Input: Will Life Insurance Cover A Drug Overdose?

Output: If during the first two years of a life insurance policy , the life insurance company will check to see if the overdose was due to suicide . They will also check to see if there was a drug problem that was not noted on the application . If past drug history was lied about or omitted , the policy will not pay the claim within the first two years of the policy . If the application was filled out honestly : 1 -RRB- If the drug overdose was accidental , the policy will pay , even within the first two years . 2 -RRB- If the drug overdose was suicide after two years , the policy will pay . 3 -RRB- If the drug overdose was due to a drug habit picked up after getting the policy , the policy will pay . 4 -RRB- If the drug overdose was due to mental illness contracted after getting the policy , the policy will pay . There may be some caveats in some policies , but the above is how life insurance generally works . If you disclosed everything and your life changes later , the policy pays with the exception of suicide in the first two years .


Input: Is There Life Insurance For Veterans?

Output: There is life insurance for veterans provided by the VA called VGLI -LRB- Veterans Group Life Insurance -RRB- . However , it must be purchased shortly after separation from the service . If getting a private policy , a veteran can get any life insurance policy that anyone else can get , as long and age and health guidelines are met .


Input: Did Medicare Go Up In 2014?

Output: Your Medicare Part A -LRB- hospital insurance -RRB- is generally free for most people as they 've met their 40 quarters -LRB- 10 years -RRB- of working life and paying FICA taxes . The monthly premium for Medicare Part B generally changes each year . For 2014 , the premium and deductible remained the same as it was in 2013 - $ 104.90 per month -LRB- this figure can be higher for higher-income individuals -RRB- with a $ 147 deductible .


Input: Is It Safe To Go Without Health Insurance?

Output: Is it safe to go without health insurance ? Well define safe ? Does safe mean protected from risk ? Then the answer would be no as going without insurance means in order to satisfy taking care of risk , you would have to have financial means to cover any possibility of medical expenses .


Input: Is It Safe To Go Without Health Insurance?

Output: Of course it is safe to go without health insurance , just like it is safe to drive without a spare tire until you have a flat . Then it becomes a problem . If you are a multi-millionaire and can pay for whatever foreseeable accident or illness that might befall you then you probably do n't `` need '' health insurance . If you are like most Americans then you might not have a pile of money stashed away for an unexpected illness or injury and that is why you have health insurance . This is the kind of bad judgment call that can seriously mess up your financial life and perhaps life in general . Just taking a good fall from your bicycle and needing some orthopedic surgery can cost tens of thousands of dollars -LRB- I recently had a friend have such an experience -RRB- , a normal child birth will probably put you back $ 7000 to $ 10,000 , and would you like that new cure for Hepatitis C ? A bargain at over $ 80,000 for that round of treatment . You may say , I 'll just go to the emergency room at our local public hospital and they 'll treat me and then write it off . Do n't count on it , those days are pretty much over unless you are really , truly poor -LRB- in which case you should be enrolled in Medicaid -RRB- . But with the financial losses and reductions in reimbursement levels that hospitals are contending with these days I can assure you that they will turn you over to collections in an effort to get the money you owe them .


Input: Who Is American Income Life Insurance Company?

Output: American Income Life or AIL is a US life insurer domiciled in the state of Texas . They are an AM Best A + rated company . They focus their products on middle and working class consumers and offer final expense and supplemental accident insurance products . AIL is a subsidiary company of Torchmark Corporation , which is a publicly traded financial services company in the United States .


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

Output: The statistics seem to suggest that senior couples will spend $ 250,000 in medical and extended care throughout their retirement . If those stats are correct , the pros of owning a long term care insurance policy is having those cost paid by the insurance company . You should apply no later than age 60 or earlier if you have a predisposition for critical or chronic illness in your family . Purchasing long term care with maximum benefits and an inflation rider placing two lives on one policy to receive a discount could run a nonsmoking 60 year old couple in good health around $ 300 a month .


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

Output: Purchasing long term care takes into account two factors assuming your healthy : your state of residence and how much to incorporate health care inflation into the future cost of elder care . Health care inflation is neither the government inflation nor cost of living ; it is the real present cost of care over the last five years and projected into the future . You want to purchase enough with an inflation rider to come close to your projected costs .


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

Output: The amount of monthly or daily benefit that you buy in long term care insurance depends on assets that you have to go towards long term care insurance costs and the rates at long term care facilities in your area . You can get a good idea of average rates by contacting a few facilities to know roughly what they charge in your area .


Input: How Do I Apply For Disability Insurance?

Output: How to apply for Disability Insurance : Contact a life insurance broker that sells different types of Disability insurance policies to find your best quote . Select your policy and fill out the application . Take the free paramed exam . Get approved . Pay for the policy and return delivery requirements .


Input: How Do You Setup Your Own Retirement Plan?

Output: You need to determine if your employer sponsors a qualified plan , If your employer sponsors a defined contribution plan like 401 -LRB- k -RRB- and matches some portion of your contribution , you should participate in the plan . But if you need to start your own plan , consider an IRA or Roth IRA for tax deductible contributions . But perhaps the biggest issue is first creating a personal financial profile that includes a risk assessment analysis to assist you in selecting a product line to fund your plan . Keep in mind that your retirement date and your life expectancy are critical time line considerations as well .


Input: Can I Deduct Auto Insurance Premiums?

Output: That is more of a question for your accountant actually . Under normal circumstances , no . However , if you own a business and use your car at least in part for that business , then your accountant may tell you that at least a portion of the premiums that you pay may be deductible as a business expense .


Input: Why Does Home Insurance Go Up Every Year?

Output: There can be various factors such as a company 's loss experience over all or whether you may have filed a claim with your own Homeowners Insurance Company . However , generally speaking even if neither of those examples are a factor , it is possible to see a little increase in your policy each year because most insurers policies include an `` inflation guard '' which automatically increases the stated dwelling amount each year . With the increase in coverage , there will be a reflective increase in premium .


Input: What Rate Of Return Does A Variable Annuity Pay?

Output: That is a great question ! There are just about as many different variable annuity products out there as there are varieties of ice cream . And even more potential rates of return . You would really need to first understand that any variable annuity will offer several crediting options that will play a part in your return . Then understand that the performance of the underlying investments plays a part , and that the policy 's floors , caps , participation rates and guarantees all factor in . Variable annuities can be a great investment , or a very bad one , if you do n't understand how and why they work the way they do . Please consult a trusted agent or adviser before purchasing one of these products . If you are less risk tolerant , perhaps an indexed annuity might be a better product . They are tied to market performance , without the risk , and safer guarantees . Ask your agent or adviser to show you a couple of each to compare , okay ? Thanks for asking !


Input: Can You Drive Someone Else's Car Without Insurance?

Output: You could , but you typically would n't be driving legally and you personally would not be covered for any damages if you were involved in an accident . If you drive another persons vehicle with their permission and without your own auto insurance you will potentially put that person at risk for higher rates in the future or other possible consequences from their auto insurance carrier if you are involved in an accident with their vehicle . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Why Is Car Insurance So Expensive For Young Drivers?

Output: Statistically young drivers present the greatest risk for a claim to an insurance carrier due to their inexperience behind the wheel . Young drivers are more likely to be involved in some sort of questionable or reckless activity . This does mean that every young driver is irresponsible or that they will be involved in activities that will cause a claim . Many young drivers are more responsible and less reckless than older drivers but insurance carriers tend to create rates based on age and geographic location as major factors .


Input: Why Is Car Insurance So Expensive For Young Drivers?

Output: This is not always the case there are some carriers that actually give you young driver discount and also if you have good grades that help . The main reason it is higher is because you are less experienced driver and are more likely to have an accident but there are many factors for this . Also the type of car you drive makes a difference also . I insure a 17 yr old who is on her own policy and has had tickets and drives a 2 door car and with just liability is only $ 160 a month that is not a bad rate as here inMontana the average young driver you can figures is 100 a month before you even think about adding a car this is being added to another policy . My recommendations are to talk to a local agent and see what type of discounts they offer for younger drivers and if you are being listed on another persons policy or not .


Input: Why Is Car Insurance So Expensive For Young Drivers?

Output: In California inexperienced drivers pay a higher premium than experienced drivers . This extends to inexperienced drivers regardless of their age . Statistically , drivers in this category have higher frequency and severity of claims . The amount that is charged is linked to the actual experience of the insurance company .


Input: How Does Insurance Determine The Value Of A Totaled Car?

Output: Market value -LRB- what others would pay for same car -RRB- with plus or minus depending on features , condition of vehcle , age , mileage -LRB- thats a big one -RRB- , type of car , quality of car , car been wrecked or under water ... As much as they cost now I recommend that you always get REPLACEMENT COST COVERAGE and you get GAP COVERAGE . ALSO , GET EXTENDED WARRANTY FROM THE DEALER . I have been involved in these issues so many times that I still sit down and cry like a baby . People get it in the back so many times just because they are ignorant of coverages that are available to them ... shame shame agents and shame shame tightwad idiots


Input: How Does Insurance Determine The Value Of A Totaled Car?

Output: The company looks at the cost of repair and compares it to the wholesale value of the car to determine whether or not to total the car in the event of an accident . Each company may have adifferentevaluation in this regard but as a general rule of thumb , that is what they will look at .


