?

Output: There are two major uses for annuities . For a traditional immediate annuity the use is to provide an uninterrupted stream of income that will last until the death of the surviving annuitant . The deferred annuity has a feature that is very useful and that is the deferral of income tax on the earning of the annuity . There are a wide variety of specialized annuities that might serve additional purposes but these are the basic uses .


Input: How Much Is Auto Insurance For A Motorcycle?

Output: In Montana you are not required to have insurance for your motorcycle but it is highly recommended . There are many factorsto determine the rates . From age driving history and type of coverage . I have one client that only pay $ 75 a year for Liability only but they are older and have every discount out there that is possible but I also have a client that has a newer bike full coverage and it is $ 375 a year . To be able to give you a more accurate answer more Information is needed .


Input: Can You Require A Tenant To Have Renters Insurance?

Output: Mr. Erickson has provided useful information here . I would like to add a personal circumstance that I have often shared , in hopes that it will increase awareness of the importance of this coverage . As Mr. Erickson has indicated , a landlord can require that the renter 's policy be a requirement within a lease . Absent a State law that would preclude inclusion of such a clause , it can be a requirement . I saw the value of this important insurance coverage first-hand , when my two Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . Fortunately , no one was hurt but the apartment became totally uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy -LRB- they finally listened to their Father ! ... -RRB- they were reimbursed for all of their burned and smoke-damaged possessions . Additionally , they received full reimbursement for living expenses elsewhere , while restoration was being completed . When the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court , as a frivolous allegation , the insurance carrier provided them a defense for the negligence claim , including the presence of a defense lawyer during the formal hearing . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time !


Input: Can You Require A Tenant To Have Renters Insurance?

Output: Yes , landlords can require renters to carry insurance . It 's actually a very smart decision to add that language to a lease agreement . If a tenant accidently causes damage to their apartment , their insurance would cover it . If anyone is injured because of the accident , their insurance would cover it . Renters insurance is relatively inexpensive , usually starting around $ 15 a month for around $ 25,000 of personal property coverage , and $ 100,000 of liability coverage .


Input: What Should My Homeowners Insurance Cover?

Output: Your homeowners policy should cover the amount it would cost to completely rebuild your home including re-engineering costs . It should be written on an insurance form that is considered `` All Risk '' . All risk coverage will not list what you are covered for , but rather , it covers everything that is not excluded . Typical exclusions include earthquake , flood , wear & tear , maintenance and intentional acts . You should cover your contents , or personal property , with a replacement cost endorsement . This will replace your items in your home rather than depreciate your personal property . Our office recommends at least $ 500,000 in Personal Liability coverage and Loss of Use coverage should you need to live somewhere else while your home is rebuilt or repaired . Hope this answers your question . You should check with your local independent insurance agent . They will help customize your policy for your unique needs .


Input: What Should My Homeowners Insurance Cover?

Output: Your homeowners should cover the replacement cost of your residence against almost every bad thing that can happen . It should cover your personal property contained in the residence with extensions to cover personal property that is away from the residence . It should cover other buildings on the property . The most important coverage is legal liability coverage . The company you select should stand ready to handle a lawsuit against you for bodily injury or property damage . The higher the limit on this coverage the better . A lawsuit can ruin your day . There are limitations , exclusions and restrictions . Read the policy that you are considering but make sure that the agent that you use gives the insurance company all of the correct information .


Input: How Much Does Health Insurance For Employees Cost?

Output: On Employer sponsored group plans the minimum cost is 50 % of the group rate of the employees , which is usually the median rate of the employees added together . But , the employer can elect to pay more than 50 % , just no less of the employees premiums . Ex . you have 5 employees that have an underwritten group rate of $ 200 per month per employee , or $ 2,400 per year x 5 employees = $ 12,000 x 50 % , which is $ 6,000 per year . But , this does not include coverage for dependents or the tax implications . That is just the bottom line dollar cost , before any adjustments , and does not take into account the type of insurance coverage selected . There are several ways to get employee coverage , this example of a group plan is just the most common .


Input: What To Look For In Life Insurance?

Output: Some things to look for in life insurance are price , rating of the company from which you plan to buy the policy , the health rating you would get -LRB- although a lower health rating does not automatically equal a lower price , it can help to go with a company that will rate you lower than another -RRB- , guarantees , and getting the right product for your particular need .


