Input: Can I Qualify For Disability Insurance?

Output: You can qualify for disability insurance if you meet the underwriting criteria from the insurer you are applying with . If you have no major health issues , have verifiable income and means to pay premiums , it is likely you will be approved . A full-time broker will provide the lowest rates and the best information needed to make an informed decision .


Input: Can I Qualify For Disability Insurance?

Output: The first consideration is your health condition to qualify for disability insurance . The next step is to establish earned income . The third is determining the benefit limit for your compensation . Once you are pre-qualified in health , earnings and compensation cap , you should select which tax strategy you qualify for : you can insure up to 60 % of your compensation tax free with nondeductible premiums or insure up to 80 % of your compensation taxable with deductible premiums through a business benefit arrangement .


Input: How Long Does It Take For A Life Insurance Policy To Be Paid Out?

Output: This varies between life insurance companies , but as a rule of thumb , 30 to 60 days after the certificate of death , the published obituary and policy viability is received and confirmed . If death occurs during the first two years of the contract date , known as the contestability period , the due diligence proceeds may take longer .


Input: How Long Does It Take For A Life Insurance Policy To Be Paid Out?

Output: Once a claim is submitted on a life insurance policy , the process takes approximately 10-14 days for the beneficiary to receive the proceeds . It can take longer -LRB- up to 45 days or so -RRB- but based on my 32 years of experience , the time frame is much less . Often it is a lump sum check or a deposit into a money-market fund or checking/savings account . Typically , proceeds are tax free to the beneficiaries . A full-time licensed broker is a great resource for the most accurate information . They are familiar with the process and provide the best options .


Input: How Do I Know How Much To Save For Retirement?

Output: In order to determine how much you need to save for retirement , you first need to define what a successful retirement means to you . The next step is to do a budget to determine what is needed to finance your desired lifestyle . This is a better approach than simply randomly choosing a % of your current income . There are calculators available on many websites to help you determine how much you will need to save to generate a specific retirement income . Given the complexity of retirement planning though , you would be best served working with a financial or retirement planner . There are resources and additional information on Retirement Planning on my website , www.jpw.ca . It includes a Retirement Planning Checklist that will save you time and money . If you have any further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: Can Felons Get Life Insurance?

Output: Most felons can get life insurance . They type of policy and the premiums they will pay will depend on when the felony was committed , whether the felon is still on parole , and even the age of the person who committed the felony . You need to contact an impaired risk agent who can shop multiple carriers for you to find coverage at the lowest possible price .


Input: Can Felons Get Life Insurance?

Output: Can felons get life insurance ? Short answer : yes . However there are hurdles to clear . Some providers wo n't issue to a felon at all . Some will , but only after the felon has finished their parole . Generally it will be required that the felon has maintained employment for a minimum amount of time . And it can be a help if there are circumstances that show that the felon has most likely adopted a law abiding , low risk lifestyle .


Input: Can Felons Get Life Insurance?

Output: A felon will probably be declined by a life insurance company for a period of time after their release . There are , however , companies that write policies with very limited underwriting and some that issue policies without any underwriting . These policies are more expensive and may have restrictions on the death benefit . They would provide an alternative for a felon .


Input: Can Felons Get Life Insurance?

Output: You should be able to secure guaranteed issue life insurance within the age limitations of the product . You should also be able to secure accidental death insurance , which covers only accidents . You may be able to secure life insurance once youre free from incarceration and parole . Not every life insurance application addresses former felonies , so select judiciously .


Input: How Much Is Life Insurance For Soldiers?

Output: Life Insurance for soldiers -LRB- SGLI -RRB- costs 6.5 cents per month per $ 1,000 of coverage at the current time -LRB- June , 2013 -RRB- . To calculate that , you take the number of thousands of dollars of coverage you are receiving -LRB- soldiers are automatically enrolled for $ 400,000 -RRB- times that factor . 400 times 6.5 cents comes to $ 26/month . With the TSGI protection added for $ 1/month , the total premium comes to $ 27/month . Keep in mind that , under current VA benefits there is no time when you will be able to convert that Term policy to Permanent insurance , or buy a Permanent policy , through the Veterans Administration . So while that is a very reasonable price for $ 400,000 of life insurance , it is a good idea to get a private permanent policy on the side while young and healthy enough to get a good rate .


Input: How Much Is Life Insurance For Soldiers?

Output: Private life insurance is available to service personnel . If a company decides that soldiers make poor risks they will include war exclusion . I am not aware of companies including war exclusion currently . The price though will be the same as anyone in the same age group with the same medical profile . Actually you may find that because of the vigorous lifestyle that a soldier might qualify for preferred rates .


Input: What Is Earned Income For Roth IRA?

Output: Earned income comes from the IRS regulations as a qualifier for being able to contribute to a Roth IRA . It means you must earn compensation through work you have performed for your efforts in one form or another . There are two ways to receive earned income : 1 -RRB- Work for someone who pays you -LRB- you 'll receive a W-2 -RRB- 2 -RRB- You own or operate a business or farm -LRB- Schedule C will be filed with your tax return -RRB- The IRS defines earned income as wages , salary , tips and other taxable employee pay ; Union strike benefits ; Long-term disability benefits received prior to minimum retirement age ; net earnings from self-employment if you own or operate your own farm or business ; income as a minister or member of a religious order or a statutory employee and have income . There are plenty of categories that are not counted as earned income . Here are examples of income that are NOT considered earned income : Interest and dividends , retirement income , Social Security benefits , Unemployment benefits , alimony , child support , pay received while an inmate in a penal institution . The bottom line is the IRS wants to make sure you are performing work that will ultimately get them more tax revenue before they will let you pour more money into a tax deferred or tax exempt vehicle .


Input: When Did Employers Start Offering Health Insurance?

Output: How Employer Health Insurance started ? 1920-1930 : The Rising Price of Medical Care In 1929 two doctors Ross and Loos formed Ross Loos Clinic to provide medical care for 2,000 employees of the water department of Los Angeles for $ 1 per month per employee . Ross Loos grew to 29 locations in LA to provide medical care for city employees at a fixed cost per month whether they visited the doctor or not . The precursor to Blue Cross was founded in 1929 by a group of Dallas teachers who contracted with Baylor University Hospital to provide 21 days of hospitalization for a fixed $ 6.00 payment . The Baylor plan developed as a way to ensure that people paid their bills . 1930-1940 : The Birth of Blue Cross and Blue Shield Pre-paid hospital service plans grew over the course of the Great Depression . Pre-paid hospital care was mutually advantageous to both subscribers and hospitals during the early 1930s , when consumers and hospitals suffered from falling incomes . The AHA designed the Blue Cross guidelines so as to reduce price competition among hospitals . Prepayment plans seeking the Blue Cross designation had to provide subscribers with free choice of physician and hospital , a requirement that eliminated single-hospital plans from consideration . Despite the success of Blue Cross and pre-paid hospitalization policies , physicians were much slower in providing pre-paid care . Blue Cross and Blue Shield developed separately , with little coordination between them . Physicians worried that a third-party system of payment would lower their incomes by interfering with the physician-patient relationship and restricting the ability of physicians to price discriminate . In the 1930s , physicians were faced with two situations that spurred them to develop their own pre-paid plans . Blue Cross plans were becoming popular , and some physicians feared that hospitals would move into the realm of providing insurance for physician services , thus limiting physician autonomy . Advocates of compulsory health insurance looked to the emerging social security legislation as a logical means of providing national health care . Physicians began to organize a framework for pre-paid plans that covered physician services . In 1939 , the California Physicians ' Service -LRB- CPS -RRB- began to operate as the first prepayment plan designed to cover physicians ' services . Open to employees earning less than $ 3,000 annually CPS provided physicians ' services to employee groups for the fee of $ 1.70 per month for employees . The AMA encouraged state and local medical societies to form their own prepayment plans . These physician-sponsored plans ultimately affiliated and became known as Blue Shield in 1946 . Blue Shield plans offered medical and surgical benefits for hospitalized members . Doctors charged patients who were subscribers to Blue Shield the difference between their actual charges and the amount for which they were reimbursed by Blue Shield The market for health insurance exploded in size in the 1940s , growing from a total enrollment of 20 million in 1940 to nearly 142 million in 1950 . During WWII there was a wage freeze however the Federal government permitted employees to provide benefits instead of wages . Companies began offering health insurance to employees and the employer sponsored health insurance market exploded .


Input: Can You Get An Insurance Quote Without A Car?

Output: If you do not currently have a car , but are in the market for buying one , then you can certainly contact a local Insurance Professional and obtain a quote based upon your situation and the particular car or cars you are interested in buying . Undersntand that in many cases , because you do not currently have car insurance , you may pay a bit more for the first term because many companies require you to have at least 6 months of continuous coverage in order to be a qualifier for more preferred rates .


Input: How Long Does Health Insurance Last After Quitting Your Job?

Output: Your employer health insurance plan can stop at any time after you quit your job . It depends on how the plan summary is written . Some plan benefits cease the last day you work . Others continue through the end of the month and some continue for 30 - 90 days . Check your policy or ask HR how your plan works . If you exercise your COBRA options you can keep your group plan for up to 18 months in most situations .


Input: Is Disability Insurance A Business Deduction?