Input: How Does Insurance Determine The Value Of A Totaled Car?

Output: In most cases the value of a totaled car is determined by market value . A great way to get an assessment of the value of your vehicle is to go to any online website like Auto Trader and look up a car or several cars -LRB- in your area -RRB- similar to your own to see it 's value . Other factors that may be taken into consideration is how well your car is maintained .


Input: What Kind Of Health Insurance Do Professional Hockey Players Have?

Output: Most likely Lloyds of London they specialize in high risk organizations and individuals . With a 325 year track record headquartered in London they have a wide range of products also in protecting wealth in most cases these people get so caught up in their life style and careers that they forget they will not perform this career but for a short few years . Then the -LRB- BIG BUCKS -RRB- Stop . Construction Employees would be another with building and infrastructure growing at rapid speed this will be a good market . CONTACT ME SHOULD YOU NEED HELP


Input: What Kind Of Health Insurance Do Professional Hockey Players Have?

Output: That is a great question ! The Pro players generally have health insurance through plans set up by the player 's union . The Clubs themselves will have policies for non-playing personnel , and may offer as contract stipulations/bonus 's some level of coverage for the players , but as a rule it is done through the player 's union . In some cases the team may cover the minor league players , -LRB- some MLB teams do this also -RRB- in others it 's the union , depending upon contracts , playing time in the big leagues , etc. . As you might imagine , due to the increased risks of playing contact sports , the benefits and coverage will be greater than what the average health policy would be . I 'm certain that the Player 's Union Rep or the specific team 's HR person could give you specifics , should you ask . I appreciate your question though , and you for asking it ! Thanks !


Input: What Kind Of Health Insurance Do Professional Hockey Players Have?

Output: It can vary . The team and/or league organization may offer some format of group health coverage for all its players or they may secure individual health plans . Since professional athletes endure a higher level of physical strain than the average person due to the constant training , practice , games , and other physical activities , they may require supplemental coverage programs in addition to your common type of health plans such as injury specific plans . If you 're looking for help with your coverage , it 's best to consult with a health insurance agent who has a strong background in health programs specifically geared towards health insurance plans . 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: Will Medicare Pay For A Motorized Scooter?

Output: Medicare will pay for a scooter if your doctor has deemed it medically necessary - you must have a medical condition that limits your mobility in your home and have difficulty completing daily living activities . Medicare will generally cover about 80 % of the cost - you would be responsible for the other 20 % as well as your Part B deductible .


Input: Can Car Insurance Be In Your Parent's Name?

Output: Not sure where you live , but here in CT , Insurance Policies need to be issued in the name -LRB- s -RRB- of the registered owners of a vehicle . Therefore , if one or both of your parents own the car , the policy would be issued in their name -LRB- s -RRB- and you would be listed on the policy as a rated driver of that car . If however , you are theregistered owner of the car , then the policy needs to be issued in your name .


Input: Does Universal Life Insurance Have Cash Value?

Output: Because of the way Universal Life works the answer to that question is usually yes but not always . Unlike Whole Life which has a set premium and is thus able to offer guaranteed cash values , a Universal Life policy does not have a set premium , the premium is flexible . You can add more to the policy or pay less into the policy . As long as your premium pays the expense charges and cost of insurance each year you will maintain your insurance.The problem with this is that these charges go up each year and eventually , like term , become unaffordable . That is why you must always put more into the policy than just the basic costs . A Universal Life has a Target Premium , meaning that if you put that amount into the policy it should be in good shape and there will be cash value . The more you put in , the greater the cash value .


Input: Does Universal Life Insurance Have Cash Value?

Output: There are three current assumption universal life policies for tax advantaged supplemental retirement income that use three crediting methods : interest rate , indice and separate sub accounts . You should design the policy with the lowest TAMRA compliant death benefit option to maximize the policy cash values . Accessing cash values have associated policy loan costs . If designed correctly , these universal life policies have the potential to accumulate cash values .


Input: What Is Deductible Vs. Out-Of-Pocket In Health Insurance?

Output: The out of pocket medical expense is the portion of provider fees left over after the health insurance policy made its claims payments.Your deductible is one component of these expenses . The deductible is the amount of allowed expenses the policyholder must pay before benefits begin . Other components of out of pocket medical expenses include copayments , coinsurance , and out of network fees .


Input: What Is Deductible Vs. Out-Of-Pocket In Health Insurance?

Output: The `` deductible '' is `` out-of-pocket '' cost to the policy holder , and so is any co-pay . There may also be over the limit costs that are out of pocket . Usually health insurance policies have a maximum per year or maximum per life that they will pay for certain things . ANything after that would then be out of pocket cost to the insured .


Input: How Much Is Life Insurance For A 22 Year Old?

Output: Life Insurance for individuals in the early 20 's is relatively inexpensive assuming good health , favorable family history and other factors that go into the underwriting process . For most people this age money is a factor so term insurance is most probably the way to go . Before you apply make sure you are clear about the objective in purchasing a policy .


Input: How Much Is Life Insurance For A 22 Year Old?

Output: That is an excellent question ! Life insurance companies base the cost of your policy on your age , your health , whether you smoke , and the amount of coverage that you want . At your age , you have a couple of routes you can go , depending upon what you can afford . A whole life policy will be a little bit more expensive than a term policy would be , but will over time , become a better value in that you build cash in it , and if your health were to take a serious hit , your rates wo n't go up because ofit . If you are really strapped for cash , a short term policy might be the way to go , until you can afford the whole life policy . Either way , your policy should be fairly inexpensive . If you would like a more accurate dollar amount , please contact me , and I 'll go over it privately with you . Thanks for asking !


Input: How Much Is Life Insurance For A 22 Year Old?

Output: Before we can answer your question , we need to know what you are looking for . Premium could be under $ 10 per month or over $ 100 depending on what kind of policy you have and what you are trying to accomplish . Being so young you might consider some permanent life insurance as the cost of insurance is low , you could build an asset for future use . Again , why are you looking at life insurance needs to be answered . Feel free reach out to me if you would like to see some illustrations of the options you have available .


Input: How Much Is Life Insurance For A 22 Year Old?

Output: Life insurance for a 22 year old is typically going to feature very low rates assuming he/she is in decent health . Unfortunately , there 's too many factors that go into premium pricing to say what an average plan costs . The risk classification is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- Also affecting the premium for a policy is your age , how much coverage you want/need , and how long you want to guarantee it for -LRB- term or permanent -RRB- . Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . Please feel free to contact me for help . Thanks very much .


Input: Does Home Insurance Cover Power Surges?

Output: Homeowner 's policies vary a lot and the only way to know for sure is to file a claim . Having said that it probably depends on what caused the power surge . If it was caused by something accidental and sudden like a lightning or a short circuit IN YOUR PROPERTY then you are probably covered , if it was caused by something outside of your property such as a problem at the electric station , then you are probably not covered under your homeowner 's .


Input: Does Home Insurance Cover Power Surges?

Output: Damage to your home and personal property that is caused by a sudden and unexpected surge of electrical power that is the result of a lightening strike more than likely would be covered by your Homeowners policy . It is always best to talk to your Insurance Professional about the specific terms , conditions and potential limitations of your particular policy in order to best understand it 's provisions . In addition to damage to your home and/or appliances , be sure to ask about loss of food from your freezer and refrigerator if the power loss is extended . Many Homeowners ' policies include some limited coverage for this , usually about $ 500.00 . Naturally any loss settlement would be subject to your policy deductible .


Input: What Is A Return Of Premium Life Insurance Policy?

Output: A Return of Premium Life Insurance policy will pay back all the premiums you paid in if you are still alive when the years of the term are ended . E.g. if you took out a $ 250,000 thirty year term policy on your 40th birthday with an annual premium of $ 500 , on your 70th birthday you would get a tax free check for $ 15,000 -LRB- the policy may exclude paying back policy fees or other minor variations , but that is the gist of it -RRB- . You could keep the cash or may even be able to roll the $ 15,000 over into a single premium permanent policy with a higher value . In this example , you could have had a $ 250,000 term policy to cover a 30 year mortgage , and if you had passed in that 30 years , your house would have been paid off . But if you outlive the 30 year term , you still end up with a final expense fund or policy . Return of Premium -LRB- ROP -RRB- term often will pay back part of the premiums paid in if the policy is kept for a shorter period than the entire term , as well . The initial price for ROP Term is higher than for regular Term life insurance . And , contrary to the premiums for regular Term insurance -LRB- which are usually higher the longer the term -RRB- , ROP Term policies usually cost LESS the longer the term is . That is because the insurance company hangs onto your money longer and thus is able to return more to you after those years have passed .


Input: What Is A Return Of Premium Life Insurance Policy?

Output: What is a return of premium life insurance policy ? Usually , the name return of premium life is applied to a certain term policy that does return premium applied after the specific term run is completed . These policies charge more during the level period than regular level premium term , but again , it comes back if you do n't continue the policy past the period .


Input: What Is A Return Of Premium Life Insurance Policy?

Output: Return Of Premium is a rider that is attached to a term life insurance policy . lets say you have a 20 year term life policy you pay your premiums to continue coverage . at the end of this 20 years if you do not have a return of premium policy you have paid for 20 years of coverage . Now lets take that same 20 year policy and add the return of premium to it . Yes you will pay more in premiums but , in this case 20 years have past and you have outlived your policy your premium payments are then returned to you tax free ! so now you have basically had 20 years of coverage for free . Now you do have toconsider that there may be some fees throughout the policy that may effect the total amount of the return but these are usually small changes .


