Input: How Much Life Insurance Is Right For Me?

Output: Determining the right life insurance policy to purchase is a product suitability question . Life insurance has two options : term and permanent . If your financial liabilities , future obligations and charitable intent are temporary , then buy term life insurance . But if theyre permanent buy permanent life insurance . But the total amount of these items can determine your amount of coverage . Term life insurance is generally offered in five year increments like 5 , 10 , 15 , 20 and 30 years . Permanent life insurance can cover you to age 121 . Permanent life insurance is offered in five types : Participating whole life , guaranteed universal life , current assumption universal life , indexed universal life and variable universal life . Youll need to determine your planning model for life insurance . Is it for protection , tax advantages income or next generation use ? And in addition is your risk tolerance .


Input: Can I Switch Car Insurance Mid Policy?

Output: Yes you can , but be sure to check with your Insurance Professional to find out if there are any surcharge costs for cancelling your current policy mid term . It is also not the best idea to consider doing this if you have a claim settlement in process because it can only serve to confuse and perhaps delay .


Input: When Does Medicare Levy Start?

Output: If you are a senior with a high income -LRB- above $ 85,000 for those filing their tax return as single , above $ 170,000 for those married filing jointly -RRB- , you will pay a surcharge in addition to your standard Medicare Part B premium -LRB- $ 104.90 in 2014 -RRB- . The penalty you pay varies depending on your modified adjusted gross income -LRB- MAGI -RRB- from two years prior.You would start paying the surcharge when your coverage starts -LRB- the effective date -RRB- .


Input: Does Medicare Part D Cover OTC Drugs?

Output: Unfortunately , over the counter -LRB- OTC -RRB- medications are not covered by Medicare . You must have a prescription from your doctor that you need a specific medication , it must be medically necessary and it must be included on the Medicare or your plans `` formulary '' for it to be covered . A Part D or Medicare Advantage plan is an excellent way to save money on prescription medications .


Input: What Does Genworth Long Term Care Insurance Cover?

Output: Genworth is a leading manufacturer and distributor of long term care insurance . Their long term care policies cover various options of elderly care from assisted living at home to nursing home confinement . The contract offers additional riders like the inflation rider that can mitigate rise in the cost of living .


Input: Does AARP Have Auto Insurance?

Output: AARP auto insurance is a program written through The Hartford . Only the Hartford can offer the AARP discount to both home and auto insurance . I personally have the Hartford AARP , not just because the rates are competitive but because the coverage 's offered by the Hartford are excellent and are among the best and broadest in the industry .


Input: How Quickly Can You Get Health Insurance?

Output: You can get health insurance quite fast - especially right now while the annual enrollment period is still open -LRB- it 's open til February 15 -RRB- . The application process only takes a few minutes and acceptance into a qualifying health plan is guaranteed with no medical underwriting - the underwriting and issuance of your health policy typically may take a week or two to get mailed out to you . When the coverage starts -LRB- the effective date -RRB- is a very important factor to keep in mind as that tells you when your coverage will actually be active . So even if you apply let 's say today -LRB- January 12 -RRB- , your effective date would n't be until February 1 . I hope the information helps . If you need help with your coverage , please feel free to send me an e-mail or call me via my profile page . Thanks very much .


Input: How Does Home Insurance Escrow Work?

Output: Some banks these days require that your Homeowners Insurance be paid by them froman escrow account . If that is the case , then when you are closing on your home and obtaining insurance , they will require you to pay your insurance professional an amount equal to the full first year 's premium . The policy will then be set up to bill your mortgage company upon each renewal . The monthly payments that you make to your mortgage company , in addition to principal and interest , will include an amount for the next renewal on your Homeowners Insurance . Your insurance company will bill your mortgage company at the renewal and the annual premium will then be paid by your mortgage company from your escrow account .


Input: What Age Do You Go On Medicare?

Output: Most people go on Medicare at age 65 . You can not get on Medicare at a younger age unless you meet the guidelines for qualification while having Lou Gherig 's Disease or End Stage Renal Disease , or if you have been receiving Social Security Disability benefits for at least two years .


Input: When Can You Purchase A Medigap Policy?

Output: Medigap insurance is another name for med-supplemental insurance one in the same . You can apply three months prior to your 65 th birthday . You must have your card from parts A and B of Medicare to use on the application . You can apply all the way to 3 months after your 65 th birthday . So the total window is 6 months of course its not effective till the day of your birthday .


Input: Who Pays For Senators Health Insurance?

Output: Federal employees receive employer contributions , just like you see in the private sector . Under the affordable care act , many members of congress are enrolling in plans through the DC Health Link -LRB- Washington D.C. 's health exchange system -RRB- . Some are old enough to be/are on Medicare . Others announced they would be waiving their employer contributions and getting their coverage through a state-run or federal health exchange . Other options for them included were being covered under a state government employee health care plan or through their spouse 's group coverage . In short , Senators and other members of Congress have multiple options available to them .


Input: Who Pays For Senators Health Insurance?

Output: Great question ! Lol , we pay for part with our tax dollars -LRB- The Federal Government is their employer , who chips in for part -RRB- and they pay for the rest , just like we do at our work , when we are enrolled in their health plans . The ones on Medicare , we pay for with our tax dollars.Thanks for asking !


Input: What To Look For In A Disability Insurance Policy?

Output: The things to look for in a disability insurance policyare as follows : 1 -RRB- Is it short term -LRB- under 6 months -RRB- or long term -LRB- at least 2 years -RRB- ? 2 -RRB- How long is the elimination period -LRB- how long until you start getting paid benefits -RRB- the most common are 30-60-90-180-360 days ? 3 -RRB- How long is the benefit period -LRB- how long do they benefits pay for -RRB- common benefit periods are 2-5-10-20 years or age 65 or age 67 ? 4 -RRB- What is the rating class of your occupation -LRB- 1A-5A -RRB- the lower the number the higher the premium ? Blue collar versus white collar occupations 5 -RRB- How much does the benefits reduce when you become eligible for Social Security benefits -LRB- there are riders toincrease that reduction -RRB- ? I would highly recommend using an experienced independent broker to find the right coverage at the best price for your unique situation . 5 -RRB-


Input: What To Look For In A Disability Insurance Policy?

Output: Some things to look for in a Disability Insurance policy are how long the elimination period is , how long the benefit will last , whether it pays if you are unable to go back to work for your own occupation , if there are opportunities to buy additional coverage in the future without evidence of insurability , and the amount of income that you would receive if you were to become disabled . A good Disability Insurance agent can help you find a policy with the most important features , while still keeping it within your budget .


Input: Does The Government Require Auto Insurance?

Output: Almost all states within the United States of America require some level of auto insurance coverage . Typically the required coverage is liability , property damage , and uninsured motorist . Liability insurance typically covers the medical expenses of persons not in your vehicle that are injured due to an accident that you are deemed responsible for and property damage typically covers property that is damaged in an accident that you are deemed responsible for . Uninsured motorist typically provides coverage -LRB- possibly less your deductible -RRB- for you and the other passengers in your vehicle and your vehicle in the event that you are involved in an accident and the person responsible for the accident does not have any insurance coverage .


Input: What Is A 20 Year Term Life Insurance?

Output: A 20 year term policy is a life insurance policy that has a level premium for 20 years . In other words your premium can not change regardless of change in health , occupation , or residence . Be careful though , not all term policies are guaranteed level . You may cancel the policy at anytime . Therefore the risk is with the life insurance company . A term policy is primarily used to create an instant estate upon the sudden death of a income earner to replace income , payoff debt or fund a child 's education fund . To avoid costly mistakes , you should seek the advice of an experienced broker .


Input: What Is A 20 Year Term Life Insurance?

Output: 20 year term life insurance is a limited indemnification insurance product that protects the policy beneficiaries against the demise of the policy insured . Several 20 year term life insurance policies have conversion provisions in case you need to extend the time period to a permanent life insurance policy .


Input: What Is A 20 Year Term Life Insurance?

Output: A 20 year Term life insurance policy is one that will provide coverage for 20 years , presumably with the premium staying the same for the whole 20 years . You need to check the policy features to make sure your premium is guaranteed not to go up for the entire 20 years . When the 20 year Term is up , the policy will end or the premium will jump up extremely high and can go up yearly after that .


Input: How Long Does Private Disability Insurance Last?

Output: You coverage length options for long term disability depend on the carrier but are some combination of the following : 2 years , 5 years , 10 years , to age 65 , to age 67 and/or to age 70 . There is also an elimination period that must be satisfied in order for the policy to kick it . Typical elimination periods are : 30 days , 60 days , 90 days , 180 days and/or 365 days . From my experience , the most common is a 90 day elimination period with coverage to age 65/67 . It is also important to note that the length of coverage of an own occupation definition of disability could be shorter than the total coverage of the policy . This is most common in group long term disability insurance .


Input: How Long Does Private Disability Insurance Last?

Output: A disability policy can last up to age 67 years old . However , the claim benefit period is specific to the contract you purchased . A long term disability plan can pay as little as two years after claim or again all the way to age 67 . There are many caveats in a disability contract . I recommend using an experienced independent broker to navigate the maze of benefits and riders to be sure you have a solid contract that meets your goals and expectations .


Input: How Long Does Private Disability Insurance Last?

Output: How long does private individual disability last ? Well , a couple of ways . One way is the duration you choose when you apply for a plan . The other is the limits established by the policy which may be 65 , 67 or even age 70 . The big thing though is always , I mean always read the entire policy . Many plans have a 24 month exception for certain conditions . Disability language should be short and sweet . Any words after the definition of disability usually are telling you what they wo n't do .