Output: The basic rule of thumb about tax deductibility on disability insurance premiums for a business boils down to one thing . The business can deduct for premiums paid on the employees but not the owner . The exception is if the business is incorporated and the owner is considered an employee of the business . Then yes all premiums will be tax deductible , but any paid benefits will be taxed as ordinary income .


Input: Is Disability Insurance A Business Deduction?

Output: There are rules that the Internal Revenue Service use in the business expensing or tax destructibility of disability insurance premiums . If your business meets those requirements , you may deduct disability insurance premiums . But keep in mind that any benefit distributions are taxable at ordinary income tax rates at the effective tax bracket of the policy owner .


Input: Why Should You Get Disability Insurance?

Output: The reality is that 1 in 3 Americans between ages 35 and 65 will become disabled for more than 90 days during their working career . People are quick to think , `` I have an office job -- I wo n't get injured . '' But what they fail to realize is that 90 % of disabilities are caused by sickness , not injuries . If you became disabled and could no longer work , it 's likely that your savings would n't go too far -LRB- average American savings are 3-6 months worth of salary -RRB- . Prepare yourself and protect your number one asset !


Input: Why Should You Get Disability Insurance?

Output: You should get Disability Insurance so that you can receive income if you were to become disabled . Short Term Disability pays income to the insured person when they suffer disabilities that last from a few weeks to a couple of years . Long Term Disability pays income to the insured person when disabled by conditions that last from a few months to permanent disability .


Input: What Is The Oklahoma Law On Domestic Partner And Health Insurance?

Output: This is partially a legal question not an insurance question , as I am not an attorney you should seek legal council for the LAW on this topic . To my knowledge Oklahoma is not a State that recognizes Common Law Marriage or Domestic Partnership . At this time it is up to the individual employer if they want to include this coverage . As far as I know there is no mandate to force employers or insurance companies to provide coverage for either Common Law or Domestic Partnership at this time .


Input: What Does AER Mean In Annuities?

Output: There is a journal called , `` The American Economic Review '' published by the American Economic that has been in existence since 1911 . This journal often writes about annuities , and the reference to the article will look something like this : aer .98.2.418 . That is the only AER that I can find referring to annuities .


Input: How Can I Sell My Term Life Insurance Policy?

Output: You would need to start by contacting a life insurance agent who can assist you in being evaluated for a life settlement . I say contact an insurance agent because he/she may have other options to help you reach your goals or free up some extra cash -LRB- e.g. reducing the face amount -RRB- . If a life settlement does appear to be the best choice , you will be evaluated for life expectancy , and your policy will be evaluated for features that make it desirable to viatical investors . Life settlements work the opposite of life insurance : the shorter it appears you have left to live , the more money your policy is potentially worth to investors . Term policy has no cash value , so investors will only be interested in a policy that has more years left than you are expected to live , and/or is able to be converted to a permanent policy .


Input: How Can I Sell My Term Life Insurance Policy?

Output: There are investors who specialize in viatical settlements . Viatical settlement is the sale of a life insurance policy to a third party . Viatical settlements started as a way for people with life threatening conditions to get money quickly . Check your policy for an accelerated death benefit which may advance the policy death benefit if declared terminally ill . Term life insurance has no cash value , which is why it is not sold .


Input: How Can I Sell My Term Life Insurance Policy?

Output: Term life insurance policies can not be sold . The process of selling a life insurance policy is known as a viatical settlment and can only be done on permanent insurance policies -LRB- universal life and whole life -RRB- . Please note , you should consult with your agent before selling any life insurance policy to another party to review the after effect/consequences , tax issues , etc. of this type of sale . If you need any assistance with your coverage , please do n't hesitate to contact me . I hope the information is helpful - thanks very much .


Input: How Much Homeowners Insurance Is Required?

Output: Typically at minimum you should have enough coverage to match the amount paid for the premise . I would never recommend the minimum amount of insurance coverage to anyone for any property . Having the bare minimum amount of coverage may save you some money in the short run , but could leave you and your family financially exposed in the event of an accident .


Input: Can You Get Health Insurance For A Month?

Output: Yes you can . It is called Short Term Medical -LRB- STM -RRB- and it is available in most states . It allows you to purchase a STM policy for , usually , up to 6 months . After that you can usually apply for 6 more months if you still qualify . You can choose a plan for a little as 30 days and you can not have other insurance in place during the time you will have your STM in place . STM does not cover pre-existing conditions . It only covers you for what happens from the date your plan starts to the date your plan ends and therefore it costs a lot less than a traditional plan . Remember they do not have to renew your plan if you ended up using your plan for something significant , health wise . STM is a great plan for healthy adults whom have 6 months left before turning 65 . It has saved a lot of my healthy clients money during those 6 months before Medicare kicks in . It 's a great plan for those in between jobs who ca n't afford the high cost of COBRA and for those whom start a new job and have a 30-60 day waiting period before their new companies insurance kicks in . Remember , it does NOT cover pre-existing such as a hernia you got diagnosed over a year ago but did n't do something about then that ruptures during your STM plan period . I just signed up a 21 year old for one month in Oregon and the cost for a $ 500 deductible , 80/20 plan was only $ 60 including the $ 20 one time enrollment fee . You can view a few plan options here for Oregon and Assurant , which is available in most States . www.coveroregon.cc Click on Products at the top of the page and then scroll down and on the right hand side it will say Short Term Medical ; to give you an idea of rates . Make sure to click on Assurant for rates outside of Oregon . Short Term Medical is a great option for those whom did not sign up during Open Enrollment and are healthy , just looking to be protected from an accident , emergency room visit , unexpected illness , spider bite , etc. .


Input: Does Obama Care Require Everyone To Have Health Insurance?

Output: Under the Affordable Care Act , everyone must have some sort of creditable coverage or pay a penalty that will be assessed by the IRS . Because the Affordable Care Act eliminates pre-existing conditions and provides subsidies , it is necessary for all to be required to have health insurance in order to help keep rates down as low as possible .


Input: Does Homeowners Insurance Cover A Shed?

Output: In many cases , Homeowners ' Insurance policies will extend coverage to other structures on your property and this would include a shed . As your Insurance Professional about this coverage in your policy and about any limitations that may be involved . Usually the coverage is limited to 10 % of the current dwelling amount and of course subject to your property deductible .


Input: Does Homeowners Insurance Cover A Shed?

Output: Most policies cover other structures including a shed , garage or barn for the same perils as the home . The amount of coverage is usually around 10 % of the dwelling , so a home insured for $ 100,000 would have coverage on the shed of about $ 10,000 . Evey company has minor differences so make sure you check you policy or ask your agent to review the particulars of your policy .


Input: Is Global Life Insurance Good?

Output: Globe life 's big pitch is to get up to $ 50,000 of coverage for $ 1 . Sounds great right ? That 's only for the first month - after that you 're paying normal premium amounts . One of the programs they are famous for with this pitch is their `` final expense '' coverage . In actuality it 's age-banded term insurance going to age 90 . Age-banded term insurance can be cheaper up front for the first few years than a traditional level premium life insurance policy , but they become very expensive if you plan on keeping it long term . In short , you can end up spending a ton more in premiums over a 15-20 year period than you would have with a level premium policy . The major drawback that a lot of people never think about is the `` to age 90 '' part . This means that if you live to age 91 , your coverage terminates immediately and you have nothing left . And at age 91 , there are n't any carriers that will offer you life insurance -LRB- for any that would be , you would be self-insured within 3-4 years -RRB- . You would have to look at preneed funeral insurance at that point . Traditional final expense policies are guaranteed for LIFE . I imagine you would like your policy to pay out a death benefit even if you live to age 92 , 95 , 98 , etc. . . When it comes to final expense life insurance , I already recommend going with a traditional policy that features a level premium . It 's almost always the better bet in the long run . There 's many different products out there for final expense coverage so it would be in your best interest to consult with an experienced life insurance broker who can compare multiple options for you and find you the coverage at the lowest rate . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Is Global Life Insurance Good?

Output: Globe Life is well known to people looking for smaller amounts of coverage , generally up to $ 50,000 , and are well known for charging $ 1 for the first month 's premium . They offer a term insurance product that increases in cost as the insured gets older . The problem with this type of coverage is that it becomes extremely costly , and not affordable for most people that need smaller amounts of coverage .


Input: Medicare Pays For What Percentage Of Covered Charges?

Output: Original Medicare Part A , which covers hospitalization , has a deductible of $ 1184 . Original Medicare Part B , which covers out-of-hospital services , generally covers 80 % . You can get these gaps in coverage filled by purchasing a medicare supplement -LRB- PPO -RRB- or a Medicare Advantage Plan -LRB- HMO -RRB- . The Medicare Advantage Plans are generally much more affordable , and often free ! Also remember that Original Medicare does not cover drugs , so you 'd have to get that coverage through a Medicare Supplement or Advantage Plan as well .


Input: Medicare Pays For What Percentage Of Covered Charges?

Output: In short , Original Medicare -LRB- Parts A & B -RRB- pay for approximately 80 % of your healthcare expenses - Part A is your hospital insurance and Part B is your physician insurance . The deductible for Part A in 2014 is $ 1,216 - $ 147 deductible for Part B . You are responsible for the other 20 % of your health care expenses . You can cover all or some of these expenses by securing a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- or a Medicare advantage plan . You MUST keep paying your premiums for your Original Medicare coverage under either scenario . Please note , Original Medicare does not cover prescription drugs . If you want to add prescription drug coverage , you 'll need to secure either a Medicare Advantage plan that includes drug coverage -LRB- MAPD plan -RRB- or a separate stand-alone part D prescription plan .


