Input: Is Whole Life Insurance Recommended?

Output: As Jim mentioned it really depends on what you want your insurance to do . If you need permanent insurance to solve a permanent need then whole life could be an option . Whole life can be either participating or non-participating . If you have a participating policy then you participate in the profits of the insurance company . If you have a non-participating policy then you do not share in any profits , but chances are that your initial premium would have been lower . Another type of permanent insurance is Universal Life , which typically allows for more flexibility in premium level and investment options . Each type has its strengths and weaknesses I recommend that you would with a local insurance broker to find the plan that is right for you at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Is Whole Life Insurance Recommended?

Output: There are some financial advisors who always recommend Whole Life , and there are others who never recommend it . This can create a bias in life insurance shoppers , so that they may not recognize a very good option -LRB- maybe the only option for which they qualify -RRB- when it is presented to them . There are different types of life insurance policies : Term , Universal Life , Indexed Universal Life , Whole Life , and others . Each has a benefit for certain situations . Using a trusted professional to compare your need and your budget , with the benefit and cost of different types of policies , can help you determine whether Whole Life is recommended for you .


Input: Is Whole Life Insurance Recommended?

Output: Great question ! The answer though depends on what you need the insurance to do . If you are looking for something only to cover for a short period of time , then perhaps a term policy would make more sense . If you are looking to create a tax free legacy for your children or spouse , cover for your eventual funeral expenses , or have a policy that you could borrow money from if you needed to , then yes , a whole life policy might be the way to go . If you would like more information on the different types of policies , please contact me , and I 'll help you sort it out . Thanks for asking !


Input: Is Whole Life Insurance Recommended?

Output: Whole life is recommended for people who care more about life insurance coverage to age 100 with a fixed premium throughout the life of the policy . The rates are usually higher than term life insurance initially but will not increase drastically like term life would as your age increases at the end of the stated term . Whole life insurance builds cash value while term life builds none . The cash value in the whole life insurance builds up in the early stage of the policy and is used to keep the premium level in the later stage of the policy .


Input: Is Whole Life Insurance Recommended?

Output: It depends on the need -LRB- not a very direct answer I know ! -RRB- - the reason for this is because everyone has a different purpose for why they 're buying life insurance . There 's no one shoe fits all policy in this industry . What you need to look at first is what you need the coverage for - it 's helpful to discuss this with an independent agent who can walk you through this and help you determine the structure that 's going to be most suitable for you . If you 're only interested in buying coverage to cover a certain debt for a limited time , you may want to look at term insurance - in that type of situation , you may just be throwing excess money away . If you 're buying coverage for estate planning purposes , you would want to look at permanent coverage because you 're planning for the long run and it 's not something you want to be cheap about . With permanent insurance , there 's two main types - Whole Life and Universal Life -LRB- there are sub-categories with in that - e.g. guaranteed universal life , current assumption universal life , indexed universal life , participating whole life , non-participating whole life , and others -RRB- . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will be substantially higher -LRB- can often be 2-3x the premiums of GUL programs on many occassions -RRB- . Regardless of the permanent coverage type , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . Some agents/brokers/advisors will ALWAYS suggest you buy whole life - others will NEVER suggest buying it . While it 's helpful to shop around , getting too many hands in the cookie jar can create a very confusing situation for the client.Each type of coverage has a benefit for certain situations . You need to trust the agent you 're working with to compare your needs , premium budget , the benefit level , how long you need it for , and other factors , to help you figure out what 's best for you whether that be whole life or another type of coverage .


Input: How Does Tricare Work With Medicare?

Output: If you are eligible for premium-free Medicare Part A , you must have both Part A and Part B to continue to receive TRICARE . Once you start receiving Part A and B , you start receiving TRICARE benefits under TRICARE for Life -LRB- TFL -RRB- . There is no advantage for most TRICARE recipients to enroll in Medicare Part D because TFL 's drug benefits are so comprehensive .


Input: What Is The Best Life Insurance For Over 60?

Output: All that is necessary to give you the best recommendation is to know the date that you will die . With that information we can provide you with the best policy . Since only a few of us know when that will occur it is important to know when our responsibilities will end . When will our death not make any difference to anyone ? That doesnt seem practical either . Other than the need to provide a lender protection for a certain period of time , the permanent policy seems the best alternative .


Input: What Is The Best Life Insurance For Over 60?

Output: The best life insurance for persons over age 60 is usually some sort of Permanent life insurance policy . Of course , some 60 year old 's have temporary needs , such as wanting to be able to pay off a mortgage . For those needs , Term insurance is fine . But if there is any desire to use the life insurance proceeds for final expense , or to leave money to the grandchildren , or other purposes that would require that the life insurance still be in effect when death occurs at any age , then Permanent life insurance is needed . When younger , an Insured person might count on the convertibility feature of Term life insurance to provide Permanent coverage , if needed , later on . But most Term policies are only convertible to permanent policies to between age 65 to age 75 , depending on the policy . If a 60 year old person purchases a 20 year Term policy and does not pass away before age 80 , the policy will jump sky high in premiums and there will no opportunity to convert it to a permanent policy at that time .


Input: What Is The Best Life Insurance For Over 60?

Output: What the best life insurance for over age 60 ? Well , first off the question is how long do you want it inforce ? 10 years , 20 years ? the rest of your life ? For the first two the answer is pretty easy , level term life . You are looking for coverage for a period of time , not a lifetime . You know the odds will be good that you 're still alive after those years and will have to pay a higher cost to continue . For your lifetime , what ever that may be ? Whole life while an excellent product can be price prohibitive at this point in life . You can set up a plan that no longer needs funding after 15-16 years and it will cover you for the rest of your life . Another option that is more expensive than term but cheaper than whole life is guaranteed universal life . GUL is basically life time term . You pay a set premium every month and they guarantee a payout up until the age you settled on like 90,100,110,121 or till you pass no age limit . This is not a savings account . It is not meant to be tapped for cash values . It is meant to work as a 40-50 year plus term policy .


Input: Does Health Insurance Cover Breast Implants?

Output: This is a great question . This will depend on specific situations . Most major medical plans will not cover implants if it is for cosmetic purposes . However , they may possibly be covered if there is some medical reason . This will depend on your specific case , the best thing to do is contact your insurance company and they should be able to tell you .


Input: Can I Buy Into Medicare?

Output: If you are a US citizen or have been a legal resident of the United States for over 5 years , but have not paid enough Medicare taxes to receive free Medicare Part ! , you can pay a premium to buy into Medicare . You can pay the same premium for Part B as everyone else , and take it as a stand alone plan . Or you can pay a premium for Part A . If you purchase Part A , you must also purchase Part B. Call Social Security at 1-800-772-1213 to see what your premiums would be to purchase Medicare Part A and/or B.


Input: Can I Withdraw Variable Deferred Annuity Money Prior To The Commencement Date?

Output: That is a great question ! Insurance companies will set a commencement date far enough ahead into the future to show you an impressive number for your return , and that is the date by which you must have started taking your withdrawals . The truth is that you can take money out at any time , BUT - there are serious consequences if you are n't careful . An annuity is not a suitable product for someone who has cash flow issues , and might need the money sooner than later . I 'd advise you to look at your policy , and look for these things : Do I have a free withdrawal amount , if so , how much and when can I start taking it ? How long is the surrender period , and what are the charges ? -LRB- If the surrender period is ten years , that means every year during that period , whatever you withdraw will be subject to that fee , among likely others , as well as a federal penalty of 10 % if you are younger than 59 1/2 -RRB- The last thing to look at is what triggers if you pull money out . Does it start , or lock in a payment cycle for you ? Again , that could be disastrous if you are n't very careful . Let the money ride in there as long as you can afford to , -LRB- at least until you are 60 -RRB- and then start taking your withdrawals . Depending on how your annuity is structured , you may be required to start your rmd 's at the age of 70 1/2 . If you 'd like help with your specifics , please contact me , I 'm happy to help . Thanks for asking !


Input: Does Medigap Cover Eye Exams?

Output: Medigap plans do not provide coverage for routine eye exams and eye glasses . In short , you will need to secure coverage under a separate vision insurance plan to to cover routine services . Medicare Part B can provide coverage for some preventive and diagnostic eye exams for people at high-risk of certain conditions -LRB- e.g. diagnosing retinopathy in diabetics or mascular degeneration for age-related conditions -RRB- . In combination with a Medigap plan , these exams can be covered at 100 % -LRB- Medicare Part B - 80 % , Medigap - the remaining 20 % -RRB- . You can check out the medicare.gov website for more specific information regarding condition/risk requirements for Medicare to pay benefits .


Input: Does Medicare Get Deducted From Social Security?

Output: If you are collecting Social Security , your Medicare Part B premium will be deducted from your monthly Social Security check . Most people receive Medicare Part A at no charge so there would be no deductions . If you are not receiving Social Security , you will be billed on a quarterly basis for your Medicare premium -LRB- s -RRB- .


Input: How Can I Save Money On Homeowners Insurance?