Input: How Long Does Private Disability Insurance Last?

Output: You should consider purchasing long term disability coverage to age 65 , the target retirement date of most Americans . Protecting income is with long term disability insurance is only second to long term life insurance . Most American workers have 90 days of case reserves on hand . The average disability period is 31 months .


Input: Will Auto Insurance Replace A Car Seat?

Output: If you auto has a child safety seat and is involved in an auto accident then the insurance company will replace the child seat . The reason for this is the safety of the seat may have been compromised in the accident . This is a question all claims adjusters will ask when the claim is taken .


Input: How Much Should You Pay For Disability Insurance?

Output: The first step is to determine your legitimate earnings to establish your compensation . Then you have an important decision to make : pay the premium after tax for a tax free benefit of up to 60 % of your compensation or pay the premium pretax for a taxable benefit up to 80 % of your compensation , provided that you have ability to use the premium as a legitimate business deduction . Depending upon your gender , age , nonsmoking status and good health condition you should be ready to pay 5 to 8 % of your compensation .


Input: How Much Does Disability Insurance Cost A Month?

Output: There are just too many factors to answer that question . First you must determine the type of disability plan you need either short term or long term . Then you must select a benefit amount , benefit period and elimination period . Once you have that information , the insurance company underwriter will need the following information , your age , build , health status , life style , occupation , job duties , income , length of employment , and net worth . I recommend using an experienced disability broker to walk you through this maze of information to be sure you purchase the right plan and the best price for your unique situation .


Input: What Company Has The Best Renters Insurance?

Output: There is no one company that has the best renter 's insurance for all persons . In certain states , State Farm or Farmers may have the best rates . In other states , Nationwide or Liberty Mutual may offer the best options . And perhaps Geico in specific situations . Am I evading the question ? Yes . So ... here 's what you should do . Contact an experienced broker and within a few minutes , you 'll be presented with the most affordable renter 's insurance options in your area .


Input: How Long Does Life Insurance Take To Get?

Output: There are life insurance policies that can take a very long time to get , and there are policies that can take a very short time to get . The difference is how much is required during underwriting and how fast or slow the people working on your application are moving . While rare , No Exam life insurance exists that can literally be applied for , approved and issued within an hour . Most No Exam life insurance policies take a few days or more , depending on whether they also order medical records , and depending on how fast that particular life insurance company processes their No Exam policies . If the agent or agency you used is nonresponsive , this can also hold things up . Policies that require medical underwriting can take much longer . If you are in good health and utilize a `` quick '' app like many carriers offer , you will often need to do a long phone interview , but this can cut down your chances of the life insurance company ordering medical records . Having to wait on doctor 's offices providing medical records to the insurance carrier is the major cause of extended time during underwriting , so if that step is avoided , the process will go much faster . If your policy does require medical records to be approved -LRB- most policies requiring an exam do require medical records if a health condition exists -RRB- , you can help speed it up by calling your doctor 's office or perhaps even obtaining your medical records yourself . Also , be sure to list on your application ALL the doctors you have seen in the past 5 years , or any physicians that were involved in your diagnosis . Being able to order those from the start , rather than having the underwriter find out about them through reading one set of records and THEN having to order those additional records , can shave weeks to months off of the time it takes to put your policy in effect . Finally , if you are need to take a medical exam , take it as soon as possible . Much of the rest of the process revolves around that , so getting that out of the way quickly could help you have a policy in your hands within one month .


Input: Does Medicare Cover Dental Or Vision?

Output: Medicare generally does not cover dental or vision . However , there are certain conditions when Medicare may provide some coverage - this is generally when it 's an integral part of a covered procedure . For dental , Medicare may provide some coverage when it 's an integral part of another procedure , such as procedures conducted during a hospital visit , covered under Part A. Routine checkups , cleanings , fillings , etc. are not covered by Medicare . For vision , Medicare will cover some preventive and diagnostic eye exams such as for glaucoma or macular degeneration . Routine eye exams are not covered by Medicare . You can purchase a separate dental and/or vision insurance plan through an insurance agent/broker .


Input: Does Medicare Cover Dental Or Vision?

Output: Medicare does not cover dental unless your teeth have been injured in an accident . Medicare will cover anything medically wrong with your eyes -LRB- glaucoma , cataracts , macular degenerative disease , etc. -RRB- . Medicare does not cover a new pair of glasses unless you have been prescribed new glasses as a result of cataract surgery .


Input: Does Homeowners Insurance Cover Water Damage From Toilet?

Output: Great question ! The short answer is that it should , assuming that the damage was n't caused by some form of negligence . The thing to consider though , is this - how much was the estimate for the repair of the damages ? Would it be less than the cost you will incur if / when your premiums increase after filing a claim for that damage ? For example - the estimate to repair is $ 200 . You file a claim , and the company pays it , and then increases your premiums by $ 30 , let 's say . Your cost for insurance that year now is increased by $ 360 -LRB- 30x12 = 360 -RRB- . It cost you $ 160 to get your $ 200 work done for you . It is the same situation with auto insurance and accident claims . Be careful , and contact your agent , or other homeowners , and get an idea of what the rate increases are . You may even find that they have a `` forgiveness '' type of clause where it wo n't raise the rate . Hope that helps ! Thanks for asking !


Input: Does Homeowners Insurance Cover Water Damage From Toilet?

Output: Not all home owners policies are created equally ! The cause of loss determines if the damage will be covered by the insurance company . Most home owners policies cover a broad range of covered losses . However , some policies only cover `` named perils '' , like fire , wind or hail . Let 's assume you had the broad range . The cause of loss would be next . If the cause was a slow leaking overtime caused by not fixing a leaky pipe then insurance is not designed to cover that . But , if it was a sudden accidental -LRB- not if you took a baseball bat to it in anger -RRB- breaking of the toilet , it would cover the damage in this case . Usually , the damages in the sudden breakage are severe enough that you would not want to self-insure and fix it yourself . Recently , we had a client have a broken toilet causing water damage . It started out as ~ $ 1000 , but as the plumber got into the repairs & replacing the toilet , the water damage had found under the tile , which turned into about $ 8000 . So , we went from not filing to filing a claim . Check with your agent regarding filingthe claim !


Input: Does Homeowners Insurance Cover Water Damage From Toilet?

Output: Even in a policy with the widest range of coverage generally excludes water entering the house from outside , specifically toilet backup . Many companies will let the homeowner purchase that coverage for an additional premium , but few policyholders take advantage of that offer .


Input: Is Car Insurance For A Lease More Expensive?

Output: Many leases will require you to carry 100/300 liability limits so if for some reason you want to carry lower limits you will see a premium difference there . Other then that the premiums are no different then if you owned the car yourself . If you are in a position to lease a car you should be carrying a minimum of 100/300 liability limits anyway .


Input: How Much Money Does Auto Insurance Adjuster Make?

Output: Auto insurance adjusters are paid by the hour in most cases just like any other job . How much an adjuster will make varies by the market the adjuster is currently lives in . Certain regions of the country are less and certain are more . Many carriers will offer benefits such as medical , dental , vision and even 401k plans . Also many carriers will train you but require you have a bachelors degree . If you are interested do a search . Many insurance carriers are always looking for adjusters .


Input: Is Gap Auto Insurance Worth It?

Output: If you have a new enough vehicle to qualify for gap insurance , it is absolutely worth it ! In the event of a total loss , it protects your vehicle from depreciation . It is very easy to become upside on an auto loan on a newer car -LRB- meaning the vehicle is worth less than what the loan amount is -RRB- . Gap insurance is inexpensive and a great thing to have for newer vehicles that qualify .


Input: Can You Have Both Medicare And Private Insurance?

Output: Yes , you can have both Medicare and private health insurance . One of the forms of insurance coverage will be the primary payer , and one will be the secondary payer . Contact the Medicare Coordination of Benefits Contractor at 800-999-1118 with specific questions about who pays first or if your coverage will change when you go on Medicare .


Input: Can You Have Both Medicare And Private Insurance?

Output: Yes , for example you can have Medicare and a Medicare Supplement plan to help cover what Medicare Part A & B does not cover . Medicare Part A & B only covers about 80 % of the costs so having a Medicare Supplement is important . There are 11 different Medicare Supplement -LRB- Medigap Plans -RRB- to pick from and they have a letter to tell you which plan they are . An independent agent that specializes in Medicare Supplement Insurance -LRB- Medigap Plans -RRB- can really be a huge help in showing you the plans available to you .


Input: What Is The Best Supplement Insurance With Medicare?

Output: Best means different things to different people . To some people best means lowest price . To others it means it accepts their health conditions when other companies might decline you . I 'm going to assume that by best you mean the highest level of coverage regardless of price . That is an easy question to answer . The Plan F Medicare Supplement is the highest level of coverage you can get of all Medicare Supplements . Many companies sell it and they all sell exactly the same thing -LRB- required by law -RRB- but they do not charge the same price . Have your insurance broker show you the rate for all the top companies so you can buy your Plan F cheaper and save . Have him also explain Plans G and plan N which can also be a better value for many people .


Input: What Is The Best Supplement Insurance With Medicare?

Output: Medicare pays about 80 % of your approved Medicare Part A and Part B claims . You are responsible for the balance . Without a good Medicare supplement insurance plan in place , you could be expected to pay thousands of dollars out of your pocket for the unpaid balance after Medicare pays their portion #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: What Is The Best Supplement Insurance With Medicare?