Input: What To Look For In Life Insurance?

Output: What you look for in life insurance will depend on what your specific needs are . If you need temporary insurance coverage , then you should probably look for term policies and compare prices to ensure you get a good price . If you are looking for permanent coverage , or are looking to use life insurance as an asset/cash accumulation tool you should look for policies from companies with strong financial ratings and a strong track record for either paying interest or dividends .


Input: Does Child Support Cover Car Insurance?

Output: Child support is determined by court order . If a vehicle premium was included in the computation then , yes , it is included . The person receiving the child support is free to spend the money as desired subject to court direction . There really isnt a direct relationship between child support and auto insurance premium .


Input: Can You Use PO Box For Car Insurance?

Output: I am not aware of an insurance carrier that would be willing to accept a PO Box as your physical address . Your auto insurance rates are based in part on your geographic location so the carrier must have your physical address for your premise . Many carriers will accept a PO Box for mailing purposes though .


Input: What Is A Medicare Coverage Gap?

Output: `` Medicare coverage gap '' refers to the portion of costs that Medicare does not pay for , leaving you responsible to pay this portion . In general , Medicare will pay for 80 % of your healthcare expenses and you would be responsible for the other 20 % . A Medicare supplement plan -LRB- also known as a Medigap plan -RRB- can cover the `` gaps '' in Original Medicare -LRB- Parts A & B -RRB- . There are 10 different plans . Plan F is the most comprehensive -LRB- also the most expensive -RRB- , while plans G and N offer similar benefit structures , but lower premiums . The major advantage of having a Medigap plan is it creates a very predictable expense structure . Consult with an independent agent/broker to review Medigap plans and how they can help you . If you have any questions or would like assistance , feel free to send me a private message or check out my website , TermInsuranceBrokers.com , for plan benefit information -LRB- a link is available on my profile page -RRB- .


Input: Is Roth IRA Good For College Savings?

Output: Most students start college with little financial preparation . Sometimes parents who have particular objectives will start saving money for their childrens college education , however , that is not common . The result is that college is now one of the top three lifetime expenses for families that send their children to college . There have been several plans advanced to help families accumulate money to send their children to college . You are probably aware of them . The greatest weakness of these plans is that the money is set aside for an individual student . While there may be an opportunity to name another student there isnt a clean way to recover the money without additional taxes and penalties . A Roth IRA has some income restrictions that might make it unavailable . However , it is a simple plan . Contributions to a Roth IRA are made with after-tax money . There isnt an age limit on who can participate . Even if you already have an employer sponsored you can participate in a Roth IRA . If there is a non-working spouse an IRA can be started on his or her account . As I mentioned before there are some income restrictions based upon gross income level . Once the account has been in force for five years the funds can be withdrawn . These funds can be received free of income tax after age 59 and a half . You can pass the Roth IRA tax free to heirs if you have had the account for more than five years . If you use the account to fund college expenses you can withdraw the funds without paying the 10 % early distribution penalty tax . The money that you withdraw from the Roth IRA is free of income tax as long as it is less than the amount that you contributed . Because of the age restrictions a Roth IRA would be particularly attractive to a grandparent trying to accumulate money for a grandchild . A Roth IRA is best started as early as possible . Most people are in a lower tax bracket in their early years and that amplifies the effectiveness of the Roth IRA . Establishing a systematic deposit plan can be quite effective in accumulating money . If the student receives money from a parent or from their own Roth IRA it must be noted on the Free Application for Federal Student Aid -LRB- FAFSA . -RRB- The receipt of money from a Roth IRA can reduce the students eligibility for other forms of student aid . Incidentally , money coming from grandparents is not monitored . An alternative to a Roth IRA might be permanent life insurance . It has many of the same tax characteristics and has the unique feature of plan completion if the person insured dies . Permanent life insurance is also treated differently by the FAFSA . You could check with a college finance officer about that aspect . The advantage of using either a Roth IRA or permanent life insurance is that it gives your flexibility . If the child decides that they want to run away and join the circus instead of attending your alma mater , you still have the money and in the case of life insurance , the policy might serve other purposes .


Input: How Much Is A Medigap Policy?