Input: How Does A Life Insurance Company Make Money?

Output: Life insurance companies make money by investing in various assets , predominately investment grade government bonds . They target a profit margin and depending upon the product line , credit the policy accordingly . For consumers with permanent life insurance policies , the companies 5 year net yield on investment is a critical component to review before purchasing a policy .


Input: What Happens If I Die Without Life Insurance?

Output: There are three basic people groups that may suffer economic loss at your demise based on your financial liabilities , future obligations and charitable organizations that depend on your contributions : family members , business partners and non profit organizations . Those three people groups constitute your potential beneficiaries . Purchasing life insurance is a stewardship issue of the highest financial commitment .


Input: What Happens If I Die Without Life Insurance?

Output: If you die without life insurance , your family or friends will figure out how to take care of your funeral and settle your estate . They nearly always do . The difference is that life insurance makes it a lot easier . Life insurance money if provided relatively quickly , is not taxed , and does not go through probate . That enables your loved ones to pay your funeral bill -LRB- sometimes getting a discount for quick payment -RRB- , make regular payments due on your rent or car payment or utilities or other bills , and not have to worry about passing the hat or putting someone in a hard place until your estate is settled . People die without life insurance every day . You do n't have to .


Input: Can I Get Car Insurance Without My Husband?

Output: Odds are here in Connecticut , that might be tough . There may be companies that might allow such an arrangement , but I suspect they would be few and far between . In many cases , you might have to actually exclude him from any coverage provided by your policy . Others may not be so strict . Talk to your Insurance Professional about your situation to receive the best advice about how to try to handle this .


Input: Can I Get Car Insurance Without My Husband?

Output: Yes , it is possible ; but is typically frowned upon . Typically you are able to secure better rates by having both husband and wife on the same policy . If your husband secures auto insurance on his own then it would be possible for you to do the same . Not all carriers will allow this though . Contact a local agent to discuss your coverage needs and pricing in your area .


Input: When Must An Employer Offer Health Insurance?

Output: Employers and business owners with more than 50 full time employees are required under Obamacare mandates to offer `` affordable '' health insurance to their full time employees starting in 2014 . Many employers will be reducing their work force , or converting as many full time jobs to part time work as possible in order to avoid paying the penalty tax .


Input: How Much Is Car Insurance In NY?

Output: Car insurance rates in New York are determined by many variables . Some of the most important factors are your driving record -LRB- including other family members -RRB- , your zip code or county , your age , the type of vehicle you drive , your credit history , how the vehicle is used and the types of coverage you carry . Additionally , the company you are insured with plays a big role in determining the rates . So ... how do you get a free quote for car insurance in New York ? A reputable nationwide -LRB- or New York based -RRB- car insurance website will zoom -LRB- pun intended -RRB- you to your destination . Typically , you can compare the best offers and get expert advice at no cost .


Input: Can People Under 65 Get Medicare?

Output: A person under 65 can qualify for Medicare if they are receiving Social Security Disability Benefits for a two year period . At that point the will qualify for Medicare . Medicare will usually automatically enroll you when you qualify . Otherwise , the answer to your question is no , a person can not get Medicare under the age of 65 .


Input: How Old Do You Need To Be For Medicare?

Output: You normally need to be age 65 to get Medicare . You are automatically enrolled in Medicare at age 65 if you or your spouse has paid Medicare taxes for at least 40 quarters . You can get Medicare under age 65 if you have received Social Security Disability benefits for 24 months , are disabled and have ALS , or have worked for a government job long enough to qualify for Social Security Disability benefits . You might also qualify under age 65 if your partner has died or you are divorced from a partner who qualified for Medicare , or if you have received a kidney transplant or dialysis , in some situations .


Input: About How Much Does Home Insurance Cost?

Output: An article on Yahoo this morning May 10 , 2013suggested the average homeowners policy is now north of $ 1000 with double digit increases expected . But this is a big country with different weather related risks in different areas . And folks have vastly different needs and wants when it comes to insuring your home . For a realistic idea of your specific cost you will need to spend a few minutes with your local insurance professional .


Input: Does Adhd Affect Life Insurance?

Output: Unfortunately , ADHD does affect life insurance rates , but the impact is lessened if one 's attention deficit hyperactivity disorder is well controlled and stable for at least a year . As a child , ADHD might cause the child to be postponed from getting life insurance until an adult . As an adult , showing stability in one 's work history and consistency in treatment can help obtain a Standard or better rating .


Input: Does Geico Offer Home Insurance?

Output: Geico acts as both an insurance company and an insurance agency for other insurance carriers . Although Geico is known for their Direct Auto Insurance Policies , Geico Home Insurance is offered by Stillwater Insurance Group . There is a link providing an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK


Input: Does Health Insurance Cover Contact Lenses?

Output: Most health insurance plans will cover disease related conditions that may affect your vision . For example , an ocular nevus is a melanoma of the eye , and would be covered . Corrective lenses are rarely covered , as poor vision is not disease related . Contact lenses for adults are therefore rarely covered by health insurance . The Affordable Care Act does stipulate that vision services for children be included as an essential health benefit .


Input: Is Car Insurance Required In NH?

Output: Auto liability insurance is required in every state and NH is no exception . Also , keep in mind that minimum state limits while they will result in the cheapest premium might not be enough protection . An accident that causes an injury can very easily reach into the $ 200,000 + range and if you only have $ 100,000 of coverage you would be liable for the rest of the damages . Especially if you are homeowner or have any other assets of value you should really consider $ 250,000 / $ 500,000 limits on your auto with a $ 1 million umbrella .


Input: Is Psychiatry Covered By Health Insurance?

Output: Most group insurance plans and some individual major medical plans include psychiatric benefits . Your plan may have limits on the number of outpatient visits , a deductible or waiting period may apply before the plan pays . There are generally limits on inpatient stays as well . Consult your policy for more detail .


Input: When Is Whole Life Insurance A Good Idea?

Output: Participating whole life insurance is a mortality product designed to offer a guaranteed death benefit coverage for a guaranteed premium until the policy maturity date . Most advisers feel they can achieve the same guarantees with guaranteed universal life insurance for less premium . But on a positive note , participating whole life insurance can be used as a long term conservative savings plan with a maximum term and paid up additions rider .


Input: Can Disability Insurance Be Deducted?

Output: Depending on how a business expenses items for it 's employees , disability insurance premium may be able to be tax deductible . Keep in mind that if a business deducts the disability insurance premium , that benefits generated during times of disability are taxable as ordinary income at the effective tax bracket rate .


Input: What Are Qualifying Events For Health Insurance In North Dakota?

Output: Qualifying Events for health insurance can grant special enrollment periods - situations that would allow you to sign up for a health insurance plan outside of the annual enrollment periods . To qualify for a special enrollment period , you must have a `` life-changing event . Qualifying events include : 1 -RRB- Getting married 2 -RRB- Having a child 3 -RRB- Adopting a child/Fostering a child 4 -RRB- Becoming a U.S. citizen 5 -RRB- Moving out of your current coverage 's service area 6 -RRB- Losing your existing health insurance under certain conditions including : - Loss of group coverage through your employer - Your COBRA coverage expired - You get divorced - You come off your parent 's group coverage - Your plan was terminated by the carrier - You lose your Medicaid eligibility , CHIP eligibility , or similar situation Please note , voluntarily terminating your existing coverage or your coverage was terminated by the carrier because you did n't pay your premiums are NOT considered qualifying events for a special enrollment period . I hope the information is helpful - please feel free to contact me for help and if you have any questions . Thanks very much .


Input: What Are Qualifying Events For Health Insurance In North Dakota?

Output: That is a great question ! The best thing to do is go to the Affordable Care Act -LRB- Obamacare -RRB- website , www.healthcare.gov and walk through the questions to see if you qualify . Start by entering your zip code and county , and follow the very simple prompts . It will tell you if you qualify for a policy . There are several qualifying events - gaining or losing a spouse or child , losing a job or income , moving out of a previously covered area , losing your coverage , even gaining citizenship or being released from incarceration . Give it a shot , and if you need help , feel free to click on my profile and contact me , I 'd be happy to walk through it with you . Good luck , and thanks for asking !


Input: How Much Does Renters Insurance Typically Cost?

Output: The cost of renters insurance is going to depend on several variables including location , limit of personal property , liability limits , deductible selected , whether or not you opt for ` replacement cost ' coverage , and the insurer that you purchase through . Some carriers may use credit history as a rating variable as well .


Input: How Much Does Renters Insurance Typically Cost?

Output: In Montana the average rate is 10 to 15 a month with 30,000 to 40,000 worth of contents coverage with full replacement cost . Liability limits of 50,000 to 300,000 I use many carriers and most are fairy inexpensive depending on what your contents value is and the liability limits . I would recommend you contact a local agent to help determine what you contents are valued at and also compare rates for you with and independent agent so they can compare with many carriers for you .


Input: Can I Get Disability Insurance If I Have A Stent?

Output: Can you get disability insurance with a stent ? While anything is possible , chances are no or the premium will say no for you . In my 25 + years of insurance I have found disability insurance to be the hardest underwriting to get through . Most people do not consider disability insurance until after they 've had a health set back where they realize it would be nice to have income coming in while off work . Unfortunately , usually what ever kept them from work before , will keep them from getting a good priced disability policy .