Output: The most expensive mistake a homeowner can make is to be underinsured . Regardless of what the premiums were , a single high value loss that exceeds the limits of the policy can make those saving immaterial . Setting adequate limits is absolutely crucial . The person that can help set appropriate limits is a reliable insurance agent . This is a far greater problem than many think . The primary place where this shows up is having inadequate liability limits . Your homeowners policy provides liability coverage for personal injury and property damage law suits . The company pays all costs for a lawsuit up to the limits of the policy . After that the homeowner is facing the lawsuit alone . Most companies do not offer adequate liability limits and most policyholders select limits that are lower than the maximum offered by the company . An umbrella policy is necessary for most homeowners . The second area that is often underinsured is valuable collections . The homeowners policy has internal limits for recovery on certain items . Most homeowner dont know that their inherited sterling silver is woefully underinsured . They dont understand that those guns in the cabinet could be destroyed and they would only get a fraction of their value . The same is true of jewelry , a coin collection , and many other items . This is all detailed inside the policy , but few homeowners ever read their policy . Some people continue to underinsure their structure . While not as common it is an increasing phenomenon . A homeowner will improve the home and never inform the company or agent . In the event of a loss the amount of coverage might not return the home to its updated glory . This coverage is really inexpensive , however a loss can be paralyzing . Some homeowners have multiple homes . The second homes are often in hazardous areas , such as lakefront , beach front and mountain property . The cost of replacing one of these homes can exceed the insured value because of inflated reconstruction costs . If a forest fire sweeps through some summer cottages , there will be a great demand for contractors to do the work and there will also be bidding for materials . It can get ugly . So adequate insurance is the first step , the second step is to focus on the policy itself . Homeowners can often save significant money by increasing the deductibles on their policies . The deductible should be set at the amount of loss that could be absorbed without serious disruption to the family finances . That is often more than the deductible in the policy . Companies traditionally offer discounts if coverages are packaged . Some companies cover a wide range of policies and by bringing those to a single carrier premium savings can often be realized . This is particularly true if you own another residence that you lease to someone else . Often extending liability coverage from you homeowners policy will save you money . Companies often give discounts for loss prevention . The most common is the central station monitored alarm systems . While companies are rarely as generous as the alarm sales people indicate , there are savings to be had by simply providing a certificate of installation . Sometimes the homeowners policy will be modified if substantial rehabilitation is done to the home . You would need to talk to your agent about this . You could also discuss the jewelry insurance if the jewelry is most often located in a safe deposit at the bank .


Input: How Can I Save Money On Homeowners Insurance?

Output: The easiest way to typically save money on your homeowners insurance is by having your homeowners and auto coverage with the same company as most offer multi-policy discounts . If that is not an option or you already receive this discount then would more than likely be looking at lowing coverages next - never recommended . I would suggest contacting your local agent and advise them that you are looking to lower your rate to see if they are able to find any avenue to help you lower your rate .


Input: Is Medicare Supplemental Insurance Necessary?

Output: Medicare Part A & B covers less than 80 % of your healthcare expenses . The remaining 20 % + does not have a limit . You can imagine how quickly that bill can add up with surgery or a ongoing illness that you need care for . Medicare Part A & B along with a Medicare Supplemental plan is great health insurance . Depending on which plan you pick you will have little to no out of pocket costs . The flexibility is also another key . There is no network so you can see any doctor or hospital in any state you like . If they take Medicare they will take the Medicare Supplement regardless of the carrier . The policy will also help protect you against further cuts to Medicare . The benefits to a Medicare Supplement policy can not change .


Input: Is Medicare Supplemental Insurance Necessary?

Output: Medicare Supplemental Insurance though voluntary , in my professional opinion , is needed to pay the many dollars Medicare Part A and B do not cover . Many people do n't realize the Part A deductible of $ 1216 in 2014 is a per hospitalization benefit period deductible and not a per calendar year deductible as is the Part B deductible . The Part B coinsurance on Part B has no stop loss , resulting in an unlimited liability .


Input: What Is A Hybrid Retirement Plan?

Output: Retirement plans continue to `` Evolve '' and not necessarily change . In this instance the term hybrid retirement plan may include plans that were popular in the 1980 's and 1990 's , they are -LRB- cash balance , pension equity , floor-offset , age-weighted profit-sharing , new comparability profit-sharing and target benefit plans -RRB- . Today , usually hybrid plans combine features of a defined benefit and defined contribution plan , to bridge the predicted crisis by many experts of the liabilities that are underfunded in traditional defined benefit plans .


Input: Who Qualifies For Social Security Disability Insurance?

Output: You must first meet a work requirement to qualify for Social Security Disability Insurance . If you are over age 31 , you must have paid Social Security taxes for at least 5 of the past 10 years . If younger , the number of years are lower . To collect benefits , you must prove that you are unable to work due to a medical condition . If you have been disabled for a year or more and are determined disabled by SSDI examiners , you will may be qualified medically to receive Social Security Disability Insurance benefits .


Input: How Do You Buy The Best Life Insurance?

Output: Here are a few tips to help you buy the best life insurance . 1 -RRB- Contact a reputable agent for advice . Whether face to face or online , conversing with someone who knows what they are doing can safe you lots of time , hundreds of dollars , and most importantly , help you get a secure policy that best suits your needs . 2 -RRB- Learn about life insurance , but do n't be narrow minded . Sometimes health factors , age , state availability , cost , etc. can keep you from getting the exact policy you want . Occasionally someone tells me that they are going to keep shopping until they find the policy in their head . What happens is , those people never get life insurance , or they end up getting Accidental Death coverage that covers only a small percentage of deaths . There are policies out there for almost everyone , and something is almost always better than nothing . But it helps to know what to ask , then accept the answer when your agent has obviously done his/her homework to find it for you . 3 -RRB- Look at carrier ratings and policy guarantees . Those three tips are all you need to get you the best life insurance .


Input: How Do You Buy The Best Life Insurance?

Output: What is the best life insurance for you is the real question to ask . The answer to that question depends on what you want or need the life insurance for and for how long . You are best served by working with an independent life insurance broker , who can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: How Do You Buy The Best Life Insurance?

Output: Know your agent . Deal with someone you trust . That is always the smartest way to go . If you know your agent , and they give you the information and advice you need , you are in a good place . A very few web sites now are offering life insurance directly on line . If you know those behind the site , they may work for you , but it is hard to replace your own trusted local agent . Thank you . GARY LANE .


Input: How Much Does Health Insurance Cover?

Output: The benefits under each plan varies by company and metal level -LRB- bronze , silver , gold , and platinum - there 's also a catastrophic plan available to individuals under age 30 -RRB- . However , every plan has a set of 10 essential health benefits that they must meet , but carriers have the option to offer coverage above and beyond the essential benefits -LRB- the metal level is the big indicator on that -RRB- . The essential health benefits that every plan must meet are : 1 -RRB- Ambulatory Patient Services Health care services without being admitted to a hospital -LRB- e.g. visiting a doctors office or a clinic , home health services , and hospice care some plans may limit home health and hospice care benefits to no more than 45 days -RRB- . 2 -RRB- Emergency Services Care of conditions requiring immediate treatment -LRB- typically at an emergency room -RRB- , including ambulance transportation . You also cant be penalized for going to an out-of-network hospital . 3 -RRB- Hospitalization Care provided during a hospital visit , including services provided by doctors , nurses , and other hospital staff , medical tests , medications given during your stay , as well as room and board . Care received in a skilled nursing facility is also included in hospitalization coverage -LRB- note : some plans limit skilled nursing facility benefits to no more than 45 days -RRB- . 4 -RRB- Laboratory Services Tests a doctor completes to help diagnose an injury , illness , or other medical condition , or to monitor the progress of a treatment . Some preventative screenings may be fully covered . 5 -RRB- Maternity and Newborn Care Care women receive during pregnancy , including prenatal care , in labor , delivery and post-delivery , and care for newborn babies . 6 -RRB- Mental Health Services and Addiction Treatment Inpatient and Outpatient care that evaluates , diagnoses , and treats mental health conditions and substance abuse disorders -LRB- some plans may limit coverage to 20 days per year -RRB- . 7 -RRB- Rehabilitative Services & Devices Rehabilitative and habilitative services and devices to help regain mental and physical skills that were lost due to injury , disability , or a chronic condition . Each plan has to provide 30 visits per year for physical or occupational therapy , speech therapy , cardiac or pulmonary rehabilitation , and chiropractor visits . 8 -RRB- Pediatric Services Care provided to children , including vaccines and immunizations . For children under the age of 19 , dental and vision care must be offered this includes two routine dental exams , an eye exam and corrective lenses each year . 9 -RRB- Prescription Drugs Medications prescribed by a doctor to treat a medical condition or illness . At least one prescription drug must be covered in each category and classification . 10 -RRB- Preventive and Wellness Services and Chronic Disease Treatment care includes physicals , immunizations , and certain types of screenings designed to prevent or detect certain medical conditions as well as care for chronic conditions such as diabetes and asthma .


Input: Does Health Insurance Cover ER Visits?