Output: The price of a Medigap policy depends on which Medigap policy you want to apply for , your age , gender , tobacco usage -LRB- if any -RRB- , your zip code , and whether you 're married and applying together -LRB- for household discounts - available from some carriers -RRB- . You want to compare prices from multiple companies when you 're shopping because Medigap plans are standardized , meaning the benefits are the exactly the same regardless of who you buy it from - the price is the only difference . You should consult with an independent agent who can shop your case among multiple companies and offer you the desired Medigap plan at the lowest possible cost . I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: How Much Is A Medigap Policy?

Output: It 's easy to shop the rates with online quoters . It will vary depending on your age , zip code , tobbacco use , gender , etc. . Also which plan you choose will greatly affect the cost . My own site has a free online quoter you can use . It 's located at WEBSITELINK I recommend doing your research online but always find a local broker to purchase through . You will usually have a much better relationship and Medicare Supplements are not a one time purchase . The broker you buy from is your employee until you choose to fire him . He is your 1st call if you have a billing problem , question , or rate increase . When shopping rates online do NOT enter your correct name , address , phone number or anything to identify you until AFTER you have decided to buy . Most quoting sites look legit but are really data collecting sites that will sell your info as an insurance lead . You will have 50-insurance agents calling you all at once . Only use sites that will quote you the rates and everything you need to research and then YOU choose the agent you want to call . You will have a much better experience doing it that way .


Input: How Much Is A Medigap Policy?

Output: Medigap insurance rates vary considerably by zip code , age , tobacco use and plan . The older you are the higher your Medicare supplement rate will be . The exception is for those who are under age 65 and on disability and Medicare . In most states rates for under age 65 are astronomical . Many carriers offer competitive rates from age 65 to 74 . Above age 74 some plans -LRB- surprisingly -RRB- become more competitive while others less so . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Plan F is the most expensive -LRB- and most popular -RRB- followed by D or G -LRB- depending on your state -RRB- , N then Hi F . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online .


Input: Is Life Insurance A Good Retirement Investment?

Output: That is a great question ! I am often asked this question , and I give the same answer each time - there is a lot of confusion between investments , and life insurance . A good financial plan has two parts , protection , and income builders . Your investments , things like stocks , bonds , annuities , money markets , IRA 's , etc. are hopefully building your income . Things like insurance and your emergency savings account are protections against unexpected or expected losses -LRB- hospital bills , accidents , death , etc. -RRB- . A life insurance policy is therefore not truly an investment , as it only returns when you pass , and therefore is of no value to you , unless it was purchased to offset estate taxes . There are policies out there that are hyped as income building , but if you read the fine print , there are a lot of things that can keep that from happening . -LRB- I do not sell any of them , for that exact reason . I prefer that you keep your money safe . -RRB- Life insurance is an investment in the financial life of those you leave behind , and in your peace of mind . I hope that helps , thanks for asking !


Input: Is Life Insurance A Good Retirement Investment?

Output: A non-modified endowment life insurance policy designed with the lowest cost of insurance can be an excellent option to traditional retirement plans if you have more than 15 years to retirement , if the insured in your family is very healthy , if your present tax bracket is low , if your employer does n't match your 401k contributions , if your employer does n't offer a 401k plan . Permanent cash value life insurance has four policies you should consider : Indexed universal life with access to domestic and foreign indices , Variable universal life with access to separate sub accounts featuring equities and bonds investments , current assumption universal life and participating whole life , which are interest rate credited .


Input: Is Life Insurance A Good Retirement Investment?

Output: Is life insurance a good retirement investment ? Life insurance is part of a good retirement plan . It provides a safety net that allows an individual to assume more risk with other investments . If the question is geared towards one , single product , then any answer for anything would be no . Retirement planning is a combination of products , not a single one .


Input: Is Life Insurance A Good Retirement Investment?

Output: Life insurance gives you what every investment program needs , time . If the interest market is very low , life insurance can compete with CDs and other guaranteed products . The best thing about life insurance is that it creates the estate that you want even before your investments reach your goals .


Input: Is Life Insurance A Good Retirement Investment?

Output: Life Insurance was never set up to be an investment . While the cash value in a good life policy can provide a good safety net and source of savings , never invest all of your funds for retirement in life insurance alone . If you have a low risk tolerance and desire safety then you also need to look at annuities . A Roth or Conventional IRA for example , provided by a good insurance company . Life Insurance is meant to be the foundation for a good retirement , not the entire structure .


Input: Can You 1035 An Annuity To Life Insurance?