Input: What Vaccines Does Medicare Part B Cover?

Output: Medicare will cover vaccines and immunizations that help prevent influenza -LRB- the flu -RRB- , Pneumonia , and Hepatitis B -LRB- for those at risk -RRB- - you would generally not be not be subject to any deductible , coinsurance , or copayments if your provider accepts assignment -LRB- accepting the Medicare approved amount as payment in full -RRB- . For doctors who do not accept assignment , they may charge you an excess charge - Medicare supplement plans F & G can cover these charges for you . Some other shots can be covered by Medicare for other situations such as getting bitten by a dog and receiving a rabies shot or stepping on a rusty nail and getting a tetanus shot . You would generally be looking at Part D coverage for other vaccines .


Input: Does Renters Insurance Cover Pools?

Output: Since you are a renter and do not own the property I assume by pool you mean liability in the even someone gets hurt or drowns . In this case the liability portion of your renters policy will cover you -LRB- assuming you were found negligent -RRB- up to the policy limits should a guest be hurt in the pool of the home or place you are renting . Even if you are not negligent the policy will still defend .


Input: Can I Deduct Life Insurance Premiums On Schedule C?

Output: No , unfortunately , you can not deduct life insurance premiums on schedule C of your income tax return . Generally , only C Corporations are allowed to deduct life insurance premiums , within certain guidelines . Your tax attorney or CPA can provide legal advice to you regarding the deduction of life insurance premiums for businesses .


Input: What Constitutes Accidental Death For Life Insurance?

Output: Accidental death , as it applies to life insurance , is death caused by accident . Most accidental death policies exclude accidental death caused by suicide , injury incurred while committing a felony , acts of war , or illegal drug use . They also generally will not pay the death benefit if the accident resulted from a mental of physical illness .


Input: What Constitutes Accidental Death For Life Insurance?

Output: For life insurance , accidental death would be the result of anything sudden and unexpected that caused the death of the insured . An automobile accident is an example as well as a plane crash . Certainly a death caused by the accidental discharge of a firearm would be considered as accidental . That would be contrasted with a death by suicide which would not only not be considered accidental , but woudl be a reason for the isuring company to deny paying the proceeds of the policy . A death caused by a genuine accidental overdose or unknowingly combining of medications that together can cause harm could certainly be an example of accidental death as well .


Input: Is Cancer Insurance Worth The Money?

Output: I believe so , as I both own one , and sell them to my clients . They can help make up the deductables and co-pays that are not paid by the health insurance companies . They can also bring in extra income when the insured or family member is not working due to treatments . Remember that these payments from a cancer policy are paid directly to the insured or beneficiary , not the doctors or hopitals . The statistics say that 1 out of 2 men and 1 out of 3 women will contract some form of cancer in their lifetime , the odds are unfortunately good that you will also . Most cancer policys ' also have a wellness provision that will reimburse the insured if they have a mammogram or a pap test or other cancer related tests done , even if they have health insurance coverage . One company , Allstate Benefits , expanded their cancer wellness program to cover blood tests for cholesteral , chest xrays , EKG 's and other non cancer related tests . generally these reimbursements have maximum amounts that they will pay on an annual basis .


Input: How To Cancel Golden Rule Health Insurance?

Output: Golden Rule plans are backed by UnitedHealtcare , one of the most reputable -LRB- and larger -RRB- insurers n the US . To cancel coverage , get your ID card and locate the phone number on the back of the card . Call that number and inform UHC that you would like to terminate the policy .


Input: Does Medicare Cover Physical Therapy?

Output: Medicare does indeed cover physical therapy , occupational therapy and speech therapy . Medicare does impose limits on how much they will pay . Apparently at some point they think you have had enough and need to suck it up . In 2013 the limits are $ 1900 for physical and speech therapy combined . OT limits are $ 1900 . I told my doctor I broke my leg in two places . He told me to quit going to those places . Ba-da-bing


Input: What Companies Offer Life Insurance In Washington?

Output: Probably the easiest way to find out is visit the Office of the Insurance Commissioner 's website WEBSITELINK There you can look up any company you may be interested in and find if they are authorized to sell in Washington state . You can also check for complaints or any compliance issues the company has faced . One thing with Washington State and insurance is that approval for sale is on a plan by plan basis , not company by company . An insurance company may have 5 of their 10 offerings approved for sale in Washington , but 5 may not me . Certain types of insurance products are not to be sold in Washington as they do not meet state requirements .


Input: How Long Can You Be On Your Parents Health Insurance?

Output: One of the changes to the Patient Protection and Affordable Care Act -LRB- Obama Care -RRB- was to allow a child to stay on a parents plan until the age of 26 . There have been many negative implementations with this bill , but this is one of the good ones . Many College students are having trouble finding work in a less than stellar economy . This change will help make sure theyaccess tohealthinsurance .


Input: How Long Can You Be On Your Parents Health Insurance?

Output: The ACA will expand dependent coverage to individuals through their 26th birthday . Simply put until one reaches the age of 27 . They do not have to be listed as dependents in any other area to occupy this status on the health insurance policy , and may not be dependent on the individual for any reason -LRB- aside from the health insurance -RRB- . After the age of 27 individuals who require special consideration -LRB- mental/physical that prevents them from being able to live indepedently -RRB- will be the primary focus with regard to any further extention .


Input: Which Annuity Is Best For Me?

Output: There are two basic types of annuities : single premium immediate annuities -LRB- SPIA -RRB- and tax deferred annuities . If youre financially conservative and looking for immediate income now , SPIAs are a consideration . If youre in a high tax bracket and youre looking at tax deferral feature of annuities , then you have three crediting methods to consider : interest rate crediting , indexed crediting and separate sub account crediting . You need to establish your risk tolerance to determine which crediting method is right for you .


Input: How Much Does Health Insurance Cost On Average?

Output: The cost can vary , depending upon where you live , how old you are , your pre-existing conditions -LRB- if any -RRB- and the type of coverage you want . If you 're young and healthy , prices would be in the $ 30 - $ 150 per month range , although some states may be higher and of course `` short-term '' premiums are the lowest . This figure , is of course , a raw estimate . The easiest , quickest and most accurate way to determine your cost is to speak with an experienced broker , or simply request for a free quote from a reputable national website . You can provide some basic information and quickly view the best options . Health conditions will play a big part in determining rates until 2014 when the vast majority of policies are guarantee-issue .


Input: How Much Do Life Insurance Agents Make In Colorado?

Output: As in every other state , the amount of money that a life insurance agent makes in Colorado depends on how hard they work , how business savvy they are , whether they have gotten some good breaks , and all kinds of other factors . Many life insurance agents quit the first year due to the inability to make a living off of their income . Others go on to make over $ 100,000 per year .


Input: How Much Do Life Insurance Agents Make In Colorado?

Output: To answer this question on how much do agents make in Colorado i would like to recognize the opportunity you have . We all know it depends on how hard you work but the key is to become a master marketer . Colorado has many opportunities with small businesses , families and individuals . The retirement niche is a growing market with a lot of opportunity . Contact a local marketing organization like to get more details .


Input: Can You Pay Homeowners Insurance With Credit Card?

Output: With very little exception almost all insurance carriers will allow you to pay with a credit card . Some will limit to Visa and Master Card while others will take Amex and Discover as well . Also a popular option these days is paying electronically with a check . Carriers are trying to make it as easy as possible for their clients to make a payment .


Input: What To Look For In Auto Insurance?

Output: Great question ! The things to look for are pretty much the same things that you want in your health insurance - the lowest cost , for the most coverage , with the lowest deductible . Everyone understands lowest cost , for the coverage , you want to look for the more things that the policy will pay for , the better . The deductible is the amount that you have to pay out of your pocket before the insurance money kicks in , so the look for the lowest deductible , highest coverage that you can afford . If you need more detail , feel free to contact me , I 'm glad to help . Thanks for asking !


Input: Why Do You Have To Have Car Insurance?

Output: To protect yourself against financial devistations should you experience a covered loss . In the state of Wisconsin if you are involved in an accident that your are deemed responsible for and an adult has died as a result of the accident you are financially responsible for 350000 for that death and if a child has died as a result of the accident you are responsible for 500000 . This is called the wrongful death act . Do you have enough coverage ?


Input: Why Do I Need A Medicare Advantage Plan?

Output: If you are satisfied with original Medicare and a Medigap plan , you do n't need an Advantage plan . Original Medicare and a supplement plan allows you to use any doctor or hospital anywhere in the US without incurring out of network penalties . Your out of pocket expenses are capped so you know what your risk exposure is .


Input: Why Do I Need A Medicare Advantage Plan?

Output: Medicare Advantage plans combine Hospital , Physician and prescription Drug coverage . Pretty much everything you need in health insurance . The alternatives in order to get everything covered is to buy Medicare part B and Medicare part D , then some kind of medi gap plan that will cover your deductibles and co-pays . Of course with Medicare Advantage you may want to get a gap plan as well , but generally Advantage is less costly than buying Parts B and D.


Input: Does Mitt Romney Have Health Insurance?

