Input: Who Must Offer Health Insurance?

Output: There remains a lot of confusion over this issue in the wake of the passing of the health care reform law -LRB- ObamaCare , the Affordable Care Act -RRB- and justifiably so . Technically speaking , ObamaCare does not force any employer to offer health insurance to their employees , their is no criminal penalty for failure to do so . That point made , the Affordable Care Act consists of a mix of tax incentives and tax penalties to supposedly induce employers to provide health insurance for their employees . First of all , for employers with 2 to49 employees there are no tax penalties at all for failure to provide health insurance to their employees . A tax credit is offered but with enough limitations associated with it that only a tiny percentage of small employers have ever taken advantage of it . For employers who are at and above the 50 full time and/or full time equivalent employee level they will be the ones who will be faced with tax penalties for failing to provide health insurance and/or failing to provide affordable health insurance to their employees . The first employers to be impacted will be those with 100 or more full time employees in 2015 . Then , starting in 2016 , employers in the 50 to 99 employee range will be subject to the same tax penalty . The tax penalty will be $ 2000 per employee per year and will be a non-deductible business expense . Not surprisingly , the situation is more complicated than I have just described but there is not space here to go into all the details involved . Suffice it to say , this is an issue of great concern to many employers , especially ones who have not offered health insurance to their employees or a large segment of their employees in the past . The restaurant , hospitality and trucking industries are some common examples of industries that can expect to be adversely impacted financially by the tax penalty . For consultation on this issue please feel free to contact me .


Input: How Much Is House Renters Insurance?

Output: Renters insurance is one of the most inexpensive policies you can get . The premium will vary by the amount of coverage 's you are looking for and location but in most cases your looking at less then $ 200.00 for nominal coverage 's and potentially less . Check with your auto insurance provider for additional discounts .


Input: How Much Is House Renters Insurance?

Output: House renters insurance is priced according to the amount of coverage you desire . Policy limits are usually a flat amount . . say $ 25,000 or so . It is best if you can combine renters insurance along with auto coverage if you have a vehicle to cover . The discounts you are elgible for can be substantial if you package these two coverages . I also suggest to contact an experienced independent agent who can offer you qotes from several insurance carriers . They will do the comparison shopping for you . Good luck !


Input: Who Buys Annuities And Who Is Likely To Buy Them?

Output: For long term savers and some investors in high tax brackets , the tax deferral feature to accumulate money is a significant reason for purchasing annuities . Tax deferred annuities have three crediting methods : fixed interest rate , index performance and separate sub accounts using equity and bond investments . Annuities have a variety of payout options like 10 or 20 years certain , even life time income .


Input: What Happens If Life Insurance Beneficiary Is A Minor?

Output: If a beneficiary is a minor the money would be placed in a trust until the child reaches 18 , in most cases . I do not recommend leaving life insurance proceeds to a minor child . It would be better to either establish a trust or leave it to a trusted family member with instructions that the money be set aside and used for the child . A trust would be the safest way because you can spell out how the children receive the money .


Input: What Happens If Life Insurance Beneficiary Is A Minor?

Output: If a life insurance beneficiary is a minor , the court will appoint a guardian to handle the money for the child until they reach the age of 18 or 21 , depending on the state . If you want to select that person yourself , you can name a property guardian in your will , or name an adult custodian for the life insurance proceeds under the Uniform Transfers to Minor Act -LRB- UTMA -RRB- .


Input: What Does A Life Insurance Blood Test Look For?

Output: A life insurance blood test is mainly looking for signs of illness , nicotine , or drug use . Many people are unaware that they have a health condition when they apply for life insurance . Life insurance exams periodically expose type 2 diabetes or high cholesterol , and enable the applicant to be treated before serious damage results . And , of course , there are those who try to hide drug or nicotine usage . So those three things are the main thing a life insurance exam looks for .


Input: How Long Does Long Term Care Insurance Pay?

Output: Long term care insurance policies differ from company to company and sometimes by state because the price for assisted living and nursing home confinement costs differ . In Arizona my long term care insurance policy pays 7,000 a month for a total benefit of $ 420,000 or 60 months of coverage .


Input: How Long Does Long Term Care Insurance Pay?

Output: Long Term Care Insurance policies will pay for as long as they are set up to pay , or they will pay for as long as it takes to use the lump sum benefit up . E.g. . If someone purchases a plan that adds up to a total benefit of $ 100,000 , and if their cost to hire a relative to live with them is only $ 20,000 per year , the benefit can last 5 years . If they go to a nursing home , that benefit might only last 2 years .


Input: Which Is The Best Critical Illness Insurance?

Output: There is no one critical illness carrier or product that is the best option for all situations and all people . Because of the variations in products and the variations in needs , we can not declare one the best for everyone . You 'd be best suited to seek out the advice of an agent who is licensed in your state to discuss what options are available and determine which critical illness product is best for you .


Input: Where Did Life Insurance Originate?

Output: Some historians say that the burial fund used by Roman solder was the first use of a type of life insurance . Life insurance as we know was a direct result of Sir Edmund Halley , of Halley comet fame , who as a mathematician created the first actuarial table . That table still serves as the framework for actuarial science today .


Input: What Kind Of Life Insurance Does Dave Ramsey Suggest?

Output: Great question . Dave Ramsey on his radio show that i listen to when I am in the car he like term life insurance . He like 20 year term life . That is good life insurance for the least cost . If you die in the term lets say year 19 you passed away the policy would pay your kids or wife the death amount .


Input: What Kind Of Life Insurance Does Dave Ramsey Suggest?

Output: That is a great question ! Dave Ramsey believes that there are some kinds of insurance policies that you definitely should carry , but Life insurance is not necessarily one of them . I believe that his take is that if you have done your finances right , there is no need for life insurance , you pay your funeral costs out of a cash fund set aside for it . You cover debts with short term policies if needed . I agree with a lot that he suggests , but I 'm not sure that I agree with this one . Who has a savings account big enough to cover your missing income , and cover your final expenses that wo n't get touched ? Certainly not the majority of Americans.A recent study showed nearly 60 % of Americans have less than $ 3000 savings . Life insurance makes sense for them . Thanks for asking !


Input: Who Can Access My Medicare Records?

Output: That is an excellent question ! Thanks to the Patriot Act , your personal privacy has become much more protected . Legally , other than the provider themselves , no one can look at your records unless you authorize them to . That said , you might want to start looking at the small print before you sign things , as you 'd be surprised at how many companies are interested in your health status . Be sure to look before you sign . Thanks for asking !


Input: Who Can Access My Medicare Records?

Output: Whoever you give permission to . When applying for insurance , you authorize insurance companies to review your MIB -LRB- Medical Information Bureau -RRB- They may make a determination on your insurability to get insured . The MIB is somewhat like a credit check on your medical information . You provide answers to medical questions during the application process . Then insurance company then reviews that information . Depending on any health conditions , the insurance company my request a APS -LRB- Attending Physcians Statement -RRB- You have to give consent for your doctor to release information to the insurance company with whom you applied with . Hope this helps !


Input: How Long Does A Life Insurance Payout Take?

Output: Life insurance proceeds from a death claim generally takes between 30 and 60 days after the paperwork has been collected and review by the issuing life insurance company . The company has a form that needs to be completed along with the certificate of death and newspaper obituary . It may take longer , if the claim occurred in the first two years of contestibility .


Input: How Long Does A Life Insurance Payout Take?

Output: A life insurance payout can take from days to months . It will go fastest if you can send the certificate of death to the insurance company right away , if the policy is with the original company from which it was purchased , and if all the information on the policy is correct . It also makes a difference on the insurance company and how quickly they process their claims .


Input: How Long Does A Life Insurance Payout Take?

Output: How long does a life insurance payout take ? From days to months depending on the situation . I have had million dollar payouts in 4 days before , because we provided everything for the claim to be paid up front . Usually you are required to provided a certified copy of the death certificate and any provisions the policy may have required . The insurance company pay interest on the payout from the date of death to the date of delivery .


Input: Do I Need A Medigap Policy?

Output: I ca n't say that anyone really `` needs '' a Medigap plan but it is a good idea . Original Medicare only covers about 80 % of your hospital and outpatient charges . Seniors with a healthy bank account may not need or desire to purchase a Medigap -LRB- supplement -RRB- plan . While you may be healthy now , your health can change at any time . If you are hospitalized 3 times during a calendar year for unrelated medical conditions you will have to pay a deductible of $ 1184 -LRB- 2013 Medicare Part A deductible -RRB- for each admission . Medicare Part B outpatient charges can become expensive as well . After you have paid the calendar year Part B deductible of $ 147 -LRB- for 2013 -RRB- you are responsible for 20 % of the remaining charges not paid by Medicare . An $ 800 CAT scan can leave you owing several hundred dollars . Your 20 % share of Part B expenses has no upper cap . Medicare supplement plan F covers 100 % of approved Medicare Part A and Part B charges . Do you `` need '' a Medigap plan ? Only you can decide , buy for most it is a wise choice .


Input: Do I Need A Medigap Policy?

