Input: Does Home Insurance Go Up After Claim?

Output: It might , but honestly that depends upon the company and the terms and conditions of their contract . It is always a good idea to discuss your policy and it 's terms with your Insurance Professional . Some companies may , for an additional charge , include `` claim forgiveness '' as a benefit in their policy and that too may come with certain limitations .


Input: Does Home Insurance Go Up After Claim?

Output: That is a great question ! The answer is unfortunately , a lot of times , it does . It is n't always the case , however . Many companies will have a `` forgiveness '' or `` first claim '' benefit , like the ones made popular with the auto insurance industry , your company may be one of those . If your claim is very small , and you have no history of claims , you may not see a rise either . If the claim is a good sized one , then you may well see an increase . Hopefully that 's not the case for you . Thanks for asking !


Input: Does Home Insurance Go Up After Claim?

Output: Insurance companies often reward homeowner policyholders who dont have claims with a discount . This can have a significant impact on the premium . When you file a claim , you lose that discount . The amount paid by the company on the claim could trigger a surcharge to future premiums . Recurring claims of a similar nature are sure to attract an increase in premium if not a notice of non-renewal .


Input: Why Is Life Insurance Important To Have?

Output: Insurance is what many would call a `` necessary evil '' . We pay for it to ensure that there will be some help in the event we face a loss . The absence of insurance can wipe out a family or business financially . When in place Insurance can cover medical expenses , automobile accidents , dental services , real estate , valuables and a persons life . It is definitely necessary to help cover potential losses that could happen to any of us . I know sometimes it hurts but we really need to look into having it .


Input: Why Is Life Insurance Important To Have?

Output: The need for life insurance is very simple . If you were to die today and you have a loved one or several loved ones that count on your income to live . You need life insurance . If you were to leave a loved one with any debt you need life insurance . If the answer is yes to either situation call an independent life insurance broker today .


Input: Why Is Life Insurance Important To Have?

Output: People live , they love and they die . If we didnt love , there would be little need for life insurance . However , many of us love our spouse and our children and some even love organizations and causes . Many people want their lives to count and so they make sure that those that they love will not suffer hardships just because they pass . Life insurance is the best way you can say , I love you . And anyone who does not believe that has not delivered a death claim . Most of the time we are seen as an angel of mercy , and yes , love .


Input: Why Is Life Insurance Important To Have?

Output: Life insurance is important to have if someone or some entity would be financially impacted in a negative way by your death . This can be a spouse , children , business partner , lending agency , mortgage company , disabled adult , parent , or anyone who relies on your income or services . It is also a good way to contribute to charity , handle an estate in a tax friendly manner , and generate cash to borrow from tax deferred for education or retirement .


Input: Why Is Life Insurance Important To Have?

Output: For many reasons . The most common reasons why people buy life insurance are to pay off a mortgage , cars , credit card debt , burial expenses , kids ' college educations , and/or income replacement in the event the insured dies . A great question to ask yourself is `` if I died tomorrow , would my family be financially sound without my income ? '' - For the vast majority of people , the answer would be NO . Not only is determining whether you need life insurance important , but how much coverage do you need and for how long . An insurance agent/broker can help you determine this figure . People also get life insurance for business purposes as well such as collateral for a business loan from a bank , key-man programs , and buy-sell agreements .


Input: Where To Get Cheap Car Insurance For New Drivers?

Output: Cheap car insurance for new drivers can be found by shopping the top-rated companies . An experienced broker -LRB- that 's us -RRB- can quickly take your information and compare dozens of reputable carriers and find the best offers . The combination of knowledge , top-notch websites and decades of experience can help the consumer save as much as 50 % off their premiums . Of course , new drivers may pay higher prices -LRB- initially -RRB- , although the rates will reduce .


Input: Can You Deduct Disability Insurance Premiums On Your Taxes?

Output: One way you can deduct Disability Insurance premiums on your taxes is if you are an employee of a C corp , and offer DI to yourself and your employees . However , then you would have to pay taxes on the payments to you if the Disability Insurance was used . If you are not self employed , you generally can not deduct Disability Insurance premiums on your taxes . Again , if you become disabled , the payments you receive from your policy will be tax free because you paid for it with after tax dollars .


Input: Can You Deduct Disability Insurance Premiums On Your Taxes?

Output: If you are self employed , you generally can not deduct disability insurance premiums on your taxes . Likewise , if you pay the premium for a group plan , that is not deductible ; in fact , if your employer pays the premium , it can be counted as income to you . However , when you receive the benefits of a Disability policy with money that has been taxed , your benefit is usually not taxed .


Input: What Will Life Insurance Not Cover?

Output: Life insurance company contracts generally include war clause exclusions in their policies . Life insurance companies also do not cover suicide during the contestability period beginning from the date other policy is in force to the end of the second anniversary of the policy . Life insurance companies may deny a claim because of fraud , i.e. misrepresentations , misstatements and material omissions .


Input: What Will Life Insurance Not Cover?

Output: Life insurance contracts are remarkably simple . When you die , your beneficiary gets paid . There are very few exceptions to this rule : 1 . Suicide in the first two years -LRB- you ca n't blame the carriers for that one -RRB- . 2 . Insurance fraud in the first two years -LRB- ca n't blame them for that either -RRB- . 3 . Dangerous activities disclosed at the time of application . These are really for specific activities such as helicopter flying . Important note : there are excess-market carriers that will apply additional exclusions , such as entering war zones , and other especially dangerous actions . But by and large , your mainstream carriers will take you as you are and not asses any restrictions or exclusions .


Input: What Will Life Insurance Not Cover?

Output: Life insurance covers death by any reason except suicide in the first two years . It may also exclude death due to acts of war or death caused while in the process of committing a crime . It covers death due to any health reason and death due to accident . As long as you fill out application honestly , you have nothing to worry about .


Input: What Will Life Insurance Not Cover?

Output: A life insurance policy must be in force to pay benefits to the beneficiary . Life insurance companies have denied claims for several reasons . There is an exclusion for suicide within the first two years of most policies . Claims have been denied for failure to report important medical conditions . Sometimes the company will deny a claim when the death occurs under unusual circumstances . When a claim is denied the premiums are generally returned .


Input: Does Life Insurance Cover Long Term Disability?

Output: Life Insurance covers just that , your life . When you pass , the beneficiaries will receive the death benefit you have in force . Long-Term Disability provides you a benefit while you are alive . So , no , Life Insurance does not cover Long-Term Disability ... . HOWEVER ... There are now some Life Insurance products which give you access to the death benefit if you have a Disability . Keep in mind , the death benefit is reduced if you use the benefit . The advantages are you pay only one premium for Life and Disability Insurance . The disadvantage is you take away the Life Insurance benefit and you have to meet certain qualifications in order to receive the benefit .


Input: Does Life Insurance Cover Long Term Disability?

Output: Life insurance , as a rule , does not cover long term disability . However , some policies offer features that can assist you during a long period of being unable to work . Here are three : 1 -RRB- Disability Income Rider . This rider has a charge and would cause your life insurance policy to pay you cash if you became disabled . These riders usually pay the benefit for a limited number of years . 2 -RRB- Living Benefits Life . This type of policy could enable you to take part of the death benefit while you are still alive , if you suffered a long term disability . 3 -RRB- Waiver of Premium . This rider would pay your life insurance premium during a period of long term disability .


Input: Is Selling Life Insurance A Good Career Opportunity?

Output: Selling life insurance is a good career opportunity for someone who is very motivated , personable and financially savvy . It is a career that you can get into without having a college , or possibly even a high school , education . However , it takes tons of support , time , and determination . If you can afford to spend a year with very little income , go for it ! You will never know unless you try .


Input: How Much Is A Car Insurance Deductible?

Output: Just to flesh out the above answer a bit more : your deductible can range from 0 $ to $ 1000 , typically . The higher your deductible is the lower your monthly premium payments will be . While lowering your monthly payments by increasing your deductible is a popular cost saving method , it is not always the best idea . What you really should do is sit down with your finances -LRB- or financial planner if you have one -RRB- and figure out how much discretionary income you have each month . The reason you should do this is you have to figure out how much of adeductibleyou are comfortable paying in the even of an accident . Even though it is nice to save $ 20 a month , if you have a serious accident and ca n't afford your $ 750 deductible it does not make any difference . I hope this helps .


Input: How Much Is A Car Insurance Deductible?

Output: It depends on your policy . You choose your deductible . I have seen collision deductibles as loww as $ 100 and Comprehensive deductibles with no deductible . Do n't just look at the deductible . Very often you save enough money by choosing a higher deductible that it offsets the deductible difference .


Input: How Do I Drop My Health Insurance?

Output: How to drop your health insurance ? In every case it involves written notice of your desire to cancel your coverage . On an individual basis you would write a note to the insurance company 's customer service department and send it there . For a business you would write a memo to your HR cancelling or waving coverage . Please note : if married you may be asked to include your spouses signature too .


Input: How Do I Drop My Health Insurance?

Output: An individual health insurance plan can be terminated at any time . You can contact your broker and request a cancellation or contact the insurer directly . Details of the refund and when it will be sent can also befurnished . A group plan through an employer may be different . You should contact your HR person where you work and request termination from the plan .


Input: Does Home Insurance Cover Weather Damage?