Output: Mitt Romney has health insurance . Personally , I 'm not sure of the specifics , the carrier or what rate he pays , but he definitely is covered under a healthcare plan . He also has many friends , a lot of money and good health . We wish him the best in his futureendeavors which probably do not include political aspirations .


Input: Should I Buy Additional Disability Insurance?

Output: It really depends on two main factors as to whether you need additional disability coverage . The maximum amount of benefit to be paid under a disability plan can not exceed 70 % of your current income . Therefore , if you have enough short term and long term disability to cover the 70 % , some policies pay less 50 % to 67 % , then you have enough . If you find your maximum benefit is less than those percentages , then yes you should consider purchasing additional coverage .


Input: Does Renters Insurance Cover Bodily Injury?

Output: Renters insurance like homeowners insurance provides liability coverage for incidents that may happen to others that you are deemed responsible for -LRB- check your policy for exclusions -RRB- . The limits of this coverage are listed within your policy and can vary depending on state and the coverage that you elected to have . The details of your liability coverage would be described within your policy or you can call your local agent to discuss the coverages that you may have inforce .


Input: Does Renters Insurance Cover Bodily Injury?

Output: Renters coverage differs with different insurance companies . Renters insurance from Farmers Insurance provides liability coverage in case you harm another individual or damage their property . Farmers also includes a small coverage of $ 500 should someone be hurt inside your apartment . Renters insurance through farmers has liability limits that go up to $ 1,000,000 . This is a great product to supplement your auto insurance liability limits . Keith Prim - Dallas , TX 214-435-0791


Input: Does Renters Insurance Cover Bodily Injury?

Output: Renters Insurance has liability coverage as part of the policy . Most polices will have at least a minimum of $ 100,000 in coverage . So in the event someone wants to sue you claiming you caused or are responsible in some fashion for their bodily injury and/or property damage you policy will respond to the claim .


Input: Does Celiac Disease Affect Life Insurance?

Output: No , just having celiac disease will not affect life insurance rates , especially if it is being controlled by diet . If the celiac disease has progressed to causing other problems that are not being corrected by diet , those could cause an increase in life insurance premium . These include anemia , osteoporosis , or neuropathy .


Input: Does Celiac Disease Affect Life Insurance?

Output: I contacted an underwriter for a large , popular life insurance company to get the answer to this question . If all other health is excellent , the celiac disease is not causing symptom and is stable with adherence to diet , it is possible to get the best rating in life insurance while having celiac disease .


Input: Does Celiac Disease Affect Life Insurance?

Output: Not usually . For most people with this condition , the best underwriting risk classifications for which you would otherwise qualify should be available . Like many things which , on their own do not have a mortality impact , the condition could be associated with other conditions which may have an impact on the underwriting process .


Input: Does PPACA Apply To Medigap?

Output: Unfortunately , the Affordable Care Act does not make it easier to buy a Medigap Plan . If you have a pre-existing health condition , the insurance companies can turn you down . Therefore , the best time to buy a Medigap plan is when you think you do n't need one . If you are over 65 and out of your initial Open Enrollment Period , you will have to answer the health questions on the Medigap application . Each insurance company is unique with their health questions -- as is each person with their health history . While one insurance carrier might deny you for having rheumatoid arthritis , another insurance company may approve your application . That is why it 's a great idea to work with a Medicare Supplement specialist . In just a few minutes , we can review your health history and determine which insurance companies may be the best match for you . If I can assist you with your personal Medigap needs , please feel free to contact me .


Input: What Does It Mean To Have Money In A Tax Deferred Annuity?

Output: A deferred annuity is a type of annuity contract that delays payments of income , installments or a lump sum until the investor elects to receive them . This type of annuity has two main phases , the savings phase in which you invest money into the account , and the income phase in which the plan is converted into an annuity and payments are received . It can be either variable or fixed .


Input: What Does It Mean To Have Money In A Tax Deferred Annuity?

Output: That is a great question ! A tax deferred annuity is a great way to helpfund a retirement plan . In this type of vehicle , the money that you put into the annuity grows steadily . The interest that it earns stays in the annuity , and is n't counted yearly as income , so is n't taxable . Once the point comes when you start taking payments from it however , that earned interest becomes taxable , and is counted as income . Everything in the annuity over the amount that you started with is considered taxable income and you will count the interest on your taxes each year that you receive payments . The idea behind this strategy is that once you 've retired , you 've dropped in your yearly earnings , and thus into a lower tax bracket , and yet again saved money . If you would like more detail on this financial tool , please contact me , okay ? Thanks for asking !


Input: What Does It Mean To Have Money In A Tax Deferred Annuity?

Output: Putting money in a tax deferred annuity in very simple terms means the money paid into the annuity is growing without being taxed while in the annuity . The taxes are `` deferred '' until you start withdrawing the money to use usually for retirement . The hope is when you retire you will be in a lower tax bracket than when you were earning income . It can also be described as triple compounding meaning the dollar you put in earns interest , the dollar of interest earns interest and the dollar you owe Uncle Sam earns interest .


Input: What Is Permanent Life Insurance And How Does It Work?

Output: Permanent life insurance can be used to fulfill financial strategies in indemnification , income or inheritance planning . Permanent indemnification and inheritance products are participating whole life and guaranteed universal life insurance , both issued for as a single life and second survivor . Permanent income products are participating whole life insurance and current universal life that credits an interest rate , index and separate sub account equities/bonds performance .


Input: What Is Permanent Life Insurance And How Does It Work?

Output: There are two basic types of life insurance : term and permanent . Term is for temporary needs and covers a specific length of time - typically up to 30 years . Permanent or cash value life insurance is designed to last for a lifetime and , provided the required premiums are paid , can not be outlived . Permanent policies comes in different forms such as whole life or universal life . Whole life features fixed premiums that must be paid until maturity , often age 100 . Universal Life is also known as Flexible Premium Adjustable Life - this is the official name of this type of product . It describes in a simple way how the product works . Premiums are flexible because that can be adjusted upward or downward . You can also skip premiums . You also have a choice of level or increasing death benefit which describes the adjustable nature of the product . Universal life builds cash value that can grow based on a stated fixed interest rate , which may vary over time , but which will never be less than a guaranteed minimum interest rate . Policy costs for administrative expenses and cost of insurance are deducted from the cash value monthly.Universal life is best suited to satisfy the longer-term needs of policyowners who want premium flexibility and cash value accumulations that reflect current fixed interest rate returns , with a guaranteed minimum interest rate . Permanent policies have variations with features and flexibility for a wide range of planning situations . Consult with a life insurance professional to design the best plan to meet your specific needs .


Input: What Is Permanent Life Insurance And How Does It Work?

Output: Permanent life insurance is the only plan specifically designed to be in force when you die . Most permanent plans mature -LRB- or endow -RRB- at age 100 which fully exceeds the average life expectancy of most individuals . Permanent life insurance plans charge a risk or mortality premium plus and extra amount to build up reserves designed to keep the policy in force as the policyholder ages . These excess premiums are reflected as cash value in most plans .


Input: What Is Permanent Life Insurance And How Does It Work?

Output: There are two categories of life insurance : term and permanent . Term insurance is designed to stay the same price for a set number of years , then it either ends or the price goes way up . Permanent insurance is designed to stay in effect for a lifetime . Permanent insurance can be paid on a schedule over a lifetime , or it can be paid in a lump sum , or for a set number of years -LRB- after which the policy is paid up and still in force even though no more premiums are paid -RRB- . Permanent insurance policies include Whole and Universal Life , and variations thereof . The way the policy works depends on which type of policy you pick , but they all have a death benefit and cash value . Whole life will always cover you for a lifetime , but you must get a guaranteed no lapse universal life policy to make sure UL is truly permanent coverage .


Input: What Is Permanent Life Insurance And How Does It Work?

Output: Death is an inevitability not a probability . For that reason companies issue permanent life insurance policies . These are policies that will be in force on the day that you die as long as you pay the premium . The way that the companies keep this promise is to collect more money than is necessary to meet the cost of insuring a person for the coming year and hold that in reserve . As the reserve increases the need to purchase insurance decreases . There are permanent policies which may accept less in the early years but will require more to remain permanent in later years .


Input: When Is A Good Time To Start A Retirement Plan?

Output: Most of the people with whom I consult wished they had started several years earlier . When you are young you have enormous human capital -LRB- you are going to earn a pile of money . -RRB- Someday that human capital will be exhausted and you will have to rely upon financial capital . The government has most of us contributing to Social Security so you have financial capital . However , living on the Social Security benefit is rarely enough for most . Move your capital from today to tomorrow !


Input: When Is A Good Time To Start A Retirement Plan?

Output: As soon as possible , the greatest asset you have is time , and it takes time for money to build . If you add earning a rate of return on your money and have that money compound over the years than your money can grow to a huge lump sum . What you want to do is find the right savings vehicle that will give you the best return . How about a tax free retirement ? Are you familiar with tax deferred ? How about avoiding penalties if you take an early withdrawal . There are many things to consider but the earlier you start the greater chance you have of saving a lot of money for retirement .


Input: Who Can Take Out A Life Insurance Policy On Someone Else?