Output: Plan F offers the most comprehensive coverage of the new standardized plans . Plan G offers the best over value when compared to Plan F. Plan N or High Deductible plan F will offer the lowest over all premium , but with that you may take on additional out of pocket risk . Plan selection can also be influenced by the time of year you are switching . Switch to Plan G at or soon after the beginning of the year . If you are in the middle of the year and have plan F , it may be better to stay with Plan F. Each situation is different and that 's why it 's important to work with a broker .


Input: Can You Keep A Car Off Road Without Insurance?

Output: In most states , if not all , insurance is requireed to register a vehicle for road use . There are situations , for example if one owns a farm , that farm owner may have vehicles -LRB- trucks , trailers and other equpment -RRB- that are used strictly and exclusively on the farm and never enter the public roadways.You should check with your local authorities , but usually in situations like that , incurance is not a requirement . If you do have a private passenger car and it is registered , then insurance must be maintained . However , if it is a seasonal car , then talk to your insurance professional to see if your insuring company allows for the temporary suspension of liability coverage while that car is garaged in the off season .


Input: Can You Keep A Car Off Road Without Insurance?

Output: The answer to this question depends on the laws of the state you are from . If you plan non operating -LRB- PNO -RRB- and renew car registration with PNO fee you do n't have to have insurance on it . The only requirement that insurance company may have is that your car is properly registered with DMV . For instance , if the car is salvaged and there is no title , you ca n't insure it . But if the title was issued - you can get coverage . Here is a tricky question : if you own an off road mobile equipment , for instance , the one used in construction , and this vehicle is not designed / nor used on public roads - you are not required to register -LRB- i.e. forklift -RRB- . But if you cross a highway on a public road , than this creates a legal issue . This is a known fact . In the end , to answer your question more info is required . Do n't relay on anything you read here .


Input: Does Home Insurance Cover Guns?

Output: It may . Typically a homeowners policy will contain coverage for personal property . Under the coverage for that personal property there may be limited coverage for items such as fire arms , jewelry , and computers to name a few also subject to your deductible . In most case to properly cover your fire arms you will have to get an endorsement added to the policy to provide coverage for the full value of your fire arms . Contact your local agent about this coverage as it pertains to your homeowner policy .


Input: How To File A Claim Against Homeowners Insurance?

Output: Almost every insurance company provides a toll free telephone number . Use that number to report a claim . If the claim involves personal injury dont wait a minute . The key is to report those claims as soon as you know about them . You will have time to get all the particulars . If the claim involves a relatively small amount of property damage check with your policy to make sure you understand your deductible . It is also wise to check and see if you are getting a discount for having been claims free . These are factors to discuss before submitting the claim .


Input: How To File A Claim Against Homeowners Insurance?

Output: As was stated by my colleague , most if not all Homeowners Insurance Companies have dedicated telephone numbers or on-line reporting services specifically set up to help you to file a claim . HOwever , I personally think that it is a good idea to start by talking to your Insurance Professional about your situation . They will be able to help answer preliminary questions you may have as well as to discuss the specific terms and conditions of your policy . The claims professional will ultimately apply those elements of your policy and make the determination of coverage under them . Naturally , any settlement will be subject to your policy deductible .


Input: How Much Does It Cost To Convert 401K To Roth IRA?

Output: In order to convert a 401 -LRB- K -RRB- to a Roth IRA you must pay income tax on the entire amount of the 401 -LRB- K. -RRB- The Roth deals with after tax dollars and the 401 -LRB- k -RRB- has only untaxed dollars , unless there are excess contributions allowed which are made with after tax dollars . There are times when this is a very smart move , though , and should not be discounted . In the long run , the Roth IRA is received income tax free which might be a greater benefit .


Input: What Is The Cost Of Long Term Care Insurance Premiums?

Output: Premiums for long term care insurance vary considerably based on age , health and the policy options chosen . Gender is becoming a factor now , too . A qualified insurance professional can help design a plan to meet you needs and fit within your budget from the many insurers providing policies today . As an example , for a 60 year old , a tax-qualified individual comprehensive policy with 3 year level benefit , 90 day elimination period , is approximately $ 1000 annually per $ 100 of daily benefit .


Input: Can I Withdraw Money From My Term Life Insurance?

Output: That is a great question ! Unfortunately , term policies are typically very cheap because they have very few perks , One of the perks that they do not have is the ability to withdraw cash from them . There is no cash accumulation in term policies , therefore there is nothing to withdraw from . The premium you pay is typically only enough to pay for the cost of the insurance . Unless you have some form of rider on your policy -LRB- and you 'd be paying extra for it to be there -RRB- you will not be able to get cash from your policy . Thank you for asking !


Input: Can I Withdraw Money From My Term Life Insurance?

Output: Ordinarily , there is no money or cash value to withdraw from a term life insurance policy . Only permanent life insurance policies such as whole life and universal life have cash value to withdraw . Most term life policies have a terminal illness feature that allows the insured to access up to half of the face amount if diagnosed with an illness with a life expectancy of less than 12 months to live . Other than that , there is no cash value to pull from unfortunately .


Input: Can I Withdraw Money From My Term Life Insurance?

Output: As I always say : Term Life insurance is ONLY insurance against dying too early . There is no other benefit to term insurance other than if the insured dies before the term runs out . Or as mentioned by everyone above here , if you are in the process of dying - diagnosed with a terminal condition , -LRB- other than life itself ... which at present is a `` terminal condition '' -RRB- , and not expected to live more than one or two years - you may be able to access most of the death benefit before you die . Otherwise there is NO cash value from which to borrow in connection with term insurance .


Input: Can I Withdraw Money From My Term Life Insurance?

Output: Although term insurance has no cash value in most cases , unless it is a policy with `` ROP '' or `` return of premium '' . However most term policies today in most states offer a free rider that will allow a portion of the death benefit to be accessed in the event of a terminal illness .


Input: Can I Withdraw Money From My Term Life Insurance?

Output: Regular Term Life Insurance has no cash value to withdraw money from . However , Term Life policies with `` living benefits '' do allow you to access the death benefit in the form of cash while you are still living , in certain situations . The triggers that could allow you to use the death benefit as cash while still alive are : a -RRB- being diagnosed with a critical illness such as cancer , heart attack , etc ; b -RRB- being unable to do to or more ADL 's for an extended period of time ; and/or c -RRB- being diagnosed with less than 1-2 years to live .


Input: Why Can't I Cancel My Health Insurance?

Output: You can cancel your health insurance . If it is individual health insurance you purchased directly from a health insurance carrier you should be able to contact their billing and eligibility unit to cancel your coverage or contact your insurance broker for them to assist you in the termination . If you purchased your individual coverage directly through Healthcare.gov without the assistance of a health insurance broker then you are on your own as far as dealing with the helpful people at Heathcare.gov -LRB- and to be honest , while they are government employees my experience with them on the whole has n't been bad -RRB- but even then you should really be dealing with the insurance carrier you selected . Perhaps you are insured under a group health insurance plan at your place of employment and you are paying your share of the group insurance premiums on a pre-tax basis under a Section 125 plan -LRB- an IRS approved program that allows your insurance premiums to be taken out of your paycheck before your taxes are calculated -RRB- . If your work status has notchanged -LRB- e.g - going from full-time to part-time status -RRB- and you have not experienced one of the allowed change of life status events -LRB- e.g. - marriage , divorce , having a child , etc. -RRB- under the IRS regulations then you are essentially locked into your current enrollment status until your group 's next renewal date . In this circumstance simply deciding after you 've enrolled in the group health plan that you want to use that money for some other purpose is not reason enough to allow you to cancel your group health insurance coverage . This would be the circumstance where you might not be allowed to cancel your health insurance coverage .


Input: What Is The Best Way To Decrease Insurance Premiums On A Land Rover?

Output: In addition to the other answers here , it 's worth noting that some insurance companies use a U-shaped curve for their pricing . This means a lower amount of coverage may actually cost most than a higher amount . From the insurance company 's point of view , customers that are seeking the lowest amount of coverage may be a higher risk than those who insure at a higher level . As pricing generally reflects the assumptions of risk , there is a sweet spot somewhere in the middle of the range to get you the best price . Alternatively , you could get much better coverage for the same price as much lower coverage . Work with your agent to determine which level of coverage makes the most sense for you . It may be higher than you 've had before , but that could be to secure a better price for you .


Input: What Is The Best Way To Decrease Insurance Premiums On A Land Rover?

Output: That is an excellent question ! The best answer is be a safe driver , but that said , there are some things that you can do to help lower your cost . You may consider raising your deductible , as the lower your deductible , generally the higher your cost ; you may also consider lowering the limits of your coverage . In addition to those , you can see what options are available to you by the insurer for discounts , safe driver , monitoring systems , things like that that they may offer that you 've not taken advantage of . There also are discounts for having multiple cars or policies , so you may want to consider adding your other insurance policies under the one insurers roof . You may also just plain ask for one , tell them it 's too expensive , and see if they will work with you . Good luck , and thank you for asking !


Input: What Is The Best Way To Decrease Insurance Premiums On A Land Rover?

Output: Regardless of the type of car that you drive , the best way to control your insurance costs is to talk to your Insurance Professional about all available discounts and coverage options that are available to you . Talk about various deductibles for both Comprehensive and Collision . Talk about `` bundling '' your personal insurance program because many companies offer nice discounts if you insure your home and car together . Others deepen thse discounts if you also have life insurance or other coverage wit the same company . some companies offer discounts if your car is equipt with an alarm or theft recovery system , while others offer you the chance to have a monitoring chip plugged into your car to see if your driving habits qualify you for reduced rates .


Input: What Is The Best Way To Decrease Insurance Premiums On A Land Rover?