Output: Medicare was not designed to cover all of your medical costs . There are some deductibles and coinsurance costs . Generally , for most things , after the deductible is met , your cost will be about 20 % . If you are comfortable with that exposure , which has the potential to run into 10 's of thousands of dollars , then you do n't need a Medigap policy . However , Medigap policies are very affordable and can reduce your exposure to near zero . Therefore , it makes sense for most people to choose a good Medigap policy .


Input: What Is The Interest Only Option In Life Insurance?

Output: The interest only option in life insurance is a settlement option for those who are the beneficiaries of life insurance proceeds . Beneficiaries often have the option of taking the policy proceeds in a lump sum , or in installments over a set period of time . The third , `` interest only '' option , consists of the insurance company hanging onto the death benefit and paying the beneficiary interest at regular intervals . The beneficiary can withdraw money from the death benefit as desired .


Input: How To Get Medicare To Pay For Oxygen?

Output: If your doctor certifies that you need oxygen due to medical conditions such as emphysema , COPD , etc. . Medicare Part B will pay for rental of oxygen equipment . You should choose a Medicare approved DME -LRB- durable medical equipment -RRB- provider that accepts assignment in order to minimize any excess charges that will increase your out of pocket costs .


Input: How Does Dual Health Insurance Work?

Output: I presume you are asking about a situation where a person has health insurance through their employer and is also covered as a dependent under their spouse 's or perhaps parent 's health plan . In these increasingly rare dual coverage situations a process called coordination of benefit applies . The general rule is that the person whose birthdate comes earliest in the year has the policy that it primary -LRB- first to pay onthe claim -RRB- and then the other policy pays in a secondary capacity covering what the primary policy has not paid -LRB- subject to the coverage terms of both policies -RRB- . In no case can the total amount paid by both policies exceed 100 % of the health claim amount .


Input: How Does Dual Health Insurance Work?

Output: By `` dual health insurance '' I will assume you are referring to a situation where a husband and wife each hold jobs with different companies and both jobs offer health insurance . Dual coverage almost always is a waste of money . Health insurance has a COB -LRB- coordination of benefits -RRB- clause that is designed to prevent overpayment . When a claim is submitted each carrier decides who is primary and that carrier pays first . The secondary carrier then reviews the claim and pays their portion if there is any liability . More often than not the secondary carrier pays little or nothing but between the two they will not pay more than 100 % of the claim amount . In other words , you will not `` profit '' on the claim and COB often is a delay and hassle .


Input: Does Medicare Require A CMN For CPAP?

Output: For treatment of sleep apnea Medicare does require a CMN -LRB- certficate of medical need -RRB- form to be completed by your doctor . The patient must have seen a doctor prior to the sleep study test . The patient must have completed a Medicare approved sleep study test The patient must have had training fomr the CPAP provider on the use and care of the machine


Input: Who Provides The Best Health Insurance?

Output: This is a totally subjective question because `` best '' can be defined in different ways by different people . Some define it by monthly premium cost , some by the level of benefits , others by the provider network offered and most people define it by some combination of all of these factors . In Tennessee , from a service perspective I would argue there really is no best insurance carrier . I have individual clients and small group clients with all the carriers in this state and from the aspects of paying claims , producing ID cards , having service issues , etc. , no insurance carrier really stands out from the crowd . As far as these aspects of the consumer experience go the insurance carriers have in many ways become a commodity . In the individual health insurance marketplace in Tennessee in 2014 , Blue Cross/Blue Shield of Tennessee will generally enjoy the price advantage in most product categories and age bands . However , especially if a consumer is trying to purchase through the government marketplace -LRB- which as of the April 2nd date I 'm writing this is closed except for people having a change of life status event -RRB- there is definitely a `` buyer beware '' warning I must give . The lowest cost plans you will see will largely be BC/BS plans in the Bronze category and the product designation will often be followed by an `` E '' . The Bronze plans are all high deductible plans , generally $ 4000 to $ 6350 and few , if any have office visit or prescription drug copayment features . This means that in addition to your monthly premium you are paying for virtually all of your health care expenses out-of-pocket until you have met your plan 's deductible . If you 're the lucky type or have a next egg of a few thousand dollars you can always tap into then these plans may be a good fit for your needs . Also , the lowest cost plans with the `` E '' designation use a narrow PPO network which means you have a reduced choice in the doctors and hospitals that are in-network . This arrangement can be especially problematic for persons who live in more rural areas and may find themselves some distance from an in-network hospital for instance . Purchasing health insurance in 2014 and beyond has become more complicated not less . A smart consumer should seek the guidance of an experienced and qualified health insurance agent to guide them to the health insurance plan that best meets their individual needs . Marlin McKelvy Consumer Directed Benefit Solutions www.cdbsagency.com


Input: What Are Dead Peasant Life Insurance Policies?

Output: Dead peasant life insurance policies are life insurance policies taken out by a business on all the employees working for that business . The beneficiary of those policies is the business . Sometimes the employees are not informed that a life insurance policy has been taken out on them . This type of policy is not common any more . Rather , most group life insurance taken out for employees allows them to choose their own beneficiaries . If there is a policy owned by the business , is it usually taken out on key employees so that the business can replace them in the event of their demise .


Input: How Much Will Government Health Insurance Cost?

Output: When you say `` government health insurance '' if you 're referring to Healthcare Reform , or `` Obamacare '' , the rates depend on many factors - such as age , who is on the policy , zip code , which plan you buy , etc. . There will be subsidies as well - so it depends if you 're eligible for a subsidy . In reality , the actual rates have not been published yet , and wo n't be made public until open enrollment , starting 10/1/13 .


Input: Who Created Car Insurance?

Output: Car insurance was not invented by a lizard . A principle behind insurance , any insurance , is shared risk . Insurance was being written before the invention of the automobile . Ships were insured . Because both an automobile and a ship move and carry things the transition was simple . In more recent times there has been a continuous effort to have auto policies issued by various companies provide the same basic coverages . So you could say that auto insurance is still being invented as automobiles change and the environment in which they operate changes .


Input: Does Health Insurance Reduce Taxable Income?

Output: Yes , though there are significant differences between the treatment of health insurance premiums for tax purposes for persons with individual and group health insurance policies . If you are self-employed and purchase individual health insurance then this expense can be deducted directly on your Form 1040 as an adjustment to income . This will help reduce your taxable income and thus your income tax , it will not , however , reduce your self-employment tax . For the self-employed using a high deductible plan paired with a Health Savings Account -LRB- HSA -RRB- then amounts contributed towards the HSA also reduce your taxable income while setting aside tax sheltered dollars for future use . Of course , other medical expenses not reimbursed by health insurance are a deduction as well but these expenses must exceed 10 % of your Adjusted Gross Income , a very high hurdle to clear unless you are dealing with some very serious , high cost health problems . The higher 10 % threshold is one of the consequences of the Affordable Care Act as the threshold was previously set at 7.5 % . For employed persons who get employer sponsored health insurance the income tax impact is usuallyexperienced through the use of an employer sponsoredSection 125 plan . Section 125 of the IRS code allows for employee contributions towards health and other eligible insurance plans to be taken out of the employee 's paychecks on a pre-tax basis . Deducting employee contributions on a pre-tax basis reduces the employee 's gross income and thus lowers their net taxable income resulting in lower Federal income tax , Social Security tax and state income tax -LRB- if applicable in your state -RRB- withholding amounts by an amount roughly equivalent to the employee 's tax bracket . Eligible medical expenses not reimbursed or covered by the employer based health plan are a deductible expense though they are subject to the same 10 % of Adjusted Gross Income threshold as described previously.Employee contributions to a Health Savings Account for an employer sponsored HSA eligible high deductible health insurance plans reduce the employee 's taxable gross income in the same way was described in the previous paragraph . Of course , you should discuss your particular tax situation and strategy with you CPA and/or tax lawyer as everyone 's situation is unique .


Input: What Is The Purpose Of Whole Life Insurance?

Output: The purpose of whole life insurance is to provide guarantees . You know what ? It does a very good job at this . Guarantees are a godsend in a financial world in which cycles and ups and downs and cost increases are the norm . Its nice to have a product you can truly count on . These guarantees come in three delicious flavors : Flavor number one : a guaranteed premium . As you get older , your price stays the same . As it costs more for the company to insure you , your price stays the same . If the company has a bad investment year , or two , or three , your price stays the same . Thats good . But theres more . Flavor number two : a guaranteed death benefit . You see all those variables mentioned in number one above that could affect your price but dont ? They could also affect your death benefit . But they dont . Neither your age , nor their increasing cost , nor their poor investment performance can reduce the benefit you were leaving to your heirs . That is really good . But we have one last delicious flavor : Flavor number three : a guaranteed cash accumulation . Do yourself a favor and compare the guaranteed growth of cash inside a good whole life contract with other so-called guaranteed investments out there . You will notice that whole life basically beats the pants off the competition in this regard . Of course , you always have to be wise about taking money out of life insurance , and make sure you dont reduce your death benefit to an undesirable amount . But given that , whole life can make a real valuable contribution to the conservative portion of your financial portfolio .


Input: What Is The Purpose Of Whole Life Insurance?