Output: To take out a life insurance policy on another individual you must have insurable interest . This means that you may face a financial loss upon the death of an individual . You must also have the consent and knowledge of that individual or parent of that individual . Common examples would be an adult child taking a policy out on their parents , an employer taking a policy on a key employee , a family member such as brother or sister taking a policy out on a sibling , a grandparent taking a policy on a grand child or some companies will even allow same-sex couples to take policies out on each other as long as insurable interest can be shown .


Input: Who Can Take Out A Life Insurance Policy On Someone Else?

Output: You have to establish insurable interest to justify taking out life insurance on someone else . Justification is based on the premise of the beneficiaries suffering financial loss because of the death of the insured . Secondary to that issue is the amount of coverage , which also requires economic justification .


Input: Who Can Take Out A Life Insurance Policy On Someone Else?

Output: Life insurance purchasers are required to have an insurable interest in the life of the insured . Insurable interest generally must exist at policy inception . The underlying principle is that a purchaser must have a reasonable expectation of profit or benefit from the continued life of the insured . When you take out a policy on the life of another , there are limits on who can own the policy : 1 . Family members related by blood or marriage have an insurable interest in each other e.g. Parent/child and child by adoption , siblings , spouse , grandparents/grandchildren , and in some states , engaged couples . There is generally no insurable interest in nieces/nephews , cousins , aunts/uncles , other relative by marriage or stepparents/stepchildren . 2 . Creditors have insurable interest in a debtor to the extent of the debt . 3 . Business relationships which give rise to a financial dependency : an employee can insure an employer or vise versa . Partners can insure each other . Key employees can be insured by their employer . So , for example , two cousins who would otherwise not have an insurable interest , jointly own a business and therefore have an insurable interest in the other . Note that the life insured always needs to consent to the insurance with their signature and would need to consent by signature to the release and use of their medical information in the underwriting process for underwritten policies .


Input: Is Health Insurance Free In Canada?

Output: It depends on which Province you live in . In Ontario , you do n't pay a premium for basic healthcare but in British Columbia you do . We moved away from Canada because the taxes were so high so `` free healthcare '' is up for debate . Also , Doctors can be hard to find in some areas .


Input: Can My Homeowners Insurance Be Cancelled?

Output: Yes it can , but it must be for specific reasons based upon your Insurance Company 's underwriting standards as filed with your State Insurance Department . A few examples of things that may cause a company to cancel coverage is first , if you fail to pay your premium . Also , if you have filed a number of claims in a short period of time causing a frequency and or a severity issue , this could result in your policy being non renewed . One thing that is not premium payment related that could cause your policy to be cancelled mid term , is vacancy . As always , talk to your Insurance Professional about the specific terms and conditions of your policy .


Input: Can My Homeowners Insurance Be Cancelled?

Output: When an agent acts on behalf of the company , the policy is considered in force . If subsequent investigations by the underwriting department determine that the risk does not meet company guidelines , the underwriter can cancel the policy with adequate legal notice . Any claim arising during the period when the policy is considered paid will be covered .


Input: How Many Health Insurance Companies Are There In Tennessee?

Output: The major health insurance options in Tennessee are Blue Cross/Blue Shield of Tennessee , AETNA , Assurant Health/John Alden , CIGNA , Humana , StarMark and United Healthcare . These are the major players in both the group and individual health insurance markets . For 2014 they were joined by the Tennessee Health Co-op which is an organization created under a grant from the Federal government to provide an additional option in the government health insurance marketplace . There are a couple of third party administered health insurance products whose policies may be underwritten by Nippon Life or some other insurance company but they represent a very small segment of the marketplace .


Input: Does The Employer Pay For Health Insurance?

Output: Group health insurance is health insurance a business owns and offers to its employees . The business generally pays for a percentage of the premiums -LRB- e.g. 50 % -RRB- with the employees paying the rest . It 's often offered as a means of attracting people to come work from them . Group health insurance quotes are based on the size of your business , the industrys SIC code , age of employees , and average employee health -LRB- except in Maryland , which requires no medical underwriting -RRB- . There are no instant online quotes for group health insurance for these reasons . To get a quote for group coverage , it 's most helpful to consult with an experienced broker who can shop for quotes with multiple companies in one place - having too many `` hands in the cookie jar '' can make things very confusing . Please let me know if I can be of further assistance . Thanks very much .


Input: What Is Modified Premium Whole Life Insurance?

Output: With Modified Premium Whole Life the premium is lower in the first few years of the policy and increases in increments until the actual premium is reached . These policies are usually sold to parents for their kids , keeping the premium lower until the kids are old enough to take over the policy on their own but I have also seen them offered on TV adds by companies trying to make their rates look lower to generate sales . In the fine print that nobody reads it is disclosed that it is a Modified Premium Plan . When you buy from a good ethical agent , you will know exactly what you are buying .


Input: How To Buy Auto Insurance Without A Car?

Output: there are 2 options , depending on the state you live in : a named operator policy or a broadform named driver policy -LRB- A third option would be a financial responsibility bond , but those are very rare . Ohio may be the only state that has it -RRB- . most states have the named operator policy , quite a few states have the broadform policy . both policies offer liability , medical payments , and uninsured motorist coverage . But neither policy offers comprehensive or collision coverage . Also , both policies will work for you if you need an SR22 or FR44 filing .


Input: What Is Reverse Life Insurance And How Does It Work?

Output: Reverse Life Insurance is a life settlement in which the policy holder `` sells '' his policy for cash . In order to be considered for a reverse life insurance transaction , the insured person must show probability of a short life expectancy -LRB- very poor health or very advanced age -RRB- , and the policy must have indications that it would have value to the person -LRB- s -RRB- buying it -LRB- increasing cash value and/or enough years left that death is almost certain to occur before the policy ends -RRB- .


Input: What Is Reverse Life Insurance And How Does It Work?

Output: Reverse Life insurance refers to a viatical settlement . A person sells his life insurance police for cash , usually more than current cash value but less than the face amount . The insured loses all interest in the policy and when the insured dies the money goes to the viatical company .


Input: What Is Reverse Life Insurance And How Does It Work?

Output: Reverse Life Insurance is a life settlement in which the owner of a life insurance policy sells the policy to another party for an agreed upon amount of money . In order for someone to be considered for this , the insured individual on the policy will generally need a life expectancy evaluation completed and show a level of likelihood of a short life expectancy - generally meaning they are in very poor health -LRB- sometimes age-related -RRB- . Many times a policy may get sold to an investment company because the term period is expiring and they do not want to buy new coverage , but would like to recoup money on the premiums paid out over the life of the policy - the purchasing party may ask the policy be converted to a permanent program before the sale transaction is completed . You should consult with a life insurance agent/broker before selling your policy to make sure it 's the right thing for you and to identify if there are any other alternative courses of action available . If you would like assistance with this process , send me a message by clicking on the `` contact me '' button .


Input: What Is Reverse Life Insurance And How Does It Work?

Output: A life insurance policy that has been viaticized has a couple of things happen . The insured no longer has any ownership in the policy . Nor are they the premium payer . Those rights along with any other incidental rights of ownership -LRB- including the ability to assign the policy or change the beneficiary -RRB- are gone once the policy is viaticized . When the insured dies the proceeds go to the beneficiary . Those proceeds may or may not be taxable .


Input: Can Obama Force You To Buy Health Insurance?

Output: No . You are not required to buy health insurance . Underthe Affordable Care Act , if you do not want to buy a health plan , you will have to pay a penalty -LRB- also known as an `` individual shared responsibility payment '' -RRB- . Many individuals have options for group insurance through their employer or they are on Medicare or Medicaid . If you decide to buy a health insurance plan , then you would either need to buy it on or off the health insurance exchanges . Buying on the exchanges is beneficial if you qualify for a subsidy . Subsidies can only be used for on-exchange plans - they can not be used towards plans sold off the health exchanges . If you choose to pay the penalty instead of securing coverage , you will still be responsible for 100 % of your medical care . The penalty is calculated in one of two ways -LRB- you pay whichever is the higher amount -RRB- . In 2014 , the penalties will be calculated as : 1 -RRB- 1 % of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan . 2 -RRB- $ 95 per person for the year -LRB- If under age 18 , then $ 47.50 -RRB- featuring a maximum penalty per family of $ 285 under this method . The penalty calculations will change each year . In 2015 , method one increases to 2 % of youryearly household income and method two increases to $ 325 per person . In 2016 , it will increase again to 2.5 % for method one and $ 695 per person for method two . The penalty methods will be adjusted for inflation in later years . I hope the input helps . Please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Auto Insurance Coverage Is Right For Me?

Output: In order to determine the right coverage to fit your needs you really need to have a sit down with a local agent who can consult with you on the rightcoverage 's . Without giving us any specifics of what we are trying to protect it is impossible to advise you .


Input: Can I Buy Multiple Life Insurance Policies?

Output: Yes you can so long as the total death benefit amount makes financial sense to the insurers . Unlike car insurance for example where it is not an acceptable practice to have multiple policies providing coverage on your car , having multiple life insurance policies on yourself is not as a rule frowned upon . It would be a good idea , however , to talk to your Insurance Professional about this because each issued policy will have certain fixed fees included in your premium . Having several policies then might actually end up costing you more than having one larger policy for the full amount of the benefit .


Input: Can I Buy Multiple Life Insurance Policies?