Output: With the company I represent the easiest way to reduce the premium for auto insurance for a Land Rover or a Honda , is to obtain another line of insurance coverage in your name . These discounts can make a significant difference . If you are already paying for homeowners insurance elsewhere you should consider moving it to the company insuring your Land Rover . I never recommend reducing coverage to save moneythat only increases the risk of incurring a loss that you can not afford !


Input: What Retirement Plan To Choose?

Output: When considering a retirement plan , you want to first determine your effective tax bracket to see if a qualified defined -LRB- pretax -RRB- contribution plan generates enough tax savings to make the restrictions of the plan worth doing or going the way of a non-qualified plan.You also need to determine if your employer sponsors a plan or whether you should use an individual plan . You should also establish your risk tolerance and time table to retirement , so you can select suitable products to fund your plan .


Input: How Do Insurance Companies Hedge Annuities?

Output: Annuities are written by life insurance companies . Life insurance companies also issue life insurance policies . When people live a long time , death claims are delayed and the company continues to get premiums . If those same people also have an annuity , the extension of the death claim helps finance the annuity . Since there is rarely a one to one example like this , you know that in a group of 100 people age 65 , someone is likely to die in the first year while four or five will make it to 100 . The money paid for the short benefit offsets the expense of the longer benefit . This is all actuarial science .


Input: What Is A Medicare Replacement Policy?

Output: A Medicare replacement policy is another name for Medicare Part C , or a Medicare Advantage Plan . It replaces Medicare Part A and Part B in that it provides the same benefits as Part A and Part B , but has some additional benefits and features . These vary from plan to plan .


Input: Does USAA Offer Long Term Disability Insurance?

Output: No , while USAA does offer many different types of insurance products , USAA does not offer Disability Insurance . If associated with the military and having a disability incurred to military service , the VA will pay disability benefits . If you are looking to purchase Disability Insurance while working in the private sector , there are many other Life Insurance companies through which you can purchase it .


Input: How Do The Duggars Afford Health Insurance?

Output: How do the Duggars afford health insurance ? How many children do they have ? 35 ? 100 ? 500 ? Ok ... maybe not that many , but it is a lot ! Although it 's just my opinion , Mr. Duggar seems to be a successful Realtor , which , I assume , provides an above-average salary . Also , prior to the creation of the show , the Duggars benefited by some successful real estate investments . And of course , there are the TV rights and revenue they receive , which could exceed $ 25,000 per episode . James , Justin , Joseph , Jennifer , Josie , Michael , Josh , Anna , Jana ... I have to stop . I 'm tired .


Input: What Is Unemployment And Disability Insurance?

Output: Unemployment insurance is insurance paid for by an employer to cover some income losses by an employee if that employee is terminated due to an employer 's no longer needing the employee . Disability insurance is insurance that can be purchased and paid for either by an employer or an individual employee -LRB- or both -RRB- and it covers lost income for the employee if he or she becomes too sick or injured to work .


Input: What Are Medicare Lifetime Reserve Days?

Output: Under Medicare part A you will have a deductible for the first 60 days , a copay for next 60 days . After that you enter your lifetime reserve during which your Medicare cover is extended to a maximum of an additional 60 days during your lifetime at an even higher daily copay . Most people never use their lifetime reserve days but it does happen . After your lifetime reserve days are used you are responsible for 100 % of the costs .


Input: What Are Medicare Lifetime Reserve Days?

Output: Inpatient hospital care is covered by Medicare Part A. Medicare only covers 90 consecutive days of hospitalization . After 90 days Medicare provides 60 lifetime reserve days and there is a co-pay of $ 644 per day for days 91-150 of hospitalization . Anytime you have been out of the hospital for 60 consecutive days and new benefit period of 90 days starts all over again . That is why it is highly unlikely you ever will use up your 60 lifetime reserve days . If you have a Medicare Supplement it will pay the $ 644 co-pay for days 91-150 and if you did use up your 60 lifetime reserve days your Medicare Supplement will provide you with an additional 365 lifetime reserve days .


Input: About How Much Does Car Insurance Cost For A 16 Year Old?

Output: Cost depends on many factors , including coverage limits ... which is a major item to consider . Too many people buy minimum or low limits of liability coverage which really covers a policyholder for very little , in the event of an even a two-car at-fault accident . In the first year of driving , for a new driver ... aged sixteen or seventeen , you will find that statistically , they will be involved in an at-fault accident . Though cost is obviously a huge factor in many families , the exposure warrants a hard look of consideration for purchasing high limits of liability insurance . Call several independent agencies in your area for more specifics and some pricing quotes .


Input: About How Much Does Car Insurance Cost For A 16 Year Old?

Output: Auto insurance rates are based on many factors . Some of those factors are geographic location , ages of the drivers to be covered , motor vehicle records of those to be covered , year make and model of vehicles to be covered , vehicle use , and years driving experience just to name a few . Contact a local agent to find out about coverage availability and pricing within your area .


Input: How Much Does A Pool Add To Your Homeowners Insurance?

Output: Having a pool may add additionalpremiumto your homeowner 's insurance but the amount will vary depending on who the company is . You will always be required to have the pool area properly fencedin with the appropriate security measures for others , especially children . Of course , a plastic `` kiddie '' pool will not cost extra !


Input: Is Optima Health Insurance Good?

Output: Optima Health Insurance company offers affordable medical coverage in Virginia . The Optima Plus policy is the most comprehensive option with coverage for office visits , prescriptions , major medical and much more . The FourSight plan is less expensive but does have specific limitations that the Plus policy includes . Preventive benefits are included on both plans .


Input: Does A Self Funded Health Insurance Plan Work?

Output: Most self funded employer plans are subject to ERISA rules and bypass most state regulations . Self funded plans have been popular for many years , mostly among `` jumbo '' groups . But several stop loss carriers will issue specific and aggregate coverage on groups as small as 25 employees . Due to Obamacare constraints , several carriers and TPA 's are creating plans that can cover smaller employer groups with 5 - 10 employees . When properly insured with spec and agg cover and solid financial underwriting , it is indeed possible to provide self funded coverage to smaller groups .


Input: Does A Self Funded Health Insurance Plan Work?

Output: Self funded plans are often used in larger companies , usually companies with 100 employees or more . Self funded basically means the company will purchase a large deductible plan from an insurance company and the company will be responsible for any claims that fall under that large deductible plan . These plans do not make much sense for smaller companies because there are not enough employees to spread the risk and small companies usually do not have the means to handle those large claims .


Input: Does AARP Offer Short Term Disability Insurance?

Output: No , AARP does not offer short term disability insurance , nor does it offer long term disability insurance . The best place to get short term disability insurance is through your employer , if your workplace offers it . Otherwise , there are a couple of companies that sell it to private individuals . Please contact me if you would like personal assistance .


Input: Does AARP Offer Short Term Disability Insurance?

Output: AARP does not offer any type of insurance - they are only a marketing organization . If you 're looking for short-term disability coverage , it can be secured in one of two ways : 1 -RRB- your employer -LRB- if they offer short-term disability insurance -RRB- 2 -RRB- an individual policy purchased through an insurance company If your employer offers it , it would likely be issued on a guaranteed-issue basis and not require any medical underwriting -LRB- assuming several factors such as size of group , etc. -RRB- . If you 're going to secure it through an insurance company , you will want to consult with an independent agent who has a strong background in disability insurance and can compare multiple companies for your . As disability insurance is a much more customizable type of coverage than other lines of insurance , it 's important to look at the details of available policies closely -LRB- e.g. what the requirements are that need to be met for a claim to be approved , the definition of disability under the policy , etc. -RRB- . Not all short-term policies are the same so it 's important to look at the programs beyond just the price . If you 'd like help with securing coverage , please send me a message via the contact me button next to my name and include your name and number . There is an agent in my group with an extensive knowledge of disability programs I can put you in touch with . I hope the information is helpful - please let me know if you have any other questions . Thanks very much .


Input: Does Medicare Cover Circumcision?

Output: Since Medicare covers people over the age of 65 , and those with certain disabilities that have received Social Security benefits for 25 months , it would be very rare for Medicare to cover a circumcision . It would be possible , if someone with Medicare had a true medical need to be circumcisized later in the life , but very rare , as most circumcisions are done at birth . Given the fact that 40 % of births in American are covered by Medicaid , a better question may be `` Does Medicaid cover circumcisions ? '' That varies by state , as 18 states currently do not cover this procedure , primarily due to the fact that it is most often elective , or not necessary . the 18 states that do n't cover circumcisions , along with the year they stopped : Colorado 2011 South Carolina 2011 Louisiana 2005 Idaho 2005 Minnesota 2005 Maine 2004 Montana 2003 Utah 2003 Florida 2003 Missouri 2002 Arizona 2002 North Carolina 2002 California before 1999 North Dakota before 1999 Oregon before 1999 Mississippi before 1999 Nevada before 1999 Washington before 1999


Input: Can I Get Car Insurance If I Don't Own A Car?

Output: yes . you can buy what is called a named operator -LRB- aka non-owners -RRB- auto insurance policy . It covers you in any non-owned vehicle you drive . however , a named operator policy does not cover the vehicle that you are driving -LRB- meaning no comprehensive or collision coverage is offered -RRB- . A named operator policy only offers liability coverage , medical coverage and uninsured motorist coverage . as an alternative , some states also have what is called a broad form named driver policy . It is very similar to a named operators policy , but with some minor differences .


Input: When Do I Add A Baby To Health Insurance?

Output: Health insurance policies will generally cover a new born as long as you enroll your newborn within 30 days of birth . Coverage should be effective as of your babys birth date , just remember , you should enroll your baby within 30 days of the date of birth.Contact your health plan or your spouses health plan as soon as possible to find out how to enroll your new baby in group health plan coverage .