Input: Can I Get Disability Insurance If I Have A Stent?

Output: Yes , it is possible that some people with stents are still able to get disability insurance ; however , they are almost certainly going to receive a cardio-vascular exclusion . The only company I personally know of that will quote someone with a stent is Petersen International -LRB- Lloyds of London -RRB- , but theyd still need to make sure there arent other serious health issues , and , of course , this is all under the assumption that you only have one stent .


Input: Which Auto Insurance Is Best In Mississippi?

Output: No one auto insurer has the best product for all people all the time . And auto insurance carriers have varying appetites for risk that varies greatly on a regional basis . Therefore no one can categorically declare one auto insurer best for all residents of one state . Your best bet is to seek out the guidance of an agent who is licensed to write auto insurance in your state and have him or her show you numerous quotes for auto insurance so you can determine which is best for you .


Input: Is It A Law To Have Car Insurance In Wisconsin?

Output: Auto insurance is mandatory in the state of Wisconsin under the financial responsibility act . This requires all drivers in the state of Wisconsin to care a minimum 25/50/10 coverages and uninsured motorist coverage of 25/50 . If you are pulled over by the police and are unable to provide proof of insurance you will more than likely be issued a ticket .


Input: How Long Does A Home Insurance Claim Stay On Your Record?

Output: Insurance companies usually review your claim history for the past 3 years but some companies are now looking back 5 years . Your rate and eligibility are determined based on the type of claim you had and the amount paid out . It 's a tough market for home insurance right now especially with all the catastrophes we 've experienced in the last two years . It 's always best to talk to your agent first before filing a small claim .


Input: How Much Is Personal Disability Insurance?

Output: Pricing will vary depending on factors like the amount of time you want coverage for ; three , six ortwelve months . Another factor is the level of income you want per month . For instanceyou canrecieve $ 1500 per month fortwelve months through US Health Advisorsthe amount would be $ 39 per month . Hope this helps .


Input: Where To Get Travel Health Insurance?

Output: That 's a great question ! There are several companies out there that will help you with a policy when travelling . You are wise to consider it ! Before you sign on the dotted line for lost baggage or trip cancellation riders , check with your airline as their add on fee for insurance may be cheaper than the rider may be . It may also be covered by your credit card agreement . A good place to look ? WEBSITELINK is a favorite . Have a great trip , and thanks for asking !


Input: Where To Get Travel Health Insurance?

Output: Yours is an excellent question as many people do not realize that many group and individual health insurance policies do not cover them outside of the USA . There are specialized policies available to cover you when you are travelling outside the country . You should contact an insurance agent to explain your needs and to assist you in finding the policy best suited to your needs . Taking a cruise or travelling through Europe for a few weeks can be an entirely different situation than perhaps planning to be away for months or perhaps years on an overseas contracting assignment or religious or charitable mission trip . Also , your place of destination may be an important factor , working in Switzerland for a year is a totally different situation than volunteering to go to Syria or Afghanistan . If you need help with this need please feel free to contact me .


Input: Who Has The Best Disability Insurance In Minnesota?

Output: There is a company called `` Illinois Mutual '' that has a great Disability policy that gives you the option of the Return of Premium Rider . This is an important rider to look for that will give you all the money you paid into the policy back to you if you never have to make a claim . I am in MN and would love to help . Brad @ 651.300.0788


Input: Who Has The Best Disability Insurance In Minnesota?

Output: There is no one disability insurance plan that is best for everyone , whether in Minnesota or any other state . The type of policy that is best for someone who works construction will be different than the type of disability insurance policy a doctor would purchase . And health conditions can limit the plans from which to choose , as well as the features the applicant desires . To find the best disability insurance plan for you , contact a DI broker in Minnesota to go over the choice with you .


Input: How Important Is Long Term Disability Insurance?

Output: Long Term Disability Insurance is very important for most people . There are many reasons a person can become disabled for months , years , or permanently . These include back problems , chemotherapy , emphysema , heart problems , arthritis , complications of diabetes , injuries that require rehab , kidney dialysis , MS , and more . Being temporarily or permanently disabled is not only hard on that person 's body and mind , it is also hard on his/her pocketbook . At the same time that expenses are adding up , being unable to draw a paycheck can be catastrophic . Long Term Disability Insurance pays the disabled person a regular paycheck while he/she is unable to work . There are different features and waiting periods offered , which allow you to adjust your policy to be as expensive or inexpensive as you want . It is important enough to look into , and any of us on this forum who sell it would be happy to help .


Input: Can My Employer Take Out Life Insurance On Me?

Output: Yes , many businesses do take out insurance on their employees . The coverage is paid by the employer . Upon the employee 's retirement the benefits are paid to the beneficiary in time of death . There are coverages in the event of a lead employee or corporate head dies suddenly the company get the benefits to cover costs related .


Input: Can My Employer Take Out Life Insurance On Me?

Output: Corporate owned life insurance -LRB- COLI -RRB- has been used for many years , but it 's purpose has fluctuated over the years . It began , and mainly is now , as a way to provide necessary funding to a business when a key employee died . The death benefit allows the employer to recoup some of the loss of earnings incurred when a productive employee dies , and provides funds for recruiting and training a replacement . For some years , it was a popular practice for an employer to take out life insurance on all employees . Because it covered even the most low paying jobs , this type of insurance was dubbed the nickname , `` dead peasant 's life insurance '' . However , tax advantages have been tightened up on COLI , and now employees must give their consent for their employer to take out this type of policy on them . So taking out life insurance on all employees is not as popular as it used to be . The answer to your question is , yes , your employer can take out life insurance on you , IF you give your consent .


Input: Can My Employer Take Out Life Insurance On Me?

Output: Yep . Are you a key employee ? Perhaps you are an executive with a high level of responsibility . Perhaps you are a technician with specialized expertise . Perhaps you are a sales person who brings in a significant amount of revenue . In all these cases , your loss would probably create big problems for your employer . Employees might lose morale . Clients might fear an interruption in service . Vendors might worry about getting paid . But if your employer had life insurance on you , then they would collect sufficient money to keep moving forward . To get everybody paid . To continue service . To hire a capable replacement . Many businesses fall apart because the key person tragically dies , and they can not recoup from his or her loss . However : with sufficient life insurance coverage , the show can and will go on .


Input: Can I Put My Brother On My Car Insurance?

Output: Auto insurance is on the automobile not the driver . The automobile is linked to the household of the primary insured and in California the policy is a family policy covering all members of the household . If your brother is in the household you dont need to add him , he is already included . You should notify your insurance company that your brother is in the household . If he is not in your household he may operate your vehicle since coverage follows the vehicle .


Input: Can A Spouse Drop Health Insurance?

Output: Is this a private policy or employer provided insurance ? If it is a private policy , a policy can be by the owner at any time . If you have a family plan and wish to take your wife off the policy , you may have to get a new policy rather than being able to change your current one . If the insurance is employer-provided , during open enrollment , policies can be changed . In the middle of the plan year , a qualifying event such as marriage , divorce , birth , or change of jobs is the only time a policy can be changed .


Input: Can A Spouse Drop Health Insurance?

Output: The controlliong factor is who is the listed as the owner of the policy . If she is then the answer is yes . On the other hand , I know how we men are in that we leave the chore of paying the bills to our wife and then when she goofs we throw our temper tantrum . From the insurance company view point they just want the premium paid . Was the premium paid-yes , or no .


Input: Who Offers The Best Whole Life Insurance?

Output: The best whole life insurance is the policy that you have in force at the time of your death . That policy is normally sold by a licensed life insurance agent . The agent is a person who will listen carefully to you , provide sound financial advice and communicate clearly with you and the insurance company . The best whole life policy is the one that meets your needs .


Input: Need help on Education Fund for Grandchild

Output: Funding a college education can be very expensive . Grandparents can help . The money that the grandparent saves should be in their name , not the students , unless you are using a Section 529 plan . The contributions that a grandparent makes to the childs education should be delayed until the final year of undergraduate education ; otherwise it is included in the Expected Family Contribution as determined from the FAFSA form . An annuity is a good way to accumulate these funds . One of the grandparents should be the annuitant .


Input: Need help on Education Fund for Grandchild

Output: Yes , there are different investment choices for you that I specialize in . As for annuities is taxable at withdrawal . You can invest them in another type of life policy that can accumulate cash value . Also as for the child there are options like 529 college plans . Also life insurance to give you this investment option . In other words you may make a full investment instead of using annuities and at your age get a better plan designed to protect your as estate and have income for your grandchildren .


Input: Need help on Education Fund for Grandchild

Output: While Annuities are Tax-Deferred , any withdrawal of the gain inside is taxed as income . So the first portion of the withdrawn funds will be subject to income tax . But your major problem is that it is likely that the mother will not be over 59 1/2 by the time the child goes to college . Annuities are subject to a 10 % penalty tax if the owner accesses it before age 59 1/2 . So on top of the income tax there will most likely be an extra 10 % tax added on . If you want to use an Annuity it is best to have the Grandparents as the Owners . You can do joint ownership between the grandfather/grandmother , or you could just have one as the Owner and the other as the beneficiary . Assuming that the grandparents are still living when the child goes to college , this would eliminate the 10 % penalty . But , you might want to look into a Permanent Life Insurance policy that builds Cash Value . The Cash Value will grow tax-deferred and can be accessed tax-free . If you take it out on the life of the parents , it would provide an extra layer of protection for the childs education . And you can expect 3 % -4 % growth if the policy is designed properly . Feel free to contact me at my website WEBSITELINK if you would like more info .