Output: A homeowners policy covers damage from severe weather . It does not pay for weathering . Many insurance companies adjust claims for the roof differently than from the rest of the building . Even if the loss to a roof is the result of a storm , the company will normally adjust the claim on a depreciated value . This is because roofs have a limited life span .


Input: How Good Is Zurich Life Insurance?

Output: Zurich Life Insurance is now under the umbrella of Protective Life Insurance . Protective is currently rated A + by AM Best , AA - by S & P , A by Fitch , and A2 by Moody 's rating companies . The Zurich life insurance policy that you bought will retain the same guarantees that it had when purchased .


Input: Who Can Be A Life Insurance Beneficiary?

Output: Anyone who has an insurable interest can be a beneficiary . For example , your spouse , child even grandparents . Brothers and sisters . A loan as a collateral assignment if necessary . It could be a business who depends on your activity to support the business or a business owner . Your Estate and Charities can be beneficiaries . Your neighbors can not . People who do not have anything to lose from your death generally can not such as strangers . This is a simple approach to your question . If you have someone specifically you are thinking about , contact your agent/broker . Feel free to reach out to the agents on this forum as well .


Input: Who Can Be A Life Insurance Beneficiary?

Output: The number one rule to keep in mind with naming a beneficiary is that there must be an insurable interest . In other words , the person , group or business would suffer a financial hardship at your death . Common beneficiaries include a spouse , children , life partner or ailing parent . In business , a beneficiary may be a company in a key man situation or a buy sell agreement in a partnership . You may also name a favorite charity or cause as a beneficiary under most circumstances.If an insurable interest is not named at point of application with most insurance carriers , they will decline to underwrite the application .


Input: Who Can Be A Life Insurance Beneficiary?

Output: The owner of a life insurance policy designates the beneficiary . The owner and person insured is not necessarily the same person . The beneficiary can be changed by the owner whenever he or she wishes . The owner of an existing policy is not required to establish a relationship with himself and the insured , nor with himself and the beneficiary .


Input: Who Created Critical Illness Insurance?

Output: Doctor Christiaan Barnard was the first cardiac surgeon to perform a successful human to human heart transplant . His brother , Marius Barnard , also a cardiac surgeon in South Africa , also assisted with the transplant . Dr. Marius Barnard is the one who created critical illness insurance while in practice in South Africa .


Input: Who Created Critical Illness Insurance?

Output: This answer is exactly 50 words long and allows for me to spend just a couple more minutes to think of and write a better answer to this question . Sorry I beat you to the punch , but I 'm just a little bit more web-savvy than the rest . Thanks for your patience ! CLM Insurance Group


Input: Who Created Critical Illness Insurance?

Output: Dr. Markus Barnyard was the creator of the . critical illness policy in South Africa , 1983 . He seen the need for this policy for patients who were stricken by cancer , heart attack , kidney failure , stroke , and other illnesses . When someone is stricken there is a financial obligation to fulfill at home and in the hospital . This policy will assist . with living expense at home and help to pay hospital bills . 1 in 4 people will be diagnosed with these illnesses , and that would create a financial burden . Payments are cash lump sum and tax free . From 20,000 up to 1,000,000 depending on company and policy . Mark Taylor Licensed Agent All Forms of Life , Health , and Accident Coverage 347-650-9967


Input: Who Created Critical Illness Insurance?

Output: Dr. Barnard , who created the idea of Critical Illness insurance was concerned as he could heal people medically however the financial stress that people were under while they were at home , not working while they heal was sending them back with more health issues . He wanted an insurance that would pay people upon first diagnosis of a covered illness such as heart attack , stoke , cancer and more -LRB- now upward to 20 + conditions covered -RRB- monies -LRB- up to $ 500k -RRB- so their financial future was covered .


Input: What Is Servicemen Group Life Insurance Coverage?

Output: That is a great question ! Regular life insurance companies will not insure anyone that is in the military , or in an area where military action is likely . Insurance companies are all about the risk of loss , and being in the military greatly increases that risk . As a result , the federal Government offers life insurance for the members of the military , so that their families can be protected also . That is what Servicemen Group Life is . I hope that helps . Thanks for asking !


Input: What Is Servicemen Group Life Insurance Coverage?

Output: Servicemen / Servicemembers Group Life Insurance -LRB- SGLI -RRB- is coverage that is provided to eligible servicemembers in the military . It is issued through the US Dept of Veterans Affairs . Active servicemembers are automatically enrolled for $ 400,000 of term coverage , then charged a nominal premium each month to keep it in force .


Input: What Is Servicemen Group Life Insurance Coverage?

Output: Servicemans Group Life Insurance -LRB- SGLI -RRB- is a federal program . It replaced a program instituted during World War II that proved to be one of the best benefits servicemen could have . SGLI is available to all service personnel but ceases when they leave active duty . Veterans group Life insurance -LRB- VGLI -RRB- is a similar , however , more costly program for servicemen who have left active duty .


Input: Will Medicare Advantage Be Eliminated?

Output: I am not sure if Medicare Advantage plans will ever be eliminated , however , they are having serious cuts to the benefits and doctors that are available . Many people get excited about these plans because the low premium but the number that is most important is the `` max out of pocket '' cost . That is the number you will pay out of pocket on an annual basis . There has been a lot in the news lately about the benefits of Advantage plans changing and the 100 's of providers that will no longer be in the network in any given area . Medicare Supplement plans have less out of pocket costs and the benefits can not change from year to year . In addition , not having a `` network '' to deal with allows you to go to anyone you want and not wondering who will get cut from the network next year .


Input: How Often Will Medicare Pay For Flu Shot?

Output: Medicare will pay for the flu shot once per flu season -LRB- i.e. once per year -RRB- . Shots are offered starting in the fall , and the flu season in the United States is considered to run from October to May . Medicare will pay for flu shots from providers that accept Medicare assignment .


Input: What Is Health Insurance Claim Number?

Output: The Health Insurance Claim Number -LRB- HICN -RRB- is your ID number for Medicare claims . If you have your red , white and blue medicare card , it is the number -LRB- and letters -RRB- with your name . It is a combination of a number representing the primary person responsible for the Medicare insurance -LRB- often the social security number -RRB- followed by one or two letters or numbers to represent the relationship to the primary person .


Input: How Does A Supplemental Executive Retirement Plan Work?

Output: Supplemental executive retirement plans normally take the form of non-qualified deferred compensation arrangements . The so-called `` golden handcuffs '' mean the promise to pay comes with a substantial risk of forfeiture . Non-qualified retirement plans do not meet the same criteria as qualified plans . These non-qualified plans may include payouts in company stock or benefits funded by life insurance .


Input: Which Disability Insurance Company Is Best?

Output: There is no one disability insurance company that is best for everyone . If you have a health condition , you may need to go with a company that carries graded disability insurance policies . If you are self employed , work part time , labor in a certain profession or trade , or have group coverage , the company that is best for you may be entirely different from the company that is best for someone else . To find which Disability Insurance companies have the best rating , you can look at their AM Best and other scores . You can also review the `` About Us '' tab on their websites to read about their history and strength .


Input: How To Get Cheap Homeowners Insurance?

Output: Homeowner 's rates are based upon the location of the structure , the condition of the structure and the limits desired . Insurance companies do not assign the same rate for every structure but they tend to stay fairly close . The way that you can reduce the rate is to accept a greater deductible .


Input: Is Auto Insurance Cheaper For Cars Or Pickup Trucks?

Output: If we were to average the insurance cost on one new car of every make and model , and do the same for every truck and SUV , the difference in cost between the rate will largely be the difference between the group of cars with a higher average value . Recent research has shown trucks to be slightly less expensive for occupants because they weather an accident better in a vehicle with greater mass -LRB- weight -RRB- . On the other hand , trucks are causing slightly greater injuries to those hit by trucks and inside the cars they hit . Dollar for dollar I 'd give a very slight edge to trucks as cheaper to insure .


Input: Is Long Term Care Insurance Recommended?

Output: Is long term care recommended ? Usually because there is statistical information about the population to support the need . People either get the need or they do n't for long term care . What long term care offers is a choice for the insured when they have the need by creating a pool of money to pay for services . Everything costs and long term care does is provide a source of funds to pay for what you want vs. what you 'll be given .


Input: Is Long Term Care Insurance Recommended?

Output: Long Term Care Insurance is recommended for those who want to protect their assets in the event that they would need to use long term care services such as nursing home , assisted living , or home health services . It is also recommended for those who do not have family around to care for them , or who do not want to have to be restricted to what Medicaid dictates for their care . Long Term Care Insurance is not recommended for those who have very few assets , or for whom the premiums would be a hardship on their quality of life .


Input: Does Medicare Cover Omnipod Insulin Pump?

Output: No , Medicare does not cover the Omnipod insulin pump . It does cover the minimed insulin pump . Many who have had good results with the Omnipod pump have had to switch to another insulin system when they went on Medicare in order to have this part of their health care covered by insurance .


Input: Where To Buy Disability Insurance?

Output: Disability Insurance can be bought online or it can be bought from an office . An agent who is licensed in Life insurance will also be able to sell Disability insurance , although they may not be experienced in Disability products , and may not be contracted with the best Disability insurance carriers . Therefore , ask , when you call the agency , to inquire about the number of Disability products offered and their expertise in selling them .