Output: Yes . Emergency room visits are covered under all health insurance plans . You would still be subject to paying your deductible , coinsurance , and/or copayments , but the carrier will pay their share of the expense as cited in your policy . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: How Safe Are Fixed Rate Annuities?

Output: Fixed annuities are only as good as the contract that stands behind them . And contracts are only as good as the financial strength behind the annuity . Most fixed rate annuities are purchasing investment grade government bonds , i.e. the strength of the payout is dependent on the country 's ability to meet it 's debt obligations .


Input: Does Car Insurance Change By State?

Output: In California we have a unique way of rating auto insurance . Other states have their own techniques . The result is that the same car , driven by the same drivers will have a different premium in various states . Some states may be quite similar but there will be some peculiarities .


Input: What Are The Benefits Of Medicare Part B?

Output: Most are concerned about unpaid bills from hospital stays . While it is true you can run up several thousand dollars in hospital bills within a few days , especially if you are admitted through the ER . Medicare Part A covers most of those bills after the deductible . The majority of unpaid bills fall under Medicare Part B.


Input: What Is An Annual Premium For Home Insurance?

Output: Great question . If you are asking what is ... the cost ... for a homeowner 's policy , this may help you . Home policies are rated based on age of home , type of construction , occupancy and location . In my state , Florida , the distance to water is very important as well as the type of roof . There are two styles , gabled roofs -LRB- which are popular in the Northern States -RRB- and hip roof -LRB- which is a newer style and has better resistance to wind . -LRB- We have hurricanes here . -RRB-


Input: What Is An Annual Premium For Home Insurance?

Output: Talk to your Insurance Professional about coverage options available to you . Share all of the specifics or your home that are important for them to know including construction type and style of your home , it 's age and any special elements that need to be considered like a finished basement , kitchen or bathroom upgrades , fire or burglary alarm systems etc. . They should compolete a comprehensive reconstruction cost analysis in order to determine the recommended amount of coverage for your home . That dwelling amount will be the primary determining factor in the premium needed to cover your home . Talk to your Insurance Professional about deductible options and other discounts that are available in order to best manage that cost .


Input: What Is An Annual Premium For Home Insurance?

Output: An annual premium for homeowner 's insurance is how much you pay to secure coverage on your dwelling , personal property and other benefits . Often , the billing is annual and paid by a mortgage company through an escrow account . When the home is paid off , typically , you pay an annual payment yourself to the insurer .


Input: Is Vitamin D Testing Covered By Medicare?

Output: Routine vitamin D testing is not covered by Medicare . However , if you have a condition or treatment that might cause your vitamin D level to be either too high or too low , they will pay for it to be monitored properly . Talk to your doctor to see if any of your conditions may affect your vitamin D level .


Input: Why Are People Denied Life Insurance?

Output: There are many reasons that people can be denied life insurance , but unfortunately , people sometimes get denied for reasons that could have been avoided . Avoidable declines are often due to agents who do not do a thorough job in asking questions of their clients before applying . But denials can also be a result of clients who lie or hide information , hoping to pay a better price . Most often , clients simply do not think that something matters -LRB- e.g. bankruptcy -RRB- , or are not aware of what is in their medical records -LRB- e.g. CHF instead of high blood pressure -RRB- . Ironically , one would think that the simplified issue policies that you apply for by mail would be the simplest to get , because they have the least questions and no exam to trip you up . But I find that these are a source of many declines , due to their ambiguous wording , or people not taking the time to read the instructions well . I have been writing mostly impaired risk life insurance online for over 10 years , so have written thousands of policies for people with health conditions . But just when I get to feeling good about so many cases getting approved as I quoted , I will get hit with a decline out of left field that I did not see coming . Sometimes , it just seems impossible to avoid them . But a good agent should not have a lot of them , or they are not probably doing their job as they should .


Input: Why Are People Denied Life Insurance?

Output: This is a delicious question because so many people are denied coverage . The irony here is that many of these declinations could have been approvals . How ? Here are the three reasons why people get declined for coverage : 1 -RRB- They applied with the wrong carrier . Different underwriters have different levels of expertise with regards to different underwriting risks . Some are strong with cardiac cases ; others are strong in respiratory cases ; others are strong with hobbies like piloting . If you present a certain risk with which an underwriter does not have a comfort level , he will either decline you , or slam you with extra premium . 2 -RRB- The broker did not represent the candidate sufficiently . Many times eligibility for coverage is up to debate . Problems can occur with regards to verbal disclosures ; medical records ; lab results ; and many other factors in underwriting . These problems can often be resolved if the broker has sufficient expertise , negotiating skills , and leverage with the carrier . If not , then the applicant could be declined unnecessarily . 3 -RRB- Deal-breakers . Sometimes , people just are not eligible for coverage . If you did cocaine yesterday , and want $ 2million of coverage today , you will be out of luck . If you have stage four cancer , unfortunately , you might end up with some burial insurance and nothing more . The good news here is that with the proper coaching from your broker , you could qualify for life insurance at a future point . The broker should be able to detail for you exactly what circumstances have to be in place to do so .


Input: Why Are People Denied Life Insurance?

Output: If you 're uninsurable for traditionally underwritten programs -LRB- full underwriting with an exam , non-medical , simplified issue , etc. -RRB- , you always have the option for guaranteed issue whole life insurance . These products are typically your last resort insurance . They generally feature the highest rates because there are no medical questions and no exams to complete . The face amount for coverage is generally limited to a maximum of $ 25,000 and the policies will come with a `` graded '' death benefit . A graded death benefit is , in short , a 2 year waiting period -LRB- with most GIWL programs - some feature a 3-year period -RRB- . If death occurs in the first 2 years , the premiums paid into the policy are paid out to the beneficiary -LRB- unless death is accidental , then the full benefit is payable -RRB- . If death occurs after the beginning of year 3 , then the full benefit will be paid out .


Input: Why Are People Denied Life Insurance?

Output: Life insurance in most cases is an underwritten product for risk . There are numerous factors that are considered . Some include age , build , health conditions , lifestyle and even occupation can factor in to calculating the risk when one may die . If the actuary feels the risk of claim is higher than an affordable premium can be charged then the policy is denied . There are guaranteed issue plans available for a lot of situations but benefits are usually limited .


Input: Why Are People Denied Life Insurance?

Output: The majority of life insurance denials are a result of something found in the paramedical exam from the applicant ` sblood orurine testor medical history that is outside the life insurance company 's standards . These `` standards '' can vary a bit from one company to the next . The insurance company is all about `` risk '' and if they see something they believe is significant , they may deny coverage . Another option they have is to `` rate '' the individual below what they call `` standard '' and that move by them would make the cost of insurance more expensive for the applicant because the insurance company sees that individual as a higher risk . There areother reasons as well which include driving record -LRB- 2 DUI 's can be trouble here -RRB- , repeated risky activities such as travel to what they consider dangerous destinations in the world , non-sanctioned vehicle racing -LRB- cars , motorcycles , etc -RRB- and others . One of the best ways to help avoid a denial of life insurance coverage is to work with a knowledgeable life insurance agent who , based on your complete medical history disclosed in advance of the application , will help determine which life insurance company could be the most forgiving for your particular situation . The underwriting process for life insurance can be appealed and if you are working with a knowledgeable agent , they may be able to help get the denial reversed .


Input: Where Can I Get Cheap Full Coverage Auto Insurance?

Output: Cheap full coverage auto insurance is available from many carriers . The challenge is finding the specific company that offers the best rates in your area , based on your specific profile -LRB- car you drive , number of violations on your record , zip code etc. . . -RRB- Our job , as experienced brokers -LRB- with top-rated websites -RRB- is to review the information you provide , and then present you , the customer , with the best prices you can find . We typically save consumers time , money and yes ... a lot of frustration by providing free online quotes . Keep in mind that rates will also depend on the specific deductibles you choose . Naturally , a $ 1,000 deductible on collision and comprehensive will cost much more than $ 250 deductibles . Discussing the differences and finding your `` sweet spot '' will be very beneficial .


Input: What Are Annuities Paying?

Output: You always need to check with your annuity provider before using any quotes . Currently : the 5 year rate is 2.95 % , the 7 year is 3.20 % and the ten year rate is 3.25 % . It doesnt make much sense to lock down a ten year rate for an extra 35 basis points over the five year rate . The recent Fed statements have generated speculation that rates in 2014 are going to rise .


Input: Who Has The Best Long Term Care Insurance In Pennsylvania?

Output: The best Long Term Care Insurance in Pennsylvania is the one that works best for the person buying it . Different companies offer different features , are more favorable to different ages , etc. . Go to a website that offers Long Term Care insurance in Pennsylvania and talk to an agent to be sure you are getting the best price with the best company for your situation .


Input: What Is The Best Medicare Advantage Plan In Pennsylvania?

Output: There is no `` best '' Medicare Advantage plan . Benefits and premiums vary by zip code and from year to year . The `` best '' plan is the one that fits your needs and budget . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan .


Input: When Can You Sign Up For Medicare D?