Input: How Much Is An Average Car Insurance Payment?

Output: On average my clients pay about $ 700 per year for auto insurance . That really doesnt tell you anything . In California the rating factors are the year , make and model of the vehicle , and the annual mileage . This information is married to the household where the primary insured lives and includes the age , experience and driving records of all the drivers in the household . If there are multiple vehicles drivers are assigned by underwriting rules to determine the premium . The customer can then qualify for various discounts until a final premium is determined .


Input: Can You Cancel Your Auto Insurance At Any Time?

Output: An Auto insurance policy may be cancelled at anytime . Mostinsurancecarries pro rate a cancellation request , however always double check with the insurance carrier first as there may be potential short rate cancellation fees . This can range either by carrier or how long a policy has beenin-forcewith the company .


Input: What Are The Best Medigap Plans In 2013?

Output: The simple answer is , the best plan is the one that fits your needs and budget . Each Modernized Medigap plan is unique . Every carrier offers plan F. Most will offer a choice of half a dozen or so . In my opinion you should only seriously consider D , F , G , N and Hi F . The other plans do n't offer enough value to even be considered . Plan D is popular in some states but not in others . There are minor differences in D and G. Assuming you have moved beyond considering F , compare pricing and benefits of these two plans . Plan F is popular in most states , mostly because it is the one promoted heavily by carriers and agents . There is a reason for that . Plan F is the easiest to explain , but it also has the highest premium which means agents pushing plan F may be motivated more by what it does for them vs. considering your needs . Roughly 90 % of my clients opt for plan G . The value is obvious and the premium savings can be dramatic when compared to plan F. Plans N and Hi F are most often considered by those on a tight budget and those who do not want to give up the freedom to choose any doctor . All plans with the same letter are identical in every way ... except for the premium you pay . When you pay more you do n't get more , you simply paid too much . #GeorgiaMedicarePlans


Input: Does Obamacare Hurt Medicare?

Output: Great question ! Unfortunately the answer is still kind of fuzzy . Depending upon who you listen to , it is either the death of medicare , or its best friend . The Government gave states the option of adding medicare coverage for millions of seniors who fell into the cracks , and offered to pay for a significant portion of it . Some states added it , and there were seniors who were finally able to get medicare , other states had different ideology , and passed . A major focus of the Act was to trim overblown costs and waste by providers -LRB- The savings in the waste recovery are to help fund the program , so there has been a big push for this -RRB- and make the charges more uniform across the industry . As a result , many providers either dropped or limited the services that they had previously provided . So there is a kind of `` on one hand '' answer so far to your question , and I guess it depends upon which side of the fence you sit as to whether it is helping or hurting . If your parent was able to finally get coverage , you would probably like it ; if you are a provider -LRB- or used a provider -RRB- who was making a tidy profit off of your medicare billing , who learns that wo n't be continuing , and drops the service , you probably do n't . This will be a great debate for as long as it takes for solid numbers and data to shake out and really be able to measure the success or failure of the act . I appreciate the opportunity to answer , thanks for asking !


Input: Does Obamacare Hurt Medicare?

Output: The Affordable Care Act aka Obamacare takes over $ 600 million from Medicare to pay for the new health insurance plans . The funds are being taken from providers , doctors , lab & xray facilities , etc. which means providers will be paid less . Since providers are being paid less for their services there has been a decrease nationally of providers accepting Medicare . Last year there was a 9 % drop in Medicare providers with doctors either dropping out of Medicare or not taking new patients . The Medicare Advantage program is also impacted since the law is attempting do reduce the number of participants and payments to providers . If you have Medicare and currently have a doctor you may not see many changes in the near term .


Input: Who Should Register For Medicare?

Output: Everyone should sign up for Medicare Part A & Part B when you 're first eligible -LRB- generally this is when you 're turning 65 years old -RRB- so you do n't get hit with any late enrollment penalties -LRB- there are ways to avoid the late enrollment penalty such as signing up when you 're coming off group health insurance -RRB- . When you enroll in Part B , you begin your initial open enrollment period -LRB- a 6-month timeframe -RRB- to apply for a Medicare supplement policy with no medical underwriting . You can apply for Medicare benefits on the social security administration website , ssa.gov . If you need quotes for Medicare supplements , send me a private message and we can go over the input so we can find the program that 's right for you .


Input: Is Disability Insurance From EDD Taxable?

Output: Generally no . Benefits received from California 's Employment Development Department are not taxable provided they are paid solely as disability benefits . In some instances , California 's EDD will provide payment from the program in lieu of unemployment benefits ; when this happens the benefits received will be taxable . If this takes place , the department will provide the benefit recipient with appropriate tax forms to use when filing his or her income taxes .


Input: What Is A Deferred Variable Annuity Contract?

Output: An annuity takes a sum of money and converts it into a lifetime income stream . A deferred annuity allows accumulation of funds but carries that option of converting it into a lifetime income stream . The Variable Deferred Annuity allows the annuitant to select from a range of securities those that will be used to accumulate money towards their retirement . Only agents with a FINRA Series 6 are authorized to sell this type of annuity .


Input: What Is The Best Life Insurance To Have?

Output: Hmmm . Well , if everybody had the exact same need for life insurance , the exact same budget budget , and the exact same risk profile , that would be an easy question to answer . But alas ! We are all different . So its a good thing there are different life insurance products - and strategies - available . Here are some of the more popular : Lets suppose you need a specified amount of life insurance for a specified amount of time . Perhaps you want to cover a mortgage , or a business debt . Maybe youre required to have a policy to meet the terms of a divorce decree . And suppose you also want to spend as little money as possible on the coverage . But you want the premium guaranteed . The solution here ? Term insurance . Scenario number two : You know pretty well how much insurance you need , but the timeframe for coverage is a little uncertain . You want to protect your family against your loss , but who knows when the youngest child will be out of the house ? Maybe you will even have more children :-RRB- Or , perhaps , you are in business with some colleagues and need to fund a partnership agreement . Not sure yet how long you will be involved . Here , universal life insurance could be good for you . Its flexible premium product and can accommodate a wide variety of funding strategies . On the one hand , you could nail down a premium guarantee for his as long as you want . On the other hand , you could take on a little bit of risk and keep the premium lower with some reasonable interest assumptions in your cash account . Now think about this : what if you need life insurance for the rest of your life , and and so want a lifetime guarantee on the premium and on the death benefit -LRB- Who wants the price to go up when you turn 87 ? -RRB- . Not only that : you dont want to pay an arm and a leg for the coverage . Here you could go with guaranteed universal life . It wont give you any guaranteed cash in the long run , but it will give you the lowest guaranteed premium you can find . You could use this kind of policy to pay estate taxes . Make charitable gifts . Fund a special needs children 's trust . Protect an elder family member who has become dependent on you . Another scenario for you : let 's suppose you wanted the best guarantees around , in not just the premium ... not just the death benefit ... but also the cash value . Let 's also suppose you just wanted to let it ride and think about long-term cash accumulation - as well as survivor benefit growth . This might be a policy on your kids . Perhaps a retirement supplement . Maybe a vehicle for creating a legacy for the next generation . For reasons such as these , whole life is a good choice . Clearly , one size does not fit all in the world of life insurance . But it doesnt have to :-RRB-


Input: What Is The Best Life Insurance To Have?

Output: Interestingly enough , I am often asked the question , what is the best life insurance ? There is however , no overall best type that provides all solutions . What is best for you depends on your circumstances and what you want to accomplish . Universal life because of the flexibility is considered by many to be the `` best '' . Whole life and term products could also be the `` best '' , again depending on the circumstances and what you wanted to accomplish . An independent life insurance broker , representing several companies , can help you find the right policy at the right price . If you have further questions , or feel I could be of assistance , please do not hesitate to contact me .


Input: What Is The Best Life Insurance To Have?

Output: The best life insurance to have is the policy that has the largest face amount for the lowest premium at your death to take care of your loved ones . Since no one really knows when they will die , it is important to sit down with an experienced independent life insurance broker and let them professionally shop for the best coverage at the best rate for your unique situation .


Input: What Is The Best Life Insurance To Have?

Output: Asking what is the best life insurance to have is somewhat like asking what is the best type of home to have . It depends on what you can afford , how long you need it , how big you need it to be , and many other factors . No one policy fits everyone , just as no one type of home fits everyone . Calling a reputable agency can help you boil down your needs and your budget into a plan that will work best for you .


Input: How Much Is Yearly Homeowners Insurance?

Output: Every insurance policy is individualized to meet the needs and desires of the insured . This typically makes the rate for each policy different . Getting a quote from a local agent is typically free . Contact a local agent to discuss your coverage needs and concerns so that they can provide you with availability and pricing in your area .


Input: What Kind Of Retirement Plan Is PERS?