Output: what is the purpose of whole life insurance ? Whole life insurance has many purposes for many people . They do n't even have to have the same needs . I can speak as to why I own whole life , I own Whole life because I wanted my life insurance to be inforce when I die . I wanted a safety net for my other investment activities . I wanted control of my policy . I wanted something that will not go backward , once the money is there , it is there . I wanted not to have to buy life insurance later in life as the price no matter what type of policy goes higher . I wanted something that would not end , until I do . Those are just a few of the purposes behind my decision 25 years ago to buy whole life , and I forgot to mention I wanted a locked in premium .


Input: What Is The Purpose Of Whole Life Insurance?

Output: The simple answer to your question is , whole life is designed to be in force when you die , regardless of when death may occur . With term insurance , most term policies expire before the policyholder does . Whole life is useful for estate planning purposes and anytime you want to make a charitable bequest .


Input: What Is The Best Long Term Disability Insurance?

Output: There are many disability insurance companies worth reviewing . Some of them have niche markets ; others are recognized industry standard bearers like Standard of Oregon sold in the brokerage distribution channel . Mass Mutual is another disability company worth noting and is sold in the career distribution channel .


Input: What Is The Best Long Term Disability Insurance?

Output: The short answer is the best term disability policy is the one in force when you become disabled . There is no one long term disability policy that is better than another . The things to keep in mind when shopping for coverage is to purchase the maximum monthly benefit , most companies go up to 70 % of your current income . Be sure to purchase a plan that pays to age 67 , since social security age limit has been raised for most of us . Lastly , use an experience independent broker who can shop multiple carriers to find you the best coverage at the best rate for your unique situation .


Input: How Soon Does Car Insurance Start?

Output: Car insurance can start very quickly . Typically , when you apply for coverage , you provide information regarding yourself and the vehicle that you will be driving . Other family member driving information may need to be provided . An underwriter quickly reviews the information and it 's not unusual to be approved the same day ... and sometimes , almost immediately .


Input: Is Auto Insurance Required In Every state?

Output: This is best checked with your Insurance Professional in your particular state but I am venturing a pretty educated guess that these days , most if not all states require auto liability insurance in order to register and maintain registration . Now , usually each state can set a basic minimum amount of liability insurance and so that amount can vary by state .


Input: Can I Drive A Car I Just Bought Home With No Insurance?

Output: Very rarely will a reputable car dealership even let you leave the lot with out proof of insurance that is full coverage . Even if you traded in your old car with a new car and the old one had full coverage on it you have limited coverage for the new car with some carriers it will only cover the amount of what the value was for the old car you traded in . I would recommend always prior to even shopping for a car you shop for the insurance rates on the new car and make sure you are properly protected .


Input: Can I Drive A Car I Just Bought Home With No Insurance?

Output: You can drive a car home you just bought that has no insurance . But you should n't . In fact , the dealership typically will verify that you are covered . However , if you are adding or replacing a vehicle on a policy in good standing , you may be covered anyway when you drive the new car home .


Input: What Do Insurance Companies Base Renters Insurance On?

Output: How a renters policy is rated is no different than how any other homeowners policy is rented . There are several factors that go into the rating mechanism : Where you live - how far to the nearest fire station and fire hydrant The construction of the building - is it a brick building or a frame building -LRB- which do you think burns easier ? -RRB- Safety features - smoke alarms , deadbolt locks , fire/burglar alarms , sprinklers Your personal Property limit -LRB- your stuff -RRB- - the higher the values , the higher the premium Your personal Liability Limit - again , higher limits , higher premium Personal circumstances - age , credit score , claims history Renters insurance is really just a homeowners policy without building coverage . It 's coverage for you and your stuff . The cost of renters insurance is usually much lower than a homeowners policy because a lot of the premium is generated by the cost of the building . Some guidelines to get the right renters coverage . Get a good handle on what it would cost to replace your stuff . A good agent can help or you can go to Allstate 's website and use their tool -LRB- no , I 'm not an Allstate agent , I just like their tool -RRB- . Secondly , choose a higher liability limit . I usually quote at least $ 300,000 but prefer $ 500,000 or more . The cost is very negligible . Be smart , find an agent you can trust and take their advice . If you do have a claim , you 'll be happy you did .


Input: How To Get Medicare To Pay For A Scooter?

Output: Motorized scooters were the `` hot '' thing a few years ago . TV ads , magazine ads , they were all over the place . The largest distributor of scooters was The Scooter Store . Promises of a free scooter even if Medicare did not approve your claim led to a flood of fraudulent claims . The Scooter Store filed bankruptcy as a result of a federal investigation . You can still qualify for a scooter but the tests are quite strict . A Certificate of Medical Necessity is required .


Input: When Does Medicare Part B Begin?

Output: If you signed up for Medicare Part A & Part B during your initial enrollment period , then your effective date will be either the first of the month you turn 65 -LRB- this is the case for most individuals -RRB- or 2 or 3 months after -LRB- if you signed up after the month you turned 65 -RRB- . If you decided to wait because you were still working -LRB- e.g. on a group health plan through your employer -RRB- , then you may be eligible for a special enrollment period and set up an effective date for the first of the following month -LRB- you 'll likely need to complete the Part B enrollment at your local social security office -RRB- . If you decided to wait on signing up for Part B and do not have a special enrollment period , then you would be looking at signing up during the general enrollment period -LRB- January 1-March 31 of each year -RRB- . If you 're signing up during this window , then your effective date would be July 1 .


Input: Can You Register A Car Without Insurance?

Output: If you register the vehicle as non operational then you may register the vehicle without insurance . Now I am in California but I am not aware of the rules being any different in any of the other states . You must have insurance in order to maintain a valid registration .


Input: Does Variable Universal Life Insurance Work?

Output: It 's a great policy as long as you understand what you are doing with the cash value that is being generated . A portion of your premium is being invested for you in stocks / mutual funds etc so you need to understand where the money is being put and if that is a good investment . You can earn a lot or lose a lot with those types of policies . It 's essentially a life policy with a certain face along with an investing platform and just like stocks you can gain / lose a lot of money .


Input: Does Variable Universal Life Insurance Work?

Output: Yes , it can . . or it can fail . When a person decides a Variable Life policy is the choice of plans they want , they must realize they are making a commitment to monitor and track and adjust that policy for the life of the policy . A Variable Lfie Policy is not a purchase , put away and forget till you have a death claim policy . If a preson does that , there is a strong chance the policy wo n't be there . A VUL requires review and action -LRB- like rebalancing -RRB- on a consistent level through the life of the policy . While this may sound like a chore , it is also what can create the advantage of using a VUL in your portfoilio . The ability to adjust the investment part of the policy to take advantage of market opportunities . If you are considering a VUL as a purchase , ask yourself if you are willing to pay attention to your policy and make adjustments as needed during the life of the policy to make it work for you . If that sounds like too much work , a VUL is not a choice for you . No worries , there are other choices out there that can help you too .


Input: Is Metlife A Good Life Insurance Company?

Output: MetLife is rated A + by AM Best , which is the second highest rating offered by AM Best . MetLife has the most life insurance policy in force in North America . To get a quote for MetLife life insurance , you can go to a quote engine that offers that product , and compare MetLife 's rates to other insurance companies that are rated A + .


Input: Does Medicare Cover Cialis For BPH?

Output: Unfortunately , Medicare does not cover Cialis for BPH -LRB- benign prostatic hyperplasia -RRB- . The FDA approved Cialis for the treatment of enlarged prostate symptoms in 2011 . However , Medicare does not cover Cialis for BPH , erectile dysfunction , or other medical conditions , either through Part B or through Part D prescription drug plans .


Input: What Is Hybrid Term Life Insurance?

Output: Hybrid Term life insurance is Term Life insurance has a second type of insurance combined with it . E.g. . A Hybrid Term Life policy might be a blend of traditional Term insurance combined with Accidental Death or long term care benefits . Fidelity Life offers a Hybrid Term Life insurance policy that allows you to get nearly instant Life coverage combined with Accidental Death coverage . Then after you take an exam , the policy becomes 100 % traditional Life coverage . Hybrid life insurance can be a good way to get two types of coverage in one policy at a lower price than if both were purchased separately . Or as in the case of Fidelity Hybrid Term insurance , it can be a way to get quick coverage at a reasonable price , and be able to take your time in changing it over to a pure Term Life policy .


Input: Who Is Covered On Home Insurance?

Output: Homeowners insurance will cover the named insured and any family members who live in the house . It will also cover visitors belongings and any property you have stored in your house for another person . If a non-family member lives with you and is a permanent resident then you may want to include them as an additional insured on your policy . It will also cover anyone who is injured on your property and files a lawsuit on the liability prortion of your policy or a visitor who is injured and needs medical attention under the Medical pay portion of your policy .


Input: What Is The Best Life Insurance In Ohio?

Output: The best life insurance in Ohio depends on what you are looking for . If you are looking for the rating of the company , then New York Life , Northwestern Mutual , and TIAA-CREF had top ratings from all the main rating agencies in 2012 . However , there are many companies that are just a rating or two off from those and still are outstanding companies . If you are looking for the best features , there are many companies that have guaranteed death benefit at a guaranteed price , conversion options , and a variety of riders from which to choose . If you are looking for the best price , that depends on your age , sex , tobacco status , health , face amount , type of policy , and other risk factors . Contact a website or agency that sells life insurance in Ohio to get your best life insurance rate .


Input: Can You Lose Money With A Variable Annuity?