Output: You can sign up for Medicare Part D when you turn 65 . If you are already 65 but have not previously gotten Part D because you had credible drug coverage from your employer , and you are now losing that coverage , you can sign up within 60 days of losing that coverage . There are other exceptions in which you can sign up throughout the year , but if you do n't have a `` Special Enrollment '' situation , then you would have to apply during open enrollment , which is Oct 15 - Dec 7th .


Input: Can You Get Life Insurance If You Have Lupus?

Output: If your lupus is mild and in remission , you can get a medically underwritten life insurance policy rated as good as Standard . The type of lupus , number of years you have had it , medications taken , and flare ups will all enter into the rating . If you have SLE -LRB- systemic lupus erythematosus -RRB- that has attacked organs , you may need to get a simplified or guaranteed issue policy .


Input: Can You Get Life Insurance If You Have Lupus?

Output: Just about everyone can get some kind of Life Insurance . The most limiting factor is age . Most insurers wo n't issue a policy on anyone over the age of 80 . Some will issue up to age 85 . Medical issues can influence the rating and cost of insurance , but there are `` Guaranteed Issue '' policies that any one can get as long as they are n't over the age limit .


Input: Does A SBA Loan Require Life Insurance?

Output: Hi the SBA loan does required a life insurance it is mostly decreasing term and match with the term of the loan and in case of the death of business owner the Beneficiary is the bank . for more information and about the process and life insurance quote please contact me at yzia@ft.newyorklife.com or 410-903-1396 thanks


Input: Does A SBA Loan Require Life Insurance?

Output: The SBA does not require life insurance on all of their loans . The need for life insurance is actually determined by the bank or lender . The best way to handle the loan requirements is to ask the lender what is required . Also , depending on how long you have before you need the life insurance , you might want to consider using a no exam simplified issues product .


Input: Will Obamacare Go Away If We Get A New President?

Output: Obviously that will depend upon who the next President is . Your question probably assumes a Republican President being elected and the current Republican control of the House and Senate continuing after the 2016 elections . A possible outcome that is a distinct possibility . Now , ask yourself , `` How many Federal laws have I seen totally repealed in my lifetime ? '' I think most people would be hard pressed to name any and this is because it is relatively rare . A new entitlement system that already has several million people involved in it has been created as has a new bureaucracy to administer it . These are hard to end . The next President will inherit these `` facts on the ground '' when they take office regardless of their political persuasion . Even a Republican seen as having a clear electoral mandate to end Obamacare will be faced with the daunting political , social and , unfortunately , racial challenges that would be associated with unwinding such an enormous program . A type of political courage that has not been demonstrated in Washington in quite some time would be required to push through a total repeal . And , then there are the uncomfortable questions that have to be faced . 1 -RRB- Do we truly want to go back to the way things were in health insurance before ObamaCare ? -LRB- for example , should pre-existing condition exclusions be allowed to return ? -RRB- and , 2 -RRB- If not , what would we keep and what would we remove from ObamaCare to `` fix '' it ? This is purely opinion , but , looking at the practical challenges involved and the fact that ObamaCare is already injected into the health insurance/healthcare system now , the path of least resistance will be the `` Fix It '' route . Whether it was a President Paul or Cruz -LRB- Trump might be another case altogether -RRB- I really ca n't see them announcing on TV that everyone 's subsidies were being ended immediately and that they would be seeing their health insurance rates increase by hundreds of dollars per month and `` good luck '' . It might not be political suicide but it would be one heck of a headache . Some sort of transitional approach coupled with new solutions would have to be devised to minimize further disruptions in people 's lives and to the healthcare/health care financing industries . So , as much as we may wish that ObamaCare had never arrived , it has . Being realistic , whether it is fixing it , replacing it or totally undoing it , none of those things will happen immediately and the most likely scenario is one where some aspects of the law are retained and others are jettisoned or modified over time . This means that the months and years ahead are almost guaranteed to be as chaotic and subject to rapid and repeated change as what we have experienced during the previous five years . Answer provided by Marlin McKelvy , Chartered Benefits Consultant and president of Consumer Directed Benefit Solutions insurance agency with over 30 years of employee benefits experience serving the insurance needs of businesses and individuals in Tennessee , Arkansas and Mississippi .


Input: Will Obamacare Go Away If We Get A New President?

Output: The Affordable Care Act aka `` Obamacare '' was passed by an act of Congress and signed into law by the President . At this point , it has very little to do anymore which who may be the seated President in the future . Numerous attempts have ben made to challenge portions of the law in the courts and it has withstood these challenges . It appears that if it were to be repealed or altered in anyway , it would once again have to be as a result of an act of Congress . Provded that the action had enough support to avoid a future President 's veto power , that Congressional action could change the law as we now know it . Hope that helps .


Input: Will Obamacare Go Away If We Get A New President?

Output: It is very unlikely that the ACA -LRB- Obamacare -RRB- will disappear as it is working . Will the ACA change over time ? That is a certainty because it will need to adjust to fix flaws and imperfections that were n't considered when the plan was rolled out . Basically in my 27 years in insurance , health insurance has changed every year , Obamacare is no different . It 's just a health plan , just different than before , but no so much so that it does n't fall in line with past changes in health insurance .


Input: Will Obamacare Go Away If We Get A New President?

Output: That is a great question ! With the over fifty attempted repeal tries , and the very public stances against it that the Republican party has , you are certainly right to wonder . But for all of the bluster and rhetoric , here 's what the reality is - the American public does like the Affordable Care Act -LRB- Obamacare -RRB- , as the uninsured rate is the lowest it 's been in decades . The Supreme Court decisions gives the Law solid legal footing . With an election looming , and still stinging from what most in the Republican party thought was going to be a slam-dunk win 4 years ago on a platform of repealing the Act , I think that the wiser leaders of the party know they need to rethink that strategy . As much as they dislike it , the voting electorate does like it , and sadly , many rely on the subsidies to be able to afford their coverage . The adding of Medicaid has progressed slowly but surely , even in the Red States that had spoken out against it , as leaders realize that after the nearly 2 decades of economic pressure , the average American needs the assistance . Even as there seems to be a to tendency to disregard facts in politics , when it comes down to where the votes are coming from , there can be softening or complete reversals of what had been very public stands on issues like health care.With the polling numbers falling solidly in favor of the Act , and the Law being upheld twice in the Supreme Court , I 'd suspect you will hear less talk of repealing the Act . That said , I 'm certain that each candidate will have an opinion on how he or she will change the Law to improve what does n't work as well as it could . There is intense pressure from the insurance companies to regain the incredible profits they were making , and other medical companies also would like to push their agenda 's , so the parts of the law that kept prices low I 'd expect to see attacked . So in short , repealed ? No . Changed ? Probably , depending upon the outcome of the election , and how the public responds to the proposed changes . A great question , and one we in the industry have been watching closely also . Thanks for asking !


Input: Will Obamacare Go Away If We Get A New President?

Output: Obamacare -LRB- The Affordable Care Act -RRB- is likely going to remain a piece of US healthcare history . Loved by many , and hated by many , Barack Obama 's major piece of legislation is unlikely to be repealed . However , tweaks , adjustments , and changes are very likely , as health insurance rates continue to increase , and out-of-pocket expenses for many Americans remains much higher than their budget allows . What changes will be coming ? Stay tuned since the road will be bumpy , and medical plan prices may fluctuate quite a bit from one carrier to another . Republican President ? Democratic President ? It probably wo n't matter , unless there is a `` Super Majority '' in both Houses of Congress . Important : Answer was provided by Edward Harris , one of America 's premier healthcare authorities . His award-winning website , healthinsurancezoom.com , provides the low


Input: Can You Get Renters Insurance For 6 Months?

Output: Yes you certainly can ! Typically the cheapest way to pay for the full year , but most companies -LRB- mine does -RRB- refunds all unused premiums . I would suggest asking this of any company up front so they can inform you how they treat these situations . Good luck in your search for renters insurance .


Input: Can You Get Renters Insurance For 6 Months?

Output: Homeowners policies are traditionally one year policies . However , if the policy is cancelled , the unused portion of the premium will be returned to you . Most companies cancel policies using a pro rata cancellation . That means that you will get exactly the percentage of the premium as the percentage of the remaining days of the policy . Other companies use a short rate cancellation which will penalize you slightly for cancelling before the end of the policy period .


Input: How To Claim Life Insurance Money?

Output: Ordering a certified death certificate in a timely manner is important , as it will take a while for the death certificate to come in . You can call the life insurance company to report the death and obtain the paperwork for your claim while you are waiting on the death certificate to come in . Then file it per the instructions on the claim packet . You should find the claims staff at the life insurance company to be very helpful , and many of you will have an agent who can help you . The funeral director for the deceased can also be a wonderful resource .


Input: How To Claim Life Insurance Money?

Output: That is a great question ! If you are the beneficiary , then you are the only one who can file the claim to receive the death benefit . Contact the insurance company , and file a claim . They will send you a form that needs to be completed , and sent back , along with a copy of the death certificate . Once the claim has been processed , the funds are released . I hope that helps . Thanks for asking !


Input: How To Claim Life Insurance Money?