Input: How Does A Cash Balance Retirement Plan Work?

Output: Cash balance plans are qualified defined benefit plans under ERISA , the Employee Retirement Income Security Act of 1974 . Employers appreciate the discriminatory ability to favor business owners . Cash balance plans are also used in tandem with 401 -LRB- k -RRB- for enhanced contribution limits . The plans accumulate tax deferred and offer creditor protection .


Input: Why Buy Life Insurance Outside Of Work?

Output: The biggest reason to buy life insurance outside of work is so that you do not lose the life insurance when you leave your place of employment . That is not to say that you should not take advantage of the life insurance offered by your employer . It 's just a good idea to supplement your group coverage it with a private plan , so that you will be sure to have protection even if death occurs long after you retire , leave that job , or go on Disability .


Input: Why Buy Life Insurance Outside Of Work?

Output: Because you want to own it . Keep it . Not lose it when you either retire , quit or are fired . It is yours and is `` transportable '' . It allows you to select from the vast variety of policies available on the open market . The choices are all yours when you select it yourself , outside of work . Thank you . GARY LANE .


Input: Why Buy Life Insurance Outside Of Work?

Output: I assume you are referring to why buy individual insurance when you have group insurance . One reason would be ownership . With group insurance if you leave your employer you loose the coverage . You will probably have the option to convert part or all without medical evidence to specific plan at a much higher cost . With your individual plan , you are in control and can take it with you . Your employer could cancel or make changes to the group plan without your consent . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Are Life Insurance Proceeds Taxed At Death?

Output: Life insurance proceeds are exempt from income tax . If there is a part of the life insurance policy that is income earned beyond the death benefit -LRB- such as dividends or interest -RRB- , that will usually be taxable . Also , if the policy is a MEC -LRB- modified endowment contract -RRB- , income tax would be paid . If the proceeds are large enough to warrant estate taxes , federal estate taxed may need to be paid , depending on how the policy was set up .


Input: What Is A Cheap Car Insurance?

Output: In general , Progressive Direct & GEICO compete more on price than other companies . But no company hasthelowest rates for everyone . If you really want to save money on auto insurance , the best thing to do is check the rates of as many companies offering auto insurance in your state as you can . This includes companies selling direct to the public , agents primarily representing one company , like State Farm & Allstate , and independent insurance agents .


Input: How Do You Calculate Term Life Insurance Needs?

Output: The need for life insurance is a combination of what you owe and what those that you love will need if you predecease them . This calculation can be complicated or simple but it should recognize the needs of those who depend upon you . Since you indicated term insurance , the last factor is how long you will need the coverage .


Input: How Do You Calculate Term Life Insurance Needs?

Output: That is a great question ! If you are going to use the term policy to cover a debt , like college expense , or your mortgage , then use that amount . If you are gambling on it covering your life , plan for 8-10 times your current salary , and cross your fingers that you and your demise time it well with your policy . Otherwise , all the money you put into the policy vanishes when it ends . Good luck , and thanks for asking !


Input: How Do You Calculate Term Life Insurance Needs?

Output: There are some life insurance calculators that you can use to determine how much term life insurance you need . WEBSITELINK is a website that has free calculators designed to help you determine your term life insurance needs . Some people use the figure of 10 times their annual income .


Input: How To Pick A Medigap Policy?

Output: Do n't rely on your friends for advice . Most of them probably made bad choices , especially if they bought Medicare supplement plan F without really understanding their options . And do n't default to the big name carrier or one that is promoted by a well known senior PAC . If you do you will most certainly pay too much . Over 90 % of my clients do not buy plan F , nor do they pick a big name carrier and they really enjoy the money they save each month .


Input: How To Pick A Medigap Policy?

Output: Picking the right Medigap policy that best fits your individual needs is important . The policy that is great for your friend may not be the best plan for your needs . The best thing to do is to start looking at Medigap plans with an independent agent that specializes in Medigap -LRB- also known as Medicare Supplement -RRB- . That agent should be able to show you plans from several different insurance carriers and explain the differences to you . All Medigap plans have a letter such as Plan F , Plan G and so on . If it does n't have a letter it is not a Medigap policy . I would be happy to answer any other questions you have or you can also get more information on our website .


Input: What Are The Best Auto Insurance Companies?

Output: There are many factors to consider when weighing your choice for an auto insurance carrier . Obviously an agent can give you several options along with their opinions but being a former claim manager and having experienced a couple of claims of my own over 50 + years , I do my own checking into the claim service histories of the respective carriers . Ask your agent for some suggested sources for carrier customer service evaluation .


Input: What Are The Best Auto Insurance Companies?

Output: Auto insurance companies are subject to state regulation by your states insurance commissioner . They are also subject to regulation by the state in which they are domiciled . The commissioners chief concern is that the company keeps its promises . This enters into many aspects of the insurance operation ; however , an insurer admitted to your state is likely to keep its promises . Companies do develop reputations but even that can fluctuate quickly . Remember , you can always complain to your state commissioner .


Input: How To Evaluate Long Term Care Insurance?

Output: When evaluating long term care insurance , you will be given a spreadsheet of 2 or more companies ' products to compare . This makes it pretty easy to compare similar features of each policy . You will want to evaluate the companies : their rating , their rate hike history , whether they have a disproportionate number of claims against them . You can check the cost of care in places that provide long term care in your area , to make sure you are not buying too much or too little coverage . And here is a helpful evaluation sheet to examine different features of your policy : WEBSITELINK


Input: Can A Minor Be Beneficiary For Life Insurance?

Output: That 's a tricky question . Yes , but it would have to be put into a trust for the minor until that child turns 18 . It does n't mean they do n't have access to the money , they would just have to go through their guardian until they reach the legal age that would allow them to pull from the trust .


Input: Can A Minor Be Beneficiary For Life Insurance?

Output: Yes , a minor can be beneficiary for life insurance . However , if the proceeds are received prior to the legal age of becoming an adult -LRB- either age 18 or 21 , depending on the state -RRB- , the court will usually appoint a guardian to handle the child 's life insurance payments for them . Or , relatives may have to spend the time and money to appoint a guardian . If leaving life insurance to a child , it is best to have that set up ahead of time .


Input: When Does Medicare Pay For Skilled Nursing Care?

Output: Medicare pays up to 100 days of skilled nursing facility -LRB- SNF -RRB- care if the qualifications are all met ; days 1-20 in full , days 21-100 subject to $ 152 per day patient co-insurance -LRB- 2014 -RRB- . Qualifications to receive the Medicare SNF benefit : 1 . its necessary to treat an improving medical condition AND 2 . services are provided at a Medicare approved facility AND 3 . the person spent at least 3 days as an admitted inpatient at a hospital . -LRB- Note : many Medicare beneficiaries that go to the hospital are coded for an observational stay , due to stricter governance by CMS over higher cost reimbursements for inpatient admissions . If a patient is coded for an observational stay , and not an inpatient admittance for at least 3 days , they are not eligible for the skilled nursing benefit . Over 1 million Medicare beneficiaries lost SNF benefit last year due to observation coding -RRB- . If a doctor places an individual in a hospital or skilled nursing facility when the kind of care the individual needs could be provided elsewhere -LRB- i.e. at home or a non-skilled care facility -RRB- , the individuals SNF stay will not be considered reasonable and necessary , and Medicare will not pay for it . If an individual stays in a hospital or skilled nursing facility longer than necessary , Medicare payments will end when inpatient care is no longer reasonable or necessary . Although a Medicare plan may cover SNF copayments , given the qualification restrictions for the Medicare SNF benefit , Medicare beneficiaries should consider separate Short Term Care nursing facility coverage to manage the financial risk of an uncovered SNF stay .


Input: Will Medicare Cover A MRI?

Output: Medicare Part B covers diagnostic tests , including an MRI , when your doctor has determined it is needed to help diagnose a medical problem . Part B will pay for 80 % of the expenses - you 're responsible for paying the other 20 % . A Medicare supplement plan would cover these expenses .


Input: Will Medicare Cover A MRI?

Output: An MRI is a diagnostic test and is covered under Medicare Part B . This year the annual deductible for Part B is $ 166 and after you have met that deductible Medicare will cover 80 % of all of you Part B medical expenses . Medicare Supplements cover the 20 % that Medicare leaves off . If you have a Medicare Advantage Plan you will have a co-pay for the test . The co-pay for a diagnostic test vary depending on the plan you have .


Input: Can You Rollover A Variable Annuity?

Output: yes a variable annuity can be rolled over . Its no different than rolling over any other investment vehicle . You simple must make sure its it rolled over into a IRA or approved retirement instrument . The variable annuity is usually tied to a Mutual Fund . So timing is everything but not always logical to try roll over with the price share being its highest .


Input: Can I Get Life Insurance With Hep C?

Output: Yes , most people can get life insurance with Hep C . If you want a policy that pays 100 % of the death benefit from day one , or for face amounts over $ 100,000 , there will be some medical requirements . The Hepatitis C must be stable and liver labs close to the normal range . Those who have never had a liver biopsy will pay higher rates , although if you have had a liver biopsy it can not show cirrhosis . If you have had Hep C treatment that was still successful at least a year after the last treatment , rates will be best . If treatment was recommended and proved unsuccessful , or if liver labs are high , or other signs that the Hep C is not under control , then there are simplified or guaranteed issued policies available to nearly everyone who has Hepatitis C . What you can get will depend on your age and the products offered in your state . Contact an agency with experience in writing life insurance for people with Hep C to find your best rate .