Output: No , you can not 1035 an annuity to life insurance . You can do the reverse : 1035 exchange a life insurance policy to a savings or income annuity . But you are not able to 1035 to life insurance . Consult your insurance agent , financial planner , and/or tax attorney for specific information and options for your particular situation .


Input: Does AARP Have Health Insurance?

Output: AARP is a marketing organization aimed at `` seniors '' aged 50 and older . AARP has endorsed health insurance plans , including major medical for those under age 65 . In some areas the endorsed plan is underwritten by Aetna in 2013 . Compared to the Aetna plans available in the open market , you have only a few choices . AARP plans are essentially identical to those you can purchase from an insurance agent . Premium savings on the AARP plans are illusory . In order to create a lower premium some benefits are stripped from the plan vs those available in market Aetna plans . Any time you are shopping for insurance you should compare rates and benefits across a wide spectrum and not just assume plans endorsed by a marketing association or retailer are lower priced and better values .


Input: Does AARP Have Health Insurance?

Output: No , AARP is a marketing organization aimed at seniors and only endorses health insurnance but does not offer health insurance coverage . In my area AARP endorses United Health One which not always has the lowest premium . One might ask why AARP endorses a certain product . It is because the company pays for that endorsement as they pay for advertising or any other marketing method . The consumer must always shop the carriers and the plans to get what best fits him or her . AARP will always mislead the consumer to believe that the product or servce is absolutely the best in price and value which may not be true . Do n't believe it all . Shop !!


Input: How Long Do I Need Disability Insurance?

Output: Typically you need disability insurance to cover the risk of losing your ability to earn a living . Once you achieve the point of not needing to earn income to live you would no longer need disability insurance . This could be from earning a residual income for life , aninheritance , large sell of assetsor simply retiring from work with an ongoing retirement income .


Input: How Long Do I Need Disability Insurance?

Output: Your number one asset is your ability to earn money to pay for the lifestyle you want . Disability insurance is paycheck protection and can generate a good portion of your income if you cant work . Most executive packages include full disability insurance coverage until age 65 . The odds are youll need it once during your working life .


Input: What Is A 457 B Retirement Plan?

Output: The Internal Revenue Code allows certain state and local governments and non-governmental organizations a tax exemption for plans that defer compensation . This exemption is under section 457 . Individuals covered by these plans can chose to defer income to specified limits and thus defer income tax on their contribution and subsequent earnings until the time of retirement .


Input: What Is A 457 B Retirement Plan?

Output: A 457 plan is a deferred compensation , non-qualified tax deferred-compensation retirement plan .457 -LRB- b -RRB- plans are used by state and local governments and 501 -LRB- c -RRB- organizations . 457 plans has similarities to defined contribution plans like 401 -LRB- k -RRB- s , but no 10 % penalty for withdrawals before age 59 . 457 plans are predicted on deferring income .


Input: Does It Make Sense To Buy Whole Life Insurance?

Output: The question to ask yourself is how long you are going to need the coverage . Me personally , I sell more term insurance than whole life and now that companies offer term insurance to age 121 , the issues with losing your coverage does not exist . When I quote life insurance it is term and lifetime term . I do feel that whole life is a good vehicle for life insurance trusts where the premiums are gifted and reduces the taxable estate . I recommend life insurance for the death benefit and not for retirement .


Input: Does It Make Sense To Buy Whole Life Insurance?

Output: Buying whole life insurance can make sense for a lot of different reasons . If you need a death benefit to leave to loved ones that lasts your `` whole life '' certainly this product can accomplish that goal . Whole life is the Swiss Army knife of life insurance plans . The cash value can be used for anything from critical illness money to children college funds to retirement funds . I recommend sitting down with an independent life insurance broker who can help you decide if whole life , universal life or term life will best accomplish your goals within your budget .


Input: Does It Make Sense To Buy Whole Life Insurance?

Output: Owning whole life insurance is a wise decision . The next closest rival is term life insurance and companies dont issue term life insurance policies that extend out to life expectancy . Term life insurance policies rarely pay their death benefit . Whole life insurance has tax advantages not enjoyed by other financial assets . It has legal advantages . It has financial advantages . Term insurance can not offer the major advantages because of its limited duration . If the consumer has needs that continue for the remainder of their lives then whole life insurance is the answer . My experience is that as people advance in age they find more uses for whole life insurance , not fewer .