Input: When Do I Need To Sign Up For Medicare?

Output: If you receiving Social Security benefits at age 65 , you will be automatically enrolled in Medicare . If you are not yet taking your Social Security benefits at age 65 , you will need to sign up for it in the three months before or after the month of your 65th birthday .


Input: When Do I Need To Sign Up For Medicare?

Output: Medicare Part A is `` automatic '' for most who meet the requirements . To qualify you must be a US citizen or legal resident , have lived in the US at least 5 years and worked at least 10 years in the Social Security system . You may also qualify if your spouse meets the Social Security requirements .


Input: When Do I Need To Sign Up For Medicare?

Output: As explained above , when you turn 65 you are automatically enrolled in Medicare Part A . As long as you are a citizen , or a legal resident and have worked 40 quarters in the United States , this benefit will be free . If you have worked less than the 40 quarters , you may be able to buy the Part A benefit . In addition , if you are under 65 and disabled you may also be eligible for Medicare coverage . Part B of Medicare is optional unlike Part A . If you are enrolled in Part A and have insurance through your employer , you may not have to enroll in Part B , which costs $ 104.90 per month . However , if you want to benefit from full Medicare coverage , you will need Part B as well as Part A . In addition , if you would like to enroll in supplementary insurance in addition to Medicare -LRB- Medigap , Medicare Advantage orPart DRx coverage -RRB- , you must be enrolled in both Part A and Part B.


Input: When Does Health Insurance End When Leaving A Job?

Output: If you leave your job or are terminated your health insurance usually ends at the end of the month you left your job . At that time you would be eligible for COBRA continuation coverage for 18 months or you could purchase indivdiual health insurance . COBRA used to be the best option if you had a pre-exisitng condition but under the Affordable Care Act , commonly known as Obamacare , you can purchase individual coverage with no issues . You have to prove that you have a qualifying event under the IRS code which is a letter of Creditable Coverage from your former health insurance company or employer .


Input: What Does 401K Rollover Mean?

Output: A 401 -LRB- k -RRB- rollover simply means that you are taking your funds in your current 401 -LRB- k -RRB- and moving them , rolling over , into an IRA , Individual Retirement Account . You can also transfer the your 401 -LRB- k -RRB- to another 401 -LRB- k -RRB- as well if you are working for a new employer and they have a 401 -LRB- k -RRB- option . By rolling over your monies , you avoid any tax consequences as the money remains tax-deferred . There are several options for rolling these monies to an IRA . I usually recommend rolling them into an Annuity , a Fixed Indexed Annuity . The reason is to preserve the moneys you have worked so hard to get . You are guaranteed to never lose your initial balance and usually get market like gains . When you retire , if the account was set up correctly , you can get a lifetime income as well . If you are looking at options and would like more information , do not hesitate to contact your broker adviser . If you do not have one or would like a new perspective , contact me .


Input: What Does 401K Rollover Mean?

Output: That is a great question ! Simply put , a 401k rollover is what you call the action of taking the funds from one 401k and moving them -LRB- or `` rolling them over '' -RRB- into another 401k fund , or similar retirement vehicle . This has to be done in a very timely fashion , or there are tax consequences , and is most commonly done when you switch employers , and want to keep funding the 401k . Thanks for asking !


Input: Which Retirement Plan Is Right For You?

Output: The best retirement plan for you is the one that is suitable to your personal financial profile , including a risk assessment analysis , retirement date and a life expectancy report . Also included in your profile is your effective tax bracket rate , which oddly enough is unknown to most retirement participants . Armed with this information , you and your adviser can select the optimal retirement solutions for you .


Input: How Much Does A Life And Health Insurance Agent Make?

Output: The income of life and health insurance agents probably follows the Pareto principle : twenty percent of the producers make eighty percent of the income . That leaves eighty percent chasing after a small slice of the pie . Many people get started selling insurance , burn out , and then move on to another field . Most producers are paid strictly by commission - a percentage of the annual premium sold . Commission rates vary by carrier and type of policy sold .


Input: Can My Landlord Force Me To Get Renters Insurance?

Output: A landlord can require within a rental agreement that you sign that you must have renters insurance . If you do not comply with the terms of the rental agreement then the landlord has the right right to refuse to allow you to rent from them . Renters insurance is very inexpense and I would adimately reccomend that every renter have renters insurance .


Input: Is Life Insurance Taxable To The Beneficiary In Michigan?

Output: Life insurance is generally not taxable to the beneficiary in Michigan or in any other state . Life insurance is passed to the beneficiary income tax free when the beneficiary is a person . If there is interest earned on the proceeds due to taking them in installments rather than a lump sum , the interest on the proceeds are taxable , but not the life insurance benefit . If the amount of the estate is over $ 5,250,000 in 2013 , estate taxes may be charged ; contact a tax attorney if this is your situation .


Input: Does Warren Buffet Own Long Term Care Insurance?

Output: As a Nebraska native who knows people with Buffet 's stock , and who are invited to the stockholders ' meeting each year , I can say that Warren Buffet keeps his own personal finances personal . My speculation is that he has enough holdings to liquidate that he could get by without Long Term Care Insurance . But since he owns many insurance companies , he may have LITCI . Maybe he will respond .


Input: What Is The Difference Between Life Insurance And AD&D?

Output: Life insurance pays the proceeds upon loss of LIFE . The cause of death is irrelevant , except for a few conditions such as suicide during the first two years . AD&D insurance pays the proceeds for ACCIDENTAL DEATH & / or DISMEMBERMENT . Most death is caused by natural causes , which means that Life insurance policies pay out far more often then do AD&D policies .


Input: What Is The Difference Between Life Insurance And AD&D?

Output: Life insurance will pay out lump sum to the beneficiary at the time of death regardless of the cause of death -LRB- with a few exceptions -RRB- . An Accidental Death and Dismemberment -LRB- AD&D -RRB- policy will only pay out to the beneficiary if the death is caused from an accident . Dismemberment typically pays out a lower percentage of the death benefit . AD&D plans are very inexpensive and a great way to add additional coverage .


Input: What Is The Difference Between Life Insurance And AD&D?

Output: Great question ! There are a couple of major differences . Perhaps most importantly is what they will pay out for . An AD&D policy will only pay if you pass due to an accidental death as defined by their definition of `` accident '' . A sickness , or other health issue -LRB- heart attack , stroke -RRB- will not be considered an accident , so there would not be a payout for a claim . A Life Insurance policy would pay out for both causes of death , accidental or health related . A benefit of the AD&D policies is that if you are disabled as a result of an accident you can file a claim and be compensated for the injury , something a Life insurance policy wo n't . Many Life insurance policies include an accident rider that increases the death benefit if the death is by a covered accident , and nearly all will offer it as a rider . I would not advise that someone purchase an AD&D policy as their sole form of protection , as the vast majority of deaths are health related , but they can add some nice extra protection . If you have any questions , please feel free to contact me , I 'd be glad to help . Thanks for asking !


Input: What Is The Difference Between Life Insurance And AD&D?

Output: Every life insurance policy covers accidental death . Traditional life insurance policies provide full coverage -LRB- paying out proceeds in the event death occurs by illness or injury -RRB- . Partial coverage policies only covering accidental deaths are known as Accidental Death & Dismemberment life insurance programs . These policies typically feature much lower premiums than full coverage programs , but only pay out a death benefit if death occurs under certain conditions -LRB- e.g. dying in a car accident -RRB- . If you only have an AD&D policy and you die due to a heart attack , the policy would not pay out any proceeds because that would be considered death due to illness . Even though the premiums are less with AD&D policies , it 's worth paying the premiums for a full coverage life insurance policy because individuals are most likely to die due to illness than they will by injury .


Input: What Is The Difference Between Life Insurance And AD&D?

Output: The basic U.S. life insurance covers death by any cause at any time in any place -LRB- after a 1 or 2 year suicide exclusion period depending upon your state -RRB- whereas , an accidental death policy covers only one peril , death by a defined accident . Many insurance critics decry the use of the accidental death policy but accidents are the # 5 leading cause of death in America and the # 1 leading cause of death for folks 25 and under , so there is a viable need in the marketplace for this kind of policy .


Input: What Is The Difference Between Life Insurance And AD&D?

Output: Life insurance pays from all causes of death , including suicide -LRB- after 2 years in Canada -RRB- . . The accidental death pays if the death results from an accident . With AD&D policies this can actual increase depending on the type of accidental death . It is usually quite inexpensive , but since it can not be counted on in every circumstance should not be counted on totally in any planning . The dismemberment portion as the name suggests pay for loss or loss of use of parts . For example loss of a limb due to an accident or loss of sight . The AD&D policy or rider will provide a schedule of what portion of the face amount will be paid for each occurrence . In Canada AD&D riders are often are seen with Disability and Automobile Insurance policies If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Is Old Age Survivors And Disability Insurance?

Output: The Old Age , Survivors , and Disability Insurance programis another name for Social Security . Itwas set up by Congress as part of the Social Security Act in 1935 . It is funded by Social Security taxes and provides benefits to persons over age 65 , the disabled , and survivors of eligible persons .


Input: Does Health Insurance Require A Physical?

Output: Most health insurance plans do not require you to have a physical exam . In some cases , when you are applying for individual health insurance the carrier may ask you to have a physical exam as part of the application process . This is usually a requirement if you do not currently have health insurance , or if you have not seen a doctor for any reason in the last 2 years .


Input: Can A Non US Citizen Buy Life Insurance?