Input: Can I Get Life Insurance With Hep C?

Output: Yes you can ; however , the cost of insurance will be higher than if you did not have Hepatitis C. Most `` guaranteed issue '' life insurance policies would allow for this disease without the requirement of a health exam . The application consists of medical and prescription questions , but no fluid samples are required . Guaranteed issue policies are more expensive because they are designed for people with illnesses to have access to life insurance coverage .


Input: What Is The Cheapest Occupation For Car Insurance?

Output: To be honest with you , I am not exactly sure how to answer your question . I will say that if you use your car for a delivery business , for example newspaper or pizza , odds are you will not have coverage under your car insurance policy . It is best to check with your Insurance Professional about the terms and conditions as well as any limitations in your policy . Likewise , if you use your car for work , you may pay more than if it is just used for commuting or pleasure .


Input: Why Do Life Insurance Policyholders Lapse?

Output: That is a great question ! There are a couple of common reasons I 've found for why most policies lapse . The most common is that people no longer can afford the policy , and so just stop paying it . This is unfortunate , as often they leave cash in the policy that could have been theirs . Another common reason is that the person who had been paying the premium passes , and no one knew the payments were n't being made . I 've seen this far too many times when a parent or spouse has passed , and the insured receives a notice of cancellation . The last is poor record keeping . People switch bank accounts , and forget to notify the insurance company , which tries to draw payment off the closed account , and the policy lapses . I hope that helps , thanks for asking !


Input: Why Do Life Insurance Policyholders Lapse?

Output: Life insurance companies do everything that they can to maintain a life policy . If a premium is paid within 30 days of the due date , it is accepted and policy remains in force . If there is cash value in the policy , the cash value can be used to maintain the policy in force . People do stop paying on their life insurance policies . This is usually due to a change in circumstances .


Input: Why Do Life Insurance Policyholders Lapse?

Output: Life insurance policyholders do n't lapse per se , but life insurance policies do . When a life insurance premium bill is received , there is a stated due date for the premium . The life insurance company then provides an additional 30 days past the due date before the policy lapses . Technically , coverage stops at the end of the 30 day lapse period if no premium is paid . After the lapse period , there is a 30 day reinstatement period , in which there is no coverage , but the missed premiums can be paid to put the policy back in-force . If premiums are not paid during the reinstatement period , the only way to continue coverage is to go back through medical underwriting .


Input: How Much Would It Cost To Buy Health Insurance?

Output: This is a great question , The cost of a health plan depends entirely on many different factors such as insurance company , your age , height , weight , gender , deductible , etc.etc . Keep in mind , normally the higher the deductible , the lower the premium . A broker can help you with details on your specific case in your area .


Input: How To Buy Disability Insurance Online?

Output: To buy Disability Insurance online , go to a website that sells Disability Insurance and request a quote . It is very difficult to obtain an instant DI -LRB- Disability Insurance -RRB- quote because there are so many variables to DI policies . So using an online Contact Us form or emailing the website email address might work best . Keep in mind that many online websites that only give instant quotes for Life Insurance , also offer Disability Insurance quotes from a number of DI carriers -LRB- as our website does -RRB- . That is because licensed Life agents can also sell DI , and many of the same companies that offer good Life insurance policies also offer good Disability Insurance policies . Again , calling or emailing the website is your best way to determine where and how to purchase Disability Insurance online .


Input: How To Buy Disability Insurance Online?

Output: I would not recommend trying to buy disability insurance on your own online . There are many moving parts to disability insurance - this is a type of coverage you should consult with an experienced independent disability insurance broker about . Disability policies are very customizable and are much more involved than other types of coverage -LRB- e.g. health insurance and life insurance -RRB- . Factors such as your occupation class , your income level , the state you live in , your medical history , your age , your desired benefit amount and benefit period , if you want cost of living adjustment riders -LRB- and other types of riders -RRB- , and other factors all impact your policy 's structure and premiums . There 's an instant quote generator on my website that you can use to get an idea of pricing - please note though , given the strong customization of products and factors that go into underwriting , I would still suggest talking to a broker before deciding to apply for a policy to make sure that what you 're getting is attainable . Keep this in mind when looking at disability coverage - the MOST important factor to look at in your research for the coverage is the DEFINITION OF DISABILITY . Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any further questions . Thanks very much .


Input: How To Buy Disability Insurance Online?

Output: Our website is able to assist you in buying Disability Insurance , and I 'm sure there are other websites that do so , as well . You do need to call in so that you get a thorough explanation of all the features and are able to pick those you want . Also , health questions must be asked so that you get matched with the best company and lowest price for your particular health details .


Input: How Can You Cash Out A Life Insurance Policy?

Output: If your policy has a cash value and you want to cash it out , talk to your agent or the company . You will need to fill out forms . You should also check if there is any surrender charges when you cash out . I would suggest you talk to a licensed insurance agent before making any final decision . Cashing out a life insurance policy can have tax consequences .


Input: When Can I Change My Medigap Policy?

Output: You can change your Medigap policy at any time during the year . Medigap plans are not restricted to the Annual Enrollment Period -LRB- AEP - Oct 15-Dec 7 each year -RRB- . If you 're outside your initial open enrollment period when you first enrolled in Medicare Part A & Part B and are not eligible for a guaranteed-issue right , then you will have to go through medical underwriting -LRB- answering yes/no health questions - there are no exams for Medigap plans -RRB- . I hope the information is helpful - please feel free to call me if you have any questions about Medigap plans , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: How Much Car Insurance Should You Have?

Output: How much do you want ? If you have present and future assets to protect , you will want liability limits in amount to cover them in the event you are sued . Limits of liability in an auto insurance policy are typically available up to $ 1,000,000 . If you are less concerned about protecting your assets and/or are looking only to meet the requirements of your state , limits as low as $ 10,000 or $ 20,000 are available at lower cost . If you have no medical insurance or a medical insurance plan with higher deductibles and/or high co-pays , you may want to consider adding medical coverage to your auto insurance policy , often available up to $ 100,000 . If your car is other than a classic or collecteble car less than 10 years old you may want to include collision coverage for damage incurred in an accident and comprehensive coverage for other types of physical damage , both subject to a deductible you pay 1st , ranging from $ 0 at higher cost to as high as $ 5,000 for lower premium . Should and want are different for different people , so consult your insurance professional for a plan that 's right for you .


Input: How Much Car Insurance Should You Have?

Output: How much auto insurance is enough ? I once heard a story from a gentleman that may answer your question . He told me about an accident he had when he was younger . At the time of the accident he did n't own much and had very little in savings , so he was taking a chance by owning and driving a car without insurance . He figured sice he did n't own much and since the car was an old oil burner , he did n't need it . Then one day he was in a hurry and was trying to beat a yellow traffic light before it changed to red , when he clipped the front end of another car coming through the intersection in front of him . He said that when he came to , he checked himself out , then searched for the other driver . When he found that both he and the other driver were uninjured , he was thrilled . As he looked around more closely he found himself inside a building specifically a liquor store and was right in the middle of the Scotch aisle . When the dust settled the other driver had claimed only $ 15,000 to replace his car ... . but the store owner sued him for over $ 500,000 in damages to his store and contents . The judge awarded a total of $ 515,000 in a damage award and the old gentleman told me he was still working to pay off the judgement now 10 years later . The answer to your question is buy as much coverage as you can afford . Do n't be fooled by some auto insurace brokers when they try to sell you the state minimums as you could be paying for that cheap policy in the years to come !


Input: What Is Whole Life Insurance For?

Output: That is an excellent question ! Each of the two main types of life insurance has a purpose that it was specifically designed for in the way that it protects . In term policies , it 's to provide coverage for a period of time , and to make large amounts relatively cheap . For whole life , it 's to provide coverage that ca n't be outlived , and to provide cash options that are not available in the term policies . The need you have should be matched to the purpose that best fits that need . I hope that helps , thanks for asking !


Input: What Is Whole Life Insurance For?

Output: A whole life policy is designed to last a lifetime . Term life insurance is not . A whole life policy develops cash values which allow the company to charge a level premium . Term insurance is prohibitively expensive even if you keep a policy only to life expectancy -LRB- 78.9 . -RRB- The cash value in a whole life insurance policy provides flexibility to meet many of lifes challenges .


Input: What Is Whole Life Insurance For?