Input: Does It Make Sense To Buy Whole Life Insurance?

Output: That is an excellent question ! There are several reasons why buying a whole life policy makes sense . One reason is the security of knowing that no matter what happens during your life , the policy will protect those you love . If your health takes a turn for the worse , your coverage remains . It ca n't be cancelled by the company for any reason but underpayment , in most cases , and you are covered as long as you live . Another advantage is that the premium price is fixed , so the younger the age of person insured , the cheaper the policy . And that price does n't increase . My policies still cost me less than $ 10/month , and I 'm a whole lot older than I was when my Dad bought them for me . Yet another is the fact that the payout is known , guaranteed , and left behind as a tax free , probate safe -LRB- almost always -RRB- benefit for your loved ones . The financial people that advocate `` buying term and banking the savings '' ca n't guarantee the same results unless you are ` lucky ' enough to pass while your term policy is in effect . And since statistically the vast majority of Americans ca n't save money , it truly does make sense to have a ` forced savings ' plan like a whole life policy . Lastly , the policy over time builds cash reserves that can be borrowed from should they be needed . These policy loans are typically low interest and quickly done , with very few steps . I 'd ask that you meet with a good independent agent and discuss with them your exact needs for the policy you are looking for ; they can help you find the policy that will suit you best . Thanks for asking !


Input: What Tests Do They Run For Life Insurance?

Output: The tests that are run for most medically underwritten life insurance policies are urinalysis and CBC -LRB- complete blood count -RRB- . These tests look for abnormalities that may indicate heart disease . blood diseases , kidney disease , liver disease , or diabetes . They also test for HIV and the presence of cotinine -LRB- a byproduct of nicotine -RRB- .


Input: Who Accepts Cigna Health Insurance?

Output: Cigna Health Insurance Company has more than one network of providers , meaning just because a doctor or medical facility accepts one Cigna plan , it may not accept all Cigna plans . The best way to ensure your health plan is accepted by your physician is to call the customer service department for a pre-authorization before receiving any treatments . You can also check Cigna 's online provider directory , found at WEBSITELINK however that directory can not always be counted on to remain 100 % up to date .


Input: Why Hire A Retirement Plan Consultant?

Output: Retirement is more critical than ever . There are a myriad of options . But first you have to establish your financial profile and risk tolerance as a saver or investor . Secondly , you need to establish the planning goals . Once you 've done your homework , then its time to start the financial adviser interview . The first characteristic is to only interview advisers who are life insurance , annuity and security licensed so you have access to a variety of products . You want an adviser with experience and a good reputation in your community . Third party referrals are necessary . The adviser should have basic knowledge of taxation , social security and Medicare .


Input: Can I Get Medicare If I Took SS At 62 And Found Out I Have Hepatitis C?

Output: That is a great question ! The Medicare system was set up so that everyone could qualify for it , once they turned 65 years of age . There are no restrictions as to your health status - if you are perfectly healthy you qualify , if you have cancer you qualify . The age limitation is pretty solid though . You mentioned that you started taking your Social Security benefits at age 62 , and if you did so because of a disability that required retirement and early benefits , and have been steadily taking those disability benefits since then you may qualify for the early Medicare exemption . To qualify for it , you will have had to have continuously pulled benefits for two years , and you have passed that mark if so . If not , I 'm sorry to say that they are pretty strict about the age requirement , and you will be unable to sign up until you turn 65 . Good luck , and thank you for asking !


Input: Can I Get Medicare If I Took SS At 62 And Found Out I Have Hepatitis C?

Output: In order to qualify for Medicare you must be at least 65 years old or receiving Social Security Disability for two years . Otherwise the answer to this question would be no . The Hepatitis C would have nothing to do with this unless you are disabled as a result and have been on Social Security Disability for two years as previously mentioned .


Input: Can I Get Medicare If I Took SS At 62 And Found Out I Have Hepatitis C?

Output: If you have been taking Social Security disability benefits for 24 continuous months , you qualify to apply for Medicare.Otherwise you must be at least 65 years old to qualify . After enrolling in Medicare you have a 6 month initial open enrollment period to purchase a Medicare Supplement / Medigap plan with no medical underwriting . After this 6 month period expires you would be subject to medical questions/underwriting to apply for any Medigap/Medicare Supplement plan ...


Input: Can I Get Medicare If I Took SS At 62 And Found Out I Have Hepatitis C?