Output: Many retirement plans share that acronym . There are two basic types of retirement plans . The first is a defined benefit plan . A defined benefit plan computes the retirement benefit based upon a formula published in the plan . It normally takes into consideration years of service , highest income and age . If employees contribute the contribution is normally a percentage of their income . The second is a defined contribution plan . This plan normally allows the employee to contribute to their own retirement program . The employer may make an annual contribution to the plan or may match employee contributions to a certain limit . The benefit is then computed based upon the value of the fund at the time of retirement or may often be taken in a lump sum .


Input: Can You Put A Girlfriend On Your Health Insurance?

Output: Yes , in most cases you would be able to add her ... . However , she must be living with you and be able to show a Domestic Relationship with you ... Your best sourse to find out if your Employers Plan allows Domestic Partners is to contact your HRA or Payroll Department to verify she is eligible .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: Life insurance for a smoker costs less than you may realize . Rates for nicotine users have reduced in recent years and many affordable smoking policies are offered by the top-rated companies . The best prices are typically found by experienced brokers and our top-ranked websites that can accomplish hours of research almost instantaneously . And best of all , the quotes are always free and applying for coverage is simple . That 's our specialty . Here are some sample monthly rates -LRB- below -RRB- . Prices are based on a healthy smoking 35 year-old male : $ 79.31 - $ 500,000 20-year guarantee $ 45.41 - $ 250,000 20-year guarantee $ 30.06 - $ 250,000 10-year guarantee $ 39.83 - $ 350,000 10-year guarantee Rates are based on the most competitive offers at the time of the quote request . Only `` A '' rated companies were considered . Of course , all policies are subject to underwriting guidelines .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: The cost of life insurance for a smoker varies with age , gender and build , just as it does for life insurance for a nonsmoker . However , when you throw in a health condition , being a smoker can increase premiums much more than it does for a nonsmoker . Smoking while having diabetes , heart disease , COPD , even osteoporosis , can cause rates to jump exponentially , or even be declined . One way to get around this can be to purchase a simplified issue life insurance policy . Their smoker rates tend to not have quite as large a variation as medically underwritten policies , and they may not be as strict about the impact of smoking upon that health condition . There are also medically underwritten policies that treat smokers much better than others . Contact an agency that specializes in smoker life insurance to get your most competitive rate .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: Life insurance rates for smokers may be less expensive than you realize ! Of course , as experienced brokers , our job is to shop , compare and find the lowest prices with the help of our top-rated websites and modern software . Nicotine use is one of the underwriting factors considered when determining rates . However , other factors , such as use of medications , existing conditions and height/weight will also factor in the determination of prices . A few general estimates from top-rated companies : -LRB- Rates are monthly for a healthy smoker...10-year guarantee -RRB- : $ 39 - $ 250,000 40 year old male $ 19 - $ 100,000 40 year old male $ 33 - $ 250,000 40 year old female $ 60 - $ 500,000 40 year old female $ 29 - $ 250,000 30 year old male ALSO ... $ 109.86 - $ 500,000 40 year old male 20-year guarantee


Input: How Much Does Life Insurance Cost For A Smoker?

Output: Rates are n't that bad . But why not quit smoking ? 6 months off tobacco will save you loads of $ $ $ . For a 40 year old male , the very best rates we can get for you is : 20 Year , Non-Smoker $ 500K coverage $ 29.41 / month $ 340.00 / year 20 Year Smoker $ 500K coverage $ 125.43 / month $ 1,450.00 / year Not only do you save money if you do n't smoke . But the odds are you will outlive your life insurance , which should be your number one goal for your family .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: This will depend on a number of factors , but for a given age , gender , and risk class - the premiums for a smoker will be roughly about 50 % more than non-smoker rates -LRB- can be higher , varies by carrier -RRB- . Some carriers may offer non-smoker rates to tobacco users depending on the type of tobacco and frequency of usage . The types of tobacco that carriers may consider for non-smoker rates are cigars , pipe smokers , and chewing tobacco - if you 're using cigarettes , you 're going to get smoker rates . To get a realistic projection of cost , you will want to review your height/weight and medical history with an independent agent to identify the risk class you 're most likely to qualify for -LRB- this determines the premiums for the program -RRB- , the age of the proposed insured -LRB- PI -RRB- , whether you 're male or female , a tobacco user or not , amount of coverage you want to secure/need , and how long you want to have the coverage in place for .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: Since life insurance rates will depend on several factors such as face amount , type of policy , your overall health and insurability profile , etc , the real question is how much MORE does life insurance cost for a smoker . Most companies differentiate between different types of tobacco use . An occasional cigar smoker may get a better rate than a cigarette smoker . A cigarette smoker could expect to pay 30 % to 50 % more in premiums depending on their age than a non-tabacco user .


Input: How Much Does Life Insurance Cost For A Smoker?

Output: Unfortunately , that is too broad a question to give a specific answer . I can however , point you in the right direction . Smoking status is just one factor in assessing risks and setting rates . Smokers usually will pay more than non-smokers . The reason for the word usually , as opposed to definitely , is that in Canada some companies approach smoking differently . In other words , they charge smokers different rates based on what and how much they smoke . For example , cigar smokers are generally permitted to smoke 1 cigar a month with many companies to still be considered `` non-smokers '' for insurance purposes . I suspect it is for purely competitive reasons for cigar-smoking golfers . However , a more realistic approach is allowing 50 cigars a year which some companies take . I suggest that you look at the online quoting services to get an idea and then work with a local independent agent / broker to get the right policy at the right price . It is very important that you are truthful when declaring your smoking status as the company can deny your claim if you are not . 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 The Best Rated Medicare Supplement Insurance?

Output: Financial ratings really do n't matter when it comes to Medicare supplement insurance . All Medicare supplement plans are identical , and all pay claims on a timely basis . There are considerable consumer protections included in Medicare supplement plans . If your Medicare supplement carrier gets in financial trouble or decides to exit the market you have a `` free pass '' to apply for any plan with any other carrier , regardless of your health . The best Medicare supplemental insurance plan in your state is one that matches your needs and budget . Medigap insurance rates vary considerably by zip code , age , tobacco use and plan . The older you are the higher your Medicare supplement rate will be . The exception is for those who are under age 65 and on disability and Medicare . In most states rates for under age 65 are astronomical . Many carriers offer competitive rates from age 65 to 74 . Above age 74 some plans -LRB- surprisingly -RRB- become more competitive while others less so . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Plan F is the most expensive -LRB- and most popular -RRB- followed by D or G -LRB- depending on your state -RRB- , N then Hi F which is the least expensive . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes


Input: Is Long Term Care Insurance A Good Value?

Output: Compared to the cost of paying nursing home bills for over a year , Long Term Care Insurance premiums are a good value . It does not take very long receiving skilled care to make up for the amount that was paid for Long Term Care Insurance before making a claim .


Input: What Is The Best Medicare Plan For Me?

Output: Only you can determine the best Medigap plan in your particular situation . The plan that offers you the most flexibility in coverage , limits your out of pocket risk to a manageable level and charges a premium that fits you budget is probably the plan you should choose . When you pay more you do n't get more , you simply paid too much . #GeorgiaMedicarePlans


Input: What Is The Best Medicare Plan For Me?

Output: I am asked this questions almost daily . Finding the best plan for you depends on your current state of health , medicines you are taking , height and weight , if you are a smoker , and what type of exposure you would like to take or minimize . There are usually over 25 different insurance companies offering coverage in each state . Each of those companies offer multiple plans -LRB- F , G , N , D -RRB- . For some of my clients , Plan F is best for them . Others find Plan N works better . It is really a personal preference and can only be determined by talking with an experienced broker who represents multiple companies .


Input: How Do I Plan For My Retirement?

Output: The best thing you can do is sit down with a financial adviser or retirement planner and determine a game plan based on your individual situation . Put together a plan and stick to that plan . Each person is different and has different goals , objectives , and circumstances . Select someone knowledgeable in the use of not only investments but insurance as vehicles for a well rounded plan .


Input: How Is Part B Of Medicare Funded?

Output: Medicare Part B is jointly funded with taxpayer dollars collected via payroll taxes and partly with premiums paid by Medicare beneficiaries . If you qualify for low income assistance your Part B premium may be paid with taxpayer dollars , therefore reducing the amount deducted from your Social Security check or the premium paid directly by you .


Input: Is Allergy Testing Covered By Medicare?

Output: Allergy testing that may be covered include : 1 . complete blood testing 2 . chest Xray when respiratory symptoms are present 3 . skin testing 4 . total gamma globulins 5 . sputum exams 6 . Paranasal sinus xray 7 . challenge ingestion food testing 8 . Radioallergosorbent Test Do you prefer the short answer . Your doctor has your medicare policy information . Have his nurse call the company and ask if the procedure is covered


Input: Can I Use My Life Insurance As Collateral?

Output: Yes , life insurance can be used as collateral for some loans . The Small Business Association -LRB- SBA -RRB- often requires term life insurance to be purchased as collateral for their loans . You simply fill out an assignment form that will allow the lender to take the amount of the death benefit needed to fulfill your obligation , then the rest would go to your beneficiary .


Input: Can I Use My Life Insurance As Collateral?

Output: Only the policy owner can authorize the policy cash values or assignment of the death benefit for collateral in securing loans or obtaining other assets . Every life insurance company has its own collateral assignment form and in certain circumstances a restrictive endorsement form . This can modify the first position ofbeneficiariesand should be discussed with legal counsel before moving forward .