Output: First of all , whole life insurance is for what all forms of life insurance are for , to pay a cash benefit to the policy 's beneficiaries upon the death of the policyholder . Without getting into the whole term life insurance versus permanent life insurance debate , whole life insurance policies are generally designed to build up what is called `` cash value '' over the years that the policy is in effect . This cash value may accrue in addition to the face value -LRB- death benefit amount -RRB- of the life insurance policy . For example , a $ 100,000 face value whole life policy that has accumulated $ 10,000 in cash value at the time of the policyholder 's death would pay out $ 110,000 . In some cases this cash value can also be accessed by the policyholder or taken out as a loan to be paid back if the policyholder has a need to access this asset . Another aspect of a whole life policy is that you can fully pay for a whole life policy and have it in effect for the rest of your life with no further premiums required . This may be accomplished with a one time lump sum payment of premium or payment over a specified period of years . This assures the policyholder that they have life insurance protection in their later years when their ability to pay monthly insurance premiums may be severely reduced or even eliminated . This is in contrast to term life insurance which covers the policyholder for the specified term -LRB- time period -RRB- of the policy -LRB- usually 10 , 20 or 30 years -RRB- and then ceases to be in effect , has built up no cash value and leaves the policyholder uninsured unless they have made other arrangements . Term life insurance does have the advantage of being less expensive than whole life insurance and other forms of permanent life insurance . Personally , I believe that people should have a mix of term and permanent life insurance protection in place during the course of their lives but this is a discussion you should have with your financial advisor and insurance agent to determine the best strategy for your needs .


Input: What Health Insurance Plans Cover Maternity?

Output: The answer t your questions depends on a couple factors like location as insurance is sold sate by state . The easy answer is GROUP insurance . If you have insurance provided by your employer , you likely have maternity . Blue Cross has a maternity rider you can add at time of application . It is expensive and you have to have it several months before the pregnancy . The Affordable Care act fully implemented January 2014 includes maternity . If you are already pregnant , you OBGYN will work with you on payments . Should there be a medical emergency your insured wife will get the medical attention she needs as will the baby AND the mother your child is born he / she is covered on your existing plan . You have 30 days to inform your carrier so the new born can be added to the policy .


Input: What Health Insurance Plans Cover Maternity?

Output: Many health insurance plans cover maternity . Aetna and Blue Cross are two major carriers that offer maternity coverage on many of their plans . If you can wait until 2014 , just about all plans will be mandated -LRB- required -RRB- to include maternity benefits . It will increase the cost of policies , but getting pregnant wo n't cause alarm bells to go off with your health insurance any more . Open Enrollment begins in October for 2014 plans and a federal tax subsidy will be available for many Americans . An experienced broker will find and compare the best maternity coverage for you , and simplify the application process .


Input: Why Do We Need Health Insurance Companies?

Output: That is a great question ! I 'm sure that you are n't the only one who wonders ! The sad truth is though , that between costs of research and development , advertising and marketing , and protection from litigation , most health products are considerably more expensive than they need to be . Services , salaries and overhead contribute to costs also . Could you afford to have a medical emergency without health insurance ? Guess what - 60 % of all bankruptcies are a result of medical emergencies . There 's a great reason . Thanks for asking !


Input: Why Do We Need Health Insurance Companies?

Output: Like other forms of insurance , the basis of the health insurance companies is the need to share a risk that is too great for an individual . Companies are formed to provide the framework for administering these groups . Ultimately the company handles administrative work because the vast majority of the funds received are used to pay the medical expenses of the participants in the plan .


Input: How Can I Get Car Insurance As A High Risk Driver?

Output: Just because you are a high risk driver does n't mean you ca n't find auto insurance . As long as you have a valid driver 's license and are willing to pay the required premium you should be able to find coverage . Call a local agent to find out more about coverage availability and pricing .


Input: How Can I Get Car Insurance As A High Risk Driver?

Output: You can get car insurance if you are a high-risk driver . In fact , you may be eligible for rates that are much lower than you expected . Not all companies are going to charge you an exorbitant rate . Finding the carriers that offer the best prices is the ultimate challenge and there is one way to obtain the best prices for your car insurance . Utilize an experienced broker and their website . That 's what we do best and we take care of our customers 24/7 . When you our websites , you 'll see many affordable options for drivers with multiple tickets and accidents . Although a recent DUI will cause the rate to increase , as the age of the violations increases , better rates will become available .


Input: Can Disability Insurance Be Used For Maternity Leave?

Output: If you purchase short term disability before you are pregnant , the disability insurance policy could be used to provide income during maternity leave . Long term disability is used for complications with pregnancy or recovery from childbirth that cause you to be away from work for an extended period of time .


Input: On Average How Much Is Car Insurance?

Output: Based on my experience within my geographic location , I would say the average cost at an average level of liability only coverage would be around thirty to fifty per month and full coverage would be around seventy to one hundred dollars per month . Contact a local agent in your area to find out more about coverage availability and pricing in your area .


Input: Who Established Medicare?

Output: Medicare was created by congress in 1965 under the social security act and signed into law by President Lyndon B. Johnson . It was created to help provide health insurance to people age 65 and up , regardless of their income or health status . Several major changes have been made to the programs over the years such as the Medicare modernization act , signed in 2003 , that added outpatient prescription drug coverage -LRB- as well as a number of other benefits -RRB- .


Input: Who Established Medicare?

Output: Great question ! The Medicare program was a part of President Lyndon Johnson 's war against social inequality , and was signed into law with bi-partisan support in 1965 . He put into place several social safety net programs that were designed to help Americans get out of , or avoid poverty , and many that were designed to eliminate inequality or segregation . Many senior citizens were unable to afford medical help at that time , as costs were prohibitively high for an elderly person , as opposed to a younger one . This program made receiving health care for everyone a possibility . It also helped desegregate many hospitals and providers ' offices , as it tied program payments to integration.Thanks for asking !


Input: Where To Find Disability Insurance?

Output: Shopping for disability insurance should take place online . There are several disability insurance brokerage outlets that offer all the major companies , some with side by side comparisons to help you get up to speed on the inventory of disability insurance companies in the market . One of the leading companies in disability insurance is The Standard .


Input: Where To Find Disability Insurance?

Output: Although you can shop online , many people also use the broker they already have for life and/or health insurance.Most independent brokers will go through a managing general agency -LRB- yourrates will be the same regardless -RRB- , which allows them to present you with multiplequotes from several companies . It 's helpful to use an agent you already know and trust because you can be sure they 'll be by your side should a claim occur .


Input: Is Life Insurance Good For Kids?

Output: Getting Life Insurance on kids can be a good idea . Thankfully , children do not usually need life insurance due to death , but there are other advantages to kids having life insurance . The main one is that they can get a rate locked in at a young age and in very good health . If there is a family history of type 1 diabetes or other disease , this can save them a lifetime of having to pay higher rates .


Input: Is Life Insurance Good For Kids?

Output: Is life insurance good for kids ? Well , it very much can be a great choice for kids . First there is that passing away aspect , but really that 's not good for kids is it ? Second , if you set up the plan correctly you give your kid the best opportunity that few have . You create several situations where the insurance company can only say `` yes '' and that is powerful if you think about it . Finally , you start your kid financial plan for them before their first job or even before they drive . You can set the foundation for your kid to grow financially from . Insurance is cheap when your young and time creates outstanding returns for what is essentially a safe investment .


Input: Is Life Insurance Good For Kids?

Output: Picture this : You are a newborn , just a few weeks old . Your parents love you dearly and want everything in the world for you . They especially want you to be strong financially . They think ahead and realize that life insurance is going to be key to your financial future . So they take out a policy . On you . With one of them as the owner and beneficiary . Its a good-size policy , from a good strong company , that provides solid guarantees . Its designed to last your lifetime . They just keep paying the premium and let it ride . The guaranteed cash values grow , the non-guaranteed cash values grow , and the survivor benefit increases . Just let it ride . When you become an adult , they gift it over to you . Of course , their attorney advises on how to handle the transaction . So now , you know what ? You are walking into adulthood with a life insurance policy already in place . The cost is fantastically low because it was issued when you were just a little kid . And it has a lot of other perks as well . When you buy a home and want to cover the mortgage , you will need life insurance . Good news ! You already have it . If you start a business and need a bank loan , the lender will want you to have a policy in place . Good news ! You already have it . Here are some other perks : You may take a job that requires foreign travel . That might make a new policy pricey . Or you might take up mountain climbing as a hobby . That might make a new policy pricey . Or you might unfortunately come down with a chronic medical condition . That might make a new policy pricey . Well , you wont need new coverage because - Good news ! You already have it . And what if you have an emergency expense and need access to cash quickly ? You have it in your policy . What if you want to start a new business and need starting capital ? You have it in your policy . Maybe you need a source of funds to supplement your retirement income ? You have it in your policy . Yes , I think life insurance is good for kids , because kids become adults .


Input: When Should I Get Health Insurance For My Baby?

Output: Typically the new born child must be added within 30 days after birth . Please contact your insurance carrier or HR department to do this ASAP . Very important and time sensitive , the sooner the better . The baby may be admitted under it 's own name right after birth for various reasons and coverage must begin then . Most insurance companies require notice within 30 days of birth


Input: When Should I Get Health Insurance For My Baby?

Output: The sooner youget coverage for your child the better . Your advisor or broker should be able to add your infant to your exisiting policy relatively easily and quickly without any underwriting . There must be at least one parent or guardian on the policy with the childif you are not currently covered and the underrwriting process would go into affect when insurance is applied for .


Input: When Should I Get Health Insurance For My Baby?

Output: You should get health insurance on your baby as quickly as possible . Preventive benefits are covered at 100 % on most plans and since your child is very young , rates would be extremely low . `` Child-only '' plans are not as widely available as they will be in 2014 , but it 's still important to seek coverage . A licensed and experienced broker can help you compare the best plans with the most comprehensive coverage . The application process is very quick and you could use coverage without a waiting period . We always advise our clients to seek coverage on children as quickly as possible to take advantage of comprehensive preventive coverage .