Output: Your current medical history does n't affect whether or not you would qualify for Medicare . In general , you must be 65 years or older to sign up for Medicare Part A & Part B . At age 62 , you would not be able to qualify for Medicare as you 're too young for the program - the only exception is if you are receiving social security disability benefits for more than 24 continuous months . If you 're receiving social security disability benefits , but have not met the 24 month rule , then you would not be eligible for Medicare . Please note , when you 're new to Medicare Part A and Part B , you activate a 6-month initial open enrollment period to also buy a Medicare Supplement plan -LRB- also known as a Medigap plan -RRB- with NO medical underwriting - meaning even with hep C , you can get one . This is the best time to buy a Medigap plan . After your initial open enrollment period expires , you would be subject to medical questions for any Medigap plan . I hope the information is helpful - please feel free to contact me if you have any questions or need help with your Medicare Supplement coverage - you can reach me via the `` contact me '' button next to my picture . Thanks very much .


Input: Can I Get Medicare If I Took SS At 62 And Found Out I Have Hepatitis C?

Output: You qualify for Medicare Part A automatically at age 65 if you have paid into to Social Secuity for at least 10 quarters . You do not have to pay a premium for Part A . It has been paid for with the Medicare tax paid from payroll deductions from you and your employers during the time your work history . You also qualify for Part B Medicare at age 65 if if you qalify for Part A . You can elect to start Part B or delay it . If you elect to start Part B you will pay Medicare a premium for Part B . The amount you pay for Part B is determined by a sliding scale based on your income . The lowest Part B premium which most people pay is $ 104.90 . Three months before your 65th birthday and three months after is your open enrollment period when you are eligible to enroll in Medicare Part A and B . If you delay enrolling in Part B but stay enrolled in a qualified group health plan you can delay enrolling in Part B without penalty . If you do not enroll in Part B during your open enrollment peroid and are not enrolled in a qualified group health pay you will be charged a 10 % increase in your Part B premium each year that you day your enrollment . You can also qualify for Medicare Part A & B prior to your 65th birthday if your are approved for Disabled Social Security . If you are approved for Social Security based on a disabilty you can apply for Medicare Part A and B 24 months after you started reeciving Disabled Social Security .


Input: How Much Can I Borrow From My Life Insurance Policy?

Output: You can only borrow money from a life insurance policy if it 's a policy that builds cash value - a permanent life insurance program . Permanent life insurance includes both Universal and Whole life insurance programs . Term life insurance does not build cash value and therefore there 's nothing to borrow from . The maximum amount you can borrow is up to the current surrender or loan value cited in the policy at the time you want to borrow from the cash value . Keep in mind , when you borrow money from the cash value , you are creating a loan against the policy -LRB- the funds are expected to be paid back and , much like you do when borrowing from a bank , an interest rate is being charged on the borrowed monies -RRB- . If the insured dies with an outstanding loan , the carrier will deduct the outstanding amount and any interest charges from the death benefit and give the difference to the beneficiary . Consult with your agent before borrowing from the cash value to find out what will happen when you create a loan against the policy and what you 're responsible for .


Input: How Much Can I Borrow From My Life Insurance Policy?

Output: In Canada , he amount you can borrow on your life insurance policy can be as much as 90 % of the cash surrender value . Your insurance agent / broker should be able to get the specific information for you . You should be aware there maybe tax consequences if you borrow in excess of the adjusted cost base . You may want to explore using the policy as collateral at a bank . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Is Pregnancy Covered By Medicare?

Output: I have never seen any exclusion for pregnancy . Most people on Medicare are beyond child bearing years . If a person who is younger and receiving Medicare because of disability gets pregnant the pregnancy would most likely be covered the same as any illness . Under the new PPACA law pregnancy is required to be covered for all female applicants of health insurance .


Input: Which Is The Cheapest Car Insurance For New Drivers?

Output: The cheapest car insurance for new drivers will vary , depending where you live and the type of car you drive . But you could easily save hundreds -LRB- or thousands -RRB- of dollars per year by choosing the right company . That 's what an experienced broker will do for you . Shop , compare and find the lowest rates and save time , money and frustration ! LIVE answer provided by : Ed Harris - Top car insurance broker for more than 33 years and owner of several top-rated websites .


Input: Which Is The Cheapest Car Insurance For New Drivers?