Input: Does Life Insurance Have To Be Used To Pay Debts?

Output: Unless the benefit is assigned to repay debts , the short answer is no . Life Insurance is a special product that does a simple thing , that is create a pool of money to be used for anything the beneficiary wants to use it for . The only exception possible to a debt is a debt to the government .


Input: Does Life Insurance Have To Be Used To Pay Debts?

Output: Life insurance proceeds go to the policy beneficiaries . In domestic scenarios , the proceeds generally pass to them tax free . Although paying off debt is a worth target for death claim money , it is not required . However , if the death benefit was collateralize , that might make the collateral holder in first position for the payout .


Input: Will Life Insurance Go Through Probate?

Output: Life insurance does not usually go through probate . If it is left to a person , charity , or group , it bypasses probate . However , if the beneficiary is the estate , or if all the beneficiaries are deceased , the proceeds of the policy will go to the estate , and thus , go through probate .


Input: How Much Is Life Insurance Taxed?

Output: Life insurance proceeds paid to a beneficiary are not charged income tax in the United States . If the beneficiary chooses to take the death benefit on a payment plan , the insurance company will pay interest to the beneficiary on the amount that has not yet been paid out . Taxes must be paid just on the interest . Inheritance or estate taxes are charged when the proceeds from the life insurance policy bring the estate over a certain dollar amount . In 2014 , this exempted amount is over $ 5,000,000 on the federal level . So most estates do not pay estate tax , but when they do , here is a calculator that can help you assess the taxes : WEBSITELINK


Input: How Much Is Life Insurance Taxed?

Output: In Canada life insurance death benefits are usually tax free . One exception would be a policy registered as an RRSP -LRB- not currently done , but was in the past -RRB- , Cash value growth is not taxed while it is inside a policy , unless it exceeds the MTAR -LRB- Maximum Tax Actuarial Reserve -RRB- . Insurance companies monitor their policies to be sure this does not happen . Surrendering the policy would trigger taxation . There are other events such as borrowing , or most transfers of ownership , that could also trigger a gain . The proceeds , less the cost of insurance is taxed the same as interest income . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Much Is Life Insurance Taxed?

Output: Life insurance benefits are NOT taxes . That is one of the few remaining values in our tax law . The check paid by the life insurance company will go to the beneficiary tax free , so they can keep every dime of it , just like you want . Buy life insurance , protect your family , and know the government will NOT take it away . None of it . Thank you . GARY LANE .


Input: Is Income From A Life Insurance Policy Includable For The Social Security Test?

Output: Video Transcript : Hello , everyone . I 'm Steve Savant , syndicated financial columnist and host of the weekly online talk show `` Steve Savant 's Money : The Name of the Game . '' I 'm answering questions from insurancelibrary.com , and today 's question is : Is the income from a life insurance policy includable for the Social Security provisional income test ? Well as you know , there are many forms of income , and all those incomes have to be generated or actually transferred over to the provisional income test to see whether or not Social Security benefits are going to be taxed by it . And of course , there are many forms of income , and most all of those forms of income somehow , some way make it to the provisional income test to test whether your Social Security is going to get taxed . But withdrawals to basis and policy loans of gain on a TAMRA-compliant , non-modified endowment contract kept in force for the life of the policy insured , that never actually is put on your 1040 . So the income is n't placed on your 1040 ; it 's not a taxable event . And the best part about that is it does n't enter into your provisional income test , so that your Social Security benefits stay tax-free . Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com .


Input: Can You Buy Life Insurance On Another Person?

Output: Yes . You can buy life insurance on another person when several factors are met : 1 -RRB- They agree to allow you to take out a life insurance policy on their life 2 -RRB- There is an insurable interest for the coverage - -LRB- e.g. buying coverage on a family member or setting up a key-man or buy-sell agreement between business partners -RRB- 3 -RRB- The policy being applied for is suitable to the need - there are limits to how much coverage can be taken out a person -LRB- generally 20-30x income - exact maximum coverage allowance varies by carrier -RRB-


Input: Can You Buy Life Insurance On Another Person?

Output: You certainly may purchase life insurance on another person . However , there must be an insurable interest . This means the loss of their life would impact you financially . Typically some examples would be an immediate family member , close relative or caretaker , a business partner or a key employee . Keep in mind the person must agree to being insured , be healthy enough to pass through underwriting requirements and the amount purchased must make financial sense .


Input: Can You Buy Life Insurance On Another Person?

Output: Yes you can buy life insurance on another person this is commonly done when two individuals are in business together or an employee has a major roll in your business that would possibly cause you to loose your business . which is key person life insurance . Also a grand mother might want toinsure a grandchild , parent or other family member . These are good investments for both parties .


Input: What Is Medigap Insurance?

Output: Medigap plans -LRB- commonly referred to as Medicare supplement plans -RRB- are designed to help seniors who want high quality healthcare and are on Medicare , cover the gap between what hospitals and doctors charge for their services and what Medicare will pay.Health insurance is constantly changing , which can make finding the right plan for you very strenuous . Supplementing your Original Medicare coverage -LRB- Medicare Parts A & B -RRB- with a Medicare Supplement plan will help you create a very predictable expense structure for your healthcare and allow you to see any doctor you want that accepts Medicare . Any doctor that accepts Medicare will also accept your Medicare Supplement plan . There are 10 different Medicare supplement plans and they are all standardized , meaning a plan F from company A and a plan F from company B feature the EXACT same benefits . The 10 different plans available are plans A , B , C , D , F , G , K , L , M , and N -LRB- a high-deductible plan F is also available that features a $ 2,140 deductible in 2014 - the trade-off being a substantially reduced premium -RRB- . Each plan offers certain benefits some more comprehensive than others . Each plan must cover a core set of benefits -LRB- also known as the basic benefits -RRB- . The basic benefits are : 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefits are used up . 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment There 's a total of 9 benefits that can be secured . The other 5 benefits available under a Medigap plan are : 1 -RRB- Skilled Nursing Facility Care coinsurance 2 -RRB- Medicare Part A deductible 3 -RRB- Medicare Part B deductible 4 -RRB- Medicare Part B excess charges 5 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Each plan features a different structure , Each plan covers a different combination of these 9 benefits -LRB- some of the plans feature coinsurance or copayments for certain benefits -RRB- . If cost is not a major factor for you , Plan F will be the recommended choice because it covers all 9 benefits at 100 % - it 's the most popular plan by far . If you 're looking to keep your costs down , but still have very comprehensive coverage , you may want to look at plans C , G , and N as well . When you 're looking to buy a Medigap plan , you should consult with an independent Medigap insurance agent to review the plans in detail to see which one will best serve your needs , help you identify all of the carriers offering Medigap plans in your zip code , and which one will be able to offer the coverage to you at the lowest cost -LRB- the plans are standardized so the biggest difference between them is price - the benefits are exactly the same regardless of the carrier you have the Medigap plan through -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: What Is Medigap Insurance?

Output: Medigap or Medicare Supplemental insurance is private health insurance put in place to supplement Original Medicare Part A and Part B . It will help cover some of the health care costs that Original Medicare does not pay . For example , Original Medicare will pay around 80 % of your health care costs . This leaves you with the responsibility of paying the remaining 20 % of Medicare approved amounts . Medigap insurance will help pay copays , co-insurance , and deductibles -- the ` gap ' in Medicare coverage . Medigap Plans are standardized . There are 10 lettered Plans all offering different Medigap benefits . However , each lettered Plan has standardized benefits . This means Plan N with ABC insurance company is the same Plan N with XYZ insurance company . The only difference is the price . The most popular Medigap Plans are Plan F and Plan G. Plan F covers all Medicare approved amounts . You do not have to pay any copays , co-insurance , or deductibles . Plan G covers all Medicare approved amounts -LRB- just like Plan F -RRB- after you 've met the small annual Part B deductible -LRB- $ 147 in 2014 -RRB- . If you are shopping for Medigap -LRB- Medicare Supplement -RRB- insurance , it is often challenging to find premium information on your own as many insurance companies do not publicly publish their premiums . With that said , you will find some very large insurance carriers who will give quotes online . This , though , can come with a higher premium to you . Another option is to work with an independent agent specializing in Medicare Supplement insurance . We freely shop the Medigap market and find you the best premium for the Plan benefits you desire . Thank you for reading my response . Please let me know if I can be of further assistance with your Medigap insurance needs .


Input: What Is Medigap Insurance?

Output: Medigap or Medicare Supplement Insurance covers deductibles and coinsurance required by Medicare . Depending on the plan it will generally cover your Part A deductibles . It will also cover the 20 % of Medicare covered expenses that you would otherwise be responsible for if you did not have a supplement . It is extremely advisable for most people to select either a Medicare Supplement or a Medicare Advantage plan when qualified for Medicare .


Input: Is Term Life Insurance Better Than Permanent?

Output: That is an excellent question ! It is a very commonly asked question , as people often have questions about the two . Term insurance is the better choice if you only want the coverage to last a short time . If you want to insure your life , a permanent policy can not be outlived , and is the better option . If you want to supplement that amount , then perhaps a term policy/permanent policy mix is the best option . It will depend upon your need , your budget , and your health . If you 'd like help , please contact me , okay ? Thanks for asking !


Input: Is Term Life Insurance Better Than Permanent?