Input: Is Termite Damage Covered By Homeowners Insurance?

Output: The most common form of homeowners insurance specifically excludes coverage for damage caused by insects . There is , however , coverage for unseen damage that leads to collapse . The policy is not designed to fix a problem , rather it is designed to restore after there is damage .


Input: Is Whole Life Insurance Better Than Universal Life Insurance?

Output: One product is not better than the other . The answer depends upon what your needs are , and your tolerance for risk . Whole life insurance is better for people who want surety . There is a guaranteed death benefit , guaranteed interest rate , and guaranteed level premiums for life . Universal life insurance is better for people who prefer flexibility . You can choose between different cash accumulation options -LRB- A or B -RRB- . You can choose to make extra premium payments to accelerate cash accumulation , and and riders for long term care .


Input: Is Whole Life Insurance Better Than Universal Life Insurance?

Output: First there are more than one kind of Whole Life and more than one kind of Universal life policies , but as indicated above what is best for YOU depends on your needs and goals . Personally I 've seen too many times that people who buy Universal policies are uninformed as to how they work . Then when the cash value has been eaten up by the increasing cost of insurance and the policy eventually terminates due to non payment of the increased premium , the policy holder is no longer insured and ca n't afford a new policy ! With Whole Life as well as Universal you may pay more into the policy and increase the cash value as well as the benefit faster . But with Whole life the premium is guaranteed for life and the cost of insurance will not increase and devour the cash value and the policy ! Personally I favor Whole Life with a Mutual company that pays dividends on top of the guaranteed interest .


Input: Is Whole Life Insurance Better Than Universal Life Insurance?

Output: Life insurance is mathematics . It allows the designers of insurance policies great latitude to design policies that will meet the specific needs of a group of people . Whole life is just right for some , while universal life is better for others . The company issuing the universal life policy often issues a whole life policy because it is just the way the numbers are manipulated . Buy the policy that seems best for you .


Input: Does Home Insurance Cover A Leaky Basement?

Output: If you are talking about water seeping in through the foundation ; it is not typically covered under your homeowners policy . Flood insurance is available to cover for damage due to flooding and is required most financial institutions if you property is in a flood plain . Flood insurance handled through the Federal government and sold through individual insurance companies . Most homeowners policies due offer a special endorsement for Sump pump failure and/or sewer backup . Every policy is different . Please read your policy entirely to determine your policies coverage and exclusions or contact your local agent to have them explain the coverages contained in your policy .


Input: Does Bipolar Disorder Affect Life Insurance?

Output: In short , yes . A person with bipolar disorder or manic depression has a type of mood disorder with wide swings between extreme elation and severe depression . Before engaging in the formal underwriting process , a life insurance professional would need to collect some information up front : Was this a single episode ? Was the episode brief in nature or did it continue for some time ? What triggered the episode ? Is it still ongoing ? Is it likely to recur ? When did treatment end ? Is medication still required ? The answers to these questions will help the life insurance professional determine the best way to shop the case for the best possible outcome since insurable cases may result in different offers from different insurers . Be sure to deal with a life insurance professional with access to many insurers and with experience in handling complex underwriting matters .


Input: Does Bipolar Disorder Affect Life Insurance?

Output: Bipolar Disorder does affect Life Insurance rates and the type of policy the person with bipolar disorder can get . The most favorable scenario is for the applicant 's Bipolar Disorder to be stable for over a year , medications stable , and able to successfully hold down a job . In that case , rates can be Standard and the applicant can get any type of policy or face amount that they financially qualify for . If the Bipolar Disorder causes the person to be on Disability or it has been difficult to stabilize , then a simplified issue policy might be in order . This has some limits on face amount and might possibly be graded . However , there is usually a choice of policies for the person with Bipolar Disorder if you contact the right agency who understand and carries policies that cover it .


Input: Does Bipolar Disorder Affect Life Insurance?

Output: Yes , Bipolar Disorder effects the purchase of a new policy , but does not effect an established policy . In other words , being treated for Bipolar Disorder after the policy has been issued , does n't effect the policy . Unfortunately , when applying for a policy , Bipolar Disorder will effect the classification given a person for pricing purposes . Depending on the condition , it could also mean a decline . It is best to work with an agent who can access several companies and pre-underwrite the applicant to find the best possible situation for the applicant .


Input: Does Bipolar Disorder Affect Life Insurance?

Output: It will affect your rating and can result in a decline withcome types of life insurance coverage . The main job of your life insurance broker is to shop the underwriting of different companies for you . One company may give you a complete decline over bi-polar disorder and another one will issue standard or table rated . Some simplified issue life insurance policies will not rate you up at all with bi-polar .


Input: Does Bipolar Disorder Affect Life Insurance?

Output: When someone has Bipolar Disorder , life insurance underwriters will want to see that the applicant 's disorder is controlled and does not significantly interfere with the applicant leading a normal life . Compliance with one 's medication and treatment plan is crucial . The underwriter will want to see stability for at least a year . For a medically underwritten policy it is also important that the applicant is not on disability specifically for the Bipolar Disorder . If the applicant does not meet all of the above criteria , there are simplified , no exam policies available for most persons with Bipolar Disorder .


Input: Can Annuities Have Beneficiaries?

Output: Yes , annuities can have beneficiaries , and most do . They are similar to the beneficiaries on a life insurance policy in that the value of the annuity goes to the beneficiary without passing through probate . If the annuity has already been annuitized , the remaining annuity payments will be made to the beneficiary . Life income annuities payments do end with the death of the annuitant , unless they are life income with term certain , or provide a cash refund if the amount put in to the annuity has not yet been paid out .


Input: Can Annuities Have Beneficiaries?

Output: The annuity application has three possible persons involved : The policy owner , annuitant and beneficiary . The beneficiary can be more than one and can also select a contingent beneficiary if the primary beneficiary is no longer alive . The policy owner can also change the primary and/or the contingent policy beneficiary .


Input: How Do Health Insurance Agents Get Paid?

Output: Typically a health insurance agent is paid a commission that is based on a certain percentage of the premium paid by the insured . This percentage can vary from carrier to carrier and my even vary from level of plan to level of plan . There are some new restrictions on how much these types of costs can be within the new healthcare law so the commissions should be lower than they were before 2014 . Hope this helps .


Input: Does Gerber Life Insurance Work?

Output: Yes , Gerber Life Insurance works . Gerber carries several types of policies , and each one has its own unique features . So be sure you are comparing `` apples to apples '' when you are comparing Gerber policies to the policies offered by other companies . E.g. Do n't compare Whole Life to Term Life , check to see how long the rates are guaranteed to remain level , etc. .


Input: Does Gerber Life Insurance Work?

Output: Gerber Life Insurance is an A rated carrier that sells both term and permanent coverage . The Gerber name is well know for baby food and because of that , they have a name in the marketplace that suggests family , safety , etc. . Other than that they are generally involved in the lower tiers of life insurance coverage , and do much of their business through the mail . They also offer several plans that do not require an exam .


Input: What Does Homeowners And Renters Insurance Cover?

Output: Both the renters and the homeowners policies are comprehensive packages of coverages that meet the most common needs of tenants and homeowners . Both policies cover your personal property and additional living expenses . Only the homeowners policy covers the residence and other structures on the property . Both cover liability and medical payments when someone is injured on the property .


Input: What Is The Difference Between Fixed And Variable Annuities?

Output: Non-qualified tax deferred annuities have three crediting methods : fixed interest rate crediting , indice crediting or fixed interest rate crediting , indice crediting or separate subaccounts using equity and bond instruments . Fixed interest rate annuities guarantee a declared rate for a specific period like 5 , 7 or 10 years . A variable annuity is a security and an insurance product that offers a general account crediting an interest rate that can change at the policy anniversary and separate subaccounts using equity and bond instruments that can credit or debit , i.e. lose money . A personal financial profile needs to be conducted , including risk tolerance assessment to determine product suitability .


Input: How Much Life Insurance Should A Married Couple Have?

Output: The amount of life insurance that a married couple should have will depend on many factors . Your income , your amount of debt , whether you have children , the things you want to use your life insurance for , and your budget will all enter in your calculations on how much life insurance to purchase . You should contact a reputable life insurance agent to help you determine your need , and then help you find the best prices for the policies that best suit your needs .


Input: How Much Life Insurance Should A Married Couple Have?

Output: Video Transcript : Today 's question is , `` How much life insurance should a married couple have ? '' Well , generally , married couples now are dual income . Everybody 's working , it seems like , today . Their mortgage 's usually predicated on two incomes , their debt is predicated on two incomes , all the ability for them to pay for college education and future retirement is generally predicated on those two incomes . So you want to protect both of them and you want to be able to cover all those arenas , including by the way , income if one spouse dies . I want the death benefit to pay off all those obligations and all those indebtedness but I also want it to pay and generate an income so that my spouse can stay in the house , can go ahead and pay off those bills , and meet all our future obligations , especially if we have children involved . Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com


Input: How Much Life Insurance Should A Married Couple Have?