Output: The short answer is yes . As long as the total amount of insurance force can be justified through financial documentation . Many policy owners have multiple life insurance policies as they add new coverage at key life events like a new child , a bigger mortgage or increased future obligations .


Input: Can I Buy Multiple Life Insurance Policies?

Output: Yes , you can buy multiple life insurance policies , as long as you have enough income to justify the total amount of life insurance coverage you have in force . In fact , having different types of policies , or policies with different life insurance companies , can sometimes be helpful in accomplishing your financial goals .


Input: How Much Renters Insurance Is Required?

Output: Simply stated , you will want to make sure that the coverage provided for your personal property is enough to cover a loss . Talk to your Insrance Professional about the value of your belongings but also about including a `` Replacement Guarantee '' settlement clause to make sure youare well protected . The other element is Liability protection , which we recommend to be at least $ 300,000 .


Input: How Much Renters Insurance Is Required?

Output: In order to understand how much is required or desired , as an agent I would need to consult with you your insurance needs to help determine the coverage 's necessary to adequately cover you in the event of a loss . This way you can make an informed decisions as to which coverage 's you wish to carry and potentially any you may decline . Also this will help you understand what is actually covered and what is not . Call a local independent agent to help you find the right coverage 's at the right premium .


Input: Who Can Purchase Homeowners Insurance?

Output: Homeowners Insurance is protection for the primary home of the titled owner of a house . Thus , the titled owner may purchase homeowners insurance for his/her home.The homeowners insurance contract has a conditional clause stating that without ownership , there is no coverage . It is important to review the definitions section of the homeowners contract to assure that coverage is intact per the contract . If you are in the process of purchasing a home , it is common to obtain a quote and purchase insurance a few days prior to the close of escrow ; this is done in order to have the insurance in place prior to the transfer of ownership . A mortgage loan can not be funded without the security of insurance to release the funds . For a quote online , you may go to : WEBSITELINK


Input: At What Age Can A Person Go On Medicare?

Output: If you were married to a Medicare eligible spouse for at least 10 years , you may qualify for Medicare . If you are widowed , and have not remarried , and you were married to your spouse at least 9 months before your spouse 's death , you may be eligible for Medicare benefits under a spouse provision .


Input: At What Age Can A Person Go On Medicare?

Output: You automatically qualify and are enrolled when you reach age 65 as long as you meet the work requirement . Most people will meet these requirements if they have worked and paid into the system . You can also qualify if you receive Social Security Disability and are disabled for two years or more .


Input: When Is Medicare Primary Payer?

Output: If you only have Medicare A & B or Parts A & B plus a Medigap plan , Medicare is going to pay first . When you have more than one plan paying a claim , the process has to follow the coordination of benefits rules to determine who pays first and who pays second . The majority of the time , people who are on Medicare will have two types of coverage when they or their spouse works for an employer . Self-employed individuals will generally only be on Medicare and drop their under 65 policy -LRB- unless their spouse has group coverage they can be on -RRB- . How big the company is and whether or not the insured employee is working will generally determine who pays first . If the employer has 20 or more employees , the employer plan will pay first and Medicare second . If the employer has less than 20 employees , Medicare will pay first and the employer will pay second . If you 're on Medicare for a disability , the employer plan pays first and Medicare pays second if there are 100 or more employees - if there are less than 100 employees , Medicare pays first and the employer plan pays second .


Input: How Much Does Individual Disability Insurance Cost?

Output: The cost of individual disability insurance can vary . Typically , the monthly rate is between $ 50 and $ 300 and yes ... that is indeed a VERY big range . There are many components to the disability policy including the amount of monthly income and waiting -LRB- elimination -RRB- period . There are also many reputable insurers that provide affordable disability policies . An experienced broker can easily review specific rates with you . It 's important that they work full-time in the business so they can competently compare your options .


Input: Can A Felon Get Life Insurance?

Output: Yes , a felon can get guaranteed issue life insurance if they fit the age guidelines and if the product is available in their state . Most guaranteed issue policies have a maximum face amount of $ 25,000 or less . If the felony has been in the past , and the felon is off of probation , it is possible to get more coverage .


Input: Will Medicare Pay For Teeth Extractions?

Output: This is a good question . Typically Medicare alone does not cover routine dental . However , there are medicare advantage plans that do include dental coverage and also you can purchase a stand alone dental plan . Your broker should be able to help you explore your options . I hope this helps !


Input: Why Buy Life Insurance On Kids?

Output: Most advisers begin addressing long term care insurance with the clients around age 50 . But the buying public tends to purchase long term care insurance around age 60 . A couple of considerations here : You want to buy long term care when your healthy an relatively young to afford the premiums . But even if youre healthy , whats the predisposition of your family regarding assisted living and nursing home confinement ? If theres negative health history , then buying long term care earlier may be more prudent .


Input: Why Buy Life Insurance On Kids?

Output: Buying life insurance on kids is a good idea because it costs the least it will ever cost in their lives and it also can ensure their insurability . Most juvenille policy will have the option of allowing the child to increase the policy face value at some future point without having to go through another medical exame and pay only what the premium would be based on the amount of coverage added at the price that coverage would be at that age . When purchasing a childrens policy most carriers require that the parents have coverage at the same level as the child 's policy or higher . Contact your local agent to find out what types of policies they have to offer to meet your needs .


Input: What Is It Like To Sell Life Insurance?

Output: For me , selling life insurance is a little like finding a high quality piece of clothing for my customers on the discount rack . I love getting them the best value possible for their particular age and health details , while still getting them a good policy that will be secure and not go up in price . I will put in many hours to help them get the coverage they need at an affordable price , even if they have a challenging health situation or other risk . That brings me great fulfillment and has helped me make some wonderful friends , even though I rarely meet them face to face .


Input: What Is It Like To Sell Life Insurance?

Output: Selling Life Insurance is one of the greatest professions to be in . Yes , we have to address the death question which no one likes to talk about however knowing we are providing financial stability even if a little to a family or person who is grieving the loss of a loved one or partner is very gratifying to me . There is no other career like it .


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

Output: There are at least two contracts that are called `` mortgage insurance . '' The first is a policy required by the mortgage company that protects the mortgage company in the event that the borrower fails to meet their obligations . The second is a life insurance policy written to provide sufficient money to retire the mortage should death occur prior to the end of the policy term . A homeowner 's policy , is a combination of liability and property insurance that makes an insured `` whole '' as defined in the policy in the event of loss by lawsuit arising from the use of the `` home '' or a physical loss from a covered peril -LRB- fire , storm , and many others . -RRB-


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

Output: Hello ! I hope I can adequately answer your question . Mortgage insurance is basically life insurance , and either protects the family of a homeowner from a major debt if he or she should die , or protects the mortgage company 's interest by ensuring they are paid any outstanding balance on monies owed to them at the passing of the insured . On the other hand , homeowner 's insurance is property/casualty insurance designed to pay costs associated with an event or casualty that causes damage to the home or other structures on the covered premises . Thanks for the opportunity to share this information with you !


Input: Can I test drive a car from a private party without insurance?

Output: That is really up to the party that owns the vehicle . If they allow you to drive the vehicle and you do not have insurance and are involved in an accident while driving the vehicle ; -LRB- they -LRB- there insurance carrier -RRB- -RRB- could be held responsible for any damages during that accident . It would count as a claim on their insurance record and could potential affect there rates in the future .


Input: What Will My Health Insurance Cost Under Obamacare?

Output: Your health insurance rate under Obamacare will depend on many factors , including your age , smoking status , household income and zip code . Also , the availability of insurers to offer coverage will vary , once again depending upon where you live . Typically , experienced brokers -LRB- and our websites -RRB- , are the best resource for finding the most affordable Obamacare coverage at the lowest rates .


Input: Is Life Insurance A Part Of An Estate?

Output: When the owner of a life insurance policy names the estate , or the executor of his estate of his estate , as the beneficiary , the proceeds from the life insurance will be part of his estate when the insured person dies . This is also true if he transferred ownership from the estate , or executor of the estate , to someone else , within three years before the policy paid out . If the surviving spouse is the beneficiary or a policy owned by the insured spouse who died , the funds are not a part of the estate . If there is no surviving spouse , the life insurance proceeds are a part of the estate .


Input: Is Life Insurance A Part Of An Estate?

Output: The proceeds from the policy are income-tax free . If you name your spouse the beneficiary to the policy , the monies would not be included in the calculation of the estate . If the beneficiary is someone else , it would be included in the calculation of the estate for tax purposes . When the insured is also the policyowner , the life insurance proceeds can become part of the estate in the event all named beneficiaries on the policy , if any , predecease the insured -LRB- and assuming it 's never updated to reflect a new named party -RRB- . A trust , such as an irrevocable life insurance trust -LRB- ILIT -RRB- , can allow the proceeds to be excluded from the taxable estate because you would no longer be the owner of the policy . The trust would be the owner and controls how the proceeds are distributed .


Input: What Employers Must Provide Health Insurance?

Output: Most employers with 50 or more full time employees will be required to offer health insurance for their employees in 2014 . Employers can avoid the Obamacare penalty tax by reducing the number of full time employees on the payroll . Some will do so by eliminating jobs altogether while others will reduce hours of their staff .


Input: What Is The Spendthrift Clause In Life Insurance?