Output: To claim a death benefit requires the primary beneficiary to contact the life insurance company inwhich the policy was written . They will send out a short death claim form to be filled out along with a certified copy of the death certificate . Once this is received and there are no suspicious circumstances of death , the claim should be paid within a couple of weeks .


Input: How To Claim Life Insurance Money?

Output: Life insurance can be claimed by the beneficiary of the policy . The procedure is to present a claim form and proof of death to the life insurance company . If the policy is over 2 years old or it has been over 2 years since last reinstatement that is usually all that is needed . If the policy is less that 2 years there maybe an investigation period before the claim is paid . 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 To Claim Life Insurance Money?

Output: OK now , are you the beneficiary ? Were you listed as the beneficiary on the policy . If so , the rest is easy . You just need to produce a death certificate for the deceased , sending it to the carrier , as they will request when you contact them . You can obtain this from the coroner , attending doctor , hospital , funeral home . or if you wait , from the county . Talk with the carrier . They should not be there to delay but to help you , especially in this time of grieving . Thank you . GARY LANE .


Input: I Am 7 Months Pregnant, Can I Get Health Insurance?

Output: The insurance company 's are not afraid of paying a claim for a normal delivery but rather that you have the right to add the child once they are born . I my case I wanted a little girl to go with my little boy and ended up with a set of boy/girl twins in neonatal for over $ 250,000 . So when a individual plan has a maternity benefit they are at a higher risk of getting hit with a bill like this over a company that does not offer maternity.Plans that do not cover maternity still have to add a child once born . But come January 2014 all plans are suppose to cover pregnancy so if anyone has questions as we get closer to Jan email me at stibroker@austin.rr.com .


Input: I Am 7 Months Pregnant, Can I Get Health Insurance?

Output: Women who are currently pregnant can not qualify for individual major medical coverage . Likewise , their spouse -LRB- or expectant father -RRB- can not qualify for individual major medical coverage . An exception is women who qualify for an employer group health insurance plan . Group health insurance plans are not allowed to consider pregnancy a pre-existing condition .


Input: What Does Medigap Pay For?

Output: Medigap , also known as Medicare supplement insurance , covers a portion of the balance of approved Medicare Part A and Part B expenses . Medigap plans are standardized and assigned letters . All Medigap plans with the same letter are identical in every way , except the premium . Medigap plan F pays 100 % of the balance of approved Medicare Part A and Part B expenses .


Input: Renters insurance is in wife's maiden name. Will that affect the settlement?

Output: Normally there would not be a problem because you forgot to update the name and disclose the additional resident . Particularly if you were newly married . If it appears to the insurance company there was intent not to disclose the spouse for any reason as to avoid increased premium or non renewal then there could be a problem . But again , if it 's just a honest overlook by your part I do not see that there would be any problem with the claim .


Input: How To Get Health Insurance For A LLC?

Output: Purchasing health insurance for an LLC is no different than applying for an individual or group health insurance plan . If the LLC has few or one one employee then individual policies would make the most financial sense . If the LLC wants to provide benefits for all its employees then either a small group plan or a defined benefit plan will make sense . Group 's plans require an in depth fact finding analysis to uncover the true needs of the group . Important factors include : Size of the group Number of employee participating Amount employer wants to subsidize - if any ? Type of benefits Are employees local or spread out among states The new trend in 2014 for small group is setting up a defined contribution plan -LRB- section 105 plan -RRB- where the employer subsidizes a set amount to employees tax-free and the employees use that money to offset their health insurance premium , costs etc for the individual plans they purchase .


Input: How To Find The Best Renters Insurance?

Output: The best advise I can provide is to work with a local agent that you feel comfortable with . Remember this is your go to person when you have questions , concerns , or claim . This is the person that you are depending to help you make the right decisions about coverage and to help you if you should have any problems with the carrier .


Input: How Long Does It Take To Claim A Life Insurance Policy?

Output: Death claims are handled quickly . The company needs a death certificate and in some cases a simple form . When the death is under investigation , or the body has not been recovered , the claim can take a long time . Ultimately a court will decide when the insurance company should honor the claim and to whom the proceeds should be paid .


Input: How Long Does It Take To Claim A Life Insurance Policy?

Output: Great question ! Insurance companies are required to pay out quickly after all required paperwork is filed . The payment can be quick , in the case of promptly sent death certificates , and claim forms . If the forms are delayed in sending , or doctors records are needed , etc. the payment may take a while longer . There are some companies that are quicker than others at paying out claims , because their administrative processes are better . Ideally you should have a payment within a few weeks of determination . If you need more information , please feel free to contact me . Thanks for asking !


Input: Does Medicare Cover A Gym Membership?

Output: This is a great Question . Medicare itself does not cover a health club membership . However some medicare supplements and medicare advantage plans will include a health-club membership and sometimes at no cost . If you are new to medicare , an agent can help you with all your options . I sit down with my clients and educate them on medicare and how it works as well as their options as far as plans to accompany their medicare .


Input: How Important Is Term Life Insurance?

Output: Term life insurance is a very important part of a financial plan . For most young people it is the most affordable way to create an instant estate for sudden loss of life . You can provide your loved ones income replacement , debt reduction or fund a child 's education in most cases for the cost of a cup of coffee per day .


Input: How Important Is Term Life Insurance?

Output: Term Life Insurance is an important step in defending your beneficiaries from present economic loss and future obligations . This is especially true early in life because term life insurance can be very affordable . Term life insurance can often have a convertibility clause that can extend coverage by converting term life insurance to permanent life insurance . If youre healthy and want to protect your loved ones or business associates , term life insurance is a good beginning to protect against an untimely end .


Input: How Important Is Term Life Insurance?

Output: How important is term life insurance ? Term life can be very important as it serves a purpose , fills a need and provides a death benefit . It 's just that term insurace is designed to be effective for a stated period of time . Term protects a temporary need the best , it is not a long term solution for life insurance , but it still fills a vital role for insurance needs .


Input: Where Does Life Insurance Money Go?

Output: If you are asking , what do life insurance companies do with the premiums you pay for your policy , those premiums are put into safe investments like bonds . That money is used to pay operating expenses and to pay death claims . With permanent policies , some premium goes to cash value . In mutual companies , extra earnings might go toward dividends . If you are asking where the life insurance proceeds go when the insured person dies , that money goes to whatever beneficiary they had designated in their policy .


Input: Can Anyone Take Out A Life Insurance Policy On Me?

Output: What Peggy states is completely true and well written . On the other side of the question though . If you are asking if someone else can own a life insurance policy that is taken out on you . Then the answer is yes . A parent can purchase a life insurance policy on a child . A grandparent can purchase a policy for a grandchild . A company can purchase a policy on a company employee . The main requirement besides your participation is what is called an insurable interest . Contact a local agent to discuss your coverage needs and concerns .


Input: Can Anyone Take Out A Life Insurance Policy On Me?

Output: Technically , no one can take out a life insurance policy on you without your knowledge . You must sign the application and engage in the underwriting process -LRB- phone interview , exam , or whatever is required -RRB- to give your consent . If another person would forge your signature , that would be insurance fraud and subject to penalties .


Input: How To Borrow From A Retirement Plan?

Output: Retirement monies are meant for your golden years . borrowing against your future is altering the lifestyle in your senior years . That said , there are emergencies that may be beyond your cash reserves and your retirement monies may be the only resource available . Most plans charge interest and require a repayment schedule . All loans must be repaid before any transfer to another plan . If your terminated , your loans must be repaid or the the plan administrator may issue a 1099 .


Input: How Much Is Life Insurance In Arizona?

Output: To see how much life insurance costs in Arizona , you can go to a website that offers life insurance in Arizona , and that also offers instant life insurance quotes . You will see how much the rate is for someone with your gender , age , build and health conditions -LRB- if the quote engine gives you those variables -RRB- , and be able to input different face amounts and term lengths to see how they vary .


Input: How Much Is Life Insurance In Arizona?

Output: With the exception of a few states , most notably New York , life insurance rates are the same from state to state . Arizona rates reflect the same rates when compared to most states . The may be however , an underwriting disposition for Melanoma , which is n't a rate items as much as it is selective underwriting by life insurance companies .


Input: When Will Homeowners Insurance Cover A New Roof?

Output: Talk to your Insurance Professional about the specific terms and conditions of your policy including the `` covered perils ' . If your roof is severely enough damaged as a result of a covered peril that the only way to safely secure your home is by replacing the roof , then your claims professional will make that recommendation and will process the claim accordingly subject to your policy deductible .


Input: When Will Homeowners Insurance Cover A New Roof?

Output: When there is an occurrence that isnt expected or intended by the owner to the roof there is probably coverage . This coverage means payment for physical injury to tangible property and this includes the loss of use . Many companies adjust a roof claim by the life of the roof rather than the replacement cost .


Input: When Can I Add Someone To My Health Insurance?

Output: You can only add a spouse or a dependent to your health insurance during the open enrollment period . You can add a spouse or a dependent to health insurance outside the open enrollment period if you have a qualifying event . A qualifying event will be things like loosing employer health plan , having a baby and a few other . Consult you insurance professional .