Output: Can you lose money with a variable annuity ? Yes , because you 're buying a product that allows you the opportunity to make more money than a fixed or even an indexed annuity can offer . So with the opportunity of greater gains also comes the possibility of greater loss . If you were to choose a Variable Annuity as an investment choice , it would require you to pay attention and make adjustments as you go . A Variable Annuity is not really a product that you buy and forget about till you need it .


Input: Can You Lose Money With A Variable Annuity?

Output: The variable annuity is a contract based upon your selection of investment options . This contract has the highest possibility of gain and the highest possibility of loss . The performance of the underlying securities determines results . There are specific situations where a variable annuity might be a good option . It would be a good option if your concern was inflation .


Input: How Much Is Annual Homeowners Insurance?

Output: The most affordable and best homeowners insurance can be found online . For consumers that know what they want and are simply searching the best rate , the best option is to find great home coverage at a cheap rate . Home Insurance premium varies in all geographic areas as the price of insurance fluctuates commensurate with the loss experience in the general area ; also , the premium will vary based on the age of dwelling , reconstruction value of home and optional coverage required by the insured . There is a link providing an online format to obtain a quote and buy home insurance online in multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: How Much Is Annual Homeowners Insurance?

Output: Insurance quotes are a very detailed process which will require first finding out which insurance companies write policies in your area . Contacting insurance agents local to your area is the best way tO search . I always feel quoting with more than one insurance carrier is best . An independent agent in your area can usually quote you for three or more carriers at one time . Also , if you search for independent agents online that write insurance in your state you can get multiple quotes . Once you select an agent , you will be asked for personal information , claims history , and information specific to the home . The more you know about your home the better off you will be . Additionally , remember to get replacement cost coverage , a water backup endorsement if you have a basement , schedule any valuable personal property especially jewelry , and ask about any other coverage endorsements they have available . Request the quote in writing , so that you have the ability to review the coverage and its associated cost .


Input: How Much Of Life Insurance Do I Need?

Output: There are three components to determine life insurance coverage : total financial debt , future obligations and charitable intent . Total debt includes things like mortgage , second mortgage , auto loans , student loans and credit cards . Future obligations include things like childrens education , weddings and retirement . Charitable intent includes nonprofit organizations and making a difference for your children . But the most important factor is your human value measured in your lifes earnings until retirement . These items would indemnify your beneficiaries in the event of your demise .


Input: How To Determine If You Need Long Term Care Insurance?

Output: Ask yourself these questions : Do you own your home ? Do I want to pass it to my family ? What about my other assets ? If I had to go to a nursing home do I want to have to spend down my assets to qualify for Medicaid ? What will my family do if this happens ? Proper planning can help insure that when your time comes that you need care your family will not have to suffer the burden of taking care of your personal needs . Help will be available to allow you to stay at home rather than being forced into a nursing home and losing all your hard earned money and assets . Talk to a good Care Resource Planner familiar with not only Long Term Care Insurance , but also Medicaid , Veterans Benefits , and other sources that could save you literally thousands of dollars .


Input: When Are You Exempt From Medicare Levy?

Output: You are exempt from Medicare levy in Australia when you are not eligible for Medicare at all , if you meet one of the medical conditions outlined by the Australian Taxation Office , or if you were a foreign resident or a resident of Norfolk Island for a full year -LRB- 365 days -RRB- .


Input: How Long Does It Take For Life Insurance To Pay?

Output: It takes Life Insurance anywhere from a couple weeks to a couple months to pay , once they have the certified death certificate and completed death claim form . Some companies are faster than others , and if there is a glitch with wrong address or something , that will slow it down . But for the most part , it is just the time it takes for processing and they try very hard not to drag it out .


Input: Can Long Term Care Insurance Premiums Be Deducted As Self Employed Health Insurance?

Output: If you own a business and your business form is a C Corporation , if you pay your LTC premiums through your business , 100 % of the premium paid will be tax deductible . If you are an S Corp. , LLC , Partnership or Sole Owner , a portion of the premium may still be tax deductible to you .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: There is another way to look at the issue of cost . The cost for not having a whole life policy is that there will not be a death benefit paid by the company to your loved ones . That cost might be significant if it results in displacing your family , forcing them to forgo their plans for education and advancement . The cost could be tremendous . On the flip side , most life insurance policies that end in a death claim pay out much more than they ever collected . Additionally , during the life of the insured , there was a certain amount of peace of mind , knowing that those who are loved are protected by the policy .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: Over the lifetime of the policy a whole life policy will usually cost much less than the death benefit . As a matter of fact , many whole life policies cost almost nothing by the time they reach their 20th year or so . Whole life insurance is the most reliable and cost effective life insurance policy that you can buy . There are a great number of term policies that lapse every year and they are all cost and no benefit .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: The simple answer to this question is : It Depends . :-RRB- It depends on a variety of factors , including : How much death benefit you would like . Your health status . Your age . The company you would buy it from . The features you would elect inside the policy . There are several types of Life Insurance coverage for a person to choose from , each with its own features and own purpose . In general , for a stated amount of death benefit coverage , monthly or annual premiums for a Whole Life policy are higher than a Term Life policy , but it would be faulty to compare those types of policies just based on monthly premium . Do n't make the mistake of comparing those types of policies just based on monthly premium . Speak with a knowledgeable professional about your goals and how life insurance may fit in so that you can make the best decision for your situation .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: That is a great question , and one we are commonly asked ! The answer is n't an easy one to give though . Life insurance is like tailored clothes - what fits you may not fit me , so your clothes will cost more or less than mine . Life insurance bases the cost on a lot of things that are uniquely yours . Your age , gender , smoking preference , amount desired , current health situation , family health history , prescriptions taken , and your job are all factors in the cost . I could give you a ballpark , if you want to contact me with specifics . Thanks for asking !


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: The cost of a Whole Life Insurance policy will depend your age , gender , health , whether you smoke , and other factors . It also depends on the features of the policy that you choose . The way to get the best , most accurate quote is to contact a Life Insurance professional . If you get a quote any other way , you will most likely be seeing the most expensive premium -LRB- because it has to cover the health conditions of everyone -RRB- or an impossibly low premium -LRB- because they are shooting something out there just to get your attention -RRB- .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: With any life insurance policy , the costs will vary from company to company by the type of life insurance policy , duration of coverage , what state it is issued in and personal information about the insured like gender , age , smoking status , health condition , recreational activities , vocation , motor vehicle report , credit report , etc. . The policy premium may vary by the use of a term rider and other ancillary riders like waver of premium .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: That is a great question ! Whole life insurance policies are like tailored clothes . Ever have a tux or a bridesmaid gown for a wedding ? Remember how you were measured for it so that it fit you specifically for your shape ? That 's howwhole life insurance policies are . What fits you would most likely not fit me , and neither would our costs be the same . There are a whole lot of factors that determine the price , though they will generally fall into ranges . Without knowing more about you , I ca n't really give you an average that would fit you . If you 'd like to inbox me with specifics , I could give you a better answer . Or you can contact a local independent agentand have them help you . Thank you for asking !


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: The cost of a whole Life policy depends on the amount of coverage you want plus how quickly you want the cash account to grow and factored in with how long the insurance company determines that you will live and pay the premiums . Usually $ 15 is about the lowest premium and the sky is the limit on the upper end . Asking such a general question like that is the same as asking how much does a car cost ? Lot 's of variables .


Input: How Much Does A Whole Life Insurance Policy Cost?

Output: The easiest way to think of Whole life is it is the most expensive short term policy you can buy , but at the same time it is the cheapest long term policy you can purchase . Whole life will be the most costly initially per face amount than either term or universal life . Over time , whole life becomes the cheapest policy to own and the safest to own over a long period of time . With Whole life costs tend to be set contractually , while term and ul policies tend to have rising costs over time that can make them unmanageable if held for a long period of time . So the way to look at whole life is it starts high in cost but becomes low in cost over time . This is why most advisors suggest term insurance for short term needs -LRB- less than 20-30 years -RRB- and whole life for longer periods -LRB- 20 years to life -RRB- as they are most cost effective used for those needs .


Input: What Does Long Term Care Insurance Cost?

Output: It depends on many factors both personal and the selected policy provisions . Long Term Care Insurance premium is determined by medical information collected on the insured like gender , age , heath history , current medical condition , smoking status and the electable policy provisions like the elimination period the benefit amount and riders such as inflation . Two 60 year old nonsmoking and in good health issued on one policy will pay around $ 300 a month for long term care insurance .


Input: Does Homeowners Insurance Cover Water Damage From Dishwasher?

Output: No , there would be no coverage unless the water damage was caused by a covered peril such as freezing pipes that are not due to the negligence of the homeowner . Check with your agent for the specifics of your policy . Even if there were coverage , you need to determine if it will be worth turning in a claim by the time you pay your deductible . In most cases it probably would not .


Input: Does Homeowners Insurance Cover Water Damage From Dishwasher?

Output: If a water line from the dishwasher burst and there is damage to the dwelling then most likely there is coverage . Also potential overflow would be covered . However the pipe that burst if that is the case would not be covered . If the damage has been occurring over a long period of time most likely there would not be coverage . Damage must be sudden and accidental . If you are not sure consult your agent to discuss the specifics of the particular event to see if coverage applies . Also keep in mind your deductible applies so damage must be greater than your homeowners deductible .