Output: A non US citizen can buy life insurance with most life insurance companies if he or she is a permanent United States resident -LRB- i.e. has a Green Card -RRB- or is legally working in the US temporarily -LRB- has an H-1B visa -RRB- . Some companies will exclude coverage to anyone except a United States citizen , more often in the case of some simplified issue products .


Input: What Does Life Insurance Typically Cost?

Output: The cost of life insurance is extremely variable based on one 's age , health , and the type of policy one purchases . The premium for a $ 100,000 policy can range from a few dollars per month to hundreds of dollars per month , depending on these variables . A good place to start is to look at how much you need , and also how much you can afford to spend on life insurance . You do n't want to get in over your head and have to drop the policy in a short time . But if your family or business would suffer without you , it is an important purchase worth budgeting for , too .


Input: Is Renters Insurance A Waste Of Money?

Output: A renters policy is an example of sharing a risk . There is a risk that your apartment could catch fire and destroy everything that you own . If you are concerned about that possibility you purchase a policy that pools you with others in a like situation so that if someone in the group has that fire , the money to make that person whole is available . To the person receiving the funds , the policy was a windfall , to everyone else it was an expense but all of the participants shared the risk .


Input: Is Renters Insurance A Waste Of Money?

Output: That is a great question ! I guess that you have to decide what a waste of money really means to you , to answer the question properly . If you did n't buy it , and something happened that destroyed all of your stuff , then you wasted all of the money that you spent to buy your stuff . With insurance , your stuff would be replaced , and the money not wasted . But if you bought it , and nothing ever happened , is the covering of that risk even though you did n't need it a waste ? That 's the answer to your question . Is security and peace of mind a waste of money to you ? Just a different way of looking at risk . Thanks for asking !


Input: Is Renters Insurance A Waste Of Money?

Output: Look , there really is only one kind of insurance policy that is guaranteed to pay out so long as it is maintained and that is Life Insurance . It is possible to go through your entire life and never get sued and never have any of your personal belongings lost , destroyed or stolen . You may never be involved in a car accident or have your car damaged by a falling branch or run away shopping cart . But one thing is certain - we all will die . So no , I would not consider Renters Insurance to be a waste of money any more than any other kind of Property and Casualty product . The reason is that if you have it , you have peace of mind .


Input: Does Golden Rule Insurance Cover Mental Health?

Output: Golden Rule is a subsidiary of United Healthcare . Golden Rule issues individual major medical plans in select states . Most of the policies do include mental health benefits as required by your state department of insurance . In some cases you may `` buy up '' from the standard mental health benefit to an enhanced plan . The enhanced plan , where offered , replaces the usual limited benefit mental health benefit with one that treats mental health as `` any other illness '' .


Input: How Much Does Health Insurance Cost For A Family In New York?

Output: Health insurance for a family in New York is available although the cost will vary depending on many factors . However , suppose a family of four lived in Syracuse -LRB- 2 adults age 40 and two children -RRB- and there were no major health issues . MVP Healthcare could offer a policy for approximately $ 712 per month . This would be an HMO plan with a $ 1,250 deductible . However , the same family could obtain coverage from Empire Blue Cross Blue Shield for $ 421 if the lived in White Plains . That price would be for an indemnity plan , however . Emblem Health would offer a similar-priced option as MVP . An experienced broker with a reputable website can shop all of the carriers for you


Input: Can State Farm Cancel My Homeowners Insurance?

Output: Any company can cancel your auto or home insurance . Auto and Home insurance is not guaranteed renewal . If your claims history does not meet guidelines , if your home is in disrepair , if you purchase a dog that is considered dangerous , if the company decides to pull out of your state , there are a number of reasons a company can cancel you .


Input: Does USAA Do A Drug Test For Life Insurance?

Output: Yes , all carriers require a urine and blood test when applying for life insurance . The lab results are reviewed to check for drug use along with other tests such as cholesterol , blood sugar , liver enzymes , etc. . There are guaranteed issue or simplified issue policies that may not require blood or urine samples , but there are questions asked about drug use on the application that must be answered .


Input: Will Homeowners Insurance Increase With Claim?

Output: Most policyholders do not have a claim . A policyholder that experiences a claim is no longer standard . The company may determine that it is necessary to increase the premium to reflect the greater risk that this particular insured presents . Additionally , companies have provisions allowing discounts for periods of being claims free . Sometimes the loss of this discount can represent a significant increase in premiums .


Input: Will Homeowners Insurance Increase With Claim?

Output: That of course will depend upon the terms and conditions of your policy so it is best to talk to your Insurance Professional about this . Typically upon the renewal after a claim , it is possible that your company will assess a surcharge that may vary depending upon the nature of the claim .


Input: How Long Will It Take To Get Life Insurance Money?

Output: Video Transcript : Today 's question is , How long does it take to get life insurance money ? Well I 'm assuming this question is how long does it take to get death benefit proceeds if somebody died that I am the beneficiary of ? If I 'm looking at that , usually it 's around 30 to 60 days . You 're going to get a form from the company . You 're going to have to fill that form out . Generally they 're going to get a newspaper clipping from the obituary and the certificate of death . Once that 's processed , you should be getting a check , sometimes even wired to your account depending on how you set it up , you should be getting a check between 30 and 60 days generally , unless the death occurs in the first to years . If it 's during the first two years of a contestability it 'll take longer because the company has the right to investigate the claim .


Input: When To Buy Medigap?

Output: The best time to buy a Medigap policy is when you are first eligible , i.e. during your 6-month Medigap open enrollment period , because you can buy any Medigap policy sold in your state , even if you have health problems . This period automatically starts the month you 're 65 and enrolled in Medicare Part B , and once it 's over , you ca n't get it again . Medigap insurance companies are generally allowed to use medical underwriting to decide whether to accept your application and how much to charge you for the Medigap policy . However , if you apply during your Medigap open enrollment period , you can buy any Medigap policy the company sells , even if you have health problems , for the same price as people with good health .


Input: When To Buy Medigap?

Output: The best time to buy Medigap -LRB- also known as Medicare supplement plans -RRB- right when you activate your Medicare Part B insurance . When you start Part B , it opens a 6-month initial open enrollment period to apply for any Medigap plan with NO MEDICAL UNDERWRITING . If you do n't secure a Medigap plan during this period and later you decide you want one , you will be subject to medical underwriting unless you qualify for a guaranteed issue right . So why get one?Original Medicare -LRB- Parts A & B -RRB- only cover about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . While 20 % does n't sound like a very big figure , it can add up to a nice big medical bill really fast . For example , if you had a procedure done that cost $ 10,000 and Medicare paid for 80 % -LRB- $ 8,000 -RRB- , you would be responsible for the other $ 2,000 of the bill - how many people can just get out their checkbook and write a check for that amount ? That number can be a lot higher too . The idea of a Medicare Supplement plan -LRB- commonly referred to as a Medigap Plan -RRB- is to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a much , much more predictable health care expense structure - and when you 're on a fixed income , this is vital . A plan F is the most comprehensive Medicare supplement plan available in the marketplace today - plans C , G , and N are very competitive as well .


Input: If Snow Falls Off My Roof And On My Deck And It Collapses Is It Covered?

Output: So , it is a bit scary that you are asking this question . Snow removal off a roof is some times an issue but on the deck itself you should be able to shovel it off . What concerns me is that perhaps your deck was a DIY project and you missed one key construction concept . The deck should not be a free standing structure and should be securely attached to the house . If you feel that it is not secure to the house , then that is a more serious issue you need address before friends and family take a risk of falling and injuring themselves severely .


Input: If Snow Falls Off My Roof And On My Deck And It Collapses Is It Covered?

Output: Yes , generaly speaking that would be covered subject to your property deductible . My concern about the question , however , is that it would take a huge amount of snow or a deck that needs attention for such a thing to happen . If your deck is in disrepair and there is evidence of samage that has occured over an extended period of time , it might be possible that such a claim would be denied . It is always best to check your particular situation with your insurance professional and with this winter upon us , now would be a great time to do that .


Input: What Is A Policy Holder For Health Insurance?

Output: In Insurance terms , the `` Policyholder '' is usually and most likely the first named insured in the Insurance Contract Agreement . In most cases , this is the person that not only pays the premium , but most importantly from a contractual standpoint , is the recognized Owner of the contract . In an Insurance Contract Ownership is of great importance because in short , owners control the management of their policies meaning that it is only by action of the policy owner that any actions not company initiated can be processed .


Input: What Is A Policy Holder For Health Insurance?

Output: A policyholder is the name of the person who has the coverage on an insurance policy . It is the first name on the policy and most likely will be the person who pays the monthly premium . This is called the declarations part of the contract and will contain the names , addresses , and other information to identify who owns the policy .


Input: What Does It Mean If Your Life Insurance Lapses?

Output: A life insurance policy will lapse , or cease to exist , when the planned premium is not paid on a timely basis . Most policies have a grace period , usually 30 days , in which the back premium can be paid before the policy lapses . In some cases a carrier will reinstate a lapsed policy if the back premiums are paid and the insured signs a statement indicating their health has not changed since the last premium was paid .


Input: What Does It Mean If Your Life Insurance Lapses?

Output: While the term lapse is commonly used , the technical definition of a lapse is a policy that terminates when there is no cash surrender value . A surrender would be the alternative to this , which is a policy that terminates with cash surrender value . A policy will terminate if premiums are not paid on time or there is not enough cash value in the policy to cover policy charges when due . Most states have a 30 day grace period for unpaid premium before a policy terminates . The state of New York requires all policies with a non-forfeiture benefits -LRB- i.e. any policy with a cash value -RRB- to have a 60 day grace period .