Input: When Can I Add Someone To My Health Insurance?

Output: Now that there is `` Open Enrollment '' there has to be a special circumstance to get coverage outside of open enrollment - even if it is just adding someone to an existing policy . A special circumstance would be something like losing employer coverage , a change in income that would make you eligible or ineligible for a subsidy , getting married or divorced , etc.


Input: What Does A Deductible Mean In Car Insurance?

Output: The deductibles that are part of an auto insurance policy are typically part of the collision and the other than collision coverages . Your deductible amount is the dollar amount that you choose to be responsible for in the event of a claim for one these coverages . The insurance carrier will subtract your deductible from the amount of the claim to be paid .


Input: What Does Medicare Co Insurance Mean?

Output: Medicare coinsurance is the amount you must pay after satisfying your Medicare Part A or Part B deductible . Medicare Part A has a per admission deductible -LRB- $ 1184 in 2013 -RRB- . After paying your deductible most hospital charges are covered by Medicare for the first 60 days . After that Medicare pays a portion and you pay the rest -LRB- coinsurance -RRB- . Medicare Part B also has a deductible -LRB- $ 147 in 2013 -RRB- . After that , Medicare pays 80 % of approved plans and you pay the coinsurance , or the remaining 20 % .


Input: Does Nebraska Require Auto Insurance?

Output: Nebraska does require auto insurance if you own or operate a vehicle . If you could give me a bit more information on your exact question I can help . Even if you do not own a vehicle there are non owner policies to help protect your financial responsibility as an operator of a motor vehicle . Hope this helps Frank


Input: What Do Annuities Pay Out?

Output: There are three basic crediting methods used in tax deferred annuities : fixed interest rate crediting , indexed crediting and separate sub accounts crediting and debiting with equity and bond investments . Fixed interest rate crediting is generally the annuity most compared to bank CDs . Fixed annuity interest rates generally credit more than bank CD rates and accumulate tax deferred .


Input: Why Would My Auto Insurance Go Up?

Output: Boy there are any number of reasons that I can offer to illustrate why our car insurance , or any insurance for that matter , may go up , or down for that matter . Major factors in pricing usually include one 's age , drivng experience , driving history , claims history , etc. . You may pay more for car insurance in certain areas of the country than others based upon population , company experience within those territories etc. . Naturally another major factor is the year , make model and type of car that you drive and insure . Finally , over the years , it has become common and accepted to include one 's credit history among the many factors that a company uses in order to consider and properly price a car insurance policy .


Input: Why Would My Auto Insurance Go Up?

Output: You can expect your insurance to go up for a variety of reasons . perhaps the most common is the fact the a carrier has filed and is acting upon a rate increase in your state . While individual risk characteristics of your household such as number of drivers , age of drivers , driving experience and vehicle characteristics can influence the price , insurers are usually operating with the law of large numbers in the basis for taking rate changes . If you look at the book of business that an insurer has you will see that it is made up of exposures that are in aggregate different form one state to the next . For example in areas where there is a propensity for flood then insurers will want a higher comprehensive premium then in states where this is not a widespread issue . So insurers , if they are national in scope are operating within the jurisdiction of 50 different insurance departments . Some jurisdiction allow pricing decisions to be made primarily by the carriers . Other states require prior approval of changes to rate levels . As as costs go up for fixing people -LRB- bodily injury -RRB- or fixing cars -LRB- property damage -RRB- , then carriers file rate changes in the various states . So part of the answer has to be that you will see rate increase often without any change to your own circumstances .


Input: How To Know The Fund Value In SBI Life Insurance?

Output: To find the fund value in SBLI Life Insurance , you can call SBLI at 1-800-694-7254 and order a current illustration of your life insurance policy . Have your policy number on hand . Keep in mind that term insurance will not have a fund value ; but if your policy is whole life or universal life , you can request the fund value this way .


Input: How much is renters insurance per month?

Output: We have renter 's insurance policies with an annual premium that is below $ 100 . Policies range higher depending upon where the building is located and what value the owner places on the personal property located in the building . There is also a selection of liability limits which affects the price . The point is simple , though ; the policy assumes a risk that you can not handle for a premium that you can handle . If you havent met with an agent and discussed your personal situation , please do so at your earliest opportunity .


Input: How much is renters insurance per month?

Output: Good Question . Renters policies in NY will run about $ 225/yr with $ 25,000 in Personal Property Coverage and $ 500,000 of liability . The majority of the rate comes from Personal Property Coverage -LRB- your stuff -RRB- . If you increase the amount of personal property coverage to $ 100,000 you could see rates from $ 500 - $ 600 per year . Of course the rates will depend upon prior loss history , location of property and sometimes your credit score .


Input: How much is renters insurance per month?

Output: You will find renters insurance to be very inexpensive . With most companies renter insurance covering approximately $ 5,000 to $ 10,000 in personal contents and $ 300,000 in personal liability to be approximately $ 150 to $ 300 dollars a year which is equivalent to about $ 12.50 to $ 25 dollars a month . Depending on the carrier this could vary . By writing a renters policy not only are you getting coverage for your personal belongings but you are also getting personal liability coverage . Some companies also include additional coverage such as host liquor liability , which you would need to rent halls for events like a wedding or a birthday . You may also be able to schedule things such as your cell phone which may or may not be cheaper then purchasing the coverage from your cell phone carrier . You will find that if you purchase your renters policy through the same carrier as your auto insurance that the discount you receive on your auto insurance will more than pay for your renters policy . Multi-policy discounts with some companies can range from 5 % -20 % or possibly more , which can save you hundreds on your auto insurance . So be sure to talk to your insurance agent about writing a renters policy and what discounts are available .


Input: Who Owns United Healthcare Insurance?

Output: United Healthcare is part of the United Health Group . They are the largest health insurer is the country . I always recommend consulting with an experienced broker - we can help you compare plans from multiple carriers to make sure the plan you 're applying for is the one that is most suitable for your needs and your budget . Please let me know if I can be of further assistance . Thanks very much .


Input: Who Underwrites Kwik Fit Car Insurance?

Output: Kwik Fit car insurance is based in the United Kingdom and has been writing coverage since 1995 . If you live in that country , it 's a reputable resource to purchase a police . If you live in the United States , there are many large carriers that offer competitive rates , such as Nationwide , Allstate , Esurance , Progressive , Geico , State Farm and many more . You can request free online quotes and compare the best prices from an experienced broker .


Input: Do I Need To Change Car Insurance When I Move?

Output: If you still reside within the same state , you should not need to change your car insurance . You will need to inform your local agent or carrier of your new address . Your rates may change depending on the carriers rates for the area that you resided in and the area that you moved in to . If you move outside of the state that you currently have your coverage established in then you may have to seek a new carrier .


Input: Do I Need To Change Car Insurance When I Move?

Output: There are changes that must take place when you move with an in force auto policy , yes . If you are just moving within the same state , you need to inform your insurance professional of your new address . Every insurance provider has many dfferent rating territories within each state so it is possible that you will see a premium change as a result of your move . If you are moving to a different state , work with your incurance professional who may be able to locate another quality agent who represents your insurance company . They will be able to help you with the transfer of your policy and the process is very simple . If your company does not offer coverage in your new state , maintain the policy you have until youobtain new coverage , then inform your previous insurance professional and they will cancel the coverage and arrange for any refund to be sent to you at your new address .


Input: Why To Buy Home Insurance?

Output: There are several reasons to buy home insurance . Often it is purchased because there is a mortgage on the home and insurance is required by the lender . Outside of this , home insurance covers the loss of the home and its contents from a catastrophic event like a major storm or disaster . Additionally home insurance offers liability protection from people who get injured while at your home and who sue you for damages sustained from such an injury .


Input: Is Homeowners Insurance Needed For A Condo?

Output: There is a specialized form used for condominiums . Lenders require that the condo be insured to protect their interests . The trick is to coordinate the association policy , which covers the building and the condo policy which covers everything inside the external walls . So if a mortgage company loans $ 400,000 on a condominium they want to know that the building will be replace in the event of a covered loss and that the interior of the condominium will also be replaced .


Input: Is Homeowners Insurance Needed For A Condo?

Output: That is a great question ! It is always wise to insure your investment in any home purchase . In many cases your lender will require it to protect their investment . You definitely want to have a form of Homeowners to protect you , and your investment , as well as all of the things that will be in the condo with you . Thanks for asking !


Input: Is Homeowners Insurance Needed For A Condo?

Output: A Homeowners Insurance policy includes coverage for the Dwelling structure itself , your personal property and Liability exposure . This is a form that is needed if you own a single family home for example . However , as a Condo Unit owner , in effect you own the space within the walls of your unit and not the actual structure itself . In this case , you should talk to your Insurance Professional about the purchase of Condominium Unit Owners ' policy .


Input: How Much Does Medicare Pay For An X-Ray?