Output: The spendthrift clause in life insurance prevents creditors from taking the proceeds of a life insurance policy from the beneficiary without the funds ever going to the beneficiary . The spendthrift clause allows the carrier to give the death benefit directly to the beneficiary , although they might choose to do it in payments .


Input: What Is The Spendthrift Clause In Life Insurance?

Output: A spendthrift clause is occasionally used in a trust . It limits the ability of the beneficiary of a trust to promise all or part of the trust to a third party prior to the death of the person forming the trust . This is done to stop a young beneficiary from foolhardy investments based upon future funding of a trust from his doting aunt in Maine . The trustee is instructed to give money to the beneficiary and to deny all claims by third party interests .


Input: What Is The Spendthrift Clause In Life Insurance?

Output: Spendthrift Clause is a clause in most Life Insurance policies which prevents the creditors of a beneficiary from claiming any of the benefits payable to him before he actually receives the money . The purpose of this clause is to keep those to whom he is in debt from taking legal action to require the insurer to pay the proceeds directly to them .


Input: What Is The Spendthrift Clause In Life Insurance?

Output: The word , `` spendthrift '' means someone who spends money in an extravagant , irresponsible way . The spendthrift clause in life insurance protects the irresponsible beneficiary from having creditors pounce on their life insurance proceeds the minute they are received . This might be done by the life insurance company paying that beneficiary in installments .


Input: Can You Drive A Car If You Are Not On The Insurance?

Output: In Montana Yes you can . If someone has given you permission to drive the car then you are covered unless they have you excluded from the policy . But keep in mind that with most carriers when they are signing the policy they are stating that they have listed all drivers that live in the household and have access to the vehicle . If you are driving the car on a regular basis they should be listing you on the policy . I would talk to a local agent and also check the state you live in for the guidelines they require . In Most cases the insurance follows the car 1st and the driver second .


Input: Where To Purchase Health Insurance?

Output: If you live in Tennessee , Arkansas or Mississippi give me a call or e-mail me and I 'll help you out . This is becoming a mantra with me so here it goes - seek out an experienced health insurance agent and have them review your situation and your options both inside and outside of the government health insurance marketplaces . Of course , you can go to some online web sites and there 's always HealthCare.gov that is supposed to make purchasing health insurance so simple . However , ObamaCare , whether you love it or hate it , has done many things but making understanding what you are buying simpler for the average consumer is not one of them . There are many , many fine points regarding provider networks , how the consumer can access care , how different health care services are covered from one product to another , what prescription drugs are covered and how , that even when they are technically explained on a web site the consumer either does n't understand the terminology or just rushes past these important factors while focusing on a few bullet points and the monthly premium . I 've met entirely too many people this year who have come to regret the purchasing decision they made on their own and only learned the consequences of once they needed to use their coverage . So , do n't be that person . It does n't cost you anymore to use the services of a health insurance agent and you are making a decision that could literally have major implications for your personal and financial well being . Why would n't you seek out professional advice ?


Input: What Can I Expect To Pay For Individual Health Insurance?

Output: Somewhere between $ 0 and $ 1000 per month as an individual . What a person can pay for individual health insurance depends upon a variety of factors such as ; 1 -RRB- The state you live in and the health insurance marketplace region within your state that you reside in . 2 -RRB- Your age 3 -RRB- Whether you use tobacco products 4 -RRB- The health insurance carrier you purchase coverage from 5 -RRB- The health insurance plan that you purchase 6 -RRB- Whether you qualify for a premium tax subsidy for coverage purchased through the Federal or State Health Insurance Marketplace in your state . This is where it is possible that if you fall within a certain income range you may qualify for a large enough subsidy that it significantly reduces or totally offsets the monthly premium for a health insurance plan you might select . I 'm sorry that a definitive dollar amount answer ca n't be given to your question but as you can see from the factors outlined above there is no one size fits all answer to your question . I would suggest you seek out the services of an experienced health insurance agent to help you review your options and determine the answer for your specific situation .


Input: What Would Happen If We Cut Medicare?

Output: Medicare funding has been cut every year for several years now and even more cuts are coming under Obamacare . Between now and 2020 Medicare funding will be reduced by more than $ 700 billion in order to fund health insurance subsidies for individuals and families under age 65 , especially those that are not currently insured .


Input: Where Can I Compare Auto Insurance Quotes?

Output: You can compare auto insurance quotes from reputable car insurance websites that are owned by experienced brokers . We take the time to maintain and update our websites so consumers can easily view the best available rates in their area . Of course there are no fees or obligations , and typically , only top-rated companies are used .


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

Output: When the death of the insured occurs , you need to collect the obituary , the certificate of death and add a cover letter outlining the event to the life insurance company . In general the death claims proceeds should be paid out 30-60 days after the receipt of these documents . The time could be longer in death occurred in the contestability period , generally the first two first from the date of coverage .


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

Output: Not long after the life insurance company has received the obituary , certificate of death and you are confirmed as the legal beneficiary of the death benefit proceeds . In general terms , the claim should be paid 30-60 days depending on the bureaucracy of the life insurance company and you speed collect of the required documentation cited above .


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

Output: A very short time really . It starts with filling out a death claim form and submitting it with a certified copy of the death certificate to the insurance carrier . Upon reciept it is usually a matter of a few days mail time from notification to presentation of the death benefit .


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

Output: When a person dies , call your agent or the company . The agent can help you fill out the death claim form . You will need a copy of the death certificate . Once the company receives the death claim and death certificate they will usually issue a check very quickly , usually within a couple weeks .


Input: Can I Take Out A Life Insurance Policy On My Ex Husband?

Output: That is a great question ! You can , assuming that two things can happen : First , your Ex needs to agree , and sign off on the policy . Without his signature , the answer is no , you can not . The second is that you can prove to the insurance company that if he were to pass away , you would lose money . So if you had a clean break , no still shared bills , kids , etc. , and y' all walked away free and clear , then the answer again is no . If he shares child custody/support , or you own property or shares of a business , etc. , then the answer is yes , with his agreement , you can . If you need help sorting it out , please feel free to contact me , if I can help , I will . Thanks for asking !


Input: Can I Take Out A Life Insurance Policy On My Ex Husband?

Output: Yes , if there is an insurable interest . In other words , will his/her passing impact your financial situation ? In many divorces we see ex-spouses as the owner of the policy with the other former spouse as the insured . Obviously both the insured an the owner will both be aware of the other 's role in this transaction . In many cases , insurance with this objective will be ordered by the divorce court , or part of the divorce settlement .


Input: Can I Take Out A Life Insurance Policy On My Ex Husband?

Output: Yes , you can take a policy out on your ex-husband if certain conditions apply . First , your ex will have to sign as the insured so unfortunately you ca n't get a policy without him knowing . Second , if you depended on his income or alimony this can be approved . If you have children with your ex as the father , then life insurance can be taken out . You will have a tough time getting a policy approved if it has been years since you have been married and if you do n't stand to lose anything .


Input: Does The Federal Government Offer Disability Insurance?

Output: By paying your Social Security taxes you are paying for the right to receive Social Security Disability -LRB- SSDI -RRB- benefits if you were to become disabled . The criteria for receiving Social Security benefits may be stricter than the criteria for a private Disability insurance policy , and the amount of benefit received is less than you can get with most individual Disability insurance policies .


Input: Can I Add My Elderly Parent To My Health Insurance?

Output: No . The only people who can be added to your health insurance is your spouse and your children -LRB- if you 're a legal guardian of another child , then they can be added as well -RRB- . Your parents would have to be under their own coverage . For senior citizens , they have Medicare available to them if they 're not on it already . If they have original Medicare -LRB- both Medicare Part A & Medicare Part B -RRB- , you may want to consider adding a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- to cover the gaps in your original Medicare coverage . Original Medicare only covers about 80 % of healthcare expenses - you can have all or a portion of the other 20 % covered under a Medigap plan . 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: Does Homeowners Insurance Cover Dead Tree Removal?

Output: Typically it will not . This would be considered part of homeowner maintainance in most cases . If you know that the tree is dying and do nothing about trying to prevent it from damaging your home or other property or people you may not be covered under your homeowners policy . Read your policy completely to know what is covered and what the exclusions are or call your local agent to have them go over the policy with you .


Input: Does Homeowners Insurance Cover Dead Tree Removal?

Output: If the demise of the tree was naturally occuring then homeowners insurance will not cover the removal . That would be considered a maintenance issue and homeowners insurance does n't cover maintenance . However if the tree came down on and damaged the home , some coverage would be provided under the debris removal clause of the policy . Lightning damage to trees is also covered by most comprehensive policies , though a low $ $ limit of coverage is provided . Check with your local insurance professional .


Input: How To Plan For Retirement Young?

Output: Retiring young has one major risk , human longevity . As an example , if you want to retire at age 50 and you are a non-smoker in good health , you may easily live to age 90 . That requires forty years of income to pay for your retirement lifestyle and probable assisted living expenses . This means you have to live below your means , save more than ever before and be a prudent investor .


Input: Does Health Insurance Cover Eye Surgery?

Output: The answer to whether health insurance will cover eye surgery depends upon the medical reason for the procedure . Many eye surgeries are designed to correct impaired vision . Procedures such as LASIK eye surgery are designed solely to correct vision and are generally not covered . Other eye surgeries are needed to address an underlying medical issue . My father recently underwent an eye surgery for an ocular nevus which was diagnosed as melanoma . His procedure was covered by health insurance .