Input: How To Sell Life Insurance At Home?

Output: The way to sell life insurance at home is to be an independent insurance producer . In which you will be contracted with multiple companies that specialize in one best product . Some once you are with a marketing company that is a middle contact then you may choose carriers to be contracted for . There are companies that recruits agents for all 50 states which also allows the recruiting agent to to collect the percentage of premium from the recruit . I am in the process of recruiting agents fod a web-based company that works with over one hundred agencies in which agents can work from home . Contact me for more information . 347-650-9967


Input: How To Sell Life Insurance At Home?

Output: # 1 thing to remember is you are a marketer . It does not matter where you work as long as you get your name and what your marketing out to your niche . The website will become your friend so you will need to be sure you have a presence out there . Social media is another way to market if you use it right . You have to be proactive . Then you should have products that you can use online unless you will be visiting your clients in person . There are companies that have great tools you can use to make this easier as well . Contact me for information about the companies and ideas behind them or ask your insurance mentor . Good luck .


Input: What Is The Average Premium For Renters Insurance?

Output: Renters insurance is very inexpensive . Typically , the annual premium is in the $ 100 - $ 275 range , depending on your coverage and many other factors . Renter ` sinsurance covers your personal property but not the dwelling . An experienced broker can review your options and find the best prices in your area . No fees of course .


Input: Does Auto Insurance Cover Medical Expenses?

Output: Your Auto Insurance covers Medical expenses up to the limit of your policy if someone is hurt getting in or out of your vehicle or if you are in an accident under the Medical pay portion of your contract . If the other driver is at fault you Medical Pay will pay and then collect from the other drivers insurance . Medical Pay is not designed to be a substitute for good health insurance and is limited depending on your policy to between $ 1000 and $ 10,000 . Keep in mind that there are difference n State Law so check with your agent to be specific about your State and Policy limits .


Input: What Is An Average Renters Insurance Rate?

Output: An average renter in California would be able to insure $ 20,000 of personal property and have $ 300,000 of liability protection for an average premium of less than $ 15 per month . Contact an agent and get a quote . Your situation is unique . I doubt that you consider yourself to be average .


Input: How Do You Plan For Retirement?

Output: Planning for retirement is planning for your lifestyle in your golden years ; you need to establish a personal financial profile that includes a risk tolerance assessment , your effective tax bracket and a life expectancy report so you can create a reasonable timeline . If youre younger than age 45 , you should consider retirement at age 70 because your life expectancy may be 20 to 25 years more if youre a nonsmoker and in good health . You need to determine if your employer sponsors a defined contribution plan like a 401 -LRB- k -RRB- , especially if the employer offers a contribution match . If your employer doesnt offer such a plan , you may want to consider a Roth IRA or Traditional IRA . If youre self-employed and you make six figure income , you may want to investigate SEPs . Some retirement plans are non-qualified using annuities and/or life insurance to fund their retirement . Once you perform your personal financial profile , you can begin the review process to determine how youll fund your retirement .


Input: What Is Family Floater Health Insurance Plan?

Output: Well , you nearly had me stumped on this one . It kind of sounded like health insurance for families who live by the ocean -LRB- I know bad joke -RRB- . But , after a little research it appears that Family Floater Health Insurance is a form of health insurance coverage offered in India . As such it really has no relevance to the health insurance needs of U.S. citizens or legal U.S. residents .


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

Output: Your policy has a loan value spelled out in the policy that is the accumulate cash value less any administrative charges . The best thing you can do to find the loan value is contact the insurance company customer service and ask them , they will tell you what the loan value is and send you the necessary forms to take a loan should you decide to do so . It is not always in your best interest to take a loan on a policy . I usually recommend taking a loan as a last resort . There are some good strategies that involve taking a loan on a policy but you should discuss that with a good local agent who knows and understands your goals and various financial strategies to help you meet those goals .


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

Output: In Canada , when you borrow against your life insurance policy the amount you can borrow in stated in the life insurance policy . Important to remember , when you ask for a loan quote , to ask what if any of the amount borrowed will be taxable . Borrowing against a policy directly from the insurance company is considered a `` deemed disposition '' and can trigger a taxable event . When / if you repay the amount you receive a `` tax credit '' . Borrowing directly is private . If you use the policy as collateral from a bank , the loan is not a `` deemed disposition '' and therefore does not trigger a taxable event . The amount you can borrow varies , however , guidelines range from 50 % to 90 % depending on the type of policy and investment . There are consequence and alternatives to borrowing they should be discussed with a good local agent to ensure that you are informed . On a planning note , there are a number of strategies , that leverage individual and corporate borrowing . If you have further questions , contact me . If you are in Nova Scotia , you can request a complimentary strategy session at www.jpw.ca .


Input: Does Medicare Pay For Hearing Aids?

Output: Medicare does n't cover routine hearing exams , hearing aids , or exams for fitting hearing aids . Part B of Medicare will cover diagnostic hearing tests that your doctor orders for a medical reasons like a recent hearing loss due to an illness or injury . If your doctor orders a diagnostic hearing test , then you would pay the 20 % Medicare leaves off if you do n't have a Supplement , plus the Medicare Part B deductible if it has not already been met .


Input: Does Medicare Pay For Hearing Aids?

Output: No , hearing aids are not covered by Medicare . You would be responsible for 100 % of the costs for hearing aids - you can secure hearing insurance under a separate policy to have them covered . Medicare Part B can cover diagnostic exams if your doctor says it 's needed for medical treatment . Please feel free to contact me for assistance . Thanks very much .


Input: Why Would BCBSTX Offer A Rider And A Rate Up For Migraines?

Output: It is fairly common in many states to `` rate up '' and exclude a condition . While this does not always seem fair , it is legal and approved by the Department Of Insurance . Your recourse ? There is an Open Enrollment in October for 2014 effective dates which should cover your pre-existing condition . Prior to that time , you could apply with another carrier to see if they would cover the condition , with an added charge . But of course , do not cancel your existing policy until you have written approval and have reviewed all provisions of the contract . I realize this was not the answer that solves your dilemma , but in 2014 , you might have better luck , especially if you qualify for a federal subsidy .


Input: Can You Be Denied Health Insurance For HPV?

Output: Under the affordable care act , a health insurance company can not deny you coverage for any pre-existing medical condition or other related illness . Please note , you can only apply for a health insurance plan during the annual enrollment period unless you have a qualifying event -LRB- e.g. getting married , having a baby , coming off of group coverage , etc. -RRB- for a special enrollment period . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Can You Be Denied Health Insurance For HPV?

Output: That is a great question ! In the past , something like HPV would have been an issue . Thanks to the Affordable Care Act -LRB- Obamacare -RRB- the health insurance companies can no longer deny you coverage fora pre-existing condition like HPV . Another great thing the Act does is remove the lifetime cap that the companies hadimposed upon the amount they would pay for treatments.I hope that helps-thanks for asking !


Input: Do I Need Home Insurance To Get A Mortgage?

Output: In almost all cases you will need to have homeowners insurance coverage in place and paid in full at the time of closing . In rare cases such as obtaining a hard loan you can get away without having homeowners insurance . You can choose to escrow the insurance and taxes into your mortgage .


Input: Can You Transfer A Car Title Without Insurance?

Output: You can transfer the title of a car to someone else . However , the new owners will have to obtain car insurance on the vehicle if they wish to drive it . Driving without insurance could result on severe penalties and possibly a license suspension . If that occurs , it could take years before it no longer appears on your driving record .


Input: Is Air Conditioner Covered Under Homeowners Insurance?

Output: Air Conditioning Units are covered under Homeowners Insurance policies for the perils afforded against by the policy ; i.e. Fire , Wind , Hail , Vandalism etc. . . If the question is regarding repairs and maintenance , the unit would be covered either by a Manufacturer 's Service Contract or a Home Warranty Policy and not your Home Insurance Policy . Homeowners Insurance is designed to protect the home against covered perils to assist the homeowner from financial loss ; it is not designed as a repairs and warranty policy for appliances and general upkeep . Home Warranty policies are available for appliances and repairs of systems in homes ; the homeowner would have to pay a premium for the warranty policy and each service visit would be covered after a deductible which would be agreed upon on the policy .


Input: What Is Voluntary Short Term Disability Insurance?

Output: What is voluntary short term disability insurance ? Probably something offered through payroll deduction by your employer to provide extra income protection for their employees . STDI is paycheck protection in case of illness or off the clock injury that would n't be covered by worker 's comp . This is for those broken legs skiing or sliding into second . Those weeks of chemo when you 're too sick to work . Voluntary means it is up to you how valuable this coverage is .


Input: Does Homeowners Insurance Cover Solar Panels?

Output: There are two types of solar panels . Leased and owned . If the panels are leased , the owner will have insurance on the panels . If the panels are owned by you the homeowner , your insurance policy with Western Mutual Insurance -LRB- www.westernmutual.com -RRB- would cover the panels under your dwelling coverage limit only if the units are attached to the home . Coverage must be added to dwelling coverage A to account for the costs of labor and materials of installation .


Input: Why Can't You Laminate A Medicare Card?