Output: An x-ray is covered under Medicare Part B. Medicare will pay for 80 % of the Medicare-approved amount for the expense after the Part B deductible is met -LRB- $ 147 in 2014 -RRB- - you would be responsible for the other 20 % and the Part B deductible . When you first enroll in Medicare Part B , you open your 6-month initial open enrollment period to buy a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- with NO MEDICAL UNDERWRITING ! . A Medigap plan can cover the deductibles and a portion or all of the other 20 % of expenses covered by Part B and features a number of other big advantages as well . An experienced broker can help find the plan that 's most suitable for you and your budget . Please let me know if I can be of help . Thanks very much .


Input: Does Medicare Pay For Kidney Transplants?

Output: Medicare will pay for kidney transplants for those that are ordered as medically necessary by a doctor and approved by Medicare . The benefit pays for the care given to the person receiving the kidney transplant along with the care for the kidney donor .


Input: What Is Guaranteed Replacement Cost Homeowners Insurance?

Output: When you hear the term `` Guaranteed Replacement Cost '' this is referring to a particular loss settlement option that is available in most modern Homeowners ' Insurance contracts , in a nut shell it means that if your home was totally lost as a result of a covered peril , a fire for example , the contract states that the insurance company would pay the full cost of replacing your home as it was using building materials of like kind and quality . It is important , however that your home is insured to it 's calculated replacement or reconstruction value at the beginning in order for that clause to be applicable .


Input: Can Creditors Take Your Life Insurance?

Output: There may be two questions here , death benefit proceeds and cash values in life insurance policy . Every state jurisdiction is different and you should seek legal counsel before deciding the best course of action . But in general terms , unless your domiciled state says otherwise or has cash value limitations , you personally owned life insurance cash values are protected . Death benefit proceeds received before or after six months of bankruptcy filing could be at risk and characterized as bankruptcy property .


Input: Where Do Health Insurance Companies Get Their Money?

Output: Health insurance companies earn their money in basically two ways . First , they collect premiums from people who buy health insurance with goal of paying out less in claims than they collect . For example under the new Affordable Care Act insurance carriers have to spend 80-85 % of their premiums in health care with the remaining 15-20 % for overhead anda small profit . The second way insruance compaies earnincome is from investing their reserves in marketable sercurities , bonds and real estate . Carriers need to maintain reserves for financial stability and based on government regulations .


Input: What Is Employer Owned Life Insurance?

Output: Employer owned life insurance is coverage offered to employees as a benefit of working for that employer . The part that is nontaxable to the employee is $ 50,000 although the employee may be offered the option to purchase more coverage for himself/herselfand his/her faimiles at a reduced cost but with tax implications .


Input: What Is Employer Owned Life Insurance?

Output: The term came in use since 2006 when new rules were applied to life insurance owned by businesses which subjects the death benefit to income taxation unless the employer takes steps to comply with the special requirements of Section 101 -LRB- j -RRB- to prevent the death from being taxable . There are notice and consent requirements to be given to the insured and an annual IRS filing -LRB- form 8925 -RRB- to meet the special requirements . We find that most employers are unaware , especially of the annual reporting requirement . Tax advisers are often surprised to learn about it as well . Work with an experienced life insurance professional who can help assess the situation for in force policies . For new policies , make sure a professional outlines the special requirements for your situation .


Input: What Is Employer Owned Life Insurance?

Output: The corporation is either the total or partial beneficiary on the policy , and an employee or group of employees , owner or debtor is listed as the insured -LRB- s -RRB- . Fundamentally , COLI differs from group life insurance policies that are typically offered to most or all of the employees in a company , because this type of insurance is designed to protect the employees and their families and not the company itself . COLI can be structured in many different ways to accomplish many different objectives . One of the most common is to fund certain types of nonqualified plans , such as a split-dollar life insurance policy that allows the company to recoup its premium outlay into the policy by naming itself as the beneficiary for the amount of premium paid , with the remainder going to the employee who is the insured on the policy . Other forms of COLI include key person life insurance that pays the company a death benefit upon the death of a key employee , and buy-sell agreements that fund the buyout of a deceased partner or owner of a business . In many cases , the death benefit is used to buy some or all of the shares of company stock owned by the deceased -LRB- such as with a closely-held business -RRB- . COLI is also frequently used as a means of recovering the cost of funding various types of employee benefits .


Input: Who Has To Buy Health Insurance Under Obamacare?

Output: Purchasing health insurance under Obamacare is a requirement unless you meet several specific conditions -LRB- such as being eligible for Medicare or Medicaid , and various financial circumstances -RRB- . As an experienced health insurance broker , this question is asked quite frequently . Our job is to determine eligibility and calculate your federal subsidy . And of course , find you the best rates ! Live answer provided by : Ed Harris - Health Insurance Broker for 33 years and owner of several top-rated websites .


Input: Who Has To Buy Health Insurance Under Obamacare?

Output: Under the Affordable Care Act , everyone will have to have health insurance or pay a penalty -LRB- also known as an `` individual shared responsibility payment '' -RRB- . If you choose to pay the penalty instead of securing coverage , you will still be responsible for 100 % of your medical care . The penalty is calculated in one of 2 ways -LRB- you pay whichever is the higher amount -RRB- . In 2014 , the penalties will be calculated as : 1 -RRB- 1 % of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan . 2 -RRB- $ 95 per person for the year -LRB- If under age 18 , then $ 47.50 -RRB- featuring a maximum penalty per family of $ 285 under this method . Its important to note that the penalty will change each year . In 2015 , method one increases to 2 % of your yearly household income and method two increases to $ 325 per person . In 2016 , it will increase again to 2.5 % for method one and $ 695 per person for method two . The penalty methods will be adjusted for inflation in later years . To avoid the penalty , you need to have health insurance that qualifies as minimum essential coverage . Please feel free to contact me for help or if you have any other questions . Thanks very much .


Input: Can You Tow A Car With No Insurance?

Output: You can tow a car with no insurance . But you would not want to . The risk of damage to both vehicles increases when you are towing . And the risk of damage to another car or truck -LRB- or property -RRB- also increases . Whenever towing , check with your broker first , and ensure that you are properly covered .


Input: What Is Retirement Plan 457?

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


Input: When Was Medicare Part B Created?

Output: When Medicare and Medicaid were signed into law in 1965 by President Johnson , it included both Part A and Part B. President Truman was the first to sign up . All persons age 65 and older began being automatically enrolled in Part A in 1966 , with Part B being voluntary , as it still is today .


Input: What Does Medicare Cover In Virginia?

Output: Medicare is a federal-government run program so the type of coverage available under Medicare Parts A & B -LRB- also known as Original Medicare -RRB- will be the same regardless of the state you live in . The calculation of premiums for Original Medicare is the same everywhere as well - your income level can increase your Part B monthly premium though as it 's based on income level brackets . Medicare Part A is your hospital insurance . It provides benefits for your inpatient hospital stay , skilled nursing facility care , nursing home care , hospice care , and certain home health services . The benefit that is the most common claim is for hospital stays . During a hospital stay , your Part A will cover certain hospital services and supplies including semi-private rooms , meals , general nursing , and medications given during your stay . Acceptable hospital stays can include critical access hospitals , inpatient rehab facilities , LTC hospitals , acute care hospitals , and mental health care - you may want to confirm with Medicare whether a certain inpatient stay would be covered by a facility that is not a traditional hospital . Medicare Part B is your physician insurance . It covers doctor visits , tests , surgeries , preventive services , and supplies including DMEs -LRB- durable medical equipment -RRB- . The Part B deductible is $ 147 in 2014 . You 're responsible for about 20 % of healthcare expenses covered by Part B - Medicare only covers approximately 80 % of the costs . There is a guidebook called `` Medicare & You '' that provides a lot of information regarding Medicare coverage - the guidebook is updated each year with any new changes to coverage - you can get a copy of this from the medicare.gov website as well as look up additional information . I always recommend those on Medicare buy a Medigap plan to supplement their Part A & Part B coverage . Your Part A & Part B only covers about 80 % of expenses . A Medigap plan can cover all or a portion of the other 20 % of the expenses . The big advantage of having a Medigap plan is that it creates a very predictable healthcare expense structure . Medigap plans are also standardized , meaning the plan benefits are the same regardless of which company you purchase it from . The premiums for these programs can vary from company to company . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Does Medicare Cover In Virginia?

Output: In a very general nutshell , Medicare in Virginia covers hospitalization and skilled care in a nursing facility under Medicare Part A , doctor services and durable medical equipment under Medicare Part B , and prescription drugs under Medicare Part D. Part A and B cover more than stated , and Medicare Advantage Plans , or Medicare Part C , will cover some of the gaps . There are also other supplement plans that each have their own features that they offer in Medicare coverage .


Input: Where Should I Buy Term Life Insurance?

Output: There are lots of places to buy term life insurance . Most are tempted to buy online . This can be a mistake as a lot of quoting sites are really known as lead sites . These sites will give you a quote usually at the `` best preferred rate '' which approximately 5 % of the population can qualify for . Then they will sell your information to multiple agents who will `` blow up '' your phone to `` sell '' you over the phone `` their '' products . I would suggest shopping for a good independent life insurance broker who will go out and find the best product at the best price for your unique situation . Start by asking your friends , neighbors and co-workers for a good recommendation of agents they know .