Output: Married couples may have one or two of them earning outside income . They also may have one or more kids nor none . They may have a mortgage , or credit card debts . All these things need to be discussed and considered with a knowledgeable life insurance agent . As a New York Life Agent , I have experience in assisting couples to determine the appropriateinsurance coverage . Most folks believe that a simple one or two times your income is enough coverage , but that is not always true . Consider what the survivor would be faced with upon the death of one spouse . We can work out a detailed expense sheet and come up with a plan . We can start with temporary insurance if funds are tight and build to whole life and a growing cash value , as things grow .


Input: Can You Have 2 Disability Insurance Policies?

Output: Yes . And , they can be from different carriers , although I recommend that for convenience sake that they be from the same carrier , if possible . If you go on claim , you might have double the paperwork with two , separate carriers . It often happens , for example , that one be covered by a group plan at work and yet still not have up to 2/3 of income insured against disability . The maximum monthly benefit allowable on the group plan and any other voluntary employee DI benefits one can buy might not stretch to reach that goal . -LRB- The total amount of income replacement from all coverage usually can not exceed 2/3 of income . -RRB- Often , the provider of the group plan of insurance also writes coverage for individuals . An individually-owned supplemental policy can wrap around the group coverage . If the group carrier doesnt write individual policies , however , most any good DI carrier provides such additional coverage .


Input: How Much Should I Expect To Pay For Auto Insurance?

Output: Depending on your state the rates can be as little as 20 a month or much more . The rate factor is based on the area you live in and yes your credit plays a part . However if you have good credit they give you a preferred rate but if your credit is not the best in our state then you get the standard rate . They do not put you in a high risk if your credit is not the best . Also in our state being married or your sex plays no affect on your premiums . There are many online carriers but a local agent can sometime be more helpful and making sure you are properly covered and discuss your needs when you shop online only you never get to talk to the same person and they may or may not be able to sell you the best coverage at the best rate . our agency specializes in 24/7 service is an important factor also . I personally answer the phone . NEVER have to call an 800 number and never have to worry about your information being sold to other companies so that you are getting slammed with emails and phone calls from other carriers trying to sell you insurance . Al Local agent can also quote with 100 's of companies also . Unless they are a captive agent which means they can only sell one carrier . As always you can contact your State insurance commissioner and ask them about the carriers in your state including online companies and the complaints they have or have not received . Like our mission statement says Where you can simply Trust to expect the best . We compare rates for you and if we do not have the best fit for you we will recommend other agencies and carriers . It is all about service


Input: How Much Should I Expect To Pay For Auto Insurance?

Output: In California car insurance rates are approved by the state Insurance Commissioner . They take into consideration , the driving record of all the members of the household , the type of vehicle to be insured , the use of the vehicle , the annual mileage of the vehicle and where the vehicle is located . An inexperienced driver , with a lousy driving record , driving20 ,000 miles a yearin a new sportscar who lives in a densely populated area can expect to pay a great deal . Total Words : 82 ay a lot for auto insurance .


Input: How Much Should I Expect To Pay For Auto Insurance?

Output: Your auto insurance premium depends on many factors that include your age , location , types of cars you drive and of course , your driving record . And credit could also become a factor . You could pay as little as $ 25 per month or 10x that amount . Finding the best rate is another challenge . As experienced brokers -LRB- with the help of our websites -RRB- , we search , shop and compare all of the major insurers to help customers find the lowest price . The old slogan `` WE Shop And You Save '' is actually quite true !


Input: How Much Should I Expect To Pay For Auto Insurance?

Output: You can expect to pay an affordable amount for your car insurance ... if you shop the right way ! An experienced broker can provide detailed rate quote information from top-rated companies , so you can view the best prices . Whether you have a great driving record or a few tickets , getting free quoting help will save you money . LIVE answer provided by : Ed Harris - Premier car insurance broker for more than 30 years and owner of several nationally-rated websites that offer the best available rates .


Input: Can I Buy A Life Insurance Policy Online?

Output: When you go to buy a life insurance policy online , you will run into a number of options . From the most to least automated , here are some of them . 1 -RRB- You put your information into an online application and your policy is issued within minutes . I have seen these websites come and go and am not sure how many exist online at this time . Premiums are comparatively high because they do little to no medical underwriting , and everyone may be lumped together at the same price . It puts a lot of responsibility on the individual to read the fine print . 2 -RRB- You enter your information online and get a quote . At this time , you fill out an application with an agent over the phone , or fill out the app online and then do a phone interview with the life insurance company . Because this type of policy digs a little deeper , premiums are more competitive . I like this option for people who are in a hurry or who hate to fill out paperwork . I do recommend at least talking to an agent before filling out the application with the company , as an agent can steer you in another direction if there is something in your profile that would cause you to be declined or rated up . 3 -RRB- You get a quote online , then email or talk to an agent to determine whether that is your best rate . Then you are mailed or emailed an application that you can complete and fax , mail or email back . There may or may not be an exam involved . At the end , you have a policy just like you would have had if you had gone to a local insurance office . This is a good choice for large face amounts and for people with health conditions . It allows us agents to be involved from the get go so that we can prevent problems and make sure the policy is issued at your best possible rate . The best part about buying life insurance online is being able to do it all from the comfort and convenience of your home . You can make it as automated or personal as you like . I hope the above helps you determine what option is best for you .


Input: Im 17 Where Can I Get Cheap Car Insurance?

Output: at age 17 you are not old enough to `` contract '' . Therefore the only source of insurance for you is through being listed on the same policy with your parents and therefore your parents have the right to consider if you conduct yourself responsiblyor if you are a headache and if they are going to risk having insurance covefrage for you and if they are going to trust you to drive and not cause your parents to find themselves being sued for your lack of good judgment


Input: Is Long Term Care Insurance Worth The Money?

Output: Long term care is worth the money if you receive more benefits than you paid in premiums . But you also must consider the peace of mind you obtain by having the coverage . Of course , you really DO N'T want to ever use the policy -LRB- or any insurance policy -RRB- , but from a pure rate-of-return standpoint , it can be worth the money .


Input: Where Are Fixed Annuities Invested?

Output: An insurance company invests deposits for fixed annuities into their General Account . The General Account is made up of mostly US Treasuries , along with Corporate Bonds , public debt issues , real estate , & some equities . The exact ratio and makeup of the General Account varies from company to company . But for the consumer , what matters is the interest rate of the annuity and what that particular product is offering . As long as the insurance company is well rated by an independent rating firm , the makeup of the General Account has no meaningful impact on the policy owner . It is important to know that insurance companies are required to invest enough money into treasuries to be able to cover all guarantees promised in contracts they issue . So any guarantee they have made is mostly backed by treasuries .


Input: How Much Long Term Care Insurance Should I Purchase?

Output: To calculate how much Long Term Care Insurance to purchase , you should first find out what the average cost of nursing home care is in your area . Then , consider your own income . You could buy a LTC policy that covers the full cost of your nursing home care . Or you could save policy premium by subtracting the amount of your income that you can pay for your care , from the total nursing home cost , and just purchase Long Term Care insurance to cover the difference .


Input: What The Difference Between Fixed And Variable Annuities?

Output: The difference between fixed and variable annuities is that fixed annuities guarantee a certain rate of return for a set period of time -LRB- it could be for a number of years , or for life -RRB- . With fixed annuities , the insurance company takes on the risk to ensure that rate is paid to the annuity owner . Variable annuities have the potential to return higher payments because they are invested in securities such as stocks , bonds , and/or money markets . However , they also have the potential to lose money -LRB- although there is usually a sub account offered that has a guaranteed return -RRB- . The risk is on the shoulder of the annuity owner , not the insurance company .


Input: What The Difference Between Fixed And Variable Annuities?

Output: What are the differences between fixed and variable annuities ? Well , the biggest difference would be the investment pool you work from . A fixed annuity investment choices are made by the insurance company and you receive a stated % return for that year . You do n't have to do anything . A variable annuity shifts the investment risk onto the individual and they , not the insurance company -LRB- to a degree -RRB- decide what the annuity will be invested in . The Risk shifts to the insured and while the possibility exists to outgain the fixed annuity , the possibility of loss , even loss of existing balance exists . A variable annuity REQUIRES attention to a much great degree than a fixed .


Input: Who Is Covered On My Car Insurance?

Output: You and if married , your spouse are the primary named insureds . Also any resident children andrelatives in your household . Those of driving age would need to be formally listed on the policy . In some cases , you may also included other drivers who may have regular access and use of your cars , resident nannies for example . Finally , on a standard auto policy at least in CT , anyone who you freely designate to temporarily drive your car is also covered under your policy .


Input: What Does A Retirement Plan Trustee Do?

Output: A retirement plan trustee is to bring oversight of the administration and operation of the plan in compliance with 404 -LRB- c -RRB- and to fully disclose the cost for the retirement plan to the plan participants through 408 -LRB- b -RRB- -LRB- 2 -RRB- . The trustee should hold annual reviews for the plan participants and supply guidance to the participants whether in house or outside advisory services .


Input: What Kind Of Annuities Are There?

Output: The single premium immediate annuity is the policy from which every other annuity begins . This policy pays a lifetime steam of income in exchange for a lump sum of money . The first alteration was the deferred annuity where the payments did not start within a year but were deferred until later ; these usually allow you to contribute more to the annuity . Then there is the issue of where the money in the annuity is invested . Some are in company funds , some are in separate accounts and some are hands-on investments where the annuitant directs the investments . There are variations of these basic plans that appeal to some people and meet specific needs .