Input: Does Health Insurance Cover Eye Surgery?

Output: Most eye surgery is covered by your health insurance plan if the surgery is considered medically necessary . Surgery designed to correct vision that could otherwise be handled with eyeglasses or contacts is normally not a covered expense . If the patient has cataracts that are severe enough as to inhibit vision , your health insurance plan will normally cover surgery . You should consult your eye doctor and insurance carrier before assuming eye surgery is a covered expense .


Input: Can Illegal Aliens Get Auto Insurance?

Output: Yes . There are not many companies that offer this type of insurance but there are a few companies who will insure drivers with an International Drivers license . Once you have a policy some companies require a valid US license after a certain period of time and others will continue to insure you with a International License for as long as you want .


Input: Does Homeowners Insurance Cover Failed Septic Systems?

Output: It really depends upon what you mean by `` failed septic system . '' If you mean you have septic backup into your home you could be covered if you have sewer/water backup . This is a endorsement in your policy that adds a sub-limit for clean-up AND repair . If you mean your septic tank has failed , that could be covered or could not be covered by a homeowners policy . It really depends upon the wording of your policy because there is no such thing as standardized septic tank coverage . Furthermore , if the septic tank has failed due to age or wear then that will definitely not be covered because that is more of a warranty issue than an insurance issue . I hope this helps .


Input: Is SGLI Term Or Whole Life Insurance?

Output: Single Guideline Level Premium is the premium -LRB- lump sum -RRB- that would be required to pay a policy up within the first 7 years of the policy issuance . Therefore , if I have a $ 500,000 face amount and for illustration purposes let 's assume the lump sum I would need to invest in order to pay the premium up without having to make monthly premiums is $ 21000 . While these figures are not calculated with a quotaqtion system it illustrates why having a life insurance policy is a good investment because I can pay the monthly premium and if the monthly premium is $ 100 I trade my $ 100 for a protection amount of $ 500.000 . My wife and children would never scold me for wasting money .


Input: Is SGLI Term Or Whole Life Insurance?

Output: The SGLI that is offered by the VA -LRB- Servicemembers Group Life Insurance -RRB- is Term insurance . However , it will stay in effect until you are discharged from the service . At that time , you can convert it to VGLI , which is also term insurance , but can be renewed for the lifetime of the insured person .


Input: Does Medicare Part A Have A Deductible?

Output: Yes , Medicare Part A has a deductible of $ 1,184 in 2013 . This applies to stays in a hospital or skilled nursing home , and the deductible is charged per 60 days , NOT per year . Therefore , if there was a qualified hospital stay during , e.g. , the spring of the year , and then again during the autumn of that same year , the patient would pay two deductibles .


Input: Does Medicare Part A Have A Deductible?

Output: For 2016 the Medicare Part A deductible is $ 1,288 . Medicare Part A covers an inpatient hospital stay , skilled nursing facility -LRB- rehab -RRB- , hospice and some home health care . Most Medicare Supplements will pay the Part A deductible for you and the co-pay if you need to stay in a skilled nursing facility more than 20 days . The copay for days 21-100 in 2016 is $ 161 per day .


Input: Can You Switch Car Insurance Mid Policy?

Output: Insurance policies can be cancelled . Many companies charge you for the number of days that you were covered . Some use another system that penalizes you a bit for cancelling before the end of the term . All you need to do is notify the company or your agent . All coverage ceases . This should not be done unless you no longer have the vehicle , or you are immediately placing insurance coverage with another company .


Input: Can You Switch Car Insurance Mid Policy?

Output: You can switch or change your car insurance at mid-policy . The refund will be based on the unused portion of the coverage . It is possible that a `` short-rate '' will occur . Of course , you should secure other coverage before you cancel an existing policy . LIVE answer provided by : Ed Harris - Premier car insurance broker since 1980 and owner of several of the nation 's top-rated consumer websites .


Input: Can You Switch Car Insurance Mid Policy?

Output: An auto insurance policy can be cancelled at any point in the policy . The carrier that you are currently with will refund any unused portion of the premium paid . Please read your policy completely to understand any consequenses of cancelling your policy with your current carrier or contact your local agent to have them assist you in the cancellation process .


Input: Can You Switch Car Insurance Mid Policy?

Output: Absolutely you can . That is your choice . But I recommend that prior to canceling your policy to have a quote lined up with another carrier . Going with a lapse of more then 30 days can make your rates much higher . If you canceling because your not happy with your agent but like the carrier you can also call the carrier and they will get you another agent and you can keep you policy . If you are canceling your policy because you no longer have a car and will be getting one in the near future many cases you can go to what is called a non owned policy that covers you if your are driving a car that you do not own for the liability only portion . Call a local agent and discuss your options this will keep your cost down later in the future


Input: Does Auto Insurance Drop At 25?

Output: In California age is not a criterion for auto insurance . Driving experience is the criterion that is used . In the states that do use age , there is an age when premiums decline . This is because statistical evidence shows that the cost of insuring drivers over a certain age drops dramatically . It is also true that many companies increase their rates a bit as drivers get older or have even more experience .


Input: Does Auto Insurance Drop At 25?

Output: Many companies drop your car insurance rates when you reach age 25 . You may also see rate reductions at age 19 -LRB- assuming three years of driving experience -RRB- , age 30 and when you get married . Additionally , at age 55 , often a rate reduction is applied to your policy . Each company is different so it 's important to correctly shop for the best prices . Live answer provided by : Ed Harris - Experienced auto insurance broker -LRB- 33 years -RRB- and owner of top-rated website offering free quotes .


Input: Does Auto Insurance Drop At 25?

Output: They might , but it of course depends upon the company and the driver 's record . Each insurance company files their rates and underwriting guidelines with each state 's Insurance Department , who then approves them for use in that state . If the guidelines as filed and approved for your company include a rate adjustment resulting in a lower base premium for drivers aged 25 and above , than more than likely you will see a reduction barring any other circumstances .


Input: Does Auto Insurance Drop At 25?

Output: That is a great question ! The rates for auto insurance are based on a great number of things , and age is one of them . The data from the Insurance Institute of Highway Safety shows that statistically , drivers tend to be safer once they reach the age of 25 . Being married , how long you 've been driving , even your gender can all be factors in the rates . So some companies may lower your rate after your 25th birthday , but some may not . There are just about as many factors that determine your rate increase or decrease as there are companies selling the insurance . If yours does n't , then shop around and see if there is one that is cheaper . Good luck , and thanks for asking !


Input: Can You Borrow Against Your Retirement Plan In Florida?

Output: It depends . borrowing rules are contingent on the type of plan . For example , a defined benefit plan whichprovides a fixed benefit at retirementmost likely willnotallow you to borrow . Whereas a defined contribution plansuch as a 401 -LRB- k -RRB- or 403 -LRB- b -RRB- often provides such option.I suggest contacting your plan administrator to ascertain the requirements for your plan .


Input: Can You Borrow Against Your Retirement Plan In Florida?

Output: It depends on how your retirement plans was set up in Florida . We do many small business retirement plans in Florida and when the business sets up the 401k for example they can elect to allow employees to borrow from their own account or not . However , some types of retirement plans do not allow you to borrow from them . You should speak to the person who set up your retirement plan to determine what options you have .


Input: Who Sells Health Insurance?

Output: Health insurance is sold by licensed agents and directly from insurance carriers in all states . If you want to look at options online all websites are from licensed agents or carriers such as Anthem , United HealthCare and Aetna to name a few . It is important to make sure that the person or company you work with understands how you use health care in order to show you health plans that meet your needs .


Input: Can I get life insurance with a DUI?

Output: Simple answer ... there are quite a few companies that will do this ... be prepared to pay a much higher monthly premium if they issue your policy though ... and every company will have this high rate ... so shop around a lot before you buy ... smiles ... or just let someone else drive next time if you can .


Input: Can I get life insurance with a DUI?

Output: There are some insurance companies that will still allow you to get life insurance even if you have had a DUI . There are some easy issue life insurance policies that are available to individuals that are seen by the insurance agency as a higher risk . There is usually a cap to the death benefit you can have with these policies . These easy issue policies usually only ask a few health related questions to determine eligibility . The rates tend to have a little higher monthly premium because there is a higher risk involved . Some policies include a built-in accidental death rider that pays double the face amount on the policy . Individuals that have made a bad judgment call when they were intoxicated are seen as a higher risk . Companies want to be able to put a limit on the amount they would have to payout in this instance . The unfortunate part of this is that most of us make one mistake and it haunts us for the rest of our lives . There is usually not a time limit associated with this question on the application . That means , even if it only happened once and it was a decade ago , you may not be able to get that particualar policy . But the good news is that you will still be able to find some life insurance for yourself because there are policies available to you . Make sure that you find the right one though because if you are denied from one , you may not be able to get insurance for two years from any company . Be open and honest with your agent because a good agent will find the policy that you can qualify for .


Input: Can I get life insurance with a DUI?

Output: Getting life insurance with a DUI is possible . The price you pay will largely depend on how long ago the DUI occurred . If there was alcohol treatment involved , and a second DUI occurred after that , you may not be able to get a medically underwritten policy , but will be able to get a simplified issued policy a year or two after the last DUI .