Output: It depends on your unique situation as to whether term life or permanent life insurance is best for you . Everyone has a different and unique situation . There is no one size fits all with life insurance . Term life insurance has it 's place to cover a specific debt or create an instant estate in case of an untimely death at an affordable rate . Permanent life insurance plans solve more problems like , lifetime coverage , cash value options to pay for critical illness expenses to retirement income . I recommend sitting down with an experienced independent life insurance broker to help determine your need and the proper product to fill that need .


Input: Is Term Life Insurance Better Than Permanent?

Output: Better ? One is not better than the other . It all depends on what you need . Term life insurance will have a cheaper cost per month than a perminant policy will . BUT ... it will eventually end or run out , leaving you with no coverage . You will have to buy another term policy , at a higher cost per month because you are now older than before , or simply go without it . On the flip side , you could purchase a perminant policy that will last until age 120 . -LRB- Most of us will be gone before then -RRB- While you will pay more per month , your are in reality , not . The policy will not increase in price over the years , so the price you pay today will be the price you pay at age 90 . This is a major difference in the types of policies . Which one you need is an important decision . It 's best if you set down with a professional and go over these two options in more detail . Which one is better ? Whichever fits your life better !


Input: Is Term Life Insurance Better Than Permanent?

Output: The question of whether Term is better than Whole life insurance is really a question of opinion . In my opinion , in no case is term better than Whole Life insurance . Is it cheaper - yes . Is it equal when it comes to death benefit - yes - IF it 's paid . As one agent said to me , `` when you give the check to the beneficiary will they say , `` oh this is no good - it came from a term policy '' . . ? '' Thing is most often the death benefit is never paid on term policies . That 's why they 're relatively so cheap . -LRB- Of course that depends on how old a person is when the policy is implemented . -RRB- There are so many more benefits with Whole Life that really Term can not compare . Please see the article at this link : WEBSITELINK


Input: Is Term Life Insurance Better Than Permanent?

Output: Term and permanent insurance meet different needs . A permanent policy is designed to pay a death benefit regardless of when it occurs . A term policy provides a death benefit for a predetermined period of time . If you look at a mortality curve you will see that most people die later in life . Since few term policies pay a death benefit you could say that they are usually all cost . Since most whole life policies do pay a death benefit or cash benefit you could say that they are actually less expensive .


Input: How Long Does Medicare Cover Nursing Home?

Output: Medicare can provide some limited skilled nursing home care benefits . For days 1-20 , you pay $ 0 each benefit period . For days 21-100 , you pay $ 152 per day each benefit period . Days 101 + , you 're responsible for all costs . So , in short , Medicare will provide coverage for nursing care for up to 100 days . Medicaid can help pay nursing home expenses for Medicare beneficiaries . Medicare.gov provides a list of each specific covered service and eligibility conditions that need to be met for Medicare to cover nursing home care expenses . Long term care insurance is going to provide the greatest nursing home benefits .


Input: How Much Life Insurance Do I Need For My Child?

Output: I recommend at least enough to pay final expenses and possible medical bills . Keep in mind , the loss of a child is an extremely emotional and stressful time . The last thing a grieving parent needs is to try to figure out where to come up with the money to pay for burial and medical bills . Life insurance on a child is not expensive . My personal opinion is a base of $ 25000 . If the child does n't die , it puts the child in a good inexpensive plan until he can afford additional insurance when he is older .


Input: Who Is Eligible For Medigap Coverage?

Output: You are eligible for Medigap coverage if you have both Medicare Part A & Medicare Part B active . When you first enroll in Part B , you trigger a 6-month initial open enrollment period to buy a Medigap plan -LRB- also known as Medicare Supplement plans -RRB- with NO MEDICAL UNDERWRITING . This is the BEST time to buy a supplement plan because regardless of your medical history , you can buy any Medigap plan from any carrier and can not be declined . Plans F and G offer the most comprehensive coverage and therefore the most predictable expense structure - a major benefit for individuals on a fixed income . Please note , Medigap plans are standardized so the difference between carriers is price - plan F is the exact same plan F from every insurance company . Beyond this window , you 'll be subject to answering health questions to qualify for a new plan -LRB- every carriers ' questions are different -RRB- if you do n't have a guaranteed-issue right available to you . If you 're under 65 , you can still purchase a Medigap plan if you 're on Medicare for disability or ESRD , but the cost will be very high . Medigap plans are designed to be purchased by individuals age 65 and up . Under age 65 individuals on Medicare will likely either buy a Medicare Advantage plan or stay under original Medicare -LRB- Parts A & B -RRB- and add a stand-alone Part D plan for their prescription drug coverage . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: What's The Maximum Retirement Plan Contribution?

Output: If youre talking about the maximum standalone qualified plan with the most potential for tax deduction , perhaps you should look at 412i plans that use insurance products like life insurance and annuities . Depending upon income of the potential plan participant , over six figure in annual contributions can be made .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: You should be added as a driver on the policy . The insurance companies require that all household members need to be added to the policy . The agent is technically correct in saying that you would be covered as long as you have permission to drive the vehicle , but by not informing the insurance company that you are a driver in the household , he is knowingly committing insurance fraud . Adding you as a driver will likely cause the premium to increase , mainly due to the fact that you have no prior insurance . Even so , it is in your best interest to be named on that policy . This will also you help you if you are ever looking for a new insurance company in the future as you will be able to show that you carried prior insurance . I hope this answered your questions and good luck !


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: As I also agree with my colleagues in most accounts in this situation , the big issue also is you stated that you titled and registered the vehicle in BOTH names , which means if something catastrophic happened driving that vehicle -LRB- NJ Law -RRB- and you were not listed as a driver/named insured , that you would not be protected under the liability portion of the policy because you are not listed , plain & simple . In NJ , if a vehicle is titled in a person 's name , you have `` insurable interest '' and also need to be listed to have that protection cover you . I personally never recommend joint ownership outside of marriage , especially on a financed or leased vehiclefor the simple reason that if anything happened to the relationship , and that loan or lease is defaulted , it will affect your credit rating/score which ultimately will affect your insurance premiums with most insurance companies ! In NJ , we would put the vehicle in your girlfriends name at minimum , and list you as a driver ; you would get a multi-car discount , wemakesure we cross all the t 's , and dot the i 's , because insurance is a waste of money if it does n't cover you ; in our state they can now deny the claim due to fraud committed , and they are now allowed to keep your premium too ! Be honest , because insurance when done properly can be the difference between sleeping good at night , or wondering how you will protect yourself from an untimely lawsuit that could end up in detached wages , etc. . Again , this is NJ info , you will need to check your particular states laws for coverage benefits , exclusions , etc. .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: Be careful with this situation . Some insurance carriers will specifically exclude drivers who are not listed as a driver on the policy . You should look over the policy and see how an `` insured '' is defined in the policy language based on your specific carrier . And I agree with Jeremy ... . if you get added as a driver on the policy , that will eliminate the chance of not being covered .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: Yes you should and actually must be listed . You are a part owner of one of the vehicles for one and live in the house . You could actually have a claim denied for not being listed on the policy and living in the household . Permissive driver coverage applies to non household persons , not residents . This is bad advice by the agent and you could wind up in a very bad situation . Get listed on that policy ASAP or find another agent who will correctly write the policy . You hear horror stories of insurance companies denying claims . Well this is why .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: The most important thing as expressed in the other answers is that you should be a named insured on any policy where you are going to drive the car and aware that you are going to drive the car . Anything short of that is trying to get by without insuring what you are doing and that usually winds up costing more than going with the rules of the insurance companies . Trying to save money at times can cost more than doing it right in the beginning .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: Just want to add a bit of additional information , I do not believe is well covered in the answers so far . You are rightly concerned about your own use of the vehicle . But there is a broader issue as well . If both of you are listed on the policy as named insureds , you both can create permissive use on your own . So being a named insured is important to making sure you have a policy that will respond , but also recognize that you are then both entitled to create permissive use by others . What does that mean ? you could hand the keys to a friend or your live in partner could as well . So with any expansion of coverage there is additional responsibilities . If you or your partner let any one else use your car you should make sure you 1 -RRB- that person has a valid drivers license and 2 -RRB- know or certain the person you are allowing to use your vehicle is not impaired by alcohol , drugs or lack of sleep . These couple of check points will help keep you out of trouble for what is deemed to be negligent enturstment . I add one other disclaimer . I am not a licensed agent in your state , so this is just friendly advice that cost nothing and should be viewed as such .


Input: Am I Covered On My Girlfriend's Auto Insurance Policy?

Output: I could n't have put it any better than the answer Jeremy provided to you . You most certainly need to be added as a named insured on the policy . With regards to coverage : Unless you are specifically excluded from the policy and as long as you have permission to use the vehicle , yes there should be coverage in place . You really need to take a look at the policy and read the definition of who is an `` insured . '' Then go to the exclusions section and read through the exclusions . Do you have any prior tickets , or a poor driving record ? I 'm not sure why your current agent would act in a manner to obviously deceive the insurer , but this would be a red flag for me and I would think about finding another agent . Good luck !


Input: How Far Back Does Auto Insurance Look?

Output: It depends on the company and the type of violation . Most companies review your driving record for the past 3 years but some companies look back 5 years . If you 've had a major violation , such as a DWI or Reckless Driving that will show up for 5 years . I would highly recommend working with an independent agent who knows underwriting criteriaand who can shop your policy with several different companies .