Input: What Does It Mean If Your Life Insurance Lapses?

Output: If your life insurance policy lapses , it means that your coverage has ended . In order to reinstate it , you will have to prove that your health has not changed . If that is not possible , you will have to get a new policy with new rates . In my experience , the most common reason for a policy lapsing is people moving and forgetting to tell the life insurance company their new address . This is most common if paying annually , as the post office forwarding period may not catch the notice . To avoid your policy lapsing , be sure to keep your current address and checking account on file at the insurance company . Many companies will allow you to set up a secondary address to which notices can also be sent . If you use online banking , set a warning if your life insurance premium is not paid . Treat your life insurance payment as you would or mortgage or auto loan payment . Especially if you are getting older or have had a change of health since you first purchased your policy , protecting you policy will be worth it .


Input: When Does Life Insurance Go Into Effect?

Output: Life insurance goes into effect after the first premium has been paid and the delivery requirements have been signed . If you purchased a No Exam policy , the company may draft the first premium and the policy might go into effect very quickly , as soon as a day or two after applying . If you applied for a policy that required exam and medical records , it could take as long as 6 months for the process to be completed and the policy to go into effect .


Input: When Does Life Insurance Go Into Effect?

Output: Life insurance goes into effect the minute that you are approved , accept the offer and pay your 1st premium . When you get life insurance quotes , they are just guestimates of what you will be offered . Then you fill out the application . The company reviews your application and verifies your health history and then they make you an actual offer . The offer may be higher , lower or the same as the original quote you were first quoted . Once you recieve the offer , you can accept it in writing or not accept it . If you accept it and make your first payment , you are covered . There are some policies that are sold by mail order companies -LRB- Globe , Mutual of Omaha , Physicians Mutual , AARP , etc. -RRB- which are called `` guaranteed issue life insurance . '' Those policies work differently . With those everyone gets the same rate because they just price them like everyone is in very bad health . You sign up through the mail but you really do n't have any coverage until you have paid them 25 payments over 24-months time . No ONE should buy a policy like this unless you have exhausted all other options . These are last resort policies for people in nursing homes or under hospice care . An agent that specializes with the ytpe of life insurance you want can help you get the most coverage for your premium dollar .


Input: Why Should I Buy A Fixed Annuity?

Output: That is a great question ! A fixed annuity is a way to give yourself an easily defined amount of money to provide a steady income stream from in retirement . People who like security like this type of annuity , because the interest rate is clearly stated and computed . This is a great investment as long as the rate is enough to outpace inflation , and the fees , and be comparable to what you might have received in other investments . I hope that helps , thanks for asking !


Input: Is Secure Horizons A Medicare Supplement?

Output: Secure Horizons is a senior market insurance carrier . They offier Medicare advantage AND medicare supplements so you can choose what suits you best . You should know Medicare ranks carriers and plans by a star system . Using this tool lets you know if beneficiaries and medical professionals like the plan . 5 stars if best , -LRB- never seen one -RRB- . Do n't be afraid if a three star plan . three and a half is better I recommend you find a Medicare adviser in your town and let them work with you at no charge to you . I hope this response has been helpful


Input: Does Erie Insurance Offer Health Insurance?

Output: Erie does not offer health insurance . They only offer auto , home , and life insurance . Erie is a great company based in the Northeast US.Erie does not domuch advertising which helps thererates to there insured . Look to them for auto , home or life insurance but that 's about it .


Input: Is Homeowners Insurance Prepaid?

Output: Typically , homeowner 's insurance , like most insurance coverage is prepaid . That is , you receive your bill for a year , six months or whichever billing mode you have selected , and it is paid . Your policy is then effective until it is cancelled and of course , you will receive subsequent billing notices . Ahomeowner ` sinsurance policy can be paid by a mortgage company if it is escrowed .


Input: Can X Rays Be Claimed On Medicare?

Output: Yes , X rays can be claimed on Medicare when they are determined as medically necessary -LRB- ordered by a doctor -RRB- . Medicare Part A covers X rays provided in a hospital or skilled nursing facility , and Medicare Part B covers X rays ordered on an outpatient basis . Medicare does not cover X rays ordered for preventative screening .


Input: Does Leasing Affect Car Insurance?

Output: The method of financing your car does not impact the premium rates charged for a specific level of coverage . You would pay the same rates whether you pay cash , take out a loan , or lease . Leasing companies own the vehicle and want to protect their asset . They will require that you maintain a specified standard level of collision damage coverage . If you paid cash you could pick lower limits and get a lower premium .


Input: Is Medicare Medicaid?

Output: No . Medicare and Medicaid are two separate programs . Medicare is a health insurance program designed to help provide affordable healthcare for seniors age 65 and above -LRB- as well as individuals with certain disabilities or ESRD who qualify -RRB- . Medicaid is a government program that helps those with low income who have difficulty paying for health care -LRB- and/or do not have the resources to do so -RRB- - Medicaid can be accessed by people of all ages .


Input: What Is GPRO Medicare?

Output: GPRO stands for Medicare 's Group Practice Reporting Option . GPRO was established in 2010 by the Centers for Medicare and Medicare Services , in accordance with the Social Security Act . Group practices or eligible individuals that use the GPRO are eligible for the Electronic Prescribing -LRB- eRx -RRB- Incentive Program , which is a financial incentive for using electronic reporting .


Input: Will Health Insurance Pay For Plastic Surgery?

Output: Only if deemed medically necessary . If you had an illness or were in an accident and had to have any kind of reconstruction , then it would be covered . If you just want a nose job because you think your nose is to big then no , it 's not covered . Your best bet is to read the exclusions and limitations section on your policy .


Input: What Age Should You Get Life Insurance?

Output: You can get life insurance at nearly any age up to age 90 . The age you should get life insurance is probably when you think about it , because that shows that there is something in your life that is causing you to dwell on it . As a rule , the younger a person is , the less life insurance costs -LRB- although sometimes turning age 20 will give you access to better rates than you could get as a child -RRB- . And even moderate health conditions can double the rates of what a perfectly healthy person can get . So there is an advantage to locking in your rate for a long time while you are young and healthy . For older persons or those in not so good health , there is never an age like you are at now to take care of this important part of your financial picture .


Input: What Should Be Covered In A Good Health Insurance Plan?

Output: There are many coverages in a good health insurance plan . The most important is too have good major medical benefits that take care of hospital visits and related expenses . Of course , office visits andprescriptionsshould be included since they tend to be utilized the most . Starting in 2014 , `` essential health benefits '' will have to be included in all Exchange -LRB- Marketplace -RRB- plans . This will help standardize policies and ensure they contain important items that are commonly -LRB- sometimes -RRB- used .


Input: Does Renters Insurance Cover Storage?

Output: Yes . Coverage is limited , normally 10 % of the amount for personal property . If the property is moving to a new location it may be covered to the full limit . And it may be covered for the full limit in a new unit . The coverage will also follow if the property has been removed to save it from further damage .


Input: When Did Medicare PPS Start?

Output: Medicare PPS -LRB- Prospective Payment System -RRB- started in 1983 . It was established by the Centers for Medicare and Medicaid Services -LRB- CMS -RRB- as a way of curbing expensive hospital care . PPS is a means of reimbursing hospitals on a casemix adjusted , flat-rate basis . It is used by acute inpatient hospitals , home health agencies , and hospices who participate with Medicare .


Input: What Is Bonus Annuities?

Output: Bonus annuities are annuities that pay a bonus to the contract owner generally as an incentive to start the annuity . This bonus is generally paid as bonus to the interest rate in the first year of the annuity . These benefits can greatly improve yield on the cash in the annuity . Some care should be taken when considering these annuities as they often come with recapture charges if the owner cashes in the annuity within a few years from opening it -LRB- i.e. the bonus will be forfeited -RRB- .


Input: Can I Buy Auto Insurance For A Vehicle Not In My Name?

Output: No , but you can purchase a Named Non-owner policy . This type of policy typically provides liability only coverage . The cost of this type of coverage is typically more costly than if you did own a vehicle . Contact a local agent to find out more about availability and pricing of this type of coverage in your area .


Input: Can I Buy Auto Insurance For A Vehicle Not In My Name?

Output: In CT anyway , in most cases , the insurance needs to match the vehicle 's registration . There are a couple of situations , however , where you as an individual may be able to purchaseinsurance for as auto that is not in your name . For personal insurance , you may be able to obtain `` Named Non Owner '' coverage . This does n't insure the car , but it does provide liability for you while you are driving it . The other situation is for an auto that is titled and registered to a business . If you own a businessthat is set up as a separate entity , namely a Corporation or a Legal Liability Company -LRB- LLC -RRB- for example , then you can and should obtain insurance for that autounder the company name .


Input: Can You Go To Jail For No Auto Insurance?

Output: Great question ! The specific laws of your State and county will let you know for certain . I can tell you that should you be in an accident as an uninsured motorist , especially if there is an injury , it 's a safe bet that you will see some amount of time in an orange jumpsuit . That will be in addition to fines and lawsuits . The bottom line ? It is not worth it to drive uninsured . There are dirt cheap policies that are out there that may not provide the greatest coverage , but can save you from a whole lot of trouble . If you need more information , please contact me , I 'm happy to help . Thanks for asking !


Input: Can You Go To Jail For No Auto Insurance?

Output: In Texas the answer is a big fat `` yes '' because it is against the law to not carry auto insurance but more often the car is towed leaving the driver stranded with a ticket in hand . It is not fair for those that do abide by the law and carry coverage to have to pay the price for those that do n't . Please get some level of insurance with a reputable company that will pay claims such as Allstate , Farmers , Nationwide , State Farm etc


Input: Can You Go To Jail For No Auto Insurance?