Output: You can laminate your Medicare card ; there is no ruling against doing so . The Social Security Administration advises against laminating your Social Security card because of security features built into the card . But the Medicare card does not have these features , so your Medicare card can be laminated . Some feel that it interferes with scanning , but there is usually no problem with scanning a laminated card .


Input: How To Value Rebuilding Home For Insurance?

Output: -- > Normal 0 How much will it cost to rebuild your home should it be damaged or destroyed ? I doubt anyone can give you the correct answer because the cost to rebuild your home will vary considerably depending on how it is damaged . If your home is the only one damaged in your area , for instance a fire in the home , the cost to rebuild will be one number . And if a number of homes in your area are damaged or destroyed , for instance a storm or wild fire , the cost to rebuild could be significantly more as materials , labor and contractors may be in short supply and cost much more . So how does one address that possibility ? Some , not all , insurance companies offer a Guaranteed Dwelling Replacement Cost feature that can be added to your policy . Under this feature , you are required to purchase an amount of insurance consistent with the current cost to rebuild your home at normal prices . If your home needs to be rebuilt following a loss , the amount of insurance will automatically increase to whatever you need to rebuild the same home you had before the loss . That is the only way I know of to always buy the right amount of insurance , get one that adjusts to changing loss conditions . Otherwise , its just a guessing game and if you are wrong , you lose , not the insurance company .


Input: What Happens To Life Insurance With No Beneficiary?

Output: Each state has a plan to distribute the assets of an estate . If the insured died without a proper beneficiary on their life policy , they probably also died without a will . The state will decide who will receive a portion of the proceeds after appropriate taxes and probate fees . It pays to keep your beneficiary designation current .


Input: What Happens To Life Insurance With No Beneficiary?

Output: The proceeds from life insurance that has no beneficiary -LRB- or no living beneficiary -RRB- listed on the policy , will go the estate of the policy owner when the insured person dies . There it will be subject to probate costs that could have been avoided had a beneficiary been listed on the policy .


Input: What Happens To Life Insurance With No Beneficiary?

Output: If there is no beneficiary or contingent beneficiary then the policy proceeds are payable to the estate of the insured . The proceeds will have to be probated and if there is no will the proceeds will divided according to state/provincial legislation . This is the reason it is important to keep your beneficiary information up to date . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Happens To Life Insurance With No Beneficiary?

Output: This is where having an insurance agent/adviser is important . If you have bought a life insurance policy or your planning on buying one , any qualified insurance agent should explain the purpose , benefits , and tax traps of not having a beneficiary . It 's never a good idea to have young kids under a legal age 18 or 16 depending on where you live to be beneficiaries . Expert advice can help you avoid many costly pitfalls .


Input: What Does Short Term Disability Insurance Cost?

Output: Private Short Term Disability Insurance covers disability that is expected to last under two years . Also called `` sick leave '' , short term disability insurance can cover lost wages due to broken bones , sprains , chemotherapy , pneumonia , and other illnesses or injuries that are not long term or permanent . The average short term disability claim is 40 to 60 days .


Input: What Does Short Term Disability Insurance Cost?

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


Input: Does Critical Illness Insurance Cover Prostate Cancer?

Output: Critical Illness policies cover cancer , but may exclude low grade prostate cancer , or pay a reduced amount if the Gleason score is under 7 . Each critical illness policy is different , so you need to carefully read the listed conditions in your policy to see what stages of prostate cancer your critical illness insurance covers .


Input: Does Critical Illness Insurance Cover Prostate Cancer?

Output: There are many different types of critical illness policies with many different companies . Check your policy 's declaration page near the front of the plan outline to see if cancer is covered . If cancer is covered , then yes , prostate cancer would be eligible for a claim benefit . Check the policy provisions page for the exact claim amount paid under the policy .


Input: Does Critical Illness Insurance Cover Prostate Cancer?

Output: It depends on your policy . Does it include Cancer then the answer is most likely yes . Some Critical Illness plans do not automatically include Cancer unless you add it when you take out the policy . Look at your policy or contact your agent or company to find out if Cancer is covered .


Input: Does Critical Illness Insurance Cover Prostate Cancer?

Output: It 's 2016 . Let me add to this with an updated reply : We work with about 12 carriers that offer Critical Illness . There only tends to be two `` not covered areas '' with some policies . # 1 . Certain types of Skin cancer are not covered . Skin cancer means melanoma and non-melanoma skin cancer . Understand if and at what level skin cancers are covered . Melanoma of the skin , the deadliest form of skin cancer , is the fifth most common type of new cancer diagnosis in American men and the seventh most common type in American women . SO make sure skin cancer is covered . # 2 Know the difference between Invasive Cancer & Carcinoma in Situ -LRB- Non-Invasive Cancer -RRB- . All policies pay a reduced amount for in Situ . Carcinoma in Situ is the earliest form of cancer which involves only the tissue where it is found and has not invaded the surrounding tissue or organs in the body . So when the cancer is smaller and localized , it 's not nearly as `` threatening '' . The benefit amount for in Situ is a percentage of the full amount . So if you bought a $ 10,000 critical illness policy , a typical plan pays 25 % of the benefit amount for in Situ . Or in this example , $ 2500 . The good news is that the other $ 7500 is still there for you to access should the cancer spread . KNOW the percentage that is paid out . I still believe some carriers only pay out at 10 % for in Situ ... I suggest a carrier that is at 25 % . So this is n't a `` not covered issue '' . Invasive vs. in Situ is just know at what level your benefit pays out . Something else ... we lean towards plans that trigger a benefit upon diagnosis , not treatment of , the critical illness . Consider the organ transplant coverage . You need the $ $ way before the actual transplant . It can take months before you are 1st in line for an organ . As with all my other posts , we let underwriting determine the best choice for someone and then the coverage for the premium paid . BYE THE BEST you can qualify for folks ... . Reach out and I can work on getting you a copy of `` Stop Wasting Your Money on Insurance '' . - gravy


Input: What Is The Difference Between Homeowners Insurance And Renters Insurance?

Output: Homeowners Insurance is designed to offer coverage for the owner occupied primary residence of the titled owner . Renters Insurance is designed to offer Personal Property & Liability Coverage for the tenant of a home , condo or apartment . Due to the strict definitions in the insurance Contract , it is essential that the correct form of insurance is purchased . Contact an insurance professional to make sure that you are purchasing the correct policy for your insurance needs !


Input: What Is The Difference Between Homeowners Insurance And Renters Insurance?

Output: Good Question ... Renters insurance covers a renters personal property -LRB- stuff -RRB- , loss of use -LRB- should you need a place to live from a covered loss -RRB- and personal liability . Homeowners Insurance is similar to renters insurance but it adds on coverage for `` Dwelling '' and `` Other Structures '' and is designed to protect the titled owner of a home .


Input: Can I Cash Out My Retirement Plan?

Output: You can cash out your retirement plan if you are vested and have access to the funds . But it may not be a very good idea , considering tax and other consequences . Consult an experienced financial planner -LRB- not a part-time worker , a media-related person or someone with no references -RRB- . He/she will review your best options .


Input: Can I Cash Out My Retirement Plan?

Output: Cashing out a qualified retirement plan should be the absolute last resource to turn to during a period of financial need . The distributions will trigger an ordinary income taxable event and if you 're under age 59 1/2 , a 10 % penalty . Borrowing may be an option , but most plans charge interest and impose a payback schedule .


Input: Can I Cash Out My Retirement Plan?

Output: Your contributions to a retirement program are available at any time subject to a penalty from the IRS and taxation as ordinary income . The companys contribution might not be available at all . Check with your plan administrator to determine how much you can withdraw . Check with your accountant to forecast how much you will owe in taxes .


Input: Where Do I Buy Term Life Insurance?

Output: My suggestion is to find an experienced independent life insurance broker you know and trust . Putting personal information online without being certain of the source is never advisable . I find asking your friends , family and co workers is a great place to start with who they have used in the past . Best of luck !


Input: Where Do I Buy Term Life Insurance?

Output: You can buy term life insurance in many places . But what you prefer should be how you purchase it . If you like to speak with an agent direct , have a meeting with one of your local agents . If you prefer to handle it all online , their are many websites available to you . I have found with many clients , that when it comes to purchasing life insurance , the BEST way is to be face to face . It allows you and the agent to discover the right amount that is right for you . Also , many policies have medical exams that must be done . With a good agent , they can help facilitate the process and make it much easier on you .


Input: Where Do I Buy Term Life Insurance?

Output: You are obviously comfortable with the internet , so buying life insurance from an internet website is a good place to start . You can look at quotes instantly on some sites , and input different face amounts and policy types to see how that affects rates . By calling that agency , you will be more certain to get an accurate quote based on your specific health . One internet agency can also shop multiple companies to find you your lowest price .


Input: Can I Buy Auto Insurance In Another State?

Output: This is important because rates and coverages vary from State to State . Each State decides its own car insurance requirements individually . If you get pulled over by the police and you do not have the right State coverages policy for that State you could receive a big fine . You may not have to buy coverage for that State if Let 's say you take your car to a new state for 2 or 3 month for a job assignment you might be fine keeping your home States insurance coverage . In any case , you should always check if using an out-of-State policy , check with your insurer to make sure its allowed and that you have enough protection for where youre headed for that State . Some insurance companies say it 's okay if youre only going to be in the non home State for no more than 60 days , still check to make sure .