Output: The cheapest auto insurance is always the policy you have in place when you have a claim . If that policy pays to the fullest extent possible , it is a great policy . If it falls short because you have selected limits that are too low , it is better than nothing . In any case it will be better than the policy that you didnt buy . There is so much said about price that it fogs the real issue . You need to have the correct limits . You are most likely to get the advice you require from a trusted insurance agent .


Input: Which Is The Cheapest Car Insurance For New Drivers?

Output: Keeping in mind that cheap is not necessarily the best should you ever need it , I think that one general rule of thumb is that if you are a newly licensed young driver , it will more than likely be less costly to be added to your parent 's auto policy as opposed to having your own . If however , you are going to be purchasing your own car and registering it in your own name , it would be beneficial to talk to your parent 's Insurance Professional about setting up a policy with the same company they have . In many cases you will still qualify for multi-vehicle and multi-policy discounts which will save you money .


Input: Is Home Insurance Required By Law?

Output: Homeowners insurance is not required by law . A lender will require you to maintain insurance as a condition of the loan but once you pay that house off you are under no obligation to maintain insurance on the home and you have the right to self insure . Personally I believe your home is one of , if not , most peoples largest assets and you should maintain homeowners insurance but if you are OK with absorbing any type of loss you are fee to do so . If you do not wish to any longer insure your property I highly suggest you at the very least carry personal liability protection .


Input: Is It Smart To Get Life Insurance?

Output: Do you have loved ones that would suffer financially if you were not around ? Do you have bills that will obligate someone else at your passing , like a spouse ? Would there be an estate tax consequence at the death of you and/or spouse ? Would you desire to make a difference your children and/or grandchildren ? If the answer is yes to any of these questions , then it is smart to get life insurance . Its prudent to get life insurance . And its financial leverage to get life insurance . We can help with that .


Input: Is It Smart To Get Life Insurance?

Output: It is smart to consider life insurance . Life insurance provides financial security and piece of mind . It is unique in providing income tax free cash when it is needed the most . Life insurance offers protection , income replacement , and the chance to leave a legacy . With life insurance , you are protecting the people you care about the most . Life insurance can also protect the business you own . Some of the many things life insurance can do include : Pay burial and other final expenses . Replace income lost due to the death of a wage earner . Pay off debt obligations such as a car loan , credit cards , etc. . Pay off or reduce a home mortgage . Establish a fund to pay for domestic services lost at the death of the primary caregiver . Create an education fund . Enhance an estate to provide for children of a prior marriage . Satisfy divorce related obligations such as alimony or child support . Create a fund to provide care for a loved one with special needs . Pay legal and administrative costs incurred at the insureds death . Provide a source of liquidity to pay state and/or federal estate taxes . Mitigate the impact taxes can have on assets owned in trust . Replace loss due to income tax on Income in Respect of Decedent -LRB- IRD -RRB- assets such as annuities , IRAs , and qualified plan assets . Diminish the impact of marital deduction limitations of a surviving resident noncitizen spouse . Increase the value of transfers of generation-skipping , annual exclusion , and exemption gift amounts . Leave a charitable legacy . Replace wealth left to a charity . Equalize inheritances between business heirs and non-business heirs . Collateralize a business loan . Fund a buy-sell agreement . Stabilize a business at the death of a key employee or owner . Offset the loss of a key employee -LRB- at death -RRB- to the business . Establish a fund to retain key employees -LRB- such as stay-bonus , SERP , deferred compensation -RRB- . Facilitate an Employee Stock Ownership Plan -LRB- ESOP -RRB- repurchase obligation .


Input: Is It Smart To Get Life Insurance?

Output: That is a great question ! There are a whole lot of really good reasons why you would want to get a life insurance policy . Since you are asking , I 'm betting that you 've looked into it a little , and have heard people speak both ways about it . I tell all my clients the same thing : unless you 've got a designated fund that you know that you wont touch set aside for your final expenses , and for the replacement of your income , it is a good thing to have . I hope that helps , thanks for asking !


Input: What Counts As A Modification For Car Insurance?

Output: A modification is typically anything that was not part of the original manufacture of the vehicle . Each carrier and policy will have its own standards as far as to what is acceptable when it comes to identifying a modification for coverage under a standard auto policy . Please read your policy completely to understand the coverage provided and exclusions contained within .