Output: Typically , you do not go to jail for not having auto insurance . Assuming there was no bodily injury , your license is likely to be suspended but you should avoid jail time . However , assuming you own a vehicle , there are many cheap options from reputable companies . It 's a good idea to get a free quote . As an experienced broker , we always shop so you can save !


Input: Can You Drive A New Car Without Insurance?

Output: If you currently have existing auto insurance , most insurance companies have a `` grace '' coverage period before you need to tell your agent or the company you brought a new car . I would check with your agent to see if your policy as this feature . If you do n't have insurance , you should get it before you can drive off into the sun set , or rather off the dealership lot .


Input: Would Homeowners Insurance Cover Mold?

Output: Companies do cover mold damage , in many cases , yes , but more likely than not , there will be a specific limit on the coverage provided , usually about $ 10,000.00 . The mold must be of course the result of a covered peril in your Homeowners policy . In other words , if your home develops mold as a result of a flood , there will be no coverage because the cause of loos was the flood which is excluded under a Homeowners policy . You would need Flood Insurance for that .


Input: Can an employer charge higher rates to older employee?

Output: An employer can not discriminate against an employee based upon their age -LRB- among a multitude of other factors -RRB- . However , that does not necessarily mean that an older employee who compares what they are contributing towards their employer based health insurance with a younger co-worker of the same coverage level will find themselves paying the same amount . This may initially be perceived by the older employee as though they are being discriminated against but this is almost certainly not the case . If your employer 's group health insurance rates are age based rates then there is a different rate for each year of age for a covered employee . The community rating requirements of ObamaCare have pushed many health insurance carriers towards this age rated basis though some health insurance carriers still develop a `` composite '' rate for a group after quoting them on an age rated basis -LRB- composite rates are one rate for every employee with Employee Only , Employee + Spouse , Employee + Child -LRB- ren -RRB- or Family coverage regardless of the employee 's age -RRB- . This is how things work under community rating . First of all , there can be no more than a 3 to 1 ratio between the rates for the youngest and oldest employees in the group . To keep things simple let 's say the monthly rate for a 25 year old is $ 200 per month then the monthly rate for a 60 year old would be $ 600 per month . Then let 's say that your employer pays 50 % of the employee only rate which leaves the other 50 % for the employee to pay . Under this scenario the 25 year old 's cost would be $ 100 per month -LRB- $ 200 x 50 % -RRB- and the 60 year old 's share would be $ 300 per month -LRB- $ 600 x 50 % -RRB- . Even though the dollar amount paid by each employee differs significantly the employer is treating them the same in that the employer is contributing the same percentage amount towards each employee 's coverage . Therefore , there is no discrimination . This is one of the effects of ObamaCare that is increasingly being seen by employees as their old health insurance plans and rate structures are being replaced by ObamaCare compliant plans and the new community rating method .


Input: How Do I Cancel A Policy With American Income Life Insurance?

Output: Your policy should have a phone number , physical address , and/or email on it where you can contact American Income Life Insurance to cancel the policy . If you can not reach them that way , simply quit paying your premium and the policy will end one month after the last premium was due .


Input: Can You Deduct Long Term Care Insurance As Self Employed Health Insurance?

Output: Hello , If you are a C Corp. , and pay through your business , 100 % of the LTC premium will be a deduction . If you are any other business form , like an S Corp or LLC , you would obtain the same tax benefits as anyone else , which is a portion of the LTC premium -LRB- depending on your age -RRB- , in conjunction with your other medical expenses , being a write off to the extent that these costs exceed 75 % of your adjusted gross income .


Input: Can You Cash Out Annuities?

Output: You can cash out your annuity and here are some of the ramifications of doing so . If you cash out your annuity -LRB- or surrender the annuity -RRB- and that surrender will trigger an ordinary income tax event on the gain in the policy . If youre under age 59 an additional 10 % penalty will be assessed as well . If the annuity is a non-qualified annuity , the taxable event will only apply to the gain in the contract . If the annuity is a qualified annuity , the taxable event will apply to all the proceeds in the contract .


Input: Can You Cash Out Annuities?

Output: You can cash surrender Annuities however before you do so check with your tax adviser . If you surrender an annuity before age 591/2 you may be penalized . This can be substantial especially if it is a qualified plan . There may also be other tax issues involved . Annuities are designed for long term savings for retirement . While they are a sound safe way to accumulate money on a tax friendly basis , you must follow the rules . Even CD 's have penalties for early withdrawals .


Input: Can You Cash Out Annuities?

Output: A deferred annuity can be surrendered at any time . Surrender charges , which are a percentage of the value of the contract , apply for a term specified in the annuity . Before surrendering an annuity make sure that you understand the tax consequences . If the annuity is an immediate annuity or has started distributing a lifetime stream of income , most companies will not allow the contract to be surrendered


Input: What Is Whole Life Insurance?

Output: Video Transcript : What is whole life ? Whole life is a permanent product that can go all the way out to age 121 . The products that are usually sold today are called ` participating ' . They 're actually returning pieces of the premium you paid , a portion of it , back to you as a dividend . It 's a return of an unused premium . Whole life will give you the coverage that you need for the entire period , usually at minimum to age 100 , and again , out until age 121 . Those dividends , even though they 're not guaranteed , those dividends could be a nice supplemental retirement plan that you can put aside with your qualified plans . Whole life has been around for a long time . If you have a permanent need , whole life should be one of the permanent products that you look at .


Input: Who Regulates Life Insurance?

Output: Here in California , the Insurance Commissioner regulates Life Insurance Companies . If you had a problem with your company , I urge you to report them so it can be made right . New York Life , the company I am an Agent for , has the highest ratings . Please call me for help of any kind . Gary Lane , 949 797 2424 . Thank you .


Input: Who Regulates Life Insurance?

Output: States regulate life insurance companies through insurance commissioners , who generally follow standards set by the NAIC -LRB- National Association of Insurance Commissioners -RRB- . There are a lot of regulations that insurance companies must follow . E.g. they must get approval to even offer certain products in any particular state . This makes insurance companies very reliable and able to pay out when death occurs many years after the policy is taken out .


Input: Who Regulates Life Insurance?

Output: Life insurance is regulated by state insurance departments . These agencies license or certify companies to sell life insurance in their state . And they do so according to their own standards . This means that not every company can sell their products in every state . It also means that not every product from every company would be approved by that state insurance department . Not only that : it means that certain sales procedures , such as the replacement of existing policies , follow different protocols . Your broker must work with his general agent and guide you through these state regulations . There is no federal agency regulating the life insurance industry , and I think that is a good thing . It simply is not needed . Excessive government regulation would only be cumbersome and costly . One reason why federal intervention is not needed is because the industry does a very good job of regulating itself . The National Association of Insurance Commissioners acts to promote industry - wide standards and best practices . The chief insurance regulators from all 50 states , the District of Columbia , and US territories all work together . They coordinate oversight of broker market conduct , consumer protection , and institutional viability . So you have kind of a state-based national system of insurance regulation . Want to learn more ? Review my blog at planrisklive.com .


Input: Does Life Insurance Money Go Into Estate?

Output: One can certainly make the beneficiary their estate . I do not recommend it . The proceeds can be tied up in a probate and in some cases taxed along with assets . It is much cleaner and beneficial to name a beneficiary versus leaving it to an estate . Always seek the advise of a good estate planning attorney in your state .


Input: Does Life Insurance Money Go Into Estate?

Output: Does life insurance money go into an estate ? Well , it can if that 's what the policy owner wants . Most life insurance policies have a stated beneficiary who would receive the proceeds outside of the estate and probate . One seldom thought of aspect of life insurance ownership is that for estate tax purposes the death benefit is valued as an asset for the policy owner . So it is possible for life insurance to be counted as part of an estate unless ownership is elsewhere , like an insurance trust for example .


Input: Does Life Insurance Money Go Into Estate?

Output: One of the benefits of life insurance is a tax free death benefit to the beneficiary . The beneficiary does not have to worry about creditors , probate , and nobody has to know your the one who received the insurance funds . Life insurance is a great addition to your portfolio . Debt and taxes are usually the biggest concerns a family will go through when a love one passes away . But the best thing we can do is prepare for the future . Their are several life insurance products that can give you the best estate planning advantages . Are you thinking about leaving money to a charity , church , grand children , non for profits . Learn about all the tax advantages that are available to you .


Input: Does Life Insurance Money Go Into Estate?

Output: Life insurance will not go into your estate unless you name the estate as beneficiary , or if all of the beneficiaries named on your policy are deceased . Therefore , your policy will not have to go through probate . However , if you are the last spouse to die , and if the proceeds of your policy push the value of your estate over 5.35 million dollars , estate taxes will need to be paid on your estate on the excess over 5.35 M -LRB- in 2014 -RRB- .


Input: Can Diabetics Get Health Insurance?

Output: Yes , the Affordable Care Act guarantees insurability with 2014 Health Insurance Plans regardless of past or present health history or status . Plans can be purchased on or off the federal Health Exchange . Although all 2014 plans have metallic names and contain the Ten Essential Benefits mandated by law , they may differ in terms of deductible , coinsurance , size of network and prescription coverage .


Input: Is It Legal To Require Renters Insurance?

Output: A landlord has the right to protect himself from lawsuit . There are no laws that says he has to require it but there are also no laws that says he cant . By requiring renters insurance the landlord protects himself in the event of being sued for the tenants negligence that causes bodily injury . Yes it is legal .