Input: Can I Buy Auto Insurance In Another State?

Output: You can but there would have to be some reason . For example , if you reside in one state , but have a vacation home in another , and you want to avoid the wear and tear on one of your primary cars , you may want to register a car in the state in which your vacation property is located . In that case , due to states registration regulations which require proof of insurance issued in the registering state , you would obtain coverage for that car in that state .


Input: Can You Purchase Disability Insurance?

Output: Yes , most people can purchase Disability Insurance . To do so , go to a broker that sells it -LRB- some websites that sell Life Insurance also sell Disability Insurance , if you ask -RRB- . They will collect your health and personal information , plus your type of job and income . Then they will run some plans for your to compare . You choose one , then apply for it and go through the underwriting process . Depending on whether you have health conditions for which medical records must be ordered , you should be able to have your policy within a month or so .


Input: Why Do I Have To Pay Medicare Levy Surcharge?

Output: In 2000 the IRS started the Federal Payment Levy Program . Through this program the IRS collects overdue taxes by taking money from a variety of sources . The cost of Medicare is a tax and it appears that the IRS can take that money from other entitlements that you might receive . You do have some rights under this act which you should review . Additional information is available on the IRS website .


Input: Why Does Health Insurance Cost So Much?

Output: The simple answer to this is the high cost of health care and prescription drugs . Insurance companies are forced to maintain a very small profit margin by law , and any rate increases must be approved by the Department of Insurance . The PPACA laws are going to make the situation worse for many , unfortunately .


Input: Why Does Health Insurance Cost So Much?

Output: Because insurance primarily deals with `` pure risk '' , the chance of loss but not the chance for gain . The most effective way for a insurer toeffectivelymanage their own costs and to pay out on claims while still being profitable is through `` risk pooling '' which is the practice of grouping a large number ofhomogeneousand independent risks . By risk pooling those who subject the insurer to excessive claims should be off set by the policy holders who under use their policies . However the current market is notbalanced . . one of the goals of PPACA , therefore the majority of individuals who areseekinghealth coverage are the ones who are going to be mostlikelyto incur expensive claims . There are several other factors such as hospitals , when they extend charity care to poverty stricken individuals who need treatment they are forced to reconcile their budgets by charging more to the individuals who have the means to pay ... another area that PPACA aims to address .


Input: Does Medicare A Pay For Flu Shots?

Output: Medicare Part B typically covers flu shots during flu season . One per season is the standard coverage . Of course , you have to be on Medicare to receive the coverage . Your physician must accept assignment for providing the shot to you and the Part B deductible would not be applied . If your physician does not accept assignment , the flu shot is still free but you may have to pay a nominal charge for the doctor 's fee .


Input: How Much Life Insurance Can I Buy?

Output: Financial justification is an important component when purchasing life insurance . Here are the basic components in determine the death benefit amount you want use to indemnify your beneficiaries . Add up all your debt -LRB- mortgage , auto , student loan , credit cards , etc. -RRB- Add up all your future obligations -LRB- childrens education , weddings , retirement . -RRB- Multiple your gross earnings from today until your target retirement date . Add all these categories together and you 've identified the bulk of your death benefit that you can justify to the life insurance company .


Input: How Much Life Insurance Can I Buy?

Output: A nearly impossible question to answer . How much premium can you afford ? What carrier are you purchasing coverage with ? What is your health/medical history ? What is your family/medical history ? What is your occupation ? What is your geographic location ? What is you age ? What is you height/weight ? These are just some of the factors used to determine the amount of coverage and the premium that you would pay for that coverage ; that a carrier might use . Most carriers will handle coverage rates up to one million on a regular basis . Contact a local agent to find out what would be available to you .


Input: How Much Life Insurance Can I Buy?

Output: Underwriters have a number of ways of answering this question . It all depends on why you want to buy the policy . If you want to replace your income , then they use a table to determine a multiple of your income . For example , depending on the company , a person in their 20s or 30s may end up with 20 or 30 times their annual income as a face amount limit . If you want to cover a personal debt such as a mortgage , or a business debt such as a bank loan , then you simply have to prove the amount due . If you need to meet the terms of a legal contract , such as a partnership agreement or divorce decree , then you have to document those terms . If you use life insurance to cover an estate tax obligation , then you need a financial statement proving your net worth . And you know what ? You could use a policy for multiple needs , or buy multiple policies with each one covering a different need .


Input: Is Home Insurance Included In Condo Fee?

Output: If you are talking about your monthly Condo Association fee , then no it is not . The fee that ou pay each month includes the Association 's coverage on the complex 's buildings . As a Condo Unit Owner , you should or may be required to obtain a Condominium Unit Owner 's Insurance policy to protect your interest in the property , your personal belongings and liability exposures . This would be paid separately by you to your insurance company .


Input: How Much Is Life Insurance In America?

Output: Although a very open ended question , I 'm assuming you might mean premium dollars . Life insurance premiums are based on a few factors : face amount , age , gender , health , personal habits and activities , and family history . There are many policies which have vastly different premiums , as well . Without taking some basic information into consideration , it is very difficult to pinpoint a premium range .


Input: How Does Group Variable Life Insurance Work?

Output: Group Variable Life Insurance -LRB- or GVUL -RRB- is a combination of term insurance with a cash component that allows you to allocate your money into `` separate '' investment accounts . Depending on the carriers , those choices allow for mutual funds , etf 's and bond funds , as well as a Guaranteed Principal Account -LRB- GPA -RRB- . Many times the coverage is Corporate Sponsored which means that the employer pays the term cost and you the employee has the option to contribute through payroll deduction or bank draft . GVUL is a what Suzy Orman would call , buy term and invest the difference , except that the difference is placed in a product that you do n't pay taxes on while it grows -LRB- because it is inside the life insurance -RRB- and when you take it out -LRB- if done properly -RRB- can be taken out tax free .


Input: What Is Medicare Point Of Service?

Output: Medicare POS -LRB- point of service -RRB- plans have limited networks and if you want full coverage -LRB- without penalty -RRB- you should choose a par provider . Some POS plans require a referral which should minimize or eliminate any non-par penalties . Usually in a medical emergency situations the carrier will waive non-par penalties . Keep in mind you can still be balance billed by providers not in the POS network .


Input: What Is Medicare Point Of Service?

Output: Many Medicare Advantage plans are HMO 's , meaning you are required to stay within a network of doctors to receive coverage . Some plans are HMO Point of Service plans . This means that if you go to a doctor outside of the service are you may still be able to get coverage if you need it provided the doctor agrees to accept the HMO 's terms of service and the procedure is approved by the carrier . Usually if there is a network doctor in the area that can handle that condition the plan will make you go to the network doctor .


Input: How Do Annuities Avoid Probate?

Output: Annuities pay a death benefit that is equal to the cash surrender value of the annuity contract . Since the annuity is a contract with a specifically named beneficiary , the death benefit is paid directly to the named beneficiary -LRB- ies -RRB- and does not enter the owners estate where it would need to go through the probate process in order to be paid to any heir of the deceased .


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

Output: Hello - According to Homeinsurance.com , the average cost of homeowners in Pennsylvania is $ 727 . It is important to note however , that home owners insurance premiums are based off a number of factors which can be unique to each individual . The size of the home , year it was built , location , deductibles , amount of liability etc. all play a significant role in determining the rate you pay to protect your home . For a better rate that suits your needs contact me at www.PaInsuranceMadeEasy.com


Input: What Do I Need To Know When Purchasing Life Insurance?

Output: This is a good question . It 's not really a matter of what you need to know but rather what you want in a plan . What are you looking to accomplish ? Do you want to just cover final expenses or do you want to make sure the house and cars are paid off if you expire . You are welcome to contact us if you live in a state that we are licensed in and we can help you decide and enroll in a plan .


Input: What Do I Need To Know When Purchasing Life Insurance?

Output: When purchasing life insurance , you need to know : 1 -RRB- That you are getting your policy with a secure company and reputable agent . 2 -RRB- The features of your policy and what they mean . 3 -RRB- What guarantees are included in your premium , return and coverage . 4 -RRB- Whether you qualify for that policy based on a thorough review of your health and other details . 5 -RRB- What type of policy best suits your financial needs .


Input: How Much Should We Pay For Life Insurance?

Output: The amount to pay for life insurance is hard to state , because prices vary so much from person to person . You do n't want to pay so much that you do n't have money to buy groceries and other essentials . But it is an important part of your budget , and should not be the first thing to drop . Contacting an agency that can compare prices and plans for you from multiple companies can help you get the most affordable life insurance .


Input: Is Androgel Covered By Medicare?

Output: I checked several formularies , and androgel seems to generally be covered at tier 3 , which is generally $ 45 copay/mo . Be sure to check the plan 's formulary when you buy - and you might double check at each annual open enrollment to be sure the drug is still covered and that the tier level has not changed .


Input: Why Does A Person Need Life Insurance?

Output: Life Insurance is one of the best ways to deal with unexpected losses and events . It can be used to control a large amount of cash -LRB- face value -RRB- for a relatively small premium creating control of an asset with little cash and great leverage . People need life insurance to cover events such as death and disability . The use of insurance has helped many people survive very hard times .