Input: Where Should I Buy Term Life Insurance?

Output: Most of us who answer Life Insurance questions for InsuranceLibrary.com would like to say , `` buy it from us . '' You have a unique advantage of being able to look at our profiles and answers to determine if you feel we would be honest and helpful in guiding you to the best policy for you , at the best price . Be sure to check to see if we are licensed in your state .


Input: Where Should I Buy Term Life Insurance?

Output: Where you should buy Term Life is from an independent life insurance broker . What type depends on a number of factors : what you want the coverage to cover , for how long , is there a chance you would want to convert the coverage to permanent . I suggest you contact an independent life insurance broker who can give you a quote after discussing what the coverage is needed for . Do not forget to ask what are your options when the term renews . 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: Where Should I Buy Term Life Insurance?

Output: Ditto what Jason said . In other words , you want to buy from an independent agent and you do not want to buy from a captive agent -LRB- an agent who can only sell one company 's insurance -RRB- . Before you contact an independent agent , use an online life insurance quoting site to compare rates . That way you will be prepared for the conversation and forearmed against being sold the wrong product for your needs or more insurance than suits your situation .


Input: Where Should I Buy Term Life Insurance?

Output: You should buy term life insurance from an independent agent because they can review options from multiple companies . Captive agents generally only offer you their company first before looking at other options . Some people prefer to buy online so they `` do n't have to be bothered '' with the process of buying insurance . However , this can often result in you not getting the best product for your needs because you do n't know what risk class you would qualify for from each company . Each carrier has their own underwriting guidelines and not every company is going to offer you the same risk class - e.g. company A could offer preferred and company B could offer standard . Online instant quotes only provide numbers based off of given criteria and there 's no guarantee you would qualify for it - in short , they are just rough estimates . You need to understand what risk class you would most likely qualify for from each company before applying - simply put , not everyone gets the preferred plus rates -LRB- which is what many people will quote themselves when running instant online quotes -RRB- . Also , applying to multiple companies at the same time can often work against you . Independent agents can help you through every step of the process in great detail and provide you with much more accurate quotes than what you may be looking at on your own . If I can help you out with your life insurance needs or if you have any other questions , send me a message by clicking on the `` contact me '' button .


Input: How Much Are Whole Life Insurance Premiums?

Output: A whole life insurance policy is going to guarantee a level death benefit at a level premium . The premium itself depends upon your age when the policy starts and any special considerations the company must make . If your health is better than most , you will be offered preferred rates . If you have a condition or history that makes your longevity more doubtful you will be offered a rated policy .


Input: How Much Is Health Insurance For A Family Of 4?

Output: Health insurance for a family of four depends on many factors including your age , zip code , health conditions and what type of coverage you want . A temporary plan could cost as little as $ 140 pr month , depending on deductibles and ages . A comprehensive plan , would of course cost more . A top-rated website or an experienced broker can quickly compare the best options and quickly review which specific policies fit your situation the best .


Input: How Much Is Health Insurance For A Family Of 4?

Output: It will depend on a couple of factors as mentioned above in previous post ; age , sex , prior health , zip code , etc. . In addition it will depend on -LRB- 1 -RRB- deductible you choose . Higher deductible typically means lower monthly premim -LRB- 2 -RRB- carrier you chose to go with . Some carriers are more competitive in some areas than others . You would be looking at a plan to cover adults and children and could range anywhere from the low $ 500 to as much as $ 1000 a month depending again on a variety of factors .


Input: Can Debtors Take Life Insurance?

Output: If you mean can creditors , rather than debtors , take life insurance proceeds upon the death of the insured , they generally can not as long as the beneficiary of the policy is a person . If the beneficiary is the estate , creditors can go after the estate for payment of past debts on the part of the insured .


Input: Can Debtors Take Life Insurance?

Output: Can Debtors take life insurance ? Couple ways to answer this question as I think it may be a bit off . People in Debt can take out life insurance , but it will actually depend on how bad it is.Life Insurance companies will credit your credit ratings and may decline to cover a person if their finances are bad . Did you mean `` Can Creditors take your life insurance ? '' In most cases NO . It 's going to depend on what state you 're in for complete details , but usually the courts exclude life insurance from settlements because the beneficairy is an `` innocent '' party to the problem .


Input: How Do You Get Out Of A Universal Life Insurance Policy?

Output: You can get out of a universal life insurance policy at any time , although if you have substantial cash value , you may want to wait until after the surrender period . With term life , you can simply quit paying on the policy to cancel it , but that is not recommended with universal life . If you set up your UL policy so that the cash value will pay your premium , your policy will not end if you quit paying the premium ; it will simply drag out until the cash value is used up . Rather , call your agent or the insurance company to get your options , which could include rolling your cash value over to a new policy so that you do not have to pay taxes on it .


Input: How Do You Get Out Of A Universal Life Insurance Policy?

Output: All you have to do is call the carrier and asked for surrender forms . Most will require that you sign and return them via regular mail . In all circumstances though , it should be rather simple . If the policy has any net cash value , remember to provide the carrier with an address or bank account to send the funds to .


Input: How Will Social Security Fit Into Your Retirement Plan?

Output: For most Americans Social Security is their only retirement plan . For those who have qualified plans in tandem with Social Security income , the income from both can generate a reasonable retirement.Keep in mind that your qualified plan income will count in the provisional income test for Social Security taxation of benefits .


Input: How Much Is Enough Homeowners Insurance?

Output: If you talk to your Insurance Professional you may hear the term `` Insure to Value '' -LRB- ITV -RRB- used . Simply stated , you should insure your home to the calculated full Reconstruction Value . Not only does this make good sense but it also allows the Reconstruction Guarantee to apply should you need it . The bank will need to see coverage at this level too as a condition of your loan .


Input: How Much Is Medicare Advantage In 2013?

Output: Medicare Advantage plans range in premium from $ 0 to less than $ 100 per month in most areas . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan .


Input: Will Medicare Cover Dental Implants?

Output: Most general dentistry services are excluded by original Medicare , this would include implants . Dental implants may be done for cosmetic reasons or as a more permanent alternative to a bridge or partial plate . Ask your dentist if there are discounts for paying in cash any time you need extensive dental work .


Input: What Does A Policy Number Look Like For Health Insurance?

Output: Each company will have their own format for their policy numbers . Some use letters and numbers , while others will use a long series of numbers . If you are unsure , the best advise would be to call the insurance company you believe the policy belongs to and ask if it is one of their numbers .


Input: Why Would Anyone Buy Whole Life Insurance?

Output: 100 % of all Americans die . Whole Life Insurance policies pay the majority of death claims . If you want those you love to be protected when you die , whole life is the safest way that you can do it . There are tax advantages and internal returns that appeal to some but just to know that the company will pay the death claim when you die and never change the amount of the premium is very appealing .


Input: Why Would Anyone Buy Whole Life Insurance?

Output: That is a great question ! I 'm assuming that you mean in relation to purchasing a cheaper term life policy ? The best reason is that while term life policies statistically pay out very few times compared to whole life policies . Everyone dies , and a whole life policy pays out when you do , no matter the age . To get paid on a term policy , you have to pass during that term . Another reason for whole life is that if you get into a bind , and need some quick money , you can borrow from your policy . You can not do that from a term policy . There are typically easier underwriting standards on whole life policies also , making them surer bets to get . I hope that helps , thanks for asking !


Input: Why Would Anyone Buy Whole Life Insurance?

Output: There are many reasons to purchase whole life insurance . Whole life insurance offers a lot of guarantee 's that work well on small face amount policies . Some WL policies have little to no underwriting for them , making them an excellent choice for people that have health problems .


Input: Why Would Anyone Buy Whole Life Insurance?

Output: Whole life insurance policies are purchased for many different reasons such final expenses , estate planning , tax purposes , gift giving or in many cases smaller whole life policies are `` simplified issue '' meaning that they are easier to qualify for if someone has pre-existing conditions , takes certain medications and can not qualify for larger term policies .


Input: Why Would Anyone Buy Whole Life Insurance?

Output: Whole Life insurance is a wonderful product . If purchased from a Mutual company it carries some really great wealth building properties along with exceptional ; tax advantages ! Whole Life insurance can become a retirement income supplement . You can use the cash value of the policy to become your own personal bank and take advantage low interest rates while still collecting interest and dividends on the money you 're using ! I like to help people see the life and living benefits of whole life insurance , but obviously there are the death benefits that pass to the beneficiaries tax free as well . Oh and the cash value is completely protected from law suits and bankruptcies ! There are so many good reasons to purchase Whole Life Insurance !! I could go on , but I need to meet with clients to help them with their insurance products .


Input: How Long Does Long Term Disability Insurance Pay?

Output: Long Term Disability Insurance can pay for as long as you pick the plan to last . Typical choices are 2 years and 5 years , with some policies going as long as 10 years or to age 65 . In 2012 , the average individual Disability Insurance claim lasted 31.6 months .