Input: What Kind Of Annuities Are There?

Output: Tax deferred annuities have three basic crediting methods : interest rate crediting , indice crediting and separate sub account crediting using equity and bond instruments . Single premium immediate annuities have varying payout schedule that can include one or two lives . A popular payout scenario the life only option that generates income you ca n't outlive .


Input: What Kind Of Annuities Are There?

Output: That is a great question ! There are a lot ! Simply put , there are two categories of annuities . One you plunk down your cash , and it immediately begins paying out your monthly payments , These are called `` immediate annuities '' . The other type takes your cash , and holds it , or `` defers '' the payments for a number of years before paying those monthly payouts . These are called `` deferred annuities '' . There are several different types of these , but again very simply , there are `` fixed annuities '' , that pay a set interest rate , there are `` indexed annuities '' , that pay interest rates that are based on the movements of a market , like the S&P 500 , or the Dow Jones . There are also `` variable annuities '' , that pay according to how well the investments within the annuity did -LRB- or did n't -RRB- do . That is a basic look at the types of annuities , I hope that helped . Please feel free to drop me a line if you 'd like more details , ok ? Thanks for asking !


Input: Does Suze Orman Recommend Term Life Insurance?

Output: At this time Suzy Orman reccomends Term Life insuance . In the past few years she has become a bit more tolerant of permanent products in some of her apperances . One should understand that Suzy does not have an insurance background , she has a securities background . The Securities industry has not promoted permanent life insurance since the laws were changed in the 1980s restricting how much money could be put into permanent life coverage in regards to tax status . Suzy was taught permanent was bad , by people who honestly felt permanent insurance took away money they could have for investment elsewhere . One thing to keep in mind when purchasing term insurance is always look for a `` convertible term '' policy . A convertible term policy allows you the option to purchase a new permanent policy without underwriting in the future just in case your planning does not come out exactly as you expected .


Input: Does Suze Orman Recommend Term Life Insurance?

Output: Suze Orman recommends term life insurance over participating whole life insurance , which she has a disdain for . She as well as Dave Ramsey are huge proponents of term life insurance . And for financial liabilities that are time certain events , thats just fine . Generally you can only recommend what you understand . That in and of itself can eliminate your opining on an area you just dont understand .


Input: Where To Find Life Insurance Policy For A Deceased?

Output: There is no accessible centralized database but there are ways to track down lost life insurance policies . Start by looking through all paperwork , receipts , annual statements , bank statements , checkbooks , calendars , address books , etc. . In the latter , look for , and contact , professional advisers e.g. life insurance , tax , legal , financial adviser or planner . Check the mail for the coming months for billing statements . Ask companies providing home , auto , health or other insurance coverage if life insurance was also held there . Contact your state 's insurance department and check the website for resources for locating lost policies . Some states have set up policy locator services . Also check the state 's unclaimed property databases . The MIB -LRB- Medical Information Bureau -RRB- is also a way to locate policies issued since 1996 from the insurance companies who are MIB members . There are also a few businesses who charge a fee to do this research for you .


Input: Where To Find Life Insurance Policy For A Deceased?

Output: Here is a link to the MIB , lost policy request . When you apply for Life Insurance , most companies request and report information to the MIB Group Inc. for underwriting purposes . So , providing your lost policy was reported to MIB , you should be able to find it . Not guaranteed however . WEBSITELINK


Input: Where To Find Life Insurance Policy For A Deceased?

Output: Some other places to look other than those places that Jerry Vanderzanden mentioned in his answer would be on the deceased persons pay stub . Some times an insured may buy a `` Voluntary Life '' plan through work and you may be able to find mention of the company or policy number on his or her pay statement . Many credit card companies and banks offer accidental death type policies for their customers , so those statements may be a good place to look , also safety deposit boxes are favorite hiding places for life policies .


Input: Who Does Endowment Life Insurance?

Output: Endowment life insurance is any life insurance contract with a guaranteed provision to endow . In the traditional sense , endow typically means that guaranteed cash value in the policy will one day equal the death benefit . So , after paying premiums over a certain period of time , the cash value accumulated in the policy will grow to equal the death benefit . In the mean time -LRB- prior to endowing -RRB- if the insured under the contract should die , the insurance company will pay the full death benefit to the beneficiaries .


Input: Can You Have Both Medicare And VA Benefits?

Output: Yes , you can have both Medicare and VA Benefits . One plan will be a secondary payer . Since the Veterans Administration benefits must be used at VA facilities , usually Medicare is secondary to the VA insurance . However , sometimes VA drug benefits are a good supplemental plan to Medicare , and thus becomes the secondary payer .


Input: Can You Have Both Medicare And VA Benefits?

Output: Yes , you can have both Medicare and VA -LRB- Veterans Administration -RRB- benefits . But in order to use VA benefits , you must get care at a VA facility . And Medicare does not cover services provided by a VA facility . So they are not altogether compatible . But VA benefits can be a good supplement for what Medicare does not cover , such as prescription drugs .


Input: How Does A Deductible Work For Auto Insurance?

Output: A deductible for auto insurance typically only for collision and other than collision -LRB- comprehensive -RRB- coverages . When you have a claim on your collision or other than collision coverage your deductible is your portion of the claim amount . In other words your deductible is the amount of money that you will pay out of your pocket toward the total claim amount . If you have a five hundred dollar deductible and the claim is for one thousand dollars then the carrier will only pay five dollars of the claim amount .


Input: How Old Is Medicare?

Output: Medicare started operating shortly after July 30 , 1965 , which is the date President Lyndon B. Johnson signed an amendment to the Social Security Act , authorizing it Medicare as part of the `` Great Society '' . Harry and Bess Truman were the first enrollees .


Input: How Does Car Insurance Value Totaled Car?

Output: A car insurance company will generally provide you with the value of your car - - pre wreck . A car insurance company will typically take a look at similar vehicles and how much they are selling for in your area . They may also take a look at the Kelly Blue Book Value .


Input: Is Amerigroup Medicare?

Output: Amerigroup is not Medicare ; Medicare is provided through the Social Security Administration . But Amerigroup is a Fortune 500 company that coordinates services for individuals in publicly funded health care programs , including Medicare and Medicaid . They sell Medicare Advantage Plans to cover expenses that are not covered by original Medicare .


Input: How Many Types Of Deferred Annuities Are There?

Output: There are 3 main types of Deferred Annuities . 1 . Fixed : These give a set fixed interest rate . 2 . Indexed : These credit index-linked interest gains 3 . Variable : These invest directly in the stock market , usually through various managed funds . There is a new type of `` deferred '' annuity called a Deferred Immediate Annuity . This is a traditional immediate annuity , except the income payments are deferred until a later date . Your deposit is credited some type of interest rate during the deferral period .


Input: Does Buying A Cat D Car Affect Your Insurance?

Output: If the vehicle has light damage you will probably find it difficult to obtain physical damage coverage . That is because the vehicle is already damaged . If you are trying to insure a car like this make sure that the agent carefully annotates his file and communicates completely with the insurance company . For your own safety have the vehicle checked by a dealer or approved station to determine if there is any damage to the chassis .


Input: Can You Deduct Car Insurance On Schedule C?

Output: I am not an accountant . There are two ways to claim the use of an automobile for business purposes . One way is to declare the miles driven in business . The government has an allowance that includes all expenses for operating the car . You apply that allowance to the mileage to determine your deduction . The other way is to itemize every expense of the automobile , in which case you would itemize the expense of the auto policy for that car .


Input: Can You Deduct Car Insurance On Schedule C?

Output: I am not an accountant . The cost of operating a vehicle in a business is deductible on Schedule C . There are two basic approaches . If you compute the mileage accumulated for business use and apply that to a table provided by the IRS you can use that to account for the use of your automobile . That figure takes into consideration everything from insurance to gasoline . If you wish you can deduct the actual expenses as incurred , in which case you can deduct the premium for the auto insurance to the extent that it was for business purposes .


Input: Does Life Insurance Test For Adderall?

Output: Life insurance does not specifically test for the presence of Adderall in the blood , but the life insurance application for a medically underwritten policy will ask what medications you are taking . Taking Adderall for ADHD will not affect your rate too much , as long as you are able to hold down a job and lead a normal life with your Attention Deficit Hyperactivity Disorder . If you are taking Adderall for narcolepsy or other causes , just be sure to explain on the application what it is for and how controlled that condition is . Something explained is much better than something omitted or left to the imagination , when applying for life insurance .


Input: What To Do If I Can't Get Home Insurance?

Output: If for some reason , your home canot meet the normal standards of insurance companiesdue to their filed underwriting rules , check with your insurance professional to see if there is alternative coverage offered in your state . In CT , for example , we have an assigned risk program called the FAIR plan where homeowners can obtain some protection , though much more limited than from the standard industry .


Input: Why Variable Annuities Are A Good Idea?

Output: I ca n't think of a time that Variable annuities are a good idea . If you are going to buy an variable annuity , you might as well just buy mutual funds . Why pay the fees attached to the variable annuity ? The only feature of a variable annuity that is even attractive is the income rider and you can get the same or better income rider from an indexed annuity that wo n't give you the growth potential that a mutual fund would but it does offer downside protection .