Input: Why Does A Person Need Life Insurance?

Output: There are are number of different reasons a person might need life insurance , but a common use of life insurance is to provide money to replace the income a family loses if the breadwinner dies . Another use of life insurance would be to provide the cash necessary to settle an estate without disrupting existing assets like real estate and/or a small business . Yet another reason for needing life insurance is to provide cash at the time of death that can be used to pay for final expenses such as funeral costs .


Input: What Is Mortgage Disability Insurance?

Output: Mortgage Disability Insurance is disability insurance that will pay what you ow to your mortgage lender if you are unable to work due to illness or injury . Long Term Disability Insurance pays you a monthly benefit that can be used to pay bills -LRB- including mortgage -RRB- if you are disabled .


Input: How Much Money Is Invested In Variable Annuities?

Output: In 2011 , roughly $ 153 billion was placed into variable annuities . This was roughly the same for 2012 . The industry has grown between 8 and 10 % for the last decade .


Input: Does Having A CDL Lower Your Car Insurance?

Output: In answering this question , we assume that CDL is an abbreviation for California Drivers License . If you are a California resident seeking to purchase Auto Insurance , it is assumed that you would have a California Drivers License thus not a method of lowering your insurance premium.The State of California allows insurance companies to base auto insurance premium rates on the experience of the driver ; thus the longer you are licensed , your premium would be lower . However , your driving record would be equally important as this would be another method of adjusting rates on a policy . We 'll be happy to answer any more specific questions if and when asked !


Input: Is Medicare Primary Insurance?

Output: For most persons , Medicare is your primary insurance . That means it is your coverage that pays first , up to the limits of benefits you have . If there are additional expenses that Medicare does not cover , you can have a secondary carrier that will pay some of those expenses . It is also possible for Medicare to be a secondary carrier . One example would be in specific instances where your employer -LRB- or spouse 's employer -RRB- provides healthcare coverage . Then , that coverage would pay first .


Input: What Illnesses Does Critical Illness Insurance Cover?

Output: Critical Illness insurance is a form of health cash indemnity insurance that will help pay the costs of treatments and other financial obligations at home . The payments are lump sum cash , and tax free and a supplement for any other insurance can be used along with this coverage . Amounts are from 20,000 to .1,000,000 depending on company and policy . Coverage is for Cancer , Heart Attack , Stroke , and Renal Failure


Input: What Illnesses Does Critical Illness Insurance Cover?

Output: Critical illness insurance covers stroke , cancer , heart attack , and other conditions as spelled out in the policy . These may include Alzheimers , blindness , coronary bypass , deafness , kidney failure , MS , organ transplant , paralysis , Parkinsons , and/or terminal illness . Some conditions , or levels of the health condition , trigger a partial payment rather than a full payment . Each policy is different and must be reviewed individually to know exactly what it covers .


Input: What Happens To Life Insurance When You Leave A Job?

Output: When you leave a job , sometimes the life insurance policy is portable , meaning that it can be taken with the employee when they leave . Sometimes the insurance policy ends when the employee leaves the job that supplied the policy . Life insurance is not covered by COBRA like health insurance is .


Input: What Happens To Life Insurance When You Leave A Job?

Output: What happens to life insurance when you leave a job ? Well , in most cases you leave the life insurance behind . If the life insurance is convertible to an individual product , you may be able to take it with you at a much higher cost . If the life insurance you have at work is simply a list bill agreement then you can take your policy and continue to fund it through your checking account rather than payroll .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: Term life insurance covers all types of death except suicide in the first two years . This includes death due to accident , illness , accident caused by illness , and old age . After two years , it even covers suicide . There may be some exclusions like death caused while committing a felony . And if you are a pilot who did not get a policy that covers flying , your policy will not pay out if you die while piloting a plane . These exclusions will be clearly spelled out in your policy .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: To file a death claim a death certificate needs to be presented . The term life insurance policy could have exclusions that would result in a denied claim , such as SCUBA diving , sky diving , suicide and bungee jumping . If the death of the insured is not the result of one of these exclusions the policy will probably pay . I said probably because companies have gone to court in strange situations to determine their liability . The best known case is where a well-known gangster took out a policy in his real name and was subsequently murdered .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: Traditional term life insurance covers deaths that occur by both illness and injury . If you have a Accidental Death and Dismemberment -LRB- AD&D -RRB- life insurance policy , then the death benefit will only pay proceeds if death occurs under accidental means -LRB- e.g. a car accident -RRB- . If you die by illness -LRB- e.g. heart attack , cancer , etc. -RRB- and are only covered by an AD&D life insurance policy , then no proceeds will be paid out . Please note , during the first 2 years of any life insurance policy , there is what 's called a `` contestability period '' in which if death occurs by suicide or it 's discovered upon review that the applicant intentionally lied on an application -LRB- committing fraud -RRB- , then the carrier can refuse to pay out a claim . After the 2 year contestability period has expired , then the carrier can not challenge these types of issues upon a claim . The reason for the contestability period is 2 years is deemed a fair amount of time for someone who thinks about committing suicide would have gotten help and tried to move past it by that point and carriers would have had enough time to find issues with a policy if fraud was present . If you 're looking for life insurance , I would suggest consulting with an experienced and knowledgeable independent insurance broker who can discuss your needs of coverage and what goals you want to have met with it while also comparing multiple insurance companies to secure the coverage at the lowest possible cost . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: In Canada , after the policy has been in force for 2 years Individual Life Insurance including Term will pay for any type of death . During the first two years the life insurance policy will not pay for death by suicide . An independent life insurance broker can help you find a policy that is right for you . If you have any further questions , please do not hesitate to contact me .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: In most if not all cases , Life insurance , regardless of whether it is term or permanent will , after 2 years , provide coverage for pretty much any cause of death . During that first 2 years , death by suicide will more than likely be excluded , but after the 2 year period this is included as well . As mentioned above , it is possible that death due to an act of was may be excluded so it is important to talk to your insurance professional about the specifics of your contract .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: Typically any life insurance policy will cover death from any cause . Most policies will exclude death by suicide if it occurs within 2 years of implementing the policy , but after that time even suicide is usually covered . Some policies have a little longer exclusion period . If there is an accidental death rider on the policy it will pay double the death benefit if it is caused by an accident .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: After you have passed the `` contestable '' period of two years ' unless otherwise limited , all death is covered . Some avocation may be excluded so without more info this is the best answer possible . Some policies have war clauses for active military and known hazards may be excluded from policy coverage . Check your policy closely or consult your agent or carrier .


Input: What Types Of Death Does Term Life Insurance Cover?

Output: That is an excellent question ! All policies will have some rules about suicides and questionable deaths during the first two years of the policy , but after that will rarely make any kind of restriction on the cause of death . The type of policy that does is called an Accidental Death Policy , and those policies have very strict limits on what they will pay out for . Nothing health related will pay , unless it was a direct result of an accident , and occurs within a specific time frame after the accident . Insurance companies like marketing these policies as they are big money makers for them , but really should never be considered for someone 's primary coverage . Thanks for asking !


Input: What Types Of Death Does Term Life Insurance Cover?

Output: Traditional term life insurance has a two year contestability clause but after that even suicide is covered . I will state that several companies still exclude death by `` act of war '' so be careful when purchasing a policy . An act of terrorism will be considered an act of war at claim time .


Input: What Is Vesting In Life Insurance?

Output: As related to life insurance , vesting is a legal term that means that the beneficiary has a legal right to the life insurance proceeds in the policy . If they are an irrevocable beneficiary , they are vested in that policy , and no other beneficiary can replace them without their consent .


Input: What Is Covered By Critical Illness Insurance?

Output: Critical illness insurance pays a lump sum upon first diagnosis of a covered condition . Those conditions do includeas mmentioned heart attack -LRB- proof of muscle damage will constitute a valid claim -RRB- , cancer bith invasive and in situ or localized spot , stroke ... up to 21 covered conditions . The amount of coverage starts as low as $ 5,000 up to $ 500,000 . Underwriting is simplified up to full underwriting .


Input: What Is Covered By Critical Illness Insurance?

Output: Critical Illness Insurance typically covers stroke , heart attack , and some types and stages of cancer . Depending on the policy , it may also cover Multiple Sclerosis , paralysis , coronary bypass surgery , blindness , deafness , or a number of other conditions . Many pay a lump sum if you become disabled from a serious health condition or injury . You need to review each policy as every one is different .


Input: What Is Covered By Critical Illness Insurance?

Output: The basic conditions that are covered by most critical illness insurance policies are stroke , heart attack and cancer . Each policy has different features , so you need to review each policy to see what it will cover . Some possibilities are MS , Parkinson 's , heart bypass , organ transplant , deafness , blindness and Alzheimer 's . Mild cases often do not qualify for payment , as the purpose is to compensate those who are facing a life threatening illness .


Input: How Are Auto Insurance Claims Paid?

Output: I am not quite certain what the question is , but most auto insurance claims are paid within a few days of the claim being made ; depending on the circumstances behind the incident . If the claim involves just damage to your vehicle your carrier may cut a check directly to the auto repair facility less your deductible . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you .